Quote from: KingScorpio on October 30, 2017, 03:00:25 PM

Quote from: batang_bitcoin on October 30, 2017, 02:56:24 PM

Quote from: vkitaebiz on October 30, 2017, 02:08:34 PM

I see a large amount of sell orders for DogeCoin, and from the looks of the Bear charts, DogeCoin looks like a dying currency. If I was looking for a "long-term" currency, DogeCoin is the one I would avoid...? Huh

Interested to hear the community's thoughts on this?

DOGE's good for short term and day trading purposes but if you are planning to buy it and holds it for a long term basis, no and better find some other low valued coins that has real developer and legit projects on the process. I have invested in DOGE and actually I'm just using it for gambling and when I see some good + on it within the day I'm trading it. Be careful not to hold this coin.

all short term currencies tend to loose over time they are therefore also terrible for trading purposes

regards

Being a day trader, I'm only for the profit and I don't think that all short term currencies tend to lose all the time. If you are a trader that is depending on daily profit then you can't say that it's a terrible thing for trading purposes if you are earning with DOGE and with any other coins that you are generalizing. Are you just holding your coins for a longer time?