Topic: Thoughts on Doge coin. - page 2. (Read 170 times)
That's because they still think that altcoins or meme coins can repeat their success by getting pumps from people like Elon Musk. In addition, because the price of the meme coin is still very small, they are willing to sacrifice some money to invest in meme coins, even though they don't know whether the meme coin can repeat its success in the next altcoin season or does it take longer to start increase. I have been buying Dogecoin and Shiba for a while now and am just waiting on the timing. And if those two coins don't increase any time soon, those two meme coins will just complement the coins I have in my wallet.
I have strange relationships with doge coins.
I like investing in altcoins and I believe that there are a lot of good projects that bitcoin maxis are ignoring. And you definitely can't say that altcoins are useless.
But if you think about meme coins, they are mostly useless and pump only because of the hype. So it's a dangerous asset to invest in, that's why I don't like meme coins.
But two years ago I decided that I want to try buying some doge hoping that it will fly up and I was wrong and lost some money. From that time, I decided for myself that these coins are not worth investing in. And after two years I still think that it's better to invest in coins that have some kind of utility/project.
But I still see that there is a huge community of people who still buy doge and wait for it to go "to the moon" despite it still being a coin that only Elon can pump.
So why do you think people still want to risk their money buying meme coins instead of buying bitcoin or some good altcoin? I think that even if doge will start pumping, it won't go x10 because its market cap is too high.
Do you still buy doge or other meme coins?
I like investing in altcoins and I believe that there are a lot of good projects that bitcoin maxis are ignoring. And you definitely can't say that altcoins are useless.
But if you think about meme coins, they are mostly useless and pump only because of the hype. So it's a dangerous asset to invest in, that's why I don't like meme coins.
But two years ago I decided that I want to try buying some doge hoping that it will fly up and I was wrong and lost some money. From that time, I decided for myself that these coins are not worth investing in. And after two years I still think that it's better to invest in coins that have some kind of utility/project.
But I still see that there is a huge community of people who still buy doge and wait for it to go "to the moon" despite it still being a coin that only Elon can pump.
So why do you think people still want to risk their money buying meme coins instead of buying bitcoin or some good altcoin? I think that even if doge will start pumping, it won't go x10 because its market cap is too high.
Do you still buy doge or other meme coins?
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