Doge coin is good or bad for investment ?

[Aldrinx00]

For me i would buy it for long-term investment because doge coin doesn't have that wow factor and developers abandoned that project. Better to look at other coins/altcoins like bnb, this is good for long-term investment.

[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 want to throw some money at it, sure ... doge tends to do at least one pump every year or so, so I'd expect 2x at some point in the future. That said, past doesn't predict the future and I'm just some random guy in a forum, so I wouldn't suggest investing any serious amount based on anything anyone says here.

I mostly use doge like others have suggested, when moving coins from exchanges. It works well when cashing out junk coins for small amounts, where btc's fees would eat up too much of the money. So there is a use for it, but I'm not sure that warrants a large investment.

[DGulari]

I can't give you unnecessary suggest without good explain, dogecoin is the different currency. So if you want Investment in dogecoin then you have must more long time to makes profits. Even it will be better if you can choose another Popular currency, like BTC ETH USDT BNB coin.

USDT? You mean tether? It's not even an investment since you can't make any profit from that. The price always stable from day to day.

[oioi]

I've seen that Dogecoin pumped up to 80 sats so if you think that it will be back at that price, you should buy Dogecoin. But for me, Dogecoin is a good alternative if you are transferring money to other people.

And as an investment, it's still good but why you are looking only at it?

it's true that I even sold it on 82 sat, the coin doge has a good alternative because of the low
cost of shipping to a different address, especially from the market to other markets, the price of gas is very cheap.

[chichidori]

Some may not agree with me but you can always invest in different alts which are in top 10 on cmc if your going to invest in doge make sure not to spend a big chunk of money on it.

[TheClownSong]

Some may not agree with me but you can always invest in different alts which are in top 10 on cmc if your going to invest in doge make sure not to spend a big chunk of money on it.

I agree, if you want to invest in Doge, it's better not with all our capital. With prices below 40 sats, I think Doge coin will increase in price against Bitcoin because some time ago, the price of Doge coin reached more than 80 sats

[taufik0911]

I've seen that Dogecoin pumped up to 80 sats so if you think that it will be back at that price, you should buy Dogecoin. But for me, Dogecoin is a good alternative if you are transferring money to other people.

And as an investment, it's still good but why you are looking only at it?

I also use doge for an alternative to sending my cryptocurrency assets that are on different exchanges, because doge shipping costs are very cheap
but doge is one of the favorite coins by whales, because the benefits obtained by doge can be folded but you have to be patient to wait for the right moment

[trauchot]

I sometimes watch what is going on with Doge coin, but very rarely I see that investors pump Doge, so it’s very difficult to answer at this question, because Doge is most often used for other purposes, so you need to think very seriously about investing in Doge.

[Shatterlean22]

Dogecoin is a good example to all crypto fans that crypto is worth all the short you can give, risking it all I'm crypto pays better because most times you won't know how things will turn out in the end ,back in 2017 you can buy millions of dogecoin for few $$$ but many believe that dogecoin is nonsense coin because of the meme idea but look how far it has come today so if you ask me if investing in dogecoin is a good idea I'd say its worth a short atleast

[ivaf]

31 Satoshi - a good price. You can buy. Only for quite a long time you can wait for profits (up to six months or year).

[jossiel]

I've seen that Dogecoin pumped up to 80 sats so if you think that it will be back at that price, you should buy Dogecoin. But for me, Dogecoin is a good alternative if you are transferring money to other people.

And as an investment, it's still good but why you are looking only at it?

it's true that I even sold it on 82 sat, the coin doge has a good alternative because of the low
cost of shipping to a different address, especially from the market to other markets, the price of gas is very cheap.

Yes, though this coin has been a great meme coin to the community but many are still using it as an alternative when the fee for bitcoin transfers is too expensive to consider.

I don't have this on my portfolio anymore as I know the future for this coin wouldn't be that big. Although I know that it's still profitable if you are trying to diversifying your portfolio but if you will invest for long term, it's best to put it to bitcoin.

[norman472]

For me personally I don't have any Doge I think this is not a wise investment , you can choose in Coin Market Cap many profitable coins there .

[poornamelessme]

The way to look at doge to me is that it's more of a gamble than an actual investment. And if the coin does a pump, don't be afraid to sell. It's not really the sort of coin to look at as a long term investment, but fine if the OP wants to put a small amount into it.

The only real problem is figuring out the floor. Maybe 30s sats will be it... or it's 15-20 ....

[trickyriky]

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.

Why do you think that this is the only one token to pay attention to? It does not seem that Dogecoin is going to pump soon. Think about Cardano and TRON - in a year or less, they can be on the top and grow well.

[tuanytcc]

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.

What are you waiting for without buying it. Almost a year ago, its price gained to more 100 satoshi and now almost be its bottom. Don't underestimate it, it is almost the oldest coins and now it is still remained its position on coinmarketcap

[sana54210]

It's better to invest in altcoins, which are really very good now. Why risk to invest in dogecoin? What we just don't know about doge will increase or not. so it's better for proven altcoins that are good for us to invest.

It is not just Doge coin that we are uncertain of its increase, there are lots of coins too in the market that has been having daunted growth as a result of more competitors they have in the market. The crypto industry is too saturated with lots of meaningless projects that are making some coins become relevant and it seems the newer coins are really pushing some of these coins old aside.

The problem of these coins is not just limited to the bear market problem alone, but the major factor which I consider to be affecting them most is the fact that too many projects are marketing themselves to few investors at the same time, so it is not easy for any of them to completely win massive investors or user to themselves since there are so many alternatives for those investors and users to pick from.

[HudiBaba@06]

Speaking Of Doge It has been under the Hype of true potential Coin right under the market since its Launch. Almost Doge Doge coin has grasped much of its Investors right after it's release in the market because it was carrying true potential of rise in the Market with True statistics. When it comes to Investment Doge isn't a bad Alt to Invest into every coin has certain up's and Down's. So, It's up to us we think smartly and move on according to the market.

[mardaed]

I bet this coin is a good investment also since this coin is on top 50 in cmc. Soon when altcoin season this coin will boost like any other altcoins. Make sure you hold and buy enough bag on this.

[kynaz]

I bet this coin is a good investment also since this coin is on top 50 in cmc. Soon when altcoin season this coin will boost like any other altcoins. Make sure you hold and buy enough bag on this.

I only spend a small amount of money to invest in Dogecoin because this coin still has a lot of risks and high supply is the main reason why I don't trust this coin. I think Dogecoin should only invest when the market tends to rise and investing in this coin may cause you to lose a lot of assets if you choose the wrong time. I used to hold doge in 2017 and until now I am still holding and this coin value has decreased so I don't have much faith

[puremage111]

Bad IMO
It has bad investment reasons as criteria

It serves for the purpose of having fun with blockchain, although it can be sent/receive
But it doesn't have feature like smart contracts, great coins mechanism which ensure inflation/deflation
So, if you wanted to use it for fun purpose, go ahead

If you wanted to lets say make huge money on it, of course it can pump but not often