Topic: Hodl or change? - page 2. (Read 774 times)

sorry but where can i check about dogecoin breaking 1$ ? i believe that bullrun had already passed multiple times but Doge did not even make it to 80 cents?

sorry but i don't think this is a good advice for a currency that we don't even see the usage in any aspect aside from being a pump and dump meme coin.

but practicality talking , best to convert the funds into Bitcoin instead of staying in shitcoin like Doge.

you have to be prepared with the risk of having doge coins. i think nothing special with doge except hype from elon musk. if you are already stuck in high price i think its better to change to another coin and double the profit there than in doge coin

You don't have to wait for the price to recover, or sell it by buying another coin. You can make short term trades. Even though the price is still low, you will get an increase in the number of coins with short-term trades. So when the price recovers, you will benefit from the number of coins you have.

If you already bought Dogecoin, i will advise to hold. It can go to 1$ in this bull run. Dogecoin is facing some hype problem abd people interest is little bit low at this stage. Once breakout come we can expect good rally lime Shiba.

If I were in your position right now, I would definitely sell it when the ATH price drops 30%. but now it's different you still hold on even though the price has dropped too far from ATH, there's no reason to sell it especially now that Bitcoin has got new ATH again at this time, so just keep what you have believed from the start.

If you already made a profit on DOGE I suggest you just order your profit and change it to a better optional coin. However, you may still keep some but make sure you've taken all your capital with at least a little profit from it, so you don't curse yourself the next time it gets dumped again.

Dogecoin will have one more chance before the bull market season ends! Buying the top in the Cryptocurrency market may be unforgivable. Why, most of the time, purchased altcoins may never rise to that peak. There have been many instances of coins being pumped and never returning to their ATH. Coins like EOS, XRP, NANO have all pumped up to $18, $3, and $25 respectively now, you can see where the price is!

What coin will you hold for a very long time like that? because bitcoin is enough during the halving period, it will reach renewable ATH.

obviously holding, is a pretty good thing but it's also worth looking at the coin and the timing it will do. obviously with a very long time like 5-10 years is a very ineffective thing to do. only once every 4 years (halving period) there will be a sharp increase and you can do that.

After selling it when you get the profit you want (not greedily) then you just have to wait for the correction to be ready to buy, immediately return to hold it for a period of 4 years again.

it seems for a time like 5-10 years you are clearly right, this is too long. we know that the nature of bitcoin is that when it has entered the halving period there will be a sharp increase (renewable ATH occurs) before finally there will be a correction again. but it will only happen once every 4 years not as long as stated.

the crypto market is clearly unpredictable and can always change quickly but the halving period is a certainty and always happens and the same has happened and bitcoin has experienced 2 halvings and last year the third halving.
so this year is an increase to achieve renewable ATH compared to past ATH.

But why keep holding the coin? You can do all of that while you sell your dogecoin and hold bitcoin instead, then when SHIB begins to go down as people lose the excitement they had over the coin and they begin to invest in dogecoin as you are predicting then you can do the same and still obtain most of the benefits of this upward movement of dogecoin without any of the risks, because in the case dogecoin drops and your prediction is wrong you are still holding bitcoin and you are protected from that crash.

That's too long but this is applicable to the best cryptos in the market including bitcoin and ethereum. I have the assurance with the top coins but if you're going to hold for the unknown cryptos in the market and you've just chosen them lately, you don't expect a lot from them for that long or you become lucky with them. It's hard to know since the market is very volatile and there are cryptocurrencies that we can't know what the future holds them.

He invested when the price was at an all time high according to him and until and unless there is a major correction in the market there is no point in selling at a loss. If he invested a couple of hundred dollars then it is better for him to hold rather than to sell off right now. I am not having very high hope for its rally but then it is the cryptocurrency market and anything can happen.

a question that maybe there is a sense of hopelessness that can happen with coin doge !! Of course all have their own predictions and it is possible that what is predicted will make a correct analysis, but it can also be incorrect. so everything is based on decisions that have been carefully predicted.

but if you want to switch to another coin, of course it is an action that can be positive with what you will do. analyzing first before moving to another coin is certainly necessary, because we know that at the end of the year there will be an alt season. where there are a lot of altcoins that will increase by many times from now, so it's not a bad thing to move.

if we look at the movement of doge in 2021, we need appreciation because in May can make ATH $0.731578 , of course this is a very extraordinary increase. If we look in the mirror with the price when it just entered the stock market, it is clear that the increase is very significant. but it's a shame that coin doge is indeed very prone to dropping drastically, because of that many don't want to take too long to save it.

If you look at the developments this week, I have to admit that what you say is true, that there has been a considerable increase from Coin Doge. but overall when compared to their last ATH, coin doge actually experienced a fairly high decline of -59.4%.
Of course, this decrease is very far compared to other coins, such as the same coin as DOGE, namely SHIBA, only at -11.8%.

if there is an alt season at the end of this year, then to move coins for a while of course it is very wise to do because you want to get more surprises. if you only invest in doge, you can be sure that the value of the profits you will get will be smaller. so stay wise in taking action by analyzing it well first.

Why lose hope in Dogecoin? Isn't Dogecoin this week has increased by more than 25% for its price, so good hopes for Dogecoin will continue even though a long time is still needed to be patient with Dogecoin.

This must be answered first before we move to the next level in which exchanging the Doge for other altcoins, if he managed already to earn then it is reasonable to jump into another chances in different currencies .
But still Doge seats in highest form , from peanut now stating position at 20 cents and up , this makes the holders stays because of the Hope for another ATH sooner.

Did you profit already or had losses for buying at peak price? If the latter is the case then for me I will hold for the meantime until I get back my initial capital. Then switch to other altcoins that has more potential and utility.

We know Doge is a meme coin and it experience to hype and reach ath because of Elon. Its a risky investment hence I wont hold longer unless im still at loss and need to get it back before exiting.

In the end, we ourselves have to decide whether to keep our Dogecoin or replace it with other coins. I am one of those people who suggested
selling Dogecoin immediately and replacing it with other coins. Since we all know that meme coins don't have a clear function, after all,
Dogecoin was originally created just for joke. So it is very risky if we hold Dogecoin for too long, there are many other coins that are better
and can provide large profits. Sometimes we have to dare to take action to make a cut-loss, in order to avoid a bigger loss. But the best thing
we have to do is do our own research and analysis, so that we are more confident in the decisions we will take.

Dogecoin has been making a good price increase these days so you don't have to change or swap it into some other coins as there are chances that dogecoin will grow more knowing it has a good community from the start. But if you think that dogecoin  will suddenly dump once its hype will be over, because i think it will still be possible, then think twice. After all, you are responsible with your own investments so do what you think is right and will be better for you.

Lets say that someone is you. Now what you will do depends on YOU. You bought when the price was high. You did that because you were expecting it to go even higher. So if you invested money that you could afford to lose, then keep holding till you have reached your profit goal. If you have invested money that you can't lose, then cut your losses short. Exit with whatever you have. You shouldn't have invested in the first place. And now if you can afford to lose, but you see that other coins might give you better opportunity, then swap your coins to those coins. You don't have to keep holding.

To hold for Dogecoin is not just you are wasting your time but your money as well. It rather has to divert it to another crypto than wait for long. A lot of coins have the potential, Dogecoin is just a meme coin, although it showcases a huge pump because of Elon Musk, I'm in doubt if that be going to happen again, that was really uncertain. So before it was totally has gone, it was a great move to sell it and invest in other coins. We should not hope that Elon Musk will get back and make some market hypes again, seems so hopelss.

Good idea. Doge hype seems already over, so there is no need to hold Dogecoin. You are right, if he wants to have crypto assets, he is better to buy top coins such as Bitcoin, Ethereum, Cardano, Solana, Ripple, Stellar, Tron, or etc.

There are still some people who want Doge, that's why Doge has volume on the market now. It means Doge still has some transactions, some people should still buy-sell Dogecoin. However, it is not as massive as before, most people think Doge isn't very profitable to trade/hold anymore. I also think the same, Doge hype is no longer good.