Will Dogecoin Be a Good Investment in 2020

[rmhuntley]

Dogecoin is one of the best altcoins for investment because here are 3 reasons why Dogecoin is a good investment:

1. Price is always stable

Dogecoin may not provide good luck overnight that some investors expect from this crypto, however it is a great opportunity to continually increase your wealth in the coming year as the price of Dogecoin is very stable though BTC Price dropped.

2. There is a strong team behind it

The Dogecoin development team was not driven by thrill, but they did an amazing job behind Dogecoin.

3. Have a strong community behind it

The Dogecoin community is probably one of the most friendly in crypto. It is indifferent to all disputes occurring between different cryptos. This is an added value to Dogecoin because it serves to attract new investors to the Dogecoin ecosystem.

If the price prediction for Dogecoin I'm sure will go up $0.05 to $0.1 in the future.

[princehandsome]

for me, Dogecoin is a favorite coin and in my opinion this coin is also a good investment in 2020, maybe there are still many coins in the market that are much better than Doge but it would not hurt if you make this coin as an investment in your portfolio. in terms of Dogecoin transactions are much more on cost-effective and I'm sure the price of Dogecoin can grow in the coming year.

[terizla]

I think this is good to buy dogecoin. I agree if buy with huge omount of doge coin( buy more than 10k dogecoin). So, you will feel the difference price when the dogecoin price is move. Invest and hold 100 or 200 dogecoin is not enough.

[tianglistrik]

I think this is good to buy dogecoin. I agree if buy with huge omount of doge coin( buy more than 10k dogecoin). So, you will feel the difference price when the dogecoin price is move. Invest and hold 100 or 200 dogecoin is not enough.

large scale investment also provides a large loss impact if it occurs, do not just look at the amount of profit if we make investments on a large scale. so everything must really be considered even for doge-level coins, because your money circulation must continue to occur.

[huu78]

Doge is indeed a good project although the emergence is based on the meme at the time, the development of the project is also often in the use of various services for payment and I think next year could be to invest in them.

[BigBos]

I think this is good to buy dogecoin. I agree if buy with huge omount of doge coin( buy more than 10k dogecoin). So, you will feel the difference price when the dogecoin price is move. Invest and hold 100 or 200 dogecoin is not enough.

dogecoin prices have always been stable at $ 0.002xx, if for the long term, I think that's pretty good. but I agree if it requires a large amount to be detained. a small increase in the price of the doge has had such a large effect on its brace long ago. however, I wasn't very interested because the increase and decrease were quite slow, so I chose another altcoin. but aside from that, I think doge is altcoin which is often used by people for trading.

[LogitechMouse]

Dogecoin has been there for a long time already and even it has been listed on Binance, it didn't rise even a bit (or yes but after listing, it went down also).

There are better altcoins to invest with and Dogecoin is the coin which I don't see to put my money for. I don't want to spit some altcoins here but there are better altcoins. Why not invest on it instead on this meme coin .

[starblocks]

This is just one of many well ranked assets you can have in your portfolio as a percentage of your entire cryptocurrency holdings but only buy when there's dips in the market and you are getting a good value purchase for assets such as these

[arwin100]

Dogecoin has been there for a long time already and even it has been listed on Binance, it didn't rise even a bit (or yes but after listing, it went down also).

There are better altcoins to invest with and Dogecoin is the coin which I don't see to put my money for. I don't want to spit some altcoins here but there are better altcoins. Why not invest on it instead on this meme coin .

I think the main reason of the downfall is due to the market condition and actually all of the coins/tokens even if it listed on big exchange are in dump but since it is still on the top and got a good volume then I think the potential still there.

This is just one of many well ranked assets you can have in your portfolio as a percentage of your entire cryptocurrency holdings but only buy when there's dips in the market and you are getting a good value purchase for assets such as these

I'm accumulating little by little to see if there's a break through in the market and hopefully in future we can earn some benefits upon buying some cheap doge's.

[iram3130]

I have never understood Doge so I have never invested in it. By looking at the charts, it looks like a mid or long term trading coin but the market is so fluctuating right now and because of that the alts are not in the season of trading.

[samuraijin]

why investing in the long run is not guaranteed just because a lot of altcoins come on the exchange, not necessarily new altcoins can beat the popularity of Dogecoin which already has many exchanges with high trading volume values, why should I worry about that I once held a Dogecoin and sold it when the price touched 100 satoshi, then at the end of 2019 is a price that is not expensive enough to buy, considering the previous time if the price increased to 200 satoshi it would clearly be profitable for me, hopefully 2020 will be the best year for dogecoin

[zeze18]

Dogecoin is likely to pick up, as people are realizing it’s worth and they are getting over it being a mere crypto joke. Further, The coin might touch the $0.02 mark, where the highest expected price is $0.0294 and the minimum expected price will be $0.0224.

https://coinpedia.org/information/dogecoin-price-analysis/

What's your dogecoin price prediction?

Doge is just like just a lucky roullete tokens for me because the price is unpredictable and the future of the coin is not really promising because this coin could be turn into zero anytime due to no company are taking care of this coin and this coin founded just from a meme and the community support it from buying. So i think this coin is just rely on the community.

[uray]

@iram3130
I can tell you that you can very well trust dogecoin than the rest of the alt coins in the market, you cannot expect the market to shoot up in the mid term but if you are willing to hold and the patience then you will end up profiting when the altcoin market rallies and surprisingly it is much better than some of the coins in the market.

[~Money~]

it has been a joke and WILL remain the joke, but will help crypto words being spread. even my grandma had heard about dogecoin and the our beloved dog, but doesnt know anything about bitcoin

[MI6]

Dogecoin, a coin that usually i think people maybe can take 10% profit from it. Actually this is only speculation, but with the price right now like 30 satoshi, maybe if i bought dogecoin, i will sell it although it is reach 10% of profit. And then repeat it again. For me it already safe thing for me to do because actually for me hard to predict when dogecoin pumped or dumped.

[bitkanu]

I think this is good to buy dogecoin. I agree if buy with huge omount of doge coin( buy more than 10k dogecoin). So, you will feel the difference price when the dogecoin price is move. Invest and hold 100 or 200 dogecoin is not enough.

yea, so many times i have seen those guys have been saying like you if doge is a good coin to buy. you guys never expect the future trend of doge coin. The dump will be coming very soon and people will leave this coin. 10k doge is nothing and it's only a few bucks lol
what you are saying totally non sense

[Arkann]

I think this is good to buy dogecoin. I agree if buy with huge omount of doge coin( buy more than 10k dogecoin). So, you will feel the difference price when the dogecoin price is move. Invest and hold 100 or 200 dogecoin is not enough.

yea, so many times i have seen those guys have been saying like you if doge is a good coin to buy. you guys never expect the future trend of doge coin. The dump will be coming very soon and people will leave this coin. 10k doge is nothing and it's only a few bucks lol
what you are saying totally non sense

The fact that today the market is in very poor condition and this trend has a very strong effect on all cryptocurrencies is visible to the naked eye and every coin today is in a very difficult period.  But I am sure that each cryptocurrency will have corresponding prospects due to its importance and features, including technical characteristics.  If we talk about Dougecoin and recall the history of the creation of this coin, then no one expected good prospects for DogeCoin until recently, but the reality was completely different.  Given all the points, DogeCoin in some cases even outperforms Bitcoin.  So I would not speak so categorically about the future of this coin.

[acdc]

Although a lot of people think doge is a joke, for me doge is a pretty good coin.
I have made quite a large profit on doga in 2017 and 2018. However it is not a coin to hold in the long term, doge is an investment coin in the short term.
I think in 2020 doge will have one or two big price increases and the price of doge in 2020 could reach 50sts.

[xZork]

Doge may be a very good short term investment coin but it is not a coin to hold for long.
I have observed Doge for many years and have concluded that in a year of doge there will be 2 sharp price increases and if we can capture the time of doge price increase will surely make a big profit.

Your statement is confusing, Dogecoin is a mid or long term investment, it's not short. Dogecoin had a couple of sharp price increases in the past years, and to capture that moment you need to hold some amount of Dogecoins for some time.
I have some Dogecoins, I keep them for some time. I think one day we will be able to buy some things with those coins. Dogecoin is everywhere, it's accepted by some people and people like it. I believe Dogecoin has a future!

I am not a daily trader so investing in 2 ~ 3 months for me it is a short term investment.
I mean, if we hold a doge for a few years, it is almost unprofitable because the price of the doge is usually around 0.00000025 ~ 0.00000035 btc.
Of course doge is also my favorite coin, I have made quite a bit of profit from this coin.

[aomakun]

Although a lot of people think doge is a joke, for me doge is a pretty good coin.
I have made quite a large profit on doga in 2017 and 2018. However it is not a coin to hold in the long term, doge is an investment coin in the short term.
I think in 2020 doge will have one or two big price increases and the price of doge in 2020 could reach 50sts.

doge can indeed be profitable but it is not profitable enough to be used for long-term investment, the most important thing in investing we cannot continue to look for ever-increasing profits because we have to look for limits. and for the doge it can sometimes provide quite surprising benefits from price movements