How to Invest in Dogecoin During the Bear Market
2021 is shaping up to be the Year of the Doge. At the start of the year, Dogecoin (CRYPTO: DOGE) was trading for around half a cent. As of this writing on May 15, its price was about 51.5 cents. Had you invested $1,000 in the canine-themed cryptocurrency on Dec. 31, 2020, it would be worth more than $95,000 as of this writing.
The past year has delivered stunning returns, not just for those who bought Dogecoin, but also those who invested in more mainstream cryptocurrency, like Bitcoin (CRYPTO: BTC). But Dogecoin's price is already down more than 30% from its highs. What happens if the bubble bursts? Here's what Dogecoin investors should do in a bear market.
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Source Fool.com
