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RE: The Madness Goes On

in LeoFinance4 years ago (edited)

As always, let me preface. I bought one hundred dollars worth of Doge years ago. All I did was forget about it - not difficult to do. Then I saw that my same hundred was worth thirty thousand. I sold half - held half. Yes I am thrilled that the second half is now worth nearly $100k, but I neither bought nor risked anything but a hundred dollars. That said...

"It's not about real-life use cases or blockchain superiority or whatever, it's all about value to me." I think there is a use case. Doge is now accepted nearly everywhere and it is fast and cheap to use. It is a great alternative (for small purchases) in a world where Bitcoin has maintained a usability rating of zero. I am not sure why card companies and bill payment sites are taking Doge, but if I use it to pay a bill, the deposit request will not time out waiting on Doge like it has for years with the B coin.

You are right that Doge is very dangerous for people who think it is all that Bitcoin is under the hood. I wish it were Hive that had made it to thousands of sites. But, it didn't. I hope it still does.

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I bought one hundred dollars worth of Doge years ago. All I did was forget about it - not difficult to do. Then I saw that my same hundred was worth thirty thousand. I sold half - held half.

That is amazing, well played! Goes to show that getting them and forgetting them is the best approach by far in crypto.

I think there is a use case. Doge is now accepted nearly everywhere and it is fast and cheap to use. It is a great alternative (for small purchases) in a world where Bitcoin has maintained a usability rating of zero.

I respect that, it's definitely a token that is quick and easy to use and serves its purpose. However, I don't think this is reason enough for DOGE to be a top 4 crypto.

Regardless, it's a reliable, fast network that's been around for many years, so I believe it's reasonable that people trust DOGE.

Thanks for the support and for passing by and leaving a thoughtful response. Have a great day!

!LUV 1

Posted Using LeoFinance Beta

Hi @ezrider, you were just shared some LUV thanks to @lordneroo. Holding 10 LUV in your wallet enables you to give up to 3 LUV per day, for free. See the LUV in your wallet at https://hive-engine.com or learn about LUV at https://peakd.com/@luvshares https://ipfs.io/ipfs/QmUptF5k64xBvsQ9B6MjZo1dc2JwvXTWjWJAnyMCtWZxqM

It is worth a try. Take $10 and find a coin that is worth 0.001 (or less)
Then buy 10,000 of them. Put them under your own private key (yes, find and download the wallet).

Then do that 9 more times. The worst that could happen is you lose $100 dollars. The best is that one of them goes ballistic and you wake up one day to $100,000.

This is meant to be financial advice, take it do it and if you mess it up, come see me.

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Solid advice, truth is I've learned from the mistakes of the past and am currently chasing low cap gems, throwing in $10 - $50 and buying up hundreds of thousands or millions of tokens in order to hold them for the long haul.

Will let you know in a year or so!

Have a good one :)

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I also scored 50x on SafeMoon in 4 weeks. Still, I regret selling. I'm afraid it will keep pumping with its ever-increasing popularity.

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I sold 235k DOGE for peanuts back in the day, now it's worth more than $100k...

https://leofinance.io/@lordneroo/i-dumped-235k-doge-back-in-2015-for-peanuts

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I must admit I misunderstood your comment at first, dunno why. Maybe I'm brain-dead :P

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No, that's not how Ponzi schemes work.

You may find this helpful:

https://en.wikipedia.org/wiki/Ponzi_scheme

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