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Author Topic: Doge is to hold should not be trading  (Read 1928 times)
asyakashi
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May 18, 2021, 07:44:32 AM
 #121

everyone has their own way, so we can't sue that person to be the same as you do, doge to hold or invest? or doge for trading? for me, it is buying doge for trading, because if I invest it is very risky the reason is that Doge has always been known as a pump and dump coin, so it is only natural that many crypto veterans think like that.

Well, I have the same thoughts as you, I did not follow the Hype that Elon Musk made it quite dangerous, when buying a price close to $1 is now a broken market. People who are in cryptocurrency starting from 2017 must understand, that doge is just a professional coin pump and dump, I heard the developer doge involved a case so that doge can not be developed further. It's just a meme coin.

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May 18, 2021, 07:47:22 AM
 #122

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
It might look promising at the moment but imagine Elon Musk suddenly abandoning Dogecoin, it will surely go down hard since it is mostly relying on it with all the improvement it is getting right now. If people would think about it much wiser, they will see how risky investing on Doge is going to be. It would be best if you would focuse more on other potential altcoins rather than hoping too much for Dogecoin just because Elon Musk has been constantly advertising it on twitter. You might end up regretting as unfortunate events starts to happen with it like Elon Musk giving up on it.
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May 18, 2021, 07:47:54 AM
 #123

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.

The bitcoin team is working mysteriously, Elon Musk seems to have planned before his arrival in bitcoin, But I see Elon Musk is just trying to manipulate prices, I think it's an unhealthy development. I prefer bitcoin to rise slowly but not easily to be torn down. It's healthier it seems.

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May 18, 2021, 09:05:33 AM
 #124

The reason why this coin gonna be big in the future is just because of elon musk and the situation between elon and bitcoin community getting worse and i think elon will keep supporting doge so it will make bitcoin community mad.

Smitty Werben Man Jensen
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May 18, 2021, 09:13:03 AM
 #125

The reason why this coin gonna be big in the future is just because of elon musk and the situation between elon and bitcoin community getting worse and i think elon will keep supporting doge so it will make bitcoin community mad.
I quite doubt Elon Musk will continue to support Dogecoin,
because in my opinion Elon Musk is only increasing Dogecoin by way of sensation,
even so, we'll just wait for what he will do to Dogecoin in the future

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May 18, 2021, 11:33:19 AM
 #126

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
hmmmm, funny the title of your post reads like that. I am just going to leave this here.

https://bitcointalk.org/index.php?topic=5338023.msg57029116#msg57029116
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May 18, 2021, 12:13:50 PM
 #127

Nobody exactly knows who has been keeping the big amount of Doge. One can only assume. We certainly do not know whether Tesla helping Doge or not if it is true we can say it will be a more sustainable coin. If traders will not trade Doge how can you think the price will push further so trading is as important as holding for the growth of any coin.

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May 18, 2021, 02:35:08 PM
 #128

If you bought at top ( $0.70 ), i think its better to cut loss and buy again at lowest as possible. If you hold and your average buying price is $0.70. When it really hit $1 mean you only can profit 30% of your investment but you have risk doge could probably going under $0.01. Dogecoin lowest price is arround $0.005.



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NorvsGanda
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May 18, 2021, 08:30:52 PM
 #129

Yes. With all of the project related announcements about doge and its progress in the market, we can say that it will have some big movement in the future. Not to mention the support that Elon Musk is giving to that coin
Don't rely too much on Elon Musk, and it can be another rejection like he did in bitcoin. We already know that Dogecoin was meme coins. It's because of Elon tweets that's why it has grown so much this year. It's still impressive that meme coins were growing like any other popular coins. I'll like to see the future of Dogecoin if it can still hold like this.
Like what you've said it "was" meme before. Please stop looking at Elon Musk, just look at the progress and development of dogecoin itself. Yes, influence of Elon Musk has a big contribution on where the dogecoin right now but we cannot deny that doge is really became useful in a lot of people and businesses as well. In fact it is being used as payment on some business/establishments.

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May 18, 2021, 09:18:33 PM
 #130

Man yes and if any one tells you no tell them please be quiet, I pulled out of doge last year thinking it was done for literally missed out on a million dollars listening to people in this  forum who never invested into doge
Coin Price Forecast believes DOGE will almost reach $1 in the run-up to 2030, eventually hitting $1.0381 by 2031.

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May 18, 2021, 09:59:31 PM
 #131

There is no cryptocurrency that cannot be used for trading purposes its just a matter of having the necessary skills to trade the financial markets.
Trading is not just a thing that anyone can do, it takes learning, knowledge and a lot of practice to master it, when you master the art of trading, you can trade any financial instrument

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May 18, 2021, 10:11:34 PM
 #132

There is no cryptocurrency that cannot be used for trading purposes its just a matter of having the necessary skills to trade the financial markets.
Trading is not just a thing that anyone can do, it takes learning, knowledge and a lot of practice to master it, when you master the art of trading, you can trade any financial instrument

I agree that all crypto can indeed be used for trading, but the problem is not everyone can make profit from trading. It takes knowledge
and experience to be successful when trading, so we need to learn first to be able to analyze crypto price movements in the market.
After that, start trading with a small capital, if it is successful, we can slowly increase our capital. As long as we have a strong will,
there is always a way. The conclusion is that Dogecoin can be used for trading, it doesn't have to be holding Dogecoin to make a profit.

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May 18, 2021, 10:19:16 PM
 #133

How could you convince yourself to buy DOGE 3 years ago for a penny and become a millionaire now?
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May 18, 2021, 10:41:44 PM
 #134

dogecoin had the opportunity to show these achievements thanks to elon musk and tesla. If it weren't for them, Dogecoin would probably not be known to many people in the market right now. By this time, those who traded dogecoin have been able to make good profits. but after that if elon musk quits dogecoin support, dogecoin will be hurt. but if tesla accepts dogecoin as a payment method, it can be hold, as dogecoin will be valued in the future.

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May 18, 2021, 10:57:52 PM
 #135

Be careful to hold Doge for a long time! It is not recommended to hold a coin that basically improved its price based on the hype only. Don't you think someday Elon probably leaves Doge and even tweets something bad about Doge? Then, the value of Doge will return to cents (cheap) anymore. Even you already got big money from this coin currently, it doesn't guranratee for the security of holding it for a long time. I suggest buying and holding those coins that have strong fundamentals such as Ethereum, BNB coin, DOT, LINK, or other top altcoins.


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May 18, 2021, 11:20:19 PM
 #136

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 many people can we protect from those hype announcements? Elon Musk is a billionaire because he has another knowledge, but cryptocurrency is different. Here he is nothing more than a scammer. Although only newbies were following his tweets and believe he doesn't scam cryptocurrency. If you were following Elon Musk since Bitcoin launched, now maybe you will hate Elon Musk. Elon Musk has no idea what he tweeted about cryptocurrency.
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May 18, 2021, 11:27:02 PM
 #137

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?

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May 19, 2021, 04:39:59 AM
 #138

I never seen any crypto going up forever, there are always uptrend and downtrend, currently DOGE soar too much because of the Elon Musk tweet's. In this current price will be high risk to hold DOGE, the historycal price of DOGE is always pump and dump, we just dont know when the exact time for that.

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May 19, 2021, 04:44:20 AM
 #139

you only become a fanboy after elon said blah blah blah, actually i really hate this person right now but i don't deny the possibility that doge might become a coin with communities around the world hopefully what you hope will happen.
whether it can happen or not. I think dreaming too far for Dogecoin will not be good for our investment. there is a better asset to hold on to than Dogecoin. especially in the current corrective market conditions, Dogecoin could be manipulated by many holders.

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May 19, 2021, 05:05:13 AM
 #140

I think the local area is starting to construct interest with doge and such interest is significance purchasing, trading or exchanging it against different coins. The cost of a coin is significantly influenced by the law of interest and supply and this is brought into impact by merchants who effectively purchase and sell these coins. I do discount the way that it is entirely feasible for an influencer to make a coin siphon however that is not the significant explanation coins siphon.
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