Dogecoin developer and contributor, Mishaboar has warned the Dogecoin community of the risks involved in engaging the cryptocurrency leverages and derivatives market. He explains that the current market is too volatile and unpredictable for investors, cautioning that investors could end up losing badly.
Mishaboar Says “Stay Away” From Crypto Derivatives
In a recent X (formerly Twitter) post, Mishaboar firmly advised Dogecoin investors and traders to stay away from leverage and derivatives in crypto. The developer’s warning comes amidst the growing anticipation within the Dogecoin community, spurred by Coinbase’s recent announcement of a potential listing for Dogecoin futures this April.
Mishaboar has warned DOGE investors to avoid the leverages and derivatives market at all times, but more so in the coming weeks. Responding to an inquiry from community members seeking clarification for his statements, Mishaboar elaborated that cryptocurrency trading is inherent
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