IS PLAYING MEME HARD??
The answer is VERY HARD **
📜
If it were easy, everyone would be rich. Meme trading mainly occurs on DEX; playing on DEX requires you to have many skills to CHECK. Like whether the dev has given up rights, whether it has been burned yet, how is the liquidity, what is the trend like, blabla ..
Also, not to mention the risk of wallet hacks and countless other things.
However, high risks come with corresponding profits; there are deals on DEX that can be x10, x20, even x100, x200, which are very normal—something that CEX trends find hard to achieve. The important thing is can you hold on?? For me, I couldn't last season, but this season I can’t.
DEX trends change daily; today it's this trend, but tomorrow it will be a different trend. When the trend ends, you have to leave, or there's nothing left.
Meme is currently focusing on $SOL and $ETH; the other chains are mostly trash, so those who trade should focus on the two chains above.
I am currently holding a few DEX deals and will share if it's safe, not sharing haphazardly.