Doge coin is good or bad for investment ?

[bitcampaign]

I invested in dogecoin since 2 years ago, until now I still hold it in my wallet, we all know that a few days ago Binance added dogecoin on their exchange site, I believe my future investment will get a big profit, the volume of trading in dogecoin will be high also to attract new investors and dogecoin traders in Binance, but all those decisions come back to you

[John46285]

For me yeah it’s not so bad coin for investment. I personally like this coin very much and I've bought this coin at 40 sat and still holding for long term.     

[tabas]

Price is currently on 28 sats and I think that's a good time to buy. It has reached 90 sats before and I thought that around 35-39 sats is the bottom of it but we have it now on sale. This is the only altcoin that everybody loves though it's made as a meme coin.

[numanoid]

I invested in dogecoin since 2 years ago, until now I still hold it in my wallet, we all know that a few days ago Binance added dogecoin on their exchange site, I believe my future investment will get a big profit, the volume of trading in dogecoin will be high also to attract new investors and dogecoin traders in Binance, but all those decisions come back to you

Why did you not sell those when it reached more than 100 sats many times during 2 years that? You could make descent profit already if you sold all your dogecoin.

For me yeah it’s not so bad coin for investment. I personally like this coin very much and I've bought this coin at 40 sat and still holding for long term.    

Same here, i thought doge would be increased to 100 sats when it added to binance, but it's not

[Tuturtinular]

I think this coin is not so bad because in fact the doge coin is so much loved by cryptocurrency lovers, and if invested it seems good too because this coin has been listed on a binance exchange even though the price is down but I'm sure this dogekoin has a good reputation so in the future it will also definitely have a fairly high selling value.

[poornamelessme]

hi friends now the current price of doge coin is very low and i want to invest in doge coin. So please i need your suggestion that i need to invest my money in this coin or not? And now the price of 1 doge is 31 sat please give me suggestion.

if you drop your money in dogecoin when you created this thread, i think few days ago you already got a huge profit my friend
by the way, in my opinion this dogecoin was an old coin with huge support from their believer also this coin already proof it, if doge was a solid coin, because doge can survive in all market conditions
thats why i think this coin is good enough for investment,,
but remember, do not drop all your money in doge

Thing is, if the OP is interested in an 'investment', then BTC or maybe ETH would be the better option for a long-term hold. Buy it and forget about it (at least for several months, which in crypto terms is like ages).

If for trading, Doge is fine though -- which means sell on the highs, buy back on the lows. If he bought it when he started the thread and held until now, I think the value of his coins would be basically exactly the same as when he bought them. Doge is profitable when folks keep an eye on it and sell/buy when it does its quick price jump thing.

But the problem now, besides the overall alt environment which isn't so great, is that Doge holders are very aware of how to the coin may jump up 1-2 times a year, but also falls back. I'm sure you have noticed that the ranges have gotten smaller ... instead of giant gains, they are more modest. Still potentially profitable, but not something to expect to get rich with.

[Bitcoin Seller]

do not think of investing into doge coin and earning fast profit from doge coins. the price of dogecoin is very low, and the increase in dogecon has never been monitored significantly on some exchanges. so I think you have to think more carefully if you want to invest in dogecoin.

Price does not matter much here. Dogecoin can become one of the best gainers soon. This is the cryptocurrency, which is not going to lose popularity, and it seems that DOGE is not going to vanish. So we can earn on it with time - Ninace show us that this coin is trusty!

[KlepZ]

hi friends now the current price of doge coin is very low and i want to invest in doge coin. So please i need your suggestion that i need to invest my money in this coin or not? And now the price of 1 doge is 31 sat please give me suggestion.

Looking at the Dogecoin chart, it’s been having a pretty cyclic price action pattern versus Bitcoin. In the past 5 years, the DOGE/BTC pair has generally been bouncing up and down between the support level shown in purple, and the resistance level shown in green. With that, medium-term traders with moderate risk tolerance could consider creating a strategy around this pattern, for example buying at support and taking profit at resistance or vice versa. Of course, any type of investing involves risk and you should only invest the money you can afford to lose in the crypto market.

[Maslate]

What I know is that it's a legit coin so any legit coin has a chance to grow.
Doge coin is not a bad investment but all depends on how investors see it, if one is interested with this coin, they need to make some research and do the right action. With a big number of altcoins in the market, I would consider this to be part of my portfolio but maybe risking only a certain percentage on this as there's more coins that I think could give better return than doge.

[tins]

doge coin may not be a big investment, but now dogecoin is popular and dogecoin has a lot of fans but dogecoin doesn't have a significant and stable price at the top. still in the bottom position

Dogecoin is an altcoin created for a gift (its founder said so). Maybe it lives now because it has at least one strong pump every year. Its future is pretty good since Binance listed it

[ginobitcoiner]

I do not make DogeCoin an investment, now I am used to using DogeCoin as a pair to send assets that I have to a local exchanger which I will exchange with my country's currency, because using Dogecoin transaction fees are relatively cheaper than ethereum or Bitcoin shipments.

[iyah adrian]

Dogecoin is one of my investment, and it's work best for me. I know that investing in Dogecoin will need a long time to get the profit, but I don't mind to waiting for that time because once Dogecoin increase, the price can increase for 3 times or more. But I don't know with the other because we have different coins for the investment.

Investing in dogecoin does indeed require a lot of time if you want to make a profit. And Dogecoin also if you experience a decrease is also not so drasitis. Therefore investing in dogecoin is one of the best investments.

[btcmegastar]

I invested in dogecoin since 2 years ago, until now I still hold it in my wallet, we all know that a few days ago Binance added dogecoin on their exchange site, I believe my future investment will get a big profit, the volume of trading in dogecoin will be high also to attract new investors and dogecoin traders in Binance, but all those decisions come back to you

Every one expecting very good about the Dogecoin because, after Binance announcement, people who filled their bags are already waiting for their turns in order to make huge profits with the Dogecoin. Yes, once the trading volume starts increasing the price of Dogecoin will surely increase in the market.

[kennen1113]

I do not make DogeCoin an investment, now I am used to using DogeCoin as a pair to send assets that I have to a local exchanger which I will exchange with my country's currency, because using Dogecoin transaction fees are relatively cheaper than ethereum or Bitcoin shipments.

Indeed, dogecoin transaction fees are too cheap and this is probably the point that people like about dogecoin, and except for this point, perhaps dogecoin does not have too much usefulness to become an investment place, even though we have seen its boom but it is only occasionally, and if we invest in it, we can only earn profits occasionally. While for other altcoin, the opportunity to make money is always frequent, and for this reason, we are probably too clear to consider dogecoin as good or bad for investment.

[m.rifki]

Every one expecting very good about the Dogecoin because, after Binance announcement, people who filled their bags are already waiting for their turns in order to make huge profits with the Dogecoin. Yes, once the trading volume starts increasing the price of Dogecoin will surely increase in the market.

it is a simple thought to see dogecoin rise. one feature of doge that makes me have it only at very cheap transfer costs. I often use it for inter-exchange transactions, with lower costs than other assets, it is my consideration. for my own investment, I don't really know the prospect.

[tebzzz]

Dogecoin is perfectly good choice for investment, the team keeps on developing and there is continued updates. Recently it too got listed to Binance which makes gets more value for the same. As the value of each dogecoin is low, it will be preferred by every cryptocurrency users as it is affordable unlike other high priced altcoins.

I have never seen dogecoin a good asset. so much inventory, prices that are too cheap make me not very interested in this coin. but my friend likes dogecoin for crypto gambling sites that accept doge.

[cryptonx]

Dogecoin is perfectly good choice for investment, the team keeps on developing and there is continued updates. Recently it too got listed to Binance which makes gets more value for the same. As the value of each dogecoin is low, it will be preferred by every cryptocurrency users as it is affordable unlike other high priced altcoins.

I have never seen dogecoin a good asset. so much inventory, prices that are too cheap make me not very interested in this coin. but my friend likes dogecoin for crypto gambling sites that accept doge.

cheap price is an opprtunity to get a huge profit mate
and i see dogecoin always follow the bitcoin price, not only in usd terms but in btc terms too
maybe investing on dogecoin is good enough to get a reasonable profit in our trading activity 

[RockDJ]

hi friends now the current price of doge coin is very low and i want to invest in doge coin. So please i need your suggestion that i need to invest my money in this coin or not? And now the price of 1 doge is 31 sat please give me suggestion.

Doge has a huge community, which might even bn the biggest in cryptocurrency industry and its not one of the shitcoin that can make you loose more than 30 percent of your investment at a go. Investments in doge on the long run will be more preferable in my opinion because the short term profits many not be too significant depending on each traders target

[DmitFomin]

hi friends now the current price of doge coin is very low and i want to invest in doge coin. So please i need your suggestion that i need to invest my money in this coin or not? And now the price of 1 doge is 31 sat please give me suggestion.

Doge has a huge community, which might even bn the biggest in cryptocurrency industry and its not one of the shitcoin that can make you loose more than 30 percent of your investment at a go. Investments in doge on the long run will be more preferable in my opinion because the short term profits many not be too significant depending on each traders target

I do not know why people invest in a Doge coin, because it does not have growth potential and is only a speculative coin. Although I agree that it has a huge community and widespread. But the rise in the price of the Doge may be unexpected and is supported by some positive news, so I think that you can buy the Doge only for speculative purposes.

[futureofeth]

Dogecoin is perfectly good choice for investment, the team keeps on developing and there is continued updates. Recently it too got listed to Binance which makes gets more value for the same. As the value of each dogecoin is low, it will be preferred by every cryptocurrency users as it is affordable unlike other high priced altcoins.

I have never seen dogecoin a good asset. so much inventory, prices that are too cheap make me not very interested in this coin. but my friend likes dogecoin for crypto gambling sites that accept doge.

cheap price is an opprtunity to get a huge profit mate
and i see dogecoin always follow the bitcoin price, not only in usd terms but in btc terms too
maybe investing on dogecoin is good enough to get a reasonable profit in our trading activity 

I hope in the short term we won't get much profit through this investment because the Dogecoin price will increase based on the Bitcoin, once the price of Bitcoin is increasing automatically the price of Doge will increase but we need to wait patiently until the market starts recovering.