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Please read this before trading meme coins

2lambroz.substack.com
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Please read this before trading meme coins

A story of a hard working meme coin trader that turn $25 to 1million

2lambroz.eth
Apr 24, 2023
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Please read this before trading meme coins like $PEPE

Complete Guide to "safer" trade meme coins

I don't like meme coins trading, but i want u guys to be safe

4 step guide to help u meme coin "safer"

Plus

🔥 A story of a hard working meme coin trader that turn $25 to 1million

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Step 1️⃣

Check trading Vol & how many tx in number of transaction

u are likely not insider or onchain detective, u wont be first batch.

to make sure its "safer" make sure there is enough trading volume

use @DEXToolsApp

https://www.dextools.io/app/en

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Step 2️⃣

Check the Liquidity Pool

How thick is the liquidity pool?

Doesn't matter how much it pumps if u can't sell it.

Is the liquidity pool locked?

if its not locked likely means the dev can pull the LP anytime.

i like meme makers, but not with a lot of money

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Step 3️⃣

Check the token holder

MEME coin buyers are not in it for the tech or culture, make sure who u are trading agasint.

Use etherscan to check who are the other holders

etherscan > enter token contract > click "holders > Click "token Holders Chart

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Step 4️⃣

Wait for 5mins, at least check the details a bit for scam

  • is contract verified?

  • Honeypot scam?

  • Can devs mint more coins?

  • Buy/Sell Tax?

  • Tax modifiable?

  • Can they blocklist ur address so u can't trade?

@DEXToolsApp made it super easy for u already, pls read before ape

🎁 Tools

if u read till here, u prob gonna ape some meme coins

heres some useful tools by my fren @ChadCaff

❓Can u continously trade meme coin for 2 years?

Here's a story of a meme coin trader i respect

I have nothing agasint people trading meme

i have a problem with people pretending they know what they are doing.

Its ok to test n train urself.

find ur edge develop ur own system.

Meme Creator - Funny Baaad sheep Meme Generator at MemeCreator.org!

Thanks for reading!

go to my twitter to show me some love!

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