People, where you hold your DOGE while you wait for better days?
I put mine as an investment in casino bankroll, but I am not satisfied with how it's going. I would like to find something more stable. if I'm already waiting for the bump why not to get some more coins if it's possible.
The only safe place is where you hold the keys, so a personal wallet... exchanges can be hacked, they can lose your coins, or worst, run away and leave you with nothing.
cheers
I know that I am not completely noob. I am not asking about a safe place where to hold Doge, you should need to read better before writing answer here.
People, where you hold your DOGE while you wait for better days?
I put mine as an investment in casino bankroll, but I am not satisfied with how it's going. I would like to find something more stable. if I'm already waiting for the bump why not to get some more coins if it's possible.
I did not have knowledge on casino bankroll so do you need to wager to get rewards from casino? If the casino does not require wager times, it is good enough to keep Dogecoin on trusted casinos. If casino requires a minimum of wager time, it will be risky and I can lost all my Dogecoin. I will keep my Dogecoin on exchanges as Binance, set the take profit order and forget it.
Usually, you don't need to wager if you invest in casino bankroll. But there is also some risk because if someone makes a big win on the casino, you can lose your investment or part of them. I certainly had some Doge in my wallet, so I was thinking why not to invest and get something more from there, in the end, all casinos are always in profit.
But in reality, things do not seem that easy.
For example, my investment in Yolo dice for a moment it worked very well. I got 20%+ profit on my initial investment, but a few big wins happened and ruin my profit from 20+ to 3% in just two days. Also, it easy can go to be negative.
if it comes to a more stable casino, the percentage of profit is somewhat lower, but also with less chance of loss.