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Apr 12 2021 06:29pm
Is it smart to try and move my money out of Dogecoin and Tesla into something else or stick with those in the long term?
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Apr 12 2021 06:41pm
Depends what your risk tolerance is, what your goal is, and what the rest of your financial situation looks like.
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Apr 12 2021 06:48pm
Quote (Thor123422 @ Apr 12 2021 06:41pm)
Depends what your risk tolerance is, what your goal is, and what the rest of your financial situation looks like.


Risk tolerance i would say is diverse. About 30 to 40% of portfolio is considered high risk. Rest would be considered low. I would say my goal is to build a nice nest egg over the next 7 to 10 years. Financial situation is looking very good right now. Last 2 years have been great for me but i don't want to get complacent with my current situation.
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Apr 12 2021 07:00pm
Quote (EIvis @ Apr 12 2021 07:48pm)
Risk tolerance i would say is diverse. About 30 to 40% of portfolio is considered high risk. Rest would be considered low. I would say my goal is to build a nice nest egg over the next 7 to 10 years. Financial situation is looking very good right now. Last 2 years have been great for me but i don't want to get complacent with my current situation.


You should either do more research yourself, or get a real financial adviser. To decide if a particular investment is good for you would probably require a divulging a lot of information you don't want to post to the public on a forum.

If you have enough money going into retirement already, and you are willing to lose a big chunk of it, in my totally amateur opinion Doge and Tesla are fine to stay in. Tesla in particular I think is going to be some kind of industrial Apple and Amazon, where they produce a ton of high-tech products like batteries, software, and AI for a ton of companies and governments. Doge could go to zero tomorrow honestly, Nobody knows whats going to happen to crypto in 10 years.
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Apr 12 2021 07:14pm
Tesla is a solid investment... doge coin meme stock could go either way its doing well tho lol I don’t hold doge tho I only swing it I do hold Tesla though
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Apr 12 2021 07:26pm
Quote (Thor123422 @ Apr 12 2021 07:00pm)
You should either do more research yourself, or get a real financial adviser. To decide if a particular investment is good for you would probably require a divulging a lot of information you don't want to post to the public on a forum.

If you have enough money going into retirement already, and you are willing to lose a big chunk of it, in my totally amateur opinion Doge and Tesla are fine to stay in. Tesla in particular I think is going to be some kind of industrial Apple and Amazon, where they produce a ton of high-tech products like batteries, software, and AI for a ton of companies and governments. Doge could go to zero tomorrow honestly, Nobody knows whats going to happen to crypto in 10 years.


Doing tons of research. Approaching this from lots of angles. Chatting on jsp is really just a past time. Sometimes though you are able to talk to people who have good opinions or ideas. I started on june 4th with 10 shares of tesla and a little over 815k dogecoin. So far its looking great up to this point. Tesla I'm not to worried about and that will most likely just stay on unlit i get out of the market. Doge on the other hand I'm much less certain about
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Apr 12 2021 07:27pm
Quote (EIvis @ Apr 12 2021 08:26pm)
Doing tons of research. Approaching this from lots of angles. Chatting on jsp is really just a past time. Sometimes though you are able to talk to people who have good opinions or ideas. I started on june 4th with 10 shares of tesla and a little over 815k dogecoin. So far its looking great up to this point. Tesla I'm not to worried about and that will most likely just stay on unlit i get out of the market. Doge on the other hand I'm much less certain about


If you got into doge last june your looking pretty good now lol

Sell to recoup your original investment and let the profit ride :thumbsup:
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Apr 12 2021 07:28pm
Quote (BlemBlem @ Apr 12 2021 07:14pm)
Tesla is a solid investment... doge coin meme stock could go either way its doing well tho lol I don’t hold doge tho I only swing it I do hold Tesla though


Much Doge Profit crushes my Tesla profit at this point but in much less certain about Doge future so im thinking petty heavily about moving into something else
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Apr 12 2021 07:30pm
Quote (Thor123422 @ Apr 12 2021 07:27pm)
If you got into doge last june your looking pretty good now lol

Sell to recoup your original investment and let the profit ride :thumbsup:


My Doge average is .002486. I was thinking the opposite actually. Letting my original 2k ride on Doge while i put the profit into another non crypto option
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Apr 12 2021 07:57pm
Quote (EIvis @ Apr 12 2021 09:30pm)
My Doge average is .002486. I was thinking the opposite actually. Letting my original 2k ride on Doge while i put the profit into another non crypto option



I got in late with doge but have made 5-15% gains on it several times... just so many coins exist I’m shocked it’s at high as it is tbh I just keep buying and selling because I don’t have faith in it... I like to gamble and it gets lots of hype is the only reason I ever bother with it...Tesla even with the hit it took my average buy in is $383 so I’m doing well with it and I have faith in future growth
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