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Author Topic: Doge is to hold should not be trading  (Read 1928 times)
BOAEDAN
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June 01, 2021, 11:44:34 PM
 #201

doge is better if used for long-term investment, because doge price movements are not as much as other coins do, if you want to get daily profit then you have to buy coins other than doge and do daily trading, for example buying bitcoin.

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redwine49
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June 02, 2021, 10:56:08 AM
 #202

I pity those who plans to hold dogecoin because if what people told them, dogecoin isn't bitcoin and will never become as good as bitcoin because dogecoin is a meme coin with infinite supply, it's already too damn late to apply some other utilities I believe so why hold for long term?
You'll never stop them.
If they think that dogecoin is a good hold for them. Do what they want because no one will ever stop them from believing on it as a good long term hold.
The supply is infinite and the price has been dropping although it has pumped a lot compare to its price last year.
We don't have to stop them. We just want to tell the risk of holding dogecoin.
Which mean they need to be carefull or maybe they will learn when they alr loss alot of money
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June 02, 2021, 01:49:06 PM
 #203

Runs out of use? He never even found a use for it, other than to flip it at 1000 satoshi for Bitcoin. Trust me, he never saw a use in it other than to make money, just like any other crypto chad. And he doesn't mind admitting it, which is what every speculator needs to do! Own the shill and own the speculating behavior;)
Most probably, he just shill on it to make more money. for those who belive that Musk will make something until now there's no
actions that being tak aside from tweeting and letting his followers to speculate.

It's traders and investors decision whether they'll be going to but this coin or they'll leave it at the hands of Musk,

Your research and your own assessment will help you best to trust it.

It's a perfect strategy for influencers with loads of sheep willing to do whatever they were told. We had John McAfee do it. We even had Jamie Dimon do it, both are guys from both sides of the crypto/noncrypto world.

Not we have a tech entreprenuer doing it.

I would do the same if I could. Fomo when I want to sell. FUD when I wan to buy.

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June 02, 2021, 05:22:16 PM
 #204

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

Dogecoin became the choice of many investors as long as Elon Musk accepted it as a means of payment for the Tesla company. If you ask about the global community, they don't just make Dogecoin their main focus.
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June 02, 2021, 09:38:31 PM
 #205

hold for what? doge has no project, no plans, and can't grow, doge is just a meme coin that has risen due to hype, and I think elon is just using it for personal gain, elon will never accept doge as a Tesla payment
It is that simple and yet people do not see it, if people want to speculate with dogecoin then they are free to do it, but if anyone wants to do that then they need to be completely ready to get out of the market at the first sign of problems and yet we see here that people do not want to do that and they are free to do that as well, but when they lose almost all their money in dogecoin then they are not going to have any right to complain as we warned them many times this was a bad idea.

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June 02, 2021, 09:50:05 PM
 #206

Don't get too carried away, most of those people who you see hyping one coin or the other always put their interests first before any other thing, they do not care about what you have to say, they only care about what their pockets or wallets have to say. If you have noticed, Doge coin can be said to have no use case which can cause it to grow in price, but once a tweet is made about it, it starts pumping. The question now is, what if those hyping it decides to move to another which they can scoop from, won't they find ways to hype it as well and what will become of Doge coin?
Just follow the trend but don't get carried away, good coins will always be good coins, and they will always grow as a result of their use case. 
Lastly, any coin can be traded, most people believes it's better to trade a coin other than to hold it, and vice versa.
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June 02, 2021, 11:00:05 PM
 #207

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
Elon Musk is just manipulating this crypto market even though he isn't the number 1 billionaire in the world. I'm sorry 😔, none of these cases I can't agree with you. As your newbies experience, I strongly advise you to leave Dogecoin if you want a huge profit. I know Dogecoin has been in the top list even though I don't think Dogecoin will be a sustainable incremental coin.
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June 02, 2021, 11:08:40 PM
 #208

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
yes I agree with your thinking, because Doge might be Doge Musk haha,
we already know Elon musk has a lot of followers and he is the richest man in the world, of course with this figure,
Doge becomes an extraordinary thing in the world of crypto currency , many people are just now getting to know Doge,
and there are rumors that Doge could replace Bitcoin, what do you think?

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June 03, 2021, 02:38:18 PM
 #209

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
yes I agree with your thinking, because Doge might be Doge Musk haha,
we already know Elon musk has a lot of followers and he is the richest man in the world, of course with this figure,
Doge becomes an extraordinary thing in the world of crypto currency , many people are just now getting to know Doge,
and there are rumors that Doge could replace Bitcoin, what do you think?
Maybe you should know this news.
https://www.theguardian.com/technology/2021/jun/02/elon-musk-tweets-tesla-sec-settlement
Other than crypto thing, SEC said that he also tried to manipulate tesla share.
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June 03, 2021, 02:56:16 PM
 #210

With so much good news about doge that it caught everyone's attention to buy it so the price went up and the hottest news i heard that doge will be listed on coinbase pro can definitely have a good impact

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June 03, 2021, 03:03:37 PM
 #211

With so much good news about doge that it caught everyone's attention to buy it so the price went up and the hottest news i heard that doge will be listed on coinbase pro can definitely have a good impact
dogecoin has always been like that. this is related to how the community responds to the news that has been published. maybe later there will be interference from people like Elon who take advantage of the situation.
but to be honest, I myself have never kept Dogecoin for a long time. In fact, most often I use it to move my money from the exchange to my personal wallet. but that was before the price increased to what it is today. because maybe some exchange platforms provide more expensive dogecoin withdrawal fees than TRX.

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June 03, 2021, 04:12:51 PM
 #212

It's people's choice in the end. If I bought some Dogecoin, I would set a goal and HODL it until I reach my goal. I wouldn't want to trade it for another coin in such situation. So I also think that HODLing could be better until a point.

It is the bigger fool theory at the end of the day - you are simply hoping to sell to someone else at a price much higher than you bought it. That is a strategy by itself, but you need to look for things that can drive such price appreciation in the asset you're going to hold. As it happens, Dogecoin surprisingly has a lot going for it - fond support from "celebrities" and the recent deletion of 40%+ of the total available amount. Due the the large volume it is also much more practical as a usable currency than Bitcoin's limit of 21 million. The fact is that people are at all different stages of life and will be allocating their assets accordingly, at some point "hold" will turn into sell - I'd rather make a regular income from a dividend stock than pray that a cryptocurrency has not collapsed in value when coming to sell it.

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ningrum
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June 03, 2021, 04:31:49 PM
 #213

It's people's choice in the end. If I bought some Dogecoin, I would set a goal and HODL it until I reach my goal. I wouldn't want to trade it for another coin in such situation. So I also think that HODLing could be better until a point.
That would be very funny to me, because not all coins can be suitable for HODLing within a certain period of time, because there are so many junk coins that have been forced to HODLing until now and do not provide anything for the holder, as well as Dogecoin if Dogecoin returns at its basic price, you will only get a breath of fresh air. Grin
all coins can be held, no one can't, because if you trade on the spot you can hold it for the long term,
yes you can in futures trading too, but it is very risky, because it has a liquidity price that can make you lose your capital,
Hold Doge in your wallet and make sure it's safe

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Golftech
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June 03, 2021, 05:12:04 PM
 #214

It's people's choice in the end. If I bought some Dogecoin, I would set a goal and HODL it until I reach my goal. I wouldn't want to trade it for another coin in such situation. So I also think that HODLing could be better until a point.
That would be very funny to me, because not all coins can be suitable for HODLing within a certain period of time, because there are so many junk coins that have been forced to HODLing until now and do not provide anything for the holder, as well as Dogecoin if Dogecoin returns at its basic price, you will only get a breath of fresh air. Grin
all coins can be held, no one can't, because if you trade on the spot you can hold it for the long term,
yes you can in futures trading too, but it is very risky, because it has a liquidity price that can make you lose your capital,
Hold Doge in your wallet and make sure it's safe

If you do believe that there are good future ahead then why not but if you are into short term investment

better to work with this coin in a short span, buy low sell high is still managable with this coin as it has

a huge volume and the market keeps moving up and down.
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June 03, 2021, 06:51:46 PM
 #215

I think you have too high expectations for this meme coin Smiley
from your words alone it is clear that this meme coin will only increase because of the help of Tesla and billionaire Elon.
then what will happen if in the future they leave the doge?
I don't think this is good in the long run because these meme coins are just entertainment coins and it will be good if we take advantage of the situation. but if doing it long term i'm not sure it will be profitable Smiley

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fortune1002
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June 03, 2021, 06:56:41 PM
 #216

Yes, Doge is doing good nowadays because Tesla is promoting it and also Coinbase pro has listed it. So it's price has increased very high and it will get more success. Now many users will attract and buy Dogecoin due to Coinbase pro listing.
Alanaz
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June 03, 2021, 07:01:18 PM
 #217

if doge is bought and then held, then how do these billionaires pump it? Smiley because purchases must also be in accordance with existing sales because the cycle must be like that, there must be trade in order to grow trading volume and price value, if buying and holding it how will it grow price volume?
other than that what to expect from a hold doge? Smiley i think if you buy then hold you will give up the profits from the pump and you don't take advantage of that good situation :V

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June 03, 2021, 09:54:47 PM
 #218

Keep holding till when? These are meme coins. No actual usage and very risky to hold. No active development too. The price depends on tweets. Literally depends on someone tweeting about it. Coins like this are better to sell when you are in good profit. Once you are done selling, then wait for it to crash. It will crash eventually. Once it crashes, invest again and keep repeating. This is how all those meme coins right now works. They just need to be hyped. That's it.

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June 04, 2021, 04:17:28 AM
 #219

your belief is of course not the same as other people, if you really believe in doge then hold the coin no matter what, but other people can also argue, I don't really idolize dogecoin so my opinion is normal about this, no offense.
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June 04, 2021, 05:41:33 AM
 #220

all coins can be held, no one can't, because if you trade on the spot you can hold it for the long term,
yes you can in futures trading too, but it is very risky, because it has a liquidity price that can make you lose your capital,
Hold Doge in your wallet and make sure it's safe
Do you have dead coins in your wallet because you held them too long? if not, then you are very rarely active in crypto because a lot of junk coins have no value now even though in the past they had value, but they were made only to be pumped for a while and then dumped to death by themselves.



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