Bitcoin vs. Dogecoin: what is the value of investing in?

Of& nbspRushali Shome

You're stuck wondering who the winner is in Bitcoin Vs. Dogecoin and which currency is really worth investing now? So this is definitely the article for you.

The cryptography market has not offered the cryptic municipality high hopes for the future even two weeks after 2019 and many of you are perhaps trying to choose a reliable cryptocurrency option that you can spend some of your money and get well investment.

In the beginning, we must warn you that none of these coins are going too well now.

However, if you want to put aside a small part of your cryptographic wallet for a new investment in either of these, we'll tell you which offers more value for your money.

Dogecoin Price Prospects

In one of our previous articles, we gave you the reasons why you should invest in Dogecoin and all these reasons are absolutely valid in terms of the intrinsic value of the cryptocurrency that started a joke or a meme.

That said, you must also see how the price of Dogecoin has gone in the last few months. Well, at the time of printing, the price of Dogecoin is only $ 0.002130, recording a decrease of 0.9% according to data from Coinmarketcap.com.

If you think this price is too low, you should know that Dogecoin has always been thought of for small and light payments and therefore it was content to be extremely convenient. As a result, its price remained low.

In terms of low price, the advantage offered to investors is that they have to take a lower risk when they choose to buy some Dogecoin. Buying 10 Dogecoin would always cost you only a small part of what it would cost you to buy 10 Bitcoins.

In terms of absolute value, therefore, Dogecoin presents a lower risk compared to Bitcoin. However, it seems to stagnate from now on, having not risen too high since January last year.

This means that there is a small chance that you will be able to remedy even the small amount you spend.

You can also read: Should you invest in Dogecoin in 2019?

Bitcoin Price Prospects

If you read our article on Bitcoin price history, you would know that since December 2017 it has been a descent for Bitcoin prices. They continued to fall, with occasional exceptions that lead to hope in 2018.

In 2019, many experts and crypto-enthusiasts had hoped that Bitcoin would finally burst into a bullish run, freeing it from the cold cracks of the cryptic winter that has already lasted too long.

However, come 2019, the price trend of the Bitcoins has been a remake of its tragedy of 2018. From now on, the encrypted winter is not only very present, but is giving the long winters of Winterfell a race for their money.

In fact, in the last 24 hours, we have seen how Bitcoin ended another week on a sad note, closing at about $ 3500, some distance from the value of $ 4000.

What should you invest in: Bitcoin or Dogecoin?

Now that you know the price trends of the two, you can pick up a call based on your plans and goals in your crypto portfolio.

That said, it would be a good idea to divide your resources between Dogecoin and Bitcoin, so as not to sustain too many losses if the market collapses again downhill, but also not to lose a Bitcoin bull run, if it occurs at any time soon.

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Rushali Shome

Rushali Shome is a history student with a keen interest in word games, politics and beyond. When you do not type furiously in the "Notes" section of your phone, it can be found by trying to capture the servers' attention in restaurants or weddings for a second help.