Post
Topic
Board Altcoin Discussion
Re: Is Doge Coins still a good investment option?
by
TastyChillySauce00
on 10/08/2024, 01:27:03 UTC
So, I'm thinking of buying Doge coins again. The last I invested on Doge, I got good returns in 2021 when I sold everything.

I know this is mostly a gamble but nevertheless.

Do anyone feel the same way about Doge coins being a good investment option?

It's good investment when the market is having significant dump, honestly doge coin after reaching 10 billion ++ market cap doge's price action heavily resembles bitcoin and right now just follow bitcoin trend, it's unlike newer meme coin with lower market cap where the hype still heavily influence the price action of the coin and dictate whether it's gonna be bullish or bearish.



dogecoin is just another high market cap investment much like BNB, SOL, or ETH. the risk of delisting is close to zero, the market is already stable enough and you're more likely not gonna get that big of a profit unless BTC is having big rally.