Is Dogecoin Worth Buying?

From jokes to “serious” investment — but should the world stop laughing at Dogecoin?

DOGE is everyone’s favourite lol crypto — but should you be paying more attention?

Photo by Executium on Unsplash

Even the developers of Dogecoin acknowledge that their coin has taken off in a totally unexpected way since its inception 2013. Calling DOGE’s success so far “absurd” — since the Wall Street Journal published those comments from Mr Markus and Jackson Palmer, the currency continues to be traded seriously across mainstream cryptocurrency platforms.

Now of course, you can no longer have a Dogecoin conversation with out Elon.

“Arguably the most entertaining outcome, the most ironic outcome, would be that Dogecoin becomes the currency of Earth of the future,” Elon is noted as saying in a Clubhouse chat.

Is Dogecoin a good investment? I thought Dogecoin was just a meme…

Spreading your bets and having a hedge is always safer than pushing your luck…the same would go for Dogecoin; although hilariously in most amateur investment systems, the Pareto principle seems to take hold quite quickly.

The Pareto Principle never fails: in many portfolios, 20% of the stack are the tentpoles holding up the…