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Topic: Elon Musk Another Twitte for DOGE COIN - page 4. (Read 555 times)

sr. member
Activity: 1988
Merit: 275
February 21, 2021, 07:35:03 PM
#7
If the price pumps again, I think we can attribute it to pump and dump groups and not just because Musk tweet about Doge again. Again, it's pretty obvious now that he is just shilling for Doge, and then this pump and dump group starts to work and FOMO again. Very risky for young investors, as they might lose money because of this fraudulent practice. But this is open market, Musk tweet-> p&d group->FOMO->make money, rinse and repeat.

These pump groups are capitalizing with the tweets from Musk. So be careful jumping on this hype. It is good to see the doge price increase in slow motion rather than having steep climb. Steep climb is very risky if you are aiming short term profits. That may end up badly in your financial aspect. The last part that you said above is somehow true. That's how pnd scheme is. Good thing, doge will not hit rock bottom because it is an old established coin with use case in gambling and as transfer purposes.
sr. member
Activity: 1162
Merit: 260
February 21, 2021, 07:24:34 PM
#6
Do you think guys it will pump again to 200 Sat's or more ?
It don't think doge can be easily pumped again. The pump pump scheme for dogecoin already over and then the recent tweet by elon musk gives nothing to the doge coin. People have known if that was an unhealthy pump by the whales that already bought a lot of dogecoins. There are lots of questions about the owner of the such a wallet that contains 26% of total supply of dogecoin.
This time the trend for dogecoin is getting changed.
legendary
Activity: 2576
Merit: 1655
February 21, 2021, 06:52:32 PM
#5
If the price pumps again, I think we can attribute it to pump and dump groups and not just because Musk tweet about Doge again. Again, it's pretty obvious now that he is just shilling for Doge, and then this pump and dump group starts to work and FOMO again. Very risky for young investors, as they might lose money because of this fraudulent practice. But this is open market, Musk tweet-> p&d group->FOMO->make money, rinse and repeat.
sr. member
Activity: 658
Merit: 250
February 21, 2021, 06:37:41 PM
#4
Do you think guys it will pump again to 200 Sat's or more ?

Doge coin will pump soon, and Elon Musk twitts is definitely a bigger contribution for this project to boom in the future. That 200 sats was just a small value, I would expect more from that at around 1k sats would be enough to take huge gains if you're holding much doge.
Don't ever dump early, but what we need to do now is increase our holdings and wait for the perfect time of altcoins bullrun.
legendary
Activity: 1526
Merit: 1359
February 21, 2021, 06:35:50 PM
#3
I think yes, many people still follow him. But if you want to follow please becareful to buy a peak.
This trend should be ended, a buy signal without any fundamental or technical background isnt healthy.
Its just like pump-dump group, but only lead by a person.

Yes, I wonder how long this can take?
Sooner or later people will get tired of his tweets and I believe DOGE will dump to previous levels.
I'm not buying pump-and-dump coins.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
February 21, 2021, 06:20:50 PM
#2
Do you think guys it will pump again to 200 Sat's or more ?
It might be.

That's the usual thing that happens whenever Elon tweets about Doge coin. But it's no longer fun IMHO. Those tweets that he had made about Doge coin sure made rounds on the web but sorry for those investors that have bought it at the top because you just saw him tweet it.

Next time, DYOR before buying cryptos.

It's a very necessary requirement if you're using your hard earned money to invest.
member
Activity: 219
Merit: 14
February 21, 2021, 06:12:12 PM
#1
Do you think guys it will pump again to 200 Sat's or more ?
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