With just one sentence from Trump, DOGE jumps up and down; a celebrity farts, and the retail investors run with their legs broken!” Brothers, this may sound rough, but it makes sense!
Today, old Trump is at it again! He tweeted to slam Musk, saying the electric vehicle mandate is nonsense and revealed that Musk's company relies entirely on government subsidies to survive; without subsidies, they would have 'rolled up their mats and returned to South Africa' long ago. At the peak of his rant, he suddenly said: 'Maybe we should let Dogecoin think about this issue? This could save a lot of money!!!'
Wow! Just this one phrase, 'Let DOGE think about it,' and the crypto world instantly exploded! DOGE's price shot up like a rocket and then came crashing back down, it's all about the thrill! Why? Because DOGE is essentially an 'internet celebrity coin,' relying on big shots' endorsements and community celebrations! When Musk shouts, it can soar; when Trump mentions it, it also shakes a bit!
Case in point:
Think about last year when Musk said DOGE is a 'scam' on Saturday Night Live; although it was a joke, the price immediately halved! Then consider when he changed his Twitter profile to DOGE or when Tesla started accepting DOGE payments; wasn't each time a roller coaster for the coin's price? This time Trump mentioned DOGE, and it's the same essence—it's not that he really supports it; he's using it as a 'meme' to attack Musk! This trick of 'borrowing the coin to hit someone' is something Trump is good at!
My honest opinion:
DOGE ≠ serious investment; it is the 'atmosphere group' leader! We need to be clear-headed! DOGE was born as a joke; there are no significant technological breakthroughs, and its application scenarios depend on a few merchants' support and Musk's mood; it's mainly about trading emotions. Its core value is summed up in two words: liveliness! Want to rely on it for retirement? You might as well buy a lottery ticket; the odds of winning may be higher!
Trump's words are just for listening, don't get carried away! He just wants to have fun talking while attacking his opponents. Did he save money with DOGE? Pure nonsense! He didn't say he would support DOGE in the future, nor are there any favorable policies. This hype comes quickly and goes even faster! Those who chased the high are likely to end up as 'bag holders.'
DOGE is all about the thrill; high volatility is the norm! A daily swing of 20% or 30% is just like playing for it. Don't be fooled by these sudden fluctuations into thinking 'the bull market has arrived' or 'it's crashing.' For DOGE, this is all called 'normal performance'!
Brothers, what should we do with the DOGE in our hands?
If you are a 'quick gun' short-term trader:
Alright! Just focus on this wave of news hype, jump in and out quickly, make some pocket money and then run! But remember: your speed must be fast, and your stop-loss must be ruthless! If you feel something is off, cut your losses immediately, don't get attached! Don't rush in just because you see a little rise; be careful of the strong winds at the mountain top!
If you are a 'diamond hand':
Then just hold steady! Treat Trump's antics as just a noise. If you believe in the community culture of DOGE, in the meme spirit represented by that 'dog head,' then don't let this noise distract you. If you plan to dollar-cost average, do so; if you plan to play dead, then do that. But the premise is: the money you invest must be 'spare money' that won't affect your daily life if lost! Never gamble with money for buying a house, your wife's funds, or tuition!
If you are an 'onlooker':
I advise you: stay calm! Stay calm! Stay calm! Jumping in now is like picking nuts out of the fire! Prices are driven high by news, and the risks are huge! Really want to play? Just use some pocket money, like what you would spend on a barbecue; if you lose it, it won't hurt that much. Just go in to feel the atmosphere; consider it like buying a ticket to watch a 'crypto drama.' Earn a little, lose a little; it won't affect your life.
Core mantra remembered in the heart:
"Celebrity endorsements are like fireworks; it's lively but don't take it seriously; investing spare money is the bottom line, going all in with leverage will end in disaster!"
Trump using DOGE as a 'gun' again proves that in this circle, news can stir up more waves than technical analysis! But brothers, after the excitement, we need to remember! Next time a big shot suddenly mentions a coin, will you rush in or sit back and watch?
Comment below: Are you planning to 'run away' with your DOGE during this hype, or are you going to 'play dead'? Or are you too scared to touch this 'internet celebrity coin'? Waiting for your insights!