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Author Topic: Doge is to hold should not be trading  (Read 1937 times)
doomloop
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May 13, 2021, 06:25:21 PM
 #41

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.
The biggest problem everyone might not be aware of is that there is no cap for the total supply of dogecoins which means there is no fixed number of coins and there can be unlimited coins in the future so holding dogecoins doesn't make any sense specially since there is no staking mechanism neither it has a fixed amount like BTC which helps to increase the value of BTC in long term.

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May 13, 2021, 06:45:39 PM
 #42

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.

You guys didn't know anything why he pump dogecoin, didn't you?

Elon Musk did pump dogecoin as a joke for a meme and you guys still believe that this shitcoin will be accepted as a payment for Tesla? It's a big joke to me if you ask but if you believe Elon Musk will continue to pump this shitcoin, well then good luck with that.

If you guys have the time to dump it already just do it because Ethereum is slowly dropping and I think the hyped pump of dogecoin will end soon. Don't put too much hope for this shitcoin you will eventually going to hold bag of this coin or sell it in a low price. Enough with your greedy thinking this isn't going to go far than what you think.

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May 13, 2021, 07:02:18 PM
 #43

Dogecoin price flucuation is like a side ways price map. Which is quite risky to do in short term trading. Because in short term trading we choose a coin which price should be fluctuate  like upper or lower time. Means when the price will be gone high or when the price trying to go lower. But in dogecoin we didn't see it. Its price updown is soo low thats why we can't use any strategy like SNL CHANNEL. If doge coin price rising or dumping position is horrible then it should be trading friendly coin. No matter because where we got profit by holding then trading is not necessary.
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May 13, 2021, 07:10:09 PM
 #44

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.
The biggest problem everyone might not be aware of is that there is no cap for the total supply of dogecoins which means there is no fixed number of coins and there can be unlimited coins in the future so holding dogecoins doesn't make any sense specially since there is no staking mechanism neither it has a fixed amount like BTC which helps to increase the value of BTC in long term.
It is just an abnormal hype where people is attracted by something shining and expensive. Soon, doge will be wipe out and return to its natural value. I do not care of doge too much, unless in gambling because it is fast and convenient to me. I suggest people should reconsider before joining doge or any meme shitcoin

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May 13, 2021, 07:17:53 PM
 #45

People are so deep into the dogecoin thing that they aren't thinking rationally anymore and just follows what one person says on twitter. The increase on doge in just a short span of time is huge, and who's to say that there aren't big holders out there that are tempted to sell their coins right now? It's always better to exercise caution and due diligence, especially in a market that is dominated by fast moving coins that haven't received any signifcant updates for years.
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May 13, 2021, 07:38:34 PM
 #46

Dogecoin price flucuation is like a side ways price map. Which is quite risky to do in short term trading. Because in short term trading we choose a coin which price should be fluctuate  like upper or lower time. Means when the price will be gone high or when the price trying to go lower. But in dogecoin we didn't see it. Its price updown is soo low thats why we can't use any strategy like SNL CHANNEL. If doge coin price rising or dumping position is horrible then it should be trading friendly coin. No matter because where we got profit by holding then trading is not necessary.

Doge is tough to follow, there are influenced behind this coin that only those big holders understand. It's rsiky to follow this project
after the huge pumped that happened,

With Musk tweets lots of movements happened, you have to choose your investment from how you understand the developments and
not just because of the hypes that being created.

You'll save your investment if you know what you are doing and you know how to value assets to hold and let go.

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May 13, 2021, 07:41:39 PM
 #47

I strongly believe Doge will be a sustainable incremental coin, with the help of Tesla.
As much as Elon Musk is pumping the dogecoin he fails to explain what benefits dogecoin offers above other cryptocurrencies because while other blockchains like ethereum and Polkadot and even BNB solves a problem, dogecoin is just a coin with literally no use in the real world.

I believe in the management of Elon Musk, the number 1 billionaire in the world.
But, he doesn't manage dogecoin, he just likes the coin and is pumping it without any real motive.

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
No, I don't agree and feel like laughing at this instead. Being fond of something doesn't make it a worthy investment either, I like to eat chocolates doesn't mean I should start investing and holding them.



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May 13, 2021, 07:44:31 PM
 #48

I think it is worth postponing the sell. Altcoins just started to rise in value
As long as Musk is holding the hand of dogecoin it might be doing ok but once he stops tweeting about dogecoin you can see the market gradually starts declining which underlines the distrust in the market. People are solely reliant on Musk for their purse which is a dangerous prospect for any trader and investor.

I think Musk is going to face a lot of heat once this bubble bursts. Because, by considering the circulating volume of dogecoins, I am really afraid how he is going to manage all the future dumps. I do see all the old people started checking their old stash of dogecoins and crypto whales may start eyeing on dogecoins. So, anything could happen in near future.

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May 13, 2021, 07:50:28 PM
 #49

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

This is the effect of Elon's hype. More people now become optimistic that a meme coin can turn into a worldwide payment method.

I'm not against your view but you should play in-between, not just on the expecting big and positive side.

For now, why not just try to enjoy the shilled meme coin by taking profits thru trades and not to think advanced about the future of it as your thought was unrealistic for now. Accumulate, buy, sell endlessly so in case your speculative thoughts will come true, you have lots on your bags.

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May 13, 2021, 07:55:10 PM
 #50

People are so deep into the dogecoin thing that they aren't thinking rationally anymore and just follows what one person says on twitter. The increase on doge in just a short span of time is huge, and who's to say that there aren't big holders out there that are tempted to sell their coins right now? It's always better to exercise caution and due diligence, especially in a market that is dominated by fast moving coins that haven't received any signifcant updates for years.
They should realized that thing before its too late or ending up on holding like forever when the price tends to make out some big correction.Its true that a single person tweet

did really make out significant impact on that meme coin which shouldn't really be taken off seriously.Im not saying Doge is shit but we know that there are

much far more better than that.I do even see some coins that closely related to Doge which is that Shiba Inu which had been the main hype atm.

R


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Insanerman
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May 13, 2021, 08:26:43 PM
 #51

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

NO. Strongly disagree with your statement that it will be sustainable. It wasn't even made with any fundamentals nor has any use-cases at all. I'm not an anti-Doge but i'm pro facts. Hype isn't a great support to a coin nor its growing community alone. The community can change their perspectives with just a single FUD and not all of the Doge community can handle those FUD nor this current dip. Elon himself is just meme-ing with the people and you can't know how can he profit from the community's hype. Largest community owned coin? I don't think so. But largest hype-owned meme coin fits it better.
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May 13, 2021, 08:57:01 PM
 #52

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.

There’s no guarantee on this one especially now that Elon dumped BTC, so this can also happen to DOGE as he manipulate the market so don’t trust Elon that much, I see him as a traitor. If you want to hold DOGE then you can do it, but personally I’d rather trade with it and take securely my profit.
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May 13, 2021, 09:09:43 PM
 #53

Glad you added with the help of tesla(Elon Musk) cause without those tweets dogecoin will probably be the stagnant coin as we all know it to be, dogecoin isnt a steady incremental coin imo, cause Elon Musk eventually stops tweeting or talking about it I'm. Not sure the last community alone will be able to make dogecoin price pump, we all know how dogecoin was regarded as an outcast tbefore the Elon effect, If I had any dogecoin I would trade it for another crypto asap cause its just a gamble coin nothing special about it.

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May 13, 2021, 10:33:38 PM
 #54

Glad you added with the help of tesla(Elon Musk) cause without those tweets dogecoin will probably be the stagnant coin as we all know it to be, dogecoin isnt a steady incremental coin imo, cause Elon Musk eventually stops tweeting or talking about it I'm. Not sure the last community alone will be able to make dogecoin price pump, we all know how dogecoin was regarded as an outcast tbefore the Elon effect, If I had any dogecoin I would trade it for another crypto asap cause its just a gamble coin nothing special about it.
I also believe on this one since DOGE is just an ordinary meme coin before and there's no big progress with DOGE since then. I don't see any reason to hold DOGE for long term, not unless they introduce big project in the market and introduce big development not just a meme project then I'll buy. For now, the hype is still on-going with DOGE so I have to actively trade with it.
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May 13, 2021, 11:04:54 PM
 #55

No doubt we all know  that doge is just a meme coin and does not have any use case, but now it's no longer same story again since Elon musk joined this crypto space, he has used his influence to help pump the price of doge through shilling. Since his is the the richest man in the world today, many believes in him and would want to invest on any coin which he hype, recently I saw a post stating space x will accept doge as means of payment and also tesla will do so, this is actually a signal that doge coin will pump massively.

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May 13, 2021, 11:28:52 PM
 #56

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
If you are going to believe and trust Elong for his support, that was your choice. I don't lift you out but instead, I want you to experience being fooled by broken promises. Anyway, I'd never heard Elon Musk says about his strong support for Doge, so there is nothing to believe.

You still have time to think about it, and I think that the majority are saying already their unconditional support for Doge as they were also seeing the huge dump happen sooner.
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May 14, 2021, 02:57:28 AM
 #57

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

If we are going to comment on Doge "socially", ok:
Yes! It's fun to know that Doge is a Meme.
Yes! It is fun to know that there is no limit on the issuance of that token. (inflationary control)
Yes! El-On Musk <3 Doge.

Now, trading discussion: there is nothing that in the long term will support its price to lead to the conclusion that Hodl is the best way.

 What has happened with doge is a vulgar manipulation. It is not about being against Doge.

There is a sensation effect, perception, but you are not looking or analyzing the market correctly, with Doge you live a just today, squeeze it as much as you can, but it is TODAY, TODAY is the best time to do trading and make a profit.

Anyway doge will always be a beautiful MeMe.
 

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May 14, 2021, 03:18:06 AM
 #58

Elon Musk just worked with doge developer. Testla is accepting doge payments very soon. I hope Elon Musk doesn't announce doge rejection like he rejected btc
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May 14, 2021, 03:28:11 AM
 #59

Elon Musk just worked with doge developer. Testla is accepting doge payments very soon. I hope Elon Musk doesn't announce doge rejection like he rejected btc

Decentralized currencies should never have self-appointed dictators. He is now dogecoin's leader and making decisions regarding it's development. This is exactly what we don't want happening in bitcoin. Doge is a centralized shitcoin now and Musk worshippers look like deranged buffoons.

Unless they decide to burn a large amount of the circulating supply and reduce it's inflation significantly then there is not a lot of room for it's price to keep increasing.

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May 14, 2021, 03:35:44 AM
 #60

If tesla and spaceX accept doge payment, next doge will be listed on coinbase and finally doge is burned some amount then i think the price will be very high
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