Post
Topic
Board Altcoin Discussion
Re: Dogecoin - a joke or a way to make money?
by
BuNga_cute
on 28/10/2021, 22:12:58 UTC
Everybody knows that Dogecoin was created as a joke, but now it is worth real money. Do you think it is real to earn on it or it's all a big bubble?

I think every coin has its own way of development and each of us has our own way of investing , it seems some people see doge as a joke or just a bubble but also some people see it as a serious and long term investment so each of us has different feelings and thoughts myself i think doge is just a meme hype and then like a bubble that's why i always divide it up into different investments don't focus on a single investment in doge.

Each project does have its own way for the price to go up. But since I saw Dogecoin being created as a joke from the start, I didn't think about
long-term investment in Dogecoin. We can all see the rise in Dogecoin, indeed because of the hype, and even then, because of the manipulation
by Elon Musk. So the increase in the price of Dogecoin in such a way, will never last long. That's what ended up when Dogecoin hype and hit
the ATH price, many people bought Dogecoin at a high price, finally after the Dogecoin dump, many panicked and sold their Dogecoin at a loss.
In my opinion, if we want to make a profit from Dogecoin, do it in the short term, because investing in meme coins is indeed very risky.