Investors must fully understand the high-risk nature of Dogecoin when investing. The Dogecoin market experiences drastic price fluctuations, with many factors of manipulation and uncertainty. Investment decisions should be made with caution. As for investment strategies, investors should avoid blindly following trends. One should not buy in simply because of a price surge or recommendations from others, but instead conduct thorough research and analysis. A diversification strategy is advisable, spreading funds across different cryptocurrencies and other investment sectors such as stocks, bonds, and funds to reduce risk. Investors should stay rational and calm when investing in Dogecoin, avoid being swayed by market sentiment, and make wise investment decisions.