$PEPE $WIF How to avoid getting scammed while trading memecoins/sh*tcoins.
- Check to see if freeze authority is still enabled. If it is then the tokens can be frozen and prevented from trading in the future. - Check the wallet distribution or who the top holders are with how much percent ownership. - Check if the LP is locked. dont buy coins if the LP is unlocked. - Always check the socials like telegram and X of the project and see how much hype it has got. Remember memecoins are all about the hype.
Imagine you're holding a Sol token worth $100 - a golden ticket. Now, two paths unfold before you:Path 1: The ETF Passes, and Sol SoarsThe ETF gets the green light, and Sol's price rockets up by 15%.Your golden ticket just got upgraded to a VIP pass—you're now $15 richer!Path 2: The ETF Doesn't Pass, and Sol StumblesThe ETF gets a thumbs down, and Sol dips 15%.Your golden ticket loses some of its luster, and you're down $15.But here's the secret to staying on top, no matter which path the market takes:Secure Your Position with a Safety NetWhile holding your Sol token, invest in a Put option for around $5. Think of it as insurance for your golden ticket.(This Put option acts as a buffer against price drops of 10-15%).Sol Goes South:If Sol's price drops 15%, your Put option swoops in, saving the day with a $10 profit (a 100% return on that $5 investment!).Sol Rises:In case the price increases by 15%, you accept a profit reduction of $115 - $5 = $10The special point here: you will not be able to lose money in this case!#BTC #etf #RiskManagement #Solana-SOL #Apexcryptowatch
What are shitcoins/memecoins?The best way to describe it is that its a ponzi that can make you rich. No sugarcoating facts. Its literally a gamble. So if continue reading this remember, these are not solid investments but have a high chance of making your bag moon or get it rekt.Where can i look for Shitcoins/Memecoins?Websites like Dexscreener, Birdeye, various channels on Telegram.What Should i be careful of before i buy any?1) Check if liquidity is locked2) Check if the contract is renounced3) Use sites like Rugchecker to see if its a legit coin with no hidden functions.4) Check to see if the project has a Website, Twitter handle and Telegram.5) Never fully ape. The chart can at any point go in any direction. 6) Profit is profit. Never FOMO if you see it pump more. Thats how you get rekt .Happy hunting and love to you fam ❤️ #BONK #memecoins #shitcoins #microcaps #degentrading
Greetings, So you must have heard about Bonk when in launched on Binance. now heres another token thats attached with it.
It's called Bonk Earn. BERN is a Token2022. Which means it has a buy and sell tax which it uses to redistribute to users and burn BONK tokens.
Now this is where it got my interest. It is the first of its kind on solana chain (I love first movers). And while at face value it may seem one of the more simple extensions, it enables a whole new workflow for token ownership.
Pros- 1) First mover on solana 2) potential future airdrops 3) passive income on the taxes depending on your bag
Cons- 1) price instability (its already done 100x) 2) small bags get small rewards so sometimes might not be worth the risk.
My job is to give you guys the info. your job is due diligence. Happy printing.
Hello crypto people. welcome to my square channel. I understand that there are a lot of new people to crypto hanging around in binance. Many would like to know in depth knowledge of how to interact with various ecosystems, legit and shitcoins, before they are.launched on Binance. thats what im here for. To keep learning and keep sharing. stay tuned. Love to the fam ❤️