When you hear about people buying crypto, it might sound like a singular asset like a stock or a bond. It’s not. “Crypto” encompasses a wide range of investments with varying purposes, including bitcoin, ethereum, and more than 19,000 other cryptocurrencies—many untested and unlikely to survive. There is also cryptocurrency risk besides volatility, as no regulatory infrastructure is in place for cryptocurrencies. Nothing exists yet to back you up like the Federal Deposit Insurance Corporation does for U.S. bank customers. That means investors are entirely responsible for the security of any cryptocurrency spot holdings. The SEC has noted that with cryptocurrencies, there is “substantially less investor protection than in our traditional securities markets, with correspondingly greater opportunities for fraud and manipulation.”
https://shinhwavia.com/bbs/board.php?bo_table=free&wr_id=29624
A very secure option is to use a hardware wallet to store your Dogecoin. A hardware wallet is a physical wallet that allows you to store your Dogecoin offline. You do have to buy a hardware wallet first at a reasonably high purchase price. At Anycoin Direct, you have the option to buy Dogecoin and then send it to an external wallet. If you go for this choice, all you have to do is provide your wallet address and complete the order. At that point, we will arrange for Dogecoin to be sent directly to your own wallet. In early 2021, Elon Musk first announced that he personally holds some Dogecoin, which caused the value of Dogecoin to increase by nearly 15,000% in seven months. He has not disclosed how many Dogecoin he owns, but in February 2021, Musk revealed in a tweet that he had donated to a nonprofit organisation via Dogecoin. Reddit fans tracked the nonprofit’s transactions and speculated that Musk might have donated around 150,000 DOGE. In July 2022, Tesla sold most of its Bitcoin investments, but interestingly, Musk announced that no Dogecoin had been sold.