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Author Topic: Hodl or change?  (Read 700 times)
bahagia93
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October 22, 2021, 04:33:41 PM
 #41

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.
Dogecoin is only a temporary toy and that's clear because the pump on Dogecoin only comes once and that's because there are a few reasons so that the price can increase, while the rest is only a decrease.

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October 22, 2021, 05:03:59 PM
 #42

I accept that it is now intensely overrated. Best of luck to every one of the people who have faith in additional cost increments, yet by and by I feel that Dogecoin is probably not going to come to the new ATH. Assuming you need to sell at a misfortune and shift your speculation to another coin, better reconsider, in case you purchase one more coin without cautious estimation, any other way you will lose a subsequent time.
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October 22, 2021, 06:31:53 PM
 #43

No sane investor or trader buy a coin, stock or commodity at ATH, they rather sell at ATH. Warren Buffett once said that it is wise for investors to be "fearful when others are greedy, and greedy when others are fearful."
Doge ATH is 0.70$, right now its around 0.2$ and trading at number 10 at CMC. IMO it still has the potential to go up, at least near to its ATH if not surpassing it. I suggest keep it and sell if you find price around 0.5$. There are bright chances of alt coins going up since BTC is over 60k.
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October 22, 2021, 07:13:50 PM
 #44

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 was best to find a way in which you can make money out of meme coins. Not know if Dogecoin will hot back for another hype after Elon Musk is done shilling it. We never have to expect that it makes a rally again, yeah, ATM Dogecoin getting back to its normal position like before and if you are buying this during the hypes, you can no longer make any returns from this even you will hold for many years unless if you got lucky if there is someone could influence and manipulate the price once again. But I'm worried there is none and you just lose.
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October 22, 2021, 08:23:54 PM
 #45

Dogecoin would have it's days once more before the bull market season ends!  Buying the top in Cryptocurrency market may be unforgivable why,  in most of the times,  the altcoin bought may never rise to that top.  There are many examples of coin that pumped and never get back to it's ATH. Coin like eos,  Xrp,  nano were all pumped to $18, $3,and $25 respectively now,  you can see where there prices are!

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October 22, 2021, 08:53:20 PM
Last edit: October 25, 2021, 09:54:59 PM by seleme
 #46

Hey there, better sell right now and buy another coin since the prices are high enough to make a profit unless  you really have bought DOGE at ATH.

Dogecoin would have it's days once more before the bull market season ends!  Buying the top in Cryptocurrency market may be unforgivable why,  in most of the times,  the altcoin bought may never rise to that top.  There are many examples of coin that pumped and never get back to it's ATH. Coin like eos,  Xrp,  nano were all pumped to $18, $3,and $25 respectively now,  you can see where there prices are!
Respectable! There are situations on the crypto market, the price has jumped to the old ATH level then goes back to the original price, better to place a limit orders near the main target in order not to miss such opportunities, IMHO. Pumped coins are worth to invest if you know the real potential behind the pump and project.

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October 22, 2021, 09:50:56 PM
 #47

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.

Depending on the time span and the value of your portfolio, whether it is drastically reduced or only a few percent, you can still anticipate and do CL. because most of the traders already bought due to Fomo. Many phenomena occur with Dogecoin buyers. Until they didn't notice that it had a big risk with a huge loss as well.
If you really want to know the losses and manage them again, you already know the losses to be made.

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October 22, 2021, 10:14:53 PM
 #48

if you buy Dogecoin at the highest price, the only option you have is just to hodl, there's no way out for you to change or to sell them at the lower price. why? because you will only lose your chance to gain any profits and you will just suffer a great loss from it.
just hodl and wait for your moment.

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October 23, 2021, 05:36:34 AM
 #49

Try to remember before you start investing.. Why you invest on doge? I guess you have the reason why you put your money into Doge. If i'm being you i just keep hold that coin because in my opinion one day the price of doge will rise again maybe it can reach $1? Who knows?

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October 23, 2021, 08:34:07 AM
 #50

Try to remember before you start investing.. Why you invest on doge? I guess you have the reason why you put your money into Doge. If i'm being you i just keep hold that coin because in my opinion one day the price of doge will rise again maybe it can reach $1? Who knows?

I think most of those who hold DOGE have invested because of the hype caused by Elon Muska's tweets. I doubt most of them would know what difference is between DOGE and BTC apart from the name.
Answering your question, why DOGE will not reach $1 - It will not happen, because for DOGE to have a price of $1, its capitalization would have to be several times greater than Bitcoin, and this is not possible even in the next few years.
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October 23, 2021, 08:48:50 AM
 #51

Try to remember before you start investing.. Why you invest on doge? I guess you have the reason why you put your money into Doge. If i'm being you i just keep hold that coin because in my opinion one day the price of doge will rise again maybe it can reach $1? Who knows?
The price of $1 on Dogecoin is not an impossible problem, but you also have to have a good reason when you want to hold it, because Dogecoin is a good coin but in the category of meme coin that has a lot of supply so it has the potential for whales and big influencers to manipulated it and disposed of it very easily, so it would be very difficult for Dogecoin to achieve unless the whales also kept it for a long period of time.

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October 23, 2021, 05:52:46 PM
 #52

Try to remember before you start investing.. Why you invest on doge? I guess you have the reason why you put your money into Doge. If i'm being you i just keep hold that coin because in my opinion one day the price of doge will rise again maybe it can reach $1? Who knows?
The price of $1 on Dogecoin is not an impossible problem, but you also have to have a good reason when you want to hold it, because Dogecoin is a good coin but in the category of meme coin that has a lot of supply so it has the potential for whales and big influencers to manipulated it and disposed of it very easily, so it would be very difficult for Dogecoin to achieve unless the whales also kept it for a long period of time.
Indeed, in terms of the large and loyal Doge community, it is possible to touch the price of $1. Also, as its multiplier upgrade means the Doge is easy to pump up by many factors.

As long as the OP is strong on Doge potential then it doesn't matter, it's just that the timing is hard to predict when the Doge will actually hit $1 or never will. Some time ago Elon Musk retweeted Doge, but the increase was not too significant. Unfortunately the tweet seems to have been deleted.

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October 23, 2021, 08:36:45 PM
 #53

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.
I assume you have a good number of DOGE as you get hyped by that time and you're still trap with a huge loss, for me the best solution on that is to keep on holding and wait for DOGE to create its new all time high because it can still happen, you just have to wait for it so you wont regret selling at a huge loss. DOGE is still the top meme token, so use this as your hope to see DOGE on top price again, bull market will make that happen.
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October 23, 2021, 08:50:38 PM
 #54

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 is wrong for a person to buy the currency at its highest level, but rather to buy on the dip, any currency, including the Dogecoin, rises according to the effects of the tweets of some influencers in the social media, so you have to follow these influencers in order to make a right decision when buying and selling, I see that you hold Dogecoin even You get the return on your investment and then sell it to buy another currency.

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October 23, 2021, 09:44:58 PM
 #55

I still have faith on doge and i think you shouldn't sell your investment. Patience is the key remember that, theres no guarantee for you to get profit after cutloss. So, i personally recommend you to keep holding your DOGE.

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October 24, 2021, 08:01:07 PM
 #56

If you're in profit already on Doge, I'd advice you to just book your profit and change to a better optional coin. However, you may still keep some but ensure you've taken off all your capital with at least little profit from it, so you don't curse yourself by the time it dumps again.

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October 25, 2021, 02:23:52 PM
 #57

depending on their own, whether to sell or not. I think it's too risky to wait for the Doge to hit a new ATH. Sell and buy other coins like #Matic

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October 25, 2021, 07:43:18 PM
 #58

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?
I would say that getting out of doge at any price is a good choice.
There are other coins that you could make the loss back so there is really nothing wrong with that.
I personally wouldn't put any money into doge, I would stay away from it and have been staying away from it.

However, if you made a mistake back in the day and got in, there is no reason to keep it there, eventually it will go down more and more, and sure there will be some good times but that doesn't mean that it will stay like that forever. All in all I would get something more decent, get cake and stake it, get uni and stake it, get bitcoin if you want to but stay away from doge.

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October 25, 2021, 10:43:07 PM
 #59

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?
I would say that getting out of doge at any price is a good choice.
There are other coins that you could make the loss back so there is really nothing wrong with that.
I personally wouldn't put any money into doge, I would stay away from it and have been staying away from it.

However, if you made a mistake back in the day and got in, there is no reason to keep it there, eventually it will go down more and more, and sure there will be some good times but that doesn't mean that it will stay like that forever. All in all I would get something more decent, get cake and stake it, get uni and stake it, get bitcoin if you want to but stay away from doge.
Dogecoin's hype was definitely over so we are seeing it already losing its value and is already in a low price. Those who have bought dogecoin when it was still very famous and its price was at its peak, holding it continuously today might only be a waste of time hoping that it could reach another ATH one of these days. Let's face reality that the time for dogecoin is already over, so its better to change it with another coin that has still a bright future ahead. There are a lot of choices to make since the market has both favored bitcoin and altcoins today. So choose what you think that has a great real use case so that its demand will continue to grow together with its value.

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October 25, 2021, 11:54:00 PM
 #60

No sane investor or trader buy a coin, stock or commodity at ATH, they rather sell at ATH. Warren Buffett once said that it is wise for investors to be "fearful when others are greedy, and greedy when others are fearful."
Doge ATH is 0.70$, right now its around 0.2$ and trading at number 10 at CMC. IMO it still has the potential to go up, at least near to its ATH if not surpassing it. I suggest keep it and sell if you find price around 0.5$. There are bright chances of alt coins going up since BTC is over 60k.
Well, those who buy at the peak are investors too although, they just overestimated the price too much that's why they were left out. It did happen on Bitcoin during the bull run in 2017, most people are doing FOMO, then there's a FUD about China banning Bitcoin and the market is slowly dropping then almost everyone else follow. Most of the people who can't take their money back sold it at a lower price due to too much stress they can't control their emotion/hodl their coins or they just really need the money.

Anyway, back to the topic, dogecoin is just a memecoin and a hype created by Elon Musk. People should not take it seriously like it's going to bring a lot of fortune in the future like people would really believe that. Besides, don't think crypto as a way to get-rich-quick because it's not how the market works. I think Elon is just laughing at you guys buying to his pumped memecoin.

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