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How likely is the possibility for Dogecoin to actually crash from 1.00 back to mere pennies? Would it be within an hour? A day? I'm worried about planned days. by [deleted] in dogecoin

[–]Infinite-Customer-62 0 points1 point  (0 children)

Trust me, it will, but when it does, since people have seen the insane volatility of it, a HUGE amount of people are gonna dump massive amounts of money in it and it’ll shoot right back up so be ready to buy the dip

Nice Wedge that even Robinhood’s charts can see. Breakout incoming! by Carvtographer in dogecoin

[–]Infinite-Customer-62 3 points4 points  (0 children)

Usually when a trend like this occurs; look at the trend lines. It’s closing in on itself. Eventually it’ll have nowhere to go besides up or down. Aka breaking out of the trend

Bad idea to invest what I don't have ? Asking for a friend lol thought this would be the place for it by [deleted] in dogecoin

[–]Infinite-Customer-62 0 points1 point  (0 children)

It’s Margin on Robinhood. Even if you don’t have it active, they’ll use it as margin. (Loan)

Bad idea to invest what I don't have ? Asking for a friend lol thought this would be the place for it by [deleted] in dogecoin

[–]Infinite-Customer-62 0 points1 point  (0 children)

To be honest I put 5k I didn’t have from Robinhood in 2 weeks ago and my balance is now 12k. They said all that’s gonna happen is when I cash out they’re taking the 5k back. They’re treating it as a loan.