Top Stories

Elon Musk Has a Warning for Anyone Looking to Invest in Cryptocurrency Like Dogecoin

Elon Musk Has a Warning for Anyone Looking to Invest in Cryptocurrency Like Dogecoin

Cryptocurrency is likely going to be a huge topic of discussion this weekend because of Elon Musk‘s hosting gig on Saturday Night Live, but he is giving a warning to anyone planning on investing.

The 49-year-old Tesla and SpaceX founder helped the cryptocurrency Dogecoin soar in value throughout 2020 and it even had a big surge this weekend ahead of the SNL episode.

Click inside to read the warning that Musk sent to fans…

“Cryptocurrency is promising, but please invest with caution!” he tweeted along with a video of him speaking to TMZ earlier this year.

“First of all, I think people should not invest their life savings in cryptocurrency to be clear. I think that’s unwise,” he said in the video.

Elon says that putting money in crypto “should be considered speculation at this point.”

Just Jared on Facebook
Photos: Getty
Posted to: Dogecoin, Elon Musk

JJ Links Around The Web

Photo of Private:  JJ Links Around The Web
Getty Images
  • Sadie Sink weighs in on the ending of Stranger Things - Just Jared Jr
  • Sabrina Carpenter released the track list for her upcoming album - Just Jared Jr
  • Joe Jonas shares his thoughts on Kevin's reality show - Just Jared Jr
  • JoJo Siwa made some big changes to her house - Just Jared Jr