Hodl or change? - page 6. | Bitcointalksearch.org

Quidat

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Quote from: hack3rcon on October 20, 2021, 07:19:50 AM

Hello,
If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap?
Any idea welcomed.

Thank you.

Your call because its your money to play on but considering that we are talking about swapping then of course it will vary or depend on the value of those coins plus consider out those fees
involved because you cant really just make out swaps without considering those factors because fees will really be that much of a problem if those trades turns out to happen.
But if you do saw that you could actually make out some advantage or profitable for you then go ahead because you wouldnt know unless you do try.

imamusma

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Quote from: kurniawan05 on October 20, 2021, 10:05:42 AM

I think it's better to hold other coins besides Doge, it seems that Fomo Doge depends on Elon's tweets, not based on technological developments or the real use case and Fomo Elon Musk seems to have ended.

Before Elon Musk made Fomo on Dogecoin in the past, who supported Dogecoin so that Dogecoin is still in the cryptocurrency which was later known by Elon Musk, because if Dogecoin could have died in the past, then I believe Elon Musk will not be able to recognize him at this time.

Dread Pirate Roberts

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Quote from: hack3rcon on October 20, 2021, 07:19:50 AM

Hello,
If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap?
Any idea welcomed.

Thank you.

this is your own decision.when you say when the highest price is what? $0.60+ ? if you believe that one day there will be a new ATH for doge just hold . if you have minus 100-200% on coin doge. maybe I'll just be the holder. after all even though doge is a meme personally i think coin this coin still has the possibility to go up again. although this is likely only the hope of a desperate person.

yhiaali3

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For me, I find the second option better, if I buy any coin at a high price, I prefer to sell it at a low price and exchange it for another coin and sell and buy until I make up for the loss that I got because it may take a year or more for the coin to return to the purchase price and during this time Maybe I made up for a loss and got some extra profits.
Some people prefer to wait a year or two and do not think of selling the coin at a price lower than the purchase price. Of course, each person has a different thinking that suits his personality, and you have to make the decision that suits your personality.

Wahyuihib

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Quote from: smartaction on October 21, 2021, 10:50:27 AM

Quote from: hack3rcon on October 20, 2021, 07:19:50 AM

Hello,
If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap?
Any idea welcomed.
Thank you.

If you are self-sufficient in your personal life and if you have enough money to run your daily life, I will tell you to hold it until your target is met. And if you are a trader, you can sell it and trade with something else. Because Doge can take some years to build a new ATH again. Which is a matter of a lot time

I also have the same thoughts as you, because I want to get profit from trading. it's just that I don't have a target at a certain price. the important thing is that I get a profit as a capital for the daily trading activities I do

smartaction

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Quote from: hack3rcon on October 20, 2021, 07:19:50 AM

Hello,
If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap?
Any idea welcomed.
Thank you.

If you are self-sufficient in your personal life and if you have enough money to run your daily life, I will tell you to hold it until your target is met. And if you are a trader, you can sell it and trade with something else. Because Doge can take some years to build a new ATH again. Which is a matter of a lot time

Fivestar4everMVP

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Well, if i was you, I probably would have sold it a long time ago, or are you one of those holding and hoping it gets to $1 usd? If you are, well then, I suggest you keep holding, just like a member already said here, it might pump again ones bitcoin and other major coins like Ethereum and binance coin stabilizes, maybe an altseason is coming which might push its prices a bit to the upper level, but as you know, crypto currencies are highly unpredictable, so, continue to hold at your own risk, final decision is up to you to make.

jrrsparkles

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Quote from: hack3rcon on October 20, 2021, 07:19:50 AM

Hello,
If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap?
Any idea welcomed.

Thank you.

It depends on your personal preference, since you mentioned you bought it at highest price so you are going to lose value when you sell it for lower so you can keep HODL doge until you make profits. Or if you convinced that swapping to the other coins seems best then just go for bitcoin and avoid the hyped ones.

blockman

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Quote from: JeffBrad12 on October 20, 2021, 05:37:19 PM

It's better to wait for it until it will be going back again to the entry point.

It will take him time until he manages to get that return from his entry point at the peak of Dogecoin. If he has bought at the top then the price is around $0.68 - $0.7 and that's a lot of deficit from the current price that we have. I don't think that Dogecoin will reach that high again although nothing is impossible in the market where we are right now because a lot of things can trigger it again including Elon's force to increase its price for his tweets but I'm not confident about it.

Doell

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change to another altcoin it will give you profit but still on your personal analysis if you want another altcoin ,instead of having to wait when doge will pump again it put your in endless traffic jam ,and if you want doge again then buy it but at a better price below the price when you sold it

JeffBrad12

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Quote from: hack3rcon on October 20, 2021, 07:19:50 AM

If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap?

It's better to wait for it until it will be going back again to the entry point. I should remind you that when you're selling your tokens at the bottom price and that means you have been deciding to lose your money. If you have not yet sold your tokens and then you're still having a chance to recover your money from the bottom. The scenario is when you're deciding to sell your doge to buy another token or coin at the peak price and then what will be happening when the price of your new token will also go down like doge coin? You must have learned how to enter into the right coin. Your explanation has been giving a clue if you can't even determine when the best time to enter the crypto. You must think again.
If you're taking the wrong decision and this will be giving a big impact on your portfolios as it will be decrease gradually

Cafex

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You shouldn't be expecting a huge amount of increase very often in projects like the ones don't have a tangible solution to a problem. Projects that are made just for fun aren't very likely to rise many times in the long run. Dogecoin is a meme coin and it is no different than the type I mentioned. It increased a lot thanks to Elon Musk in the end. If it weren't for his support, I wouldn't expect it to rise and cling to the current level for a long time. So I wouldn't keep big amount of Dogecoin. I would prefer promising projects instead.

AmoreJaz

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Quote from: nira09 on October 20, 2021, 12:20:05 PM

Quote from: hack3rcon on October 20, 2021, 07:19:50 AM

Hello,
If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap?
Any idea welcomed.

Thank you.

I don't know exactly at what price you bought DOGE coin and what percentage of the money you used to buy DOGE. But if you look at the current DOGE price, it's better for you to hold it and buy again, so if later the DOGE price returns to the peak of the price you bought, you can sell it and still benefit from the 2nd purchase.
If you want to sell at a loss and shift your investment to another coin, better think again, lest you buy another coin without careful calculation, otherwise you will lose a second time.

if he believes that there will be pump in the future, if in case elon decides to hype it up again, then hold it and wait for that moment. because if the OP is saying he bought it at the highest price, which is about 73 cents, then he's losing a lot if he will sell it today. because more then likely, this will be mentioned again by elon in his tweets.
before he said, he's working with doge team, so you just hope there will be next round of hype here. but if you are losing patience, you can always convert it to top alts like btc. this is the dilemma of those who jumped on hypes. you can never be sure of the future of the coin. but the good thing with doge, is it will not disappear just like most pnd coins, because it is an old alt, it can just go back to its old price but it will not disappear from the market.

sonmezmstf1978

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Hello there,

It doesn't matter which crypto you buy. if you bought high and krypton is falling you will definitely wait. you need to buy new cryptos with your new capital and balance the situation. If you sell the crypto you lost, your loss grows like an avalanche.

$crypto$

legendary

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Doge is always hyped by Elon Musk and there is no sign of whether this will happen again with the Doge coin, so I think it's more like swapping it for another coin with more potential to be profitable.

My advice is that you should look for other coins compared to Doge because I see some coins have increased when Bitcoin reaches ATH so this needs to be taken advantage of the opportunities that exist in the market, don't just wait for Doge because Doge pumps only occur annually so you will take longer waiting to go up.

livingfree

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Quote from: hack3rcon on October 20, 2021, 07:19:50 AM

Hello,
If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap?
Any idea welcomed.

Thank you.

If there's not that much movement anymore and you've been imaking losses. It's better to accept the fact that you've lost to it and you have to cut your losses.

It's the only way for you to recover not unless dogecoin soars again.

But if I'm you, I'll sell it for another better crypto or maybe put that into a stable coin and wait until bitcoin drops a bit and buy.

Ararbermas

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Quote from: hack3rcon on October 20, 2021, 07:19:50 AM

Hello,
If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap?
Any idea welcomed.

Thank you.

if i were you use a larger time frame and see if it has a potential to surge more in the future, because its a big mistake to change other crypto without doing anything and afterwards you see it pumping Cheesy

.. So make it sure first., however if it's negative then go ahead do you best to pick another crypto to obtain a good return in the future.. Just relax and be smart to prevent regrets aftee all. Lol

nira09

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Quote from: hack3rcon on October 20, 2021, 07:19:50 AM

Hello,
If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap?
Any idea welcomed.

Thank you.

I don't know exactly at what price you bought DOGE coin and what percentage of the money you used to buy DOGE. But if you look at the current DOGE price, it's better for you to hold it and buy again, so if later the DOGE price returns to the peak of the price you bought, you can sell it and still benefit from the 2nd purchase.
If you want to sell at a loss and shift your investment to another coin, better think again, lest you buy another coin without careful calculation, otherwise you will lose a second time.

domoy77

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Quote from: hack3rcon on October 20, 2021, 07:19:50 AM

Hello,
If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap?
Any idea welcomed.

Thank you.

If a person has ever done such a thing, then there are only two options he can exercise at this point, firstly sacrificing his capital by selling at the current price if he can't wait to wait for the next ATH on Dogecoin, and the second is to convert it into coins another who always has potential in the market, the point is to recover his lost capital from Dogecoin, here are two strategies that he can run with the options he likes.

apaben

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Quote from: Erdogan on October 20, 2021, 10:51:16 AM

Quote from: hack3rcon on October 20, 2021, 07:19:50 AM

Hello,
If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap?
Any idea welcomed.

Thank you.

I like DOGE a lot, because I have been watching this coin and its development from the very first day of its creation. However, looking at the current capitalization and its adoption on the market, I believe that it is already heavily overpriced. Good luck to all those who believe in further price increases, but personally I think that Dogecoin is unlikely to reach the new ATH.

all trading players certainly have expectations of the coin soaring. But don't be the main hope. in the coinmarketcap market there are many altcoins that have high potential as long as we want to correct ourselves. DOGE being a special coin right now could be the bull run season DOGE can reach a new ATH

Topic: Hodl or change? - page 6. (Read 774 times)