Alright, let’s talk about ground-floor investing in memecoins like $SSSSS. We all know the early days are where legends are made, but it’s also where the jeets get a small profit and a really cool story to tell at the pub about “the time I was almost a crypto millionaire, but I dipped too early”. Don’t be that guy!
Here are the top 5 mistakes you need to dodge if you want to make it out with some gains, and not just regrets.
1. Selling the Dip
A little red candle and suddenly, you’re running for the hills? Chill. Dips are part of the grind. Memecoins are like rollercoasters and you gotta ride the ups and downs!
What You Should Do Instead:
- HODL and meme harder. Dips are just the coin stretching before its next sprint. Diamond hands make the millions! So let your #SnakeWifHat coins stretch their legs, be for they pump to a new ATH!
2. Sleeping on the Community
Here’s the deal: memecoins = community. No active community = no memes = no hype = no moon. It’s that simple.
What You Should Do Instead:
- Join the Telegram, dive into the Discord, and lurk in the Reddit threads. If the vibe is dead, the coin probably is too.
- Participate in community activities to build the awareness and spread the word! If you have time to sit and moan about the dip, you have time to get in and post on socials!
4. Blindly Following Influencers
“Heard about this coin from [insert random influencer]—must be legit!” Yeah, nah. Influencers are great for hype, but FOMO without DYOR (Do Your Own Research) is a fast track to becoming exit liquidity.
What You Should Do Instead:
- Research the team, the roadmap, the vibe. If it’s all hype and no structure, don’t get baited into a rug.
- If you are part of the #SnakeWifHat community, you will see how active the devs are in Telegram and they did a live AMA on X yesterday!
5. Underestimating the Meme Game
Memecoins aren’t just about tokenomics, they’re about viral potential. If the meme isn’t funny, relatable, or absurdly shareable, it’s already lost.
What is cuter and funnier than a Snake Wif Hat? NOTHING!!!
What You Should Do Instead:
- Look for memeability. If you can’t imagine the coin trending with some killer memes, it probably won’t.
TL;DR:
Don’t sell the dip. Don’t ignore the community. Don’t skip research. And for the love of memes, respect the meme game.
Have you made any of these mistakes? Share your horror stories and lessons learned below and buy some #SnakeWifHat and we can make it to the moon together. 🐍🎩🚀
submitted by /u/RBA2020
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