Should I Invest in Dogecoin? The Verdict for 2022

Now though, the price has dropped, and some are wondering if Dogecoin is just a joke after all. You might be asking yourself: Should I invest in Dogecoin, or have I already missed the boat?

What Is Dogecoin?

DOGE dates back to 2014, making it even older than Ethereum, which launched in 2015.

But unlike most cryptocurrencies, its team never had high hopes of it becoming the next big currency or changing the world.

Should I Invest in Dogecoin?

Since Dogecoin was only created as a joke and has swung about wildly in price, it’s probably not something at which you want to throw your inheritance.

But if you’re committed to this high-risk but admittedly irresistible coin, here are a few aspects to take into consideration.

To DOGE or Not To DOGE?

Whatever you ultimately decide, we can all agree that Dogecoin’s rise is nothing short of fascinating.

It’s probably best if you don’t bet your entire net worth on Dogecoin, though. For us at Financial Pilgrimage, we’ll be sitting this one out except for a few very small investments.

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