Memecoin Master Class: Turning 300 Thousand Dollars into 2 Million Dollars in 3 Months đ
đ° To many, shitcoins may seem like gambling, but if you master the art, it can be the most profitable way to earn in crypto. All you need is to learn to distinguish real đ's from fake đŠ's.đ¨ Remember these rules before diving:
There is no stop loss, only invest as much as you can afford to lose. Always have a goal and cash out when you reach your goal. Never invest all your money in a single coin.
đ Here's the guide to navigating the memecoin world:
1/ Finding the Right Tokens:
Go to @dexscreener.Select SOL or any chain you prefer.Look for tokens with medium-low MC.Look for meme/shit tokens with interesting ideas.
đ How to Buy:Always minimize gas fees, especially with a small portfolio. SOL is recommended due to crazy liquidity.
đĄ Important Factors to Consider:
AtmosphereIntroducing influencers
Amount of liquidity on CEX listingschain
đ Check the Agreement:
Verify maximum wallet and transaction amounts. Make sure the contract is terminated. Check LP lock details.
đ¤ Check Owners:No single wallet should hold a large portion of the total supply. Team wallets may hold tokens for tokenomic purposes. Question large percentages in wallets.
2/ ⎠Avoid Trading on DEXs:
Trading on DEXs may be slow and prices may be negative.
3/ ⎠Join a Community and Connect with Influencers:
Finding a community and connecting with influencers is vital, especially in the early stages.
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