Will Dogecoin Ever Reach $100?

[dekafee79]

If hold investment in meme coins for long term there is high chance of losing. Especially when the market is bearish, meme coins lose multiples in value which makes investing in those coins worthless. Those who release their coins during the hype are the most profitable. Currently, there are many meme coins in the market that have the potential to generate large long-term profits on investment, as well as the risk of losing. However, since Doge Coin is the oldest among the meme coins, it is possible to get big returns in a bullish market by investing in this coin.

There is always a chance of losing in any coin. Holding meme coins or fundamental coins can end up with losses in the long run. This requires analysis to determine which coins will be potential for the long term. But surely meme coins will have higher chance to get losses because they have no clear reasons to last a long time. Meme coins rely on the hype only, they are weak coins because they have no fundamentals.

Meme coins only rely on hype and according to my analysis and observation meme coins are only suitable for the short term during hype.
Other potential coins can be held for the long term because their popularity is stable and have a large community, especially old coins that have been tested and have a good reputation are suitable for long-term holding.

[enwi]

If hold investment in meme coins for long term there is high chance of losing. Especially when the market is bearish, meme coins lose multiples in value which makes investing in those coins worthless. Those who release their coins during the hype are the most profitable. Currently, there are many meme coins in the market that have the potential to generate large long-term profits on investment, as well as the risk of losing. However, since Doge Coin is the oldest among the meme coins, it is possible to get big returns in a bullish market by investing in this coin.

There is always a chance of losing in any coin. Holding meme coins or fundamental coins can end up with losses in the long run. This requires analysis to determine which coins will be potential for the long term. But surely meme coins will have higher chance to get losses because they have no clear reasons to last a long time. Meme coins rely on the hype only, they are weak coins because they have no fundamentals.

Meme coins only rely on hype and according to my analysis and observation meme coins are only suitable for the short term during hype.
Other potential coins can be held for the long term because their popularity is stable and have a large community, especially old coins that have been tested and have a good reputation are suitable for long-term holding.

Actually, the use of meme coins in our case is most relevant when the trend is specific to high levels. That is why they are an ideal short-term investment instrument as they highly depend on the hype, and at some time, they are full of opportunities.

However, established and high potential digital coins are less volatile since they were established in the early stages. These are more consistent with potential to deliver high profits and with such community and reputation established, these coins can very well be worth holding for the long term.

[smartaction]

If hold investment in meme coins for long term there is high chance of losing. Especially when the market is bearish, meme coins lose multiples in value which makes investing in those coins worthless. Those who release their coins during the hype are the most profitable. Currently, there are many meme coins in the market that have the potential to generate large long-term profits on investment, as well as the risk of losing. However, since Doge Coin is the oldest among the meme coins, it is possible to get big returns in a bullish market by investing in this coin.

There is always a chance of losing in any coin. Holding meme coins or fundamental coins can end up with losses in the long run. This requires analysis to determine which coins will be potential for the long term. But surely meme coins will have higher chance to get losses because they have no clear reasons to last a long time. Meme coins rely on the hype only, they are weak coins because they have no fundamentals.

Meme coins only rely on hype and according to my analysis and observation meme coins are only suitable for the short term during hype.
Other potential coins can be held for the long term because their popularity is stable and have a large community, especially old coins that have been tested and have a good reputation are suitable for long-term holding.

Investing in meme coin is not very profitable because some time after investing in meme coin one has to face big loss. If one invests in meme coin for short term then he can earn good amount of profit.Think of investing in long term rather than short term investment.  If he does, he may run into a big risk. Meme Coins rise on hype before investing in Meme Coins, we need to see which coin is going on hype.  Invest carefully.

[debra]

Investing in meme coin is not very profitable because some time after investing in meme coin one has to face big loss. If one invests in meme coin for short term then he can earn good amount of profit.Think of investing in long term rather than short term investment.  If he does, he may run into a big risk. Meme Coins rise on hype before investing in Meme Coins, we need to see which coin is going on hype.  Invest carefully.

Most people got losses in meme coins because they don't really know meme coins. They only follow the trend of meme coins, they don't invest in meme coins in a proper way. Some people even think to invest in meme coins for a long term, this is very wrong way. People who are aware with the potential of meme coins, they probably invest in early stage of meme coins improvement. Then, they will sell all the meme coins as long as it is in a big hype. Professional meme coin investors won't keep the meme coins for a long term.

[yohananaomi]

If hold investment in meme coins for long term there is high chance of losing. Especially when the market is bearish, meme coins lose multiples in value which makes investing in those coins worthless. Those who release their coins during the hype are the most profitable. Currently, there are many meme coins in the market that have the potential to generate large long-term profits on investment, as well as the risk of losing. However, since Doge Coin is the oldest among the meme coins, it is possible to get big returns in a bullish market by investing in this coin.

There is always a chance of losing in any coin. Holding meme coins or fundamental coins can end up with losses in the long run. This requires analysis to determine which coins will be potential for the long term. But surely meme coins will have higher chance to get losses because they have no clear reasons to last a long time. Meme coins rely on the hype only, they are weak coins because they have no fundamentals.

Meme coins only rely on hype and according to my analysis and observation meme coins are only suitable for the short term during hype.
Other potential coins can be held for the long term because their popularity is stable and have a large community, especially old coins that have been tested and have a good reputation are suitable for long-term holding.

Hype has indeed been relied on and used to increase meme coins and is usually limited by time and cannot last long, so they are not suitable for long-term investment. Of course, it cannot be compared with old coins that had potential until now and have contributed to their holders until now, because many of them are still holding back waiting for the time for an increase that will likely not be long.

[erus]

A very illogical question but this is crypto and everyone is free to ask about the price of Doge coins. Maybe the question doesn't make sense but I'm sure it could happen.
The same goes for questions like this "Can Bitcoin reach 1 million dollars?"
When Bitcoin reaches 1 million dollars, maybe Doge could also reach 100 dollars because everything is a factor of price and market cap.

Maybe I will be the one who looks at history, where Doge could be at a price of 100 dollars because now the price of Doge is around 0.1-0.2 dollars but if that happens.

[debra]

Hype has indeed been relied on and used to increase meme coins and is usually limited by time and cannot last long, so they are not suitable for long-term investment. Of course, it cannot be compared with old coins that had potential until now and have contributed to their holders until now, because many of them are still holding back waiting for the time for an increase that will likely not be long.

Yes, people choose meme coins because those meme coins are hype. Those people don't understand that the hype can be over at any time. When the hype is over, the price of the meme coins will begin to decrease severely. Considering this matter, we actually have no reason to hold meme coins for a long time. So, it is strange if there are people who buy meme coins for a long term investment.

There are also old meme coins. Doge is one of them. But I think it is not so different with common meme coins. I also avoid to invest in all meme coins, specifically for a long term investment.

[Rubel007]

If hold investment in meme coins for long term there is high chance of losing. Especially when the market is bearish, meme coins lose multiples in value which makes investing in those coins worthless. Those who release their coins during the hype are the most profitable. Currently, there are many meme coins in the market that have the potential to generate large long-term profits on investment, as well as the risk of losing. However, since Doge Coin is the oldest among the meme coins, it is possible to get big returns in a bullish market by investing in this coin.

There is always a chance of losing in any coin. Holding meme coins or fundamental coins can end up with losses in the long run. This requires analysis to determine which coins will be potential for the long term. But surely meme coins will have higher chance to get losses because they have no clear reasons to last a long time. Meme coins rely on the hype only, they are weak coins because they have no fundamentals.

Meme coins only rely on hype and according to my analysis and observation meme coins are only suitable for the short term during hype.
Other potential coins can be held for the long term because their popularity is stable and have a large community, especially old coins that have been tested and have a good reputation are suitable for long-term holding.

Yes, meme coins are not reliable in long term. Investing in these coins can add up to losses in the long run. However, I would definitely not be negative if one is able to hold investments in good meme coins based on current investor interest and trends. But of course it is an important responsibility of an investor to choose relatively good meme coin in terms of investment. It is not guaranteed that all meme coins will be able to survive in the market in the long run. But if one is interested in investing in meme coins then investing in doge coins can definitely be relatively safe considering the situation. If an investor wants to hold meme coins alongside good fundamental coins, Doge can be the good choice.

[malah]

Investing in meme coin is not very profitable because some time after investing in meme coin one has to face big loss. If one invests in meme coin for short term then he can earn good amount of profit.Think of investing in long term rather than short term investment.  If he does, he may run into a big risk. Meme Coins rise on hype before investing in Meme Coins, we need to see which coin is going on hype.  Invest carefully.

Meme coins can be highly profitable, at least in the short term, but there seem to be even greater opportunities to lose a lot of money, if we are, for instance, to consider a long-term view. They can experience a change in their value because of some new fads making this form of investment insecure. So, popularity of existing coins and prudence is very important that we should keep our eye on the development so that we don’t get carried away with the negative sentiments.

[UNIVERSE]

Meme coins only rely on hype and according to my analysis and observation meme coins are only suitable for the short term during hype.
Other potential coins can be held for the long term because their popularity is stable and have a large community, especially old coins that have been tested and have a good reputation are suitable for long-term holding.

All meme coins will rely on their hype only, that's why meme coins have no strong fundamentals. This make investing in meme coins is very risky, the meme coins actually have weak reasons to survive in the market. Yes, meme coins aren't suitable for a long term investment, it is just for short term target. If it is in bullish time, it is suitable for trading because the price can change drastically in a short time. But we must always be careful with meme coins because any news related to the coin may bring big impacts to the price. Bad news may ruin the price of the meme coins very much.

[Freemind]

Meme coins can be highly profitable, at least in the short term, but there seem to be even greater opportunities to lose a lot of money, if we are, for instance, to consider a long-term view. They can experience a change in their value because of some new fads making this form of investment insecure. So, popularity of existing coins and prudence is very important that we should keep our eye on the development so that we don’t get carried away with the negative sentiments.

To play with memecoins we must know each other well. The percentage of losing our investment is higher if we do not have the necessary patience and, above all, we choose the right project. So not only is it important that the project does not end up being another scam, but we will not be able to obtain much profit if we do not know the best time to buy and sell.What I just said is a "lesson" that many investors had to learn when they bought Doge during its last ATH and are still patient. Those who were not so patient may have lost a lot, a lot of money.

[JoyMarsha]

Investing in meme coin is not very profitable because some time after investing in meme coin one has to face big loss. If one invests in meme coin for short term then he can earn good amount of profit.Think of investing in long term rather than short term investment.  If he does, he may run into a big risk. Meme Coins rise on hype before investing in Meme Coins, we need to see which coin is going on hype.  Invest carefully.

Investing carefully should be the best advice to be given out currently as everyone is seeing how Bitcoin and so many other coins are soaring in price. Many investors are investing in coins, more especially memecoins. They are investing in them at their high price, not knowing that the market will be corrected soon and they will be at a loss.

However, memecoin is pump and dump coins. It's best to invest in them at their low and sell them at their high price. That's the best thing to do, if you want profits from memecoin

[Rubel007]

Investing in meme coin is not very profitable because some time after investing in meme coin one has to face big loss. If one invests in meme coin for short term then he can earn good amount of profit.Think of investing in long term rather than short term investment.  If he does, he may run into a big risk. Meme Coins rise on hype before investing in Meme Coins, we need to see which coin is going on hype.  Invest carefully.

Investing carefully should be the best advice to be given out currently as everyone is seeing how Bitcoin and so many other coins are soaring in price. Many investors are investing in coins, more especially memecoins. They are investing in them at their high price, not knowing that the market will be corrected soon and they will be at a loss.

However, memecoin is pump and dump coins. It's best to invest in them at their low and sell them at their high price. That's the best thing to do, if you want profits from memecoin

Memecoins have high returns due to which there are many investors who are willing to invest despite the risk. The biggest losers by investing in these coins are those who hold the coins despite their gains, hoping for more gains. Investing in meme coins in long term will definitely result in losses. Therefore, the investor should develop maximum awareness before investing. If invest in doge coins, there is a higher probability of profit but when the market is bearish, the coins will lose value quickly, which is why one should consider carefully before investing in memecoins.

[philipma1957]

Investing in meme coin is not very profitable because some time after investing in meme coin one has to face big loss. If one invests in meme coin for short term then he can earn good amount of profit.Think of investing in long term rather than short term investment.  If he does, he may run into a big risk. Meme Coins rise on hype before investing in Meme Coins, we need to see which coin is going on hype.  Invest carefully.

Investing carefully should be the best advice to be given out currently as everyone is seeing how Bitcoin and so many other coins are soaring in price. Many investors are investing in coins, more especially memecoins. They are investing in them at their high price, not knowing that the market will be corrected soon and they will be at a loss.

However, memecoin is pump and dump coins. It's best to invest in them at their low and sell them at their high price. That's the best thing to do, if you want profits from memecoin

Memecoins have high returns due to which there are many investors who are willing to invest despite the risk. The biggest losers by investing in these coins are those who hold the coins despite their gains, hoping for more gains. Investing in meme coins in long term will definitely result in losses. Therefore, the investor should develop maximum awareness before investing. If invest in doge coins, there is a higher probability of profit but when the market is bearish, the coins will lose value quickly, which is why one should consider carefully before investing in memecoins.

I will further this and state scrypt algo which merge mines LTC DOGE BELLS has been spectacular over the years.

Finding a cheap miner and just let it run is a good way to dca the coins at a reasonable price.

[rizqillah]

Investing in meme coin is not very profitable because some time after investing in meme coin one has to face big loss. If one invests in meme coin for short term then he can earn good amount of profit.Think of investing in long term rather than short term investment.  If he does, he may run into a big risk. Meme Coins rise on hype before investing in Meme Coins, we need to see which coin is going on hype.  Invest carefully.

Investing carefully should be the best advice to be given out currently as everyone is seeing how Bitcoin and so many other coins are soaring in price. Many investors are investing in coins, more especially memecoins. They are investing in them at their high price, not knowing that the market will be corrected soon and they will be at a loss.

However, memecoin is pump and dump coins. It's best to invest in them at their low and sell them at their high price. That's the best thing to do, if you want profits from memecoin

Memecoins have high returns due to which there are many investors who are willing to invest despite the risk. The biggest losers by investing in these coins are those who hold the coins despite their gains, hoping for more gains. Investing in meme coins in long term will definitely result in losses. Therefore, the investor should develop maximum awareness before investing. If invest in doge coins, there is a higher probability of profit but when the market is bearish, the coins will lose value quickly, which is why one should consider carefully before investing in memecoins.

meme coin is not suitable to be held for the long term, I think mem coin is better for short-term investment if we are late to sell we will likely experience losses because after listing alma for a long time the price will drop and even become worthless because the team has abandoned it.
I also invest in meme cpoin but for quick investment sell while it is still hype and the price is still high.