How to hit the golden dog?
First of all, it is challenging; there needs to be a good emotional environment, meaning the market must be good. If the market is as sluggish as it has been in the past few months, chasing after shitcoins and playing memes will most likely result in losses.
1) Only when the market is good can memes have a basis for speculation.
Next is the narrative; there must be a good narrative.
Novelty always plays a major role in meme narratives, such as new IP images like the previous frog, goose, hippo, etc., strange expressions, special cultures, etc., all belong to this logic.
2) Good background connections, institutions or high-weight OGs
These are all core driving paths for the golden dog; influence is built up by people and institutions with high weight.
3) Follow market sentiment:
The premise for the golden dog is that it must rise to the point where everyone in the circle knows about it.
When everyone is FOMOing, it is basically the short-term peak.
Improve your understanding, such as using tools to collect information, quickly engage with MEME, learn to review the safety of contracts and mechanisms.
Finally, based on your own funds, rationally allocate the proportion of memes, protect your principal profit, etc.
3) Luck:
Luck must be greater than everything.
Because the probability of making money in the short term by speculating on a meme coin is relatively high. But if you want to gamble on Binance and become a big golden dog, then luck and persistence are required.
But the premise of all this is that the meme's narrative must be good and be the core focus of the market.
When facing novel MEMEs and seeing a trend of discussion spreading in the market, immediately intervene to try and error; buy first and then study in detail.
