The recent fluctuations of DOGE have deeply taught me what "a day in the crypto world is like a year in the human world."



When my account went from near loss to over $800 in profit, I was still immersed in euphoria. But then it started to plummet rapidly, and I couldn't even hold back the $500 loss, ultimately forcing me to clear my position. I still feel a bit scared now.

It was only later that I realized this is the norm for meme coins. The price movements of coins like DOGE are inherently highly random, easily influenced by a few pieces of information—sudden whale accumulation, market sentiment swings, or a single tweet from a celebrity can trigger intense volatility. Recently, the meme coin market has indeed been recovering, and as a leading meme coin, DOGE has also rebounded in line with the trend, but essentially it’s driven by short-term capital influx. Once this wave of enthusiasm subsides, prices often sharply retreat.

The problem is, as an ordinary investor, there’s no way to predict these changes in advance. Whale movements are hidden in the dark, and market sentiment shifts rapidly. By the time we amateurs react, the market has already taken the chips. Blindly holding positions is like handing your chips over to market uncertainty.

Looking back now, instead of chasing gains and avoiding losses, it’s better to have a clear understanding of your own capabilities. There are indeed profit opportunities in meme coins, but the risks are equally enormous.
DOGE-4,06%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
NotFinancialAdviservip
· 01-11 09:15
800U to liquidation, this move is really crazy... Meme coins are just casinos, see who can run faster.
View OriginalReply0
FOMOrektGuyvip
· 01-11 08:35
800U to liquidation, I just want to ask if there's a more insane roller coaster experience... DOGE really is just the market maker's ATM, retail investors are always a step behind.
View OriginalReply0
MEVHunterZhangvip
· 01-08 09:45
Wow, 800U to liquidation. This roller coaster ride is truly exciting. To be honest, meme coins are just gambler's games; we retail investors are always a beat behind the whales.
View OriginalReply0
AirdropworkerZhangvip
· 01-08 09:36
800U to direct liquidation, this pace is truly incredible, really a roller coaster... DOGE is just like that, one tweet can wipe you out, there's no way to defend against it.
View OriginalReply0
hodl_therapistvip
· 01-08 09:35
800u to direct liquidation, is this how DOGE teaches me to be a person... Anyway, I now just avoid meme coins, I'm exhausted.
View OriginalReply0
ClassicDumpstervip
· 01-08 09:34
800U to liquidation, this is what DOGE has taught me... Speaking of which, small investors really can't compete with whales; the information gap is just too big.
View OriginalReply0
ForkThisDAOvip
· 01-08 09:32
800U to liquidation, I am damn well the one who got harvested, and now I'm still reflecting on life.
View OriginalReply0
DegenWhisperervip
· 01-08 09:24
800U to liquidation, I really am stunned by this move. Meme coins are just gambling, no one can escape.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)