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Author Topic: What did you think about the future of dogecoin?  (Read 784 times)
AnonBitCoiner
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June 10, 2024, 12:46:10 PM
 #61

I think dogecoin is one of those coins which always perform good in bull market. Past market performance shows doge always follow BTC in uptrend action. So in next bull run it is one of those to watch out for. Assuming buying now and even if it reaches its ath, one can get handsome profit. Obviously there is risk but I think doge won't disappoint its investor.

Among meme coins doge coin is observed as a coin the performance of which becomes more better when there Initiates a bull season where the price of Bitcoin will affect the price of each and every other coin in a positive direction. Some people are afraid to invest in meme coins because they think that it is meme coins and it will disappear but i think that if it is present till now then in future it will also remain successful without disappearing.

Those coins which are not trusted coins disappear in a very short period of time and they don't take such a long time and success like that of dogecoin so trust it and invest some amount according to your income to be more profitable in bull season because dogecoin will shine when we see another ATH for Bitcoin.



 

 

 

 

 

 


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June 10, 2024, 01:37:42 PM
 #62

What did you think about the future of dogecoin?
 Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?


I think the future of Doge will be like now, there will be an increase if Elon provides a settlement or something similar that is profitable for Doge holders,
My advice is that if the doge experiences a pump, immediately take a position so that you get optimal profits, don't hold the doge back in large amounts because the doge increase is not routine, it requires extraordinary patience.

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June 10, 2024, 03:04:34 PM
 #63

What did you think about the future of dogecoin?
 Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?

Investing in meme coins is definitely risky because these coins are only considered as pump and dump coin. However, Doge Coin is considered by many to be the father of Meme Coin and the influence of Elon Musk behind this coin has made the coin widely popular worldwide. Recently Elon mask has also tried to give a very positive opinion about this coin. I think eventually this coin will surpass its previous ATH. It is very likely to rise above $1. However, an investor should not invest by looking at various advertisements while investing because It is more likely to lose. This coin has not started a big bull run after 2021 while other new coins are pumping. So it is important to be very careful before investing.

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June 10, 2024, 04:28:24 PM
 #64

What did you think about the future of dogecoin?
 Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?


Dogecoin has the potential to continue to increase in value in the future, there is no harm in holding Dogecoin for a long period of time.  Even though many new types of meme coins have emerged that can have fantastic value, it cannot be guaranteed that they will last as long as legendary meme coins like Dogecoin.

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June 10, 2024, 04:43:32 PM
 #65

What did you think about the future of dogecoin?
 Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?

As long as Elon Musk still supports Doge coin, I think Doge coin will still be a good coin. But I'm not sure if it's long term. Because in my opinion, altcoins or meme coins are like Doge, which are good coins for us to buy when the hype hasn't started yet and we have to release them when the hype happens, when the price has increased quite a lot. So I prefer to hold doge coin for the medium term. But in a bullish market, Doge Coin will definitely experience an increase in price. But maybe it won't be as big as other projects.

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June 10, 2024, 05:06:34 PM
 #66

What did you think about the future of dogecoin?
 Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?
Our thoughts on Dogecoin are not  so important than Elon Musk's thoughts. But from my crypto experience I can say that during every bullrun there is a new altcoin hype. But during the next bullrun, that coin doesn't see much hype anymore. So I think top altcoins like ETH, BNB, BTC should be held.

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June 10, 2024, 05:14:50 PM
 #67

It seems that Dogecoin is currently categorized as a meme coin which has made great progress among other meme coins. and I think there is no harm in saving this asset for future investment. but I prefer doge for lottery payouts.

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June 10, 2024, 09:54:08 PM
 #68

It seems that Dogecoin is currently categorized as a meme coin which has made great progress among other meme coins. and I think there is no harm in saving this asset for future investment. but I prefer doge for lottery payouts.
If the present price nod the coin is making progress then it will make good results in the future because it is the past performance of the coin and mostly the present performance of the coin determines the future of the project. I have forgotten the last time I checked dogecoin  it it seems everywhere is quite about the token these days. And that doesn't speak well about the coin because it counterparts and some of them just came new and making wave (trending) in the cryptocurrency space. If a coin is doing well definitely people would talk about it.  It I have not heard anything about dogecoin for a long Time.

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June 10, 2024, 11:59:33 PM
 #69

What did you think about the future of dogecoin?
 Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?


      For now, Dogecoin is quiet, even though many other altcoins are making noise in the market. But in spite of such happenings, Doge still remains and is easy from what I see because its market cap is still large and the daily trade volume is still high.

     That means that the size of the community that it has is still there, because the style of Doge, as far as I can see, seems to be waiting for an opportunity for other popular people to invest a lot in Doge, and then suddenly Doge will move in an unexpected way. chance of the majority that he can do. So many of its holders still rely on it.

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June 11, 2024, 12:13:36 AM
 #70

And that doesn't speak well about the coin because it counterparts and some of them just came new and making wave (trending) in the cryptocurrency space. If a coin is doing well definitely people would talk about it.  It I have not heard anything about dogecoin for a long Time.
It can be possible that it is being talked about but just not in the spaces that you don't frequent in. But usually, if a coin grows exponentially, it is everywhere. Dogecoin definitely has not reached that level of growth to be the constant topic of everyone everywhere but I don't think it's doing that bad.

There are so many cryptocurrencies out there that you cannot expect for everyone to be talking about the same thing all the same time.









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June 11, 2024, 01:04:10 AM
 #71

you need to be vigilant when it comes to selling it at the right time or else you won't be getting the highest price possible to sell because others are quick when it comes to selling them when their price is at ATH.
Just remember not to be greedy.

Take these memecoins as they are. A lot of them will perform well in a specific time but then fall behind after a while so don’t expect too much that they will reach higher prices. Once you have hit your target, take it and save yourself from possible losses. Unless you want to be brave and take risks and wait it out.
You've issued the right advice, but at the same time, cryptocurrency has its bullish and bearish seasons, so it is more predictable in general when to sell our investment in any of them. Although I always advise investors to be vigilant because anything can happen in the market, that is why being a friend to the market chart is very important. Some smart investors will even use the opportunity of the chart to maximize their earnings as they invest and divest many times before the bullish season is over. It is all about the full understanding of the crypto market's dynamics and being smart about it.

Also, about meme coins/tokens in particular, they will behave the same way most regular cryptocurrencies will behave. They will benefit from the much-expected altcoin season, but the only thing is that they may not move so significantly upward as many would be expected of them. We should come to the realization that they are increasing in number daily, so the total money to be invested in them all must spread among them as well.

Beside, no one should keep their meme coins beyond necessary, especially when the bearish season starts.

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June 11, 2024, 12:12:33 PM
 #72

What did you think about the future of dogecoin?
 Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?


      For now, Dogecoin is quiet, even though many other altcoins are making noise in the market. But in spite of such happenings, Doge still remains and is easy from what I see because its market cap is still large and the daily trade volume is still high.

     That means that the size of the community that it has is still there, because the style of Doge, as far as I can see, seems to be waiting for an opportunity for other popular people to invest a lot in Doge, and then suddenly Doge will move in an unexpected way. chance of the majority that he can do. So many of its holders still rely on it.

That's good to hear because I was actually having another taught if I should keep holding it because in as much as I have some doge on my portfolio i use to feel somehow considering the fact that so many altcoins are not reliable and they could seem to be doing well but in the future there will be no trace for them, that's why I'm on a quest to no if I made the right decision on having some doge on my investment portfolio.

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June 11, 2024, 04:17:14 PM
 #73

No one knows what the future prospects of Dogecoin are. But I think, it seems that Dogecoin is not worthy of being a long-term investment because the supply is unlimited so it tends to make the price decrease. Apart from that, Dogecoin's fundamentals are not strong, especially since the supply to the market is so large that the coins are unlimited. However, if you still hold it, the decision to sell or not depends on you. The important thing is to sell if the price rises and can be profitable, never FOMO and FUD in cryptocurrency investments.

Of course it isn't. Only a fool would think otherwise. The unlimited supply is a dealbreaker for me. In economic terms, Dogecoin should become less valuable over time. It's already struggling to reach $1. The only reason it "pumped" for a short time was because of Elon Musk's endorsement. Without this guy, Dogecoin would've been doomed by now.

People are only buying Dogecoin and similar "meme" coins with the hopes of getting rich quick. But that's not the way it works. They'll ultimately get "rekt" due to poor investment decisions. Why not choose serious projects such as Bitcoin or Ethereum instead? Long-term speaking, the returns are much higher than "meme" coins. As it's said in the real world, "you get what you pay for". Why do you think "meme" coins are so cheap?

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June 11, 2024, 04:21:20 PM
 #74

behind the scenes of doge coin there is elon musk and that is what makes the price of doge coin go up like it is now. and regarding the future it seems that doge coin has a good chance, apart from its quite large users on the one hand doge is also one of the first meme coins among other meme coins.

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June 11, 2024, 05:02:57 PM
 #75

No one knows what the future prospects of Dogecoin are. But I think, it seems that Dogecoin is not worthy of being a long-term investment because the supply is unlimited so it tends to make the price decrease. Apart from that, Dogecoin's fundamentals are not strong, especially since the supply to the market is so large that the coins are unlimited. However, if you still hold it, the decision to sell or not depends on you. The important thing is to sell if the price rises and can be profitable, never FOMO and FUD in cryptocurrency investments.

Of course it isn't. Only a fool would think otherwise. The unlimited supply is a dealbreaker for me. In economic terms, Dogecoin should become less valuable over time. It's already struggling to reach $1. The only reason it "pumped" for a short time was because of Elon Musk's endorsement. Without this guy, Dogecoin would've been doomed by now.

People are only buying Dogecoin and similar "meme" coins with the hopes of getting rich quick. But that's not the way it works. They'll ultimately get "rekt" due to poor investment decisions. Why not choose serious projects such as Bitcoin or Ethereum instead? Long-term speaking, the returns are much higher than "meme" coins. As it's said in the real world, "you get what you pay for". Why do you think "meme" coins are so cheap?

i'm still hoping there is a good chance the price will rocket up and continue to do so even with the supply issue. for several years it has maintained its tank above though. if there are big asset management companies going to file an ETF for doge, i think it will still be making the price shoot to mars.  the selling point i think is still doge decentralization and still a good option for a store of value.

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June 11, 2024, 05:42:13 PM
 #76

In my opinion, Doge Coin is one of the memecoins that is successful and can still survive in the crypto world, because until now Doge Coin can still compete with altcoins that are in the top 10 CMC, and I think that up to now Doge Coin is still one of the best memecoins. all time and is very worth investing in the long term.

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June 11, 2024, 07:07:13 PM
 #77

I don't think Doge will have much scope this time because there are other contenders like BOME, PEPE and BONK which has gained more popularity and the era of doge has ended with the Elon Musk's hype back in 2021 itself and I think this time it's about new popular memecoins and I don't indulge in memecoins but if I had to choose I would choose newer ones compared to Doge.









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June 11, 2024, 11:24:20 PM
 #78

What did you think about the future of dogecoin?
 Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?
It will stay like this unless there is a huge altcoins  season and somehow there are still influencers who cares to speak up and hype up these meme coins. If Elon Musk didn't say anything back then, bet no one mentioned and discussed about Dogecoin and other meme coins like these days. I do still use it for faster transaction and cheap fees but other than not a fan of it.

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June 11, 2024, 11:36:53 PM
 #79

People think that they could "game" the system by just yoloing and having fun, because once upon a time they did that. Do you see everything in the world that happened once also happen again and again? Some stuff do, some stuff never get repeated again. Like do you also expect to see a lottery winner to go and win it again and again? Of course not. This is why I think it should be something that will take a while, and we need to reconsider how we could do better in the end as well.

This doesn't mean that we are going to be doing something that would be simple, just let it be. I hope that people could avoid these meme stuff, because it is not going to be a good investment at all, and they should avoid that as much as possible.

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June 12, 2024, 12:45:40 AM
 #80

What did you think about the future of dogecoin?
 Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?


Whether your decide to continue to hold an alternative currency is supposed to be a personal choice and move after research and previously knowing where you are going to relocate that money for it in order to grow faster, or at least at a better place.
So, that being said, I am going to give you my personal opinion.
I think in the long term Dogecoin will continue to be a staple within the world of meme coin, it has proven to be a very good track record, it has a high volume and it is supported by all major exchanges. Dogecoin is a coin which is completely driven by the force of their community, so I would advice you to go and do some research on how the Dogecoin community feels and whether their are either encouraged or discouraged on the future of the project, whether they are looking for new projects to invest in or not, that kind of information is of a very big value to you. Just my two sats, obviously. Good luck.

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