Everyone can make their first $100k on memes this cycle

Here’s what I’ve got to help you do just that:ㅤㅤㅤㅤㅤ
➢ My personal strategy
➢ Key mistakes to avoid
➢ Practical tips
➢ Essential tools
Before we jump in, could I ask for a favour? I’ve dedicated a ton of time to writing this thread and truly appreciate any interaction! Please bookmark, reply, or hit that like button if you can
Thousands of memecoins pop up every day. They are shilled on CT, Telegram chats, Youtube, etc. You need to learn how to find them BEFORE everyone catches on. Here’s my complete strategy on how to do just that
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Find whale wallets and try to copy their trades. Scan the Top 10 recent launches:
➢ Look for early buyers
➢ Analyze their other holdings
➢ Check their wallets on
@CieloFinance
By repeating these steps, you can find smart degens and insiders.
Identify potential trends and meme narratives before others
➢ Go to http://dexscreener.com/gainers
Your goal is to search for trending tokens & narratives.
Try to understand what caught the attention of the crowd better than others.
Check the gainers & losers of the past 24 hrs or week to find out which narratives are fading and which are flourishing.
Monitor what influencers are talking about You’ll see how they spread their bets, what tokens they prioritize, and how they implement different strategies.
If you find the really smart ones, following their bets might lead you to 100x.
I have briefly outlined my strategy, but if you want to dive deeper and learn more, check out this thread
Contrary to popular opinion, you don’t need to use any secret paid tools to become a successful memecoin trader. You can make money on memecoins even using free tools, such as:
➢@dexscreener
➢@zerion
➢@CieloFinance
➢@solscanofficial
Analyze Top traders on DEX Screener
➢ Go to http://dexscreener.com
➢ Spot the top-performing tokens
➢ Go to the “Top Traders” tab
➢ Find wallets that bought early Make a list of these early buyers for a closer look.
Analyze these wallets and copy the most successful ones:
➢ Go to http://app.cielo.finance
➢ Connect your wallet
➢ Paste the early buyers’ wallet
➢ Analyze its PnL, traded tokens, win rate
If all these metrics are good, add the wallet to your watchlist in@etherdrops_bot.
Track new token launches using TG bots:
➢ ETH: https://t.me/bananadeployer
➢ SOL: https://t.me/bananadeployerSOL…
➢ BASE: https://t.me/bananadeployerBASE
Snipe tokens on launches: How to prepare @bonkbot_io
for sniping:
➢ Start the bot in TG: https://t.me/bonkbot_bot
➢ Click on “Help” and carefully read the manual
➢ Click on “Settings” and adapt them to your trading style
➢ Copy your wallet address and deposit some $SOL Sniping bots for EVM chains:
➢@MaestroBots
➢@TeamUnibot
Analyze on-chain data with blockchain explorers
➢ For ETH: http://etherscan.io
➢ For SOL: http://solscan.io
➢ For Base: http://basescan.org Using Solscan, I showed what to focus on when analyzing tokens and getting alpha on-chain
To do well in memecoin trading, be careful and strategic. I learned the hard way, making costly mistakes, but I turned them into valuable lessons and set strict rules. Here are tips to help you succeed with memecoins
Don’t be a paper hand Memecoins are about high risk, but also about high profits. Therefore, selling a coin at a 2x return usually doesn’t make sense.
Don’t give up on winners It’s easy to sell the ones doing well and put more into the ones doing badly. But let the successful ones keep growing.
Don’t shy away from new ideas and narratives. Investing early in what’s not yet popular can pay off. Being skeptical can cost you, especially in a bull market. Experimenting often leads to profit.
Always stick to your strategy Here are some profit-taking strategies you may use:
➢ SAFU: At 2x, take half off the table and leave the rest for big wins.
➢ Go Big or Go Home: If your research is good, wait for the big gains.
Over time, good research pays off.
➢ Custom: Make your own strategy. Try it, refine it, and then follow it closely.
Better to stay safe than sorry. Even if you’ve followed every step, neglecting protection could cost you your profits. Here are the essential safety rules that should be followed
Safety first, buying later To safeguard yourself against potential rugs and honeypots, you can paste the contract address to access detailed info about its safety:
➢ SOL: https://rugcheck.xyz
➢ EVM: https://coinscan.com
Secure your Accounts with 2FA
➢ Make it a habit to use 2FA where it’s possible, and stick to reliable tools like Google Authenticator
➢ Thanks to its robust security, it’s nearly impossible for anyone to hack your Google Auth, keeping your accs secure
To minimize your chances of being drained or scammed, check out my all-in-one guide on how to protect yourself and your funds
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