💡 Mindset to go from 1 SOL to 100 SOL in different stages:
0 - 1 SOL:
•Focus on trades on Pumpfun, and sell when about to be listed or just listed on Raydium.
•Allocate only 0.1 SOL per trade.
•Target profits of x2 - x5 and lock in gains.
•At this stage, prioritize small but secure profits.
1 - 10 SOL:
•Look for trades with potential for x3 - x10 returns.
•Allocate capital wisely (set aside 1-2 SOL for high-risk trades, and the rest for longer-term, potential trades).
•Do not place more than 30% of your portfolio in one trade.
•Focus on achieving x2, securing the initial investment, and holding the profits.
10 - 100 SOL:
•Start allocating around 20% of your portfolio to top meme coins for more safety.
•Choose meme coins with strong fundamentals (Social, Onchain) but undervalued.
•Follow and invest in trending narratives with good trading volume.
•Be patient!
Advice: In the initial phase, focus on surviving and learning. Once you find your advantage and build more capital, that’s when you can take bigger risks to aim for x100 or even x1000.