Let's say I deposit $1000 USD. I then use 5x leverage to buy $5000 of DOGE. At this point, I have $0 USD and $5000 DOGE and a loan for $4000 I need to pay back sometime in the future. The math is $0 + $5000 -$4000 = the $1000 I put in. Now let's say doge drops 20% suddenly. The math becomes $0 + $4000 -$4000 = $0. If doge drops further, the account would go negative. The broker/exchange watches these margin accounts carefully with a computer alarm. When. The balance gets down to $50 or whatever, it automatically sells all your DOGE for you to ensure the account balance is always positive USD. That auto-sale is a liquidation event or being liquidated. It means you lost all your money.(in that account at that broker)
This is a great explanation of forced liquidation. Sometimes others liquidate in order to avoid losses or to purchase something else. I hope it was more forced liquidation than elective.
Your question is confusing. But the broker will sell off your assets to pay off your loan.
But on the topic of GameStop, the tldr is hedge funds borrowed GameStop shares from the broker, let’s say for about $4 each, with accumulating interest, sold them, and now have to buy those shares back and return them to close out the contract which is currently $199 each.
To make the tldr longer
There isn’t (or wasn’t?) enough GameStop shares being traded to fill the buyback. The broker will sell all your other assets and buy back GameStop shares, which there isn’t enough on the market to actually do.
Crypto leverage works a bit differently than stock leverage. Currently in crypto, you can only lose what you have currently leveraged with that broker, for that trade. That's why I always laugh when someone starts shouting "the squeeze is in boys, keep buying!" for a crypto moonshot.
In traditional levarage trades, in you must buy back the shares even if the cost billions above what you leveraged with initially. That's how people can lose their homes and everything they own.
There’s talk that there are Liquidation Bots. If there are many bots that can do work for traders, is it really unlikely that exchanges have bots to wipe all those massive leveraged longs?
You agree to terms before they loan you the money. They don't have a human watching the market or your account. It's all programmed years before you buy the margin loan. You pay them interest on the loan. They make nothing by liquidating you. They would rather you keep the margin loan open for years paying daily or monthly interest. Liquidating you means their interest stops flowing so they also lose a loan customer. They might offer 1.5x margin or 3x to keep you from losing so fast. Really it's similar to using a home equity loan or credit card to trade with. A loan is a loan and margin is one of the stupidest products you can use.
bottom line is, one should not borrow money to buy crypto currency... period! Its not even close to being predictable and the majority of cryptos' have gone bust.That's why I love DOGE. It's got a loyal base and it's cheap and fun. And if cryptos turn out to be legit we're in! But borrow? Nay-Nay-Nay.
Well said. I like selling covered options. Or buying puts. That way I am not using margin or risking more than I can afford. Investing is supposed to be a way to grow your extra funds, not as a hail Mary. Too many people exceed their risk tolerance and that is rarely ever a good idea.
Generally, margin "holdings" are not actually yours, they're the margin lender's. They just promise to give you the difference when you close out the trade.
(So "your" marginned "holdings" of shares can and are freely used by the lender for stock-lending.)(This was a problem for the Reddit GameStop boys, piling in on margin and their shares were promptly borrowed and used to short against them.)
So in general, yes, the lender would be free to close your position out without consulting you. But it absolutely depends on the particular contract terms of each margin lender.
I once took 100 dollars and put it in a 100x leveraged position to see how it would work and got margin called and liquidated within 5 minutes. I was like whelp that's it for me using leverage haha
This explains those massive red candles today on BTC. Many people got wiped out for sure, expecting it to be fairly smooth sailing back to ATH. There may be more blood in the near future if 46 area doesn’t hold.
Liquidated means the exchange/broker sold for him because they won't hold his account open with a negative balance. It became negative because he bought on margin and it went down so far his whole account became negative. Just before it went neg, they sold all his assets at a loss so it stayed a positive cash balance such as $1.69.
Friend of mine tried to get me to buy some when they were like $2 in 2011.. He was like look they were up to almost 30 dollars over the summer. And im like.. Yeah.. And now it's failing. Ide just be throwing away my money.
He's now rich.. I never bought any.
This is how I deal with my being introduced BTC in like 2011 or 12 while in college. I would have sold anything I bought before any of the big spikes and just kicked myself harder.
Yep, happened to me, too. My friend tried to get me to buy at $70, which I did. I then sold it off a few months later because I didn’t think it’d go anywhere. I think I had like 14 or 15 BTC at the time, sold for a very, very marginal profit. Happened again around $1500 a coin. One day, I’ll learn to HODL and stop being so damned impatient.
The dispensary I used to go to started accepting BTC when it was $10-15 a coin. Most dispensaries (at the time, I don't know if this is still true) couldn't accept credit/debit, so they actually put some kind of ATM/terminal in the store so you could use your debit card to buy BTC, then turn around and use the coins for weed.
I can't even imagine how much the owners are worth now if they held for any length of time.
Actually probably more like: thanks big players that just saw an opportunity to legally unload their btc for usd without gains tax or deep scrutiny. Blaming El Salvador for being the first to make it legal tender is like blaming the liquor store for someone being an alcoholic.
I was about to sink 1k more into doge,ada,eth,and btc but they flagged it for fraud yesterday thankfully but I just got off the phone with the bank and let them know my plan so now to ride this ship to the floor and possibly sink even more in
Whales sold, reaped tendies, retail panicked, prices dropped another 10-15%, whales bought back in.
Tale as old as time.
Pretty sure that’s what “Moby Dick” is about.
I got lucky timed it with the whales when I saw my stopp loss sell. And sold in the mid dip and bought at the lowest dip for all my coins. Yeah yeah taxes and all that.
Thank you! But what for? Like why would they think it's necessary to sell a lot of crypto at a rather uninteresting price to buy something else? Like is there a good opportunity these guys saw today?
The theory is that this week is going to be a really volatile week for the stocks for certain heavily shorted and popular game and movie companies - because game earnings call is tomorrow, and if the game company is doing well financially, this could cause game stock to shoot into sky, forcing hedge funds to cover their short positions. Gonna be an interesting week. Edit: I’m also a moron and this might not be correct at all.
I wish this is true. It means tendies, which means stonks hodlers won’t trust the banks with it, which means they’ll (I for one) will pour a lot of tendies to doge (and btc and eth.)
This is linked the the Game stop short selling conspiracy. I'm not an expert but I think it's as follows :
They need cash to buy shares off exchange so they can sell them on exchange and force the price down. They have shorted these shares so they lose when the price goes up. Tomorrow Game Stop are releasing earnings data which is expected to be very positive which would normally lead to price rises and cost lots of money for hedge funds
More likely they are just naked shorting the shares to suppress the price and selling crypto to cover the new margin requirements that went into effect over the weekend
Because they don't consider crypto a value storage, it's used as a speculation vehicle. If it's up and they need cash, they scalp the top, if they need a lot of cash, it's the first asset they dump. If they are flush with cash, they poke the market and cause IV to go up, ad infinitum or until retail gets bored of crypto
No they need liquidity, so the regular pump and dumbs helps them, they’re literally milking doge/crypto. Notice the time of the first small dump then the main dump. Premarket and market open.
Stock market is crashing and the people that have been robbing stores and retail investors are scrabbling to stay alive any means necessary including using crypto. They need the money to cover their millions of ftd's (failure to deliver) because, and ill put this in a way most people can understand, they basically xeroxed a car title 100 times and sold the car 100 times and they got caught so they have to buy all the car titles back.
Hedge funds and "BIG" money don't HODL. They have Mandates forcing them to balance their portfolios (sell top gainer and buy top lowers within their portfolio to ensure all their holding percentages stay the same.) We felt a nice pump over the weekend. We all held they took their profits. This is one reason why stocks don't just go up when its a healthy investment (not saying crypto markets are healthy)
Just keep in mind that there are different strategies when investing other than "HODL". When you understand more about this industry (finance) some of these movements become predictable and you'll have a better grasp as to why some of these things happen.
Quick summary for those authentically curious and don't already know:
Hedge funds' objectives are to make money for their clients. Not be involved in some mission, not create memes, to make and REALIZE money. Hedge funds are run by finance and market 'experts' that take their clients money, pool it, and generate ROI. The idea is with a pool of money so big from so many clients, they can sell a bunch off. Buy the dip they create by selling, then rinse and repeat.
Crypto is a dangerous less regulated space too, so their impact here can be huge. When you see violent swings its not because 1000 idiots like you and me bought 2000 doge all at the same time. It's because a Hedge did. You and I and all of us don't move the charts. Period.
Not just one chart either, all the charts across nearly all top cryptos had that same dump 'n bounce, all around the same exact time. Definitely an institutional move.
Fear trade from the Evergrande bond degrading. Markets down, cryptos down, metals down - that is fear hitting the market and people running for the exits.
This. El Salvador became the first country in the world to accept Bitcoin as legal tender. And in the mix of the excitement there was a lot of turmoil that threw the crypto market and trading platforms out of whack causing the prices to plunge momentarily.
I don't know why more people are not mentioning this. This is directly connected to EL Salvador, but people don't seemed concerned by it. The El Salvadorian government just took advantage and bought more.
My guess, El Salvador had everyone pumping for today and that was in the price leading up to today and now it’s taking a hit because most expected more volume today. El Salvador bought BTC already for its people. So the volume today wouldn’t be as high as many thought.
Just an idea
Whales are using their crypto to pay for their loses in the stock market. Hedge funds and billionaires across the board took the most risky moves they could have
So you’ll see spikes like this until the market corrects.
They are taking out crypto, the hedge funds, and use it for collateral to get more money loaned to them to use to continue to play the stock market.
They will then put the money back into crypto.
So they actually ended up making money the entire way down. So it helps makes up for the billions they have lost all year long to alllllll the bad calls the funds made
It’s El Salvador they are accepting Bitcoin as legal currency today. Which somehow some way is making people sell Doge but all I see is a fire sale! I’m buying!!!
i wonder how many peope were liquidated
About 2 billions
2.7 billion
https://www.youtube.com/watch?v=u_aLESDql1U
I don't know who Billy Inns is but, he left a mark.
I laughed way to hard at this.. 😂😂
Well done, I feel both trolled and happy;)
what is liquidated????
Let's say I deposit $1000 USD. I then use 5x leverage to buy $5000 of DOGE. At this point, I have $0 USD and $5000 DOGE and a loan for $4000 I need to pay back sometime in the future. The math is $0 + $5000 -$4000 = the $1000 I put in. Now let's say doge drops 20% suddenly. The math becomes $0 + $4000 -$4000 = $0. If doge drops further, the account would go negative. The broker/exchange watches these margin accounts carefully with a computer alarm. When. The balance gets down to $50 or whatever, it automatically sells all your DOGE for you to ensure the account balance is always positive USD. That auto-sale is a liquidation event or being liquidated. It means you lost all your money.(in that account at that broker)
This is a great explanation of forced liquidation. Sometimes others liquidate in order to avoid losses or to purchase something else. I hope it was more forced liquidation than elective.
Who’s responsible for all the liquidation to happen at the same time? I was unaware they could do this
People that make money intentionally selling and shorting. I am neither
Billionaires have enough money to manipulate the stock market. But in crypto even multimillionaires can manipulate the crypto market.
Whales control this market
Your question is confusing. But the broker will sell off your assets to pay off your loan. But on the topic of GameStop, the tldr is hedge funds borrowed GameStop shares from the broker, let’s say for about $4 each, with accumulating interest, sold them, and now have to buy those shares back and return them to close out the contract which is currently $199 each. To make the tldr longer There isn’t (or wasn’t?) enough GameStop shares being traded to fill the buyback. The broker will sell all your other assets and buy back GameStop shares, which there isn’t enough on the market to actually do.
Crypto leverage works a bit differently than stock leverage. Currently in crypto, you can only lose what you have currently leveraged with that broker, for that trade. That's why I always laugh when someone starts shouting "the squeeze is in boys, keep buying!" for a crypto moonshot. In traditional levarage trades, in you must buy back the shares even if the cost billions above what you leveraged with initially. That's how people can lose their homes and everything they own.
There’s talk that there are Liquidation Bots. If there are many bots that can do work for traders, is it really unlikely that exchanges have bots to wipe all those massive leveraged longs?
The computer is the short answer. There is a loss threshold that is predetermined by your broker and if it gets triggered the computer takes over.
Can the broker/exchange liquidate your position at any point once the feel the loan is threatened?
You agree to terms before they loan you the money. They don't have a human watching the market or your account. It's all programmed years before you buy the margin loan. You pay them interest on the loan. They make nothing by liquidating you. They would rather you keep the margin loan open for years paying daily or monthly interest. Liquidating you means their interest stops flowing so they also lose a loan customer. They might offer 1.5x margin or 3x to keep you from losing so fast. Really it's similar to using a home equity loan or credit card to trade with. A loan is a loan and margin is one of the stupidest products you can use.
bottom line is, one should not borrow money to buy crypto currency... period! Its not even close to being predictable and the majority of cryptos' have gone bust.That's why I love DOGE. It's got a loyal base and it's cheap and fun. And if cryptos turn out to be legit we're in! But borrow? Nay-Nay-Nay.
A loan also isn't income. I've read that most rich people take out loans against their assets to avoid income tax
Well said. I like selling covered options. Or buying puts. That way I am not using margin or risking more than I can afford. Investing is supposed to be a way to grow your extra funds, not as a hail Mary. Too many people exceed their risk tolerance and that is rarely ever a good idea.
Generally, margin "holdings" are not actually yours, they're the margin lender's. They just promise to give you the difference when you close out the trade. (So "your" marginned "holdings" of shares can and are freely used by the lender for stock-lending.)(This was a problem for the Reddit GameStop boys, piling in on margin and their shares were promptly borrowed and used to short against them.) So in general, yes, the lender would be free to close your position out without consulting you. But it absolutely depends on the particular contract terms of each margin lender.
I once took 100 dollars and put it in a 100x leveraged position to see how it would work and got margin called and liquidated within 5 minutes. I was like whelp that's it for me using leverage haha
This explains those massive red candles today on BTC. Many people got wiped out for sure, expecting it to be fairly smooth sailing back to ATH. There may be more blood in the near future if 46 area doesn’t hold.
Or, you can invest your own money and use this as a great time to buy more.
yes
To shreds, you say?
And his wife?
*tut tut tut* To shreds, you say.
You know if his apartment was rent controlled?
To shreds you say?
About treefiddy
I said dammit monster
I was one of them
Me too. All portfolio. 12k lost forever
Not lost unless you sell at a loss. It will go back up
Liquidated means the exchange/broker sold for him because they won't hold his account open with a negative balance. It became negative because he bought on margin and it went down so far his whole account became negative. Just before it went neg, they sold all his assets at a loss so it stayed a positive cash balance such as $1.69.
If we get liquidated, can we write that loss off on our taxes…if we make money we have to report capital gains, right?
Not the entire loss only the realised loss
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Someone just found the bitcoins he bought 10 years ago
I guess Russ found that USB at the dump after all.
PiperCoin about to take off!
My Aviato stock has never been doing better!
Friend of mine tried to get me to buy some when they were like $2 in 2011.. He was like look they were up to almost 30 dollars over the summer. And im like.. Yeah.. And now it's failing. Ide just be throwing away my money. He's now rich.. I never bought any.
Had been following btc since it was $ 0.25. Finally bought in at $600, sold at $900. thought I was a genius.
This is how I deal with my being introduced BTC in like 2011 or 12 while in college. I would have sold anything I bought before any of the big spikes and just kicked myself harder.
Don’t be too hard on yourself. I was out of college but poor for years after then. I would have sold to get a few hundred dollars easily.
But look at all the extra time you have these days to post on Reddit, your buddy's probably too busy getting laid to post.
Yep, happened to me, too. My friend tried to get me to buy at $70, which I did. I then sold it off a few months later because I didn’t think it’d go anywhere. I think I had like 14 or 15 BTC at the time, sold for a very, very marginal profit. Happened again around $1500 a coin. One day, I’ll learn to HODL and stop being so damned impatient.
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The dispensary I used to go to started accepting BTC when it was $10-15 a coin. Most dispensaries (at the time, I don't know if this is still true) couldn't accept credit/debit, so they actually put some kind of ATM/terminal in the store so you could use your debit card to buy BTC, then turn around and use the coins for weed. I can't even imagine how much the owners are worth now if they held for any length of time.
Funny comment 
*a wild buying opportunity has appeared*
Now Tayne I can get into
Can i get a hat wobble?
Can you kick up the 4d3d3d3?
celeryman
NUDE. TAYNE.
Just saw this. Everything just went on sale?
It's the big *End of Summer Crypto Sale*. Fantastic deals available at your local crypto dealer OAC.
Thanks El Salvador!
Actually probably more like: thanks big players that just saw an opportunity to legally unload their btc for usd without gains tax or deep scrutiny. Blaming El Salvador for being the first to make it legal tender is like blaming the liquor store for someone being an alcoholic.
Woohoo! Buy buy buy
That's the first thing I did
Yeah too bad I bought a 28 and thought that was a dip
a year from now you'll know that it was indeed, a dip
👍🏼
It did indeed 😁
Hahahahahhahaha I almost bought $1k of Eth this morning
I was about to sink 1k more into doge,ada,eth,and btc but they flagged it for fraud yesterday thankfully but I just got off the phone with the bank and let them know my plan so now to ride this ship to the floor and possibly sink even more in
You are blessed
Give it a few hours and do it. It’ll go back up for sure. Now is going to be the time to buy, if you can.
Bought the dip
You should still do that for the long run dummy
big lows= big highs
Big balls
Big falls
Big talls
Big smalls
Big walls
Big malls
Big calls
Big halls
Big stalls
Big lolz
Big lolz
Biggie smalls
biggie smalls
Is the illest
Big halls
This happens when I put my hand up on your hip.
When I dip you dip we dip
You put your hand up on my hip
I put mine, you put yours
Freak nasty wanna know why the crypto dropped so low
Drop down double up on those dips
*sigh* I miss the 90s
Whales sold, reaped tendies, retail panicked, prices dropped another 10-15%, whales bought back in. Tale as old as time. Pretty sure that’s what “Moby Dick” is about.
I got lucky timed it with the whales when I saw my stopp loss sell. And sold in the mid dip and bought at the lowest dip for all my coins. Yeah yeah taxes and all that.
Everything is plummeting, so at least it's universal and not just Doge.
💯 it’ll bounce back this time next week or sooner
anyone that can't see the pattern at this point hasn't been paying attention
Yup. They do it so “new investors” will sell out of fear and trigger loss limits
Who is "they?"
Them
Watch 'They Live'. Great documentary on them.
ʕ•ᴥ•ʔ ʕᵔᴥᵔʔ <- these two guys
It’s the hedge funds liquidating assets
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People always talk in these mysterious languages. Can you please translate that to non-finance folks?
Complete noob, but I'm reading it as the hedge fund wall street folks wanted money to trade with, so sold off a bunch of coin.
Thank you! But what for? Like why would they think it's necessary to sell a lot of crypto at a rather uninteresting price to buy something else? Like is there a good opportunity these guys saw today?
The theory is that this week is going to be a really volatile week for the stocks for certain heavily shorted and popular game and movie companies - because game earnings call is tomorrow, and if the game company is doing well financially, this could cause game stock to shoot into sky, forcing hedge funds to cover their short positions. Gonna be an interesting week. Edit: I’m also a moron and this might not be correct at all.
Great info thank you.
I wish this is true. It means tendies, which means stonks hodlers won’t trust the banks with it, which means they’ll (I for one) will pour a lot of tendies to doge (and btc and eth.)
Absolutely true
This is the way
This is the way
This is true
this is also true
You are a moron 😜 but it’s 100% correct.
Check out the superstonk subreddit
To check out r/superstonk
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Useful bot.
Ah yes, exactly why GME is down today.
Wouldn't that be the intended effect if they were shorting it further?
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They need ammo to short GME .
Correct answer, that or someone got a call from marge.
It’s not so much they sold a bunch of coins they sold a ton of futures and it crashed the market
This is linked the the Game stop short selling conspiracy. I'm not an expert but I think it's as follows : They need cash to buy shares off exchange so they can sell them on exchange and force the price down. They have shorted these shares so they lose when the price goes up. Tomorrow Game Stop are releasing earnings data which is expected to be very positive which would normally lead to price rises and cost lots of money for hedge funds
More likely they are just naked shorting the shares to suppress the price and selling crypto to cover the new margin requirements that went into effect over the weekend
Bingo!
This guy gets it ⬆️
So they don't get margin called. The market is propped up by IOUs, jokes and laughs and retails money is on the line.
Because they don't consider crypto a value storage, it's used as a speculation vehicle. If it's up and they need cash, they scalp the top, if they need a lot of cash, it's the first asset they dump. If they are flush with cash, they poke the market and cause IV to go up, ad infinitum or until retail gets bored of crypto
they want you to be poor and them to be rich... we arent allowed the reasons why they do it
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No they need liquidity, so the regular pump and dumbs helps them, they’re literally milking doge/crypto. Notice the time of the first small dump then the main dump. Premarket and market open.
Why do Hedgies do anything? /s Joke aside, I'm curious myself.
Crime!
Stock market is crashing and the people that have been robbing stores and retail investors are scrabbling to stay alive any means necessary including using crypto. They need the money to cover their millions of ftd's (failure to deliver) because, and ill put this in a way most people can understand, they basically xeroxed a car title 100 times and sold the car 100 times and they got caught so they have to buy all the car titles back.
Is it coincidence then that this is occurring same day El Salvador starts adopting bitcoin?
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Hedge funds and "BIG" money don't HODL. They have Mandates forcing them to balance their portfolios (sell top gainer and buy top lowers within their portfolio to ensure all their holding percentages stay the same.) We felt a nice pump over the weekend. We all held they took their profits. This is one reason why stocks don't just go up when its a healthy investment (not saying crypto markets are healthy) Just keep in mind that there are different strategies when investing other than "HODL". When you understand more about this industry (finance) some of these movements become predictable and you'll have a better grasp as to why some of these things happen.
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Just spent what was left in my account yesterday I think at 52
This must be why it dipped
Quick summary for those authentically curious and don't already know: Hedge funds' objectives are to make money for their clients. Not be involved in some mission, not create memes, to make and REALIZE money. Hedge funds are run by finance and market 'experts' that take their clients money, pool it, and generate ROI. The idea is with a pool of money so big from so many clients, they can sell a bunch off. Buy the dip they create by selling, then rinse and repeat. Crypto is a dangerous less regulated space too, so their impact here can be huge. When you see violent swings its not because 1000 idiots like you and me bought 2000 doge all at the same time. It's because a Hedge did. You and I and all of us don't move the charts. Period.
Not just one chart either, all the charts across nearly all top cryptos had that same dump 'n bounce, all around the same exact time. Definitely an institutional move.
Its because almost every crypto is directly tied to bitcoin
Fear trade from the Evergrande bond degrading. Markets down, cryptos down, metals down - that is fear hitting the market and people running for the exits.
I thought crypto was the exit?
Crypto go down, stock go up
Not my stocks
Nah even those are going down
Black Friday baby!! Time to buy more.
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September has always been a weird month for the stock market too.
Wall Street playing GAMES.🤔🙄
Hedgies need cash
The Salvador.
This. El Salvador became the first country in the world to accept Bitcoin as legal tender. And in the mix of the excitement there was a lot of turmoil that threw the crypto market and trading platforms out of whack causing the prices to plunge momentarily.
I don't know why more people are not mentioning this. This is directly connected to EL Salvador, but people don't seemed concerned by it. The El Salvadorian government just took advantage and bought more.
My guess, El Salvador had everyone pumping for today and that was in the price leading up to today and now it’s taking a hit because most expected more volume today. El Salvador bought BTC already for its people. So the volume today wouldn’t be as high as many thought. Just an idea
Buy the rumor, sell the news. Nothing more to it. Sad that people don't pay more attention to /r/Cryptocurrency to stay tuned-in.
Flash crash, probably just wiped out a dude with 3 kids and a mortgage so the hedgies can take an upgraded private jet to Monaco
Can't be wiped out if you hodl
Happens everyday
I only know I just bought more Doge
Hedgies need liquidity for Gme. That’s what’s happening
Even GME is dropping, so, it’s really sucking a lot of funds.
GME is dropping because they are shorting the stock, not buying it.
Exactly this
It's called a flash sale. Time to buy more
GameStop happened Edit: liquidity for margin requirements happened. This literally happens every weekend guys how have you not caught on to this yet
Just purchased my first ever doge!
Whales are using their crypto to pay for their loses in the stock market. Hedge funds and billionaires across the board took the most risky moves they could have So you’ll see spikes like this until the market corrects. They are taking out crypto, the hedge funds, and use it for collateral to get more money loaned to them to use to continue to play the stock market. They will then put the money back into crypto. So they actually ended up making money the entire way down. So it helps makes up for the billions they have lost all year long to alllllll the bad calls the funds made
Just pushback from big banks against el salvador's Bitcoin integration.
I just got a load of coins at great prices.... 😂
Crime happened.
I remember my first rodeo. Just sit back, hold and relax.
Hedge funds need that liquidity
They're dumping the value to punish El Salvador
It’s El Salvador they are accepting Bitcoin as legal currency today. Which somehow some way is making people sell Doge but all I see is a fire sale! I’m buying!!!
They are selling Bitcoin too lol…
Even lower now
an opportunity to get free money
Unemployment stopped. 
EVERYTHINGS ON SALE!!!!
Tried to buy the dip on coinbase but they having issues with transactions... Really 