21 Rules of Meme
1. Narrative first, community second, luck third.
2. After the establishment of the track, 80% of positions and energy should be focused on the leaders, using the profits from the leaders to invest in smaller projects, don't lose sight of the main goal. 3. Even for major players, most will experience more than a 50% major pullback. 4. Buying during FOMO is wrong 90% of the time (refer to the previous point), this not only raises your cost but also increases the difficulty of holding onto good projects. 5. In rare extreme cases, such as a new listing on Binance or when Musk calls it out, when the logic of a coin changes completely, you should boldly chase high after understanding it. 6. When major events occur, major players will emerge, don’t be skeptical. 7. Organizing and maintaining your smart money list is tough, but it’s crucial for guiding your investment decisions. 8. Be clear about what you want to achieve, focus on doing it well, and don’t covet what others have, like impulsively trying to learn someone's inner market strategies. 9. There is too much anxiety spread online, with people promising 100x or 200x daily, then selling tools for a few hundred bucks; even if it’s real, there's no need to envy, others may win the lottery, but you still have to live your own life. 10. If you buy a meme coin that you believe will perform well in the medium to long term, you need to learn to let it grow for a while; AMM mechanisms will cause prices to fluctuate, making it easy to get shaken out. 11. If you buy a meme coin you only expect short-term gains from, you need to monitor it closely; you could miss out on significant changes in half an hour. 12. If one of your coins has dropped 80% or 90%, don't sell it off; many people have a fixation on cleanliness, so move it to a wallet dedicated to holding junk, and check in occasionally, you might find a surprise. 13. Trading memes requires much more time investment than in secondary markets; faster updates, more information, and more aggressive market-making mean you can't afford to be lazy with meme trading. 14. Tools are very important; at a minimum, they should include: analyzing chip distribution, maintaining smart wallets, fast buying and selling, limit trading, pump.fun dashboards, and hot tokens. 15. Currently, the Meme market has one stone, with Sol taking eight parts, and ETH and BASE sharing two parts; as for other emerging memes, their popularity generally lasts less than a week. 16. Try to transform yourself into an altruist; most people would rather lose money together than see others earn more than themselves. The meme world plays out countless wealth myths daily, and if you don't change your character, it can be very frustrating. 17. You must plan before taking action; don’t trust your intuition too much. Following your instincts can easily lead you into traps set by others. 18. Currently, many things in the crypto space have been debunked, but even gambling requires skill; be calm, and don't rely on luck to gamble. If you start developing a gambler's mentality, you will likely end up losing money. 19. Following the right people is important; several versions of the story say everything rises, and you have to give them credit. 20. If possible, gather a few like-minded friends to form a war room to analyze and discuss together. Trading alone can make you miss opportunities or not hold onto positions. 21. The logic of memes has changed in this bull market; it will last throughout this entire bull market, and we are currently only in the midst of it, so it’s not too late to start now.