Firstly, I should mention that I am not a pro trader of any kind. I do not offer advice on what crypto to buy or sell. These are just my thoughts and experiences with what works for me.

I use crypto.com to buy, sell and trade my cryptocurrencies, and I hold a number of different coins and tokens to pad out my portfolio. There are other options out there for you to trade, it's just that crypto.com works for me.

I'd bought dogecoin as a joke a few years back when it was dirt cheap and still not mainstream. Then Elon Musk came along and was pushing the memecoin quite hard and it price rose and rose to a peak of $0.74. Unfortunately I sold out when it was around $0.50. It was enough profit for me back then.

The price has been falling steadily for quite some time and I bought back into it about a month or so ago. Not for any particular reason, just the thought that I might be missing out on it becoming big. And, to my surprise, the price started going up and up. Mainly I'm guessing, because of Elon Musk's purchase of Twitter. I was bewildered to see it jump up some 29% and was thinking "is this it? Is this the moment we go to the moon?".

Alas, the price has fallen back down quite dramatically, but I resisted the urge to sell, sell, sell. In my mind, I truly believe that dogecoin will be integrated into Twitter in some shape or form. Elon could make it the defacto payment method for individuals to use, or make it a payment option at least. It's certainly worth, in my opinion, to increase my holdings in dogecoin.

Will you be doing the same? I'd love to hear your thoughts on this.

Photo by Rūdolfs Klintsons