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<a href="https://musing.io/q/rachman-jr25/are-cheap-profitable-investments-suitable-for-choosing-dogecoin"><b>View this question on Musing.io</b></a>
author | rachman-jr25 |
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permlink | p3sgnny2w |
category | musing-threads |
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created | 2019-05-31 20:35:06 |
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<a href="https://musing.io/q/rachman-jr25/are-cheap-profitable-investments-suitable-for-choosing-dogecoin">View this answer on Musing.io</a>
author | rok-sivante |
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permlink | pkbj8zanq |
category | musing-threads |
json_metadata | "{"app":"musing/1.1","appTags":["dogecoin","blockchain","cryptocurrency","musing"],"appCategory":"dogecoin","appTitle":"Are Cheap Profitable Investments Suitable For Choosing Dogecoin?","appBody":"<p>That question doesn't really make proper sense in English.</p>","appDepth":2,"appParentPermlink":"p3sgnny2w","appParentAuthor":"rachman-jr25","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
created | 2019-05-31 23:45:18 |
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<a href="https://musing.io/q/rachman-jr25/are-cheap-profitable-investments-suitable-for-choosing-dogecoin">View this answer on Musing.io</a>
author | victoria-bella |
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permlink | p3qgy3a2q |
category | musing-threads |
json_metadata | "{"app":"musing/1.1","appTags":["dogecoin","blockchain","cryptocurrency","musing"],"appCategory":"dogecoin","appTitle":"Are Cheap Profitable Investments Suitable For Choosing Dogecoin?","appBody":"<p>Dogecoin opened this month with big profits. While all recorded significant gains last week, Dogecoin was among the highest gainers after Elon Musk made some favorable comments about it. However, this momentum seems to be diminishing because Dogecoin (DOGE) has ignored that momentum. At the time of writing, this is down by 11%. With such a large dump, it's natural to wonder, is Dogecoin (DOGE) a good investment? Well, the answer is yes! Dogecoin has what it takes to record extraordinary profits in the future, and short-term price fluctuations.</p><p>It is important to understand that the Dogecoin dump (DOGE) is currently unavoidable. After a massive increase following Elon Musk's comments, investors are bound to take profits. That happens with all other assets. After the profit taking phase ends, the price will stabilize and start rising again. This is a short-term cycle in any asset. As such, this dump is only an opportunity to accumulate more. There are many fundamentals that support the increase in Dogecoin beyond this short-term price movement. One of the most important is its use in payment. Dogecoin (DOGE) is fast and cheap. This provides a real opportunity to compete with a centralized payment system such as PayPal.</p><p>In fact, there is a good chance that Dogecoin (DOGE) can even change credit cards. The reason why this can be achieved is because of the sensor rejection. Unlike a centralized payment system where transactions can be censored, you have total control over all payments you make with Dogecoin (DOGE). In addition, obstacles to speed and censorship, Dogecoin (DOGE) will rise in the payment room due to its stability. Apart from the latest price action, Dogecoin (DOGE) is one of the most stable cryptos on the market. This stability will drive adoption into the future. That is because of the lack of stability that is holding back cryptocurrency adoption to date.</p>","appDepth":2,"appParentPermlink":"p3sgnny2w","appParentAuthor":"rachman-jr25","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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