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Topic: Dogecoin - a joke or a way to make money? - page 4. (Read 2818 times)

member
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Out of a total of 20,000 coins Dogecoin remains solid in 10th position after the storm. If we take into account that these currencies are stablecoins or technologies that go beyond an exchange currency. Dogecoin is in the third position after Ripple.

If we discard Ripple due to its decentralized and private features, Dogecoin is the second most important and popular pure coin. It is the reasonable alternative to Bitcoin, more informal, more accessible, with cheaper transactions, more manageable amounts, and inflationary. It is not intended to compete with Bitcoin, but complementary.

hero member
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Well, it's a meme token and if big tokens like LUNA could go down to zero than doge was nothing in front of luna and it could also collapse, as it's not powered by any pegged token well there are many factors like elon who could take it down, Maybe some people bought it on the hype when elon announced to buy twitter and now the deal is on uphold due to share problems, https://www.wsj.com/articles/elon-musk-tweets-that-twitter-deal-is-temporarily-on-hold-11652436335

Details can be seen here,
sr. member
Activity: 1428
Merit: 251
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. Smiley 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. Smiley
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.
legendary
Activity: 3220
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DOGE is a great tool for short-term speculations but definitely not a good one for long-term investment. Although it's backed by the richest man in the world so it might have a bright future.

Exactly. Only a fool would think Dogecoin holds the key towards untold riches. It was never meant to be taken seriously in the first place. With a high supply and abandoned development, Dogecoin only serves as a short-term investment than all the other way around. Elon Musk is just backing DOGE in order to get what he wants (which is pumping the coin to cash out big profits). If people think that DOGE has a bright future because it's backed by Elon Musk, then we're off to a bad start.

There are a lot of worthless "meme" coins on the market that came after the DOGE craze. Whenever they'll survive or not will depend on mainstream demand. What ultimately matters is not how much money you'll make with crypto, but rather what you can do with it. As long as there are real use cases for Dogecoin, nothing else matters. Just my opinion Smiley
hero member
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I think that dogecoin it is good manipulative instrument! its price keeped just on news and words of influencers!
You can do both if you're just in the course of things. If influencers go noticed then trade it in the short term for gains, though it's a risky as it seems always. But wait, this doesn't to be the case now: https://www.benzinga.com/news/22/05/27211462/vitalik-buterin-sends-dogecoin-foundation-500-ethereum-coins-worth-more-than-1m Times do change and perhaps so does to Dogecoin, it may have been started as a joke but somehow others are paying attention now and getting serious.
legendary
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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. :)
jr. member
Activity: 658
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I think that dogecoin it is good manipulative instrument! its price keeped just on news and words of influencers!
member
Activity: 244
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l was surprised when i opened my excange when the price was high, i had forgotten that l had a doge in 2018, when i opened it, l was shocked and my body turned cold, is it true the price of doge or l got the wrong eye, it really happened and the price is right, doge has make me successful, and produce, as a result of long-term hold, I used to always dream of success with ETH and BTC, Doge who gave success and became my working capital in the real world.
legendary
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lot of people are trapped there & still maintaining, actually I still feel there is no pump, then this is a small hope

Feel bad for them who buy doge from the peak & still troubling to recover capital currently for this bearish.but another opportunity might be come soon. As elon will buy twitter and he stated not to sell doge. It indicates he's still backing dogecoin, even continue promoting and so it seems doge wiill make hype again when need. Community also develop and giving efforts to come out from memecoin's list but i don't support the idea to purchase any memecoin for long timeframe.

It's not impossible for DOGE to recover, this coin has been surviving for many years, so I don't doubt its chance to rise again. Doge has Elon as its backer, as long as we will wait for the right time, and the bull run will come, we can expect a decent profit if we will try to accumulate now. But of course, you know you are taking the risk, so it's up to you.
full member
Activity: 799
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lot of people are trapped there & still maintaining, actually I still feel there is no pump, then this is a small hope

Feel bad for them who buy doge from the peak & still troubling to recover capital currently for this bearish.but another opportunity might be come soon. As elon will buy twitter and he stated not to sell doge. It indicates he's still backing dogecoin, even continue promoting and so it seems doge wiill make hype again when need. Community also develop and giving efforts to come out from memecoin's list but i don't support the idea to purchase any memecoin for long timeframe.
jr. member
Activity: 658
Merit: 1
It dont have some smart idea or importants services, of course it is product of PR and looks like big scam! be careful!
member
Activity: 382
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DOGE is a great tool for short-term speculations but definitely not a good one for long-term investment. Although it's backed by the richest man in the world so it might have a bright future. 
It seems to me that in today's market situation, even Elon Musk will not save. But, if they figure out how to tie Doge to Twitter, then something interesting might turn out.
full member
Activity: 378
Merit: 101
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DOGE is a great tool for short-term speculations but definitely not a good one for long-term investment. Although it's backed by the richest man in the world so it might have a bright future. 
hero member
Activity: 2814
Merit: 526
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you could even say it's the second coin after Bitcoin, until now Doge is still everyone's favorite,
It is not my favorite.
And also it's not the second after Bitcoin in terms of release and also we don't talk about some other coins right here because it's going to be a lot aside of those coins in the wiki:


https://en.wikipedia.org/wiki/List_of_cryptocurrencies

because Doge has blockchain which is more efficient than others, this is why I can call it Doge not a joke
That is true, some people using Dogecoin to send the coin from other stuff because Doge has low fee transaction and has faster confirmation compared to other coins on that day, I do use it sometimes for some quick transaction and for some low fees transaction with small amount of money. But still, don't forget the fact that coin can be made as a "joke" at first but how they manage to survive it on the market is different story to tell.
full member
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Some time its seemed to be a joke but whenever we think it's joke it's price become high and more higher than we think . So if you buy in the dip you well get so much profit. And can make money .
hero member
Activity: 2814
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Undeads.com - P2E Runner Game
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?
As a coin it was a joke, but let's be real here this token was giving some profit on some people at the right time so it was a really great opportunity for us to actually making profit for once at that time. Although the opportunity won't last longer and it falls like the other meme coins in the market currently, people still waiting for someone "influencers" to actually make this thing hype again.
legendary
Activity: 2072
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Dogecoin may seem like a joke to people but I think it's a good project to make money. DogeCoin was in a very bad position at one time.Then there are those who have invested in dogecoin without a price increase overnight, they have become millionaires.It is very difficult to say in cryptocurrency what a project is at any given time. I think long-term investing gives people a lot at a time.Once upon a time dogecoin were a joke but now there are no jokes so you can definitely invest in long term to earn money without any hesitation.

it has been considered a joke since its launch and doge is only used by a community because of its relatively cheap fees and fast transaction. Doge only really became interested in the crypto community when it was mentioned by Elon last year and now it is becoming more prominent with Elon's acquisition of Twitter. The future of doge is still unclear but if Elon integrates doge into twitter ad payments I think it will go to the moon and make a lot of people rich.
hero member
Activity: 2268
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Dogecoin may seem like a joke to people but I think it's a good project to make money. DogeCoin was in a very bad position at one time.Then there are those who have invested in dogecoin without a price increase overnight, they have become millionaires.It is very difficult to say in cryptocurrency what a project is at any given time. I think long-term investing gives people a lot at a time.Once upon a time dogecoin were a joke but now there are no jokes so you can definitely invest in long term to earn money without any hesitation.
Dogecoin is a meme coin which is created for that sole purpose but the creator didn't think that it will become trending until it is now widely used for many casinos option for withdrawal and deposit. It depends on the person's capabilities that will show rhe result if you will become a millionaire or not at all.
sr. member
Activity: 994
Merit: 441
Dogecoin may seem like a joke to people but I think it's a good project to make money. DogeCoin was in a very bad position at one time.Then there are those who have invested in dogecoin without a price increase overnight, they have become millionaires.It is very difficult to say in cryptocurrency what a project is at any given time. I think long-term investing gives people a lot at a time.Once upon a time dogecoin were a joke but now there are no jokes so you can definitely invest in long term to earn money without any hesitation.
full member
Activity: 1428
Merit: 120
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Also if Elon musk started to make some big announcement about dogecoin, we can see people again buying dogecoin and it will pump.
Massive community response is a positive for Doge but if the community is being manipulated by influencers like Elon Musk, or he's going to tweet about what's bad with Doge, I'd like to see that response.  Will Doge integrate the next widget into twitter?  Anyway, everything in crypto is not so fair.  Doge can be the most interesting coin in both ways: manipulative and tedious.  Lol
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