Shall I HODL DOGE? - page 8. | Bitcointalksearch.org

DoublerHunter

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Quote from: Handsome Boy on March 14, 2021, 08:08:26 AM

Quote from: Dutchyyy on December 20, 2020, 05:16:06 PM

DOGE is a coin from the past. I can't imagine any significant news around DOGE, which will lead to a price jump either.

I don't find any reason to hold DOGE.

I agree with you, because DOGE is made only for meme coin and of course there is no reason for us to hold DOGE in the long run, therefore I suggest not to HOLD DOGE for a long time and sell it when the price has increased very high (giving you profit), because it is better for you to invest and HOLD in Ethereum than in DOGE (safer and definitely gives you profit).

^ I still have doge on my portfolio even I know that it was made a meme coin. In my own, dogecoin still worth it compared to scam altcoins.
There is nothing wrong if you are holding a small amount that you can afford, who knows dogecoin soon will pump up again and Elon Musk will tweet again about dogecoin for sure it will pump up the price. Nevertheless, Dogecoin is very common to use in most gambling sites that concern about low fees. I still have fate on this coin.

Handsome Boy

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Quote from: Dutchyyy on December 20, 2020, 05:16:06 PM

DOGE is a coin from the past. I can't imagine any significant news around DOGE, which will lead to a price jump either.

I don't find any reason to hold DOGE.

I agree with you, because DOGE is made only for meme coin and of course there is no reason for us to hold DOGE in the long run, therefore I suggest not to HOLD DOGE for a long time and sell it when the price has increased very high (giving you profit), because it is better for you to invest and HOLD in Ethereum than in DOGE (safer and definitely gives you profit).

Swopon

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Gamdom

Dogecoin hasn't any developments for a long time which is the biggest problem so far. There are many projects in the Crypto market which has continuous developments that's why they already create their position. Dogecoin has also a position but behind it there has an influence of Elon Musk. Now hearing a rumour that it will be listed on Coinbase. Though is has no physical value till now.

NoG-NoG

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Now that plenty of attraction is being created and many FOMOs already happening to dogecoin, I think that there is a high potential for this token to be able to reach utmost 1$ if the development and progress will continues. Also, dogecoin has a very strong hand investors such as Mark Cuban and Elon Musk whose always shilling to this coin.

electronicash

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Quote from: Negotiation on March 14, 2021, 03:36:49 AM

The market needs to be analyzed properly which currency is good for investing there are many coins that do not increase in value over a long period of time but decrease and the traders lose money. Therefore before holding the DOGE coin you have to see its charts to see how much it can go up this coin can be held at ethereum being pumped a lot.

with how much exposure it gets to the public and with the number of ATMs where Dogecoin is available, this coin could go way higher than we could expect. not everyone could buy BTC at its current price right now, which coin do you think the people will buy which is cheaper?

it could have dropped a thousand times already if there aren't people buying it. but it's not. so I'm holding just a few thousand of it until something is revealed in the future. Hodl Doge!

Negotiation

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The market needs to be analyzed properly which currency is good for investing there are many coins that do not increase in value over a long period of time but decrease and the traders lose money. Therefore before holding the DOGE coin you have to see its charts to see how much it can go up this coin can be held at ethereum being pumped a lot.

matchi2011

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Quote from: coin-investor on March 14, 2021, 12:22:22 AM

Quote from: J1mb0 on March 13, 2021, 05:49:26 PM

I will never invest and hold doge for long, doge is an investment currency in the short term.
Besides the supply of doge is limitless so it is not wise to invest too much in this coin.

The only reason it gets pump is because of Elon Musk number of a tweet about Dogecoin, the limitless supply is what keeps this coin from moving up, I like it's being a meme coin, fast transaction, and fee but that's what they offer, if only they have a limited supply, things could be different, people can speculate on its all-time high.

That's affect much since it's limitless the value really depends from how hypes has been done, Elon Musk as
the primary chilling this coin.

And look where he's bringing this projet chances that it will aim for more, even it's a meme coin it has good
service as mention, fast and less transaction fees.

Tash

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Quote from: rannovan on March 14, 2021, 01:19:58 AM

Quote from: charlesmichel1 on March 14, 2021, 12:10:05 AM

Meme coin is still a meme coin. There is nothing wrong with holding a small amount of doge (you got for free). But I wouldn't invest more in it or consider doge as a decent long-term investment.

yes, many people feel that they lose money when holding Doge coins because of the intention of seeking a higher price. But in fact the price is getting cheaper from day to day.
Doge is more suitable as a coin transfer between exchanges because of its low fees and fast delivery times

Its not 2018 you know, crypto moving ahead fast

rannovan

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Quote from: charlesmichel1 on March 14, 2021, 12:10:05 AM

Meme coin is still a meme coin. There is nothing wrong with holding a small amount of doge (you got for free). But I wouldn't invest more in it or consider doge as a decent long-term investment.

yes, many people feel that they lose money when holding Doge coins because of the intention of seeking a higher price. But in fact the price is getting cheaper from day to day.
Doge is more suitable as a coin transfer between exchanges because of its low fees and fast delivery times

coin-investor

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Quote from: J1mb0 on March 13, 2021, 05:49:26 PM

I will never invest and hold doge for long, doge is an investment currency in the short term.
Besides the supply of doge is limitless so it is not wise to invest too much in this coin.

The only reason it gets pump is because of Elon Musk number of a tweet about Dogecoin, the limitless supply is what keeps this coin from moving up, I like it's being a meme coin, fast transaction, and fee but that's what they offer, if only they have a limited supply, things could be different, people can speculate on its all-time high.

charlesmichel1

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Meme coin is still a meme coin. There is nothing wrong with holding a small amount of doge (you got for free). But I wouldn't invest more in it or consider doge as a decent long-term investment.

Lantind

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Quote from: Jaered on March 13, 2021, 11:36:02 AM

Dogecoin is a good HODL material, especially now that it is gaining mainstream acceptance like used as payment medium on Dallas Mavericks site. However, since its a meme coin one shouldn't hodl long term

Yes, Dogecoin is a meme token that always has value even though the price is relatively cheap and easy to get by anyone, but owning it can also be an advantage even though it is not suitable to be held in the long term.

bitquad

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Quote from: J1mb0 on March 13, 2021, 05:49:26 PM

Quote from: FIFA worldcup on March 13, 2021, 11:06:49 AM

Quote from: J1mb0 on March 12, 2021, 12:44:09 PM

Doge is being overblown, it is Elon Musk who is driving people crazy about Doge.
Investing in and holding Doge at this point can easily get you into Fomo.

Although i am not a big fan of Doge coin but the coin is in a fomo and hype. If you want to invest in it, then only put a small amount of your portfolio in the doge coin and sell them once its pump. Do not think of holding it for long time as it will back to less than 50 satoshi in few months once the hype is over.

I will never invest and hold doge for long, doge is an investment currency in the short term.
Besides the supply of doge is limitless so it is not wise to invest too much in this coin.

How does this short term trading affect your taxes? I have been trading with Doge also and made quite a bit with it. You can try to buy high sell low. I think it is good that Mark Cuban, Elon Musk and all the other celebs are pumping Doge. It could go higher.

J1mb0

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Quote from: FIFA worldcup on March 13, 2021, 11:06:49 AM

Quote from: J1mb0 on March 12, 2021, 12:44:09 PM

Doge is being overblown, it is Elon Musk who is driving people crazy about Doge.
Investing in and holding Doge at this point can easily get you into Fomo.

Although i am not a big fan of Doge coin but the coin is in a fomo and hype. If you want to invest in it, then only put a small amount of your portfolio in the doge coin and sell them once its pump. Do not think of holding it for long time as it will back to less than 50 satoshi in few months once the hype is over.

I will never invest and hold doge for long, doge is an investment currency in the short term.
Besides the supply of doge is limitless so it is not wise to invest too much in this coin.

JJJJames

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Quote from: philipma1957 on March 13, 2021, 11:54:07 AM

Anyone that has a few bucks should stack doge each and every month.

Now do I think doge is better than BTC absolutely not.
Do I think doge is better than LTC no.

I think people looking for long term coins to buy and hodl

Need to buy 500 usd of BTC each and every month.
And 50 usd of LTC each and very month
and 50 usd of Doge each and every month.

so 10 ,1, 1 ratio for the 3 coins. each and every month for next few years of investing.

My long term 5 year horizon for

BTC = +100k
LTC = + 1k
Doge = 25 to 50 cents

This does not mean I am smart or know anything at all.
If you follow my thoughts and lose money that does not mean I am responsible or owe you for your losses.
This is simply my thoughts of the 3 best coins to buy and hodl.

These three coins should only be buy and hodl investments.

How did you come to the 25-50c doge prediction?

philipma1957

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Anyone that has a few bucks should stack doge each and every month.

Now do I think doge is better than BTC absolutely not.
Do I think doge is better than LTC no.

I think people looking for long term coins to buy and hodl

Need to buy 500 usd of BTC each and every month.
And 50 usd of LTC each and very month
and 50 usd of Doge each and every month.

so 10 ,1, 1 ratio for the 3 coins. each and every month for next few years of investing.

My long term 5 year horizon for

BTC = +100k
LTC = + 1k
Doge = 25 to 50 cents

This does not mean I am smart or know anything at all.
If you follow my thoughts and lose money that does not mean I am responsible or owe you for your losses.
This is simply my thoughts of the 3 best coins to buy and hodl.

These three coins should only be buy and hodl investments.

geegaw

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Quote from: TWW on March 13, 2021, 10:50:05 AM

Quote from: acquafredda on March 13, 2021, 10:21:29 AM

It is an abandoned project, the blockchain gets bigger and bigger and mining is super concentrated in the hands of a few groups. No sane man would rely on Doge for the future! Elon Musk trolled the world and resuscitated a dead cat which is now bouncing up and down. Even if some developers would agree to change its structure what can you expect form a joke?

I don't believe anyone would keep their Dogecoin on hold if they were an investor or trader just because of the pump.
I am sure it will dump soon. doge does not have a strong enough foundation to withstand the market correction. when they have reached the bottom, then believe me it will be very difficult to wake up.

Although everyone understands that the doge is no longer strong and is able to maintain its past performance, it may not even be able to resist market corrections but it can still be the center of a big bang when this market is a pretty crazy world, large investors are always interested in investing in land that is vacant and lacks potential, basically its value is low and they will easily buy and raise virtual prices to trick other investors. Understand this operating rule, we can join, otherwise, we are just holding assets that are of false value

Jaered

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Dogecoin is a good HODL material, especially now that it is gaining mainstream acceptance like used as payment medium on Dallas Mavericks site. However, since its a meme coin one shouldn't hodl long term

criket

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Quote from: FIFA worldcup on March 13, 2021, 11:06:49 AM

Quote from: J1mb0 on March 12, 2021, 12:44:09 PM

Doge is being overblown, it is Elon Musk who is driving people crazy about Doge.
Investing in and holding Doge at this point can easily get you into Fomo.

Although i am not a big fan of Doge coin but the coin is in a fomo and hype. If you want to invest in it, then only put a small amount of your portfolio in the doge coin and sell them once its pump. Do not think of holding it for long time as it will back to less than 50 satoshi in few months once the hype is over.

yes, I am sure the price will be lower again. because the doge market movements are not so fast. we can ensure this asset will be better in the long term. especially with an unlimited supply, it will affect how the coin price in the market. it just depends on the demand, when there is a decline then get ready. we'll see he is down below.

FIFA worldcup

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Quote from: J1mb0 on March 12, 2021, 12:44:09 PM

Doge is being overblown, it is Elon Musk who is driving people crazy about Doge.
Investing in and holding Doge at this point can easily get you into Fomo.

Although i am not a big fan of Doge coin but the coin is in a fomo and hype. If you want to invest in it, then only put a small amount of your portfolio in the doge coin and sell them once its pump. Do not think of holding it for long time as it will back to less than 50 satoshi in few months once the hype is over.

Topic: Shall I HODL DOGE? - page 8. (Read 12545 times)