I like to use DOGE as a way to understand the madness of crypto speculation.
A quote from @teammoney
"Doge is a good canary alt."
DOGE has no active development as far as I understand, yet it pumps and dumps well.
I'm expecting DOGE to hit roughly 240 satoshis. I think it can break the summer high but not go for an ATH. Similar to what NXT did.
If bitcoin recovers toward 15,000 and the altcoins finish their pumps, I will probably sell half of my crypto into fiat again.
I am not going to hold everything through a bear market.
A quote from @teammoney
"Doge is a good canary alt."
DOGE has no active development as far as I understand, yet it pumps and dumps well.
I'm expecting DOGE to hit roughly 240 satoshis. I think it can break the summer high but not go for an ATH. Similar to what NXT did.
If bitcoin recovers toward 15,000 and the altcoins finish their pumps, I will probably sell half of my crypto into fiat again.
I am not going to hold everything through a bear market.