Author Topic: Is it safe or risky to invest in Doge coin? (Read 10981 times)

mamun777 · « **on:** October 07, 2018, 11:00:05 AM »

Is it safe or risky to invest in Doge coin?

Altcoins Talks - Cryptocurrency Forum · « **on:** October 07, 2018, 11:00:05 AM »

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twothumbs · « **Reply #1 on:** October 08, 2018, 08:03:51 AM »

Quote from: mamun777 on October 07, 2018, 11:00:05 AM

Is it safe or risky to invest in Doge coin?

I think it is safe, but you need to buy at the lower price, so you don't have to worry about the price. And to do this, you need to watch and analyze the price before you buy so you can determine the lower price. Many times Dogecoin up and down and you have your chance to buy at the low price. But the risk will always there because no one can predict when the time will up and down, and you can only trade with safety.

bdamenaakter · « **Reply #2 on:** October 09, 2018, 03:50:21 PM »

Its very risky to invest in Doge Coin because it has no proper project development,you may lose your fiat money to invest in it. Developer has made money no further advancement toward growth of this coin.Only those investor would prefer to you to invest into it who has handsome investment in it.There is no proper idea behind it.This is a shit coin,you can lose your investment in it.Unlimited supply is there in coin market cap therefor its price can not be increased for coming few years.

ahmedonfire · « **Reply #3 on:** October 10, 2018, 03:59:36 PM »

all investments in cryptocurrency are at risk, the risk of profit and loss is reasonable. there is no risk so there will be no profit

Akhmad Sapei · « **Reply #4 on:** October 10, 2018, 07:34:08 PM »

I don't think so, anything would be an advantage if you yourself are sure to invest in dogecoin itself because in my opinion, each coin will someday get a pump and most importantly the risk of profit and loss is common in trading.

yousufatik20 · « **Reply #5 on:** October 12, 2018, 06:18:43 AM »

When i look in to daily chart, DOGE only good for short investment and not so good for long term hodl because in fundamental not strong to bring the price going up to 10 times or more. So for doge its good only for short investment, and for long term for the better make invest in others coin like ETH and DASH.

Shahinaz · « **Reply #6 on:** October 13, 2018, 03:41:39 PM »

all investments in cryptocurrency are at risk, the risk of profit and loss is reasonable. there is no risk so there will be no profit
I think it's safe, but you need to buy at a lower price, so you don't have to worry about prices. If the price does not rise, you will continue to keep your doge until an unspecified time limit

Altcoins Talks - Cryptocurrency Forum · « **Reply #6 on:** October 13, 2018, 03:41:39 PM »

Bolasodok86 · « **Reply #7 on:** October 14, 2018, 01:54:18 AM »

as long as I know investing in dogecoin is very safe, because we all know that dogecoin is a coin that is very bahus and very potential for future increases.

Legenda · « **Reply #8 on:** October 14, 2018, 08:14:17 AM »

As we know my friend, all coin/token price is very risky including Doge coin.
We don't have guarantee to it, and we can't blame anyone.

For Doge coin, I see this coin was good, but to invest you must analyze before you buy it.

corr · « **Reply #9 on:** October 14, 2018, 08:25:43 AM »

I would not recommend now investing in this coin. I think she will fall. It was necessary to invest in late August.Now after hord fork doge im think will be fall

svsanya · « **Reply #10 on:** October 16, 2018, 03:19:37 PM »

If only joined, to the investor base. Digital industry. Dogecoin will be a great option for training.Unfortunately. serious investors did not appreciate Dogecoin. as a promising and necessary digital tool.

mikesmat · « **Reply #11 on:** October 16, 2018, 11:39:12 PM »

Investing in Dogecoin is never a bad option however the coins has not increase substantially in terms of development and value, therefore it seems to be quite risky investing in the coins.

Akhmad Sapei · « **Reply #12 on:** October 16, 2018, 11:50:05 PM »

I feel safe and dogecoin is still a target of users, the risk is always there in my opinion and it cannot be avoided if you set the price incorrectly, it will cause losses.

kent47400 · « **Reply #13 on:** October 17, 2018, 08:04:35 AM »

DOGE also has the same cryptocurrency properties and the risk level is the same.
If DOGE has a lot of coins then there are many transactions every day.
If you are not careful, your ODGE can also be stolen by hackers.

moonking · « **Reply #14 on:** October 19, 2018, 06:33:54 AM »

Quote from: mamun777 on October 07, 2018, 11:00:05 AM

Is it safe or risky to invest in Doge coin?

I think the trick is to do it with the funds one can afford to loose, or depreciate. I love dogecoins, and can't be happier when they are cheap, so I can buy more. If the trading position is too large, it doesn't matter what coin it is, it's almost gambling, anything can happen. And even if the price jumps, you'll be able to move them easily, since transaction fee is low.

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