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IS IT SAFE TO INVEST IN DOGECOIN??, DOES DOGECOIN TAKEOVER BITCOIN?, WHAT IS CRYPTO CURRENCY?

DOGECOIN


Hello Everyone!

From past few years we got to hear a lot about the crypto currency, although it was available from many years but through Bitcoin cryptocurrency get famous in India. Bitcoin value has increased multiple times in very short time.


So, from past couple of months Dogecoin is also getting popularity, but Dogecoin having it's own brand ambassador (just kidding). Elon Musk is promoting Dogecoin in these days like anything. He is using twitter as a medium to promote it, and his tweets are making people to get attracted and invest in Dogecoin.


In this blog I wanted to share my opinion with you guys in very short post. Let's start,

Only question people have in their mind is, is it safe to invest in cryptocurrency and if it is safe, then which currency is best to invest. And also people have many questions and confusion regarding Dogecoin.

We have many cryptocurrency in market today like Bitcoin, Dogecoin,  Ethereum, Binance Coin etc. But only few of them are quite popular and their value also increasing by many times.

Disclaimer: I am not a professional adviser or market expert or broker, what ever is explained in this blog is totally depends on my personal experience or personal research. If there is anything missed in the blog or mistakes in blog, please let me know in the comment session and help me in changing those parts.


Is cryptocurrency safe?

Cryptocurrency is definitely safe and also legal in India but no any government take responsibility for this. If got cheated or loose your money by investing in cryptocurrency, you can't report or file a case to court.


{No any government and court take responsibility for it. (I don't have full knowledge about this statement, but I heard these statements in many articles)}


Which Cryptocurrency Will Give More In Return?

This is totally subjective that, every coin have equal chances to give you better  returns. The value of any cryptocurrency changes every day and every hour. So, no one can predict it accurately.


Should You Invest In Dogecoin? 

If you can see Elon Musk is creating lots of hype and promoting it through his tweets and posts. I tell you In simple words, yes you can invest in Dogecoin but at your own risk. Now it's value is increasing every day but it may loose it's value overnight. If you can take risk of your money, it's totally your choice.


How To Invest?

If you decided to invest in cryptocurrency, you can find many platforms through which you can easily buy and sell any cryptocurrency any time in the mobile apps. You can easily find them on Google. But be safe and investigate about the application and search about it before you invest on that particular platform. Search reviews on google which are written by the actual users not from the influencers. If you need some more information or have questions about where I have invested, contact me through mail (artechreviewblogs@gmail.com).


My Opinion

In my opinion I don't completely believe and put my all money blindly in any cryptocurrency. I prefer to invest some amount which doesn't make any difference to me even it lose. And also I prefer to invest for long time rather than short time of period.

That's it for the blog, hope you guys find it informative and helpful. Do share with your friends and subscribe to my blogs.


Thank You!


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