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Topic: What did you think about the future of dogecoin? - page 5. (Read 973 times)

full member
Activity: 1025
Merit: 100
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I think DOGE coin is a memecoin that has very high potential and popularity in the crypto market, where up to now Doge can still survive and can compete with altcoins, besides that DOGE is a memecoin that can provide big profits to its users , until now there has not been a single memecoin that can match the achievements of DOGE coin.
sr. member
Activity: 2618
Merit: 439
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?

My short answer to all the questions you need is to ask Elon Musk.
What does Elon Musk have to do with anything? lol

Even Elon Musk can not force dogecoin to pump. Yes he can severely influence the price of the coin as I am sure many people follow him and find him inspiring enough to follow just about anything he does but at the end of the day it’s us investors who get to decide whether dogecoin is valuable enough to buy or not.
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For dogecoin to gain its current status is something truly extraordinary, but it is also probably one of the categories that many people put a lot of trust in to make quick profits because of the volatility of the coin. It's really big in the top crypto space.
Lots of memecoins are extremely volatile which presents a huge risk but this could also be a really good opportunity for huge returns.
sr. member
Activity: 812
Merit: 257
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Doge coin is an old coin that is worth holding in my opinion, because the price is still stable since a few years ago and at that time the price was about 4000 times lower than today. I sold too fast at that time, I tried to buy again and the fluctuation was so good, because of my greed and speculating without basic analysis, it led to hasty decisions. In my opinion, this legend meme coin is timeless, especially the trend of this genre is getting better and better, including being able to enter the global top cex. I will buy doge again to complement my portfolio. I think doge is also suitable for hodl for a while and take advantage.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
No one knows what will happen so it’s all speculation but holding dogecoin is definitely not a bad idea IMHO. If I had the funds to invest in multiple altcoins, one of them would be dogecoin. Dogecoin happens to be the father of memecoins just like Bitcoin happens to be the father of cryptocurrency. So I think that in the same manner, it is being respected and will keeping growing (even tho gradually).
The future of Doge coins is going to be great just like the rest meme projects that have been in the market for few years now.
I do not really know how the future is going to look like but I think I just have to keep waiting for what the future has for us.
I will not be in a haste to see through what is next to come to us but I am sure of making things works well and holding the best meme project in the market.

I won’t just say “the rest meme projects” because it’s not just about how many years they have been in the market. Investors of memecoins are usually one leg in one leg out. That’s why the volatility is on a different level. So if some news happens tomorrow, it is very possible that the other meme projects you speak of will vaporize like they never were there. So if you’re investing in memecoins, don’t be too certain but be alert. DOGE has earned (and is still earning) a lot of trust, you can’t compare it with the others.
full member
Activity: 126
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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?

DOGECOINS has been able to attract many investors in its long journey since 2013 and many are making high profits from this coin. Long term holding compared to short term investment makes it reasonable to expect huge returns from this type of meme as the market cap of this coin is higher than other altcoins. But I think this coin can do better in future even though I don't have my investment in DOGECOINS at present but I can keep my investment here in future.
sr. member
Activity: 1708
Merit: 295
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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?

My short answer to all the questions you need is to ask Elon Musk.

For dogecoin to gain its current status is something truly extraordinary, but it is also probably one of the categories that many people put a lot of trust in to make quick profits because of the volatility of the coin. It's really big in the top crypto space.
hero member
Activity: 2702
Merit: 510
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the future of doge coin that it is gonna be stagnating if not pumping a little bit, there's just nothing much you can expect from a meme coin thats already valued 20 billions like there is chance for it to pump again that is true, not to mention its meme coin we are talking about where the value of the coin depends on the mood of the market even if its 20 billion in market cap right now meme coin could always climbs up high anyway but know that there might be limit to what the market could be pumping when it reaches 20 billions it requires another billions to make it increase in price a little speaking about the market order surely the required money is less than that since its all just about how influencing the market but surely the bigger market cap means the harder it is to pump.
moreover there's no significant innovation coming to this blockchain, if i remember correctly the founder of this coin has abanadoned it long time ago if im not mistaken.
meanwhile there's contender called shiba inu that even tries to make various invention to their meme coin. so nothing fancy that i'd expect from it to be honest.
sr. member
Activity: 1008
Merit: 262
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No one knows what will happen so it’s all speculation but holding dogecoin is definitely not a bad idea IMHO. If I had the funds to invest in multiple altcoins, one of them would be dogecoin. Dogecoin happens to be the father of memecoins just like Bitcoin happens to be the father of cryptocurrency. So I think that in the same manner, it is being respected and will keeping growing (even tho gradually).
The future of Doge coins is going to be great just like the rest meme projects that have been in the market for few years now.
I do not really know how the future is going to look like but I think I just have to keep waiting for what the future has for us.
I will not be in a haste to see through what is next to come to us but I am sure of making things works well and holding the best meme project in the market.
sr. member
Activity: 1680
Merit: 288
Eloncoin.org - Mars, here we come!
No one knows what will happen so it’s all speculation but holding dogecoin is definitely not a bad idea IMHO. If I had the funds to invest in multiple altcoins, one of them would be dogecoin. Dogecoin happens to be the father of memecoins just like Bitcoin happens to be the father of cryptocurrency. So I think that in the same manner, it is being respected and will keeping growing (even tho gradually).
hero member
Activity: 700
Merit: 577
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I advise you not to sell it at the losing price because definitely Dogecoin will rise again in the future and therefore keep holding for about 6 years to come. If you sell now you will be a loser in the Dogecoin investment. Those who are investing in dogecoin will not regret in the future all though the movement of the coins is very low but that should not stop anyone from investing and keep holding.

When we talk about the best top 10 cryptocurrency, dogecoin is also there though as I said the price increase is very slow compare to others but it is better than those shitcoins.
full member
Activity: 448
Merit: 130
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?

Although I haven't invested in dogecoin yet. Dogecoin continues to be at the center of discussion even after meme coins are completely risky. Currently many meme coins are scamming, turning many people away from investing in meme coins. Dogecoin is a very old coin, we haven't seen its expected growth for a long time. But I have a feeling that if Bullran starts at the end of the coming year, it might go up in price, but I'm not sure. Since you have invested it is your personal decision and whether to hold it is also your personal decision. Even if there is a small amount of profit or cash flow, it is better to withdraw investment from meme coins and invest in more established coins like Bitcoin.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
the future of doge coin will be the same exactly as it is now maybe if bitcoin pumps further doge will also climb but that is not guarantee that doge coin gonna go to the moon.
the thing with doge coin market cap already big it gives smaller space for a pump, because the market cap is huge enough, pumping the coin will require massive capital, for a doge coin of course anything can happen its a meme coin thats being shilled by elon consistently but i don't think that it will rise massively again like in the past, its already too big as of now, at least from my opinion.
the other thing is that with the emerges of new meme coin i expect the smaller whales and meme coin investor gonna stick with the new coin since they really like to speculate.
as of now doge coin isn't really good to speculate the price is rather stagnating from the perspective of some people that favour volatility.
even pepe is performing better than doge these days. at least thats from my analysis toward most of the major meme coin, it might not really great for investing with small capital anyway.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
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?


Although it is very challenging to predict future of any specific cryptocurrency due to its inherent volatility of crypto market, it would be premature to dismiss Doge coin entirely, it remains an outstanding meme coin, having delivered outstanding performance in previous bull run, reaching all time high (ATH) of above $60. Its true strength lies in its robust support from celebrities such as prominent entrepreneur Elon Musk.
sr. member
Activity: 588
Merit: 338
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?
Right now, you shouldn't hold it at least for the whole bull run.
Sell it during the bull run and buy it again during the bear market.
I wouldn't write off dogecoin yet, it's the most reputable memecoin and I'll consider it as a top altcoin, with whales like Elon Musk, still backing it, I think that it can spring up a surprise in this bull run and yet aim for a new ATH.

Your advice is valid as far as I'm concerned, if dogecoin, is bullish in this bull run, then let him sale it and bag some ROI, then in the bear run when prices are hitting rock bottom, he can buy it again, and wait for the cycle over again.
hero member
Activity: 2268
Merit: 588
You own the pen
Well, Dogecoin hasn't been making any noise yet but considering the man behind it is Elon Musk who always promotes it, they are not gonna go down easily as the other meme coins that were only created to fool their investors mainly to pump and dump it whenever they acquired the right amount to abandon their project. Doge on the other hand, is secured but you need to consider that every altcoin is not like bitcoins so you better have a plan for the future on when you will sell those because there will come a time if Elon no longer promotes it, then its price will surely crash.
legendary
Activity: 3808
Merit: 1723
As long as Elon will keep tweeting about it then it has a future. Even before he started to talk about Doge it had little value but it still kept trading. I don’t think we will visit those lows which we had before Elon.

The fact that he might accept dogecoin as some form of payment for certain products or services is why it will always hold some value. Just keep in mind that it’s being mined and the miner revenue is very high and if it pumps it probably won’t hold that value for too long.
legendary
Activity: 2814
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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?

Why ask about the future of a coin that has been around for so long? This coin even continues to stay in the top 10 of coinmarketcap, maybe several times out of the top 10 but all major exchanges make this coin available in several trading pairs on their exchanges, with high trading volume.
If the future you mean is about prices, then all coins will not be able to avoid decline, but so far Dogecoin has managed to rise even though it hasn't passed their last ATH several years ago, maybe this coin again needs a tweet from Elon like he did several years ago which is the main reason this coin rose significantly and make the holders get fantastic profits.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
What did you think about the future of dogecoin?
 Is it going to do well in the future?
It’s quite impossible to answer that with 100% confidence. Of course just like you all we can do is speculate about the nature of movement of dogecoin.
Quote
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?
I think it’s important to keep checking how it’s currently performing and act according to that instead of just trying to think about the future. You can analyze the market and base your decisions on historical trends. It might not be as accurate but it’s better than trying to decide based on what you feel.

Just remember that memecoins such as dogecoin no matter how good it is right now isn’t typically good for long-term investment and has a potential to crash after some time.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
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, being the first meme coin can't be underrated or overemphasized, and just like Bitcoin which is the pioneer of cryptocurrency, Dogecoin is the pioneer of meme coin. So as long as meme coins are still being mentioned in the crypto world, Dogecoin will continue to be relevant. And whether or not some meme coins cease to be mentioned in the crypto world again, Dogecoin will continue to be mentioned, that's the way I can picture it for now. But for it to perform significantly as it did in its initial days is not feasible anymore, this is not the time that we have only a meme coin or two, we have many of them now, so the money would be split in them all.

The fact that it is a meme coin with a higher market capitalization equally means that the inflow may not be reflected so much in its price, which also means that, unlike the new meme coins with low market capitalization, it will not be giving such a huge multiples income anymore. Above all, Dogecoin is a good coin and will still remain a good coin in the future. In a worst-case scenario, between now and early 2022 you might have earned more than 5 times of your invested money.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
What did you think about the future of dogecoin?
What you expect from doge coin. It's already had very big marketcap now and what's next? do you expect doge coin to flip gold in term of marketcapitalization or it will have same mcap like apple?

Is it going to do well in the future?
As long as there will be a bigger bullrun than 2021 and yeah doge will increase a lot for sure.

The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?
You shall not  hold it if you are think that will not be profitable for you. Just exchange it with lower mcap altcoins that has not yet listed on the big exchange site.
The bigger mcap, the harder it will increase for sure. You can't expect doge coin to be pumped more than $1
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