Be Careful Investing in Dogecoin

hackernoon.com

1 pointstanrivers2 comments

All i have to say is..javascript was created as a meme language, and here we are. Doge has treated me well with millions of $, I'll continue to HODL. Just because it's not up to standards today doesn't mean once it becomes a stable coin it can't be improved. At this point it would be silly to not have money in the DOGE, the risk of losing a few dollars vs making a good amount of money. That sounds like an investment to me!

The fundamentals of this cryptocurrency says otherwise. If you were the early people who threw their stimulus checks on this meme currency then congratulations and well played to you.

If it were me, I would take some of those profits off the table right now and secure that bag. Immediately.

But 'investing' right now for a new comer? You may get some short term unrealised gains right now, but nothing like in January. Tread carefully for the dump.

> That sounds like an investment to me!

I guess the short sellers are readying up for a sea of red in the crypto markets soon.

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