

How to choose Bitcoin, Ethereum, Dogecoin? The three major currencies that retail investors must understand before investing
Jul 09, 2025 pm 08:27 PMIn the virtual asset market, Bitcoin, Ethereum and Dogecoin are the three most common mainstream currencies, and many new retail investors are often confused when faced with these three. This article will compare and analyze technical characteristics, application scenarios, market performance, development ecology and community support, etc., to help investors understand the differences between these three currencies more clearly and make more appropriate choices.
Recommended official website registration address of mainstream cryptocurrency exchange in 2025:
Ouyi OKX:
Binance Binance :
Gateio Sesame Opening :
Huobi htx: [
1. Technical characteristics and positioning
Bitcoin (BTC) is the first blockchain asset. Its main function is to be a decentralized digital value storage tool. It has the characteristics of an issuance cap of 21 million and has strong anti-inflation attributes. Ethereum (ETH) is a more functional smart contract platform that allows developers to deploy decentralized applications (DApps) on their chains, making them more technically scalable. Dogecoin (DOGE) was originally a meme project, but its market value has risen rapidly in the short term due to community-driven and online dissemination. Its technical foundation is derived from Litecoin and has relatively fast transaction speeds.
2. Application scenarios and ecology
Bitcoin is mainly used as a digital asset for value transfer and long-term storage, and is suitable for the positioning of "digital gold". Ethereum supports smart contracts and is widely used in DeFi, NFT and DAO fields, forming a strong developer ecosystem. Although Dogecoin is technically simple, it is widely used in small rewards and social communication, and relies on the power of the community to maintain popularity.
3. Market fluctuations and risks
Bitcoin has relatively low volatility and is the most favored crypto asset of traditional institutions. Ethereum benefits from ecological development, with higher volatility than Bitcoin but has growth potential. Dogecoin is highly dependent on social media sentiment, with the greatest volatility, strong speculation and high risk.
4. Community support and maintenance activity
Bitcoin development is more conservative, and the community focuses on security and stability; Ethereum is updated frequently, such as mergers and upgrades, Gas optimization, etc., and community developers are active; Dogecoin technology is updated slowly, but the community is active, which is greatly affected by the celebrity effect.
5. Suitable types of investors
If you prefer stable and long-term storage, it is recommended to pay attention to Bitcoin ; if you are optimistic about blockchain applications and innovation ecosystems, you can consider Ethereum ; if you are willing to participate in investments with high volatility markets and entertainment attributes, you can try Dogecoin , but you need to pay attention to controlling risks.
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