• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
Dogecoin

Dogecoin: Should You HODL Or Fold? Dev Sounds The Alarm

Christian Encila
by Christian Encila
1 year ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

For newbies especially, the realm of cryptocurrencies can be as seductive as it is frightening. Many people are ready to join the trend as memecoins like Dogecoin see explosive appeal. But Mishaboar, a Dogecoin creator, is advising caution, reminding everyone that cryptocurrency investments are a deliberate leap rather than a hapless plunge into a pool of digital wealth.

Related Reading: Ripple Gets Big Break: SEC Lowers Settlement Demand To $103 Million

Dogecoin Analyst: Know The Risks

Respected member of the Dogecoin community Mishaboar lately sent a strong warning on social media. Emphasising their natural volatility, he underlined the need of risk analysis:

“Crypto is highly volatile and risky,” he stated. Do not gamble with more than you can afford to lose.”

Although this seems like basic financial advice, Mishaboar argues that this is a vital aspect that passionate investors sometimes overlook and wind themselves burned.

Dear Dogecoin, and especially those of you new to crypto:

Crypto is extremely volatile and risky. Do not gamble with more than you can afford to lose.

This is a simple message, often repeated, and like many simple messages, easily forgotten.

If the amount of crypto you are…

— Mishaboar (@mishaboar) June 16, 2024

Educated Gamblers Vs Uninformed Enthusiasts

Mishaboar doesn’t hold back when characterising crypto investment as a sort of “educated gambling.” He admits the excitement of the hunt and the possibility for big payback. He emphasises, nonetheless, the need of education.

“It’s okay to gamble,” he told his fans, but do it sensibly once you know the risk or reward ratio. This attitude reflects a recent comment made by Cyber Capital founder Justin Bons, who compared memecoin investments especially to gambling. Bons contended that given the speculative character of their activities, memecoin traders should not even be referred to as investors.

Total crypto market cap currently at $2.3 trillion. Chart: TradingView

Protecting newbies from the dangers of the crypto terrain comes first for Mishaboar. Often buying and trading coins and tokens without fully understanding the risk/reward ratio, those considering dipping their money into digital assets often do so, he said.

Their ignorance can make them easy targets for exploitation by dishonest industry players. Targeting these “grifters, criminals, and peddlers” who prey on naive investors, Mishaboar aims at His goal is to provide newbies the tools they need to securely negotiate the crypto terrain.

DOGE price down in the last 24 hours. Source: Coingecko
Related Reading: Crypto Clout: 64% Of BNB Coins Belong To Former Binance Boss

Transparency And A Call For Responsible Innovation

Mishaboar calls attention to the lack of openness inside the crypto sector itself even as she advocates conscientious engagement. He notes that certain crypto initiatives fall short in sufficiently revealing the inherent hazards involved. Potential investors find it challenging to make wise judgements with this absence of upfront knowledge.

Demand for openness by Mishaboar beyond simple risk disclosure. He seems to promote a more ethical approach to crypto development such that new projects offer safety and education high importance along with creativity.

Featured image from Getty Images, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Christian Encila

Christian Encila

Follow

Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.

Full Profile

Related Posts

Whales Rush In As Bitcoin Hyper’s $14.6M Presale Becomes $BTC's Ticket to Mainstream Success

Whales Rush In As Bitcoin Hyper’s $14.6M Presale Becomes $BTC’s Ticket to Mainstream Success

21 minutes ago
Little Pepe Presale Hits $25M, Almost Sold Out Before Ethereum L2 Launch

Little Pepe Presale Hits $25M, Almost Sold Out Before Ethereum L2 Launch

1 hour ago
$USDD Takes on Tether as L2s Innovate: $BEST Benefits

$USDD Takes on Tether: As L2s Innovate, $BEST Benefits

2 hours ago
Next Crypto to Explode Live News Today: Timely Insights for Chart Sniffers (September 9)

Next Crypto to Explode Live News Today: Timely Insights for Chart Sniffers (September 9)

24 minutes ago
Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (September 9)

Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (September 9)

24 minutes ago
Gemini AI Expects Solana to Climb Toward $400 on Firedancer Boost

Gemini AI Expects Solana to Climb Toward $400 on Firedancer Boost

2 hours ago

Premium Sponsors

Press Releases

  • PEPENODE มีมคอยน์กบกอดโทเค็นสุดน่ารัก

    PepeNode เหรียญมีมสาย Mine-to-Earn...

    12 minutes ago
  • Bitcoin Hyper

    Bitcoin Hyper наближава $15 милиона...

    2 hours ago
  • miner

    From simply holding coins to earning steady daily returns...

    4 hours ago
  • Ex-Wealth Manager Théo Vaucher Leaves Wealth Management to...

    5 hours ago
  • miner

    COME Mining cloud mining is becoming a new way to play with...

    15 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.