Every day, scammers make $100k+ through their schemes.
However, I've uncovered their methods🧵👇
Right now, memecoins are gaining incredible popularity among all traders.
However, scammers have been interested in this sector for a while!
They're making over $30k daily off of traders using the well-known platform @pumpdotfun.
The platform has attracted such a lot of attention and a huge number of tokens are created every day that scammers immediately found a place to make money.
Especially now a lot of liquidity is being injected into tokens.
Many think they'll catch a 100x and change their life, but they don’t take profits.
6 trades starting with 1 SOL, and you’re at 128 SOL if you take profit at 2x.
It’s almost a 100% strategy that will help you succeed🧵👇
Many traders omit their income by 10-20 times because they forget the basics and chase large amounts of money.
Finally, they give up trading because they don't know how to manage it.
I will tell you the secret and help you get out of this hole.
But what do I mean by saying they’re undershooting their profits?
For example: a trader is looking for a token that will 100x, and they hold without selling. When it doesn’t moon, they either lock in a loss or just a small percentage gain.
How to improve: Always take profits at 2-5x and leave a moon bag.
This way, you'll win more often compared to the first approach.