Today we are talking about the mentality. Many people heard about meme's overnight wealth, but the final outcome was not very good and they left the market in disgrace. I will not elaborate on the strategy of meme here. If you want to know more, you can refer to the previous article "How to Find a 100-fold Golden Dog" written by AngryBot.
For playing local dogs, the most important thing is to fight for big with small, rather than fighting for small with big. Some people see that some KOLs buy some on-chain projects with a few ETH or dozens or hundreds of SOLs and think about large positions. This is not advisable because the financial resources of different people are different. People can cover their positions after losing money, but what about you?
Therefore, before buying anything, make a trading plan. For example, for a meme or on-chain project, you should make a budget according to your psychological rating of the project, and buy in batches. Don't chase high with FOMO, and buy at the bottom after it drops by 50% or even 80% (if you want to buy at the bottom).
The Pump on Sol can be abstracted as a casino. Of course, many memes are also gambling. In general, most social activities in life are gambling, love, work, interpersonal relationships, health... Maybe it is the unknown things that are full of magic, but please don't bet everything on one throw. Communicate with others more often, maintain a good cash flow, and gamble gracefully!
