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Author Topic: Doge - Hold or dump ?  (Read 1412 times)
Ajcrypto (OP)
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January 09, 2018, 05:54:45 PM
 #1

Hi,

 I have some Dogecoins. I read it hit 2 billion market cap. I am a newbie . a friend suggested that i dump it and buy reddcoin.

experts please suggest.
hiwainmoto
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January 09, 2018, 05:56:03 PM
 #2

Hi,

 I have some Dogecoins. I read it hit 2 billion market cap. I am a newbie . a friend suggested that i dump it and buy reddcoin.

experts please suggest.
Theres no active development in doge for the past 2years? is there any reason why we should hold it for long?

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January 09, 2018, 05:59:24 PM
 #3

As far as I know now no one is involved in the development of the Doge project, so if it exists without modifications, then of course it will wither, but it is useful as a withdrawal tool, so the project will not go anywhere.
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January 09, 2018, 06:01:09 PM
 #4

I wonder why the price keeps going up. Like who is buying it? I understand that some people like the fun concept of this coin but are those people really the ones who move the price.
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January 09, 2018, 06:03:52 PM
 #5

I'm not selling yet.  Cheesy

But if you have good profit and don't feel comfortable holding, you should sell, no one ever got broke for taking profits...

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January 09, 2018, 06:04:34 PM
 #6

As far as I know now no one is involved in the development of the Doge project, so if it exists without modifications, then of course it will wither, but it is useful as a withdrawal tool, so the project will not go anywhere.
Exactly that the main reason you should forget about DOGE and find promising project with lower supply than doge , it is a game for DUMP and PUMP if you like to play never think to hold for long time .

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dinoloverpete
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January 09, 2018, 06:09:58 PM
 #7

Hi,

 I have some Dogecoins. I read it hit 2 billion market cap. I am a newbie . a friend suggested that i dump it and buy reddcoin.

experts please suggest.

Dump it and don't buy reddcoin, they're both not the greatest of coins and are highly pumped right now, both were under 20 satoshi recently, in fact RDD was under 10 satoshi. There are much better alternatives out there.

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January 09, 2018, 06:10:52 PM
 #8

I wonder why the price keeps going up. Like who is buying it? I understand that some people like the fun concept of this coin but are those people really the ones who move the price.

I was also wondering why the price of DOGE went up so high, but apparently it has something to do with the year of the dog in China lol.
I sold most of my coins, I think price will fall back (and then probably gets another pump).



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Rainbot
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January 09, 2018, 06:14:03 PM
 #9

I'd dump Doge , it's just pump/dump token and holding it have no reason for me . Just sell it on a daily/weekly pump and buy a good altcoins .

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January 09, 2018, 06:14:12 PM
 #10

Hi,

 I have some Dogecoins. I read it hit 2 billion market cap. I am a newbie . a friend suggested that i dump it and buy reddcoin.

experts please suggest.

Usually when doge reach 100 satoshi each I will dump it. But as today, when I saw a lot of alts prices increased so significant, I prefer to hold it while I keep monitoring the price movements. FYI, I have some alts which in the past has almost no value but today some of my alts start to increase in price.

Kinoman
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January 09, 2018, 06:16:21 PM
 #11

Hold!
This coin has not yet reached its peak of growth. And I'm sure that the price will still go up in the near future. I decided to store these coins in order to get the maximum profit.

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January 09, 2018, 06:17:26 PM
 #12

How about you don't do either and actually use it?

The dogecoin community is pretty active, you will find there are many ways to use the coin.
Also, there are actually quite a few doge markets.
You can often find incredible prices when you trade with doge instead of btc or eth.

Investing in it won't work.  There's no development team and the max supply will continue to grow indefinitely.

Dumping them might bring you a little profit, but I can imagine a lot more utility through using it instead of selling them off.

One thing to consider, it was kind of a joke coin up until 2 months ago and now people are suddenly thinking it has a good future.
Why? Because the price is cheap.

That is a terrible way to go about speculating on your investments.

Diversifying your portfolio is more than just buying different coins, it's finding different avenues and methods of handling your investments.

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January 09, 2018, 06:18:21 PM
 #13

I wonder why the price keeps going up. Like who is buying it? I understand that some people like the fun concept of this coin but are those people really the ones who move the price.
Its the year of the dog,probably the chinese are getting this coin for their good fortune,you know fengshui?

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January 09, 2018, 06:18:53 PM
 #14

Hi,

 I have some Dogecoins. I read it hit 2 billion market cap. I am a newbie . a friend suggested that i dump it and buy reddcoin.

experts please suggest.
I do not think it grows because of its poor application and bulk release
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January 09, 2018, 06:20:16 PM
 #15

If bitcoin gold is able to be in top 20 coin then dogecoin is too. But don't expect the price of doge to hit 1$. If price of dogecoin would hit 1$ then his market cap would be 90kkk right under Ripple.  
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January 09, 2018, 06:22:12 PM
 #16

I have some Dogecoins. I read it hit 2 billion market cap. I am a newbie . a friend suggested that i dump it and buy reddcoin.

No offense, but Reddcoin has already increased a lot during the last few days, the same applies to doge.

But if i was on your shoes, i would hold those doges, of course. The fees are pretty low compared to other altcoins, that is why a lot of people prefer to use doge instead of other  coins.

Reddcoin is a crappy coin, i dont know why it suddenly pumped by more than x4 since the last month.
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January 09, 2018, 06:25:57 PM
 #17

doge prices slowly but surely continue to increase, if you want to invest long-term, maybe doge will be an interesting choice for you, but it takes patience that most do not have in most people
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January 09, 2018, 06:46:42 PM
 #18

I suggest you dump it when you are satisfied with your profits,there will be no development with this coin as the developers are inactive for the past 2years.

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January 09, 2018, 06:47:53 PM
 #19

You can sell it once you have earned your profit. It's not good to sell it when you hear someone else's advice
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January 09, 2018, 07:03:11 PM
 #20

The situation in the market of crypto-currency is very unpredictable. For long, I think you can only keep those coins that are young. DogCoin has already grown quite high. Is there any reason?

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