Dogecoin Founder: Never Invest More than You’re Willing to Lose!

• Dogecoin (DOGE) co-creator Billy Markus has revealed his number one rule when it comes to investing in digital assets, as well as his favorite tokens.
• His top rule is to never invest more than you’re willing to lose in a fire. He also expressed fondness for Bitcoin (BTC) and Ethereum (ETH), describing Dogecoin as “Bitcoin in a dog suit”.
• Markus recently warned investors against investing in memecoins and non-fungible tokens (NFTs).

Dogecoin Founder Reveals Number One Rule for Crypto Investing

Billy Markus, the co-creator of popular meme asset Dogecoin (DOGE), has revealed his number one rule when it comes to investing in digital assets. According to Markus, traders should not put more money into crypto assets than they’d be willing to see set ablaze in a fire.

Markus’s Favorite Cryptocurrencies

In addition to revealing his top investment rule, Markus also shared his favorite cryptocurrencies. He named the top two digital assets by market cap—Bitcoin (BTC) and Ethereum (ETH)—as well as expressing fondness for Dogecoin, which he described as “Bitcoin in a dog suit”. Additionally, he said that he’s not a fan of ERC-20 tokens—assets built on top of ETH—stating “I don’t like basically any ERC-20 token.”

Markus Warns Against Memecoin and NFT Investments

Earlier this year, Markus had some words of caution for investors interested in memecoins or non-fungible tokens (NFTs). He stated that the crypto space has become “stupider” during the last 10 years, likening it to gambling.

Dogecoin Price Update

At time of writing, Dogecoin is trading for $0.0617 per token after an 8.1% decrease during the last 24 hours.

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