Is this a food time to buy Dogecoin?

[Fidelia]

Someone asked me if it is a good time to buy Dogecoin pending the inauguration of Donald Trump as the American president. He says he wants to invest $500 into Dogecoin. Do you think it is a good time to enter the Dogecoin market now?

 

[Cpvr]

Yes, it’s a good time to invest in it, but I’d recommend watching the coin to see when the price drops and then invest.

It’s not a good idea to buy it when the price is high as you won’t make that much as when its low.

 

[King Belieal]

I am believing that Dogecoin would keep increasing till within a month after Trump assumes office. It is a good time to buy Dogecoin.

 

[Nomad]

I do not think it is a good time to buy, if you wnat to buy, buy stable coins instead and wait for the other coins to go down

 

[magnus2022]

It seems to be the right time. But it is very important to look before you leap! Dogecoin is mostly owned by crypto whales and can pump and dump at slightest opportunity.

 

[Fidelia]

It is the best time from now till inauguration to buy Doge as its price would keep rising for the foreseeable future.

 

[Xtynehappy]

I think that the in the cryptocurrency trading anything can happen. One can decide to invest on dogecoin and see how it goes as it has a very high potential for breaking up to more than that.

 

[SilverLance]

Research the current performance of Dogecoin and the whole crypto market. Look for any recent news that could affect its price.

 

[Augusta]

Yes you can go ahead to buy it if you believe you can be patient enough but not expect any magic for its growth

 

[riberet19]

Yes, I think it's a good idea to invest in Dogecoin, but it depends on how the crypto market acts and how the Trump administration develops during these 4 years, you don't have to put all your eggs in Dogecoin

 

[SilverLance]

Diversifying your investments is a good move , although Dogecoin may have potential for growth.