i did something today.... am disappointed and saddened deeply but im still holding

Due to the market cap it can never reach much past a dollar (USD). Everyone is also planning on selling at a dollar meaning it'll probably peak at $0.90. This is all demand vs supply.

Last night showed that. Think about when the best times are to buy/sell. Peak popularity is the best time to sell and as we all knew we expected Elon on SNL to bring it to peak popularity. I pulled my money out before SNL because I knew people would be viewing the popularity of SNL as a peak and would use that to sell at a profit. The large dip was from this causing a cascade effect of people panicking.

It'll go back up to $0.60 - 0.70 (USD) over the next couple of days, when it does you should pull out. The fact you thought the price was going to rise shows that you do not have an understanding of how these work. Unfortunately reddit/twitter/4chan is not a good place to understand the future of these kinds of things and your loss shows that. Pulling out between 0.60 - 0.70 allows you to keep the original money you put in. Afterwords you should do much more research on your investments and bet what you can afford.

/r/dogecoin Thread