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Author Topic: Dogecoin will drop 90% more, better cash out to BTC now  (Read 619 times)
feelideb
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May 17, 2021, 11:52:19 AM
 #61

As good as it is to always stay in bitcoin for safety, I do not think doge will fall flat like people are predicting it to be. The meme trend is very much alive in my opinion. I think over the couple of weeks, provided that bitcoin is stable, we should expect some rally in altcoin and I believe meme coins will be leading in this regard!

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May 17, 2021, 11:59:28 PM
 #62

I agree a lot of people are getting bored of trading Dogecoin, because now there are so many choices of other coins that are more potential.
But because Dogecoin is an old project, I still believe Dogecoin will recover again. So I'm going to buy Dogecoin right now, because the price of
Dogecoin in my opinion is low enough to buy. But there is still a possibility that the Dogecoin price will fall even further, so I wouldn't buy Dogecoin
in bulk. I will buy 10% of the capital I have, because my biggest focus is still investing in Bitcoin.
Maybe Dogecoin will come back or recover soon after bitcoin price can increase because as this day, the crypto market is going on the red candle and that makes many coins, including Dogecoin is down following bitcoin price. The downtrend market will be temporary and I hope you do not panic and stay calm because this is a good opportunity to buy more amount for the potential coins. I will observe first for the Dogecoin and I think I will wait for a while before buying Dogecoin because I see the chance of Dogecoin price to go down will be there.

If we see the Bitcoin price is still down right now and followed by a few altcoins that have gone down too. It seems that there is a possibility that
the Dogecoin price could still go down again. Because as we all know altcoins usually follow Bitcoin's movements, so when Bitcoin goes down,
altcoins will go down too. Don't worry, I won't panic seeing the red market like it is today, I also believe this is temporary. Therefore I agree with you
that we should not rush to buy Dogecoin, because there is a possibility that Dogecoin could go down again. But because as I said, I bought Dogecoin
but only used 10% of my capital. So when Dogecoin turns even lower, I will buy Dogecoin again to get double profit if the Dogecoin price goes up.

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May 18, 2021, 03:42:35 AM
 #63

As good as it is to always stay in bitcoin for safety, I do not think doge will fall flat like people are predicting it to be. The meme trend is very much alive in my opinion. I think over the couple of weeks, provided that bitcoin is stable, we should expect some rally in altcoin and I believe meme coins will be leading in this regard!

How much juice do you really think there is left for Doge? Yes its possible for $1 however keep in mind that for Doge to stay at $1 it will need $500,000,000 worth of buys to offset the new mined coins per month, do you think its sustainable. I don't think so.

Even if it does go to $2-3, it will be temporarily and will come back down. The issue will be if there is a bear market there will be massive selling and people will all run for the hills and Doge might see a 95% loss within a year or so which is what happened with most alt coins in 2018.
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May 18, 2021, 04:02:54 AM
 #64

If we see the Bitcoin price is still down right now and followed by a few altcoins that have gone down too. It seems that there is a possibility that
the Dogecoin price could still go down again. Because as we all know altcoins usually follow Bitcoin's movements, so when Bitcoin goes down,
altcoins will go down too. Don't worry, I won't panic seeing the red market like it is today, I also believe this is temporary. Therefore I agree with you
that we should not rush to buy Dogecoin, because there is a possibility that Dogecoin could go down again. But because as I said, I bought Dogecoin
but only used 10% of my capital. So when Dogecoin turns even lower, I will buy Dogecoin again to get double profit if the Dogecoin price goes up.
Yes, I guess so because when I check on the market, the trend still downtrend and I do not know how long this will stay at the market. But I believe that is just temporary because bitcoin prices can increase and jump to the highest price. And who knows, after this correction, bitcoin price will have more strength to break $50k-$60k. This time, we need to be careful to manage our money to buy any coins, including Dogecoin, because if the price still down for more and we spend too much money to buy at the first price, we will not have a chance to buy the coin at a lower price. So be careful.

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May 18, 2021, 08:21:34 AM
 #65

Every day I start to believe that everything is cyclical in cryptocurrency. Remember how Bitcoin price dropped from $20k to $4k. Time has passed and the price has recovered. Remember how Ripple received SEC claims, that almost killed that altcoin. And now its price not just recovered, but also showed nice gains, even though there are still issues with SEC. Same will be with Dogecoin. After a drop, its price will recover. The only think we dont know is when it is going to happen. The only scenario to exchange Dogecoin to Bitcoin I accept is that a person believes that Bitcoin price will grow faster and earlier than Dogecoin will start price recovery.

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May 18, 2021, 07:59:52 PM
 #66

As good as it is to always stay in bitcoin for safety, I do not think doge will fall flat like people are predicting it to be. The meme trend is very much alive in my opinion. I think over the couple of weeks, provided that bitcoin is stable, we should expect some rally in altcoin and I believe meme coins will be leading in this regard!

How much juice do you really think there is left for Doge? Yes its possible for $1 however keep in mind that for Doge to stay at $1 it will need $500,000,000 worth of buys to offset the new mined coins per month, do you think its sustainable. I don't think so.

Even if it does go to $2-3, it will be temporarily and will come back down. The issue will be if there is a bear market there will be massive selling and people will all run for the hills and Doge might see a 95% loss within a year or so which is what happened with most alt coins in 2018.

Can they still realistically change the emission curve or eve switch to POS? Anyone has an idea about their hard coded rule set as to when they can fully transition to a new schedule or eve POS with a hard fork?

I am not into DOGE's technical details, but that would probably be big news one more time and give it another push. Apart from that $500,000,000 is certainly not sustainable. 

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May 18, 2021, 09:26:17 PM
 #67

Here you have it folks, Max Keiser is rarely wrong, this guy know his stuff so you better cash out to BTC now while you still can and earn some valuable bitcoins, don't be greedy... any amount of BTC is better than Dogecoin

https://twitter.com/maxkeiser/status/1392552322220318728

Normally I would say the same but no one can underestimate this meme army, they are fierce.  Have taken some pretty large dips only to fight right back.  90% here brings them back to 100 sats completely realistic but I don't think they let this dollar dream go so easy.  Look at gamestock still lol.  Same type mentality, all things points to it plummeting yet it's stilled propped up

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May 18, 2021, 10:33:55 PM
 #68

Although there is a lot of uncertainty about the BTC I think that at any moment Doge looks very low, then Elon Musk who is Doge's godfather can give a positive Doge tweet and it can change the whole story, I have been looking at some articles and there are many alts that are in laterality and some are growing, in this case this analysis shows that it can go up a lot:


Source: https://www.tradingview.com/chart/DOGEUSD/h3XUyhHy-DOGECOIN-Bull-Flag-Breakout/

Although it is a 4-hour analysis it is likely to occur, of course this can be invalidated if BTC continues to fall, I hope not ...

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May 18, 2021, 11:59:19 PM
 #69

If we see the Bitcoin price is still down right now and followed by a few altcoins that have gone down too. It seems that there is a possibility that
the Dogecoin price could still go down again. Because as we all know altcoins usually follow Bitcoin's movements, so when Bitcoin goes down,
altcoins will go down too. Don't worry, I won't panic seeing the red market like it is today, I also believe this is temporary. Therefore I agree with you
that we should not rush to buy Dogecoin, because there is a possibility that Dogecoin could go down again. But because as I said, I bought Dogecoin
but only used 10% of my capital. So when Dogecoin turns even lower, I will buy Dogecoin again to get double profit if the Dogecoin price goes up.
Yes, I guess so because when I check on the market, the trend still downtrend and I do not know how long this will stay at the market. But I believe that is just temporary because bitcoin prices can increase and jump to the highest price. And who knows, after this correction, bitcoin price will have more strength to break $50k-$60k. This time, we need to be careful to manage our money to buy any coins, including Dogecoin, because if the price still down for more and we spend too much money to buy at the first price, we will not have a chance to buy the coin at a lower price. So be careful.

It looks like the Bitcoin price has started to recover by going back up to the price of $ 45k,  I hope that as soon as possible Bitcoin can return to
the price of $ 50k. So this will affect the price of Dogecoin, but ever since the Bitcoin price recovered, Dogecoin in a few days the price also started
to stabilize. I believe the price of Dogecoin can go up suddenly if it turns out that the Bitcoin price can go back above the $ 50k price, therefore
I decided to hold the Dogecoin that I have today. We really have to be careful about spending our money on investments in market situations like now.
Because the price is a little difficult to predict at this time.

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May 19, 2021, 06:10:11 AM
 #70

If we see the Bitcoin price is still down right now and followed by a few altcoins that have gone down too. It seems that there is a possibility that
the Dogecoin price could still go down again. Because as we all know altcoins usually follow Bitcoin's movements, so when Bitcoin goes down,
altcoins will go down too. Don't worry, I won't panic seeing the red market like it is today, I also believe this is temporary. Therefore I agree with you
that we should not rush to buy Dogecoin, because there is a possibility that Dogecoin could go down again. But because as I said, I bought Dogecoin
but only used 10% of my capital. So when Dogecoin turns even lower, I will buy Dogecoin again to get double profit if the Dogecoin price goes up.
Yes, I guess so because when I check on the market, the trend still downtrend and I do not know how long this will stay at the market. But I believe that is just temporary because bitcoin prices can increase and jump to the highest price. And who knows, after this correction, bitcoin price will have more strength to break $50k-$60k. This time, we need to be careful to manage our money to buy any coins, including Dogecoin, because if the price still down for more and we spend too much money to buy at the first price, we will not have a chance to buy the coin at a lower price. So be careful.

It looks like the Bitcoin price has started to recover by going back up to the price of $ 45k,  I hope that as soon as possible Bitcoin can return to
the price of $ 50k. So this will affect the price of Dogecoin, but ever since the Bitcoin price recovered, Dogecoin in a few days the price also started
to stabilize. I believe the price of Dogecoin can go up suddenly if it turns out that the Bitcoin price can go back above the $ 50k price, therefore
I decided to hold the Dogecoin that I have today. We really have to be careful about spending our money on investments in market situations like now.
Because the price is a little difficult to predict at this time.
I hope what we want to see bitcoin price increase can happen soon as the price now returns to $45k. If we check on the market, bitcoin price wants to make a sideways moment in this range of the price, but that is the only speculation. We do not know if that can happen. The bitcoin moves give impact to the other coins, which many coins follow to go down like bitcoin price. We need to analyze more to find a good time to enter the market because the market now becomes unpredictable. But I am not sure if Dogecoin will drop too far than the price now shortly as many people will hold the price not to go down for more.

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May 19, 2021, 06:55:35 AM
 #71

Those who are having faith with the doge coin hitting $1 are panicking over the current market movements. And this is really a slap in the face to these new entrants who think that money is really easy to earn here. Smiley
They are greedy people, doge coin hits 0.54$ is heaven honestly, this is unpredicted I never saw it coming for a coin with no max supply, if anyone still expect such coin to hit 1$ they deserve to get nothing but zero portfolio, you won't get anywhere if you are too greedy

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May 19, 2021, 07:04:30 AM
 #72

They are greedy people, doge coin hits 0.54$ is heaven honestly, this is unpredicted I never saw it coming for a coin with no max supply, if anyone still expect such coin to hit 1$ they deserve to get nothing but zero portfolio, you won't get anywhere if you are too greedy
I do agree with it, too much people are only using technical but they forget if the trend will be totally determined by the bitcoin. Once bitcoin faces bearish trend and another coin will be doing the same thing like bitcoin.
People forget to remember if anycoin has correlation with bitcoin. Altcoin goes down so hard right now. Bitcoin is still the king of altcoin.
Some people that already sold their doge above 60 cents must be in a party. Doge goes down so hard as well as another crypto.

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May 19, 2021, 07:39:23 AM
 #73

Those who are having faith with the doge coin hitting $1 are panicking over the current market movements. And this is really a slap in the face to these new entrants who think that money is really easy to earn here. Smiley
They are greedy people, doge coin hits 0.54$ is heaven honestly, this is unpredicted I never saw it coming for a coin with no max supply, if anyone still expect such coin to hit 1$ they deserve to get nothing but zero portfolio, you won't get anywhere if you are too greedy
I was still in shock when Dogecoin reaches this price. Who would ever believe that a meme coin that aims to make a payment system as a joke can ever achieve this? Those who have old wallets with Dogecoin remain are indeed lucky. If they can sell it at $0.5 or even at the current price, it will hugely profit. I only got a little bit of Dogecoin left in my old wallet, but I'm still grateful that I can sell it at x150 profit.
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May 20, 2021, 02:48:40 AM
 #74

No it wouldn't happen, 90% is too big.

Maybe 50% is more realistic, Elon musk will protect this coin and dogecoin has a big community so 90% it wouldnt happen.

Even though we're in market correction doge only drop 30-35%.
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May 20, 2021, 05:21:40 AM
 #75

In this analysis I highlight it since the analyst focuses a resistance that should not exceed if it is bearish style, but when observing the chart, the analyst uses a powerful tool for volume, such as the volume profile, although For now we are waiting for what will happen to BTC to see how the alts develop, Doge has not been saved from the movement:



Quote
Dogecoin needs to hold 0.25usd, the price from where all this madness started!

Source: https://www.tradingview.com/chart/BTCUSD/Imt9AfU2-BTC-ETH-DOGE-Bear-Market-Horsemen-Of-The-Apocalypse/

All that is left is to wait, and see what can happen if the price remains above expectations at $ 0.25.

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May 20, 2021, 06:12:26 AM
 #76

No it wouldn't happen, 90% is too big.

Maybe 50% is more realistic, Elon musk will protect this coin and dogecoin has a big community so 90% it wouldnt happen.

Even though we're in market correction doge only drop 30-35%.
you are right. as long as Elon Musk is still standing behind Doge, then I don't think the coin will go down that far. After all, Doge in Elon Musk's hands would have a high price like it is today. maybe the current decline is $ 0.2 at most, well that's speculation, but maybe the worst is 50% of the current price.

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May 20, 2021, 07:01:13 AM
 #77

I am totally convinced that Bitcoin is still the best, but for DOGE I see this is a correction because people are panicking to sell their assets and make a profit. DOGE's strength now is ELON himself. If he promotes DOGE to TESLA, this will be a new step for DOGE. If not, we will wait until DOGE is completely destroyed
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May 20, 2021, 02:56:08 PM
 #78

I am totally convinced that Bitcoin is still the best, but for DOGE I see this is a correction because people are panicking to sell their assets and make a profit. DOGE's strength now is ELON himself. If he promotes DOGE to TESLA, this will be a new step for DOGE. If not, we will wait until DOGE is completely destroyed
We'll see it later. If Elon still promotes Doge by accepting the coin as the payment instead of accepting bitcoin, Dogecoin can increase because we have already seen that before. But if Elon lost his popularity from the people, that does not makes Dogecoin can increase. After all, Dogecoin now is losing the value and stays at $0.3 so Dogecoin needs more time to lift the price. But this time will be a good time to buy Dogecoin as the price is at a low price.



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May 20, 2021, 03:42:07 PM
 #79

Any amount of BTC is better than Dogecoin
This time I completely agree with what you said, "any amount of BTC is better than Dogecoin". Bitcoin was the first cryptocurrency and will always be the coin most sought after by investor. Moreover, the quality of bitcoin has been tested on the market. Here I am not saying Dogecoin is a bad coin, but if we compare the quality of bitcoin with Dogecoin the difference is like heaven and earth.

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May 20, 2021, 05:45:14 PM
 #80

Any amount of BTC is better than Dogecoin
This time I completely agree with what you said, "any amount of BTC is better than Dogecoin". Bitcoin was the first cryptocurrency and will always be the coin most sought after by investor. Moreover, the quality of bitcoin has been tested on the market. Here I am not saying Dogecoin is a bad coin, but if we compare the quality of bitcoin with Dogecoin the difference is like heaven and earth.

Meme coins that being played by Elon MUsk, far from the success of Bitcoin so it's safe to say that any amount of bitcoin is far better than DOge in many ways.

You need to have a big nerve risking your investment with Doge unless you got a good timing and you follow everything within this project, the chance to earn still there for you.

But if you are just riding with the fame and you are unsure, better to avoid this project and find those quality project or just buy bitcoin.

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