Is Doge worth investing?

[Sebas.tian]

I think Dogecoin is still worth investing in. Even though we know that Doge's price has decreased significantly since reaching the ATH level. As we know that Dogecoin has experienced a significant increase in popularity, mainly due to the influence of Elon Musk.

Yes, Elon musk has made a huge amount of incomes from doge that made many people to invest on it few years ago and they are hoping for a better opportunity that will make them to feel good with the income they are going to achieve from the doge. Based on the popularity doge has attracted from the community, show that the price will increase higher in a way both long term investors and short term investors will make a huge amount of incomes that will make them to continue to investing in Doge. It will be favourable for those that will apply long term holding in doge investment, because the price of doge will increase higher in the future.

[Justin999]

Investor who knows well about cryptocurrency, will ingore memecoin like doge and thats also wise decision. After elon musk started shield doge, it already pumped a lot and become so expensive per coin. Maybe it still has space to climb up the mountain with more volume but that's too risky to buy dogecoin. But if you found any news that could Crete hype then you can buy doge for short time and sell with small profit. Holding long doge has less chance to become profitable

[Tahid12]

As we saw that who invested with some particular memecoin like shiba doge pepe, those were give people a lots of return. And still those are demand as well as also have lots of supporters with largest community management. Thats why chance is so less that those will get scam. Thats why i think if you can buy doge with dip, then there is possibility that your expectations may come true while bull run

[blockman]

As we saw that who invested with some particular memecoin like shiba doge pepe, those were give people a lots of return.

To be specific, they're a lot but not everyone has got their share.

And still those are demand as well as also have lots of supporters with largest community management. Thats why chance is so less that those will get scam. Thats why i think if you can buy doge with dip, then there is possibility that your expectations may come true while bull run

While it's true that there's still a huge support from those meme coins that you've mentioned. But it's likely that most of those are the ones that missed the bull run and forgotten to take profits.

[shinratensei_]

I think Dogecoin is still worth investing in. Even though we know that Doge's price has decreased significantly since reaching the ATH level. As we know that Dogecoin has experienced a significant increase in popularity, mainly due to the influence of Elon Musk.

right now elon musk hardly shilling for it though or rather be said to be rarely shilling for it
I guess he focused on more in his twitter since recently there has been some uproar regarding twitter change of regulation in their own platform which
could be somewhat disastrous. I wonder if doge coin will still gonna have some massive bullrun like it was in the past.
since considering the fact that even the value of doge coin i already consider highly inflated somewhat.

[omgitsmehehe]

Yes, for short-term investment, I don't think there is a problem, as long as it's not for the long term,
when you are profitable, sell it immediately and don't hold it,
the influence of Elon Musk is indeed extraordinary but it seems that Dogecoin is difficult to repeat the glory at that time.

Dogecoin pumps whenever a tweet is made by the people that controlled the market with their gigantic buy and sell option. I'm keeping dogecoin for short term, more like scalping the project. Elon Musk is the hype influenced and whale behind the pump and dump of dogecoin. I see it as a gambling coin, it trades smoothly with the tweets of these influential whales in the space. For instance, Elon Musk makes tweets concerning the project which will either trigger a dump or a pump, the people suffering it as the newbies, the ones that have no idea about the formalities of the market.

[pantek talacuik]

Yes, for short-term investment, I don't think there is a problem, as long as it's not for the long term,
when you are profitable, sell it immediately and don't hold it,
the influence of Elon Musk is indeed extraordinary but it seems that Dogecoin is difficult to repeat the glory at that time.

Dogecoin pumps whenever a tweet is made by the people that controlled the market with their gigantic buy and sell option. I'm keeping dogecoin for short term, more like scalping the project. Elon Musk is the hype influenced and whale behind the pump and dump of dogecoin. I see it as a gambling coin, it trades smoothly with the tweets of these influential whales in the space. For instance, Elon Musk makes tweets concerning the project which will either trigger a dump or a pump, the people suffering it as the newbies, the ones that have no idea about the formalities of the market.

This is just a game of millionaires to increase or decrease the price of coins later. But many people know doge and it doesn't matter if the coin grows bigger and has a greater chance of making a profit for those who hold it.

[nyashenka]

Yes, for short-term investment, I don't think there is a problem, as long as it's not for the long term,
when you are profitable, sell it immediately and don't hold it,
the influence of Elon Musk is indeed extraordinary but it seems that Dogecoin is difficult to repeat the glory at that time.

Dogecoin pumps whenever a tweet is made by the people that controlled the market with their gigantic buy and sell option. I'm keeping dogecoin for short term, more like scalping the project. Elon Musk is the hype influenced and whale behind the pump and dump of dogecoin. I see it as a gambling coin, it trades smoothly with the tweets of these influential whales in the space. For instance, Elon Musk makes tweets concerning the project which will either trigger a dump or a pump, the people suffering it as the newbies, the ones that have no idea about the formalities of the market.

This is just a game of millionaires to increase or decrease the price of coins later. But many people know doge and it doesn't matter if the coin grows bigger and has a greater chance of making a profit for those who hold it.

Many people earned money on Doge and it is not just a game. But it is also not necessary to forget that many people that followed the advice of Ilon Mask lost their money. It is necessary to be very careful and have you oun mind and not follow of the advice of everybody even millioneres. Because we do not know the reasons why millioneres give such advices.

[SaveOurSea]

Investor who knows well about cryptocurrency, will ingore memecoin like doge and thats also wise decision. After elon musk started shield doge, it already pumped a lot and become so expensive per coin. Maybe it still has space to climb up the mountain with more volume but that's too risky to buy dogecoin. But if you found any news that could Crete hype then you can buy doge for short time and sell with small profit. Holding long doge has less chance to become profitable

For short term investment I think that Dogecoin is still worth it and maybe it will give profit,
never hold a meme coin for too long because it will make us lose the moment and in the end the loss we get,
after confirming profit then immediately to sell it.

[cruptomegas]

if you are not sure, it is better not to invest))

[hitsnorth]

if you are not sure, it is better not to invest))

True, but it doesn't mean you shouldn't discuss it at all too. But yeah, you can even ask about Bitcoin and some people will say not to buy it, and if you're not sure you might be easily discouraged, it's better to make up your mind after a research.

[benalexis12]

I do not have any investment in Doge yet but am thinking about it.

I am looking for investments that will 5-10x next bull run and looks like this is a good bet considering it's all time high is $0.70.

Many say it will go past $1 next bull run and it could well do but think I would get out around $0.70 which would be a 7x if I was to invest at todays price of $0.10.

Would be good to hear some views on this - are you for or against Doge?

If you are a Dogecoin lover, for sure you will not hesitate to invest there now. Or maybe you just want to invest in dogecoin because you dare to give this Elon Musk another promotion or mention it again on his twitter about doge?
Because most people here in the crypto space are not that enthusiastic about Dogecoin, to be honest, they will just buy meme coins, why not other meme coins that also have the potential to increase in a bull run, at least the chances are higher that you get a bigger profit than the Doge.

[pantek talacuik]

Yes, for short-term investment, I don't think there is a problem, as long as it's not for the long term,
when you are profitable, sell it immediately and don't hold it,
the influence of Elon Musk is indeed extraordinary but it seems that Dogecoin is difficult to repeat the glory at that time.

Dogecoin pumps whenever a tweet is made by the people that controlled the market with their gigantic buy and sell option. I'm keeping dogecoin for short term, more like scalping the project. Elon Musk is the hype influenced and whale behind the pump and dump of dogecoin. I see it as a gambling coin, it trades smoothly with the tweets of these influential whales in the space. For instance, Elon Musk makes tweets concerning the project which will either trigger a dump or a pump, the people suffering it as the newbies, the ones that have no idea about the formalities of the market.

This is just a game of millionaires to increase or decrease the price of coins later. But many people know doge and it doesn't matter if the coin grows bigger and has a greater chance of making a profit for those who hold it.

Many people earned money on Doge and it is not just a game. But it is also not necessary to forget that many people that followed the advice of Ilon Mask lost their money. It is necessary to be very careful and have you oun mind and not follow of the advice of everybody even millioneres. Because we do not know the reasons why millioneres give such advices.

Have you described that Elon musk being a god who will know the price will go up or down after he made a tweet for everyone. This is the wrong thing in my opinion with the steps you are taking. you should look for another way than this. You have to study with a focus on what you want. you better start to study.

[Dr.Osh]

I think Dogecoin is still worth investing in. Even though we know that Doge's price has decreased significantly since reaching the ATH level. As we know that Dogecoin has experienced a significant increase in popularity, mainly due to the influence of Elon Musk.

IMO, this is an investment that is expected to go up just because of the movement of existing information, such as Elon Musk, or other supports. For me, Doge coin has potential that is between worth and not. If you look at the basics of coins such as volume, function, and more. this is a memecoin that is likely to be difficult to grow, but in reality it is trending up in price, and has great potential in the short term. Worth it or not, it depends on each other's opinion, but if you want to invest in this coin, then you need to prepare your mind because the risk involved in investing in this coin is very large when compared to other popular altcoins. However, I think I will also invest in this coin even if it's a small amount. if in the future the price falls, then I am ready to take that risk.

[Zee27]

I'm opting for DOGE2 instead. Bitget has planned to add it to their listings today at 8:00 UTC, so I'm ahead of the game. I think it's already too late to capitalize on the DOGE hype, especially since its success relies heavily on the impact of Elon Musk.

I don't think it's wise idea to invest in a coin only by looking the previous ATH, because there's no guarantee the coin will comeback or beat the previous ATH, it's not like Bitcoin.

Doge price was increase because Elon Musk trolled in Twitter and people take it as serious, so many people want to buy Doge. If Elon Musk stop to troll about Doge, Doge price will not increase a lot, just like in 2017/2018.

You have a good point here. I prefer DOGE2 because it has the support of its community and doesn't rely on a single person to influence it's performance. That's the case with DOGE.

[|MINER|]

I do not have any investment in Doge yet but am thinking about it.
I am looking for investments that will 5-10x next bull run and looks like this is a good bet considering it's all time high is $0.70.
Many say it will go past $1 next bull run and it could well do but think I would get out around $0.70 which would be a 7x if I was to invest at todays price of $0.10.
Would be good to hear some views on this - are you for or against Doge?

I eventually avoid those types of coins whos grew up on hype especially like this type of alt-coin. If you look behind of this dogecoin then you then you will not going to get anything better than just being associated with Elon Musk, which has given it the all-time high price that you mentioned on your post. And now if Elon Musk moves behind I think it will definitely lag behind the current market. So I always avoid such coins for investment. You can invest in Bitcoin for long term if you want, still if you invest then in the next bull run I think you will be able to earn atleast 3x profit.

[Halime Anatolia]

I think doge is worth the investment. Although investing in meme coins is very risky. But for doge coins are very different. Because doge coin is getting support from elon musk. This makes the price soar. And until now the price of doge coin is still fairly good.

For meme coins, I think the story will never end. continues. Well. for Doge Coin I myself think it is still very worth investing in and every time there is an announcement from Elonk Musk about Doge the value definitely goes up and this shows increased opportunities for further growth and profit and today the price of Doge is $0.06533 high and it plummeted yesterday as a result of negative market sentiment from the publication of securities on one of the trading platforms.

[nick_2017]

Investing in cryptocurrencies carries risks, and the cryptocurrency market is highly unpredictable. It's crucial to make informed investment decisions based on your own research, risk tolerance, and financial circumstances. Consulting with a financial advisor is also recommended to better understand the potential risks and rewards associated with investing in cryptocurrencies like Dogecoin.

[SlimShadyMmp]

Personal Opinion Doge is not getting to 1S mate best invest in better project with utility than throwing your hard earned money into cabbage I think Doge is pure meme and back then it was worth nothing Impact their were faucets for it So I think best thing to do is trash that idea and lookup better projects to invest in than that Look into defi nfts gaming and the rest and decide

[gurunanakji777]

Based on my 6 years of experience, I can say that anything can happen in the crypto market. Recently, the XVG coin was pumped after a long time when no one expected it. If we think like this, it’s not a bad idea to buy Doge. Yes, if Elon tweets again, Doge can pump again. Anyway, the price is very low now, one can buy some.