My Grandpa taught me to hold the line.. So in his honor!

Economics and Finance Professors: NOOOO, YOU CAN'T JUST MEME A STOCK OR WORTHLESS COIN TO THE MOON! YOU HAVE TO USE FUNDAMENTALS!

Nerds: Ha ha, bank account go brrrrrrrrr

Missed out on doge. Remember seeing it at sub pennies, and thinking it was a meme that wasn’t going anywhere price wise, boy was I off.

This post was edited by obisent on Apr 16 2021 08:33am

Economic professors nowadays struggling to understand the concept of crypto in general.
I know when crypto first came out and I was talking to my economy teacher (monetising and investments university subject)
She couldn't understand the concept and kept comparing it to pyramid scheme of scams.
Disgraceful who's teaching nowadays

Economics and business departments, in the United States at least, have been bought off by big business for at least the last 10 years, probably longer. When the Kochs come in and donate 100m to your underfunded business department, and then you get a call saying "Hey, I'm not telling you to hire libertarian leaning professors, but yeah" you get the message.

Result is old kooks who don't actually understand markets and who are stuck in 1940's Austrian economics style of thinking.

Lambo when?

Hey everyone, I'm also a doge hodler but trying to stay realistic about it, my common sense says that doge can reach $1 but anything above that in 2021 is just a bubble and it needs to establish itself as a $1+ currency this year to have a chance at becoming mainstream in the coming years.

Thoughts?

Hold until it passes Bitcoin

How much you holding?

If you're holding hundreds of thousands, cash out like half, reserve 35% for the IRS, invest in something stable with good returns like an ETF to secure your future so no matter what happens down the road you're covered, and do whatever you want with the rest. Keep it in doge, or hookers and blow. Doesn't matter.

38000 coins currently.

I live in China and pay taxes in the UK/Europe.

I would like to take out my initial investment + 10% and let the rest roll until I can afford a house outright somewhere in Europe(Italy, France, Croatia).

Also married so hookers and coke won't be on my to do list, if anything, I really want a lambo at some point in my life after the house thing.

Oh okay. So a nice amount, but not something that's gonna set you up for life.

Probably just pull your initial investment plus whatever amount you want and let the rest ride. If you really think it's going to hit $1 based on memes, keep it in, if you don't, transition it to something else.