Post
Topic
Board Speculation (Altcoins)
Re: Doge coin is good or bad for investment ?
by
DmitFomin
on 17/07/2019, 11:29:16 UTC
hi friends now the current price of doge coin is very low and i want to invest in doge coin. So please i need your suggestion that i need to invest my money in this coin or not? And now the price of 1 doge is 31 sat please give me suggestion.
Doge has a huge community, which might even bn the biggest in cryptocurrency industry and its not one of the shitcoin that can make you loose more than 30 percent of your investment at a go. Investments in doge on the long run will be more preferable in my opinion because the short term profits many not be too significant depending on each traders target
I do not know why people invest in a Doge coin, because it does not have growth potential and is only a speculative coin. Although I agree that it has a huge community and widespread. But the rise in the price of the Doge may be unexpected and is supported by some positive news, so I think that you can buy the Doge only for speculative purposes.