Make Money By Trading Memecoins Online ✅

If you wanna get in on the crypto hustle, memecoins are a quick way to stack some dough—if you know what you’re doing. Here’s how you can start trading memecoins and make a bag:

Know the Memecoins

  • Memecoins are those funny, meme-based cryptos like Dogecoin, Shiba Inu, and others. People love 'em 'cause they’re cheap and have a huge community behind ‘em. Keep an eye out for new ones popping up too, but don’t just buy any random coin. Look for ones with hype.
  • Get the Right Wallet
  • Before you start buying or trading, you gotta get yourself a wallet that supports these coins. Use apps like MetaMask, Trust Wallet, or Coinbase Wallet. It’s like having a secure digital vault for your coins. Don’t skip this step—protect your assets, fam.
  • Buy the Coins
  • Now, you gotta find a good spot to buy these memecoins. Uniswap and PancakeSwap are your go-to platforms for swapping Ethereum (ETH) or Binance Coin (BNB) for memecoins. You can also check out centralized exchanges like Binance or Coinbase if they list the coin. Keep your eye on the chart—sometimes the price is low, and you can scoop ‘em up for cheap.
  • Watch the Hype
  • The trick with memecoins is all about timing. When the coin starts popping off on Twitter, Reddit, or other social media, that’s when you gotta make moves. Memecoins go up quick when the community gets hyped. The key is buying when it’s cheap, and selling when the hype is real.
  • Flip’Em Fast
  • Here’s the play: once the coin starts going up, sell before it crashes. A lot of memecoins have wild swings—up and down, up and down. If you catch it at the right moment, you can make a sick profit. Don’t hold too long, though, ‘cause the price can drop fast after the hype dies down. You might see a coin double or triple in value overnight. When that happens, don’t get greedy. Take profits and keep it moving. Sell a portion of what you bought, so even if the price drops, you still got some gains. Never put all your money into one coin—diversify a bit.
6 Likes

Alot of good advise but still only scratching the service.
There’s alot more the post that needs details
Doing research on alt coins is extremely critical and yes the hype drive the price up and once that dries up, it crashes to the floor so timing your entry and exit is important.

Do your research on who owns the coin and is there a team behind it, is it a one hit wonder or a dedicated team that can sustain its hype to increase its growth and following.

So far I found buying coins on the Solano Blockchain using phantom wallet on coinmarketcap and coingecko to be the easiest and cheapest.

Yes diversify. Put a few dollars on a coin, exit when it doubles or triples even if is sky rockets, the idea is to make profit quick. Holding for too long could see you lose more than you gained.

Good article to get started but the market changes by the day so it’s a constant educational hustle to stay updated and remain in the know.

4 Likes

this is a very very bad advice. Don’t buy it like this as you are at big risk of loosing money. What you want to do is buy them through the tools like Bullx, Photon, GmGn, which are trading platforms. It depends on the strategy you are using how you are buying the coins… are you buying new pairs, to be graduated or graduated pairs… what is the strategy… are you sniping, scalping or buying projects that already have matured with bigger market caps and safe bets… these answers are too vague what both of you wrote. Btw it’s Solana, not Solano. Hope this helps

2 Likes