Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Meme Coins => Dogecoin Forum => Topic started by: XFinite on April 18, 2024, 06:20:19 PM
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Do you guys know what day tomorrow is ;)? I believe most of you probably do. Doge has come long enough to be king of meme coins. it has done enough to earn its spot on top memecoins.
it has also been a fun token, real token, and whatever you say, but it's also been a good investment. I am sure OG holders can relate to this when Elon Musk tweeted about the Lion King meme of him holding up the dogecoin dog, and that day the dogecoin rose up that nobody had imagined that with that significant supply could go up to that price. The value increased by about 339% to $0.03. But before that happened, the price was hovering between $0.0001 and $0.002.
Now to think that person holding memecoins long-term is stupid, cos memecoin doesn't fit for this hodl. But most people back then probably felt like this for DOGE. :(
I'm gonna ask you all :D: how many of you have been holding doge until now? Are you gonna buy again or get rewards in DOGE while doing some tasks like we used to do in 2019??
I believe some of you were tipped in $DOGE and became holders that day, cause that's how it happened to me.. ;D
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Hopefully Dogecoin will have price movements like that again because so far Dogecoin has a relatively cheap price, the price increase occurred once only due to the influence of Elon Musk. Hopefully there will be more good news from Elon Musk which will give Dogecoin price movements again. the holder is the winner.
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Few years ago when i was started trading then at first i bought doge coin. And then it’s price was very low. I think then it’s price was near about $0.00002 and then i trade on it. I remember i profited 50k Doge coin in my first trade. I am huge profited from Doge coin. But it os very sad news i couldn’t hold any Doge coin. But till now some times i trade on Doge coin. Doge coin gives me huge profit. So i love doge coin.
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how many of you have been holding doge until now? Are you gonna buy again or get rewards in DOGE while doing some tasks like we used to do in 2019??
I'm holding a small number of Dogecoin. I bought the Dogecoin in the early of this year. TBH, I have no plan to hold for a very long time, I may just hold them until the next year. I am interested to buy Dogecoin because I see there is a hype of meme coins again in the beginning of this year. That's why I brave to buy Dogecoin at that time. However, I still keep holding the Dogecoin, I think the price can be higher in the altcoin season.
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I'm holding a small number of Dogecoin. I bought the Dogecoin in the early of this year. TBH, I have no plan to hold for a very long time, I may just hold them until the next year. I am interested to buy Dogecoin because I see there is a hype of meme coins again in the beginning of this year. That's why I brave to buy Dogecoin at that time. However, I still keep holding the Dogecoin, I think the price can be higher in the altcoin season.
DOGE is not just an ordinary memecoin, it is the most famous memecoin and has a huge marketcap. Even, DOGE has a large community and is completely capable of replacing BTC to serve user transaction needs with POW + high speed 50 tps + low fees.
The memecoin trend has become a part of the crypto market and I also believe that it will come back strongly in Q4 2024 and Q1 2025. DOGE had a very successful bullrun 2017 + 2021, we have the right to expect the same in this bullrun: DOGE can reach the $1 price zone and bring profits to you and other holders!
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Doge is a strong mining coin. I still mine it with LTC being doing so for a decade.
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Doge is a strong mining coin. I still mine it with LTC being doing so for a decade.
I'm quite curious about the profits you've made from mining DOGE and LTC for such a long time. Is the revenue enough to satisfy you and continue to support DOGE in the future? Why did you choose LTC over BTC when LTC is gradually being forgotten and BTC is very successful and has a new ATH?
If I had to choose between DOGE and LTC, I would choose to mine DOGE because its future seems brighter than LTC's because DOGE is the leader of memecoins and has the potential to explode in this cycle when the memecoin trend returns along with altseason!
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Doge is a strong mining coin. I still mine it with LTC being doing so for a decade.
I'm quite curious about the profits you've made from mining DOGE and LTC for such a long time. Is the revenue enough to satisfy you and continue to support DOGE in the future? Why did you choose LTC over BTC when LTC is gradually being forgotten and BTC is very successful and has a new ATH?
If I had to choose between DOGE and LTC, I would choose to mine DOGE because its future seems brighter than LTC's because DOGE is the leader of memecoins and has the potential to explode in this cycle when the memecoin trend returns along with altseason!
I merge mine ltc/doge make more than just one of them.
the L7 burns 3kwatts at 10 cent power that is $7.20 in power burned.
it earns about $13.50 so net $6.30
the s21 burns 3.5kwatts at 10 cent power that is $8.40 it earns 11.20
so net $2.80
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DOGE is not just an ordinary memecoin, it is the most famous memecoin and has a huge marketcap. Even, DOGE has a large community and is completely capable of replacing BTC to serve user transaction needs with POW + high speed 50 tps + low fees.
Agree. Dogecoin is the most popular memecoin, it is like the king of meme coins.
In CoinMarketCap, Dogecoin is in the top 8. TBH, I never expected that Dogecoin can be the top 8 in CoinMarketCap. It indicates that more and more people trust in Dogecoin, people are buying more in Dogecoin. I know Dogecoin has a big community nowadays, but I still can't believe that it is growing quickly. Yep, the low fees and high speed are something interesting from this coin. Even if Dogecoin is only a meme coin but it has that advantage.
The memecoin trend has become a part of the crypto market and I also believe that it will come back strongly in Q4 2024 and Q1 2025. DOGE had a very successful bullrun 2017 + 2021, we have the right to expect the same in this bullrun: DOGE can reach the $1 price zone and bring profits to you and other holders!
Why it will be stronger in in Q4 2024 and Q1 2025? Do you think it is the time for altcoins season?
Not sure if Dogecoin will skyrocket in the altcoins season, I think it is mostly increasing if there is good news related to Elon Musk. So far, I don't see Elon Musk to talk much anymore about Dogecoin.
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This is the fact and we all admit it. But for Doge, we really understand that this is part of old coins. And until now, it is still in the top 9 with a high market cap too. And indeed, it was because of the Doge hype in the bullish era last season that made the meme coin hype as high as it is now.
It's true, whether you like it or not, Doge continues to become history, how meme coins can really be reborn with a series of meme coins after that, the hype is up to now and continues to survive. Even though they are shit coins, Doge is still something that makes history for it.
Let's see how Doge can finally rise up again, this coin deserves it in the bullrun later
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This is the fact and we all admit it. But for Doge, we really understand that this is part of old coins. And until now, it is still in the top 9 with a high market cap too. And indeed, it was because of the Doge hype in the bullish era last season that made the meme coin hype as high as it is now.
It's true, whether you like it or not, Doge continues to become history, how meme coins can really be reborn with a series of meme coins after that, the hype is up to now and continues to survive. Even though they are shit coins, Doge is still something that makes history for it.
Let's see how Doge can finally rise up again, this coin deserves it in the bullrun later
I have no reason to hate DOGE, it is not a scam-coin in the crypto market, DOGE has been very successful and brought profits to many holders. Of course, there are always people who lose money when investing in DOGE at the top, but that is normal in the financial market for any token or asset.
DOGE really created the memecoin trend and introduced a new and quite effective way to promote the crypto market and attract more money and new investors to this market. This is especially valuable in the past year, when memecoins have continuously appeared and made the market more vibrant, helping ecosystems have more users, more transactions and burn more tokens to increase the scarcity of native tokens!
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I have no reason to hate DOGE, it is not a scam-coin in the crypto market, DOGE has been very successful and brought profits to many holders. Of course, there are always people who lose money when investing in DOGE at the top, but that is normal in the financial market for any token or asset.
Yep. We can't hate Dogecoin, it is a real coin, it is even the best meme coin. Dogecoin successfully attracts people to join meme coin investment. Before Dogecoin becomes very popular, people are always afraid to join meme coin investment. But now there are too many people who brave to invest in any meme coin.
DOGE really created the memecoin trend and introduced a new and quite effective way to promote the crypto market and attract more money and new investors to this market. This is especially valuable in the past year, when memecoins have continuously appeared and made the market more vibrant, helping ecosystems have more users, more transactions and burn more tokens to increase the scarcity of native tokens!
Sure, if there is no hype on Dogecoin at that time, people may never take look meme coins nowadays. Elon Musk make people too join meme coin investment, the first meme coin is Dogecoin. So, people choose investment in Dogecoin firstly, then they begin to invest in other meme coins.
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I am still stacking doge as I type.
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Indeed Dogecoin is the king of meme coins and no one can deny it. There was a time before the Dogecoin price exploded it was used as a giveaway and I had once gotten a good amount of Doge from one giveaway. I had no use of it at that time so I kept holding it and when the price pumped I sold them for a good profit. Currently, I am not holding them anymore but in the future, I might buy and hold them again for the right time.
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I am still stacking doge as I type.
For me, it is surprising you are stacking Dogecoin. :D
Most people will prefer to have stacking Bitcoin, Ethereum, BNB coin, or Solana.
Why do you think it is good to have stacking Dogecoin? You must know Dogecoin price very volatile and hard to predict.
Currently, I am not holding them anymore but in the future, I might buy and hold them again for the right time.
No problem if you don't have Dogecoin. It is not a must to invest in Dogecoin. I can understand that you prefer to choose coins with stronger fundamentals. Even you don't want to buy Dogecoin in the future, it is no problem at all. But I am still holding Dogecoin although it is not a very big number. ;)
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Indeed Dogecoin is the king of meme coins and no one can deny it. There was a time before the Dogecoin price exploded it was used as a giveaway and I had once gotten a good amount of Doge from one giveaway. I had no use of it at that time so I kept holding it and when the price pumped I sold them for a good profit. Currently, I am not holding them anymore but in the future, I might buy and hold them again for the right time.
You are one of the many who get a blessing from the sharp increase in the Doge coin meme. No one estimates that Doge will be able to do that because of the intelligence made by Elon.
Actually, the Meme Coin shocked many people when Bitcoin reached ATH a time ago before halving, so almost all the coins increased sharply. Unfortunately they could not survive because of the influence also of Bitcoin.
I think the right way you do to store doge, because during the upcoming bullish season it is not impossible any more awesome surprises, especially for doge.
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Actually, the Meme Coin shocked many people when Bitcoin reached ATH a time ago before halving, so almost all the coins increased sharply. Unfortunately they could not survive because of the influence also of Bitcoin.
I think the right way you do to store doge, because during the upcoming bullish season it is not impossible any more awesome surprises, especially for doge.
Many meme coins could still increase high in the current bullish season, unfortunately Dogecoin still can't increase as expected. So far, I see Dogecoin still can't create a new ATH although Bitcoin already hits a new ATH. Instead of increasing high, I saw Dogecoin price freefall several times. Whenever Bitcoin drops significantly, I noticed Dogecoin price also followed the decrease.
You're right many new meme coins can't survive. Although they could increase significantly for few days, but they keep decreasing after the raise ends. I think it is caused by the manipulation of some big players on meme coins. Or the developers of those meme coins only want to take profits from the hype, then they disappear.
Doge is not a bad option for investment. But we must be wise to use our funds. Since no big hype anymore in Dogecoin, I think we don't set too high target for Dogecoin.
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Actually, the Meme Coin shocked many people when Bitcoin reached ATH a time ago before halving, so almost all the coins increased sharply. Unfortunately they could not survive because of the influence also of Bitcoin.
I think the right way you do to store doge, because during the upcoming bullish season it is not impossible any more awesome surprises, especially for doge.
Many meme coins could still increase high in the current bullish season, unfortunately Dogecoin still can't increase as expected. So far, I see Dogecoin still can't create a new ATH although Bitcoin already hits a new ATH. Instead of increasing high, I saw Dogecoin price freefall several times. Whenever Bitcoin drops significantly, I noticed Dogecoin price also followed the decrease.
You're right many new meme coins can't survive. Although they could increase significantly for few days, but they keep decreasing after the raise ends. I think it is caused by the manipulation of some big players on meme coins. Or the developers of those meme coins only want to take profits from the hype, then they disappear.
Doge is not a bad option for investment. But we must be wise to use our funds. Since no big hype anymore in Dogecoin, I think we don't set too high target for Dogecoin.
Many hope that when bitcoin can print its latest ATH, doge, as the leading meme coin, will be able to reach ATH or at least get close, but unfortunately, it can't be done, even though the best opportunity to do that is, it seems like the community doesn't move together to be able to push to be able to move well, always hoping for an elon to be able to improve, where it's hard to see that happening again.
I agree with you, that no matter what, it is still the best choice among the existing meme coins and can very well move to increase in time, but it's very uncertain that it will be able to reach its ATH again, let alone hope it can be at $ 1. We will find it hard to see that unless there is an unexpected surprise.
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For me, it is surprising you are stacking Dogecoin. :D
Most people will prefer to have stacking Bitcoin, Ethereum, BNB coin, or Solana.
Why do you think it is good to have stacking Dogecoin? You must know Dogecoin price very volatile and hard to predict.
a lot of altcoins are volatile even the ones you mentioned but if you see some potential in the coin then why not invest in it, right? i think a lot of people has forgotten that dogecoin was the og memecoin it was the first of its kind and has opened the door for this type of coins which is why maybe a lot of people still hold it and expect it to rise again eventually
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For me, it is surprising you are stacking Dogecoin. :D
Most people will prefer to have stacking Bitcoin, Ethereum, BNB coin, or Solana.
Why do you think it is good to have stacking Dogecoin? You must know Dogecoin price very volatile and hard to predict.
a lot of altcoins are volatile even the ones you mentioned but if you see some potential in the coin then why not invest in it, right? i think a lot of people has forgotten that dogecoin was the og memecoin it was the first of its kind and has opened the door for this type of coins which is why maybe a lot of people still hold it and expect it to rise again eventually
However, even though there are other potential altcoins, doge is, as you said, it is the first meme coin and made a surprise with its high price so that it could reach its best ranking until now.
I think the doge community is still very strong, and it must be remembered that many people also want to speculate on meme coins, including doge in the future, where there could be an increase again.
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a lot of altcoins are volatile even the ones you mentioned but if you see some potential in the coin then why not invest in it, right? i think a lot of people has forgotten that dogecoin was the og memecoin it was the first of its kind and has opened the door for this type of coins which is why maybe a lot of people still hold it and expect it to rise again eventually
I know we may have a different point of view. Sure, altcoins are volatile, it even has higher volatility than Bitcoin. But for stacking staking coins, I personally prefer to choose the coins with good fundamentals. It is because we will hold the coins for few months or even a year when we stake them. Holding meme coins is riskier, it is a more speculative than fundamental coins. Even it is Dogecoin, I think it is not so different with other meme coins. No one can guarantee that Dogecoin will still have good hype in the future. In theory, it must be safe if we are holding top coins with strong fundamentals.
*By the way, we are discussing about staking, not investing. ;)
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No one can guarantee that Dogecoin will still have good hype in the future. In theory, it must be safe if we are holding top coins with strong fundamentals.
Yes, it's basically true, investing major coins have the advantages and huge probability of getting profit in the long run and you can do it with a little risk. But it's not bad putting more risks as meme coins have the ability to turn the tables in just one go/hype, just need one hype lol...
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Yes, it's basically true, investing major coins have the advantages and huge probability of getting profit in the long run and you can do it with a little risk. But it's not bad putting more risks as meme coins have the ability to turn the tables in just one go/hype, just need one hype lol...
Yep. For the long term holding, those major/top coins are the best options. Bitcoin should be the main priority, top altcoins are the second priority. And random coins like meme coins are the rest of our funds. Sure, it is no problem to invest in meme coins, sometimes they can give us good profits, too. Specifically for the short term, meme coins is not a bad choice because they easily increase (higher volatility). But make sure we don't use big amount of money!
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Yes, it's basically true, investing major coins have the advantages and huge probability of getting profit in the long run and you can do it with a little risk. But it's not bad putting more risks as meme coins have the ability to turn the tables in just one go/hype, just need one hype lol...
Yep. For the long term holding, those major/top coins are the best options. Bitcoin should be the main priority, top altcoins are the second priority. And random coins like meme coins are the rest of our funds. Sure, it is no problem to invest in meme coins, sometimes they can give us good profits, too. Specifically for the short term, meme coins is not a bad choice because they easily increase (higher volatility). But make sure we don't use big amount of money!
We can't deny that bitcoin is the main priority because it has the smallest risk, but is very promising for the long term and even for now, the short term is also very promising because its movements change quickly.
Potential altcoins are also an option and I totally agree, we need alternatives because bitcoin is already high in price. But to speculate, it is something worth doing to be able to get meme coins, because they will also be able to produce quite well. Remember when bitcoin's previous ATH where almost all meme coins increased sharply.
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We can't deny that bitcoin is the main priority because it has the smallest risk, but is very promising for the long term and even for now, the short term is also very promising because its movements change quickly.
Indeed. Bitcoin has quite small risk if we compare to altcoins. That is the reason why it becomes the priority of every crypto holder. Also, Bitcoin is like the king of crypto coins, it will always have a big role in crypto industry. This coin must grow first before other coins to grow. That's why Bitcoin will increase significantly first in every cycle. There is no altcoin season without the peak of Bitcoin price. Because of this reason, people assume it will be safe to invest in Bitcoin.
Potential altcoins are also an option and I totally agree, we need alternatives because bitcoin is already high in price. But to speculate, it is something worth doing to be able to get meme coins, because they will also be able to produce quite well. Remember when bitcoin's previous ATH where almost all meme coins increased sharply.
As the name of altcoins, they are the alternative of crypto investment. However, sometimes the potential of altcoins can be higher than Bitcoin because their prices are more volatile. Specifically meme coins, they can increase very significantly. In 2021, meme coins were growing quickly and their prices skyrocketed. But be careful with meme coins, they may not last a long time.
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Potential altcoins are also an option and I totally agree, we need alternatives because bitcoin is already high in price. But to speculate, it is something worth doing to be able to get meme coins, because they will also be able to produce quite well. Remember when bitcoin's previous ATH where almost all meme coins increased sharply.
As the name of altcoins, they are the alternative of crypto investment. However, sometimes the potential of altcoins can be higher than Bitcoin because their prices are more volatile. Specifically meme coins, they can increase very significantly. In 2021, meme coins were growing quickly and their prices skyrocketed. But be careful with meme coins, they may not last a long time.
It is true that the increase in altcoins can be very significant and why many are looking for them to be used as investments, especially potential altcoins that are quite widely available to find. I agree, sometimes meme coins cannot be considered useless because they can provide unexpected surprises with cheap investments and can produce more, even though not for long-term investments.
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It is true that the increase in altcoins can be very significant and why many are looking for them to be used as investments, especially potential altcoins that are quite widely available to find. I agree, sometimes meme coins cannot be considered useless because they can provide unexpected surprises with cheap investments and can produce more, even though not for long-term investments.
Yep. The volatility of altcoins is higher. People expect to gain bigger profits with the higher volatility. We must understand that the higher volatility means the more significant change/move of the prices. However, it also means to have a chance of bigger losses. Even we may lose all our money if the altcoins to be dead coins. I already experienced some cases of dead coins. It is the reason why I remind all people to be careful with altcoins, including Dogecoin.
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Honestly, this is a fact. After all, Doge is the pioneer of meme coins. Whether Doge was considered worthless in the past, but now they are truly the pioneers of many meme coins.
The many meme coins that emerged were because of the Doge hype at that time, so after the booming DeFi projects, meme coins followed and even when the DeFi project had started to fade, meme coins actually emerged even more until now, with various new concepts. but still, the point is that it will usually also become hype coins that will eventually rugpull. Apart from Doge, for other meme coins, it is quite risky if you want to hold them for a long term. It would be much better to optimize the hype period of these coins so that we can get big gains. No need to be too generous for other memecoins. 8) :D
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It is true that the increase in altcoins can be very significant and why many are looking for them to be used as investments, especially potential altcoins that are quite widely available to find. I agree, sometimes meme coins cannot be considered useless because they can provide unexpected surprises with cheap investments and can produce more, even though not for long-term investments.
Yep. The volatility of altcoins is higher. People expect to gain bigger profits with the higher volatility. We must understand that the higher volatility means the more significant change/move of the prices. However, it also means to have a chance of bigger losses. Even we may lose all our money if the altcoins to be dead coins. I already experienced some cases of dead coins. It is the reason why I remind all people to be careful with altcoins, including Dogecoin.
Because as you said, that's why if we choose one that can provide certainty, it is not wrong to take the best-ranked altcoin that has contributed so far. Because if we choose the wrong one, then as you said, it is not impossible that we will lose what we have, of course it is very painful to know that you get a dead coin, where no one wants that to happen to him.
Indeed, sometimes we cannot avoid such things because there are very tempting offers, but what is offered is very unknown to us, so it is not surprising that what happens is that we are harmed by this negligence.
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Because as you said, that's why if we choose one that can provide certainty, it is not wrong to take the best-ranked altcoin that has contributed so far.
It is always recommended to prioritize the top coins, specifically for the long term investment. Sure, it is not wrong, it is even the right way in investment. However, it depends on you, whether you will prioritize the top coins or random coins. Random coins or new coins may be more profitable, but they are too risky for holding. Personally, I prefer to choose more secure coins even if it is not as profitable as new/random coins.
Indeed, sometimes we cannot avoid such things because there are very tempting offers, but what is offered is very unknown to us, so it is not surprising that what happens is that we are harmed by this negligence.
What is your point?
Sure, every coin offers the chance of profits. New coins offers higher profits because some of them can increase hundreds percentages. However, the risk is very high as well. As I said before, they can turn to be dead coins.
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Indeed, sometimes we cannot avoid such things because there are very tempting offers, but what is offered is very unknown to us, so it is not surprising that what happens is that we are harmed by this negligence.
What is your point?
Sure, every coin offers the chance of profits. New coins offers higher profits because some of them can increase hundreds percentages. However, the risk is very high as well. As I said before, they can turn to be dead coins.
Almost all new coins, of course, provide a lot of bonuses for those who want to invest in them, so it is not surprising that what is obtained is sometimes greater than what should be obtained, so it is natural that sometimes when you get it, the value is very high, but there is no guarantee that the coin will be able to grow, and it can immediately drop and be worthless.
I agree with your opinion that you can make a big profit, but you can also not produce anything, aka become ashes. There is always a risk that must be borne.
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Almost all new coins, of course, provide a lot of bonuses for those who want to invest in them, so it is not surprising that what is obtained is sometimes greater than what should be obtained, so it is natural that sometimes when you get it, the value is very high, but there is no guarantee that the coin will be able to grow, and it can immediately drop and be worthless.
I agree with your opinion that you can make a big profit, but you can also not produce anything, aka become ashes. There is always a risk that must be borne.
What bonuses do you mean, buddy?
Even if they can offer us good opportunity for profits, there is no guarantee about it. If it is about investment or trading, everything will depend on our ability/skills. It is our efforts, it is not a bonus. The prices of the coins can increase or decrease in the future, there is no certain thing with the prices. That's why we need to do deep analysis, or we make a research on the coins. We are trying to guess the future of the coins. However, this will never eliminate the risks, it just lower the level of the risks.
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Indeed Dogecoin is the king of meme coins and no one can deny it. There was a time before the Dogecoin price exploded it was used as a giveaway and I had once gotten a good amount of Doge from one giveaway. I had no use of it at that time so I kept holding it and when the price pumped I sold them for a good profit. Currently, I am not holding them anymore but in the future, I might buy and hold them again for the right time.
I never benefited from this coin, I only heard about it after its huge pump that a lot of people benefited from holding them. Such a meme coin has not come to the crypto space and stayed for this long and has this value it’s holding itself to. Doge is really the king of meme coin. After all this happenings around Doge, I don’t still hold any or even have plans to hold any for now. I just feel even if it pumps from here, we might not be making a good profit as the early holders did, I may be wrong but that’s by intuition of it for now.
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I never benefited from this coin, I only heard about it after its huge pump that a lot of people benefited from holding them. Such a meme coin has not come to the crypto space and stayed for this long and has this value it’s holding itself to. Doge is really the king of meme coin. After all this happenings around Doge, I don’t still hold any or even have plans to hold any for now. I just feel even if it pumps from here, we might not be making a good profit as the early holders did, I may be wrong but that’s by intuition of it for now.
Have you invested in Dogecoin or other meme coins? If you never invested in these coins, how you can benefit from them? ;D
It is real story that there were big pumps in Dogecoin and other meme coins. But the pump won't always happen, mostly it happened in a short time. So, those meme coins don't deserve to hold a long time, it is better to hold a short time.
No doubt that Dogecoin is the king of meme coins. It has the largest market cap so far. But this won't guarantee profits, other meme coins may be more profitable than Dogecoin.
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Now to think that person holding memecoins long-term is stupid, cos memecoin doesn't fit for this hodl. But most people back then probably felt like this for DOGE. :(
I'm gonna ask you all :D: how many of you have been holding doge until now? Are you gonna buy again or get rewards in DOGE while doing some tasks like we used to do in 2019??
I believe some of you were tipped in $DOGE and became holders that day, cause that's how it happened to me.. ;D
If there's a meme coin that for me, is good to hold for medium to long term (around 4 years at least), that would be DOGE.
I mean, the so-called Dogecoin millionaire chooses to hold his DOGE instead of selling it during thet 2021 bull run, right now he's still in profit and he's fine while holding DOGE.
I don't think that holding meme coin long term is stupid. At the end of the day, it's their decision to do it, and maybe it's part of their strategy. As long as you know the risks and you're ready for it, you can hold basically any coins out there. As for DOGE, it's a good medium to long term hold for me because it has been at the top for a very long time, and the community behind it is very huge. Am I holding DOGE right now? No, but I already decided to buy it during the bear market that might happen next year or the following year.
I'll buy DOGE in respect for Kabosu, but in terms of profits, I believe that other meme coins can give you more compared to DOGE. The thing though is that, DOGE is safer than all of other meme coins out there (including SHIB).
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I don't think that holding meme coin long term is stupid. At the end of the day, it's their decision to do it, and maybe it's part of their strategy. As long as you know the risks and you're ready for it, you can hold basically any coins out there.
Yes, it is not stupid to hold Dogecoin. It is also one of the top coins. It is actually not as risk as other meme coins.
You're right. Everyone can invest in any coin they want. Even it is very risky coin, it is their own decision to choose the coin.
As for DOGE, it's a good medium to long term hold for me because it has been at the top for a very long time, and the community behind it is very huge. Am I holding DOGE right now? No, but I already decided to buy it during the bear market that might happen next year or the following year.
It depends on the goal. It can be a medium term or a long term. But you ask me, I will hold Dogecoin for a short term only. I know it has a big market cap, but it doesn't guarantee at all. In the long run, even a big market cap coin can lose their values if they have no something to support its existence.
I'll buy DOGE in respect for Kabosu, but in terms of profits, I believe that other meme coins can give you more compared to DOGE. The thing though is that, DOGE is safer than all of other meme coins out there (including SHIB).
Mate, just buy Doge for a clearer purpose. Why buy Doge to respect Kabosu? :D
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Mate, just buy Doge for a clearer purpose. Why buy Doge to respect Kabosu? :D
I think it's also a good idea to buy and hold DOGE. Some people invested in DOGE and only then learned about Kabosu, after which they became fans of this cute dog. They have a perfectly valid reason to buy 1 DOGE and hold it forever in their personal account!
Memecoins were created for fun, and this purpose will always exist alongside trending memecoins. Currently, things seem more complicated as memecoins have become a topic of debate between investment and fraud in the crypto market. Every investor has their own point of view, and we don't need to change them!
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Mate, just buy Doge for a clearer purpose. Why buy Doge to respect Kabosu? :D
I think it's also a good idea to buy and hold DOGE. Some people invested in DOGE and only then learned about Kabosu, after which they became fans of this cute dog. They have a perfectly valid reason to buy 1 DOGE and hold it forever in their personal account!
Memecoins were created for fun, and this purpose will always exist alongside trending memecoins. Currently, things seem more complicated as memecoins have become a topic of debate between investment and fraud in the crypto market. Every investor has their own point of view, and we don't need to change them!
If I personally buy crypto coins is for greater profit, whatever the Coin is including Dogecoin.
In my opinion, Doge is worth buying right now, its price is far below ATH giving the potential for Doge's price to increase high in a period of time that may not be too long.
I will support anyone who buys and invests in Dogecoin.
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If I personally buy crypto coins is for greater profit, whatever the Coin is including Dogecoin.
In my opinion, Doge is worth buying right now, its price is far below ATH giving the potential for Doge's price to increase high in a period of time that may not be too long.
I will support anyone who buys and invests in Dogecoin.
Maybe Doge is just waiting for time, if only tomorrow there are some more good news that can lift the coin to be as hype as before, that would be great. but indeed, there are quite a few Doge holders, and surely all of them want profit, not just for display and just for the sake of liking it. therefore, just hope that the whales of Doge will pump the coin at least tomorrow during the bullish era. just hope if there is much better and more potential news from Elon Musk or others that can make Doge return to its former glory, don't let it be eroded by the many meme coins that are scattered on exchanges so far. all of which are very easy to go up and down very drastically as easily as that, until to be the end after the drop.
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If I personally buy crypto coins is for greater profit, whatever the Coin is including Dogecoin.
In my opinion, Doge is worth buying right now, its price is far below ATH giving the potential for Doge's price to increase high in a period of time that may not be too long.
I will support anyone who buys and invests in Dogecoin.
Indeed, Doge is just waiting for time, if only tomorrow there are some more good news that can lift the coin to be as hype as before, that would be great. but indeed, there are quite a few Doge holders, and surely all of them want profit, not just for display and just for the sake of liking it. therefore, just hope that the whales of Doge will pump the coin at least tomorrow during the bullish era. just hope if there is much better and more potential news from Elon Musk or others that can make Doge return to its former glory, don't let it be eroded by the many meme coins that are scattered on exchanges so far. all of which are very easy to go up and down very drastically as easily as that, until to be the end after the drop.
Notably, Doge has massive potential of regaining its lost glory depending on the encouragement from personalities or market news that can trigger general populace buying spree. During the bullish periods, each action by holders of large quantities of coins can determine the formation of a positive view of this coin and bring benefits to its owners.
However, with the emergence of new meme-coins, Doge needs to establish itself as a dominant player in that segment not to let others to take its place. Hopefully, Doge, will not repeat this sharp oscillating movement of the market but will always stay profitable to those of us who believe in this coin’s positive outlook for the future.
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If I personally buy crypto coins is for greater profit, whatever the Coin is including Dogecoin.
In my opinion, Doge is worth buying right now, its price is far below ATH giving the potential for Doge's price to increase high in a period of time that may not be too long.
I will support anyone who buys and invests in Dogecoin.
Maybe Doge is just waiting for time, if only tomorrow there are some more good news that can lift the coin to be as hype as before, that would be great. but indeed, there are quite a few Doge holders, and surely all of them want profit, not just for display and just for the sake of liking it. therefore, just hope that the whales of Doge will pump the coin at least tomorrow during the bullish era. just hope if there is much better and more potential news from Elon Musk or others that can make Doge return to its former glory, don't let it be eroded by the many meme coins that are scattered on exchanges so far. all of which are very easy to go up and down very drastically as easily as that, until to be the end after the drop.
Today Dogecoin price is up sharply, BTC also hit new ATH again at $75k.
I think this has something to do with the US presidential election, where Trump supported by Elon Musk supports cryptocurrency.
This is good news, and there may be more increases. Focus on Dogecoin, Holder must be smiling seeing the Doge price chart today.
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Today Dogecoin price is up sharply, BTC also hit new ATH again at $75k.
I think this has something to do with the US presidential election, where Trump supported by Elon Musk supports cryptocurrency.
This is good news, and there may be more increases. Focus on Dogecoin, Holder must be smiling seeing the Doge price chart today.
Dogecoin immediately increased to $0.21 when Bitcoin reached a new ATH at $75k. However, I think it is not really significant, people expect Dogecoin price can be around $0.4-$0.5 at least. Since there is no big support from Elon Musk anymore, Dogecoin looks difficult to increase significantly again.
We must be aware that Trump supports Bitcoin and crypto industry. He doesn't specifically support Dogecoin. So, it is too speculative if we expect big impact on Dogecoin price from this matter. I think there will be no big change in Dogecoin price if there is no specific support on Dogecoin. TBH, I personally expect the Dogecoin team that make a new innovation.
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Today Dogecoin price is up sharply, BTC also hit new ATH again at $75k.
I think this has something to do with the US presidential election, where Trump supported by Elon Musk supports cryptocurrency.
This is good news, and there may be more increases. Focus on Dogecoin, Holder must be smiling seeing the Doge price chart today.
Dogecoin immediately increased to $0.21 when Bitcoin reached a new ATH at $75k. However, I think it is not really significant, people expect Dogecoin price can be around $0.4-$0.5 at least. Since there is no big support from Elon Musk anymore, Dogecoin looks difficult to increase significantly again.
We must be aware that Trump supports Bitcoin and crypto industry. He doesn't specifically support Dogecoin. So, it is too speculative if we expect big impact on Dogecoin price from this matter. I think there will be no big change in Dogecoin price if there is no specific support on Dogecoin. TBH, I personally expect the Dogecoin team that make a new innovation.
I checked the market today, the price of Dogecoin has gone down again, but traders who had the opportunity to take advantage of the price increase yesterday are certainly good.
Yes, we are actually happy if there is a country leader who supports the crypto industry, especially since this is the superpower country of the USA.
Although not focused on Dogecoin, I am happy that Bitcoin can reach a new ATH. I also hope that the price of Doge can also reach a new ATH, even though the price is now far below that.
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I never benefited from this coin, I only heard about it after its huge pump that a lot of people benefited from holding them. Such a meme coin has not come to the crypto space and stayed for this long and has this value it’s holding itself to. Doge is really the king of meme coin. After all this happenings around Doge, I don’t still hold any or even have plans to hold any for now. I just feel even if it pumps from here, we might not be making a good profit as the early holders did, I may be wrong but that’s by intuition of it for now.
Have you invested in Dogecoin or other meme coins? If you never invested in these coins, how you can benefit from them? ;D
It is real story that there were big pumps in Dogecoin and other meme coins. But the pump won't always happen, mostly it happened in a short time. So, those meme coins don't deserve to hold a long time, it is better to hold a short time.
No doubt that Dogecoin is the king of meme coins. It has the largest market cap so far. But this won't guarantee profits, other meme coins may be more profitable than Dogecoin.
Investing in meme coins is risky and holding it for long term can greatly increase the chance of loss. Doge coin reached the highest price in 2021 but since then no 2nd ATH has been touched. Same is the case with Shib Coin, those who held their tokens for a long time instead lost their money. But currently there are quite a lot of green signals about doge coins. The coin has gained a lot of momentum in the meme market, especially with Elon Musk supporting Trump. The number of investors has increased significantly. It is assumed that the coin can increase by several times its previous ATH but since this is only speculation. Investors must invest at risk and only invest what they can afford to lose.
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I'm gonna ask you all :D: how many of you have been holding doge until now? Are you gonna buy again or get rewards in DOGE while doing some tasks like we used to do in 2019??
(https://i.imgur.com/Rna5D8R.png)
I am just a DOGE coin view enthusiast, so I have never bought DOGE coins nor have I ever been a DOGE hodLer. If I have money, maybe I will buy a few DOGE coins because it seems very easy for DOGE to reach 0.3 dollars. If you look at DOGE coins in 2019, it seems like DOGE is in a very low position and reaches its peak in 2020.
Maybe OP has bought DOGE coins since 2019 and then sold them when they were high in 2020 at 1 DOGE = 0.7 dollars. I'm sure OP is someone who got the JackPot from DOGE coins when he bought them very cheaply and then they rose quickly and made a profit.
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I love DOGE because I noticed that this DOGE coin has a very classy history, even until now the DOGE coin is still Elon Musk's favorite coin. DOGE also has a history at its highest price of around 0.7 dollars and now I notice that this DOGE coin has reached a price of around 0.41 dollars more on Binance. I am sure that in the next few months the DOGE coin will reach a new All Time High again exceeding 0.7 dollars. But to reach 0.7 dollars, it certainly requires extra patience because some of them must have sold it because they are traders and investors who definitely want to take profit. But it's also good when Bitcoin continues to rise in price, then the price of DOGE will definitely continue to rise in price following the direction of the Bitcoin price.
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I'll buy DOGE in respect for Kabosu, but in terms of profits, I believe that other meme coins can give you more compared to DOGE. The thing though is that, DOGE is safer than all of other meme coins out there (including SHIB).
Mate, just buy Doge for a clearer purpose. Why buy Doge to respect Kabosu? :D
Hmmm, I don't have any reason why I want to buy DOGE in respect for Kabosu. :D
Maybe I'll throw the reason that I'm a dog lover. ;)
Nevertheless, in terms of meme coins, we know that DOGE by far the safest one to invest our money with because of the fact that it has been there for a very long time. TBH, I don't have a clear purpose on why I buy meme coins, but it's a different thing for DOGE. Aside from the fact that I'm buying it during the bear market in respect of Kabosu, I'm buying it as well just because I want to hold a meme coin (safe meme coin), and of course profit as well.
I guess that's my "clearer purpose" now mate. For profit. ;)
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I'll buy DOGE in respect for Kabosu, but in terms of profits, I believe that other meme coins can give you more compared to DOGE. The thing though is that, DOGE is safer than all of other meme coins out there (including SHIB).
Mate, just buy Doge for a clearer purpose. Why buy Doge to respect Kabosu? :D
Hmmm, I don't have any reason why I want to buy DOGE in respect for Kabosu. :D
Maybe I'll throw the reason that I'm a dog lover. ;)
Nevertheless, in terms of meme coins, we know that DOGE by far the safest one to invest our money with because of the fact that it has been there for a very long time. TBH, I don't have a clear purpose on why I buy meme coins, but it's a different thing for DOGE. Aside from the fact that I'm buying it during the bear market in respect of Kabosu, I'm buying it as well just because I want to hold a meme coin (safe meme coin), and of course profit as well.
I guess that's my "clearer purpose" now mate. For profit. ;)
Clear purpose. You have a justified reason for buying Doge because it is well safe memecoin investment compared to others.
Having a safe investment is one of the most important aspects every crypto investor has to look into because it doesn't make sense if one invests in a memecoin with intentions of making many profits but their investment in memecoin is not safe. It can be rugpulled or get dumped by the whales at any given time
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I'll buy DOGE in respect for Kabosu, but in terms of profits, I believe that other meme coins can give you more compared to DOGE. The thing though is that, DOGE is safer than all of other meme coins out there (including SHIB).
Mate, just buy Doge for a clearer purpose. Why buy Doge to respect Kabosu? :D
Hmmm, I don't have any reason why I want to buy DOGE in respect for Kabosu. :D
Maybe I'll throw the reason that I'm a dog lover. ;)
Nevertheless, in terms of meme coins, we know that DOGE by far the safest one to invest our money with because of the fact that it has been there for a very long time. TBH, I don't have a clear purpose on why I buy meme coins, but it's a different thing for DOGE. Aside from the fact that I'm buying it during the bear market in respect of Kabosu, I'm buying it as well just because I want to hold a meme coin (safe meme coin), and of course profit as well.
I guess that's my "clearer purpose" now mate. For profit. ;)
Clear purpose. You have a justified reason for buying Doge because it is well safe memecoin investment compared to others.
Having a safe investment is one of the most important aspects every crypto investor has to look into because it doesn't make sense if one invests in a memecoin with intentions of making many profits but their investment in memecoin is not safe. It can be rugpulled or get dumped by the whales at any given time
Everyone makes investments with the aim of seeking profit and not seeking loss. The best meme coins right now are doge, pepe, Shiba Inu and I think if anyone wants to invest in them right now, it is clearly very appropriate because the, increase season is not long, and they could give a surprise again like they did before.
I agree, that we must ensure that investments will be safe and profitable, so don't just follow along but analyze a little. Of course, it is very good to do.
but in my opinion, doge will be able to provide a good contribution to its holders, so don't hesitate to do that.
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Everyone makes investments with the aim of seeking profit and not seeking loss. The best meme coins right now are doge, pepe, Shiba Inu and I think if anyone wants to invest in them right now, it is clearly very appropriate because the, increase season is not long, and they could give a surprise again like they did before.
I agree, that we must ensure that investments will be safe and profitable, so don't just follow along but analyze a little. Of course, it is very good to do.
but in my opinion, doge will be able to provide a good contribution to its holders, so don't hesitate to do that.
The fact of the matter is that while it does provide the idea of returns on meme coins, great returns come with great risk. When taking decisions, we have to think about data, market trends and history of coin performance so we can decrease our risk of losses. Dogecoin, one of the many coins, is one of the most successful coins as well, but the latter’s success is heavily reliant on the community and whatever is happening in the market. This type of investment with a suitable approach and insight enough is a nice opportunity for people to embrace high market fluctuations.
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Everyone makes investments with the aim of seeking profit and not seeking loss. The best meme coins right now are doge, pepe, Shiba Inu and I think if anyone wants to invest in them right now, it is clearly very appropriate because the, increase season is not long, and they could give a surprise again like they did before.
I agree, that we must ensure that investments will be safe and profitable, so don't just follow along but analyze a little. Of course, it is very good to do.
but in my opinion, doge will be able to provide a good contribution to its holders, so don't hesitate to do that.
The fact of the matter is that while it does provide the idea of returns on meme coins, great returns come with great risk. When taking decisions, we have to think about data, market trends and history of coin performance so we can decrease our risk of losses. Dogecoin, one of the many coins, is one of the most successful coins as well, but the latter’s success is heavily reliant on the community and whatever is happening in the market. This type of investment with a suitable approach and insight enough is a nice opportunity for people to embrace high market fluctuations.
Agree, that there is always a risk that might happen. Of wanting to take meme coins as an investment. Of course, not all of them can avoid it. But as you also said, we must always be wise by doing a good analysis before you want to continue in the goals we want, so that you can avoid the smallest possible risks if they occur.
Doge is indeed big because Elon and his community are very large so that they can be in the best position for now, and it is not surprising that doge will be able to reach its best point in time, and it does need a process.
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[snip] ...
Aside from the fact that I'm buying it during the bear market in respect of Kabosu, I'm buying it as well just because I want to hold a meme coin (safe meme coin), and of course profit as well.
Yes.. that makes more sense... for some strong coin lovers, DOGE is indeed not as stable as BTC, but doge is the most stable memecoin when compared to other memecoins... meaning that to not miss the current memecoin hype and want to stay safe, doge is the solution...
But since I consider memecoins to be a unit, and synonymous with volatility, I tend to like to gamble on memecoins... yes with only a small amount of money, and very infrequent trading intensity.
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Yes.. that makes more sense... for some strong coin lovers, DOGE is indeed not as stable as BTC, but doge is the most stable memecoin when compared to other memecoins... meaning that to not miss the current memecoin hype and want to stay safe, doge is the solution...
But since I consider memecoins to be a unit, and synonymous with volatility, I tend to like to gamble on memecoins... yes with only a small amount of money, and very infrequent trading intensity.
Sure, Doge isn't a stable coin. Doge also isn't stable if we compared with other meme coins. Doge is only quite stable to maintain its position in the top 10 ranks in CMC. However, I think Dogecoin can drop its position if there is no longer hype in Dogecoin. The price will gradually decrease a lot without hype. The demand can start to drop, moreover in the next bearish season.
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Yes.. that makes more sense... for some strong coin lovers, DOGE is indeed not as stable as BTC, but doge is the most stable memecoin when compared to other memecoins... meaning that to not miss the current memecoin hype and want to stay safe, doge is the solution...
But since I consider memecoins to be a unit, and synonymous with volatility, I tend to like to gamble on memecoins... yes with only a small amount of money, and very infrequent trading intensity.
Sure, Doge isn't a stable coin. Doge also isn't stable if we compared with other meme coins. Doge is only quite stable to maintain its position in the top 10 ranks in CMC. However, I think Dogecoin can drop its position if there is no longer hype in Dogecoin. The price will gradually decrease a lot without hype. The demand can start to drop, moreover in the next bearish season.
It seems that almost all meme coins have similarities, including unstable doge and easily moved down when Bitcoin was corrected, even it was still strong and ranked at the top. Agree with what you say that doge is large and can increase because of the great influence of someone who has been raising it and this is certainly not good for a long time. The large community that has been built can encourage doge to always appear in advance by being actively traded. There can always be a possibility that the bearish season you say can be realized and cannot be avoided if there is nothing extraordinary about doge.
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Yes.. that makes more sense... for some strong coin lovers, DOGE is indeed not as stable as BTC, but doge is the most stable memecoin when compared to other memecoins... meaning that to not miss the current memecoin hype and want to stay safe, doge is the solution...
But since I consider memecoins to be a unit, and synonymous with volatility, I tend to like to gamble on memecoins... yes with only a small amount of money, and very infrequent trading intensity.
Sure, Doge isn't a stable coin. Doge also isn't stable if we compared with other meme coins. Doge is only quite stable to maintain its position in the top 10 ranks in CMC. However, I think Dogecoin can drop its position if there is no longer hype in Dogecoin. The price will gradually decrease a lot without hype. The demand can start to drop, moreover in the next bearish season.
It seems that almost all meme coins have similarities, including unstable doge and easily moved down when Bitcoin was corrected, even it was still strong and ranked at the top. Agree with what you say that doge is large and can increase because of the great influence of someone who has been raising it and this is certainly not good for a long time. The large community that has been built can encourage doge to always appear in advance by being actively traded. There can always be a possibility that the bearish season you say can be realized and cannot be avoided if there is nothing extraordinary about doge.
Now it is not entirely true to state that meme coins depend on single factor only to survive or increase value. Although they perform their circumnavigation based on market trends and famous people, there are some other factors that ensure their popularity. Several factors make such coins popular and widely ranked such as high liquidity, a growing community and use of coins such as Doge in many transactions. Contrary to this, there are many cases when Bitcoin’s crash does not reduce its interest with people since they can trade in it actively. Doge has evolved through different cycles and is still targeting different people’s attention.
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It seems that almost all meme coins have similarities, including unstable doge and easily moved down when Bitcoin was corrected, even it was still strong and ranked at the top. Agree with what you say that doge is large and can increase because of the great influence of someone who has been raising it and this is certainly not good for a long time. The large community that has been built can encourage doge to always appear in advance by being actively traded. There can always be a possibility that the bearish season you say can be realized and cannot be avoided if there is nothing extraordinary about doge.
Yes, all meme coins have similarities. All of them rely on the hype, they will decrease gradually if the hype has been over. If we look at the prices of most meme coins now, they are declining a lot. It is because there is no much hype on meme coins and the market trend is in bad condition. Even if Doge and other meme coins have large communities, it can't give big influence now. So be careful if we are holding meme coins.
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It seems that almost all meme coins have similarities, including unstable doge and easily moved down when Bitcoin was corrected, even it was still strong and ranked at the top. Agree with what you say that doge is large and can increase because of the great influence of someone who has been raising it and this is certainly not good for a long time. The large community that has been built can encourage doge to always appear in advance by being actively traded. There can always be a possibility that the bearish season you say can be realized and cannot be avoided if there is nothing extraordinary about doge.
Yes, all meme coins have similarities. All of them rely on the hype, they will decrease gradually if the hype has been over. If we look at the prices of most meme coins now, they are declining a lot. It is because there is no much hype on meme coins and the market trend is in bad condition. Even if Doge and other meme coins have large communities, it can't give big influence now. So be careful if we are holding meme coins.
Hype is what gives meme coins a lot of roles when they can contribute to increasing even when there is a big correction or even disappearing from the existing exchange.
I agree with what you said, not to trust too much and always be more careful with meme coins, because the influence of hype is very dominant in their daily lives and, of course, this is not something very good in the future.
But if forced to hold meme coins, I think and this is in my opinion, they will still fall on doge.
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Hype is what gives meme coins a lot of roles when they can contribute to increasing even when there is a big correction or even disappearing from the existing exchange.
I agree with what you said, not to trust too much and always be more careful with meme coins, because the influence of hype is very dominant in their daily lives and, of course, this is not something very good in the future.
But if forced to hold meme coins, I think and this is in my opinion, they will still fall on doge.
The hype can increase the prices of meme coins. But the hype won't last a long time. The hype will suddenly dissapear when there is another news or issues. Sure, the hype is something that make the price of meme coins can increase very significantly. However, since the hype is for the short term only, we don't be greedy with meme coins. We must be aware that we should take profits on meme coins as long as it has the hype. Don't wait for the end of the hype!!!
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Hype is what gives meme coins a lot of roles when they can contribute to increasing even when there is a big correction or even disappearing from the existing exchange.
I agree with what you said, not to trust too much and always be more careful with meme coins, because the influence of hype is very dominant in their daily lives and, of course, this is not something very good in the future.
But if forced to hold meme coins, I think and this is in my opinion, they will still fall on doge.
The hype can increase the prices of meme coins. But the hype won't last a long time. The hype will suddenly dissapear when there is another news or issues. Sure, the hype is something that make the price of meme coins can increase very significantly. However, since the hype is for the short term only, we don't be greedy with meme coins. We must be aware that we should take profits on meme coins as long as it has the hype. Don't wait for the end of the hype!!!
So far, it has been difficult to put aside hype with all meme coins, because hype is needed by meme coins to be able to provide better results than meme coins.
But the momentum of the hype also greatly affects every movement that will occur with meme coins, so it must be right on time if you want to get maximum results and if you miss it, you can be sure that the results will be bad and certainly not desirable.
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Hype is what gives meme coins a lot of roles when they can contribute to increasing even when there is a big correction or even disappearing from the existing exchange.
I agree with what you said, not to trust too much and always be more careful with meme coins, because the influence of hype is very dominant in their daily lives and, of course, this is not something very good in the future.
But if forced to hold meme coins, I think and this is in my opinion, they will still fall on doge.
The hype can increase the prices of meme coins. But the hype won't last a long time. The hype will suddenly dissapear when there is another news or issues. Sure, the hype is something that make the price of meme coins can increase very significantly. However, since the hype is for the short term only, we don't be greedy with meme coins. We must be aware that we should take profits on meme coins as long as it has the hype. Don't wait for the end of the hype!!!
So far, it has been difficult to put aside hype with all meme coins, because hype is needed by meme coins to be able to provide better results than meme coins.
But the momentum of the hype also greatly affects every movement that will occur with meme coins, so it must be right on time if you want to get maximum results and if you miss it, you can be sure that the results will be bad and certainly not desirable.
Essentially, meme coins to me are more hype based which is why they are rather volatile in nature. If one chose to follow the trend of the particular financial instrument and entered at the wrong time, the chances are that the person will end up making a loss. Some persons would like to get into the market and out before a certain period, only to discover that the market moves quicker. That is why I personally do not abandon principles of rationality but do not reject taking chances as well, although it is better not to overestimate our possibilities. Meme coins are associated with great profits, but it is always a dangerous game for those who fail to understand its risks.
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Hype is what gives meme coins a lot of roles when they can contribute to increasing even when there is a big correction or even disappearing from the existing exchange.
I agree with what you said, not to trust too much and always be more careful with meme coins, because the influence of hype is very dominant in their daily lives and, of course, this is not something very good in the future.
But if forced to hold meme coins, I think and this is in my opinion, they will still fall on doge.
The hype can increase the prices of meme coins. But the hype won't last a long time. The hype will suddenly dissapear when there is another news or issues. Sure, the hype is something that make the price of meme coins can increase very significantly. However, since the hype is for the short term only, we don't be greedy with meme coins. We must be aware that we should take profits on meme coins as long as it has the hype. Don't wait for the end of the hype!!!
So far, it has been difficult to put aside hype with all meme coins, because hype is needed by meme coins to be able to provide better results than meme coins.
But the momentum of the hype also greatly affects every movement that will occur with meme coins, so it must be right on time if you want to get maximum results and if you miss it, you can be sure that the results will be bad and certainly not desirable.
Essentially, meme coins to me are more hype based which is why they are rather volatile in nature. If one chose to follow the trend of the particular financial instrument and entered at the wrong time, the chances are that the person will end up making a loss. Some persons would like to get into the market and out before a certain period, only to discover that the market moves quicker. That is why I personally do not abandon principles of rationality but do not reject taking chances as well, although it is better not to overestimate our possibilities. Meme coins are associated with great profits, but it is always a dangerous game for those who fail to understand its risks.
What you have said is true that meme coins are big because they are based on hype where they increase because of it and will quickly plunge when the hype has passed. Indeed always keep an eye on the situation if you really want to invest in it, because at any time, meme coins can no longer mean anything if we take the wrong steps in investing, for that always maintain the existing situation so that it is indeed in the desired situation so that what is obtained can be fulfilled quickly.
Actually, all investments are very risky, but we cannot forget that for meme coins it is much riskier in determining whether to invest.
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Hype is what gives meme coins a lot of roles when they can contribute to increasing even when there is a big correction or even disappearing from the existing exchange.
I agree with what you said, not to trust too much and always be more careful with meme coins, because the influence of hype is very dominant in their daily lives and, of course, this is not something very good in the future.
But if forced to hold meme coins, I think and this is in my opinion, they will still fall on doge.
The hype can increase the prices of meme coins. But the hype won't last a long time. The hype will suddenly dissapear when there is another news or issues. Sure, the hype is something that make the price of meme coins can increase very significantly. However, since the hype is for the short term only, we don't be greedy with meme coins. We must be aware that we should take profits on meme coins as long as it has the hype. Don't wait for the end of the hype!!!
So far, it has been difficult to put aside hype with all meme coins, because hype is needed by meme coins to be able to provide better results than meme coins.
But the momentum of the hype also greatly affects every movement that will occur with meme coins, so it must be right on time if you want to get maximum results and if you miss it, you can be sure that the results will be bad and certainly not desirable.
Essentially, meme coins to me are more hype based which is why they are rather volatile in nature. If one chose to follow the trend of the particular financial instrument and entered at the wrong time, the chances are that the person will end up making a loss. Some persons would like to get into the market and out before a certain period, only to discover that the market moves quicker. That is why I personally do not abandon principles of rationality but do not reject taking chances as well, although it is better not to overestimate our possibilities. Meme coins are associated with great profits, but it is always a dangerous game for those who fail to understand its risks.
What you have said is true that meme coins are big because they are based on hype where they increase because of it and will quickly plunge when the hype has passed. Indeed always keep an eye on the situation if you really want to invest in it, because at any time, meme coins can no longer mean anything if we take the wrong steps in investing, for that always maintain the existing situation so that it is indeed in the desired situation so that what is obtained can be fulfilled quickly.
Actually, all investments are very risky, but we cannot forget that for meme coins it is much riskier in determining whether to invest.
All investments come with risks but are prone to more volatility as compared to other market assets in the case of meme coins. It may experience a rise in its prices in a span of some hours depending on the market conditions and it can also experience a drop in prices in the same way. Consequently, anyone who wants to venture in this meme coin, then should do so with the understanding that this is more of a gamble than normal investment. The actual process of monitoring developments, strengthening oneself and maintaining vigilance is important, as well as the knowledge when to leave this market. If a person does not have a plan or strategy and depends only on good luck or the trend will win, then the opposite is possible.
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What you have said is true that meme coins are big because they are based on hype where they increase because of it and will quickly plunge when the hype has passed. Indeed always keep an eye on the situation if you really want to invest in it, because at any time, meme coins can no longer mean anything if we take the wrong steps in investing, for that always maintain the existing situation so that it is indeed in the desired situation so that what is obtained can be fulfilled quickly.
Actually, all investments are very risky, but we cannot forget that for meme coins it is much riskier in determining whether to invest.
Meme coins became popular because of the hype of Dogecoin in the past. If there is no big hype on Dogecoin in 2021, I'm not sure meme coins will be as popular as nowadays. However, we must be careful of meme coins because the hype easily changes/ends. When it ends, the price will free fall, there is no way to get profits anymore. Meme coins also has no fundamentals. These are some reasons that meme coins are riskier than other coins/tokens.