Post
Topic
Board Altcoin Discussion
Re: What would you do with 20,000 Dogecoins?
by
Jackl87
on 24/11/2021, 09:30:39 UTC
Good afternoon,

I've been involved in Bitcoin for a few years, in 2014 while mining Bitcoin with ASIC I put for a while the graphs to mine Dogecoin, then as they worth hardly anything I forgot about them until a few days ago I got to thinking that maybe I had not changed them to Bitcoin (as I did with the rest of what I had mined).

The thing is that I started looking for the keys and I found 46,000 Dogecoins, I have changed 6000 to Shiba and I was thinking about changing another 20,000 to other Altcoins.

In principle it has occurred to me to put a part in Ether, another in Loopring and another in Solana and / or Cardano, also put a tiny part in DOGGGO in case the people who are following it make it go up to the moon.

Any opinion will be welcome.

I can also keep the Doges, I do not consider putting it in Bitcoin because I'm up to my eyebrows.

Thanks in advance for your wise advice.

You have several options now i would say. If you look at the current value of your Dogecoin then we are at around 4.400 $ which is a really nice amount of money. So you could put that money into a new and promising project and if you are lucky and you pick the right one then you can make a x10 with it or even more, but of course if you do that there is also a pretty big risk that you are choosing the wrong project and your money will be completely lost. You could also sell that Dogecoin and coins with it that generate some nice income through staking like Polkadot, Cosmos or Radix to get around 10% per year to your holdings on top is always nice.