Dogecoin - a joke or a way to make money? - page 3.

stomachgrowls

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Quote from: glendall on July 22, 2022, 07:14:33 PM

Quote from: luckypenguin on October 27, 2021, 05:27:01 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?

only a momentary bubble for people who are new to doge, but coins that produce for old holders, because I myself feel the benefits of doge when experiencing new ATH and at this time I do not touch doge again for my investment

For those who do able to sell out on those ATH price or peak ones then it was a good call because we've seen on how low the price back in the past and hitting up those high peaks specially when Elon did really make out some involvement and shill. It doesnt matter if its a meme coin or not because the primary goal or target we do have into this market is to make profits no matter what things you are dealing with.

So its up to you whether you would take up some risk or not but for me its not bad to make some accumulation with Doge but of course this wont really be eating up huge partition or allocation
into your overall portfolio.
We do have different financial capacities or capabilities which means that every decision would be made will be varying on someones knowledge and experience.

capedbaldy

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Quote from: Kavelj22 on July 22, 2022, 06:50:33 PM

This can no longer be acknowledged after Tesla decided to give up its bitcoin savings and Elon Musk gave up his Twitter deal.

Two of the worst factors from Tesla and Elon, all hope for the future of Dogecoin has been dashed due to the fact Elon doesn't care about the damage that has been done, some say he will shill the targeted coins to raise fomo news in the future, but interactions from his tweets will decrease drastically because the crypto community has ignored his ravings on twitter.

glendall

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Quote from: luckypenguin on October 27, 2021, 05:27:01 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?

only a momentary bubble for people who are new to doge, but coins that produce for old holders, because I myself feel the benefits of doge when experiencing new ATH and at this time I do not touch doge again for my investment

Kavelj22

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Quote from: TheClownSong on May 18, 2022, 08:25:15 AM

Quote from: trendcoin on May 17, 2022, 04:52:51 PM

Quote from: luckypenguin on October 27, 2021, 05:27:01 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 a joke, but a joke that is a way to make money.

It does a great job every bull season. There is a reality it reveals. We cannot deny this reality. So, I think we can try to take advantage of it before the bull seasons. All in all, I think Dogecoin is shit, but it's quality shit.

i think we should try this opportunity, maybe someday elon musk will shill it again and accept as payment in twitter. we never know about dogecoin future, but the thing we know only it have strong community which is could be good early capital. some investors hate this coins due have no utility and high price, meanwhile good project didnt get attention from market.

The deal between Elon and twitter is likely to fall apart so it is unlikely that doge will become a payment method for twitter ads. According to my prediction, Elon will still continue to shill doge for his sake, and doge will still have a great chance of doing a miracle in the future. should try a little with doge because maybe it will bring us a surprise.

This can no longer be acknowledged after Tesla decided to give up its bitcoin savings and Elon Musk gave up his Twitter deal.
Less than two years ago, Elon Musk announced that he would not give up the bitcoin owned by the company, which contributed to the boom in the bitcoin price to reach unprecedented levels, and today he is retracting this decision, claiming the company’s need for liquidity, even though he had sold part of the shares Tesla a month ago worth $2 billion to fund the Twitter purchase deal before it was cancelled.

babygun

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Quote from: Bitcoin2009 on July 22, 2022, 08:57:30 AM

The fact that DOGE has survived in the market for more than 10 years, a community that continues to grow of course makes DOGE a hope for profit, of course many say that coin memes like Doge are useless, but the community that continues to grow is proof that Doge is still liked by the market.

It is not useless in the sense that it is one of the most accepted coins for gambling, but that's about it. There is no active development in DOGE since years, I doubt that the community is still growing; are there any numbers on that? In another bullrun, the price will most likely shoot up again and that's where I am also counting up as I still hold some DOGE.

Webetcoins

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Quote

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?

Not totally a joke but it is just based on meme. That's why it was called a meme coin. It is real to earn on it of course because it has a value. I am not really sure tho if it's a big bubble because the coin was still alive despite of shedding some gains and I think a real bubble are those scam coins which gets delisted once their hype was gone.

If you want to make a better income I don't think that coin was doge because it's now hard for this coin to recover not because we are now in a bear market but because Elon Musk doesn't shill this coin anymore. If you still have doge coins with you, why not try to use it for gambling? Once you tripled it or more, just sell it or exchange it for a better crypto.

Bitcoin2009

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The fact that DOGE has survived in the market for more than 10 years, a community that continues to grow of course makes DOGE a hope for profit, of course many say that coin memes like Doge are useless, but the community that continues to grow is proof that Doge is still liked by the market.

fuguebtc

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Quote from: trendcoin on May 17, 2022, 04:52:51 PM

Quote from: luckypenguin on October 27, 2021, 05:27:01 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 a joke, but a joke that is a way to make money.

It does a great job every bull season. There is a reality it reveals. We cannot deny this reality. So, I think we can try to take advantage of it before the bull seasons. All in all, I think Dogecoin is shit, but it's quality shit.

It used to be a joke but is now a real investment. To this day, a lot of people mock it and believe it will die, but I agree with you, we can't deny that a lot of people have changed their lives because of it, it's a Doge success.
but be careful if we invest from now on because it has grown too much than before and there is no guarantee that it will continue to grow or will disappear. Investment is risky, so we should only invest with a moderate amount that can afford to lose.

HeavensPro

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This coin will die when the meme will die but people of all time really appreciated dogs so I think that there is a long-term future for this coin. Lots of people lost money on it but that's because of hte fact they've invested on the peak so this can't be considered as a sign which says you not to work with this coin

RussianEnglishTranslation

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Quote from: LittleBitFunny on July 21, 2022, 07:50:32 AM

Quote from: palle11 on July 21, 2022, 07:17:06 AM

Quote from: Abiky on July 20, 2022, 06:11:45 PM

Quote from: cheezcarls on July 17, 2022, 04:01:14 PM

It really depends on how you view it right now. Each one of us has our own perspective regarding DOGE. There are some who are thinking it as funny and useless, but there are others who are thinking it as an opportunity to make money by trading. My second cousin from US was trading DOGE actually because he was intrigued by it. He had a specific target for a low price to buy and then sell it high and waiting for it to go down again to his preferred low price.

If I hadn't sold my 36,000 DOGE back then, I could have pocketed big time during the Elon hype days lol.

Exactly. Not everyone thinks Dogecoin is a joke. There are some people who use it seriously for day-to-day payments. Dogecoin is a cryptocurrency after all. What I don't like about it is the inflation mechanism "baked" into the protocol. This will greatly diminish the cryptocurrency's value over time. You can use it as a day-to-day currency but not as a store of value like Bitcoin. Dogecoin has been doing fine since its inception, so it's likely it'll last a lifetime. Who needs Elon Musk when the community is what led DOGE towards widespread success in its early days? Just my thoughts Grin

The dogecoin hype will soon come back like last year that it got to a very big high as Tesla looking to announce the sell of more bitcoin. Elon musk is still adopting the use of dogecoin on Tesla and this is a boost for the price as soon the bull for cryptocurrency return. Those that sold early are surely having opportunity to pick some bag of doge for another move to high I think so.

Even though it's just a meme, so far we can't deny the popularity of Doge, having a large user community, being applied as a payment method for Tesla...

As a result of last year's hype, Elon contributed a great deal to the success of doge, but even if Elon doesn't appear in the picture this year, doge will still maintain its success and will not die. As long as bitcoin rises and bull season returns the doge hype will return as well.

Yes, but does Doge have any development? Does it solve a problem in the blockchain space besides being something people use as a talking point to say that this industry is a scam? Will Doge end up any different than what we saw happen to pets.com in the internet boom? I'm not bullish on Doge because it lacks functionality that Web3 chains like Fantom and Candle Chain have. No smart contracts, no NFTs, no DeFi, no GameFi, no Metaverses. Doge is only used for payments and is hyper inflationary so it is not a good store of value.

LittleBitFunny

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Quote from: palle11 on July 21, 2022, 07:17:06 AM

Quote from: Abiky on July 20, 2022, 06:11:45 PM

Quote from: cheezcarls on July 17, 2022, 04:01:14 PM

It really depends on how you view it right now. Each one of us has our own perspective regarding DOGE. There are some who are thinking it as funny and useless, but there are others who are thinking it as an opportunity to make money by trading. My second cousin from US was trading DOGE actually because he was intrigued by it. He had a specific target for a low price to buy and then sell it high and waiting for it to go down again to his preferred low price.

If I hadn't sold my 36,000 DOGE back then, I could have pocketed big time during the Elon hype days lol.

Exactly. Not everyone thinks Dogecoin is a joke. There are some people who use it seriously for day-to-day payments. Dogecoin is a cryptocurrency after all. What I don't like about it is the inflation mechanism "baked" into the protocol. This will greatly diminish the cryptocurrency's value over time. You can use it as a day-to-day currency but not as a store of value like Bitcoin. Dogecoin has been doing fine since its inception, so it's likely it'll last a lifetime. Who needs Elon Musk when the community is what led DOGE towards widespread success in its early days? Just my thoughts Grin

The dogecoin hype will soon come back like last year that it got to a very big high as Tesla looking to announce the sell of more bitcoin. Elon musk is still adopting the use of dogecoin on Tesla and this is a boost for the price as soon the bull for cryptocurrency return. Those that sold early are surely having opportunity to pick some bag of doge for another move to high I think so.

Even though it's just a meme, so far we can't deny the popularity of Doge, having a large user community, being applied as a payment method for Tesla...

As a result of last year's hype, Elon contributed a great deal to the success of doge, but even if Elon doesn't appear in the picture this year, doge will still maintain its success and will not die. As long as bitcoin rises and bull season returns the doge hype will return as well.

palle11

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Quote from: Abiky on July 20, 2022, 06:11:45 PM

Quote from: cheezcarls on July 17, 2022, 04:01:14 PM

It really depends on how you view it right now. Each one of us has our own perspective regarding DOGE. There are some who are thinking it as funny and useless, but there are others who are thinking it as an opportunity to make money by trading. My second cousin from US was trading DOGE actually because he was intrigued by it. He had a specific target for a low price to buy and then sell it high and waiting for it to go down again to his preferred low price.

If I hadn't sold my 36,000 DOGE back then, I could have pocketed big time during the Elon hype days lol.

Exactly. Not everyone thinks Dogecoin is a joke. There are some people who use it seriously for day-to-day payments. Dogecoin is a cryptocurrency after all. What I don't like about it is the inflation mechanism "baked" into the protocol. This will greatly diminish the cryptocurrency's value over time. You can use it as a day-to-day currency but not as a store of value like Bitcoin. Dogecoin has been doing fine since its inception, so it's likely it'll last a lifetime. Who needs Elon Musk when the community is what led DOGE towards widespread success in its early days? Just my thoughts Grin

The dogecoin hype will soon come back like last year that it got to a very big high as Tesla looking to announce the sell of more bitcoin. Elon musk is still adopting the use of dogecoin on Tesla and this is a boost for the price as soon the bull for cryptocurrency return. Those that sold early are surely having opportunity to pick some bag of doge for another move to high I think so.

Abiky

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Quote from: cheezcarls on July 17, 2022, 04:01:14 PM

It really depends on how you view it right now. Each one of us has our own perspective regarding DOGE. There are some who are thinking it as funny and useless, but there are others who are thinking it as an opportunity to make money by trading. My second cousin from US was trading DOGE actually because he was intrigued by it. He had a specific target for a low price to buy and then sell it high and waiting for it to go down again to his preferred low price.

If I hadn't sold my 36,000 DOGE back then, I could have pocketed big time during the Elon hype days lol.

Exactly. Not everyone thinks Dogecoin is a joke. There are some people who use it seriously for day-to-day payments. Dogecoin is a cryptocurrency after all. What I don't like about it is the inflation mechanism "baked" into the protocol. This will greatly diminish the cryptocurrency's value over time. You can use it as a day-to-day currency but not as a store of value like Bitcoin. Dogecoin has been doing fine since its inception, so it's likely it'll last a lifetime. Who needs Elon Musk when the community is what led DOGE towards widespread success in its early days? Just my thoughts Grin

cheezcarls

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It really depends on how you view it right now. Each one of us has our own perspective regarding DOGE. There are some who are thinking it as funny and useless, but there are others who are thinking it as an opportunity to make money by trading. My second cousin from US was trading DOGE actually because he was intrigued by it. He had a specific target for a low price to buy and then sell it high and waiting for it to go down again to his preferred low price.

If I hadn't sold my 36,000 DOGE back then, I could have pocketed big time during the Elon hype days lol.

voteformeg

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i think it is a joke but i also made serious money on dogecoin and still i think that i had to buy/mine more when it was at little prices but i also think that it is a bad idea to invest in a coin with elon musk as mascotte

robattfield

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Quote from: Widdop37 on June 18, 2022, 02:11:17 AM

Dogecoin is a good project and elon musk chose it right, I believe that's why Elon supports this project to the core, the problem is when you buying make sure you are buying at a cheaper rate, take advantage of the market condition.

In this market, most coins offer such things as: good for those who have benefited, bad for those who are losing. Personally, I'm not too much of an Elon Musk fan, but I'm happy to benefit from his shilling on Dogecoin, and now that the price is falling, losers will find all sorts of excuses. to openly blame market manipulation. In general, the trend related to Dogecoin all the time has also brought about silly deals in this market; the damn memecoin with a pile of junk after the market dropped.

Widdop37

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Dogecoin is a good project and elon musk chose it right, I believe that's why Elon supports this project to the core, the problem is when you buying make sure you are buying at a cheaper rate, take advantage of the market condition.

Gayong88

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Quote from: luckypenguin on October 27, 2021, 05:27:01 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?

Dogecoin is an altcoin that can be used like any other cryptocurrency, though it's value is still much lower than BTC and ETH or BNB. But it is a fun way to make money in a fast, easy way.

I've seen people buying a couple of hundred thousand Dogecoin, when the price was low, and selling it now when price up. It is hardly possible that Dogecoin is a trick. Of course, this currency is not backed by something real like gold or oil, so it really depends on the faith of users. Obviously, there should be some potential behind Dogecoin to make money.

In my opinion there is no doubt that Dogecoin is real. However, it is unlikely to affect the stability of the other cryptocurrencies. It has its own niche and has a large community that supports the currency. This allows it to continue to operate in an atmosphere that is not very conducive for many other cryptocurrencies.

Miaallen

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Dogecoin making money for its holders is as a result of toy it is in the hand of Elon Musk. You'll remember that Dogecoin started rising in price when Elon Musk tweet about it and dump again when he says nothing for a long time. DOGEcoin increase is not attached to any development that made it attract investors other than pump and dump in attachment to Musk's tweets. You cannot ascribe such token to a way of making money without the other side which brings huge losses.

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Quote from: TheClownSong on May 18, 2022, 08:25:15 AM

Quote from: trendcoin on May 17, 2022, 04:52:51 PM

Quote from: luckypenguin on October 27, 2021, 05:27:01 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 a joke, but a joke that is a way to make money.

It does a great job every bull season. There is a reality it reveals. We cannot deny this reality. So, I think we can try to take advantage of it before the bull seasons. All in all, I think Dogecoin is shit, but it's quality shit.

i think we should try this opportunity, maybe someday elon musk will shill it again and accept as payment in twitter. we never know about dogecoin future, but the thing we know only it have strong community which is could be good early capital. some investors hate this coins due have no utility and high price, meanwhile good project didnt get attention from market.

If you believe it will happen, then don't hesitate to try, DOGE has been moving well when the shill are playing, however, it will only be effective when the market is bullish and at this time, we are seeing the opposite of bullish that's why we are given an opportunity to accumulate, not only DOGE by the way.

Topic: Dogecoin - a joke or a way to make money? - page 3. (Read 2800 times)