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 Originally Posted by Poopadoop
Just because other cryptos aren't openly being advertised as pump-and-dumps doesn't mean someone hasn't figured out maybe it's better to do it hush-hush. "Absence of evidence is not evidence of absence."
This is another problem with these types of investments. They're highly susceptible to corruption, and you have no way of knowing (unless someone is stupid enough to post on twitter about it, assuming those are honest posts and not some misdirection used by the competition to discredit DOGE) if and what that corruption is, and how it's going to affect your bottom line.
https://www.bitdegree.org/crypto/what-is-dogecoin
Maybe you should actually do some research about stuff before offering an opinion.
Even one of the founders has sold out and left the "community" . there is no use for the coin apart from a bit of crowd funding altruistic project and an unlimited supply . theres nothing to generate value and if you think people are trying to discredit it because they are scared of competition you really should stick to keeping your savings in a bank and hope its not northern rock or bank of scotland.
As for how to value a company/stock/crypto you read as much as you can about it , add up the positives and negatives and decide if you think its a good investment for you. Over time you will get experience and start to recognise trends that are happing in a company and apply l;essons you've learned in similar situations before to make a decision.At the end of the day , you are making an informed decision and the more information you base it on the better the decision is likely to be .
If investing was easy , no-one would ever make a losing investment.
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