Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: cryptoworld1 on November 08, 2023, 04:24:50 PM
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What's your opinion about dogecoin it is safe for investment or not ?
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I am also interested in opinions about this.
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Wow!!! Guys, have you read this, "A U.S. filmmaker reportedly made a profit of more than $20 million from a bet on the cryptocurrency dogecoin. (https://news.bitcoin.com/filmmaker-makes-millions-after-risky-dogecoin-bet-pays-off-faces-netflix-lawsuit/)"
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To be frank, Doge is a good investment, but it needs more time to reach its all-time high (ATH), so my suggestion is if you are investing in Doge, you need to hold it for a long time.
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After Elon Musk promoted Dogecoin on his Twitter handle, it is now become the reason why we have so many meme coins. Should you invest in it do you own research before investing. A small tip Doge coin is one of the top trending crypto with a big market cap. It has given a return of about 23 percent from January this year till December as per Coingecko.
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Base on my recent doge coin is one of the memes coin with good potential.
Mostly in long term. Also with shiba.
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As long as elon is still there supporting it, keep tweeting (X post) and it still perform its purpose as meme coin. But keep in mind the fall of elon also its fall, so think really well about it.
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Wow!!! Guys, have you read this, "A U.S. filmmaker reportedly made a profit of more than $20 million from a bet on the cryptocurrency dogecoin. (https://news.bitcoin.com/filmmaker-makes-millions-after-risky-dogecoin-bet-pays-off-faces-netflix-lawsuit/)"
The crypto space is filled with incredible ways of making profits. Certainly, no project is guaranteed. We just have to make our own decisions and wait for the outcome.
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What's your opinion about dogecoin it is safe for investment or not ?
Clearly, none of us owns the security of Doge in our hands, so whatever decision you take should be yours. Every project would likely guarantee you safety, but note that safety on the internet is not guaranteed.
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What's your opinion about dogecoin it is safe for investment or not ?
Clearly, none of us owns the security of Doge in our hands, so whatever decision you take should be yours. Every project would likely guarantee you safety, but note that safety on the internet is not guaranteed.
Every business have own risk, not guaranteed if we invest in crypto currency such as dogecoin.
I personally invest in dogecoin for long term investment.
I think dogecoin is safe for investment
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Base on my recent doge coin is one of the memes coin with good potential.
Mostly in long term. Also with shiba.
Dogecoin has been around for a long time and was an unremarkable coin until it was hyped by Elon Musk. But this coin has practically nothing useful. Its price increase was solely based on advertising and hype. Yes, many could make a profit because of this. But in the long term, I don't see good potential for Dogecoin.
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We have billions of dog lovers, and I think DOGE is a meme coin aimed at this community.
During the 2020 cycle, DOGE has shown outstanding growth in price and communication. ElonMusk has made DOGE a cryptocurrency for everyone, most Twitter users know BTC and DOGE instead of BTC and ETH.
Now DRC-20 token is in the spotlight and this could be the way DOGE returns to strong growth after BTC halving. In addition, X is becoming a payment platform, I would not be surprised if DOGE is one of the methods chosen by Elon Musk.
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DOGE and LTC may be the alternative to Bitcoin when prices stop growing. In the end, the price must reach a certain range before crazy heights become impossible. For example, it was easy for Bitcoin to grow 10 times in a month, and it is now possible within 8 years, and it may need 80 years in the future, while Both LTC and DOGE may be able to achieve this in a short period such as a year or two, but for this to happen, I think we need to wait until the price of Bitcoin becomes stable, for example in 2050, and then LTC and DOGE can be considered an investment for the future.
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Yes, you can invest in this coin becasue this coin profit ratio i very good than the other coins and the crypto market will make another bull soon and i hope at that time the Dogecoin make a very big high at that time and so many peoples which invest in this coin at this time and hold that, i hope this time Doge coin will touch minimum $1.
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What's your opinion about dogecoin it is safe for investment or not ?
Dogecoin is safe, I agree with many opinions here about this coins.very potential.
Dogecoin ever touched ATH at $ 0.7.
Hopefully doge will touch again at 2023 or 2024.
Let's see buddy
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DOGE is owned by various users around the world and they invest it in various CEXes and also store it in their personal wallets.
If DOGE is stored in a private wallet, then it can also be safe as long as the Private Key is not exposed by anyone.
If DOGE is stored in CEX, it will be safe as long as the CEX does not experience losses or go bankrupt.
*Investing cryptocurrency coins in DOGE returns to each of us, Cryptocurrency is very volatile and dangerous!*
Also, i'm a bit Hodler of DOGE coins since 2018.
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If DOGE is stored in a private wallet, then it can also be safe as long as the Private Key is not exposed by anyone.
For this condition to be met, the wallet must be open source, well reviewed by many developers, and have enough entropy to have 128 broadcasts. Using closed source wallets[1] means blind trust in developers, which may lead to the loss of your money.
[1] A Non-Custodial wallet, Atomic Wallet, being compromised (https://twitter.com/AtomicWallet/status/1664946301815910400)
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DOGE is owned by various users around the world and they invest it in various CEXes and also store it in their personal wallets.
If DOGE is stored in a private wallet, then it can also be safe as long as the Private Key is not exposed by anyone.
If DOGE is stored in CEX, it will be safe as long as the CEX does not experience losses or go bankrupt.
*Investing cryptocurrency coins in DOGE returns to each of us, Cryptocurrency is very volatile and dangerous!*
Also, i'm a bit Hodler of DOGE coins since 2018.
Me too, I'm holder of DOGE too.
But just on my exchange wallet because I also do daily trading on DOGE when the market show good performance.
Always buy in CEX and sometimes sold when I think I have gotten profit.
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Doge coin is great to have, but it is for the long term and cannot be profited from in the short term.
It took quite a long time for the Doge coin to reach its current price from 2013, and I still remember the previous value was around 1 Satoshi for the price of a Bitcoin fraction.
Doge coins also depend on whether investors and traders want to buy them or not because the basic concept of Doge coins is Decentralized, which can change whenever the price changes and this is dangerous for ordinary people.
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After Elon Musk promoted Dogecoin on his Twitter handle, it is now become the reason why we have so many meme coins. Should you invest in it do you own research before investing. A small tip Doge coin is one of the top trending crypto with a big market cap. It has given a return of about 23 percent from January this year till December as per Coingecko.
Yeah we should have research before invest in meme coins.
There are many meme coin such as doge, shib etc.
But I think doge and Shib are the best , we could invest on it.
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Base on my recent doge coin is one of the memes coin with good potential.
Mostly in long term. Also with shiba.
Dogecoin has been around for a long time and was an unremarkable coin until it was hyped by Elon Musk. But this coin has practically nothing useful. Its price increase was solely based on advertising and hype. Yes, many could make a profit because of this. But in the long term, I don't see good potential for Dogecoin.
Yeah , dogecoin didn't have good projects.
It's more popular because hype.
Elon musk make this coin more expensive.
Although Elon musk do it because benefits himself.
But this coin is still one of the choice for investment.
For now, I think we should buy and hold potential coin, maybe doge is one.
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Doge coin is great to have, but it is for the long term and cannot be profited from in the short term.
It took quite a long time for the Doge coin to reach its current price from 2013, and I still remember the previous value was around 1 Satoshi for the price of a Bitcoin fraction.
Doge coins also depend on whether investors and traders want to buy them or not because the basic concept of Doge coins is Decentralized, which can change whenever the price changes and this is dangerous for ordinary people.
I am very distrustful of meme coins and Dogecoin as well. This coin has skyrocketed in price because of Elon Musk, and it can just as suddenly fall as it took off. This coin needs to add various useful functions, only in this case it will receive some kind of solid foundation.
I do not agree with the opinion that this coin is designed for the long term. Coins that have practical useful properties are designed for the long term.
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We have billions of dog lovers, and I think DOGE is a meme coin aimed at this community.
During the 2020 cycle, DOGE has shown outstanding growth in price and communication. ElonMusk has made DOGE a cryptocurrency for everyone, most Twitter users know BTC and DOGE instead of BTC and ETH.
Exactly, this shows how important community promotion is to every coin. With the help of community promotion, coin can become very popular and also attract more investors, leading to mass adoption. Interestingly, doge community grew evenly on Twitter (Now Called X), and we all know how fast information can go when it's on Twitter.
In conclusion, I think other altcoin should also try to build a strong community around their own coin.
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Dogecoin is a good coin and this future is best, so invest in this coin and hold that for the long term because last time dogecoin went high so much and i hope this time it will also cross $2 when the bull starts. So buy the coin and hold for the long term when it touches high sell it in a good price.
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Memecoins aren't safe investment. Even when it comes to elon musk, then it is super risky in my opinion. I admit that this man is so genius and crypto is getting more popularity because of him but he could dump his share anytime and memecoin has nature to dump or dead anytime. So he even don't need to explain actions but during bull run, doge could go higher maybe 2$ or more if everything all right. So you can invest you but risk your own responsibility
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But why are you showing interest in dogecoin when there are lots of potential altcoins available in market? Nobody can give you assurance about memecoin but as we know, elon supporting dogecoin, so people get connected with this coin daily even they know this could be risky. But with risk, it won't possible to gain higher. I suggest you to buy dogecoin but with small amount. Cause i think, memecoin can't be trusted
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In fact, Doge is the best meme coin ever, able to survive to this day, and can provide unexpected profits for its owners. I personally believe Doge has good potential for the long term.
Whether it is worth it or not is up to each party to decide, but for me Doge is worth investing in.
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What's your opinion about dogecoin it is safe for investment or not ?
No, don't invest your cold money in strange Meme coins because this will cause deep trauma for you.
Okey , if you buy DOGE coins with your cold money then the price of the DOGE coins will increase. You lucky roooouuu !
But remember, if you buy DOGE coins and then the DOGE coins drop in price, you will experience a decrease in money in your wallet portfolio.
So what will you do when your cold money decreases, you can't go anywhere because you are trapped in the DOGE coin whose price is currently above.
Conclusion : Don't invest in DOGE coin , this is NOT SAFE ,very dangereous for your life , also mentality and physicis.
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I never see Dogecoin as an investment, but surprisingly I see it as a flare for a bull market every time. Sometimes I have bought Dogecoin to transfer money between exchanges, but it doesn't make much sense for me to do more than that. I don't know; when I look at the history of mankind and see that rare metals like gold have been used as a store of value for hundreds of years, I can't invest in a coin like Dogecoin, which has an unlimited supply and no purpose.
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If you confident in dogecoin you can invest it .
But if you doubt, better don't..
I think not easy to predict meme coin progress, I think doge will soar if there is famous people said about this coin
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You can invest in Dogecoin if you want but don't expect too much from this coin anytime soon. Another thing is that you don't invest too much money in this coin. You can invest a part of your total investment amount in this coin if you want and invest it in a long term plan. After investing in this coin, you will mentally think that you never had the amount of money you invested. The reason for doing this is that you cannot rely on these coins because the value of these coins can go up as well as down, so you have to invest with so much risk. Investing in this coin has a lot of money risk that's why I suggest to invest relatively small amount of money in this coin.
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If you have patience as wide as the ocean to make a profit, there will be no problem actually investing in Doge. because doge is not an active coin for its price increases where the moment of increase is only momentary and for it to repeat itself it takes a long time, it has gone up for a long time, and not much,
My advice is that it is better for you. to invest in main coins only, not in meme coins, except for what I said at the beginning
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If you have patience as wide as the ocean to make a profit, there will be no problem actually investing in Doge. because doge is not an active coin for its price increases where the moment of increase is only momentary and for it to repeat itself it takes a long time, it has gone up for a long time, and not much,
My advice is that it is better for you. to invest in main coins only, not in meme coins, except for what I said at the beginning
Yeah agree..
Dogecoin is just meme coin.
Doge become more popular because Elon Musk had promo this coin at their Twitter.
I personally prefer invest in coins that have projects such as Ethereum, BNB and SOL.
They have platform and I think they will be used by many projects.
No worries about them..
There are big team behind their project
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What's your opinion about dogecoin it is safe for investment or not ?
Dogecoin is currently a very popular platform, the most famous face on this platform is Elon musk who is responsible for this project. The price of Dogecoin was very low and since Elon musk took over, the price of the coin has increased upwards. So still the price of Doge Coin is very low so it is a good enough coin to invest. I have invested $400 in Doge Coin, and I wish I could make my investment last longer and I am ready to increase my investment.
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What's your opinion about dogecoin it is safe for investment or not ?
Dogecoin is currently a very popular platform, the most famous face on this platform is Elon musk who is responsible for this project. The price of Dogecoin was very low and since Elon musk took over, the price of the coin has increased upwards. So still the price of Doge Coin is very low so it is a good enough coin to invest. I have invested $400 in Doge Coin, and I wish I could make my investment last longer and I am ready to increase my investment.
hoping that the increase in doge because Elon has been able to provide surprises is of course good and bad, there are always pros and cons to what is done, and because I don't see any consistency in Elon continuing to move in support, it can be seen that when the doge decreases, there is no movement to make improvements to doge. But Doge will still be good if it is supported by investors like you [although this doesn't rule out tweets from Elon], so there will be movement in trading that will make Doge able to continue to compete.You have made an interesting investment, and of course, if you feel that Doge will be able to increase, I agree that you want to add more to your investment.The halving era is just around the corner, and we hope that towards the end of the year it will move slowly to improve, and next year it will form a renewable ATH.
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I have no intention to invest in Dogecoin. I know it is one of the top altcoins but it has no clear fundamental (meme coin). Investing in a meme coin must learn the hype of the coins, I don't see a big hype on meme coins anymore. Because of this, I doubt to invest my money in Dogecoin, it may continue to drop more and more if there is no hype in the future. What makes Dogecoin to skyrocket is Elon Musk factor, Elon Musk seems rarely to tweet meme coins now. So, it is a bit doubtful to expect the future of meme coins like Dogecoin.
Why don't to invest in fundamental coins? I think it is more potential for our investment, right? ;)
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Why don't to invest in fundamental coins? I think it is more potential for our investment, right? ;)
Everyone from various continents must have a very distant character difference with us.
They are people who do not want to be complicated by their lives by maintaining privacy in their environment and only thinking about the benefits of what has been done.
They trade doge coins do not need fundamental, they are only concerned with the benefits resulting from doge coins, while this doge for them is always used for gambling and betting.
Until here maybe coins like those who have good fundamentals such as bitcoin, ethereum, bnb and solana are not their first choice but they want to find different sensations from a meme coin and finally they choose doge coins to be used in daily life and this is very mainstream according to me.
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I have no intention to invest in Dogecoin. I know it is one of the top altcoins but it has no clear fundamental (meme coin). Investing in a meme coin must learn the hype of the coins, I don't see a big hype on meme coins anymore.
Yeah , dogecoin didn't have no fundamental, it's just meme coin.
I think I won't suggest to buy this coin.
We should buy the coins which have good fundamental and of course have good project.
Maybe I'm not a meme coins fan, and never be..
But sometimes I will buy doge or meme when the have event..
Just buy and hold for short ..
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Currently, DOG Coin has increased in popularity. It has started to become known and loved by all, especially through the promotion of Elon Musk. People are slowly starting to become more interested in investing in these coins. I think you can invest in DOG if you want and hopefully you will be able to profit from it in future. But for this you may have to hold it for a long time.
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What's your opinion about dogecoin it is safe for investment or not ?
What Hinders you from investing ? but wait do you really have funds to invest in Dogecoin or you are just adding topics for you to spam ?
Dogecoin have been in the market for many years and this has been the "FIRST MEME COIN" but that does not mean it is completely perfect
for investment but safe? of course this may not become a scam project but also try to wait for another Manipulation for this coin to hit its target.
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Currently, DOG Coin has increased in popularity. It has started to become known and loved by all, especially through the promotion of Elon Musk. People are slowly starting to become more interested in investing in these coins. I think you can invest in DOG if you want and hopefully you will be able to profit from it in future. But for this you may have to hold it for a long time.
As you have said, DOG is currently increasingly popular because so many meme coins have been created, which reminds us of Dogecoin, which was the pioneer of the first meme coin created which finally received direct support from Elon Musk.