Dogecoin is NOT a smart longterm investment. Here’s why.

I suspect Elon Musk secretly controls majority of the mining and not releasing the mined tokens which is causing Doge tokens to become more scarce and driving up the price.

Elon was too late in the game for Bitcoin and wants to be the largest holder of a top token. Doge coin was perfect token for this because most of the smart investors who understand token economics would not jump on the early pump.

Smart investors do not chase pumps and realize there are other tokens that have a better store of value or needed utility.

If you did not get into this huge pump, you still have to be happy with all the other gains in this really huge bull market. don't be greedy.

/r/CryptoCurrency Thread