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Topic: Does Dogecoin still worth to invest? - page 7. (Read 1083 times)

legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
April 24, 2021, 11:30:24 AM
#26
the thing I was most afraid of was that the price of Doge could collapse at any moment. however, currently the price of the doge is quite high, but the potential for a rise in its price remains. We don't know what else will make Doge's price even higher. I even thought the potential could be as high as $ 0.5
full member
Activity: 783
Merit: 100
April 24, 2021, 11:17:33 AM
#25
doge coins are only very suitable for use as a short-term investment, when the price goes up and sells and when it goes down buy. it does not pass risk to doge, because what we know today is doge is risky because doge was not created for long-term investment
sr. member
Activity: 1680
Merit: 259
April 24, 2021, 11:16:01 AM
#24
Could you tell me whether Dogecoin still worth to invest? Or the bull market of Dogecoin is over?

based on my personal point of view and it is not mandatory for you to follow it, it's just that I want to reveal what I understand about investing or trading Dogecoin. I simply think Dogecoin is still worth investing in, because while a lot of popularity this one has seen Dogecoin as a top crypto and also has a strong boost from either the wealthiest entrepreneur or the like, Dogecoin will still have a price increase over time. The only thing you need to pay attention to is, when the ATH price increases on Dogecoin you should be able to take advantage of this situation, and take Dogecoin share at the bottom price again. with Dogecoi high volatility at the moment the possibility of the next ATH price will be quite high. but back again in your own decision, because you are the one who invests and you decide.



If people tells you to invest in it would you invest in it?
Dogecoin is being hyped so some might say yes but for me it is better to do your own research do you really think that it is still worth it?
Do you think that it would continue to grow?

that's why he asked a question for one of us to provide insight into what has been understood about the current price of DogeCoin. so it would be nice for you to be able to provide advice as a trader who may have been active for a long time in cryptocurrency. or maybe you frequently interact with Dogecoin trading.

share your understanding with him who is in need of insight. at least a speculation from the results of your own research.
hero member
Activity: 1610
Merit: 507
April 24, 2021, 11:02:06 AM
#23
The answer will be maybe yes and maybe no. But with the price now, I think you can wait for more because the price now still too high to invest in Dogecoin. But I think you can try to invest in a small amount first to see where the price will move, and if the price is down for more than 10%, you can buy back and hold it. We do not know if Dogecoin is still worth to invest or not after the price soar to the high price.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
April 24, 2021, 10:57:09 AM
#22
Dogecoin has dropped after a huge breakout. Many hk people think that the bull market of Dogecoin is over. But some people think that Dogecoin still has a chance to go up. However, there’re very few information about Dogecoin in most investing forum in hk. It’s because hk people are more keen on investing stocks and bonds. Most people in this forum are professional in investing crypto. Could you tell me whether Dogecoin still worth to invest? Or the bull market of Dogecoin is over?
You mean is the price still being pumped and manipulated? Nope, I think it's over and will slowly crash and go back to the price they used to be. A common phenomena that has been happening forever and more quite often recently. Don't invest in Dogecoin now. Quite risky. Highly likely you will lose everything if you do now since the price is slowly dropping. Wait for another trend/hype, and then invest. Or maybe invest when the price has dropped significantly and keep holding for another joke to take place.
hero member
Activity: 1316
Merit: 502
April 24, 2021, 10:52:46 AM
#21
Cryptocurrencies are always worthy to invest and Doge coin too as long as it has any value so it all depends on how you good with your analysis and patience level.

Investments are subjected to market risks*  Wink
To the extent that it deserves, I do not give too high a score on dogecoin, its score is acceptable and passable due to the project's persistence and intense vitality, above all, it has too many magic points that coincide as mysterious pumps or Elon Musk's assist. However, the random and external external forces only partially help the growth, the project lacks internal factors, hence the scale for it is still quite low, instead of being patient with it, a new project or project with internal power will be more valuable
full member
Activity: 686
Merit: 104
April 24, 2021, 10:40:18 AM
#20
No, in my opinion, the Dogecoin sure is overvalued, even the price have pump for a period, false impression like as the trap, many investors will buy this when the price rise, but the big whale dump it when my earn the money, if this coin drop below 20 satoshi again, I will buy it and hold forever.
hero member
Activity: 2814
Merit: 911
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April 24, 2021, 10:30:32 AM
#19
Could you tell me whether Dogecoin still worth to invest? Or the bull market of Dogecoin is over?
The risk is higher to invest in any alts right now and the price of Doge might rise from this situation but i will not advice anyone to invest when the market is seeking directions as the market could turn in any directions. The best option is to wait for the correction and then take your positions to invest and the reason is that the price has rallied a lot and if you are willing to take risk then it is your choice.
full member
Activity: 1498
Merit: 146
April 24, 2021, 10:24:57 AM
#18
Cryptocurrencies are always worthy to invest and Doge coin too as long as it has any value so it all depends on how you good with your analysis and patience level.

Investments are subjected to market risks*  Wink
full member
Activity: 616
Merit: 102
April 24, 2021, 10:13:14 AM
#17
Most likely it's still worth to invest. As long as there is Elon Musk you don't need to worry. Just don't forget that trading or investing has its own level of risk.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
April 24, 2021, 09:45:30 AM
#16
Dogecoin has dropped after a huge breakout. Many hk people think that the bull market of Dogecoin is over. But some people think that Dogecoin still has a chance to go up. However, there’re very few information about Dogecoin in most investing forum in hk. It’s because hk people are more keen on investing stocks and bonds. Most people in this forum are professional in investing crypto.
Hk means Hongkong?

Could you tell me whether Dogecoin still worth to invest? Or the bull market of Dogecoin is over?
To give you an idea, Dogecoin holders and investors will tell you it's a yes and still worth to invest and this bull run is not yet over. On the other hand, think of the vice versa.
hero member
Activity: 1414
Merit: 542
April 24, 2021, 09:28:09 AM
#15
Dogecoin has dropped after a huge breakout. Many hk people think that the bull market of Dogecoin is over. But some people think that Dogecoin still has a chance to go up. However, there’re very few information about Dogecoin in most investing forum in hk. It’s because hk people are more keen on investing stocks and bonds. Most people in this forum are professional in investing crypto. Could you tell me whether Dogecoin still worth to invest? Or the bull market of Dogecoin is over?

I'm sorry to burst the bubble for you but no one can see and predict what will happen to Dogecoin.

So it's either to go up and down, that's it. There are no fundamentals that will really tell us the Dogecoin should go up except that it is being used by manipulators and gives false hope for crypto enthusiast the possibility that they can become rich instantly.

We have seen this in 2017, and many have lost their money on this kind of mentality. So it's really your choice here, but If I'm in your shoes, I'll just invest my money on bitcoin right now as they are very cheap and at a discount.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
April 24, 2021, 09:27:01 AM
#14
If you refer to the price in the 1-2 weeks, the changes very quickly, but this happen is influenced by the decline in BTC prices too, and almost all Altcoins also experienced the same things. As investment is quite risky, because investment means long term six month or more to hold it.
sr. member
Activity: 2366
Merit: 448
Enjoy 500% bonus + 70 FS
April 24, 2021, 09:24:12 AM
#13
It seems that many doubt that once Dogecoin reaches its highest price, it will fall back down, and Dogecoin has always been called a meme coin that will not grow and people will worry whether this momentum will repeat itself.
Some reports have linked the Dogecoin rally with a tweet from Tesla CEO Elon Musk and with this news maybe a lot of people believed it and it made Dogecoin go up really drastically, and that was before its recent rise, and now Dogecoin is down and people will be wondering whether the momentum will return.
full member
Activity: 560
Merit: 217
April 24, 2021, 09:23:06 AM
#12
Dogecoin has dropped after a huge breakout. Many hk people think that the bull market of Dogecoin is over. But some people think that Dogecoin still has a chance to go up. However, there’re very few information about Dogecoin in most investing forum in hk. It’s because hk people are more keen on investing stocks and bonds. Most people in this forum are professional in investing crypto. Could you tell me whether Dogecoin still worth to invest? Or the bull market of Dogecoin is over?

Doge is worth investing when it below 10 cent, now it is too risky to invest in doge because 40% of dogecoin is held only by 3 people. And the growth in price is only because of hype. I know dogecoin github is active now more development in there and this is happen 3 years ago too, before doge dumped in to ground again.
full member
Activity: 1064
Merit: 101
HELENA
April 24, 2021, 08:59:43 AM
#11
depending on how you look at it. If you think Doge is a purposeful coin, investing in it for the long term is not a bad choice. but if your mind is still the same that is thinking that doge is just a jokes and has no serious mission, buy now is too late. the price is already high and the market has started to go down.
hero member
Activity: 2100
Merit: 562
April 24, 2021, 08:53:40 AM
#10
yes if you bought 2 years ago, but today doge is like a bait in the front of fish mouth and when you bite it you can caught and became a prey. You can look other project that has a potential to climb anytime soon.
hero member
Activity: 854
Merit: 500
April 24, 2021, 08:51:27 AM
#9
Dogecoin has dropped after a huge breakout. Many hk people think that the bull market of Dogecoin is over. But some people think that Dogecoin still has a chance to go up. However, there’re very few information about Dogecoin in most investing forum in hk. It’s because hk people are more keen on investing stocks and bonds. Most people in this forum are professional in investing crypto. Could you tell me whether Dogecoin still worth to invest? Or the bull market of Dogecoin is over?
Yes, I also agree with your opinion.It is not advisable to invest in it.  I find that the DOGE currency does not have a positive development direction. It is suitable only for making trades, its trading costs are quite cheaper than other currencies. For investing in Doge, invest in ETH, LTC.. I see they are growing very well and growing steadily. It's important to find a direction for yourself in the cryptocurrency sector. Wish you success
full member
Activity: 325
Merit: 101
April 24, 2021, 08:39:32 AM
#8
Doge's price soared rapidly due to Speculation by great people, we all definitely know who it is. Doge has increased in price not because of a natural development caused by many people. Therefore, it is risky to invest large sums of money in Doge. better use your own analysis to invest in other cryptos.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
April 24, 2021, 08:39:07 AM
#7
DOGE right now is not an investment anymore since its just a pure hype coin with unlimited supply. The future price will surely not gonna steady growth due to inflating supply even Elon continuously bought the dump Doge coin in the market. Doge is purely a gambling and not healthy for an investment opportunity maybe for a short term period investment.
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