Meme Trading Is Still Wild, And Some People Are Banking Big

Is it just me, or has meme trading become one of the most insane ways people are making serious gains in crypto? I used to ignore them, thinking it was all hype, but after seeing how many traders flipped tiny entries into 5x or even 10x, I started paying more attention.

It’s not like traditional trading where you sit and wait on slow charts. Memes move fast, and when the narrative clicks, they take off hard. It’s really about momentum, community energy, and timing. Fundamentals? Not really. But the volatility can be a goldmine if you know what you’re doing, or lucky enough to ride the wave early.

Lately, I’ve been messing around with $W on Bitget Onchain. Chasing memes can be fun and rewarding, but having a basic plan makes it a lot less stressful when the market starts doing its usual wild swings. But here’s the key part: don’t get greedy. Meme coins can pump hard, but they can drop just as fast. I’ve started using a simple take profit strategy, scale out in parts. Take some profit at 2x, more at 3x, and let the rest ride if the hype holds. That way, even if it reverses, you’re not left bag holding.