Those with good credit score should take out biggest loan possible and throw it into doge. Double money, Pay off your loan in a couple days and everything after is profit

:amen:

Yeah nothing could possibly go wrong.

"In Bitcoin We Trust"

It mightbe good advice to buy Doge. In fact, I plan on throwing more into Doge from my mining profits off Eth when I make my next transfer.

But... no investment is worth taking a big loan to make. There's no such thing as a sure thing.

This mentality is what keeps people working 9-5 until they’re 65

Because they do not take risks in general or because they lost their money taking dumb risks?

10KUSD, enough to cover 1 year living expense or all insurance deductibles simultaneously.

This post was edited by RedFromWinter on Apr 19 2021 03:08pm

It also keeps people out of bankruptcy chasing stupid ideas.

For every person who made a fortune doing something like this there's a thousand that kept working until they died because they lost their savings.

Not saying take no risks. I'm long on PLTR and Blackberry, despite being meme stocks I think PLTR has massive upside and I'm banking on BB making a big turnaround in the next 5 years.

Just saying manage your risks. Don't go headlong into something that could go tits up at any second. I actually think its more likely than not Doge goes to a dollar by year's end, but that doesn't mean you should throw your life into it because it wouldn't be weird to see it back at a penny either.

This post was edited by Thor123422 on Apr 19 2021 03:11pm

quite the opposite tbh. this is just a hype train that could crash significantly and leave you fucked into that 9-5 job until your 65.

if there was specific value based backed by specific cash flows/business, then yes, right now dogecoin is pure speculative play lol.

as thor said, for everyone few people who made $$$$, there are probably a lot more that didnt. somebody has to end up holding the bag. at the end of the day, the majority of these scenarios end up being ponzie schemes as the early movers get the most benefit while everyone else has a greater chance of getting fucked.