Hello,
If someone bought the Dogecoin at the highest price, then it is better to wait or change it to other cryptos and make money by exchanges and swap?
Any idea welcomed.
Thank you.
For a coin which already pumped and dumped, i think better to change to another coin because waiting for Dogecoin hype will need long time (but can be in short) i mean Dogecoin can be pumped again if get hyped again or maybe if pumped by whales. So for a coin which not developed much like Dogecoin, take profit in right time is important.
If we can avoid meme coins from the start, i think it will be better so we will not be in trouble holding it continuously but with no definite time to make profits. Maybe as long as there is hype that pumps them, it will be a good time to sell. Because once the hype will be over, i don't think we can see them rising again, not unless there are big whales who will make their prices pump again.
However, seeing the present price of dogecoin right now, its more on a correction so once the price pumps again, better sell it immediately or change them into some other coins that at least have real utility case so you will be at peace thinking that their value will keep on rising once there is still a good demand for that coins.