Bitcoin Forum

So DOGE just pump by 40%. Do you guys think it could still go up if I buy more now?

There's probably no particular reason as there's no active development for it

Besides that lots of alts are up significantly today including Dash, Monero, NEO and BitShares

Doge able survive until now so doge is strong altcoin but their total supply make dogecoin difficult to get uptrend ( small chance )
So I think it's not worth to keep invest on doge but for long term transaction, it's OK !

I don't know who's keeping Doge alive, but it is a miracle that it hasn't dumped to 1 sat over the continuous news that there is no development or future for it.

What are you still doing with Doge? You mean you don't have better coins or tokens to deal with. Doge is an amazing dump, don't buy or you will regret. I used it as an escape route in many exchanges.

If you want to buy doge just for a short term trade, do not make a long term investments with doge
because too risky

Doge has been idle for many months now and it's history shows us that after a long period of such idleness it increases more and more.
Although if we see it according to the history I won't recommend you to invest more in it if you have already bought some coins.
Since BTC's price is keeping on increasing day by day it is still risky as it can bleed the alts including Doge with it.
Not being greedy is an important rule in crypto. Just hold on to your coins how much ever you have bought and wait for the right moment to sell it.

If you are wanna wasting all of your money and you could buy doge after this shit coin get a lot of the pump just in a day. But all if the risks will become your responsibility. There is another main thing if you are seeing some people are dumping their dogecoin just in second and you will get trap at very high price. Not sure if you are wanna still buying the shitcoin like doge.

By now doge could have been doing well compared to were we have been.  Doge is one of the oldest coin that is very promising just that the developers just abandon it at the face when that was needed.  I was impressed hearing that dego make 40% gain and I hope it sustain this momentum as this coin can compete with those big coin with good technology like ethereum and litecoin.

No, not gonna fall for the cheap ole pump and dump scheme.. Not even a fan of it so not gonna touch such joke coin

DOGE pump comes from market speculation, this coin is dead so you better be careful when trading this.

Stricter Stop Loss is a must if you still want to trade.

doge is old coin with less development inside,,
so this coin become a pump and dump coin now, so becareful if you want to trade this doge

Why do you want to buy Dogecoin? Does not the price of Dogecoin change much? And if it increases though, the price will not be much different. If you think you can invest and get a lot of profit from Dogecoin, you will not get it. But if you think you just want to use Dogecoin for a transaction, then you're fine. You will not get a lot of fees from Dogecoin unlike Bitcoin. But you also can not profit or loss from Dogecoin if you use it as a tool for transaction only. You'd better use another Altcoin to buy. Ethereum and Litecoin are as good as you say. Or you just buy Bitcoin and wait for a while and you'll get a lot of profit. But you have to wait for several years if you want to profit a lot.

Although the community often pumps this coin but there is no progress for Dogecoin
So do not buy it because buying dead coin already pumped 40% is not a wise choice.
 

Haven't the devs basically abandoned it? It's a dead coin so no

I don't know devs are leaving it or not but they're still valuable in the market. Check coinmarketcap.com

Nope, it's NOT a good idea. Not because of the pump but because DOGE is simple MEME coin without real life usage and without future.

When you are buying coins for investment, you should ask yourself: Do you I a single big service to use it? Or does a big service plan to adopt it?

The community, that is what! And most of you people strangely do not understand the power of a community, and keep overlooking the fact that coins like Doge have one, while all those ICO projects only have shills and bounty hunters. You keep seeing the continuous news that there is no development or future but that is your problem for not seeing what the community itself does.

No need to knock a coin without basis, friend. Doge never asked for people's money or promised to do things, yet it has done more for crypto than SO many alts.

I don't think so to buy this coin at this time. Price is too high.
In a few days, we will see real prices. It will going to dip :)

Can't believe DOGE is still alive. I used to think it was a prank coin especially with that abnoxious picture of a dog posted everywhere.
Anyway, i'd doubt the pump will last. There are so many other coins out there that have better technology and fundamentals.

Trading doge is dangerous because this coin has no more future development

Expect serious dump if people start to cash out

Wait for a little dump/dip before you start preparing your bag. It's likely that price will go below 20 sats per DOGE for some time and people will start panic dumping. This is the perfect entry point for doge in my opinion. If it doesn't fall to 20 sats or less before end of the month, start buying because that would mean that a pretty big pump is coming up and somebody has been accumulating quietly.

Take a look at doge charts. You can pretty much predict that a big pump is coming soon.

Thats good because I have a lot of dogecoin in my wallet. I will wait the price to increase more before I sell it and I think after I sell my doge this is the last That I hold doge. But it's your choice if you want to buy more doge, or you can sell it or you hold it.  If you think the price is good you may now sell to make profit. But it's better if you hold to make more profit.

Fill your bag of DOGE after the pump. If you look at the graphics, there is always a big pump of DOGE. So it is better to be prepared. And DOGE is a very stable coin. It doesn't move a lot when BTC grows up. DOGE value grows up too as 1 satochi gets more value.

I can't really justify why Doge is up. Generally the coin is a joke, and it's not me who is saying that but the creators of the coin itself. They were former IBM employees and said they created the coin out of fun and just cause it was amusing. It was so successful because it was created when not that many coins were around, but it represents something very important, and that is that crypto's can still be used for fun and for purposes that are not that serious. Personally I don't see how it can evolve because there no major updates coming from developers and everyone who is still holding some DOGE does so because it brings nostalgia and it was part of the entire cryptosystem some time ago, I'd sell if I were you.

People are also thinking that doge is just a joke coin so i think that it will not have a good future. People are already selling their DOGEcoins because the price was increased.

I also sold mine so i got a little bit profit but its not worth it.

Based on my experience regarding coins who has a significant price increase without any development/news related to it, the answer is "no". It is very risky to buy Doge right now at this price range as you could be buying the top of it. This maybe an outcome of some whales playing with this coin so my advice is just sit back and wait for it to consolidate in a much lower price. Once it consolidates, that is a great time to buy in. Don't do any drastic decisions and plan your moves ahead. Always have an exit plan before starting a trade with it.  ;)

I think the Coin is now a joke, look at Decred and litecoin they both left Dogecoin behind interms of development, maybe in future when a new development team come up with real plan on how to make the coin go mainstream but for now, not a good buy