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Topic: Will Dogecoin Be a Good Investment in 2020 (Read 1482 times)

hero member
Activity: 1386
Merit: 731
Leading Crypto Sports Betting & Casino Platform
January 03, 2022, 10:07:36 AM
Doge coin is still good and promising because of the strong community, especially now that Tesla accepts Doge for car purchase transactions, and looking at future trends I'm optimistic that the price of Doge will soon reach $1.
$1 price of Dogecoin is a hidden dream and it will even be very difficult for Dogecoin to happen because of a lot of speculation that was born when the pump started to haunt Dogecoin at the beginning of last year, but still can't reach $1, this means that for such a price it still requires a lot of struggle hard by Dogecoin.
full member
Activity: 845
Merit: 100
Doge coin is still good and promising because of the strong community, especially now that Tesla accepts Doge for car purchase transactions, and looking at future trends I'm optimistic that the price of Doge will soon reach $1.
member
Activity: 252
Merit: 11
Dogecoin is likely to pick up, as people are realizing it’s worth and they are getting over it being a mere crypto joke. Further, The coin might touch the $0.02 mark, where the highest expected price is $0.0294 and the minimum expected price will be $0.0224.

https://coinpedia.org/information/dogecoin-price-analysis/

What's your dogecoin price prediction?

It's best to find a project that has a clear roadmap. Useful for the future of crypto. Dogecoin is not intended for long-term investments, if you have profited from this token, take your profit, and use it to buy tokens that have real projects.
sr. member
Activity: 1112
Merit: 256
February 17, 2021, 04:05:49 AM
There's a lot of noise around Elon and his Freewallet account. Who knows, what's going on exactly?

https://m.benzinga.com/article/19655241

I am not sure what Elon Musk wallet you are writing about, because it is clear to everyone that he bluntly criticized Freewallet:



Freewallet was also clearly judged by the community - here you can find a long list of scam accusations:

https://bitcointalk.org/index.php?action=trust;u=1177176

newbie
Activity: 35
Merit: 0
February 17, 2021, 03:46:23 AM
There's a lot of noise around Elon and his Freewallet account. Who knows, what's going on exactly?

https://m.benzinga.com/article/19655241
sr. member
Activity: 1112
Merit: 256
February 02, 2021, 01:46:34 AM
Doge is for pump and dump coin with no further development for several years from the project owners. I think it is not worth holding for long than to use it to increase BTC holding.

And I have the impression that at least 90% of cryptocurrencies, even if they were not created only for pump & dump, are still used for that. So I do not understand in what exactly DOGE is worse than others to pump & dump on it?
full member
Activity: 1316
Merit: 104
CitizenFinance.io
Doge is for pump and dump coin with no further development for several years from the project owners. I think it is not worth holding for long than to use it to increase BTC holding.
sr. member
Activity: 1554
Merit: 260
Dogecoin had several sharp cost increments in the previous years, and to catch that second you need to hold some measure of Dogecoins for quite a while. Limitlessness supply and that makes the cost of doge will be unloaded to the base cost. I don't have the foggiest idea what was the motivation behind why a few people are as yet accepting the fate of doge.

Apparently, the main motivation behind this pump & dump was just that WallStreetBets could just do it. And it is also possible that they tested their capabilities in the cryptocurrency market before creating another pump & dump. I'm sure they'll organize more.
sr. member
Activity: 952
Merit: 308
Dogecoin had several sharp cost increments in the previous years, and to catch that second you need to hold some measure of Dogecoins for quite a while. Limitlessness supply and that makes the cost of doge will be unloaded to the base cost. I don't have the foggiest idea what was the motivation behind why a few people are as yet accepting the fate of doge.
full member
Activity: 776
Merit: 101
PredX - AI-Powered Prediction Market
In the fact, in recent years the DOGE coin has not grown at all, this coin is like trash thrown away by the community, but I don't understand why Doge has jumped so high, so many people argue about the increase in this coin, I don't dare to assume about DOGE coin you should be careful if you want to invest in this altcoin, because the price is so mysterious.
full member
Activity: 680
Merit: 103
Many could not expect such a leap. This is really very strange and amazing. I think the rise was driven by Reddit users buying stocks in the stock markets. It seems to me that everything that is happening now is done artificially, which means not for long. Many people write that the exchanges have closed the Doge withdrawal.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
Doge isn't growing good over the years. All of the sudden, it has reached big. This is truly a big growth for all the dogecoin hodlers. It is one among the largest network to stay strong for years. People who invested during the year 2020 will be now enjoying the profit in large. With cryptocurrency profiting is assured when invested over trusted assets on the top order. Maybe there'll be small delay, we need the patience until then. What dogecoin has provided is the true example for the same.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
I said it before and say it again, as much as you want to hate this coin but you cannot deny the lasting power of a community that actually still cares, still mines, still trades, still hodls.

How many altprojects spend millions to achieve half of what Dogecoin can with a loyal community? Awesome to see and good for crypto overall:)
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Look at Dogecoin at this time, the price is very unreasonable, I was surprised to see the current market even though in the past the price was very cheap

It looks like the prediction that has been made before is coming true right now.
The price of doge coin has surpassed 7 cents on some exchange sites and the daily trade volume is going even higher than before. I have sold all of my doge recently and I will not expect this one to surpass 10 cents.
Doge is a very crazy coin right now. Unlimited supply but it has very huge demand.
sr. member
Activity: 1554
Merit: 260
True, it is all caused by the situation on Wall Street. I mean the Reddit group WallStreetBets and their action to raise the GameStop price. Today one of the members of this group posted a Tweet:
"Has Doge ever been to a dollar?"
https://twitter.com/WSBChairman/status/1354658870560481285
What started this pump.
However, in my opinion, there is a high risk that this is a misunderstanding and nothing else will happen and the price will drop quickly to its previous level.

I didn't see the tweet earlier and only got aware of the situation after the pump was long gone. Felt it was too late to get in. Don't want to be a victim of "buy high, sell low". Well, I'm not surprised this is happening with Doge as it's one pf the cryptos that is easily pumped by just a single tweet. Happened with Musk and now with WSB.

I don't know if the price would retrace soon. I would like to place a short on it.

Edit: Elon Musk just tweeted about $DOGE https://twitter.com/elonmusk/status/1354924057825837060

In a situation where such a pump happens because of one tweet, I am reminded of the pump & dump activity performed by John McAfee. It's possible that WSB and Musk will pump up the DOGE price even more, but investing now in it is like betting black / red on roulette. For me risk of flash crash is to high right now.
jr. member
Activity: 36
Merit: 1
Look at Dogecoin at this time, the price is very unreasonable, I was surprised to see the current market even though in the past the price was very cheap
sr. member
Activity: 1666
Merit: 268
My trust in Dogecoin paid off, because today Dogecoin made it to the new ATH. I, who bought Doge at the price of $ 0.003, felt a huge profit
with the current increase of Doge which is already at the price of $ 0.026. It's not wrong for me to make Dogecoin a long-term investment,
I really believe Dogecoin in the next 5 years can reach a price of $ 1. After I take profit today, I will wait for Dogecoin to correct to buy Dogecoin
again.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
True, it is all caused by the situation on Wall Street. I mean the Reddit group WallStreetBets and their action to raise the GameStop price. Today one of the members of this group posted a Tweet:
"Has Doge ever been to a dollar?"
https://twitter.com/WSBChairman/status/1354658870560481285
What started this pump.
However, in my opinion, there is a high risk that this is a misunderstanding and nothing else will happen and the price will drop quickly to its previous level.

I didn't see the tweet earlier and only got aware of the situation after the pump was long gone. Felt it was too late to get in. Don't want to be a victim of "buy high, sell low". Well, I'm not surprised this is happening with Doge as it's one pf the cryptos that is easily pumped by just a single tweet. Happened with Musk and now with WSB.

I don't know if the price would retrace soon. I would like to place a short on it.

Edit: Elon Musk just tweeted about $DOGE https://twitter.com/elonmusk/status/1354924057825837060
sr. member
Activity: 1554
Merit: 260
True, it is all caused by the situation on Wall Street. I mean the Reddit group WallStreetBets and their action to raise the GameStop price. Today one of the members of this group posted a Tweet:
"Has Doge ever been to a dollar?"
https://twitter.com/WSBChairman/status/1354658870560481285
What started this pump.
However, in my opinion, there is a high risk that this is a misunderstanding and nothing else will happen and the price will drop quickly to its previous level.
Possibility about this someone trying to dump big stock and then suddenly we are going to watch big decline in this situation care is better because if someone can handle then surely he invest but never cross your own lines which hurt you badly and after side effects give you big shock.

Someone who invests in high risk market should deal with such situations, and certainly should know that they can happen.
In this case, however, the situation may be a misunderstanding, as there is no indication that the WallStreetBets group will support Dogecoin. I am afraid that when this Tweet will be verified and it turns out to be accidental, the DOGE price will fall down and many people will lose a lot of money.
full member
Activity: 896
Merit: 236
True, it is all caused by the situation on Wall Street. I mean the Reddit group WallStreetBets and their action to raise the GameStop price. Today one of the members of this group posted a Tweet:
"Has Doge ever been to a dollar?"
https://twitter.com/WSBChairman/status/1354658870560481285
What started this pump.
However, in my opinion, there is a high risk that this is a misunderstanding and nothing else will happen and the price will drop quickly to its previous level.
Possibility about this someone trying to dump big stock and then suddenly we are going to watch big decline in this situation care is better because if someone can handle then surely he invest but never cross your own lines which hurt you badly and after side effects give you big shock.
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