Friendly Degen Guides on "How to safe and efficient micro cap trading, with tips to avoid #MEV bot" ππΈπ‘
This thread is for crypto newcomers π°
β Fund management
β Follow good influencers
β Create your watchlist
β Setting up wallet
β Use Maestro bot
β Book profit!
1/1 Fund
It's a great opportunity for everyone, regardless of how much money you have. Whether it's $500, $1000, or more, managing your funds well is crucial.
With micro cap plays, you can start investing with as little as $50-$100 per token.
2/1 Fund
You should bear in mind that micro-cap tokens have a market cap of less than $1M and are considered ultra-low.
For this reason, you cannot buy them with a large volume; otherwise, you will become exit liquidity or face a high slippage rate.
3/1 Fund:
You must diversify your portfolio by buying more than 3 tokens.
By doing so, you will have a better chance of earning 10x.
We never know which token will PAMP and which one will rug. Diversification is the way to protect your fund.
1/2 Follower:
When you're a newbie, your information is limited. You need to find good crypto influencers (CT) on Twitter and follow them. π€
That way, you'll never miss a new trend or any good/bad news in the crypto space. πͺ
2/2 Follower:
Remember, having a large number of followers does not necessarily mean that someone is good at narrative trading or generating alpha.
You must check their track record and the authenticity of their followers, as many of them may be fake.
3/2 Followers:
For example, if a CT with 500K followers has less than 1K views per tweet, it's likely a scam!
Here is how I find a good Alpha CT:
- When a random token is Pamoing, you might miss the entry.
- Use the search bar on Twitter.
4/2 Followers:
- Use the token name to search. Such as $ARCAI $UNIBOT
- Find the early CT that mention that token
- Follow them!
- Repeat for another token and follow more CTs
- By this, you will follow many good alpha CT
3 Watchlist:
You must have a list of the tokens you like.
Make categories by using Dex Screener.
You must keep track of all of them day by day.
Follow the project's Twitter page, Telegram, Discord, etc., to stay updated on their work.
1/4 setting up your wallet
Using wallet is the simple thing and it is the first thing you must know when trading on DEX.
I am talking about how to avoid MEV bot by using custom RPC.
Access: mevblocker.io
Then add to your wallet.
2/4
From now on, you can use MEV blocker to trade. Due to the fact that many micro-cap tokens are taxed, you can now set your slippage up to 10% without worrying about MEV bot attacks.
5/ Maestro bot:
Another way to trade is by using the Maestro bot from Telegram. You can learn how to use the bot here:
This is advanced trading and you will need time to learn it.
1/6 Book profit and cash out
When you are in profit, you should learn how to book a profit and cash out your earnings.
Remember: Booking a profit is never wrong no matter how bullish you are!
When a token doubles from my entry point, I will take out my initial investment (50%)
2/6 When it triples, I will continue to sell 25% of the remaining tokens. I'll keep selling up to the top - which I don't know yet. This way, I will always have tokens to sell and can buy back when I see a dip.
I will cash out once per month and secure my profit!
Before the #Maestro bot, not many of us could use a bot to snipe new listing tokens. We were always slower than the snipe bots custom-made by some genius traders.π¦
Telegram bot, such as #BONFIRE, that helps traders make buys and sells faster than trading on Uniswap Dex.
@BonfireETH currently has the fastest rate because they are using a private node. Only 10 users are using the node, while Maestro's node is being used by thousands of users
#BONFIRE has three bots, You will want to use 2 of them the most:
- Call bot
- Sniper bot
Let's talk about the call bot, it will give you a call asap when a token burnt LP. You will have a chance to buy it early.
There is some latest update about the game:
- They will host a twitter space in next 3 days with their game developer.
- Update Gameplay with more detail than the previous video.
- Building in game Casino, players can use their own avatars.
- More youtuber review!
@SentientZone has been building the game for the last 2 months and just launched its token on May 29th.
In short, they are #cyberpunk based gaming platform with #Metaverse and #Ai Players will earn rewards in native token $0xG or #0xG
Today I am going to talk about $PILOT @unipilot_io
I am not going to write a thousand words about this, I focus on some bullish features that I think you guys should know. #Etherium#Polygonmatic#Arbitrum
1. Unipilot aims to solve the complexities of "liquidity management" for Liquidity providers on @Uniswap V3. If you are an LP provider then you always have to manage it to earn maximum returns. Unipilot gives you a solution that they can optimize it for you!
3. Multichain
They are now on Etherium and Polygon, they will expand to Arbitrum and Optimism.
Things are, you can not buy $PILOT on arbitrum or Polygon, you only can buy on Etherirum.
So I and our team members are looking for good project on this trend.
Shout out to @superboss1194
1. $HOOK gives you 4 main features, and my highlight here is "Sponsored Quiz"
Which is #QuiztoEarn trend.
2. They have max 2M supply token
The price now is $0.04198
$83K Market Cap
$36K in the Liquidity pool
3% tax on buy
0% tax on sell
Token $QDrop
CA: 0x80dD860289d6dafa733c85a58D9f11707838687d
Today I introduce you @MugenFinance
Some key words about them for you guys:
Yield Aggregator, utilize with Layer Zero, Similar to $GMD but built before $GMD (more than a year ago)
1. They are on #Arbitrum
$MGN started with 0 Supply, $MGN could be acquired by spend USDC (bonding)
There is no team tokens, no VCs and no presale or private sale.
2. 87.1844% of the token supply is locked for staking
Check the holder here: 1st wallet arbiscan.io/token/0xfc77b8β¦