If you decide to enter memes, it is important to remember a few rules that will protect your portfolio from large losses.
✔️ Do not invest all your savings in memes, this is too volatile and a risky asset.
✔️ Cash out your profits on time: don’t wait for the project to make 1000x. It is better to wait for the conditional 10x and convert the profit into SOL/stables so as not to lose 70% the next day.
✔️ Choose projects based on their distinctive features:
— Strong community.
— Meta themes (original characters, celebrity animals, nostalgic memes, etc.).
— Abandon beta projects
— Do not invest in new versions of old failed tickers.
✔️ Don't expect every memecoin to reach a market cap of $1 million. Many reach $300-500k and disappear from the market.
✔️ If you have a large share of coins, use JUP DCA to sell over time, rather than in one transaction at once, so as not to spoil the schedule and maximize profits.
✔️ Follow trends and be active in different communities. Connections and knowledge in this market are very important.
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