Many believe that crypto success hinges on finding the right coins or strategies, but timing your purchase is the real game-changer. Here’s my guide to leveraging @bonkbot_io to achieve 1000x returns on meme coins. 🧵👇
1. Overview of @bonkbot_io
@bonkbot_io is a Telegram bot designed for lightning-fast token purchases on Solana. It allows you to bypass DEX delays and buy tokens right at their launch. Here’s how to use it effectively:
Key Features:
- Direct Blockchain Transactions: Avoid DEX lag.
- Instant Purchases: Buy tokens as soon as they launch.
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2. Setting Up @bonkbot_io
Here's a step-by-step guide to optimize your trading:
- Deposit: Fund your bot to start trading.
- Alerts Section: Track new coin launches and news. Check it several times a day to stay updated.
- Settings Section:
- Slippage: Crucial for launch success. Set between 20-30% to handle price fluctuations.
- Auto Buy: Saves time by purchasing tokens automatically when you input the contract address. Recommended: Enable Autobuy and set your amount before the launch.
- Max Price Impact: Ensures transactions are completed even if prices drop. Set between 20-40% to close deals instantly.
- Buy Section:
- Click "Buy": Enter the contract address (CA).
- Auto-Purchase: If enabled, the bot buys tokens for the pre-set amount automatically.
- Sell & Manage Section:
- Monitor Positions: View and manage your current holdings.
- Take Profit: Set your profit-taking points here.
3. Finding New Promising Tokens
Use @dexscreener to discover potential gems. Many use it incorrectly, so check out my detailed guide on maximizing its potential.
4. My Personal Bot Setup
Here's the setup that helped me outperform most traders:
- Auto Buy: Enabled
- Slippage: 30%
- Price Impact: 50%
- Transaction Priority: Very High
This setup has been key in achieving significant returns.