Posts

Post TikTok Doge Challenge

avatar of @macchiata
25
@macchiata
·
0 views
·
1 min read

Apparently newbie traders are being taught the lesson. Doge's price falling off after massive shill and pump due it being on Tiktok and Jake Paul mentioning the coin to his follower. There it was, broken dreams to bring doge to the glory of 1$.

I hope new traders can learn from this simple phenomenon. That once a pump will be followed by dumps. Essentially, they will learn that buying something means we are buying from someone's bag. So for 13-15 years trader, I hope they learn this very fact. It is rather concerning when newbie enter the market. Perhaps many of you are familiar with the 20 years old who committed suicide because he saw minus in his Robin hood balance.

Trading is pretty much scary but can be rewarding. For dopamine chaser like myself, it's exciting and stimulating. However, even then I am still rather conservative with my bags. I don't really move them much nor speculate too often. I always know there's a bit of gambling soul in me and I find it rather concerning. Perhaps, I just need to learn how to rationalize and not get feeling corrupt my financial decision.

Anyway, I am gonna still hold my doge bags and wait till it goes to 70 IDR or maybe 65 since I bought at 64 IDR and there was massive dump and down to 50 IDR. So let's hold the bags.