TraderThierry

DOGE investors are crying

做空
BINANCE:DOGEUSDT   Dogecoin / TetherUS
Bad luck to anyone who decided to invest in DOGE this week, your winnings have been wiped. This crash was inevitable due to the volatile move in the DOGE market and the inevitable fact that DOGE isn’t backed by anything in any sort of way.

On the other hand, HODLers are ready to keep going and to push through. No one really knows where this is heading, Elon’s speech did the opposite of what it was supposed to do.
As Elon has stated before, “fate always meets irony” as all investors were buying DOGE before Elon’s hosting of the SNL last night, thinking that it was going to pump, irony met them and DOGE crashed 30%.

I do not suggest invest in DOGE as their are other alternatives with lower risk, along with lower returns.

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