By finding hidden gems and copying whales, insiders. This article is his detailed trading strategy
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The next question is “How does he take a profit from it?”. Traditional strategies may not always work effectively with #Memecoins🤑🤑
We will provide you with a highly effective strategy. $MEME
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➣ For successful tracking and copying of trades, you need to take the following steps:
+ Research insider or successful wallets
+ Set up a tracking bot
+ Master basic risk management
➣ Therefore, iCrypto has integrated all the features to easily find and copy trade. We'll explain all the details
![](https://public.bnbstatic.com/static/content/square/images/0dbeae79cbd94da3b6882ffe523a392f.png)
First, you need to find a promising token.
If you don't know how to do it, you can read through this old article here
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➣ Next, find the insiders and Whales
+ In the analysis section, go to the Dex Trade, check the Smart Dex Traders, Smart Money and Whale wallet.
+ Then, go to the wallet profile to check the trading history.
![](https://public.bnbstatic.com/image/pgc/202407/189c0f94fb302004a0b2111e18f20ac3.png)
➣ Criteria for evaluating insiders and smart whales:
+ Winrate: >30%
+ Realized PnL: $500K+
+ ROI: >1000%
![](https://public.bnbstatic.com/image/pgc/202407/b17c23a6e1b7cbd67e3867ccf690cb88.png)
➣ After you have filtered the wallets, you need to use the iCrypto bot for tracking the wallet.
+ It allows you to receive notifications about the transactions of the wallet that you add to the watching list.
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Key Points to Remember:
+ Trading meme coins is one of the riskiest endeavors in the crypto world, so only invest what you can afford to lose.
+ Risk management.
#iCrypto❤️ #DataFi $PEPE $SHIB