{ "media_type": "text", "post_content": "I made 6 months salary in a month of holding doge coin. What is life?", "post_id": "6093714175da61001ea9193b", "reply_count": 35, "vote_count": 42, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

I made 6 months salary in a month of holding doge coin. What is life?

likefunnysmart
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Please do, cash it out. If it’s still unrealized don’t be silly. Cash out! I’ve been at 250K pure profit unrealized highs this past year on a few months, and didn’t cash out. Don’t get greedy :)

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Congrats though!

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That’s called diversifying your life. Good for you!

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I see you came just to flex. Mad respekt

likefunnysmart

OP you're a star! I pay my parents mortgage as well but haven't quite paid it off yet...just under $70k to go. Just need to buy more crypto 🤣

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Sorry, but until you cash out, that’s six months salary on paper. There were paper millionaires so often during the pre Tech bubble burst. This feels like a crypto bubble.

likefunny

Don’t cryptos tend to skyrocket as inflation scares people out of fiat?

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More like three, wait till you pay the transaction fees and tax on short term capita gain 🤣

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How much did you invest in doge?

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Congratulations OP

Now sell it before the upcoming crypto crash

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People have been saying this for months

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It may dump on Friday before Elon’s SNL gig... buy the rumor, sell the news

likehelpful

First, congrats on getting in at a low price and making sweet gains! Now the important part: cash out now. Doge does NOT have a fixed supply. There are 14.4 Million new dogecoins are created every single day. Bitcoin has a max supply of 21 million EVER. That means more doge are created every 2 days than the max supply of Bitcoin. Basically, it’s a meme not a real crypto project. To make it worse almost half of the coins ever minted are owned by the top 10 wallets. When one of these whales dumps - which they will - a lot of normal people new to crypto will get rekt. It’s not a matter of if, it’s a matter of when. Take your profits and get out now! TLDR; Doge = meme coin where money printer go brrrrrrr so fast it makes Jpow jealous.

smarthelpful

Make sure you retire 6 months before you were planning to.

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Did you believe in it, or did you jump on it based on the hype and were willing to risk your investment?

Good it’s paid off for you. I myself have steered clear so far and have wondered if I should’ve just jumped in too, and played with the fire. I know many who’re in the green at the moment, and in significant sums.

Hodl

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