Jump to content

Dogecoin on IG any time soon?

Recommended Posts

This is a bit mental isn't it.


I believe there is some really ground breaking technology which could change how a number of industries function over the coming years (especially in finance - think near instant stock transfers, immediate settlement of stock and FX etc), but there are also some incredibly irrational actors in plat  such as this. What are your thoughts? And I know  will have some views on this too...


Needless to say, at this point I doubt we'd be adding Dogecoin any time soon...

Link to comment

The amount of money that is being thrown around is indeed incredible. The underlying blockchain or variation thereof seems to have a real future but the coinage issue looks to have many issues yet to be resolved. Bitcoin with it's mining and forking problems may not necessarily emerge as a clear winner and given the speed of development of the sector and the potential for the very sudden introduction of a completely new innovation could leave everything on the table at the moment valueless.

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 06/10/22 17:07
  • Posts

    • Why is this stock unavailable to open for non-Pro clients? Surely a fund is less risky than an individual stock.
    • Hi @Kgrp74 Thank you for reaching out.  HMRC rules don't allow you to hold foreign currency in an ISA, but you can still buy international shares. The gains on currency conversions are only seen and credited in the account once you sell the shares if the currency rate is favorable to you. We also have to consider the 0.5% spread added to the exchange rate and commission charges which would normally offset your profits.  Thanks, OfentseIG
    • DAX/CAC Technical Highlights: DAX reclaimed broken support, but rally still not viewed as bullish CAC 40 has trend-line resistance ahead to watch on further strength   DAX and CAC 40 Technical Outlook: Rally Viewed as Likely to Fail Soon   DAX Daily Chart   DAX Chart by TradingView   The CAC is trading around resistance in the 6k area, with a trend-line from the summer high lying not too far ahead. A turn down could find some initial support in the 5700s, but the low at 5628 is the big level to watch. Broad outlook is of course very similar to the DAX.   CAC Daily Chart   CAC 40 Chart by TradingView   Oct 6, 2022 | DailyFX Paul Robinson, Strategist
  • Create New...