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[AudraMiller]

The price of dogecoin has bene doing very well lately, and it has increased by 20% over the last day. This is a major increase in the price. Crypto analysts are speculation that this could be because of a simple tweet made by Elon Musk. .Musk has 40 million followers, and posted a single word (Doge). This could have prompted his followers to invest in the coin, therefore driving the price up. This clearly shows the influence that these figures have on the crypto world.

 

[AudraMiller]

Wow your technique is soo better. I also think the newly released coins are best for to earn some quick profit as soon as the coin is released, it starts on rampage . Like the latest Ethereum token released about 1 week ago, got to 0.1 to 0.6 within few hours. So I also think these are the best way of investment.

Is there a site that you use perhaps to get notifications of these new coins as they are released so that you can invest in them at an early stage or are there perhaps other ways that you get this knowledge of the new coins?

 

[GoldenLady]

Yes it does show their influence. But to a certain extent it also shows how volatile and easily influenced the market can be if the right people are influencing the population on crypto decisions.

Thats why Bitcoin too is on the rise. But I would personally hold Bitcoin or litecoin instead of dogecoin, they're more stable and well established.

 

[AudraMiller]

Thats why Bitcoin too is on the rise. But I would personally hold Bitcoin or litecoin instead of dogecoin, they're more stable and well established.

Yes you are right. And whilst they are more established their value will also rise because they both have haling events that will help to reduce the supply to increase their value, which dogecoin does not have. Dogecoin however is good when it comes to transaction fees though.

 

[westmania]

Wow your technique is soo better. I also think the newly released coins are best for to earn some quick profit as soon as the coin is released, it starts on rampage . Like the latest Ethereum token released about 1 week ago, got to 0.1 to 0.6 within few hours. So I also think these are the best way of investment.

yes just need to be careful of some scams. just trapped in POND. that one was same profitable until 2nd hour. i saw after my sell still it rises some more. so next time did not sell and waited more but then it turns dropping hugely almost 75% price drop. that was my wrong calculation because before that scam or drop i had enough opportunities to get 2x profit in 4-5 up and down. so still new coin profit thing is perfect for POND. I like spot buying selling in speed trading thats also nice sometimes very risky.

 

[Sudipta]

yes just need to be careful of some scams. just trapped in POND. that one was same profitable until 2nd hour. i saw after my sell still it rises some more. so next time did not sell and waited more but then it turns dropping hugely almost 75% price drop. that was my wrong calculation because before that scam or drop i had enough opportunities to get 2x profit in 4-5 up and down. so still new coin profit thing is perfect for POND. I like spot buying selling in speed trading thats also nice sometimes very risky.

Yeah all the cryptocurrencies are definitely unpredictable. It depends on luck. Though mostly new coin rises much at first but soon they become all unstable that within seconds they fall by 20-30%

 

[westmania]

Yeah all the cryptocurrencies are definitely unpredictable. It depends on luck. Though mostly new coin rises much at first but soon they become all unstable that within seconds they fall by 20-30%

yes. for new coins if bought at spike high price that might not return again in next 30 days sometimes so huge risk first 5 minutes trading. still i think these coins are nice to try.

 

[Sudipta]

yes. for new coins if bought at spike high price that might not return again in next 30 days sometimes so huge risk first 5 minutes trading. still i think these coins are nice to try.

Yeah definitely they are nice to try as most of their price increases for at least some hours . So I get successful to invest at the perfect time, it's possible to earn good amount.

 

[BullyMaguire]

He did it again??? Wow im not following Dogecoins news these days so im not aware of this. It's good for holders. It might not seems like a huge difference but if you own a lot of it you will feel the difference for sure.

 

[aryan4]

The names known by the markets or a single word of the names on the agenda with large capital can mobilize tens of thousands or even more.
A Tweet or a social media message posted by these people can be really effective.

 

[Wisdom01]

I actually know that elon musk is a supporter of dogecoin because i have been seeing his tweet about it and its really helping the coin i think , i guess he might hold some part of dogecoin

 

[Dora_WalletInvestor]

Yes it does show their influence. But to a certain extent it also shows how volatile and easily influenced the market can be if the right people are influencing the population on crypto decisions.

I agree, it's almost scary to see how much hype and FOMO (or on the other end of the spectrum, panic) can influence so many people's financial decisions so easily.

 

[aryan4]

It experienced a nice rise to $ 0.01412, but fell a little below. There are now transactions around $ 0.0096. For some reason I cannot trust this coin very much.

 

[aryan4]

With prices around $ 0.0094, its movements seem to have slightly decreased. As far as I have watched from the Binance exchange, there are not many intense transactions.

 

[Tina500]

That is great improvement on their side. Personally I would commend their efforts increasing their worth value by 20% over a short period of time, in spite the ups and downs the world economy is facing.

 

[sagefave]

doge coin has disappointed a lot of its investors who started accumulating doge coins along other coins like ethereum and dashcoin and so many others which compared to doge are more valuable now.

 

[ipol12]

I remember that time when Elon Musk has tweeted about Dogecoin. Then I saw how Dogecoin climbed up from less than a cent to over 10 cents. I rush sold my Dogecoin but only to see it continue to go up. Lol

 

[Wisdom01]

I remember that time when Elon Musk has tweeted about Dogecoin. Then I saw how Dogecoin climbed up from less than a cent to over 10 cents. I rush sold my Dogecoin but only to see it continue to go up. Lol

good you actually rush and sell the dogecoin , because obviously it would have fallen ,many of his tweets only hypes the coin for a short time and after some time the coin starts dropping rapidly you can't rely hundred percent on his tweets

 

[ipol12]

good you actually rush and sell the dogecoin , because obviously it would have fallen ,many of his tweets only hypes the coin for a short time and after some time the coin starts dropping rapidly you can't rely hundred percent on his tweets

Yeah. Though its price doubled since I sold my Dogecoin. Maybe I have waited a bit? But it's fine. I still had a gain. It's part of being in cryptocurrency. At times, we thought it will go down so we rush selling only to see it go up again.