Dogecoin holders regret ‘hodling’ through ATH – is there a better way?
A Reddit post asking Dogecoin holders about ‘the tale of the Great Spike of May 7th, 2021’ has gone viral.
It was on May 7th last year that Dogecoin hit the all-time high of $0.74. Many investors had only bought a few months or weeks earlier and had a return of 7,500% on their hands. The Dogecoin spike only lasted a few hours and not everyone took advantage of it.
Read these comments of people who did not sell:
- “$150k+ come and gone. Didn’t sell a single coin until well after the crash, and even then, just to buy our dog.”
- “Poor college mindset, ‘It can’t possibly fall! Hand on and ride it, pay off every loan before graduation!” – flash forward two years –
![🤡]()
. - “Had bought $500 at $0.06 cents.. Went up to over 3 grand..just sat on it..thought it would keep going..”
- “Beautiful moment could have made $23,000 but I’m still holding until this day.”
- “Bought in November of 2020, made insane amounts off of $10, didn’t sell, insane regret.”
If there’s one thing for new Dogecoin investors to learn it’s this: the window for making a great ROI on your portfolio might be just a few hours, and it comes around every 2-5 years.
But if you’re still considering buying Dogecoin at all, there’s another thing to learn. There are more ways to make money in crypto than buying low and selling high. One of these tokens – EverGrow – is adamant on becoming the no.1 passive income token in crypto.
Read up more on EverGrow here: https://evergrowegc.com/
EverGrow – $38 million in stablecoin rewards to investors
EverGrow has paid $38 million to its holders, in Binance USD (BUSD). Rewards are financed by a 14% transaction tax of which 8% is converted into BUSD and distributed to all holders’ wallets.
It’s a high tax – but here’s what happened during the bull market last year.
Anyone who bought EverGrow at the beginning of November last year would have made more than 100% ROI in stablecoin rewards. While the value of any EverGrow holding has fallen since the end of the bull market earlier this year, early investors would have still earned passive income in BUSD.
BUSD rewards have fallen as EverGrow trading volume has dropped in the bear market. But it also means you can buy EverGrow for some of the lowest prices to date – $0.00000012. Anything you buy now could earn you 100% ROI or more by the next bull market.
Even better, you don’t need to worry about selling any of it at the short all-time highs.
Read up more on EverGrow here: https://evergrowegc.com/
EverGrow set to burn to $1 price in next 20 years
A 2% cut of the 14% EverGrow tax is used to buy EverGrow from decentralised exchanges and send it to the burn address.
The mechanism destroyed 2.5% of the original EverGrow supply in the past 12 months. With more than 53% of the original supply already burned, EverGrow could burn to within range of a $1 price within the next 20 years. From just $0.00000012 today to $1 would be an incredible ROI.
This is another reason why holding EverGrow avoids the worry of constant price guessing. If you miss an opportunity, you can rest assured that in the next bull market the EverGrow supply will be even further reduced – so prices should spike higher.
Compare this with Dogecoin. DOGE is inflationary.
Every year the Dogecoin supply increases by 5 billion DOGE, which means that the Dogecoin market cap needs to keep on growing to reach the same price.
This is why EverGrow is a popular small cap cryptocurrency to diversify funds right now. EverGrow also just launched the first application sending 100% of revenue to buyback and burn – the LunaSky NFT marketplace. This is a first for crypto and could set the bar for future DeFi crypto projects.
Read up more on EverGrow here: https://evergrowegc.com/
The post Dogecoin holders regret ‘hodling’ through ATH – is there a better way? appeared first on Analytics Insight.
A Reddit post asking Dogecoin holders about ‘the tale of the Great Spike of May 7th, 2021’ has gone viral.
It was on May 7th last year that Dogecoin hit the all-time high of $0.74. Many investors had only bought a few months or weeks earlier and had a return of 7,500% on their hands. The Dogecoin spike only lasted a few hours and not everyone took advantage of it.
Read these comments of people who did not sell:
- “$150k+ come and gone. Didn’t sell a single coin until well after the crash, and even then, just to buy our dog.”
- “Poor college mindset, ‘It can’t possibly fall! Hand on and ride it, pay off every loan before graduation!” – flash forward two years –
![🤡]()
. - “Had bought $500 at $0.06 cents.. Went up to over 3 grand..just sat on it..thought it would keep going..”
- “Beautiful moment could have made $23,000 but I’m still holding until this day.”
- “Bought in November of 2020, made insane amounts off of $10, didn’t sell, insane regret.”
If there’s one thing for new Dogecoin investors to learn it’s this: the window for making a great ROI on your portfolio might be just a few hours, and it comes around every 2-5 years.
But if you’re still considering buying Dogecoin at all, there’s another thing to learn. There are more ways to make money in crypto than buying low and selling high. One of these tokens – EverGrow – is adamant on becoming the no.1 passive income token in crypto.
Read up more on EverGrow here: https://evergrowegc.com/
EverGrow – $38 million in stablecoin rewards to investors
EverGrow has paid $38 million to its holders, in Binance USD (BUSD). Rewards are financed by a 14% transaction tax of which 8% is converted into BUSD and distributed to all holders’ wallets.
It’s a high tax – but here’s what happened during the bull market last year.
Anyone who bought EverGrow at the beginning of November last year would have made more than 100% ROI in stablecoin rewards. While the value of any EverGrow holding has fallen since the end of the bull market earlier this year, early investors would have still earned passive income in BUSD.
BUSD rewards have fallen as EverGrow trading volume has dropped in the bear market. But it also means you can buy EverGrow for some of the lowest prices to date – $0.00000012. Anything you buy now could earn you 100% ROI or more by the next bull market.
Even better, you don’t need to worry about selling any of it at the short all-time highs.
Read up more on EverGrow here: https://evergrowegc.com/
EverGrow set to burn to $1 price in next 20 years
A 2% cut of the 14% EverGrow tax is used to buy EverGrow from decentralised exchanges and send it to the burn address.
The mechanism destroyed 2.5% of the original EverGrow supply in the past 12 months. With more than 53% of the original supply already burned, EverGrow could burn to within range of a $1 price within the next 20 years. From just $0.00000012 today to $1 would be an incredible ROI.
This is another reason why holding EverGrow avoids the worry of constant price guessing. If you miss an opportunity, you can rest assured that in the next bull market the EverGrow supply will be even further reduced – so prices should spike higher.
Compare this with Dogecoin. DOGE is inflationary.
Every year the Dogecoin supply increases by 5 billion DOGE, which means that the Dogecoin market cap needs to keep on growing to reach the same price.
This is why EverGrow is a popular small cap cryptocurrency to diversify funds right now. EverGrow also just launched the first application sending 100% of revenue to buyback and burn – the LunaSky NFT marketplace. This is a first for crypto and could set the bar for future DeFi crypto projects.
Read up more on EverGrow here: https://evergrowegc.com/
The post Dogecoin holders regret ‘hodling’ through ATH – is there a better way? appeared first on Analytics Insight.
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