DOGE Bullish per BTC

2022年9月24日

If we look at the market caps of doge per btc (doge / btc), it appears the bottom is in for the altcoin, relative to btc. I believe now is the best time to accumulate while the price is between .07-.05

A price of .07 is roughly -90% from the all time high and at .05 it's -93%. I don't see the price going any lower given it's a top 10 cryptocurrency, excluding a major economic meltdown, in which case, just buy more. Ultimately I see doge at $1-$2 during the next bull run in late 2024 / early 2025 (15-40x return).

I'm aware of the unlimited coin supply and farce of the coin, but once the big names like Elon start pumping this coin it will go exponential once again, as it has every cycle.


Happy Trading.

2023年4月23日

ノート

This played out well and we're back into the accumulate zone.

However, I noticed something that has me cautious. Dogecoin was released in 2014, and is in it's 3rd crypto winter. The DOGE/BTC valuation for both of the prior winters reverted to roughly the same level, whereas today's is much higher suggesting that a true mean reversion would drag it down much further.

So I'm only entering when both the DOGE/BTC val is undervalued AND the DOGE/USD, as well, or sub .065 cents.

2023年5月16日

トレード稼働中

2023年6月12日

ノート

I have added dogecoin to my bag at .062 cents.