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[AudraMiller]

Who would have thought that the day would come when dogecoin, a currency that ha always maintained a low value for such a long time, will increase by over 70% in a single day. Dogecoin is currently trading at just over 0.01 dollars, which is a major price hike. Last year at this time, 1000 dogecoin was the equivalent of around 3 dollars, which is now worth around 10 dollars, a three times increase in value than what we saw last year, based on my personal experience.

Did you guys think this would happen? And have you managed to catch the market to profit from this?

 

[Kunkun]

Yeah true because of the uncertain daily fluctuation of the coin , and i have seen and noticed that many doge coin trades are for long term

Its not just dogecoin that flunctates daily, all coins do as per their volatility and as such are for the long term use so as to make profits

 

[Kimetsu18]

I'm sure the increase has a lot to do with Elon musk hype and all that. It still has a long way to go, to rival the xrp, bitcoin and the likes. Probably would someday

 

[Wisdom01]

Its not just dogecoin that flunctates daily, all coins do as per their volatility and as such are for the long term use so as to make profits

Yeah there are many coins you could invest on and make profit and if they don't flunctuate how would you earn more profit

 

[Kunkun]

Yeah there are many coins you could invest on and make profit and if they don't flunctuate how would you earn more profit

Exactly my point, if coins don't fluctuate, how would one earn a profit. I think it's volatility can be seen as an advantage and also a disadvantage

 

[Wisdom01]

Exactly my point, if coins don't fluctuate, how would one earn a profit. I think it's volatility can be seen as an advantage and also a disadvantage

But basically i think the advantage is more than the disadvantage because without flunctuation then its really impossible to earn profit i think