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#MemecoinSentiment #MemecoinSentiment If you’re 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 it’s 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 aren’t 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, it’s just an example. You can see the same pattern with dozens of memes like $PONKE or $PNUT At the end of the day, it’s just pattern recognition. Let’s say you invest $5K in AURA at 1M, and your target is 50M (previous all time high) You don’t expect the price to drop more than 50% from here (that’s the absolute worst case scenario) Basically, you’re risking $2.5k (50% of $5k) to make $150K That’s a 1/75 risk reward Pretty damn good, right? Like i said, when you’re 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 you’re not buying a dead coin. Check the socials etc. If the community is strong and it’s down 80% from ATH and you’re 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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