Revealed! Master this trick, and you can control the rise and fall of Dogecoin!
If you were Musk, holding 10 billion Dogecoin, plus 1 billion in spare cash to play the market, your top priority would be to help Trump achieve MAGA and become the new hero of America.
In simple terms, it’s all about preserving your 'capital'—the stocks of Tesla and SpaceX. Dogecoin is just scraps; it needs to be 'sacrificed' at critical moments, especially when facing major troubles.
This means that if Musk feels his company’s stock or political goals are in serious crisis, he will heavily sell off Dogecoin, and after selling, he can still catch it himself, profiting both ways. Because if his companies collapse, Dogecoin would be worth nothing, just back to square one.
In short, the value of Dogecoin is like an 'enhanced leverage' of Tesla, SpaceX, and PayPal. Buying Dogecoin is like buying 'debt' from Tesla, except Musk doesn’t have to pay you back. The price of Dogecoin fluctuates around this value; once you understand Tesla, you’ll master Dogecoin as well.
Now, the crypto space has become quite interesting: Bitcoin has become the 'follower' of the US stock market, almost catching up to gold’s status; Dogecoin has become the 'follower' of Tesla.
How to operate?
Simply put, if you think the Dow or Nasdaq will rise, buy Bitcoin; if you think Tesla will rise, buy Dogecoin.
However, be mindful of the risks!
Currently, the Dow, Nasdaq, and Tesla are all at high levels, with many people bearish, and there are many potential big and small risks, such as wars, tariffs, repatriations, etc. If Tesla doubles, and Dogecoin triples, if Tesla drops by 30%, Dogecoin will have to drop by 60%! Musk won’t give you a heads-up.
Whether Bitcoin rises or not has nothing to do with Dogecoin, but if Bitcoin enters a bear market, Dogecoin will definitely follow. Because a bear market in crypto means no money, no people, and no liquidity. You don’t necessarily have to buy in a bull market, but you must sell before the bull market ends, especially when Bitcoin is about to end.
