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Almost Banned Once
Join Date: Feb 2009
Location: Adelaide South Australia
Posts: 38,897
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FWIW: I really don't understand the whole concept behind crypto currencies.
- How can something have value and yet it's not tangible?
And I always worry when a Billionaire tries to flog something. The question that always comes to mind is: Why are they doing this? Elon is making a big mistake by talking up the value of Dogecoin. At some point that will bite him in the arse hard.
IMO (and no one should take financial advice from me) It's only a matter of time before the bottom falls out of the crypto market. If you're heavily invested I'd get out NOW. If you can afford to gamble with what you have invested then there's no harm in staying in to see what happens.
And don't kid yourself. From this point forward this is nothing more than a gamble.
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- Peter
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