Carbon_Rod
Gawd
- Joined
- Apr 2, 2012
- Messages
- 1,022
What are you expecting to take off? I'm hoping Doge has some recovery soon, would like to get some cash.
It will most likely recover a few points if BTC dips a bit further this weekend. Its value just has not risen in relation to BTC over the past few days. Hypothetically speaking, if BTC were to crash to $600 tomorrow, then the value of DOGE would *probably* rise back up to .0000006 or something. If BTC continues to climb to $850, then DOGE would rightfully be about .00000027 or less.
But, just think of it this way. If you cash out today, you will get fewer BTC now, but they will just be worth more per BTC.
But mkrohn is right. It's not a long term investment, if you're not cashing out what you make each day at least into one of the incumbent "mainstream" coins like BTC or LTC, then don't say you weren't warned.