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Author Topic: DOGE to BTC  (Read 3218 times)
freedomgo
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September 12, 2019, 10:57:11 AM
 #21

Make sure you analyze it carefully before making a decision, you don't have to worry about holding DOGE because they have a great trading volume, liquidity is not a problem.

Based on the graph - https://coinmarketcap.com/currencies/dogecoin/
Doge ATH was 0.0173 usd and now its price is only 0.0023 usd, which means it's only holding 13% of its ATH value.

On the other hand, let's analyze BTC, let's say its ATH was $20,000 and now the price is $10,000, which means its holding 50% of its ATH value.

Therefore, it's not wise to sell because you will lose money with what happen to DOGE and you need to see BTC to grow more than 7 times for you to break even if you bought your DOGE at its peak. I hope you'll understand my analysis, bottom line, don't sell.

And other than fundamental analysis, Dogecoin has more transactions compared to the other top 10 cryptocurrencies. Because of its transaction speed and its fees, it allows us to send more than what we can do if we are using Bitcoin, ETH, and others.
holding it is the right choice, for now, If I were you I would not sell it unless I am in need of money urgently.

He is not in need, he is just thinking of transferring his investment to BTC, which he already made a final decision to hold his DOGE.
Yeah, you are probably wright. Thanks for the advice, I'll wait.

I'm happy that OP didn't panic and still trust the altcoins he bought even some people think that dogecoin is a shitcoin but this shit coin is still here gaining the trust of investors as we can see on its good trading volume.

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September 12, 2019, 11:20:26 AM
 #22



As expressed by other response on this thread of yours, this may not be the best time to sell DOGE as the price is really low but then again we don't know if and when it can be making a comeback so the decision is all up to you. In case you really have big doubts then I am suggesting that you wait until next year as there might be some possibility of recovery for DOGE. I also have a little hoard of DOGE and I already decided to forget them until 2020 and whether the value can go higher or even by then I would let them go.
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September 12, 2019, 11:20:44 AM
 #23

Hello people,

I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months? Thanks

Angell

It is now or later, sell your stash now. The first Doge I bought was around 500sat but has lost most of its BTC value since, if the project BTC bull comes and reach the height of $50k and above then expect many of these ALtcoins to dump to nothing, why would I want to hold ALtcoins when Bitcoin is raging


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September 12, 2019, 11:36:52 AM
 #24

Hello people,

I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months? Thanks

Angell
Personally, If I'm in your shoes, I will move everything on bitcoin months ago. It's obvious that most altcoin investors are shifting to bitcoin to make money because the altcoin market is bleeding. The question is how much DOGE to currently have?

I know that DOGE is not a shitcoin, however, if you are thinking of creating money in this market then it's better to shift them to bitcoin. This is just my opinion though, the final decision rest in your hands.
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September 12, 2019, 11:37:24 AM
 #25

Hello people,

I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months? Thanks

Angell

Doge coin still have the potential to increase in the future, so my suggestion is that you sell only a part of your DOGE holdings and exchange them to BTC, if you need Bitcoin fast. Otherwise, keep holding your Doge coins, if you don't make a profit you won't lose anyway.
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September 12, 2019, 04:27:42 PM
 #26

Hello people,

I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months? Thanks

Angell

its hard to predict an altcoin to bitcoin, including doge my friend
because, in my opinion a lot of people focused on bitcoin now, as you can see now bitcoin dominance about 70% at market capitalizations right ?
i thinkm maybe its better for you to exchange a half from your doge to bitcoin and keep it a half buddy

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September 12, 2019, 04:30:22 PM
 #27

Hello people,

I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months? Thanks

Angell

You could sell now into Bitcoin and then wait for altcoins to start recovering, maybe the last of quarter of 2019. And then buy back your DOGE. Or could just wait fo altcoin season to come back.

The worst thing you can do is sell now into fiat.

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September 12, 2019, 04:37:12 PM
 #28

Hello people,

I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months? Thanks

Angell
No one can tell on what would be the future price of Doge even with Bitcoin it do have the same questions on mind.The difference is that
BTC is way more being supported.We dont know on what future lies ahead with DOGE.If you do want to convert to Btc then its your choice
since its your dogecoin after all just make it sure that you wont regret.If you do look if Doge is worth to hold then its your choice.

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September 12, 2019, 04:55:31 PM
 #29

I do not think this market is good to sell altcoins if you bought them long ago. It's time to buy alts instead. The alt market is bleeding.

Yeah, because DOGE had a good price a few months ago but now it is going down. And BTC is rising so I am not sure.
You did not mentioned if when did you accumulate your Dogecoin so we can think if it’s valuable to sell now or wait another time,because your option is also good converting to bitcoin since BTC has coming an Halving and many speculate that this will pump the value

But if you are a gambler,I guess better to use Doge in betting compared to BtC lol









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September 12, 2019, 05:20:42 PM
 #30

Hello people,

I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months? Thanks

Angell

doge won't go up right now, you better sell it. holding a doge without using it is the wrong choice.

my suggestion is better to hold bitcoin or ethereum in the past few months. because if you look at the situation, only this coin has a chance to go up for the next few months.

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September 12, 2019, 11:21:37 PM
 #31

You already become a "Hero Member".

You should already know and have some experience trading with using FA/TA, You know right the best trading using your own speculation not from other people. It's already a basic rule investment/trading, anyway about DogeCoin. The coin price sometimes up just because Altcoin Season or some people try to make the price up without a good reason about the project, I never have seen the price moving up because of the news from the Dogecoin it's self.

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September 13, 2019, 09:34:17 AM
 #32

I would not sell my doge and i would wait for the bull season for altcoins. But who really know where is the bottom price? But it is your money. Do what you think is right for you.
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September 13, 2019, 02:22:43 PM
 #33

You already become a "Hero Member".

You should already know and have some experience trading with using FA/TA, You know right the best trading using your own speculation not from other people. It's already a basic rule investment/trading, anyway about DogeCoin. The coin price sometimes up just because Altcoin Season or some people try to make the price up without a good reason about the project, I never have seen the price moving up because of the news from the Dogecoin it's self.

You should know that doge is specific coin, surviving all this years on it`s own. There are spikes in doge price charts, for that to catch you need to be very patient.
Here FA/TA can`t work, first OP asking about long term holding, and second it`s doge. I think there is some future for doge, it will not rise in price exponentially, but it will rise I believe, just because they have really strong community.

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September 13, 2019, 02:55:32 PM
 #34

Hello people,

I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months? Thanks

Angell
If in the past when you bought DOGE at a cheap time, it would not wrong if you sell it now to BTC.
Because I think DOGE coins are not suitable for us to make as an long-term investment.
The most important is you've got something from DOGE.

In every decision we made, we have to think it many times and not just think of today but for the incoming. We know DOGE don't have a good price today, not even we saw it moving up but just it only sleeping dead. It is the best option to convert it into other coins, not just for Bitcoin alone, we look for other coins like ETH.

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September 13, 2019, 03:35:19 PM
 #35

Hello people,

I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months? Thanks

Angell
You can try to see the latest chart of doge and it is always getting dumped and what you can expect from a dead coin with no development combined with hyperinflation? Bitcoin always becomes the best choice to convert but it's very confusing to consider about doge can be pumped anytime and it much better to keep some in doge and you can put the rest into the bitcoin to make sure you have gotten the safe investment.


the my friend is up to you and here you should have at least the idea the if you want to hold it in a long term situation you should think that there are actually 50 50 chances while the market is sometimes unstable so, base you what was said the DOGE is getting dump so thinking that conversion to bitcoin is the best its 50 50 for me but for you making a research is better as well as asking it here but the past latest  comment about dodge.


HERE, a straight answer try and wait for btc look at the chart of bitcoin and dodge and compare  probbaly it is connectected t bitcoin and it could be not connected. 
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September 13, 2019, 03:37:15 PM
 #36

I think switch to BTC is a good choice because BTC price is more potential to rise if compared to DOGE. Switch to BTC is not a mistake and can say it's better choice to make profit.

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Police Indo
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September 13, 2019, 09:45:26 PM
 #37

Hello people,

I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months? Thanks

Angell
in my opinion there is no harm if you do it. considering Doge is getting worse. <30 satoshi. Huh

Distinctin
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September 13, 2019, 11:45:30 PM
 #38

I think switch to BTC is a good choice because BTC price is more potential to rise if compared to DOGE. Switch to BTC is not a mistake and can say it's better choice to make profit.
It's not a question if OP can hold longer, BTC is the most dominant coin in the market, hence, we can expect that altcoins like DOGE has to rely on the success of BTC before it will start to grow.

Between the 2 of them, BTC is more stronger and profitable, so people who are not afraid of taking a higher risk, would always choose to put their money to bitcoin, in OP's case, he needs to evaluate if selling his DOGE for BTC will not make him lose a lot since DOGE currently is already very cheap.

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rodel caling
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September 13, 2019, 11:57:08 PM
 #39

Hello people,

I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months? Thanks

Angell



Difficult and hard to give you an advise for this current situation, we know difficult to predict when bitcoin comes this year end is better to learn and study well and only you can decide to yourself. But if you really want to get my opinion I'll go to invest in bitcoin I believe it's possible to increase their price any moment.
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September 15, 2019, 07:29:04 PM
 #40

I have a lot of DOGE and I am thinking about changing it to BTC or should I wait. I mean does anyone have any predictions about the price. I do not want to make a mistake and sell everything and then be sorry in a few months?
I don’t even see any mistake here man, If you have so much money in  doge and the total money is still something to wrote home about, yes change it to bitcoin because I dint see altcoins doing well at all this year but I see bitcoin  having some greater increase before the end of the year, so it would be like you using one stone to kill two birds, invest in bitcoin, pull it out the profit when it is high and then buy the doge coin back if you still believe that they will still have some level of growth.

I could not say anything about Doge now because so many beautiful project that I have really vouched for in the past has been full of disappointment to me, and there is no altcoin that I really trust not to disappoint me right now until they prove otherwise.
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