Hi.. There’s been a lot of recent hype around Dogecoin, especially following Donald Trump’s win. The price action has shown some strong bullish candlesticks, likely influenced by Elon Musk’s frequent post about it even naming an upcoming government organization with the initials.

At the moment, I’m considering staking Doge here because the
APR looks quite attractive and it's also flexible.. My plan is to hold it for the long term, ideally until it potentially reaches $1—or even higher, depending on the market hype


Do you think it’s realistic for Doge to achieve $1 in the near future??

One thing I noticed with all these coins is that the ability to increase in price at the beginning is not always hard and a lot of them surge so high in their price at the beginning, but along the line, it becomes the same story with all other altcoins raising, dumping and not being able to rise again, and so have this particular coin exhibited that characteristics and we need to pay closer attention to that at some point.

What I have noticed with them is that, if you want to invest in this kind of project, make sure to have a short-term investment plan and at that, as long as the price is high, you can do well to sell, and not attach too many emotions to them, and don't hold this coins when there are already listed on so many exchanges because the more the exchange the more the price become weaker to rise.

Elon really needs to drop the DOGE obsession if he wants to be taken seriously in this administration. Elon was a huge part of helping Trump claim victory, there is no doubt about that but if this Republican administration is to promote crypto then it needs to be Bitcoin & hopefully as a government reserve asset.

And with Elon's competitive personality you know he wants to surpass Bezos as the richest man in the world.

Solona has achieved extraordinary achievements because it has succeeded in being superior to other cryptocurrencies in terms of transaction speed. They are still successful at the top, however their performance is very good for now, we hope so in the future.

Solana is having a bad time with large number of it's transactions failing. This is not a good outlook for the hyped chain but I hope they'll be able to fix it with some updates. One of the reason for such failure is the sharp increase in transactions recently mostly coming in from bots. The congestion of the solana network has not only hurt the price of Solana but also memecoins based on the network. I'm still bullish even on these circumstances as the growth of Solana is unprecedent and if they be able to solve it a little bit, the price would easily jump to 300.

$7k  that is too huge in my opinion, all time high is $260. So let's say it goes 10x, so that's around $2600 only. Yes, I know that it is hot, but not sure how can it get to $7000 unless there is some whales going to pour their money in the market, and when he sees that price, sell and get out.

So it's better to put a conservative estimate around $3,000, at least you will not be frustrated if it doesn't goes to the price that you are expecting. I have nothing against Solana, it's a great project, but still remains to be seen as there are a lot of competitions.

There are no problems in Hive OS and similar systems, but you just have to run 2 miners and configure the numbers of video cards in each miner that will mine the required coins.
But of course it’s easier to mine so that the farm mines only 1 coin.

Hello,

Is it possible to get a mining rig and install different GPU brands to mine? For example I want to buy a rig and then install AMD(550, radeon 6800xt) & Nvidia (2080, 3070, 3090). Would it be possible to have different GPU's hooked to a rig?

Holding is the safest move in cryptocurrency as it could save one from unnecessary losses and as such it seems like the smartest move to me. The likes of trading and selling IDOs requires one to have more knowledge about crypto and Also to been informed about its happenings every time and this is usually hard for someone new in bitcoin. Whereas holding is just buying low or through DCA method and leaving them off in a secure wallet till they hit the profit target.

I agree but worse yet eth has crashed vs dollar.

 eth was 4000 in may 2021 it is 1880 now.

Eth was 2500 in feb 2022 it is  1880.

so 40 x 4000   = 160,000
and 28 x 2500 =  70,000
total $ value invested = 230,000

coins are 68 x 1850 = 125,800.

3.75% x 68 = 2.55 coins a year or maybe 5 coins or maybe 9250 cash

so if he cashes in 125,800 + 9250 = 135,050

230,000 = 135,050 he has a long way to break even.

As for the USD if you live in the USA and it hyper inflates the country will fall apart.

Hyperinflation means

50% per month.

https://www.investopedia.com/terms/h/hyperinflation.asp

"What Is Hyperinflation?
Hyperinflation is a term to describe rapid, excessive, and out-of-control general price increases in an economy. While inflation measures the pace of rising prices for goods and services, hyperinflation is rapidly rising inflation, typically measuring more than 50% per month.'

SO  may 2021 1 dollar for a dozen eggs means

June 2021 >>>>>   1.50
July. 2021 >>>>>   2.25
August 2021 >>>    3.37
Sept 2021 >>>>     5.06
Oct  2021 >>>>>   7.59
Nov 2021 >>>>> 11.38
Dec 2021 >>>>> 17.07

Jan 2022 >>>>> 25.60
Feb 2022 >>>>> 38.40
Mar 2022 >>>>> 57.61
Apr 2022 >>>>> 84.41
May 2022 >>>> 129.62
June  194.43
July   291.65
Aug   437.48
Sept  656.20
Oct   984.34
Nov 1476.51
Dec 2214.76

Jan   3322.14
Feb   4983.22
Mar   7474.83
Apr 11212.24            this would be todays price of eggs if we had hyperinflation I saw eggs at 3.99 this week

if you live in the USA and are planning for hyperinflation you should be

1) buying food the keeps for years
2) putting in solar with off grid battery ability
3) own an all electric car
4) lots of guns and ammo

Frankly if the USA were to suffer real hyperinflation we have 400 million guns.  A shit ton of people would be shooting each other.

As for Eth and staking. I rather be staking I bonds but the limit is 10 k a year.

Staking eth at 1850 a coin on coinbase is fine, but also think about some I bonds = For USA citizens only

I think the people who found themselves with a decent amount of Ethereum done the right thing staking but as I said before they would be making much more if they converted to another coin like Zilliqa for example and Atomic Wallet has the built in exchange with the lowest fees so far so it is a good option.I am not saying that people who staked Ethereum have done wrong,they could have simply earned more if they converted ETH to another coin,in the end I strongly agree with you as I am doing the exact things,staking ZIL,mining RTM,ETH,ETC and ZIL,spending some of them,playing casino when I feel for it,in other words I am enjoying crypto to the fullest.

I hear a lot of voices saying that BTC's price will go through the roof when the monetary system goes down.
I've heard predictions of BTC going 4x in 2024. Others say 33x in years to come.

Is there any estimated guess on how high Ethereum can go?
While the growth of BTC depends on the loss of confidence in regular currencies (dollar, euro..) it seems that the growth of ETH is not dependent on this.
I often hear people talk about BTC value explosion, while it seems that growth of ETH price is more gradual and linear. So basically a lower expected return on investment.

Also, after BTC surviving for more than 10 years and not even the Chinese government being able to stop it, I am quite confident it can not be stopped.
But can ETH somehow be stopped? Confiscated or devalued when exchanges are attacked

The investment I can afford right now is 1 BTC and 1 ETH.
I barely have fixed costs for the next 2 years so I can slowly stack up.
But I don't know if the same amount is better invested in let's say 0.5 BTC and 5 ETH. That will depend on growth potential and safety
Also if the government somehow finds a way to attack BTC, owning 5 ETH can compensate for the other investment that didn't work out.
I would like to diversify, but don't find many suited options to diversify in.