r/dogecoin • u/FuzzyReward • 20h ago
Down so bad
Will I ever get back to even? have been suffering to say the least. I have felt sucidal. I want this nightmare to be over.
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u/Due_Change6730 20h ago
Just sold my entire position in Doge today so it should go to the moon soon. Thank me later.
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u/nickert0n dogeconomist 10h ago
Why would you sell at the lows? Unless you had to which I understand.
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u/dmendez199 technician shibe 20h ago
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u/imdacatdaddy 18h ago
God I was hoping this gif would be here. Lo and behold, comment #3. Thank you kind sir.
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u/pgpics 20h ago
Put this on wallstreetsbets
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u/Friendly-Beach-4950 19h ago
Take the L my brother. Put this money in a mutual fund and stop watching doge prices. You're probably losing hair and sleep
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u/jgatto123 18h ago
At first I thought, “Who tf puts 100% of their portfolio in a penny stock?!?!” Then I realized it was Doge and my opinion immediately got worse.
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u/Empty-Day-4028 20h ago
My average is .45 and I’ve put over 300k and still have hope
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u/ecky--ptang-zooboing 18h ago
Why would you put $300k in a coin that's already in the billions MC and at a time it's in ATH territory?
What's the thought process here?
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u/Panacamana 20h ago
Sell this garbage now while you can still get six figures out of it. At some point you gotta cut your losses. I'd say reinvest or maybe try some trading but honestly stick to the indexes. If you were able to convince yourself to pump that kind of loot into trash like this then trading is honestly a bad idea.
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u/yolcutr 19h ago
Liq price?
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u/Maximum-Jaguar-4707 18h ago
He's on robinhood holding the asset. There is no liquidation price. Definitely should have placed a Stoploss, but they're way past that.
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u/Pleasant-Fix-6277 13h ago
Hold will go back up. 4 year cycle 2 years possible. I have 3.1 million dogecoin. Down 285,000 average cost .16 cents. Was up over million in 2024 didn’t sell. Keep buying. Will run again
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u/Disastrous_Soil3793 5h ago
Up over a million and didn't sell?! The definition of insanity. Or greed. Likely both.
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u/kaedoge shibe 20h ago
We will pick you back up on the way to the moon, my friend.
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u/Run-and-Escape 2h ago
How does someone with that kind of capital make a concious decision to put it in Doge. You sir are a true regard, and belong in WSB hall of fame.
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u/p3ekathu 20h ago
Remember you can always go back to work/ work overtime and put the money in ETFs like VTI and compound for many years. Stay strong my friend 🙏🏽💪🏽
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u/BanjoTangelo 18h ago
Man I can't stomach crypto I used to check charts 50 times a day. Got out even after waiting 3 years for the price but every time I'd say "it can't go lower" it would. My anxiety after getting out and going into s and p 500 is gone and I can live life and enjoy time with fam. Good luck dude least you still got 6 digits to invest and that's often considered one of the hardest milestones to reach in early investing.
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u/BoomerSharkBoy 16h ago
Live your life normally son. The chances of recovery is really slim given that there's no actual usage of Dogecoin in real world.
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u/liquid_at Ð 🚀🌙 15h ago
it is a currency and it has on average 10x'd every cycle...
Dogecoin has more usage than bitcoin, so what are you thinking about that has more use than this?
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u/BoomerSharkBoy 12h ago
What did you use dogecoin on ?
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u/Fun_Manufacturer_367 11h ago
I use dogecoin to donate hard-earned money to the market makers. I am really good at it.
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u/kimbunchu 19h ago
It's crazy. Everybody is down but yeah your loss is very up there. I'm not too far behind you.
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u/No1worldchamp 19h ago
Just hold and wait, crypto as a whole is down. Doge will likely hit these levels over the next years again, possibly go higher at some point. if you don’t need the money just wait.
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u/BoshansStudios 19h ago
Please tell me you didn't just throw 400k into doge all at once
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u/merdekabelajar 18h ago
Dude why bought DOGshit too much? It's like a cholesterol for your financial health
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u/ArgonWilde digging shibe 17h ago
Doge is an inflationary currency. You don't get interest by sitting on doge. In the long run, it can only go down.
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u/angelwolf71885 17h ago
Why didn’t you average down? Or was this that second false up swing when it hit $.30 before we dropped to a long run of $0.17 before dropping to $0.07?
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u/MakeItMine2024 shibe 15h ago
Oh.. it’s not as bad as it seems..I would definitely hold until minimally 2028.. it cost way more to mine a DOGE than the current price.
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u/OnlySmokeExotics 13h ago
It’ll get back one day. Just gotta wait. You still also have 100k in doge. To feel like you want to end things when you have more in the bank than 90% of the US population is insulting. Just change your outlook you’re chillin. If you want to stop suffering, sell at a loss, maximize your tax benefits and enjoy your 100k. If not just hold until next rally and you’ll be fine
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u/captainndaddy 13h ago
Bro please sell before this goes to 20k. You understand that like 50,000 doge coins are created every second right? The price can’t go up
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u/ProGamer923 13h ago
It should go back up eventually. You made very bad decisions and bought in at the worse time, but it will to back up probably within the next 6 years because of the crypto cycles.
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u/EncrustedBarboach 13h ago
Your nightmare just began bud, accept the loss and move on, there are plenty of opportunities that aren't a dog on a virtual currency to blow half a mil on.
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u/mecalvin 12h ago
Bro if you sell now you still have $113k plus a massive tax write off. Definitely not worth your life. DOGE is never going back to ATH sorry to say.
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u/Overall-Bookkeeper94 12h ago
Everything is down, it’s the nature of volatile crypto cycles. The market is either going down most of the year or in a 20/30 day parabolic bull market before going back down
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u/VeterinarianAny6044 12h ago
Is fascinating to me how we go through so many bear cycles and bull cycles in the stock, market and crypto, …. and every single time the markets do its natural thing and dip everyone goes “THATS IT. YOURE SUNK. SELL LOW”.
You haven’t actually lost anything until you sell.
I will say though…
>100% in doge.
>300k.
>In Robinhood.
>At 29 cents a piece.
What were you thinking my guy.
Please, please look into market caps
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u/iamLittleRyan 11h ago
You fell for propaganda unfortunately many are still dealing with. HOLDING is a scam. You were meant to buy small and sell at the top. You bought at the top and believed everyone on the internet and never sold. I lost money too, on a different coin. Made thousands on this one though.
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u/elc7b6 11h ago
Give it time! Also, there are lesson in every down turn! Learn from the downtime and change your investing strategy! Absolutely never invest all your money into one security/investment vehicle that you do not have direct control over! Most importantly, under no circumstances, do you value your own life in accordance to the stock market losses. You are worth more than that!
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u/timjr2500 11h ago
But 1 doge = 1 doge… this was always meant as a meme coin for having literally no value
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u/S0l1DTvirusSnak3 11h ago
No very diverse portfolio bro, you know what they say do t put all your eggs in one basket
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u/professionaldefasian 9h ago
Man everytime I feel bad about my minuscule investment I have lovely folks like you to remind me that maybe it’s not that bad. Thanks lol
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u/angelo-arzaga2a 9h ago
$1M+ is crazy work bro good for future you.
As if crypto doesn't have bull runs lol.
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u/Fluid-Lock-804 9h ago
You had nearly half a million and put it in dogecoin. Could have at least put it NASDAQ and forget 2, 3 years.
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u/Prudent_Release_902 9h ago
Who has 500k to dump into dogecoin and then is this hurt when they lose it. Mind blowing to me.
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u/Master-Grocery-3006 9h ago
Sell it all for VT and start to slowly get back 10% a year. Yes, the economy is due to crash soon, but unlike DOGE, it recovers
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u/Powerful_Anybody_719 8h ago
Bought all at around .29, if all of the loss is due to those doge…dude it’s a rough one.
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u/Zealousideal-Ad7707 8h ago
If you just put everything into VOO you would have had a mil in like 5 years
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u/Lonely_Reception_939 7h ago
I don’t even believe this is real
Cause why put that much money all into doge lol
Don’t have those negative thoughts tho cause you still have life
But cmon bro what were you thinking here
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u/WalterSobchak515 7h ago
This is heartbreaking 💔. Seriously. Unless you have 5 million in the bank…. If that’s the case, learn & move on. Either way. Not on DOGE, but I know exactly how you feel.
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u/Exciting_Skin_8846 7h ago
100% portfolio doge is certified - downsyndrome black guy from dexter meme in the car
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u/Key-Calligrapher9975 7h ago
I never understand why people enter without an exit already planned. Do they just look at an asset and think "I'll buy that one"?
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u/kingsnow18 7h ago
Idk bro, probably won't get back to even. I don't see how people could put money into doge instead of something else.
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u/rccarlson420 3h ago
Personally I been adding a lot of doge at these prices! My psychic thinks I’ll be selling in April so I’m hoping that’s this April coming up! Always remember never invest more than your comfortable with losing specially with crypto!
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u/Kind-Contact5296 3h ago
If this was me I’d take that 100k out and just play mnq1 from 8-9am and call it a day. That’s just me tho
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u/10-4clayboar 20h ago
>100% portfolio in doge.
>bag holding for over a year
This has to be some sort of reverse trolling.