Ex-CIA officer recommended to carefully assess the risks before buying "meme" cryptocurrenciesFormer CIA officer Edward Snowden advised his Twitter followers not to buy “meme” cryptocurrencies – Dogecoin clones.
According to Snowden, before spending the earned money on “meme” tokens, it is necessary to adequately assess your chances of outperforming the market.
“Carefully assess your chances of outwitting the market, which sold you a stake not even in” dog “money, but in a clone of” dog “money,” said Snowden.
i say this with love:
if you got talked into exchanging your hard-earned savings for some new dog money because a meme said you'd get rich, please carefully consider your odds of outsmarting a market that sold to you its stake in *not even dog money but a CLONE of dog money*
— Edward Snowden (@Snowden) October 31, 2021
Also, the ex-CIA officer added that those who are angry about his publication, it is better to reduce the position size in the “meme” cryptocurrencies.
also if you are mad at this tweet you probably need to reduce your position size.
— Edward Snowden (@Snowden) October 31, 2021
Snowden has spoken out repeatedly about digital assets. For example, in October, he explained the danger of national cryptocurrencies, and also named the reason for the sharp rise in bitcoin.
Most of your money exists not as something folded in your wallet, but as an entry in a bank’s database, faithfully requested and rendered beneath the glass of your phone.
If someone else gets to decide *if* and *how* you can spend it, is it really yours?https://t.co/720SYvqzZM
— Edward Snowden (@Snowden) October 9, 2021
Snowden Advised Against Investing In Dogecoin
