Not a bad suggestion considering the big run up. Silbert says that DOGE holders should move their holding over to Bitcoin.
https://cryptopotato.com/dogecoin-holders-should-convert-their-doge-to-btc-says-barry-silbert/
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Good advice. I don't see this DOGE phase continuing much longer. People are fickle and the fad will give place to something else.
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I havent followed if closely other than just headline reading and twitter watching.
You could be right its 15 minutes might be up.
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I agree and it looks like the DOGE phase is over already as I can see a big dump in the price today.
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Well I would probably do that if I had Doge since I think the risks outweigh the reward. But depending on the person they may say ETH instead.
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Yeah well the problem is that we are jilted towards DOGE since we arent buy into the idea. So to us, it is a no brainer to bail. Those who are in it have a different view. Either they are blind or they see something we do not.
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But what is their vision of Doge? Elon Musk? The new world's reserve currency?
I have no idea.
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I have no idea either. But in spite of the vision of BTC, other than SOV, what does it do? I dont believe it will ever be a currency in the traditional sense nor do I really buy into the idea of a financial system where BTC is the foundation through collaterialization. I think there will be a bunch of stuff that serves in that role.
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I would move them to stable coins and then to bitcoin when bitcoin is cheap but to each their own :)
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People are going to lose money when Doge fad is over. Because it's going to die sooner or later. Best time to jump onto other Cryptos with real value.
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That is the most likely outcome. DOGE has either a lot of people with great insight or they are going to get hung out to dry.
The later is likely but who knows, maybe there is a lot of insight there that the rest of are missing.
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Community is the king. If they start supporting a shitcoin then it will pump. Apart from that, I don't think we are missing anything.
Whoops.. we are missing the Doge Pumps. But that's okay, I am happy to miss them because there is a high risk which I cannot afford to take right now.
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