Is Dogecoin Just a Pump and Dump Currency??

Is Dogecoin Just a Pump and Dump Currency??

Is Dogecoin actually just a pump and dump currency? While some people do choose to dump their Dogecoin after pumps, that isn’t the only way that you can make money with Dogecoin. At one point, I was up over 1000% on my investment from the beginning of January. Dogecoin has a higher percent return in the last 5 years than Bitcoin. You can still make some decent money by buying and holding. In fact, typically you’re able to make more money this way. So while Dogecoin does see massive spikes up and down like most cryptocurrencies do, this doesn’t mean that the sole purpose of the coin is to pump and dump it. For me, I will continue holding my Dogecoin for the long-term as sort of a “buy it and forget about it” investment, as I am still bullish on the coin long-term, as we begin to see cryptocurrencies become more mainstream.

Are you buying, selling, or holding Dogecoin??

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