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Topic: DOGE COIN is it worth investing in it or should i look for another ALT coin? - page 3. (Read 9358 times)

full member
Activity: 618
Merit: 100
BBOD The Best Derivatives Exchange
DOGE coin is one of the Altcoins that have very low prices and listed on many of the most popular exchanges. But Doge's total supply has no limits, so this is its downside, I believe that DOGE is not the right choice for long-term investment.
member
Activity: 576
Merit: 39
Dogecoin was really designed as a memecoin that should never be taken seriously but look at it now despite that fact, it remains to its current level for years, so it might be a good investment as more and more people get to know dogecoin.
newbie
Activity: 14
Merit: 0
I see it go up and down every day so I'm confused!
Well it's the crypto market and you must see it go up and down, so I don't really know why you are surprised about the price of a coin going up and down when it's not a stable coin, it is being traded every second and nothing can stop that unless everyone lose interest in the coin, but I don't think that would ever be possible for dogecoin since it's one of the coin that have been existing for a very long time now, I think you need to study how the market works so that this kind of things is not going move you anymore.

I'm not surprised but as I said I'm confused, cos of the dogecoin history maybe of cos of its price that makes u wonder if it's going to be pumped or not
copper member
Activity: 364
Merit: 1
I see it go up and down every day so I'm confused!

This decision is what you need to make on your own. I've had to follow TAs and advice from friends in the past that didn't actually give me what I want. I feel I do better when I make decisions on my own than follow what people say. I advice you try doing same.
hero member
Activity: 1008
Merit: 501
I see it go up and down every day so I'm confused!
Well it's the crypto market and you must see it go up and down, so I don't really know why you are surprised about the price of a coin going up and down when it's not a stable coin, it is being traded every second and nothing can stop that unless everyone lose interest in the coin, but I don't think that would ever be possible for dogecoin since it's one of the coin that have been existing for a very long time now, I think you need to study how the market works so that this kind of things is not going move you anymore.
newbie
Activity: 14
Merit: 0
I see it go up and down every day so I'm confused!

The doge movement up and down according to me is reasonable, because the movement of bitcoin is currently relatively quiet in place so this affects the doge price. But take it easy, as soon as the bitcoin grows back then the doge will grow and it's better that you buy and just hold it without worry, if you are worried then it will haunt you.

If you are looking for a profit, there are many other coins that would provide you better profit than dogecoin.
Dogecoin has an infinite supply and hence it would be increasing in number forever. And with the increase in supply, it's price would keep on decreasing against other coins.

Yes, I know this, but I don't think this has a big effect on prices. We'll see ethereum, he has the same supply value as the doge but eth can still grow up to 50% since March.

Finally, someone is optimistic about it and i was thinking the same about the bitcoin relative with dogecoin
newbie
Activity: 14
Merit: 0
I see it go up and down every day so I'm confused!

Doge coin isn't bad  but may I ask why Doge, don't limit yourself. Make your research, diversify, mix them up and don't base only on a particular type of coin
well the answer to ur question would be because of its low price and stability + its in the top 100 currency and could be pumped up at any mint
full member
Activity: 551
Merit: 100
This happens with a huge number of cryptocurrencies in the market. As a rule, 80 percent of currencies have very high volatility. do not be surprised
newbie
Activity: 14
Merit: 0
This coin, born of a joke at the start do not forget, allowed a lot of people to make money and will still do Smiley

But if we are interested in a little more technical face of cryptos, there are many more advanced and attractive projects to bet on! dyor Smiley
give me some tips maybe about the projects u are saying its attractive?
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
This coin, born of a joke at the start do not forget, allowed a lot of people to make money and will still do Smiley

But if we are interested in a little more technical face of cryptos, there are many more advanced and attractive projects to bet on! dyor Smiley

Though it started as a meme or joke, it evolved to one of the most useful altcoins in trading. As for me, I've been using doge for transferring money from one exchange to another. But holding it for long-term? I haven't done that yet. If you are an investor, think of the benefits that it can give to you, not only on short-term basis but its potential long-term impact on your investments.
member
Activity: 358
Merit: 10
I see it go up and down every day so I'm confused!

Doge coin isn't bad  but may I ask why Doge, don't limit yourself. Make your research, diversify, mix them up and don't base only on a particular type of coin
member
Activity: 756
Merit: 13
DIFX - Digital Finacial Exchange
I would suggest that if you have small funds then go with dogecoin and if you have decent funds go for eth, ltc and ada type of coins as these coins are potentially huge coins in my opinion and they can confirm it in next few months by reaching new highs, im overall bullish about these coins.
newbie
Activity: 14
Merit: 0
Doge is alt with big supply, if you are a good trader maybe it an opportunity for you to make profit,  wouldn't advice you buy to hold presently, when alt season start it will be good to buy and hold.
since I am a newbie can u tell me when the alt season will start?
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
Short term or long term Doge is not good for the investment even the price of movement showing very difficult to get decent profit from Doge trade but if you want to i think you can put small amount of money for long term purposse although not guarantee will get profit at least Doge price always be stable because as far i remember in the last several years there was no deep dumped for Doge coin
full member
Activity: 822
Merit: 100
Doge is alt with big supply, if you are a good trader maybe it an opportunity for you to make profit,  wouldn't advice you buy to hold presently, when alt season start it will be good to buy and hold.
legendary
Activity: 2380
Merit: 1442
This coin, born of a joke at the start do not forget, allowed a lot of people to make money and will still do Smiley

But if we are interested in a little more technical face of cryptos, there are many more advanced and attractive projects to bet on! dyor Smiley
full member
Activity: 868
Merit: 116
Personally I like doge coin but I must say  that it is not worth for investing on, maybe we shoul day trading.
sr. member
Activity: 952
Merit: 308
I see it go up and down every day so I'm confused!

The doge movement up and down according to me is reasonable, because the movement of bitcoin is currently relatively quiet in place so this affects the doge price. But take it easy, as soon as the bitcoin grows back then the doge will grow and it's better that you buy and just hold it without worry, if you are worried then it will haunt you.

If you are looking for a profit, there are many other coins that would provide you better profit than dogecoin.
Dogecoin has an infinite supply and hence it would be increasing in number forever. And with the increase in supply, it's price would keep on decreasing against other coins.

Yes, I know this, but I don't think this has a big effect on prices. We'll see ethereum, he has the same supply value as the doge but eth can still grow up to 50% since March.
full member
Activity: 560
Merit: 119
Dogecoin is something like Litecoin, a Bitcoin copy, nothing that Bitcoin couldn't do. That´s why my opinion is that soon all Bitcoin copies will die due to no interest.
newbie
Activity: 14
Merit: 0
I see it go up and down every day so I'm confused!
Doge is a decent crypto and giving constant profits for the long term holders so if you want huge profits then doge may not be the best choice but for long term you can consider it.And when you want to invest on cryptos then investing on a single coin is always risky so you need to have few with potential and some with huge bumps in the recent days.

i will never invest in a single coin i will always separate the investment on other coins
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