"Day trading" is friggin' hard work if you ask me, and if you are not careful a one-way ticket to getting rekt. - - - To have something and HODL it on the other hand is a different matter.
Am currently HODL'ing a few different tokens. Have sold enough of them to cover all of my acquisition costs and network fees, so that none of the remaining tokens have cost me anything and owe me nothing.
Basic current strategy is to wait for this bull-run to pass, and the following bear-run. At some point in the next bull-run (who knows, maybe 3 or 4 years yet) I'll be looking to retire, and whilst I'd like the $ prices to be as high as possible, at least every penny will be a penny profit.
Meanwhile, when people offer me free tokens, I tend to take them - - - who knows, they might be worth something someday and if they aren't eating and drinking anything then no-harm no-foul. (Good examples of that would be UNI and 1INCH).
If anyone here is holding anything on the Ethereum chain, keep an eye out for "Pulse". Ethereum will be hard-forked soon so that means you will get a mirror image 1-for-1 of whatever you already have (provided that they are held in a non-custodial wallet).
For me, HEX has probably been the best performing thing I have ever done in my life. Acquire, Stake, sit-back and watch the interest roll-in and the price go up. (price up 500x in the past year or so plus interest running at about 38% APY), and you know what, it's only just getting started.
As for DOGE - get your timing right and you may well get a right result. When all said and done, it was created as a joke and is a $h1t-coin. However, blokes like Elon and the power of the twitterati are an influence that somehow manages to build interest and temporary momentum. If you do it then just make sure that you have a timely and easy exit route and let some mug take the drop.
As
@synsung says - not financial advice