Dogecoin POPPED. Did Elon Musk have something to do
with it? Maybe. But many (amateurs) are predicting a
$1.00 price target. I don't think that's realistic.
It's possible, but not probable.
Anyway, I turned $100 into $500 -- bought at $0.05 and
sold at $0.28. Of course there was some "wish I put in
more..." but it was an experiment to begin with. I was
skeptical. I was willing to risk no more than a hundred
on a cryptocurrency with a puny track record and no
utility. The recent surge confirms the confidence in
DOGE -- so I plan to buy again when it dips. I have a
price target of $0.40 at some point this year.
I'm still generally against the idea of trading cryptos
like stocks or currency. It's so stupid. It defeats the
purpose. Cryptocurrency was created to be an *alternative*
to centrally-run fiat currency, but now they're all pegged
to the US Dollar. Completely defeats the purpose.
But hey, it's makin' me money. For the time being...
