I quit binance futures trading and i do now only solana meme coins trading

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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.

Kevin Sung Answered question July 2, 2024
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I don’t see much of a difference between investing in memes and trading futures, both of which are extremely risky ways to make money and more akin to gambling. Although I have also invested in some memes on Solana because I believe that this season, Solana will have a lot of interesting things and projects that bring huge profits can come from the Solana blockchain. But I consider this just a gamble, a speculation , meaning I accept the risk and am willing to lose that small investment of mine. And I don’t think it’s wise to focus or invest entirely on memes.

If you think making money and getting rich from memecoin is easy then I advise you to be careful with your choice . I think our long term investments should still focus on bitcoin and some of the top altcoins will still be better.

Shabira Shafeek Answered question July 2, 2024
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