Doge is to hold should not be trading

[redwine49]

Elon Musk has become a god in the world of cryptocurrency today, because just one tweet on twitter can influence the movement of crypto, especially Dogecoin and also bitcoin, like some time ago, when he tweeted if Tesla no longer accepted payments using Bitcoin for the purchase of the car, and its impact we can see bitcoin has drastically decreased the market price, and a few days ago he tweeted again to collaborate with the Doge developer and the impact was very much on the doge price in the market which suddenly experienced a strong price push to go up from the previous doge price decrease.
I don't know what else will be tweeted by Musk but what is certain is that now every Elon Musk's tweet makes crypto prices move wild.

No, he's not. He could be one of the influential people joining crypto but seeing what he does, we can say that it is much better he never comes as his purpose not to adopt crypto but just giving false hopes for the majority.
Now the market is getting crazy and even in the forum, we can see and read a lot of threads talking about Elon and blaming him. And talking about Doge, investors must have prepared for the dumps. We can't actually see what is inside the mind of Elon and we know that his tweets gives a huge impact on the market price.

Yeah, the higher the price, the more risky it is, we can lose ton our money if we commit a lot.
But everyone has their own choice to invest

It may take a long period of time before dogecoin has a good buy point for investors. The current price is too damn high and investing recklessly in doge coin at the moment can result in loss. Unless you are a trader, do not try to enter doge for a long time. Try to take profit because doge will soon be lower than $0.1

Ya trader doesn't care much about fundamental behind the coin.
They just ride the hype and buy or sell at the right time

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[inanilujimi]

Do not hold altcoins for too long just because of the hype, if the hype is gone the price can be slammed far to the bottom, we will never know who is buying or selling in large quantities, as I know, get out immediately if you get a profit and don't be too greedy.

[fileo]

From $0.74 to $0.34. I guess now is the perfect time to buy Doge and hold until reach the all time high. Although Doge is dump today I do believe it will recover again. Yes, hold Doge for long term base on your target price. Today not good to trade Dogecoin since the price crashing.

[xSkylarx]

I strongly believe Doge will be a sustainable incremental coin, with the help of Tesla. And I believe in the management of Elon Musk, the number 1 billionaire in the world. Do you guys agree with me that Doge is the world's largest community-owned coin. And the US and EU communities are very fond of Doge

Only doge believers that learned crypto because of Elon will agree with this. Dogecoin has unlimited amount of supply so holding it for long term is like gambling in a lottery. I don't believe it will reach the $1 target they want and even if it does many would be prepared to dump their coins to it and early holders will easily become millionaires. The top 10 holders didn't even move yet so the price can dump anytime. Dogecoin only became famous because of Elon this year and I don't think he really likes dogecoin, he just uses it as a distraction to buy more bitcoin to fund his SpaceX project.

[Xinarae*]

The future of Doge was much better but as the price of bitcoin has come down the price of altcoin has started to go down. So no one can guess how high it will go to hold the doge it will depend entirely on fate despite the growing demand for crypto investment in the crypto world bitcoin's dump has brought everything down doge will have to wait to see how much the coin will meet its target. We must maximize our profits and minimize our losses always be up to date with every price rise and fall etc technical chart table with updated news etc.

[Godwinpaul]

Dogecoin popularity is growing massively and this means that the value could be sustainable with the support of the community. Secondly, the impact of Elon musk and his promises of bringing huge development and higher demand for dogecoin (tesla accepting dogecoin) is an additional step to bringing dogecoin over the board.

[wajik-tempe]

Doge have no fundamental because the coin was made just as a meme coin and people usually buy it to transfer their fund between addresses due to low fee. Do you think elon musk is really supporting this coin ? or he is just making profits from their tweets. I even thought he will make his own cryptocurrency coin in the future.

[ChaoChibai]

I strongly believe Doge will be a sustainable incremental coin, with the help of Tesla. And I believe in the management of Elon Musk, the number 1 billionaire in the world. Do you guys agree with me that Doge is the world's largest community-owned coin. And the US and EU communities are very fond of Doge

I also think Dogecoin will be so hard to handle if we use it as a trading coin instead of investment coin. We can take a look at the chart at coinmarketcap, the price of dogecoin is so fluctuating, i believe it will be pretty hard to trade this coin

[Farma]

Personally, I would hold the current doge if I had the coin. well, I know that Elon Musk aims to increase the price of this coin. the increase in prices is now very high as a result of his work. however, I do see that Elon Musk tends to Doge over bitcoin. well, so I would probably hold on to the doge if I had one.

[poldanmig]

Don't trust Elon Musk too much. See what he did to BTC? At first he seemed to be very supportive of bitcoin, but now he's turned around. Is it possible that the same thing he would do to doge?

For the current doge market, it is very influential with what elon musk tweeted. This sentiment will make the market experience an increase or decrease. for other markets I don't think it's a problem. what is clear as a holder must be more selective in choosing altcoins. doge coin has experienced a high rise and for me doge trading is still a high risk for now due to bad sentiment from elon musk

[redwine49]

I strongly believe Doge will be a sustainable incremental coin, with the help of Tesla. And I believe in the management of Elon Musk, the number 1 billionaire in the world. Do you guys agree with me that Doge is the world's largest community-owned coin. And the US and EU communities are very fond of Doge

Only doge believers that learned crypto because of Elon will agree with this. Dogecoin has unlimited amount of supply so holding it for long term is like gambling in a lottery. I don't believe it will reach the $1 target they want and even if it does many would be prepared to dump their coins to it and early holders will easily become millionaires. The top 10 holders didn't even move yet so the price can dump anytime. Dogecoin only became famous because of Elon this year and I don't think he really likes dogecoin, he just uses it as a distraction to buy more bitcoin to fund his SpaceX project.

Let them take their own risk and we don't agree with them.

Dogecoin popularity is growing massively and this means that the value could be sustainable with the support of the community. Secondly, the impact of Elon musk and his promises of bringing huge development and higher demand for dogecoin (tesla accepting dogecoin) is an additional step to bringing dogecoin over the board.

Tesla has accepted bitcoin before and then elon musk said that they don't accept bitcoin because bitcoin's energy consumption.
Classic reason, elon musk knew long before he decided to buy bitcoin for tesla and himself.
Do you think that someday will not happen for Dogecoin as well??

[Psynthax]

Doge is fine the way it's used right now whether for trading or holding, anyone eventually wanna get out the market by cashing out their doges and if everyone hold, I know it could increase scarcity but the trading volume of this coin will be decreased too.

Doge have no fundamental because the coin was made just as a meme coin and people usually buy it to transfer their fund between addresses due to low fee. Do you think elon musk is really supporting this coin ? or he is just making profits from their tweets. I even thought he will make his own cryptocurrency coin in the future.

Elon's support for doge is temporary, he even planned to make crypto and he is against doge whale who own 65% total supply, people just believeing elon too much, maybe after elon leaves doge it will knock some sense to many people.

[kak uli]

I strongly believe Doge will be a sustainable incremental coin, with the help of Tesla. And I believe in the management of Elon Musk, the number 1 billionaire in the world. Do you guys agree with me that Doge is the world's largest community-owned coin. And the US and EU communities are very fond of Doge

Since Tesla Bos first joined the crypto space, Doge coin has been increasingly discussed and has become a coin that is very much in demand by crypto lovers. but if you look at the price movements I think for now Dogecoin needs to be stored longer in anyone's wallet if you have it. I also really believe in the potential that Dogecoin will have going forward.

[secretgirl]

yes, I agree if you say that doge is the coin belonging to the largest community and the US likes the doge coin. but I do not agree that doge is not good for trading. because in my opinion all coins are worth trading. indeed the doge's rise was very high yesterday, leading one to assume that with this coin, it is better to hold than to trade. Currently the Doge coin is also plummeting when the majority of coins are experiencing a decline in price. maybe traders will take advantage of moments like today, to start buying doge coins again. traders will definitely resell when the price will go up again, and all traders will definitely expect it.

[Golftech]

I strongly believe Doge will be a sustainable incremental coin, with the help of Tesla. And I believe in the management of Elon Musk, the number 1 billionaire in the world. Do you guys agree with me that Doge is the world's largest community-owned coin. And the US and EU communities are very fond of Doge

Since Tesla Bos first joined the crypto space, Doge coin has been increasingly discussed and has become a coin that is very much in demand by crypto lovers. but if you look at the price movements I think for now Dogecoin needs to be stored longer in anyone's wallet if you have it. I also really believe in the potential that Dogecoin will have going forward.

if Musk will continue to boost it up then we will expect more from this coin but if he stop and look

for another coin or create his own coin then the chance of moving forward may take long. Or also

possible that without Musk the fate of this project might ends up. It's a risk but if you do trust this

coin, holding can also gives you something decent.

[Trinx01]

Dogecoin increases its value because it is being traded that is why we can see that there is a high value of volume for this altcoin, but the thing here is that we cannot persuade someone to do what we want them to do or to choose what to invest if we are only a normal citizen, only popular persons can persuade people what to do and what to decide to invest just like what Elon Musk has done that makes Dogecoin to the moon.

[bhadz]

Don't think of Tesla as the leaning shoulders for Dogecoin or even Elon Musk. All of those efforts were for the sake of the hype and you will not know until when Elon is going to be the same for Dogecoin.
It's a hard basis if you're just into those people and company that you have no secured support. Dogecoin is really for trading and that's the same as bitcoin but bitcoin is more like of a gold than it.

[gamer4156]

The people group can change their viewpoints with simply a solitary FUD and not the entirety of the Doge people group can deal with those FUD nor this current plunge. Not certain the last local area alone will actually want to make dogecoin value siphon, we as a whole skill dogecoin was viewed as an outsider before the Elon impact, If I had any dogecoin I would exchange it for another crypto quickly cause its simply a bet coin nothing uncommon about it.

[kak uli]

I strongly believe Doge will be a sustainable incremental coin, with the help of Tesla. And I believe in the management of Elon Musk, the number 1 billionaire in the world. Do you guys agree with me that Doge is the world's largest community-owned coin. And the US and EU communities are very fond of Doge

Since Tesla Bos first joined the crypto space, Doge coin has been increasingly discussed and has become a coin that is very much in demand by crypto lovers. but if you look at the price movements I think for now Dogecoin needs to be stored longer in anyone's wallet if you have it. I also really believe in the potential that Dogecoin will have going forward.

if Musk will continue to boost it up then we will expect more from this coin but if he stop and look

for another coin or create his own coin then the chance of moving forward may take long. Or also

possible that without Musk the fate of this project might ends up. It's a risk but if you do trust this

coin, holding can also gives you something decent.

yes, that's true if elon musk no longer pump up the value that Dogecoin already has then it is possible that Dogecoin will suffer bad luck. but i think elon musk will make another surprise by giving a value or price to Dogecoin. i am sure it will be done by elon musk.

[Looper_U]

If Elon Musk quit hyping doge coin the coin will become worthless, newbies are the ones who know nothing about doge coin and still decide to buy this coin when it's so different and useless compare to many other crypto projects, the fastest way for Elon Musk to double or triple his billion is through a coin that costs to less, he carefully choose dogecoin