A community member asked me: Teacher Duck, how should we approach these meme coins? How do we do short-term trading?

This question is actually hard for me to answer.

After all, the cryptocurrency market has many fluctuations.

Major trends, like BTC, are driven by policies and international situations. Specifically, as long as there are significant changes, these mainstream coins will be affected, and at that time, all altcoins and meme coins will essentially become worthless.

Because the essence of altcoins and meme coins is that they have no value.

In our regular trading, we only participate because market makers are providing liquidity, so holding these coins will be of no value.

However, if you want to achieve high returns, then choosing meme coins for short-term trading is the most suitable option for you.

There is a very simple strategy for meme coins, which is very suitable for newcomers, and that is to look at daily trading volume.

Taking today’s VOXEL and MEME as examples, you can see that VOXEL had a contract trading volume of tens of millions the day before, and the trading volume quickly increased the next day, clearly indicating it would surpass the previous day's pace. At this point, just blindly going long is sufficient, as the price rise will generally exceed that of the previous day. The market makers won’t unload at this time, but they will push the price up, so on the third day, there might be a significant drop. However, if the increase is similar to that of the first day, there is a ninety percent chance of a very high increase on the third day.

Looking at MEME, this is a very typical example. The contract trading volume went from a few million a few days ago to suddenly several billion. At this point, the market makers can actually complete the process from building a position to partially unloading within a day.

A drop on the second day is inevitable, but actually, a small rebound will also inevitably follow, maybe even breaking the previous high before dropping again, rather than starting a continuous decline. In fact, it may gradually rise afterward.

So many times, if we want to do short-term trading, choosing those meme coins with sudden changes in trading volume will have a high win rate.

Especially on the first day when there is a sudden change in trading volume; if you observe and blindly go long, you will win at least eight out of ten times.