Post
Topic
Board Altcoin Discussion
Re: lost 1000$ in dogecoin investment
by
Doges
on 03/01/2014, 04:12:31 UTC

what good is doge to them if all it does is fall in value? it's almost like the US dollar... the only thing doge does reliably, is go down each day Wink[/b]

It's really hard to hold doge knowing this. I am a die hard fan and I hold some, but I can't lie and say I didn't cash out most of it already. The demand is going to have to keep up a lot, and it just feels very speculative and too much of a gamble to be really deep in to that coin right now.

I mean the 100 billion coin cap is extremely interesting, but as far as even gambling I do not see favorable odds. I don't think the coin will crash. It will just continue to decline in value until mid February when there may* be a spike if the community can keep up its momentum. It seems comparable to investing in the GH/s market for bitcoin constantly in decline.