SEC Member Scolded Cryptocurrency Investors!

SEC member Hester Pierce scolded cryptocurrency investors. Pierce said, “Then don't come to the state when you lose your Money.”

US Securities and Exchange Commission (SEC) official Hester Peirce underlined that everyone should be responsible for the decisions they make, said, "Then don't come to the state when you lose your money!"

"Do Not Come To The State When You Lose Your Money!"

SEC official Hester Peirce, who participated in CoinDesk's online broadcast, gave a clear answer to the Dogecoin question posed to him. Noting that people should investigate thoroughly and ask questions when investing not only in Dogecoin but many cryptocurrencies, Peirce said: “People buy and sell many things. Before you buy an asset, you need to know what you are investing your money in. If you are making these kinds of investments for entertainment, that's okay, but you need to know that you are likely to lose money. Just following the crowds is not a good investment strategy. You have to do research and ask lots of questions. I am someone who believes that people themselves are responsible for the decisions made. You can make the decision to have fun or invest, but then don't come to the state when you lose your money! ” Dogecoin has skyrocketed in recent weeks, with the support of Elon Musk and a few other celebrities, and then fell sharply. Dogecoin, which has been the subject of discussion with its recent sharp ups and downs, reached $ 0.45 a few days ago and then declined to the level of $ 0.30. Today, it is trading at $ 0.33.