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Doge is done…

Not sure if it’s worth piling on, but this Doggie has run its course. Been out as noted last July. HOOD was just as much a bust. Like I said, don’t speculate with money you can’t afford to lose.  The Options Wheel strategy on the other hand has been a tremendous success. Since last July using the Think or Swim (TOS) app, I have been able to generate premiums and returns between $500 and $11,000/mth. So, seeing this work in real life has convinced me to transition my trading from that of a high risk speculator, chasing the latest meme stocks to that of a semi-value investor; all by using a covered Call and cash secured Put strategy that also takes advantage of profits and dividends as well.  So long term, the goal is the same…get my portfolio over $1-million, and “tap out in ten.” That’s my new mantra. Look into the Wheel Strategy as well folks, and join me. 

Long time no Doge...

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Welp, I’ve moved out of Doge for the moment. Played Da’HOOD for some nice IPO gains. Looking to flip this trade to a quick $350- to $500, and I’ll figure things out from there. Doge has lost my interest for the moment. Sometimes momentum needs to be capitalized upon...$191 to $375, back to $277. Onwards to $500. On the other side of the fence looking to SELL one PUT option on about $4,000 for around $200 to $250. Trade to come when/if the opportunity presents itself. 

Support above .16, but could fall under .10

 See the latest from FX Street. Beyond that no new news! https://www.fxstreet.com/amp/cryptocurrencies/news/dogecoin-price-fumbles-the-opportunity-but-doge-clings-to-bullish-aspirations-202107241905

The more you feed a hurricane...

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The more you feed the monster, the more it wants. Look the bottom isn’t here yet; anyone buying coins now is just giving their hard earned money away to those who want to cash out at this point. Look at all the green...followed immediately by the red. Telltale sign of a money swap. Believe me; I want to be wrong here. Looks awesome here...until you really... Zoom in on the details...

.15 and below this weekend?

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Coming up on ten days ago, I called the slow dwindling to .15 ; looks to be playing out. Would I have wanted it to recover to .45 or higher? Absolutely. Look, no one wanted to see .15, but it’s obvious to me that the whales wanted and continue to want to cash out. Will hodl until under zero at this point. Goodbye $200. Never speculate what you aren’t willing to lose! See my Tips under [Pay Yourself First](https://dogecoinmillionaire.blogspot.com/p/pay-yourself-first.html) on my blog, it’s Tip #5 there, my friends. I think we’re going to see sub.10 and possibly under ZERO soon enough. Hodling not adding until then...

Almost there...Almost there

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This has .15 and below written all over it. I’d expect to see sub .10 shortly. The whales are cashing out at every bounce, imho. Not buying until we’re back under zero.  Hodling 1,111 coins to whatever end! Woof!

The slow dwindling to .15

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This will test .15 and lower, gut feeling no fundamental analysis to support that thesis. Technically however, we are already seeing May 18th lows, but instead of positive momentum, we have stalled. As a result, I suspect this will test .19 again — as we’ve already seen .21. It’s a race to zero from there...just my opinion. Again, I see sub .10’s happening again, and I’ll buy some there and again at zero. Yep. Literally trading real dollars for ...emptiness.  My hunch is we will see $.75+ again within the year...just don’t know when, and worst case; I lose the bet... and I’m holding onto 15,000+/- Doge. Could be worse.  And this is all just that, a bet. Don’t delude yourself into thinking this is investing. But I like a good casino just as much as the next person; let it roll!

Nowheresville...

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Haven’t posted in a little bit because we’re flatlined. Hodling for a breakout...falling wedge still in play. Here’s to positive news for a breakout back to $.75+ Sitting on $200 still in case there is a break below $.15.

Options Income...

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Quad Income...Options Income

Pay in Doge for travel...

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https://www.cnbc.com/amp/2021/06/29/crypto-friendly-travel-site-marks-us-debut-with-dogecoin-payments.html

Option Income Advisor

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For those who want to learn more about the options trading that I mentioned on my Pay Yourself First... page, here’s a link to a site with great information on how to get started, let Ryan know the DogeDoghouse sent you: Option Income Advisor

Put up or Shut up...proof...

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Evening all! The original Doge Coin Millionaire has said that he’s holding for at least a year or until his account balance reaches $10-million. I get it, we all want to dream big, but I’ve found dreaming versus trading where the stocks/coins are right NOW is another form of the “hope and prayer” strategy.  My thoughts...take the profits. Don’t be greedy, pay the 40% capital gains, take the $600,000 and pick up more Doge on the pullback! Profits are never guaranteed; you have to be opportunistic, lest you get left hodling the bag.  For those who are hesitant to view what I’m saying here, I wanted to post proof (below) that I have experienced the BIG ups and downs of the market.  Folks, I’ve been “Diamond hands” on Hydrogen (H2) (FCEL and PLUG) and Blackberry (BB) since last November. I rode the momentum up in my “sandbox” play account from $68,000 to almost over $150,000 at the peak. Guess what, I’m still holding, but I’m back to my original account value. You know why? G...

Still a falling wedge...>

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Still a falling wedge... >. June 19th I thought that would take us under .28 for a bounce back up, but I’m inclined to believe after last week’s drop to .16 that the whales wanna cash out soon, and we might just see sub .1 and below, possibly below zero as some have predicted the bottom to be. See my posts about head and shoulders patterns and links to thoughts on that and the still evolving falling wedge. Looks like we may consolidate back to .05. Anyone notice after what looks like a retail buy-in big cash outs happen. Save your money for lower coin values, the whales are winning. Bitcoin is said to only be at the bottom of its fall when Doge hits below zero. I’m holding my 1,111 coins for a bounce UP should that prove to not be true, but I’m not going all-in until I see that magical .009 or below. .009 = 22,222 coins, and .002 = 100,000 coins. Now I know that may mean many more years until another breakout near $1 occurs — if any, but since this is a big speculation play anyway, ...

No regerts...

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No regerts... DogeDoghouse (S)wag!: https://www.redbubble.com/people/Phoenix71/shop?asc=u

See-saw...

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And we’re back down...getting a little seasick. Only option is to ride out the storm of volatility. 

Back in Black, sorta...

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Back past .275. Next level for full green is .52. Hodl! Looking for .75 to $1+ before I start flipping these coins. Again $200 ca$h for another pullback. Up $60.69 today...yeah I waited for the .69. ;)

Almost back to .275!

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Yeah, that’s what I like about Doge! A little patience, don’t overreact...she’s back, baby! Still down $35, but loaded up with $200 in cash for any major drops under .10. I’ll take the upside back to $1! Account balance: $504.66; no trades pending. Was down to $378 at one point, I’ll take a patient recovery versus a panic sale.  Strategy, hold to .75 or $1+. Add in 10% trades IF the coin stabilizes again.  Hey, 75% return back to this point. Good example of how emotions keep us from executing on opportunities. How many Coudla, Woudla, Shoudla taken advantage of the move from .16 back to .275? I didn’t. Oh I thought about going in with $5,000. Believe me, but fear kept me out. And only guts kept me in as she dropped. Would I have stayed in with an account value of $5,000+? I dunno, but that’s the point. No regrets. Moving on... Do the math...$5,500 at 75% returns = 10 trades for $1-million. Could you stomach the fear at trade number 9? I couldn’t at trade 1...

HODL to avoid CWS Coudla, Woudla, Shoudla...

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Looking to be recovering nicely. Still holding for 30’s at least for 10% on my .275 play!

S’going sideways...

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Sorry for the distractions, folks. Figured I’d start my own play on wishful thinking with Coudla, Shoudla, Woudla Live for today... The DogeDoghouse mantra from here on out.  Imma throw together some better designs, but appreciate any support you can throw my way. That pic is from Grand Cayman, beautiful place. Check out my vacation page on travel tips. I’ll be updating that part of the blog with a lot more content to come, stayed tuned!  Doge is holding in the .20’s and so am I big it pops, I’m in with 1,111 coins. If it drops...I’m loading up with $200 sub .05, NOOO doubt.  Down about $90...

Doge to less than a penny?

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Interesting contrarian opinion, folks...   https://www.benzinga.com/markets/cryptocurrency/21/06/21678280/famed-short-seller-says-bitcoin-hasnt-bottomed-until-dogecoin-slips-below-1-cent