Yes, we know that initially Dogecoin was made just for fun and there was no purpose for this Dogecoin, and of course this is dangerous for those who only follow the trend of a coin and they are too fomo with the promise of New ATH 1$, the result is that many of them can't get out. from the top price
Thats because everyone got lured by the hype. Thats thr problem when you are too excited about something and you believe it would go straight in favor of mass community. Everyone has been fooled in a indirect way. Of course crypto has always set back and as far as I can tell it could also be a dangerous ground for investors. Those whou bought the top is either expecting now or probably sell at a loss. This is a meme coin but it doesnt mean Elon musk dont have any plan to make it a good platform. 
Topic: Why Dogecoin Is Crypto's Most Dangerous Joke - page 5. (Read 597 times)
We know that a lot of the dogecoin supply is controlled by a few whales. Investors should be aware of the risks. I don't really see it as dangerous. A few people might get greedy and lose a lot of money if whales decided to dump but this is no different than gambling. If you want to make money it is your own responsibility to asses the risk. There is no protection in case your bet doesn't pay off but at least you had all the information you needed to make an educated decision.
Elon Musk pumps this meme coin anytime he wants to skim some money from suckers to fund his 6 kids. 
We know that a lot of the dogecoin supply is controlled by a few whales. Investors should be aware of the risks. I don't really see it as dangerous. A few people might get greedy and lose a lot of money if whales decided to dump but this is no different than gambling. If you want to make money it is your own responsibility to asses the risk. There is no protection in case your bet doesn't pay off but at least you had all the information you needed to make an educated decision.
Yes, we know that initially Dogecoin was made just for fun and there was no purpose for this Dogecoin, and of course this is dangerous for those who only follow the trend of a coin and they are too fomo with the promise of New ATH 1$, the result is that many of them can't get out. from the top price
i dont know but i would say it could be
since dogecoin invented as meme coin and its become popular since famous people like elon musk tweet about doge
and the clone keep pop it up everyday on other chain like bsc and matic hodling it kinda dangerous and yes the older hodler like from 2014 will get advantage from it
since dogecoin invented as meme coin and its become popular since famous people like elon musk tweet about doge
and the clone keep pop it up everyday on other chain like bsc and matic hodling it kinda dangerous and yes the older hodler like from 2014 will get advantage from it
This article is very long.
https://www.fool.com/investing/2021/08/24/why-dogecoin-is-cryptos-most-dangerous-joke/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo
Do you agree with what it says?
https://www.fool.com/investing/2021/08/24/why-dogecoin-is-cryptos-most-dangerous-joke/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo
Do you agree with what it says?
Jump to: