Quote from: fzkto on April 16, 2023, 03:01:31 PM

Quote from: Yamifoud on April 16, 2023, 12:11:53 PM

Quote from: borovichok on April 16, 2023, 05:51:49 AM

Quote from: andriarto on April 15, 2023, 05:23:05 AM

Instead of wasting time, it would be better to invest in clear coins. it's just luck if we rely on doge, because it's a meme coin which needs someone like elon musk to increase its price, but on the other hand if we have doge don't always hold it long term. release it when you already have a profit, because dumps often occur suddenly and you don't know how many more years you can recover, or even just stagnate or drop in price

Investing in memecoins is utterly straightforward because they have already seen a large bull run, and what is left are remnants that are being exploited by the top whales in the market. Dogecoin is merely a hype project in the market, but it has had some bull and bear movement in the past. Currently, the project has been abandoned since Elon Musk, the CEO of Dogecoin, only causes price action when he wants to make big gains from it. Tweeting about Dogecoin will continue to raise awareness of the project, but as we all know, this is a ruse to draw in additional investors who are seeking for projects to invest in.

Those who have a bad experience with Dogecoin will certainly be saying that this is not a good investment and not going to recommned to others. But that is enough, we can judge a project if is worth enough for investment or not based on its performance. And that is why still a lot of people are still investing Dogecoin because he earn more profit during the hype and surely they keep supporting and take advantage when Elon Musk make hype it again. I'd never against these investors, perhaps they already see and hear what to happen others but they still taking risk and that is there decision.

I don't understand why there is so much talk about DOGE when there are so many other good projects. I'm not saying DOGE is bad, but I don't think it's as profitable as it used to be. I think for example ADA, LTC or even XRP might be better in a bull market than DOGE. The main manipulator, Elon Musk, is no longer trusted. As long as he is here, nothing good awaits DOGE.

I can only say that it is just your opinion, and everyone has different thoughts, and it is impossible to know who will be right. I also don't hate doge, and if comparing the upside potential, I still prefer Doge over old altcoin projects. Aside from ETH and BNB, all the old altcoins have no guarantee that they will still turn you a profit in the next bull season. As you can also see, many potential new altcoins and the fact that they will replace old altcoins have happened a lot in the past. And that will likely happen again in the future, so investing in old altcoins is as risky as the meme. Investing in doge is still risky, but high profit opportunities are possible, memecoins always bring us surprises.