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Author Topic: Shall I HODL DOGE?  (Read 12489 times)
militiariko
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December 22, 2020, 09:58:45 PM
 #61

Well, to some extents researches and facts will disagree with you about hodling doge tokens; especially when it is meagre 500 tokens. Doge has proven time and time again that it is a pump and dump token; it has repeated this sync multiple times; and it is best if you just accumulate doge to fix payments of services anywhere it is aaccepted. Or perhaps trade doge.
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December 22, 2020, 10:03:52 PM
 #62

Do some reseach before to make it be good things.

Based aspect or utility, DOGECOIN has good performance without problem, they're trasferable for small value, have good in takes the blocks or confirmed.

Those many markets to trade with TOP 50 on CMC.

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December 22, 2020, 10:15:44 PM
 #63

well, if you want to hold some coins and not use them very often, i would recommend bitcoin or ethereum, i don't think there is a reason for Doge to go boom, but if you would be using them to do stuff like buying things or topping up your phone, i would recommend doge, trx or xrp.

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December 22, 2020, 10:23:49 PM
 #64

not a good plan to sell bitcoin just to convert it into DOGE. maybe it's better to change your DOGE to LTC. Meanwhile, for me personally, if there is capital, I prefer to invest in bitcoin as much as possible. because I believe more that BTC is much more profitable for investment in the future.

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December 22, 2020, 11:24:28 PM
 #65

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
he should not sell his promising coin to be exchange with the crap coins. Doge coin is still alive caused by the speculation from the traders and these traders are using doge coin as a coin for pump and dump purpose.
I see that so many doge buyers are hoping they will be seeing another big pump that could happen on doge coin anytime. They are putting their hopes into the pump

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December 22, 2020, 11:33:55 PM
 #66

doge is one of the best performing altcoins, and I support you if you still hold doge,
moreover elon musk really supports doge on twitter and this is one of the best news in the history of doge coin

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December 22, 2020, 11:45:30 PM
 #67

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.

Doge has a lot of sympathizers, this is what makes Doge one of the crypto assets that is very feasible for investment...
Doge's daily transaction volume is one of the largest and most real, many use it for transactions because of its low fees. every year there is definitely a time where the doge will be bullish even if only once.



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December 22, 2020, 11:48:11 PM
 #68

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.

Doge is shit coin for me, for transfer purpose i prefer lumens above doge, unless the market didnt provide lumens. I dont see any benefit hodling any doge, its mostly used for gambling purposes.

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December 22, 2020, 11:53:36 PM
 #69

Dogecoin is only really useful if you're going to make a lot of small transactions and want to save on fees. It is not something worth holding as a long term investment. When you look at it's price in BTC it is down 35% over the past year. It has really high inflation and no cap on total supply so over time it's value will keep decreasing.

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December 22, 2020, 11:55:50 PM
 #70

Dogecoin is only really useful if you're going to make a lot of small transactions and want to save on fees. It is not something worth holding as a long term investment. When you look at it's price in BTC it is down 35% over the past year. It has really high inflation and no cap on total supply so over time it's value will keep decreasing.

That is my take also with doge. I never consider this coin to hold for long-term. But I use this coin for transfer purposes from one exchange to another. But never crossed my mind to store this coin for long term.
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December 23, 2020, 01:25:46 AM
 #71

Doge is shit coin for me, for transfer purpose i prefer lumens above doge, unless the market didnt provide lumens. I dont see any benefit hodling any doge, its mostly used for gambling purposes.
If the DOGE token is only unlucky for you, it means that DOGE cannot be considered an unlucky token, because an unlucky token will not last long in the market, and an unlucky token will never be on a large exchange and several exchanges that are already popular, I don't blame you when you choose a token for the purpose of your transfer to another place, but I am also surprised when an exchange does not provide token lumens, indirectly you will also use DOGE, is it worthy of being called an unlucky token? Grin
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December 23, 2020, 02:04:37 AM
 #72

DOGE has an unlimited supply and means that the DOGE maker can make it at any time when he does not have enough money (in the future this coin will have a very low value or even not sell in the market), that's one reason I don't like DOGE and if you sell bitcoin then hold DOGE means you are one of those people who can't think. DOGE is not for long term investment
Yes, and it would be crazy if someone sells Bitcoin which has been proven to be good all the time in order to get a very cheap DOGE token, even though getting a DOGE token is not a difficult thing because the price is very cheap, in contrast to getting Bitcoin which is increasingly difficult to reach.
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December 23, 2020, 02:37:07 AM
 #73

You shall hold your Dogecoin. This year is warming up year for crypto market. Bitcoin sets up its bullish market and the crypto market for alternative cryptocurrency will be heated next year. Now people are still confusing that how organic or artificial the growth of bitcoin is but next year, when they see confirmation for the real organic growth and no bubble burst, the altcoin market will be run together with bitcoin market.

Dogecoin has very low price now so you shall hold your Dogecoin till the second quarter next year.

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December 23, 2020, 02:59:31 AM
 #74

if you already has BTC and planning on focusing on DOGE
is such a bad idea. if BTC meets the its bullish market it could turn a great profit
and hodling it for a certain amount of time could turn a great investment rather than DOGE
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December 23, 2020, 03:43:44 AM
 #75

I'm racing to get bitcoin, you sell bitcoin to Dogecoin, that's a bad thing.
Look at the price of BTC going up to 24k, maybe next year it could reach 30k more.
The price of Dogecoin doesn't go up much then it goes down again. And I use Dogecoin only for withdrawal fees.

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December 23, 2020, 04:17:41 AM
 #76

I'm racing to get bitcoin, you sell bitcoin to Dogecoin, that's a bad thing.
Look at the price of BTC going up to 24k, maybe next year it could reach 30k more.
The price of Dogecoin doesn't go up much then it goes down again. And I use Dogecoin only for withdrawal fees.

Good advise
Collecting more Bitcoin and using Doge only to reduce withdrawal fees is the right choice.
Billionaires, hedge funds, and large institutions are also on the hunt for Bitcoin.
Hodl Bitcoin, use Doge just for trading and gambling Wink
That's what I do
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December 23, 2020, 05:40:02 AM
 #77

I knew something good is still going to happen to this coin called DOGE. I still have 900 of it in my wallet will I'm not letting go for now. I will also hold it till the end of 2021. The coin has potential because it's on lot of Exchange and it can be aquired very easy. I will advise you all to get it. Even if it's just $20 worth of it. Buy it and keep it in your portfolio. And let's all smile latter.

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bryant.coleman
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December 23, 2020, 05:40:45 AM
 #78

I'm racing to get bitcoin, you sell bitcoin to Dogecoin, that's a bad thing.
Look at the price of BTC going up to 24k, maybe next year it could reach 30k more.
The price of Dogecoin doesn't go up much then it goes down again. And I use Dogecoin only for withdrawal fees.

You are right. What we are witnessing now is a reversal of the situation we had in 2017. Back in 2017, there was fund inflow from Bitcoin towards altcoins. Now it is the reverse, as users are selling their altcoins and moving to Bitcoin. And looking at the history of Dogecoin, it is one of the riskier options out there. It doesn't have any real life usage, and originally it was invented to mock the idea of cryptocurrency.
chichidori
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December 23, 2020, 06:18:56 AM
 #79

You can hold as much Doge as you like but don`t go all in even if it is being shilled by high profile people  Doge was created as meme and will stay like that  till someone find a good use for it, my advice is buy only if you have extra funds
meldrio1
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December 23, 2020, 06:30:08 AM
 #80

Why do you hold doge? it's not good idea to hold it for long because it has huge supply and the dev of doge was just made for fun so therefore it is not good to hold but I like doge anyways I just use it for transferring funds because of low transaction fee but when it comes to investing it is not recommended. Better to look another coin to invest maybe ethereum or binance coin just look another coin but not doge.

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