Post
Topic
Board Altcoin Discussion
Re: Doge is to hold should not be trading
by
fancy2973
on 05/06/2021, 14:21:59 UTC
With so much good news about doge that it caught everyone's attention to buy it so the price went up and the hottest news i heard that doge will be listed on coinbase pro can definitely have a good impact
dogecoin has always been like that. this is related to how the community responds to the news that has been published. maybe later there will be interference from people like Elon who take advantage of the situation.
but to be honest, I myself have never kept Dogecoin for a long time. In fact, most often I use it to move my money from the exchange to my personal wallet. but that was before the price increased to what it is today. because maybe some exchange platforms provide more expensive dogecoin withdrawal fees than TRX.
 
Yes i also use doge only to reduce  withdrawal  fees because lately the fees are very high because using doge can save costs, quite petrified for me who often moves the exchange market

But that is indeed an option that DOGE offers. For transfers between exchanges it is pretty nice as it is also listed an many exchanges. You still hav the hassle though to switch back and forth between the currencies and usually you have a taxable process involved every time you buy and sell the DOGE.