Doge is to hold should not be trading

[Ridwan Fauzi]

Crypto currency price is depend on the fundamental factor, I mean if there is a good news from the fundamental factor like company A is trying to adopt the coin for payment system then it won't take a long time to see a huge increase that will happen. Like a few days ago when Elon Must will adopt bitcoin as a tool to buy Tesla and we have seen a huge increase from bitcoin price.

It will be like that for Dogecoin, its price will just increase when Elon Musk is trying to adopt it. In a few months before there so many tweeted from Elon Musk about dogecoin and just made this coin price increasing a lot even now it is in the top position as a coin that has a large volume. But, we have to be carefull to him, they can manipulate the doge price movement like has happened to bitcoin. Remember they have a lot of money and they can buy the coin with a large amount moreover dogecoin still has a low value.

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[jinxing]

Although there are many pros and cons regarding the significant growth of Dogecoin which is boosted in popularity by a well-known billionaire, most people also certainly have the same hope that Dogecoin can become more valuable in the future and can compete with other Altcoins.

[redwine49]

A lot of people are getting deceives by Elon Musk on investing to DOGE for him to make a lot of profits on it. For me, doge coin is just a meme coin, it was practically just a hype coin and investing on it is a double edge sword, if you know what I mean. If you don't know how cryptocurrency works, I suggest stay out of DOGE coin because you might end up crying if the whales sold their doge coin while you guys are sleeping and you'll wake up having your profits and capital at lost.

ya, but meme coin quite viral right now. you can take a look by your self.
shiba inu for example or safemoon. it's a brand new memes coin without product can rise up to 100x
all because of the crypto meme king. Dogecoin lol

[dunfida]

A lot of people are getting deceives by Elon Musk on investing to DOGE for him to make a lot of profits on it. For me, doge coin is just a meme coin, it was practically just a hype coin and investing on it is a double edge sword, if you know what I mean. If you don't know how cryptocurrency works, I suggest stay out of DOGE coin because you might end up crying if the whales sold their doge coin while you guys are sleeping and you'll wake up having your profits and capital at lost.

ya, but meme coin quite viral right now. you can take a look by your self.
shiba inu for example or safemoon. it's a brand new memes coin without product can rise up to 100x
all because of the crypto meme king. Dogecoin lol

There would really be some domino effect when it comes to price increase in several coins in the market which is been tagged along with this meme coin.
with this unpredictable market then you can really see these coins pop out from nowhere and then suddenly been pumped just because of other projects in
the market which is currently being hyped or shilled.This is why you should really be careful when someone do consider on buying up some meme coins.
I dont even consider on entering on Dogecoin right now.

[Benefactor]

I think the local area is starting to fabricate interest with doge and such interest is significance purchasing, trading or exchanging it against different coins. Absolutely it ought to be exchanged, utilized for exchanges of purchasing and selling which will make volume and value rise. I couldn't say whether the information with the US and EU people group are genuine.

[isaac_clarke22]

~

Back then I looked Dogecoin as something worth hodling because it was pretty mentioned like a lot in cryptospace but now I am seeing it as purely hyped coin aside from it being a memecoin just after this Musk issue happened.
I am not considering it now hodling nor trading.

[TelolettOm]

The current market doge seems to be manipulated. because every tweet elon musk will change the price. whether it goes up or down depending on what tweet elon musk makes. and of course this is what I think is not good in cryptocurrency. take advantage of influence to be able to change prices. elon musk easily changes the price of the doge very briefly. so I suggest if you are trading on a Doge pair to always pay attention to your trading patterns and risk management

[Azizul28]

You may be right in terms of getting profit. But it's not good sign for total crypto market rising doge coin similarly meme coins. Moreover, doge coin seems not decentralize so that there are high possibility to ban crypto in many countries due to rise of doge rather than any mainstream coin like bitcoin, ETH, BNB. 

[TheGreatPython]

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 is good, but being backed by a community is not better than being backed by the world. So, dogecoin still has a long way to go to be able to match some of the top coins in the market, but let's look forward to when it's going to reach to that level. It's good that Elon musk and Tesla are supporting Dogecoin, and I do believe for sure that as your topic reads, dogecoin is mainly for HODL and with time it is going to grow just as Bitcoin has been doing, and will also reach a really high price level.

But, I am just hoping that it is not going to get to a moment when Elon Musk is going to lose interest in it and then Tesla will be forced to drop it along the way, because that is really going to affect the price of dogecoin heavily and it is going to crash to a low point.

[Woodie]

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.

Sustainable you say...no chance!

This coins survival depends on a billionaires speculative tweets other than that it can not survive on its on!.

If only we can challenge Elon Musk to stop with his tweets and see if dogecoin is as independent as the picture being painted right now.

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 it's not , who promoted it to this.

[udidrone]

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 Tesla really support DOGE, maybe people can save around 10%-20% of their investment for surprise in future. But in case they leave Dogecoin, 80% Dogecoin that we hold, at least we still feel high price before it is dumped. Both things that happen in future, we can minimize what can cause we regret because not missed any moments of Dogecoin.

[Tiaraairdrop]

The answer will be answered in a short time ahead, but the topic of Dogecoin is always very interesting, when looking at the transaction volume that is always at the top, this is not something any coin can do.

[Peanutswar]

Until now there are a lot of people still believing in Elon Musk as you see from the previous tweets of him there's another market hype and dump recently we saw the tweet of him supporting the use of the Doge coin and next is trying to fool around other people and make a joke regarding with the doge after that the price of the coin dumps, as we experience another post and reason of the bitcoin falls back from the price of the 57k it drops immediately with the 47k USD in just a single day and its take a hard time for the bitcoin to take back on the track.

Back on the doge coin every one has the rights if they want to trade or to hold this kind of meme coin but I think wether you hold or trade there's a chance you win or lose your money because of the market volatility

[tvplus006]

If you understand where you need to set a stop loss when opening an order, and really assess the risks, then you can trade any coin for the sake of making a profit. But for beginners, such a rash investment, which is based on Elon Musk's tweet about Doge, is very risky, and will eventually lead to a loss of money.

[Maslate]

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 hope so but I never saw such a sustainable incremental thing. What I could see from Doge is not promising and you can't simply think that this hyped coin will give you a thing "sustainable" coz that seems impossible.
Just open your eyes and ears, I believe you can see and hear something on Doge. Don't get fooled by this rich person Elon. He is just playing your minds and it won't help you anyway. He is just bragging you out and gives you losses once he has done on Doge.

[taufik123]

Don't trust other people too much. elon does have a big influence on the increase in DOGE, but all of that has also been manipulated. There will come a time to go up and down. Don't get caught up with the FOMO that's going on. Doge is also used to trade by taking advantage of every increase and decrease in price quickly, DOGE was also good for long-term investment, but for now Doge has reached a very high price.

Better to be careful and stay alert. Don't get caught up in the Whales game.

[Ridwan Fauzi]

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

Doge is being used by most people including Elon Musk as pump and dump coin. I strongly afraid to hold this coin especially for long term investment. Take a look bitcoin now, what has done by Elon Musk? He gave a false hope and you still believe to him?

So, I just thinking based on the situation that has happened that doge is good for trading place not for short or even long term investment. You can buy doge coin at the lower price and sell it when the pumping has happened. Just believe to your analyst and choose coin that you think that the coin is deserve to be a good coin in the future.

[Issa56]

From my research I won't really advise anybody to invest much in doge because higher percentage of the coin is being hold by few particular set of people so if anything happens and one of them decide to sell his coin definitely the coin will dump but you can definitely invest in the coin but you don't have to invest much in the coin you have to learn about risk management before investing in the coin. I know the coin might pump but likewise it can dump at any moment.

[Stedsm]

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

Yeah, just the way he ditched Bitcoins, right?
Do you really think he's doing any good to crypto or especially a coin like Doge really deserves such price tag?
That guy is suffering from "passionate ego" where he wants to make things be done the way he wants them to be done and he's doing everything to force people to FOMO into Doge and "buy it today" as it there's going to be no tomorrow. The mentality of traders has been shifted from making consistent profits to making nonsensical but quick profits so to save everything today as if they're not going to be there tomorrow. Tell me something, do you really think Elon is here (out of his den) to share his hard-earned wealth and reputation with you?

[fancy2973]

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.

If he really owns the majority of the coins he kind of is the leader not only through self-appointment. He owns a substantial stake perhaps and has skin in the game. I would rather listen to someone who has skin in the game than to someone who has not.