Hi everyone

Im hoping to ask for some advice.

Long story short, afew years ago i spent abit 6000 NZD on dogecoin. Ive made poor trading decisions with it since then and its now worth about 1500 NZD. I understand its extremely unlikely ill ever see that money again.

Ive got it in an online wallet. What would you do if you were in my position? Should i just cut my losses, keep it in doge or pivot to another or several other coins?

I know im an idiot, please dont remind me. I wouldn't make these kinds of choices if had the chance to run it again

 

Thank you for reading

1 comment

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[–] 1 point 1 week ago

It's hard when you don't know what will happen with prices. I lost thousands buying alt-coins. The only crypto I could recommend for someone hoping to invest and make a profit is Bitcoin. So if I were you I would trade Doge for Bitcoin. But try to make a choice you will be happy with later, don't just listen to me. Also, I don't know if you have other investments but maybe diversity and get a total stock market etf and a short term bond etf. 100% crypto is like a slow game of roulette, it's a big gamble.

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