Shall I HODL DOGE?

[kak uli]

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.

according to my observations of Dogecoin for now it is not certain that the current price will be able to last for a long time .. and the current price of Dogecoin is the highest price since Dogecoin was launched and this has also been the highest price in Dogecoin's history .. so for now if You want to hold back then that's a bad move.

[iTradeChips]

I would suggest that if you currently have Bitcoin, then just leave the Bitcoin and not convert it to DOGE. Even though DOGE has the potential to boom anytime in the near future, it does not mean you have to convert your Bitcoins to DOGE. Bitcoin obviously has much more opportunity to gain profit so keep that. You can plan to do small trades in DOGE but by buying only a few DOGE. You can even continue your faucet and even look for ways to earn DOGE. Maybe there are some bounties out there that give out DOGE so that is great.

[FinneysTrueVision]

A few weeks ago I would have advised not to hodl Dogecoin. After recent pumps I think it is worth having a little bit just in case. If you have some random shitcoins you should convert some of them to Doge.

I decided to give bankroll investment another shot on YOLOdice, so I can earn Doge passively. Even if the price goes down I won't be so affected if I earn a decent amount of profit and am prepared for the next big pump.

[Mahanton]

A few weeks ago I would have advised not to hodl Dogecoin. After recent pumps I think it is worth having a little bit just in case. If you have some random shitcoins you should convert some of them to Doge.

I decided to give bankroll investment another shot on YOLOdice, so I can earn Doge passively. Even if the price goes down I won't be so affected if I earn a decent amount of profit and am prepared for the next big pump.

For those who bought on the peak price they theyre fucked up and this is the result when you do really get caught with FOMO.Lots had presumed that
that the price would be heading even higher but now it had corrected and trying to go back on where it was before.

For people who have bought DOGE on last year or before that January last week are really making off some profits when it did really pumped out.
For those who bought on the peak then they would really be ending up on holding for too long if the market wont really be
making off some recovery or increase.

[Sanitough]

Fellas what are you waiting, it's time to sell DOGE, don't expect more increase as it's likely that the price will correct again and will dump. Don't be greedy, be happy with 500% increase of your investment then try to scalp again when price drop.

For people who have bought DOGE on last year or before that January last week are really making off some profits when it did really pumped out.

if they will not be greedy they will, don't get FOMO for others while those who have bought at a cheap price should sell now. EASY!

[globalpain]

rumors spread that Doge will reach $ 1, not only on Twitter, telegram and YouTube also talk about doge will explode,
even though Doge has reached 1000% increase in a day, it looks like Doge is still not satisfied with going up again,
If you want to follow Fomo be careful, because we know that doge is more volatile than bitcoin.

[Fivestar4everMVP]

I would never advice you to convert your btc or litecoin to dogecoin zcus we all know that dogecoin is just being hyped for no reason, and we all know what always happens to coins that are hyped for no reason at all, after they might have pumped, the later days are always bloody, so I will advice you hold your btc and litecoin as well as the dogecoin you've already earned through faucets, if you really wanna have more dogecoins, it's better you buy them with your extra cash and don't convert your btc or litecoin for it.

[Joyawan13]

I would never advice you to convert your btc or litecoin to dogecoin zcus we all know that dogecoin is just being hyped for no reason, and we all know what always happens to coins that are hyped for no reason at all, after they might have pumped, the later days are always bloody, so I will advice you hold your btc and litecoin as well as the dogecoin you've already earned through faucets, if you really wanna have more dogecoins, it's better you buy them with your extra cash and don't convert your btc or litecoin for it.

I also think like that, for example I have bitcoin I will not sell it and buy Dogecoin, and even if I have fiat money and I want to buy Doge coins I will buy it with my fiat money deposit, but I will not buy it in large amounts, because I have the thought that the price of this Doge coin could suddenly drop by a price far at its current price.

[bison]

I would never advice you to convert your btc or litecoin to dogecoin zcus we all know that dogecoin is just being hyped for no reason, and we all know what always happens to coins that are hyped for no reason at all, after they might have pumped, the later days are always bloody, so I will advice you hold your btc and litecoin as well as the dogecoin you've already earned through faucets, if you really wanna have more dogecoins, it's better you buy them with your extra cash and don't convert your btc or litecoin for it.

I also think like that, for example I have bitcoin I will not sell it and buy Dogecoin, and even if I have fiat money and I want to buy Doge coins I will buy it with my fiat money deposit, but I will not buy it in large amounts, because I have the thought that the price of this Doge coin could suddenly drop by a price far at its current price.

it can happen to all crypto assets not only to doge. but for doge, I'm sure there will definitely be a decline even when bitcoin is still in its current position. doge has some pretty good traction, but I think the risks also appear to be greater than that of other crypto assets.

[HardFireMiner]

Elon Musk on twitter frenzy:

https://twitter.com/elonmusk/with_replies?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor



Go Doge!

[Nighthog]

Elon Musk on twitter frenzy:

https://twitter.com/elonmusk/with_replies?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor



Go Doge!

There have been referrals that Musk account is hacked.
Coordinated hack to promote Doge, to make money.

Too convenient.

[Smartprofit]

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.

Dogecoin has a very famous evangelist - innovator and entrepreneur Elon Musk.  Elon Musk writes about Dogecoin on his Twitter, and the price of this cryptocurrency immediately starts to rise.  

Dogecoin is a fork of Bitcoin.  It is a cryptocurrency made for fun.  Paradox - but the price of Dogecoin may continue to rise.  

What is causing this?  There are very few really significant cryptocurrencies in the top of Coinmarketcap.  

Bitcoin is a valuable deflationary financial asset, digital gold.  Ethereum is the world's decentralized computer.  

However, there is no particular sense in the existence of other cryptocurrencies ...

Therefore, Dogecoin can overtake Litecoin in capitalization.  This is a very likely event.

[rahmathidayat93]

There have been referrals that Musk account is hacked.
Coordinated hack to promote Doge, to make money.

Too convenient.

May I have a look at the referral? because it's too dangerous when a hacker uses the account of someone who is already well-known like Elon Musk,
so where do you find news like this friend?

[Nighthog]

There have been referrals that Musk account is hacked.
Coordinated hack to promote Doge, to make money.

Too convenient.

May I have a look at the referral? because it's too dangerous when a hacker uses the account of someone who is already well-known like Elon Musk,
so where do you find news like this friend?

You can find mentions of it on twitter.

He is supposedly sending & promoting Doge from his Email to all his employees as well.
There is too much promoting it at the moment.

There was a promo to send in your ether/btc (5000BTC airdrop) and recieve 2x back from supposed Elon_Musk with links to his new twitter posts.

There are a bots everywhere.

[kzel2226]

nice holding ithink its time to sell doge now

[gurunanakji777]

You can sell 50% of the holding and keep holding another 50%. From the current price if Doge moves another 40-50% from now you can consider sell it as Doge is just an average coin it's only a pump and dump coin for me and I advised you if you want to hold long-term then keep it in BTC form that would be a much better idea.

[Apnaworld71]

Indeed, even the individuals who dispatched Doge are not gaining any ground right now,I don't think if it's a smart thought to change over your local coin like bitcoin or litecoin into the doge coin and that sounds exceptionally impractical notion man.
Doge coins actually have a solid presence locally and are unquestionably extremely qualified to hold,The estimation of doge coin essentially relies upon the siphon and dump patterns, so its very dangerous holding it,Have a go at parting your interest in other altcoins as well.

[Kocret02]

Now is not the best time to experiment. Recent events, as it turned out, were not caused by a natural process. An artificial leap cannot guarantee a long-term price increase. Of course the market is very volatile, but buying Doge for long-term storage is not very smart right now.

I also think so, the increase in doge is also likely to be accompanied by an easy decline in doge. This is the phenomenon of a surprise which lasts for a few moments, doge is better for trading short times not for long ones. If you look at the current analysis like a game for a moment and it looks like it can't survive the big attack and the doge is sure to fall in price

[distr@yopmail.com]

Now is not the best time to experiment. Recent events, as it turned out, were not caused by a natural process. An artificial leap cannot guarantee a long-term price increase. Of course the market is very volatile, but buying Doge for long-term storage is not very smart right now.

I also think so, the increase in doge is also likely to be accompanied by an easy decline in doge. This is the phenomenon of a surprise which lasts for a few moments, doge is better for trading short times not for long ones. If you look at the current analysis like a game for a moment and it looks like it can't survive the big attack and the doge is sure to fall in price

holding it for now I think is a very risky choice. as said you'd better doge only for the short term. doge is booming because of the coverage on social media and after all that is over, I guess it will be like it used to be. so if it is profitable, it is better to let it go because there is the confidence that the price will just drop and trap many people.

[abel1337]

Elon Musk on twitter frenzy:

https://twitter.com/elonmusk/with_replies?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor



Go Doge!

There have been referrals that Musk account is hacked.
Coordinated hack to promote Doge, to make money.

Too convenient.

There are many speculations because of recent Elon musk tweets of shilling doge coin and this hacking scenario is one of the speculations going through the internet, The team of Elon isn't reporting a hacking incident yet so we can't say that Elon musk account has been hacked. But the shilling of Elon musk is very effective as we see in the price action of doge