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Topic: Doge coin is good or bad for investment ? - page 2. (Read 8074 times)

member
Activity: 700
Merit: 12
Still, the value of Dogecoin is going down in the market, which we don't see any upward trend in the market for doge because the Bitcoin market is going up and down, this makes the price of altcoins fluctuating more in the market. I hope the Long term is always good for Doge instead of short term.
newbie
Activity: 7
Merit: 0
To me dogecoin is like a stable coin (lol). Have been holding dogecoin for some times now thinking it will get to at least $0.1 but no way near dat price. Investing in other fast growing token is much more better. Thou it has a very large community and is mostly traded coins but the price movement is just too poor.
sr. member
Activity: 743
Merit: 250
Dogecoin is one of the most traded cryptocurrencies right now, it has a really big community. But for investing, it is not the best choice in my view. Its price is almost stable or increasing very slowly since its creation, and I don't predict that it will go up highly at least in the nearest future.
full member
Activity: 566
Merit: 113
Dogecoin transaction costs are very cheap, so many people use Dogecoin to withdraw their assets. And I have also been HOLD Dogecoin, because I believe that although this coin is not a good coin for investment, it can provide benefits. Because Dogecoin can increase the price up to 2x the original price.

At first, you were saying it's not a good coin for investment but afterward you were saying the price could increase up to 2x. If it is not a good investment, then what is good?
from the rest of altcoins, personally I think Dogecoin is the most stable one and the most used alternative coin so far.
even its transaction sometimes passes ETH, because of this price did not go down for 99% and kept stabilizing its price in around 20 satoshis.
member
Activity: 458
Merit: 10
Dogecoin transaction costs are very cheap, so many people use Dogecoin to withdraw their assets. And I have also been HOLD Dogecoin, because I believe that although this coin is not a good coin for investment, it can provide benefits. Because Dogecoin can increase the price up to 2x the original price.
full member
Activity: 352
Merit: 100
Doge isn't good for investment, in my view. It was created for several years with infinite supply, and its price was always low. I am using Doge for withdrawing my funds from the exchanges with high fees, because paying the fee with Doge is better than paying with BTC or ETH, since its price is cheap.
When it is low prices we must also look at the supply of the doge and do an analysis first. some people also give opinion doge also does not hurt to invest. because the highest point also doge ever reached.

Dogecoin should not be excluded from the cryptocurrency portfolio. Despite the general bearish trend and the low cost of the coin, DOGE maintains its position and demonstrates sufficient volatility for earnings. A year ago, the token was $ 0.0003, and now it is already 0.002. That is, investors who bought it for the long term in 2018, today received almost 600% of the profit.

So the use of correctional jumps of Dogecoin can be a profitable earning strategy for any crypto investor.
legendary
Activity: 2450
Merit: 1047
Years ago it was the best for tipping, these days much better options exist and long term investment is simple not an option with unlimited supply

It's still one of the best tipping coins in the market if you ask me, it never loses it's appeal although there are so many coins in the market that has the same concept.
I think Dogecoin has fully established itself over the years, they have sustained their community until now, this is the reason why they are still stable in the market.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
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.


That’s your money and you must be responsible for that.

What can give is advice but don’t take it much as in the end it’s yours may be lose.

If you are a gambler for sure you’ll be needing doge as one of the best coin to use as betting materials and also doge is one of the most promising currency in crypto so I don’t think you need to doubt investing though you must be ready Incase it took a long before the recovery happens
full member
Activity: 407
Merit: 100
DIA | Data infrastructure for DeFi
in my opinion all the coins listed on the exchange and traded every day with large volumes every day is very good for us to invest, by talking about these doge coins, in my opinion good and suitable for investment for the future at a price of around 30 sat but this price is very stable and doge coins can penetrate the price of 60 sat when the market strengthens and there is good news about the doge and its price goes up
In fact, not too many people are interested in this coin because this is an old coin and all activities related to Dogecoin have stopped working in the past few years. I think the current price hike depends on the pump because if it doesn't work then this coin is just rubbish and no one will be interested in this shitcoin. I personally recommend that people research carefully before participating because any investment will have certain risks.
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
Years ago it was the best for tipping, these days much better options exist and long term investment is simple not an option with unlimited supply
full member
Activity: 1204
Merit: 102
doge is good for use, but not for investment. there are many things that can be done with doge, one of which is transferring to minimize costs, or to provide tips and much more.

I held a doge for a long time, but in the end I only made a small profit. because of this I think doge is not one of the good coins for investment
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
in my opinion all the coins listed on the exchange and traded every day with large volumes every day is very good for us to invest, by talking about these doge coins, in my opinion good and suitable for investment for the future at a price of around 30 sat but this price is very stable and doge coins can penetrate the price of 60 sat when the market strengthens and there is good news about the doge and its price goes up

Buddy,,, you should look up about false trading volumes and especially wash trading which can create a false impression of large trading volumes.

So do not be fooled by exchanges that allow this to happen. And even on exchanges where supposedly it is real, do not believe it. Never base your investment purely on volume or purely on statistics you have no way of ever finding out for yourself to be true!
hero member
Activity: 2660
Merit: 651
Want top-notch marketing for your project, Hire me
in my opinion all the coins listed on the exchange and traded every day with large volumes every day is very good for us to invest, by talking about these doge coins, in my opinion good and suitable for investment for the future at a price of around 30 sat but this price is very stable and doge coins can penetrate the price of 60 sat when the market strengthens and there is good news about the doge and its price goes up
What you said are applicable during the early stage of crypto market but with the capital market clinching 2000+ everything about cryptocurrency investment is beyond investing in coin with large trade volumes everyday and listed on popular exchange site or else when you calculate your ROI after paying electric, internet bill etc you'll be left with nothing.
member
Activity: 602
Merit: 10
At least to date, reviews about DogeCoin are quite forest.  Once I specifically studied the history of this coin, I realized that at the dawn of its development, almost no one believed in this project, but today Dogecoin practically performs the same functions that Bitcoin should have had.
member
Activity: 728
Merit: 12
in my opinion all the coins listed on the exchange and traded every day with large volumes every day is very good for us to invest, by talking about these doge coins, in my opinion good and suitable for investment for the future at a price of around 30 sat but this price is very stable and doge coins can penetrate the price of 60 sat when the market strengthens and there is good news about the doge and its price goes up
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
Doge isn't good for investment, in my view. It was created for several years with infinite supply, and its price was always low. I am using Doge for withdrawing my funds from the exchanges with high fees, because paying the fee with Doge is better than paying with BTC or ETH, since its price is cheap.
When it is low prices we must also look at the supply of the doge and do an analysis first. some people also give opinion doge also does not hurt to invest. because the highest point also doge ever reached.
sr. member
Activity: 1092
Merit: 255
Doge isn't good for investment, in my view. It was created for several years with infinite supply, and its price was always low. I am using Doge for withdrawing my funds from the exchanges with high fees, because paying the fee with Doge is better than paying with BTC or ETH, since its price is cheap.

btc doge pair from the previous year until now is around 20-80 sat, it's just that dogecoin has risen in USD pairs due to the increase in the price of bitcoin itself.
full member
Activity: 941
Merit: 100
Doge isn't good for investment, in my view. It was created for several years with infinite supply, and its price was always low. I am using Doge for withdrawing my funds from the exchanges with high fees, because paying the fee with Doge is better than paying with BTC or ETH, since its price is cheap.
Dogecoin is not good for short-term investments. we can see the movement of the doge is slow, but not without pumping. if lucky dogecoin can pump several times, even when the market goes down in 2018 doge has experienced growth. this is different from other coins because when a market trend goes down, doge can provide benefits that most people don't notice.
sr. member
Activity: 552
Merit: 250
Doge isn't good for investment, in my view. It was created for several years with infinite supply, and its price was always low. I am using Doge for withdrawing my funds from the exchanges with high fees, because paying the fee with Doge is better than paying with BTC or ETH, since its price is cheap.
jr. member
Activity: 276
Merit: 1
Doge coin was introduced as a joke coin in the first place. However, the coin managed to collect support from many people and traders becoming a coin being at the center of all. I think investment in this coin is good step for the long term.
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