If a golden dog has risen and then pulled back, how can you be sure that it can rise again?
Here is a practical tip
Here is a practical tip
When the price is going sideways and the number of addresses holding coins is increasing, you can buy one by one at the bottom of the sideways range with relative ease. If you are worried about the lack of upward momentum, you can sell directly at the pressure point ahead. In this case, 30%-50% profit is very common, so you should consider the position you can afford based on this part of the profit.
If you can see the address of a large buy order at a key pressure point, it is a new wallet address (created within a few days or even hours, the first batch of coins are transferred from the exchange, and then bought in batches at the pressure point, and you can see multiple wallets doing this, and then the purchased coins are transferred out in batches);
Well, it can be basically confirmed that Zhuang wants to protect this position, so you, smart as you are, already know what to do:)
Study $swag
Memecoin Position Building Course ②
How to filter high-quality gold dogs by wallet address --- taking $swag as an example;
When a Memecoin is still a small-time commodity (pool is less than 15, market cap is less than 1M), you cannot take a large position at once unless you are an insider.
Therefore, if a Bitcoin pool reaches more than 30 eth and the market value is between 1M and 10M, it will give you many opportunities to take certain positions and get a profit of 50M to 100M.
ps: In fact, in all trading models, certainty should be the first priority. Pursuing odds within certainty is a better professional speculation model;
If you see a coin in a 50 eth pool, and you think it has a chance to rise to 150 eth (i.e., a net increase of 100 eth in the pool), then if the pool grows 3 times, the price will increase 9 times, and this is an opportunity you need to seize;
In addition to the previously shared tips on building positions with increasing holding addresses and sideways prices, here is a second practical tip:
By comparing the overlap between the coin holding addresses of the selected coin and another mature Memecoin, you can determine whether the coin in front of you is a Meme culture recognized by a mature community → thus determine whether it can rise;
How to choose between two coins? You can compare them based on the culture of Meme, the characteristics of its dissemination, the cultural temperament conveyed by Meme, or the people in a certain community you can see on Twitter.
Take $swag as an example. From the dominant characteristics of Meme culture and communication (both are glasses), we can first compare it with $mog.
eg：
The 92nd address holding $mog (holding 834 billion $mog, worth 526 eth):
0xeafaa1405a1bac58d2c3dcefe6a07467bcd7febe
Holds 450,000 tokens in $swag, worth 11 eth;
all:
There are 192 addresses that overlap with $swag and $mog, accounting for 9.5% of all $swag holding addresses;
After looking at the overlap data, you will find that there is about 10% overlap of large communities in the early stage. You can basically confirm that as long as the community continues to develop, more communities like $mog will enter $swag;
ps: This is an unsorted version of the overlap ranking;
This comparison will serve as a relatively important resonance indicator, giving me the confidence to buy and hold;
-----
So how do you query and compare the overlap of addresses?
The tutorial is as follows:
Step 1: Open the blockchain browser and enter the coin you want to view (for example, $swag) and select the "holder" tag;
Step 2: Pull the browser to the bottom and click CVS in the lower right corner of the download. The default maximum number of wallet addresses downloaded by Ethereum is 100,000. The wallets downloaded to Excel are sorted in descending order by the number of coins held;
Step 3: Put the wallets and holdings of different currencies you need to compare in an Excel file, and then use the comparison function to screen for overlaps;
I hope this method can help you find high-quality early Memes
