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+3 · 8 hr. ago2018 crypto dip went deeper than this. And the full bottom lasted about 4 months before recovery. That was also caused by interest rate hikes.
Worth looking at, as it's the only crypto relevant history we have for these market conditions.
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pffft, inflation "stabilized"... it's just hedge funds liquidating to cover margin calls on equities.
Not to mention the whole LUNA/TerraUSD disaster happening right now. It's dumping the whole market
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Same here my friend. We just need to hold and not look at our apps for a while.
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The whole market is crashing, dude. The CPI report this morning showed inflation is still increasing, therefore the fed will be continuing anti-inflation measures. Most big players are taking their money out of more speculative investments like cryptocurrency and technology.
Panic selling lol 2008 all over again bailouts for the rich coming soon
Which makes it a perfect time to buy. This market is based on speculation and the actual anti-inflation measures won't make a lick of difference. It's all hype. The opposite of how DOGE skyrocketed when the SNL thing was announced and then crashed when it happened. Ultimately news of bad going to happen price goes down, but when that bad actually happens, price goes up because it means the worst is behind us. News of a good thing going to happen price goes up but a good thing actually happening price goes down because that means the good thing happened and people are always disappointed the price doesn't skyrocket then. That's not how it works.
It has more to do with the stable coins propping up the crypto market and then having a stable coin collapse
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+1 · 7 hr. agoSome would call this a "bear market". I'd expect it to get worse before better. We just started rate hikes that will take months
Be prepared to be patient
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You should probably figure it out before throwing more money at it.
90% of people are more focused on pumping up crypto instead of expanding/developing it in legitimate ways
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I was there. I had 256 ETH at one point but sold. Looked back at my history and cry.
That means anyone holding right now is a gigantic idiot when they could sell today and buy 10-100x more doge down the line at no extra cost.
Luna looks so much like a pump and dump. What the hell?! In ONE DAY from 33.83 to 0.50 CENTS?! Then back to 2.36? Someone made a lot of money there.
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I have 10k doge at 26 cents at a loss of 1,600 dollars. I haven't bought in a few months because it has been demoralizing but something tells me I should keep lowering my average. Should I continue to lower my average or just wait to see how bad this recession is going to be?
.10 was an important number.. I wouldn't toss another cent into it until it shows proof of being able to recover.. this thing is going Below a nickel in no time. People in this sub like to forget that when the rest of crypto hit new ATH in October last year, doge kept dipping.. not sure this thing can be propped up any longer
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Everything is RED…. It’s scary as hell - Doge held on longer than most…. It may be a few more years but I DO believe in Doge and we are still in the beginning of Cryptocurrencies….
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But the double apex of the third open ended recovery pattern shows that if we get into a resistance based loop that there is either a + or - ratio for a sustained growth of deflationary measures.
It's a meme stock, backed by the good will of the Internet, or lack thereof.
My avg cost per share has been worked down to .19$ / share! I bought in at .43$/ share. I just hope someday I get some of it back. I was told it's a 5 year play, I just got a notification it's been a year lol
On the bright side, I just got 1k coin for 100$.
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Everything is collapsing. Just don't check doge till next year.
Once this hits below 0.05 thats when im buying back into. My first investment was 0.05 & sold at 0.18 Crypto will always crash harder than stocks during a potential recession. Cmon
where do you people live? lol what do you think is happening? we are entering another absolutely massive recession. its gonna get a lot worse before it gets better.
strap in, im not encouraging anyone to buy right now because its probably going lower than this, but youd have to be stupid... or extremely wealthy to sell right now.
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What is happening? Bad management, shrinking "not seen' econoy,
increasse pressure, pandemics, climate change >>> war,
recession, nflation >> crash. Buy assets that will exist after the
war.
I am so happy to see this, I bought in at $0.0279 and cashed out at $0.41, I always told myself if it got back down to 3 cents I would buy back in like a monster.
Bought in at .03…. Held to .78 and back…. All you can do is accept it’s on super sale and keep buying lol
Real answer, the Fed raising rates at the pace they are, the continued growth and rapid inflation are making large investors nervous. As the value of the dollar is pressured to inflate against economic rivals like China, it makes more sense to sit on your cash or take your cash out of "luxury" assets (like crypto) and put it into something more secure. Everyone with real volume is having a mass exodus from crypto into cash leaving only us retail peons holding the bag.
Don't get me wrong, I'm going to absolutely gobble up a ton of doge right now; feels like it is on sale.
Doge is taking a dump. I used idc money so I'm just chilling. Stupidly hopeful but no biggie if I lose it all.
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Inflation but I say buy more once dumba** is out of office and a Republican is in it will go up.
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Market has been inflated since Covid begin. All the newbies are pulling there monies.
It's happening. I've been waiting for this for so long. With the expectation of a market crash looming, they probably want to drop the price ultra low before buying back. I'm expecting a skyrocket.
If you believe in doge then the price doesnt matter. Take a look at it in 5 years.
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Who ever buys in now and holds will be laughing when the next doge meme wave happens
Great opportunity to buy or in my case continue to add on…👍🤙✌️😀✔️
+1 · 8 hr. agowhat do you expect??!?!!! look at the rest of the market!!!! including stock market!!!! THIS IS THE BUYING OPPORTUNITY OF A LIFETIME SIR!
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You can thank your president for this! Can we please get this clown out of office already!?
Ah yes, nothing like the totally unchecked and unmonitered spread of a very infectious disease to invigorate an economy. That would have gone swimmingly.
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You must be new around here. It’s called a bear market enjoy
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Managed to snag another few hundred doge for cheap is what happened 😎
Love it when my favorite currency is on sale.
First time I’ve bought again since when it was below 5 cents. We all gon be aight kings 🙌🏻💎
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Please tell me it will go lower, I’d like to buy again at my original price point which was 0.04.
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If this dip hasn’t made doge holders realize this coin is useless idk what will and definitely won’t feel bad about people losing their life savings on this coin. It is literally an unlimited supply coin. It will never stop creating coins because it’s programmed to never stop creating coins. There is literally nothing that has an unlimited supply that holds any sort of large value. It’s basic supply and demand. Those of you still holding will be absolute idiots to continue Diamond handing this coin and I’m going to set a reminder here specifically to come back and gleefully say I told you so in a few months when it’s worth even less.
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If you can't afford to lose it, don't invest. Stopped having pity. Suffer in panic. It was your damn choice to invest in crypto.
OP, are you in this to hit big in the next 6 months or the next 6-16 years? Are you trying to quickly profit or treating crypto as an alternative to a savings account that actually gains a good amount of interest over a long period of time?
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Bidenflation!!! The Great Joeholio has spoken... He needs your $$ for his Bunghole...📉🤪🤑
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