Post
Topic
Board Altcoin Discussion
Re: Shall I HODL DOGE?
by
Nazmul012
on 23/02/2021, 19:30:45 UTC
I have some DOGE, received from faucets. Not much just around 500.

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


I dont think that was a good Idea, Dogecoin is just a meme coin, and the only reason why the price is rising because of Elon Musk endorsement which is no fundamentals to support in long term, whether we like it or not Doge price will eventually return to its previous level after the hype and speculation will fade off so stay focus on that reason to avoid any possible losses in the future.