If you want to earn dozens of times the profit, you must first be able to bear the loss of the principal or even zero.
If you want to earn dozens of times or even hundreds of times the profit, you must first be able to bear the loss of half of the principal invested in Meme coins or even zero. Admittedly, with the listing of ACT and PNUT spot on Binance this week, their prices are unstoppable like "taking a rocket", but they experienced many surges and plunges in the early days of listing. ACT was once criticized as "pseudo AI" and "conspiracy group coin".
In a sense, buying and selling popular Meme coins on the chain is like opening a contract in an exchange, and the invested funds may surge or plummet at any time. Therefore, "controlling positions" and "doubling the capital" are good practical strategies.
In addition, holding Meme and being able to make money continuously must accept the first thing you need to do, that is, accept the concept of "selling and earning forever", and don't be affected by the myth of getting rich in social media, or even anxious. For example, ACT developer AMP previously stated on the X platform that it had distributed, burned or sold all ACT tokens, but did not want ACT to be listed on CEX. In the following days, ACT was listed on Binance, and its price increased by more than 20 times in one day. Therefore, "selling out" is bound to happen. Don't doubt yourself too much, adjust your strategy, and look for the next target
