RE: Dogecoin in 2018 and the year of the dog in the chinese zodiac

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Dogecoin in 2018 and the year of the dog in the chinese zodiac

in cryptomarket •  7 years ago 

Not sure what to make of this post. Ironic, however, that I read an article this morning on MarketWatch about crypto-bloggers who would try to propel the story of their currency online in the hopes of driving up the price.

It has worked before. And I'm not sure that's what you're doing here. But suggesting that anyone should "invest all of their money" in any single investment -- be it crypto, equities or any other venue -- is inappropriate. No one should ever put every dollar of savings that they have (or worse, use money not appropriated for savings and instead dip into their operating budget) to buy a single investment. Far too risky.

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Everybody says that you should invest as much as you can afford to lose. That's a good strategy in my oppinion. I wouldn' invest everything in dogecoin either, but some yeah.