Memecoin Trading Strategy

To most, memecoins seem like pure chaos or gambling Skyrocketing by 1000x one day, and plummeting by 99% the next. 

But for those who can unlock the secret, it’s the fastest path to massive gains in crypto. Read on to find out 1000x strategies 

Four strategies to discover hidden gems before the crowd: 

▹ Follow insiders and whales 

▹ Analyze the tokens 

▹ Use the right filters on Dexscreener 

▹ Avoid FOMO buys 

These four strategies will bring you closer to earning a million in memecoins.

Let's begin with the filters. 

Click on "New Pairs" tab and apply these filters. 

• Liquidity: min $5-15k 

• MC min: $35k 

• Max pair age: 24-48 hours 

• Min. 24-hour buys: 60 

• Min. 24-hour sells: 40 

• Min. transactions in 1 hour: 50-100 

You can customize the filters as you like.

Right tools to analyze token's CA and socials.

Use these toos before you buy to avoid getting scammed:

Rugcheckxyz - to analyze smart contracts.

Getmoni_io - to analyze socials and smart followers.

Bubblemaps - to analyze holders and wallet clusters.

Conduct a deep analysis 

1. Visit the project's Twitter. 

2. Dive into the project's Discord. 

3. Explore the project's community. 

4. Review the team's profiles. 

5. Examine the influencers involved. 

6. Browse the project's website.

Follow insiders and whales 

Once you've identified a promising memecoin, delve deeper into its transactions. Focus on wallets with early purchases or significant profits. 

For a comprehensive assessment, consider the following: 

- Wallet's Profit and Loss (PnL) 

- Monthly trading activity

Don't get left holding the bag 

We've all been there: you score a 3x profit, proudly hold onto your tokens, only to watch them plummet by 90%. 

Or you sell 90% of your position at a 5x gain, only to see the price explode 100x, leaving you with nothing but FOMO. 

The rollercoaster ride of the crypto market can be thrilling but also brutal.

Utilize the laddering method.

When you make 2-4x on a memecoin, sell 50% and hold the rest. 

If the token keeps rising, wait until your holdings reach 20x or more, then gradually take profits. If it dumps, no worries — you've already secured some profits.

These were tools that will help you not to lose money trading memecoins.

If you approach trading responsibly, the profit will not be long in coming. 

Remember: Memecoins are inherently risky investments.