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Author Topic: I never thought I would do this  (Read 666 times)
tabas
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March 22, 2021, 09:19:24 PM
 #21

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.
There's no staking in Dogecoin, if you see a service that offers it make sure that it's coming from a legitimate service because if you don't. There is a big chance that you're only depositing to a scam website.
And not because you usually see memes about it, that will be your metric to buy. You still have to make your own research why you're buying it.

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March 22, 2021, 09:32:50 PM
 #22

But i just create wallet for doge coin  Grin
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?"

Straight forward! But that's reality, invest only if you are willing to take the risk, the hypes around this market can easily emptied

your pocket, once you decide to buy certain project you must understand that there are always other side of from your expectations.

Buy now if nd only if you are done with your homework, anticipating what would might the next market movement is very useful, though

with your first step, always back it up with good understanding.
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March 22, 2021, 09:34:50 PM
 #23

But i just create wallet for doge coin  Grin
Should i buy coin now?




you don't need to buy doge or other cryptocurrency, even you already create a dogecoin or other coin wallet mate
because its not necessary for you to buy doge after creating a wallet, except you believe if doge is a good investment, then you should buy doge and hodl it
regards
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March 22, 2021, 09:39:34 PM
 #24

But i just create wallet for doge coin  Grin
Should i buy coin now?





if my advice is that instead of you buying DOGE, then you better buy another cryptocurrency that has more potential for the price to increase very high and I recommend you to invest in :
1. BNB
2. DOT
3. ADA
4. ROSE
5. DASH
because I am sure if the price will definitely continue to increase every time and give you a big profit.

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March 22, 2021, 09:40:42 PM
 #25

But i just create wallet for doge coin  Grin
Should i buy coin now?


Depends on you!

We do have different views when it comes to altcoins specially with Doge.Majority do see on how this coin been hyped by Elon.Right?

Dont let yourself get caught on the peak but somehow you can really play up with the moving price.It is cheap but considering on the entire supply
then its really easy to obtain tons of coins but of course this will always vary or differ with someones financial capacity.

As long you are aware with the risk then go ahead, its your money and dont listen on what others been saying.

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March 22, 2021, 09:46:34 PM
 #26

while not use multiwallet instead of Dogecoin wallet or maybe you intend to make dogecoin your primary investment. I have seen a lot talking about dogecoin not a great investment but I still prefer doge over thousands of altcoin. It is the one of the oldest crypto so I am very sure it can not go into extinct. most people that hold dogecoin do so because of the love for it.
I actually regretted not investing in doge before, I keep on seeing it before and just thinks of it a meme coin with much lesser value before and seeing its price now and how Elon uses Doge to hype now makes me buy some it. If oo have extra money it will be good still to buy and wait. I maybe just buy some to lessen the regret.
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March 22, 2021, 10:02:31 PM
 #27

The fact that you created a wallet already, that means you are interested with the coin, so why not buy now and hold it if you trust its future.

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March 22, 2021, 10:14:58 PM
 #28

The fact that you created a wallet already, that means you are interested with the coin, so why not buy now and hold it if you trust its future.
He gives the effort for this and that probably because he wanted it.
Well, I have to say good luck to OP. Dogecoin isn't really a promising coin but the fact that it still exists in the market for a very long-time and the value still there, not that possible it soon to rally high just like the others.
Remember that Elon Musk shilling Doge, that might the reason for some people to take the risk for this coin.
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March 22, 2021, 10:24:10 PM
 #29

What you are doing is a good thing by first creating a wallet for Dogecoin before buying Dogecoin. This means that you are ready to become
a Dogecoin holder, now all you have to do is buy Dogecoin according to the budget you have. Moreover, the current Dogecoin price has fallen 34%
from the ATH price which was successfully achieved one month ago. So now is the perfect time to buy Dogecoin in my opinion.

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March 22, 2021, 10:27:29 PM
 #30

The fact that you created a wallet already, that means you are interested with the coin, so why not buy now and hold it if you trust its future.
The intention can change anytime and even some bad suggestions can affect his decision not to invest in the dogecoin. Too many buzzwords around doge coin. I do believe it can happen.
I see no reason to invest in doge when the market gets dipping for now.
It may be a disaster for anyone who has tried to get into the doge market yesterday

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March 22, 2021, 10:50:38 PM
 #31

You buying dogecoin should depend on if you feel dogecoin has something to offer in the future not because anyone in here say you should, cuz if eventually there's a loss after buying, its only you that will bear the cross, so I will not tell you to buy rather I would advice you to DYOR, and find out good reasons why you need to buy and hold doge coin for the future, if you find any good then go ahead and buy, but if you don't just move away and look for a more interesting project out there.

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March 22, 2021, 11:04:26 PM
 #32

But i just create wallet for doge coin  Grin
Should i buy coin now?

What kind of wallet is that? I used Dogecoin qt-wallet years ago and also did some mining as well. I never seen this though, must be a new one. This looks like an online wallet, I don't feel confident about these type of wallets. Better have your private keys and stay offline if you can.
You shouldn't buy DOGE for high price though, it was less than one cent months ago, now it's more than 5 cents. The coin price works on speculation. The risk is too high for this price.

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March 22, 2021, 11:07:19 PM
 #33

But i just create wallet for doge coin  Grin
Should i buy coin now?




if you believe DOGECOIN will increase very high in the future and give you a lot of profit, then of course you have to buy DOGECOIN, but if you are in doubt then you better not need to buy DOGECOIN, because in my opinion there are many other cryptocurrency that are better than DOGECOIN for investment.
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March 22, 2021, 11:26:06 PM
 #34

DOGE is very volatile, you can’t win on this token if your emotion is weak since its volatile compare to other tokens. Elon is a very influential person, one positive tweet can change the price but if its negative, I’m sure bottom will be seen with DOGE so stay careful and mindful buying this.
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March 22, 2021, 11:40:03 PM
 #35

Currently the price of DOGE is very high compared to when the price of Doge before the hype as it is now. I'm just afraid that
if you now buy Doge coin , the price will go back to the beginning. It may still be possible to trade short-term, but it's very risky,
I'm not suggesting, if op is not experienced in daily or weekly trading.

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March 22, 2021, 11:45:33 PM
 #36

If you will ask that question here in the forum, you will on;y get a biased answer. Because peope who are holding and invested in dogecoin will say that it is the best time to but it and you will earn huge profit but those people who actually know the dogecoin, its credibility, stability and market trend, will say that if you want to lose money then but dogecoin. What I am trying to say, it should be you who will analyze that coin/token.

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March 22, 2021, 11:47:44 PM
 #37

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.

Doge price was not even at $0.02 this year. The price pump started at $0.008+ to about $0.086 price zone. So at 0.05, Its still considerably high except averaging down is one of the option to use and trade it in case it doesn't go towards upwards.

if you believe DOGECOIN will increase very high in the future and give you a lot of profit, then of course you have to buy DOGECOIN, but if you are in doubt then you better not need to buy DOGECOIN, because in my opinion there are many other cryptocurrency that are better than DOGECOIN for investment.

I believe so too because Dogecoin marketcap and price is too high at this time that's why it would not be easy to make much moves and probably because there are cheaper tokens with more upside potential.
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March 22, 2021, 11:52:51 PM
 #38

Don't hurry to buy. You need to learn about the future of Dogecoin first. As long as you are not sure to buy and hold Dogecoin, you are better to choose other coins. Even if you have Dogecoin wallets, it doesn't mean you must have Dogecoin. Kindly forget or leave the wallet if you see the future of Dogecoin is bad. There are too many better options, you don't be stuck on Dogecoin only.

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March 23, 2021, 12:23:26 AM
 #39

Well, we all miss the big hype that happened a month or two ago where it went to more than 200 satoshi per DOGE. Now I am not sure if it will go back down to the price I am really comfortable dealing with which is 24 to 28 satoshi or not. For me with Bitcoin rising, satoshi's value also goes up and in that sense, alts are becoming more expensive to buy. If DOGE became expensive then traders will resort to going to other alts that are on the 20 to 30 satoshi range.

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March 23, 2021, 01:43:12 AM
 #40

Congrats on the new wallet!!!
NowBuy DOGe and hold it to the moon, lambo loading  Grin Wink

Cause is not before and effect is not after
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