Dogecoin or Digibyte coin? Should I exchange them?

jrrsparkles

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Quote from: lorol on April 09, 2021, 09:14:05 PM

Hello. Basically I expected the digibyte to increase more. Obviously the digibyte follows the bitcoin but usually with higher earnings. In the previous bull run even more than x100. Dogecoin, on the other hand, which in the previous bull run had barely made a x10, now, with a bull run of bitcoin just started and with a bull run of the altcoins barely started, has made a x15 despite the monetary circulation being much wider than the digibyte. Why has doge risen so much? Speculation? In this bull run, as soon as the price of bitcoin rises again, will the dogecoin of a x15 still grow? And will the digibyte grow more? I have my money on the digibyte. I made a good profit. But now I could move them all to the dogecoin. Maybe I'd make more money than keeping them on the digibyte in this bull run?

Now Doge coin is accepted by most of the community so don't compare it with previous bull run movements, it is now a celebrity like coin. Tongue

mindrust

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Quote from: lorol on April 09, 2021, 09:14:05 PM

Hello. Basically I expected the digibyte to increase more. Obviously the digibyte follows the bitcoin but usually with higher earnings. In the previous bull run even more than x100. Dogecoin, on the other hand, which in the previous bull run had barely made a x10, now, with a bull run of bitcoin just started and with a bull run of the altcoins barely started, has made a x15 despite the monetary circulation being much wider than the digibyte. Why has doge risen so much? Speculation? In this bull run, as soon as the price of bitcoin rises again, will the dogecoin of a x15 still grow? And will the digibyte grow more? I have my money on the digibyte. I made a good profit. But now I could move them all to the dogecoin. Maybe I'd make more money than keeping them on the digibyte in this bull run?

Past performance doesn't guarantee future performance. It could be a coincidence that DGB followed bitcoin. Maybe next time it won't. There were many other coins acted the same way and now some of them are dead.

Right now Doge is backed by Elon's tweets. What if Elon decides to dump his position and like some other coin? Risky imo.

DaMut

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Dogecoin is already high enough and its price movement is purely based on Elon musk which means it is not a good investment. on the other hand, Digibyte has a solid technology and it is intended to serve as a Blockchain instead of a meme. that explains Digibyte has more potential compared to Dogecoin.
another point that we need to consider is Digibyte has yet to surpass its Ath while Dogecoin already surpassed it.
Those two points above are enough for me as a reason to choose Digibyte than Dogecoin.

makishart

legendary

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If you can go for both and why not? The problem is even doge is a memecoin but it has massive demand it's a bad decision to exchange this for another coin as doge is always getting shilled by elon musk. It's dilemma to pick which is the best from both consider doge and digi have the same potential to go to the moon when bitcoin gets another pump again.

I personally will try to pick both if i were you.

Mpamaegbu

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Once a man, twice a child!

Go for Digibyte. I has a capped 21billion in max supply while Dogecoin is infinite. It's not as if tokens in infinite supply don't do well but for the fact that the only thing driving Doge price up now is Elon Musk's support for it. Invariably, what that means is that a single negative tweet from Elon will inadvertently drive Doge to its grave. You don't buy a token like that in a bull run as that is a bigger risk to take than when you buy it during a bear season.

dhemasm

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Quote from: lorol on April 09, 2021, 09:14:05 PM

Why has doge risen so much? Speculation?

Speculation with some big push, First Tiktok Pump last year after that Elon musk Tweet and support to doge.

Quote from: lorol on April 09, 2021, 09:14:05 PM

And will the digibyte grow more?

Digibyte much better on every aspect compared to doge and it's still have some room to grow in the next bullish run

Quote from: lorol on April 09, 2021, 09:14:05 PM

Maybe I'd make more money than keeping them on the digibyte in this bull run?

Split it to doge (Maybe 50%), Digibyte for long-term investing and doge for some scalp and short trade.

btcsmlcmnr

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Digibyte if you want to all in for one coin. It can be good or even better if you split your capital. 70% for Digibyte and 30% for Dogecoin. You will not miss any rise of two coins. They can rise at same time or one will rise first. We don't know when it will rise as upgrades and news are managed by internal teams. Or influencers will make tweets to shill projects whenever they want.

lorol

jr. member

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Hello. Basically I expected the digibyte to increase more. Obviously the digibyte follows the bitcoin but usually with higher earnings. In the previous bull run even more than x100. Dogecoin, on the other hand, which in the previous bull run had barely made a x10, now, with a bull run of bitcoin just started and with a bull run of the altcoins barely started, has made a x15 despite the monetary circulation being much wider than the digibyte. Why has doge risen so much? Speculation? In this bull run, as soon as the price of bitcoin rises again, will the dogecoin of a x15 still grow? And will the digibyte grow more? I have my money on the digibyte. I made a good profit. But now I could move them all to the dogecoin. Maybe I'd make more money than keeping them on the digibyte in this bull run?

Topic: Dogecoin or Digibyte coin? Should I exchange them? (Read 88 times)