What a beautiful day! The sun shone, birds sang, the church persyns were happy and all was well with this rural slice of paradise in Texas. I even bought some of the best crypto on the market, the lovable Shiba-faced $DOGE. It wasn't hard. Simply download ANCHORUSD, get verified, link an account and off you go. Which I did.
Mission accomplished, I texted a pal:
"Just bought some Doge. Feel pretty good about it."
"I hate cryptos, but I love that dog!"
"Maybe you should buy some. It's pretty cool."
"Tell me, how much... did you buy?"
"48 bucks worth at .037."
"Phew, I thought you'd gone all in."
"Hmmmm. Maybe I should, maybe let's take this pup to the moon."
Woof. So that was fun, let's see how this dog runs, and in case you're wondering, here's my investment strategy. Analyse volume, inspect price differentials, buy the dip as opposed to eating it, and then... buy MOAR $DOGE.
Will this famously attractive crypto fly into orbit and achieve dollar status? Let's hope so, Blue's trust fund's depending on it.
Cheers,
LSP
Dog crypto has the potential to be a lot more popular than the (Harriet) Tubman Twenty. Which will be known as “Tubs”. How much is that doggy in the window? “three Tubs.”
ReplyDeleteI'm with you, LL. I don't see the Tubman Twenty getting a lot of traction, unlike the awesome Dog crypto, which will SOAR.
DeleteGood luck sir. I gotta get some.
ReplyDeleteWell, it is 7:12 am. I'm looking for GME to 'crater' to 114.00 where I will buy some for a bounce. Let's see how close I come.
Good luck, Kid! Last I looked, GME was at 137... getting there.
ReplyDeleteAnd now at around 100... buy the dip...
DeleteI did get some at 114. Didn't get the bounce I was looking for so dumped for a small loss.
ReplyDeleteLooks lke Goliath may win this battle now.
-Kid
Bob -- GME at 118 and climbing? Let's see...
DeleteWell, Dagnabbit I got shook out. It wasn't doing what I'd planned for and that combined with reading that trad restrictions were put on for a max of 20 share transactions it made me nervous so better to stop myself out.
ReplyDeleteYea, 141 now. I'll have to watch it and maybe take another shot later or in future. Not a good entry point. Looks like a little short squeeze started around 11 and now that buying pressure may be used up for now. RSI gets back well below 30 it'll get my interest again.
-Kid
Many years ago I read something about gold vs purchasing power of currency. At a certain point, an ounce of gold would, in San Francisco, buy a fine mans suit. Since gold doesn't appreciate in value, it is a benchmark for what a particular currency, in this case dollars, is worth. The current spot price for gold is around $1,845. Online you can find a lot of suits, ready made, in the $400 range. Since I don't travel in those circles, I have no idea what a wool, custom tailored suit, costs today.
ReplyDeleteInteresting...
ReplyDeleteHmmm, hovering around 90, Kid. And here's the thing, people are most def buying but the volume's low. Hmmmm. Sort ladders?
ReplyDeleteWhatev, tomorrow see's uplift or or a crash to the 20s? Or is 90 the new plateau? If so, WELL DONE TEAM.
WSF, years ago I had had a couple of suits made up by a country tailor in Oxford. They looked and still look awesome.
ReplyDeleteBut I don't fit in 'em anymore, dammit.
Old NFO, we live, apparently, in a world of lies, so any light relief is good!
ReplyDeleteGo long $DOGE
That share trading restriction has me spooked. You know the shorts don't have any restriction.
ReplyDeleteWell, I don't think it will be too long before I can hop back on my SPXL which is a 3X long play on the S&P500. Looking for some corrective action first to pull the rubber band back.
Looks like GME is dead now. It got a big short squeeze pop pre-market based on GME announcing they hired a new 'executive of e-commerce', but has been flat-lining since.
ReplyDeleteKid, SPXL might be golden, good luck!
ReplyDeleteIs GME dead? I'm not in so it's all hypothetical, but maybe 90's the new floor? If so, congrats to everyone who lifted it outta the basement and made some money. That in mind, will the holders and buyers fight their way out of the HF attack and into the clear light... of the MOON?!? Or even Mars, Volkswagon style. Good question.
Speaking of which, my $DOGE position only increases :)