What would you do with 20,000 Dogecoins? - page 3.

dimonstration

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Quote from: Quantum907 on November 16, 2021, 11:24:03 PM

I think doge coin is a good and promising coin, after skyrocketing because Elon Musk is actively investing in Doge then the price of DOGE will continue to skyrocket, I believe DOGE can reach $ 1, and the most important thing we do with 20k doge is hold.

The only utility of $DOGE is just for transferring funds since its a mere meme coin. So it's either you will hold or flip it. The current price is already a miracle because Doge has no utility and it will not reach even 10cents if Elon didn't hype it. It has an infinite supply so guess what will happened in the future? 1$ goal is so huge and too good to be true but it can always happened once Doge supporters hit hopium and again and recruit other people that didn't know crypto to invest money on it.

Quantum907

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I think doge coin is a good and promising coin, after skyrocketing because Elon Musk is actively investing in Doge then the price of DOGE will continue to skyrocket, I believe DOGE can reach $ 1, and the most important thing we do with 20k doge is hold.

mindrust

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I would keep holding them doges. Meme business is not showing any signs of weakness. On the contrary, it is getting stronger every day. The more memes people produce, the stronger meme currencies will get and doge coin is the master meme coin which means you can't go wrong with holding doge. Maybe try your luck with shibcoin too but since it already became as big as doge, I think doge has a bigger potential. All it takes a tweet from Elon.

Dewi Aries

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Quote from: matchi2011 on November 16, 2021, 11:38:24 AM

Quote from: Dewi Aries on November 16, 2021, 06:32:30 AM

The last 20000 Doge, because other 20000 already invested to some altcoins, maybe i will hold it. Op not want to be in BTC i think use small percentage like 1000-2000 to trade into new coins which maybe OP can afford to lose because new altcoins, beside have high chance to pumped, but high chance too for the project to die in really short time.

Splitting it as well is something that will give benefits, if OP already split the half, either keeping it or paly with it
in a daily manner of trade, you said it right to use a small portion to invest with new coin, the chance of pumping is always
possible for new asset, but it's also backup with high risk of losing if you don't do your research before participating
to that certain project.

That is what i did now, although not much as what OP had. For new altcoins/tokens usually i only put $10-$20 because basic thing in investment is use money that we afford to lose, for me $10-$20 i still can accept if lose it. And we should know proportion of our investment depends on how much our capital in trading or investment.

Gozie51

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I suggest you still leave at least the 20,000 worth of doge unit for the future. You are lucky to have mistakenly stumbled over your 46,000 doge. So just leave that number of doge , Elon musk is in the business of hyping the doge and that coin can hype in the future. You have done a good job the way you have distributed your coins but don't dump your dogecoin.

dimonstration

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Dimon69

Quote from: ?? on ??

the current price of the doge is much different from when the doge was mined, maybe at that time the owner seemed to ignore it and now it seems as if he has found a forgotten treasure.
if the doge is mine right now. I think waiting for the price to rebound and sell all in. then swap to another potential coin, for fear of doge collapsing.

Many investors from the past didn’t really expect Doge to come this far. I have some Doge left in my wallet and I was really amazed when I look at it and the prize gets too high since 2018-2019. Those who just bought for fun or simply a fun of altcoins and love dogs buy it as memorabilia, they can consider it a treasure. It will be better if they were able to sell it during Elon’s hype in doge but if still in profit then it’s better to sell some and just buy back if it seems to have some hype again in the future.

matchi2011

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Quote from: Dewi Aries on November 16, 2021, 06:32:30 AM

The last 20000 Doge, because other 20000 already invested to some altcoins, maybe i will hold it. Op not want to be in BTC i think use small percentage like 1000-2000 to trade into new coins which maybe OP can afford to lose because new altcoins, beside have high chance to pumped, but high chance too for the project to die in really short time.

Splitting it as well is something that will give benefits, if OP already split the half, either keeping it or paly with it
in a daily manner of trade, you said it right to use a small portion to invest with new coin, the chance of pumping is always
possible for new asset, but it's also backup with high risk of losing if you don't do your research before participating
to that certain project.

lixer

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Quote from: sinuari on November 15, 2021, 02:29:28 PM

I've been involved in Bitcoin for a few years, in 2014 while mining Bitcoin with ASIC I put for a while the graphs to mine Dogecoin, then as they worth hardly anything I forgot about them until a few days ago I got to thinking that maybe I had not changed them to Bitcoin (as I did with the rest of what I had mined).

The thing is that I started looking for the keys and I found 46,000 Dogecoins, I have changed 6000 to Shiba and I was thinking about changing another 20,000 to other Altcoins.

In principle it has occurred to me to put a part in Ether, another in Loopring and another in Solana and / or Cardano, also put a tiny part in DOGGGO in case the people who are following it make it go up to the moon.

At the current rate of Dogecoin, I think that would be around $5000. Maybe you should look for one good altcoin and invest the whole $5000 in that good Altcoin. Or maybe if you would like to diversify, then you can divide it into two; while half of the dollars goes into one particular altcoin, the other half goes into another. Ethereum is already a good choice, and then another one that you have not mentioned is Cardano. Cardano has been one of the biggest trends of the year.

So, if you’re going to be investing in any coin at all, I believe it would be worth investing in one that is very trustworthy and you know that it’s going to be worth your investment on a long term. You shouldn’t just invest in any that’s coins you see, you have to be very selective , and make sure that you are going with the best.

Dewi Aries

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The last 20000 Doge, because other 20000 already invested to some altcoins, maybe i will hold it. Op not want to be in BTC i think use small percentage like 1000-2000 to trade into new coins which maybe OP can afford to lose because new altcoins, beside have high chance to pumped, but high chance too for the project to die in really short time.

Koro-Sensei

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Quote from: sinuari on November 15, 2021, 02:29:28 PM

Good afternoon,

I've been involved in Bitcoin for a few years, in 2014 while mining Bitcoin with ASIC I put for a while the graphs to mine Dogecoin, then as they worth hardly anything I forgot about them until a few days ago I got to thinking that maybe I had not changed them to Bitcoin (as I did with the rest of what I had mined).

The thing is that I started looking for the keys and I found 46,000 Dogecoins, I have changed 6000 to Shiba and I was thinking about changing another 20,000 to other Altcoins.

In principle it has occurred to me to put a part in Ether, another in Loopring and another in Solana and / or Cardano, also put a tiny part in DOGGGO in case the people who are following it make it go up to the moon.

Any opinion will be welcome.

I can also keep the Doges, I do not consider putting it in Bitcoin because I'm up to my eyebrows.

Thanks in advance for your wise advice.

Nice fortune you got there buddy. Well, I think it would be nice if you invest in P2E projects like Axies and similar projects like that as it could still boom in the incoming years to come. Another thing is DeFi projects. Provide liquidity and surely you will earn more with what you have right now.

Rufsilf

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20,000 Dogecoins is already a huge amount these days, and as of today it's approximately 8,384 USD. There's nothing wrong with your decisions, it's your coins and you have every right where you want to put it. And it's okay to put something in Dogecoin hoping it will achieve another ATH. As I see you handled it correctly especially putting some for ethereum and others for Shiba. And if I were you, I probably invest in BCH too.

But my question is, why didn't you put something in bitcoin?

DapanasFruit

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Life in cryptocurrency can really have some big surprises...and those are the anecdotes that we will never forget for the rest of our lives like finding out that you actually have some hidden gem somewhere. I love that you decided to convert the Dogecoin into many other coins which got some potential for big growth ahead. Right now, Dogecoin is having a hard time in pumping up and maybe because its time is not anymore today which is taken by Shiba Inu...but then again surprises can still happen with Dogecoin as long as people can still be listening to its godfather Elon Musk.

velive08

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Quote from: sinuari on November 15, 2021, 02:29:28 PM

Good afternoon,

I've been involved in Bitcoin for a few years, in 2014 while mining Bitcoin with ASIC I put for a while the graphs to mine Dogecoin, then as they worth hardly anything I forgot about them until a few days ago I got to thinking that maybe I had not changed them to Bitcoin (as I did with the rest of what I had mined).

The thing is that I started looking for the keys and I found 46,000 Dogecoins, I have changed 6000 to Shiba and I was thinking about changing another 20,000 to other Altcoins.

In principle it has occurred to me to put a part in Ether, another in Loopring and another in Solana and / or Cardano, also put a tiny part in DOGGGO in case the people who are following it make it go up to the moon.

Any opinion will be welcome.

I can also keep the Doges, I do not consider putting it in Bitcoin because I'm up to my eyebrows.

Thanks in advance for your wise advice.

20,000 doge coins when multiplied by the current price will certainly be very valuable. but you have to have the right decision with that much amount. if i have that much dogecoin then i will keep it till the end of this year. maybe at the end of the year the price of doge coin will rise again as before.

azhariejaya

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Suppose I have many dogecoin and current conditions where Elon's tweet greatly affects the price, and Elon is a doge lover. In that case, I will hold more than 50% of that doge, and sell the rest to buy another potential coin, maybe Cardano.

alisonwonder

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Quote from: sinuari on November 16, 2021, 04:01:59 AM

That is just the other good posibility, I think that Bitcoin is going to do betwen a 3-4X from now, if Doge make something similar this is not the best moment to sell it.

A possibility that is still not certain to happen so it still takes time to wait or monitor it properly,
so as long as the profit is there, then selling now is not a big mistake in my opinion.

sinuari

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Quote from: Mpamaegbu on November 16, 2021, 03:54:29 AM

OP, if I were you, I would just leave my Dogecoin where it is. I believe there's still more fight in Doge to zoom past it's ATH and record a fresh one. Remember that it did $0.73 as ATH in May this year. If it does that again (I know it will once alts season sets in), your 20k units should be worth over $14,000 when that happens. Please, don't just move your coins around for the sake of moving it in the name of chasing ROI. If you can't swap it for Bitcoin, I suggest you don't do it for any other alts.

That is just the other good posibility, I think that Bitcoin is going to do betwen a 3-4X from now, if Doge make something similar this is not the best moment to sell it.

Mpamaegbu

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OP, if I were you, I would just leave my Dogecoin where it is. I believe there's still more fight in Doge to zoom past it's ATH and record a fresh one. Remember that it did $0.73 as ATH in May this year. If it does that again (I know it will once alts season sets in), your 20k units should be worth over $14,000 when that happens. Please, don't just move your coins around for the sake of moving it in the name of chasing ROI. If you can't swap it for Bitcoin, I suggest you don't do it for any other alts.

sinuari

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To be cristal clear, for me Dogecoin and every other memes are crap, I'm not interested in having a significative amount.

I'm not thinking about converting it to Bitcoin because almost all I have is Bitcoin (around the value of my house at today prices).

I think that Bitcoin is going to be a very valuable asset, if I sell on this cycle is to buy even more before the next halving.

The idea is to find three to five assets that could have some potencial, not to be rich in six months (for this in Bitcoin we trust).

bitzizzix

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It's great and lucky that you have a large amount of Dogecoin, and if I were in your position I would convert it to bitcoin and some altcoins.
I will convert most of it into bitcoin which I think will always give good returns especially in the long term, and the rest I will use to convert it into some potentially profitable altcoins and still I will do my research and analysis first before committing.

Davian144

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Quote from: Orange89 on November 16, 2021, 03:07:58 AM

Due to its supply i am not interested in holding the DOGECOIN i will instantly sell it but Remember no doubt it had shown huge growth from where it's started due to the reason big influencer is promoting it on their social account

If influencers promote another coin on their social accounts, I'm sure the same can happen to that coin too, so what happened to Dogecoin can't be used as a basis or a very concrete reason to hold it for too long, nor can memecoin be other.

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