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#BinanceTurns8 Join us in the #BinanceTurns8 celebration and win a share of up to $888,888 in BNB! https://www.binance.com/activity/binance-turns-8?ref=GRO_19600_5MQWEJoin Now For 8888888 bnb
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#MemecoinSentiment #MemecoinSentiment If youโre serious about making money with memecoins, read this post. Trust me, it could change your life. First of all, stay far away from platforms like pumpfun. The odds are stacked against you and itโs a scammers paradise. Instead, buy 5-6 months old coins, which had 75% to 90% retracements from all time high, and also had a double or even triple bottom. Example: $AURA You can clearly see it had a triple bottom at 1M. It means that most people arenโt willing to sell their tokens under 1M market cap. Your chance of losing money is extremely thin compared to your chance of making money. Once again, itโs just an example. You can see the same pattern with dozens of memes like $PONKE or $PNUT At the end of the day, itโs just pattern recognition. Letโs say you invest $5K in AURA at 1M, and your target is 50M (previous all time high) You donโt expect the price to drop more than 50% from here (thatโs the absolute worst case scenario) Basically, youโre risking $2.5k (50% of $5k) to make $150K Thatโs a 1/75 risk reward Pretty damn good, right? Like i said, when youโre buying a double or triple bottom, your chance of losing money is very small compared to new pumpfun memes. BUY DOUBLE/TRIPLE BOTTOMS. Also make sure youโre not buying a dead coin. Check the socials etc. If the community is strong and itโs down 80% from ATH and youโre buying a double or triple bottom, get a bag. You can always take initial out at 2-3x to feel safer. It sounds hard, i know. You probably get bombarded by influencers everyday telling you to buy 100 different coins but trust me.. Most of them are just looking to enrich themselves. Do not fomo, ignore the noise and start looking for memecoins by yourself. Add 500 quality memecoins to your watchlist and wait for bottoms to form. I hope this helps!
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