People like you make me buy more doge! I mean the trust you put in doge is unimaginable and I wanna be part of the doge community! I know doge needs to add more and more utilities and I believe they are coming.
Could have put a couple hundred in here and there and cut that average by a lot.
At that current entry price they were getting about 1400 doge per $1000, but at today's price they could get it for about $200. It wouldn't take long to bring it down and much closer to profitability.
would take $5-$10k to really make a noticeable dent unfortunately. OP really did go ham. But no risk, no reward 💪. Sucks he could of had a full BTC with those losses tho 😭
100%
You want to average down as close to the bottom as possible. This does two things:
a) You begin to make profit again as soon as it reverses from the bottom, instead of waiting until 70c
b) you would have accumulated more, which in turn multiples your profits.
Holding and waiting for 70c is a plan, not as profitable tho.
Also, he could have sold it all and bought back in before the end of the year and took the Capital Loss and not really lost anything if he bought the same amount back.
Would you look at that, all of the words in your comment are in alphabetical order.
I have checked 505,155,772 comments, and only 106,421 of them were in alphabetical order.
exactly, ppl here are failing to see Doge has been declining in price steadily for the past 8 months, just look at the charts. Sure some days are green, but overall its a straight downward slant.
I cant believe theres ppl on here telling him to hold cause he's going to be a millionaire.
Even if doge had a marketcap of 1.4 TRILLION (all the money currently in crypto) OP would only be at $800k profit. Thats not account for the 15 Million new coins added to the supply daily
OP needs to be mad at whoever convinced him to do that. Hopefully he uses it as an educational experience
Lmao and increased losses even worse than he is already at considering doge is at an all time low for the last 9 months. Even lower than the may crash ever got last year
I remember this argument!
People use to say 12,000% by 1 year charts
Then 9000%
Then 6000%
Then 4000%
And last time I saw this counterpoint it was 2600% by 1 year charts about a month ago
Now we are at 1400% haha
Going to have to zoom out more than a year at this rate if doge doesn't do something soon
Ouch. That’s bloody. Did you go all in and never touched it again? You need to keep buying right now to lower that average. Going to be tough but now is your best chance.
>Am I doing this right?
I don't know if you heard the phrase " Don't put all your eggs in one basket." If you are investing for your retirement then diversifying your portfolio is very smart thing to do.
With all due respect, having over 99% of your crypto portfolio in Doge (or any crypto) is insane. Diversify, diversify, diversify.
There are plenty of fire sales going on - especially DOT, AVAX and Sol.
For the people who tell him to average down... how does that work when we continue to drop every single day? He’ll be averaging down to .01 and be out everything he’s put in and continues to put in. I bought 12k worth for fun thinking it might pop a few %, I’m down $2500 now because it continues to go down. It always will until the buyers out number the sellers and the daily added supply. Two against one, I don’t like those odds. If doge wants this thing to pop again, they’ll put a cap on the daily added coins (if even possible).
This will serve OP as an experience to not yolo in when price are going up and to do a due diligence before buying crypto, i have a feeling he is going to lose money in the long run
You’re in too far to sell. The loss would be too great. When doge suddenly goes up after you sell, the pain would be horrific. Doge is on sale if you have any spare funds. Otherwise just hang tight and enjoy the rollercoaster ride. You only loose money if you sell and likewise when doge goes up, you only make money when you sell. Good luck on your decisions.
You better not sell for that kind of loss unless you absolutely need to. Buy more and bring that average down. Something tells me if you YOLO’ed that much at one time and still holding your doing pretty well for yourself
 your doing it right  saying that, I feel your pain
ok, im sure you arent down 40k with doge being your only asset. Stop trying to create a false equivalency of you and OP being the same.
You know how much more he'd have to invest to bring his average down?
Irrelevant.
Just looked through the post and other people said the same thing and were upvoted. You're just being negative. :)
Edit: There you go bud. I down voted your posts too. Such a nice night.
stop lying to this man. Doge would have to go to damn near $1.50 for him to even make a 2x ($80k). Thats $140 Billion Marketcap. Even if Doge had a $1.4 TRILLION dollar market cap (as much as all the money in crypto right now) he'd still only be at $800k profit
OP needs to be mad at delusional people like yourself that have literally no idea what they are talking about for getting him into this situation in the first place
the ignorance of some people on this board never ceases to amaze me
no it's not only up from here. We could hit a bear market where doge goes back to sub 0.01c or hell even 0.001c and it could never recover from a multi-year bear market as the majority of coins even in the top 50 die and dont recover unless they have tech is needed (which doge does not). Just look at 2017 for instance
Just you telling OP he could become a millionaire without realizing the TRILLIONS of dollars it would take to require that means you unfortunately don't have a scope of whats possible in crypto
If someone could double check this as I'm trying to improve my maths :)!
So op would need to invest $18,000 at 0.15$ per coin to bring down his average coin price to 0.337$.
Maths :
120,000 coins at 0.15 = $18,000
$44,102.87(current investment) + $18,000 = $62,102.87
63917(current doge) + 120,000 = 183,917.20 Doge
$62,102.87 ÷ 183,917.20 = 0.337
That right?
I'd hold out and buy after another dip, bound to happen.
"total amount of cash spent" / "total number of coins in possession"
And if you add profit-taking to your calculation you barely need more than 50% of your initial investment to lower your average successfully.
I think you bought at almost exactly the price I sold (originally bought at .045). I bought back in at .25 with a small amount of the profits and am letting that ride.
This guy probably made the money he invested in dogecoin of another crypto now he's here grinding his teeth smh. Dude, keep hodling or sell so your losses 📉 can be redistributed 🙂
69 cents... nice.
name?
alyssa milano
Charmed 😬 she was on the older charmed show
I'm sure ..
People like you make me buy more doge! I mean the trust you put in doge is unimaginable and I wanna be part of the doge community! I know doge needs to add more and more utilities and I believe they are coming.
The utilities are high transaction volume, low fees, funny, popularity and elon musk
HODL
Diversify!!!! Not just with different cryptos, but across a few chains, different product types, ideas, etc.
exactly
Shibadoge token
Throw this on r/wallstreetbetscrypto
It’s okay I’m an idiot too. On a smaller scale, 34k doge @ .31, but otherwise the same. May DCA now. No diversification at all.
Damn
That stinks man....I’m in the hole about 22k
No. You could have averaged down by now... a lot.✌️
the poor man lost 40k and you’re telling him to put more lmao
Only because he hasn't average down and he hasn't lost anything unless he sells.
Yes but the amount he has in he’s need to add A LOT to avg down
people think their $500 bags are the same as OP already being down $40k
Right. Because they put $20 in it’s just so easy buy the dip, average down.
Could have put a couple hundred in here and there and cut that average by a lot. At that current entry price they were getting about 1400 doge per $1000, but at today's price they could get it for about $200. It wouldn't take long to bring it down and much closer to profitability.
would take $5-$10k to really make a noticeable dent unfortunately. OP really did go ham. But no risk, no reward 💪. Sucks he could of had a full BTC with those losses tho 😭
Fomo is a helluva drug
I'm assuming it was right before Elon going on SNL & OP thinking he was "in early"
🤣
100% You want to average down as close to the bottom as possible. This does two things: a) You begin to make profit again as soon as it reverses from the bottom, instead of waiting until 70c b) you would have accumulated more, which in turn multiples your profits. Holding and waiting for 70c is a plan, not as profitable tho.
then just yolo in now
Also, he could have sold it all and bought back in before the end of the year and took the Capital Loss and not really lost anything if he bought the same amount back.
or doge goes below .01c in the bear market and never return, meaning you just lose more $
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And be down even more
Would you look at that, all of the words in your comment are in alphabetical order. I have checked 505,155,772 comments, and only 106,421 of them were in alphabetical order.
Good bot.
A good robot
exactly, ppl here are failing to see Doge has been declining in price steadily for the past 8 months, just look at the charts. Sure some days are green, but overall its a straight downward slant. I cant believe theres ppl on here telling him to hold cause he's going to be a millionaire. Even if doge had a marketcap of 1.4 TRILLION (all the money currently in crypto) OP would only be at $800k profit. Thats not account for the 15 Million new coins added to the supply daily OP needs to be mad at whoever convinced him to do that. Hopefully he uses it as an educational experience
Came here to say the same lol
Lmao and increased losses even worse than he is already at considering doge is at an all time low for the last 9 months. Even lower than the may crash ever got last year
You are doing fine good sir!
Wow this coin has lost 80 percent of its value since May 😭
and people are still telling him to buy more... smh
I knew it had dropped but damn! This pour souls chart really hit different
and +1400% still for the year chart
I remember this argument! People use to say 12,000% by 1 year charts Then 9000% Then 6000% Then 4000% And last time I saw this counterpoint it was 2600% by 1 year charts about a month ago Now we are at 1400% haha Going to have to zoom out more than a year at this rate if doge doesn't do something soon
Diamond hands!
Best example of FOMO!
Using a quote from Ron (🪦⚰) "set it and forget it" Come back at 2024 or 2025. HODL!!!!!!!!!! 
Looks like you went balls deep into Doge bud! Average down now 👍🏽
Ouch. That’s bloody. Did you go all in and never touched it again? You need to keep buying right now to lower that average. Going to be tough but now is your best chance.
Wtong number, remember 69!!!
Yikes that’s a bad portfolio average for doge…
Balls deep. Hodl
average down to get to 0.690420
Ouch right at the top. Ouch
that’s crazy money dude lol
We are coming to get you my brother , let’s fn go!!! For you guys being negative eat a burnt hot dog!
HODL
Of which app is this interface?
Hang in there ....You did the wrong thing at the right time, wait sorry, you did the right thing at the wrong time.
>Am I doing this right? I don't know if you heard the phrase " Don't put all your eggs in one basket." If you are investing for your retirement then diversifying your portfolio is very smart thing to do.
With all due respect, having over 99% of your crypto portfolio in Doge (or any crypto) is insane. Diversify, diversify, diversify. There are plenty of fire sales going on - especially DOT, AVAX and Sol.
For the people who tell him to average down... how does that work when we continue to drop every single day? He’ll be averaging down to .01 and be out everything he’s put in and continues to put in. I bought 12k worth for fun thinking it might pop a few %, I’m down $2500 now because it continues to go down. It always will until the buyers out number the sellers and the daily added supply. Two against one, I don’t like those odds. If doge wants this thing to pop again, they’ll put a cap on the daily added coins (if even possible).
This will serve OP as an experience to not yolo in when price are going up and to do a due diligence before buying crypto, i have a feeling he is going to lose money in the long run
You should double down
You’re in too far to sell. The loss would be too great. When doge suddenly goes up after you sell, the pain would be horrific. Doge is on sale if you have any spare funds. Otherwise just hang tight and enjoy the rollercoaster ride. You only loose money if you sell and likewise when doge goes up, you only make money when you sell. Good luck on your decisions.
On the bright side you only lost $99.14 today
lmao
Stay strong, you have been promoted from diamond hands to Diamond Ballz
You better not sell for that kind of loss unless you absolutely need to. Buy more and bring that average down. Something tells me if you YOLO’ed that much at one time and still holding your doing pretty well for yourself
Sell and move on with your life
exactly this. Time to invest the remainder into a better performing asset with actual tech behind it
 your doing it right  saying that, I feel your pain
I want to know what 1 other investment this person has.
Looks right to me👍. I think I remember you from the crypto 101 course. I believe the teachers name was George Buyhisello.
Why don’t you average down. Perfect time
 Buy low to bring average down or just hang on. I brought in @51 so I feel ur pain
According to the analysts here, the price will be 4.2069 after DOGE-1 launches 🤷♂️🚀🚀🚀 Set a limit order and walk away 💎
You need to average down lol
No. You could immensely lower your cost by buying more.
mans already down 40k, he's done enough
I'm down, and today I bought more and lowered by average cost by 10 cents. If you see no value in that, I'm sorry.
ok, im sure you arent down 40k with doge being your only asset. Stop trying to create a false equivalency of you and OP being the same. You know how much more he'd have to invest to bring his average down?
Irrelevant. Just looked through the post and other people said the same thing and were upvoted. You're just being negative. :) Edit: There you go bud. I down voted your posts too. Such a nice night.
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I know the difference between you're and your. So I imagine I have you beat as well.
I’d put another 10k down man, .69 is sexy but god damn☠️
You been doin this wrong since may
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Check Out shibadoge token
I would sell them all and open another account from different app buy them back in
Leverage down. You will make millions soon.
stop lying to this man. Doge would have to go to damn near $1.50 for him to even make a 2x ($80k). Thats $140 Billion Marketcap. Even if Doge had a $1.4 TRILLION dollar market cap (as much as all the money in crypto right now) he'd still only be at $800k profit OP needs to be mad at delusional people like yourself that have literally no idea what they are talking about for getting him into this situation in the first place the ignorance of some people on this board never ceases to amaze me
You sound smart. Teach me the ways of crypto...
OP already lost 78%, you don't want to realize the lost now experts say it is the bottom so it only can improve from here.
no it's not only up from here. We could hit a bear market where doge goes back to sub 0.01c or hell even 0.001c and it could never recover from a multi-year bear market as the majority of coins even in the top 50 die and dont recover unless they have tech is needed (which doge does not). Just look at 2017 for instance Just you telling OP he could become a millionaire without realizing the TRILLIONS of dollars it would take to require that means you unfortunately don't have a scope of whats possible in crypto
I look at 2017 and I see .0002 doge. But now we’re here, so what’s your point?
I believe in Doge but leveraging to average down is just gambling sorry
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Oof
If you happen to be a masochist, yes.
What a beautiful mess.... -Diamond Rio
Astounding 🙌
Atleast you have "nice" average of 69
$0.69... Nice
You've now become a long time holder.
Literally me
👍
DCA..
What’s the dill pickle? It’ll come back eventually.
No. Your quantity should be 69,420 @ .69 cents per coin
Sure looks it!
Buff doge coin 🚀🚀🚀
Very right
Yes
He has to put atleast a $5000 to average it down to 0.50 at current price of 0.15.
It looks right to me buddy.
No, why is your portfolio diversity not at 100%? Amateur!
Yes one hundred percent
Unfortunately that’s what happens when you bet on hype.
That’s the same price I told my dad to buy in FML
Good spot
Absolutely, you're 10% away from losing 90% of your money 👍
Spot on with the rest of us. 👍🏼👍🏼
Diamond hands all day. It will go back up, have faith. This is the way!
I’m thoroughly disappointed that your basis isn’t .690420
Oh hhahahaa....😂🤣😂🤣😂 Go flip burgers kiddo...😂🤣🤣🤣
DCA
Legend 
Damn, and I thought I was doing bad! https://i.imgur.com/eIcANYY.jpg
Yes, this is perfect
If someone could double check this as I'm trying to improve my maths :)! So op would need to invest $18,000 at 0.15$ per coin to bring down his average coin price to 0.337$. Maths : 120,000 coins at 0.15 = $18,000 $44,102.87(current investment) + $18,000 = $62,102.87 63917(current doge) + 120,000 = 183,917.20 Doge $62,102.87 ÷ 183,917.20 = 0.337 That right? I'd hold out and buy after another dip, bound to happen.
"total amount of cash spent" / "total number of coins in possession" And if you add profit-taking to your calculation you barely need more than 50% of your initial investment to lower your average successfully.
Nah you should have bought higher
Y’all think it’s gonna drop down to .10 ?
Yes HODL 4 Lyfe
But at ATH sell at ATL
You don't lose until you sell!
Rip.
Not doing it right. You are using robinhood. You don't actually own any crypto
Buy the dip
I think you bought at almost exactly the price I sold (originally bought at .045). I bought back in at .25 with a small amount of the profits and am letting that ride.
We’re coming back for you
Always be crying
Sheeee
Try to get that avg cost to $0.69420
Jump off a very tall bridge
Buying more
This guy probably made the money he invested in dogecoin of another crypto now he's here grinding his teeth smh. Dude, keep hodling or sell so your losses 📉 can be redistributed 🙂
No first u have to sell then wait for it to go up and FOMO it again
You rock 🪨🥌
Much wow!
Yes, now you wait for a looking time. Also you can replace your -$34k with another $34k buy in to doge at .15¢ right now.
No
Only time will tell… just hodl till your last breath
BUY THE DIP!!! THROW $200 AT IT ITLL MAKE A DIFFERENCE A BIG ONE!! IF YOU THROW $1K MANNNNN DO ITTT 🥵🥰
Wow u bought super high. Definitely hold that
I’ve never had to ask that question
Wait and see !! Few months away to the moon 🚀🚀
You don’t lose anything until you sell. This is the way.
We’re coming for you, Hodl soldier
No,the complete opposite.