Graham Stephan: DOGE will fall

The window it was checked over

DOGE closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.

What was said around it

price of dogecoin is not driven by any sort of fundamental analysis or real-world use case but instead the enthusiasm and excitement of an unsuspecting meme combined with the hope of one day making a whole bunch of money from it when you're buying dogecoin what you're really buying into is something that shouldn't be taken too seriously that's just for fun that people trust and if it winds up being something in the future then so be it but i do have to mention a word of caution that just as quickly as it could go up it can and will go back down just as people bought in gamestop at 450 a share and subsequently lost 65 of their investment people will lose money on dogecoin if they don't know what they're doing so my advice is this if you're currently holding on to dogecoin just go and ask yourself the question would you buy dogecoin at the price it's currently trading at if the answer to that is no then the question becomes why are you holding on to it because essentially you not selling is the same thing as you buying in at the price it's currently at ultimately it really just comes down to this you're either going to regret not holding onto it longer or not selling it sooner pick your

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