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Author Topic: Doge as an good investment  (Read 6150 times)

Offline debra

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Re: Doge as an good investment
« Reply #60 on: February 27, 2024, 11:59:16 PM »
When compared with meme coins, Doge is definitely the most reliable meme coin for long term investment. This clone has been the only meme coin that has been solid for a long time. Doge is an old coin that definitely has a lot of investors, from the beginning until after this coin meme became very hype. If we talk about this current meme coin, I believe that this coin is still very capable of surviving in the market and is even much better.
Dogecoin is the number 1 meme coin. Sure, it is the most popular and most reliable for holding. However, Dogecoin is a meme coin only, it is no much different with other meme coins. Meme coins have no fundamentals, they have no clear future. As long as there are other better coins with good fundamentals, I suggest to choose other coins. Although there are many investors in Dogecoin, we can't expect much on Dogecoin with unclear future.

« Last Edit: February 28, 2024, 12:01:56 AM by debra »
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Re: Doge as an good investment
« Reply #60 on: February 27, 2024, 11:59:16 PM »

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Offline BitMaxz

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Re: Doge as an good investment
« Reply #61 on: February 28, 2024, 12:11:03 PM »
When I was new to cryptocurrency before, I found that the price of Dogecoin way back in 2017 was around 28 sats. At that time, I still held a lot of dogecoin anyway. It even reached 200k dogecoin because it had a low value at that time. I thought that there was no hope for doge, so I decided to just sell it.

Then I didn't think that he would rise as much as he has now, especially at the time when Elon promoted it on Twitter, so I felt regret about that. Now, I don't have any holdings anymore.

Check dogecoin right now as I said before without Elon musk dogecoin increases its value even without any influencers. It always happens, if you know about Dogecoin before you should know that DogeCoin will also increase every bitcoin blockhalving and altcoin season, and look at the 7-day chart Dogecoin price is rising much than Bitcoin.

It is a success for those who are holding and today is not yet the time to sell it while the trading volume right now is very active.
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Online dwyane36

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Re: Doge as an good investment
« Reply #62 on: February 28, 2024, 07:53:13 PM »
Check dogecoin right now as I said before without Elon musk dogecoin increases its value even without any influencers. It always happens, if you know about Dogecoin before you should know that DogeCoin will also increase every bitcoin blockhalving and altcoin season, and look at the 7-day chart Dogecoin price is rising much than Bitcoin.

It is a success for those who are holding and today is not yet the time to sell it while the trading volume right now is very active.

I agree with you that the Dogecoin price will go up anyway during the alt season, even without Musk. However, Musk's influence on the Doge and other meme-tokens should still be taken into account. I mean, if Musk starts to hype and popularize the Dogecoin on Twitter(X) again, it may trigger additional demand for the Dogecoin and all meme-tokens.
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Offline BitMaxz

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Re: Doge as an good investment
« Reply #63 on: February 28, 2024, 10:30:29 PM »
I agree with you that the Dogecoin price will go up anyway during the alt season, even without Musk. However, Musk's influence on the Doge and other meme-tokens should still be taken into account. I mean, if Musk starts to hype and popularize the Dogecoin on Twitter(X) again, it may trigger additional demand for the Dogecoin and all meme-tokens.

Yeah, agree he is the one who triggered Doge to gain a 30% increase instantly but I am just referring to someone who posted a few days ago that Dogecoin won't rise again without Elon Musk's tweet. Remember Dogecoin is the only meme coin that has survived until now and every altcoin season we always see that it also growing we thought before it did not have a future. I have 100k dogecoin I earn some of it from faucets and from someone who sent me dogecoin as a gift but I exchange it for other coins that I thought would increase in value but it's not. If I still have that amount I love to hold it until we see the price at $1 or above.
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Offline philipma1957

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Re: Doge as an good investment
« Reply #64 on: March 01, 2024, 05:53:20 AM »
Doge is a robust POW coin first and a meme second.

It is surpassing litecoin as the premier scrypt coin.

and both ltc and doge can be merge mined.
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Offline pawel7777

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Re: Doge as an good investment
« Reply #65 on: March 02, 2024, 12:04:48 AM »
Doge is a robust POW coin first and a meme second.

That's a bold statement considering it was literally started off as a joke.
I'm not sure how robust it is, but a lot of its security is resting on Litecoin. If not for merge-mining, miners would have to choose between those two and DOGE would have a much lower hash rate.

Offline philipma1957

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Re: Doge as an good investment
« Reply #66 on: March 02, 2024, 04:00:36 AM »
Doge is a robust POW coin first and a meme second.

That's a bold statement considering it was literally started off as a joke.
I'm not sure how robust it is, but a lot of its security is resting on Litecoin. If not for merge-mining, miners would have to choose between those two and DOGE would have a much lower hash rate.

If BTC was POS like Eth it would likely lose to eth.

point is the work 'if' is the largest most power would in the English language.

Doge + LTC merged mined via scrypt is a really solid POW.

I have earned tens of thousand of dollars mining them and plan to earn plenty more in the next bull run.
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Re: Doge as an good investment
« Reply #66 on: March 02, 2024, 04:00:36 AM »


Online TopT3ns

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Re: Doge as an good investment
« Reply #67 on: March 02, 2024, 01:16:14 PM »
I agree with you that the Dogecoin price will go up anyway during the alt season, even without Musk. However, Musk's influence on the Doge and other meme-tokens should still be taken into account. I mean, if Musk starts to hype and popularize the Dogecoin on Twitter(X) again, it may trigger additional demand for the Dogecoin and all meme-tokens.
Therefore, all meme coins and altcoins are waiting for a response from Elon Musk to immediately join in this year's altcoin season and hope that everything will happen quickly because currently the price has gone up a lot and when Elon Musk has started talking about cryptocurrency on his platform again then the price will increase very high. Currently, no one is stopping Elon Musk from doing that because Elon Musk has completely bought Twitter and he is free to use the platform.

Offline philipma1957

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Re: Doge as an good investment
« Reply #68 on: March 04, 2024, 01:31:48 AM »
Doge is whaling for miners smoking it all the way.  Fuck musk. do not need his stinking approvals.

an L7 earns $21.47 a day. and burns 75 kwatts so 20 cent power or less is a solid profit.

earn                21.47
burn .2 x 75 = 15
                       6.47 a day

I have 14 cent power so

.14 x 75 = $10.50


thus 21.47 - 10.50 = 9.47 a day profit
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Re: Doge as an good investment
« Reply #69 on: March 05, 2024, 05:16:36 PM »
Doge is whaling for miners smoking it all the way.  Fuck musk. do not need his stinking approvals.

an L7 earns $21.47 a day. and burns 75 kwatts so 20 cent power or less is a solid profit.

earn                21.47
burn .2 x 75 = 15
                       6.47 a day

I have 14 cent power so

.14 x 75 = $10.50


thus 21.47 - 10.50 = 9.47 a day profit
With a net profit of that amount, in my opinion, what you produce is very good because not everyone can and is capable of producing what you do, especially if you are consistent, you will certainly continue to develop and get maximum results.
Keep up the good work, friend. I would love to be able to do like you, but I don't have that ability.

Offline pawel7777

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Re: Doge as an good investment
« Reply #70 on: April 10, 2024, 11:02:13 PM »
Doge is whaling for miners smoking it all the way.  Fuck musk. do not need his stinking approvals.

an L7 earns $21.47 a day. and burns 75 kwatts so 20 cent power or less is a solid profit.

earn                21.47
burn .2 x 75 = 15
                       6.47 a day

I have 14 cent power so

.14 x 75 = $10.50


thus 21.47 - 10.50 = 9.47 a day profit

Are we talking merge mining with LTC here or DOGE only?
The last time I checked (years ago) people were saying that mining DOGE only was unprofitable and only merge mining made sense. But no idea on whether this is still the case, considering DOGE overtook LTC in marketcap.

Anyhow, paying $0.31/kWh, mining is not for me.

 

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