Remember the adorable Peoples Coin, DOGE$? Sure you do, and some of you may have gone so far as to buy some, probably in 2021 as a kind of "stick it to the Man" gesture after the rigged election. I did, and wasted no time boosting the attractively themed Shiba currency. Boom, up the pup ran to .70+. Nice, and then fell, dismally.
A terrible, bone-chilling decline which saw a lot of people lose a lot of money, especially retail who borrowed on tight margins. Oops. But some didn't, some held onto their digital bets, and good for you if you did because DOGE$ is surging.
Yep, right up there to around .50 and currently consolidating at .43, representing what? 370% ROI YTD. Smart people bought back in when the lovable coin fell to a mind numbingly low price of .08 at the end of last year. Give yourselves a big pat on the back. The future?
Who knows, it's a wild ride and I'm looking for everyone's favorite digital currency to hit 1$ and then 10$. If and when it does, you're all invited to join me for big drinks on the terrace of the club, or perhaps we'll just have a room to ourselves or both. Till then, buy low, sell high.
Your Old Friend,
LSP
4 comments:
So, Scott Bessent, the new Treasury Secretary was backed by George Soros; so was Vivek Ramaswamy of DOGE. We all know of Musk's love for Digital Currency. Bessent was the one at Soros' firm who crashed the British Pound a few years ago. Now, with the 'State of Emergency' they've planned over the so-called 'Immigrant Invasion'---obviously that will cause some economic disruption and we'll, of course, need some way of ensuring that illegal immigrants aren't getting money under the table---so where is this obviously going? Central Bank Digital Currency, naturally, will be the 'solution' to all of our economic problems. No more inflation, no more Black Market---also no privacy and little control over our spending, but no one cares about that.
Night Wind, you follow the dot$.
But do stand by for an invite to the Club. It'll be fun, guaranteed. LL's in, btw.
The only club I'm expecting looks more like a night-stick, lol.
We must take it as it comes, NW. Vaguely on topic, perhaps we can send a few Carrier Groups to liberate the Sceptred Isle? It's not as though they're doing anything useful in and around the Gulf.
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