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DOGE Spike Strategy


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  #1 (permalink)
cmelody
Zaanstad, Netherlands
 
Posts: 21 since May 2023
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I was thinking of trying this strategy , wanted to get other people's thoughts or opinions if they have experience with it. Anyway, since Musk owns twitter, every now and then he'll say something about DOGE or put a puppy logo on the site, when that happens the cost of DOGE spikes.

So, looking recently it looks like DOGE has been somewhat stable for at least a little bit with price moving horizontally. Do you think this would be a good strategy to buy some DOGE now, wait for a spike when Musk says something about it and then make money off it? Could this work well, or is it too risky? Thanks.

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  #2 (permalink)
 
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 DavidHP 
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Musk recently said:
"Don't bet the farm on DOGE".

Deciding to invest with your criteria seems risky. Only use excess funds if that is your edge.

FWIW

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Last Updated on May 24, 2023


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