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Author Topic: Will DogeCoin be able to go back to the previous state again  (Read 1410 times)

Logitech50

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Re: Will DogeCoin be able to go back to the previous state again
« Reply #15 on: July 16, 2021, 06:22:37 PM »
The upside of Dogecoin’s never-ending supply of tokens is that the price stays relatively stable. The downside is that the price usually remains very low. Most people get into the crypto world as an investment. They hope that if they hang onto certain tokens long enough, they can sell for a profit.
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Re: Will DogeCoin be able to go back to the previous state again
« Reply #15 on: July 16, 2021, 06:22:37 PM »


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Re: Will DogeCoin be able to go back to the previous state again
« Reply #16 on: July 16, 2021, 06:34:57 PM »
The upside of Dogecoin’s never-ending supply of tokens is that the price stays relatively stable. The downside is that the price usually remains very low. Most people get into the crypto world as an investment. They hope that if they hang onto certain tokens long enough, they can sell for a profit.

You're right, but most of the people who invest in Doge are new investors, and the vast majority of those people have neither the experience nor the patience to wait long enough for Doge to increase in value. Doge's biggest problem isn't just Elon Musk or unlimited supply, it's 95% of investors, people who think that by buying a few coins today they will have enough money to buy a Lambo tomorrow.
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Re: Will DogeCoin be able to go back to the previous state again
« Reply #16 on: July 16, 2021, 06:34:57 PM »
:)

msz900

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Re: Will DogeCoin be able to go back to the previous state again
« Reply #17 on: July 17, 2021, 07:31:52 PM »
As we saw earlier, the whole crypto market is dependent on the BTC and now the overall movement of the market is based on BTC, if BTC moves up then the market will be GREEN and if BTC moves down then the market will be RED.
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Re: Will DogeCoin be able to go back to the previous state again
« Reply #18 on: July 17, 2021, 08:36:30 PM »
As we saw earlier, the whole crypto market is dependent on the BTC and now the overall movement of the market is based on BTC, if BTC moves up then the market will be GREEN and if BTC moves down then the market will be RED.
Yes, I agree with you, I also focus on the crypto market using Bitcoin in the first place.  But now the Doge has dropped more than bitcoin or some other cryptocurrency and is showing the lowest price for a long time, I think it's a good time to invest.
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Re: Will DogeCoin be able to go back to the previous state again
« Reply #19 on: July 18, 2021, 01:20:57 PM »
It also depends on how patient people are from now on, it seems like Elon Musk doesn't want to talk much about Doge on Twitter right now, maybe because he is not interested or maybe because he has realized that with his words many people have ended up bankrupt, so if this continues, many people may start selling soon. There are too many factors to focus it easily.
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Re: Will DogeCoin be able to go back to the previous state again
« Reply #20 on: August 10, 2021, 03:35:39 PM »
DOGE is now very large because it has full support from various factors just like Bitcoin which already has a lot of supporters throughout the cryptocurrency market.
I also believe and hope that this DOGE will not dump or return to all places because I see this DOGE is a super big coin in the future.

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Re: Will DogeCoin be able to go back to the previous state again
« Reply #21 on: September 13, 2021, 11:59:26 PM »
It is very possible, especially in the bearish season. I am sure there will be a huge decrease in Doge value in the next bearish if no support or tweet from Elon Musk anymore. So far, Doge price just increase because of the big support from Elon Musk. Elon's tweets make people be interested to buy Dogecoin. If no Elon tweets, the interest of people can drop, then the demand in the market be freefall. This situation possibly triggers the huge decrease in Doge value.
« Last Edit: September 14, 2021, 12:02:59 AM by Alter »

 

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