Thread by @ShrekCrypto_

Started in crypto with $20.

Now I’m sitting at over 7figs.

If I had to start from $0–$10k again, here’s what I’d do trading only low marketcap (5-10k)

(All these info are from my 4years of experience)

Before we dive right in, I will be skipping on all the basics, however, I do use @AxiomExchange for trading, and feel free to use my referral for lower trading fees axiom.trade/@shrekt

To jump right in, we will stay away from any projects that's over 20k mcap

The goal here is to understand what project pumps, what narrative can run, how high it can go, and finally coming up with a exit plan.

These are everything you should be asking yourself before diving into any trades

After clicking into a project, first 3 things I look for are holders, socials, and relevancy.

For instance, you want to be buying projects that are in meta, a simple example: if there's a dog coin pumping (1-10mil), then you should be chasing for new cat coin projects. Something that is similar in meta.

You should always have holder tabs open, stay away from projects when multiple holders are linked. You can check this using @AxiomExchange built in features

Next holders, how much are Solana balance are they holding? What are their top 100 trades, do they hold for long or do they sell for 2x

This is the most important thing when investing into early projects.

For instance this picture below, all holders are holding similar amount 1-3SOL hence, I assume this is deployed through a bundler or chart is heavily manipulated (STAY AWAY)

Many influencers don't tell you, but there are different criterias you should look for at different marketcap

Next you check volume, and that's not through indicators, this is through personal observation. When you spend hours a day on memecoins, you start to see what is real volume and what is fake volume.

Just as I'm writing this thread, the holder list picture I shared above just proved how easy it is for someone new to get rugged when the chart looks good and primed but end up getting diddied

CHECK HOLDERS!

After you practice these three things, work on entry and exit. Sticking to your strategy. If you have a small portfolio, I recommend not chasing 10-100X, go for 2-3X. It's literally more interactive, more pratices and almost always guaranteed W.

For selling strategy, since I have the capital, I like to sell 33% at 3X, this gets you back your initial, and rest can run as moonbag or slow trim every top.

Keep in mind, price impact if you are selling huge amounts (2SOL at 10k mcap) you are looking to lose 50% of your profits

Adding on, a bundled project doesn't necessarily means its bad, a lot of utility projects or insider alphas they like to manipulate the chart and shake people out hence, I don't 100% agree on ignoring bundle projects, as some of my biggest wins are from sneaking into early insider plays

Finally, quit copy trading cupsey and all those streamers. You are going to lose 90% of the time.

However I do recommend tracking their wallet, as early projects are caught on by volumes, and you should know where that volume came from. As an example, if the volume is from Cupsey or some streamers copy trader then normally I would fade, unless the volume is high and consistent, I would wait for those wallets to sell then getting my entry.

I'm probably missing quite a few things, but lemme know in the comment and I can elaborate more.

Thank you for reading, and likes and bookmark would be greatly appreciated.

Good luck trading!