Dogecoin in 2020, win or fail?

[TUs77777]

Invest in a coin more useful to the community and more reliable in the long term you will be in +

[1715222422]

1715222422

[1715222422]

1715222422

[Don Pedro Dinero]

Hello guys and dogecoin believers. As we all know bitcoins price is so high that a small time earner like me can no longer afford to invest on. I am planning to invest on dogecoin and hold it for a long time however I am not certain if this is a good Idea i hope that It will be like bitcoin in 2009 which is almost for free. I want your inputs rrgarding this guys so that I could understand further what will happen to dogecoin in 2020.

As you can see, most replies don’t believe it is a good coin to invest. The thing is, it is just one coin among other hundreds, it has been around for a while and it doesn’t have any characteristics that makes us think it will win in 2020, rather the opposite.

Anyway, you have to make your own decisions when investing, but try to read as much information about the particular asset you are going to invest before you do it.

[Hammonds]

it proves that doge coin is a coin that is able to survive despite continuing ups and downs, and now the doge coin is back in the question of its future. I think by the year 2020 the doge coin will again find its enchantment.

[nc50lc]

"Dogecoin Believers" a funny title for a just-for-fun currency holder.
Honestly, I'm a fun person but I'm sure Dogecoin's value will not rise even after a decade.
Unless people will actually use it, for example: Trading Memes.

I'm still holding 100DOGE just in case.

[RoadToBTC]

Doge I think one altcoin is good for fast transactions and also move bitcoin from one market to another market, because many are using, I'm sure one day the price of doge will rise more than yesterday's highest price at the pump.

[khokon150]

I am not fan of Dogecoin.But everybody knows about doge this coin very lower growth coin.Those who hold dogecoin for many months do not profit i think.But in 2020 is very log time so may be doge coin will be success.

[mdenys]

Why Doge?because it's cheap,but there are so many tokens with similar price never been well-pumped yet.Better invest in a few of them and wait-next year one or two will certainly give you fat profit   

[Pierre 2]

Well it may win. It is the best cheap coin out there but you must first know you are investing into bottle of water or something. Or I may even say its air of soda or something. That value would only increase with regular pump or market cap explosion.

[RondoAnyar]

still difficult to predict for dogecoin whether it can win or fail, because the current price is still at the lowest point. maybe there should be some action from dev for this doge coin can give a very good price in some time to come.

[soname12]

I think doge will disappear within 2-3 years. There are a lot of people who no longer trust doge coin anymore. Doge has no special events and at least the update versions update. There are a lot of gambling sites for doge payments that bring in a lot of gamblers everyday and there are a lot of doge coin present that is more than 111 billion doge with this kind of coin I think it will be hard to get high prices.

[ldah94]

Currently the cryptocurrency has not stopped falling for a long time reaching historic lows. The main reason is that dogecoin has not been updated for 18 months, although there is also growing industry competition, which does not bode well for its longevity.
The volume traded has also fallen drastically since the peak in popularity, according to CoinMarketCap and dogecoin mining is no longer profitable, not only because the price of dogecoin has fallen, but also the mining reward has fallen.
therefore it would not be a good currency to invest!

[randythered]

Hello guys and dogecoin believers. As we all know bitcoins price is so high that a small time earner like me can no longer afford to invest on. I am planning to invest on dogecoin and hold it for a long time however I am not certain if this is a good Idea i hope that It will be like bitcoin in 2009 which is almost for free. I want your inputs rrgarding this guys so that I could understand further what will happen to dogecoin in 2020.

Honestly I don't think dogecoin can ever become like bitcoin, if you look at its market cap it cannot grow too much already and it is such a struggle for them even if they got a good team with good development because to many it is just considered as a joke coin.

[CrypticGambit]

Invest in a coin more useful to the community and more reliable in the long term you will be in +

Dogecoin will definitely fail it has no use case. it is giant bubble and ponzi to me, but if you like the doge coin you can buy and bag hold some of them for the rest of your life.

[bananadines]

Hello guys and dogecoin believers. As we all know bitcoins price is so high that a small time earner like me can no longer afford to invest on. I am planning to invest on dogecoin and hold it for a long time however I am not certain if this is a good Idea i hope that It will be like bitcoin in 2009 which is almost for free. I want your inputs rrgarding this guys so that I could understand further what will happen to dogecoin in 2020.

I dont really believe in dogecoin and I think there will come other coins that are better than the most coins that are hyped right now

[Javi_Anibarro]

what do you mean by win ?
dogecoin already abandoned by the developer,which mean there will be no more progress with it.
with that alone we can see it'll never achieve anything in the future.
but it's the first meme coin in this cryptocurrency and mane people like dogs,
that is why this coin keep exist and survived for this long.
it became another pump and dump coin,
nothing more than that i believe,or i might be wrong in here ?

[slaman29]

Hello guys and dogecoin believers. As we all know bitcoins price is so high that a small time earner like me can no longer afford to invest on. I am planning to invest on dogecoin and hold it for a long time however I am not certain if this is a good Idea i hope that It will be like bitcoin in 2009 which is almost for free. I want your inputs rrgarding this guys so that I could understand further what will happen to dogecoin in 2020.

As you can see, most replies don’t believe it is a good coin to invest. The thing is, it is just one coin among other hundreds, it has been around for a while and it doesn’t have any characteristics that makes us think it will win in 2020, rather the opposite.

Anyway, you have to make your own decisions when investing, but try to read as much information about the particular asset you are going to invest before you do it.

All valid points, but the unique thing about Dogecoin is its rabidly faithful community... and I would say, its surprising resilience over the years despite the lack of serious developments for two years. It has almost been a year since the last announcement was spread about the rehabilitation of Doge, so I still have that faith. I hold perhaps less than 1% of all my crypto in Doge. More like sentimentalism than anything else, but I really don't mind every time someone asks out of the blue, if I don't mind getting paid in Doge. It'll be around in 2020 for sure, and almost certainly more valuable than today. Perhaps not even $2, but that still qualifies as a hedge.

[mikewirth]

Dogecoin is a complete joke, it's still alive. Doge was  the biggest kripto to the recognition of digital money market after Bitcoin. Doge deserves respect.
I think it's Hodl.

[EthereumBoy]

Dogecoin is as real as bitcoin. I dont think that you shoul put any money on cryptocurrencies but if you want gamble then I would recomemend buying ethereums. Dogecoin is great coin but it is just taken from air. Price is ridigilus and i dont think that it will raise a lot.

[crabby]

My question would be, why Dogecoin? I think there are many other currencies that are priced similarly low, however have a much better outlook than Dogecoin. If I was the one investing, I would look at the technologies behind each of the coins. Do they have something novel? Do they have something worth investing in? Similar to stocks, I think it's best to invest in something you truly believe in. Next, I would look at their supply. Dogecoin essentially has an unlimited supply. Anything with an unlimited supply will lose value over time. Last, I would look at the demand. In my personal opinion, Dogecoin does not have significant demand. All of these things and many more will play into the price of Dogecoin in the future. These are just my opinions, but whatever it is that you decide, I wish you the best of luck!

I chose doge versus the other cheap crypto because I think it stil haw its potential to boom. Thats in my iwn opinion. Currently the supply is overflowing thats why I would like to invewt just maybe few hundred dollars. We will never know what lies ahead for doge in the future, but Im willing to take the risk. Remember when it was hitting more than hundred sats few months ago? It is like a diamond in the rough and what makes it even more special is that it is not yet that popular. It might take some time for it to reach its true value at least I will be there when time comes. I will revive this post on 2020 to update you guys.

The great thing about trading / investing is that you never truly know what will happen, so I can't say your view is wrong. You can see the general sentiment is that Doge will not continue to grow in value. I believe it's a risky bet, but I hope it pays off for you. Let us know when the time comes!

[Clark05]

I have dogecoin and i hope the price will increase even little only because I want to sell it. We don't know if the dogecoin will increase the price or decrease because tthe buyers of this coin is very little. But I hope it will increase so i can make profit.