Dogecoin is priced around 0.25, ranging from 0.35 to 0.2. I think the fluctuations in this range are healthy trends, because the last round of Dogecoin outbreak attracted a large number of new funds to enter the market, which requires some time to digest. It can also be understood as washing out the unsteady holders. Then the way to wash the market is to follow the market to fluctuate widely.

Of course, the fluctuation range of Dogecoin will be much larger than that of BTC and ETH. This is also the characteristic of small cottage MEME coins, and it is also unavoidable. Many fans and friends are currently trapped in a situation of entering the market at a high position. My operation suggestions are:

If Dogecoin currently accounts for less than 50% of your total position, then I do not recommend you to cut your losses and leave the market now. You can wait for Dogecoin to further pull back to around 0.25 to increase your position and lower the average price. This is conducive to better recovery and profit. Everyone must remember that when the spot is not certain and the position is not very advantageous, it must be entered in batches, so that you can buy at a relatively low position!

If you are currently fully invested in Dogecoin or close to fully invested (accounting for 70% to 80%), and the entry point is far away now, it is difficult to return to the cost position without the support of good news in the short term. Then I suggest that you can reduce your position appropriately every time it rebounds. Reducing your position does not mean that you are not optimistic about the future of Dogecoin, but that your position is all occupied by Dogecoin. Then the next bull market will break out and the copycats will fly everywhere, which may have nothing to do with you. You may only return to your cost position and make a small profit.

Everyone comes to the currency circle for one purpose, that is, to make money and cash out. So everyone should be smarter and maximize the use of their funds. Don't hang yourself on a tree. Sometimes cutting off your arm to survive is also a kind of wisdom. Everyone should spend more time to learn the correct way to play contracts and spot, and don't enter the market blindly!