95% of memecoin traders make nothing. Not because the market is unfair... But because they trade without any plan. Read the article below before you place your next buy order 🧵👇
Rule 1: Manage Risk
Limit the amount you buy in memecoins to 1-5% of your portfolio. Too many people YOLO their entire savings and get 'burned' completely. Diversify your bets and set loss limits so that a wrong trade cannot ruin your entire account.

Rule 2: Plan Your Buy & Sell
Set profit targets and exit points before buying. History shows that these coins often crash hard after major 'hype' cycles. If you don't have an exit plan, you are planning for... failure (and giving back all the profits you've just made).

Rule 3: Don't Chase FOMO
If a coin has increased 10 times in value, guess what – you are the one exiting the market. Traders who enter the market with FOMO at the peak will have to hold when insiders dump. Pump and dump schemes exploit greed. Resist those green candles and stick to your strategy.

Rule 4: Understand This Coin Clearly
Many memecoins have no real value - buying them is basically gambling. So DYOR: Who is the developer? Who holds the supply? Can the founder dump the tokens at will? If a project is just hype (or a few wallets hold most of the tokens), you are playing with fire.

Rule 5: Be Cautious with Low Liquidity
Scam tokens often spike and then crash as insiders sell off. Just one large sell order can cause the price to plummet if no one buys in. Low liquidity also means high slippage (poor execution prices when trading). You may not even be able to withdraw any funds from a coin that is 'dying'.

Rule 6: Use On-Chain Information
Monitor effective trading wallets to see where smart money is flowing. On-chain analysis can reveal whether whales or the development team are quietly accumulating or dumping. If you trade blindly without monitoring the blockchain, you are playing with 'insiders' who hold loaded dice.

Rule 7: Pay Attention to Fees & Slippage
Every buy/sell incurs fees (on CEX, DEX, or bot fees) and adds up - just 10 quick trades can eat away about 5% of your capital. Slippage (poor order execution) can take another 5-10%. These hidden costs are a kind of 'slow bleed'; trading too much will erode all your profits.

Rule 8: Avoid Rugpull & Honeypot
If liquidity is not locked, developers can drain the pool and disappear. Some tokens may even not allow you to sell (honeypot warning – try selling a small amount to test!). Only participate in projects with verified source code, locked liquidity, and teams that publicly identify themselves. Trust but always verify.

Rule 9: Control Your Emotions
Greed and fear are your biggest enemies. If you panic sell every time the price drops, or cling on waiting for the 'moon' while profits gradually evaporate, you're going to 'fail'. Keep a cool head, stick to your plan, and tune out the noise on Twitter along with the 'moon' calls from the moon-boys.
