How to find 50x potential gems before they blow up
Hey guys, I’ve been around in the memecoin game since 2020 and have managed to turn $500 into almost 6 figures since I’ve started. I want to share my experience and how to make it out on top in the difficult landscape that is memecoins.
First thing you want to keep in mind when you’re trading is to always have a strategy in mind. For example: are you only investing in brand new coins, coins that have been around 30+ days, etc.
There are a multitude of ways to approach trading meme coins but I will share with you the strategy that has provided me with the most success and lower risk in this very volatile space.
Step 1: find coins around 16-48 hours old with active communities
- In my opinion it is way too risky to invest into anything that is not atleast 12 hours old. The fake projects / rugs mostly all fall within this category. simply put, the devs are not sticking around for the long haul and are just looking for a quick, easy, and fast profit and then they are on to the next coin. - Sticking to coins that are atleast a day old(ish) will significantly improve your chances of avoiding these scams and researching their communities (telegram, twitter, TikTok, etc) will give you a great idea of the passion and work ethic of the team in the coin.
step 2.) NEVER BUY THE TOP – It is very tempting to buy when the price is increasing, you stare at the charts and within 5-10 minutes see that you could’ve been up 20-50% if you had just bought. But this comes with a great risk. – All of my biggest % gains have been from buying coins that are roughly 50-80% down from ATH. Keep in mind not every coin will survive this downswing, but if you can find a coin with these criteria that still maintains a hardworking team and community you are almost guaranteed to find massive success and profits.
step 3.) Have an entry and exit strategy
- Once you have found a potential candidate that meets all of the above criteria you have to set definitive goals for when you want to buy and sell. Its very easy to let your emotions get the best of you when you see the price increasing/decreasing and a quick rate.
- If you believe in the coin and community, you simply need to let the coin ride until you reach your desired outcome. There are countless times where i thought the money I had invested was done for and thought about selling, just to wait a couple of days and come out on top with a 3-5x. Believe in the project and put in some effort and don’t trade with your emotions.
There is an insane amount of money to be made from meme coins if you are willing to put in the time and research. Don’t chase quick pump and dumps and find a golden community that you are willing to stay with for the long haul.
With all of this said, I have done the research for you for what I believe to be a extremely solid play for the month of December.
$plankton : D3QiRT12vKBpj87h99ufQFz4mCpbPC7JVy1U6NRKpump
Age: 62 hours old price: down 80% from ATH (perfect buying stage) holders: 7k great narrative and brand new meme that is flooding TikTok. 36k posts on TikTok using the new sound associated with this meme AND MOST IMPORTANTLY: active community and team with a positive outlook on the future of the coin.
If you have more questions about how to navigate the memecoin landscape and make some life changing money, feel free to ask me.
submitted by /u/lilbirdravan
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