jrrsparkles
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Merit: 280
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October 21, 2021, 01:56:19 PM |
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Hello, If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap? Any idea welcomed.
Thank you.
It depends on your personal preference, since you mentioned you bought it at highest price so you are going to lose value when you sell it for lower so you can keep HODL doge until you make profits. Or if you convinced that swapping to the other coins seems best then just go for bitcoin and avoid the hyped ones.
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Fivestar4everMVP
Legendary
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Merit: 1085
Leading Crypto Sports Betting & Casino Platform
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October 21, 2021, 02:04:17 PM |
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Well, if i was you, I probably would have sold it a long time ago, or are you one of those holding and hoping it gets to $1 usd? If you are, well then, I suggest you keep holding, just like a member already said here, it might pump again ones bitcoin and other major coins like Ethereum and binance coin stabilizes, maybe an altseason is coming which might push its prices a bit to the upper level, but as you know, crypto currencies are highly unpredictable, so, continue to hold at your own risk, final decision is up to you to make.
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smartaction
Legendary
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Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
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October 21, 2021, 03:50:27 PM |
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Hello, If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap? Any idea welcomed. Thank you.
If you are self-sufficient in your personal life and if you have enough money to run your daily life, I will tell you to hold it until your target is met. And if you are a trader, you can sell it and trade with something else. Because Doge can take some years to build a new ATH again. Which is a matter of a lot time
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Wahyuihib
Member
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Activity: 601
Merit: 10
Artemis
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October 21, 2021, 05:48:51 PM |
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Hello, If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap? Any idea welcomed. Thank you.
If you are self-sufficient in your personal life and if you have enough money to run your daily life, I will tell you to hold it until your target is met. And if you are a trader, you can sell it and trade with something else. Because Doge can take some years to build a new ATH again. Which is a matter of a lot time I also have the same thoughts as you, because I want to get profit from trading. it's just that I don't have a target at a certain price. the important thing is that I get a profit as a capital for the daily trading activities I do
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yhiaali3
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Activity: 1876
Merit: 2003
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October 21, 2021, 06:23:23 PM |
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For me, I find the second option better, if I buy any coin at a high price, I prefer to sell it at a low price and exchange it for another coin and sell and buy until I make up for the loss that I got because it may take a year or more for the coin to return to the purchase price and during this time Maybe I made up for a loss and got some extra profits. Some people prefer to wait a year or two and do not think of selling the coin at a price lower than the purchase price. Of course, each person has a different thinking that suits his personality, and you have to make the decision that suits your personality.
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Dread Pirate Roberts
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October 21, 2021, 06:56:54 PM |
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Hello, If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap? Any idea welcomed.
Thank you.
this is your own decision.when you say when the highest price is what? $0.60+ ? if you believe that one day there will be a new ATH for doge just hold . if you have minus 100-200% on coin doge. maybe I'll just be the holder. after all even though doge is a meme personally i think coin this coin still has the possibility to go up again. although this is likely only the hope of a desperate person.
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imamusma
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October 21, 2021, 08:00:32 PM |
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I think it's better to hold other coins besides Doge, it seems that Fomo Doge depends on Elon's tweets, not based on technological developments or the real use case and Fomo Elon Musk seems to have ended.
Before Elon Musk made Fomo on Dogecoin in the past, who supported Dogecoin so that Dogecoin is still in the cryptocurrency which was later known by Elon Musk, because if Dogecoin could have died in the past, then I believe Elon Musk will not be able to recognize him at this time.
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Quidat
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October 21, 2021, 08:07:25 PM |
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Hello, If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap? Any idea welcomed.
Thank you.
Your call because its your money to play on but considering that we are talking about swapping then of course it will vary or depend on the value of those coins plus consider out those fees involved because you cant really just make out swaps without considering those factors because fees will really be that much of a problem if those trades turns out to happen. But if you do saw that you could actually make out some advantage or profitable for you then go ahead because you wouldnt know unless you do try.
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domoy77
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October 21, 2021, 08:39:28 PM |
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I also have the same thoughts as you, because I want to get profit from trading. it's just that I don't have a target at a certain price. the important thing is that I get a profit as a capital for the daily trading activities I do
If I may suggest, you should set a certain target price which is also not too far from the price that has been achieved by a coin, because that is also a very good profit for you and it doesn't seem like a waste of time.
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sumant
Copper Member
Jr. Member
Offline
Activity: 770
Merit: 1
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October 22, 2021, 01:04:09 AM |
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I think change will not going to work because if you change one time then this will going to be always changing mood and when you find difficulties in your share you will look to change. Hold might takes some time but one day you will happy then never. This day your life will be completely changed. So after buying any coin hold is your key to success.
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josephdd1
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October 22, 2021, 03:30:54 AM |
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Hello, If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap? Any idea welcomed.
Thank you.
If you bought on the level of 7$ I am really sorry about this, as it is a big loss. As for now, I think you had better sell them. I don't think that it will be a new big hype around meme coins like it was in spring, so I don't think that price will come back to 7$. What is more, Vitalik Buterin has cleaned his wallet from different meme (doggy) coins recently, so it is an additional pressure on their price.
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Botnake
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October 22, 2021, 08:38:34 AM |
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I think change will not going to work because if you change one time then this will going to be always changing mood and when you find difficulties in your share you will look to change. Hold might takes some time but one day you will happy then never. This day your life will be completely changed. So after buying any coin hold is your key to success.
I guess it also depends on the situation. And IMO, dogecoin will no longer make it reaching its new ATH because Elon is not tweeting it anymore so more likely, its price will definitely stay in low value. And before you see yourself losing that much, well its a good time to change it into another coin that has still good potentials to grow more. Do it when you see bitcoin price is dropping as its always expected that altcoins too will possibly be dumping too. However, if you think dogecoin is still good for long term holding, its your choice, but i'm afraid it will be a long waiting game and yet, you still lose in the end.
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darmin
Member
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Activity: 532
Merit: 10
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October 22, 2021, 08:58:56 AM |
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I think to return funds stuck at a high price is to reduce the number of coins by half at the current price, and buy back if the price drops by half again. Add your funds to this coin, if you feel this coin is worth holding for a long time. Trade for other coins that you feel are experiencing very rapid increases and declines. I recommend trading on the PaxGold market.
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kotajikikox
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October 22, 2021, 09:43:44 AM |
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Hello, If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap? Any idea welcomed.
Thank you.
depend on your capacity to keep or depend on your coins if that is worth a wait. But since you are talking about Meme Coin? if you can keep this coin for another years? then of course it may but if i were you , best to exchange to other altcoins before the price dumps more that you cannot tolerate more. Shitcoins only has few chances to increase and once this happen best to sell or wait for long years.
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livingfree
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October 22, 2021, 09:59:44 AM |
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Before Elon Musk made Fomo on Dogecoin in the past, who supported Dogecoin so that Dogecoin is still in the cryptocurrency which was later known by Elon Musk, because if Dogecoin could have died in the past, then I believe Elon Musk will not be able to recognize him at this time.
Of course, there's no Elon Musk that's going to pump dogecoin if in the past it has already been dead. But because Elon likes to troll and play with the people and the market, he chose a crypto that's made of fun and meme and through his influence, he knows that he's someone else. He pumped it.
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zaim7413
Sr. Member
Offline
Activity: 1274
Merit: 337
Enterapp Pre-Sale Live
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October 22, 2021, 10:19:12 AM |
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I think change will not going to work because if you change one time then this will going to be always changing mood and when you find difficulties in your share you will look to change. Hold might takes some time but one day you will happy then never. This day your life will be completely changed. So after buying any coin hold is your key to success.
This will not happen to any coin mate, because the long-term suspension is only suitable for coins that have a lot of interest and are always being hunted by big investors and usually are in good and good coins, because if the coins have potential just for pump and drain, I think it's only suitable for short term only.
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thesosorr
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October 22, 2021, 02:48:20 PM |
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Whenever I hear about Dogecoin, I immediately think of how it surprised people because of its price in the market. If someone buys Dogecoin at the highest price and is still holding it, then in my opinion there is no other choice but to change to another crypto or wait a long time to be able to surprise the market with the highest price again even though it will not necessarily happen again .
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Ten98
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October 22, 2021, 03:12:47 PM |
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I think to return funds stuck at a high price is to reduce the number of coins by half at the current price, and buy back if the price drops by half again. Add your funds to this coin, if you feel this coin is worth holding for a long time. Trade for other coins that you feel are experiencing very rapid increases and declines. I recommend trading on the PaxGold market.
The strategy you offer also looks good, but by adding money to the coin again when the price drops, it means not saving the existing capital, but adding new capital to withdraw the capital that was originally used, so when it is done, when he will be profitable if the goal is only to maintain the reduction of capital only?
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shinratensei_
Legendary
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Activity: 3276
Merit: 1031
Leading Crypto Sports Betting & Casino Platform
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October 22, 2021, 03:21:07 PM |
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I guess it's you who have bought doge coin at the peak price and the price gets dumped so hard after that. Just hodl it. Elon was still working on the doge coin and this coin already revived again. There will be further developments happening with the doge coin. If i were you and i will be waiting for the doge coin to get another pump again. It has been a long time since the last bullish trend that happened with the doge coin. make money by changing your doge coin with another token were not easy and you may also face a bigger risk than holding your doge coin in your wallet. You must think again about that. You can consider doge coin as your long term investment and you can use small money to trade new tokens in the market. Making money from doing swap trade was not easy as well. Think again. Doge coin may go up after you have sold your tokens.
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xmonkeyx
Member
Offline
Activity: 658
Merit: 11
CRYPTO WEB3 NEOBANK
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October 22, 2021, 03:37:42 PM |
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Hello, If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap? Any idea welcomed.
Thank you.
it's better to sell it and try to take profit on another coin, right now the price of Doge has fallen so deep and there has never been a move back high like it used to be again I don't think Doge coin is good to hold for long.
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