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Topic: Dodo token a good buy for long term hold? (Read 319 times)

member
Activity: 564
Merit: 50
April 02, 2022, 01:23:40 PM
#46
Isnt then every altcoin can be counted as a good long term investment? Buy and wait until you get profit? I am against calling a good long term investment, because the project is not unique. I would understand if a project offer smth new, then there is use waiting and holding. But that is another swap.
legendary
Activity: 3108
Merit: 1029
Good token listed on major exchange site as well but lack of users. The potential looks so big as this is also a cross chain swap platform. i just wanna call this for long term if you can be patient waiting for next years from now but if you cant then remove this from your list of assets thst worth to buy. i dont know why the volume must be divided. i do know that this swap service operated in some big blockchains but it must not be separated on cmc.
legendary
Activity: 3318
Merit: 1128
every coin or token that decline in price are bad? Just because DODO failed to reach its ATH for now doesn't mean its the end for this dex platform, this dex is still new and their long term plan isn't bad at all, with constant updates they will get better.
I don't say DODO is a bad project, please read carefully...
What I mean is, in the long term I prefer to hold governance tokens that have faster growth.
Check top DEX on Coingecko
I can say it for you, dodo is a bad token. There are things in life where I know where to draw the line and when a project has "creators" that are still active and making it centralized and with absolutely no governance by the people, that means that we are basically investing into someone's money.

I could create my own token, why not invest into that? We could all get together and buy my token, let's do that! Of course, we won't, why would you do that, that is the same for dodo token for me. Some X person created their own money and asked everyone to invest into it, which makes zero sense at all. This is why I wouldn't invest into dodo token at all.
full member
Activity: 854
Merit: 130
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy or what do you think?
Checking the token chart I discovered the token is not a good token to hold as its price can easily be pumped with a high possibility of a team making an exit scam at any moment, I don't have faith in a token that once rises to as high as $7 and then after few weeks in now trading below $1 and no signs of recovery soon.

Just be wise and choose carefully don't hold for long but if the market is highly volatile then kt is best for holding.
hero member
Activity: 1680
Merit: 506
Trphy.io
From the start DODO coin does look good, from the price of $0.062 it has touched the price of $8.5, if you look at today's prices and supply, I hesitate to say in the future dodo is a good coin to invest.
If you look at the price developments and the Dodo Dex that has been running, the potential has not been lost and will still be there for the future although some people still doubt Dodo because there are more other Dex that are better at this time, but in general Dodo is still very good also at this time

Quote
But if dodo's team and founders work harder and earn the trust of investors, to reach a price like they once was $8 is very likely, for that from my point of view the team is less than excited for it.
For the spirit may still be there, it's just that the consistency has decreased so they don't look like hard workers who are always trying to build every product they already have at this point.
member
Activity: 790
Merit: 44
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
From the start DODO coin does look good, from the price of $0.062 it has touched the price of $8.5, if you look at today's prices and supply, I hesitate to say in the future dodo is a good coin to invest.

But if dodo's team and founders work harder and earn the trust of investors, to reach a price like they once was $8 is very likely, for that from my point of view the team is less than excited for it.
sr. member
Activity: 2016
Merit: 283
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
probably yes it's a good time to buy now while the price is at the very low level and infact its up now by 12%,  but a friendly reminder mate dont expect too much in it, i mean don't wait for it to reach the ATH and you keep holding for long term because since it's an alts i could say it's not reliable to hold and quite skeptical for long term..

Make technical analysis and set a target, probably that would be a great idea to don't miss the opportunity to sell at the right time. Just be practical!
sr. member
Activity: 520
Merit: 250
KUWA.ai
I don't say DODO is a bad project, please read carefully...
What I mean is, in the long term I prefer to hold governance tokens that have faster growth.
Check top DEX on Coingecko
In general, a lot of bad things and the project is going on now, but if to choose a token whose exchange is Dex, I think there are still many with the same.
And obviously for now I personally prefer Uniswap, Pancakeswap and Biswap because the three of them clearly have very good ratings for now.
hero member
Activity: 3052
Merit: 685
Looking at the current price, this is really an opportunity.

DYOR, if you believe that this project will recover and would create its ATH, then why not risk buying at the current price.
You know, no one could tell what the future of the project will be, we all take risk but make sure it's a calculated risk.
sr. member
Activity: 2422
Merit: 264
Vave.com - Crypto Casino
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So every coin or token that decline in price are bad? Just because DODO failed to reach its ATH for now doesn't mean its the end for this dex platform, this dex is still new and their long term plan isn't bad at all, with constant updates they will get better.

I don't say DODO is a bad project, please read carefully...
What I mean is, in the long term I prefer to hold governance tokens that have faster growth.
Check top DEX on Coingecko
sr. member
Activity: 1610
Merit: 294
www.licx.io
In my opinion, To enter Dodo at the price you mentioned above, why not, you can get Dodo at a discounted price, but if you look at current market conditions, alt coin fundamentals no matter how good the price is destroyed when bitcoin falls and those who hold it are sad to see it. So it's important to do a little study and review for Dodo or others if you want to invest, so you don't run out of time.
fvb
member
Activity: 1470
Merit: 13
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
I think that with the growth of the market, the price of this token will also grow, and now you can invest, for example, five hundred dollars for verification. After all, if he gives three x, you can already feel the profit. But this is my opinion and the choice is still yours. So it's up to everyone to invest or not. Another thing is that there are more popular platforms and they look more attractive than the one you presented.
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
You can buy it now and hold it for some time but no one will know if Dodo token is a good one to hold for the long term.
Instead of holding Dodo token, you can buy and hold bitcoin for the long term and that is the best coin ever you can buy right now.
But if you consider Dodo token is now at a low price, you can consider taking a look at CRO or other low price coins.
But all coins on the market will have their risk, even bitcoin.
So you need to think about that before investing in any coins.
hero member
Activity: 2366
Merit: 838
DODO is a good token to hold because it is a good DEX. Trading volume is good which is over $250,000. In addition, today price is 1/10 of its all time high. Even $DODO price today is over 18% increase from yesterday price.

x2 or x3 from today price is very possible, in mid term. Will $DODO return to its all time high, I believe it will but don't know when.
member
Activity: 1204
Merit: 11
As we can see this token is losing its value from its beginning which obviously indicates its poor performance although dodo is available to trade on some big exchanges that's why it's still surviving in the market personally I don't prefer to invest in this token because somewhere I think its unpredictable future may be worthless so it's better to avoid this shit token which doesn't seem to have a bright future whatsoever.
hero member
Activity: 1960
Merit: 537
Leading Crypto Sports Betting & Casino Platform
I invested in Dodo Token for almost a year and will continue to hold it until the profit target that I target is achieved, there is no doubt that Dodo token is a fast growing token and is supported by DEX itself so that it will continue to grow like a Pancake swap, and happy because today Dodo rose more than 18%.

Look at the current chart of DODO trading at $0.6 and the old ATH of DODO is 7$. IMO, this is the right time for us to buy DODO, my short term target is $0.9 and long term target is $1.5. This is a potential and investable token, but always invest with the amount you are willing to lose and absolutely do not go all in.

sr. member
Activity: 1484
Merit: 254
I invested in Dodo Token for almost a year and will continue to hold it until the profit target that I target is achieved, there is no doubt that Dodo token is a fast growing token and is supported by DEX itself so that it will continue to grow like a Pancake swap, and happy because today Dodo rose more than 18%.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I have to say if you are looking for long term investment, then it is better to invest into top coins and tokens. I do not find things that are outside of top 10 or max top 20 to be long term great and probably even half of those as well. It just doesn't make sense to me to invest a good chunk of money for long term (meaning many years) on something called "dodo token", I mean isn't it obvious that it would not be a long term project?

Hence, we are looking for something a lot more decent these days, doesn't mean that it can't go up at all, there is always a chance that it could be higher in the long run but does it really worth the risk? I do not believe so.
full member
Activity: 1190
Merit: 105
PredX - AI-Powered Prediction Market
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
I am not too interested in this coin, but in general, the ecosystem it is creating is quite good. Looking at its value, I am not sure when ATH will be confirmed. What? If we can understand more about its plans in the near future, I think we will have a more objective view in general. Currently, all developments are still dependent on the status of BTC.
member
Activity: 564
Merit: 50
It was always a mystery to me why someone that creates or develops something that was already created. We have Univswap. OK, they are Ethereum oriented. We have pancakeswap, they are best solution for BSC token swaps. And we have dodo, that users will use for. Users wont use it, they will use top swaps instead of dodo. Or do you think I am wrong? They why all exchanges fail, when we have Binance?
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