What did you think about the future of dogecoin? - page 3.

Kristiyana

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Quote from: Ben Barubal on June 10, 2024, 06:59:33 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 now, Dogecoin is quiet, even though many other altcoins are making noise in the market. But in spite of such happenings, Doge still remains and is easy from what I see because its market cap is still large and the daily trade volume is still high.

That means that the size of the community that it has is still there, because the style of Doge, as far as I can see, seems to be waiting for an opportunity for other popular people to invest a lot in Doge, and then suddenly Doge will move in an unexpected way. chance of the majority that he can do. So many of its holders still rely on it.

That's good to hear because I was actually having another taught if I should keep holding it because in as much as I have some doge on my portfolio i use to feel somehow considering the fact that so many altcoins are not reliable and they could seem to be doing well but in the future there will be no trace for them, that's why I'm on a quest to no if I made the right decision on having some doge on my investment portfolio.

EarnOnVictor

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Quote from: btc78 on June 10, 2024, 02:21:17 AM

Quote from: yazher on May 23, 2024, 07:00:30 AM

you need to be vigilant when it comes to selling it at the right time or else you won't be getting the highest price possible to sell because others are quick when it comes to selling them when their price is at ATH.

Just remember not to be greedy.

Take these memecoins as they are. A lot of them will perform well in a specific time but then fall behind after a while so don’t expect too much that they will reach higher prices. Once you have hit your target, take it and save yourself from possible losses. Unless you want to be brave and take risks and wait it out.

You've issued the right advice, but at the same time, cryptocurrency has its bullish and bearish seasons, so it is more predictable in general when to sell our investment in any of them. Although I always advise investors to be vigilant because anything can happen in the market, that is why being a friend to the market chart is very important. Some smart investors will even use the opportunity of the chart to maximize their earnings as they invest and divest many times before the bullish season is over. It is all about the full understanding of the crypto market's dynamics and being smart about it.

Also, about meme coins/tokens in particular, they will behave the same way most regular cryptocurrencies will behave. They will benefit from the much-expected altcoin season, but the only thing is that they may not move so significantly upward as many would be expected of them. We should come to the realization that they are increasing in number daily, so the total money to be invested in them all must spread among them as well.

Beside, no one should keep their meme coins beyond necessary, especially when the bearish season starts.

peter0425

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Quote from: Mate2237 on June 10, 2024, 04:54:08 PM

And that doesn't speak well about the coin because it counterparts and some of them just came new and making wave (trending) in the cryptocurrency space. If a coin is doing well definitely people would talk about it. It I have not heard anything about dogecoin for a long Time.

It can be possible that it is being talked about but just not in the spaces that you don't frequent in. But usually, if a coin grows exponentially, it is everywhere. Dogecoin definitely has not reached that level of growth to be the constant topic of everyone everywhere but I don't think it's doing that bad.

There are so many cryptocurrencies out there that you cannot expect for everyone to be talking about the same thing all the same time.

Ben Barubal

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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?

For now, Dogecoin is quiet, even though many other altcoins are making noise in the market. But in spite of such happenings, Doge still remains and is easy from what I see because its market cap is still large and the daily trade volume is still high.

That means that the size of the community that it has is still there, because the style of Doge, as far as I can see, seems to be waiting for an opportunity for other popular people to invest a lot in Doge, and then suddenly Doge will move in an unexpected way. chance of the majority that he can do. So many of its holders still rely on it.

Mate2237

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Quote from: Selingkuhan on June 10, 2024, 12:14:50 PM

It seems that Dogecoin is currently categorized as a meme coin which has made great progress among other meme coins. and I think there is no harm in saving this asset for future investment. but I prefer doge for lottery payouts.

If the present price nod the coin is making progress then it will make good results in the future because it is the past performance of the coin and mostly the present performance of the coin determines the future of the project. I have forgotten the last time I checked dogecoin it it seems everywhere is quite about the token these days. And that doesn't speak well about the coin because it counterparts and some of them just came new and making wave (trending) in the cryptocurrency space. If a coin is doing well definitely people would talk about it. It I have not heard anything about dogecoin for a long Time.

Selingkuhan

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It seems that Dogecoin is currently categorized as a meme coin which has made great progress among other meme coins. and I think there is no harm in saving this asset for future investment. but I prefer doge for lottery payouts.

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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?

Our thoughts on Dogecoin are not so important than Elon Musk's thoughts. But from my crypto experience I can say that during every bullrun there is a new altcoin hype. But during the next bullrun, that coin doesn't see much hype anymore. So I think top altcoins like ETH, BNB, BTC should be held.

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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?

As long as Elon Musk still supports Doge coin, I think Doge coin will still be a good coin. But I'm not sure if it's long term. Because in my opinion, altcoins or meme coins are like Doge, which are good coins for us to buy when the hype hasn't started yet and we have to release them when the hype happens, when the price has increased quite a lot. So I prefer to hold doge coin for the medium term. But in a bullish market, Doge Coin will definitely experience an increase in price. But maybe it won't be as big as other projects.

radjie

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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 has the potential to continue to increase in value in the future, there is no harm in holding Dogecoin for a long period of time. Even though many new types of meme coins have emerged that can have fantastic value, it cannot be guaranteed that they will last as long as legendary meme coins like Dogecoin.

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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?

Investing in meme coins is definitely risky because these coins are only considered as pump and dump coin. However, Doge Coin is considered by many to be the father of Meme Coin and the influence of Elon Musk behind this coin has made the coin widely popular worldwide. Recently Elon mask has also tried to give a very positive opinion about this coin. I think eventually this coin will surpass its previous ATH. It is very likely to rise above $1. However, an investor should not invest by looking at various advertisements while investing because It is more likely to lose. This coin has not started a big bull run after 2021 while other new coins are pumping. So it is important to be very careful before investing.

glendall

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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 think the future of Doge will be like now, there will be an increase if Elon provides a settlement or something similar that is profitable for Doge holders,
My advice is that if the doge experiences a pump, immediately take a position so that you get optimal profits, don't hold the doge back in large amounts because the doge increase is not routine, it requires extraordinary patience.

AnonBitCoiner

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Quote from: CoinMin3r on May 23, 2024, 08:17:11 AM

I think dogecoin is one of those coins which always perform good in bull market. Past market performance shows doge always follow BTC in uptrend action. So in next bull run it is one of those to watch out for. Assuming buying now and even if it reaches its ath, one can get handsome profit. Obviously there is risk but I think doge won't disappoint its investor.

Among meme coins doge coin is observed as a coin the performance of which becomes more better when there Initiates a bull season where the price of Bitcoin will affect the price of each and every other coin in a positive direction. Some people are afraid to invest in meme coins because they think that it is meme coins and it will disappear but i think that if it is present till now then in future it will also remain successful without disappearing.

Those coins which are not trusted coins disappear in a very short period of time and they don't take such a long time and success like that of dogecoin so trust it and invest some amount according to your income to be more profitable in bull season because dogecoin will shine when we see another ATH for Bitcoin.

btc78

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Quote from: yazher on May 23, 2024, 07:00:30 AM

you need to be vigilant when it comes to selling it at the right time or else you won't be getting the highest price possible to sell because others are quick when it comes to selling them when their price is at ATH.

Just remember not to be greedy.

Take these memecoins as they are. A lot of them will perform well in a specific time but then fall behind after a while so don’t expect too much that they will reach higher prices. Once you have hit your target, take it and save yourself from possible losses. Unless you want to be brave and take risks and wait it out.

mich

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Well I think Doge coin is still a good meme coin to hodl. And now there is a major exchange that did add more trading pairs for it.
Kraken has now added Doge/GDP and Doge/AUD. For Kraken to make this possible I think is showing it wants to offer more global trading for the investors.
Kraken did this cause of a growing demand for Doge. And that is ‘bullish’ news for me that has Doge in my portfolio.
https://u.today/dogecoin-gets-new-trading-pair-on-major-us-crypto-exchange-details

CoinMin3r

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I think dogecoin is one of those coins which always perform good in bull market. Past market performance shows doge always follow BTC in uptrend action. So in next bull run it is one of those to watch out for. Assuming buying now and even if it reaches its ath, one can get handsome profit. Obviously there is risk but I think doge won't disappoint its investor.

yazher

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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 still has a good future since it overcame most of its counterparts throughout the years of its success and now it is still one of the next altcoins overall and the number one Memecoin. You can put it in your to-invest list of altcoins because it has the potential to grow even further and it is one of those altcoins that will gonna be successful in the upcoming bull runs but take note when investing in altcoins and especially memecoins such as this one, you need to be vigilant when it comes to selling it at the right time or else you won't be getting the highest price possible to sell because others are quick when it comes to selling them when their price is at ATH.

X-ray

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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.

the main thing that become a turn off for considering doge coin as an investment is the market capital IMO.
the coin has reached its peak probably, wherever its going its not gonna be as big achievement as it was before, climbing from really small price to bigger one is good, but difficulty exponentially increases.
so its not gonna be easy for doge coin to pump, now even most of newer investors are putting their money at stake for other meme coin.

but do you know what matters most when we are discussing about meme coin is the shill, the shill could affect the market to favour doge coin in the blink of an eye, shill from someone that are having high position in many people's eyes.
only with that I think it can compete again.
however i'm skeptical that any shill will be meaningful anymore for doge coin, it has already got its share of shill that any shill has no effect.

Epaper

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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.

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Quote from: Asyifiah on May 17, 2024, 03:59:14 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?

Advice from many people will definitely tell you to hold onto the coin as long as it is still circulating on the market. After I saw the movement of Dogecoin, it was very unpromising because the coin had achieved what the developer wanted. There is some recent news about the price of Dogecoin even this year will reach a new ATH of up to $0.73 but I really doubt it. It's better if you also hold other top altcoins while waiting for the bull run or bull market to return.

I personally wouldn't tell anyone to hold it, I understand that it may look like it is good to hold but in most cases it is not good to hold a memecoin. I would prefer to hold something else, bitcoin for one of course, but if we are talking about alts then I would say ETH, BNB, ADA, MATIC, SOL, and even XRP would be better, ok maybe not the last one but I would still prefer not to hold dogecoin during this period.

This is why it is quite important to realize that we are not going to make any money from this, we need to see how we could improve better than we hope. The point is that we are going to get a better result one way or another, and to do that we need to just consider how we could pick something much better than doge.

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Quote from: Yogee on May 17, 2024, 04:23:40 PM

Quote from: livingfree on May 17, 2024, 09:01:31 AM

The future of Dogecoin is can be said here to stay because it's an OG meme coin.

Indeed. It has become an "institution" in the crypto industry that there are even some speculators that uses it as an indicator for a bullrun hehe.

Exactly, the community that was built through it have become scattered and despite that there are a lot of memecoins community out there. If you ask them, they all know Dogecoin and they'd be back to it if given a time.

Quote from: Yogee on May 17, 2024, 04:23:40 PM

Quote

And to answer if it's going to do better in the future, no one knows but as much as I want to say that it might do well, the market is the one to decide for it.

I think the market has decided already. It would have been gone a long time ago if the crypto community thought of dropping it just like the majority of meme coins today.

Yes, it's been loved by the community.

If it has to be gone, it should be long time ago already but no. The community loves it but it has made a craze that until now we're experiencing.

Topic: What did you think about the future of dogecoin? - page 3. (Read 984 times)