DOGE: Summary of Discussions in Shuqin's Mute Group (22:00:09 ~ 23:00:09)

1. Current Recommended Direction DOGE is a cryptocurrency that is "barely" worth buy the dips. It is recommended to wait for a significant pullback in Bitcoin before entering the market. Chasing the price upwards at this stage is not advised. The statement that "only the leading on-chain meme can survive to the next cycle" suggests that DOGE has some resilience, but caution is advised during a bear market and heavy investment is not recommended. It is better to "wait for a pullback" and "test the waters" to build a position. 2. Position and Risk Management Recommendations: It is suggested that when Bitcoin falls to the 55,000-60,000 range, half of the planned investment amount can be used to buy DOGE with a larger position. If Bitcoin falls to the 40,000 range, a full-position (All In) spot holding can be considered. The overall position adopts a phased averaging strategy, starting with a small position through dollar-cost averaging, and gradually increasing the position based on BTC price milestones. Specific profit-taking and stop-loss points are not mentioned, but the emphasis is on bottom-fishing and long-term holding. 3. This trading strategy is suitable for stable medium-term trend investing, emphasizing bottom-fishing during bear markets and asset stability, while avoiding aggressive short-term speculation. It stresses "buying stable assets during bear markets," and discourages quick in-and-out trades or chasing highs and lows. It is best to patiently wait for a catalyst like Bitcoin-driven market rebound before gradually entering the market.