Topic: Will Dogecoin Be a Good Investment in 2020 - page 7. (Read 1423 times)
I think dogecoin is not the right coin for investment, there are many altcoins that can be used as mid or long-term investments. I usually use dogecoin only for goods purchase transactions because of the low fees and fast deliver
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.
If your entry point in the coin is good then you might end up in a profit, the problem with the coins with unlimited circulation is that you cannot expect a huge growth in their price but if you are able to enter during the bear market then you will earn a huge profit than the rest of the other coins in the market when the alt coin rally begins and i am sure everyone in the market made their profits with doge and it is not a joke coin even thought it started out as a joke as the use case and the transaction charges are really low and majority of the gambling site are accepting doge coin. 
I doubt it will be a good investment in 2020. Oh wait. i don't even know for sure which one of altcoins will be a good investment for the coming year due to the current market condition. I hate to say this but I believe it's pretty hard for doge to reach another good price. If it's for a short term, well you could still see the profit if you bought them and the price increase even for a few satoshis. Since it's very cheap and you know that meme coin thing. I might be wrong though.
Doge investment for 6 years is arguably very good, because if you look at the DOGE performance chart you will conclude that, every year the increase in the DOGE-BTC pair always experiences a high increase if it reaches support, but for this year DOGE has gone up in the month August, and in my opinion the increase will occur in 2020 dogecoin gets worse when they are abandoned by their founder and now it becomes open even a while ago I read an information saying that bitfinex removes doge coins from its exchange list.
I do not believe about it Dogecoin is now increasingly loved by its fans especially in gambling games mostly using Dogecoin.
Dogecoin will become an eternal coin that is loved by fans so that whatever happens Dogecoin will continue to exist, there are also problems with Bitfinex about getting Dogecoin out of the market, there may be some problems so that it is removed.
The founder will continue to exist if this coin continues to grow.
Dogecoin has the opportunity for the future let alone to invest I think Dogecoin will be pumped in a large once a year and it will definitely happen again, therefore I always hold Dogecoin in 1 year especially now that the price is low at $0.002 surely this increase will trigger with the price of bitcoin which has been widely predicted.
Dogecoin is an investment of all time.
It's been shown before that after bitcoin made the rally most of those alts who are working behind also experienced a good lift from the market. If you have good amount of money that you can use for your investment doge is for long / medium or short trades your target profits will be the determiningDogecoin is an investment of all time.
factors for your decision, it's all about your own assessment.
I like doge coin because of the dog meme and also the low transaction fee, but I don't think doge coin is good investment in 2020. There are still many coins in the market that good investment than doge.
Many resists on doge coin although it was a coin actually made for fun, the CEO even did not expect it to be huge by this far. But you are right, competitors have arrived so I think dogecoin will just be a normal coin to upcoming year. But as for the chart based assumption, with the continous decline in the past couple of months I think there will be a pump on dogecoin. Use dogecoin? Yes. Hold dogcoin? No. 
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?
can be good and not good.https://coinpedia.org/information/dogecoin-price-analysis/
What's your dogecoin price prediction?
Good side, because the price is cheap and suitable to be purchased on a large scale, even if the dogecoin has increased in price by just 1 satoshi we already get a lot of profit.
Not good because, there are still many other coin options besides dogecoin, dogecoin arises because come from memes and dogecoin supply are always increasing. there is no guarantee it will also be according to our estimates price. it's better to choose another coin but if you want to keep choosing dogecoin as an investment in 2020, no problem, thats your choice.
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?
https://coinpedia.org/information/dogecoin-price-analysis/
What's your dogecoin price prediction?
Well, doge was invented for meme, not for serious purpose. Unlike other coins, it is maybe the only coin with no greedy ambition and that's how people love DOGE. But, I think no one should consider this coin as a serious investment cause it has no real value.
I like doge coin because of the dog meme and also the low transaction fee, but I don't think doge coin is good investment in 2020. There are still many coins in the market that good investment than doge.
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?
can be good and not good.https://coinpedia.org/information/dogecoin-price-analysis/
What's your dogecoin price prediction?
Good side, because the price is cheap and suitable to be purchased on a large scale, even if the dogecoin has increased in price by just 1 satoshi we already get a lot of profit.
Not good because, there are still many other coin options besides dogecoin, dogecoin arises because come from memes and dogecoin supply are always increasing. there is no guarantee it will also be according to our estimates price. it's better to choose another coin but if you want to keep choosing dogecoin as an investment in 2020, no problem, thats your choice.
Choosing dogecoin is not good investment for 2020 (in my view).better to choose BNB or LTC for 2020. If you don’t want to invest in bnb or ltc,then btc will be best investment.you should make your own research before investment.
doge has given several surprises this year. the movements of the doge can never be predicted because most appear more stable and move slightly up and down. but for next year if the bitcoin market is being improved I think dogecoin may also experience an increase.
For me personally, Dogecoin is a source of quick income, as the daily price can fluctuate very much, but I have never considered this coin for investment.
Dogecoin is one of the least volatile cryptocurrency which makes it not suitable for short term investment as the value may not increase substantially within a short period. I personally don't find dogecoin a good source of investment, I'll prefer to invest in Bitcoin or a more popular altcoin like litecoin or ethereum than in dogecoin.
Dogecoin has the opportunity for the future let alone to invest I think Dogecoin will be pumped in a large once a year and it will definitely happen again, therefore I always hold Dogecoin in 1 year especially now that the price is low at $0.002 surely this increase will trigger with the price of bitcoin which has been widely predicted.
Dogecoin is an investment of all time.
Dogecoin is an investment of all time.
More coins come to the market due to the infinity supply and that makes the price of doge will be dumped to the bottom price. I don't even know what was the reason why some people are still believing the future of doge. not so many people are wanna buying the infinite supply of dogecoin that will always come to the market.
it's not a good investment but just become another short term speculation place for the traders. I could not agree if people call that as investment these days it has not utility usage.
I call that as a speculation coin and that name looks good in my opinion.
There are many different ideas about the doge on the market, while someone thinks it is shitcoin, some think it might be useful. Although it was created as a jokecoin and had an unlimited supply, it provides constant profit to the miners and the transactions are low paid and fast. It is listed in the top 50 on the market and has a good volume. I do not think it is as weak as you think.it's not a good investment but just become another short term speculation place for the traders. I could not agree if people call that as investment these days it has not utility usage.
I call that as a speculation coin and that name looks good in my opinion.
But I cannot give an idea about the future of doge, while I am uninformed about the future of bitcoin.
my prediction, doge still has a chance to rise again next year, with prices now touching $ 0.02, most likely in the next year the doge can go up to $ 0.05.
What is the fundamental value of Dogecoin. To me is just that old meme coin who had much more attention that it deserved and still gets it because it was one of the first cryptocurrencies in the markets. What does it have better than Bitcoin? No smart contracts, no sidechains, no roadmap as far as I know. In my opinion there are much better altcoins you can choose from in the market which actually have teams actively working on their development.
As bitcoin halving is in 2020. Rather I would prefer to hold my BTC than alts. Because I don't have any faith in altcoins.
exactly what I am thinking. I do not see any reason to buy altcoin because in just six months away bitcoin will be halved. why would we buy altcoin when the market is very bearish on it?
Doge is altcoin which in my opinion is a potentially profitable investment in investing without a time limit and just waiting for the right price to resell it because the decline in doge is very vulnerable.
but that doesn't mean you have to have a doge completely, because there are still lots of altcoins that are more profitable in the medium term among the top 10 altcoins.
but that doesn't mean you have to have a doge completely, because there are still lots of altcoins that are more profitable in the medium term among the top 10 altcoins.
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