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Topic: Is Dogecoin a Good Investment for Today? - page 3. (Read 460 times)

full member
Activity: 616
Merit: 100
2018 year began not with the most pleasant news for all digital coins. The Asian market is trying to ban bitcoin, the governments of different countries want to introduce their national cryptocurrencies.  Against the background of the news began a total collapse of the rate not only bitcoin, but also other digital coins. Interest in dogecoin at the beginning of 2018 can still be called high. But will it be so in the middle and in the second half of the year? Perhaps, the hype, the popularity of coins will gradually fade away. There is an assumption that it will fall to the horse at all 2018 year.

Dogecoin's optimistic Outlook for the future of 2018 flashes as often as it is more pessimistic. Some say about the long life of the dogs, others-about his collapse in the current year. There is no reason to worry that this will happen in the first three months of 2018. For this period growth of a rate is predicted. So I think 3-4 percent of the capital can be allocated to this coin.
newbie
Activity: 210
Merit: 0
Doge coin is very good for investment because the price is cheap and the profits can be in every year very much. Doge many enthusiasts in addition to investing doge was much in use at international gambling sites.
full member
Activity: 280
Merit: 100
At the beginning of 2017, I invested in Dogecoin and already in may 2017 my investments increased 3 times. This coin has potential for long-term investments.
member
Activity: 117
Merit: 10
Did I miss something or did Doge really become an investment-attractive tool? This is not a coin for investment, plus everything else and the fact that Doge does not have the maximum number of coins and it is not known how many of them will be in the future. This coin is good for transferring money from one exchange to another, in order to reduce costs when transferring small amounts. Or Doge can be used for gambling or for participating in different projects, but it is unlikely that it is suitable for investing.
legendary
Activity: 3248
Merit: 1402
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Dogecoin is among the oldest cryptocurrencies. It is used a lot for gambling and it is also very fast, safe and cheap. However, the whole project wasn't created as something serious. It is still kind of a meme culture more than a decent crypto project. Yet there are some core developers of it now that want to create a doge-ethereum bridge by making an e-doge and connecting it to doge. This means that doge will have smart contracts. This might be what pushes the price upwards.
This project has an awesome believing community, but I am not sure if it is enough for this project to be a good investment opportunity.
hero member
Activity: 672
Merit: 500
Yes Doge is a huge potential coin to give good profit, i made some too, last year when reached its all time high..good coin for long term

You gotta be kidding, I bet you're not an investor but a simple developing country bounty hunter who says random stuff just for his campaign score. Don't believe any sane man may believe Dogecoin (a good coin btw) is a perfect choice for long-term
member
Activity: 231
Merit: 16
Yes Doge is a huge potential coin to give good profit, i made some too, last year when reached its all time high..good coin for long term
sr. member
Activity: 784
Merit: 250
improvement of doge does exist but yet also have stuff that looks good I think. for the long-term, more than five years could possibly produce. but the instant of hope things if doge I thought would not be possible. buy current may be nice, but a much nicer coin of doge too much.
jr. member
Activity: 136
Merit: 4
No of course. Creator of doge say what is only joke. If he say that, why you believe in it? )) I think doge is cheap coin for transactions and never more ))
newbie
Activity: 58
Merit: 0
Navryatli Dogecoin already justifies itself, initially the start was good, but too long dipped in price, and left the top off.
full member
Activity: 1358
Merit: 100
I think so maybe it's good for long term investment even this coin created for fun by the dev but still many people use this coin and believe that it will reach $1.
full member
Activity: 700
Merit: 136
Dogecoin is one of the early crypto coins and has a large community. Its huge supply is a negative factor but it can still go up from these price levels when the entire market is going up. I think there are many better choices than Doge to put your money.
full member
Activity: 476
Merit: 112
IDENA.IO - Proof-Of-Person Blockchain
Doge coin is a cheap version of Bitcoin, when the price of BTC rises, then the price of Doge also rises
and when BTC goes down, doge also comes down
so far there are still many people who use doge as a means of transaction, so its existence is still expected by many people
I think, doge is still good to be a means of investment
member
Activity: 462
Merit: 10
I dont see Doge have any good fundamental, since acouple years the price of DOGE just stay about 50 to 200 sathosi, the price action of Doge not like BTC or ETH that in every years going up. Dogecoin is better to use in day or swing trading, and i dont see any good thing to use it for long term hold.
legendary
Activity: 3346
Merit: 1352
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As someone who had invested in DOGEcoin in the past, I'd advice against it. From the exchange data, it looks like the interest is down. The devs are also not very active now and the coin is on its way to eventual doom, similar to other coins such as Quark and Terracoin.
member
Activity: 168
Merit: 10
I feel like a dogecoin. My first impression is that this is just a joke.
So until now, I have not invested in a dogeoin, and I will not invest in this type of token in the future.
On the contrary, I think the future should be based on the era of basicchain, so invest more in some useful cryptocurrencies.
member
Activity: 749
Merit: 13
I think not, there is no project that is clearly all monotonous and dev also not too active, actually both is also good but don't expect too much.
legendary
Activity: 3150
Merit: 1069
Dogecoin is a good coin but not as an investment. Though they have crest and trough, the price of dogecoin against other cryptos like bitcoin has relatively decreased and is decreasing. I sold all of my dogecoin holdings at 99 satoshi per coin a year ago. Now it's around 50.
hero member
Activity: 3080
Merit: 603
Dogecoin for long term? No. it has unlimited supply and that kills the gains.

But I still consider Doge as a good coin for having the most cheap fees and fastest transactions when there is something wrong within the bitcoin network. It's good as an alternative.
jr. member
Activity: 297
Merit: 1
So in short DOGE is best used as a trading token to get other altcoin if the price is good isn't that right? However as a long term investment as you guys as it is a flop. But still considering it as a meme crypto it is well under the top 100. I think it is under appreciated just because it is a meme, but considering what you guys said its true value is for everyday trading and we should see that way.
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