Starting this Monday, I will embark on a journey to turn $500 into $5000 just using 💩 coins.
Yes, it is possible to do this in a relatively short time, as long as you have the right tools. Want to learn how you can do this too?
🧵👇
Yes, it is possible to do this in a relatively short time, as long as you have the right tools. Want to learn how you can do this too?
🧵👇
First off, understand the risk in dealing in the #Shitcoin realm. The rewards are amazing but you must practice risk. But to do so, you must be able to evaluate risk.
Using the tools in @ConsortiumKey you are quickly able to see some metrics and factors that are important for these kinds trades. Things like locked liquidity, current market cap, renounced or verified contracts...
Once you have checked these using the aforementioned tool or manually via dexscreener, you want to make sure you have an appropriate position size. It's recommended that you trade with .025 ETH. Just enough so that your gains matter and that gas is "worth it."
Your goal is to get into a new token sub-10k market cap if possible. But before you do, make sure that there is some volume going. You want to see at least a few transactions in the first minutes, followed by a relatively equal amount of buys and sells on the 1H
Then, wait.
If you hit a 3-4x, it's recommended to sell 60-70% of your position to lock in some profit and get your initials outs. And then...
If you hit a 3-4x, it's recommended to sell 60-70% of your position to lock in some profit and get your initials outs. And then...
Wait longer. A lot of these shitcoins take a couple days at the minimum to completely moon. But that's okay because you have already secured your initial.
And it's worth it to hold some of these because they can go as high as millions in market cap at times!
And it's worth it to hold some of these because they can go as high as millions in market cap at times!
This is a general guide in to how to become profitable with shitcoins. But how do you find promising trades in the first place?
Sure you could look at blocks on ethereum OR you can get into solid 'signaling' communities. Callers do most of the work...
Sure you could look at blocks on ethereum OR you can get into solid 'signaling' communities. Callers do most of the work...
If you want to follow along with my trades as well as make passive income via trading options and the like, make sure to join @ZzzMoneyClub with my link below. Say hi, and let me help you make insane gains.
whop.com/zzz-money-club…
whop.com/zzz-money-club…
Lastly, make sure to follow for more alpha and tips on how to become profitable in this rewarding and at times difficult space!
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