Review on Dogecoin by Classic Diamond
The right coin for every trader to invest
Investing in crypto currencies is one of the best investment anybody can think of in a world that is driven with many blockchain technological innovations but the problems is knowing the right coin to invest on.
Dogecoin is no longer a new name in the crypto sphere with the attention it has gotten from many crypto enthusiasts like Elon usk, Doge being an unstable coin started as a joke but has eventually became something worth investing on.
I recently purchased Dogecoin worth $120 some months ago when the coins price was $0.06 with an aim to start a short term trade, some weeks back the coin experience a rapid increase in its price and I was very happy I made the right choice by investing in the coin .
I'm quite impressed on how far Doge has gone and I'm anticipating to see merchants accept Doge coins as a means of payment. I strongly believe that Doge will soon record a gross increase in its price.
Pros
- The coins has a great potential of being a good short term investment to traders
- It is listed on almost all exchanges
- It is a low risk investment
Cons
- The coin's price is low
- It is not yet accepted as a means of payment
