Why are people still DCAing / investing in Doge or Shiba ?
No hate. Neutral genuine question I’ve been asking myself this entire bear market. I completely understood why people did it in previous cycles for bigger rewards when they pump.
But they both have been hitting top 10. Both had an insane run and their market cap is still high making them one of the highest in the entire crypto world. But why? What do people expect from Shiba and Doge next bullrun?
$Binance Coin(BNB.CC$ $Bitcoin(BTC.CC$ $Ethereum(ETH.CC$ $Dogecoin(DOGE.CC$
But they both have been hitting top 10. Both had an insane run and their market cap is still high making them one of the highest in the entire crypto world. But why? What do people expect from Shiba and Doge next bullrun?
$Binance Coin(BNB.CC$ $Bitcoin(BTC.CC$ $Ethereum(ETH.CC$ $Dogecoin(DOGE.CC$
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Sg-Jin : Don’t know. I’m need more bitcoins. BlackRock can have all the shiba they want
KloningCember : they're meme coins. people love meme stocks and shit coins. it's just the modern psychology of retail investors.
besides, the question isn't "what should we expect from the next bullrun"
it's "how high will they go this time?"
cause the question isn't whether or not they'll join the next bullrun, but how much positive sentiment will follow them in the next bullrun. everything runs up in bulk markets because everything is the next big thing, or people simply don't want to miss out. people will buy buy buy.
just keep an eye on them. I'm expecting another crash soon before volatility dies. that's when the next bullrun begins.
MULN2CENT :
DipKing : $doge will be useful for purchases on Twitter now that musk owns it