On a similar DOGE related note, is it viable to short DOGE long term on Poloniex.
It is obviously going to fall, I mean look at the charts! It always rises to 100+ sats briefly, then falls quickly back down.
I would love to profit from the inevitable fall, but I don't want to have to pay very high interest rates. It could take a week or 2 before it falls, going long is easy, going short has a higher degree of urgency.
Well DOGE is a good coin to invest but i cant see it can be pumped or go very high in the price. The reason for that is DOGE total coins are too much and since DOGE has been for quite a long time (its not a New coin ), many people sells the Doge as soon as they see it is pumping. Maybe the old holders of DOGE are not too sure if this high price can sustain and therefore you see so many sell orders.