SHOULD YOU BUY DOGECOIN?


SHOULD YOU BUY DOGECOIN?
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Should you buy Dogecoin? Should you invest in Dogecoin when Elon Musk is hyping it? How do you make money in DogeCoin?
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BITCOIN ESSENTIALS:

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VERY IMPORTANT

Please do not buy a stock just because it is talked about in Youtube. This video is for informational purposes. This is to give you a reference point and data on how you are suppose to analyse stocks only. Never buy or sell just because of this video.

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#StockSmarts #DogeCoin #Doge
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Emblazoned on top: the word “DOGECOIN” in all caps. Below: “digital currency”. Palmer describes the situation using words like “crazy,” “surreal” and “nuts.” He remembers this moment as a “reality check.” Dogecoin was a tweet, then it was a cryptocurrency worth money in the real world. Six months later, he watched as a joke that he’d made in passing somehow manifested itself into something tangible. A Dogecar in full flight. It reminded Palmer how insane the world could be. This is the story of Dogecoin, the joke that became too real for its own good. Aaron’s 499 – Practice The Dogecar, in all its glory. Chris Graythen / Getty Images The next big thing Dogecoin is a cryptocurrency, a form of digital money that, much like bitcoin, enables peer-to-peer transactions across a decentralized network. One important difference: bitcoin is the original blockchain proof-of-concept. Bitcoin is ground-breaking. Bitcoin is (some believe) world-changing tech with the potential to transform how money works in the 21st century. Dogecoin is a digital coin with a picture of dog on it. “It is a puzzle to me why Dogecoin is so highly valued,” says Adrian Lee, a senior finance lecturer at the University of Technology in Sydney. BLOCKCHAIN DECODED Blockchain explained: It builds trust when you need it most What is bitcoin? Here’s everything you need to know Bitcoin: Big in investing, but still lousy for buying a sandwich YouTube star wants a cryptocurrency payday for you every day Dogecoin is currently worth $80 billion. It’s difficult to make sense of that. “Dogecoin is an easily replicable coin,” Lee said. “I don’t know how it distinguishes itself from Bitcoin. I really think it has to do with being established early. “And also the dog.” If you’ve spent any time on the internet during the last decade, you’ve probably heard of the Doge meme. The iconic Shibe, his inner monologue expressed in comic sans with broken modifiers: “so scare,” “much noble,” “wow.”

At the peak of the meme’s popularity near the tail end of 2013, Palmer, an Australian marketer for one of the world’s largest tech companies, made a joke combining two of the internet’s most talked-about topics: cryptocurrency and Doge. It was a joke taking aim at the bizarre world of crypto and bitcoin’s multiple derivatives.

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