Warning to Investors from Dogecoin Founder

Billy Markus, known as the creator of Dogecoin, gave some advice to investors. Mentioning that it is necessary to think long-term, Markus said that prices should not be looked at, and empty praise is not sustainable.
 Warning to Investors from Dogecoin Founder
READING NOW Warning to Investors from Dogecoin Founder

Dogecoin was undoubtedly one of the most talked about cryptocurrencies in 2021. Because this cryptocurrency has made unprecedented rises thanks to the statements made by billionaire businessman Elon Musk. Now, there have been remarkable statements about this altcoin. The name that made statements about Dogecoin was Billy Markus, the founder of the cryptocurrency.

The statements made by Billy Markus are actually the kind that should be an earring for all crypto money investors. Because the founder of Dogecoin says that empty praise should not be given much importance. Stating that the currencies to be developed should serve a purpose, Markus said that prices should be in the background.

“Always think long term”

Billy Markus bought a second-hand Honda Civic in 2015 by selling all his Dogecoins. Expressing his regret at every opportunity, Markus gave long-term advice to investors. Considering that Dogecoin was traded at $ 0.0001 in 2015, we can understand how big of a loss Markus was and how important this advice actually was. At the time of writing this article, 1 Dogecoin is trading at $0.14. The difference is 1400 times…

Billy Markus’ statement on the subject is as follows: Yes, the Dogecoin community, let’s talk about the facts. Now you’ve seen that hollow praise for every cryptocurrency is unsustainable. Regardless of such praise and price, we should now focus on developing projects that have a purpose. Also, don’t forget to make popular memes and have fun. Always think long term. Good memes always exist.

Here is the price chart of Dogecoin from the day it was launched to the present:

This content cannot be considered as investment advice.

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