lost 1000$ in dogecoin investment

[Morticio]

Don't check price on coinedup...

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[bykardinal]

crapcoins and they stories 

[SvenTaylor1980]

shit, crap and scam are siblings.

I feel sorry for those who lost money. But if many warnings don't help.... bad luck.

I select my investments into serious coins, such as BTC, PPC, NMC and since a couple of days: EAC

So far i was doing well with those. But i also lost some money. I was stupid enough to trust in WDC. Now i got rid of them with 15% lost. Never again.

Maybe you lost because dogecoins are scam? Could that be possible?  

They're a shitcoin, but not a scam.

[Viperbass]

We are basically 40% through this block reward period, so we will have a lot more pain to come, I think prices will hold at 35(as a bottom) though.

[badger_hunter]

never invest in something you don't understand, its best to mine new coins  then buy them,   that way you get a good idea of the price,  

and don't  expect  such a quick  return on your  coin,   I've had to wait more then  6 months to make a profit on some coins

[Buffer Overflow]

Don't think OP has got the hang of these pump & dump coins yet.

[Viperbass]

never invest in something you don't understand, its best to mine new coins  then buy them,   that way you get a good idea of the price,  

and don't  expect  such a quick  return on your  coin,   I've had to wait more then  6 months to make a profit on some coins

Great post.

[Mjbmonetarymetals]

I actually won money on Doge

I mined it for a day and dumped it on market opening.

Sorry to hear, you should mine the coins instead of buying them...

Who do you think buys them once they are mined? Investors should be aware miners will mine and bring anything to market.

Now we are moving through the phase of stupidly named crypto's with little to no chance of gaining significant market share over similar crypto's. 2nd generation cryptocoins will allow investors to move in ahead of miners which will put a gradual end to the miners coin-dumping free for all.

[MoneyGrabber]

Whats interesting is the fact you get a lot of people doing pump and dump, sure good way to make a few bucks short term, i have 7 million doge coins watched the rise and fall but i prefer the long term approach, so when maybe in a year or 2 when dogecoin blocks halve i would expect the price to rise and make more than i would have by dumping, so you have not really lost your $1000 its just in the bank holding  , unless you did something really stupid like buy high, sell low then thats your just crazy on your part.
 Ps Cannot stand those idiots that dump 100 million plus coins on the market as soon as a coin is released at 0.00000001, way to go guys kill a coin before it has any chance & kill it for everyone.

[Buffer Overflow]

Ps Cannot stand those idiots that dump 100 million plus coins on the market as soon as a coin is released at 0.00000001, way to go guys kill a coin before it has any chance & kill it for everyone.

That makes no sense complaining. The only reason for it's existance is to be dumped in exchange for Bitcoins. It exists for no other reason apart from this.

[MoneyGrabber]

Ps Cannot stand those idiots that dump 100 million plus coins on the market as soon as a coin is released at 0.00000001, way to go guys kill a coin before it has any chance & kill it for everyone.

That makes no sense complaining. The only reason for it's existance is to be dumped in exchange for Bitcoins. It exists for no other reason apart from this.

 Makes perfect sense, if you filter coins on to the market then the price rises & has a chance to find a balance, if you dump millions at at the lowest price possible then it has no where to go.

[Iter]

doge is a joke coin. a meme made into a coin. a troll coin to legitimite alt coins

it has the life cycle of any normal meme. first hype, then people get bored with it and jump to the next.

e.g. earthcoin has a EAC/us-dollar-only  exchange planned, a android wallet and has a huge dev team behind it.

doge has what? a meme? that is of no use.  dev team? you mean one guy who thinks the doge meme is funny. tomorrow he'll think something else is funny.

Dogecoin's community is bigger than Litecoin, that's what it has.

Doge already has a mobile wallet: http://www.reddit.com/r/dogecoin/comments/1u8oe6/over_1000_downloads_for_dogecoin_mobile_wallet_a/

[Kergekoin]

I just love those narrow-minded people who hate or dont understand DOGE fenomen. Meme is just a part of DOGE success.
One simple fact for you. DOGE is still on top of the profitability list despite being heavily mined and heavily sold.
If you buy high and sell low then its your own fault.
Money doesnt grow on trees.

[black_swan]

I actually won money on Doge

I mined it for a day and dumped it on market opening.

Sorry to hear, you should mine the coins instead of buying them...

Mining early is the only way to make money from these coins.

This.
They are a joke, to convince you stupid people (like OP, whether he is trolling or not) to give exchange BTC for pure shit.
Think about it, why something which is a copycat should have a value? It's a fucking copy!

[Gwapo]

doge was mostly HYPE and some speculation.
was not wise investment

[Stalast1ck]

doge is a joke coin. a meme made into a coin. a troll coin to legitimite alt coins

it has the life cycle of any normal meme. first hype, then people get bored with it and jump to the next.

e.g. earthcoin has a EAC/us-dollar-only  exchange planned, a android wallet and has a huge dev team behind it.

doge has what? a meme? that is of no use.  dev team? you mean one guy who thinks the doge meme is funny. tomorrow he'll think something else is funny.

doge is as good as dead. and so are the inevitable cat/nyancat/[enter any meme people might have heard of]coins

this business is about serious alternatives to litecoin and bitcoin. not about having a laugh

Could not have put it better myself.

[KingGoon]

doge to the moon??   

[krysstoff]

Guys, to mine Coin,

YOU BUY VIDEOCARDS AND COMPUTER.

HOW MUCH, MAYBE MORE THAN 1000$

NO ?

but you keep your pc,

[Stalast1ck]

The meme popularity represents what the price will be. See Google trends.


https://i.imgur.com/PD9UMVz.png

[Buffer Overflow]

i have 7 million doge coins watched the rise and fall but i prefer the long term approach,

This is called being a 'bag holder'.