Is worth to invest in dogecoin?

[crossabdd]

Yup, I believe that. proven that the price of dogecoin does not really affect the rise and fall of the crypto king (Bitcoin). doge prices that tend to be calm can be surprising, it's just that the surprise is not a dump. doge made pump shocks a few times. I also really like dogecoin. on the other hand, dogecoin is very much used for transactions because of the speed of delivery and a small fee. maybe that's some reason for dogecoin loved by many people. I personally have several thousand dogecoin.

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[Zeke_23]

Well!! Did you know? Dogecoin has gained a lot of popularity in the crypto space, as a lot of experts like Elon musk, vitalik, and john McAfee have shown love and support for dogecoin.

On the other hand, experts predict that dogecoin price will rise high in the upcoming years.

What's your take on dogecoin?

I think dogecoin has already showing a lot of potentials, and because its an old coin already i believe that it has already a fundamental effect of its users, holders and supporters, Doge was showing resiliency during the last bearish period that's why i believe that in the coming years Dogecoin will be exalted like those of the so called crypto royalties. that's why don't its worth to invest. 

Potential like what? An increase in its price?
Well, for me, I don't see any improvement to doge, the only thing I can see is it is stable for being low. I tried to hold doge before for a couple of months and I don't see any improvements in its price. Even becoming one of the oldest coins, more other altcoins surpassed doge, it's just a meme coin.

[Kersh768]

Well!! Did you know? Dogecoin has gained a lot of popularity in the crypto space, as a lot of experts like Elon musk, vitalik, and john McAfee have shown love and support for dogecoin.

On the other hand, experts predict that dogecoin price will rise high in the upcoming years.

What's your take on dogecoin?

I have been seeing many topics about dogecoin these past few days, which might be giving hype into it. Dogecoin is indeed a good coin to invest but overall altcoins, I would sugges other alts in the market in which I think would be more worthy to invest such as  ETH, XRP and the likes. But be mindful of how risky it is to invest at this moment that the market is still starting to rise and there's no assurance yet on which one would be more profitable to invest if ever there will be a recovery before this year end.

[takngantuk]

actually feasible, but to get profit from doge takes a long time. I myself have several doge in my portfolio, but I don't focus too much on this coin because the price is cheap and stable. but if you want to make it an investment, doge is worth a try. You will know the potential of the doge when you become a part of the holder.

[alan2here]

Well!! Did you know? Dogecoin has gained a lot of popularity in the crypto space, as a lot of experts like Elon musk, vitalik, and john McAfee have shown love and support for dogecoin.

On the other hand, experts predict that dogecoin price will rise high in the upcoming years.

What's your take on dogecoin?

I have been seeing many topics about dogecoin these past few days, which might be giving hype into it. Dogecoin is indeed a good coin to invest but overall altcoins, I would sugges other alts in the market in which I think would be more worthy to invest such as  ETH, XRP and the likes. But be mindful of how risky it is to invest at this moment that the market is still starting to rise and there's no assurance yet on which one would be more profitable to invest if ever there will be a recovery before this year end.

In my opinion, Dogecoin is just another normal altcoin and the value of this coin depends a lot on this market so if you have decided to invest in Doge, don't hold for a long time. I am not interested in this coin because Doge does not have any investment benefits and can put you at great risk if the coin drops suddenly. Personally, I will only spend 3% of my total assets investing in this coin and will seek to make a profit as Doge is very easy to raise prices at the end of the year.

Of course, I can lose and affect my profit because if you have accepted investment in Doge, only luck will help you earn good money.

[Amel]

I have been seeing many topics about dogecoin these past few days, which might be giving hype into it. Dogecoin is indeed a good coin to invest but overall altcoins, I would sugges other alts in the market in which I think would be more worthy to invest such as  ETH, XRP and the likes. But be mindful of how risky it is to invest at this moment that the market is still starting to rise and there's no assurance yet on which one would be more profitable to invest if ever there will be a recovery before this year end.

In my opinion, Dogecoin is just another normal altcoin and the value of this coin depends a lot on this market so if you have decided to invest in Doge, don't hold for a long time. I am not interested in this coin because Doge does not have any investment benefits and can put you at great risk if the coin drops suddenly. Personally, I will only spend 3% of my total assets investing in this coin and will seek to make a profit as Doge is very easy to raise prices at the end of the year.

Of course, I can lose and affect my profit because if you have accepted investment in Doge, only luck will help you earn good money.

Agree with you, that dogecoin is a normal coin like other coins. Looks like @OP just wants to bring a boost about dogecoin because a few days ago the dogecoin chart was pretty good after Cross MA50 & 100. In my opinion, if you really have to invest in a coin then I prefer bitcoin over dogecoin, because it's useless if the dogecoin chart is good but the bitcoin chart is bad.

[JC btc]

In my opinion, Dogecoin is just another normal altcoin and the value of this coin depends a lot on this market so if you have decided to invest in Doge, don't hold for a long time. I am not interested in this coin because Doge does not have any investment benefits and can put you at great risk if the coin drops suddenly. Personally, I will only spend 3% of my total assets investing in this coin and will seek to make a profit as Doge is very easy to raise prices at the end of the year.

Of course, I can lose and affect my profit because if you have accepted investment in Doge, only luck will help you earn good money.

I am not a fan of Dogecoin too, although this one is what I am eyeing way back 2 years ago, I did hold millions of it thinking and hoping it will be at least $0.5-$1  but ended up realizing that it won't happen, but still Doge is one of the legit altcoins that still standing and still working to be part of top coins too, so no wonder, a lot of people are holding it.

[TastyChillySauce00]

Well!! Did you know? Dogecoin has gained a lot of popularity in the crypto space, as a lot of experts like Elon musk, vitalik, and john McAfee have shown love and support for dogecoin.

On the other hand, experts predict that dogecoin price will rise high in the upcoming years.

What's your take on dogecoin?

I think dogecoin has already showing a lot of potentials, and because its an old coin already i believe that it has already a fundamental effect of its users, holders and supporters, Doge was showing resiliency during the last bearish period that's why i believe that in the coming years Dogecoin will be exalted like those of the so called crypto royalties. that's why its worthy to invest.  

Can you tell me what potentials that already showed by dogecoin except for pump and dump combined with enough liquidity in the market that makes doge as a perfect pnd coin?
What fundamental effect that already affected the doge's user? Isn't it better to call the supporters are loyal to the doge coin rather than use fundamental as a word to determine that?

[kodtycoon]

actually feasible, but to get profit from doge takes a long time. I myself have several doge in my portfolio, but I don't focus too much on this coin because the price is cheap and stable. but if you want to make it an investment, doge is worth a try. You will know the potential of the doge when you become a part of the holder.

well, even though doge prices are in the low and stable category, but this coin is very worth holding, especially if you really want to try for long term investment. it is not wrong to invest in dogecoin because after all this coin has good potential as well, dogecoin enthusiasts are very large in some industries such as the crypto gambling industry and other industries because there are many advantages that dogecoin has such as low costs etc.

[aomakun]

actually feasible, but to get profit from doge takes a long time. I myself have several doge in my portfolio, but I don't focus too much on this coin because the price is cheap and stable. but if you want to make it an investment, doge is worth a try. You will know the potential of the doge when you become a part of the holder.

well, even though doge prices are in the low and stable category, but this coin is very worth holding, especially if you really want to try for long term investment. it is not wrong to invest in dogecoin because after all this coin has good potential as well, dogecoin enthusiasts are very large in some industries such as the crypto gambling industry and other industries because there are many advantages that dogecoin has such as low costs etc.

nowadays there are many who use them, so I also think they are suitable for investment, plus the price that sometimes makes a surprise in the market. for long-term investment in my opinion is suitable the most important thing you have to be patient because the price movement of the doge is quite time consuming

[logicgate]

I have been seeing many topics about dogecoin these past few days, which might be giving hype into it. Dogecoin is indeed a good coin to invest but overall altcoins, I would sugges other alts in the market in which I think would be more worthy to invest such as  ETH, XRP and the likes. But be mindful of how risky it is to invest at this moment that the market is still starting to rise and there's no assurance yet on which one would be more profitable to invest if ever there will be a recovery before this year end.

In my opinion, Dogecoin is just another normal altcoin and the value of this coin depends a lot on this market so if you have decided to invest in Doge, don't hold for a long time. I am not interested in this coin because Doge does not have any investment benefits and can put you at great risk if the coin drops suddenly. Personally, I will only spend 3% of my total assets investing in this coin and will seek to make a profit as Doge is very easy to raise prices at the end of the year.

Of course, I can lose and affect my profit because if you have accepted investment in Doge, only luck will help you earn good money.

Agree with you, that dogecoin is a normal coin like other coins. Looks like @OP just wants to bring a boost about dogecoin because a few days ago the dogecoin chart was pretty good after Cross MA50 & 100. In my opinion, if you really have to invest in a coin then I prefer bitcoin over dogecoin, because it's useless if the dogecoin chart is good but the bitcoin chart is bad.

Dogecoin should not be the first priority for sure but the coin holds some potential in producing profits. I like the percentage at which its changes its value. It holds good volatility providing an opportunity to make nice profits. Still it lacks a lot. The best is to invest in bitcoin or at least hold some of it in case of diversification. I would recommend going with litecoin and xrp because ethereum is a way too slow.

[jabatani]

Well!! Did you know? Dogecoin has gained a lot of popularity in the crypto space, as a lot of experts like Elon musk, vitalik, and john McAfee have shown love and support for dogecoin.

On the other hand, experts predict that dogecoin price will rise high in the upcoming years.

What's your take on dogecoin?

I have always known Dogecoin to be way undervalued. However, as undervalued as it seem to be, it still got some potentials. Won't be bad risking some few bucks investing in it

[Hypnosis00]

With that help of Binance might able to uplift Doge's capability but not actually it brings to somewhere on the top again. This coin never loses its potentiality but it can't be easy to take huge recovery this year, maybe next year.
If we are planning to invest Dogecoin right now, you must have to be patient cause its price isn't really good to look at by now and not really profitable at this point. It could be full of hope that next year the market will turn good by then.

[ahyadinnn]

nowadays there are many who use them, so I also think they are suitable for investment, plus the price that sometimes makes a surprise in the market. for long-term investment in my opinion is suitable the most important thing you have to be patient because the price movement of the doge is quite time consuming

I am also one of the users of dogecoin, but I think if, for long-term investment, doge is not suitable because the increase is not high enough. However, we cannot predict because the movement is quite long, and people use dogecoin only for withdrawal purposes because the cost of dogecoin is low.

[Murat]

   
Yeah, Dogecoin is a popular platform in recent time but you have to consider some factors before joining any project, Such as, You have to look forward to the demand and supply of this coin, If your supply is huge then the demand of this coin must be hampered, and the supply is low then the demand would be desirable, so demand and supply should be considered, I think the price of any coin is measured by supply and demand, you can take a risk for short term investment, Since the price is increasing so you may but some coins whatever you can and focus on the price chart very actively and sell those when your desired price has come. I think you might get a good result from this project.

[boris1044]

Well!! Did you know? Dogecoin has gained a lot of popularity in the crypto space, as a lot of experts like Elon musk, vitalik, and john McAfee have shown love and support for dogecoin.

On the other hand, experts predict that dogecoin price will rise high in the upcoming years.

What's your take on dogecoin?

Generally speaking, all investments change value due to an imbalance (real or imagined) between supply and demand.

In this case:

There is no limit to how many ‘Dogecoins’ can be produced;
The production time is very short;
More than 100 Billion are currency in circulation;
There is currently no real commercial application.

Its difficult for me to see any reason why the price would rise under such circumstances.

[Pearls Before Swine]

Dogecoin has always been popular, even tho many people think of it as just a joke coin.  It's supporters are a pretty tight knit community, which counts for a lot in crypto.

But as an investment?  I don't think so.  There's no limit to the number of coins being created, although they'll tell you that inflation decreases over time, which is true.  So in my opinion there's too much supply, and that's only going to get worse as time goes on, and that isn't a good thing for any coin's price. 

Doge is a great gambling coin and a lot of gamblers use it for that, which is more than can be said for many other coins.  As long as its price stays around 25 sats or so, I'm sure doge holders will be happy with that.  I don't expect a major increase in the short or long term, tho.

[irixo10]

I think this is one of the good coins out there, my reason is the fact the coin has lasted more than those created before and after it, that is to say there is something within the coin which keep sustaining it. I think one of the reasons why most people shy away from it is its supply, apart from that I see no other issue wrong with the coin. Also, investing in any coin comes with choice, that is, what is driving you to the coin etc. So study the coin from your own angle and know if is worth it. For me, I would invest and keep it for long term.

[kawetsriyanto]

The prediction will be always prediction.
Many people say that certain coins will raise highly in some years later, let's see the fact in the future.
die from this statement, I believe also that Dogecoin is a worthy coin to have, for trading or even holding. Even they have a small price, we all know that this coin has a high trading volume.
It also offers the different concept of the cryptocurrency that makes many token holders interested to buy this coin.

[xiboothrezi]

The dogecoin opportunity is quite good, its function which is often used in trading strategies makes it functional.  So that for the long term it is quite promising, but for those who want spontaneous benefits will be quite difficult.  Technically, Doge is supported by a team of professionals and continues to develop its products, forming unique niches with a strong support community.  It's just that the unspecified max supply is one of the weaknesses of the doge to develop prices.