I started with just $100 trading memecoins/altcoins, and six months later, I’m sitting on over $90,000! With persistence and learning, I’ve unlocked the secrets to cryptocurrency trading success. Here’s how you can do it too 🧵👇
1️⃣ Choose the Right Narrative:
- Focus on Altcoins/Shitcoins: Forget 100x returns on Bitcoin; the real growth lies in lesser-known coins.
- Patience Pays Off: Choose wisely and be patient to see significant returns.
2️⃣ My Trading System:
- Market Psychology & Emotions
- Finding Undervalued Projects
- Following Insider Wallets
3️⃣ Emotions in the Cryptocurrency Market:
- Cyclical Nature: The market’s driven by retail trader emotions.
- Stress-Free Investment: Never invest amounts that cause emotional stress.
- Stick to Your Plan: Most sell during fear—profit by sticking to your strategy.
4️⃣ Finding Undervalued Assets:
- Use @CoinMarketCap & @coingecko to pick 20-30 promising tokens.
- Conduct a thorough analysis.
5️⃣ Analyzing Project Smart Contracts:
- Use these tools:
- SOL: rugcheck.xyz
- EVM: coinscan.com
- Safety First: Always verify smart contracts before purchasing any token.
6️⃣ Checking Project Tokenomics:
- Use @Token_Unlocks & @VestLab to verify:
- Investor price vs. current price
- Token distribution in the community
- Locked tokens of investors
7️⃣ Insider Wallets:
- Follow the Pros: Insider trading is about following profitable traders.
- Tools:
- @dexscreener: Go to popular tokens, click on "Top Traders," and look for large early purchases.
- @CieloFinance: Analyze the wallet's success rate and overall profitability.
This is the foundation of trading in the crypto world. If you follow these steps, you'll be on the path to success. 💸
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