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Choose Crypto for Investment Carefully, Don't Be Easily Influenced by Hype.
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[QUOTE="Mika, post: 228922, member: 29399"] Last year I invested in dogecoin. When I invested in doge, I was basically influenced by the hype. I was watching dogecoin since the beginning of 2021 when it became 1 cent. When I saw the meme coin reach 68 cents, I decided to invest. I continued to watch the price and when it started dropping, I began buying the coin. I bought 50 coins when it became 37 cents. I bought 50 more when the price dropped to 31 cents. I continued buying until it reached 19 cents. I spent just about $200 to buy 400 dogecoins. Now, I was waiting for the price to improve. I started believing that the coin will become $1 and I will earn good profits. When the price did not improve, I began studying the coin and I finally understood the coin may never reach $1 because the coin was in unlimited supply and every minute 10 thousand more dogecoins were being added in the doge network. Therefore, I started selling whenever I saw a slight price improvement. Thankfully, I did not make big losses with my dogecoin investment because I sold all of my coins when the price was 25 cents. Therefore, never go with the hype. [/QUOTE]
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Choose Crypto for Investment Carefully, Don't Be Easily Influenced by Hype.
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