What did you think about the future of dogecoin? - page 2.

Qiubell5

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Quote from: Abiky on June 18, 2024, 02:42:17 PM

It's reliable alright. But I wouldn't recommend holding it for the long term. Especially with its inflationary rate. New DOGE will be created over time, leaving us with an endless supply of the cryptocurrency.

I believe Dogecoin will remain the sole survivor of the "meme" coins group because it's the one coin that started it all. Price-wise, it will decline. But the Blockchain itself will become bigger and stronger than ever. This could be more than enough for DOGE to have a bright future. Crypto land behaves in many strange and bizarre ways, so expect the unexpected.

holding doge coin triggers growth for the project it holds, but for the long term it looks like we have to assess it first and that needs to be done including there is speculation that the coin may surpass its previous high, I believe holding is the thing that needs to be done for now with many price predictions bullish on the radar traders want to know whether buying doge is a good choice,I hope you are lucky.

Abiky

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Quote from: gurunanakji777 on June 15, 2024, 12:31:42 PM

I believe Dogecoin is as reliable as Bitcoin and Ethereum. We are all familiar with Dogecoin. It has weathered bear markets, so I don't think it will end up like other meme coins. Additionally, Dogecoin has a good reputation in the market, and many people use it to save on transaction costs. I believe holding is the best option. If you can manage to wait, you should hold on until the bull run.

It's reliable alright. But I wouldn't recommend holding it for the long term. Especially with its inflationary rate. New DOGE will be created over time, leaving us with an endless supply of the cryptocurrency.

I believe Dogecoin will remain the sole survivor of the "meme" coins group because it's the one coin that started it all. Price-wise, it will decline. But the Blockchain itself will become bigger and stronger than ever. This could be more than enough for DOGE to have a bright future. Crypto land behaves in many strange and bizarre ways, so expect the unexpected.

Sayeds56

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Quote from: gurunanakji777 on June 15, 2024, 12:31:42 PM

I believe Dogecoin is as reliable as Bitcoin and Ethereum. We are all familiar with Dogecoin. It has weathered bear markets, so I don't think it will end up like other meme coins. Additionally, Dogecoin has a good reputation in the market, and many people use it to save on transaction costs. I believe holding is the best option. If you can manage to wait, you should hold on until the bull run.

There is no doubt that Dogecoin has shown resilience and has a dedicated community, making it more reliable compared to other memecoins. Its lower transaction fee is also an added advantage of Dogecoin block chain. However, it remains highly volatile, and lacks technological development of Bitcoin and Ethereum, and could be agffected by evolving regulations. Holding Dogecoin for long term could be beneficial for you if you can tolerate the volatility. It is always advisable to take calculated risk, stay informed and diversify your portfolio to mitigate risk involved with investment.

gurunanakji777

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I believe Dogecoin is as reliable as Bitcoin and Ethereum. We are all familiar with Dogecoin. It has weathered bear markets, so I don't think it will end up like other meme coins. Additionally, Dogecoin has a good reputation in the market, and many people use it to save on transaction costs. I believe holding is the best option. If you can manage to wait, you should hold on until the bull run.

bitgolden

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One thing I still admire about doge even though I would never invest into it, it's definitely decentralized. Many people look at legacy address owners and see how much they own, but that is just centralized in ownership of the coins, and they may sell and crash if they want to, but they can't change the blockchain, they can't print more doge just because they want to.

It means that we are talking about a situation where almost all of the top 20 coins have some dev team working on it, aside from a few, bitcoin is one for sure, ethereum is another, litecoin could be, and then doge. Look at all others, it's incredibly centralized, all others could be changed tomorrow with a new update if the dev team wants to, so doge is actually decentralized.

trendcoin

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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?

I don't want to give investment advice to anyone else, I think you should do your own market research instead of taking investment advice from others... However, I would like to say that I have a good opinion about Dogecoin. First of all, it is the king of memecoins. Just like Ethereum is the king of platform coins. It's the first in its field. I think it will always have some advantages because of this feature. Other than that, I actually don't take memecoins too seriously because I think that's their nature. So, I would never invest in them long term. I don't think they're worth investing long term. I wish you a good day...

MeGold666

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It never had any future, it's just a pump and dump scam.

Enjoy losing your money.

Abiky

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Quote from: arufox on June 12, 2024, 02:23:25 AM

No one can predict what the future holds for Dogecoin. However, in terms of existence, at least I predict that Dogecoin will still exist in the future. However, when it comes to whether the price will experience a significant increase in the future, that is difficult to predict. Maybe if there was someone like Elon Musk who could increase the price of Dogecoin.

Dogecoin WILL survive. But it won't be as valuable as it is right now. Especially when the supply grows at a non-stop rate. Sooner or later, Elon Musk will get tired of Dogecoin. Once that happens, you can say goodbye to the "meme" coins craze for good.

Why focus on buying worthless "meme" coins when you can buy something that retains its value over time? Bitcoin and Litecoin are much better choices, imo. People truly don't understand how crypto economics work. They believe that any coin promising huge returns are worth the investment. They'll ultimately get "rekt" in the long run. Who knows how far will the DOGE go? Cheesy

Qiubell5

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Quote from: el kaka22 on June 11, 2024, 06:36:53 PM

People think that they could "game" the system by just yoloing and having fun, because once upon a time they did that. Do you see everything in the world that happened once also happen again and again? Some stuff do, some stuff never get repeated again. Like do you also expect to see a lottery winner to go and win it again and again? Of course not. This is why I think it should be something that will take a while, and we need to reconsider how we could do better in the end as well.

This doesn't mean that we are going to be doing something that would be simple, just let it be. I hope that people could avoid these meme stuff, because it is not going to be a good investment at all, and they should avoid that as much as possible.

from coin this must take into account all these uncertainties people considering investing more kedegocoin than they can afford to lose, cryptocurrency prices are very volatile which means it is very risky, you should do research about degocoin which is intended to clarify its direction but I think in the long term as a coin whose performance is getting better with and takes quite a long time.

Essential10

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Quote from: kentrolla on June 11, 2024, 02:07:13 PM

I don't think Doge will have much scope this time because there are other contenders like BOME, PEPE and BONK which has gained more popularity and the era of doge has ended with the Elon Musk's hype back in 2021 itself and I think this time it's about new popular memecoins and I don't indulge in memecoins but if I had to choose I would choose newer ones compared to Doge.

Doge Coin is a very old meme coin, no one can really say for sure if this coin will stand a chance in the coming bull run but I also think that Doge Coin will not go far. If the price goes up then an average price will go up but it seems unlikely to me that it could do anything in my personal opinion. Yes recently BOME, PEPE and BONK etc. are trying to reinvent the meme coin market. But I have BOME & BONK coin as a potential hope in the upcoming bull season but I am not very optimistic about Pepe coin that he will go much further.

arufox

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No one can predict what the future holds for Dogecoin. However, in terms of existence, at least I predict that Dogecoin will still exist in the future. However, when it comes to whether the price will experience a significant increase in the future, that is difficult to predict. Maybe if there was someone like Elon Musk who could increase the price of Dogecoin.

bastian466

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Continue until there is a new trend that adopts doge again like other celebrities or the richest people in the world, so that a memecoin trend can emerge like what happened at that time. keep waiting until an indefinite amount of time as long as you can invest your spare money in other altcoins, it doesn't matter if you want to hold on to doge coin

Hispo

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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?

Whether your decide to continue to hold an alternative currency is supposed to be a personal choice and move after research and previously knowing where you are going to relocate that money for it in order to grow faster, or at least at a better place.
So, that being said, I am going to give you my personal opinion.
I think in the long term Dogecoin will continue to be a staple within the world of meme coin, it has proven to be a very good track record, it has a high volume and it is supported by all major exchanges. Dogecoin is a coin which is completely driven by the force of their community, so I would advice you to go and do some research on how the Dogecoin community feels and whether their are either encouraged or discouraged on the future of the project, whether they are looking for new projects to invest in or not, that kind of information is of a very big value to you. Just my two sats, obviously. Good luck.

el kaka22

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People think that they could "game" the system by just yoloing and having fun, because once upon a time they did that. Do you see everything in the world that happened once also happen again and again? Some stuff do, some stuff never get repeated again. Like do you also expect to see a lottery winner to go and win it again and again? Of course not. This is why I think it should be something that will take a while, and we need to reconsider how we could do better in the end as well.

This doesn't mean that we are going to be doing something that would be simple, just let it be. I hope that people could avoid these meme stuff, because it is not going to be a good investment at all, and they should avoid that as much as possible.

sulendra12

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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?

It will stay like this unless there is a huge altcoins season and somehow there are still influencers who cares to speak up and hype up these meme coins. If Elon Musk didn't say anything back then, bet no one mentioned and discussed about Dogecoin and other meme coins like these days. I do still use it for faster transaction and cheap fees but other than not a fan of it.

kentrolla

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I don't think Doge will have much scope this time because there are other contenders like BOME, PEPE and BONK which has gained more popularity and the era of doge has ended with the Elon Musk's hype back in 2021 itself and I think this time it's about new popular memecoins and I don't indulge in memecoins but if I had to choose I would choose newer ones compared to Doge.

saladin7000

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In my opinion, Doge Coin is one of the memecoins that is successful and can still survive in the crypto world, because until now Doge Coin can still compete with altcoins that are in the top 10 CMC, and I think that up to now Doge Coin is still one of the best memecoins. all time and is very worth investing in the long term.

electronicash

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Quote from: Abiky on June 11, 2024, 11:17:14 AM

Quote from: Epaper on May 23, 2024, 04:59:36 AM

No one knows what the future prospects of Dogecoin are. But I think, it seems that Dogecoin is not worthy of being a long-term investment because the supply is unlimited so it tends to make the price decrease. Apart from that, Dogecoin's fundamentals are not strong, especially since the supply to the market is so large that the coins are unlimited. However, if you still hold it, the decision to sell or not depends on you. The important thing is to sell if the price rises and can be profitable, never FOMO and FUD in cryptocurrency investments.

Of course it isn't. Only a fool would think otherwise. The unlimited supply is a dealbreaker for me. In economic terms, Dogecoin should become less valuable over time. It's already struggling to reach $1. The only reason it "pumped" for a short time was because of Elon Musk's endorsement. Without this guy, Dogecoin would've been doomed by now.

People are only buying Dogecoin and similar "meme" coins with the hopes of getting rich quick. But that's not the way it works. They'll ultimately get "rekt" due to poor investment decisions. Why not choose serious projects such as Bitcoin or Ethereum instead? Long-term speaking, the returns are much higher than "meme" coins. As it's said in the real world, "you get what you pay for". Why do you think "meme" coins are so cheap?

i'm still hoping there is a good chance the price will rocket up and continue to do so even with the supply issue. for several years it has maintained its tank above though. if there are big asset management companies going to file an ETF for doge, i think it will still be making the price shoot to mars. the selling point i think is still doge decentralization and still a good option for a store of value.

pancakebirb

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behind the scenes of doge coin there is elon musk and that is what makes the price of doge coin go up like it is now. and regarding the future it seems that doge coin has a good chance, apart from its quite large users on the one hand doge is also one of the first meme coins among other meme coins.

Abiky

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Quote from: Epaper on May 23, 2024, 04:59:36 AM

No one knows what the future prospects of Dogecoin are. But I think, it seems that Dogecoin is not worthy of being a long-term investment because the supply is unlimited so it tends to make the price decrease. Apart from that, Dogecoin's fundamentals are not strong, especially since the supply to the market is so large that the coins are unlimited. However, if you still hold it, the decision to sell or not depends on you. The important thing is to sell if the price rises and can be profitable, never FOMO and FUD in cryptocurrency investments.

Of course it isn't. Only a fool would think otherwise. The unlimited supply is a dealbreaker for me. In economic terms, Dogecoin should become less valuable over time. It's already struggling to reach $1. The only reason it "pumped" for a short time was because of Elon Musk's endorsement. Without this guy, Dogecoin would've been doomed by now.

People are only buying Dogecoin and similar "meme" coins with the hopes of getting rich quick. But that's not the way it works. They'll ultimately get "rekt" due to poor investment decisions. Why not choose serious projects such as Bitcoin or Ethereum instead? Long-term speaking, the returns are much higher than "meme" coins. As it's said in the real world, "you get what you pay for". Why do you think "meme" coins are so cheap?

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