Quote from: Suzane007 on December 20, 2020, 08:31:02 PM

I have some DOGE, received from faucets. Not much just around 500.

I'm quite surprised that there are still people who are spending their time in faucets where we already see that the time to reward ratio of it isn't acceptable. Total waste of time for others.

Quote from: Suzane007 on December 20, 2020, 08:31:02 PM

After the increase in the transaction fees of BTC, I have thought of converting my BTC and LTC to DOGE for the transactions and keep them as DOGE. On the second thought, I thought of converting my DOGE to LTC and keep.

Converting your BTC and LTC into DOGE and holding it after transferring isn't a good idea for me. It would be better if you will just transfer it through DOGE since it has a lower fee and faster but after transferring, you will convert it again. Converting your DOGE to LTC sounds better for me than keeping DOGE.

Quote from: Suzane007 on December 20, 2020, 08:31:02 PM

It's true that many sites have started accepting DOGE, thus it is getting popular so there is a chance that the price may increase. Still, my knowledge says there are certain loopholes like there is no upper limit in mining DOGE and it is still much easier to mine compared to others. In short, the demand & cost curve is a bit of a failure here. Though one can't say what might happen after 20 years.

DOGE is like ETH that has an infinite number of supply so its price isn't sustainable since the supply keeps coming. Yes there are some sites that are accepting DOGE but I don't think that it is enough for its price to rise even after 5 years.

Quote from: Suzane007 on December 20, 2020, 08:31:02 PM

Here I want some expert advice on this. Whether it is a good idea to convert and hold or keep my DOGE reserve constant.

If you really want to earn cryptos, stop doing faucets and find another way to earn it. Faucets are a total waste of time like I said and you can get more if you will earn it in another way. With regards to DOGE though, I'm not saying that it is a shitcoin and you might hold some if you want but don't go all in on it.