Invest with Caution ⚠ Okay If You Have Some Extra Bucks
We have seen Elon Musk supporting Dogecoin in his tweets and probably that is the reason we see investors pouring their money into Dogecoin showing a huge spike in its price.
But this time Elon Musk seems to be a bit reserved. And why not, because this is what we all should guide people about this volatile crypto market.
In his tweet he says cryptocurrency is promising but invest witj caution. And that kind of good on his part to remind the people about the risks involved investing in cryptocurrencies.
You shouldn't be investing from your savings. That is the money that you need for your rainy days, but yeah if you have some extra bucks, you can try investing that.
The good part for us is that we as Hivians are lucky to be here on hive earning Hive tokens creating content and without any financial investments. It's good for someone like me who is working 9 to 5 and meet my expenses from the salary.
Being on Hive blogging is sort of an extra pocket money for me and this is why I am still HODLing it. Now that we have proofofbrain.io and also leofinance.io, gives us some extra chances of earning extra tokens which I see an extra motivation for me, I am going to HODL all these other tokens like Leo, POB etc. And this is what most of us here on Hive are doing and they seem pretty much happy with it.
Thanks
I will appreciate your support.
Follow me @aftabkhan10.
If only I would have savings.
I live on a low (approximately $250 USD), pension-like income. The minimum wage is approximately $550 USD, so this is a huge financial discrimination. And many people live on less money. Nowadays I also work in a 4 hours part time job, but my income still does not reach the minimum wage.
Sad to hear about that.
Greetings from Hungary.
We are in central Europe, we are a member of the European Union since 2004, but we still use our own currency, which is the Hungarian Forint (HUF), which is basically worthless compared to the USD (nowadays $1 USD is worth around 300 HUF), and the wages are one of the worsts in the whole continent.
My Hive blockchain income is not better, by the way.
Most of my posts are earning cents (usually up to $0.30 USD per post).
It would be good to buy at least a used PC, but nowadays I am happy if I can buy food.
Wishing you luck my friend :)
Thank you.
I kinda had a feeling we’d see a big drop during SNL. Frankly I think Elon does no one a service promoting the meme that is Doge. I have a sentimental place in my heart for Doge but it’s not the crypto to be making a statement on like this. Elon is just trolling it seems.
Lol maybe