Is Doge worth investing? - page 3. | Bitcointalksearch.org

deathcode

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Quote from: Volimack on January 05, 2024, 06:05:04 AM

Quote from: Hildentine on January 04, 2024, 01:59:20 PM

Doge is a great project they are achieved there goals Doge are very strong project they already give there investors a good profit and the future it's a chance they rise there position so anyone invest first see there next step then decision invest are not.

Doge Coin has a good position in the market even though the number of investments is low. Traders are still using it to trade Doge Coin has established itself as a strong enough cryptocurrency. No one can say for sure the future in this sector. Personally everyone is optimistic. If cryptocurrency is the money of the future then Dogecoin remains in the discussion.

people holding dogecoin have the hope that someday they will get $1. but the best price of $0.1 ever reached. Dogecoin gained extraordinary market growth when Elon publicized it via Twitter. the price increase at that time was extraordinary.
but when no one is creating FOMO in the market, dogecoin seems to be sitting there peacefully. Just like other altcoins, Doge will move up and down with the market.

Sophokles

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Quote from: Volimack on January 05, 2024, 06:05:04 AM

Quote from: Hildentine on January 04, 2024, 01:59:20 PM

Doge is a great project they are achieved there goals Doge are very strong project they already give there investors a good profit and the future it's a chance they rise there position so anyone invest first see there next step then decision invest are not.

Doge Coin has a good position in the market even though the number of investments is low. Traders are still using it to trade Doge Coin has established itself as a strong enough cryptocurrency. No one can say for sure the future in this sector. Personally everyone is optimistic. If cryptocurrency is the money of the future then Dogecoin remains in the discussion.

Doge coin is nothing more than a collectable iteam which has no use in the industry. I know after the takeover of elon musk there are a bunch of developers who started working on doge project again and they tried to use BRC-20 hype to get their own DRC-20 type token which miserably failed. Right now the only remaining option for the doge community is to wait for their doge father elon to make some silly tweet about the doge coin so that its price can rise again.

AnonBitCoiner

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Quote from: Jonyshake71 on September 15, 2023, 09:01:50 AM

Most of the people always advice to not to buy any memecoin which is valid also cause memecoin is unpredictable and not stable in comparison of others altcoins but here doge graph is different than other memecoin. It is developing and pumping continuously since decade. It pump every year in advance like others potential coin. Altogeth it has risk but i think it would be good to hold for bull run

Doge coin is one of the beneficial altcoin and every altcoin cannot be like a doge because most of meme coins snatched the trust of crypto users. There are few altcoins and meme coins which on surging moment gained the curiosity of individuals but remember that you should not expect too much from meme coin even it is doge is something else.

Doge coin is showing greater achievement with the passage of time but who knows that when this achievement will ends because doge or any other meme coin cannot never be a good coin always like that of big coins as bitcoin, ethereum and BNB. Doge coin is advantageous coin among other meme coins but still there is a risk associated with it due to its meme feature.

Volimack

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Quote from: Hildentine on January 04, 2024, 01:59:20 PM

Doge is a great project they are achieved there goals Doge are very strong project they already give there investors a good profit and the future it's a chance they rise there position so anyone invest first see there next step then decision invest are not.

Doge Coin has a good position in the market even though the number of investments is low. Traders are still using it to trade Doge Coin has established itself as a strong enough cryptocurrency. No one can say for sure the future in this sector. Personally everyone is optimistic. If cryptocurrency is the money of the future then Dogecoin remains in the discussion.

radjie

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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?

Dogecoin still has the opportunity to continue to increase in value, but it is not certain when this will happen. Dogecoin has the advantage of being able to survive until now, even though its ranking on coinmarketcap looks stable in that position, it is still in great demand by traders so it has not lost its trading volume to point 0 like other Meme coins

JeffBrad12

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Quote from: oktana on January 04, 2024, 04:54:57 PM

There are many factors you need to look out for when investing in any coin or token at all. One of them is the use case. This is important because it tells you about the use of this coin, how much is it needed? Why is it needed… and so on. Other things you need to look for is the total supply, etc. For DOGE, I think it’s an Okay investment (but do your research). Even if DOGE has gradually left being just a meme coin, it still has high volatile and can be easily pumped and dumped (I think).

nah, doge is not really having some volatility these days the or its more accurate to say that dogecoin starting to follow the price movement of bitcoin overall.
you see from the chart it almost exactly resemble the chart of bitcoin even the recent dumps doge coin is also dumping.
if its meme coin, considering the risk you're putting and also the fact that you like to speculate i'd instead invest in newer meme coin, and what i mean by new is the one that has at least some quality like BONK but its already too late with bonk, or you can simply settle with some altcoin that are L1 or L2 these are guaranteed to get massive increase anyway. not just relying on meme coin because many time meme coin most of them just gonna fail therefore should be careful with investing in it.

irhact

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Quote from: oktana on January 04, 2024, 04:54:57 PM

There are many factors you need to look out for when investing in any coin or token at all. One of them is the use case. This is important because it tells you about the use of this coin, how much is it needed? Why is it needed… and so on. Other things you need to look for is the total supply, etc. For DOGE, I think it’s an Okay investment (but do your research). Even if DOGE has gradually left being just a meme coin, it still has high volatile and can be easily pumped and dumped (I think).

Dogecoin is a very popular cryptocurrency and would keep been popular as memecoin keep becoming more popular too, dogecoin is the first memecoin and has more advantage then other meme coin been introducing to the market. Dogecoin is also been hyped by Elon musk and he's a very unpredictable man. He can just wake up and decide that doge coin becomes a part of his new social media X and that'll make dogecoin to pump ahead of other memecoins too.

If you love memecoin and believe they're going to become a part of the market then you need to invest in dogecoin. There would be no memecoin without dogecoin so I think it's worth investing. More memecoin are getting launched on big exchanges therefore memecoin are going to be a big part of the next bull market and dogecoin would be ahead leading and would make their investors profits.

oktana

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Quote from: Sophokles on January 04, 2024, 05:09:48 PM

Quote from: oktana on January 04, 2024, 04:54:57 PM

There are many factors you need to look out for when investing in any coin or token at all. One of them is the use case. This is important because it tells you about the use of this coin, how much is it needed? Why is it needed… and so on. Other things you need to look for is the total supply, etc. For DOGE, I think it’s an Okay investment (but do your research). Even if DOGE has gradually left being just a meme coin, it still has high volatile and can be easily pumped and dumped (I think).

If use cases and total supply really matter then how PEPE, Doge and Shiba INU have a very big marketcap? In crypto the only thing that matters is who is behind the project. If a bad project has huge funding its price can grow when there isn't any significant development in the project. If a project has a great vision but doesn't have funding then its growth will be extremely slow or it will not survive for a long time. So follow what big VCs and whales are doing. This will lead you to a gem that can make you rich.

Kindly note that I stated that there are many factors to consider, and me talking about use case is just one of them. I didn’t say it was the core thing to consider too. There are still things like total supply to consider. Bitcoin for example was small at first, it is its use case that pushed it this far. For meme coins like the ones you’ve listed, it’s hype. You can say it’s money, apparently money can buy hype. But I see DOGE as a coin that is better than the average memecoin because it has other purposes which people are actually using it for.

Sophokles

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Quote from: oktana on January 04, 2024, 04:54:57 PM

There are many factors you need to look out for when investing in any coin or token at all. One of them is the use case. This is important because it tells you about the use of this coin, how much is it needed? Why is it needed… and so on. Other things you need to look for is the total supply, etc. For DOGE, I think it’s an Okay investment (but do your research). Even if DOGE has gradually left being just a meme coin, it still has high volatile and can be easily pumped and dumped (I think).

If use cases and total supply really matter then how PEPE, Doge and Shiba INU have a very big marketcap? In crypto the only thing that matters is who is behind the project. If a bad project has huge funding its price can grow when there isn't any significant development in the project. If a project has a great vision but doesn't have funding then its growth will be extremely slow or it will not survive for a long time. So follow what big VCs and whales are doing. This will lead you to a gem that can make you rich.

nurilham

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Quote from: Jonyshake71 on September 15, 2023, 09:01:50 AM

Most of the people always advice to not to buy any memecoin which is valid also cause memecoin is unpredictable and not stable in comparison of others altcoins but here doge graph is different than other memecoin. It is developing and pumping continuously since decade. It pump every year in advance like others potential coin. Altogeth it has risk but i think it would be good to hold for bull run

It is normal if people don't suggest to buy meme coins. Meme coins aren't only very unpredictable, meme coins also have no fundamentals. The future of meme coins just relies on the hype made by their armies. When the hype is over, it is difficult to keep good development on the price of the meme coins. In many cases, the prices can drop significantly and end up with delisting from the exchanges because have no sufficient demand anymore. The investors must quit and no interest to join if they see bad signs of the coins.

Although meme coins can be pumped very massively, don't forget that it can be dumped very significantly as well. It is very possible to happen when the demand drop drastically. In my opinion, it is too risky to invest in meme coins.

oktana

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There are many factors you need to look out for when investing in any coin or token at all. One of them is the use case. This is important because it tells you about the use of this coin, how much is it needed? Why is it needed… and so on. Other things you need to look for is the total supply, etc. For DOGE, I think it’s an Okay investment (but do your research). Even if DOGE has gradually left being just a meme coin, it still has high volatile and can be easily pumped and dumped (I think).

batang_bitcoin

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Quote from: The Watcher of All on January 04, 2024, 01:54:18 PM

Small bag. You never know Musk integrates it in X

While I have been a fan of Doge since a long time ago. If Elon did really like Doge, he's already put his money where his mouth is a long time ago. But he didn't and it's just all for the clout but no doubt that he's effective every time he tweets about it. So, who knows if X will do some payment method as well integrated on their app as what he calls the superapp but how long will people have to wait about it? It's probably going to take time and longer than expected or better even not to think about it.

Hildentine

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Doge is a great project they are achieved there goals Doge are very strong project they already give there investors a good profit and the future it's a chance they rise there position so anyone invest first see there next step then decision invest are not.

The Watcher of All

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Small bag. You never know Musk integrates it in X

JamesDaniel90

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I am still holding my Doge not much only 5000 but am doing so in the hope it can reach £1 in the bull run.

This would give Doge a market cap of £142b - is that realistic?

Essential10

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I haven't invested in meme coins yet, I don't really like such coins. Meme tokens have no real intrinsic value or use case, and their prices are driven entirely by speculation and hype. In the long run, these tokens are unlikely to provide any sustainable returns or benefits to investors. Such a meme coin has a strong community behind it. You can never imagine there next move. Meme Coin Investing is a personal decision you can make if you want to invest in Dogecoin as your extra spending money.

Sophokles

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Quote from: Jonyshake71 on September 15, 2023, 09:01:50 AM

Most of the people always advice to not to buy any memecoin which is valid also cause memecoin is unpredictable and not stable in comparison of others altcoins but here doge graph is different than other memecoin. It is developing and pumping continuously since decade. It pump every year in advance like others potential coin. Altogeth it has risk but i think it would be good to hold for bull run

Doge has something unique that other meme projects don't have. Doge is highly promoted by the world's richest man, who loves Doge more than Bitcoin. He plans to make his recently bought social media channel, Twitter, a financial hub where users can do anything. If he is planning to make Twitter a financial hub, then he will use Doge in that process as well.

blockman

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Quote from: Jonyshake71 on September 15, 2023, 09:01:50 AM

Most of the people always advice to not to buy any memecoin which is valid also cause memecoin is unpredictable and not stable in comparison of others altcoins but here doge graph is different than other memecoin.

Doge is exceptional from most of the altcoins that we've got in the market. Many still likes it but ignores the other meme coins because they're not really good at all. Some are still quite good and you'll get to see that they're profitable but there's still a huge difference compared to dogecoin.

Quote from: Jonyshake71 on September 15, 2023, 09:01:50 AM

It is developing and pumping continuously since decade. It pump every year in advance like others potential coin. Altogeth it has risk but i think it would be good to hold for bull run

I tend to disagree with that. Is Doge still developing? AFAIK, it's no longer being developed and it's just been left there as is. But even with that, the community of it is making it still the strongest meme coin of all.

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Quote from: yohananaomi on July 31, 2023, 11:58:23 PM

Quote from: cute nmp on July 29, 2023, 12:46:32 PM

Don't think it is a good idea investing in meme coins rather you can find other altcoins that have very good concepts and invest in them. Although many have made thousands and more from meme coins there are just based on hype most don't have any good concept or a working product.Just don't invest what you cannot afford to lose on meme coins cause anything can happen you can make lots of profits or lose lots of money.

there are so many people who think like what you said, that not to make any investment in meme coins. because meme coins always don't provide benefits or it can't be predicted that it will continue to be successful, it will still be on the stock market later.
most coin memes are big because of hype, like doge because of the influence of elon musk, not because of the development that was carried out.
but it must also be remembered that doge is indeed an exception, because there are still many who hope that later it will be able to increase during a bull market.
even though they also know that they might lose their funds later, they are always willing to speculate for the doges.

While its tempting to surf the high tide, all tides eventually recede. Meme currencies fluctuate based on public opinion and powerful people, not real-world utility or technological progress. It would be like buying a ticket to a sold-out event because a big star might perform. Even though Dogecoin has prominent backers and a significant fanbase, dont generalize about other meme coins. Try meme coins with money you're willing to lose. Always be knowledgeable and factual

Jonyshake71

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Most of the people always advice to not to buy any memecoin which is valid also cause memecoin is unpredictable and not stable in comparison of others altcoins but here doge graph is different than other memecoin. It is developing and pumping continuously since decade. It pump every year in advance like others potential coin. Altogeth it has risk but i think it would be good to hold for bull run

Topic: Is Doge worth investing? - page 3. (Read 2441 times)