I saw also a potential with Dogecoin and I noticed that all gambling platform was used on this coin due to having small fees when having a transaction. So investing in this coin in a long term purpose is a good decision.
Here is a definition of Dogecoin,
- Dogecoin Is Not Hype Sensitive
- Dogecoin Mainstream Uptake On The Rise
- Dogecoin Easily Acquaints Newbies
- Dogecoin Mining Is Greener
- DOGE Has A Good Future Growth
- DOGE Refuses To Surrender
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Topic: Is worth to invest in dogecoin? - page 8. (Read 1379 times)
Dogecoin is a popular coin loved by all. But it has an infinite supply that hurts its price for long term.
The same holds true for ethereum, as it doesn't have any cap (correct me if I am wrong). But we see Eth price is way more then dogecoin.
It's good to have dogecoin in your portfolio, as they say, "every dog has its day"
Dogecoin is a popular coin loved by all. But it has an infinite supply that hurts its price for long term. When the day comes where the price of doge rises to yield a hefty profit, other coins would too rise to the similar position. So I don't think Dogecoin is worth the risk as an investor for long term. Dogecoin still could be a coin of choice for day traders.
We had many coins with unlimited supply and big inflation rate. It is not a problem when you are able to stake these coins and earn interest, but it is a problem for coins that are mined because miners will be interested in selling these coins. 
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?
I'm investing in Doge and people should because there's a usage of this coin, it's best for tipping fee is very small and the transaction is fast, I have used Doge when gambling it's very popular in gambling sites and so many exchanges are supporting Doge I'm very bullish on Doge that it could hit 150 sats per Doge.
The profitability of investing in any crypto coin solely depends on how well the investor understands the crypto market and the plans and strategies of the investor. Without this, you might lose your invested capital even if the crypto coin is a good coin to invest in. In as much that Elon musk and others are supporting dogecoin and saying that its market value might increase, it does not mean you should invest without understanding the crypto market and developing plans to invest.
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?
doge is really a good coin. but if you want to invest in that coin, I think it will take a long time to get a profit. many other coins are more profitable than doge. good doge but not suitable for investment, because it takes a long time. doges are better to use because they are cheap and stable.
It is a popular coin. However there are lots of other options available. Then why we have to taake risk and put in our hard earned money in Doge? Exclusive research on top10-20 coins would work.
Dogecoin is a popular coin loved by all. But it has an infinite supply that hurts its price for long term. When the day comes where the price of doge rises to yield a hefty profit, other coins would too rise to the similar position. So I don't think Dogecoin is worth the risk as an investor for long term. Dogecoin still could be a coin of choice for day traders.
Dogecoin become most looking coin by betting site where many people joining with gambling using doge for their betting payment platform, I think worth for investing in dogecoin for long term, you can hold bitcoin more than three years because price of doge always increase to higher price. 
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?
I would say Dogecoin is like meme or smiley for crypto world wherein everyone loves it but when it comes to investment I would say it's not the preferred coin for investment as it needs to limit the market supply and make some more development in order to compete for investment.
I feel like dogecoin served its purpose and it should not be "invested" anymore. Sure, you could have some play money of sorts, there are still gambling with dogecoin or you could buy to give for a good cause (there are still charities with dogecoin) all around dogecoin is great to spend on doge related stuff but when it comes to investing to make money it is not a long term good idea if you ask me. That is not to mean you can't buy doge now and get rich in a month, it is still possible, that is not something we can predict and assume yet I feel like buying doge today and being rich 10 years later doesn't look that plausible right now. Maybe it could happen however don't you think that is more possible with coins like bitcoin/ethereum/eos and what not because those look more long term.
Dogecoin have no hard cap and is inflationary. It will continue to inflate virtually forever, so unlike Bitcoin, Doge is an extremely large and uncapped supply. When supply is unlimited and demand does not keep up prices is expected to fall. also the community is tiny and insignificant. There is no development and hasn't been a new wallet release in 3 years. It used to be #4 in market cap. Now it is #29.
In crypto you have to innovate continuously just to stay relevant. Dogecoin didn't. And remember that price being low is never an indicator for a good investment. Invest in things that have value, have low risk and high potential for the future, ideally when they are undervalued. If you want to invest I would suggest Ethereum, Vechain and Nano. Both are the best in their use cases and have dedicated developers and communities.
In crypto you have to innovate continuously just to stay relevant. Dogecoin didn't. And remember that price being low is never an indicator for a good investment. Invest in things that have value, have low risk and high potential for the future, ideally when they are undervalued. If you want to invest I would suggest Ethereum, Vechain and Nano. Both are the best in their use cases and have dedicated developers and communities.
Not worth as a short-term or long-term investment option. dogeocin is only suitable for coin in gambling (i see a lot gambling site use dogecoin) because the transactions are fast and cheap. Even the daily trading in pair dogecoin is difficult to get profit.
Is not recommended.
Is not recommended.
Doge is a great coin to make some transactions, or to make a withdraw of exchange paying low fees
I don't follow the market of DOGE closely, but it's an old coin, with great support
I suggest you to study and see how doge react to market before doing any investment
I don't follow the market of DOGE closely, but it's an old coin, with great support
I suggest you to study and see how doge react to market before doing any investment
There were good times to invest in it but this time is already gone
I'm not so sure about DOGE coins (meme coins or just jokes) but what amazes me is that they are still needed every day, a reason this coin might be cheap for transaction costs and fast. but yesterday I was a little disappointed with this coin, where bitcoin and altcoin are experiencing (bull), DOGE coins have almost no movement, only a slight increase. Unlike before where bitcoin experienced (bear) dogecoin, the price dropped even more. I don't really understand the problem with this meme coin analysis, but at the moment the dominant price is more normal.
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?
If you have a lot of funds, just invest in doge coins. Maybe you can make a target want to sell at what price after you finish buying. But my advice is better you just trade with doge because doge prices are pretty stable to be traded on the market. Go to binance and try to monitor daily trading activities for the doge
oh I just found out about that can dogecoin reach $0.5 in the coming years? It seems like it should be able to be supported by some big people but in fact I have invested quite a long time and will probably only sell at value when the bitcoin bullrun has been seen
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?
Estimates from experts on the price of dogecoin in the coming years can not be used fully, because in the past many experts also made estimates of the price of a token and a coin, but instead missed the forecast, because an increase in the price of a token or coin is definitely there is a reason on the market, even though tokens are very good though. On the other hand, experts predict that dogecoin price will rise high in the upcoming years.
What's your take on dogecoin?
I can't tell for certain, but if we were to go back to 2014-2015 where dogecoin received a lot of hype due to it promoting a NASCAR driver Josh Wise, I would say it is pretty worth it, considering that the price of 1 doge by then almost tripled, from 39 sats/doge to 110 sats/doge. Right now it doesn't seem to get a lot of traction considering that it hasn't broken the 50 sats range for quite some time, and it effectively sat on to where it is since there are no more news nor projects that it is receiving currently on its community.
The value of Dogecoin does not lie in its price alone but the capability of Dogecoin making a micro and fast transaction, we are valuing it because of this. Almost everybody in crypto knows about Dogecoin on the other hand not all of us know about Lisk that has a higher price compared to Dogecoin. 
I think dogecoin is not the right choice to invest because there are still many altcoins that have more potential compared to dogecoin. I use dogecoin only when sending crypto to my friends because fee is cheap and the transaction is fast for me
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