Dogecoin Creator Names Less Exciting and Scary Investments Than Crypto

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Youri Molchan

A Prominent Figure in the Crypto Space Called a “Good Sign” When You’re Overexposed to Cryptocurrencies

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Investment ‘less exciting or scary’ than cryptoDOGE co-founder isn’t investing in crypto but there are still some left

Computer engineer Billy Markus, who built the original DOGE meme coin with Jackson Palmer in 2013 as a bitcoin joke, has become an influencer not only in the crypto space now, while Palmer prefers to avoid exposure on Twitter .

Markus is known on Twitter as “Shibetoshi Nakamoto”.

A ‘less thrilling or scary’ investment than crypto

In a recent tweet, Markus offers his thoughts on which investment assets can be “not very exciting or scary”, while crypto is both. He also named one thing that signifies when investors are overexposed to any cryptocurrency.

if you feel moved by the extremely speculative price of any cryptocurrency, it is a good sign that you are overexposed

Shibetoshi Nakamoto (@BillyM2k) May 19, 2023

He tweeted that such a “good sign” of overexposure is when you start to “feel emotional about the extremely speculative price of any cryptocurrency.”

As an investment alternative to crypto, for those who prefer something “less exciting and scary” than crypto, Markus suggested SPY, or High Yield Interest Rates.

buy boring stuff like SPY or put your money in a high interest account and it’s not very exciting or scary

Shibetoshi Nakamoto (@BillyM2k) May 19, 2023 DOGE co-founder not investing in crypto but there’s still some

As for Markus, in his previous tweets he repeatedly stated that he stopped investing in crypto almost immediately after the launch of Dogecoin. However, he still has some crypto from that time and some tips left over.

In December last year, Markus shared that he had to sell some of his Ethereum stash to pay taxes for 2022 and was pressured into selling at a loss. He recently compared investing in crypto to investing in mental illness. As for NFTs, Markus tweeted that those who invest in them are even more mentally ill than those who choose crypto.

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