Doge is a meme coin without any strong use case, its price is usually driven by the tweets of Elon Musk, you can make profit in it if you are skilled in Technical analysis and understand Money and Risk management very well otherwise avoid taking risk in such Pump and Dump coins and invest your hard earned money in good projects like, Bitcoin, Ethereum, Solana , Luna, ADA and DOT.
Very well said, Doge and projects like Shib, who are dependent on someone to make tweets for them to grow should be avoided. This could be lucrative but in the long run you might end up loosing big.. Always go with research and analysis,. if your analysis and research shows positive signs for a project then follow it instead of following a tweet..
Well, i have been following Doge for a while now.. i have made money in it, and lost money in it.. and just like you, i also tried to do the promotion when i used to invest in some coin trying to create a buzz about it but it never worked, the crypto market is not dependent on these kind of tricks, atleast if those promoters are not a very known person,. but yes, guys like jeff bezos, elon musk, bill gates, can impact on some certain coin for a few times but in the long run, the project with quality and proper usage are going to out run tweet-dependent projects.. but yes, if you have some research about a project and u feel good about it, then u definately should go for it. This is crypto world and anything can happen here. So yes, trust your instincts
Trader or investor?
Agar to trader hen to tweet kaa khayal rakhen or future trading par buy ki entry len according to the tweet agar to tweet sell par mabni h to sell ki jiye... Or apna profit book kar k sukun s bahir nikal aen?
Or agar investor hen to utna invest karen jis k khony kaa gham naa ho... Or project dekh k like doge elon musk is ko promote kar raha h to dekh k invest karen or bhul jaen k ap n koi coin buy kiya tha... It will give you responce after some years...
So always think that what you are.? Than go ahead.