Big ifs
This was so clean but I still faded it, took a lesson I am not making this mistake again!
This almost made me 20x before I feared
Big ifs
Here is the most obvious 10x
$Ansom creating the same pattern as $morud did yesterday. This will cook bu tomorrow morning ig. GN
1/ 🗺 Premise - I trade memecoins exclusively - understand that this means we trade sentiment at the end of the day - its an attention economy. There will be the odd 'utility' play but this is excruciatingly sparse on solana and hence not my focus.
2/ 🧐 Sentiment, Attention - indicators to look, very simply:
> Community
> Memeability
+/- Ticker - has to be simple enough for ppl to bid
The best coins will have all 3 of these, even at 0. (granted, the ticker is fixed from launch (mostly))
> Community
> Memeability
+/- Ticker - has to be simple enough for ppl to bid
The best coins will have all 3 of these, even at 0. (granted, the ticker is fixed from launch (mostly))
2.5/ 🐳 The Cabal
When you're trench hunting this is honestly a non-factor. You want to bid the coins before the cabal enters (if they do).
When you're trench hunting this is honestly a non-factor. You want to bid the coins before the cabal enters (if they do).
3/ 💹 Price Action
You're not trading the S&P. You're in shitcoins. Understand that there will be rips and dips.
On dips:
> Evaluate community (vibes are always good when price gud)
> Evaluate macros / meta - Are all coins nuking because of Iran / BTC? Or is the meta shifting?
If it makes sense to you, add on dip.
On rips:
> Take initials / DCA out.
> I personally never nuke charts.
> You will never catch the top.
Buy red, sell green.
You're not trading the S&P. You're in shitcoins. Understand that there will be rips and dips.
On dips:
> Evaluate community (vibes are always good when price gud)
> Evaluate macros / meta - Are all coins nuking because of Iran / BTC? Or is the meta shifting?
If it makes sense to you, add on dip.
On rips:
> Take initials / DCA out.
> I personally never nuke charts.
> You will never catch the top.
Buy red, sell green.
4/ 📥 Play Sizing
Again, this is shitcoins. Never all-in. Regardless of port size, my ape size usually goes ranges from 5-10%.
This is especially important for smaller ports - preserve capital. Always another play.
Again, this is shitcoins. Never all-in. Regardless of port size, my ape size usually goes ranges from 5-10%.
This is especially important for smaller ports - preserve capital. Always another play.
5/ 📤 Exits
As above I always exit in stages. More for smaller ports - take back initials early around 2-3x, but leave enough to sell the pumps.
At the end I wanna have sold enough on green to:
1. Watch my moonbag go to 0
2. add to my moonbag turned dust bag
As above I always exit in stages. More for smaller ports - take back initials early around 2-3x, but leave enough to sell the pumps.
At the end I wanna have sold enough on green to:
1. Watch my moonbag go to 0
2. add to my moonbag turned dust bag
6/ 🔐 Final thoughts
> 1. Evaluate meta
> 2. Evaluate virality
> 3. Buy red sell green
> 4. Always leave moonbags
> 5. Never sell dustbags
Cheers and all the best.
> 1. Evaluate meta
> 2. Evaluate virality
> 3. Buy red sell green
> 4. Always leave moonbags
> 5. Never sell dustbags
Cheers and all the best.
Big ifs
7/ if you enjoyed the above Buy $pixi Even a dollar
Bro literally said buy $pixi