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Author Topic: Doge is to hold should not be trading  (Read 1928 times)
NeuroticFish
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May 13, 2021, 07:10:21 AM
 #21

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

You can see what has happened to Bitcoin. That may happen at any time to Dogecoin too.
Also Dogecoin has a huge tail emission, making it a rather poor long time investment - the demand for it has to rise continuously to keep the price, unlike Bitcoin where constant demand is fine.
However, DYOR and invest wisely. And try to discuss altcoins .. in the altcoins board  Wink

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May 13, 2021, 07:13:36 AM
 #22

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

You're wrong. Doge is just a toy of one guy, it should be accepted as soon as possible. It is completely subservient to the manipulation of one man. That it is total supply present in very large numbers, and many can still have it for a small amount of money does not mean he had a strong or largest community.
Even if their billions of supporters, this does not mean much if one guy, with just a few words, can back them to the bottom.

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Obito
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May 13, 2021, 07:33:10 AM
 #23

Dogecoin is not a serious project. It is irrational to be putting so much faith in an unhinged megalomaniac like Elon Musk. It is not a store of value so there is no reason to be holding it. Dogecoiners are deluded by their own greed.
Tell that to the people who earned a big profit in DOGE, they will just laught at you. Nothing wrong hodling it, the coin did pump in prices and I think the right advice is to not to go all in with DOGE but you should consider putting some money in it. Also, any coin that is listed on an exchange should be traded, it makes their market be healthy.
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May 13, 2021, 07:49:26 AM
 #24

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

Nothing wrong if that's your view however we are not on the same floor. Dogecoin is part of my portfolio but that's just it. I will just take advantage of it thru swing trades. I still don't see any fundamentals about that coin.

Didn't you know that if Elon able to shill that coin and raised, with just one action against Doge, he can crash it intentionally? That's the risk in Doge as there is a big manipulator and the Doge community is only reacting and relying on his action.
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May 13, 2021, 08:53:20 AM
 #25

Man the reasoning of "with the help of Tesla" already killed my hopes of it actually being a coin that has a future removed from actual influence. You know somethings wrong when a supposed meme coin started turning into something that has substance, when in reality it doesn't, due to the influence of one person. Definitely a coin that people could take advantage of in the short term due to Musks influence, but that itself is already an indicator that its market wouldn't last. Unless, of course, Musk and Tesla keep it going.

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May 13, 2021, 10:28:47 AM
 #26

Elon musk keeps on pushing Dogecoin to the moon, so I think as of now Doge should still good or holding, as Tesla already rejects payment using bitcoin and Elon Musk has tweeted something that seems related to Dogecoin, I think that we can see Dogecoin to the moon in some other day because of that. Just hold it for a short term because it is not good of holding a long term as it only got hyped because of Elon Musk, and a coin that is only funded with one person wouldn't be really good for the long term. Bitcoin will still be the one to hodl.

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May 13, 2021, 11:38:25 AM
 #27

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

How is it suddenly DOGE become the most potential coin when it was used to be garbage? and why is still always have to pattern the success of crypto to Elon Musk? He is a billionaire, I get it, but isn't it massive adoption that will make a coin successful? not someone who is just shilling it.

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May 13, 2021, 12:01:59 PM
 #28

I have no doubt of your statement because elon have a great influence and might make some other rivals intend to use doge just as I have read on social media. However Doge also face competition from newly created meme coin
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May 13, 2021, 01:13:50 PM
 #29

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

How is it suddenly DOGE become the most potential coin when it was used to be garbage? and why is still always have to pattern the success of crypto to Elon Musk? He is a billionaire, I get it, but isn't it massive adoption that will make a coin successful? not someone who is just shilling it.
right, what I understand is that until now cryptocurrency has no real function in life other than trading. I think we must be able to think realistically, that currently many people are adopting doge, so that the price is increasing, and we should not believe it too much, because there could be a massive dump in an instant, and if you experience 2018, then very understand
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May 13, 2021, 02:01:42 PM
 #30

I have no doubt of your statement because elon have a great influence and might make some other rivals intend to use doge just as I have read on social media. However Doge also face competition from newly created meme coin
I never think that Elon Musk will give him some shares of the profit that he got from Shilling Doge. OP got stuck, maybe. He able to think that Doge will keep rallying and Elon Musk keep pumping the price which was a ridiculous thing.

Dogecoin will soon to give up and getting back to its position before. I hope OP will realize this thing now because Doge has no market potential and no way to compete with others. In fact, without Elon, I don't think it comes out like this or it's still lying dead.

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May 13, 2021, 02:01:57 PM
 #31

Elon Musk is just an influencer who helps to raise the doge, I think there are other parties behind the scenes who are more influential than Elon Musk. nowadays doge is like a miracle in terms of price, but we have to know how long the doge can survive in this trend.

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May 13, 2021, 02:17:05 PM
 #32

Yes Doge is good, sustainable and I concern about its max supply ( being unlimited ) and I don't know how this factor affects financial progress of Doge !?!
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May 13, 2021, 02:17:10 PM
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 #33

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 may not but it was your market perspective and opinion. If ever you are wrong, I am not to blame. But just wanted to give some warning of what you are doing. Spend some time to think about it, check the history of Bitcoin and then you might able to see what really be the possible future of this coin. Because no matter what will happen to you, Elon Musk will just laugh and he never helps you. This person was manipulating the Doge price and you can't actually think that he will continue to support Doge till the end.
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May 13, 2021, 02:42:13 PM
 #34

Dogecoin is not a serious project. It is irrational to be putting so much faith in an unhinged megalomaniac like Elon Musk. It is not a store of value so there is no reason to be holding it. Dogecoiners are deluded by their own greed.
Tell that to the people who earned a big profit in DOGE, they will just laught at you. Nothing wrong hodling it, the coin did pump in prices and I think the right advice is to not to go all in with DOGE but you should consider putting some money in it. Also, any coin that is listed on an exchange should be traded, it makes their market be healthy.

Well, there's nothing wrong holding it indeed but be aware that DOGE has no strong a foundation as other big do have so you should still know your limits, know when to make exit. Not gonna lie DOGE becomes one of the most profitable coins right now and there's nothing to go with the flow but once Elon saw an opportunity to take profit I think that would be the end so if you are taking the trend just be ready all the time because we don't know what's gonna happen. Just DYOR.



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Tiaraairdrop (OP)
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May 13, 2021, 03:11:03 PM
 #35

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 may not but it was your market perspective and opinion. If ever you are wrong, I am not to blame. But just wanted to give some warning of what you are doing. Spend some time to think about it, check the history of Bitcoin and then you might able to see what really be the possible future of this coin. Because no matter what will happen to you, Elon Musk will just laugh and he never helps you. This person was manipulating the Doge price and you can't actually think that he will continue to support Doge till the end.
The first quarter of 2022 SpaceX accepts payments in DOGECOIN. What is the enterprise value of this project is still unclear
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May 13, 2021, 03:18:06 PM
 #36

There is information for more than 1800 ATMs to withdraw doge coins in the US and by the end of this year will be 10,000 ATMs, does anyone have this information?
Tiaraairdrop (OP)
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May 13, 2021, 03:24:09 PM
 #37

Yes Doge is good, sustainable and I concern about its max supply ( being unlimited ) and I don't know how this factor affects financial progress of Doge !?!

I also have the same thought as you, the amount is too large and if not burned, the value will be difficult to grow. But whose wallet will that new coin go?
imstillthebest
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May 13, 2021, 05:07:18 PM
 #38

will that be Verry risky if you hold doge coin for too long because what if Elon Musk drop his support for doge like he did with btc .
btc continues to dump at this time but it started earlier in the morning after the news came out and if there is a crypto with a large community that would be no other than Bitcoin and there are coins next to it that has a greater support  .
There are countries that are strict with btc but I don't think they will like a coin that is weaker than btc and only treated as a meme coin .
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May 13, 2021, 06:03:46 PM
 #39

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

Th world's largest community-owned coin has a couple of wallets with the majority of the total supply being owned by just a hand full of people. Whether you are a fan boy or you just like the coin or whatever, I will just say take care!

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fahmimajannat
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May 13, 2021, 06:08:20 PM
 #40

It should be hold untill elon Musk settled it as a payment system for tesla.
It price will jump sure. So hodl is the best option for doge.
Hold until it does a bank.

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