What did you think about the future of dogecoin?

fikrett

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Quote from: mich on September 27, 2024, 04:36:32 AM

Well now I think we are starting another 'bull run' and bear market is over. Doge is up more then 16 percent in just the last 7 days. It is more then Bitcoin and all other coins in top 10 coinmarketcap.
There is a whale that did accumulate 1.4 Billion tokens. It did cost him $140 Million for them. It does make us think he does know something is going to happen.
https://thecryptobasic.com/2024/09/26/dogecoin-whales-accumulate-1-4-billion-doge-will-price-follow/

Interesting, thanks for the article!
I do think we are not yet into the full-blown out Bull cycle yet, but the prerequisites start piling up.
Let's see how it will go.

mich

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Well now I think we are starting another 'bull run' and bear market is over. Doge is up more then 16 percent in just the last 7 days. It is more then Bitcoin and all other coins in top 10 coinmarketcap.
There is a whale that did accumulate 1.4 Billion tokens. It did cost him $140 Million for them. It does make us think he does know something is going to happen.
https://thecryptobasic.com/2024/09/26/dogecoin-whales-accumulate-1-4-billion-doge-will-price-follow/

betswift

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Quote from: zakster on July 29, 2024, 03:13:57 AM

For now, I am on Hold.
Some are saying to get short-term profit because it'll fade away eventually. But I am inclined towards a bit more hodling.

It's everybody's choice, and DOGE, of course, is far better than other memes just because of the sheer volume behind it. HODL is viable, especially in spot, however, no futures, in my opinion.

zakster

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For now, I am on Hold.
Some are saying to get short-term profit because it'll fade away eventually. But I am inclined towards a bit more hodling.

betswift

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Quote from: hamba laeh on July 28, 2024, 01:35:43 PM

Quote from: Kristiyana on April 29, 2024, 04:55:09 PM

What did you think about the future of dogecoin?
Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?

Dogecoin is the best memecoin in history, because it was able to increase significantly in the past few years, making it increasingly known to the public and until now its price has decreased quite far from ATH. However, in the future, no one predicts that Dogecoin will find a new ATH in the next few years. So in my opinion Dogecoin is no longer suitable as an investment at this time. because the opportunity to increase in the future is very difficult.

Yeah, I agree. It's still good, but not that good to try something out with it without some major news or shilling for it. As many posts that I saw here at the start of the thread, I would slowly sell any DOGE I have and pour the profits into some stables or alts with potential, or just in ETH.

hamba laeh

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Quote from: Kristiyana on April 29, 2024, 04:55:09 PM

What did you think about the future of dogecoin?
Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?

Dogecoin is the best memecoin in history, because it was able to increase significantly in the past few years, making it increasingly known to the public and until now its price has decreased quite far from ATH. However, in the future, no one predicts that Dogecoin will find a new ATH in the next few years. So in my opinion Dogecoin is no longer suitable as an investment at this time. because the opportunity to increase in the future is very difficult.

Qiubell5

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Quote from: Kelward on June 25, 2024, 05:11:37 AM

Dogecoin is the first memecoin and is among my list of top altcoins, maybe it's price might not skyrocket but I believe that it'll still remain relevant in the crypto market. It is not all the memecoins that should be considered worthless on the long term, doge and Shiba with a few others have defied the naretive of memecoins by being among the altcoins that are worth holding. Nobody can accurately predict what the price of Dogecoin or any other cryptocurrency will be in the future so DYOR and invest the amount that you can afford to loose.

You can see that Dogecoin's performance from time to time shows maximum performance. It will remain the main player that I predict in the cryptocurrency market in the future, with the assumption of a better growth rate and this is very volatile and has no case so that makes the future prospects with Expectations of bullish momentum have the potential to reach high levels but you need to be careful because bearish pressure could increase, but this estimate can all change as time goes by.

Abiky

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Quote from: mich on June 24, 2024, 12:51:06 AM

Well I think Doge coin was going to show big profits because it is Elon Musks favorite crypto. But now we see that he did exclude Doge from the initial X payments filings. Maybe he will not use it now but we do not know if Doge will be use din the future for it.

I am still 'bullish' on this coin. I have more Doge coin in my crypto portfolio then any other meme coin. https://www.fxempire.com/forecasts/article/dogecoin-price-eyes-0-15-rally-despite-elon-musk-excluding-doge-from-twitter-payments-1440448

Elon Musk doesn't want anything serious with Dogecoin. If he did, he would've already kept his promises. The guy is only teasing investors to "pump" market prices all the way to the moon. Integrating DOGE into X's payments platform would be only a distant dream. I hope people learn their lesson and stop following this man to make their own investment decisions.

Dogecoin will never have a future because of the way it was designed. It will survive, but don't expect it to become extremely-valuable in the long run. For that, we have Bitcoin and Ethereum as serious long-term investments with a deflationary model. Especially BTC which is the one coin that started it all. I wonder if all the other "meme" coins will die in the long run? The future is unpredictable, so expect the unexpected. Grin

Kelward

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Quote from: GreatArkansas on April 29, 2024, 07:55:15 PM

Quote from: Kristiyana on April 29, 2024, 04:55:09 PM

What did you think about the future of dogecoin?
Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?

For me, Dogecoin will stay. Since Dogecoin is the first and original Memecoin, others are just copy-paste or impostor. So for me, memecoin hype will always have Dogecoin. So for me, Dogecoin will stay and have future just like it was started and still here until now.

Dogecoin is the first memecoin and is among my list of top altcoins, maybe it's price might not skyrocket but I believe that it'll still remain relevant in the crypto market. It is not all the memecoins that should be considered worthless on the long term, doge and Shiba with a few others have defied the naretive of memecoins by being among the altcoins that are worth holding. Nobody can accurately predict what the price of Dogecoin or any other cryptocurrency will be in the future so DYOR and invest the amount that you can afford to loose.

FanEagle

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Quote from: mich on June 24, 2024, 12:51:06 AM

Well I think Doge coin was going to show big profits because it is Elon Musks favorite crypto. But now we see that he did exclude Doge from the initial X payments filings. Maybe he will not use it now but we do not know if Doge will be use din the future for it.

I am still 'bullish' on this coin. I have more Doge coin in my crypto portfolio then any other meme coin. https://www.fxempire.com/forecasts/article/dogecoin-price-eyes-0-15-rally-despite-elon-musk-excluding-doge-from-twitter-payments-1440448

That was literally the only reason why it went up, it had no other reason than that. So, when you think about it realistically, it means that unless Elon Musk talks about it, we are going to see it not go up again, ever. So anyone who buys dogecoin since then, and from now on, will only be buying something that can profit them only if Elon Musk tweets about it, that's it.

If you think that Elon Musk will tweet about it and make it go up, then you should go ahead and buy it and hold until he does. If you think that it is a stupid move to invest into something that depends on someone to tweet about it, which I do, then you should stay away from it, which I do. That is a very simple mathematics, nothing complicated about it.

mich

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Well I think Doge coin was going to show big profits because it is Elon Musks favorite crypto. But now we see that he did exclude Doge from the initial X payments filings. Maybe he will not use it now but we do not know if Doge will be use din the future for it.

I am still 'bullish' on this coin. I have more Doge coin in my crypto portfolio then any other meme coin. https://www.fxempire.com/forecasts/article/dogecoin-price-eyes-0-15-rally-despite-elon-musk-excluding-doge-from-twitter-payments-1440448

Godday

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Quote from: Rasa nanas on June 23, 2024, 06:27:51 PM

for me hold dogecoin doesn't matter because doge is the biggest meme coin and is currently ranked 9th in CMC. However you should not only include Doge in your portfolio because there are still many coins with more potential, such as BTC ETH and BNB. Even though I don't invest in Doge, I don't doubt Doge's future and I really believe Doge has a very bright future.

I believe in Doge and I think Doge is much better compared to other meme coins. Doge is the first meme coin as far as I know and I have profited several times from trading in doge. There are some other good meme projects like Pepe or wif but in my opinion none of them can replace doge. But as you said don't just invest in doge because it is a coinmeme and they don't have good fundamentals like Bitcoin or Ethereum.

Psalms23

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I think the future of Dogecoin is super hard to predict and full of uncertainties. It’s got strong community vibes and shoutouts from big names like Elon Musk, which keep it in the spotlight. But, it’s also crazy volatile and doesn’t have a unique use case, making it kinda risky. It’s smart to diversify your investments to avoid putting all your eggs in one basket. If you’re vibing with Dogecoin’s potential and are cool with the risks, go ahead and HODL. Just make sure you stay in the loop and maybe chat with a financial advisor to keep your game strong.

Rasa nanas

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for me hold dogecoin doesn't matter because doge is the biggest meme coin and is currently ranked 9th in CMC. However you should not only include Doge in your portfolio because there are still many coins with more potential, such as BTC ETH and BNB. Even though I don't invest in Doge, I don't doubt Doge's future and I really believe Doge has a very bright future.

re-start

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I've always been a fan of Dogecoin and have kept some in my wallet for the past few years. However, I suggest not holding Dogecoin for a long time. By analyzing the market and checking tweets, you can potentially earn more profit in a short time. This is one of the inherent features of meme coins.

ginsan

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Quote from: Kocret02 on June 23, 2024, 10:29:36 AM

Quote from: Kristiyana on April 29, 2024, 04:55:09 PM

What did you think about the future of dogecoin?
Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?

In my opinion, Dogecoin will return to its initial price, but not in the near future because currently there are so many competitors like Dogecoin that will make Dogecoin go down. and in my opinion it is not suitable to hold dogecoin in the long term because it is a memecoin.So be careful about holding memecoin for too long because the risk is very high.

That's a good thought, because indeed in investing in meme coins we are not by too long, because there could be a very sharp decline when the whale meme coin withdraws its profits.

But the reason why doge coin has survived to this day apart from Elon Musk being very bullish for its purchase is also that we have a lot of rumors that the X social media platform will integrate doge coin as a means of payment in X, and that reason is that many dogecoin holders have confidence about the future of dogecoin, but what is very fearful is that this is just a rumor and we don't know what the future will be like and will happen or not, if it happens, surely the holder will have a party, but what if the opposite does not happen, and that is the risk.

Kocret02

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Quote from: Kristiyana on April 29, 2024, 04:55:09 PM

What did you think about the future of dogecoin?
Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?

In my opinion, Dogecoin will return to its initial price, but not in the near future because currently there are so many competitors like Dogecoin that will make Dogecoin go down. and in my opinion it is not suitable to hold dogecoin in the long term because it is a memecoin.So be careful about holding memecoin for too long because the risk is very high.

Webetcoins

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Quote from: fullhdpixel on June 21, 2024, 07:15:42 AM

Quote from: Kristiyana on April 29, 2024, 04:55:09 PM

What did you think about the future of dogecoin?
Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?

Dogecoin is one of those things that people made it bigger than it should have been. I understand that it may feel like it is not going to be easy to fix peoples minds, so we need to at least try to fix dogecoin a bit.

It's a memecoin that has no reason to exist, it doesn't do any good, it doesn't have any innovations, it doesn't have any new features, it's just a shitcoin that was created for joke reasons ten years ago, and for the longest time nobody even cared about it, that is until Elon Musk made it popular. I think that has to be the case point for it, because after he left, it didn't get any good attention neither. If we are going to keep it tracking like that, then I do not think that we should invest our money into it at all.

This is the unfortunate truth, and people will deny this for a long time. It shouldn't have been this big, and people who make it bigger than it should be, are people who have no idea how it works at all. We should realize that it is going to hurt a lot of people if we are not careful.

I personally believe that the best thing to do right now would be just realizing that we are going to be hurt, so it is not going to be all that simple. Realize this, and do not invest into doge at all, because it is not a good project to risk your money with. If you really want to invest into something that is decent, go with bitcoin or ethereum or bnb or ada or sol, or anything at the top like that, it should be very good for you on the long run.

Abiky

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Quote from: fullhdpixel on June 21, 2024, 07:15:42 AM

Dogecoin is one of those things that people made it bigger than it should have been. I understand that it may feel like it is not going to be easy to fix peoples minds, so we need to at least try to fix dogecoin a bit.

It's a memecoin that has no reason to exist, it doesn't do any good, it doesn't have any innovations, it doesn't have any new features, it's just a shitcoin that was created for joke reasons ten years ago, and for the longest time nobody even cared about it, that is until Elon Musk made it popular. I think that has to be the case point for it, because after he left, it didn't get any good attention neither. If we are going to keep it tracking like that, then I do not think that we should invest our money into it at all.

Exactly. Since day one, developers said Dogecoin was a joke. Why would that change anytime soon? Unless the supply is reduced and coins are burnt, don't expect Dogecoin to go anywhere soon. People truly don't understand how cryptonomics work. If they did, they wouldn't be putting all of their life savings in a worthless coin with no future.

Don't get me wrong. Dogecoin will survive. But it will never become extremely-valuable. Not now, nor in another century. Eventually, Elon Musk will get tired of Dogecoin as he moves on to the next big thing in crypto. I wonder what that will be? Cheesy

fullhdpixel

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Quote from: Kristiyana on April 29, 2024, 04:55:09 PM

What did you think about the future of dogecoin?
Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?

Dogecoin is one of those things that people made it bigger than it should have been. I understand that it may feel like it is not going to be easy to fix peoples minds, so we need to at least try to fix dogecoin a bit.

It's a memecoin that has no reason to exist, it doesn't do any good, it doesn't have any innovations, it doesn't have any new features, it's just a shitcoin that was created for joke reasons ten years ago, and for the longest time nobody even cared about it, that is until Elon Musk made it popular. I think that has to be the case point for it, because after he left, it didn't get any good attention neither. If we are going to keep it tracking like that, then I do not think that we should invest our money into it at all.

Topic: What did you think about the future of dogecoin? (Read 984 times)