Bitcoin Forum

Hello,
If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap?
Any idea welcomed.

Thank you.

If you are still holding until now, It's much better to just hold since $DOGE is already done on correction period and might pump soon once Bitcoin rally again on new ATH. It's already late to cut-loss now since the dump period is over and you might ended up again on a coin that still on a dumping and left out by Dogecoin pump. This kind of meme coin has its own time of pump just like what happened to SHIB recently.

If it is a meme coin, why can't people just sell it and buy bitcoin until the next meme, this will really be a good idea so to enjoy the bitcoin ATH, I am not advising that though because we do not know what next will happen after bitcoin reach ATH, but if the price dump it can lead to altcoins price to also dump. What I noticed recently is that not only doge that did not pump, most other coins also did not, I was expecting ethereum to be at $4000 by now but nothing happened yet to make its price above $4000, but the dump can be real, this is a time we need to be more careful and be patient.

Better buy $MONI token as we will become no #1 NFT play2earn game instead of Dogecoin. It was just hyped because of elon musk

December is the month now for all those holder who hold a lot of alt from couple of months. Now its that btc hit its all time high 66300$ which is.a positive sign of bullrun so all those holder who keep patient and hold their assets now that's a time to take profit and get a reward of long hold. So my opinion is to sell and book profit because its a month of profit.

I think it's better to hold other coins besides Doge, it seems that Fomo Doge depends on Elon's tweets, not based on technological developments or the real use case and Fomo Elon Musk seems to have ended.

I like DOGE a lot, because I have been watching this coin and its development from the very first day of its creation. However, looking at the current capitalization and its adoption on the market, I believe that it is already heavily overpriced. Good luck to all those who believe in further price increases, but personally I think that Dogecoin is unlikely to reach the new ATH.

I think it depends on the money you use. If you don't really need the money, just leave it until the price goes up again. If you need money and you can analyze the market, switch to another coin whose movement can give you a profit.

all trading players certainly have expectations of the coin soaring. But don't be the main hope. in the coinmarketcap market there are many altcoins that have high potential as long as we want to correct ourselves. DOGE being a special coin right now could be the bull run season DOGE can reach a new ATH

If a person has ever done such a thing, then there are only two options he can exercise at this point, firstly sacrificing his capital by selling at the current price if he can't wait to wait for the next ATH on Dogecoin, and the second is to convert it into coins another who always has potential in the market, the point is to recover his lost capital from Dogecoin, here are two strategies that he can run with the options he likes.

I don't know exactly at what price you bought DOGE coin and what percentage of the money you used to buy DOGE. But if you look at the current DOGE price, it's better for you to hold it and buy again, so if later the DOGE price returns to the peak of the price you bought, you can sell it and still benefit from the 2nd purchase.
If you want to sell at a loss and shift your investment to another coin, better think again, lest you buy another coin without careful calculation, otherwise you will lose a second time.

if i were you use a larger time frame and see if it has a potential to surge more in the future, because its a big mistake to change other crypto without doing anything  and afterwards you see it pumping :D .. So make it sure first., however if it's negative then go ahead do you best to pick another crypto to obtain a good return in the future.. Just relax and be smart to prevent regrets aftee all. Lol

If there's not that much movement anymore and you've been imaking losses. It's better to accept the fact that you've lost to it and you have to cut your losses.

It's the only way for you to recover not unless dogecoin soars again.

But if I'm you, I'll sell it for another better crypto or maybe put that into a stable coin and wait until bitcoin drops a bit and buy.

Doge is always hyped by Elon Musk and there is no sign of whether this will happen again with the Doge coin, so I think it's more like swapping it for another coin with more potential to be profitable.

My advice is that you should look for other coins compared to Doge because I see some coins have increased when Bitcoin reaches ATH so this needs to be taken advantage of the opportunities that exist in the market, don't just wait for Doge because Doge pumps only occur annually so you will take longer waiting to go up.

Hello there,

It doesn't matter which crypto you buy. if you bought high and krypton is falling you will definitely wait. you need to buy new cryptos with your new capital and balance the situation. If you sell the crypto you lost, your loss grows like an avalanche.

if he believes that there will be pump in the future, if in case elon decides to hype it up again, then hold it and wait for that moment. because if the OP is saying he bought it at the highest price, which is about 73 cents, then he's losing a lot if he will sell it today. because more then likely, this will be mentioned again by elon in his tweets.
before he said, he's working with doge team, so you just hope there will be next round of hype here. but if you are losing patience, you can always convert it to top alts like btc. this is the dilemma of those who jumped on hypes. you can never be sure of the future of the coin. but the good thing with doge, is it will not disappear just like most pnd coins, because it is an old alt, it can just go back to its old price but it will not disappear from the market.

You shouldn't be expecting a huge amount of increase very often in projects like the ones don't have a tangible solution to a problem. Projects that are made just for fun aren't very likely to rise many times in the long run. Dogecoin is a meme coin and it is no different than the type I mentioned. It increased a lot thanks to Elon Musk in the end. If it weren't for his support, I wouldn't expect it to rise and cling to the current level for a long time. So I wouldn't keep big amount of Dogecoin. I would prefer promising projects instead.

It's better to wait for it until it will be going back again to the entry point. I should remind you that when you're selling your tokens at the bottom price and that means you have been deciding to lose your money. If you have not yet sold your tokens and then you're still having a chance to recover your money from the bottom. The scenario is when you're deciding to sell your doge to buy another token or coin at the peak price and then what will be happening when the price of your new token will also go down like doge coin? You must have learned how to enter into the right coin. Your explanation has been giving a clue if you can't even determine when the best time to enter the crypto. You must think again.
If you're taking the wrong decision and this will be giving a big impact on your portfolios as it will be decrease gradually

change to another altcoin it will give you profit but still on your personal analysis if you want another altcoin ,instead of having to wait when doge will pump again it put your in endless traffic jam ,and if you want doge again then buy it but at a better price below the price when you sold it

It will take him time until he manages to get that return from his entry point at the peak of Dogecoin. If he has bought at the top then the price is around $0.68 - $0.7 and that's a lot of deficit from the current price that we have. I don't think that Dogecoin will reach that high again although nothing is impossible in the market where we are right now because a lot of things can trigger it again including Elon's force to increase its price for his tweets but I'm not confident about it.

It depends on your personal preference, since you mentioned you bought it at highest price so you are going to lose value when you sell it for lower so you can keep HODL doge until you make profits. Or if you convinced that swapping to the other coins seems best then just go for bitcoin and avoid the hyped ones.

Well, if i was you, I probably would have sold it a long time ago, or are you one of those holding and hoping it gets to $1 usd? If you are, well then, I suggest you keep holding, just like a member already said here, it might pump again ones bitcoin and other major coins like Ethereum and binance coin stabilizes, maybe an altseason is coming which might push its prices a bit to the upper level, but as you know, crypto currencies are highly unpredictable, so, continue to hold at your own risk, final decision is up to you to make.

If you are self-sufficient in your personal life and if you have enough money to run your daily life, I will tell you to hold it until your target is met. And if you are a trader, you can sell it and trade with something else.  Because Doge can take some years to build a new ATH again. Which is a matter of a lot time

I also have the same thoughts as you, because I want to get profit from trading. it's just that I don't have a target at a certain price. the important thing is that I get a profit as a capital for the daily trading activities I do

For me, I find the second option better, if I buy any coin at a high price, I prefer to sell it at a low price and exchange it for another coin and sell and buy until I make up for the loss that I got because it may take a year or more for the coin to return to the purchase price and during this time Maybe I made up for a loss and got some extra profits.
Some people prefer to wait a year or two and do not think of selling the coin at a price lower than the purchase price. Of course, each person has a different thinking that suits his personality, and you have to make the decision that suits your personality.

this is your own decision.when you say when the highest price is what? $0.60+ ?   if you believe that one day there will be a new ATH for doge just hold . if you have minus 100-200% on coin doge. maybe I'll just be the holder. after all even though doge is a meme personally i think coin this coin still has the possibility to go up again. although this is likely only the hope of a desperate person.

Before Elon Musk made Fomo on Dogecoin in the past, who supported Dogecoin so that Dogecoin is still in the cryptocurrency which was later known by Elon Musk, because if Dogecoin could have died in the past, then I believe Elon Musk will not be able to recognize him at this time.

Your call because its your money to play on but considering that we are talking about swapping then of course it will vary or depend on the value of those coins plus consider out those fees
involved because you cant really just make out swaps without considering those factors because fees will really be that much of a problem if those trades turns out to happen.
But if you do saw that you could actually make out some advantage or profitable for you then go ahead because you wouldnt know unless you do try.

If I may suggest, you should set a certain target price which is also not too far from the price that has been achieved by a coin, because that is also a very good profit for you and it doesn't seem like a waste of time.

I think change will not going to work because if you change one time then this will going to be always changing mood and when you find difficulties in your share you will look to change. Hold might takes some time but one day you will happy then never. This day your life will be completely changed. So after buying any coin hold is your key to success.

If you bought on the level of 7$ I am really sorry about this, as it is a big loss. As for now, I think you had better sell them. I don't think that it will be a new big hype around meme coins like it was in spring, so I don't think that price will come back to 7$. What is more, Vitalik Buterin has cleaned his wallet from different meme (doggy) coins recently, so it is an additional pressure on their price.

I guess it also depends on the situation. And IMO, dogecoin will no longer make it reaching its new ATH because Elon is not tweeting it anymore so more likely, its price will definitely stay in low value. And before you see yourself losing that much, well its a good time to change it into another coin that has still good potentials to grow more. Do it when you see bitcoin price is dropping as its always expected that altcoins too will possibly be dumping too.

However, if you think dogecoin is still good for long term holding, its your choice, but i'm afraid it will be a long waiting game and yet, you still lose in the end.

I think to return funds stuck at a high price is to reduce the number of coins by half at the current price, and buy back if the price drops by half again. Add your funds to this coin, if you feel this coin is worth holding for a long time. Trade for other coins that you feel are experiencing very rapid increases and declines. I recommend trading on the PaxGold market.

depend on your capacity to keep or depend on your coins if that is worth a wait.

But since you are talking about Meme Coin? if you can keep this coin for another years? then of course it may but if i were you , best to exchange to other altcoins before the price dumps more that you cannot tolerate more.

Shitcoins only has few chances to increase and once this happen best to sell or wait for long years.

Of course, there's no Elon Musk that's going to pump dogecoin if in the past it has already been dead.

But because Elon likes to troll and play with the people and the market, he chose a crypto that's made of fun and meme and through his influence, he knows that he's someone else.

He pumped it.

This will not happen to any coin mate, because the long-term suspension is only suitable for coins that have a lot of interest and are always being hunted by big investors and usually are in good and good coins, because if the coins have potential just for pump and drain, I think it's only suitable for short term only.

Whenever I hear about Dogecoin, I immediately think of how it surprised people because of its price in the market. If someone buys Dogecoin at the highest price and is still holding it, then in my opinion there is no other choice but to change to another crypto or wait a long time to be able to surprise the market with the highest price again even though it will not necessarily happen again .

The strategy you offer also looks good, but by adding money to the coin again when the price drops, it means not saving the existing capital, but adding new capital to withdraw the capital that was originally used, so when it is done, when he will be profitable if the goal is only to maintain the reduction of capital only?

I guess it's you who have bought doge coin at the peak price and the price gets dumped so hard after that. Just hodl it. Elon was still working on the doge coin and this coin already revived again. There will be further developments happening with the doge coin. If i were you and i will be waiting for the doge coin to get another pump again. It has been a long time since the last bullish trend that happened with the doge coin. make money by changing your doge coin with another token were not easy and you may also face a bigger risk than holding your doge coin in your wallet. You must think again about that. You can consider doge coin as your long term investment and you can use small money to trade new tokens in the market. Making money from doing swap trade was not easy as well.
Think again. Doge coin may go up after you have sold your tokens.

it's better to sell it and try to take profit on another coin, right now the price of Doge has fallen so deep and there has never been a move back high like it used to be again I don't think Doge coin is good to hold for long.

Dogecoin is only a temporary toy and that's clear because the pump on Dogecoin only comes once and that's because there are a few reasons so that the price can increase, while the rest is only a decrease.

I accept that it is now intensely overrated. Best of luck to every one of the people who have faith in additional cost increments, yet by and by I feel that Dogecoin is probably not going to come to the new ATH. Assuming you need to sell at a misfortune and shift your speculation to another coin, better reconsider, in case you purchase one more coin without cautious estimation, any other way you will lose a subsequent time.

No sane investor or trader buy a coin, stock or commodity at ATH, they rather sell at ATH. Warren Buffett once said that it is wise for investors to be "fearful when others are greedy, and greedy when others are fearful."
Doge ATH is 0.70$, right now its around 0.2$ and trading at number 10 at CMC. IMO it still has the potential to go up, at least near to its ATH if not surpassing it. I suggest keep it and sell if you find price around 0.5$. There are bright chances of alt coins going up since BTC is over 60k.

It was best to find a way in which you can make money out of meme coins. Not know if Dogecoin will hot back for another hype after Elon Musk is done shilling it. We never have to expect that it makes a rally again, yeah, ATM Dogecoin getting back to its normal position like before and if you are buying this during the hypes, you can no longer make any returns from this even you will hold for many years unless if you got lucky if there is someone could influence and manipulate the price once again. But I'm worried there is none and you just lose.

Dogecoin would have it's days once more before the bull market season ends!  Buying the top in Cryptocurrency market may be unforgivable why,  in most of the times,  the altcoin bought may never rise to that top.  There are many examples of coin that pumped and never get back to it's ATH. Coin like eos,  Xrp,  nano were all pumped to $18, $3,and $25 respectively now,  you can see where there prices are!

Hey there, better sell right now and buy another coin since the prices are high enough to make a profit unless  you really have bought DOGE at ATH.

Respectable! There are situations on the crypto market, the price has jumped to the old ATH level then goes back to the original price, better to place a limit orders near the main target in order not to miss such opportunities, IMHO. Pumped coins are worth to invest if you know the real potential behind the pump and project.

Depending on the time span and the value of your portfolio, whether it is drastically reduced or only a few percent, you can still anticipate and do CL. because most of the traders already bought due to Fomo. Many phenomena occur with Dogecoin buyers. Until they didn't notice that it had a big risk with a huge loss as well.
If you really want to know the losses and manage them again, you already know the losses to be made.

if you buy Dogecoin at the highest price, the only option you have is just to hodl, there's no way out for you to change or to sell them at the lower price. why? because you will only lose your chance to gain any profits and you will just suffer a great loss from it.
just hodl and wait for your moment.

Try to remember before you start investing.. Why you invest on doge? I guess you have the reason why you put your money into Doge. If i'm being you i just keep hold that coin because in my opinion one day the price of doge will rise again maybe it can reach $1? Who knows?

I think most of those who hold DOGE have invested because of the hype caused by Elon Muska's tweets. I doubt most of them would know what difference is between DOGE and BTC apart from the name.
Answering your question, why DOGE will not reach $1 - It will not happen, because for DOGE to have a price of $1, its capitalization would have to be several times greater than Bitcoin, and this is not possible even in the next few years.

The price of $1 on Dogecoin is not an impossible problem, but you also have to have a good reason when you want to hold it, because Dogecoin is a good coin but in the category of meme coin that has a lot of supply so it has the potential for whales and big influencers to manipulated it and disposed of it very easily, so it would be very difficult for Dogecoin to achieve unless the whales also kept it for a long period of time.

Indeed, in terms of the large and loyal Doge community, it is possible to touch the price of $1. Also, as its multiplier upgrade means the Doge is easy to pump up by many factors.

As long as the OP is strong on Doge potential then it doesn't matter, it's just that the timing is hard to predict when the Doge will actually hit $1 or never will. Some time ago Elon Musk retweeted Doge, but the increase was not too significant. Unfortunately the tweet seems to have been deleted.

I assume you have a good number of DOGE as you get hyped by that time and you're still trap with a huge loss, for me the best solution on that is to keep on holding and wait for DOGE to create its new all time high because it can still happen, you just have to wait for it so you wont regret selling at a huge loss. DOGE is still the top meme token, so use this as your hope to see DOGE on top price again, bull market will make that happen.

It is wrong for a person to buy the currency at its highest level, but rather to buy on the dip, any currency, including the Dogecoin, rises according to the effects of the tweets of some influencers in the social media, so you have to follow these influencers in order to make a right decision when buying and selling, I see that you hold Dogecoin even You get the return on your investment and then sell it to buy another currency.

I still have faith on doge and i think you shouldn't sell your investment. Patience is the key remember that, theres no guarantee for you to get profit after cutloss. So, i personally recommend you to keep holding your DOGE.

If you're in profit already on Doge, I'd advice you to just book your profit and change to a better optional coin. However, you may still keep some but ensure you've taken off all your capital with at least little profit from it, so you don't curse yourself by the time it dumps again.

depending on their own, whether to sell or not. I think it's too risky to wait for the Doge to hit a new ATH. Sell and buy other coins like #Matic

I would say that getting out of doge at any price is a good choice.
There are other coins that you could make the loss back so there is really nothing wrong with that.
I personally wouldn't put any money into doge, I would stay away from it and have been staying away from it.

However, if you made a mistake back in the day and got in, there is no reason to keep it there, eventually it will go down more and more, and sure there will be some good times but that doesn't mean that it will stay like that forever. All in all I would get something more decent, get cake and stake it, get uni and stake it, get bitcoin if you want to but stay away from doge.

Dogecoin's hype was definitely over so we are seeing it already losing its value and is already in a low price. Those who have bought dogecoin when it was still very famous and its price was at its peak, holding it continuously today might only be a waste of time hoping that it could reach another ATH one of these days. Let's face reality that the time for dogecoin is already over, so its better to change it with another coin that has still a bright future ahead. There are a lot of choices to make since the market has both favored bitcoin and altcoins today. So choose what you think that has a great real use case so that its demand will continue to grow together with its value.

Well, those who buy at the peak are investors too although, they just overestimated the price too much that's why they were left out. It did happen on Bitcoin during the bull run in 2017, most people are doing FOMO, then there's a FUD about China banning Bitcoin and the market is slowly dropping then almost everyone else follow. Most of the people who can't take their money back sold it at a lower price due to too much stress they can't control their emotion/hodl their coins or they just really need the money.

Anyway, back to the topic, dogecoin is just a memecoin and a hype created by Elon Musk. People should not take it seriously like it's going to bring a lot of fortune in the future like people would really believe that. Besides, don't think crypto as a way to get-rich-quick because it's not how the market works. I think Elon is just laughing at you guys buying to his pumped memecoin.

Every year there is an year end sentiment with cryptocurrency network. This has made changes to the market as well as disappointments. Just two months left, and in between there is regular price fluctuation with dogecoin. Try to make some earning out of it. If there is a forward push with bitcoin by the year end there is more chances of price pumping with dogecoin. I'm not sure how perfect will be the growth of dogecoin following bitcoin.

Dogecoin is stated to be a meme coin, but in my view it could've gone vanished after pumps and dumps. This too has got some potential which is why dogecoin is standing on the top among the meme coins.

if I were you, then I would definitely sell it when the ATH price drops 30%. but now it's different you still hold even though the price has dropped too far from ATH, there is no reason to sell it especially now that bitcoin has got new ATH again at this time, so just keep what you have believed from the start.

someone buys dogecoin there must be a specific purpose. So, what is that purpose for?
I mentioned that for holding it might be held and don't sell. but if to get profit quickly I think choosing doge is not fast enough. and make the switch to another token with more potential

Honestly I stopped holding doge after profiting from it, maybe people like you will get a good lesson in this market when fomo.
In my opinion the chance for doge to surpass ATH is possible, but it would be better if you give up and do your research to a better coin in the market. I would like to recommend to you like BNB ETH DOT... are the leading platforms in this market.

If you bought DOGE when it was hit all time high than i don’t recommend to hold untill recover your lose Becuase it’s not guaranteed to pump in such price, Becuase you know it’s huge dropped at the moment. If you don’t want to wait for long term you can sell at least 50% also if you need money very urgently.

Yes, Dogecoin can surpass ATH, but we do not know when that will happen. I also sold all Doge in the last ATH and do not have many Doge right now, but if the price drops too deep, I think I will buy some amount and hold for a long time. Buying BNB or ETH could be good, but unfortunately, the price is already higher so perhaps, buying a low coin price will be good as we don't have to spend much money to buy it.

the possibility for Doge coin to return to its highest price is very small, at this time we can see even when the bull market comes there is no significant movement in the price of Doge coin. I think if you keep waiting for something that is very unlikely it would be better to sell it and go back to trading on another coin, I think it's better by all odds.

Sacrificing some of the money that has been spent on Dogecoin to recover capital with another coin is an excellent solution without having to wait too long, and it's a strategy often employed by those who value their time very much and who don't waste their time on meme coins.

If the month and end of this year, for those who want to buy please continue to hold. Price conditions will improve at the end of the year and the beginning of the year. Some coins have already finished making price corrections. My prediction is that going forward the price value is good because of the emergence of a good long-term new project with the Defi program.

It would be great if that could happen, and I just want to know what new projects will emerge in the long term using the Defi program?
so that I and others can be well prepared for this in the future.

I think it will be difficult for DOGE to recover like last april, especially since an important figure, Elon Musk, has confirmed not to invest in DOGE, maybe a cut loss is the more appropriate thing and switch to coins with high potential for profit, namely Shiba Inu or Cardano.

Dogecoin is a low-cost and high-risk investment with great potential, which cannot be found anywhere else today.
Elon Musk who calls himself the Dogefather should be proud, but for some holders who bought at the highest price, they are very disappointed with Elon musk.

The correct answer is to sell your dogecoin, there is only one coin in the entire market that should be held with conviction and that is bitcoin, all the other coins regardless of how solid they may seem will always be on the shadow of bitcoin and their movements are more extreme because of this, and as such if you bought dogecoin for a price that is too high then it is better to get off that trade and look for other coins in which you can recover the money you lost.

It is not recommended to hold meme coins for too long, we must remember that investing in meme coins is only for the short term. Because if
we hold Dogecoin in the long term the risk is very high, moreover Dogecoin does not have a real function. Even though Dogecoin made it to ATH
this year, it's not because Dogecoin is good, it's because Elon Musk helped promote Dogecoin. As you said only Bitcoin is worth holding in
the long term, because Bitcoin is indeed the best coin so far. So it's better if we still have Dogecoin sell it immediately, and try investing in other coins
that can provide profit to compensate for the losses we have experienced. Or we can also buy Bitcoin and leave it in the long term, later it will
automatically generate a large profit. Because the price of Bitcoin does tend to rise almost every year.

I think it is better to hold till the altcoin season or till the next pump. I predict Doge still has a chance to increase again. Now, people are focusing on SHIB because this meme token is increasing very crazy. People may move to Dogecoin again when SHIB begins the next correction. Just wait SHIB hype is over, people will move to Dogecoin that is basically a bit better than SHIB.

People who get aware and know the sentiment about meme coins will certainly don't think about holding. It makes no sense and instead of keeping them, it is better to sell them off while they still have a good price before dumps come and waste your efforts of holding.

For I was holding some altcoins (not meme coins), I'd even not hold them long coz I know how volatile we are. By taking such an opportunity to sell high and gain profit is was already a consolation price for you. Remember that not all coins are worthy and profitable and therefore, it was good to divert our investment if needed and if we are not gaining anymore.

If you have bought Dogecoin, try to hold on for a while, hopefully in the future the price of Dogecoin will go up again, and if there has not been an increase in price, try to exchange it for another altcoin.

If you have already made a profit on DOGE, it is better to fix the profit and rebalance towards more fundamental coins. Such as SOL, ETH, BTC.

You understand that nobody needs DOGE, only speculation.

DOGE coin in my opinion is already difficult to skyrocket again, currently SHIB is fantastic, when the top 20 coins are red but today's SHIB is up more than 20%, we must dare to take the right decision, if we keep waiting we will lose time and also lose money because the opportunity to move up from DOGE is very difficult.

holding or discarding it is not a mistake. the main thing is that you have to manage the doge well, if you hold you have to wait until the doge is in the ATH position. but if you sell, you have to be prepared to lose doge and manage to other assets so that your capital returns to that position.
so it's a choice

Doge already dumped from the ATH though still standing at 20 cents now this is  200% lower from the previous value.

also why not mention SHIBA INU ? this is also a climbing coin but of course like Dogecoin pumped by Elon Musk and team.

if He is willing for long term Holding then Yes he can Keep Binance, Ethreum , Bitcoin and Solana .

Did you lose your hope with Doge?, firstly ask yourself why you want into another coin. If you already lose your hope and don't trust your coin anymore so change your investment is the best option for you.

Right now, the competition between the two memes doge coin and shiba has also shown that dogecoin is really losing its appeal.
If I keep waiting for the old ATH I think it will be a more hopeless wait.
The crypto space is very real, just look at how doge coin has grown and attracted projects that compete with it and now it has received a worthy competitor, I think if OP still believes in the memes At this point, it makes sense to believe shiba over doge, but that's not really serious investment anyway.

CRYPTO IS BITCOIN :)

Dogecoin has been out of Elon's word now so meaning this will take another long time before having a possibilities of increasing like what did last few months ago, If I were you best to sell all the coins and convert to other altcoin that has potential of increasing sooner.
Pancake Swap is also good so if you are asking about swapping then consider that area also.
He will not ask this thread if he is not doubting Doge , meaning he is losing hope and asking for other opinion as he don't know what to do now.

Indeed, dogecoin price increased for the FOMO. And Elon's tweet was the main reason behind it. Dogecoin isn't moving forward with FOMO now. And dogecoin won't be able to overcome it's previous ATH soon. OP should have exchange or swap his dogecoin earlier. The swap should be done with proper analysis. However, doge has increased significantly in last 24 hours. It's a sign of recovery, but don't hesitate to swap your doge if it goes down again.

SELL , or CHANGE ..

Dogecoin is not going anywhere in the next couple of years so if you want your funds to increase then best to use in another coins at least this year and the next, and if you really trust dogecoin then invest again in the future.

doge season is over, so i think he is .

there is a question for the person who bought at the highest price.
1. the person intentionally buys at a high price and will hold or for collection.
2. the person is stuck on FUD
from these 2 points it can be concluded where the person will run.

if the person buys on purpose without thinking about the high price the person can hold on to the highest price.
whereas if the person is stuck in the FUD maybe they can replace it with another coin to get a faster profit.

Even if you do lost your trust on a particular coin then it doesnt mean that you would just simply skip out and find another one.Why? if you are on a situation where you do hold up because you are waiting for recovery then  you would really be having no choice but to wait up but if you do have
some other source of capital then you could do all things you do like as long you do have  the money but for those who do have just exact or ample
then switching to another coin wont really be simply as it seems.

Good idea. Doge hype seems already over, so there is no need to hold Dogecoin. You are right, if he wants to have crypto assets, he is better to buy top coins such as Bitcoin, Ethereum, Cardano, Solana, Ripple, Stellar, Tron, or etc.

There are still some people who want Doge, that's why Doge has volume on the market now. It means Doge still has some transactions, some people should still buy-sell Dogecoin. However, it is not as massive as before, most people think Doge isn't very profitable to trade/hold anymore. I also think the same, Doge hype is no longer good.

To hold for Dogecoin is not just you are wasting your time but your money as well. It rather has to divert it to another crypto than wait for long. A lot of coins have the potential, Dogecoin is just a meme coin, although it showcases a huge pump because of Elon Musk, I'm in doubt if that be going to happen again, that was really uncertain. So before it was totally has gone, it was a great move to sell it and invest in other coins. We should not hope that Elon Musk will get back and make some market hypes again, seems so hopelss.

Lets say that someone is you. Now what you will do depends on YOU. You bought when the price was high. You did that because you were expecting it to go even higher. So if you invested money that you could afford to lose, then keep holding till you have reached your profit goal. If you have invested money that you can't lose, then cut your losses short. Exit with whatever you have. You shouldn't have invested in the first place. And now if you can afford to lose, but you see that other coins might give you better opportunity, then swap your coins to those coins. You don't have to keep holding.

Dogecoin has been making a good price increase these days so you don't have to change or swap it into some other coins as there are chances that dogecoin will grow more knowing it has a good community from the start. But if you think that dogecoin  will suddenly dump once its hype will be over, because i think it will still be possible, then think twice. After all, you are responsible with your own investments so do what you think is right and will be better for you.

In the end, we ourselves have to decide whether to keep our Dogecoin or replace it with other coins. I am one of those people who suggested
selling Dogecoin immediately and replacing it with other coins. Since we all know that meme coins don't have a clear function, after all,
Dogecoin was originally created just for joke. So it is very risky if we hold Dogecoin for too long, there are many other coins that are better
and can provide large profits. Sometimes we have to dare to take action to make a cut-loss, in order to avoid a bigger loss. But the best thing
we have to do is do our own research and analysis, so that we are more confident in the decisions we will take.

Did you profit already or had losses for buying at peak price? If the latter is the case then for me I will hold for the meantime until I get back my initial capital. Then switch to other altcoins that has more potential and utility.

We know Doge is a meme coin and it experience to hype and reach ath because of Elon. Its a risky investment hence I wont hold longer unless im still at loss and need to get it back before exiting.

This must be answered first before we move to the next level in which exchanging the Doge for other altcoins, if he managed already to earn then it is reasonable to jump into another chances in different currencies .
But still Doge seats in highest form , from peanut now stating position at 20 cents and up , this makes the holders stays because of the Hope for another ATH sooner.

Why lose hope in Dogecoin? Isn't Dogecoin this week has increased by more than 25% for its price, so good hopes for Dogecoin will continue even though a long time is still needed to be patient with Dogecoin.

hodl 5-10 years profit return is 100% better sell it
before where your coins is gone like a another aLts  :)

a question that maybe there is a sense of hopelessness that can happen with coin doge !! Of course all have their own predictions and it is possible that what is predicted will make a correct analysis, but it can also be incorrect. so everything is based on decisions that have been carefully predicted.

but if you want to switch to another coin, of course it is an action that can be positive with what you will do. analyzing first before moving to another coin is certainly necessary, because we know that at the end of the year there will be an alt season. where there are a lot of altcoins that will increase by many times from now, so it's not a bad thing to move.

if we look at the movement of doge in 2021, we need appreciation because in May can make ATH $0.731578 , of course this is a very extraordinary increase. If we look in the mirror with the price when it just entered the stock market, it is clear that the increase is very significant. but it's a shame that coin doge is indeed very prone to dropping drastically, because of that many don't want to take too long to save it.

If you look at the developments this week, I have to admit that what you say is true, that there has been a considerable increase from Coin Doge. but overall when compared to their last ATH, coin doge actually experienced a fairly high decline of -59.4%.
Of course, this decrease is very far compared to other coins, such as the same coin as DOGE, namely SHIBA, only at -11.8%.

if there is an alt season at the end of this year, then to move coins for a while of course it is very wise to do because you want to get more surprises. if you only invest in doge, you can be sure that the value of the profits you will get will be smaller. so stay wise in taking action by analyzing it well first.

He invested when the price was at an all time high according to him and until and unless there is a major correction in the market there is no point in selling at a loss. If he invested a couple of hundred dollars then it is better for him to hold rather than to sell off right now. I am not having very high hope for its rally but then it is the cryptocurrency market and anything can happen.

That's too long but this is applicable to the best cryptos in the market including bitcoin and ethereum. I have the assurance with the top coins but if you're going to hold for the unknown cryptos in the market and you've just chosen them lately, you don't expect a lot from them for that long or you become lucky with them. It's hard to know since the market is very volatile and there are cryptocurrencies that we can't know what the future holds them.

But why keep holding the coin? You can do all of that while you sell your dogecoin and hold bitcoin instead, then when SHIB begins to go down as people lose the excitement they had over the coin and they begin to invest in dogecoin as you are predicting then you can do the same and still obtain most of the benefits of this upward movement of dogecoin without any of the risks, because in the case dogecoin drops and your prediction is wrong you are still holding bitcoin and you are protected from that crash.

What coin will you hold for a very long time like that? because bitcoin is enough during the halving period, it will reach renewable ATH.

obviously holding, is a pretty good thing but it's also worth looking at the coin and the timing it will do. obviously with a very long time like 5-10 years is a very ineffective thing to do. only once every 4 years (halving period) there will be a sharp increase and you can do that.

After selling it when you get the profit you want (not greedily) then you just have to wait for the correction to be ready to buy, immediately return to hold it for a period of 4 years again.

it seems for a time like 5-10 years you are clearly right, this is too long. we know that the nature of bitcoin is that when it has entered the halving period there will be a sharp increase (renewable ATH occurs) before finally there will be a correction again. but it will only happen once every 4 years not as long as stated.

the crypto market is clearly unpredictable and can always change quickly but the halving period is a certainty and always happens and the same has happened and bitcoin has experienced 2 halvings and last year the third halving.
so this year is an increase to achieve renewable ATH compared to past ATH.

Dogecoin will have one more chance before the bull market season ends! Buying the top in the Cryptocurrency market may be unforgivable. Why, most of the time, purchased altcoins may never rise to that peak. There have been many instances of coins being pumped and never returning to their ATH. Coins like EOS, XRP, NANO have all pumped up to $18, $3, and $25 respectively now, you can see where the price is!

If you already made a profit on DOGE I suggest you just order your profit and change it to a better optional coin. However, you may still keep some but make sure you've taken all your capital with at least a little profit from it, so you don't curse yourself the next time it gets dumped again.

If I were in your position right now, I would definitely sell it when the ATH price drops 30%. but now it's different you still hold on even though the price has dropped too far from ATH, there's no reason to sell it especially now that Bitcoin has got new ATH again at this time, so just keep what you have believed from the start.

If you already bought Dogecoin, i will advise to hold. It can go to 1$ in this bull run. Dogecoin is facing some hype problem abd people interest is little bit low at this stage. Once breakout come we can expect good rally lime Shiba.

You don't have to wait for the price to recover, or sell it by buying another coin. You can make short term trades. Even though the price is still low, you will get an increase in the number of coins with short-term trades. So when the price recovers, you will benefit from the number of coins you have.

you have to be prepared with the risk of having doge coins. i think nothing special with doge except hype from elon musk. if you are already stuck in high price i think its better to change to another coin and double the profit there than in doge coin

sorry but where can i check about dogecoin breaking 1$ ? i believe that bullrun had already passed multiple times but Doge did not even make it to 80 cents?

sorry but i don't think this is a good advice for a currency that we don't even see the usage in any aspect aside from being a pump and dump meme coin.

but practicality talking , best to convert the funds into Bitcoin instead of staying in shitcoin like Doge.

This is not realistic thing about Dogecoin because I have feeling this is not possible for him to touch this figure in near future even Elon Musk is giving some good shorts about this but still it is just a meme coin and have nothing use case even devs never done any development, but community is having use for fewer fees on few casinos or transfer of funds from one exchange to second nothing other specialty with this joke coin which give strong indicator for touching $1 in near future recently it is having some correction and again just can to on previous rate or some above if Elon going to tweet again or someone going to hype for his own sack.

Shiba is also having some better trading volume in recent time, but nothing use case is appearing for this also.

Maintaining is the best way because dogecoin is one of the memecoins that can grow to its value almost 1$ in the last month, and the current decline is only a moment so that it maintains that you do not experience losses, and I believe the dump period will soon end and all altcoins will increase again especially for now the value of bitcoin is still at a high value so it has a high possibility that altcoins will increase again, Then we need patience and do not panic easily because the current movement of altcoins is different from last year.

see monthly chart  ;D
https://i.ibb.co/fkSd8kL/Untitled.png

Who bought Doge coin at the highest price like 0.70$ he shouldn’t hold till now. Because  There is no guarantee that Dogecoin will ever go up to that price again. So at least Dogecoin should not be hold but other gold coins should be bought and held long time like MATIC, BNB, ADA The future of these tokens is great

If those who have been stuck on Dogecoin have changed their coins to Solana when the price of Solana was still $120, then now the capital recovery has returned to normal or as before, because Solana's price has reached $240 and is also almost close to $250, it's really extraordinary.

This is only personal opinion, but if me i will change to a new coin, or it is all depends on economic condition of the trader. Because if i still have spare money to trade, or maybe to regain my capital back and i still can hold my doge while doing it, then i will hold. If don't have other choices then i will sell, because waiting will only waste time and maybe chance to gain profit in other coins.

Holding an altcoin that is so volatile is never a good idea, dogecoin is the kind of coin in which not much happens for a long time and then skyrockets out of nowhere for no reason at all except hype, when you are dealing with such coin it is very difficult to hold it for the long term because their crashes follow the same pattern as well, and this means you could be left holding the coin for years while losing money when you could be holding some other coin giving you profits along the way.

Dogecoin is not an altcoin worth holding on to in the long term, because when Dogecoin pumped its price to ATH 6 months ago, it happened because
Elon Musk manipulated the price of Dogecoin, but now the price has fallen very deep. So it will take a very long time to expect the price of Dogecoin
to recover and return to the price of ATH again, we will only waste our time if holding Dogecoin. Meanwhile, if we choose altcoins with strong
fundamentals, such as ETH or BNB can be more effective in generating profits, because ETH and BNB do have real uses. So if the price falls will
recover faster, then there is no problem investing in the long term in coins with strong fundamentals. If now we still have Dogecoin, I prefer to replace
them with other coins, which have more potential. Instead of choosing to hold Dogecoin, which may take a few years to feel big profits again.

Because he was eaten by FOMO so he bought Doge at a high price and didn't know how to risk buying at a very high price while Doge couldn't go back to high prices unless Elon Musk acted again on his twitter tweet.
However, the decision is in his hands if he dares to change to another altcoin then he can possibly have a potential coin with trend-following increases and if he sticks with doge then it can last at a very long low price.
All decisions are in his hands.

I am not exhorting that however on the grounds that we don't have the foggiest idea what next will occur after bitcoin arrive at ATH, yet if the value dump it can prompt altcoins cost to likewise dump. Notwithstanding, taking a gander at the current capitalization and its reception available I accept that it is as of now intensely overrated.

It's the domino.

When bitcoin dumps, the alts do dump too.

And when you are in that situation, there's nothing else you have to do about it but to adapt, hold and buy if you can and you have the capacity in doing so.

I've never been wrong in holding but this is for the best coins in the market.

It's really risky to buy Doge in large quantities, that's the risk of playing Doge, oddly enough after you sell the price will definitely go up, so for now it's better to just wait because now Doge is entering a period of correction.

For a coin which already pumped and dumped, i think better to change to another coin because waiting for Dogecoin hype will need long time (but can be in short) i mean Dogecoin can be pumped again if get hyped again or maybe if pumped by whales. So for a coin which not developed much like Dogecoin, take profit in right time is important.

If we can avoid meme coins from the start, i think it will be better so we will not be in trouble holding it continuously but with no definite time to make profits. Maybe as long as there is hype that pumps them, it will be a good time to sell. Because once the hype will be over, i don't think we can see them rising again, not unless there are big whales who will make their prices pump again.

However, seeing the present price of dogecoin right now, its more on a correction so once the price pumps again, better sell it immediately or change them into some other coins that at least have real utility case so you will be at peace thinking that their value will keep on rising once there is still a good demand for that coins.

For example, after the coin you bought from a high price falls, if you panic and change too much, you will lose much more. If you trust the coin you invest in, it is better to HODL it. But if the coin you bought is completely low cap and meme coins, then try to quit as soon as possible because there is a chance to reset when it stops. By the way, Dogecoin is not a shit coin so you can hodl it, dogecoin is a great community coin.

To have faith in a coin, you must go for solid coins like top 20 in CMC. If you invest in shitcoins and they fell from there ATH then you have to other option left but to sell them at loss. Also buying price is very important, most of us buy when coins are at there ATH ( BTC right now) and thats the biggest mistake. Wait for the market to take correction and buy when prices are down.

hard to tell if when this coin will experience another good pump, the momentum shifted to Shiba
the scheme seems to be using the same pattern; we don't know if those who pumped these two coins
will continue to use these two assets or we will see another new one that will undergo with the same
concepts of meme project.

If you are willing to wait maybe yes it can be pump or again maybe another project will rise with
the same way with how both Doge and Shiba.

I will like to switch and search for another coin which have more potencial than Doge, becasue Doge coin is already too much pumped. I like to choose coin which have more than 10X potencial

In a case like yours I think it is necessary to do some analysis before making a decision,
it is not easy to analyze and we need to study it more deeply,
holding on is also not easy because it requires patience

I believe that Dogecoin has a very high community, but in my opinion it does not guarantee Dogecoin's growth will increase in the future, at this time DOGE has been pumped very high, I am not sure Doge will continue to grow and maintain its popularity, let alone Elon Musk as one of the  the person who made Dogecoin explode now seems to be leaving DOGE, better do a deep analysis if you want to keep this coin, I personally have traded DOGE for another meme coin, namely SHIB which has the potential to increase 10x-20x in the near future.