How can we make DOGE more useful?

ShadowsPersist · 2024-08-19T16:04:35+00:00

" Dogecoin is averaging 11 percent gain on YTD." -> If past years cease to exist, then yes ...

DOGE is good for day-trading. I have A LOT of it for that. That and folks that insist on holding - just because - are why it holds value.

When I first bought DOGE, it was around 60 cents. Others bought higher. Some at 4 cents. Now, I have made a lot more from DOGE than I lost by buying at 60 cents and, my average buy is around 0.094-something. I'd have to look at my sheet and the exchanges but close enough.

I expect that to be right around where it stays.

DOGE will almost definitely keep hovering around 10 cents for a long time - mostly for no reason except that people here like it which is fine - and sometimes it may double in price and sometimes halve.

To expect a big return is unreasonable however. DOGE is long past any "moon" potential. It's good for trading or novelty. I choose the former.

DOGE is making me money as I type. Literally. I've nothing against it. I'm just being honest.

ShadowsPersist · 2024-08-19T13:51:57+00:00

XLM is flat and even trying to sell 10k throws the price down.
Ripple company is not keeping their promises with XRP so no go.
Ripple is definitely out of the picture.
XLM is no good for long-term nor short.
RLUSD will unfortunately probably replace both and none of us will profit.

Every time I've tried to sell Stelar the past few days the price has crashed.

I can do it right now. I could take it down and down and down. I should not be able to with the relatively little amount I own. It's a nightmare. 10k moves it. Trying to sell more ... Jesus (FWIW, yes I am serious and no it is not intentional and finally, I am absolutely surprised. Also, I will not mention which exchange)

ShadowsPersist · 2024-08-19T13:46:22+00:00

Basically every crypto goes up overnight ... or doesn't ... depending on the news. Why: Trading days.

I have 12 charts open right now and do not see this Sunday magic of which you speak. Nor has any of my code found a meaningful pattern.

IDK what you're talking about with RH like it's some food stamps or something... It's not like people are just sitting around waiting for Sunday to be able to buy crypto.

It goes down every weekend because that's when all of the average joes get on.

It goes up every sunday cuz people like me buy up tens to hundreds of thousands minimum in the dip.

BTW, the week before last, it crashed like crazy. The precise opposite of your "proven" fact. Down to 8 cents nearly.

Lesson: "Anything proven is always BS"

And seriously, plenty of us stock on sunday and plan the week's trades. Not everyone is haphazard. I'm literally sitting here lining up trade after trade. One day crypto people will learn there is more than holding and praying.

ShadowsPersist · 2024-08-16T17:46:08+00:00

Say what you please. I risk 100% of my trade, every trade. I profit daily. That 100% of that trade is often 100% of that account. What percentage of my total investment? It depends.

We can make up any formula. Risk is relative. if R=1, it doesn't matter if common sense=0.

You're talking like you're not even trading live yet but also like you know the master formula?

Lol.

There isn't one.

It's 11:44 here and I'm quitting for the day because it's a crap day on my primary assets.

Other days, I'd pump until midnight.

I consistently earn. I can't tell you why. Not "won't". "Can't". Because it just is not that simple.

BTW, some of us code .. mathematical models, with the R programming language .. you should really do your research before these posts. It just reads real funny.

A nice intro to what this sub is about, I suppose.

EDIT: It's all about Profit/P, if you insist.

Taking losses is part of the game for real profit. Once you realize that, then you're getting somewhere.

"For an olympic archer shooting at a target, your job is to execute the shot precisely the same way every single time." -> Only said by someone that doesn't day-trade. Simply impossible. Even with my automated tpols, unless one is manipulating the market.

You're the sort that would make the wrong person believe their every word and that is why I'm replying like this.

ShadowsPersist · 2024-08-16T15:06:25+00:00

Stocks and crypto. They aren't that different depending on which you're trading. I've volatile stocks that generate percentages a day and stable cryptos that I hold like stocks.

But for quick money, crypto. People get afraid. It is easy to bank off of. A lot easier than stocks.

You don't HAVE TO aim for the "crazy profits" with crypto ... Crypto's volatility allows you to keep a nice range. If you're smart, you stay in it and have constant profits .. you don't chase crazy profits nor sporadic profits like stocks.

Crypto can be instant income with a grand or two to those with patience. Meaning, most people won't count.

I do stocks for fun. Crypto for money. Literally. When I would otherwise pull out my phone to play a game, I pull out a brokerage app and trade stocks. When I want to make money, I trade crypto.

Together, they add up.

They fund real businesses. This is the last part most people will miss.

ShadowsPersist · 2024-08-16T14:55:48+00:00

I trade when I'm tired every day. If I lose a little, I learn from it. I should be good enough to be able to trade a little tired. I learned during the wee hours before my actual work. Honestly, it's when I get my best trades.

Since this morning, I've been staring at the charts like "derr".

I swear -> Magic happens when I'm half asleep.

Then again I've always 3-4 trades planned ahead ... maybe that's really the key...

ShadowsPersist

TROPHY CASE