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Topic: Dogecoin - a joke or a way to make money? - page 15. (Read 2800 times)

full member
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November 16, 2021, 08:58:29 AM
Dogecoin may created as a joke but after that, its potential was start increasing and with effort of doge team, it was able to archive good position in crypto market without hype. Lots of people was using doge for cheap fee since it created. I must say, dogecoin provided lots of opportunities for us and make new Millionaire! Even after end of hype, dogecoin still stable on its position. It might be dump due to lack of support and good management but still it can be considered as top coins
legendary
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November 12, 2021, 10:37:49 PM
Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?

It's all a big bubble waiting to burst someday. Even Dogecoin's original developers said they created the coin as a joke. The only reason it's been going up in price is because of the crypto hype. Elon Musk was the one who started it all with his tweets about Dogecoin. After DOGE crossed the $0.01 mark for the first time in history, other "meme" coins emerged. Now we've got Shiba Inu, BabyShibaInu, Dogelon Mars, and countless of other shitcoins with no real use cases for the mainstream world. They're only good for making money in the short term, but that's it. Long-term speaking, most of these coins will simply vanish. Dogecoin will remain on the scene, although with a much lower price than what it's currently trading due to loss of interest. As long as you take advantage of every pump, you'll be able to multiply your money in no time. Just my opinion Smiley
hero member
Activity: 2968
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November 10, 2021, 04:34:49 PM
I don't know that this is a bubble or not, but it looks like it. it is very clear that the current push in the price of dogecoin is due to the support of Elon Musk. I think that this is a joke.
however, is this a way to make money? the answer is not certain. if you own Dogecoin when the price is still low, it's very clear that right now the profit you get is huge. However, is this an asset that deserves to be used as an investment tool? to me it's not worth it, but maybe some people see that it's worth it.
In crypto things are rarely "bubbles", bubble is not just price going up and then crashing down, bubble needs to have some sort of economy in it that doesn't make sense and even have some "ownership paper" involved because even if you own the item itself, you could say you value it that much even if others don't.

Doge is not a bubble, but it is just a very hyped useless token. Sounds similar to bubble, and it WILL crash hard eventually, people can't artificially increase the price without any reason forever, eventually everyone will get out, they are all in it to make some profit and nothing more, and that means they need to sell to make that profit. Most other crypto could be used, could be seen as utility but Doge is not one of them, which is why it doesn't make sense for it to be worth this much. This is why I believe it will crash, but still wouldn't call it a bubble.
full member
Activity: 812
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November 10, 2021, 10:58:50 AM
At the beginning of the appearance of doge I was not interested in this coin because the price was very cheap and very stable. Now I'm interested in dogecoin soaring so high because Elon Musk pumped it so I think this will be an interesting coin in the future, dogecoin is good to invest because we will get a lot of profit in the future.
I still believe that the price of doge will continue to rise over time, now many people are buying doge and some are also mining it. Now that we can see that dogecoin has a rating of number 9 on coinmarketcap, dogecoin is one of the popular coins in the crypto market.
full member
Activity: 532
Merit: 100
November 08, 2021, 12:39:26 AM
Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?


Before we saw the price movement of Dogecoin reach ATH, who would have thought that a memecoin can provide benefits and advantages for many people in trading? therefore I think well of the development of Dogecoin as a memecoin which is considered a joke by some. I think Dogecoin is a real digital currency with increasing value and can provide real income for digital currency traders
Dogecoin may considered a joke before because of Elon but seeing its real value by now, its even more pumping that create huge profits for all of its loyal investors. As long as it will continue to be more valuable in the distant years, well it won't matter if it started as a meme coin, what matters is its high value that any investor can't resist. And with the increasing demand of its community, i think it won't end up being undervalued in the future. Well, Elon must have been a blessing to dogecoin even if dogecoin price drops so much after Elon stop tweeting it.
Yes, i think your statement is very true that elon musk has contributed a lot to the development of dogecoin so many people take advantage of the rising price of dogecoin which was considered as memecoin before
legendary
Activity: 2394
Merit: 1848
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November 07, 2021, 10:45:47 PM
Dogecoin is a real bubble, I think it is not a real way to earn money. The risk to invest or trading in this coin is too big. If we don't have enough knowledge about this token, it is better to not buy Dogecoin. On the other hand, the hype of Dogecoin is over already. I think the price of Dogecoin will be hard to increase again. So, it is not a good idea to make money through Dogecoin investment/trading.


I can say with certainty that over time the dogecoins have given me satisfaction, I am happy to have been able to play with the doge, today I do not think he can make quality leaps, it is always a memecoin, if you want and have resources you could try, the risk is high of not making profits ...
Well the truth is, I don't see Doge as a bubble, I see him as a meme, and as the King of the pump and dump, however there is currently a coin called shiba that is taking a lot of community and the only thing that does not fit me is that that The community is taking more strength right now, but the reason is always, I don't like it because at the moment the BTC is up, at a good price, but if the BTC goes down, I would like to see if the community that took is maintained, because obviously the The price will go down and a lot, so a community can be seen to be good when it is in bad times, in good times anyone can be, some bet a lot on the project that has to do with the Doge and Shiba, but it is necessary to take into account if that investment it will be good when BTC goes down in price.
legendary
Activity: 1554
Merit: 1168
November 05, 2021, 05:26:52 AM
Dogecoin is a real bubble, I think it is not a real way to earn money. The risk to invest or trading in this coin is too big. If we don't have enough knowledge about this token, it is better to not buy Dogecoin. On the other hand, the hype of Dogecoin is over already. I think the price of Dogecoin will be hard to increase again. So, it is not a good idea to make money through Dogecoin investment/trading.


I can say with certainty that over time the dogecoins have given me satisfaction, I am happy to have been able to play with the doge, today I do not think he can make quality leaps, it is always a memecoin, if you want and have resources you could try, the risk is high of not making profits ...
sr. member
Activity: 520
Merit: 250
KUWA.ai
November 05, 2021, 04:34:19 AM
I advise you to read Dogecoin Millionaire article, I think you will find there a lot of interesting information from experts about this coin and you can make your own conclusions. Cheesy
Dogecoin is a very old and very old meme coin in cryptocurrency, and without you even asking a lot of people already know about Dogecoin because many people have read about Dogecoin from the past, so the things that were found were ordinary things, nothing extraordinary in it.
full member
Activity: 691
Merit: 100
November 05, 2021, 04:10:19 AM
Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?

Which that Doge was the first of the coin memes made for fun and value pumped during the 2017 bullrun which provided further leverage to sustain, but in 2018 we heard this popular term being called shit coin and Doge coin being referred to as one coin shit but today we can't use this term because it has backing from Elon Musk and he really upgraded this coin from dirt coin to asset.
This is where the greatness of Elon Musk. He was able to make a coin like Dogecoin a coin to consider and was able to change the status of a coin that was considered trash to a coin that had a price in the market. How could Dogecoin be made just as a joke like he said above.

As long as there is financial support, ordinary coins like DOGE can be popular, it must be admitted that the market continues to improve as it is now because of the many millionaires like Elon Musk who invest in DOGE, and I have known DOGE since 2015 and until now there has never been any bad news about DOGE. .
It is not only financial support that makes a coin popular, but there are other more important supports such as the team's commitment to advancing the coin. When the commitment is strong, investors will glance and want to be involved in it and it is seen in Dogecoin so it is appropriate for Elon Musk to enter and be involved in Dogecoin. So, Dogecoin is not made for jokes.
newbie
Activity: 3
Merit: 0
November 05, 2021, 03:54:32 AM
 I advise you to read Dogecoin Millionaire article, I think you will find there a lot of interesting information from experts about this coin and you can make your own conclusions. Cheesy
sr. member
Activity: 1844
Merit: 254
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November 05, 2021, 12:57:57 AM
Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?

It's all the concepts you're thinking about, and most people who have gone through see it as an opportunity.
People simply don't understand the process by which it went up in price, FOMO also takes a process and people see that and go ahead to build the process until it is truly FOMO. Personally, I don't have too many comments, because for me profit is the most important, so the things that follow for analysis are superfluous.
sr. member
Activity: 826
Merit: 263
November 04, 2021, 07:59:05 PM
Dogecoin is a real bubble, I think it is not a real way to earn money. The risk to invest or trading in this coin is too big. If we don't have enough knowledge about this token, it is better to not buy Dogecoin. On the other hand, the hype of Dogecoin is over already. I think the price of Dogecoin will be hard to increase again. So, it is not a good idea to make money through Dogecoin investment/trading.
hero member
Activity: 2660
Merit: 608
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November 04, 2021, 07:55:53 PM
Dogecoin is just a big bubble that only happens for a short time like a joke, many people profit when the bubble occurs and a lot of money is wasted on Dogecoin, to this day Dogecoin is still the concern of traders to wait for the right time to produce, all about Dogecoin It also depends on how we respond to each one
I also don't think that it will go back from the ATH that it made. Unlimited supply doesn't make me optimistic with those believers that are thinking that it will be able to back.
Whoever has sold at the top then just did the right thing. I also saw people that has funds on dogecoin that has converted to shib and then took their profits. Well, all of them did the right thing because you'll never know when it will be back at the peak.
member
Activity: 434
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November 04, 2021, 11:00:51 AM
Dogecoin is just a big bubble that only happens for a short time like a joke, many people profit when the bubble occurs and a lot of money is wasted on Dogecoin, to this day Dogecoin is still the concern of traders to wait for the right time to produce, all about Dogecoin It also depends on how we respond to each one

This bubble is making people rich for more than 6 years. It is a joke that makes people rich I would say. You mention that "a lot of money is wasted", I would say people just need to wait and hold. If dogecoin was a real bubble, it would have exploded long time ago. But so far it is cryptocurrency top10 and there is no way it will just explode and disappear. Dogecoin has spawned lots of similar "no use case alts", like Ethereum once spawned lots of alts with ICO's. Like Ethereum is strong and healthy, same would be dogecoin.

It can be said that the doge became a pioneer for meme coins began to appear. For this reason, doge becomes a coin that is stronger and more stable and can be more. Indeed, from the beginning of its appearance is considered a joke, but this joke is getting bigger when the ecosystem is also growing.
legendary
Activity: 2296
Merit: 1176
November 04, 2021, 06:48:47 AM
Dogecoin is just a big bubble that only happens for a short time like a joke, many people profit when the bubble occurs and a lot of money is wasted on Dogecoin, to this day Dogecoin is still the concern of traders to wait for the right time to produce, all about Dogecoin It also depends on how we respond to each one

This bubble is making people rich for more than 6 years. It is a joke that makes people rich I would say. You mention that "a lot of money is wasted", I would say people just need to wait and hold. If dogecoin was a real bubble, it would have exploded long time ago. But so far it is cryptocurrency top10 and there is no way it will just explode and disappear. Dogecoin has spawned lots of similar "no use case alts", like Ethereum once spawned lots of alts with ICO's. Like Ethereum is strong and healthy, same would be dogecoin.
sr. member
Activity: 2254
Merit: 256
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November 04, 2021, 06:48:21 AM
Dogecoin is not arguably a bubble because people also think Dogecoin will experience the same thing when bitcoin was said to be just a bubble and now bitcoin is becoming like gold. Dogecoin was originally just made for a community joke. However, the arrival of Elon Musk made all the Dogecoin jokes an profit to date.
full member
Activity: 644
Merit: 100
November 04, 2021, 06:38:08 AM
Previously many thought of Doge as a joke and also as Memecoin, but as more and more people benefit from the coin and now many communities are joining the shiba inu party because some people also think that the future of shiba inu will also be like dogecoin. however, the increase in value achieved by dogecoin will be of great benefit to doge holders since doge prices are still very low. that's why I can say Doge coin as a coin that can provide large income for those who hold it in the long term.
hero member
Activity: 3010
Merit: 604
November 04, 2021, 04:55:25 AM
Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?


Before we saw the price movement of Dogecoin reach ATH, who would have thought that a memecoin can provide benefits and advantages for many people in trading? therefore I think well of the development of Dogecoin as a memecoin which is considered a joke by some. I think Dogecoin is a real digital currency with increasing value and can provide real income for digital currency traders
Dogecoin may considered a joke before because of Elon but seeing its real value by now, its even more pumping that create huge profits for all of its loyal investors. As long as it will continue to be more valuable in the distant years, well it won't matter if it started as a meme coin, what matters is its high value that any investor can't resist. And with the increasing demand of its community, i think it won't end up being undervalued in the future. Well, Elon must have been a blessing to dogecoin even if dogecoin price drops so much after Elon stop tweeting it.
full member
Activity: 532
Merit: 100
November 04, 2021, 04:28:00 AM
Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?


Before we saw the price movement of Dogecoin reach ATH, who would have thought that a memecoin can provide benefits and advantages for many people in trading? therefore I think well of the development of Dogecoin as a memecoin which is considered a joke by some. I think Dogecoin is a real digital currency with increasing value and can provide real income for digital currency traders
sr. member
Activity: 285
Merit: 255
November 04, 2021, 01:17:49 AM
I have had countless people tell me to dump Doge for YEARS.



Turns out they were stupid.
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