Elon Musk stated that he does not recommend that investors buy cryptocurrencies or Dogecoin (DOGE) with all their capital.
In these turbulent days of the crypto money market, an interesting warning came from Elon Musk. The billionaire spoke about cryptocurrencies and Dogecoin in a program he attended.
Elon Musk announced that Dogecoin is his favorite cryptocurrency. Also, Musk did not recommend that investors put all their capital into Dogecoin.
Elon Musk Touches on Dogecoin and Cryptocurrencies
Billionaire name Elon Musk spoke at The Wall Street Journal’s CEO Council Summit in London. Participating in the event over the internet, Musk warned about Dogecoin (DOGE) and cryptocurrencies.
Musk said he does not advise anyone to put all their capital into cryptocurrencies and Dogecoin. Also, Musk stated that he loves Dogecoin and has the best humor.
Musk’s relationship with Dogecoin has been going on for many years. In 2021, when the adoption of the cryptocurrency market exploded, Musk’s DOGE rhetoric was on the agenda.
Earlier, a group of DOGE investors filed a lawsuit alleging that Elon Musk manipulated Dogecoin. It was noteworthy that Musk, who is in lawsuit with investors, said that he did not give investment advice.
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