The best-selling Aussie financial guru is deadset against investing in the cryptocurrency that’s soaring on the back of Elon Musk’s profile. Scott Pape, better known as the Barefoot Investor, has issued a word of warning to his followers who are considering investing in the red-hot cryptocurrency Dogecoin. It’s a phenomenon some analysts are putting down to the continued public promotion its received from billionaire Tesla founder Elon Musk. A visual representation of digital cryptocurrency, Dogecoin. Picture: James CroucherAfter pumping up Dogecoin’s popularity for months, Musk also warned investors to be wary of cryptocurrencies ahead of his Saturday Night Live debut.

Source: The Herald May 08, 2021 03:45 UTC