Even if Dogecoin is announced as a strategic reserve now, it may still be difficult to reverse the downward trend. The dual blow from AI and Huawei chips has severely impacted the Nasdaq, and even the entire risk market. Investors are anxious, and a bear market has even begun to take shape. According to the cycles of the U.S. stock market, it is very likely that we are already at the peak. However, if we consider the cycles of the cryptocurrency market, the bull market should not end here. Yet, the cryptocurrency market is highly correlated with the U.S. stock market, and we cannot always use outdated methods to solve new problems.
But investing is always fraught with obstacles; success is never easy. I wish all cryptocurrency friends well, especially the believers in Dogecoin. Regardless of the choice you make now: to hold or to sell, I hope you can achieve success through your own strategy. If you choose to hold, our entire community will stand by you until the end. Finally, I want to remind everyone not to easily attempt leverage or contract trading; the cryptocurrency market is extremely volatile, and you could lose everything.
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