I was reading this below , which said Dogecoin was a a “joke currency.”
https://cointelegraph.com/news/altcoin-zoo-top-5-tokens-with-animal-mascots
I thought to myself “ OMG, I own 4400 doge coins !!!!”
Is it a trap for newbie crypto currency investors ? Will I ever see a return on my money ?
Doge coin , Number 24 in coinmarketcap.com with $290M market cap. Surely , people who value a coin worth $290M don’t think it as a joke ? This coin has been in existence since 2013. A lot of alt coins have not been in existence that long
I know the website is a bit dodgy
http://dogecoin.com/
But it has active community in reddit
https://www.reddit.com/r/dogecoin/
And its well recommended
Dogecoin vs. Litecoin, and why Dogecoin is among the best cryptocurrency investments.
He recommended top 5 coins you can get on the cheap wih great growth potential
forward to 7:06 to see why Doge is no 1
Maybe, if Bitcoin is gold , Litecoin is silver, Ether is steel of the crypto currencies , Doge coin would bronze. Bronze coins are what we buy candy with, or what we give to charity or for tipping (I know we really should give more) . Maybe there will always be a space for a small value coin
With Russia accepting BITCOIN, maybe they’ll accept Dogecoin also. I might get some value with my Doge coin
http://www.coindesk.com/russia-eyes-legal-recognition-for-bitcoin-in-2018/