I have been hearing about a lot of fraudulent altcoins out there.
Personally have been eyeing Dogecoin for a while to purchase as an altcoin. However,
I believe I came across an article that called them fake. The thing is the article did not
go into any further details.
All I want to know is if Dogecoin is a legitimate investment into altcoins? Help me
Crypto-world, what do you think?
Dogecoin is the best. It's living proof of the resiliency of the blockchain.
It's like a living paradox: there are no developers meaning it is "dead" yet there is a small community that actually uses it.
Every once in a while, a newbie comes on here and asks if dogecoin is a good investment.
Mostly, I think they ask that because they see how cheap it is and hope to find the next big thing.
For coins like this, you shouldn't be asking if it is a good investment or not.
Not everything about crypto is money money money.
You should ask how to get connected to the community and how to use it.
Last nov/dec, doge saw a pretty crazy pump in price.
That was because there was about a straight month time period where noobs were buying "cheap" coins left and right.
So, are you a noob or an informed investor?