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Topic: Is worth to invest in dogecoin? (Read 1401 times)

sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
August 25, 2020, 11:28:17 PM
holding or trading dogecoin actually very interesting. its price that easy to recovery and drop give us many opportunity, usually dogecoin move on limited range while there is no important news in market. i am several time buy and sell only in few days and get good profits. i am recommended to add dogecoin as our portofolio both in long term or short term.
sr. member
Activity: 1372
Merit: 250
Seabet.io | Crypto-Casino
August 25, 2020, 11:49:13 PM
for me it is very suitable if you want to invest in Doge coin, doge coin has high demand and volume but I use Dogecoin more as a short term investment
because the movement is quite fast in the market if for the long term it is not very suitable because Doge coin has a high total supply so that the price will not increase many times in the long term
full member
Activity: 434
Merit: 104
August 25, 2020, 10:57:42 PM
Not sure but if I were looking for cheap price even in a small profit return I would suggest to buy doge but it's not for long term holding because in my observation the price range is not totally change but who knows what will happen in the future.
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game
August 25, 2020, 10:52:26 PM
Dogecoin is traded almost all big exchanges with good daily volume and it is a good investment for short and long investment as its price still very low and one small jump will give you good return at this stage.

I think so too, doge coins are widely used on gambling sites as betting so it will definitely be useful and good for the long term, even though the price does not go up and down quickly, but one of the safe options for the long term.
full member
Activity: 487
Merit: 100
August 25, 2020, 10:22:24 PM
Well!! Did you know? Dogecoin has gained a lot of popularity in the crypto space, as a lot of experts like Elon musk, vitalik, and john McAfee have shown love and support for dogecoin.

On the other hand, experts predict that dogecoin price will rise high in the upcoming years.

What's your take on dogecoin?

I don't care about the price of Dogecoin in the future, I just keep and see it as a tool to transfer my money to exchanges such as Binance, Bittrex
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
August 25, 2020, 10:08:20 PM
Dogecoin is traded almost all big exchanges with good daily volume and it is a good investment for short and long investment as its price still very low and one small jump will give you good return at this stage.

That's true even a 2 sats jump can give you a nice profit this is good for day traders and who continuously trading for profit, I'm using this in place of Ethereum to cashout to our local wallet Abra it's cheap and transaction fee and confirmation speed is excellent, it's a perfect alternative for fast and cheap transaction fee.
legendary
Activity: 1862
Merit: 1518
August 25, 2020, 05:36:33 PM
We do not know what coin will pump, perhaps, with the passage of time, we will gain profits from the Dogecoin, its price is really low, so we can invest it at this low price. Even if we lose these money, it will not be a great loss, and I see that the Dogecoin project has capabilities and algorithms that will help it grow and spread, We hope that after several years we will find this coin profitable for investors.
sr. member
Activity: 1414
Merit: 255
August 25, 2020, 02:51:56 PM
Feasible or not in investing all depends on yourself in doing research because everyone has a different point of view in determining their investment. Even though Dogecoin has an unlimited supply, at least it's still worth investing in but not recommended in the long term
member
Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
August 25, 2020, 01:39:07 PM
I think dogecoin is a skeptical token that requires expertise to trade or invest into. It is definitely not a bullish token but had been a useful token for pump and dump scheme. As an investor, it it is up to you to get yourself a good investment entry, buy, hodl and sell at a higher price
hero member
Activity: 2184
Merit: 531
August 25, 2020, 01:14:14 PM
Elon Musk's favorite crypto project, I think the project still lives only thanks to its community.

Doesn't mean that Elon will help it pump. Saying you like something without really being an investor is not worth much.

Anyway, I like doge. It has much more value to it than shitcoins like BSV despite the price of BSV being higher. Price has not much to do with value or utility.
full member
Activity: 346
Merit: 100
August 25, 2020, 12:50:38 PM
I would say not worth to invest in doge cause the price movement are so barely move. With the infinite supply i dont think you will make any money in trading. Doge is good for used case in casinos site as a lot of casinos using doge and doge also has a low fees for transaction so for investment it will probably not worth at all...
MI6
hero member
Activity: 1260
Merit: 504
Betking.io - Best Bitcoin Casino
August 25, 2020, 12:44:01 PM
Even dogecoin has unlimited supply and the price won't increase just like the other coins I think it's worth to invest on doge but not for a long term investment maybe for day trading or swing trading? I'm not that expert on trading but it seems it's not really good for long term in my opinion.
full member
Activity: 1498
Merit: 146
August 25, 2020, 12:33:40 PM

Lots of crypto traders are using Doge. The one thing that I remember the first days discovered Bitcoin was watching youtube users who show off their trading profit and I noticed his Tshirt was the dogecoin dog. He is just so proud in trading doge that made him more money.

Investing to doge must be worth but you would have to wait for months to years. Its meant for long term investors.
Doge coins is following kind of parabolic cycle for many times already so that is really a good coin for investing in long term, even recently the price of Dogecoin increased a lot due to the tiktok challenge but it got reduced in no time as well that is why it is mandatory to sell at the right time if you want to make profits.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
August 25, 2020, 12:21:07 PM

Lots of crypto traders are using Doge. The one thing that I remember the first days discovered Bitcoin was watching youtube users who show off their trading profit and I noticed his Tshirt was the dogecoin dog. He is just so proud in trading doge that made him more money.

Investing to doge must be worth but you would have to wait for months to years. Its meant for long term investors.
member
Activity: 684
Merit: 10
August 25, 2020, 12:10:50 PM
Elon Musk's favorite crypto project, I think the project still lives only thanks to its community.
full member
Activity: 1274
Merit: 100
August 25, 2020, 12:04:47 PM
Dogecoin is traded almost all big exchanges with good daily volume and it is a good investment for short and long investment as its price still very low and one small jump will give you good return at this stage.
full member
Activity: 728
Merit: 100
August 25, 2020, 12:00:55 PM
somehow since I was in crypto I didn't really like this coin even though some time ago it had experienced an increase in price but it still made me interested, by the way I also laughed when I saw the article you shared, there is a picture of 1 DOGE = 1 LAMBO! Cheesy
sr. member
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
August 25, 2020, 11:19:28 AM
i would definitely say yes to invest in dogecoin.

Dogecoin is good for long time investment because it has a technology that has not really been used as bitcoin. It fees are good for transfer. Although many talk on the unlimited supply but if for example there is some burn, the value can rise rapidly.
Dogecoin's technology will never be widely used, which is why Dogecoin cannot become one of the top altcoins in this market. I will not invest in this project because it will not be too profitable for me
sr. member
Activity: 2366
Merit: 332
August 25, 2020, 11:16:36 AM
i would definitely say yes to invest in dogecoin.

Dogecoin is good for long time investment because it has a technology that has not really been used as bitcoin. It fees are good for transfer. Although many talk on the unlimited supply but if for example there is some burn, the value can rise rapidly.
full member
Activity: 896
Merit: 102
August 25, 2020, 10:58:29 AM
We thought that a cryptocurrency based on a joke with the Meme logo can´t survive. But, it was proven that we were wrong. Around the Dogecoin was a great community created, it has itself marketing, look at all Dogecoin memes and even in 2020 still, Dogecoin is so popular. A few weeks ago there was a TikTok challenge to buy Dogecoin, again created as fun. But you see, it works!
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