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  1. #821
    Go Canucks Go! lone-wolf's Avatar
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    the meme musician likes the meme coin lol
    the wild still lingered in him and the wolf in him merely slept

    Aptet aut mori

  2. #822
    Go Canucks Go! lone-wolf's Avatar
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    Quote Originally Posted by Doug_M View Post
    Maybe Elon Musk lol. Just saw an article where he proclaimed Doge to be his favourite crypto.
    Some exchange is going to list doge, partly because of Musk, jumped 20-30ish percent at the moment.
    Probably will drop back down, I'd say it's a good time to short it(I recently learned what that is) but I'm too scared of potential loses.
    the wild still lingered in him and the wolf in him merely slept

    Aptet aut mori

  3. #823
    Senior Member Doug_M's Avatar
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    Yeah it takes some confidence to short and you could end up with a big loss instead. But then again holding it forever could also result in a big loss. Iíve been holding on to some Blackberry stock for 5 years now because I initially held it too long lol.


    Sent from my iPad using Tapatalk Pro
    Dictionary of the future:
    Global Warming was a popular computer simulation game,
    where the only way to win was not to play.

  4. #824
    Go Canucks Go! lone-wolf's Avatar
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    I can only lose what I put in by holding long term, failing in a short I could lose a whole lot more than I put in
    Shorting 1000dogecoin, if it doesn't drop so I can recover over that, if the value went to $1/doge and I lost $1000.

    1000dogecoin is currently worth less than $5
    the wild still lingered in him and the wolf in him merely slept

    Aptet aut mori

  5. #825
    Member awndray's Avatar
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  6. #826
    Senior Member Doug_M's Avatar
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    lol, that's awesome. Libra/Facebook need competition. Though stablecoins don't particularly interest me personally as they are not decentralized. I'd only ever use one as a very temporary store of other crypto on an exchange.
    Dictionary of the future:
    Global Warming was a popular computer simulation game,
    where the only way to win was not to play.

  7. #827
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    Hello! Found here regarding btc usd a tool called "technicals" have you ever monitored it, can I trust it, in other words does it work?

  8. #828
    Senior Member Doug_M's Avatar
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    I don't know of a specific tool called technicals, but "technical analysis" is a method for trying to determine where a stock price is going to go. There is much debate as to whether or not it can be applied to the crypto market. Personally I don't think it can as the reasons for buy/selling crypto is quite often different than for that of stocks.
    Dictionary of the future:
    Global Warming was a popular computer simulation game,
    where the only way to win was not to play.

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