Will Dogecoin Be a Good Investment in 2020 - page 3.

wajik-tempe

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Dogecoin is a favourite coin for me, and in my view this coin is also a good investment in 2020, maybe there are still many coins on the market that are much better than Doge, but it wouldn't hurt if you made this coin as a portfolio investment. In terms of Dogecoin transactions are far more cost-effective and I'm sure Dogecoin's price could increase in the coming year.

Yeah dogecoins is more like a transaction coin or a tipping coin, it's hard for the price to increase except from a group whale pump. But i think dogecoin could die anytime because no company has backed up this coin and this coin rely on it's community.

eaLiTy

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Quote from: Shasha80 on December 21, 2019, 04:00:00 AM

Sorry I have to say that Dogecoin is not the right choice for investment, its price movements are very slow. And its development
from years to year almost nothing. We could say dogecoin is similar to stable coins, because the price is relatively stable.

When everyone wants a stable coin without a huge volatility you are seeing this as a negative aspect of the coin Cheesy

. The price movement might be really slow but if you are able to enter at a good price then you are going to make a huge amount of profit once there is a rally in the coin.

Quote from: Shasha80 on December 21, 2019, 04:00:00 AM

Dogecoin use by a lot people to move assets from one exchange to another, because the cost is cheap and the transaction is fast. From the
explanation i was clear that dogecoin is not good as an investment in 2020, even though the price will not rise too high. So it is better
choose other altcoins to invest in 2020.

You are showing the real uses of Dogecoin, it is true that the transaction is fast and cheap and now majority of the gambling sites accept doge and why do you think it will not grow and these are optimal conditions to get investment in the coin rather than the other dozens of coins who does not have any other use case rather than speculation Wink

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SlimShadyMmp

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You want to experiment holding crypto coins then doge is good for holding in wallet and seeing lots of it but truth is the coin is worthless then and now For the future it still remain same so if you are holding so much my advice is find a seller or just do giveaway save yourself some time mate

dunfida

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Quote from: Prateek_sharma on December 18, 2019, 05:20:22 AM

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?

Currently as of writing DOGE's price is $0.002037 -Going for 0.0224 price isnt really that far but asking if this would be worth for investment? Then its your choice.
We know on whats the total supply of this coin and for sure there were lots of hodlers of this so called meme coin.Its hard to tell if it can able to move that too fast
considering on lots of sell walls along the way.So i would simply skip this one into my selection.

imstillthebest

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Quote from: Lagoons on January 01, 2020, 01:57:58 PM

Doge coin is a meme type of coin with lots of recognition. It's eye grabbing in that sense. So for that reason alone it might be a good investment.

its recognize in a funny way and not in a serious way . means people dont invest on it the most , that is why i dont think doge is a good investment but its a good coin to have for paying , gambling or for collection .

Quote

But with like everything else, don't put more than 2% of your portfolio into it.

like everything else ? you mean all other coins including good coins like btc should only be 2 percent of investment ? or you mean to say everyone else said that dont invest more than 2 percent on doge ? 2 percent is small but that is good for a coin like doge but we should up our investment percent on other good coins .

Lagoons

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Doge coin is a meme type of coin with lots of recognition. It's eye grabbing in that sense. So for that reason alone it might be a good investment. But with like everything else, don't put more than 2% of your portfolio into it.

Golftech

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Quote from: imutlinda on January 01, 2020, 10:47:40 AM

doge has better potential for daily trading because the price movement is more profitable, but if long-term investment is likely to be less suitable because the unlimited amount of supply makes long-term investment less suitable. but if anyone believes in investing for the long term then that is the choice

Tough decision if you are not familiar with how things works inside the market, Doge being played by most holders are very prone to manipulations.
You need to make some good assessment, having stop and loss feature from your trading pairs can give you some good chance to take some benefits
since doge is moving both up and down from time to time. Timing and patience you need to practice this combination.

imutlinda

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doge has better potential for daily trading because the price movement is more profitable, but if long-term investment is likely to be less suitable because the unlimited amount of supply makes long-term investment less suitable. but if anyone believes in investing for the long term then that is the choice

VanDeinsberg12

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Quote from: Pelunize12 on January 01, 2020, 08:13:04 AM

Quote from: StephenieDuong on January 01, 2020, 07:55:33 AM

I dont think Dogecoin is worth to invest because its only a bump/dump coin. You should take a look at all time chart and see the price of Doge, its has big price change in small period of time. So how can it be a good coin to invest? I'm surely it with bump again and maybe make new ATH, but i'm surely more than 90% investors cannot sell with large profit or even they might lose.

yes I think so, Doge is a dump and pump coin which is not good for investment
But from the pattern, look like that doge can always repeat its history. so we should buy in the bottom (red rectangle) and never buying high
maybe, just from simple strategy like that, we can get good profit.

Doge is always repeating the old chart but with a new bottom floor. You can see there the bottom floor of bitcoin is always getting decrease anytime as the top floor of doge is also following this trend. I just bet for the long term chart and doge can worth even less than 20 satoshi.

That same pattern will always come for doge but no ETA for that caused by the pump can happen anytime even whenthe market was getting the bearish trend and doge can still get the pump at that moment.
that's the power of PnD coin.

arimamib

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Quote from: Hypnosis00 on January 01, 2020, 08:35:00 AM

Quote from: Pelunize12 on January 01, 2020, 08:13:04 AM

Quote from: StephenieDuong on January 01, 2020, 07:55:33 AM

I dont think Dogecoin is worth to invest because its only a bump/dump coin. You should take a look at all time chart and see the price of Doge, its has big price change in small period of time. So how can it be a good coin to invest? I'm surely it with bump again and maybe make new ATH, but i'm surely more than 90% investors cannot sell with large profit or even they might lose.

yes I think so, Doge is a dump and pump coin which is not good for investment
But from the pattern, look like that doge can always repeat its history. so we should buy in the bottom (red rectangle) and never buying high
maybe, just from simple strategy like that, we can get good profit.

This is a perfect game for the day trader but not for a long-term trader. The chart will simplify its volatility rate is strong, unlike with the other altcoins.
And if someone is planning to hold this for a long time, I could suggest not to buy Dogecoin cause you'll just wasting time. If you bought the price today will it probably the same year from now.

doge is more suitable for daily trading, and may also be suitable for medium-term investments but we do have to monitor prices because doge price movements are sometimes surprising. and low prices make it better for doge to be used for daily trading by looking for small profits

Hypnosis00

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Quote from: Pelunize12 on January 01, 2020, 08:13:04 AM

Quote from: StephenieDuong on January 01, 2020, 07:55:33 AM

I dont think Dogecoin is worth to invest because its only a bump/dump coin. You should take a look at all time chart and see the price of Doge, its has big price change in small period of time. So how can it be a good coin to invest? I'm surely it with bump again and maybe make new ATH, but i'm surely more than 90% investors cannot sell with large profit or even they might lose.

yes I think so, Doge is a dump and pump coin which is not good for investment
But from the pattern, look like that doge can always repeat its history. so we should buy in the bottom (red rectangle) and never buying high
maybe, just from simple strategy like that, we can get good profit.

This is a perfect game for the day trader but not for a long-term trader. The chart will simplify its volatility rate is strong, unlike with the other altcoins.
And if someone is planning to hold this for a long time, I could suggest not to buy Dogecoin cause you'll just wasting time. If you bought the price today will it probably the same year from now.

Pelunize12

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Quote from: StephenieDuong on January 01, 2020, 07:55:33 AM

I dont think Dogecoin is worth to invest because its only a bump/dump coin. You should take a look at all time chart and see the price of Doge, its has big price change in small period of time. So how can it be a good coin to invest? I'm surely it with bump again and maybe make new ATH, but i'm surely more than 90% investors cannot sell with large profit or even they might lose.

yes I think so, Doge is a dump and pump coin which is not good for investment
But from the pattern, look like that doge can always repeat its history. so we should buy in the bottom (red rectangle) and never buying high
maybe, just from simple strategy like that, we can get good profit.

StephenieDuong

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I dont think Dogecoin is worth to invest because its only a bump/dump coin. You should take a look at all time chart and see the price of Doge, its has big price change in small period of time. So how can it be a good coin to invest? I'm surely it with bump again and maybe make new ATH, but i'm surely more than 90% investors cannot sell with large profit or even they might lose.

Teraboy

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Quote from: TWW on December 25, 2019, 10:57:36 AM

Quote from: Teraboy on December 24, 2019, 11:52:40 PM

Quote from: sniveling on December 23, 2019, 02:11:58 PM

DOGE may not be a promising coin, but it can grow several times in a short time, so for earning, DOGE is a very good coin.

for PnD coin and that's possible for doge to do that but for long term? i may believe if doge will be dead in the future as people are not feeling confident with the inflation that always happening on dogecoin anytime.
Doge is not a very good coin and it's only a memecoin with cheap blockchain compared with another platform.
Just feel curious does someone have an update about dogethereum? where it goes?

it all can happen to all crypto. but doge is a bad asset for investment. especially with unlimited supplies that can throw doge prices at any time. I would never think doge for my investment assets. but for transactions from several exchanges, I think doge is still quite reliable.

Not only bad but really bad asset with the actual fact about the infinity supply and hyper inflation compared with another coin. for the transaction and it looks good consider about enough blocksize combined with cheap fees and that makes doge is scalable enough to create tx but the problem is when the price of doge is getting dumped and you will loss your money instantly and there is no a lot of liqudity in various exchange sites.

bitgov

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Quote from: TinaK on December 23, 2019, 02:23:43 PM

Dogecoin is one of the best altcoins nowadays, we are seeing many websites adopting this coin as one of their payment option or adding up their API at there.
Mostly on gambling sites are accepting doge to make the payment and roll their play.

To tell you the truth, I didn't notice that Dogecoin's interest in the gambling industry increased. Nevertheless, Dogecoin has shown us more than once that at the time of panic on the market it behaves the most stable of all top cryptocurrencies. I think that if someone wants to invest long-term and not be nervous by big price jumps, then Dogecoin is a good choice.

onyek16M

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Quote from: TWW on December 25, 2019, 10:57:36 AM

Quote from: Teraboy on December 24, 2019, 11:52:40 PM

Quote from: sniveling on December 23, 2019, 02:11:58 PM

DOGE may not be a promising coin, but it can grow several times in a short time, so for earning, DOGE is a very good coin.

for PnD coin and that's possible for doge to do that but for long term? i may believe if doge will be dead in the future as people are not feeling confident with the inflation that always happening on dogecoin anytime.
Doge is not a very good coin and it's only a memecoin with cheap blockchain compared with another platform.
Just feel curious does someone have an update about dogethereum? where it goes?

it all can happen to all crypto. but doge is a bad asset for investment. especially with unlimited supplies that can throw doge prices at any time. I would never think doge for my investment assets. but for transactions from several exchanges, I think doge is still quite reliable.

different with me, in my opinion doge is good for investment although the doge price very cheap but remember that is always use by people to transactions and untill now doge coins can survive untill now it show that dogecoins not bad coin . indeed doge difficult to take profit in short term because the price tend to stable but in long term very worth it.

TWW

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Quote from: Teraboy on December 24, 2019, 11:52:40 PM

Quote from: sniveling on December 23, 2019, 02:11:58 PM

DOGE may not be a promising coin, but it can grow several times in a short time, so for earning, DOGE is a very good coin.

for PnD coin and that's possible for doge to do that but for long term? i may believe if doge will be dead in the future as people are not feeling confident with the inflation that always happening on dogecoin anytime.
Doge is not a very good coin and it's only a memecoin with cheap blockchain compared with another platform.
Just feel curious does someone have an update about dogethereum? where it goes?

it all can happen to all crypto. but doge is a bad asset for investment. especially with unlimited supplies that can throw doge prices at any time. I would never think doge for my investment assets. but for transactions from several exchanges, I think doge is still quite reliable.

Teraboy

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Quote from: sniveling on December 23, 2019, 02:11:58 PM

DOGE may not be a promising coin, but it can grow several times in a short time, so for earning, DOGE is a very good coin.

for PnD coin and that's possible for doge to do that but for long term? i may believe if doge will be dead in the future as people are not feeling confident with the inflation that always happening on dogecoin anytime.
Doge is not a very good coin and it's only a memecoin with cheap blockchain compared with another platform.
Just feel curious does someone have an update about dogethereum? where it goes?

TinaK

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Dogecoin is one of the best altcoins nowadays, we are seeing many websites adopting this coin as one of their payment option or adding up their API at there.
Mostly on gambling sites are accepting doge to make the payment and roll their play.

sniveling

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DOGE may not be a promising coin, but it can grow several times in a short time, so for earning, DOGE is a very good coin.

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