> For the complete documentation index, see [llms.txt](https://dogex-3.gitbook.io/dogex-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dogex-3.gitbook.io/dogex-docs/doge-ing-the-basics-page.md).

# Doge-ing the Basics Page

## Doge-ing the Basics: Your First Steps to Financial Ruin

### What You'll Need

* **A crypto wallet** (MetaMask preferred, but we're flexible)
* **Some USDC** (your soon-to-be-ex-money)
* **Nerves of steel** (or a complete lack of risk awareness)
* **A good therapist** (for post-liquidation blues)

### Opening Your First Position

#### Step 1: Approve Your USDC

Think of this as giving your money permission to bid you farewell.

#### Step 2: Choose Your Adventure

* **Collateral:** 1-1000 USDC (choose wisely, young grasshopper)
* **Position Size:** Determines your leverage (and possible doom)
* **Direction:**
  * **Long** = "DOGE to the moon!"
  * **Short** = "What goes up must come down"

#### Step 3: Send It!

Click that button and watch your money work harder than a beaver on Red Bull.

**Example: The "I'm Feeling Lucky" Trade**

```
// Opening a 50x long position with 10 USDC //
Translation: "I have 10 USDC and a gambling problem"
openPosition(
    ethers.utils.parseUnits("10", 6),   // 10 USDC collateral
    ethers.utils.parseUnits("500", 6),  // 500 USDC position (50x leverage)
    true                                // Long position (bullish on DOGE)
);
```

### Closing Your Position

```
// For when you realize you've made a terrible mistake
closePosition();
```

**Remember:** In crypto, timing is everything. Unfortunately, most of us have the timing of a broken clock.


---

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