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Topic: I never thought I would do this (Read 622 times)
bolawin
(OP)
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buy bitcoin, hodl bitcoin
I never thought I would do this
March 22, 2021, 11:43:05 AM
#1
But i just create wallet for doge coin
Should i buy coin now?
buy bitcoin, hodl bitcoin
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goaldigger
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Re: I never thought I would do this
March 22, 2021, 11:59:20 AM
#2
Depends on how you see DOGE in the near future, and creating DOGE wallet doesn’t mean buying. Try to analyze it first, and if you’re thinking about the hype of DOGE then you should be more active monitoring DOGE because it moves faster than expected. Don’t buy just because of the hype, that’s risky.
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btcltcdigger
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Re: I never thought I would do this
March 22, 2021, 01:21:22 PM
#3
Quote from: bolawin on March 22, 2021, 11:43:05 AM
But i just create wallet for doge coin
Should i buy coin now?
Definitely. Buy doge, lose money, and then come and cry that crypto is a scam.
Man, it's up to you. DOGE bag holders will say "buy buy buy", but a rational person will say "are you f-ing kidding me?"
masterrex
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Re: I never thought I would do this
March 22, 2021, 01:32:47 PM
#4
Quote from: bolawin on March 22, 2021, 11:43:05 AM
But i just create wallet for doge coin
Should i buy coin now?
I think only you can decide that thing, it involves your own money so if you think that Dogecoin is worth your investment then you can buy and fill your bag, Just always remember in the saying invest only that you can afford to lose because in crypto industry anything can happen whether it is favorable or unfavorable with your part so think twice Mate.
criket
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Re: I never thought I would do this
March 22, 2021, 01:40:45 PM
#5
What are the reasons why you should invest in Dogecoin?
Is it because you just created your wallet?
take my advice, it would be better if you put your money in another altcoin asset. dogecoin has had a pretty good moment this year. but momentum could go away at any time.
the stakes are with you. ready to lose I think you have to face it.
X-ray
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Re: I never thought I would do this
March 22, 2021, 01:51:36 PM
#6
If you are thinking doge is still undervalued and it has potential to go even higher than the current price and then that would be fine for you to buy that but if you are feeling doubt about that and then you should never buy this coin.
I personally will never try to buy memecoin with a high rate like doge.
Just because it was getting shilled by elon musk and it doesn't mean doge has a good usecase.
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Ziskinberg
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Re: I never thought I would do this
March 22, 2021, 02:00:06 PM
#7
I'm not sure you are just hype and think about investing in Doge as Elon Musk did in the tweet. No, man. Even it was been promoted by this person, you should also have to check if that coin is really promising, have a profitable market or not. Many have suffered losses because of bad thinking and overhyped. Seeing the current Doge position in the market, it was enough for you to think if it's a good idea or not.
I don't want to stop you but just giving you some tips for you to consider in choosing a coin for investment.
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Javi_Anibarro
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Re: I never thought I would do this
March 22, 2021, 02:13:07 PM
#8
If you do not know how it works or you do not use it for a real use case(like store, payment system) nor adoption, I suggest you stay away from it because it will not sustain at this level of price. The entire thing was brought by hype from Elon and eventually will be back to where it belongs.
Dogecoin is as good as a meme but it is just it, do not underestimate it but also do not overestimate it.
As of now, it is extremely overpriced, whoever buys it at this moment for the sake of investment will end up getting burned.
Gozie51
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Re: I never thought I would do this
March 22, 2021, 02:44:54 PM
#9
I have heard everybody pulling doge coin down but the price has moved from 0.02 to 0.05 this year. Doge coin may keep some surprises going but the big issue is the number and it is handled by community so burning may not happen.
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Fesatmas
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Re: I never thought I would do this
March 22, 2021, 02:53:41 PM
#10
Did you miss the latest news, DogeCoin is becoming Elon Musk conspiracy theorist, so we're not sure if DogeCoin will soar any higher. but regardless because you have a way of looking at DogeCoin for the future. because it will still decline so be careful if you want to buy Doge.
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TWW
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Re: I never thought I would do this
March 22, 2021, 02:58:27 PM
#11
Quote from: Gozie51 on March 22, 2021, 02:44:54 PM
I have heard everybody pulling doge coin down but the price has moved from 0.02 to 0.05 this year. Doge coin may keep some surprises going but the big issue is the number and it is handled by community so burning may not happen.
the infinite number could kill DOGECOIN at any time. it is possible that when more and more people dump Dogecoin it will cause the current price to collapse back into the price it was before the pump. To be honest, I don't believe Doge has a strong market to hold a dump until now.
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Re: I never thought I would do this
March 22, 2021, 03:10:12 PM
#12
Quote from: Fesatmas on March 22, 2021, 02:53:41 PM
Did you miss the latest news, DogeCoin is becoming Elon Musk conspiracy theorist, so we're not sure if DogeCoin will soar any higher. but regardless because you have a way of looking at DogeCoin for the future. because it will still decline so be careful if you want to buy Doge.
It looks like the true story about doge and elon. Can you drop the link to that news? im interesting to read more about that. I guess that's why the recent tweet that created by elon didn't give any impact to the price like a few months ago.
Infinity supply should be the main concern before he will try to buy some doge from the market.
Doge is a memecoin and it's a very bad decision to make it as a long term investment. I guess if he wanna try some bucks and it may not a problem.
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mirgo1791
Member
Offline
Activity: 1022
Merit: 10
Re: I never thought I would do this
March 22, 2021, 03:46:01 PM
#13
as there are available many offers of service with the doge, users to gains of return as the possession of token, as the extensive on work with the crypto finance might as user to finds out the detail with the price growth on movement and follow with the decision to buy on holding the doge token.
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kaya11
Full Member
Offline
Activity: 1302
Merit: 110
Re: I never thought I would do this
March 22, 2021, 03:48:48 PM
#14
Quote from: bolawin on March 22, 2021, 11:43:05 AM
But i just create wallet for doge coin
Should i buy coin now?
I never had any Doge coin in my entire engagement in crypto currencies, but might be planning to have some later. What does it gives you when you hold doge? Are there any staking? I was just seeing post on social media, one of my friend-keeps on buying doge and make memes out of it and it's surprisingly makes my day . Maybe I should grab some asap.
bitbollo
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Nec Recisa Recedit
Re: I never thought I would do this
March 22, 2021, 03:52:39 PM
#15
Investing in altcoins isn't easy and despite the bull market, there isn't any guaranteed profit.
I get some data from this topic
https://bitcointalk.org/index.php?topic=2106360.0
"The next 100x or 1000x coin", where people trying to guess/suggest the coin that could receive a big pump during end of 2017 early 2018.
After 3 years:
13,18% Reported a positive result.
10.83% Reported a 0 (total loss)
the others just negative results (prices go down).
(full post here
https://www.publish0x.com/bitbollo-cryptocurrencies-blog/a-depth-analysis-of-bitcointalkorg-speculation-thread-the-ne-xpnnjwq
)
First of all you should ask your self why you want buy dogecoin... and not any other alt-currency or token available on coinmarket cap!
Because, there are some advantages while using dogecoin... but this is what are you searching for? Did you have make any previous research about other /Similar crypto coins?
Just as example banano (BANA) price has doubled in just few days!
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zulfi125
Full Member
Offline
Activity: 1382
Merit: 105
Re: I never thought I would do this
March 22, 2021, 04:21:56 PM
#16
DogeCoin should buy at a low price, and you can buy at your risk, and there is no use case of Dogecoin, which can be down and after reaching high price so you can buy if you afford the loss wait for 2x then you can be sold out.
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Bazlur
Member
Offline
Activity: 364
Merit: 12
Re: I never thought I would do this
March 22, 2021, 05:22:35 PM
#17
Since you have successfully created Doge wallet, you can definitely buy Doge coin. However, I think QR Code of your wallet should not be shared. Because there are some wallet apps where if you scan the QR Code the private key of the wallet comes out like Metamask. If you have a same wallet app for doge coin, your wallet is much more likely to compromise.
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oscarftw
Sr. Member
Offline
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Merit: 250
Re: I never thought I would do this
March 22, 2021, 05:39:47 PM
#18
Quote from: bolawin on March 22, 2021, 11:43:05 AM
But i just create wallet for doge coin
Should i buy coin now?
If you open a new wallet for every single altcoins, maybe one day you will forget some wallet. Use only a "Trust wallet", which will fulfill all your demand. Another point is about buying Dogecoin, not participating in any hype bullrun rally or already in a new ATH rally. Now Dogecoin isn't a secure investment for the long term, some high volume altcoins are much better. I won't mention the name to invest, do your own research.
isaac_clarke22
Sr. Member
Offline
Activity: 1596
Merit: 264
Re: I never thought I would do this
March 22, 2021, 07:08:52 PM
#19
Well you're still lesser than in the tip of an iceberg, OP.
You do your research now if you want to buy a DogeCoin.
I am not planning to invest any into that coin just yet, but it seemed to be getting a lot of attention especially from the celebrities like Elon Musk.
Dutchyyy
Legendary
Offline
Activity: 1197
Merit: 1001
Re: I never thought I would do this
March 22, 2021, 07:43:56 PM
#20
Quote from: bolawin on March 22, 2021, 11:43:05 AM
But i just create wallet for doge coin
Should i buy coin now?
Recently, Dallas Mavericks owner Mark Cuban predicted that the price of the token would eventually reach $ 1.
In a tweet, he said customers had used more than 20,000 Dogecoins in transactions for the Dallas Mavericks, claiming the franchise was now "the world's largest Dogecoin trader."
The Mavericks were among the first franchises in the NBA to recognize crypto as a form of payment for tickets and goods after they began accepting BTC two years ago through the BitPay portfolio company. DOGE has risen in recent months as billionaires, including Cuban and Tesla CEO Elon Musk, mentioned the coin on social media. Musk's tweets probably contributed to the rise in the price of the token to $ 0.01 in January to a record of $ 0.078.
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