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Topic: Is Doge worth investing? - page 15. (Read 2441 times)

sr. member
Activity: 2506
Merit: 368
April 06, 2023, 05:26:24 PM
#59
If we are going to talk about the use case of doge coin, perhaps you would say it has really nothing to offer and just with that, you can already tell that it's not worth it to invest. But on a different perspective, Elon Musk did hype up this meme coin resulting its price to pump in the past but there's no guarantee that he would pump it back again this upcoming bull market although he didn't quit yet perhaps, there's still a reason he's going to pump it back again. Although, it's considered risky so invest on your own accord.
sr. member
Activity: 826
Merit: 252
April 06, 2023, 05:19:42 PM
#58
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?
Doge has been everyone's favorite since its inception. There have been so many coins developed a long time ago at $0, but Doge has held up well. The current high price may not be separated from the role of a world billionaire, Elon Musk. Will the price return to the same level as during the previous bullrun? Or will it reach $1 in the next bullrun? Maybe it's a bit difficult. Investors will switch to other coins, and surprise other coins in the upcoming bullrun.
sr. member
Activity: 2422
Merit: 357
April 06, 2023, 04:39:08 PM
#57
Don't think meme coins are good for long term investment .Doge coin has many hype around it because of Elon musk and has potential to go up at any time.But there are still better option out there you can make proper research on good altcoins project to invest in which can give you good profits think it will be much better than investing in meme coins.
I don’t see meme token as part of my investment for long term, this is just for a short term hype and if you are able to ride with it much better but don’t expect too much from DOGE because its price is manipulated and very volatile, you might see its hype today but there’s no guarantee for that next Month so if there’s a chance to take profit better to do it as much as possible.
sr. member
Activity: 2436
Merit: 343
April 06, 2023, 04:35:44 PM
#56
Does this have to do with what Elon did? I think it's a smart move for him, knowing that he is doing those things to make a point that he supports Doge, and it's most fashionable, changing the Twitter icon. It's hilarious, even with the loading and all that stuff.

As long as it continues to do that, we can probably reach higher highs for that.
Whether it was a trick or not, or something we think about marketing strategy, I still see success on his side. I actually never thought about his influence anymore but yes, I dare to admit that the community of Doge who continuously supports this project certainly has a huge impact. That is why we can't just set aside the possibility and a bigger chance that Dogecoins will make another ATH record during Bullrun. And so people are buying despite of being a meme coin.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
April 06, 2023, 04:29:29 PM
#55
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?
Not I would say that Doge is a good investment because it was a meme coin but yes, there is something we need to consider being practical, we can't deny that investing in hyped projects will give us more profit. I won't stop either but there is one thing I should say - don't hold Doge for long, sell them when the bull run comes as it was not meant for long-term holding. Yet, it was just profitable during the hype, so don't wait until it was over before you sell them otherwise, you will lose. 
legendary
Activity: 1064
Merit: 1298
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April 06, 2023, 04:22:35 PM
#54
For those who bought Dodge earlier at a low price, now there is another opportunity to get a good profit. So there is no need to be greedy and it is necessary to fix your profit in parts. After all, after this pump, there will definitely be a dump and there will be many who will lose their money.
I am wondering what would happen to those that hold some particular altcoins if bitcoin falled back to $20000 which is very possible, that would be when we are going to see many altcoins that will fall more than 2x or 3x. It is better people are careful of altcoins this time for them not to later panick and sell. But about doge, I think it would hit $1 in the next bull run, but the coin is just meme coin, it is better to go for other coins which are better, coins like bitcoin.
hero member
Activity: 2660
Merit: 651
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April 06, 2023, 04:12:34 PM
#53
I do not have any investment in Doge yet but am thinking about it.
Let me ask you this friendly question. Why do you choose to think about investing in Dogecoin all suddenly? Let me guess because of the strategy pulled by Elon Musk?

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.
If you looking for a 5-10x multiplier investment. Cant you get this though Bitcoin, Ethereum, BNB and Solana who are not project built on joke and market manipulation?

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.
Why does the opinion of many matters to you? Is the $1 price not predicted in the previous ATH market price? Does it happen?

Would be good to hear some views on this - are you for or against Doge?
I am not against Doge but I am against crypto that didn't have an organic future than hype and manipulation.
legendary
Activity: 2268
Merit: 1655
To the Moon
April 06, 2023, 03:32:54 PM
#52
i really like dogecoin doge is one of my favorite coins i also keep a lot of doge in my portfolio i also see a bright future for doge what else after seeing elon musk's tweet who wants to change his twitter home profile to the doge logo doge immediately flies 24% on that day it made me very happy with the emergence of a new hypa hype that elon musk made me think most people would buy doge in the future dogecoin to the moon my prediction dogecoin will hit 1$ easily
not investment advice.

For those who bought Dodge earlier at a low price, now there is another opportunity to get a good profit. So there is no need to be greedy and it is necessary to fix your profit in parts. After all, after this pump, there will definitely be a dump and there will be many who will lose their money.
legendary
Activity: 3122
Merit: 1102
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April 06, 2023, 03:16:10 PM
#51
Don't think meme coins are good for long term investment .Doge coin has many hype around it because of Elon musk and has potential to go up at any time.But there are still better option out there you can make proper research on good altcoins project to invest in which can give you good profits think it will be much better than investing in meme coins.

the dilemma on this old meme coin is that people are trying to jump on the hype surrounding this coin because of elon musk. up until now, twitter is using the doge logo when you go to their site, so something is cooking and it creates a notion that something big is coming up. hence, some people are trying to get a hold of some doge hoping that they will get huge profits from it. the question whether you want to get some or not, depends on your financial capability. always remember that when it comes to crypto assets, use your extra funds and not your emergency funds or your funds for basic needs. as you have no clue where it is going, you are just hoping that you will get positive return from this volatile investment.
jr. member
Activity: 1708
Merit: 3
April 06, 2023, 03:08:59 PM
#50
Don't think meme coins are good for long term investment .Doge coin has many hype around it because of Elon musk and has potential to go up at any time.But there are still better option out there you can make proper research on good altcoins project to invest in which can give you good profits think it will be much better than investing in meme coins.
sr. member
Activity: 1188
Merit: 251
April 06, 2023, 03:00:52 PM
#49
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 really like dogecoin doge is one of my favorite coins i also keep a lot of doge in my portfolio i also see a bright future for doge what else after seeing elon musk's tweet who wants to change his twitter home profile to the doge logo doge immediately flies 24% on that day it made me very happy with the emergence of a new hypa hype that elon musk made me think most people would buy doge in the future dogecoin to the moon my prediction dogecoin will hit 1$ easily
not investment advice.
hero member
Activity: 2814
Merit: 576
April 06, 2023, 02:52:46 PM
#48
I think Investing in Doge is a matter of personal choice and depends on individual risk tolerance. While Doge has seen significant growth in the past, it is important to consider the potential risk and volatility associated with the cryptocurrency market and it is very important to have a risk management plan in place and avoid investing more than what you can afford to lose.

Just like any other coins in the market, all of them have their own risks entailed including the volatility.

But Dogecoin, I can't blame if there are some people who are investing on it but they should know that it is really much more risky than any other leading altcoins in the market right now because Doge is just a meme coin with almost no utility. This particular altcoin wouldn't be trading at such low price if there is actually any utility in it at all. And that significant growth you're talking about is really not that significant because that was just temporary and probably, we already know who's behind it.
hero member
Activity: 3066
Merit: 629
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April 06, 2023, 02:25:42 PM
#47
No one can say with certainty whether it is worth investing in a coin or not. This is everyone's personal choice. But Elon Musk has started a campaign to draw attention to Doge again, so maybe this will raise the price again and people will start investing in the token.
That's why people will still consider to invest again in Doge because of how he's trolling the world again with the icon change from twitter. Everyone is thinking that because there's the influence of Elon and the hype that he can make from it. That will everyone's expectation to make it pump based on his activities and trolling in the market. But honestly, people can take advantage with that and just don't forget to take your profit.

That's not investing, it's speculating. It can work, but don't risk everything.

--Knight Hider
Might hurt someone with that speculation to his investments when it didn't reach to that price being anticipated.
hero member
Activity: 1176
Merit: 543
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April 06, 2023, 02:23:40 PM
#46
Dogecoin showed a lot of hype during the last bullrun. Those who invested in the beginning got a lot of profit. But many of those who later invested in these coins lost huge amounts. Because this type of memecoin first pumps a lot but then dumps more than that. So investing in such coins is somewhat risky.
for any coin we want to buy, this is the time and we should not hesitate holding as much as possible we can accumulate now that the market is warming to set on a bullrun. If op want to invest in doge then he can take his decision now that things looks very cheap, even though with the hype is other things that do keep the market going bull, we still need to go for what we want no matter what others may thinks about the market. Let accumulate as much as possible now before we start experiencing bull run.
full member
Activity: 728
Merit: 101
April 06, 2023, 02:04:25 PM
#45
I don't think Doge is still worth investing in now, because as we know that most coin memes are just hype for a moment, it's quite different from Doge, because Doge already has its own community which is quite large, moreover supported by Elon Musk, but I'm still unsure with meme coins like doge, I think there are many altcoins that are more worth investing in with better utilities
member
Activity: 235
Merit: 65
Elysium Lab
April 06, 2023, 01:52:37 PM
#44
You may take advantage when Elon Musk is trolling with doge coin. Are you interested in doge because of it being trending due to elon musk trolling?. There should be a risk when you invest in doge but you can also make profit because of it but you need patience as we don't know when will elon musk do something like he did with the Twitter logo.
fvb
member
Activity: 1470
Merit: 13
April 06, 2023, 01:38:26 PM
#43
No one can say with certainty whether it is worth investing in a coin or not. This is everyone's personal choice. But Elon Musk has started a campaign to draw attention to Doge again, so maybe this will raise the price again and people will start investing in the token.
member
Activity: 239
Merit: 59
a young loner on a crusade
April 06, 2023, 01:06:41 PM
#42
I am looking for investments that will 5-10x next bull run
That's not investing, it's speculating. It can work, but don't risk everything.

--Knight Hider
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
April 06, 2023, 12:12:06 PM
#41
Does this have to do with what Elon did? I think it's a smart move for him, knowing that he is doing those things to make a point that he supports Doge, and it's most fashionable, changing the Twitter icon. It's hilarious, even with the loading and all that stuff.

As long as it continues to do that, we can probably reach higher highs for that.
sr. member
Activity: 2366
Merit: 448
Enjoy 500% bonus + 70 FS
April 06, 2023, 12:09:52 PM
#40
In my opinion, if you want to invest in Dogecoin for the long term, you should do an analysis first and also have sufficient knowledge first, besides that we also have to understand our own risk profile because Dogecoin has very high volatility from this investment instrument and must think about it carefully heart.
and if it's just to get a little profit I think Dogecoin can still be relied upon, and even then it has to be done in the long term, and if you want to go back to the previous ATH and exceed that price in my opinion it doesn't happen anymore and that's also because of Elon Musk.
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