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Author Topic: Doge coin is good or bad for investment ?  (Read 8004 times)
izanagi narukami
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July 17, 2019, 12:52:46 PM
 #181

I knew doge over 5 years and for me , it's a long of time for some token that still exist until now.
We all know, the value too small because of it's supply but it's good for long term investment.

So it's not recommend for short term !

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July 17, 2019, 05:20:49 PM
 #182

dogecoin is suitable for investing if when you see dogecoin below then you immediately take it because this altcoin is quite stable in price, dogecoin is also more suitable for transacting because of the low cost is very recommended for those who want to send small amounts
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July 17, 2019, 05:25:49 PM
 #183

dogecoin is suitable for investing if when you see dogecoin below then you immediately take it because this altcoin is quite stable in price, dogecoin is also more suitable for transacting because of the low cost is very recommended for those who want to send small amounts
yes, the movement of the doge is also unpredictable, you could say it has a slow growing movement. this will be suitable for storing temporary assets. For daily trading, I don't recommend it. will be very difficult to find profit from trading doge.
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July 19, 2019, 08:02:33 PM
 #184

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.


Dogecoin has become the favorite type of altcoin for investors in its heyday at that time, even now Dogecoin is still there because there are still many in demand by investors or gambling sites that use this type of coin. Dogecoin is an alternative type of coin that is widely used for gambling or for conducting transactions because the costs incurred are quite cheap when compared to other altcoins. I think Dogecoin is still a potential type of coin and still has a huge opportunity to increase its value

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The Sceptical Chymist
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July 19, 2019, 08:09:39 PM
 #185

I've seen that Dogecoin pumped up to 80 sats
I think in 2017 I saw it jump above 100 sats--I haven't checked the price chart for doge, so I can't be sure.  One thing I'm fairly sure of is that it's a really bad investment for the long term and probably isn't a good investment at all. 

The thing with doge is that there's basically going to be an unlimited supply of coins, and the demand has never been all that high.  You put those two things together, and you get a coin that's going to be selling for a really low price all the time.  And this is exactly what doge's history is.  Maybe if it was a PoS coin I'd be more interested in it, but I don't own any and don't plan to.

I used to really like doge, but my enthusiasm has waned over the past couple of years.  There's a good community behind it, but there's just way too much supply.

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July 28, 2019, 10:22:31 PM
 #186

Personally, i never invested in Dogecoin. So, I would suggest you have a look at Bitcoin, Ethereum or Binance Coin, Chainlink coins! They are a better investment than Dogecoin.

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July 28, 2019, 11:19:22 PM
 #187

How badly it keeps sinking rather than to move high. It is good that I sell my DOGE last year and have some profits at that time, cause if I still holding it until now, I can't imagine how much I've got but just a big loss for me.
Now, if we are looking for investment...then better to those coins that belong into the top 20 in the market... there you could get assurance. 
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July 28, 2019, 11:23:22 PM
 #188

Personally, i never invested in Dogecoin. So, I would suggest you have a look at Bitcoin, Ethereum or Binance Coin, Chainlink coins! They are a better investment than Dogecoin.
If you never invested on dogecoin how the hell you can say if those coin are better than dogecoin? On what reason you are saying that? Because "bitcoin will pump soon" or "Eth will follow bitcoin price" or "binance, because they are the biggest exchange site", which one you reffering?
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July 28, 2019, 11:34:58 PM
 #189

Personally, i never invested in Dogecoin. So, I would suggest you have a look at Bitcoin, Ethereum or Binance Coin, Chainlink coins! They are a better investment than Dogecoin.
If you never invested on dogecoin how the hell you can say if those coin are better than dogecoin? On what reason you are saying that? Because "bitcoin will pump soon" or "Eth will follow bitcoin price" or "binance, because they are the biggest exchange site", which one you reffering?
People are bias, the fact that they don't invest in a certain coin, that means they don't believe on it and they invest in a coin that they believe is better.
It's not gambling that you have to experience it first before you can say anything, in the market, there are coins that we should avoid but only based on our own judgment.

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July 29, 2019, 03:01:40 AM
 #190

Dogecoin has an infinite supply so its price will still be low and will not move if you don't know. I don't see dogecoin as a good investment and a good coin to hold for mid to long term. Dogecoin is only good if you are transferring funds because of its fast transaction speed and low transaction fees and aside from that benefits, I don't see any good benefits of DOGE anymore.

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July 29, 2019, 03:05:15 AM
 #191

People are bias, the fact that they don't invest in a certain coin, that means they don't believe on it and they invest in a coin that they believe is better.
It's not gambling that you have to experience it first before you can say anything, in the market, there are coins that we should avoid but only based on our own judgment.
Still, they shouldn't tell or saying if that coin isn't worth to invest because they aren't interested. I mean, on what basis they are saying if dogecoin isn't worthy? That coin has been on crypto since 201 until now.

I don't see dogecoin as a good investment and a good coin to hold for mid to long term.
Dogecoin has reached more than 100 sats many times before, how can that shoulnd't be a good investment?
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July 29, 2019, 03:30:53 AM
 #192

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.



In fairness to Dogecoin, it really has an actual utility. Dogecoin is perhaps the best coin for tipping. In gambling sites, Dogecoin is also widely used. And even if Dogecoin has been an old coin, it remains at the top. Currently, it is within the top 30 on the list. That is an achievement that means the coin is solid and is being back-up up by a contented community. I guess Dogecoin is worth investing but not with a huge amount.
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July 29, 2019, 07:05:27 AM
 #193

I don't see doge as a good asset and has good potential for investment. to trade is also not good because the growth looks slow. it's better to play gambling, maybe more profitable  Grin

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July 29, 2019, 08:31:54 AM
 #194

There is no point of discussing negative about the dogecoin because dogecoin is created for freedom of people who can gamble with the dogecoin. There are many holders for dogecoin and there are many people buying this coin for the long term. But most gamblers will hold this coin for the ng term.
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July 29, 2019, 08:36:47 AM
 #195

if I think dogecoin is also a good coin and also a reliable coin, because recently the price of dogecoin has also given a good profit, and now dogecoin has also been listed on the Binance market, so I believe dogecoin is also a good coin in the future front.
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July 29, 2019, 10:47:59 AM
 #196

Dogecoin is not a coin to invest, dogecoin is created just for pleasure like gambling, the price of dogecoin will always be low, it will never be high because the total supply is very large

Say what you guys all want to say about dogecoin,,, but it has served me well over the years. I got all of my initial dogecoin because of friendly people who wanted to help me learn about crypto. They sent me a huge tip and I held on to most of it. Then later, I got some more and when dogecoin hit 100 satoshi I sold all of the ones I bought and made 3x. Guess what happened, Doge went down again I bought it again, and it went back to 100. It is down now so I am getting more. 100 satoshi is always going to be Dogecoin's aim.

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July 29, 2019, 11:02:58 AM
 #197

For now it seems like investing in dogecoin is not the right time because the movement is slow and the possibility is still going to fall again from the current price, try to look at other altcoins that have more potential to rise in the coming months.

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July 29, 2019, 11:43:12 AM
 #198

Dogecoin is not a coin to invest, dogecoin is created just for pleasure like gambling, the price of dogecoin will always be low, it will never be high because the total supply is very large

Say what you guys all want to say about dogecoin,,, but it has served me well over the years. I got all of my initial dogecoin because of friendly people who wanted to help me learn about crypto. They sent me a huge tip and I held on to most of it. Then later, I got some more and when dogecoin hit 100 satoshi I sold all of the ones I bought and made 3x. Guess what happened, Doge went down again I bought it again, and it went back to 100. It is down now so I am getting more. 100 satoshi is always going to be Dogecoin's aim.

Just because it happened before doesn't mean it will happen again.  There is a very real chance that dogecoin will never return to 100 satoshis, many altcoins will die out.  I'm not an investor in doge because it is still considered a joke and there is no future development on it.
hisuka
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July 29, 2019, 12:01:57 PM
 #199

For now it seems like investing in dogecoin is not the right time because the movement is slow and the possibility is still going to fall again from the current price, try to look at other altcoins that have more potential to rise in the coming months.
Dogecoin is taking time to increase much better to invest in other coins which offer a profit. True, it’s movement in the market is not good if expecting a profit it takes time. Invest on those coin that has a good project.
magicrypto
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July 31, 2019, 06:51:28 AM
 #200

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.


Obviously it is a mature coin which was formed long time ago, dont think that you can earn a lot of money on DOGE, it is a huge cap coin, so no multiple growth will be. It is a good coin for comfortable sitting in it, i mean that volatility is not too big.
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