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Author Topic: Exchange Dogecoin for what? (I need advice)  (Read 354 times)
repear7
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February 21, 2021, 05:12:27 PM
 #21

BNB, ETH, BTC doing good. I think BNB is perfect for invest now. It’s fully my opinion.

Everyone started to use BSC. Demand for BNB still increasing for it. I also invested a small amount in BNB.

But, You have to understand market first before investing in any coins otherwise you can face high loss.
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February 27, 2021, 10:00:30 PM
 #22

It seems like DOGE is not reacting to Elon musks tweets now. Actually, there are millions of coins in the market better than DOGE. It's better to move to another coin. Cant give financial advice. But I personally recommend BNB, One harmony, Cosmetic Atom are the best projects to keep in touch with. Again this is not financial advice.
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February 28, 2021, 05:35:51 AM
 #23

Hey everybody,

I've just found an old wallet with thousands of dogecoins inside.

Since I'm a newbie, I would have some advices about exchange with others Altcoin. I was  thinking about exchanging my XDG for ETH. Is it worth? I should keep my Doge or exchange with other coins?

Thanks for help
That feeling when you find money lying around Grin, I don't know if you should still keep the dogecoin, there's dogecoin still has a room to grow in terms of price? Cuz judging by the amount of coins in circulation, I'm not so sure the price will grow that big even in the near future, doge is just a meme coin for Elon Musk now, anyway changing your dogecoin to eth isn't bad idea at all, cuz Ethereum still has alot of room to grow in terms of price,but I would have preferred bitcoin.

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February 28, 2021, 05:51:23 PM
 #24

bitcoin or Monero

Cause is not before and effect is not after
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February 28, 2021, 06:13:46 PM
 #25

You can hold your doge for many years, you can make profit of it but it's better to exchange in some altcoins that has real project because you can gain more profit in the future than holding dogecoin. ETH, DOT, ADA and BNB are good investments so choose one of these altcoins.

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February 28, 2021, 07:16:31 PM
 #26

~snip
Since I'm a newbie, I would have some advices about exchange with others Altcoin. I was  thinking about exchanging my XDG for ETH. Is it worth? I should keep my Doge or exchange with other coins?
~snip
How much is the total worth of Dogecoins which you found in your old wallet. Since the price of doge coin is low, even thousand of doge coin wont give you much amount in usd to buy a large quantity of ethereum. I will suggest that you buy Ada. Althogh the ada price is around 1.3$ but it can likely go to 3 -5 dollars in next few months if the market recovers.

actually, if you have found a wallet with XDG coins, that is hardly DOGE, since XDG is an exchange used symbol, so you cannot find that in your wallet
you could find those on Kraken exchange for example, but than you had actually found an exchange account, not old wallet

nevertheless, it is the best to use your own analysis and try what to buy for that
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February 28, 2021, 07:26:41 PM
 #27

If you are satisfied with the present gains from dogecoin I suggest you change them to USDT or other stable coins, don't expect that dogecoin will keep growing higher, there will be bear season sooner or later, be prepared for that
This is right. The fact that the recent pump of dogecoin is very confusing, we should not put so much trust on it. The best way to do is to exchange your dogecoin to those stable coins like eth, btc and usdt. Bitcoin is expected to reach $60k ATH this year 2021.

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March 21, 2021, 02:05:10 PM
 #28

DOGE seems to be missing Elon Musk's tweets at the moment. In fact, there are millions of coins on the market that are superior to DOGE. It's preferable to turn to a new coin. I am unable to provide investment advice. But, in my opinion, BNB, One Peace, and Cosmetic Atom are the easiest projects to follow. This is not, once again, tax counseling.
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March 21, 2021, 02:13:23 PM
 #29

BNB, UNI, ETH, DOT, LINK, ADA and finally BTC this are the coins that I recommend in exchange to DOGE but if you have thousands DOGE I will also suggest to hold some of it like 10%, We never know if this coin will explode again in the coming months so just hodl for long term remember we are still in bull market and alt season is imminent. 

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March 21, 2021, 03:42:53 PM
 #30

It's better if you can exchange your doge with top 100 CMC. As far as i know if the future of dogecoin is not so good as the speculator said. Eth is a better choice to be used as long term hold rather than doge coin. I think that doge coin is totally over valued and it has unlimited supply. Doge is getting pumped now due to the elon musk's tweet but we don't know whether this pump can sustain more than 1 quarter.
More supply goes to the market means dump.

is DogeCoin leaving in the near future? it looks like it is close to that speculation. We really can't expect much more for DogeCoin, the fact is they do too many horrible pumps. as a result the signs of the decline continued. but all can not be predicted with accuracy, the CEO of Tesla always makes conspiracy theories for followers, most of whom are dominated by DogeCoin holders with Elon Musk magic tweet. and the right decision for holders of large amounts of DogeCoin such as OP, then immediately exchange them with coins that are much more valuable in the long term.

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March 21, 2021, 03:49:15 PM
 #31

It's better if you can exchange your doge with top 100 CMC. As far as i know if the future of dogecoin is not so good as the speculator said. Eth is a better choice to be used as long term hold rather than doge coin. I think that doge coin is totally over valued and it has unlimited supply. Doge is getting pumped now due to the elon musk's tweet but we don't know whether this pump can sustain more than 1 quarter.
More supply goes to the market means dump.

is DogeCoin leaving in the near future? it looks like it is close to that speculation. We really can't expect much more for DogeCoin, the fact is they do too many horrible pumps. as a result the signs of the decline continued. but all can not be predicted with accuracy, the CEO of Tesla always makes conspiracy theories for followers, most of whom are dominated by DogeCoin holders with Elon Musk magic tweet. and the right decision for holders of large amounts of DogeCoin such as OP, then immediately exchange them with coins that are much more valuable in the long term.

Too much speculation and with how Musk brings the hypes, it's better to split your assets, having thousands of Doge as OP stated sell some while hold also some portions of your wealth.

There are lots of advise that's being brought here, try to look for what you think is best for your money, even you just find something really good, a fortune in disguise as the value of Doge is really awesome by now.

Take your money as you deserve to enjoy the luxury.

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March 21, 2021, 04:24:41 PM
 #32

Hey everybody,

I've just found an old wallet with thousands of dogecoins inside.

Since I'm a newbie, I would have some advices about exchange with others Altcoin. I was  thinking about exchanging my XDG for ETH. Is it worth? I should keep my Doge or exchange with other coins?

Thanks for help

I mean even though DOGE Coin is kinda trendy and being hype by Elon Musk I wouldn't really hold this token at all or invest in it since it more like a gamble because it doesn't have any utility.

I'm thinking where Elon Musk could give the DOGE coin a utility like for example DOGE coin can be used buying a Tesla unless Elon doesn't really care and just hyping the token, it just too risky if you consider it as an investment to earn a good profit.

For me, it's better to hold other altcoins than this DOGE coin, something like BNB, ETH, ENJ, CHZ, MANA. something that is hot at the moment would give a lot more better when it comes to profit and for long term investment.

.
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March 21, 2021, 04:35:41 PM
 #33

Too much speculation and with how Musk brings the hypes, it's better to split your assets, having thousands of Doge as OP stated sell some while hold also some portions of your wealth.
The OP is holding a mere thousands of doge and it is not a huge amount, let him keep that for the long term and then book the profit than splitting them up, if you were holding even hundred thousand Doge then you could have sold a bit and wait for the right moment to sell the rest but since it is thousands it does not make sense as the valuation is below $80.
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March 21, 2021, 05:04:06 PM
 #34

Hey everybody,

I've just found an old wallet with thousands of dogecoins inside.

Since I'm a newbie, I would have some advices about exchange with others Altcoin. I was  thinking about exchanging my XDG for ETH. Is it worth? I should keep my Doge or exchange with other coins?

Thanks for help

People here can only suggest you altcoins but please do your own due diligence on the coins before investing in them. After being on this forum and seeing people scamming, I can say most have their own agenda to promote this include their altcoin.
So be wise and choose carefully.
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March 21, 2021, 05:27:06 PM
 #35

DOGE seems to be missing Elon Musk's tweets at the moment. In fact, there are millions of coins on the market that are superior to DOGE. It's preferable to turn to a new coin. I am unable to provide investment advice. But, in my opinion, BNB, One Peace, and Cosmetic Atom are the easiest projects to follow. This is not, once again, tax counseling.

I think the easiest way is buying coins of exchanges like BNB, FTT, KCS, Huobi etc. I expect bnb to go up till 400 usd. when Huobi coin  hits the bottom i will also buy it.

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March 21, 2021, 05:59:07 PM
 #36

for me you can exchange 40% to stable coin like usdt, and 40% to eth, btc, bnb, while the remain 20% should remain in doge coin, with that you can play safe and still earn profit on the longrun. 

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March 21, 2021, 06:07:15 PM
 #37

Too much speculation and with how Musk brings the hypes, it's better to split your assets, having thousands of Doge as OP stated sell some while hold also some portions of your wealth.
The OP is holding a mere thousands of doge and it is not a huge amount, let him keep that for the long term and then book the profit than splitting them up, if you were holding even hundred thousand Doge then you could have sold a bit and wait for the right moment to sell the rest but since it is thousands it does not make sense as the valuation is below $80.


I would still sell at least 50% of the DOGE and exchange it for BTC, ETH, BNB,... These coins are a better fit to hold longterm and will probably have a better ROI than just holding all your DOGE. With the rest of the DOGE, you can wait for another pump and than sell some more.



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Rainbot
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March 22, 2021, 08:06:14 AM
 #38

May i know why you want to exchange your dogecoin ? If it is from old wallet, then you already have the profit from it.
You can take your profit by selling your doge to USDT, although it will be a different story if you want to re-invest your profit.
Maybe the best choice is BNB coin. BNB coin will be burned over time and that will makes the coin price higher.

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March 22, 2021, 08:48:59 AM
 #39


Never sell your dogecoins. If you are thinking of converting it to other digital currencies, why not move to bitcoin, which is both more stable and rising in price?Or if you are looking for more profit why not buy Harmony (ONE)? Have you looked at the chart?




But given the conditions of ETH and its high fees, I recommend that you do not buy it or think about buying a lot of it.


he already gained with doge which i guess the wallet is a very old one. i think its his old wallet that he had forgotten a long time ago.
since you see doge had already gone up, he should just keep the doge for longterm because it's certain to be going to run up again. it's not as if the coin is useless, we all are using it on casinos and there are even businesses accepting doge.









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March 22, 2021, 08:58:07 AM
 #40

Quote
Last Active:    February 25, 2021, 06:13:17 PM
He probably sold already, so stop spamming your signatures.  Roll Eyes

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