Post
Topic
Board Speculation (Altcoins)
Re: Dogecoin Dead???
by
starmman
on 22/08/2016, 06:12:52 UTC
Playing on the wild card requires you to diligently study the charts before making a move.
You are right, I have 7 or 8 'main' alt coins which I am trading with BTC and each one has a different strategy, usually when I spend enough time to form a strategy I'll eventually make profit. If I buy a coin without understanding it then the outcome is more random - it seems I have an equal chance of making a profit, loss or breaking even - but if its a loss then its high which disproportionately skews the profits.

Doge is for long term hodling coin, actually it is around 30-50 sat for 1 years. Stablility makes the coin very precious.

there is inflation as I remember so maybe the best option is spending coins for the fast txs and low fees, this is a great advantage.

True, I've been using it as a transfer coin since somebody advised me on this thread. It works great - you can transfer DOGE to almost every exchange for only 80 satoshi and very fast transfer, better than 10,000 satoshi and having to wait hours or longer.

Indeed it is very nice DOgecoin in the transaction is done, but I'm not sure that dogecoin will forever give it. because I see that the price of dogecoin far from the standard price crypto. So this is not going to give a good effect if too posed the dogecoin than the bitcoin

The price of DOGE is so low because there are so many of them compared to BTC. There are 105,695,794,678 DOGE in supply compared to 15,825,804. If there were so many BTC its price would also be much lower. The attributes you want to look at are volume and market cap.