Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: Thyplaymaker on December 18, 2023, 04:56:56 PM

Title: Doge as an good investment
Post by: Thyplaymaker on December 18, 2023, 04:56:56 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.
Title: Re: Doge as an good investment
Post by: electronicash on December 18, 2023, 05:43:24 PM

doge still is one of the top coin on CMC. this is probably one of my best investment of all  crypto besides BTC and i'm gonna be holding them for a longtime i think as this is what i use to bet on casinos and sports.

this is still one of the most decentralize coins out there like like BTC where there is no CEO anymore. the dev sold all his doge. afaik.
Title: Re: Doge as an good investment
Post by: damsix on December 18, 2023, 07:13:56 PM
the dev sold all his doge. afaik.
LOL
Very true, if the #DevelopmentTeam  from the Doge coin has sold everything and it is very ridiculous to him because it is the same as abandoning his own child.
If Vitalik Buterin still has thousands of Ethereum in his wallet then it is certain that Vitalik Buterin is very fond of his child (Ethereum). Comparison Doge and Ethereum.
But if Vitalik Buterin sells all his Ethereum coins, it is certain that he has sold all the assets that were pioneered from the beginning and this was very embarrassing to me.
Title: Re: Doge as an good investment
Post by: MrSpasybo on December 18, 2023, 07:14:42 PM
DOGE is a famous token thanks to Elon Musk's promotion through Twitter, but it is still just a meme and does not have a large enough ecosystem with  popular applications as Defi or NFT. I count meme as trend at the hottest stage of bullrun, so I will only care about DOGE or SHIB or PEPE after the next BTC Halving.

Although the returns of memes in the previous cycle have been extremely attractive, the risk criteria do not allow me to touch memes right now. If I buy it, I'll spend only $10 to buy DOGE  ;D
Title: Re: Doge as an good investment
Post by: Freemind on December 18, 2023, 09:17:34 PM
It's funny, Charlie Lee, creator of Litecoin, did exactly the same thing. They sold at a very good price and then abandoned the "projects". In the case of Litecoin I can understand it, it appeared shortly after Bitcoin and that was still a “novelty”, but in the case of Doge I don't understand anything. It seems that people do not know that the day Elon Musk decides to sell, many will end up bankrupt. I think Vitalik's case is different and not comparable, he is committed to Ethereum and that is very positive for the community.
Title: Re: Doge as an good investment
Post by: Thyplaymaker on December 19, 2023, 12:21:03 AM
It's funny, Charlie Lee, creator of Litecoin, did exactly the same thing. They sold at a very good price and then abandoned the "projects". In the case of Litecoin I can understand it, it appeared shortly after Bitcoin and that was still a “novelty”, but in the case of Doge I don't understand anything. It seems that people do not know that the day Elon Musk decides to sell, many will end up bankrupt. I think Vitalik's case is different and not comparable, he is committed to Ethereum and that is very positive for the community.
Lol literally got a good point at that bankrupt part but sane Elon musk might also do something that can skyrocket the price of doge coin so it's either way i guess. But thanks for your opinions :D
Title: Re: Doge as an good investment
Post by: densus88 on December 20, 2023, 12:22:03 AM

doge still is one of the top coin on CMC. this is probably one of my best investment of all  crypto besides BTC and i'm gonna be holding them for a longtime i think as this is what i use to bet on casinos and sports.

this is still one of the most decentralize coins out there like like BTC where there is no CEO anymore. the dev sold all his doge. afaik.

Yeah, I think doge is still potential and profitable coin for investment.
The current price is still cheap, If you want to hold.
I think Yo can do.
Doge price will touch new ATH again at beginning 2025.
Title: Re: Doge as an good investment
Post by: Spyroo on December 20, 2023, 03:12:18 PM

doge still is one of the top coin on CMC. this is probably one of my best investment of all  crypto besides BTC and i'm gonna be holding them for a longtime i think as this is what i use to bet on casinos and sports.

this is still one of the most decentralize coins out there like like BTC where there is no CEO anymore. the dev sold all his doge. afaik.

Yeah, I think doge is still potential and profitable coin for investment.
The current price is still cheap, If you want to hold.
I think Yo can do.
Doge price will touch new ATH again at beginning 2025.
In the current market condition, it seems that investing in alt coins is not possible to get good results.But at one time the price of this coin increased a lot when Elon Musk invested in this coin.
Title: Re: Doge as an good investment
Post by: Ghozrd on December 22, 2023, 01:42:11 AM
Bitcoin Halving determines the increase in altcoin prices, I use the Doge network to trade, without me knowing, some tokens in the Dogecoin network are increasing all the time, some developers create tokens in the Dogecoin network, this may increase the price of Doge in the network in the future
Title: Re: Doge as an good investment
Post by: hugeblack on December 23, 2023, 11:47:14 AM
In the past, Mask caused a pumping movement in the price, so it was easy for Doge to move in a rapid upward movement, but now it follows the same pattern as most cryptocurrencies that have a high market capacity, and they all follow Bitcoin in the rapid movement, so there is nothing special now in investing in Doge. On the contrary, many people may sell if there is a stunning rise, so use it for short-term investment, not long-term.
Title: Re: Doge as an good investment
Post by: Muneeb22 on December 23, 2023, 05:34:43 PM
Doge is a very good coin and this is the best investment in the crypto market becasue not all coins are best coins in this market like Doge just some coins which gives good amount of profit to their investors, i just invest $1 in this coin and get good profit when it goes high at the bull time.
Title: Re: Doge as an good investment
Post by: mahadev on December 24, 2023, 12:13:22 PM
Doge is a very good coin and this is the best investment in the crypto market becasue not all coins are best coins in this market like Doge just some coins which gives good amount of profit to their investors, i just invest $1 in this coin and get good profit when it goes high at the bull time.

I don't agree doge is the best investment, but maybe pretty good.
Top3 coins are the best coins for investment.
I have gained a lot profits from doge at the last year.
Hopefully it will happen again at the next year
Title: Re: Doge as an good investment
Post by: yawar20 on December 24, 2023, 05:15:58 PM
Ultimately, the current crypto conditions show that Dogecoin is more profitable than SHIBA with its larger market capitalization, higher trading volume, and widespread adoption. However, both coins are highly volatile and subject to change depending on market trends and individual investments decisions.
Title: Re: Doge as an good investment
Post by: Hisbullah on December 26, 2023, 07:23:24 AM
Ultimately, the current crypto conditions show that Dogecoin is more profitable than SHIBA with its larger market capitalization, higher trading volume, and widespread adoption. However, both coins are highly volatile and subject to change depending on market trends and individual investments decisions.

Sure. doge is more profitable than Shib.
By seeing we all know which is better.
Doge is better and good for hold.
I think if their team improve their project each shib and doge will be good competition, let's see .
How will be
Title: Re: Doge as an good investment
Post by: doc on December 27, 2023, 10:24:05 AM
yeah, doge is good investment.
I think top 10 coins are the best coin for investment.
At the last year , we ever read about doge and Elon musk.
I don't think doge will survive until now.
Because as many people said , doge is meme coin.
But I see doge is always being the good choice for investment

Title: Re: Doge as an good investment
Post by: therozaq on December 27, 2023, 10:46:47 AM

doge still is one of the top coin on CMC. this is probably one of my best investment of all  crypto besides BTC and i'm gonna be holding them for a longtime i think as this is what i use to bet on casinos and sports.

this is still one of the most decentralize coins out there like like BTC where there is no CEO anymore. the dev sold all his doge. afaik.

BTC is the King of crypto currency, it's the pioneer.
I don't think to compare with dogecoin.
Doge is just meme coin.
In my prediction, at the coming years famous people will manipulate this coin for their benefits, maybe by  endorse or promote this coin.
After Elon musk, who will be the next .
Title: Re: Doge as an good investment
Post by: Muneeb22 on December 28, 2023, 01:33:40 PM
Doge is a good investment it's true and I hope that dogecoin soon touches $2 because the last time bull Dogecoin make a big high and i hope this time bull Dogecoin will also go high and this coin make a good high and the holders will get good profit in their account. SO buy now the Dogecoin and hold that in your wallet.
Title: Re: Doge as an good investment
Post by: KryptoBull on December 29, 2023, 02:25:14 PM
I will just put a few dozen USD into DOGE as a lottery ticket in next cycle. DOGE price has increased very strongly in the last cycle and I doubt its potential when the meme coin market already has many other projects such as Shiba, Pepe, Bonk. Now Elon Musk doesn't want to talk about crypto anymore, I'm quite worried about the future of DOGE coin when ElonMusk abandoned it.
Title: Re: Doge as an good investment
Post by: shuvenker999 on December 30, 2023, 01:43:30 PM
Dogecoin has the opportunity to return to the era of meme coins so that the price of Dogecoin has the potential to increase, but you have to understand the high risk of loss from altcoin investments so don't use more than 15% for investment altcoins, but you have to buy Dogecoin at a low target price because the impact of a market correction can causing the price of Dogecoin to decrease.
Title: Re: Doge as an good investment
Post by: kulkhan on December 30, 2023, 04:06:02 PM
Doge Is best meme in crypto currency market. Doge still top coin on cryptocurrency market. It is best for investment. I am trading with Doge since 2017 when it’s price was very low. Now doge is huge popular coin. Because world famous person and big crypto investor Elon Musk promote Doge coin on Twitter (x). So now it is huge popular coin now.

I am trading with Doge for long time, it has been near about six years. And i am huge profited form Doge coin. And still i have big investment on Doge. I think i will huge profited form doge in future. So i can tell there has no doubt Doge coin is best coin for investment.
Title: Re: Doge as an good investment
Post by: IyemRoker on December 31, 2023, 01:40:55 AM
*quote of the day* -don't regret looking at the past-.
OP bought Doge coin at 0.06 USD and now Doge price is 0.095, it has gone up more than 20%.
Reading this thread made me remember the past because the first time I learned about Bitcoin, the price was already over $13,000 USD.
If you look at the comparison between the OP's experience and mine, maybe there is a bit of regret in the same way because I didn't buy more at the beginning, if I had bought more at the beginning, maybe now I would have tens of thousands of USD.
Title: Re: Doge as an good investment
Post by: GDI on December 31, 2023, 08:03:06 PM
According Elon Musk, yes.

And for those who like mem coins. From the first side it is funny, from another side it is an investment.
Title: Re: Doge as an good investment
Post by: Zed0X on January 03, 2024, 03:57:42 PM
Like it or not, Doge remains one of the favorites when it comes to transferring funds. You won't have any issues with regulators and delisting from exchanges. Now, is it a good investment? I guess it's a decent bet once every four years. Mainstream would probably take this seriously if it becomes a payment method on X (formerly Twitter). Elon and his team could do a test run for the new users who wish to pay to be able to use basic functionalities such as posts and retweets.
Title: Re: Doge as an good investment
Post by: yohananaomi on January 04, 2024, 03:15:09 AM
Dogecoin has the opportunity to return to the era of meme coins so that the price of Dogecoin has the potential to increase, but you have to understand the high risk of loss from altcoin investments so don't use more than 15% for investment altcoins, but you have to buy Dogecoin at a low target price because the impact of a market correction can causing the price of Dogecoin to decrease.
Always, everyone will say that there will be a chance for doge to increase again, but how much ability doge has to increase, of course, is difficult to predict precisely because, after all, after achieving its ATH in 2021, until now there has been no ability to return to equal or at least close. So it also needs to be taken into account if you really have the intention to invest in Doge. I agree with you not to buy with all your existing funds but only a portion, to avoid that there will actually be a correction that will make your funds disappear, or wait for a correction first and then buy it, and usually it will happen close to the halving era, which will not be long in the future. Once again, you always have to pay close attention to movements because bad things could happen, even though the dog is still considered quite good.
Title: Re: Doge as an good investment
Post by: dekafee79 on January 05, 2024, 02:20:41 AM

doge still is one of the top coin on CMC. this is probably one of my best investment of all  crypto besides BTC

Yeah, doge is very potential and also one of my favourite coin.
I have invested and still hold from bought at the last year. Bitcoin, Ethereum, BNB, doge, SOL, DOT in my wallet.


DOGE is a famous token thanks to Elon Musk's promotion through Twitter, but it is still just a meme and does not have a large enough ecosystem with  popular applications as Defi or NFT.

Elon Musk is the person most instrumental in popularizing Dogecoin.  Although Many people say Elon is taking advantage of THAT.  It is reasonable.  Every businessman must do things that are profitable for him, but still contribute to doge.  Become more popular.
unfortunately doge  didn't have good project, It's just a meme coin.
Title: Re: Doge as an good investment
Post by: vegasus on January 05, 2024, 11:56:54 PM
I'm still not sure if using Doge is a very good asset for long term investment. It cannot be denied that there has also been a very significant increase or bull run in the bullish era of last season. In fact, this condition really surprised the Doge holders, because they became billionaires in a very short time thanks to the skyrocketing price of Doge.

but behind all that, if this is the current era, in my opinion it is very risky to invest in doge... Or all kinds of Meme coins other than that, since then new meme coin projects have emerged very often.
Title: Re: Doge as an good investment
Post by: Papusha20 on January 26, 2024, 06:12:25 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. 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.

If investors want to invest then definitely listen to the details, Dogecoin was at a very low level in the beginning from where this project was taken over by a famous owner named Elon musk. After Elon musk adopted this technology, many investors invested in this project and its price went up to 0.70 cents. The project has seen a lot of growth since it changed hands. A lot of different people have accumulated wealth here and are very well placed in their current positions. If Dogecoin price improves in the future according to investor opinion, Dogecoin price will be more likely to be $2 to $3. Now the market is at a low level it will definitely be a top upside within a few months. Then the future of Dogecoin will be successful and investors will be able to reap huge benefits from it. After every halving all coins have the highest price increase.
Title: Re: Doge as an good investment
Post by: philipma1957 on January 26, 2024, 04:12:23 PM
Doge is the best 20 year and out coin there is.

It is far better to do small value moves than btc.

It has solved the vanishing reward issue by endless decreases in inflation.

year 1 x
year 2. 2x 100% inflation
year 3. 3x  50% inflation
year 4. 4x. 33% inflation
year 5. 5x. 25% inflation
year 6. 6x. 20% inflation

bla
bla
bla
year 10 10x
year 11 11x 10% inflation
bla
bla
bla
year 20 20x
year 21 21 x 5% inflation
bla
bla
bla
year 25 25x
year 26 26x 4% inflation
bla
bla
bla
year 50 50x
year 51 51x 2% inflation
bla
bla
bla
year 100 100x
year 101 101x 1% inflation


those numbers destroy btc from the miners viewpoint.

if you believe in POW you need to believe in doge.

Now if you are a POS guy you can stick with eth or some other POS coin
Title: Re: Doge as an good investment
Post by: Freemind on January 27, 2024, 05:56:49 PM
~

@philipma1957, now, from all the calculations you've done, subtract everything Elon Musk has said and done about Doge. The result would probably be something like $0.00008547 (this was the last Doge ATL) or something similar. People who believe in PoW do not have to believe in Doge because Doge is not in the current position thanks to mining, but is in the current position thanks to a skillful speculator and market manipulator. Doge's achievements through Musk are in no way comparable and, in my opinion, have nothing to do with mining.
Title: Re: Doge as an good investment
Post by: philipma1957 on January 28, 2024, 05:23:03 AM
~

@philipma1957, now, from all the calculations you've done, subtract everything Elon Musk has said and done about Doge. The result would probably be something like $0.00008547 (this was the last Doge ATL) or something similar. People who believe in PoW do not have to believe in Doge because Doge is not in the current position thanks to mining, but is in the current position thanks to a skillful speculator and market manipulator. Doge's achievements through Musk are in no way comparable and, in my opinion, have nothing to do with mining.


Well we simply agree to disagree. I am a true believer of watts become wealth

or pow.


I see the LTC/Doge merge mining scrypt the most effective way to mine for profit.

Do the math. Nothing compares to the L7 miner since it first came out in 2021.
Title: Re: Doge as an good investment
Post by: Primo1760 on January 28, 2024, 11:42:43 AM

doge still is one of the top coin on CMC. this is probably one of my best investment of all  crypto besides BTC and i'm gonna be holding them for a longtime i think as this is what i use to bet on casinos and sports.

this is still one of the most decentralize coins out there like like BTC where there is no CEO anymore. the dev sold all his doge. afaik.

Yeah, I think doge is still potential and profitable coin for investment.
The current price is still cheap, If you want to hold.
I think Yo can do.
Doge price will touch new ATH again at beginning 2025.
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.
Title: Re: Doge as an good investment
Post by: philipma1957 on January 28, 2024, 02:02:45 PM

doge still is one of the top coin on CMC. this is probably one of my best investment of all  crypto besides BTC and i'm gonna be holding them for a longtime i think as this is what i use to bet on casinos and sports.

this is still one of the most decentralize coins out there like like BTC where there is no CEO anymore. the dev sold all his doge. afaik.

Yeah, I think doge is still potential and profitable coin for investment.
The current price is still cheap, If you want to hold.
I think Yo can do.
Doge price will touch new ATH again at beginning 2025.
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.

I continue to mine it and hold it. My sell ladders are:

 24 cents
 48 cents
 73 cents
 98 cents
Title: Re: Doge as an good investment
Post by: IvugeoEvolutionCoin on January 28, 2024, 10:15:07 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.
Title: Re: Doge as an good investment
Post by: jonathancool220 on January 29, 2024, 05:15:05 AM
For those who like mining DOGE coins, this could be the best choice because I noticed that this DOGE coin has an algorithm that is open for mining.
I don't understand how to mine cryptocurrency, but for those who understand mining, it seems like this DOGE coin is worth investing in. Now I only focus on my final college assignment.
I once saw a Telegram channel but now I forget which channel provided information about someone who had been mining DOGE since 2016 and didn't sell it until the price was more than 0.5 USD.
Then the channel also provided information that the miners had hundreds of millions of DOGE coins since the first time they mined, but unfortunately I forgot which channel this news was on, too bad. :-\
Title: Re: Doge as an good investment
Post by: Thyplaymaker on January 31, 2024, 09:41:01 PM

doge still is one of the top coin on CMC. this is probably one of my best investment of all  crypto besides BTC and i'm gonna be holding them for a longtime i think as this is what i use to bet on casinos and sports.

this is still one of the most decentralize coins out there like like BTC where there is no CEO anymore. the dev sold all his doge. afaik.

Yeah, I think doge is still potential and profitable coin for investment.
The current price is still cheap, If you want to hold.
I think Yo can do.
Doge price will touch new ATH again at beginning 2025.
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.

I continue to mine it and hold it. My sell ladders are:

 24 cents
 48 cents
 73 cents
 98 cents
Wow that nice please can you help me with any good recommendation of any doge miner. So that I can also start mining. I'm already though but I think holding and mining would be more Epic and nice too so like where can I start Mining doge?
Quote
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 $0.08061 but I think it is still a good price to invest. Many did not predict this coin very well. But I also believe that this Dogecoin will be in a good place in the future even though it is currently one of the top positions in the market cap. But I will invest some dollars at my own risk whether the price of Dogecoin goes up or not.
Doge is actually a coin with a great potential So am sure is going to creat a new ATH during the next bullish market that why keep holding mine. And holding such project for long term would be more profitable.
Title: Re: Doge as an good investment
Post by: pacar_tiri on January 31, 2024, 11:56:08 PM
For those who like mining DOGE coins, this could be the best choice because I noticed that this DOGE coin has an algorithm that is open for mining.
I don't understand how to mine cryptocurrency, but for those who understand mining, it seems like this DOGE coin is worth investing in. Now I only focus on my final college assignment.
I once saw a Telegram channel but now I forget which channel provided information about someone who had been mining DOGE since 2016 and didn't sell it until the price was more than 0.5 USD.
Then the channel also provided information that the miners had hundreds of millions of DOGE coins since the first time they mined, but unfortunately I forgot which channel this news was on, too bad. :-\
I've heard the information about the bot you mentioned, and it was a long time ago, if I'm not mistaken, in 2014, and it seems like there are no telegram bots that give doge coins for free, like you mentioned when the price of dogecoin last increased to that high.
Title: Re: Doge as an good investment
Post by: MVL~$ on February 02, 2024, 03:28:51 PM
Dogecoin has the potential to grow in the future. Some tokens on the Dogecoin network are going to grow. Hopefully these tokens will gradually regain their full health. It is one of the other best coins in crypto currency. At this time also those who invest in these coins and hold them in the future will definitely be able to earn huge profits after a period of time.
Title: Re: Doge as an good investment
Post by: DAMKAR on February 03, 2024, 05:36:01 AM
Dogecoin has the potential to grow in the future. Some tokens on the Dogecoin network are going to grow. Hopefully these tokens will gradually regain their full health. It is one of the other best coins in crypto currency. At this time also those who invest in these coins and hold them in the future will definitely be able to earn huge profits after a period of time.

Dogexpin is very popular but I didn't say it's  very potential to hold.
TBH I will hold the coins which have good project besides bitcoin as  my favourite coin. I will invest in BNB, Solana, DOT, TRX but not invest to meme coins like doge
Title: Re: Doge as an good investment
Post by: kent47400 on February 04, 2024, 03:53:33 AM
I will invest in BNB, Solana, DOT, TRX but not invest to meme coins like doge
Maybe those who say that DOGE is good to invest in are because they already have DOGE at a price of 1 Satoshi.
Just look at the market, the price of DOGE coins now exceeds hundreds of Satoshis and if the price drops to tens of Satoshis, they will still make a profit because they hold the price of 1 Satoshi.
And also the comparison between DOGE coin and BNB, Solana, DOT, TRX is very far away because these coins are designed to have very many functions in various Dapps, DOGE was only created to be a Funny coin and is now a unique meme coin.
Title: Re: Doge as an good investment
Post by: NikeFit_7777 on February 06, 2024, 09:37:20 AM
Maybe those who say that DOGE is good to invest in are because they already have DOGE at a price of 1 Satoshi.
Just look at the market, the price of DOGE coins now exceeds hundreds of Satoshis and if the price drops to tens of Satoshis, they will still make a profit because they hold the price of 1 Satoshi.
And also the comparison between DOGE coin and BNB, Solana, DOT, TRX is very far away because these coins are designed to have very many functions in various Dapps, DOGE was only created to be a Funny coin and is now a unique meme coin.
Maybe, for it is not clear to me why invest in it now if the price has given hundreds of % return. + don't forget for the man from the name (Ilon Musk) - who likes to tell (fairy tales) just to get users to buy the asset he wants.

1 negative news, trust me, we'll see from -10% at least to -50% in a few hours. Personally I don't buy memes, better to under-earn than lose everything I have at the moment.

P.S. They created it themselves, said the following: "This asset was created for fun...it has no value Doge" What else is there to say after that?  ::)
Title: Re: Doge as an good investment
Post by: Wiseman on February 14, 2024, 07:01:14 AM
All meme coins are good for investing only in the short term, I mean the purchase of such tokens and similar tokens for no more than a few days, even though the dogе has proven itself, it is still better not to get involved with it to avoid large losses, such tokens as well as well grow in value and well fall).
Title: Re: Doge as an good investment
Post by: electronicash on February 14, 2024, 09:02:56 PM
I will invest in BNB, Solana, DOT, TRX but not invest to meme coins like doge
Maybe those who say that DOGE is good to invest in are because they already have DOGE at a price of 1 Satoshi.
Just look at the market, the price of DOGE coins now exceeds hundreds of Satoshis and if the price drops to tens of Satoshis, they will still make a profit because they hold the price of 1 Satoshi.
And also the comparison between DOGE coin and BNB, Solana, DOT, TRX is very far away because these coins are designed to have very many functions in various Dapps, DOGE was only created to be a Funny coin and is now a unique meme coin.

its also true, users always wants to shill the crypto they hold.
been keeping my doge since the time it got $0.01 but i am also spending them in casinos to earn doge. its my investment.

apparently, this coin isn't pumping so much since this bear market. majority of the altcoins are already trying to climb up, this one seem to be forgotten already by the investors and the old youtube shiller like the DogecoinMillionaire quits vlogging about it. no marketing left for this coin.
Title: Re: Doge as an good investment
Post by: YoshiGang777 on February 15, 2024, 06:17:44 AM
bought doge for amount of 500$
Title: Re: Doge as an good investment
Post by: bitterguy28 on February 15, 2024, 09:14:44 AM
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 $0.08061 but I think it is still a good price to invest. Many did not predict this coin very well. But I also believe that this Dogecoin will be in a good place in the future even though it is currently one of the top positions in the market cap. But I will invest some dollars at my own risk whether the price of Dogecoin goes up or not.
The new ATH for Doge price movements will occur following Bitcoin price movements, and of course, this depends on Elon Musk's policy. As long as Elon Musk provides full support, then the new ATH will be easy to achieve. The most important thing is to buy Doge now when the price is still cheap and when the price will increase in 2025, so it will provide a lot of profit for you.
As long as Elon Musk will continue to bring announcement or mentions ? and as long as Elon will shill for Dogecoin so DOGE will continue making Hyping most specially when the Bull comes and when the market starts making its new coming.
bought doge for amount of 500$
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.
Title: Re: Doge as an good investment
Post by: dwyane36 on February 15, 2024, 02:00:40 PM
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.
Title: Re: Doge as an good investment
Post by: Rubel007 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.
Title: Re: Doge as an good investment
Post by: gunhell16 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.
Title: Re: Doge as an good investment
Post by: Crwth 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?
Title: Re: Doge as an good investment
Post by: pawel7777 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).
Title: Re: Doge as an good investment
Post by: philipma1957 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.
Title: Re: Doge as an good investment
Post by: aiviaa485 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.
Title: Re: Doge as an good investment
Post by: Thyplaymaker 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.
Title: Re: Doge as an good investment
Post by: aiviaa485 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
Title: Re: Doge as an good investment
Post by: philipma1957 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.

Title: Re: Doge as an good investment
Post by: masudginanjar 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.
Title: Re: Doge as an good investment
Post by: Thyplaymaker 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
Title: Re: Doge as an good investment
Post by: yohananaomi 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.
Title: Re: Doge as an good investment
Post by: bitterguy28 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.
Title: Re: Doge as an good investment
Post by: yohananaomi 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.
Title: Re: Doge as an good investment
Post by: UNIVERSE 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/
Title: Re: Doge as an good investment
Post by: debra 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.

Title: Re: Doge as an good investment
Post by: BitMaxz 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.
Title: Re: Doge as an good investment
Post by: dwyane36 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.
Title: Re: Doge as an good investment
Post by: BitMaxz 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.
Title: Re: Doge as an good investment
Post by: philipma1957 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.
Title: Re: Doge as an good investment
Post by: pawel7777 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.
Title: Re: Doge as an good investment
Post by: philipma1957 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.
Title: Re: Doge as an good investment
Post by: TopT3ns 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.
Title: Re: Doge as an good investment
Post by: philipma1957 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
Title: Re: Doge as an good investment
Post by: yohananaomi 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.
Title: Re: Doge as an good investment
Post by: pawel7777 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.
Title: Re: Doge as an good investment
Post by: DAMKAR on April 27, 2024, 09:30:35 PM

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.
You are right, many people want to have an income like that. But everyone's abilities and experience are different. Some are suitable as traders because they have good analytical and predictive skills, and have enough time to focus on monitoring the market. And there are also those who are just holders.
Title: Re: Doge as an good investment
Post by: enwi on April 29, 2024, 05:06:36 PM
You are right, many people want to have an income like that. But everyone's abilities and experience are different. Some are suitable as traders because they have good analytical and predictive skills, and have enough time to focus on monitoring the market. And there are also those who are just holders.
Actually, when we have money we can have the two skills you mentioned, as a holder and as a trader, because so far when you buy a coin after that the price goes down and you still hold the coin you bought so indirectly we have applied these two skills .