I quit binance futures trading and i do now only solana meme coins trading
I quit binance futures trading and i do now only solana meme coins trading
To trade futures it takes time and need to watch and a lot worry about liqutation.
Who ever made solana and Dexscreener its genius and im thankful for this opportunity.
Im trading meme coins i try to look support before entry in trade and make sure there is enough liquity locked burned and good volume and project have some website and Community then i entry usually i make now 5x-10x in 24hours Im not too greedy Because better to have constant profit.
But i also buy some good projects for longer wich i belive Will do good in future i have for longer holding crodie and gatsby i belive they are definately good projects then i have cat project wich will teach kids about crypto so those are my coins for longer hold.
On solana chain it’s easy to find coins becouse you can track the wallets usually one successful project is connected another good coin so it takes just some decteve work tracking the wallets and txt on blockchain and Im good to go.
I wish more people learn this becouse right now it’s allmost only income i have and unemployment benefits also i will be working until Im full pro with meme coins If you entry right time you could see coin price goes up like 1000% in few hours.
If you don’t get too greedy then it’s easy to make money also i like trading meme coins becouse a lot volatility and alot capital Are in Meme coins specially solana chain and cheap fees Also i like that i don’t need watch btc price becouse meme coins world there is always movement never Boring and for unemployed and without education it’s perfect way to earn decent money
I use jupiter it’s best dex exchanger.
It’s true that Binance futures or futures trading takes time and is risky if someone does it with high leverage but it’s still 10x better than meme coins trading. In meme coin world, only those can survive who study the market properly and have enough information about the project on which they invest their money.
I have seen many traders losing 10-30 Solana per day by investing in wrong projects. There are many new Solana presales on sites like Pinksale these days and if you give proper time to observe those then you will see that how investors are losing money by investing in wrong projects.
I know that someone who’s good at meme coin trading can gain some profits with it but I would call it gambling instead of trading. If someone gambles on good project then he/she can have 2x-5x and even 10x profit if he/she gets early in a project, but in most cases the project are rugs and there are so many ruggers and jeeters who take out money of those who gamble on wrong projects. In the end it’s dev’s who make money with meme coins by rugging and jeeting on others.