Quote Originally Posted by superbeets: @cd329 It may make you another 2x to 5x. Look at the market cap. A simple way to think about it would be it would have to double to 5x that 80 billion cap. That’s how you make money. So I would say that 1900 will double in next 4-5months. Maybe better but not much more ..but I’m not financial advisor. I’m just a realist. I don’t get into hype. Only way a coin goes up is if market cap goes up basically. Yeah there are market makers etc but it all boils down to market cap and coins available. Thanks for the info, as i know very little about this stuff, so i appreciate your knowledge on this subject I still kick myself and have nightmares for not buying bitcoin when it was 12.00 dollars a coin. I think it was Vanzack that had said buy it, but i didnt listen. Why didnt i just buy 100 damn coins
you and me both. I tell him all the time in these kind of threads that I get PTSD from that man. I wish I could erase (not really) it but it’s like a mythical thing now. It could of literally made you a millionaire if not a billionaire with the money we spend on sports betting
as for Doge , my whole point of this thread was for stuff like this. People ( not talking about you ) get on YouTube and believe these “influencers” that say it’s going to $10 and $100 and all this crap. It’s not realistic. Just take a look at the market cap. I said $80 billion last night but it’s like 66-68 billion. I don’t follow doge a bunch. I have some coins but it’s not a big influence on my wallets. It would have to double that to double price ( as I said last night that’s not 100% of it because of market makers but it’s the majority of it )..Unless they burned coins. So it would take another 60plus billion not million to 2x it and then so on for the 3x and 4x ..etc.. So you see where I’m being a realist
I will say this though , DOGE is the wild card of crypto. It has the hype of a Elon tweet and them accepting it at Tesla corp.. no one knows how that will be impacted with his new government role. Because 60 plus billion is a ton to us but it’s nothing in crypto .. so it has the “potential” to go absolute nuts if the right cards fall in place .. but again no one knows what kind of regulations Elon will have on him with new role. He may not ever be able to tweet about crypto again. Who knows ???
just friendly advice , Hold on to it through this bull run and make a determination after 1st or 2nd quarter 2025. Use CoinMarketCap and dexscreener to check on it .. both sites are easy to use. If you have any questions , just ask. I’m not genius on all this but I had to learn the hard way with it all. I got screwed out of so many thousands when I first started because I had no one to ask. 2017-2018 was still kinda early in it so I had to learn the “hard way”.
But best piece of advice I give to everyone. Do what you want to do .. listen to your gut and don’t let anyone influence you !! Because at the end of day , you are the only person that has to live in your house with the financial responsibility..