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Author Topic: DOGE COIN is it worth investing in it or should i look for another ALT coin?  (Read 9314 times)
Girsh (OP)
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May 30, 2019, 03:10:46 PM
 #1

I see it go up and down every day so I'm confused!
Adriano2010
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May 30, 2019, 03:25:43 PM
 #2

Try diversify your holdings and try other altcoins and hold also some doge, the price is where is because the altcoins not have a bull run yet and we need to wait more for a bull run.
Girsh (OP)
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May 30, 2019, 03:31:05 PM
 #3

Try diversifying your holdings and try other altcoins and hold also some doge, the price is where is because the altcoins not have a bull run yet and we need to wait more for a bull run.

I'm trying my best so far in diversifying my coins but today dodge coin raised 15% that's why I'm confused  Roll Eyes
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May 30, 2019, 03:32:50 PM
 #4

If you are looking for a profit, there are many other coins that would provide you better profit than dogecoin.
Dogecoin has an infinite supply and hence it would be increasing in number forever. And with the increase in supply, it's price would keep on decreasing against other coins.


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May 30, 2019, 03:37:53 PM
 #5

I see it go up and down every day so I'm confused!

To begin with; there are more topics about doge on the forum; look them up
Secondly; doge is a good coin for investing if you can do a good researching

Dyor and make your buys and sells
Girsh (OP)
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May 30, 2019, 03:42:34 PM
 #6

If you are looking for a profit, there are many other coins that would provide you better profit than dogecoin.
Dogecoin has an infinite supply and hence it would be increasing in number forever. And with the increase in supply, it's price would keep on decreasing against other coins.

but in the near future, millions and millions of ppl will start dealing in cryptocurrency so holding some of this cryptocurrency won't harm but I'm thinking of getting like a 1kk coin of it  to hold them for the future

and I'm all earings to hear from u about other coins that u said it can give me profits
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May 30, 2019, 03:43:22 PM
 #7

I see it go up and down every day so I'm confused!
go for another altcoin it caused by dogecoin has a very high inflation and that will worth to become long term or im still feeling doubt about that. the only value for doge because that can be used to sent a transaction that cost a very small fees compared with another blockchain but what i don't like from this coin if this coin just like a zombie coin.
A big inflation makes it even worst.

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May 30, 2019, 03:51:50 PM
 #8

Dogecoin is a cute coin famously used for tipping other users. It is intentionally maintained at a low price to make it easily accessible and keep a flat 1 doge fees. This makes dogecoin a good coin to make inter exchange transfer and a good token for gambling.
Girsh (OP)
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May 30, 2019, 03:55:58 PM
 #9

I see it go up and down every day so I'm confused!
go for another altcoin it caused by dogecoin has a very high inflation and that will worth to become long term or im still feeling doubt about that. the only value for doge because that can be used to sent a transaction that cost a very small fees compared with another blockchain but what i don't like from this coin if this coin just like a zombie coin.
A big inflation makes it even worst.
any opinions about the other alt I should use?
chocopapaya
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May 30, 2019, 03:56:56 PM
 #10

You should first take a look at the history of Doge, it's really interesting.
It started out as a joke coin.
It came out at a time when people where just messing around and making things like nyancoin and whatnot.

Somehow it became pretty popular and an avid community gathered around it.
Even after the original dev dropped it, it still lived on because of the small community supporting it.
And then, bam! in 2017 it takes off.
With hype, fomo, and the greatest bull run in crypto history, it really took off.

I think one of the major reasons why is because it was so cheap.
People were desperate to find the "next bitcoin" and were buying up really cheap coins.

Girsh (OP)
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May 30, 2019, 04:06:05 PM
 #11

I see it go up and down every day so I'm confused!

To begin with; there are more topics about doge on the forum; look them up
Secondly; doge is a good coin for investing if you can do a good researching

Dyor and make your buys and sells

all of the posts are old and negative opinions
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May 30, 2019, 04:20:04 PM
 #12

I see it go up and down every day so I'm confused!

To begin with; there are more topics about doge on the forum; look them up
Secondly; doge is a good coin for investing if you can do a good researching

Dyor and make your buys and sells

all of the posts are old and negative opinions
You can use them up as a basis whether to continue your interest or better to stay away from this project, if you have lots of time and funds that you can spare for this, try buying little by little and start creating your own strategy, whether long or short trading just make sure to learn from each trades that you've made.

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May 30, 2019, 04:28:01 PM
 #13

Try diversifying your holdings and try other altcoins and hold also some doge, the price is where is because the altcoins not have a bull run yet and we need to wait more for a bull run.

I'm trying my best so far in diversifying my coins but today dodge coin raised 15% that's why I'm confused  Roll Eyes
Indeed dogecoin had an impressive unexpected pump, seems it was a late effect of the pump that affect the market in general. But now that the pump has already happened, I think it's not a good idea to invest on it. It's suggested to invest in a currency when it's stable or when it's starting to pump, to decrease the investment risks. I would forget doge and look for another altcoin to invest now.

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May 30, 2019, 04:29:22 PM
 #14

I see it go up and down every day so I'm confused!

Don't bank too much on dogecoin better focus your eyes and investments with other altcoins, of course that is aside from bitcoin. I am sure you can easily find other good alternatives just search for them. I actually have some dogecoin and I am just waiting for the right time to dispose of them.
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May 30, 2019, 04:39:25 PM
 #15

I see it go up and down every day so I'm confused!
Wouldn't recommend for long term holding or investing, If you want to make money from those pump and dump then It's good.. Dogecoin could really one day be gone, So be careful what you in invest in.
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May 30, 2019, 04:46:58 PM
 #16

I would not invest in it,it's SCUM initially,for the sake of a joke, the project was released,do you know what its purpose is? what useful it is? that stupid project from what is not,so that sooner or later it can zagnuts very easy,when faith in this token propagan investorov

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May 30, 2019, 05:39:09 PM
 #17

This coin does not bring any new technologies to the world of blockchain, it was invented for a joke. All the more has unlimited supply, respectively never will cost much.


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May 30, 2019, 06:02:46 PM
 #18

Why dogecoin? Because there are thousands of coins that can be invested instead. One of the most frequently used tactics in trade is investing not one but a few. So diversify your money. Actually I do not see dogecoin as the most potent one, maybe you should invest some portion.
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May 30, 2019, 06:10:50 PM
 #19

Dogecoin is not a bad investment. It needs a lot of time to see an improve of its price. But when it will happen, it is going to be very fast and high as usual. You need to be patient. Don't put all your bags on one egg.
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May 30, 2019, 06:11:25 PM
 #20

I would avoid DOGE for now and move ahead with one or more of the top 10 ALT coins as per coinmarketcap. That is my personal opinion.
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