Quote from: monineklutak on November 08, 2022, 04:05:44 PM

Quote from: Strongkored on November 07, 2022, 10:59:38 PM

The increase in dogecoin is only temporary and it becomes a trend on this memecoin when Elon tweets about dogecoin it will have an impact on the price but that doesn't mean the altcoin has entered a bullish period.
Musk can't afford to do that on Bitcoin because the capitalization of Bitcoin is bigger than any other coin so it takes a bigger effort to be able to pump it up.

Obviously a meme coin like Dogecoin is certainly different from Bitcoin but it must also be admitted that when Elon Musk posts a tweet about Dogecoin it will have an immediate impact on the price increase even if only temporarily,
whatever it is I think we need to always follow the news and developments from the market and that's important

I do agree that it will have an impact, but the problem here is not that "will he tweet about it?" the problem here is do you really want to invest into something that will make a profit for you only if some guy tweets about it? I personally do not feel like that makes sense, it is definitely something that will make sense if people really do care about it, but that doesn't mean that we should be investing into something just with a hope of a tweet.

I prefer to invest into things that are fundamentally strong, like bitcoin or ethereum, they don't need anyones tweet and they could go up all by themselves without a need for it, definitely a great job done.