How to Get Rich Trading Memecoins ‼️ How to Get Rich Trading Memecoins All you need is: • $100 to get started • Free time • A solid strategy + stick to it: How to Actually Find Memes Before 1000X (Tips + Tools + Examples) First and foremost, I want to say that Memecoin trading is really risky. Before jumping in, preparation is key – lots of research and some serious mental preparation. And even with all that, today’s riches could be tomorrow’s in minutes. However, there are moves to make your odds better.
Here's the rundown 👇
1️⃣ Draw up your strategy Draw up a detailed plan, with a sharp focus on your exit points. Without it, you’re skating on thin ice, risking all your gains over time.
2️⃣ Keep Bets Small Allocate only a small slice of your portfolio, or what you can afford to lose, to Memecoins. This approach simplifies decision making. Treat Memecoin trading like gambling. Would you bet everything on red? Stop and think.
3️⃣ Be an Agile Blockchain Set to make moves on any blockchain. Distribute your funds between wallets on popular chains - think Solana, Base, or others. Flexibility is key. ‼️
4️⃣ Find hidden gems before anyone else ➢ See what the big players are doing and copy their moves ➢ Follow influencers and connects to discover new projects Look for trends and narratives you can pick up on
5️⃣ Use Dex Screener Filters ➣ Go to DexScreener Click on “Filters” Select “All Platforms” Choose any blockchain (I’ll use Solana as an example) Filter: New pairs 1 hour old This filter displays coins that meet the following criteria: ➣ Sorted by age ➣ Liquidity over $100 (degen mode) ➣ Market cap under 500k These settings provide me with new and high-risk coins without other noise. Filter: 5-minute timeframe Select the “Last 5 minutes” filter to determine if the coins are currently active. Filters: ➣ 3+ purchases in the last 5 minutes
➣ Sorted by Buys Filter: New pairs 3 days old To identify mid-life tokens, use this filter: Liquidity over $10k ➣ Market cap between $100k and $1m - at least 15 buys and 10 sells in the last 24 hours Customize the parameters based on your strategy. 6 For each token you choose: Click to copy its address and paste it in (or rugchech for solana) You will get everything you need to know about the token.
See the warning? Better skip it 7 In the current meta of Memecoins, you need to outsmart 99% of people to get your piece of the pie. Research is key, but speed is also crucial. Every second counts in this game. How to win? - Go to my profile and read my pinned post! ‼️ I hope you found this article helpful Don't forget to follow me and like this post.