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Title: Doge coin Post by: nipunchathu123 on November 09, 2017, 11:35:42 AM What do you think about doge coins.Is it suitable for short term trading or long term trading?
Title: Re: Doge coin Post by: Chyton on November 09, 2017, 11:42:45 AM I do believe that Dogecoin is more suitable for short term trading, why? Because it has unlimited supply, which means people are going to dump more and more Dogecoins each day because they need it to pay their electricity fee for mining. While Dogecoin could fluctuate in weekly basis which could make short term trading profitable, it is unlikely that a long term trading on Dogecoin will be profitable.
Title: Re: Doge coin Post by: Cofee.BLUE on November 09, 2017, 12:06:20 PM Dogecoin is a fun, new and rapidly growing form of digital currency. This form of digital currency is called "cryptocurrency"; a type of digital currency. Cryptocurrency is completely anonymous, decentralized, and extremely secure.
Dogecoin is used with a wallet on your computer, your smartphone, or a website. You can use it to buy goods and services, or trade it for other currencies (both other cryptocurrencies or traditional currency like US dollars). |