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Author Topic: Doge as an good investment  (Read 6390 times)

Offline Rubel007

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Re: Doge as an good investment
« Reply #45 on: February 15, 2024, 05:20:36 PM »
Are you sure Dogecoin will generate its new ATH in 2025? If so I would invest Dogecoin with some dollars and wait until new ATH is generated. Dogecoin currently stands at $0.08061 but I think it is still a good price to invest. Many did not predict this coin very well. But I also believe that this Dogecoin will be in a good place in the future even though it is currently one of the top positions in the market cap. But I will invest some dollars at my own risk whether the price of Dogecoin goes up or not.
The new ATH for Doge price movements will occur following Bitcoin price movements, and of course, this depends on Elon Musk's policy. As long as Elon Musk provides full support, then the new ATH will be easy to achieve. The most important thing is to buy Doge now when the price is still cheap and when the price will increase in 2025, so it will provide a lot of profit for you.
Currently the crypto bull run has started and many know how aggressive Doge coin can be in this bull run. Since Elon Musk is heavily associated with this coin, if there is no good news from him, it is doubtful whether the coin has much chance of rising. The coin showed ATH during the last bull market but since then the coin has no good movement. It could not even improve by 20 cents. But anything can happen in crypto. If Doge Coin continues to grow this year in the same way it did during the last bull market, I think it would be better investment for investors. I personally believe this coin will be able to reach a new all time high between 2024 and 2025.

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Re: Doge as an good investment
« Reply #45 on: February 15, 2024, 05:20:36 PM »

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Re: Doge as an good investment
« Reply #46 on: February 15, 2024, 05:49:03 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.
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Re: Doge as an good investment
« Reply #47 on: February 15, 2024, 05:55:53 PM »
With the trend right now, it's definitely high and with the projections, it can possibly go to $1, but with all the cases being presented, we know that it's still up to the market. It will be hard and have risk with these types of coins but Doge is really established now, it can be a good investment. Not an investment advice



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.
That's okay, we wouldn't know either way. It's just luck and belief with the coin that made it into what it is now. Onto the next investment, eh?
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Offline pawel7777

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Re: Doge as an good investment
« Reply #48 on: February 15, 2024, 11:57:26 PM »
I will make this brief. Due to the previous of prices and performance of doge coin I just come to a thought Few months ago doge was around the price range of $0.06. Recently is around $0.087 just imagine those that brought around $0.06 with $50 that will give  833.33 doge in quantities. And now the price is around $0.087 by that time your funds already in the range of $72.5 making a profit of $22.5. And doge coin have the potential to reach $0.2 in a long run, that will make your $50 funds be in the range of $166.66 making the profit of $116.66 that's a pretty nice profit s for a small amount of $50 invested. So always try your best to do proper research and always take action on time to not miss great opportunities there's still time to dive in and partake in this recent bull run and for the upcoming one after Bitcoin halving.

What you're describing is not what is generally understood as investing and probably not even as trading, but as speculating on the price movements.
With all my sympathy for the DOGE (I remember its beginning and its fantastic community, which is now sadly mostly a thing of the past), I would never call it a good investment.
Sure, if you buy at the right time, you could sell it with profit, but it doesn't have any fundamentals that would make it appreciate in value. It's got infinite inflation, you can't stake it, it has no real usage other than trading and all its value rests on the meme potential and on hopes that Musk will do something with it (which he unlikely will).

Offline philipma1957

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Re: Doge as an good investment
« Reply #49 on: February 16, 2024, 12:06:52 AM »
I mine doge I hodl it. I believe in it. I think is a true 5 year hodl coin.

I will likely sell some btc and buy doge with it.
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aiviaa485

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Re: Doge as an good investment
« Reply #50 on: February 18, 2024, 08:07:39 AM »
I will make this brief. Due to the previous of prices and performance of doge coin I just come to a thought Few months ago doge was around the price range of $0.06.
Seeing the thread you wrote at the beginning and said that DOGE was around the price of 0.06 USD, I was surprised because I saw that now the price of the DOGE coin had risen to 0.082 USD.
Maybe if OP holds DOGE coins from the initial price that has been said, it will now have a profit of more than 22%, but is OP also strong enough to hold DOGE coins?

There are lots of people who mine DOGE coins and then they hold DOGE coins for a long time, maybe more than 2 years.
On the altcoinstalks forum, there are now many experts in mining DOGE coins after Bitcointalk member Teleportation and I often see them saying that this DOGE coin is indeed a very worthy coin to invest in.

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Re: Doge as an good investment
« Reply #51 on: February 18, 2024, 08:40:11 AM »
I will make this brief. Due to the previous of prices and performance of doge coin I just come to a thought Few months ago doge was around the price range of $0.06.
Seeing the thread you wrote at the beginning and said that DOGE was around the price of 0.06 USD, I was surprised because I saw that now the price of the DOGE coin had risen to 0.082 USD.
Maybe if OP holds DOGE coins from the initial price that has been said, it will now have a profit of more than 22%, but is OP also strong enough to hold DOGE coins?

There are lots of people who mine DOGE coins and then they hold DOGE coins for a long time, maybe more than 2 years.
On the altcoinstalks forum, there are now many experts in mining DOGE coins after Bitcointalk member Teleportation and I often see them saying that this DOGE coin is indeed a very worthy coin to invest in.
you right investing on doge initial price, would be more profit I actually have some small amount of doge before the surging to the price range of 0.08usd but the issue was that the quantity I hold was not enough I would have hold more and maybe my profit would have been bigger and more profitable.
Well may be if market undergo any form of corrections I would try and accumulate more. To be in a safer side than to jump in rifhy away.

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Re: Doge as an good investment
« Reply #51 on: February 18, 2024, 08:40:11 AM »


aiviaa485

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Re: Doge as an good investment
« Reply #52 on: February 19, 2024, 02:20:31 PM »
I will make this brief. Due to the previous of prices and performance of doge coin I just come to a thought Few months ago doge was around the price range of $0.06.
Seeing the thread you wrote at the beginning and said that DOGE was around the price of 0.06 USD, I was surprised because I saw that now the price of the DOGE coin had risen to 0.082 USD.
Maybe if OP holds DOGE coins from the initial price that has been said, it will now have a profit of more than 22%, but is OP also strong enough to hold DOGE coins?
Well may be if market undergo any form of corrections I would try and accumulate more. To be in a safer side than to jump in rifhy away.
But the problem may be that currently the market is trending Bullish and all altcoins are rising so quickly because Bitcoin is creeping up slowly and now I see it is stable at a price of 52,000 USD.
DOGE coin is also the same, even though it only rose by a few percent, that means DOGE coin also rose quickly, following other altcoins which were seen rising by tens of percent.
And for you it seems like you will keep missing the train because indirectly the DOGE coin continues to rise in price and the train continues to move away from you. :P

Offline philipma1957

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Re: Doge as an good investment
« Reply #53 on: February 19, 2024, 04:17:39 PM »
I will make this brief. Due to the previous of prices and performance of doge coin I just come to a thought Few months ago doge was around the price range of $0.06.
Seeing the thread you wrote at the beginning and said that DOGE was around the price of 0.06 USD, I was surprised because I saw that now the price of the DOGE coin had risen to 0.082 USD.
Maybe if OP holds DOGE coins from the initial price that has been said, it will now have a profit of more than 22%, but is OP also strong enough to hold DOGE coins?

There are lots of people who mine DOGE coins and then they hold DOGE coins for a long time, maybe more than 2 years.
On the altcoinstalks forum, there are now many experts in mining DOGE coins after Bitcointalk member Teleportation and I often see them saying that this DOGE coin is indeed a very worthy coin to invest in.

Since Jan 1 2021 the bitmain L7 for scrypt has been a better earner per watt burned than any sha 256 miner made by bitmain.

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Re: Doge as an good investment
« Reply #54 on: February 20, 2024, 06:52:33 AM »
I only have a few DOGE coins and I want DOGE coins to reach the price of 1 USD, after that I will sell all DOGE coins.
My estimate is that after the DOGE coin reaches the price of 1 USD, there will definitely be many threads, online media news and various information that can provide "why did the DOGE coin pass the price of 1 USD"?

The most profitable thing for DOGE coins to invest in is since the price is 40 Satoshi and I only bought a little at that time.
Until now I still have it on Binance exchange, and that's why I want to sell all these DOGE coins if it hits the price of 1 USD. If you don't HodL, then you won't be rich said CZ.
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Offline Thyplaymaker

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Re: Doge as an good investment
« Reply #55 on: February 20, 2024, 08:58:51 PM »
I only have a few DOGE coins and I want DOGE coins to reach the price of 1 USD, after that I will sell all DOGE coins.
My estimate is that after the DOGE coin reaches the price of 1 USD, there will definitely be many threads, online media news and various information that can provide "why did the DOGE coin pass the price of 1 USD"?

The most profitable thing for DOGE coins to invest in is since the price is 40 Satoshi and I only bought a little at that time.
Until now I still have it on Binance exchange, and that's why I want to sell all these DOGE coins if it hits the price of 1 USD. If you don't HodL, then you won't be rich said CZ.
Yeah if that prediction really hit and doge coin hit $1 I would be an amazing experience. Though I actually have few doge am holding too. But still pains me for selling those doge I had back then when the price was still the price range of 0.05$. I actually sold from my holding of doge and I didn't replace it on time before it rose to its current price due to the surge of market recently.

But well I would keep holding onto mine and try and get more still, I've came across alot of thread concerning holding coins in cex, most people don't recommend holding in cex account. That Dex account is the best to hold and more safer too and I actually think so too

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Offline yohananaomi

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Re: Doge as an good investment
« Reply #56 on: February 21, 2024, 06:22:32 AM »
1 dollar per Dogecoin sounds like a very hard target to reach, even if the market is bullish. I don't rule it out, but at the same time, I don't see what should happen to Dogecoins to make them go from 8 cents to $1. I doubt Musk will be able to repeat the hype that he created around Doge in 2021.
I also doubt that, seeing that the current price has decreased and is not in line with the movement of Bitcoin, which continues to improve. Elon is too busy with matters with X and, of course, will not do what was done at that time, because there could be no profit received so far. When the doge went down there was no initiative on his part to be able to move the doge to move up again. Elon had forgotten about it.

Offline bitterguy28

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Re: Doge as an good investment
« Reply #57 on: February 21, 2024, 09:15:05 AM »
How long can you afford to hold your dogecoin? https://coinmarketcap.com/currencies/dogecoin/ having 8 cents now if Dogecoin break 1 dollars finally in bull market then you will surely earn tons of profit mate.

1 dollar per Dogecoin sounds like a very hard target to reach, even if the market is bullish. I don't rule it out, but at the same time, I don't see what should happen to Dogecoins to make them go from 8 cents to $1. I doubt Musk will be able to repeat the hype that he created around Doge in 2021.
Correct that would be a hard target but for those who truly trust Dogecoin they are aiming to reach that even if this took them long term as dogecoin stands in the market for how many yeas now.
Hope that in the next couple of halving this will be attain.

Offline yohananaomi

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Re: Doge as an good investment
« Reply #58 on: February 26, 2024, 10:12:33 PM »
Correct that would be a hard target but for those who truly trust Dogecoin they are aiming to reach that even if this took them long term as dogecoin stands in the market for how many yeas now.
Hope that in the next couple of halving this will be attain.
There are always those who feel optimistic about their opinions and that is a very natural thing for anyone to do.
But looking at current developments where Bitcoin has improved, there doesn't appear to be any movement that could show Doge can also achieve it. This is the pessimist that it will be difficult for Doge to achieve the specified target, and you are also right that the halving period will determine whether there can be changes and not because of Elon Musk.

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Re: Doge as an good investment
« Reply #59 on: February 27, 2024, 10:11:19 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.

However, if we return to bullishness like last season where the price skyrocketed, I personally still have a little doubt. especially if this coin will reach more than $1. This will be quite difficult. Currently the price of Doge is around $0.09884. That's a long way down, right? So it might be very difficult for this coin to at least reach ATH in the next bullish era.
https://coinmarketcap.com/currencies/dogecoin/

 

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