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Topic: Shall I HODL DOGE? - page 22. (Read 12526 times)

hero member
Activity: 1260
Merit: 510
December 28, 2020, 06:55:38 PM
Dogecoin can possibly blast later on however it does not imply that it is smarter to exchange your bitcoin to dogecoin which is bitcoin has a preferable occasion to pick up benefit over dogecoin. Bitcoin still the best in long haul hold.
If Dogecoin is not listed on many exchanges and is not listed on many cryptocurrency gambling sites I am sure Dogecoin will be of no value, because what supports the value of Dogecoin are these two things. That is why the price of Dogecoin rarely increases, because there is not much market demand.
member
Activity: 210
Merit: 10
Sovryn - Brings DeFi to Bitcoin
December 27, 2020, 01:59:54 PM
I have some DOGE, received from faucets. Not much just around 500.

After the increase in the transaction fees of BTC, I have thought of converting my BTC and LTC to DOGE for the transactions and keep them as DOGE. On the second thought, I thought of converting my DOGE to LTC and keep.

I have gone through some articles about DOGE's future price and I got some 50-50 opinions. I discussed with my friend and he suggested me to hold till mid-2021, I can't say why till mid-2021.

It's true that many sites have started accepting DOGE, thus it is getting popular so there is a chance that the price may increase. Still, my knowledge says there are certain loopholes like there is no upper limit in mining DOGE and it is still much easier to mine compared to others. In short, the demand & cost curve is a bit of a failure here. Though one can't say what might happen after 20 years.

Here I want some expert advice on this. Whether it is a good idea to convert and hold or keep my DOGE reserve constant.

Doge is nit worth holding in my eyes, even its founder said that it is a meme coin with no real use cases intended. Yes, if you are a fan and want to hold them as unique collectible coins then you must do that out of your passion, i do not think it is attractive as an investment coin.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
December 27, 2020, 01:55:40 PM
Selling bitcoins and changing to doge is a bad idea to me. I think BTC has more prospects for its future than doge.

If talking about usages, Bitcoin is far superior than Doge, selling your bitcoin and invest with doge is very risky as chance to experienced
downfall is very high, bitcoin is continuing to dominate the market.

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But if our capital is limited and we want to get a large profit and many times our existing capital, I suggest buying LTC. Because LTC in the next year will experience a significant increase, the increase in LTC in q1 2021 could reach 3 times the current price.

There are lots of projects around this market, you just need to spend some time to do your research and find what's suits to your
investment projections, knowing the potentials is really a big factor before investing your money.

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Better to sell doge and buy LTC that's my advice


Put your money where your knowledge is residing, that's much safer and you won't regret any decision that you'll be made.
full member
Activity: 521
Merit: 100
https://okglobalcoinsg.com/
December 26, 2020, 07:16:23 PM
Selling bitcoins and changing to doge is a bad idea to me. I think BTC has more prospects for its future than doge. But if our capital is limited and we want to get a large profit and many times our existing capital, I suggest buying LTC. Because LTC in the next year will experience a significant increase, the increase in LTC in q1 2021 could reach 3 times the current price. Better to sell doge and buy LTC that's my advice

member
Activity: 616
Merit: 12
The Standard Protocol - Solving Inflation
December 26, 2020, 06:08:28 PM
Presently selling bitcoin for dogecoin would be a terrible idea, cause bitcoin is pumping massively right now and dumping it for dogecoin that is just stable at 28sats you will definitely miss out on the huge pump happening in bitcoin, but if your mind is already made up its okay, after all the decision is yours to make, I just hope you make the right one you won't end up regretting later.
staff
Activity: 1316
Merit: 1610
The Naija & BSFL Sherrif 📛
December 26, 2020, 04:04:16 PM
Converting your Btc to Doge just because of hike in transaction fees is a terrible idea, it's not advisable to hodl Dogecoin, the only meaningful thing anyone could do with doge is for making payment since it has a lesser commission fee. My only advice for you is to get Tezos and IOTA and hodl and watch them sprint come 2021
sr. member
Activity: 2436
Merit: 272
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 26, 2020, 03:02:59 PM
You are converting BTC to DOGE just because you feel that transaction cost of bitcoin is higher? It seems you care about the value of the assets more than its utility so why you are concerned about the transaction costs.

Doge is a decent coin and it was created as fun project so you can add that coin into your portfolio as one of the coin not as the only coin.
member
Activity: 1274
Merit: 14
December 26, 2020, 02:01:51 PM
It's not a good idea to bet on Dogecoin instead of Bitcoin. I wouldn't do that. I somehow kept Doge for a very long time, waiting for it to rise in price, now I don't want to mess with it. Use as a means of payment in small trade, yes, it is a good tool, but nothing more.
full member
Activity: 1316
Merit: 105
December 26, 2020, 01:43:20 PM
dogecoin is not the best coin for the holding because it has unlimited supply. sometime Mask pumps this coin but it does not mean that he will do this all the time. dogecoin is good for money transfers because of low comission.
hero member
Activity: 1260
Merit: 504
December 26, 2020, 01:43:04 AM
Dogecoin can possibly blast later on however it does not imply that it is smarter to exchange your bitcoin to dogecoin which is bitcoin has a preferable occasion to pick up benefit over dogecoin. Bitcoin still the best in long haul hold.
sr. member
Activity: 2618
Merit: 439
December 26, 2020, 01:09:49 AM
I have some DOGE, received from faucets. Not much just around 500.


Why not just use this for gambling as there are many sites who accepts Dogecoin since this is only 500 coins and the Value is too cheap.

Maybe In gambling you can Double this or more?

and besides increase with this currency should have been High if there is really a goon investments because almost all coins made their 50% increase,
sr. member
Activity: 1736
Merit: 306
December 26, 2020, 12:50:32 AM
because I am not very familiar with DOGE so I never buy or plan to HOLD in the long term but if you have done a lot of research and already believe in DOGE then you can HOLD and also sell all the BTC you have. but is lol Cheesy
sr. member
Activity: 1876
Merit: 318
December 25, 2020, 07:59:46 PM
DOGE is a good coin to hold, so why not HODL DOGE. I've even been holding DOGE since 2018 until now, I believe 5 years from now
DOGE will give big profit to holders. Many people predict DOGE will hit a price of $ 1, therefore there was hype on TikTok platforms.
Although DOGE ended up failing to hit $ 1, but I see failure is not the end of it all. There is still a chance that DOGE will reach $ 1,
Moreover, there are many rumors that say that in 2021 there will be alt seasons. So it is possible that DOGE could reach its target of
$ 1 by 2021.
sr. member
Activity: 876
Merit: 253
Vave.com - Crypto Casino
December 25, 2020, 03:49:48 PM
In my view, doge isn't such kind of coin that people are aiming to investment.i didn't see any mejor development of doge since years.its a good thought to minimize fee by using doge coin, even i also did the same something several time but holding doge in your wallet isn't a good idea.doge has potential, so may raise in future but can't suppprt the idea of sell bitcoin and buy doge for hold! now its btc time, and hope you'll take the right decision
jr. member
Activity: 148
Merit: 2
December 25, 2020, 12:01:25 PM
I will hold the doge coin because I don't think we have to think about the future of the doge coin. Doge Coin is working on its own team so I think Doge Coin can make a good profit in the future. And the main reason is that we exchange most of these coins. This type of coin is very good in the crypt market. We always exchange Doge or other coins like Jemon trx. These types of coins are very good. I found out about their website and the team and I thought it was possible to hold Jay Doge. But here J will have to take any risk himself. No one else will take the responsibility of Ayapana. Thank you.

full member
Activity: 1414
Merit: 101
December 25, 2020, 03:27:48 AM
DOGE is a useless coin, don't holdit. Better yet buy one of the newer coins being launched these days with the bull run, you stand to make more money that way.
In a way the defi trend pulled crypto out of the cryptowinter so your best bet is the defi world. Not some BS crap dogecoin.
It's just your perception that talks like that because the price of the Doge coin has fallen, are you watching the market now that the price of Doge has risen again, you are like being disappointed with the Doge coin.
hero member
Activity: 1260
Merit: 510
December 24, 2020, 10:47:20 PM
after knowing that you only have 500 DOGE then my advice is that you don't need to convert it in Bitcoin or Litecoin. 500 DOGE when calculated at the current price of only around $ 2.2 and that's a small amount. you better HOLD it. if you have a lot of savings, just buy BTC / LTC and not to add more in the form of DOGE.
Do you have any other reasons besides value? 2.2 USD is not a bad amount if you get it for free, but if you look at the very slow price movements of Dogecoin, I would prefer you to hold other coins rather than keep them in Dogecoin,
maybe you can store it in litecoin, the price of litecoin is going up so fast, I am sure that at least 2.2 USD will be 5 USD.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
December 24, 2020, 04:55:18 PM
Compared to the price of doge by the month of November right now we've got a massive rise in the price. The market has turned bullish, but how long it stabilize is unpredictable. Holding at the moment is a good choice, but if there is some form of variation we need to be ready with alternate plans. In my view doge is a long term holding asset.
jr. member
Activity: 196
Merit: 2
December 24, 2020, 04:49:52 PM
selling btc for doge ? thats not very smart man..
sr. member
Activity: 1435
Merit: 250
PredX - AI-Powered Prediction Market
December 24, 2020, 04:40:25 PM
after knowing that you only have 500 DOGE then my advice is that you don't need to convert it in Bitcoin or Litecoin. 500 DOGE when calculated at the current price of only around $ 2.2 and that's a small amount. you better HOLD it. if you have a lot of savings, just buy BTC / LTC and not to add more in the form of DOGE.
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