Shall I HODL DOGE?

[Tash]

I have always regarded DOGE as a shitcoin, for solid reasons. Those who are aware of the history of DOGE would definitely agree with me. It has managed to survive for all these years, but now the luck seems to be running out. We all saw what happened to XRP, after the announcement from SEC. All it needs is a trigger. DOGE has hardly any intrinsic value and the smallest of the triggers can make it worthless.

Doge has nothing to do with a known scam like xrp. doge has no legal issues its own problems, one of them is high inflation.

[kapalmabur]

you only hold 500 Doge ?, that's not something you have to hold mate, it's better to just cash out and enjoy fiat,
if you want to invest in Doge you have to buy a large amount, at least $ 500 and you can feel the profit from investing Doge,
Doge every year has a good price, if you buy it at a low price then you can enjoy the profit.

[NextDoor125]

This is open advice for all that, you should more research about this then you can deposit on it. Other ways you can lose your profit. But the problem is Doge is no development from behind. That can be good for you. BTC has a better opportunity to gain profit than dogecoin.

[BitindaHouse]

I would place an order for dogcoin with a valuable one that suits me and watched the market as it grows and naturally changed all coins to bitcoin, this is much more reliable, as today's practice shows

[asriloni]

you only hold 500 Doge ?, that's not something you have to hold mate, it's better to just cash out and enjoy fiat,
if you want to invest in Doge you have to buy a large amount, at least $ 500 and you can feel the profit from investing Doge,
Doge every year has a good price, if you buy it at a low price then you can enjoy the profit.

It will be worthless to keep only 500 doge for the long term investment. he must think about if doge will never reach a high value consider it has unlimited inflation. People mine doge and they were throwing it to the exchange site.
I just aware it now if he has only 500 doge. he was wasting his time with his doge.
Doge is a pump and dump coin. Maybe this time the rate is good enough but you don't know what will happen next months.

[Question123]

This is open advice for all that, you should more research about this then you can deposit on it. Other ways you can lose your profit. But the problem is Doge is no development from behind. That can be good for you. BTC has a better opportunity to gain profit than dogecoin.

Of course bitcoin is better than dogecoin this is old coin but no improvement happens compared to the coin who is also like same year the dogecoin has develop the price some of that coin is high but doge waste of time and money to hold it the only use of this coin I guess in the gambling site for betting. But I did not use it Im using Ripple than dogecoin.

[Waleedzain323]

well its unto you only because Doge coin never gains much and never lose much its pretty balanced at all well its my point of view but still i am with my openion

[Santri]

selling bitcoin only for Dogecoin is not good idea because bitcoin is much more valuable than Dogecoin in the long run, keep on holding bitcoin and continue to enjoy the Dogecoin you get from the faucet

[dupee419]

Highly suggest going in for the conversion if you ought to hodl, hodling DOGE is a bad idea, I don't think it's a fast pump and I think you'll lose your patience trying to see if you could actually make profit in the future with Dogecoin, hold the bigger ones like BTC and ETH, these are more worth it to HODL rather than hodling Doge, I know the OP would have converted it already by now because of the huge pump from BTC but I think it's better to say these if the OP is planning or still has faith with Dogecoin.

[Furryball]

If you have DOGE presently you should keep and ignore, don't bother changing to any other coins as altcoins aren't in the bullish mood yet, and if all you have is BTC do not bother selling for DOGE, that doesn't make sense too, it's not worth it

[asus09]

You can hold DOGE coin during wait when ELON MUST make tweet " one word DPGE " But still do not know when he wanna makes tweet because after his tweet DOGE coin pump above 100% more and know look stable and not growing up because long time not tweet by ELON MUSK again, I know is crazy and not logic but check when DOGE coin break up last several week this happen after ELON MUSK make tweet about DOGE.

[Rehan Zakir]

I think holding Doge coin is not a good choice. But it is good for making transactions. Because the transaction fees in doge coin is low as compared to bitcoin and ethereum. But for holding there are many other coins such as XLM, TRX, ADA, LTC BNB etc. Doge coin can't pump high because of its unlimited supply.

[Dessy88]

You can share your purchase price with us then we can suggest you. Although you can understand easily if you have bought higher price then don't less now for loss. But if you have bought lower price then you can sold for profits. After all we can't force you for sell but we can just recommend.

[asus09]

Better waiting when Doge back to lower price and invest your fund again, but need waiting very long time to see Doge back higher price, maybe Doge coin is yearly moment when up above 100% and you should hold above one or two years later. Maybe Doge is good choose for long term investment and you keep saving money on the bank and use to save Doge coin, but I like with short investment how ever I have looking for coin could give me more profit without one week.

[BitTraderCute]

Better waiting when Doge back to lower price and invest your fund again, but need waiting very long time to see Doge back higher price, maybe Doge coin is yearly moment when up above 100% and you should hold above one or two years later. Maybe Doge is good choose for long term investment and you keep saving money on the bank and use to save Doge coin, but I like with short investment how ever I have looking for coin could give me more profit without one week.

current price was cheap and low enough and maybe we its the bottom for doge now. doge coin good as mid term or long term invesment , its price movement really different with another coins. doge coin will give us huge return while bitcoin price recover again and maybe give us multiply return from initial balance.

[speedforce]

Better waiting when Doge back to lower price and invest your fund again, but need waiting very long time to see Doge back higher price, maybe Doge coin is yearly moment when up above 100% and you should hold above one or two years later. Maybe Doge is good choose for long term investment and you keep saving money on the bank and use to save Doge coin, but I like with short investment how ever I have looking for coin could give me more profit without one week.

I dont see doge as long term investment since its have no any good feature on the project, i see doge as scalping tools because the price was very low and its have high market cap on it. Also i use doge sometimes as arbitration tools since its listed on many exchange and have a cheap fee transaction.

[philipma1957]

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.

500 doge is 5 dollars 💵 so down side is if you hold it and it crashes it is worthless you lose five dollars.

upside is if it goes to 1 dollar you have 500 bucks.

I would buy 9500 in doge bringing me to 10,000 if i was you.

I would then ignore it until it became 10 cents a coin.

[coin_1122]

selling bitcoin only for Dogecoin is not good idea because bitcoin is much more valuable than Dogecoin in the long run, keep on holding bitcoin and continue to enjoy the Dogecoin you get from the faucet

What you said is right, we shouldn't sell Bitcoin for the sake of Dogecoin, Dogecoin price will not increase its price like Bitcoin. We should always grab the Doge when it is in Dips because now it is impossible to grab the Bitcoin at the current price for the normal person. A normal person can easily grab Dogecoin at the current value.

[kapalmabur]

For the Doge-Btc pair, if you look and the analysis for the 1W / weekly chart looks very cheap,
we know Doge has risen 100% more in early January, but I'm sure if bitcoin dominance drops below 40% Doge will reach new ATH,
yeah although currently the Fiat pair is at the top, Hold Doge will not regret it.

[Lordhermes]

For the Doge-Btc pair, if you look and the analysis for the 1W / weekly chart looks very cheap,
we know Doge has risen 100% more in early January, but I'm sure if bitcoin dominance drops below 40% Doge will reach new ATH,
yeah although currently the Fiat pair is at the top, Hold Doge will not regret it.

The alt market for doge just hit a spike in price this morning with btc pair with but I think I missed it, doge is pretty doing well and it's a perfect idea to hodl some large quantity of it , I assure you that holding doge for at least six months upwards will definitely give you a good ROI in the mean time. Moreover, doge is a good reputable old coin with decent and strong teams.