Notes About DogeCoin & BabyDogeCoin
Look at the incredible rise in dogecoin, soaring up 1,000% plus from the 3c area over a very short time (chart below was a 90-day time period on May 2 2021). Doge made an all-time high near 0.74c on May 7th just hours before Elon hosted Saturday Night Live.
On nationwide TV Elon Musk said, Dogecoin is a hustle and Elon's mother caused even more negativity by saying tomorrow is Mother's Day and she hopes Elon does not give her Dogecoin as a gift! These comments resulted in Dogecoins price quickly dropping.
FYI, Dave, the owner of this name used his decades-long technical analysis experience to earlier forecast its upcoming .73c high price level.
Ironically, all the good and bad news results in Doge being an excellent crypto market for day-trading, where high volatility and strong price moves, both up and down are good.
@webtrading tweeted on July 24 2021 that @elonmusk tweeted: What are you trying to tell me, that I can make a lot of money with Dogecoin?
Elon Musk answers: No, I'm trying to tell you that Dogecoin is money.
@webtrading tweeted: With this kind of negativity in the media is it any wonder Doge (was) in a Bear Market. Ric Edelman interview by Yahoo Finance: ...I would completely ignore Dogecoin. That's nothing more than a joke. It's a scam and it's going to be something that ends very badly.
@webtrading tweeted: @cryptodailytradesignals yes, earlier I tweeted about @ElonMusk hosting Saturday Night Live (on May 8 2021) was (IMO) in-effect to blame for starting the big Dogecoin collapse; Doge.Trading
@elonmusk tweeted: Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge, doo, doo, doo, doo, doo, Baby Doge
@webtrading tweeted: It's becoming more and more difficult to purchase Baby Doge Coin (July 2021 for Doge.Trading). Not sure why but suspect it may be due to strong demand from new BabyDoge.Army combined with fast market conditions. Anyone notice this?
@webtrading tweeted: Dogecoin traders like @livingwithluci are wondering why it's stuck in a long sideway trading range. IMO, it's likely due to some in @DogeArmy leaving and going to @BabyDoge Coin, which early in month skyrocketed in price. CoinMarketCap price had 8-0's .00000000c and then one zero goes away and price was .00000001c
@webtrading tweeted: Surprising @LivingwithLuci and @DogeArmy still love @ElonMusk by elon in-effect destroying Dogecoin bull market when it hit 0.739c just before hosting SNL in May with negative stuff; Elon's Mom said she 'hopes Elon doesn't buy her Doge as a Mothers Day gift' & Elon saying 'Doge is a hustle'
@webtrading tweeted: What are some key benefits trading at Robinhood? Both Phone & Desktop very simple to use. Charts are clear, sharp with nice colors & easy to view or study. Simple access to 7 time frames: Live, 1D, 1W, 1M, 3M, 1Y, 5Y & Equity chart. Buying Power & positions shown & a watch list.
@webtrading tweeted: Robinhood has 18-million accounts. A lot of crypto traders use RH to trade Doge, BTC, ETH & other coins. However an issue with trading cryptocurrencies on RH is there's no way to sell short (you can only buy long). That means you can only sell if you are already long! Some traders may not think about that aspect or realize it.
@webtrading tweeted: Join Robinhood and get free stock by joining Robinhood with my referral link to join the millions of customers on Robinhood. Investing plus tools you need to put your money in motion.
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