The Real ‘Wolf of Wall Street’ Warns Against Investing in Dogecoin
Jordan Belfort is the real ‘Wolf of Wall Street’ and is now warning people to invest in Docecoin and Shiba Inu cryptocurrencies.
The former stockbroker, whose memoir was made into a movie starring Leonardo DiCaprio, has warned against investing in meme cryptocurrencies. Think of Dogecoin (DOGE) and Shiba Inu (SHIB). Belfort explained that “people benefit from an unregulated market”. And stressed that “the sooner governments intervene, the better it is for crypto.” Remarkable for someone who always worked just a little outside the rules.
Wolf of Wall Street warns of Dogecoin
The Wolf of Wall Street’s advice on Dogecoin and Shiba Inu cryptocurrencies has warned investors to put money into meme cryptocurrencies. He did this in an interview with The Sun. He says in it: “I am a fan of blockchain. But there is a lot of crap, a lot of shit coins that serve no purpose and are only there to separate people from their money.”
You hear crazy stories about people making millions and billions. But for such a person there are 10,000 or 100,000 people who will be destroyed by Shiba Inu… It is not a good investment. According to the investor.
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Belfort added: “People are taking advantage of an unregulated market and creating shit coins that have no value and no use.” Both Dogecoin and Shiba Inu have become extremely popular in recent months. Many people have made a lot of money from it, but in addition to these coins, even more questionable coins are coming on the market. Belfort then lashed out at crypto investment programs, stating that “unscrupulous people launch the coins and enter a chat room and say things that are illegal.”
He stressed: “People should seriously go to jail – they are not doing it legally. There’s no way they’ll ever work… I suspect someone will eventually be charged for this stuff.”
