Bitcoin Forum

Doge coins, since it's on the rise, I figured I would make a small investment. What do you guys think?

Wrong call.

A lot of alts thats are historically low like Ripple are getting a fresh push up BUT most even LTC do have some kind justification for that rise. Yes Dogecoin might rise a lot but does a 5 year old meme have a reason do rise again? Million dollar question.


Personally I would say look at new ideas moving up like a PRIVX or a BITSEND instead of old jokes that weren't that funny first time round.

I'll invest in other alts, I only spent $97.00 for 300,000 doge coins. How could you go wrong?

I think you could have done much worse..
Like buy the latest shillcoins at the top..

dogecoin wait for 20 satoshi, this is the ideal price to buy dogecoin, but this time a small investment in XRP is perfect, it is likely the price will rise Leih XRP high in 2 months, many who are interested will be gold altcoin XRP.

Wasting our time talking about lunch money investment is "going wrong".

I've put you on Ignore.

Several altcoins have​been experiencing fast push in price, so it doesn't gonna give you loss. Even if​the price is quite low try to grab the profit out of it, because these are high volatile. Over expectation might sometimes end in great fall in price.

if you will just move back to btc after you earn 0.01$ for each doge that would be good but i'm not sure if doge will be rising sooner. it been awhile that i see that coin being discussed here int he forum and you're just one special user here who tried. haven't you seen the coins the kept moving up? focus to it.

What are the goals you are pursuing?

OH No, I don't know how I can go on....

To buy DOGE now - at 30 sat - is a risky investment. Look at the long term development of the price of that coin...
I did. And my first step on polo, two weeks ago, was:
Bought DOGE at 18 and sold it the next day for 21...
:D

But please:
Don't buy it now.
Again: to risky.

edit:
And the number of coins doesn't matter. If 300.000 coins rise 15%, one coin will it too.

what about to invest in Factom, any ideas?
I think factom also will pump, but when?

I would consider it risky to enter at this valuation as it is hard to see a valuation more than 40 satoshi ,so i would not risk purchasing it with the price above 30 satoshi as you never know when the price will shoot down.It is good to see Litecoin and Doge having some movement.

lunch money  ;D ;D ;D ;D


brilliant

I totally agree with you, Dogecoin has nothing presently going for it, the project has been abandon by the developers no new features going on top of the project, so buying into it now seems to like gambling with your money

a lot of altcoin are on rise at the moment, why dogecoin? you think will do again the pump between 20 satoshi and 60? lol that pump is too predictable now, it won't happen again, it was an easy money back then but now it's over

First of all, I only invested $97.00 people. That's not that risky. Who cares if I lose it all, although I don't plan to. I don't know what dogecoin will do honestly.

Litecoin has nearly doubled in price within the last week. I may start investing in that too. It's etherum, dash, monero, and zek that are down.

Wrong.
You should invest in coins, which are down and not in coins, which had doubled its price.
Except you know exactly, what you are doing.

When something is on the rise and you think it's going to keep rising you should invest. There is nothing wrong with buying into a crypto currency if you have confidence that it will perform well. I don't have confidence in eth, monero, dash, or zek. I just don't and will not be touching those. I am not going to invest in something I don't believe in. I belive that you are the one that is wrong.

True. Thats why I said, you should know exactly, what you are doing.


For short term, there is no need to believe in a project. To believe in a good rise is enough...
:D

Yeah. Its a Best Investment. Its due for a Big Pump. Even XRP has its Pump. Now its time for FCT to come in Top 7 group.

ok that's good, but if $97 was your entire budget, wasn't better to diversify with many coins and not just one? if you can invest more, it's better to invest in the coins you mentioned in your post, but not dash, which i see is plumming

We cant all be whales like you. Glad this Guy made a move. Goodluck on it.

Holey Toledo!!! Dogecoin is through the roof!!!! It's doubled in price since i bought it a few days ago. If you don't believe me, check the charts. my $97.00 investment is now worth $200.00  

Should I sell or hold?????

Yes, i was suprised when i saw DOGE was hit 60 satoshi (You have bought it when it was at 30 satoshi, right?)
Just hope you already sold all your DOGE, don't hold it too long or your investment will be back to your starting amount.

You're right. I already sold it all. Almost doubled my money, which was only $100.00. I will buy again when it comes down to the original price I paid, and hope to do the same with it.

Thanks peeps.

Good thing that you already sold it mate, I was going to comment that you should sell it while it's still early. Why not try to buy some alts and try to invest there, don't go back to doge anymore there are some coins that are more reliable like litecoin. Well it's up to you if you saw the price back to what it used to be just buy at your own risk.

Way to go - that's the way to trade.

Doge is a dead project. It was a Random Pump. I would suggest not to enter in it again or you will lose money. There are many Better Investments than Doge.

This is the highest I have seen DOGE in a long time, you need patience with DOGE, buy at the 20-30 and then wait as chances are at some point (months/years) it will get a little pump like we have seen.

Good job, i'm proud of you because you already made good amount from an altcoin which you don't even know it (lol)   :D.

If DOGE falling to 17 satoshi again, i will buy it without any doubt ;)

I have ever seen DOGE was hit @100 sat (it was around 2 years ago)

I've bought and sold DOGE at like 240 sat..

This thread is a good lesson..

FOMO makes bubbles, why would you want to but an alt that has already reached the FOMO stage when everyone has already invested and it is in a bubble? No, that means it has a long way to come down..
You want to anticipate the FOMO in the future and buy BEFORE FOMO kicks in, not after..

This is how good traders make money off crap traders.. They get in before FOMO and cause FOMO so when you panic buy they can dump on your head and laugh at you, then they bought low and sold high, and you bought high and are stuck with a bag or will sell low..

Pretty bad idea, not only has DOGE just rose dramatically in price, it's also a 95% dead memecoin that will inevitably get dumped even more within a month.  People are pumping loads of pointless altcoins and DOGE is just one of them (it'll collapse soon enough).

Perhaps you should buy some other coins than Doge because it has made some gains and there isn't any future plans for doge but be there just for fun and without any true purpose. So try to invest in other coins such as Ripple, ETH, ETC, etc after a small pull back. You could make more gains in 2 years time investing into them than staying with dogecoins.

It was good timing, if It goes down to the amount I originally paid, I will buy again. I wish I would have been able to buy more.