Is Doge worth investing? | Bitcointalksearch.org

Iamcrypticguy

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Quote from: JamesDaniel90 on April 19, 2024, 04:08:24 PM

Yes I am invested in Doge.

I was going to sell a few weeks ago but I only have 5,000 and think it will go to $1 at least this bull run so will hold till then and then put profits into Bitcoin.

Doge is definitely worth investing in, if not for anything. The community support alone is kind blowing. Happy Dogeday to you buddy. This is attractive 👇

wheelz1200

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Being that it's hanging around $.15 right now and the all time high was around $.70 I definately think there is room to run. With bitcoin being around its all time high it might be a good time to buy doge because I think there isn't too much downside risk right now. Make sure you sell amd don't hold it all the way down again though.

R100K-Martin-Lunger

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Quote from: JamesDaniel90 on April 05, 2023, 03:41:59 AM

I do not have any investment in Doge yet but am thinking about it.

I am looking for investments that will 5-10x next bull run and looks like this is a good bet considering it's all time high is $0.70.

Many say it will go past $1 next bull run and it could well do but think I would get out around $0.70 which would be a 7x if I was to invest at todays price of $0.10.

Would be good to hear some views on this - are you for or against Doge?

I think it is, especially in short term. Doge is high volatile so you have to be prepared when you invest in it. DOGE as a altcoin is primarily driven by hype and speculation. So Its highly volatile. I've mentioned some of the coins I think are good for short term gain (https://r100k.com/blog/best-cryptocurrency-to-invest-today-for-short-term) although some of them can also be good as long-term investments.

Kristiyana

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Quote from: JamesDaniel90 on April 19, 2024, 04:08:24 PM

Yes I am invested in Doge.

I was going to sell a few weeks ago but I only have 5,000 and think it will go to $1 at least this bull run so will hold till then and then put profits into Bitcoin.

You're absolutely right I was also thinking the same, I'm currently holding dogecoin, I'm waiting for dogecoin to hit my target then I will also put the profit into bitcoin, but did you really think that dogecoin will get to $1 anytime soon?

JamesDaniel90

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Yes I am invested in Doge.

I was going to sell a few weeks ago but I only have 5,000 and think it will go to $1 at least this bull run so will hold till then and then put profits into Bitcoin.

Ben Barubal

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If you believe 100% that it will be 1$ then it is possible that in your mind it is a worth investment that for sure you will buy it., now if you doubt even a little bit then of course it is better not to buy it.

And, as investors, we should invest in a crypto that we have full confidence in that it will provide good profits in the future, that's all.

Mate2237

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When I wanted to invest in Ethereum I only asked the wallet I would and I didn't ask anyone whether to invest or not. Investing in any altcoins is a personal decision so that when anything happens you bear the pain and the lost and when you make it from there then glory be to God. Let me give you good example. I invested in Ethereum when it was $3.667 with the some of $40 and $20 dollar and I split the investment and one side was 0.0058 Ethereum and the other side was 0.0033 and I sold one the 0.0033 as the rate $8 the loss was bear by me and I didn't blame anyone because I invested it by myself and the remaining 0.0058 Ethereum, when I checked it today it was $10.

I still bear the pain so if you are interested in doge then do it by yourself. I wish your all the best with save journey.

ajiz138

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Quote from: Bd officer on April 19, 2024, 12:31:35 PM

Quote from: JamesDaniel90 on April 05, 2023, 03:41:59 AM

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Would be good to hear some views on this - are you for or against Doge?

Don't know if you have invested in DOGE coins. However, a few days ago the price of DOGE coin was $0.22 but the market went down again, currently the price of DOGE coin is $0.15. However if you have invested you are currently in profit. After the next halving the bullrun will start so if you hold your investment till the bullrun you can earn a lot of profit. I bought some DOGE coins, I hope to make a lot of profit in the coming bull market.

I got Doge from the results of previous gambling but will remain in HODL the possibility of prices going up, this does not mean anything is not a real investment goal, it's just that rather than being bet on it, it is better to HODL there is still a chance that Doge will rise when the bullish phase comes.

Likewise, Doge is the second Elon Musk where he himself is the driving force, when there is a new tweet about Doge, there will be a pump not expecting Elon Musk but he can create hype on Doge.

Bd officer

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Quote from: JamesDaniel90 on April 05, 2023, 03:41:59 AM

.
Would be good to hear some views on this - are you for or against Doge?

Don't know if you have invested in DOGE coins. However, a few days ago the price of DOGE coin was $0.22 but the market went down again, currently the price of DOGE coin is $0.15. However if you have invested you are currently in profit. After the next halving the bullrun will start so if you hold your investment till the bullrun you can earn a lot of profit. I bought some DOGE coins, I hope to make a lot of profit in the coming bull market.

Tipstar

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I think Doge would remain as a coin worth investing till Elon Musk remains popular. I don't know what the relation of Elon have with dogecoin but most of the time he talks about crypto it's Dogecoin. He's been working to accept Dogecoin payment for Tesla cars. Not Bitcoin or other alts but just Dogecoin. This shows the dedication of him for Dogecoin. Buying Tesla with Dogecoin might not be as huge but imagine what difference it would make if Dogecoin becomes the currency of X.
I believe Dogecoin is safe to buy below 20 cents as it's last all time high was above 60 cents.

AnonBitCoiner

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Quote from: Samlucky O on January 07, 2024, 12:28:06 AM

It has been repeatedly said, that the reason behind the massive pump in price of dogecoin is due to Elon musk hype and nothing more than that. He is the one behind the massive push in price. and investing on it might take decades to assume it rise. Most investors have decided never to invest in it anymore because they think it a fomo kind of coin that grow as a result of social media influence. So if you decide to buy doge is up to you.

Doge coin is a successful coin but as it is a meme coin so people are afraid about its investment but it is not as bad as people think about it. Every coin will give you profit after a long time so don't think that if the doge coin does not surge quickly then it is a useless coin therefore one should try to evaluate knowledge in order to understand the success of coins.

Anyhow every individual has a different concept and they think every coin differently but I think doge is a meme coin but among meme coins doge is a successful coin so if one does not get fear of its meme nature then he can get profit if keep with patience.

Cryptoababe

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Quote from: arjunmujay on January 05, 2024, 07:49:40 PM

understand that meme coins will only move if there is hype. if the hype is over, don't expect to get more out of it. it would be better to choose an altcoin that has a clear developer, clear direction of creation. try more to read the whitepapper of each altcoin you want to invest in.

so I don't think it's right to make meme coins as a long-term investment.

Yeah, you're right about the long-term and the hype. But if one keeps thinking like this, one will probably miss out on making good money with some meme coins. I don't know about Dogecoin because it's a large market cap meme coin, and what I do is participate in airdrops, giveaways, or events like Bitgetdogeday to earn large cap meme coins like it. So I still look out for low-cap meme coins and hope to make 1000x one day.

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Quote from: wheelz1200 on January 06, 2024, 06:43:58 PM

I wouldn't and here are my reasons why:

1) 2020/21 was where the money was made, too much downside risk now

2) most people drank the Kool aid and held their bag meaning everyone who would buy to create a pump already is loaded with a bag, so little chance for big push up.

3) even worse those same people are holding are waiting to dump theor bag so there will be tons of downward pressure.

4) endless 10,000 coins minted every minute...forever.

I'd steer clear.

Except your 4th point. I don't think other 3 points are that much valid. because all these factors can apply with any other token out there. every token which is couple year older has down side risks. there will always be risk inovled win crypto investment.
2nd if everyone who would buy to create a pump then why they are not creating that pump? what are they waiting for? and if they didn't created the pump yet then isnt that mean it is a good opportunity for everyonoe else to get in the boat too before they pump it and then dump their bags??

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Quote from: JamesDaniel90 on April 05, 2023, 03:41:59 AM

I do not have any investment in Doge yet but am thinking about it.

I am looking for investments that will 5-10x next bull run and looks like this is a good bet considering it's all time high is $0.70.

Many say it will go past $1 next bull run and it could well do but think I would get out around $0.70 which would be a 7x if I was to invest at todays price of $0.10.

Would be good to hear some views on this - are you for or against Doge?

It has been repeatedly said, that the reason behind the massive pump in price of dogecoin is due to Elon musk hype and nothing more than that. He is the one behind the massive push in price. and investing on it might take decades to assume it rise. Most investors have decided never to invest in it anymore because they think it a fomo kind of coin that grow as a result of social media influence. So if you decide to buy doge is up to you.

Obim34

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Quote from: wheelz1200 on January 06, 2024, 06:43:58 PM

I wouldn't and here are my reasons why:

1) 2020/21 was where the money was made, too much downside risk now

2) most people drank the Kool aid and held their bag meaning everyone who would buy to create a pump already is loaded with a bag, so little chance for big push up.

3) even worse those same people are holding are waiting to dump theor bag so there will be tons of downward pressure.

4) endless 10,000 coins minted every minute...forever.

I'd steer clear.

This would become an eye opener, with all these said it would not be a better option for investment, it might turns out not to happen as said but due to not being able to foretell the future, just have to be on the safer side and hold our funds, carefully look for some other Altcoin that can favor you us, especially now we are expecting a bull run.

FinePoine0

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Quote from: JamesDaniel90 on April 05, 2023, 03:41:59 AM

I do not have any investment in Doge yet but am thinking about it.

I am looking for investments that will 5-10x next bull run and looks like this is a good bet considering it's all time high is $0.70.

Many say it will go past $1 next bull run and it could well do but think I would get out around $0.70 which would be a 7x if I was to invest at todays price of $0.10.

Would be good to hear some views on this - are you for or against Doge?

I am definitely in favor of investing in Dogecoin, because Dogecoin has come out of low territory. So by investing here you will definitely see 5 to 10 times increase in price of each coin after the next bitcoin halving. So investing in Dogecoin at present will definitely be profitable and will reap huge benefits in the future.

wheelz1200

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I wouldn't and here are my reasons why:

1) 2020/21 was where the money was made, too much downside risk now

2) most people drank the Kool aid and held their bag meaning everyone who would buy to create a pump already is loaded with a bag, so little chance for big push up.

3) even worse those same people are holding are waiting to dump theor bag so there will be tons of downward pressure.

4) endless 10,000 coins minted every minute...forever.

I'd steer clear.

JeffBrad12

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Quote from: Ben Barubal on January 06, 2024, 05:12:29 PM

Quote from: JamesDaniel90 on April 05, 2023, 03:41:59 AM

I do not have any investment in Doge yet but am thinking about it.

I am looking for investments that will 5-10x next bull run and looks like this is a good bet considering it's all time high is $0.70.

Many say it will go past $1 next bull run and it could well do but think I would get out around $0.70 which would be a 7x if I was to invest at todays price of $0.10.

Would be good to hear some views on this - are you for or against Doge?

I can't tell you if this Dogecoin investment is worth it or not, because the decision is ultimately yours. All I can say about Doge is that you will find it on all the top exchanges and even on the DEX platforms as well.

And based on what I have seen and witnessed, how it grew is only through its supporters, who are also whale investors. In short, the only thing that often happens here is always pump and dump, especially when Elon Musk takes a step here in the doge. For sure, there will be a rally here. Now the choice is yours!

it will be great if this coin is still pump and dump, the reality is, there's scarcely a shill from elon coming and therefore the coin is stagnating, the price stuck, maybe its move because the bullish but thats it, even the move wasn't that significant.maybe this is because the market capitalization was too massive anyway that cause the coin to hardly have any meaningful pump and as a result its like investing in ethereum, the price growth is slow but with added risk considering its meme coin with literally no utility whatsoever at least etheruem have some utility for smart contract being utilized for has it will increase the demand of ethereum and also the burning mechanism with doge I guess because its just a meme coin it have nothing special like that.
regardless if anyone still so eager investing in doge coin then maybe they should find newer meme coin just but just know that not all meme coin are good mostly are scams.

Ben Barubal

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Quote from: JamesDaniel90 on April 05, 2023, 03:41:59 AM

I do not have any investment in Doge yet but am thinking about it.

I am looking for investments that will 5-10x next bull run and looks like this is a good bet considering it's all time high is $0.70.

Many say it will go past $1 next bull run and it could well do but think I would get out around $0.70 which would be a 7x if I was to invest at todays price of $0.10.

Would be good to hear some views on this - are you for or against Doge?

I can't tell you if this Dogecoin investment is worth it or not, because the decision is ultimately yours. All I can say about Doge is that you will find it on all the top exchanges and even on the DEX platforms as well.

And based on what I have seen and witnessed, how it grew is only through its supporters, who are also whale investors. In short, the only thing that often happens here is always pump and dump, especially when Elon Musk takes a step here in the doge. For sure, there will be a rally here. Now the choice is yours!

jeha2015

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Quote from: arjunmujay on January 05, 2024, 07:49:40 PM

understand that meme coins will only move if there is hype. if the hype is over, don't expect to get more out of it. it would be better to choose an altcoin that has a clear developer, clear direction of creation. try more to read the whitepapper of each altcoin you want to invest in.

so I don't think it's right to make meme coins as a long-term investment.

It's not inappropriate, it's not even worth making meme coins as a long-term investment. Meme coins move only because of hype and usually don't last long, meme coins are only used to gain momentary profits for some people who understand and follow from the start, but not for beginners who come because of the hype and then invest, of course this is very risky.

Even Dogecoin is like that, even though Doge is said to have good fundamentals, many people suffer losses because of Doge Coin and not many people gain profits from Doge Coin. More precisely, we have to be smart in looking for moments.
However, if you are lazy to reset, it would be wise if you just invest in the top altcoins or it is safer to invest in bitcoin for the long term.

Topic: Is Doge worth investing? (Read 2441 times)