The creator of doge cashed out of it years ago to buy a Honda Civic. So clearly it is not a Ponzi scheme. Having long term capital gains is not a Ponzi scheme

The creator of doge cashed out of it years ago to buy a Honda Civic. So clearly it is not a Ponzi scheme. Having long term capital gains is not a Ponzi scheme in itself. Are there other issues like pump and dumps? there might. But that is different to a Ponzi scheme. A general piece of advice.... Just ignore everyone trying to get you to "yolo" or "hodl". If you buy or hold and someone else sells, they win at your expense.