So what's the next cryptocurrency people are ready to buy? I'm new to this, but I am looking at DODGE or VET. Anyone know if it's a decent investment or is it too much of a risk (but isn't everything a risk...lol).
Anyway looking for some cryptocurrency to research and invest. If anyone has any they recommend or eying out feel free to comment so I can research them as well...lol.
Obviously any advice are opinions and not financial experts, that whole thing...lol.
Dodgecoin isn't truly an investment. It's a meme coin that has unlimited number of coins that can be produced (no market cap) BTC, ETH, LTC all have caps.
I would research web 3.0, it was created a couple years back (maybe a decade now idk) but they are making progress and it is blockchain based. There are 3 main blockchains and ETH is one of them. I'm putting my money where my mouth is and currently I have ETH and LTC. I day trade BTC from time to time, but I personally don't think it's a good investment unless you're looking to hold it for a long term and you have quite a bit of money to play with. The other coins have had better returns (in %) for the amount of time I've held them.
It's very risky, don't put in more than you can afford to lose if it all goes to hell. It's not physical, and if all of a sudden the internet disappears or electricity becomes non existent, so does the net value of these coins.
Yes, I also have ETH, ADA, and it was more of a small risk long term with VET. Like you said, money I'm playing with...lol. Thanks i'll do some more research too.
^^^add ETH's privacy competitor DERO to that mix, and a privacy oracle called XEQ, which competes against that RAT :naughty::down: we all know as Chainlink.
eye firmly believe, pure privacy is the way forward, and especially once and after the shit hits the fan even HARDER than before, as sadly this is what tendz to wake up the mainstream, who are ALWAYS behind the curve.
BTC iz top dawg still, even if it is a transparent, traceable coin, so id be a buyer of it if it really dips again, and id stay away from alts period. until their bottom is confirmed, and btc is confirmed bullish again.