Doge coin is good or bad for investment ? - page 12.

Caladonian

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Quote from: farlack on June 23, 2019, 08:48:12 AM

Frankly speaking I don't take seriously doge coin. At the beginning it was a joke coin, so I consider it as a joke.
At the same time Elon Musk shilled doge coin and it can easily grow with whole market

That's it, a joke that can also be dumped without any reason, a problem with taking your position as you need to accumulate when the value is on its dip
then sell it out when the price rises up then keep repeating, this coin can be played when you have a lots of time to sort it out, needs time to reassess your position each time you invest in with this project.

andika2018

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Quote from: Hiluxury Bitcoin on June 22, 2019, 04:56:12 PM

hi friends now the current price of doge coin is very low and i want to invest in doge coin. So please i need your suggestion that i need to invest my money in this coin or not? And now the price of 1 doge is 31 sat please give me suggestion.

The price of doge coin is currently at 31 sats. I think it's a good time to buy a Doge because this coin is an old coin that is able to survive amidst many new projects. Daily doge coin transactions are very large and this can raise doge coin prices

hamster fat

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simply getting the job done

It is really bad investment, there is no any value in doge coin. You know, doge coin is funny coin and you shouldn't expect something of this coin. It was created for fun

entebah

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Dogecoin is very good, because it is in the Top 100 CMC with a large trading volume, so Dogecoin is not to be doubted, but the total supply of doge is very large, so it is not easy to see doge prices rising quickly, it takes quite a long time.

Serco

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Quote from: hahay on June 23, 2019, 06:26:24 PM

Quote from: ?? on ??

The bear market does let us to choose best investment coins for getting high returns on the investment. Dogecoin is not even close to my preferred investment portfolio coin list but I use Doges for withdrawing on some high fee exchanges.

Yes it is the best way to get a low fee, it can be said doge is a stable coin with no significant movement from time to time, therefore investing in doge is an investment that does not promise a high return.

maybe we could mentioned doge as stable coins, although this is not true.but in the fact doge price from time to time has no siginificant changes.but as old coins doge has own differences if compared with other coins.

hahay

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Quote from: ?? on ??

The bear market does let us to choose best investment coins for getting high returns on the investment. Dogecoin is not even close to my preferred investment portfolio coin list but I use Doges for withdrawing on some high fee exchanges.

Yes it is the best way to get a low fee, it can be said doge is a stable coin with no significant movement from time to time, therefore investing in doge is an investment that does not promise a high return.

Handsome Boy

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in my opinion DOGE coin is good to be a long-term investment, because it is proven that until now DOGE coin still persists and of course there are still many people who invest in DOGE coin, only for now the price of DOGE coin has not increased very high because it hasn't there is good news about DOGE coin, but I am sure if you invest in DOGE coin for the long term then it will give you profit, because the price of DOGE coins will definitely increase in the future due to the growth that occurs in cryptocurrency.

CryptoAlphaStar

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The bull market arrived and all the amateurs are attracted by Doge and Tron again. These are parody and/or abandoned forked projects, guys.
I know that understanding a dog picture is much more easy than undestanding what DAG is, but money doesn't come easy.

S_Therapist

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Quote from: agatha90 on June 23, 2019, 11:14:12 AM

Many altcoins have great potential. Dogecoin has advantages, there are no minimum and maximum shipping transactions, and shipping costs between wallet are also around 1-5 doge, depending on the size of the shipment. And the transaction received only takes about 5 seconds -15 minutes. Faster than other coin crypto.

Is DogeCoin being used any of the real life activities? I don't know. However, I think investing in DogeCoin is better, it's now lowest since last 2 years. So, it will have bump soon.

agatha90

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Many altcoins have great potential. Dogecoin has advantages, there are no minimum and maximum shipping transactions, and shipping costs between wallet are also around 1-5 doge, depending on the size of the shipment. And the transaction received only takes about 5 seconds -15 minutes. Faster than other coin crypto.

maxreish

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It's a cheap coin but still growing from time to time. DOGECOIN is not that bad as an investment. Yes, it is not suited for a long term investment but you can actually trade them in a short term. If you'll own thousands of them, you can actually feel the profits. 80-100sats increases are not that bad especially when you own many of it. It is still a potential altcoin and had some good platforms. You can see it issm still surviving until now.

metalglowd

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No, if you intend for long-term investment, it is better not to include Doge on the list. Doge is not suitable for this, besides the price also tends to often go down.
Better coin picks like EOS, XRP or maybe BSV are still better than doge.

iASIC

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Quote from: Hiluxury Bitcoin on June 22, 2019, 04:56:12 PM

hi friends now the current price of doge coin is very low and i want to invest in doge coin. So please i need your suggestion that i need to invest my money in this coin or not? And now the price of 1 doge is 31 sat please give me suggestion.

I only know Dogecoin is a memecoin and it has not had much good progress recently. You should not invest in it. I think you should invest in the top altcoins. Because bulls were trembling, investors targeted only big altcoins. such as ETH, LTC, NEO, EOS, BCH, ...
Those are great choices. and I recommend buying more LTC. The halving event will cause its price to rise to $ 200.

restumaulana

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I have never studied and seen in detail what is dogecoin and how it is priced, I am not paying much attention to this altcoin, but it seems like they are able to survive well so far

josephdd1

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Quote from: farlack on June 23, 2019, 08:48:12 AM

Frankly speaking I don't take seriously doge coin. At the beginning it was a joke coin, so I consider it as a joke.
At the same time Elon Musk shilled doge coin and it can easily grow with whole market

Elon should worry about Tesla and how its running out of funding. Realistically he never has to worry about it lol and maybe that's one reason we will see Dogecoin on Mars before Bitcoin..
Every crypto can stick with 'to da moon!!' while dogecoin could be like 'fo da Maaars!!'

farlack

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Frankly speaking I don't take seriously doge coin. At the beginning it was a joke coin, so I consider it as a joke.
At the same time Elon Musk shilled doge coin and it can easily grow with whole market

Eraldo Coil

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It already went up last time and I think you should consider buying it right now. Especially right now when it is low. I would consider doge coin as good when it comes to long-term holding.

2Kool4Skewl

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It seems to me that everything depends on how this coin is used if in a short-term investment, yes, it is relevant it can be used. But for the long term there is no because it is very unpredictable and I would not trust it.

josephdd1

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Dogecoin, like litecoin has been around for a while but they will never amount to much. Purely because there is no reason for people to use them other than just as a speculative investment vehicle.
And I am not the only who thinks so.

Take a look at this article from back 2014 where they talk about the invaluable yet worthless doge : https://www.dailydot.com/via/why-dogecoin-is-worthless/

Just so you know, I love dogecoin regardless of its sillyness or worthlessness

VanDeinsberg12

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Infinity supply that created inflation anytime, it's not a utility coin, it doesn't have a team that backed it, doge totally is not controlled by something.
It seems a very bad idea to consider doge as your investment, you can call that a joke coin but not for investment.

Topic: Doge coin is good or bad for investment ? - page 12. (Read 8098 times)