Has dogecoin ever been consider a real reliable coin?
Dumping at extreme levels
It is a meme coin at its best and was able to survive in cryptoworld because of the loyalists that supported it. It is an "okay-ish" coin when the market is bullish and all is well but when the blood in the streets became prominent because of China FUD, people will undoubtedly sell this coin. It has no real value and no development plan. I must say, it is not good to invest in here when the market is still like this. It's better to stay away from it and let the market recover.
Buying at the bottom levels would be nice in the future but as you can see, the BTC market is still struggling and we still don't know if Dogecoin already hit the bottom. Take appropriate care in trading this coin.