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Investing in $PEPE & $DOGE: Not Just Elon Musk's Tweets
Elon Musk is a visionary genius, no doubt about it. I admire him - really, I do! But when it comes to the wild world of meme currencies like $PEPE and Dogecoin, we need to have an honest conversation about where your investment intelligence should really be. It's not Elon's fault when his tweets cause significant fluctuations in the prices of these currencies, but if your investment strategy revolves around his posts, it's time for you to reassess the reality. This is an agreement with $PEPE and $DOGE Elon effect When Elon tweets about meme coins, the market reacts as if it just heard the best news of the century. Prices soar, and for a fleeting moment, you feel like you've struck gold. But remember, this is not due to any profound fundamental change in the value of the coins— it's entirely the hype on social media. Steroid fluctuations ⚡️ Meme cryptocurrencies have long been known for their extreme volatility, and Elon's tweets only add to the unpredictability. If your investment decisions are influenced by his posts, you're not playing a long-term game; you're participating in a high-risk short-term gamble. IQ investment... important If the value of your cryptocurrency assets depends on the social media activities of one person, that is a major warning sign for your investment strategy. Smart investing involves understanding the technology, community, and real-world use cases of an asset—not just waiting for a tweet. Market sentiment vs. reality Elon's tweets can create a wave of excitement like progress, but in reality, it's more like a temporary storm. The real test of any cryptocurrency is how it performs when the social media noise subsides. Elon is not the issue—Your reaction is the issue This is not blaming Elon; he is just being himself, tweeting about what he finds funny or interesting. The problem lies in how we interpret and act upon those tweets. Real investment strategy: Beyond the exaggeration Investigate the basics Consider the basic principles of $PEPE and $DOGE more carefully. Does $PEPE have a development roadmap? Is DOGE advancing towards real-world applications? These are important questions that will guide your decision. Diversification to minimize risks Avoid putting all your eggs in the meme money basket, especially if the value of the basket is tied to someone's Twitter account. Diversifying your investment portfolio can help minimize risks and bring stability. Self-educate yourself 📚 Instead of waiting for Elon's next tweet, use that time to learn about the cryptocurrency market. Understand the technology, trends, and hidden pitfalls. Knowledge is a much more valuable asset than any social media post. Summary If your investment strategy for meme coins like $PEPE or $DOGE is determined by Elon's tweets, you cannot demonstrate wisdom in investing. Essentially, you are acknowledging that your strategy is as shallow as a tweet. While there's nothing wrong with enjoying the thrill of the ride, remember that with your hard-earned money, you want to be the captain of the ship, not just a passenger subject to the captain's whims. DYOR! #Write2Earn #Write&Earn $BTC {spot}(BTCUSDT)