Investment Guide to Dogecoin: Starting from Scratch to Make Big Money
Meme coins are booming, and there are countless people who have gone from nothing to wealth. Do you want to make big money in the Dogecoin meme space? Don't worry, here's a comprehensive guide that covers logic, tools, screening, trading, and more, ensuring that even beginners can quickly get started. 1. What is Dogecoin? Dogecoin, simply put, refers to those tokens that initially seemed meaningless but skyrocketed in price as their popularity surged. Tokens like shib, doge, PEPE, and wif may have started as jokes or memes, but as people rush to buy, their prices soar. 2. Where to Find Dogecoin? Ethereum chain, Base, Solana, BSC, Sui, and other chains are gathering places for Dogecoin.
3. Tools to Discover Dogecoin Tools like Pepeboost, OKX Meme Coin Hunter, Cryptohunt, and Memego can help you discover early Dogecoin projects.
4. Tracking Smart Money Tools like GMGN, Debank, Arkham, and Zapper can help you track the holdings of Dogecoin, including smart money and new wallets.
5. Trading Tools Platforms like Phantom, Pump.fun, and Moonshot are great places to trade Dogecoin. Additionally, AI tools like Logearn, Alpha Token, and Dbotx help you trade easily.
6. Security Tools Tools like Token Sniffer, Go Plus, and Scam Sniffer can help you detect token risks and prevent phishing and malware attacks.
7. Screening Techniques Check Wallets: Look for wallets that have just been created and recently transferred funds from exchanges. Check Holders: The top 10 wallets should not hold more than 3% of the tokens. Check Comments: Real feedback from old wallets is usually a good signal. Observe Purchases: Frequent small purchases may be a warning sign, while rare large purchases are usually safe. Avoid Traps: Use tools like Solscan to monitor suspicious activities.
8. Special Reminder Countless Dogecoins appear every day, but 99% are “scam coins.” Keep the risks in mind and do your own research (DYOR). Do not become emotionally attached to the Dogecoin you buy; maintain rational investment. Follow this guide, and you'll be able to make a fortune in the Dogecoin space!
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Now Lao Ma often calls the dog Bi, but there is no motivation. It gets hard for a while and then becomes soft. I think of an allusion: The wolf is coming. When no one believes it, it really gets hard. After all, foreigners are good at applying Chinese allusions [sinister] [sinister]
The logic of the rise of popular sectors in the current bull market
Recently, the sectors in the fields of financial decentralization (DeFi) and payment have continued to heat up and become stars in the market. For two consecutive weeks, the names of DeFi projects such as AAVE, LDO, CRV, SUSHI and COW have frequently appeared on the list of gainers. At the same time, payment applications such as XRP have also begun to rise steadily.
At the same time, the combination of real-world assets and cryptocurrencies has also become a new favorite in the market. Sectors represented by RSR, ONDO, etc. have begun to be favored by investors and have shown an upward trend. This trend shows that investors are beginning to turn their attention to projects that can closely combine traditional assets with the crypto world.
Next, the staking and re-staking fields have also ushered in development opportunities. As leaders in this field, projects such as LDO and ENA have attracted a large number of capital inflows seeking high-yield and safe investment channels after interest rate cuts. With the price fluctuations of mainstream cryptocurrencies such as Bitcoin, investors are more inclined to choose projects that can provide stable staking returns. Finally, on-chain games (chain games) and MEME sectors have also begun to gradually emerge and become potential stocks in the closing stage of the market. Although these sectors may have been relatively unpopular before, they are expected to usher in a wave of compensatory gains driven by the bull market.
In summary, the logic of the rise of hot sectors in the current bull market is clear. DeFi and payment sectors took the lead, followed by the combination of real-world assets and cryptocurrencies. The pledge and re-pledge sectors have become new directions for funds, while blockchain games and MEME sectors are expected to become the market's closing highlights.
Today, 1/3/5 on the Changfu list are all recommended to be held. Currently, Changfu: sui108% sushi32% aave165% And previously recommended around xrp0.6, now at 2.45, with a peak of about 360% And so on. The bull market is still here, it's just that the fluctuations are large. Those who are not sure either sell too early or are afraid to buy at a high without a trading strategy. In the cycle of bulls and bears, if you don't seize the opportunity now, you'll have to wait another cycle. This is the only way for ordinary people to cross classes. All steps have issued statements refusing to accept hindsight criticism, and long-time followers know that photo editing does not exist, as you can check the historical records after joining us. #SUI #AAVE #XRP
Those who have been following for a long time are already at two BGB.
Whether it’s HeYue or XianHuo, there are shares made. To be honest, this circle is quite deep; if you still think there are so-called KOLs with no risk in the market, you should be careful, as there are those who cannot turn things around.
Returning to the main topic BGB may have a wave of washing soon; if you hold on, there should be at least three B after the wash.
Those who have been following for a long time are already at two BGB.
Whether it’s HeYue or XianHuo, there are shares made. To be honest, this circle is quite deep; if you still think there are so-called KOLs with no risk in the market, you should be careful, as there are those who cannot turn things around.
Returning to the main topic BGB may have a wave of washing soon; if you hold on, there should be at least three B after the wash.
In trading, remember not to take risks by chasing left-side orders; the key is to steadily follow the right-side trend. When operating, prefer higher time frame candlestick charts; larger time frames reduce fluctuations and help with trend-following operations. Before trading, first look at the four-hour and daily charts to determine the major trend. If both indicate a bullish trend, focus on long positions and treat short positions as supplementary, controlling the risk-reward ratio. Then use the one-hour chart to find breakout points, set alarms, and allocate positions according to the long-short ratio, boldly increasing positions during bullish breakouts.
Regarding stop-loss, in the case of false breakouts where the signal is invalid, set stop-losses using the 30-minute and one-hour candlesticks. If the 30-minute chart shows a loss of 30%, and the one-hour chart shows a total loss, then manage accordingly. The risk-reward ratio is more important than the win rate; small stop-losses control losses, and stop-loss discipline must be strict.
For counter-trend positions, such as short positions, operate cautiously, entering only when it aligns with breakout logic. Take profits at 6 points to close half, and at 8 points to close all, prioritizing safety. Stop-losses should follow the same principle: keep positions light and ensure painless stop-losses.
For taking profits, with large positions in a major uptrend, take 10% profit to close half first, and for the remaining position, close at turning points on the 30-minute and one-hour charts. Close 15% and 30% at turning points, and if no turning point occurs, hold the position to avoid misjudging market sentiment and missing out on significant profits. Trading requires a steady mindset, controlling the risk-reward ratio.
Even experts, like those who profit tens of thousands of times, follow this principle, but pay more attention to short-term trading, using the 15K and 5K charts. Although the win rate is not high, the risk-reward ratio is well controlled, leading to substantial profits. Remember, adding to losing positions is a major taboo; do not rush for quick gains.
The Spring Festival is approaching, wishing everyone a prosperous year ahead.
As the Spring Festival draws near, the Bitcoin market is also facing its 'small test' with increased price volatility. Investors are busy cashing out, but expectations for a bull market are still rising. This is a contest between risk and reward, where we must pursue maximum profits while being vigilant about potential losses to protect our investment gains. Did you know? Elon Musk's companies have also joined the 'hoarding army' of Bitcoin. Tesla and SpaceX hold Bitcoin worth approximately 1.17 billion and 842 million dollars respectively, totaling over 2 billion dollars. The average purchase price of these Bitcoins was only 34,980 dollars each, and so far they have brought about 1.3 billion dollars in profit to Musk's companies, an increase of up to 186%!
Interpretation of Recent Bitcoin Trends Recently, the 'big players' in the Bitcoin market have been making a fortune, but the flow of funds is not stable. It is expected that the market will be relatively calm this weekend, with little volatility. Bitcoin is currently in a sensitive position, with a resistance level around 101,500 dollars above, and two support levels below, at approximately 97,500 dollars and 95,000 dollars. Analysis of Ethereum and Other Small Cryptocurrencies The price of Ethereum is getting closer to the 4,000 dollar mark; is this the frenzy of a bull market or the last wave of a fish tail trend?
Ethereum has risen to around the expected 4,000 dollars, even breaking through to a high of 4,100 dollars. However, the market needs a slight adjustment; the pressure for this week has already emerged, and it might pull back to the support level near 3,890 dollars. At the same time, there is also some resistance around 4,025 dollars. In the short term, the increase in Ethereum has been quite substantial, and the pressure for further gains is significant. We need to pay attention to the support levels around 3,900 dollars and 3,850 dollars, as well as the resistance levels around 4,030-4,010 dollars. If the price touches these resistance levels, it may be wise to consider reducing positions or shorting.
As the Spring Festival approaches, everyone must remember the importance of risk awareness, ensuring that there are enough funds for the New Year. At the same time, when participating in contracts and leveraged trading, it is crucial to control risk and protect our principal.
Ethereum successfully reached 4000, just as expected, the deviation is on Bitcoin, missing the drama of clearing leverage with up and down wicks #BTC #ETH
Reshaping XRP: The rebirth of the old digital currency XRP has soared from $0.5 to $2.5, an astonishing increase of 390%. It has not only successfully recovered the lost ground during the bull market in 2021, but also broke through the opening price of the two major exchanges in one fell swoop, and is steadily moving towards the historical high of $3.84 in January 2018. From the daily K-line chart of XRP, we can clearly see that this wave of upward momentum is as fierce as an unstoppable bulldozer, moving forward. There was almost no callback during the period, and even a short rest did not cause a significant drop in prices.
This wave of strong performance of XRP has made the originally insurmountable level of $0.00 to $1 no longer so out of reach, and it has also set a positive example for many bottom digital currencies. Under the leadership of XRP, the old digital currencies ADA, XLM, and EOS have followed suit, and even the always stable Dogecoin and SHIB can't hold back their excitement, and the new currency is even more comparable. So, where does this wave of magic of XRP come from? Is it the long-accumulated energy that has finally been released, or is it just to harvest a wave of markets as soon as possible to deal with the fines from the U.S. Securities and Exchange Commission (SEC)?
Looking back at the background of XRP, it is not difficult to find that it actually has a grand vision. As early as 2004, the decentralized payment system RipplePay had already taken shape. It was not until December 2012 that the XRP token was officially launched. In May 2017, Ripple surpassed Ethereum in one fell swoop and became the world's second largest cryptocurrency with a total market value of US$8.5 billion. However, the good times did not last long. In December 2020, the SEC launched an investigation into Ripple on the grounds that it sold illegal securities XRP and planned to impose a fine. Since then, XRP has been silent. In April 2021, XRP briefly recovered under the influence of the remaining heat of the bull market, but then fell into a three-and-a-half-year slumber. However, during this time, Ripple did not sit idly by. On the one hand, they used the news of the SEC investigation to clean up the market; on the other hand, they actively lobbied to reduce the fine. In the end, their efforts paid off, and the fine that could have been as high as $2 billion was eventually reduced to $125 million. With the new government taking office after the US election, XRP may really be able to say goodbye to the past and usher in a brand new beginning.
Bitcoin has broken through 100,000 USD, and the focus is no longer on Bitcoin. We should shift our attention to Ethereum and various altcoins. As long as you buy on dips without any doubts, it’s not a problem for Bitcoin to touch 110,000 USD tonight, and Ethereum should rebound to 46,000 this week. After the market frenzy, there will be a drop in late January to clear leverage, and after some volatility, we will welcome a new surge at the end of January. In recent years, the pattern is clear: October and November are often bull markets, while February and March are usually small bull markets. Other months tend to see declines or fluctuations. To make money, the key is to seize the timing of the upward movements. Here are a few key points to know:
1: The exchange rate of Ethereum to Bitcoin is still at a low level, and the season for altcoins is not over yet, especially in February and March; we need to keep a close watch.
2: The Federal Reserve's Musalem has stated that interest rate cuts may not happen on December 17 and 18, which is not good news for us.
3: Powell will also speak early Thursday morning, so friends doing short-term trading need to stay alert; the market may have significant movements.
4: The indicators for altcoins have already exploded. The top 100 cryptocurrencies by market capitalization are rising even faster than Bitcoin, and the altcoin season has just begun, similar to September 2022.
There is currently an opportunity of 1sol=1000sol; let’s see if everyone can seize it.
When 2.0 was minted on the Ethereum chain, it cost around $20 to mint once. I saw it early, minted 3 times, and airdropped 1 million tokens, which were only worth $2 at the time. As a result, in 5 days, it increased to a value of $30,000.
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The big pancake breaks 100k, new opportunities arise, Xiao Cang seeks high multiple returns
Those who have experienced the 1.0 and 2.0 mint airdrops know the starting point is tens of thousands or even hundreds of thousands
Currently, the 3.0 launch is a good opportunity, in a colorful p form can mint. I minted 2 sol, not to say 15,000 times again, 1,000 times is enough, capped at 2 sol. Don't forget to claim your coins later if you participated, or it will be for nothing. I forgot to claim the previous 2.0 and missed out on a billion, damn it.
The big pancake breaks 100k, new opportunities arise, Xiao Cang seeks high multiple returns
Those who have experienced the 1.0 and 2.0 mint airdrops know the starting point is tens of thousands or even hundreds of thousands
Currently, the 3.0 launch is a good opportunity, in a colorful p form can mint. I minted 2 sol, not to say 15,000 times again, 1,000 times is enough, capped at 2 sol. Don't forget to claim your coins later if you participated, or it will be for nothing. I forgot to claim the previous 2.0 and missed out on a billion, damn it.
The big pancake breaks 100k, new opportunities arise, Xiao Cang seeks high multiple returns
Those who have experienced the 1.0 and 2.0 mint airdrops know the starting point is tens of thousands or even hundreds of thousands
Currently, the 3.0 launch is a good opportunity, in a colorful p form can mint. I minted 2 sol, not to say 15,000 times again, 1,000 times is enough, capped at 2 sol. Don't forget to claim your coins later if you participated, or it will be for nothing. I forgot to claim the previous 2.0 and missed out on a billion, damn it.