How to become a millionaire from new cryptocurrencies on Web3?
The Answer Me coin on the BNB network entered with an amount of $800, and within 24 hours of continuous trading, I achieved a profit of $14,000! It depended on quick entry and exit, taking advantage of moments when capital flows into the coin.
✔️ What made me trade it?
Liquidity was growing rapidly, and the frequency of purchases indicated significant interest from traders, but I knew these coins don't last long, so I was quick to make decisions and exit at the right time.
🔹 But beware!
Not all coins continue to rise; some coins may suddenly crash due to developer or whale dumping. For this reason, you should have a clear exit strategy.
📌 Advice for traders on Web3:
✔️ Use GeckoTerminal and DEXTools to track market movements and liquidity.
✔️ Don't invest all your capital; distribute risks wisely.
✔️ Move quickly; opportunities don't wait for anyone, but always be alert to any warning signs.
🔹 Profits are available, but the intelligence in maintaining them is the most important!
#Web3 #memecoin