Post
Topic
Board Altcoin Discussion
Re: Who lost money due to dogecoin?
by
Abiky
on 22/12/2023, 23:28:55 UTC
So we all remember the time when dogecoin first came out, it was such a hyped-up altcoin, and everybody was excited about it. People start investing into the coin, and then it ends up sky rocketing! Who here was one of the people who invested into dogecoin while it was around the 60 cent mark, and wanted it to go up even higher, but then ended up losing a ton of money? Well I’m one of those people, and currently, dogecoin seems to be doomed, and I haven’t seen it get past the 10 cent mark in so long, and doubt that it will anytime soon. Coin doesn’t seem to be going anywhere, so for that could we get an RIP dogecoin in the chat? 😢🙏

I remember when DOGE was worth less than $0.01. It was often overlooked by many because of its inexpensiveness and ever-growing supply. After all, the creators of the coin said it was nothing more than a "joke". It took one man to lead the cryptocurrency all the way to fame. If I knew someone like Elon Musk was going to endorse the "meme" coin, I would've bought lots of DOGE to sell it after the "big pump". While I didn't lose any money, I also didn't make any.

I regret not taking the opportunity of a lifetime to become filthy rich. Perhaps, that's why new "meme" coins began to appear. People who missed the train are now investing in Dogecoin alternatives with the hopes of becoming rich in the short-term. But I think it's already too late. Dogecoin will eventually lose its value, as Elon Musk moves on to the next big thing in crypto. The future can't be predicted, so lets hope for the best. Smiley