🧵 I used a new secret strategy for #Memecoins🤑🤑 trading...
Result? I earned $20,000 in a week trading memecoins! 🎉
You don't need to be a super genius; any degen can do it. Forget about past strategies, because this is about to get serious 👇
Why Memecoins?
Everyone knows that memecoins are a strong narrative for making easy money. Nowadays, the market offers a lot of opportunities for every degenerate to make money.
I'm here to share my strategy, with which I made over $40,000 in 2 weeks.
The Strategy: Day Trading
Day trading involves opening and closing positions within one day. You don't need to be a genius to figure it out, and I'm here to help you.
Steps to Follow:
1. Find a Suitable Token:
- Head to: dexscreener
- Set up the following filters:
- MCAP > $50M
- Daily volume > $1,000,000
2. Select a Token:
- Look for tokens that have had impulsive movements:
- Tokens that have fallen or risen sharply tend to make a pullback in the opposite direction, and we make money on that!
3. Check the Smart Contract:
- Protect yourself from scams:
- Go to rugcheck
- Enter the CA of the selected token
- Check the metrics
- Look for contracts marked as “Good”.
4. Analyze the Project’s Twitter Feed:
- Navigate to: TweetScout_io
- Enter the memecoin’s Twitter handle
- Check the community and influencers in the subscriptions:
- The more influencers a project has, the more likely it is to succeed.
5. Configure Your Trading Bot:
- Personally, I use bonkbot_io because it’s more efficient.
- Setup:
- Auto buy: Enabled
- Slippage: 30%
- Price impact: 50%
- Transaction priority: Very High
Note:
Most successful setup join: https://bitly.cx/BmLHk