How to be successful in memecoins.

I’ve had great success at memecoins. I think memecoins will never die and that’s how pretty much any crypto starts as. Bitcoin and solanan were a shitcoin at some point and eventually becomes some bigger like Doge, on doge you can inscribe NFTs and they have their own Memecoins. So understanding that now be wise on what you hold because you never know.

First when it comes to memecoins “memes control the world” so you’ll want a meme that is MEMEABLE, something that more than just you can relate too, if it’s something that all ages can relate too the better chances it has to survive. Make sure it’s a unique meme not something diluted and a derivative,( derivatives never make it) if you missed a first mover don’t chase that pump else where, that’s how people get rekt is chasing and buying a derivative of a mover.

Second you want to check the holders, you want to make sure no one is holding a ton to dump on your head and see if it’s disturbed well (check bubble maps, you want to make sure no wallets are connected with a huge amount to dump on your head) check the top holders and see what they are holding make sure their not snipers and good holders. Also check if the dev sniped his own launch he’s most likely to rug, Next check the contract that the mint is disabled so they can’t make more tokens and check that the liquidity is locked and burnt so you won’t get rugged pulled by the liquidity being pulled. Next check the tokenomics, usually people will invest in more coins that you get more tokens in. Less supply of a token is bullish but if the token is at a higher market cap, if the token is a lower market cap and you get barely any tokens people will most likely not invest.

Third you want to check the activity, check out the socials. Check the TG if people are raiding and working for their bags and check twitter in the search and search the cash tag and see the activity on there. If you see their constantly active and the price action is moving with their activity, those are the ones you want to invest in and participate. If you see they don’t have a TG, Twitter, the Dexscreener and dextools is not updated then don’t bother you’ll end up getting stuck, becoming a community member and losing money.

Fourth Volume, volume, volume! Probably the most important thing of all. If you’re going to get in a trade be ready to be actively looking at the chart, don’t get complacent. You want to find a token that has volume and price action. Also times control volume, remember in crypto it’s all PvP (Player vs player) and human psychology comes in play in time and how the chart looks and volume. You want to find a token that has more buys than sells and buys every minute/sec. If buys are coming in it’s safe that it’s going to move up, check the 5min and 15min volume and make sure more buys than sells are coming in. When you notice that the volume is slowing down buys coming in longer than a minute a dip is about to happen soon, so this is where you sell 50% of your bag and buy the dip to have more tokens. If your in a token that pumped and pumped hard for a whole day or days crazy market caps sell when volume starts to slow down and wait. Don’t buy back in for a few days let is consolidate. If you miss a pump do not Fomo and buy on a green wall. Everything always dips, wait for a dip.

Times and psychology. Depending what part of the world you’re in always around 930 am EST until 1030 am is a sell time it’s always going to dip, same for the time at night. Also at 12pm and 12am and 5pm-6pm and in the AM those time are always sell times. Due to people selling when they go to bed or when they wake up. Put yourself in their shoes and try to get ahead of the dumps and buy at the bottom before it moves back up. It’s all mental in crypto, learn to predict when you will sell it’s probably the same for someone else.

Patterns learn to pattern recognition. M’s and W’s triangles and rectangles. Learn how the candles work. 2 red candles means dump coming, 3 green candles means pump is coming. If you see a defending triangle forming wait until the 3 attempt to pump to buy before it moves up again. If you see an ascending triangle it’s going to dump at the 3rd attempt to pump before pumping again. If it’s starting to form a rectangle it’s going to end up leg downing. You’ll notice an M forming, sell at the second M peak being painted and wait for a dip( it always dips) wait for the dip to go half way down to half way of the previous dip to buy back, at the bottom of M’s a W will start to paint or boobs that’s your indicator that it’s going to go up and you just continue to repeat the process.

Hope this helps anyone out there to become successful, once you get some of these basics down it will become second nature to do and it becomes less stressful and becomes a video game. Feel free to reach out with any questions, I’m always around to help.

We are all going to make it!