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Topic: Will Dogecoin Be a Good Investment in 2020 - page 8. (Read 1401 times)

sr. member
Activity: 1526
Merit: 282
tBTC - https://dapp.tbtc.network/
December 18, 2019, 07:57:59 AM
#8

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.
You can not say this has no real value if people are using it daily to make microtransaction from one platform to another. That is right this coin was created as a meme, but because of its capability to make a microtransaction. This coin is no longer used to be a meme coin, it has value even though it is not that much. You can consider this coin as an investment tool, but only for short term. There are more coins out there that have more value because of their capability addressing our issues in real life.
sr. member
Activity: 1274
Merit: 267
December 18, 2019, 07:50:29 AM
#7
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?

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.
sr. member
Activity: 602
Merit: 253
December 18, 2019, 07:45:20 AM
#6
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.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
December 18, 2019, 07:28:23 AM
#5
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!
member
Activity: 116
Merit: 14
December 18, 2019, 07:24:16 AM
#4
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.
hero member
Activity: 1249
Merit: 506
December 18, 2019, 07:15:51 AM
#3
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.
legendary
Activity: 3010
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
December 18, 2019, 06:33:10 AM
#2
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.
jr. member
Activity: 289
Merit: 3
December 18, 2019, 06:20:22 AM
#1
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?
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