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Topic: Will Dogecoin Be a Good Investment in 2020 - page 5. (Read 1504 times)

sr. member
Activity: 1344
Merit: 264
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December 20, 2019, 12:22:29 PM
#68
I think that DOGE in 2020 will be an excellent investment, although this project does not make much sense, but it can grow up very well.
I have not seen any development in the last 3 years. This is really just a normal project and doesn't mean much to us, I like this project because it has a very cheap withdrawal fee and doge meme. You should look at other great projects and invest in them instead of investing in Doge
hero member
Activity: 1414
Merit: 516
December 20, 2019, 12:16:18 PM
#67
It might be a good investment in 2020 but all depends what will happen with crypto, if more money will come on then yes we can have a good price for Dogecoin and get a good profit.
sr. member
Activity: 1056
Merit: 251
December 20, 2019, 12:10:08 PM
#66
I think that DOGE in 2020 will be an excellent investment, although this project does not make much sense, but it can grow up very well.
hero member
Activity: 1249
Merit: 506
December 20, 2019, 11:34:53 AM
#65
Doge may be a very good short term investment coin but it is not a coin to hold for long.
I have observed Doge for many years and have concluded that in a year of doge there will be 2 sharp price increases and if we can capture the time of doge price increase will surely make a big profit.

Your statement is confusing, Dogecoin is a mid or long term investment, it's not short. Dogecoin had a couple of sharp price increases in the past years, and to capture that moment you need to hold some amount of Dogecoins for some time.
I have some Dogecoins, I keep them for some time. I think one day we will be able to buy some things with those coins. Dogecoin is everywhere, it's accepted by some people and people like it. I believe Dogecoin has a future!
I am not a daily trader so investing in 2 ~ 3 months for me it is a short term investment.
I mean, if we hold a doge for a few years, it is almost unprofitable because the price of the doge is usually around 0.00000025 ~ 0.00000035 btc.
Of course doge is also my favorite coin, I have made quite a bit of profit from this coin.
The price of dogecoin is decreasing anytime as the total circulating supply is getting a lot of increase anytime. It's not a good decision to take dogecoin as a long term investment. I also use doge as a short term speculation coin and that must not be more than 3 months. Doge has infinity supply that is the worst thing that will make those hodlers of dogecoin will be a party that will lose their money.
Because the doge supply is infinite, I am sure its price will not be too high and we should not invest in the doge for more than 3 months.
Doge has had a long decline in price, I think in the next 3 months doge will have a new price increase. Perhaps this is a good time to collect doge and wait.
sr. member
Activity: 1112
Merit: 256
December 20, 2019, 09:52:38 AM
#64
To be honest, I did not see any potential of Dogecoin, probably I will invest but in the last option of my decision that something there's nothing to invest aside from Dogecoin. The reason is Dogecoin did not have a fixed supply because this coin keeps growing amount due to it can be mine. There are also miners keep mining and the supply will increase and of course, it has become lesser. Long term investment will probably have insurance but in my own opinion, it is 50/50 to gain profit.

Dogecoin's strength is in a fantastic community that has been supporting this project for many years. It is Dogecoin that has the largest number of faucets of all Altcoins. That is why most new cryptocurrency users meet with Dogoecoin as the first Altcoin. I think that it is the popularity and sympathy of the community that makes the price of Dogecoin one of the most stable on the entire cryptocurrency market. If someone is thinking about a stable investment, I think Dogecoin will be a very good choice.
legendary
Activity: 1652
Merit: 1088
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December 20, 2019, 08:10:17 AM
#63
[
The price of dogecoin is decreasing anytime as the total circulating supply is getting a lot of increase anytime. It's not a good decision to take dogecoin as a long term investment. I also use doge as a short term speculation coin and that must not be more than 3 months. Doge has infinity supply that is the worst thing that will make those hodlers of dogecoin will be a party that will lose their money.

The price of doge in dollar terms ranges from $0.002 to $0.0027.

Most of the supply has already mined, the additional coins mined increase supply by only a small percentage.

I'm noticing more adoption for doge. Kraken now lets you trade it against euros and dollars. Binance is listing it. It's one of the few alts apart from litecoin or ethereum that you can exchange directly for fiat across the world.
sr. member
Activity: 1162
Merit: 260
December 20, 2019, 02:55:17 AM
#62
Doge may be a very good short term investment coin but it is not a coin to hold for long.
I have observed Doge for many years and have concluded that in a year of doge there will be 2 sharp price increases and if we can capture the time of doge price increase will surely make a big profit.

Your statement is confusing, Dogecoin is a mid or long term investment, it's not short. Dogecoin had a couple of sharp price increases in the past years, and to capture that moment you need to hold some amount of Dogecoins for some time.
I have some Dogecoins, I keep them for some time. I think one day we will be able to buy some things with those coins. Dogecoin is everywhere, it's accepted by some people and people like it. I believe Dogecoin has a future!
I am not a daily trader so investing in 2 ~ 3 months for me it is a short term investment.
I mean, if we hold a doge for a few years, it is almost unprofitable because the price of the doge is usually around 0.00000025 ~ 0.00000035 btc.
Of course doge is also my favorite coin, I have made quite a bit of profit from this coin.
The price of dogecoin is decreasing anytime as the total circulating supply is getting a lot of increase anytime. It's not a good decision to take dogecoin as a long term investment. I also use doge as a short term speculation coin and that must not be more than 3 months. Doge has infinity supply that is the worst thing that will make those hodlers of dogecoin will be a party that will lose their money.
hero member
Activity: 2590
Merit: 644
December 19, 2019, 02:42:29 PM
#61
To be honest, I did not see any potential of Dogecoin, probably I will invest but in the last option of my decision that something there's nothing to invest aside from Dogecoin. The reason is Dogecoin did not have a fixed supply because this coin keeps growing amount due to it can be mine. There are also miners keep mining and the supply will increase and of course, it has become lesser. Long term investment will probably have insurance but in my own opinion, it is 50/50 to gain profit.
sr. member
Activity: 1020
Merit: 253
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December 19, 2019, 12:57:29 PM
#60
Although a lot of people think doge is a joke, for me doge is a pretty good coin.
I have made quite a large profit on doga in 2017 and 2018. However it is not a coin to hold in the long term, doge is an investment coin in the short term.
I think in 2020 doge will have one or two big price increases and the price of doge in 2020 could reach 50sts.
doge can indeed be profitable but it is not profitable enough to be used for long-term investment, the most important thing in investing we cannot continue to look for ever-increasing profits because we have to look for limits. and for the doge it can sometimes provide quite surprising benefits from price movements
hero member
Activity: 1249
Merit: 506
December 19, 2019, 12:04:21 PM
#59
Doge may be a very good short term investment coin but it is not a coin to hold for long.
I have observed Doge for many years and have concluded that in a year of doge there will be 2 sharp price increases and if we can capture the time of doge price increase will surely make a big profit.

Your statement is confusing, Dogecoin is a mid or long term investment, it's not short. Dogecoin had a couple of sharp price increases in the past years, and to capture that moment you need to hold some amount of Dogecoins for some time.
I have some Dogecoins, I keep them for some time. I think one day we will be able to buy some things with those coins. Dogecoin is everywhere, it's accepted by some people and people like it. I believe Dogecoin has a future!
I am not a daily trader so investing in 2 ~ 3 months for me it is a short term investment.
I mean, if we hold a doge for a few years, it is almost unprofitable because the price of the doge is usually around 0.00000025 ~ 0.00000035 btc.
Of course doge is also my favorite coin, I have made quite a bit of profit from this coin.
sr. member
Activity: 939
Merit: 256
December 19, 2019, 11:56:22 AM
#58
Although a lot of people think doge is a joke, for me doge is a pretty good coin.
I have made quite a large profit on doga in 2017 and 2018. However it is not a coin to hold in the long term, doge is an investment coin in the short term.
I think in 2020 doge will have one or two big price increases and the price of doge in 2020 could reach 50sts.
full member
Activity: 714
Merit: 104
December 19, 2019, 11:07:01 AM
#57
I think this is good to buy dogecoin. I agree if buy with huge omount of doge coin( buy more than 10k dogecoin). So, you will feel the difference price when the dogecoin price is move. Invest and hold 100 or 200 dogecoin is not enough.
yea, so many times i have seen those guys have been saying like you if doge is a good coin to buy. you guys never expect the future trend of doge coin. The dump will be coming very soon and people will leave this coin. 10k doge is nothing and it's only a few bucks lol
what you are saying totally non sense
The fact that today the market is in very poor condition and this trend has a very strong effect on all cryptocurrencies is visible to the naked eye and every coin today is in a very difficult period.  But I am sure that each cryptocurrency will have corresponding prospects due to its importance and features, including technical characteristics.  If we talk about Dougecoin and recall the history of the creation of this coin, then no one expected good prospects for DogeCoin until recently, but the reality was completely different.  Given all the points, DogeCoin in some cases even outperforms Bitcoin.  So I would not speak so categorically about the future of this coin.
hero member
Activity: 2184
Merit: 513
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December 19, 2019, 10:42:06 AM
#56
I think this is good to buy dogecoin. I agree if buy with huge omount of doge coin( buy more than 10k dogecoin). So, you will feel the difference price when the dogecoin price is move. Invest and hold 100 or 200 dogecoin is not enough.
yea, so many times i have seen those guys have been saying like you if doge is a good coin to buy. you guys never expect the future trend of doge coin. The dump will be coming very soon and people will leave this coin. 10k doge is nothing and it's only a few bucks lol
what you are saying totally non sense
MI6
hero member
Activity: 1260
Merit: 504
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December 19, 2019, 09:58:48 AM
#55
Dogecoin, a coin that usually i think people maybe can take 10% profit from it. Actually this is only speculation, but with the price right now like 30 satoshi, maybe if i bought dogecoin, i will sell it although it is reach 10% of profit. And then repeat it again. For me it already safe thing for me to do because actually for me hard to predict when dogecoin pumped or dumped.
hero member
Activity: 1132
Merit: 536
December 19, 2019, 09:20:34 AM
#54
it has been a joke and WILL remain the joke, but will help crypto words being spread. even my grandma had heard about dogecoin and the our beloved dog, but doesnt know anything about bitcoin
hero member
Activity: 1400
Merit: 505
December 19, 2019, 08:45:27 AM
#53
@iram3130
I can tell you that you can very well trust dogecoin than the rest of the alt coins in the market, you cannot expect the market to shoot up in the mid term but if you are willing to hold and the patience then you will end up profiting when the altcoin market rallies and surprisingly it is much better than some of the coins in the market.
sr. member
Activity: 938
Merit: 256
December 19, 2019, 08:10:19 AM
#52
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?

Doge is just like just a lucky roullete tokens for me because the price is unpredictable and the future of the coin is not really promising because this coin could be turn into zero anytime due to no company are taking care of this coin and this coin founded just from a meme and the community support it from buying. So i think this coin is just rely on the community.
sr. member
Activity: 1876
Merit: 261
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December 19, 2019, 08:01:59 AM
#51
why investing in the long run is not guaranteed just because a lot of altcoins come on the exchange, not necessarily new altcoins can beat the popularity of Dogecoin which already has many exchanges with high trading volume values, why should I worry about that I once held a Dogecoin and sold it when the price touched 100 satoshi, then at the end of 2019 is a price that is not expensive enough to buy, considering the previous time if the price increased to 200 satoshi it would clearly be profitable for me, hopefully 2020 will be the best year for dogecoin
legendary
Activity: 1512
Merit: 1010
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December 19, 2019, 06:55:29 AM
#50
I have never understood Doge so I have never invested in it. By looking at the charts, it looks like a mid or long term trading coin but the market is so fluctuating right now and because of that the alts are not in the season of trading.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
December 19, 2019, 04:15:36 AM
#49
Dogecoin has been there for a long time already and even it has been listed on Binance, it didn't rise even a bit (or yes but after listing, it went down also).

There are better altcoins to invest with and Dogecoin is the coin which I don't see to put my money for. I don't want to spit some altcoins here but there are better altcoins. Why not invest on it instead on this meme coin Cheesy.

I think the main reason of the downfall is due to the market condition and actually all of the coins/tokens even if it listed on big exchange are in dump but since it is still on the top and got a good volume then I think the potential still there.



This is just one of many well ranked assets you can have in your portfolio as a percentage of your entire cryptocurrency holdings but only buy when there's dips in the market and you are getting a good value purchase for assets such as these

I'm accumulating little by little to see if there's a break through in the market and hopefully in future we can earn some benefits upon buying some cheap doge's.
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