Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: DegenLifestyle on January 30, 2025, 11:18:14 AM
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I believe spotting memecoins early is a question many of us have asked, yet there haven’t been many direct answers—haha. Of course, most people would say, "It's just memecoins; they're volatile. Stay away from them!" But when the President of the United States launches a memecoin, it’s clear that this trend isn’t going anywhere. If anything, you need to learn how to play the game properly.
Back to memecoins—personally, I use Twitter, early listing exchanges, and Dex Screener to track them. My strategy is to take profits once I hit 50% gains and leave a moonbag behind. I’m currently applying this approach to my newest find, JELLY JELLY, which seems to have something to do with AI, video chats, etc.
So, what’s your strategy for spotting memecoins? Both newbies and seasoned degens like me could learn a thing or two
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I believe spotting memecoins early is a question many of us have asked, yet there haven’t been many direct answers—haha. Of course, most people would say, "It's just memecoins; they're volatile. Stay away from them!" But when the President of the United States launches a memecoin, it’s clear that this trend isn’t going anywhere. If anything, you need to learn how to play the game properly.
Back to memecoins—personally, I use Twitter, early listing exchanges, and Dex Screener to track them. My strategy is to take profits once I hit 50% gains and leave a moonbag behind. I’m currently applying this approach to my newest find, JELLY JELLY, which seems to have something to do with AI, video chats, etc.
So, what’s your strategy for spotting memecoins? Both newbies and seasoned degens like me could learn a thing or two
If you want to shill this project, then this is not the right section because the admin has created a dedicated section where you can shill a project, if you keep posting about this project here, you can get a Shiller badge, just share if you don't know.
Speaking of memecoins, I don't trade in them, even when the Trump meme coin was cheap, like $20, I did not buy it because I did not know it would pump haha, just kidding, I had some idea that it would pump but pumping as high as $70 was crazy, but still, I did not buy it, and the point is I know it was risky and not worth the risk.
But many people made a profit and made a loss, nothing to comment on this, Nowadays most of the memecoins are being named as ai agents, so I thing we should look into that field now.
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I believe spotting memecoins early is a question many of us have asked, yet there haven’t been many direct answers—haha. Of course, most people would say, "It's just memecoins; they're volatile. Stay away from them!" But when the President of the United States launches a memecoin, it’s clear that this trend isn’t going anywhere. If anything, you need to learn how to play the game properly.
Back to memecoins—personally, I use Twitter, early listing exchanges, and Dex Screener to track them. My strategy is to take profits once I hit 50% gains and leave a moonbag behind. I’m currently applying this approach to my newest find, JELLY JELLY, which seems to have something to do with AI, video chats, etc.
So, what’s your strategy for spotting memecoins? Both newbies and seasoned degens like me could learn a thing or two
If you want to shill this project, then this is not the right section because the admin has created a dedicated section where you can shill a project, if you keep posting about this project here, you can get a Shiller badge, just share if you don't know.
Speaking of memecoins, I don't trade in them, even when the Trump meme coin was cheap, like $20, I did not buy it because I did not know it would pump haha, just kidding, I had some idea that it would pump but pumping as high as $70 was crazy, but still, I did not buy it, and the point is I know it was risky and not worth the risk.
But many people made a profit and made a loss, nothing to comment on this, Nowadays most of the memecoins are being named as ai agents, so I thing we should look into that field now.
Just an inquisition mate. For memecoins I think getting early entry and knowing when to exit is key. These recent AI agents have something different from normal memecoins.. they're being used for analytics and provide data that'll aid trading at least on paper. I've also discovered another ways to spot memes early too
(https://i.ibb.co/qYY9zGXb/Screenshot-2025-02-05-09-11-41-65-f64c0fa2acb54796de48adb5b80a6314.jpg) (https://ibb.co/zVVb1cjK)
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Just an inquisition mate. For memecoins I think getting early entry and knowing when to exit is key. These recent AI agents have something different from normal memecoins.. they're being used for analytics and provide data that'll aid trading at least on paper. I've also discovered another ways to spot memes early too.
I can't agree more with you, as I also believe the main key to making money from memecoins is to take early entry and early exit, but these are the main hard points to figure out, because if we an know what the point where we can enter a token is, we can make millions, even if we come to know when to exit, we can make a a huge profit too.
But these are the main things to figure out in trading, whether we are in memecoins or in trading alts. The AI agents providing analytics are the best as I saw axibt on twitter and some other ai agents they are providing good data.
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Just an inquisition mate. For memecoins I think getting early entry and knowing when to exit is key. These recent AI agents have something different from normal memecoins.. they're being used for analytics and provide data that'll aid trading at least on paper. I've also discovered another ways to spot memes early too.
I can't agree more with you, as I also believe the main key to making money from memecoins is to take early entry and early exit, but these are the main hard points to figure out, because if we an know what the point where we can enter a token is, we can make millions, even if we come to know when to exit, we can make a a huge profit too.
But these are the main things to figure out in trading, whether we are in memecoins or in trading alts. The AI agents providing analytics are the best as I saw axibt on twitter and some other ai agents they are providing good data.
Actually you need to be holding the coin in the very short pump period.
I remember DOGE a few years ago. It was nothing. Suddenly, Elon Musk started talking about it, saying Tesla was going to accept it as payment method etc. Then the price skyrocked within a few days.
This is basically gambling. Very hard to hit the jackspot.
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There are a few ways to spot a good memecoin, one of which is to always check their backers. For example, Donald Trump was behind TUMPcoin and we should also think about it from the beginning that Donald Trump is the craziest person. After launching his official coin, Donald Trump also launched another coin in the name of his wife, which makes it completely sarcastic.
And you can already understand by looking at the price of their coins. Even if you can find out a memecoin by who were the backers, you must also know when you should leave and sell your coins. Memecoin are not for holding.
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Actually you need to be holding the coin in the very short pump period.
I remember DOGE a few years ago. It was nothing. Suddenly, Elon Musk started talking about it, saying Tesla was going to accept it as payment method etc. Then the price skyrocked within a few days.
This is basically gambling. Very hard to hit the jackspot.
Do you mean if a coin is pumping we should sell it shortly or quickly? I did not understand your point here.
I also read the history of Doge, Shib and pepe that how people made millions from them and how people lost the opportunity to make millions from them, I follow many influencers and one of them was sharing his sad story of buying Shib or Doge (not sure which one was) but he bought a huge amount and that coin dumped and then again when pumped he sell them at buying price.
Later that coin would have made him millions in dollars if he would have not sold them, the regret is there but really it is gambling we can't see the future so we can't know if a coin is going to be prompted by Elon or Trump right.
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Do you mean if a coin is pumping we should sell it shortly or quickly? I did not understand your point here.
I have no recommendations. Buying and selling memecoins is just gambling. It makes no sense , and it is very hard to get the right coin in the right time.
Being early is not enough. Sometimes a pump takes month/years to happen, and it will dump hard quickly
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There are great performances in multiple meme coin in the trading world. Large numbers of investors are thinking about investing in these cryptocurrency. There are many people taking risk to purchase such tokens to become rich suddenly. Meme coin real world does not exist. But these coins are hugely popular in the digital world. Only a few meme coins are making good profits, but most meme coin dies in short time. So i don't want to harm your money so i want to say that meme coin stay away from your investing.
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There are many ways to spot a memecoin and this will have to do with the platforms we are in, the kind of people we are following and the way we have been more active online in getting latest crypto news and information, however, we must also not use all these as the verdict means for a reliable crypto project, we have to test on them to see if they are good for us or have any future prospect and opportunity if invested, lastly, we have to be careful of the hyped coins, they may be deceiving atimes.
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It is easy to spot new memecoins quickly but what's hard is to figure out whether they will be profitable or not. That's where the problem lies into them. We'll have hard time in finding them out because we can buy all of the memecoins we spot in various networks because once a network is spotted to have some good memecoins, the others will pop out like mushroom so they appear too quickly. But the profitable ones, you'll never know if they do.
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So, what’s your strategy for spotting memecoins? Both newbies and seasoned degens like me could learn a thing or two
Dexscreener is a helpful tool for those who want to trade meme coin because you can see different meme coins there from different blockchains.
Spotting meme coins is very easy to do because anybody can do it. What's hard is making profit from investing into meme coins. What's hard is knowing which meme coins are gonna pump, and which are not. This is the reason why I don't invest into new meme coins because it's very hard to do, and for me, it's hard to make money from it unless you have an insider of course.
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Spotting meme coins is very easy to do because anybody can do it.
it is enough once you know where to look some people mostly old people do not know where to look for the current trends so they have a hard time trying to find these memecoins even if they have the social media platform for it
What's hard is making profit from investing into meme coins. What's hard is knowing which meme coins are gonna pump, and which are not. This is the reason why I don't invest into new meme coins because it's very hard to do, and for me, it's hard to make money from it unless you have an insider of course.
even memecoins that look good on paper might not end up gaining some value if you are feeling a little risky you can go for trendy memecoins and wait for them to pump and immediately take out your coins
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There is now no question that memecoins can be here to stay for some years and they are even getting more attention and support than established coins and tokens in the market and it can because memecoins can give one a potential x10000 gains which is something not available in Bitcoin and other top coins. Of course, in memecoins there are bigger risks as not all memecoins will really make it successfully. Now, I think the question is not just how to spot memecoins but finding out which among the avalanche will be serious enough to consider as many will surely just stay as jokes. And we don't want jokes to be on us.
Because more than 90% of introduced memecoins will die on the road, the biggest challenge is getting into ones that will not be giving us empty plastic bags while we are crying to heavens why oh why...that is why just like the shitcoins in the past memecoins can also be a big gamble as there is nothing exciting on seeing your wallet with worthless coins.
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Just an inquisition mate. For memecoins I think getting early entry and knowing when to exit is key. These recent AI agents have something different from normal memecoins.. they're being used for analytics and provide data that'll aid trading at least on paper. I've also discovered another ways to spot memes early too
How exactly do they achieve that? And why do they need new tokens for that? Slapping AI into anything is very easy nowadays even if the real project implements little to no new AI tech. Maybe I've been in this space for too long but I can't help but think most of those projects will be gone after a few months or so, like what happened in the previous cycle. Sure you can get big gains, but you'll have to race with bots and insider info if you want to find the right pick for that short-term pump.
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I have no recommendations. Buying and selling memecoins is just gambling. It makes no sense , and it is very hard to get the right coin in the right time.
Being early is not enough. Sometimes a pump takes month/years to happen, and it will dump hard quickly
Okay so you meant that but it is just NFA haha as I used to say, well I was just saying I did not catch your point I know it is gambling but with few Memecoins like Doge, Shib and Pepe maybe we can make profit but they are also very risky except doge I like that due to its vast adoption.
You are right being early is not enough, I have seen people just to make money they are investing in all those famous early Memecoins they saw, and once the coin pumped they close the trade Obviously. The thing is once we are early in a good coin we can make early profit we don't have to wait for months and years I guess CMIIW.
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So, what’s your strategy for spotting memecoins? Both newbies and seasoned degens like me could learn a thing or two
Before we really want to invest in meme coins, make sure that we already understand the risks of meme coins. There is nothing promising in meme coins, and the risk of losing is also very high. It will be very difficult to analyze meme coins, because usually there is no fundamental. So, you really have to be right on target, right on moment and also have to be active on social media.
In my opinion, it's not really that often, it's just that, you can check from:
- Social media (usually Twitter and Telegram)
- Find the hype and just go in, as long as it hasn't experienced a high increase
- Meme coins that are taking advantage of certain moments
- Use very little money, usually only around $ 20 - $ 50
- Or you can also search on dex screener
Remember, there is no guarantee for profits in meme coins, so you have to really calculate whether to enter meme coins or not,
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I don't think there is any difference, buying memecoins with thinking and analysis, versus buying with instinct... both are equally risky... we know the volatility is always crazy, even the right coin will still bring losses if not bought at the right time...
Memecoins are very random and even that is very unlikely to always be accurate in guessing them... there is no really good advice really, unless he is ready to take the risk...
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I don't think there is any difference, buying memecoins with thinking and analysis, versus buying with instinct... both are equally risky... we know the volatility is always crazy, even the right coin will still bring losses if not bought at the right time...
Memecoins are very random and even that is very unlikely to always be accurate in guessing them... there is no really good advice really, unless he is ready to take the risk...
Maybe if we are buying with instinct with token that is listed on dexscreener possibly not good than buying memecoins that you have researched. Because in dexscreener there are lot of memecoins, a newly launch token that is not listed yet in any other exchange can be found on that exchange, in other words there are lot of scams in that exchange. So for me, if I choose the best exchange, buying a coin or token through instinct is better, just like Binance. They will only list the best coins. If your coin can't sustain and don't have enough volume, they delist it. So you can be sure that all their coins is good to invest with.
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I believe spotting memecoins early is a question many of us have asked, yet there haven’t been many direct answers—haha. Of course, most people would say, "It's just memecoins; they're volatile. Stay away from them!" But when the President of the United States launches a memecoin, it’s clear that this trend isn’t going anywhere. If anything, you need to learn how to play the game properly.
Back to memecoins—personally, I use Twitter, early listing exchanges, and Dex Screener to track them. My strategy is to take profits once I hit 50% gains and leave a moonbag behind. I’m currently applying this approach to my newest find, JELLY JELLY, which seems to have something to do with AI, video chats, etc.
So, what’s your strategy for spotting memecoins? Both newbies and seasoned degens like me could learn a thing or two
$TRUMP started to decline, and the hype exploded only when he wrote on X about the memecoin he launched... Trump's hand won't even let something go up.. sometimes volatility also needs to be created in order to keep making a profit...
And for the utility offered by a memecoin, it's really bullshit... who knows what features memecoin can enjoy and offer, big companies today that have AI have ChatGPT and many other AIs, while video chat still has WhatsApp and Telegram which are more proper.. the point is the use case of memecoin is better not to be considered... it really can't compete with big existing platforms.
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$TRUMP started to decline, and the hype exploded only when he wrote on X about the memecoin he launched... Trump's hand won't even let something go up.. sometimes volatility also needs to be created in order to keep making a profit...
volatility indeed what allows us to make profit but we also have to differentiate volatility to just pure dump of coins some people may confuse volatility to a coin crashing and this may cause them to keep holding or even to buy hoping that they can sell when the market goes up again oblivious to the fact that it will never go up ever again
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I'm not as experienced as you when it comes to meme coins it seems. but, at least the initial tactic is almost similar, keep looking on social media, be it Twitter or Telegram. Often there are many new meme coins that are being spread and made famous first. then, also check on the DEX screener and TP just wait for the right time, while always checking its development. because meme coins usually increase or decrease in price very quickly, so you must always monitor it when you buy it.