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Author Topic: Is dogecoin worth to invest?  (Read 10739 times)
foxxcom (OP)
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July 03, 2016, 03:58:09 PM
 #1

I plan to buy a few millions of dogecoin for long-term investment,does this coin worth to invest?
Anarchy101
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July 03, 2016, 04:07:28 PM
 #2

Investing in DOGE coin is not worth it at a moment because the market is really slow right now.
BitcoinNational
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July 03, 2016, 04:12:03 PM
 #3

slow?
half million $ in daily volume is slow?

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CjMapope
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July 03, 2016, 04:12:18 PM
 #4

I plan to buy a few millions of dogecoin for long-term investment,does this coin worth to invest?

it depends. i personally keep a constant 10%ish   in Doge.  its an easy store of value. buy around 40, sell around 50. 7 times a year Wink
as far as a long term investment, you have to ask yourself, other than a store of value, what does DOGE DO for you while you hold it?
the answer is not much.  
whereas other coins could have PoS mechanisms that make you some interest while you "long term hold".
all in all if long term investment is your plan, doge may not be the coin for you. BTC might be! haha
hope that helps, it's just my opinion anywayz ;p

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July 03, 2016, 04:13:25 PM
 #5

slow?
half million $ in daily volume is slow?


right?  DOGE is one of the solids.  you never have to worry about having a buyer for your DOGE Wink

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densuj
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July 03, 2016, 04:16:11 PM
 #6

I plan to buy a few millions of dogecoin for long-term investment,does this coin worth to invest?
Although doge coin is old coin but the daily fluctuating of price is not too hight my opinion doge is not worth for today to invest. I most like ethereum than doge coin. It is just my opinion. There are not people who know about future. Depend on your self to make dessition
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July 03, 2016, 04:25:07 PM
 #7

I plan to buy a few millions of dogecoin for long-term investment,does this coin worth to invest?
You wan to buy few millions of Doge because it sounds more serious that owning couple BTC? For now Doge is like 10th crypto with market cap of almost $30kk.
It is not gonna change much from there. If you want to profit or purchase an asset worth keeping you would better invest in BTC instead.
GreenBits
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July 03, 2016, 04:28:08 PM
 #8

slow?
half million $ in daily volume is slow?


right?  DOGE is one of the solids.  you never have to worry about having a buyer for your DOGE Wink

And fast as hell (transaction wise) .It's also one of the more popular in the public eye, since this is one of the few coins that actually made a nod at branding (the meme itself, the NASCAR thing, etc). You could do much worse Smiley

I think of holding DOGE like holding a pocket full of nickels and pennies.
bitdoger
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July 03, 2016, 04:32:52 PM
 #9

I plan to buy a few millions of dogecoin for long-term investment,does this coin worth to invest?
Although doge coin is old coin but the daily fluctuating of price is not too hight my opinion doge is not worth for today to invest. I most like ethereum than doge coin. It is just my opinion. There are not people who know about future. Depend on your self to make dessition
yes agree doge is old coin not good profitable but stable.. but about ethereum im not sure So from my look more profitable is to invest in BTC then DOGE or ethereum

Mr.grin
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July 03, 2016, 04:58:21 PM
 #10

I think it is still worth it if you really believe in dogecoin. many people are using dogecoin as a trading tool, I guess they are just invest the doge doge and believe that will make a profit for them. I think it's very feasible.
intrader
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July 04, 2016, 12:57:07 PM
 #11

Dogecoin is one of the most popular alt coin its sure worth to invest, I already trading Dogecoin since 2014
Nimbulan
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July 04, 2016, 01:25:16 PM
 #12

I plan to buy a few millions of dogecoin for long-term investment,does this coin worth to invest?
i think there is no cap of mining dogecoins so it will be mined endlessly and its worth might be falling in the future so i think it is a really risky investment option right now

in my opinion if i were you i would most probably not invest it into any cryptocurrencies because most of them are going to fall in my opinion, though thats just my opinion about dogecoin

 
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July 04, 2016, 01:34:50 PM
 #13

I plan to buy a few millions of dogecoin for long-term investment,does this coin worth to invest?
yup, i think thats very worth, especially you said its investment for long term. Doge price now around 42-43 sat, its stable for some months, maybe doge would hit 120 sat again in the future.
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July 04, 2016, 01:53:42 PM
 #14

I plan to buy a few millions of dogecoin for long-term investment,does this coin worth to invest?
i think there is no cap of mining dogecoins so it will be mined endlessly and its worth might be falling in the future so i think it is a really risky investment option right now

in my opinion if i were you i would most probably not invest it into any cryptocurrencies because most of them are going to fall in my opinion, though thats just my opinion about dogecoin
Dogecoin might be mined endlessly but the price never fall down below 28 satoshi since 2013,you will see there are many newer alt coin drop to 1 satoshi from 5000 satoshi within a week or even in hours,invest in Dogecoin is safer than any alt coin.
People invest in cryptocurrencies because they want profits there are alway have a risk but we can choose the safer one to minimize Losses.
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July 04, 2016, 02:26:25 PM
 #15

Doge coin is Scrypt PoW mining. That mining is mainly controlled by the Chinese farms. I am not sure about that.
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July 04, 2016, 02:34:53 PM
 #16

I think it's more interesting to invest in Litecoin the price will mostly go up when the price of Bitcoin going up. Dogecoin price is mostly stable and almost never reach higher then 50 satoshi. If you only want to buy doge for profit I shouldn't do it.
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July 04, 2016, 02:39:52 PM
 #17

I plan to buy a few millions of dogecoin for long-term investment,does this coin worth to invest?

Of course dogecoin is one stable coin there are hundreds of coins that launch and has turned to scam but Dogecoin is still there in fact so many merchants are now accepting dogecoin,but of course do not put all your eggs in one basket..

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July 04, 2016, 03:20:42 PM
 #18

I think it's more interesting to invest in Litecoin the price will mostly go up when the price of Bitcoin going up. Dogecoin price is mostly stable and almost never reach higher then 50 satoshi. If you only want to buy doge for profit I shouldn't do it.
Never reach higher than 50 satoshi? Dogecoin reached 120 satoshi few months ago,currently price is stable between 40 to 46 satoshi that not mean will not break 50 satoshi wall
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July 04, 2016, 03:22:13 PM
 #19

I'd look at it like this.. Do you want to invest "real money" into a MEME related thing ?

You may get a better ROI investing in "I caen Haz Cheezburger" Cat T-Shirts..
Or "Serious Cat" brand condoms..
or..
"Grumpy Cat Coffee"

I hear the new Grumppaccino is pretty damn tasty..



FUD first & ask questions later™
foxxcom (OP)
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July 04, 2016, 03:27:01 PM
 #20

I'd look at it like this.. Do you want to invest "real money" into a MEME related thing ?

You may get a better ROI investing in "I caen Haz Cheezburger" Cat T-Shirts..
Or "Serious Cat" brand condoms..
or..
"Grumpy Cat Coffee"

I hear the new Grumppaccino is pretty damn tasty..



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