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Topic: Exchange Dogecoin for what? (I need advice) (Read 436 times)

full member
Activity: 1190
Merit: 117
March 22, 2021, 06:56:36 PM
#43
Dogecoin is not a bad choice for investment, but when compared to Ethereum it is certainly better Ethereum. If you want to move your Dogecoin
into Ethereum that's fine in my opinion. Moreover, seeing Ethereum's performance has been extraordinary this year, there is really no reason not
to buy Ethereum. You can also don't replace all of your Dogecoin with Ethereum, there's nothing wrong with keeping some of the Dogecoin you have.
Considering that Elon Musk often shills Dogecoin, so in the future there is a possibility that Dogecoin can pump up again.
sr. member
Activity: 573
Merit: 250
Hey everybody,

I've just found an old wallet with thousands of dogecoins inside.

Since I'm a newbie, I would have some advices about exchange with others Altcoin. I was  thinking about exchanging my XDG for ETH. Is it worth? I should keep my Doge or exchange with other coins?

Thanks for help
Although you are new to us, you must know that we're all talking about the future as our old experience, which experience will never be equal. Here I think you should sell Dogecoin to buy other altcoins even though I know that Dogecoin will go further. What I'm trying to predict is that making a huge pumped coin won't pump huge next time.
full member
Activity: 756
Merit: 100
People bought Doge and now they don't know what to do with it. Although this is strange, it was obvious from the very beginning that the Dogecoin coin had no chance of catching up with more or less promising projects. Indeed, the market is rich in decent coins with low capitalization, but nevertheless with a chance for price growth and development.

And what does Dogecoin have to offer to its users? Consistently low ratings? Or occasional spikes following Mr. Musk's tweets? And when Tesla's creator will again think about Doge.  Huh
hero member
Activity: 756
Merit: 501
Quote
Last Active:    February 25, 2021, 06:13:17 PM
He probably sold already, so stop spamming your signatures.  Roll Eyes
legendary
Activity: 3248
Merit: 1055

Never sell your dogecoins. If you are thinking of converting it to other digital currencies, why not move to bitcoin, which is both more stable and rising in price?Or if you are looking for more profit why not buy Harmony (ONE)? Have you looked at the chart?




But given the conditions of ETH and its high fees, I recommend that you do not buy it or think about buying a lot of it.


he already gained with doge which i guess the wallet is a very old one. i think its his old wallet that he had forgotten a long time ago.
since you see doge had already gone up, he should just keep the doge for longterm because it's certain to be going to run up again. it's not as if the coin is useless, we all are using it on casinos and there are even businesses accepting doge.
sr. member
Activity: 1638
Merit: 251
May i know why you want to exchange your dogecoin ? If it is from old wallet, then you already have the profit from it.
You can take your profit by selling your doge to USDT, although it will be a different story if you want to re-invest your profit.
Maybe the best choice is BNB coin. BNB coin will be burned over time and that will makes the coin price higher.
sr. member
Activity: 2212
Merit: 254
Top-tier crypto casino and sportsbook
Too much speculation and with how Musk brings the hypes, it's better to split your assets, having thousands of Doge as OP stated sell some while hold also some portions of your wealth.
The OP is holding a mere thousands of doge and it is not a huge amount, let him keep that for the long term and then book the profit than splitting them up, if you were holding even hundred thousand Doge then you could have sold a bit and wait for the right moment to sell the rest but since it is thousands it does not make sense as the valuation is below $80.


I would still sell at least 50% of the DOGE and exchange it for BTC, ETH, BNB,... These coins are a better fit to hold longterm and will probably have a better ROI than just holding all your DOGE. With the rest of the DOGE, you can wait for another pump and than sell some more.
jr. member
Activity: 100
Merit: 1
for me you can exchange 40% to stable coin like usdt, and 40% to eth, btc, bnb, while the remain 20% should remain in doge coin, with that you can play safe and still earn profit on the longrun. 
member
Activity: 274
Merit: 10
Your Data Belongs To You
DOGE seems to be missing Elon Musk's tweets at the moment. In fact, there are millions of coins on the market that are superior to DOGE. It's preferable to turn to a new coin. I am unable to provide investment advice. But, in my opinion, BNB, One Peace, and Cosmetic Atom are the easiest projects to follow. This is not, once again, tax counseling.

I think the easiest way is buying coins of exchanges like BNB, FTT, KCS, Huobi etc. I expect bnb to go up till 400 usd. when Huobi coin  hits the bottom i will also buy it.
sr. member
Activity: 1820
Merit: 418
Telegram: @worldofcoinss
Hey everybody,

I've just found an old wallet with thousands of dogecoins inside.

Since I'm a newbie, I would have some advices about exchange with others Altcoin. I was  thinking about exchanging my XDG for ETH. Is it worth? I should keep my Doge or exchange with other coins?

Thanks for help

People here can only suggest you altcoins but please do your own due diligence on the coins before investing in them. After being on this forum and seeing people scamming, I can say most have their own agenda to promote this include their altcoin.
So be wise and choose carefully.
hero member
Activity: 2002
Merit: 535
Too much speculation and with how Musk brings the hypes, it's better to split your assets, having thousands of Doge as OP stated sell some while hold also some portions of your wealth.
The OP is holding a mere thousands of doge and it is not a huge amount, let him keep that for the long term and then book the profit than splitting them up, if you were holding even hundred thousand Doge then you could have sold a bit and wait for the right moment to sell the rest but since it is thousands it does not make sense as the valuation is below $80.
sr. member
Activity: 1876
Merit: 437
Catalog Websites
Hey everybody,

I've just found an old wallet with thousands of dogecoins inside.

Since I'm a newbie, I would have some advices about exchange with others Altcoin. I was  thinking about exchanging my XDG for ETH. Is it worth? I should keep my Doge or exchange with other coins?

Thanks for help

I mean even though DOGE Coin is kinda trendy and being hype by Elon Musk I wouldn't really hold this token at all or invest in it since it more like a gamble because it doesn't have any utility.

I'm thinking where Elon Musk could give the DOGE coin a utility like for example DOGE coin can be used buying a Tesla unless Elon doesn't really care and just hyping the token, it just too risky if you consider it as an investment to earn a good profit.

For me, it's better to hold other altcoins than this DOGE coin, something like BNB, ETH, ENJ, CHZ, MANA. something that is hot at the moment would give a lot more better when it comes to profit and for long term investment.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
It's better if you can exchange your doge with top 100 CMC. As far as i know if the future of dogecoin is not so good as the speculator said. Eth is a better choice to be used as long term hold rather than doge coin. I think that doge coin is totally over valued and it has unlimited supply. Doge is getting pumped now due to the elon musk's tweet but we don't know whether this pump can sustain more than 1 quarter.
More supply goes to the market means dump.

is DogeCoin leaving in the near future? it looks like it is close to that speculation. We really can't expect much more for DogeCoin, the fact is they do too many horrible pumps. as a result the signs of the decline continued. but all can not be predicted with accuracy, the CEO of Tesla always makes conspiracy theories for followers, most of whom are dominated by DogeCoin holders with Elon Musk magic tweet. and the right decision for holders of large amounts of DogeCoin such as OP, then immediately exchange them with coins that are much more valuable in the long term.

Too much speculation and with how Musk brings the hypes, it's better to split your assets, having thousands of Doge as OP stated sell some while hold also some portions of your wealth.

There are lots of advise that's being brought here, try to look for what you think is best for your money, even you just find something really good, a fortune in disguise as the value of Doge is really awesome by now.

Take your money as you deserve to enjoy the luxury.
sr. member
Activity: 2268
Merit: 275
It's better if you can exchange your doge with top 100 CMC. As far as i know if the future of dogecoin is not so good as the speculator said. Eth is a better choice to be used as long term hold rather than doge coin. I think that doge coin is totally over valued and it has unlimited supply. Doge is getting pumped now due to the elon musk's tweet but we don't know whether this pump can sustain more than 1 quarter.
More supply goes to the market means dump.

is DogeCoin leaving in the near future? it looks like it is close to that speculation. We really can't expect much more for DogeCoin, the fact is they do too many horrible pumps. as a result the signs of the decline continued. but all can not be predicted with accuracy, the CEO of Tesla always makes conspiracy theories for followers, most of whom are dominated by DogeCoin holders with Elon Musk magic tweet. and the right decision for holders of large amounts of DogeCoin such as OP, then immediately exchange them with coins that are much more valuable in the long term.
hero member
Activity: 2492
Merit: 542
BNB, UNI, ETH, DOT, LINK, ADA and finally BTC this are the coins that I recommend in exchange to DOGE but if you have thousands DOGE I will also suggest to hold some of it like 10%, We never know if this coin will explode again in the coming months so just hodl for long term remember we are still in bull market and alt season is imminent. 
member
Activity: 812
Merit: 10
DOGE seems to be missing Elon Musk's tweets at the moment. In fact, there are millions of coins on the market that are superior to DOGE. It's preferable to turn to a new coin. I am unable to provide investment advice. But, in my opinion, BNB, One Peace, and Cosmetic Atom are the easiest projects to follow. This is not, once again, tax counseling.
full member
Activity: 573
Merit: 100
Futurov
February 28, 2021, 02:26:41 PM
#27
If you are satisfied with the present gains from dogecoin I suggest you change them to USDT or other stable coins, don't expect that dogecoin will keep growing higher, there will be bear season sooner or later, be prepared for that
This is right. The fact that the recent pump of dogecoin is very confusing, we should not put so much trust on it. The best way to do is to exchange your dogecoin to those stable coins like eth, btc and usdt. Bitcoin is expected to reach $60k ATH this year 2021.
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
February 28, 2021, 02:16:31 PM
#26
~snip
Since I'm a newbie, I would have some advices about exchange with others Altcoin. I was  thinking about exchanging my XDG for ETH. Is it worth? I should keep my Doge or exchange with other coins?
~snip
How much is the total worth of Dogecoins which you found in your old wallet. Since the price of doge coin is low, even thousand of doge coin wont give you much amount in usd to buy a large quantity of ethereum. I will suggest that you buy Ada. Althogh the ada price is around 1.3$ but it can likely go to 3 -5 dollars in next few months if the market recovers.

actually, if you have found a wallet with XDG coins, that is hardly DOGE, since XDG is an exchange used symbol, so you cannot find that in your wallet
you could find those on Kraken exchange for example, but than you had actually found an exchange account, not old wallet

nevertheless, it is the best to use your own analysis and try what to buy for that
full member
Activity: 1358
Merit: 100
February 28, 2021, 01:13:46 PM
#25
You can hold your doge for many years, you can make profit of it but it's better to exchange in some altcoins that has real project because you can gain more profit in the future than holding dogecoin. ETH, DOT, ADA and BNB are good investments so choose one of these altcoins.
member
Activity: 368
Merit: 24
February 28, 2021, 12:51:23 PM
#24
bitcoin or Monero
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