Investment in Dogecoin at this point?

[Nomad]

Dogecoin is 20 cents at this time. I do not think the coin can go up any time soon because of its large supply. Every minute 10 thousand coins are being mined, when a coin is in such a huge supply, it will never be able to rise on its own.

 

[eLdavis]

Dogecoin is 20 cents at this time. I do not think the coin can go up any time soon because of its large supply. Every minute 10 thousand coins are being mined, when a coin is in such a huge supply, it will never be able to rise on its own.

What you have said completely make sense, right now it would be very difficult for doge coin to go up, this is why most persons no longer want to invest on it. But I believe later on there would be lots of changes and the coin would definitely do well in the future.

 

[Trexxxy]

Well at the time it seemed like a good investment however as time went by, and coins started losing value, dogecoin wasn't left out as well. I believe if you hold on it will eventually rise.

 

[Senator]

I am not going to be advising you to invest or not to invest in this dogecoin. The coin to me is not worth my investing on that is why I am giving the advise I am giving now

 

[Chizfab]

Yes, you are right but we still need to tread carefully to avoid future loss. Apart from Dogecoin, there are other promising Alt Coins based on their white list; Ethereum, Algorand, Solana and Polkadot. However, It's advisable not to buy now that there is a deep dip.

 

[Aaron625]

The price of dogecoin at present is not that high ,just around $0.2 , so it may not be a bad idea to put some money into this coin as suggested by other investors. But there are high potential altcoins like ADA , XRP which perform better than dogecoin usually.

 

[Elfinito]

Dogecoin is currently trading at $0.24 and this is the best time to acquire many coins as possible.
The Doge looks bullish with many companies in the United States adopting it as a means of payment

 

[Ub40]

I don't think I can predict if dogecoin or any other coins will do well in the future or not because crypto coins are volatile in nature. A coin maybe good at the moment and can become worst in the next minutes. Personally, I don't have much money in dogecoin.

 

[Skysaint]

I wouldn't advice anyone to invest in the coin now considering that the coin is lacking potentials. As a matter of fact am just hoping to withdraw my investment on the site as soon as it reaches my initial investment amount

 

[Nomad]

Even though doge is still higher than what it was in the beginning of this year, but dogecoin has failed to attract investors after it started falling from its all time high in May. These days it is increasing but not much.

 

[greenie]

The greater the variety of saving opportunities on offer, the more likely people will find a scheme that will suit them. Confidence in the ability of institutions to pay an interest and repay the amount saved, is also important.

vi. Age structure:

The young and the old tend to save less than middle- aged people. The old, especially the very old, draw on their savings to ensure a reasonable living standard during retirement.

 

[Sincerem]

The dogecoin crypto currency is one of the most promising crypto currency at the moment as it is backed by some big whales in the industry and it is speculated to have a really good bullish run soon.

 

[Setho]

Doge coin is a cryptocurrency that exists primarily based on the hype around it by Elon musk. I do not think that it is a very wise investment if you are going to consider so many other ways that you can be able to invest in cryptocurrency.

 

[Electrohunter26]

Even tho I don't have alot faith in dogs coin in general but it will certainly go up so I suggest buying some now and you will surely make some profit

 

[Monster Masterpiece]

Many websites paying with dogecoin means it is profitable investment as dogecoin collector and the fees and prices isn't like the one of other altcoins which fee is higher than dogecoin one.