Shall I HODL DOGE?

[trauchot]

I do not see any reason to invest in DOGE at all, since this cryptocurrency was created in order only to make cryptocurrency transfers and that's all, so I think that you need to invest in other cryptocurrencies and you shouldn't invest in DOGE at all, since it won't bring you profit.

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[Tervelatuk]

It is a miracle that the DOGE coin has survived until this time. Before DOGE, I can count dozens of coins that can be preferred. I think you don't take this risk and go for more familiar altcoins.

Naturally, DOGE still exists today, because the token was born from a very good blockchain so that it is always good to be owned by anyone and it should also be noted that DOGE tokens will not be the same as other new tokens even though in terms of price DOGE is the cheapest, but in terms of quality, he is the best.

it is unique coins in cryptocurrency market , DOGE recognized as good coins to tranfer inter account in exchanges wallet or even personal wallet. much traders use it as alternative while they want avoid high tranfer fee. many traders or investors never imagine doge could exist till now with its huge supply, mostly when they see doge supply directly underestimate with doge.

[gaston castano]

maybe you should because elon musk mentioned it on his twitter and shortly after that the price of Doge immediately went up. maybe the fomo only lasted for a moment but I am also sure the Doge coin will increase quite high in a long enough time and is safe enough to store for the long term.

[slaman29]

It is a miracle that the DOGE coin has survived until this time. Before DOGE, I can count dozens of coins that can be preferred. I think you don't take this risk and go for more familiar altcoins.

Nothing short of a miracle indeed. This year alone there were 2 big events in terms of pumping. The Tiktok dogecoin challenge being the most memorable and then the Tweet from Elon Musk pumping it by 33%!

Nothing serious we all understand but the beauty of Doge is truly in its longevity!

[FaucetKING]

I got used to do these steps to run away from the transactions fees, trust me, Doge's blockchain is one of the greatest and the oldest. The main issue with them is the increasing supply i think which drives the price lower and lower, they reached +100 sat in terms of price before and i think that they are a good investment but what drives me away is the big circulating supply, do your research and if you like them, you can deposit your money and invest in it.

[Question123]

There is no reasons for the investors to hold the dogecoin that they have because they will not gives you profit for sure even you will wait for more years.

Dogecoin using only to the gambling sites because it was low transaction fee than the others coins that is good to you if you are gambler but they have other coins who is also low fee when you transfer it and that is Ripple and the good to this coin it is potential coin than the dogecoin who is waste your time.

[Lavander]

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'm not quite sure about doge for what I've known the Doge coin have an unlimited supply right? I'm not quite sure but I think that would affect its price won't it? But right now you can use doge to a lot of things including payment and of course on gambling websites such as casino or sports betting.

[bitbollo]

it is unique coins in cryptocurrency market , DOGE recognized as good coins to tranfer inter account in exchanges wallet or even personal wallet. much traders use it as alternative while they want avoid high tranfer fee. many traders or investors never imagine doge could exist till now with its huge supply, mostly when they see doge supply directly underestimate with doge.

Yes, for transfer problems it is clear that DOGE is very easy to use, but if it is for the issue of cheaper transfer fees, I think the DOGE token is still a bit inferior to the TRON token, because the transfer fees for TRON tokens on some exchanges today are super cheap when we compare it to DOGE .

for what I have seen, every exchange has listed Dogecoin and most of the web wallets allow people to use it.
I have never tried to used TRON for withdrawal from exchange...
Probably for micropayment TRON has a bigger advantage, but in certain situation with dogecoin you can save up to 99,99% of fees. For sure this is not a good reason to use DOGE for a reserve! Just take a look about previous value in BTC

[mezzaluna]

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.

People really did not invest on DogeCoin but its still a source of small money and IMO, money is still money no matter how small or how big it can be. The opportunity however that DogeCoin presented is not that good so people are just turning their eyes whenever they see it and label it as a ShitCoin. HODLing Doge is your decision but maybe you should consider converting it into Bitcoin while you still have the chance since the value of Bitcoin is increasing while the value of Doge is still stagnant.

[SATWAT]

It is a miracle that the DOGE coin has survived until this time. Before DOGE, I can count dozens of coins that can be preferred. I think you don't take this risk and go for more familiar altcoins.

Naturally, DOGE still exists today, because the token was born from a very good blockchain so that it is always good to be owned by anyone and it should also be noted that DOGE tokens will not be the same as other new tokens even though in terms of price DOGE is the cheapest, but in terms of quality, he is the best.

This is really point I am also having some good quantity of this because I am feeling its quality is best and price is also never been bad in very long run I buy few thousand on rate of 18 satoshies and now its around 20 mean I am already in some profit even is very less but much better then many other pump and dump coins.

[lxiaoh]

It is unnecessary，you just keep BTC,LTC,DOGE what they are，do not need to convert, this three kinds of coins are all worth to hold.
It's a good investment strategy, investment diversification reduces risk, i don't understand why you want to change it.

[Dollar_Hunter]

according to the chart, Doge is an altcoin that is suitable for long-term investment,
because every year the Doge chart shows good performance, and if you buy Doge at a lower price,
of course you will get up to 2x profit.

[bearexin]

You said you have received around 500 in Doge right? Why not just keep the 500 and leave your BTC and LTC as they are, instead of converting them all to Doge? If you ask me, BTC has been doing really great more than most of the other cryptocurrencies, and the price broke through the last all time high and even reached up to $24,000.

Although we don’t know yet what might happen next, but it can still go up. And LTC has been quite good this year and I think it just its own ATH too. As for Doge, I haven’t been paying much attention to it, but since you have 500 free money there, you can just leave it. And when it comes to usage I haven’t seen anyone talking about Doge, it’s usually Bitcoin and Eth.

[Zemomtum]

I don't see any benefit now and in the future, for you to sacrifice your BTC for Doge that has no upper limit and lack team development. A project that has been discontinuous but still enjoying the early bird into digital currency. Think twice and make the best choice

[BDBitcoinExpart]

Doge coin is considered as shit coin. Bitcoin does not pump as much as the rate at which it grows. Doge coin is available in almost all markets. Its withdrawal fee is very limited. So it is better to use it to transfer from one exchange to another. Doge coin hold is not expected to make such a profit.

[Tash]

It inflates by 1.8% forever. so its better than fiat and some other coins but long term can not compete.

[jacafbiz]

Please, do make mistake and convert your BTC to Doge having say this, there is no Bull market without Doge pumping like crazy. If you have some profit from trading you can set it aside and buy Doge but to just convert your BTC into Doge just to preserve your money, is a wrong decision because it is goig to be hard for Altcoins to outperform BTC o

[adzino]

I wouldn't hold doge coin if I were you. There are waaay better altcoins out there that has potential. Doge coin was just made as a joke and has no real use case. As far as I know, there isn't active development (and doge coin doesn't need any) and if there is, its just the core/qt client getting updates. The value of doge coin mainly depends on the pump and dump trends, so its quite risky holding it.
Try splitting your investment in other altcoins too.

[c0rnel1us]

i agree with everybody here, don't invest 100% of your crypto balance in DOGE, or even 10%.

However, I'd add that I believe that everyone should hold at least 100 DOGE, just because it's part of the crypto history but don't expect anything from it.

[Untomabur]

currently DOGE still has a very cheap pair of BTC prices,
so if you still have DOGE I suggest that you don't sell it at a low price,
I'm sure DOGE can reach 100 satoshi again.