Doge coin is good or bad for investment ?

[tonyvo2017]

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's price will be difficult to pump high because the marketcap is big and they do not have many good business activities. They will definitely bring you profit but for a long time.
because Doge's scale of operation is quite small and therefore, it will also bring small profits for you.

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[jossiel]

i think doge coin is really good for investing in long time this coin not good for day trader maybe need for 5 month or 1 year for geting alot profit from this coin.

Dogecoin for transfers or investments are good choice. I have seen a lot of altcoins that are also looking good but they are not the same as dogecoin. A coin that's made fully for entertainment and fun but found out one of the most effective and cheapest coin for transfer.

28 satoshi's for now, I've seen it 91 sats so people who have sold at the top can start buying again at the dip. Like with your strategy, hold until the price reaches double or more next few months.

Dogecoin does pose the attribute you mentioned (the most effective, cheapest coin for transfer, fully entertainment etc) but it not good for long term investment base on its previous record till now. However, the concept behind the coin creation was for tipping readers or content creation online which is the reason why it so cheap to transfer.

https://coinmarketcap.com/currencies/dogecoin/
Read more about on the cap market

Guys know the genuine concept about coin before invest in it.

Yes it can't be good for long term investment but if you are having fun with the run and you have spare time and money to invest with it, why not? hehe.

Unexpected things also happens for this coin that's made solely for a different purpose. And whenever the pump comes and you have bought it during the times of the bottom, lucky you are to take profit with this meme coin.

[Taufik blackspade team]

Investing in Dogecoin is not a bad thing. If you aim to invest for quick profits, maybe dogecoin is not the right choice. If investing with slow or stable profits, Dogecoin is a good choice. So, Doge is not a bad altcoin in terms of investment, it's just that dogecoin has a price that can be said to be always stable.

yes you are right, doge is an asset that looks more stable and moves slowly. we can invest in the long run. but for me one difficulty for dogecoin is an asset that is very difficult to predict market prices and increases.

[Mehedi72]

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.

I saw a lots of trader, invest their fund in doge coin, so that they can make some profit. So I don't want to say that investment with doge coin is a bad idea but personally I don't like to recommend doge coin because of its unlimited supply. Furthermore slow groth in it's price issue. Probably it can be profitable altcoin if anyone hold it for long term

[Indamuck]

Doge will remain a shitcoin and this time it won't rebound in price.  It will eventually reach 1 satoshi and then continue to crash to sub satoshis level.  Serious crypto investors aren't buying doge, it is a total joke and if you hold this long term you are a fool.

[flyer88]

Doge will remain a shitcoin and this time it won't rebound in price.  It will eventually reach 1 satoshi and then continue to crash to sub satoshis level.  Serious crypto investors aren't buying doge, it is a total joke and if you hold this long term you are a fool.

Yeah I agree with you, Don't make Doge as your long-term investment asset, because I think it will only make you loss money. I think Doge is just suitable to be used as a coin transaction because we can get a low fee if using Dogecoin.

[numanoid]

Doge will remain a shitcoin and this time it won't rebound in price.  It will eventually reach 1 satoshi and then continue to crash to sub satoshis level.  Serious crypto investors aren't buying doge, it is a total joke and if you hold this long term you are a fool.

Say the guy who never buy dogecoin in their life and just saying something bad about a coin without any proof. So, this coin has been in crypto since 2013 until now and still at top 50 on CMC, and you called this shit token? Seems you are the fool one on here.

Yeah I agree with you, Don't make Doge as your long-term investment asset, because I think it will only make you loss money. I think Doge is just suitable to be used as a coin transaction because we can get a low fee if using Dogecoin.

If you think so, don't use dogecoin when you want to withdraw your money from sites

[Lampohtapek]

In my opinion, doge coins are not appropriate when invested, there are many other coins that have great potential for profit, the reason I did not choose doge coins is that the value is very low, and investors are not interested in these coins, besides that the growth is also very slow

[CLywaTeLb]

Doge will remain a shitcoin and this time it won't rebound in price.  It will eventually reach 1 satoshi and then continue to crash to sub satoshis level.  Serious crypto investors aren't buying doge, it is a total joke and if you hold this long term you are a fool.

You are too categorical. This market is 90% out of shit. However, some of this shit gets pumped up from time to time. This allows you to make money.
If you are clairvoyant and know for sure that the doge will no longer take off, then this coin is not suitable for investment. But the doge’s story shows that pumps are possible from time to time. And more often than in many other coins. Therefore, for many (non clairvoyant ) this is an opportunity.

[suryapro]

I personally do not really follow about the development of doge coins, but if I may suggest, it's better not to be too brave to invest in this coin. more better you invest in ethereum at this time, because price is down, who knows, tomorrow the price will rise, it will definitely give you a lot of benefits.

[Leah38]

Its OK to buy and hold a few doge coins. Its value pumps after few months of waiting so not really got to go all in coz your money will sleep.

[Whibu]

Doge coin for me is not a token for investment, we will lose a lot of time if we invest in this coin.  because the price of Doge coin has not been able to rise significantly from the first which can provide great benefits to the people who hold it.  However, Doge coin is very useful when we want to withdraw our assets, because the cost of dogecoin transactions is very cheap.

[nwosuchristabe2]

In my opinion, dogecoin is a very sluggish investment tool. The value barely increases substantially as most times we have only a 50% increase. It could take over a month to get a movement. Its best traded in bitcoin market as its almost valueless on usdt market.

[posi]

Dogecoin, Litecoin, XRP are the oldest coins in top 100, they have something what keep them alive, so I think that they will continue keeping positions in the top 100.

You're right when you said the coins have something which keeps them alive and among the top 100 on the capital market but that doesnt make them a good investment cause.
Dogecoin:- was own by a billionaire, it was coin created for tipping on online social media and the coin have nothing to give to the crypto community which is the reason why the coin is slow to rise.
Litecoin:- Problem started when the coin created announced he sold all his holding and this is enough to prove that the creator can do something fun which may destroy the coin in the future.
XRP:- Is just a centralized coin created by an ex-military who's also a billionaire and the coin have nothing to give to the crypto community but have the support of the institutions which also the reason it's slow to rise either.

[LogitechMouse]

Doge will remain a shitcoin and this time it won't rebound in price.  It will eventually reach 1 satoshi and then continue to crash to sub satoshis level.  Serious crypto investors aren't buying doge, it is a total joke and if you hold this long term you are a fool.

I agree with this. Even Doge has been existed for a long time already, with its infinite supply it will remain a shitcoin.
There are other better altcoins to hold why some choose to hold Doge . For me, doge is only good for transaction purposes because it has a fast tx speed and low fees

[Soberb]

Doge coin was introduced as a joke coin in the first place. However, the coin managed to collect support from many people and traders becoming a coin being at the center of all. I think investment in this coin is good step for the long term.

[Jackblack90909]

Doge isn't good for investment, in my view. It was created for several years with infinite supply, and its price was always low. I am using Doge for withdrawing my funds from the exchanges with high fees, because paying the fee with Doge is better than paying with BTC or ETH, since its price is cheap.

[Sendi blackspade team]

Doge isn't good for investment, in my view. It was created for several years with infinite supply, and its price was always low. I am using Doge for withdrawing my funds from the exchanges with high fees, because paying the fee with Doge is better than paying with BTC or ETH, since its price is cheap.

Dogecoin is not good for short-term investments. we can see the movement of the doge is slow, but not without pumping. if lucky dogecoin can pump several times, even when the market goes down in 2018 doge has experienced growth. this is different from other coins because when a market trend goes down, doge can provide benefits that most people don't notice.

[pamsugas]

Doge isn't good for investment, in my view. It was created for several years with infinite supply, and its price was always low. I am using Doge for withdrawing my funds from the exchanges with high fees, because paying the fee with Doge is better than paying with BTC or ETH, since its price is cheap.

btc doge pair from the previous year until now is around 20-80 sat, it's just that dogecoin has risen in USD pairs due to the increase in the price of bitcoin itself.

[TelolettOm]

Doge isn't good for investment, in my view. It was created for several years with infinite supply, and its price was always low. I am using Doge for withdrawing my funds from the exchanges with high fees, because paying the fee with Doge is better than paying with BTC or ETH, since its price is cheap.

When it is low prices we must also look at the supply of the doge and do an analysis first. some people also give opinion doge also does not hurt to invest. because the highest point also doge ever reached.