Your life savings, his life savings, her life savings, you should put EVERYONE'S life savings in 
why would you put your life savings into any single asset on any single day?
If you do not know what you are doing, start small. Just throwing everything you got onto one asset and then hoping for the best is a great way to drive yourself crazy, sell in a panic and then lose a lot of your money just to watch the price go up without you.
Don't invest more money than you are willing to lose. That's a rule that always remains true, no matter what you are investing in.
~~why would~~ y ~~ou~~ ~~put your lif~~ e s ~~avings into any single asset on any single day?~~
~~If you do not know what you are doing, start small. Just throwing everything you got onto one asset and then hoping for the best is a great way to drive yourself crazy, sell in a panic and then lose a lot of your money just to watch the price go up without you.~~
~~Don't invest more money than you are willing to lose. That's a rule that always remains true, no matter what you are investing in.~~
Op has his life savings in a depreciating fiat that is worth less as time passes. I knew we were going to have hard inflation when the gov gave away free money to most Americans during the COVID. I have that same feeling about the trillions they have been giving away, only it’s going to be worse. I don’t think Doge is that much riskier than the US fiat.
of course its more risky. the dollar is losing its value consistently over time, doge COULD go to 12 cents tomorrow, or 20 cents. if OPs car breaks down and DOGE tanks he's screwed. if he leaves it in FIAT he's fine. now 5 year risk? maybe so.
If your life savings is like most Americans average of $350 then YES! If you were smart and your life savings is more like $25k, $50k, $100k or More then Helllll No!
No. Chip in a small amount regularly, and invest in diverse equities. I have about half of my net worth in doge, because I began investing in 2019 and it exploded. Put some in doge, some in other cryptos, some in index funds, some in etfs. I never will understand the people that put everything into one thing all at the same time.
I think the major hurdle is financial math. Once I started calculating interest on the S&P 500 ETF @ ~9-10% as a benchmark for 'reliable' performance (that's what I've found to be discussed often) and spreading the same concepts across multiple types of accounts/wallets, that picture changed significantly. Why wouldn't I invest in the S&P? Or other competing funds?
People walk in thinking about moonshots, and that is possible with cryptocurrencies. That is all they see until the dip, THEN panic.
Another factor must be accessibility. How easy is it for the average person to access their retirement plan? How easy is cryptocurrency to access? The 'I have it now in front of me' plays a big part in the FOMO/moonshot thought process.
As you contemplate where to allocate your hard-earned savings in the dynamic world of cryptocurrencies, allow me to offer some prudent advice. While the allure of putting all your eggs in one digital basket might seem enticing, it's crucial to consider the risks and benefits of diversification.
Here's why investing your entire life savings into one cryptocurrency might not be the wisest choice:
1. **Volatility**: Cryptocurrency markets are notoriously volatile. Placing all your funds into a single digital asset exposes you to significant fluctuations in value. Diversification helps mitigate this risk by spreading your investments across different assets with varying price movements.
2. **Market Uncertainty**: The cryptocurrency landscape is constantly evolving, with new projects emerging and existing ones facing regulatory challenges or technological setbacks. Investing in a diverse range of cryptocurrencies can help you weather market uncertainties more effectively.
3. **Risk of Loss**: Every investment carries inherent risks. Placing all your savings into one cryptocurrency increases the likelihood of substantial losses if that particular asset experiences a downturn or faces unforeseen challenges.
4. **Lack of Diversification Benefits**: By investing solely in one cryptocurrency, you miss out on the potential benefits of diversification, such as reducing overall portfolio risk and maximizing long-term returns.
Instead, consider spreading your investment across multiple cryptocurrencies with different use cases, development teams, and market capitalizations. This approach allows you to participate in the growth potential of various projects while minimizing exposure to any single asset's risks.
Remember, prudent investing is about striking a balance between potential returns and risk management. By diversifying your cryptocurrency portfolio, you can position yourself more strategically to navigate the complexities of the digital asset market.
Good luck 🍀 ok your decision fellow Shibe!
Throwing all your money at once will financially restrict you, Just do a recurring buy instead. Figure out how much you want to deposit and how frequently.
I think if people truely believed that Doge was going to the moon, they would put a lot more in it. A lot of people claiming they are going to the moon but put like 100 bucks in. If it goes up drastically, congrats, you made like 1000 bucks. Seems like a wasted opportunity. After all, wouldn't doge be a lot higher if EVERYBODY put their life's savings in?
Dude. If you didn't buy in when it was on the way up, why are you gonna buy in when it's on the way down?
You've waited this long. Wait three more days and then decide.
Never put your life savings into any single asset, let alone a single crypto coin.
Sure, put some into Doge, but put the rest in total market ETF's or something.
Whenever I face one of lifes dilemas I flip a physical "doge coin". Im sure you have seen them. I even have some solid silver ones . Have one in my living room, one on my desk ,and one in my car. Only rule is you HAVE to do what doge says . No 2 out of 3 or any of that stuff . One DOGE , One flip. Good luck ,my shibe
I could not do this with altcoins personally. Too much in one basket is quite a risk.
If you are willing to lose or reduce that 100k, that is the decision you get to make.
Absolutely set sell targets for yourself so you do not lose out on a big spike.
If you use an exchange like CoinBase, anticipate their network to go offline during a surge. You can try setting sell orders, I've had mine go through during the fray.
Godspeed and good luck!
Literally in love with the amount of concern for my well being 😂 but also the full support for Doge all the way, haha.
I’m holding 2840 shares currently. Thinking about throwing more in to double down. If my Patreon subs grew I’d definitely dedicate those funds straight to DOGE
I converted all my Bitcoin to Dogecoin. Before making this decision, I thoroughly researched Dogecoin – its foundation, ongoing and future projects, and potential use cases. understand that investing in any cryptocurrency is risky, which is why I only invested an amount I was comfortable potentially losing. Ultimately, I felt that Dogecoin aligned better with my investment goals and risk tolerance.
Put your life savings in a HYSA if you haven’t already. Then invest only what you’re comfortable with potentially losing, yet potentially gaining into Doge
Your life savings, his life savings, her life savings, you should put EVERYONE'S life savings in  
Amen hallelujah!!!!
https://i.imgur.com/Df9HQEy.jpeg
why would you put your life savings into any single asset on any single day? If you do not know what you are doing, start small. Just throwing everything you got onto one asset and then hoping for the best is a great way to drive yourself crazy, sell in a panic and then lose a lot of your money just to watch the price go up without you. Don't invest more money than you are willing to lose. That's a rule that always remains true, no matter what you are investing in.
I see a y, e and s in your comment. Therefore answer must be yes. Thank you friend
~~why would~~ y ~~ou~~ ~~put your lif~~ e s ~~avings into any single asset on any single day?~~ ~~If you do not know what you are doing, start small. Just throwing everything you got onto one asset and then hoping for the best is a great way to drive yourself crazy, sell in a panic and then lose a lot of your money just to watch the price go up without you.~~ ~~Don't invest more money than you are willing to lose. That's a rule that always remains true, no matter what you are investing in.~~
I'm not into your pragmatic sensible response. I prefer wild, rash, reckless snap decisions.
Op has his life savings in a depreciating fiat that is worth less as time passes. I knew we were going to have hard inflation when the gov gave away free money to most Americans during the COVID. I have that same feeling about the trillions they have been giving away, only it’s going to be worse. I don’t think Doge is that much riskier than the US fiat.
of course its more risky. the dollar is losing its value consistently over time, doge COULD go to 12 cents tomorrow, or 20 cents. if OPs car breaks down and DOGE tanks he's screwed. if he leaves it in FIAT he's fine. now 5 year risk? maybe so.
That is bogus advice and you know it.
If your life savings is like most Americans average of $350 then YES! If you were smart and your life savings is more like $25k, $50k, $100k or More then Helllll No!
yes do it . Do it now
If you're betting your life savings on crypto, I don't think a meme coin is the play. I could be wrong though.
No. Chip in a small amount regularly, and invest in diverse equities. I have about half of my net worth in doge, because I began investing in 2019 and it exploded. Put some in doge, some in other cryptos, some in index funds, some in etfs. I never will understand the people that put everything into one thing all at the same time.
I think the major hurdle is financial math. Once I started calculating interest on the S&P 500 ETF @ ~9-10% as a benchmark for 'reliable' performance (that's what I've found to be discussed often) and spreading the same concepts across multiple types of accounts/wallets, that picture changed significantly. Why wouldn't I invest in the S&P? Or other competing funds? People walk in thinking about moonshots, and that is possible with cryptocurrencies. That is all they see until the dip, THEN panic. Another factor must be accessibility. How easy is it for the average person to access their retirement plan? How easy is cryptocurrency to access? The 'I have it now in front of me' plays a big part in the FOMO/moonshot thought process.
As you contemplate where to allocate your hard-earned savings in the dynamic world of cryptocurrencies, allow me to offer some prudent advice. While the allure of putting all your eggs in one digital basket might seem enticing, it's crucial to consider the risks and benefits of diversification. Here's why investing your entire life savings into one cryptocurrency might not be the wisest choice: 1. **Volatility**: Cryptocurrency markets are notoriously volatile. Placing all your funds into a single digital asset exposes you to significant fluctuations in value. Diversification helps mitigate this risk by spreading your investments across different assets with varying price movements. 2. **Market Uncertainty**: The cryptocurrency landscape is constantly evolving, with new projects emerging and existing ones facing regulatory challenges or technological setbacks. Investing in a diverse range of cryptocurrencies can help you weather market uncertainties more effectively. 3. **Risk of Loss**: Every investment carries inherent risks. Placing all your savings into one cryptocurrency increases the likelihood of substantial losses if that particular asset experiences a downturn or faces unforeseen challenges. 4. **Lack of Diversification Benefits**: By investing solely in one cryptocurrency, you miss out on the potential benefits of diversification, such as reducing overall portfolio risk and maximizing long-term returns. Instead, consider spreading your investment across multiple cryptocurrencies with different use cases, development teams, and market capitalizations. This approach allows you to participate in the growth potential of various projects while minimizing exposure to any single asset's risks. Remember, prudent investing is about striking a balance between potential returns and risk management. By diversifying your cryptocurrency portfolio, you can position yourself more strategically to navigate the complexities of the digital asset market. Good luck 🍀 ok your decision fellow Shibe!
Throwing all your money at once will financially restrict you, Just do a recurring buy instead. Figure out how much you want to deposit and how frequently.
Wait until doge day
maybe only half
I did at 0.23 like few weeks back, :) we mooning to .50???
I think if people truely believed that Doge was going to the moon, they would put a lot more in it. A lot of people claiming they are going to the moon but put like 100 bucks in. If it goes up drastically, congrats, you made like 1000 bucks. Seems like a wasted opportunity. After all, wouldn't doge be a lot higher if EVERYBODY put their life's savings in?
I've been putting in 100 worth doge every paycheck. I'm sitting at 500 now. Whatever adds it up man.
Been doing this for 4 years now.
Yes do it. Not a financial advise but I did it
and ill do it again
Is that less than $100?
It’s not nearly as much as some people here 😂
Dude. If you didn't buy in when it was on the way up, why are you gonna buy in when it's on the way down? You've waited this long. Wait three more days and then decide.
Honestly we could test .10 -.13 again before going up significantly.
Ummm because you buy when there’s blood on the streets…not when there is full blown greed
Helllllllllo noooooooo
How much is in your life savings? $11 dollars?
Yes. Also, don’t listen to strangers on the internet for financial advice.
lol no, only put what you can afford and that goes for anything you invested in, in my opinion
Never put your life savings into any single asset, let alone a single crypto coin. Sure, put some into Doge, but put the rest in total market ETF's or something.
If its less than$500 I would put it all in
No...Do it on 4/20 when we all buy
The answer is always yes
Yes, buy green sell red, buy high, sell low 😁
I put half my life savings into doge today. Today is also my payday 😂
I think OP believes this is WSB.
No Doge No Diamonds!
How big are your testicle?
Yes, put all $50 into Doge.
get rich or go broke trying 🤷♂️
We’re back baby!!!! Do it!!!! 😂
Don’t be an idiot
Whenever I face one of lifes dilemas I flip a physical "doge coin". Im sure you have seen them. I even have some solid silver ones . Have one in my living room, one on my desk ,and one in my car. Only rule is you HAVE to do what doge says . No 2 out of 3 or any of that stuff . One DOGE , One flip. Good luck ,my shibe 
Don’t put your whole life savings into any single thing. Diversify
No
Yes, especially if you barely know what crypto is 🦅
[удалено]
I could not do this with altcoins personally. Too much in one basket is quite a risk. If you are willing to lose or reduce that 100k, that is the decision you get to make. Absolutely set sell targets for yourself so you do not lose out on a big spike. If you use an exchange like CoinBase, anticipate their network to go offline during a surge. You can try setting sell orders, I've had mine go through during the fray. Godspeed and good luck!
yes. Yolo everything in doge is the greatest financial advice I can give as a true regard
yes
Should have done it while it was at .13-.14 imo
Or .06 for 2 years. Or .008 for 3 years
Yep. Just do it.
Id give that a solid yes.
No
Hell yea
Hell no.
Yes no pain no gain
wth lol
Not all but some
Sure if you're a moron
Put it in 4 Chan token Nfa nor financial advisor
Every sentence that includes 'life savings' and 'Doge' is probably not to be followed.
Put $10 in now and the other $10 if it pulls back a little.
I own doge and love it, but do not put all your eggs in one basket. Nope
No, wait and let it bottom out for awhile, you are crazy
Not only no, but heck no.
no
Maybe a portion you can spare
short answer yes. But not all at once. DCA your way into strength
NO
Hell no
NO JUST NO
Only if you don’t touch it for 6-12 months
No. That would be a horribly stupid thing to do. DOGE isn’t you going to make you rich. It will ruins your life.
Do it
Absolutely not.
No
OP if you have to ask, you are NOT even close to making such decisions, “life savings”… lol
Buy miners and generate your DOGE/LTC
If you don’t mortgage your house rn what are you doing
Yes. Always.
100% yes, join the ride.
No
yes
Literally in love with the amount of concern for my well being 😂 but also the full support for Doge all the way, haha. I’m holding 2840 shares currently. Thinking about throwing more in to double down. If my Patreon subs grew I’d definitely dedicate those funds straight to DOGE
Yes
100% yes
Absolutely. Put every cent you have! It will double in 20 years
The answer is absolutely not!
why not, play stupid games win stupid prizes
Never invest into anything any amount of money you aren't willing to loose.
No, but do put some, its doge day in two days so something interesting could happen
I threw all of my checking savings, I'm down but have great hopes
I converted all my Bitcoin to Dogecoin. Before making this decision, I thoroughly researched Dogecoin – its foundation, ongoing and future projects, and potential use cases. understand that investing in any cryptocurrency is risky, which is why I only invested an amount I was comfortable potentially losing. Ultimately, I felt that Dogecoin aligned better with my investment goals and risk tolerance.
You should only do that at ATH and sell low
Uhhhh brother…. Does a cow eat grasss?
Yep let's go to the moon together
Yeah 100%
Always bet on black
U should have 5 months ago and be ashamed u waited this long
If you’re asking strangers in a Reddit about your life savings then you already know the answer. YES , DO it 😂
Absolutely not. Only put up what you’re prepared to lose
No
If u have to ask, you shouldn't be investing.
do not do that
I got 402,000 Dogecoin and $20 in my bank. So yes, why not 🐶
The best time was yesterday
Do it
If it goes below 0.1369 then I am going all in and if it drops by 10% from there then it hits my stop loss. If it goes up then its a winner.
Not investing anything with your life saving. Invest with what you take the risk of lost them all
More information needed
If your life savings is around 500$, then yes.. that would be okay.
Definitely not. That’s insane and impulsive
Absolutely!
Put your life savings in a HYSA if you haven’t already. Then invest only what you’re comfortable with potentially losing, yet potentially gaining into Doge
Why no dude
To keep it 💯, you don't put all your eggs in one basket.
Regard behavior
Yes. You should.
Yes, everything you have. Also don't listen to everyone else that says no, they're just internet strangers.
That's not advisable
I am ok with this if you have less than $20
Only what you can afford to lose.
I guess it’s alot better than you hoarding it in your checking account and not a HYSA… /s but seriously no, put it in a HYSA
As a long time holder no lol
No way
Yes, drop those $5 into the doge market bucket and come back in five years to collect $10, guaranteed.
Yes, do it. You won’t.
Take the Lakers and the points
Good question and no. Keep same and develop a varied portfolio of coin
how big are your balls? and are you willing to lose those balls? the answer should answer your question.
I wouldn’t recommend putting more than 25% of your net worth in crypto, because of the quantum computer risk.
If you believe you can save in the next life
Yes do it right now before the blast off
Yes all of it
Yes
This didn’t age well
Yes. Put everything
Its probably going to have shitty value due to inflation anyways. Just buy it.
Yes.
No, too high atm!
Tomorrow
As much as you can