Will Dogecoin Be a Good Investment in 2020

[youdacapt]

Dogecoin ofcourse is a good investment if you focus on dump and pump tokens; because this is exactly what dogecoin is; it doesn't matter if the year is 2020, or 2021, dogecoin is a pump and dump token; so if you think you can dyor and make profits investing in it; then it could be a good investment for you.

[1714762035]

1714762035

[1714762035]

1714762035

[1714762035]

1714762035

[1714762035]

1714762035

[Severine]

DOGE could be a good long term investment as stated by WalletInvestor and they have also predicted a price increase.

[Benefactor]

I couldn't agree if people consider that as hypothesis these days it has not utility use. I call that as a theory coin and that name looks extraordinary as I might want to think. This coin isn't, now used to be a picture coin, it has regard in spite of the way that it isn't absurdly a great deal. You can think about this coin as an endeavor contraption, anyway only for present second.

[cryptofirm]

It's 2021 and I think DOGE is a good investment, especially after the supporters of Elon Musk hype it when the richest guy tweeted about the underrated coin.

yeah this coin got a good support from Elon musk, and because of that, a lot of demands coming to this project
and push the price up, also a lot of people know about cryptocurrency because of this guy

[Indymoney]

I couldn't agree if people consider that as hypothesis these days it has not utility use. I call that as a theory coin and that name looks extraordinary as I might want to think. This coin isn't, now used to be a picture coin, it has regard in spite of the way that it isn't absurdly a great deal. You can think about this coin as an endeavor contraption, anyway only for present second.

I believe Dogecoin deserves the attention of every cryptocurrency user who wants to have fairly promising cryptocurrencies in their portfolio. Over the entire period of its existence, Doge has shown us very good results and had a stable demand in the community. Despite the fact that I have a certain amount of these coins, My wife continues to use all possible faucets to mine free Doge in the hopes of making a good profit.

May be you are right Dogecoin deserves some better attention but sadly developers doing nothing for better results and now its only gambling coin few uses just because of very cheap transactions fees if they start some better features and work on this then surely this coins acheive some better value and attention from many investors but right now its really cold heart and have no better and positive future in crypto world as many new and advanced technology coins coming.

[LordShanken]

It's a very old thread, it's over a year old, so we can summarize it a bit.  

On the day the thread was started, Dogecoin's price was $0.00294
As of today, the DOGE price is $0.00747

The earnings in 2020 on this coin made for a joke are about 150%.
Answer the question for yourself whether the investment in Dogecoin in 2020 was profitable or not...  

[cashfairy]

It's a very old thread, it's over a year old, so we can summarize it a bit.  

On the day the thread was started, Dogecoin's price was $0.00294
As of today, the DOGE price is $0.00747

The earnings in 2020 on this coin made for a joke are about 150%.
Answer the question for yourself whether the investment in Dogecoin in 2020 was profitable or not...  

very nice  
doge reached today all time high! last ath was $0.01877 in jan.2018 probably
im expecting 500-1000% pump in short time manner
during 2017 doge made more than tenfold increase

[bitgov]

True, it is all caused by the situation on Wall Street. I mean the Reddit group WallStreetBets and their action to raise the GameStop price. Today one of the members of this group posted a Tweet:
"Has Doge ever been to a dollar?"
https://twitter.com/WSBChairman/status/1354658870560481285
What started this pump.
However, in my opinion, there is a high risk that this is a misunderstanding and nothing else will happen and the price will drop quickly to its previous level.

[Indymoney]

True, it is all caused by the situation on Wall Street. I mean the Reddit group WallStreetBets and their action to raise the GameStop price. Today one of the members of this group posted a Tweet:
"Has Doge ever been to a dollar?"
https://twitter.com/WSBChairman/status/1354658870560481285
What started this pump.
However, in my opinion, there is a high risk that this is a misunderstanding and nothing else will happen and the price will drop quickly to its previous level.

Possibility about this someone trying to dump big stock and then suddenly we are going to watch big decline in this situation care is better because if someone can handle then surely he invest but never cross your own lines which hurt you badly and after side effects give you big shock.

[bitgov]

True, it is all caused by the situation on Wall Street. I mean the Reddit group WallStreetBets and their action to raise the GameStop price. Today one of the members of this group posted a Tweet:
"Has Doge ever been to a dollar?"
https://twitter.com/WSBChairman/status/1354658870560481285
What started this pump.
However, in my opinion, there is a high risk that this is a misunderstanding and nothing else will happen and the price will drop quickly to its previous level.

Possibility about this someone trying to dump big stock and then suddenly we are going to watch big decline in this situation care is better because if someone can handle then surely he invest but never cross your own lines which hurt you badly and after side effects give you big shock.

Someone who invests in high risk market should deal with such situations, and certainly should know that they can happen.
In this case, however, the situation may be a misunderstanding, as there is no indication that the WallStreetBets group will support Dogecoin. I am afraid that when this Tweet will be verified and it turns out to be accidental, the DOGE price will fall down and many people will lose a lot of money.

[nelson4lov]

True, it is all caused by the situation on Wall Street. I mean the Reddit group WallStreetBets and their action to raise the GameStop price. Today one of the members of this group posted a Tweet:
"Has Doge ever been to a dollar?"
https://twitter.com/WSBChairman/status/1354658870560481285
What started this pump.
However, in my opinion, there is a high risk that this is a misunderstanding and nothing else will happen and the price will drop quickly to its previous level.

I didn't see the tweet earlier and only got aware of the situation after the pump was long gone. Felt it was too late to get in. Don't want to be a victim of "buy high, sell low". Well, I'm not surprised this is happening with Doge as it's one pf the cryptos that is easily pumped by just a single tweet. Happened with Musk and now with WSB.

I don't know if the price would retrace soon. I would like to place a short on it.

Edit: Elon Musk just tweeted about $DOGE https://twitter.com/elonmusk/status/1354924057825837060

[Wawa2013]

My trust in Dogecoin paid off, because today Dogecoin made it to the new ATH. I, who bought Doge at the price of $ 0.003, felt a huge profit
with the current increase of Doge which is already at the price of $ 0.026. It's not wrong for me to make Dogecoin a long-term investment,
I really believe Dogecoin in the next 5 years can reach a price of $ 1. After I take profit today, I will wait for Dogecoin to correct to buy Dogecoin
again.

[monatana]

Look at Dogecoin at this time, the price is very unreasonable, I was surprised to see the current market even though in the past the price was very cheap

[bitgov]

True, it is all caused by the situation on Wall Street. I mean the Reddit group WallStreetBets and their action to raise the GameStop price. Today one of the members of this group posted a Tweet:
"Has Doge ever been to a dollar?"
https://twitter.com/WSBChairman/status/1354658870560481285
What started this pump.
However, in my opinion, there is a high risk that this is a misunderstanding and nothing else will happen and the price will drop quickly to its previous level.

I didn't see the tweet earlier and only got aware of the situation after the pump was long gone. Felt it was too late to get in. Don't want to be a victim of "buy high, sell low". Well, I'm not surprised this is happening with Doge as it's one pf the cryptos that is easily pumped by just a single tweet. Happened with Musk and now with WSB.

I don't know if the price would retrace soon. I would like to place a short on it.

Edit: Elon Musk just tweeted about $DOGE https://twitter.com/elonmusk/status/1354924057825837060

In a situation where such a pump happens because of one tweet, I am reminded of the pump & dump activity performed by John McAfee. It's possible that WSB and Musk will pump up the DOGE price even more, but investing now in it is like betting black / red on roulette. For me risk of flash crash is to high right now.

[TastyChillySauce00]

Look at Dogecoin at this time, the price is very unreasonable, I was surprised to see the current market even though in the past the price was very cheap

It looks like the prediction that has been made before is coming true right now.
The price of doge coin has surpassed 7 cents on some exchange sites and the daily trade volume is going even higher than before. I have sold all of my doge recently and I will not expect this one to surpass 10 cents.
Doge is a very crazy coin right now. Unlimited supply but it has very huge demand.

[leea-1334]

I said it before and say it again, as much as you want to hate this coin but you cannot deny the lasting power of a community that actually still cares, still mines, still trades, still hodls.

How many altprojects spend millions to achieve half of what Dogecoin can with a loyal community? Awesome to see and good for crypto overall:)

[AjithBtc]

Doge isn't growing good over the years. All of the sudden, it has reached big. This is truly a big growth for all the dogecoin hodlers. It is one among the largest network to stay strong for years. People who invested during the year 2020 will be now enjoying the profit in large. With cryptocurrency profiting is assured when invested over trusted assets on the top order. Maybe there'll be small delay, we need the patience until then. What dogecoin has provided is the true example for the same.

[gwdf1]

Many could not expect such a leap. This is really very strange and amazing. I think the rise was driven by Reddit users buying stocks in the stock markets. It seems to me that everything that is happening now is done artificially, which means not for long. Many people write that the exchanges have closed the Doge withdrawal.

[manok jepang]

In the fact, in recent years the DOGE coin has not grown at all, this coin is like trash thrown away by the community, but I don't understand why Doge has jumped so high, so many people argue about the increase in this coin, I don't dare to assume about DOGE coin you should be careful if you want to invest in this altcoin, because the price is so mysterious.

[maldini]

Dogecoin had several sharp cost increments in the previous years, and to catch that second you need to hold some measure of Dogecoins for quite a while. Limitlessness supply and that makes the cost of doge will be unloaded to the base cost. I don't have the foggiest idea what was the motivation behind why a few people are as yet accepting the fate of doge.