RE: The Dark Side Of The Rise Of Dogecoin
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The money pretty much shifts around to where people think they can earn money. For the most part, anyone who jumps in on the train after it has already started is just gambling. It's similar to the stock market where there is almost always sector rotation every once in a while.
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Absolutely it's not about value or fundamentals it's all about flows, try to catch the flow at the right time and exit before flows dry up and move on to the next.
It's all pump and dumping those in the know are willing to sucker in as many people as they can and profit the funny thing is they taking profits in something that continues to devalue, fiat so you have to get back in eventually or you lose so it's a constant game of hot potato