It’s the Saturday morning before Papa Musk takes the stage on SNL and Dogecoin is at an all time high. So I ask myself do I buy more or do I sell and take my 9,000% profits? Just kidding, I don’t ask myself that, I only buy more.
I live in a car now and have no steady source of income. I have some money in the bank and I have about twice that in Doge. If I sell my Dogecoin now it would allow me to travel worry free for 2 years, no problem. But will I sell? Fuck no, I’ll probably lose most of my profits and blame it on the government.
My first encounter with Dogecoin was a little hesitant, I was shy, a crypto virgin. I only put a couple hundred bucks in at .008. Overnight that grew to a couple thousand bucks and I thought, “God damn, that’s a huge return, I should sell.” I bought more, thank god for my stupidity. If you follow along you know that Dogecoin is consistently setting new high’s and breaking ceilings and making millennials rich. Now if you’re reading this you’re probably assuming that I know something about Dogecoin or could explain it to someone. Nope, no idea what it is or why it is. I just know when I feed it money it makes me more money and that’s all I need to know.
This may sound like a perfect relationship but there are a few issues that come along with falling for Dogecoin. First of all, 90% of all Dogecoins are owned by less than 100 people. That means if those 100 people decide they’ve finally made enough profit and sell, Dogecoin plummets. Secondly, Dogecoin will make you crazy. The swings are so large and so sudden that you have to open your investing app constantly to see if theres been a huge spike or drop. I’m a slave to the game so to speak. When Doge hit .30 I said I’d sell at .40, when it hit .40, I said I’d sell at .50 and so on and so forth. It’s a vicious cycle.
If you bought Doge months ago and you’re still holding, I’m proud of you, keep up the good work. I hope that you sell at the peak and don’t get burned, but let’s be honest, a lot of us are going to get burned. Oh and Papa Musk, give the people what they want tonight, to the Moon!!!