Post
Topic
Board Speculation (Altcoins)
Re: Dogecoin Dead???
by
doomloop
on 01/12/2021, 21:51:17 UTC
In my opinion Dogecoin is the best meme coin right now, apart from surviving for a long time, DOGE has also made a very good contribution to the development of cryptocurrencies so far, even though the value of DOGE fell too deep but I never thought that Dogecoin would die, because of users and demand. towards DOGE from time to time is increasing, and I believe DOGE will be a long-term investment that can provide benefits for its holders.
Best "meme coin" is not really a big high praise. I believe that it should not even be a proper thing honestly, I believe that it should have been long gone and not be hyped as much. I get that some people are very careful about all of this, and they are very much in love with memecoins and some people even made as much as 50x from memecoins.

However, just because you managed to make some profit doesn't mean that you will keep making that type of profit. I get that it is definitely something you could profit from in the short term but that doesn't mean that it is a long term good thing. I could have 1+ billion dollars, and I would still not hold 1+ million dollars worth of doge in my account for longer than 1 month. It is a coin that you should buy and sell as quickly as possible, otherwise it doesn't make sense at all, it would be very risky to keep holding it.