Virtual Currencies and Blockchain Technology Is a New Concept Although Dogecoin is one of the pioneer cryptocurrency projects, 95% of the global population is not into cryptocurrencies. This is the primary reason why you shouldn’t think investing $100 in DOGE will result in overnight gains. No analyst foresaw the massive spike in prices of crypto in 2021, so invest in Dogecoin and other digital coins with caution. Know the Actual Costs Involved Investing $100 of your hard-earned money in Dogecoin only to lose some of your capital to depositing and transaction fees is heartbreaking. Find exchanges that meet your preferences in terms of fees. Does the exchange allow free deposits and low transaction fees? Once you ask this question, you will be able to tailor your search into finding an exchange that will allow you to use your $100 to buy a package of Dogecoin (DOGE). Know Your Risk Tolerance Can you afford to lose $100? Suppose the price of DOGE should drop to extinction zones, will you be able to survive after the loss of your capital? Dogecoin is currently trading at $0.1569 but continues to experience sharp spikes and recessions in its daily trading volume. If you assess your risk tolerance and realize the rewards outweigh the risks, then you can carry on and invest $100 in Dogecoin (DOGE). Do not follow feeds from social media and invest your life savings into crypto. As an e-learning organization, we continue to advise our clients about the need to invest an amount they can afford to lose.

Virtual Currencies and Blockchain Technology Is a New Concept Although Dogecoin is one of the pioneer cryptocurrency projects, 95% of the global population is not into cryptocurrencies. This is the primary reason why you shouldn’t think investing $100 in DOGE will result in overnight gains. No analyst foresaw the massive spike in prices of crypto in 2021, so invest in Dogecoin and other digital coins with caution. Know the Actual Costs Involved Investing $100 of your hard-earned money in Dogecoin only to lose some of your capital to depositing and transaction fees is heartbreaking. Find exchanges that meet your preferences in terms of fees. Does the exchange allow free deposits and low transaction fees? Once you ask this question, you will be able to tailor your search into finding an exchange that will allow you to use your $100 to buy a package of Dogecoin (DOGE). Know Your Risk Tolerance Can you afford to lose $100? Suppose the price of DOGE should drop to extinction zones, will you be able to survive after the loss of your capital? Dogecoin is currently trading at $0.1569 but continues to experience sharp spikes and recessions in its daily trading volume. If you assess your risk tolerance and realize the rewards outweigh the risks, then you can carry on and invest $100 in Dogecoin (DOGE). Do not follow feeds from social media and invest your life savings into crypto. As an e-learning organization, we continue to advise our clients about the need to invest an amount they can afford to lose.