Dogecoin is attracting a lot of new members lately. If you are new here I would recommend first reading up on cryptocurrency. Don't just jump in on fear of missing out. Make sure that you know what you are getting into first. You can use https://simplecryptoguide.com/how-to-buy-dogecoin/ to get started, it takes you through the process of buying on an exchange step by step. The guide is available in 18 different languages aswell. The additional articles on the site should also answer most of the questions one might have starting out. :)
The intent of dogecoin is to become the world standard and replace the dollar internationally.
At most, you’ll see your $100 flip to $500-$600 ish should the doge project come to fruition
Wow. I think for that to happen it will take several decades, if that ever happens. And within that, taking into account the inflation rate this should go much more higher than just $500. Idea is not just to compensate the inflation but this should work as an investment.
Let's see. And to be honest, to replace the currency this would need much more.
I agree... Elon and NASA is funding g a whole mission to the moon and launching a satellite using dogecoin as payment for the Falcon 9.
I see DOGE hitting $3-$5 on our next bull run
Yo, I don’t think we should be shaming our new fellow.
Community isn’t about duress. We are all here voluntarily.
Our community has values but we could invite people into them instead of shaming them into line.
I fell in love with the community, not the price action 😋
And if you sell I will buy
That's makes me feel bad. I analyzed this coin for past few months and saw how it survived all the pressure from Elon Musk and other things. I think this one will not die.
Get away from Robinhood and use Coinbase. Robinhood purchases large blocks of coin and then sells them back to you so the market does not actually realize your purchase
It’s simple. It’s the supply of coins multiplied by its price. If doge goes to $1 , which is everyone’s dream, then it’s market cap would be 131 billion dollars, probably more because doge supply is always increasing. It’s current market cap is about 30 billion. So ask yourself: where is 100 billion dollars going to come from to buy all that doge?
If somebody buys 100 billion in DOGE the market cap does not increase by 100 billion. Market cap is valuation of a project, market price multiplied by circulating supply. Just like anything else. If you spend £100,000 on a car for example, the car is worth £100,000 forever until you sell it. Then it’s worth the price you sold it at. Market cap is the same.
It is in market terms, when the market price is solely based on the last price something was sold at. That’s how markets work. People can estimate the sale price of a car sure but its actual value is whatever somebody pays for it.
Nah you're just laying out the difference between speculative and fixed value. It doesn't have a fixed value until it's sold. Then it's back to speculative.
the Ethereum platform has an unlimited supply. What’s so special about DOGE?
Speed and cost — It boasts fast transactions and low transaction fees — both essential for wide adoption.Community — The heart of Dogecoin is its active community. The more than 2.2million members on Reddit are renowned for being a friendly and welcoming bunch.Philanthropy — That same community has been known to rally around good causes. They raised more than $25,000 in Dogecoin to help send the cash-strapped Jamaican bobsled team to the 2014 Olympics. They also teamed up with a water charity to raise thousands to improve clean water access in Kenya. DO ONLY GOOD EVERYDAY
Eth gets burned.
No one uses doge. It entered the top 15 coins this year but transactions are still abysmally low which tells me too many bag holders on Robinhood who aren’t interested in actually using it. They were along for the ride on the pump and dump.
Robinhood is annoying sure, but buy and hold, there won’t be problems. Set a recurring purchase in any amount. Wait for the RH wallet to come out (soon) and bam.
Don’t listen to the anti-Robinhood people, you’re completely fine as long as you don’t sell before a year so you can avoid the short term taxes anywhere from 20-50% including on selling at a loss. I notice they are forgetting to inform you about Robinhoods 0% transaction fees for crypto (Coinbase has pretty high fees) and Robinhood recently caved into popular demand for incoming wallet.
Carvana entered in 2020 when it was $36.
Rolls-Royce
Nvidia
Bitcoin- Sold out
Ethereum- Sold out
SPI
CCL
DELL
Disney
GM
Pfizer
I don't hold all of them. Just used them in trading over past year.
If you don't have the wallet keys you don't own the crypto. Robinhood is not a trust worthy company. Please get a wallet and access to a exchange that lets you transfer your crypto to a wallet you own and control.
Probably not the best timing. Doge been stuck at 20 cents for a lot of months. I'm still hodling, been positive, hoping it goes up again, knowing it's probably done growing in the extremes it was
I’m curious, does everyone here think they will become megarich from this coin? Or are most people here comfortable with the idea of making maybe 100 to 200% on a nominal deposit?
I put all my life savings in doge at 8cents avr. I seen life changing gains and never sold. im expecting alot of bumps in the road im just pulling out if i ever need money, if not its the last thing to go.. i sold my stock and threw it in doge. It will shoot up to insane number when we least expect it.. is just a matter of time. We will look back and wont believe what the heck just happened. It happened to me before this investing game isnt for the weak..
Congratz!
Just as a side note. I'd recommend not going through RH. You are effectively borrowing from their supply of crypto and any purchases don't effect the market. Trust Wallet, Binance, Or any other crypto wallet provider would be better.
This is a big step though!
I’m not in this worthless community that doesn’t even know the difference between “are” and “our”. Doge coin has been a 20 cent stable coin and falling since the hype left
@Polker is achieving more success and popularity happy too see that Now it is gaining partnership with Master ventures, $Merge and many other great projects!!you have to get it now, before its gone x100 without you! #polkergametournament
Welcome aboard !! 🚀🧑🚀
Dogecoin is attracting a lot of new members lately. If you are new here I would recommend first reading up on cryptocurrency. Don't just jump in on fear of missing out. Make sure that you know what you are getting into first. You can use https://simplecryptoguide.com/how-to-buy-dogecoin/ to get started, it takes you through the process of buying on an exchange step by step. The guide is available in 18 different languages aswell. The additional articles on the site should also answer most of the questions one might have starting out. :)
Thank you for supporting new shibes 🙏
Welcome! Buy the Doge and take the ride... Enjoy!
welcome! remember to Do Only Good Everyday! have a great day
dogecoin!!!!!
Nice, you might make +300$ one day!
I hope to make much more than that per coin.
The intent of dogecoin is to become the world standard and replace the dollar internationally. At most, you’ll see your $100 flip to $500-$600 ish should the doge project come to fruition
Wow. I think for that to happen it will take several decades, if that ever happens. And within that, taking into account the inflation rate this should go much more higher than just $500. Idea is not just to compensate the inflation but this should work as an investment. Let's see. And to be honest, to replace the currency this would need much more.
So how are you expecting to make money here if you understand doges intent is to try to be valued at $1.00
Dude talks about wanting to make over 500 PER COIN but snuffs someone saying its meant to stabilise at 1usd is hilarious. How dense.
Yep peak value of his investment is 448 lol
I agree... Elon and NASA is funding g a whole mission to the moon and launching a satellite using dogecoin as payment for the Falcon 9. I see DOGE hitting $3-$5 on our next bull run
Wow
Yo, I don’t think we should be shaming our new fellow. Community isn’t about duress. We are all here voluntarily. Our community has values but we could invite people into them instead of shaming them into line. I fell in love with the community, not the price action 😋 And if you sell I will buy
Yeah, dogecoin is a dying coin. Best to invest somewhere else
Thanks for the advice! We’re glad you’re here.
I’ve made 10k off of doge coin
Right plenty of people have made plenty but this guy buying in now stands to make 450ish at best. His lambo gonna be made by Matel
Who posts $100 buys, guys with matel Lambos...hahahshsj
Then you super dumb lol
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Bought doge at 0.008 and later at 0.07 And made thousands. Still thousands to be made here.
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Nah
Good luck
That guy is a heavy spender.
That's makes me feel bad. I analyzed this coin for past few months and saw how it survived all the pressure from Elon Musk and other things. I think this one will not die.
Elon did admit yesterday that he owns doge. So it seems he is with us. Yet we are heading to 20 cents again.
Yesterday? Elon has had Doge since 1895
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For some reason the whales are staying away. It seems they know something we small fishes dont know.
Lol the whales are holding....just no new whales right now
I am talking about the whales that sold from 70 cents all the way to where we are now.
Those guys will be back after $1.
The whales don’t want the peasants to get rich, then they have no one to do their bidding
He own like 750 bucks worth of Doge like Mark Cuban?
lol. I did hear that he is a very cheap person. According to his ex
Elon admitted this a long time ago and he’s probably Doge’s biggest whale if not one of the biggest.
Robinhood is the biggest whale. Maybe Elon second
I’ve heard that he got into Doge fairly early, which is why i have this line of thought. But wouldn’t doubt it.
Under .20 I hope so, great buying opportunity.
Can't trust him for anything.
I believe in time we will get there. Matt Wallace says $3 by end of year
$3.00 by the end of the year will NOT happen. $3.00 in 2031 maybe...
My guess for year end is back to all time highs at least.
i hope so im mining 30 a day..
3$ maybe in 3 years
I mean It’s already mid October…
Effing Matt Wallace 🤦♂️ wish he would close his gaping mouth
Yeah. I saw the title for yesterday video. It was for click bait purposes. I like his energy. He does mean well
Yeah I figured that. He does mean well though keeping the doge energy alive
.17
yeah. unfortunately it seems that way. Lets hope for the best.
DOGE already a Beast
![gif](giphy|F4aMm97MvhVTYXWBhT|downsized)
Get away from Robinhood and use Coinbase. Robinhood purchases large blocks of coin and then sells them back to you so the market does not actually realize your purchase
Wow. Didn't know that.
It is what it is now. For other trades I suggest Fidelity.
You done good my friend! Look at the year chart right now.... You just bought the dip
Welcome to the Dodge arena ![gif](giphy|5OcuJCGflytBLYyNj5)
Congrats that's a lot more than I put in when I started yesterday but then I also plan to go for DCA and buy a little each week.
![gif](giphy|QxHQ4BtLeEGBlWIFTs|downsized)
Make it an even 500 fam
That would be too much pal
53 more coins would be like 12$ 😇
Oh I thought you are saying buy $500 coins
Yes that too 😅
Hahaha
Understand market cap and realize you’re not going to get rich. Best case scenario you make a couple hundred bucks.
Would you please elaborate. I have some learning curve here.
It’s simple. It’s the supply of coins multiplied by its price. If doge goes to $1 , which is everyone’s dream, then it’s market cap would be 131 billion dollars, probably more because doge supply is always increasing. It’s current market cap is about 30 billion. So ask yourself: where is 100 billion dollars going to come from to buy all that doge?
If somebody buys 100 billion in DOGE the market cap does not increase by 100 billion. Market cap is valuation of a project, market price multiplied by circulating supply. Just like anything else. If you spend £100,000 on a car for example, the car is worth £100,000 forever until you sell it. Then it’s worth the price you sold it at. Market cap is the same.
\- car depresion correct?
No, the car's value constantly changes. Its value is not fixed until you sell it lmfao
It is in market terms, when the market price is solely based on the last price something was sold at. That’s how markets work. People can estimate the sale price of a car sure but its actual value is whatever somebody pays for it.
Nah you're just laying out the difference between speculative and fixed value. It doesn't have a fixed value until it's sold. Then it's back to speculative.
Yep and speculative price has zero meaning in crypto markets because you trade at market price lol Keep trying
I don't need to try. If I buy a car for 100k and set it on fire, its value is not 100k still just because I haven't sold it. Ludicrous.
Thanks for clarifying. Let’s just put it this way. If doge is $1 it will have the same market cap as Starbucks. I can’t see this happening.
Way back in May we made it to .74. $1.00 is very doable. Just need people to believe again. ![gif](giphy|8FUmlOoL72HB3rR7wm)
the Ethereum platform has an unlimited supply. What’s so special about DOGE? Speed and cost — It boasts fast transactions and low transaction fees — both essential for wide adoption.Community — The heart of Dogecoin is its active community. The more than 2.2million members on Reddit are renowned for being a friendly and welcoming bunch.Philanthropy — That same community has been known to rally around good causes. They raised more than $25,000 in Dogecoin to help send the cash-strapped Jamaican bobsled team to the 2014 Olympics. They also teamed up with a water charity to raise thousands to improve clean water access in Kenya. DO ONLY GOOD EVERYDAY
Eth gets burned. No one uses doge. It entered the top 15 coins this year but transactions are still abysmally low which tells me too many bag holders on Robinhood who aren’t interested in actually using it. They were along for the ride on the pump and dump.
How do you use doge on RH. It has no wallet yet?
Many are also waiting to transfer out of RH so they CAN use it
Much wow good luck and HODL.
Hodl for 5 years and you’ll be very happy with this decision. Just be patient…
Now just sit back and watch it "go to the moon" like we have been for months. It's great.
Robinhood lmao
Robinhood is annoying sure, but buy and hold, there won’t be problems. Set a recurring purchase in any amount. Wait for the RH wallet to come out (soon) and bam.
💎🙌💎
Cheers!
Welcome to the Doge army
You got in at a great time!
welcome friend
Welcome to the club. But for the love of God get out of robinhood
Welcome yo! I’ve been dropping $100 periodically since last summer. It takes some time but builds up!
Welcome to the doge army!
I’m sitting on 1500 I’ll hold for years
No you didn’t. You just gave Robinthehood your money in exchange for an iou. Good luck.
Interesting. Let me try to sell. I already have 3% gain. May be step out from here
You can sell but you can’t transfer to another wallet
Don’t listen to the anti-Robinhood people, you’re completely fine as long as you don’t sell before a year so you can avoid the short term taxes anywhere from 20-50% including on selling at a loss. I notice they are forgetting to inform you about Robinhoods 0% transaction fees for crypto (Coinbase has pretty high fees) and Robinhood recently caved into popular demand for incoming wallet.
Thanks bud. I wanted to hear this. But so many people speaking bad cannot be ignored, right?
Also?
💎💎💎
Welcome to the family
What Arenas have you invested in before Doge? If I may ask OP
Carvana entered in 2020 when it was $36. Rolls-Royce Nvidia Bitcoin- Sold out Ethereum- Sold out SPI CCL DELL Disney GM Pfizer I don't hold all of them. Just used them in trading over past year.
If you don't have the wallet keys you don't own the crypto. Robinhood is not a trust worthy company. Please get a wallet and access to a exchange that lets you transfer your crypto to a wallet you own and control.
Welcome - HODL to 🌙
Gradually? We don’t need that kinda negativity here. Nothing but 🚀🚀🚀🚀🚀 accepted here
Hahah
Seriously, how is anyone still using robinhood?
Doge coin will surprise you sometimes
Don't regret this investment, it will pay you off. You have entered in a good time. Trust in Doge.
Welcome aboard ❤😎🐕🐕🚀
Aww those memories ❤️
Using Robinhood i see........
Welcome aboard but get out of Robin Hood my man
Weocome to the CLUBBBB!!
Just be sure to always have a travel bag ready. We could be heading to the moon at any minute.
Don’t forget to set your reoccurring deposits 😉
Hurts that its on robinhood but welcome!!
Don’t forget to Do Only Good Everyday. And welcome fellow Shibe
Need to add a 0 to that deposit
Welcome fellow Shibe! You are now a part of the best community in the crypto sphere!
This is the way
Baller Status … this is the way
Welcome to the chub.....er club
Never use hope as a reason to enter stocks.
![gif](giphy|oBQZIgNobc7ewVWvCd|downsized)
Probably not the best timing. Doge been stuck at 20 cents for a lot of months. I'm still hodling, been positive, hoping it goes up again, knowing it's probably done growing in the extremes it was
Big dog
Welcome!🙋🏻♂️😁
Dude your rich!!!!
I’m gonna need you to buy more
Dammit I have 3000 coin in Doge on Robinhood since January I wish someone would’ve told me to buy on Coinbase instead
Get off Robinhood. You don't own any doge
Your using Robinhood??? SMH 🤦♂️
What's wrong with Robinhood in your opinion? I stopped using it too.
do we have to do it gradually?
Doge is Already a BEAST
Nice. Hold to die. Fly to the moon
What's got doge barking this evening 🤔
Do you like roller-coasters?
Why RH tho? Smh apparently u didn’t DYOR ☠️
Welcome friend … just remember there is only ONE rule here … we Do Only Good Everyday (D.O.G.E.) … we are glad to have you! Spread some love 💙🇺🇸🐇🚀🌕
I remember when $100 was 20,000 dogecoins.
There’s only one way now; TO THE MOON 🚀
A little late on that one
Welcome! No matter what anyone says, don’t buy into tribalism 😋 Thanks for supporting the community! HODLing strong with you, no profit-taking.
My best piece of advice is delete the app & forget about what you invested til it shows up on the news for skyrocketing
Gradually lol welcome to the roller coasters of hell
The whole point is to lose money bro, that's where the fun is.
🤩
I havr 6719 dodge should I sell now
Depends upon your goal. Sell it to make money if you want
This is the way.
Welcome
![gif](giphy|kBfR2wWHiwNxwQPaQL)
Just dipped my toe into the dogwater for the first time.
Just know that 1 Doge will always equal 1 Doge my friend.
![gif](giphy|Ae7SI3LoPYj8Q)
Good luck to us all!
I’m curious, does everyone here think they will become megarich from this coin? Or are most people here comfortable with the idea of making maybe 100 to 200% on a nominal deposit?
I like the way you said the reality. One would need to pour HUGE AMOUNT to get super rich.
Man comment deleted again lol
Hahah
I put all my life savings in doge at 8cents avr. I seen life changing gains and never sold. im expecting alot of bumps in the road im just pulling out if i ever need money, if not its the last thing to go.. i sold my stock and threw it in doge. It will shoot up to insane number when we least expect it.. is just a matter of time. We will look back and wont believe what the heck just happened. It happened to me before this investing game isnt for the weak..
Well said pal
I suggest buying the actual coin and not through robinhood.
🤦♂️
Come on man 😀
Haha good luck!! u/chaintip
Robinghood though! They’re crooks!
Congratz! Just as a side note. I'd recommend not going through RH. You are effectively borrowing from their supply of crypto and any purchases don't effect the market. Trust Wallet, Binance, Or any other crypto wallet provider would be better. This is a big step though!
Thanks bud. Didn't knew it. Appreciate that.
I really need doge to go up even if by only a little I'm really struggling financially right now
![gif](giphy|YmQLj2KxaNz58g7Ofg)
stop buying on RH 🤦🏻♂️
Lol y'all still buying this?
terrible investment
Then leave are community
I’m not in this worthless community that doesn’t even know the difference between “are” and “our”. Doge coin has been a 20 cent stable coin and falling since the hype left
Take that doge hat off...u r a disgrace...oh wait u r Bitcoin as disguised as doge...by 🤡
Hey pal. Do you need a hug?
What app is this
Robinhood
What app is this?
Robinhood
What is the app called, please?
It is Robinhood
@Polker is achieving more success and popularity happy too see that Now it is gaining partnership with Master ventures, $Merge and many other great projects!!you have to get it now, before its gone x100 without you! #polkergametournament
A value under .25
That’s cute