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0:00 I Made $1,500 Trading Memecoins
0:30 The ‘Usual’ Way of Trading
1:12 Free Tweet Tracker Tool
3:23 Insider Buy Alert
6:00 $1.5K Trade Recaps and Analysis
#memecoin #solana #trading
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date : 2024-11-22 20:21:08
views : 5986
likes : 302
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Here’s a summary of the transcript:
The speaker, a Web 3 DeFi tech editor, shares his experience making $1,500 in just one hour trading meme coins. He breaks down his approach, emphasizing the importance of using tools and being cautious when trading. He reveals that he made over $1,500 by trading Salana meme coins and shares his thought process and strategies.
He outlines his approach to trading, focusing on using Discord’s Tweet Tracker, which allows him to track tweets and identify trends. He also uses other tools, such as wallet tracking, to monitor market activity. He advises against simply scanning for coins on pumps.io, as this approach is becoming outdated.
The speaker also shares one of his trades, which involved buying into a meme coin that rose in value. He explains that he took profits early, selling a portion of his coins and then re-buying them as the price continued to rise. He emphasizes the importance of selling on the way up, rather than holding onto a coin in the hopes of getting a higher return.
In the second part of the video, the speaker shares a different trade, which involved following the stream of Andrew Tate, a popular Web 3 personality. He bought into a coin that Tate was promoting, but faced challenges as the coin’s value dropped. He ended up making a smaller profit, but learned valuable lessons about the importance of being cautious when trading.
Overall, the speaker’s approach to trading emphasizes the importance of using tools, being cautious, and selling on the way up. He encourages viewers to join his Discord server, where he shares his knowledge and insights with other traders.
