Bitcoin is above $103,000, and the meme coin season is around the corner! If you plan to enter any meme coin, here are 10 tips you must know
Bitcoin has broken the $103,000 barrier and liquidity has started to move... which means we are entering a historic meme coin season — some will print, and some will evaporate!
And in every season, people are divided into two types:
Some people enter with a winning mindset and know how to move
And people become mere liquidity for whales and developers
If you plan to enter the meme coin market, read these 10 tips from the book 'The Forty Rules of Meme Coins' – because they might save you from a big loss:
Take your profits, and let the market play with the rest
Many people see 100% profits and think: 'Let it grow a bit more'.
But in this market, every additional moment without protecting your capital = a potential bullet in your wallet.
The simplest rule? Withdraw your capital when your profits double... and the rest is free play.
If the developer scammed before, they won't suddenly become a saint
Many projects are born from the same minds that scammed you last time, but with a new logo and a new community.
The name has changed, but the intention is the same.
The team's history = the clearest signal for the future of their project.
If you see the coin explode... don't enter, you are late!
The big green candle looks nice in pictures, but it hides people who are queuing up to dump on you.
If you enter after a big pump, chances are you will be the 'smart liquidity' for the wave before you.
The first hour after the coin launch = death sentence or birth
Failed to gather trading or pump in the first hour? That's it, don't laugh at yourself.
Any later pump is just artificial respiration for a corpse... and ends the same way.
Meme coins are not a long-term relationship; it's a one-night stand and it ends quickly
People who say 'HODL' in meme coins... are often people who got stuck by mistake.
The game is fast. You need to enter and exit before the smell of smoke starts to rise from the blockchain.
Weak liquidity = open trap
Imagine selling a coin, and its price drops 40% because you were the only one who had the amount?
If liquidity is less than 10% of market value, you are playing on a trampoline over a cliff.
Don't buy meme coins with rent money
The most important rule in risk management? Don't play with money you can't afford to lose.
Meme coins are gambling, and they can easily turn from 'once-in-a-lifetime opportunity' to 'once-in-a-lifetime loss'.
A currency with no trading = A currency that is dying slowly
Watch the trading volume. A coin that is losing its momentum = loses its meaning.
The market does not forgive a boring coin.
If the coin is no longer trending on Twitter... it means it has died
The hype in meme coins is more important than the contract itself.
If there are no people talking about it, then even if the project is genius, it will be buried without an audience.
There is no actual law in this market... other than the law of profit
No one will give you a medal for patience.
In this game, those who take their profits early survive... and the rest write 'advice' after they regret.
# These are just 10 out of 40 detailed rules, found in the book
The Forty Rules of Meme Coins
Rules based on real experiences, written in clear and simple language... whether you are a beginner or a professional, this book will add something new to you.