Topic: Meme coins so how you trade them to make constant profits ? - page 3. (Read 621 times)

If you do day trading in futures, it depends on your level of understanding of trading. It's not easy to do what you say: a 50x rollout every day you expect to earn from trading. For me, the only people who can do that are professional traders or scalpers. And are you a scalper?

50x in futures or spot trading is not realistic every day. Maybe that can happen once in a while, but every day, I don't think so. Then, if that is your target to earn, you must show proof, at least here, that you can do that for at least 3 consecutive days of 50x the daily profit of your capital amount in trading.

Yes if it is good at managing risks and good at seeing opportunities I think it will not be any problem in its activities, I also don't have any intention just complementing the sentence you gave, I'm not saying it's a bad thing in the crypto industry if you can get a very fantastic income from meme coins, but the basic principle and and reminder that you have to be careful, I don't doubt someone's ability because they can get profit, but if with very high confidence they can forget what has become their knowledge because they are too confident and feel the best in taking profits so they forget about all the risks that might occur.

When you don't go all in on them, it only means that you're checking the risk that it does have.
It may or not be smart move to go all in but sure, it's best to balance and diversify your portfolio.
Unlike those full blown meme coins holders, they like it 100% which is unwise IMO.

As much as I agree with you about having a lot of Ponzi schemes out there that involves meme coins, got to understand that it's not the point of my reply, I just said that it's a viable strategy and if OP seems to make a lot of money out of it then who am I to say that it's a bad thing for OP and that OP should stop doing it? I do agree too that it's difficult to sift through all the trash meme coins and buying them because you never know if you're going to be able to get the right one but it's still crypto at the end of the day, got to remember that if you can manage it, risking a little can be a thing that you can do, it's not like you're selling your house and then putting it in some meme coin right? A couple dollars to buy some meme coins probably won't hurt.

So I use a crypto trading bot and investment platform which maintains my diverse portfolio. I do have some meme coins at the moment in there but I honestly don't think going all in on them only is going to be a smart move so the bot essentially trades and balances my portfolio to minimize the risks as much as possible and boost my profits.

Apart from the questionable information provided by influencers about memecoins, yesterday in real life I responded to a friend who is not very close because I couldn't stand hearing him talk about memecoins anymore.

He was too enthusiastic about discussing a crypto project, if it was bought and held for a certain period of time, then profits would be made in quite large amounts.
I explained that if I had enough money and equipment, then I told him that I could create tokens or memecoins. Then, what direction will I take the token/coin which must be questioned because the token/coin is not promising.
Only Bitcoin is the only coin that has a good future and is not a coin that ends in uncertainty.

Trading memecoins for me is just normal, they act the same like other trading pairs, where it will depends is on the trading volume of the pair, for example the memecoin you selected - it doesn't mean that they are meme coin, you will have some techniques or what, because as you know, a lot of meme coins price are just manipulated or even the volumes, that's why they are known for being volatile.

these are meme coins with low quality usually they be pulling off some shady thing behind the scene reserving some token for themselves instead of supplying it all in LP and the good thing about blockchain is that such thing can be traced easily.

meanwhile the good long lasting memes usually have no characteristic such as this, the day the meme coin went to public is also the day the developer lost control over the contract by renouncing ownership and also doesn't posses any token other than through buying it in DEX and supplying all the remaining token if there is any as LP forever.

this is why scanning of any such probabilities when you trying to invest into a meme coin is also important, just to mitigate the risk of developer just dumping their token in to the market at once but sometime people just disregard this because lack of knowledge though.

The very reason why most meme projects are short-lived is because they have no reason to exist in the first place. They are merely created for the sake of their "devs'" pockets. So if you happen to hold some meme alts and it is going up, better discard it as soon as you can. Because you will thank yourself later on as more than likely, they will exit the trading market without a trace or they have no chance of recovering their market price.

There are a lot of ponzi schemes on meme coins, a lot of scams too, such as being pumped then when the developer makes a profit it is immediately dumped badly until it is no longer valuable, the risk is very high and going through the sale and purchase of memes is not an easy thing to do with high risk and also the high profits offered are very scary, and even if it is lucky to find diamonds in pig poop, like Bonk, Wif and other memes that have a bear marketcap now of course it is a fortune, but that is 1 of the million meme coin projects created, that is the most difficult thing for the possibility.

I agree don't focus too much on memes, unless your friends created them and know when they pompom the token and when they will dump it.

I have tried this same thing you are doing, and it didn't work out for me, or maybe I gave up too fast, but the fact remains that I lost over $200 buying new meme coins nut just on Solana, but across other blockchains like TON, BASE, BSC and do on.
And from that/my experience, I did tell you basically that profiting from trading new meme coins is solely dependent on how lucky the trader is, I see no difference between trading new meme coins and gambling, they are exactly the same thing, only difference Is both happen on different industry or ecosystem.

The idea you brought up about locking investors from selling after buying, until a certain number of Xs is achieved, this won't work either, because if ability to sell is released after the set Xs is achieved, the only lucky ones will be those who manage to sell first, price will dump to zero because everyone will want to either dump their bag or take profit.

Overall, it's important to understand the risk involved in meme coin trading, and if you must do it, apply serious caution.

Yes, make sales as quickly as possible when we see the price going up. Meme coins are very risky, even after being listed on an exchange you can see some meme coins end up being scams. it was thrown away in its entirety and destroyed, holding it for the long term would not be profitable.
The case is different for meme coins which have quite strong community support. they can survive in the market but still the growth will not be consistent, we see many pitfalls. if you are not experienced it is better not to trade meme coins.

Good for you and I do think the same thing with how you should deal when it comes to meme coins, it's a viable strategy because you're making sure that you're getting the most profit out of it and basically the only thing that you need to work hard for is getting into the airdrops, most of the time, that's how meme coins get dropped and the slots are mostly limited so that's where the hard work gets in the way. @Webetcoins is right and everyone should heed his tip, never expect meme coin trading as your only way of making money or a full-time job, it's risky and it's stupid and the profits aren't guaranteed.

I use to buy them at early and presales and sell them half after it is launch then after a week or so i sell the remaining half that way i was able t make a lot from meme coins over the years . My biggest profit from meme coins is doge though i had t hold it for long to make such good profits from it .

First things first, don't expect to be able to earn a full-time income from meme coins, it is not possible because as you said it yourself, they are high-risk, high-reward investment assets and when there is high risk, there can't be constant profits.

Meme coins never provide guaranteed profits, I understand that you have heard people saying that you can become a millionaire by investing in meme coins and you have watched YouTube videos related to it, but the truth is that those people and content creators will never tell you the actual truth, they will never tell you how things actually work, they will only glorify the positive side and the negative side is neglected.

If you are getting 2x or 3x profit from a meme coin in a few days, that is more than enough and you should take the profit and exit because if you don't do it on time, you can lose what you have earned.

When you are winning or making money with your trades then there's someone on the other side which is losing money on which you should really be that thankful that you are on such positive condition or situation on which we know that this market is really just like a tug of war. If you are someone whose really that making money then this does basically means that you are really that doing well in compared to those people who are on the other side. So it would really be that just best or having that good feeling that you could make money specially on meme coins on which this is something more that too risky on which we know that when it comes to risk level then this is way more higher rather than on dealing yourself with those altcoins in the market we do have but well we do have our own choice on which coins that we would really be tending to deal with.

There are ones who could really be able to handle risks and there are ones who cant be able to bare up on such condition. So it would really be that situational because not all
people would really be having that same level when it comes to risks management.

Looking for opportunity to earn much profitable with meme coins always make good research and trade with meme coins still has lower market cap transaction values, usually is MC still lower has bigger opportunity will raise much higher price in short term than meme coins have much market cap or MC volume transaction.
Be careful when trading or investing with meme coins I use my planning spending under $50 for one kinds of meme coins and looking for with small MC transaction volume.

Target selling after raising x10 from price purchasing and just selling around 70% of my assets of meme coins and left 30% hold it for long term some time potential earn more than x100 but many time meme coins become scam after the owner removing liquidity pool.
Use free money when trading or investing with meme coins has bigger potential will be scam than earn much profitable because around 10 kinds of meme coins invested just taking profit around 4 or 5 meme coins and left become scam after liquidity removing.

That is a profits and you should not be complaining but being happy because there are some traders that are not able to make that profit but keep losing when they trade memecoins. I do not trade memecoins only on decentralized exchange because they can crash because of manipulation and most of them would not make.it out of the decentralized exchange, they would not get listed on top exchange too to bring volume and hype to the cryptocurrency. My strategy of trading memecoins is to follow up the project and when there are confirmation of a top tier centralized exchanges listing then I will buy the memecoin and when the hype is about to fade, I will sell and take profits. I do not make this mistake of thinking of hodling memecoin for a very long term investment.

Yup same I only keep forum now for casino notifies. My life improved 100%, maybe 300% ever since I completely cold turkey from social media. Not even for notifications so I use LoyceV bot lol

Sure, I 'lost' money from all the airdrops and new memecoins I missed. I still have people I see every now and then tell me they made this much or that much, but I think a few thousand dollars I can lose, but instead I gained 5 years of not wasting time looking at markets and which projects and 'research'.

I got burned very badly on forum and TG, doing research and following 'trusted' 'Legendary' members who practically scammed everyone without officially being part of the scam. Luckily, I also made some money on alts, so in the end it was more or less equalized P&L.

But I can never recover the years I lost following with time and effort, hard work and research.

Since I quite socials, I spent more time on myself. I got 2 new degrees/certificates, I work out more, I cook for myself and my housemates more, even read more, and still keep active on this forum. Unlike before, I was always online, eating like crap, never excercising, no reading new things just shit online.

And if I kept all my earnings just stacking BTC, I would be way more financially stable than now. Lesson learnt, and I keep wanting to spread this to others. This forum is full of people misleading others about trading. I want to tell them the truth, boring truth but it's how it is

It's undeniable that some meme coins do skyrocket and achieve high profit earnings, but only for those highly potential meme coins, while majority are nothing but only end up as dead coins. If you are here more like gambling, you can chose meme coins but if you want more secured investment, I suggest stick to Bitcoin and just diversity later on with potential altcoins once you have gained sufficient profits.

Don't be too much obsessed with meme coins, instead look for other potential coins that won't make you invest like gambling.