A neophyte YouTube Blogger with a minimal subscriber base had his channel temporarily suspended for speaking mis information in regards to Dogecoin. However, after his recent edit of the video, he is now back online. He refers to Dogecoin like a game you play in a casino, where you take chances to make big gains.
The problem with his theory , he only speaks about one digital asset and leaves out the rest. Bitcoin , XRP, Ethereum and other alt coins can ALL be considered 'like gambling' if you believe his facts. However we all know these accusations to not be true.
The only people who are loosing is the people who are not investing in crypto currency. Dogecoin has an outstanding community and support from a plethora of people internationally. Moreso, there is mass adoption of the coin and thousands of businesses are accepting the coin as a form of payment. If we are to believe the words that come out of a YouTube Blogger who recently started speaking about crypto is a financial advisor, then I'm sorry for those who believe this and are left behind.
As of 05/7/21 the Crypto market is 2.35 Trillion market cap. Bitcoin has had a $200 billion drop on so many occasions, does that mean its like gambling? What about XRP that went from .70 down to .24 after a SEC lawsuit was initiated, does that mean it's like gambling?
We can go on and spew facts about so many coins that spike and drop. However that would be counterintuitive also the facts speak for it self. These coins including Dogecoin have millions of people utilizing the blockchains, These coins are not going anywhere, they are here to stay! Adoption is happening, Governments and Institutions are on board. Don't hate, educate yourself and make your own decisions.
All you have to do is Hold, when you hold and don't panic sell then you will not loose your investment.
Why you ask??
No matter what daily event takes place, the floor of the coin will rise and eventually you can cash out on your desired earnings. It's a win win for everyone, not to mention the mass adoption of all coins globally! The sector is young and thriving! Don't fall for fear, or from people who are looking to find ways to increase subscriber counts.
Do your research and enjoy the opportunities that come with holding Dogecoin and other coins. Utilize the blockchain and have some fun in your purchases. I'm personally looking forward to when Amazon,Tesla, Hyundai and more start to accept the Dogecoin as a form of payment!! ❤
To the moon Shibes and don't forget to Subrscribe to r/CryptoDoggy and r/dogecoin
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