Topic: Is worth to invest in dogecoin? - page 5. (Read 1401 times)
an alt investment which is very wrong because dogecoin is too risky, especially the price determinant always affects bitcoin and if you have large amounts of dogecoin and if the price drops by 1-3%, the loss felt quite sad, in my opinion other altcoin investments other than doge are wiser.
I think that once creating this coin was just a good joke. It is still just the digital currency of the Internet. In my opinion, dogecoin is a bad choice for investment, you should find a more worthy coin.
The best DOGE coin for long-term investment, Doge is also often used by miners to arbitrate, because of low fees and stable prices. Many support Doge coins, this is one of my favorite coins too. At least you have to buy doge coins at cheap prices like now and hold them until next year, the possibility of prices will rise.
I completely agree with you. Dogecoin rises a few times a year, giving confidence to people who can profit. That's why I've been waiting for Doge for a long time and I've been selling it when it rises.
The best DOGE coin for long-term investment, Doge is also often used by miners to arbitrate, because of low fees and stable prices. Many support Doge coins, this is one of my favorite coins too. At least you have to buy doge coins at cheap prices like now and hold them until next year, the possibility of prices will rise.
Well i guess its still a good coin if you're into making money then its a big YES but this is just a memecoin in which created only just for fun and people still recognize it as a alternative payment for other services that accept it. And i think buying Dogecoin for a cheap price could make you a lot of profit once it pumps up to 200 sat or more than that.
Also this coin already pumps up before and i am one of the holders that i bought from 20 sats which really gave me a lot of profit in year 2017 and hodling this coin for a long term is good and also for a day trade.
many believe in doge coins, many transactions are converted first to doge. I think this is related to transaction costs. with many fans I think doge is suitable for long-term investment, I think the trust of many people will give strength to doge. and one thing is for sure, this coin has lasted long enough, so it is worth investingAlso this coin already pumps up before and i am one of the holders that i bought from 20 sats which really gave me a lot of profit in year 2017 and hodling this coin for a long term is good and also for a day trade.
Well i guess its still a good coin if you're into making money then its a big YES but this is just a memecoin in which created only just for fun and people still recognize it as a alternative payment for other services that accept it. And i think buying Dogecoin for a cheap price could make you a lot of profit once it pumps up to 200 sat or more than that.
Also this coin already pumps up before and i am one of the holders that i bought from 20 sats which really gave me a lot of profit in year 2017 and hodling this coin for a long term is good and also for a day trade.
Also this coin already pumps up before and i am one of the holders that i bought from 20 sats which really gave me a lot of profit in year 2017 and hodling this coin for a long term is good and also for a day trade.
It was not worth to invest in dogecoin as the supply is infinite.. For a long and short term im still will be stay away from this type of coin even tough they has a strong community behind of this coin. This coin might be popular on the gambling site but for the investment just stay away from it. you will never know when it will drop hard cause the current supply are way to much for me now.
everything can happen in cryptocurrency. dogecoin is altcoin which was launched in 2013 at the time many say that dogecoin is a joke or fun coin. because of the cute dogecoin symbol. but it is proven that in 2017 the price can skyrocket and is ranked in the top 20 CMC coins. and currently dogecoin is at number 30. I think there is no harm in trying to buy dogecoin because the price is quite cheap at only $ 0.002 and also includes potential coins. maybe in the future the price will go up.
I also have great confidence in investing in this coin because Doge is always held by a lot of investors and this coin will usually increase in price at the beginning of the year so I believe this is the best opportunity to buy. In fact, this is just a normal coin but if you have a good investment strategy, you absolutely can make a huge amount of money. I have tried this coin trading in 2018 and have doubled profits in just a few days so hopefully this can happen again. 
Generally speaking, all investments change value due to an imbalance (real or imagined) between supply and demand.
In this case:
There is no limit to how many ‘Dogecoins’ can be produced;
The production time is very short;
More than 100 Billion are currency in circulation;
There is currently no real commercial application.
Its difficult for me to see any reason why the price would rise under such circumstances.
In this case:
There is no limit to how many ‘Dogecoins’ can be produced;
The production time is very short;
More than 100 Billion are currency in circulation;
There is currently no real commercial application.
Its difficult for me to see any reason why the price would rise under such circumstances.
Well.. sometimes logic doesn't work in cryptocurrency market and as a result we have coins such as DOGE going up. All of your points are valid, and ideally this shitcoin should have died down a long time ago. But somehow it managed to build a large and loyal user community, and they have been successful in keeping the coin afloat. But we need to see for how long they can sustain this coin, without any sort of real-world application. At some point, it is going to collapse and when that happens the DOGE fanboys will be running for cover.
These are good currencies, standing firm are the good currencies from 2017 to the present. However, its value does not have strong fluctuations, the supply is too large, there will not be much profit for investors.
everything can happen in cryptocurrency. dogecoin is altcoin which was launched in 2013 at the time many say that dogecoin is a joke or fun coin. because of the cute dogecoin symbol. but it is proven that in 2017 the price can skyrocket and is ranked in the top 20 CMC coins. and currently dogecoin is at number 30. I think there is no harm in trying to buy dogecoin because the price is quite cheap at only $ 0.002 and also includes potential coins. maybe in the future the price will go up.
doge is indeed a coin that is widely used by people regardless of the amount, I think it will still surprise investors. cheap prices make everyone can buy it and invest in it I will wait for a doge pump like 2017
Well doge is a good coin to invest not so much volatile in terms of price. But do not expect high return ,but the good thing is you will not lost that big unlike to those newly created project right now you can lost all your money by investing with thier project.Having huge amount of supply is one of the characteristics of doge, if you want to trade doge it is one of coin that safe to trade in. Because it has has Volatility that can give you small profits but safer way.
The dogecoin opportunity is quite good, its function which is often used in trading strategies makes it functional. So that for the long term it is quite promising, but for those who want spontaneous benefits will be quite difficult. Technically, Doge is supported by a team of professionals and continues to develop its products, forming unique niches with a strong support community. It's just that the unspecified max supply is one of the weaknesses of the doge to develop prices.
For me this coin does not have much value in investing because DOGE is no longer a promising investment and you will face a lot of great risks if you invest in this coin. As I know, the development team of this project has stopped working and there are not many big changes when investing so please think many times before making a decision. You can speculation on this coin but only hold it for a short time and always set price sell after buying to minimize the risk of trading.Future of DOGE will be very dark so instead of choosing DOGE, you should look for the better new coins available in this market.
The dogecoin opportunity is quite good, its function which is often used in trading strategies makes it functional. So that for the long term it is quite promising, but for those who want spontaneous benefits will be quite difficult. Technically, Doge is supported by a team of professionals and continues to develop its products, forming unique niches with a strong support community. It's just that the unspecified max supply is one of the weaknesses of the doge to develop prices.
The prediction will be always prediction.
Many people say that certain coins will raise highly in some years later, let's see the fact in the future.
die from this statement, I believe also that Dogecoin is a worthy coin to have, for trading or even holding. Even they have a small price, we all know that this coin has a high trading volume.
It also offers the different concept of the cryptocurrency that makes many token holders interested to buy this coin.
Many people say that certain coins will raise highly in some years later, let's see the fact in the future.
die from this statement, I believe also that Dogecoin is a worthy coin to have, for trading or even holding. Even they have a small price, we all know that this coin has a high trading volume.
It also offers the different concept of the cryptocurrency that makes many token holders interested to buy this coin.
I think this is one of the good coins out there, my reason is the fact the coin has lasted more than those created before and after it, that is to say there is something within the coin which keep sustaining it. I think one of the reasons why most people shy away from it is its supply, apart from that I see no other issue wrong with the coin. Also, investing in any coin comes with choice, that is, what is driving you to the coin etc. So study the coin from your own angle and know if is worth it. For me, I would invest and keep it for long term.
Dogecoin has always been popular, even tho many people think of it as just a joke coin. It's supporters are a pretty tight knit community, which counts for a lot in crypto.
But as an investment? I don't think so. There's no limit to the number of coins being created, although they'll tell you that inflation decreases over time, which is true. So in my opinion there's too much supply, and that's only going to get worse as time goes on, and that isn't a good thing for any coin's price.
Doge is a great gambling coin and a lot of gamblers use it for that, which is more than can be said for many other coins. As long as its price stays around 25 sats or so, I'm sure doge holders will be happy with that. I don't expect a major increase in the short or long term, tho.
But as an investment? I don't think so. There's no limit to the number of coins being created, although they'll tell you that inflation decreases over time, which is true. So in my opinion there's too much supply, and that's only going to get worse as time goes on, and that isn't a good thing for any coin's price.
Doge is a great gambling coin and a lot of gamblers use it for that, which is more than can be said for many other coins. As long as its price stays around 25 sats or so, I'm sure doge holders will be happy with that. I don't expect a major increase in the short or long term, tho.
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?
On the other hand, experts predict that dogecoin price will rise high in the upcoming years.
What's your take on dogecoin?
Generally speaking, all investments change value due to an imbalance (real or imagined) between supply and demand.
In this case:
There is no limit to how many ‘Dogecoins’ can be produced;
The production time is very short;
More than 100 Billion are currency in circulation;
There is currently no real commercial application.
Its difficult for me to see any reason why the price would rise under such circumstances.
Yeah, Dogecoin is a popular platform in recent time but you have to consider some factors before joining any project, Such as, You have to look forward to the demand and supply of this coin, If your supply is huge then the demand of this coin must be hampered, and the supply is low then the demand would be desirable, so demand and supply should be considered, I think the price of any coin is measured by supply and demand, you can take a risk for short term investment, Since the price is increasing so you may but some coins whatever you can and focus on the price chart very actively and sell those when your desired price has come. I think you might get a good result from this project.
nowadays there are many who use them, so I also think they are suitable for investment, plus the price that sometimes makes a surprise in the market. for long-term investment in my opinion is suitable the most important thing you have to be patient because the price movement of the doge is quite time consuming
I am also one of the users of dogecoin, but I think if, for long-term investment, doge is not suitable because the increase is not high enough. However, we cannot predict because the movement is quite long, and people use dogecoin only for withdrawal purposes because the cost of dogecoin is low. Jump to: