Meme coins can pump in price within hours and crash just as quickly. Always set clear entry and exit points before buying.
Avoid emotional trading, and don’t chase pumps—this is where most traders lose money.
Last year, someone bought a meme coin with $11 and it got to $23,000 and this trader didn’t take any profits, after a few hours, dev minted more tokens and dumped everything
Don’t trade meme coins with emotions or fear
Set clear goals from the beginning, if you want to buy and hold, buy and forget about selling, most meme coins don’t pump immediately, some pump after about 3-7 days before they do 1000% - 10,000%
Some meme coins will do 1,000% and dump down to -92%, if you didn’t take profit at +400%, you will take profit at -88%