gielbier
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Activity: 914
Merit: 250
Making Smart Money Work
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May 21, 2019, 09:26:55 PM |
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Doge coin is being used widely for inter-exchange funds transfers along with gambling and other things. It is probably most effective mean of transfer of funds for low fees. That's true it started as joke but it isn't anymore just meme. You can compare it with many so-called ICO tokens of billion dollars markets and it is much more effective and good than those in many ways.
Dogecoin has its own place in its fans. Maybe those who don't know about the Doge will surely come together too. I myself feel the ease of transacting using doge, besides the cheap price the shipping transaction is so fast and the cost is very cheap too. And i also often use dogecoin as a payment if i buy something, there have been many individuals or companies that use dogecoin as payment
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tbct_mt2
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May 21, 2019, 11:14:27 PM |
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I may reduce my Dogecoin exposure in the future if it goes very high in Satoshi (like 80/100 Satoshi) and/or keep a big chunk of it in Cas it reaches 0.10$ in the next bull run, that would be awesome. But I'm not sure if that will happen. The only drawback of Dogecoin is that is an inflationary currency but it also distinguishes itself from the others
You should have detailed plans and specific price at which you will take profits with your Dogecoin you have. If you want to take profits at 80 satoshis or 100 satoshis. Let's set up your sell orders at such prices now, then forget about those sell orders. Months later, when you suddenly see Dogecoin rockets to such prices on newspaper, or social medias, let's log in your account and get your money (in BTC or USDT). Doing this will help you to avoid unstable minds when Dogecoin rises to around 60 satoshis or 70 satoshis, then you might take profits at such prices and loss chances to take profits at your desired prices.
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poornamelessme
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May 22, 2019, 01:28:58 AM |
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I may reduce my Dogecoin exposure in the future if it goes very high in Satoshi (like 80/100 Satoshi) and/or keep a big chunk of it in Cas it reaches 0.10$ in the next bull run, that would be awesome. But I'm not sure if that will happen. The only drawback of Dogecoin is that is an inflationary currency but it also distinguishes itself from the others
You should have detailed plans and specific price at which you will take profits with your Dogecoin you have. If you want to take profits at 80 satoshis or 100 satoshis. Let's set up your sell orders at such prices now, then forget about those sell orders. Months later, when you suddenly see Dogecoin rockets to such prices on newspaper, or social medias, let's log in your account and get your money (in BTC or USDT). Doing this will help you to avoid unstable minds when Dogecoin rises to around 60 satoshis or 70 satoshis, then you might take profits at such prices and loss chances to take profits at your desired prices. The danger is that is he'd need to leave the coins on an exchange the entire time. So in a way, yeah, it could be a method to avoid making a decision at 60-70 sats -- if the exchange crumbles and he loses everything. We aren't talking about a huge amount here, so I'm not saying it's a crazy risk or anything. But it's also a needless risk, as he could simply send his coins in at the time he wants to sell.
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Sellman
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May 22, 2019, 01:35:18 AM |
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The danger is that is he'd need to leave the coins on an exchange the entire time. So in a way, yeah, it could be a method to avoid making a decision at 60-70 sats -- if the exchange crumbles and he loses everything.
We aren't talking about a huge amount here, so I'm not saying it's a crazy risk or anything. But it's also a needless risk, as he could simply send his coins in at the time he wants to sell.
It is safer to store coins on biggest, reliable exchanges, so I don't think there is reasonable worriness on lose of money. Big and reliable exchanges will compensate for their users even they got hacked, like what happened with Binance recent weeks. I agreed with you that he can do better by having full control of thei Dogecoins, and only send them to exchanges if he want to take profits and when Dogecoin hits his target profit-taking price. However, he should only do this if he believe that he can determinantly control his minds and his plan.
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miningguru
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May 22, 2019, 05:18:42 AM |
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Correction is always healthy process especially before bull run get started Doge is very popular and it have very big community I don't think there is any kind of sign of worry soon it will explode to the moon. It is very important for a community to grab more coins when the market is great fluctuation and now we are in bullish which we cannot able to grab once the price of Doge is increasing. As you can see from many days the price is kept falling in the market fluctuations.
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starmman
Legendary
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Activity: 1484
Merit: 1029
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May 22, 2019, 06:22:19 PM |
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Correction is always healthy process especially before bull run get started Doge is very popular and it have very big community I don't think there is any kind of sign of worry soon it will explode to the moon. It is very important for a community to grab more coins when the market is great fluctuation and now we are in bullish which we cannot able to grab once the price of Doge is increasing. As you can see from many days the price is kept falling in the market fluctuations. Agree - always good to restock on DOGE - hoping the price drops below 32 sat again
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poornamelessme
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May 22, 2019, 07:29:02 PM |
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The danger is that is he'd need to leave the coins on an exchange the entire time. So in a way, yeah, it could be a method to avoid making a decision at 60-70 sats -- if the exchange crumbles and he loses everything.
We aren't talking about a huge amount here, so I'm not saying it's a crazy risk or anything. But it's also a needless risk, as he could simply send his coins in at the time he wants to sell.
It is safer to store coins on biggest, reliable exchanges, so I don't think there is reasonable worriness on lose of money. Big and reliable exchanges will compensate for their users even they got hacked, like what happened with Binance recent weeks. I agreed with you that he can do better by having full control of thei Dogecoins, and only send them to exchanges if he want to take profits and when Dogecoin hits his target profit-taking price. However, he should only do this if he believe that he can determinantly control his minds and his plan. Even the biggest exchanges can be hacked, as we have seen. And yeah, they usually will compensate for any loss, but that's not a guarantee either. Mt Gox was king of the exchanges for a while there... Thing is, you act like he couldn't simply go into his account when doge hits 60-70 and change any orders, and sell at that price. Whatever plan he has, that plan could change whether the coins are on an exchange or not. There can be an advantage to putting in a high sale order if he believes it'll hit a certain top and he wants to get lucky and hit it ... but the odds of him being right are pretty remote. It just seems safer to me to have control of the coins.
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rahmat86
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May 23, 2019, 03:40:04 AM |
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Is doge next year can be move up 200 sat or doge just memecoin ? I think community doge is big and many people use doge to play gambling
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marketone
Legendary
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Activity: 1302
Merit: 1000
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May 23, 2019, 03:57:10 AM |
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Is doge next year can be move up 200 sat or doge just memecoin ? I think community doge is big and many people use doge to play gambling
We are expecting much high value in the coming day, the community for the dogecoin is very huge and very few people are gambling with the Dogecoin and many people are holding the coin which they are expecting a very high price in the coming days.
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luca1073
Jr. Member
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Activity: 222
Merit: 4
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May 23, 2019, 08:23:28 PM |
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I may reduce my Dogecoin exposure in the future if it goes very high in Satoshi (like 80/100 Satoshi) and/or keep a big chunk of it in Cas it reaches 0.10$ in the next bull run, that would be awesome. But I'm not sure if that will happen. The only drawback of Dogecoin is that is an inflationary currency but it also distinguishes itself from the others
You should have detailed plans and specific price at which you will take profits with your Dogecoin you have. If you want to take profits at 80 satoshis or 100 satoshis. Let's set up your sell orders at such prices now, then forget about those sell orders. Months later, when you suddenly see Dogecoin rockets to such prices on newspaper, or social medias, let's log in your account and get your money (in BTC or USDT). Doing this will help you to avoid unstable minds when Dogecoin rises to around 60 satoshis or 70 satoshis, then you might take profits at such prices and loss chances to take profits at your desired prices. Thanks I don't use exchanges usually. I have done my operations in the past on any coin direct and I use my ledger nano to store crypto. I have bought bitcoin on wirex as it had very good rates. Dogecoin was bought first in 2015 with Bitcoin and shapeshift and in 2017 on any coin direct. Never made sell or buy orders. I have traded forex but that's another story. With crypto I'm more of a hodler
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doremi
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May 26, 2019, 08:30:13 AM |
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IFC2019
Newbie
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May 26, 2019, 10:29:53 AM |
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The first decade is optimistic about BTC and LTC, the next decade is optimistic about dog coins and IFC,BTC and LTC, the threshold is too high for newcomers, and more people will enter the currency circle later. After all, the blockchain is still in its infancy. The future must belong to the general public market, and the natural quantity advantage and unit price advantage of dog coin can attract more new people, so I am more optimistic about dog coin and IFC. in the next ten years.
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TeraBite
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Activity: 1876
Merit: 1003
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May 26, 2019, 07:00:49 PM |
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Indeed it will out perform top market very soon this is good sign to buy more when its into accumulation phase. Doge is in very strong position as compare with last years now it is moving with nice streak and it will get more adoption from mainstream users.
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san4elos
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May 27, 2019, 08:40:09 AM |
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hi. 1.14 release?
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luca1073
Jr. Member
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Activity: 222
Merit: 4
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May 28, 2019, 01:50:04 PM |
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I may reduce my Dogecoin exposure in the future if it goes very high in Satoshi (like 80/100 Satoshi) and/or keep a big chunk of it in Cas it reaches 0.10$ in the next bull run, that would be awesome. But I'm not sure if that will happen. The only drawback of Dogecoin is that is an inflationary currency but it also distinguishes itself from the others
You should have detailed plans and specific price at which you will take profits with your Dogecoin you have. If you want to take profits at 80 satoshis or 100 satoshis. Let's set up your sell orders at such prices now, then forget about those sell orders. Months later, when you suddenly see Dogecoin rockets to such prices on newspaper, or social medias, let's log in your account and get your money (in BTC or USDT). Doing this will help you to avoid unstable minds when Dogecoin rises to around 60 satoshis or 70 satoshis, then you might take profits at such prices and loss chances to take profits at your desired prices. The danger is that is he'd need to leave the coins on an exchange the entire time. So in a way, yeah, it could be a method to avoid making a decision at 60-70 sats -- if the exchange crumbles and he loses everything. We aren't talking about a huge amount here, so I'm not saying it's a crazy risk or anything. But it's also a needless risk, as he could simply send his coins in at the time he wants to sell. exactly I agree, that's why i didn't leave them on an exchange. at the moment is 13 % of my portfolio which is still a lot. but i repeat i bought them when they were worth pretty little
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igorttomic
Copper Member
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Activity: 196
Merit: 2
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May 28, 2019, 08:06:24 PM |
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dineo
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May 29, 2019, 08:38:28 AM |
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Armando
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May 29, 2019, 09:19:13 AM |
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Sounds like you invested in crypto too soon, around four years ago at least, and you have not sold any of your coins, even bitcoin, or dogecoin. That sounds strange and blows my minds that you did not sell your bitcoin when it hit all time high around $20000 months ago.
More like years now although I have a feeling that bitcoin will hit new height in a couple of months Maybe dogecoin too
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jtalk
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Activity: 1610
Merit: 1004
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May 29, 2019, 09:24:07 AM |
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You are right first BTC will show us new ATH and the alternative coins market will follow the trend. This is well tested pattern when there is cool off period in Bitcoin then all the profit goes to alt coins to ride another waves. Once these both markets are done then new bear cycle starts. This is continue for couple more cycles like this.
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motienvolam
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I love my wife and my little girl
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May 30, 2019, 06:17:50 AM |
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You are right first BTC will show us new ATH and the alternative coins market will follow the trend. This is well tested pattern when there is cool off period in Bitcoin then all the profit goes to alt coins to ride another waves. Once these both markets are done then new bear cycle starts. This is continue for couple more cycles like this.
It is too soon to mention about new all time high for bitcoin, because despite of the fact that bitcoin has been in its bull run, it has been still to far to distant all time high nearly $20000. At first, bitcoin have to move to that range, break that strong resistant point, before catching new flow of investors and their money. If bitcoin successfully to catch them all and gather enough momentum, it might set up new all time high. Even at the range nearly $20000, bitcoin will have to suffer strong resistance and corrections, so I don't think bitcoin will break it easily. In contrast, we have been in early start of altcoin bull run.
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