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@blknoiz06 @Dior100x Ansem
Just give me my $MUNI #1 TRENDING PHANTOM
Sitting under 200k rn so much higher…😈
46G7oLvmYBJvjYonTtt2HLNMnCMnW8DXatbViisqrxKL
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@backtheblue0785 Just gimme my #MUNI Bw3SXqG9QE3PWfceG3p6anMTnduBP59BQeZemvTzaQ3m
HT
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If you want to play the Solana memecoin trenches just know the rules
There will be a runner that captures attention every few days
Stop looking at MC this is a misleading metric - you are early until the coin reaches ~4M liquidity on the SOL side
When it gets near ~8M you have to sell, that is all the liquidity in the SOL trenches, nobody is left to buy
Once the big wallets exit, the coin will death spiral, on the way down late folks will buy it up and provide exit liquidity for those who didn't get out at the top, but no "trench runner" coin ever makes it more than a few days
Cue the new community members, now as the coin dies those with less information swear that you're getting a good entry, but the fact that those big wallets dumped all those tokens into circulation already makes it very difficult for any of these coins to recover, this is a product of too much hype coupled with an immature distribution and unhealthy liquidity ratio
Using this strategy you would've nailed both entry and exit on CAR, Jailstool, jellyjelly and many others
TLDR; watch liquidity, not marketcap for your entries/exists
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Bull Market Rules (we're in a bull market)
- Don't use leverage, i promise you it won't end well.
- Don't double dip once you exit in profit, don't give it back to the casino
- Add to runners / conviction, if the trend is up to the right, ride it till the trend breaks.
- Be aggressive cutting losers (there are more winners each day), any green is better than the slightest red
- Trade with friends, you do better in numbers
- If it doesn't make sense to you, itll prolly do well, i mean that for memes, narratives, anything
- The more of a derivative it is, the less likely it'll do well, a double deriv is worse than a single deriv, and etc.
- Learn to use new tools, tools give you an edge, trading bots, alerts, notifcation tools, trackers, etc
- Separate your wallets, active trading wallet (i go 5 sol a day, and replenish the next day if i lose it all), a longer term hold wallet (swing trades, days to weeks), and a stable wallet, where i stack spot crypto
- HAVE A SET STRATEGY, i take 50% at 50% profit, I take 40% at 100% profit, I leave 10% for a moonbag. I set a stop loss at 20-30%. DO NOT MOVE THESE NUMBERS. LET THE STRATEGY THAT WORKS FOR YOU WORK (it also takes emotions out of it)
- If you are on a losing streak. Take a step away from the screens. Refresh, Reset. There will be more trades to make when you are not chasing. Chasing and emotions is the fastest way to 0 out a portfolio.
- Take chips off the table and out of the casino (you cant spend whats not in your bank accoutn)
- Be comfortable scaling out, and once again, moving that capital out of the casino (put 30% into a new account for taxes)
Above all else, enjoy it.
You will learn, you will win, and you will certainly lose.
Have your goals, work toward them, and crush the bull.
Higher for longer.
I love you, there is no meme.
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