Is Doge worth investing? - page 12. | Bitcointalksearch.org

Wiwo

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Quote from: ice18 on April 22, 2023, 01:47:53 AM

Why not try another meme alternative to Doge, SHIB is very promising token with a lot of usecase, development is really doing well not a joke one, looks like SHIB has more usecase than Doge.

I thought dogecoin and shi ba inu are in the same category unless for the limited user case that shiba inu always proclaim against dogecoin who have large army of followers, this is not to much of a difference any ways most especially were the price are relatively close and the class are both meme coins.

So as a meme coin both shiba inu and dogecoin are both good for short term speculation and should be taken as gamble because both coins can easily be pump and dump at.any moment by those whales that control their market e.g Elon musk the perceived amd self acclaimed dogecoin father.

ice18

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Why not try another meme alternative to Doge, SHIB is very promising token with a lot of usecase, development is really doing well not a joke one, looks like SHIB has more usecase than Doge.

Teraboy

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what i learn from the pattern of these meme coin especially this doge coin is that if the coin isn't getting mentioned anywhere and the price seemed to be stuck, then maybe putting some money that you can afford to lose may pay off since that's just sign that elon eventually gonna shill about it, but for most of the time, refraining from investing in doge coin is always better choice.

Wiwo

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I use to have a friend who was and addicted to Dogecoin fans and I use to warn him about it, I don't know why but I don't have an interest or confidence in Dogecoin since I know that it can easily be controlled by the whales that have a bag filled with tons of the coin, and if they decide to dump their bag, everyone investment may be at risk, and I won't rely on the such coin as an investment talk more of a long term investment plan with dogecoin.

Some people may want to gamble with the coin due to its many promises, but that came with high risk since dogecoin has not been performing well lately.

cafee_orange

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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?

the basic principle for investing is what makes someone confident about their investment then do it. edge because you ask for views from us then I try to give a little insight regarding your investment in dogecoin.
I think for now investing in doge is a natural thing to do for everyone considering that dogecoin is still moving in the market, but to expect more like the previous price I think don't expect that, because this will make things worse and will make your assets lose value if just expecting from dogecoin to go up to 10 x fold, this won't happen again in my opinion.

retreat

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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?

A meme coin is still a meme coin no matter how they try to make it look good to invest in. I see this Doge coin as a meme coin in general which only relies on pump, pump, and pump, it doesn't have any potential, it only relies on speculation. But if you can take the risk, you can invest in it and good luck to you.

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Quote from: fzkto on April 16, 2023, 10:01:31 AM

Quote from: Yamifoud on April 16, 2023, 07:11:53 AM

Quote from: borovichok on April 16, 2023, 12:51:49 AM

Quote from: andriarto on April 15, 2023, 12:23:05 AM

Instead of wasting time, it would be better to invest in clear coins. it's just luck if we rely on doge, because it's a meme coin which needs someone like elon musk to increase its price, but on the other hand if we have doge don't always hold it long term. release it when you already have a profit, because dumps often occur suddenly and you don't know how many more years you can recover, or even just stagnate or drop in price

Investing in memecoins is utterly straightforward because they have already seen a large bull run, and what is left are remnants that are being exploited by the top whales in the market. Dogecoin is merely a hype project in the market, but it has had some bull and bear movement in the past. Currently, the project has been abandoned since Elon Musk, the CEO of Dogecoin, only causes price action when he wants to make big gains from it. Tweeting about Dogecoin will continue to raise awareness of the project, but as we all know, this is a ruse to draw in additional investors who are seeking for projects to invest in.

Those who have a bad experience with Dogecoin will certainly be saying that this is not a good investment and not going to recommned to others. But that is enough, we can judge a project if is worth enough for investment or not based on its performance. And that is why still a lot of people are still investing Dogecoin because he earn more profit during the hype and surely they keep supporting and take advantage when Elon Musk make hype it again. I'd never against these investors, perhaps they already see and hear what to happen others but they still taking risk and that is there decision.

I don't understand why there is so much talk about DOGE when there are so many other good projects. I'm not saying DOGE is bad, but I don't think it's as profitable as it used to be. I think for example ADA, LTC or even XRP might be better in a bull market than DOGE. The main manipulator, Elon Musk, is no longer trusted. As long as he is here, nothing good awaits DOGE.

I can only say that it is just your opinion, and everyone has different thoughts, and it is impossible to know who will be right. I also don't hate doge, and if comparing the upside potential, I still prefer Doge over old altcoin projects. Aside from ETH and BNB, all the old altcoins have no guarantee that they will still turn you a profit in the next bull season. As you can also see, many potential new altcoins and the fact that they will replace old altcoins have happened a lot in the past. And that will likely happen again in the future, so investing in old altcoins is as risky as the meme. Investing in doge is still risky, but high profit opportunities are possible, memecoins always bring us surprises.

bitcoin-shark

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The opinions on whether Dogecoin is a good investment are mixed. Some analysts believe that it could be a good investment due to its community and the attention it receives from influential figures like Elon Musk. Others argue that it lacks the basis for a good long-term investment and is more suited to casual or risk-seeking investors. Dogecoin's value largely depends on its popularity and community, and it doesn't derive value from another asset or add value to any financial system. While investing in Dogecoin may be thrilling and exciting, it also comes with risks and uncertainties.

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Quote from: Sorryfor on April 17, 2023, 08:05:42 PM

Doge Coin is an investment worthy coin that we have seen its price turn into a bull market. Doge Coin reached $0.73 in 2021.Many people hold this coin as a future investment. But currently the market position is not very good due to the low market but the market has changed a lot since last few weeks. I think Doge Coin will definitely cross $1 dollar in future if invested now and good profit can be made.

doge coin always depends on the constant shilling from elon musk in which in this case, make the coin itself not truly dependant on the fact that the current trend of the market still floating around bearish and bullish, i'd say with more shilling from elon it will more certainly hits $1 but the thing is, we don't really know whether elon are gonna be shilling for it in the future, but i'm sure he will, after all it seems he has some ulterior motives behind the curtain but i'm rather positive that even if the market changing trend and bullish coming doge will also most certainly gets the benefits and maybe also increase, we know despite having such low utilities, doge is known for its massive community.
so basically, if it's only $1 which is not really far away from the current value, it's gonna be crossed quite easily, just need more catalyst.

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Quote from: kevindjunaidi on April 20, 2023, 05:25:42 PM

It's hard to say, because I don't think it's worth to investing in Dogecoin (meme coin), but Dogecoin is a popular and hype altcoin (thanks to Elon Musk), so the price of Dogecoin will definitely increase, because many people support Dogecoin and if I personally don't really interested to investing in Dogecoin for the long term, maybe I only invest in Dogecoin for the short term.

There are rumors or sayings that Twitter name would be changed to "X corp" and dogecoin is something that would really be integrated? Lets see.

Twitter Changes Name to X Corp Amid Rumors of Dogecoin Adoption by Elon Musk
https://www.cryptopolitan.com/twitter-changes-name-to-x-corp-amid-rumors/

So this is one reason on which we could say that it would really be worth on investing on.

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It's hard to say, because I don't think it's worth to investing in Dogecoin (meme coin), but Dogecoin is a popular and hype altcoin (thanks to Elon Musk), so the price of Dogecoin will definitely increase, because many people support Dogecoin and if I personally don't really interested to investing in Dogecoin for the long term, maybe I only invest in Dogecoin for the short term.

globalpain

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Doge investment is priced now, in my opinion it can be said to be worth it if you have a good strategy and you are a professional,
but if you are a newbie then my advice is to stay away from Doge for investment, because if you see the price of Doge has gone up rapidly,
so there is a possibility also Doge's prices fell deeper.

Sorryfor

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Doge Coin is an investment worthy coin that we have seen its price turn into a bull market. Doge Coin reached $0.73 in 2021.Many people hold this coin as a future investment. But currently the market position is not very good due to the low market but the market has changed a lot since last few weeks. I think Doge Coin will definitely cross $1 dollar in future if invested now and good profit can be made.

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Quote from: kevinzxz on April 16, 2023, 07:18:23 AM

for me no, because I think meme coin will be difficult for the price to increase and of course the risk is also very big, therefore instead of me to investing in Doge with a big risk, I prefer to invest in BTC, ETH and BNB, because the price definitely increase and give me a lot of profit (worth it for a long term investment).

everyone can be sure that they will agree with what you put forward, where meme coins are very difficult to predict and not good for long-term investment. In the current world economic situation that is not good, buying meme coins is something that must be avoided, because many altcoins cannot develop.
you are right that it is better to invest in BTC, ETH, BNB compared to doge, but if you really want to stick with meme coin I prefer Shiba Inu to Doge, but again only for short term investment.

JamesDaniel90

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Quote from: fzkto on April 16, 2023, 10:01:31 AM

Quote from: Yamifoud on April 16, 2023, 07:11:53 AM

Quote from: borovichok on April 16, 2023, 12:51:49 AM

Quote from: andriarto on April 15, 2023, 12:23:05 AM

Instead of wasting time, it would be better to invest in clear coins. it's just luck if we rely on doge, because it's a meme coin which needs someone like elon musk to increase its price, but on the other hand if we have doge don't always hold it long term. release it when you already have a profit, because dumps often occur suddenly and you don't know how many more years you can recover, or even just stagnate or drop in price

Investing in memecoins is utterly straightforward because they have already seen a large bull run, and what is left are remnants that are being exploited by the top whales in the market. Dogecoin is merely a hype project in the market, but it has had some bull and bear movement in the past. Currently, the project has been abandoned since Elon Musk, the CEO of Dogecoin, only causes price action when he wants to make big gains from it. Tweeting about Dogecoin will continue to raise awareness of the project, but as we all know, this is a ruse to draw in additional investors who are seeking for projects to invest in.

Those who have a bad experience with Dogecoin will certainly be saying that this is not a good investment and not going to recommned to others. But that is enough, we can judge a project if is worth enough for investment or not based on its performance. And that is why still a lot of people are still investing Dogecoin because he earn more profit during the hype and surely they keep supporting and take advantage when Elon Musk make hype it again. I'd never against these investors, perhaps they already see and hear what to happen others but they still taking risk and that is there decision.

I don't understand why there is so much talk about DOGE when there are so many other good projects. I'm not saying DOGE is bad, but I don't think it's as profitable as it used to be. I think for example ADA, LTC or even XRP might be better in a bull market than DOGE. The main manipulator, Elon Musk, is no longer trusted. As long as he is here, nothing good awaits DOGE.

There are better plays then doge but no one knows for sure what Elon's plans are with twitter and this new app he has released.

If this is focused around doge then it will blow up, if not then yeah it will be nothing special.

I am only investing small amount in the hope it blows up.

fzkto

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Quote from: Yamifoud on April 16, 2023, 07:11:53 AM

Quote from: borovichok on April 16, 2023, 12:51:49 AM

Quote from: andriarto on April 15, 2023, 12:23:05 AM

Instead of wasting time, it would be better to invest in clear coins. it's just luck if we rely on doge, because it's a meme coin which needs someone like elon musk to increase its price, but on the other hand if we have doge don't always hold it long term. release it when you already have a profit, because dumps often occur suddenly and you don't know how many more years you can recover, or even just stagnate or drop in price

Investing in memecoins is utterly straightforward because they have already seen a large bull run, and what is left are remnants that are being exploited by the top whales in the market. Dogecoin is merely a hype project in the market, but it has had some bull and bear movement in the past. Currently, the project has been abandoned since Elon Musk, the CEO of Dogecoin, only causes price action when he wants to make big gains from it. Tweeting about Dogecoin will continue to raise awareness of the project, but as we all know, this is a ruse to draw in additional investors who are seeking for projects to invest in.

Those who have a bad experience with Dogecoin will certainly be saying that this is not a good investment and not going to recommned to others. But that is enough, we can judge a project if is worth enough for investment or not based on its performance. And that is why still a lot of people are still investing Dogecoin because he earn more profit during the hype and surely they keep supporting and take advantage when Elon Musk make hype it again. I'd never against these investors, perhaps they already see and hear what to happen others but they still taking risk and that is there decision.

I don't understand why there is so much talk about DOGE when there are so many other good projects. I'm not saying DOGE is bad, but I don't think it's as profitable as it used to be. I think for example ADA, LTC or even XRP might be better in a bull market than DOGE. The main manipulator, Elon Musk, is no longer trusted. As long as he is here, nothing good awaits DOGE.

dlightag

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To invest in Doge coins is not a bad idea, what matters most is your entry level point of your purchasing while holding for a long time or for next bull run to sell, that will determine your profit returns of your investment. Therefore take a look at the entry point, before buying and is going to help or Maxima's you're profits.

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for me no, because I think meme coin will be difficult for the price to increase and of course the risk is also very big, therefore instead of me to investing in Doge with a big risk, I prefer to invest in BTC, ETH and BNB, because the price definitely increase and give me a lot of profit (worth it for a long term investment).

Yamifoud

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Quote from: borovichok on April 16, 2023, 12:51:49 AM

Quote from: andriarto on April 15, 2023, 12:23:05 AM

Instead of wasting time, it would be better to invest in clear coins. it's just luck if we rely on doge, because it's a meme coin which needs someone like elon musk to increase its price, but on the other hand if we have doge don't always hold it long term. release it when you already have a profit, because dumps often occur suddenly and you don't know how many more years you can recover, or even just stagnate or drop in price

Investing in memecoins is utterly straightforward because they have already seen a large bull run, and what is left are remnants that are being exploited by the top whales in the market. Dogecoin is merely a hype project in the market, but it has had some bull and bear movement in the past. Currently, the project has been abandoned since Elon Musk, the CEO of Dogecoin, only causes price action when he wants to make big gains from it. Tweeting about Dogecoin will continue to raise awareness of the project, but as we all know, this is a ruse to draw in additional investors who are seeking for projects to invest in.

Those who have a bad experience with Dogecoin will certainly be saying that this is not a good investment and not going to recommned to others. But that is enough, we can judge a project if is worth enough for investment or not based on its performance. And that is why still a lot of people are still investing Dogecoin because he earn more profit during the hype and surely they keep supporting and take advantage when Elon Musk make hype it again. I'd never against these investors, perhaps they already see and hear what to happen others but they still taking risk and that is there decision.

borovichok

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Quote from: andriarto on April 15, 2023, 12:23:05 AM

Instead of wasting time, it would be better to invest in clear coins. it's just luck if we rely on doge, because it's a meme coin which needs someone like elon musk to increase its price, but on the other hand if we have doge don't always hold it long term. release it when you already have a profit, because dumps often occur suddenly and you don't know how many more years you can recover, or even just stagnate or drop in price

Investing in memecoins is utterly straightforward because they have already seen a large bull run, and what is left are remnants that are being exploited by the top whales in the market. Dogecoin is merely a hype project in the market, but it has had some bull and bear movement in the past. Currently, the project has been abandoned since Elon Musk, the CEO of Dogecoin, only causes price action when he wants to make big gains from it. Tweeting about Dogecoin will continue to raise awareness of the project, but as we all know, this is a ruse to draw in additional investors who are seeking for projects to invest in.

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