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The Frenzy and Tears of Dogecoin At the beginning of 2021, a Dogecoin (DOGE) was only $0.004, like an unwanted meme. Musk posted a picture of a dog on X with the caption "To the Moon," and the price instantly surged 10 times. Retail investors went crazy: taxi drivers borrowed money to go all in, college students sold their computers to buy coins, and the group shouted "diamond hands" and "to the moon." On May 8, Musk shouted "Doge is a hustle" on SNL, and the price plummeted from $0.73 to $0.3, evaporating 70% overnight. Countless people faced liquidation, filled with images of liquidations. That was not financial freedom; that was a casino. A single word from Musk can make the coin fly or bring you to zero. In the 2022 bear market, DOGE fell back to $0.05, and 99% of the "moon passengers" will never come down. Warning: There is no novice protection in the crypto world, and even the gods' calls might be a harvesting machine. Always invest only what you can afford to lose; don't bet your living expenses or emergency funds on the "next big bull run." Emotions are the biggest enemy; FOMO entering the market often leads to the funeral of the bag holders. Rationality, position sizing, and stop-loss are all essential.
Remember: the moon is far away, and gravity is strong. $DOGE
$BNB Firstly🎉🎉 congratulations to Sister Yi on officially becoming the Chief Co-Operation Officer of Binance BNB~ as expected……
Secondly, this wave of $BTC $ETH drop📉 and then rise📈 in the market was missed… but there’s nothing to regret about, right? In the crypto world, opportunities arise every day, stay calm and watch, this is a game of survival with composure 666666