Shall I HODL DOGE?

[lolxxxx]

I see no reason in Holding DOGE. Elon Musk just tweeted about DOGE and everyone started buying it without understanding it duh.

For OP is do not see a reason to sell DOGE or convert it into LTC or any other alt, It's a small amount and earned through freeways, If I am in your position I will hold as long as I can because I always hold tokens. I think that DOGE will reach something around 1$ by the end of 2021.

A small amount, Free earned DOGE = HODL (as long as you can) _{at least 1$}

Regards

[Ureung jameun]

I have some DOGE, received from faucets. Not much just around 500.

After the increase in the transaction fees of BTC, I have thought of converting my BTC and LTC to DOGE for the transactions and keep them as DOGE. On the second thought, I thought of converting my DOGE to LTC and keep.

I have gone through some articles about DOGE's future price and I got some 50-50 opinions. I discussed with my friend and he suggested me to hold till mid-2021, I can't say why till mid-2021.

It's true that many sites have started accepting DOGE, thus it is getting popular so there is a chance that the price may increase. Still, my knowledge says there are certain loopholes like there is no upper limit in mining DOGE and it is still much easier to mine compared to others. In short, the demand & cost curve is a bit of a failure here. Though one can't say what might happen after 20 years.

Here I want some expert advice on this. Whether it is a good idea to convert and hold or keep my DOGE reserve constant.

I think if you only have 500 Dogecoin then you better hold it and go back to collecting Dogecoin through the faucet until the amount you have is more than you have now. because as we know that Dogecoin is an altcoin that has a large demand and also has a lot of holders. then we can be sure that in the future the price will continue to increase.

[lumierre]

I see no reason in Holding DOGE. Elon Musk just tweeted about DOGE and everyone started buying it without understanding it duh.

For OP is do not see a reason to sell DOGE or convert it into LTC or any other alt, It's a small amount and earned through freeways, If I am in your position I will hold as long as I can because I always hold tokens. I think that DOGE will reach something around 1$ by the end of 2021.

A small amount, Free earned DOGE = HODL (as long as you can) _{at least 1$}

Regards

It seems to me that the situation with Dogecoin should not be taken too seriously. I regard these races as someone's game or promotion. There are no financial pillars for price growth. But it remains unclear why the price does not fall. But what is interesting about the crypto market is its unpredictability.

[Traderbtcc]

No one can really tell what the future holds for doge coin so it's a 50-50 chance, it might pump or dump but in this case if you actually kept that 500 doge and sold at the recent all time high I bet you will receive x10 or 100 of whatever amount it was going to give you back then, the painful thing is that no one knows what the future holds for any coin they can only predict and hope the market follows their predictions, so it kinda hard to know when to hold or dump a coin, so I can't say for sure which will be better to hold, personally I would prefer to hodl bitcoin than hodl dogecoin.

[DIA7]

I find it that Dogecoin is not a coin to hold forever it's works best when you buy it at low lvls then hold and sell it when it pumps so if you have some on you I belleive it's best to sell now make some profit and buy the dip once it dips again and then wait for Musk to make a tweet to sell again.
Dogecoin is a meme coin at the end despite being a good pop currency .

[cloudfir3e]

better hold on and wait for the doge party to come back.
I analyze if the doge will go up again 100% after the correction in the market.
because doge is currently a trend and attracts many investors who start investing there. this will cause an increase in prices in the market.
I'm also holding a 10k doge that I haven't sold yet and waiting for the price to go up even higher

[1l1l11ll1l]

I think doge is better to use for daily activities. for example buying coffee or other things. besides the price is much more affordable, doge is also fast. If Doge continues to have a positive trend like this, and lots of influencers like Elon Musk promote it, I think hold doge will be very profitable.

[nykka]

Last news with pumps and altcoin season showed, that Doge coin was a really good idea for hodl. I checked price history and found that we could make x20 from the lowest prices last year. I didn`t believed in the Doge, because I thought meme coin can`t grow a lot. Ohhh, unfortunately I made a mistake. I don`t think it will grow a lot from now, but we still can see new heights after new popular tweets

[virasog]

Last news with pumps and altcoin season showed, that Doge coin was a really good idea for hodl. I checked price history and found that we could make x20 from the lowest prices last year. I didn`t believed in the Doge, because I thought meme coin can`t grow a lot. Ohhh, unfortunately I made a mistake. I don`t think it will grow a lot from now, but we still can see new heights after new popular tweets

Its very understandable now that people who do not know about crypto, they only know about the meme coins like doge. I see many people promoting dogecoin on tik tok. This means a lot of new people will buy doge and this make the price pump.
This does not mean that we should hold doge. We can only buy few doge when the price is low and get profits when this coin pump.

[huu78]

of course it could be an interesting choice because Elonmusk also always said doge in every tweet.
so the photo will continue and also the doge increase from the beginning of the year is very high over 500% within 1 month, the highest achievement of doge in a short time. because doge also has a high market capitalization.

[tabas]

Because of Elon, everyone will tell you hold Doge. But without him, only a few will tell you to have it. Despite it is not that considered as a good coin to invest and as a meme altcoin, there are only few that analyzes it as a good coin because of its fees and speed.

[deean_3one]

I have some DOGE, received from faucets. Not much just around 500.

After the increase in the transaction fees of BTC, I have thought of converting my BTC and LTC to DOGE for the transactions and keep them as DOGE. On the second thought, I thought of converting my DOGE to LTC and keep.

I have gone through some articles about DOGE's future price and I got some 50-50 opinions. I discussed with my friend and he suggested me to hold till mid-2021, I can't say why till mid-2021.

It's true that many sites have started accepting DOGE, thus it is getting popular so there is a chance that the price may increase. Still, my knowledge says there are certain loopholes like there is no upper limit in mining DOGE and it is still much easier to mine compared to others. In short, the demand & cost curve is a bit of a failure here. Though one can't say what might happen after 20 years.

Here I want some expert advice on this. Whether it is a good idea to convert and hold or keep my DOGE reserve constant.

I don't really understand how to analyze coins. But I don't agree with your decision to convert bitcoin into a doge. Isn't bitcoin the best coin of all time? I am sure bitcoin will also continue to lead prices in the future.

[cunguks]

I have some DOGE, received from faucets. Not much just around 500.

After the increase in the transaction fees of BTC, I have thought of converting my BTC and LTC to DOGE for the transactions and keep them as DOGE. On the second thought, I thought of converting my DOGE to LTC and keep.

I have gone through some articles about DOGE's future price and I got some 50-50 opinions. I discussed with my friend and he suggested me to hold till mid-2021, I can't say why till mid-2021.

It's true that many sites have started accepting DOGE, thus it is getting popular so there is a chance that the price may increase. Still, my knowledge says there are certain loopholes like there is no upper limit in mining DOGE and it is still much easier to mine compared to others. In short, the demand & cost curve is a bit of a failure here. Though one can't say what might happen after 20 years.

Here I want some expert advice on this. Whether it is a good idea to convert and hold or keep my DOGE reserve constant.

I don't really understand how to analyze coins. But I don't agree with your decision to convert bitcoin into a doge. Isn't bitcoin the best coin of all time? I am sure bitcoin will also continue to lead prices in the future.

when he wants to move his current bitcoin from an exchange to an exchange to convert it into money that applies in his country of course it is a good choice because of the many transaction fees I think Doge must be much cheaper.
but if you want to follow a market trend that sees the doge as an asset that has experienced a high increase and wants to keep the doge for a long time then that is a stupid choice. if you are too afraid of bitcoin then there are many better altcoins than Doge that can actually cost him money.

[kenelmark]

I don't really understand how to analyze coins. But I don't agree with your decision to convert bitcoin into a doge. Isn't bitcoin the best coin of all time? I am sure bitcoin will also continue to lead prices in the future.

Yes, what you are saying is not wrong and it would seem ridiculous if someone were to give up Bitcoin for Dogecoin, although owning Dogecoin is also a very good thing at the moment and profitable, but one also doesn't have to give up Bitcoin to get some Dogecoin.

[lolxxxx]

-snip-

I think if you only have 500 Dogecoin then you better hold it and go back to collecting Dogecoin through the faucet until the amount you have is more than you have now. because as we know that Dogecoin is an altcoin that has a large demand and also has a lot of holders. then we can be sure that in the future the price will continue to increase.

The demand of DOGE coins is going to reach an all-time high by the end of this year and real-demand of DOGE coin will be seen everywhere, not because of the tweet from ELON MUSK but people are started getting to adopt it and its been surviving for a very long time so it will go to the moon soon.

Regards

[raidarksword]

I have some doge too came from faucets and i am just literally holding hence it's just few that i have right now. I am just waiting what will be the last price of doge hence still getting hype right now and price is still growing. With so many twitter hype about doge, big chances price will grow even more...

[bakasabo]

What is dogecoin maximum price from your point of view? It is impossible that it would simply be pumped all the time. I know there is a "supply and demand rule" and dogecoin price can be anything, as long as people are ready to buy. But there is price for sure, above which people mentally wont buy. Also Musk mentioning dogecoin will not always increase its price. Ok, lets say Elon Must mentions dogecoin 100 times and its price goes up for 100% every time. But one day, after 120 mentions the price will go up only for 50%, next time 40% and etc. Till the time nothings happens.

[MonaLeeTracy]

I have now sold my doge, at the current price the profit I have gotten has reached 5x since I bought it. this is good as an investment moreover, the increase that is happening now is the effect of Elon Musk's Tweet doing fomo to doge. high risk to buy now. so I have done take profit. if there is a higher rise I don't mind. We are high, the price of Doge is coming back down . Stay aware of your risks

[Kezacky]

i think,if you believe in Doge's future, just hold your Dogecoin. But if you doubt its future, you are better to sell your Dogecoin and convert to another crypto coin you think better. There are still many crypto coins for the options, you don't need to be confused about holding doge or not. Selling it at a good rate and just buy more potential coin like Ethereum ,LTC, or BNB coin.

[Hobo66]

There's no hard cap on Doge, why are people investing for long term? Use it to make a few bucks to throw into worthwhile long term investments. Simple as that.
Put in 200$ for fun, keep an eye on it and invest a bit in eth, ada, xrp and btc.