Showing posts with label hedge. Show all posts
Showing posts with label hedge. Show all posts

Saturday, November 23, 2024

DOGE$

 



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

Monday, August 9, 2021

Hedge Fund?

 



Some call it a joke, others an investment with a 2021 yoy return of what, >5000%. But is the attractive $DOGE a hedge or just stuck in a hedge?





Maybe both, but it's hard to hate the world's most adorable crypto.





Perhaps that's why the popular Shiba Inu faced digicoin didn't sink to oblivion since May but held at the 20 cent mark and's starting to climb, again. Let's see 30 and beyond. Run, pup, run.




Selling? Not an option. Do you remember when BTC wasn't going anywhere? I rest my case.

Hodl,

LSP