Oshan-T
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March 24, 2021, 03:00:18 PM |
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Not a great investment choice. But god knows what will happen. Your investment might go either way. Remember the golden words, "Don't invest what you cannot afford to loose"
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tvplus006
Legendary
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To the moon
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March 24, 2021, 03:36:42 PM |
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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.
Apparently, OP decided to create a Dogecoin wallet after another pump that followed Elon Musk post on Twitter. Therefore, he does not know that it is much easier to work with various coins, having a multi-currency wallet. Moreover, he does not know that it is possible to do without such a wallet, using an exchange wallet, if a small amount of money is stored on it.
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Cling18
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March 24, 2021, 03:37:16 PM |
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But i just create wallet for doge coin ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Should i buy coin now? ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FKdeEys9.png&t=665&c=hHJs--XrMtQQmg) If you have done your own research and it exceeds your expectations, then why not? As long have you have the guts and confidence to invest in it then do so. You only have to look for the potential of Dogecoin first so you won't have regrets in the future. Only you could decide because things will depend on how you trust Doge in the first place.
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shinratensei_
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Merit: 1025
Leading Crypto Sports Betting & Casino Platform
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March 24, 2021, 03:47:45 PM |
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Not a great investment choice. But god knows what will happen. Your investment might go either way. Remember the golden words, "Don't invest what you cannot afford to loose"
I think that when he already decided to create doge wallet and he knows that how much the safe amounts can be invested in the dogecoin. Elon is FOMOing bitcoin by giving a very good announcement about tesla to accept bitcoin as a payment and it looks like elon is rarely tweeting about doge again. This might not be a good idea to take doge as an investment but this coin is not so bad as well. I just wanna see how dogecoin will be going on without the tweet from the musk.
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Review Master
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March 24, 2021, 04:28:21 PM |
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But i just create wallet for doge coin ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Should i buy coin now? Every huge hodlers of dogecoin or users from pump-dump groups be like, "Buy Dogecoin as it'll hit $1" and FA (Fundamental Analysis) be like,"Am i joke to you!" ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Better to stay out from those coins/tokens which don't have that much strong fundamental use-cases in the long run. Instead of taking entry into dogecoin, better to take trades on other alts according major events or TA, IMHO.
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Asuspawer09
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March 24, 2021, 05:07:35 PM |
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Probably not, I mean I would put a DOGE coin in a wallet where I cannot easily dispose of it, in short, I will not hold a DOGE coin for long-term investment.
I guess the best way was just to put your DOGE coin in an exchange or in a wallet that you could easily swap your DOGE to another cryptocurrency. I mean I do not trust tokens that just increase its market price because of hype in social media or hyped by Elon Musk, for a long-term investment it will just slowly dump its market price.
There is also another version of DOGE coin projects that are made in the past months that actually has a utility or an upgraded version of DOGE coin that means this DOGE doesn't actually have its use yet.
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sana54210
Legendary
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Activity: 3248
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March 24, 2021, 07:03:52 PM |
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I do believe in a different capability of any cryptocurrency, well i'm just being used to be a judgemental to cryptocurrency way back bitcoin was yet fresh in the digital world, which i didn't also expecting that bitcoi. Will hit its previous ATH of $60,000. So investing in DOGE as long as you can see a good future in it, then why not. We may have our own interpretation and conclusion so far today in DOGE but who could precisely predict the future of DOGECOIN right.
The thing is, the more we invest into "joke" coins, the less money there is for the actual good ones. Who decides which one is good and which one is bad? Well technology does if you ask me, there are so many projects that improved upon the previous ones and created a much better blockchain but we are looking at something as funny as doge. Nobody could convince me about the fact that dogecoin is a good coin, it is not a good coin and it wasn't even created to be a good coin neither, it was created as a joke and people just took it too far. This is why I do not think that it would mean anything in the world to invest into doge at all. If everyone who ever owns a single cent of doge sold all their money, crashed doge price, used that money to buy even bitcoin if they want to but would be better if it was something high tech, that would make the crypto world better.
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uneng
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March 24, 2021, 07:37:29 PM |
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I have so much sympathy for doge, but I don't have interest in buying it right now because it's full of hype, so the price is probably too artificially expensive and next to saturation. Of course it may be just a wrong impression by my side and doge will keep rising for some time yet, no one can predict it for sure.
Anyway before investing you need to ask yourself, does it worth the risk right now? Aren't there better options in crypto market?
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Lantind
Sr. Member
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March 25, 2021, 06:03:59 AM |
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Not a great investment choice. But god knows what will happen. Your investment might go either way. Remember the golden words, "Don't invest what you cannot afford to loose"
Golden words like this have been heard very often and everyone who invests always understands risk and uses free money or money that he doesn't use in his daily life, so don't worry about other people, let alone carry the name of God in everything, because God the all-seeing will always give fortune to those who always try in a good way.
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bolawin (OP)
Copper Member
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Merit: 7
buy bitcoin, hodl bitcoin
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March 25, 2021, 01:46:37 PM |
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There is also another version of DOGE coin projects that are made in the past months that actually has a utility or an upgraded version of DOGE coin that means this DOGE doesn't actually have its use yet.
can you share what coin is that?
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buy bitcoin, hodl bitcoin
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Review Master
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March 25, 2021, 03:36:20 PM |
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Especially with the current ramifications of Twitter, plus Elon Musk who continues to show his support for Dogecoin, I think from a profit perspective, Doge can be a good investment if you buy and sell it properly
Without any doubt, i can agree with this as we need to take advantage of any situation without any kind of fomo. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Whenever Elon Musk made tweets about Dogecoin which pumped it as well as eventually dumped afterwards and surely, many of us made huge profit by taking short postion on degecoin future trading. So, it's a great oppertunity to make profits, but it's not good to hodl dogecoin for long term purpose. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Pamadar
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Merit: 1028
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March 25, 2021, 03:42:50 PM |
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Especially with the current ramifications of Twitter, plus Elon Musk who continues to show his support for Dogecoin, I think from a profit perspective, Doge can be a good investment if you buy and sell it properly
Without any doubt, i can agree with this as we need to take advantage of any situation without any kind of fomo. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Whenever Elon Musk made tweets about Dogecoin which pumped it as well as eventually dumped afterwards and surely, many of us made huge profit by taking short postion on degecoin future trading. So, it's a great oppertunity to make profits, but it's not good to hodl dogecoin for long term purpose. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Not good if you failed to make your sell in the right timing. It's tough since Doge it's been played a lots of time, each tweets coming from Musk create market movements for this project. There are opportunities if you know how to buy low and sell high. Easy to say but very risky for those who are not capable of holding and waiting for the pump.
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worldofcoins
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March 25, 2021, 03:49:31 PM |
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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.
It doesn’t matter if an altcoin is oldest then it should preferred because it has infinite supply. Even the bitcoin has limited supply. So it’s for sure that Doge coin will not always remain this high.
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*meoww*
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Review Master
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March 26, 2021, 07:25:15 PM |
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~
Not good if you failed to make your sell in the right timing. It's tough since Doge it's been played a lots of time, each tweets coming from Musk create market movements for this project. There are opportunities if you know how to buy low and sell high. Easy to say but very risky for those who are not capable of holding and waiting for the pump. That's the main point to make successful trades on any situation and i personally observe, whenever any users buy any coin/token, it dumps a lit bit and those users think like panice hodlers that it won't rebound and sell off. But at the end, that coin/token pumps a lot and those users regret for not hodling that coin/token ( personally i get to know with this type of people ). So, it's bascially about not being into fomo and think differently with solid analysis and market trends. Also, sometimes market moves into the other direction which wasn't expected by the majority. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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