Post
Topic
Board Speculation (Altcoins)
Re: Dogecoin Spikes 10% After News Of Musk's $3B Stake in Twitter
by
dunfida
on 09/05/2022, 21:31:13 UTC
Yes you are right with the decision you made because the more we come here, the more we can see that Elon Musk has made jokes on Twitter.
So if the price of the doge coin pump returns even though it only increases by 50%, then just sell it don't keep it anymore.
Because when the price of Dogecoin bounces it will probably be even cheaper than it is now.
we have seen that this meme coin is always fell like a rock for how many times now since from the start and many people lose confidence in it especially when it comes holding as it so easy to manipulate after the hypes.

So i don't think people will believe that because elon musk bought twitter, this project will keep improving as well and panic selling will not happen anymore. Nope i don't think so, its always too good to be true!
Elon Mask is a very influential person and with the purchase of twitter his projects have got a new way.
That is how luck helps. Dogecoin owners must be very happy. I wish I would have some coins. The market is unpredictable. Hence proved.
Sometimes luck does really contribute out for someone to make out some profits out of these events or sentiments but in overall you cant rely on any news or events which is attached with these influential people in

the market and this is where risk taking would take place or depends into a certain individuals or investor.10% spike wasnt really that bad and its a good call for those who had bought earlier.

We know on how influential Musk is but each tweets and actions arent really getting much attention much nowadays.People are becoming more smarter or we are already get used to it.