Post
Topic
Board Speculation (Altcoins)
Re: Why is no one talking about shorting alts?
by
RbiggerG
on 05/06/2021, 20:28:48 UTC
Dogecoin coin is still doing well and there some people who are taking over from where Elon left off in terms of pumping dogecoin! The capitalization of doge is huge right now and the positive sentiment is still surrounding the dogecoin.  For how long this going to last,  nobody knows.  But I will sure ride this positive sentiments until it's no longer there!

It's still dependent on the performance of bitcoin, there's no hype if bitcoin is down, and if bitcoin will go bearish and will go down $30k, I doubt DOGE will still stay at the current price. While some people are still expecting DOGE to reach $1, we should also look at the other side, the bad side which DOGE could go down again at $0.1. I'm already hearing a lot of bad news about DOGE, it's overhyped and therefore it will correct soon.

No way will alts stay strong or at least 99% won't unless a miracle happens. The bad news for Dogecoin exist mainly because it is a damn meme coin and it is also inflationary forever. However, being positively critical even with Dogecoin is also important. Just saying it is bullshit is not the right way to go about it. If Dogecoin gets an army of developers behind it and a lot of funding, I don't know what makes it necessary worse than other coins except for the fact that you can't take it for real somehow.