Some reasons not to panic about DOGE today

Posted in /r/dogecoin as well. I think more people need to hear it there than here, but all the same:

So much hopium around these parts lately. And so much panic and misunderstanding.

Here are some of the reasons Doge is down:

1. We've just had a week long pump which had us in 100+% gains from the week before. We need a breather. Line doesn't always go up. Line doesn't always go down. Line always goes right.

2. Coindesk publishes article stating twitter has put the brakes on their crypto wallet project: https://www.coindesk.com/business/2022/11/04/twitter-halts-work-on-crypto-wallet-report-dogecoin-drops-4/

This does not mean no Doge on Twitter. This means there may be a plan to implement that and more or there may not. Twitter will be changing. Whatever was in the works was probably not headed in a direction that gelled with whatever the new plan is if there is one. This is probably not a reason to worry.

1. The macro FUCKING SUCKS.

2. Elon didn't tweet today.

Not a shill. Not even a particularly large bag holder. Don't fomo. Don't buy the pump. DYOR. Do MORE research and stop licking Elon's toes. None of this is financial advise.

Just can't stand to see people losing their minds and pulling their hair out because we slid a little bit after a 100% pump during the worst financial situation in recent memory.

Don't panic. Relax. Close robinhood. Go to sleep.