Post
Topic
Board Speculation (Altcoins)
Re: Do you think it's still good to buy DOGE (11/23/17)?
by
mx667
on 23/11/2017, 08:42:31 UTC
So DOGE just pump by 40%. Do you guys think it could still go up if I buy more now?
By now doge could have been doing well compared to were we have been. Doge is one of the oldest coin that is very promising just that the developers just abandon it at the face when that was needed. I was impressed hearing that dego make 40% gain and I hope it sustain this momentum as this coin can compete with those big coin with good technology like ethereum and litecoin.

Why do you want to buy Dogecoin? Does not the price of Dogecoin change much? And if it increases though, the price will not be much different. If you think you can invest and get a lot of profit from Dogecoin, you will not get it. But if you think you just want to use Dogecoin for a transaction, then you're fine. You will not get a lot of fees from Dogecoin unlike Bitcoin. But you also can not profit or loss from Dogecoin if you use it as a tool for transaction only. You'd better use another Altcoin to buy. Ethereum and Litecoin are as good as you say. Or you just buy Bitcoin and wait for a while and you'll get a lot of profit. But you have to wait for several years if you want to profit a lot.