How to invest in MEMECOINS

How to invest in MEMECOINS

in crypto attention is everything which is why a lot of content works when it comes to meme coins and getting rich so this is crypto 10x if you’re looking to 10x your gains there is a lot of content for that if you’re looking to 100x there is content for that if you’re looking to 1,000x your portfolio apparently that’s possible but I know you’re thinking 1,000x gains that’s not enough what if we 10,000 XR gains $1 to $10,000 all right I don’t want to get too greedy but there is content if you want to get a 100,000x gains so $1 turns into $100,000 now that’s all just to say that creating content is about attention if you want your content to be successful as a YouTuber you need to grab a lot of attention and the same thing goes for meme coins so we’re going to go over the different strategies meme coins use to grow and the risks that are involved and a lot of them are scams because it is incredibly easy to make a meme coin and people are actually speed running making meme coins to capitalize on the opportunities of taking your money so I’m going to teach you everything I learned about mem coins over the last 8 years of being in crypto and uh yeah there there’s a lot of lessons there now none none of this is actual Financial advice I’m just going to share my experiences and what has made successful meme coins and what is most likely to be a scam so with that let’s get started fomo fear of missing out you see someone invest $645 and they Cash Out $4.1 million now this is the worst news you can ever read because it makes you believe you can do the exact same thing and you can’t you just can’t do that that now very likely this person’s $645 investment they either had some Insider knowledge or they just took a Gamble and betting $645 on a new meme coin that just came out incredibly risky because new cryptocurrencies or meme coins are created every few minutes so if you’re betting $645 on all of these cuz you don’t know what’s going to be successful you just want to get in early for that low price well you take on an insane amount of risk so whenever you read articles like this that say oh yeah he just threw some money in there now he’s a millionaire don’t believe that be very skeptical it’s like saying someone spent a few dollars on lottery tickets and now they’re a millionaire so first off don’t get fomo but we can approach meme coin trading more methodically and if you are going to invest in these there are different types of strategies that could be something like just Prov providing liquidity on something that has a lot of trading volume that could be short-term Trends and we’re going to jump into that later in this video so stick around until the end because that’s uh that’s what YouTubers say to really extend that runtime The View time of the video so more people watch it the meme coin Playbook how to make money trading meme coins now first off we need to remember that anyone can make a coin it is very easy to do that and the hardest thing to do is create value for that coin by either building up a community and a lot of people just pay for undisclosed marketing which does work in the short term but when that happens the projects rug very very few meme coins have been successful in the long term I can only think of a handful that have been I’m sure uh you’ve experienced this too if you’ve invested in meme coins where you’re holding a lot of coins that don’t have a lot of value so that’s why you have to also think like what are they doing what are they building are they here for the long term is this community crazy enough to keep this up for years or uh should you sell your position so keep that in mind whenever investing in meme coins cuz it’s very high risk you can always invest in the momentum but when that dies out it might be time to roll out so with that in mind we can start taking a look at New Meme coins that are appearing and where to find them and another thing I forgot to mention is you need to be a little def Savvy you need to know how to use decentralized Finance you need to be able to set up a wallet so you can connect to all these different daps or decentralized applications because that’s how you can get access to these coins at a very early stage so right now I’m in Dex screener and we’re looking at the gainers and losers and we’re looking at the volume for the last 24 hours for the top gainers now the thing we’re looking for here is where are people trading these meme coins where is the most activity so from the top of this list we can see BNB chain salana ethereum base and that is mostly it so if we see most of the trading volume is there that’s where most of the money is that’s where the Traders are that’s where the degenerates like you want to trade me coins and create value from it so that means we’re going to focus on those blockchains BNB chain Solana ethereum and base this video is sponsored by bitette cuz they gave me this nice shirt but they do have some quality meme coins that they list early it is still a gamble but you don’t have to deal with Defi and if you sign up now you get 20% off your trading fees forever as well as this special promotion which where you can win a share of some meme coins and I’m actually going to talk about this one a little later in this video so we want to look at new coins that are popping up on those blockchains you can see that the four blockchains I mentioned are right here at the top of the list and a lot of Deens are on salana so that’s where we can start our meme coin Journey now you also have to remember most people get scammed trading meme coins so this should be like a lotto ticket this is just you throwing a few dollars at it just to see what happens and it should not be more than 1% of your portfolio at any time I know you’re going to regret to hear that if the coin you invest in actually pumps a significant amount but if you get scammed and the coin just dumps in price and the uh Team just disappears which in most cases they do just cuz you can start up any of these coins in just a few minutes you’ll be happy that you didn’t invest a lot and you can consider it a lotto ticket so what are we looking at here we’re looking at new tokens we’re looking at the transactions the volume the makers and how it’s been performing over the last 24 hours and most importantly the liquidity and the market cap because we want something in the low market cap range of 10 million or less and we want liquidity of 100,000 or more now you can still get scammed in any type of situation here but that helps limit some of the risk so I’m going to sort this list by trending in the last 24 hours and we’re going to sort it by volume and you can see most of the action has been with AMC gme another AMC there’s just two different meme coins with the same name attracting the same users people are trading it again anyone can make a coin Kitty pfcc whiff sloth Mei and then at the left of the ticker name we can see the exchange it’s trading on whether it’s Meo radium or Orca now these are all salana based decentralized exchanges and if you’re not familiar with that you got to watch some videos on salana defi which is pretty easy to use if you are looking for a tutorial on that let me know in the comments and maybe I’ll make something um but yeah it’s pretty straightforward to get started you just need some salana a salana wallet and a computer so let’s dig into GameStop and then we should see a chart here and and we can see that there’s a lot of green bars now this is sorted by the daily chart we can look at the hourly and uh yeah it’s been going up it gets a lot of momentum this is not actually GameStop this is just someone who made a coin that is kind of representing gme and GameStop so we can see some relevant information here there is $4.3 million in liquidity there is a fully diluted value of $134 million which is very very impressive for a coin that’s been around for a few days and uh yeah it’s fully diluted so there aren’t any tokens locked or anything and we can see there’s a lot of people engaging with this coin now Dex screener makes it easy to access everything here so if you want to trade this coin you go here trade on radium and this will give you a little popup and you can trade it while still looking at Dex screener or if we go to the right of that button it gives you the full radium page so uh you’d be able to trade it at the uh full website so now that we found gme now we come to the conclusion like is this going to be around for a few days and if it is is it going to make us money so if you can come to that conclusion then you might want to buy some of the tokens or you might want to add liquidity because if you look at the trading volume it’s $99 million with only $4.3 million in liquidity that means the people that are adding liquidity are making a ton of fees from every trade now you might lose out on the opportunity cost of your coin going up in price but you take on a little less risk as a liquidity provider now if you don’t know what that means that is just another Advanced term for decentralized finance and you might need a little more exposure to how defi Works to understand the nuances of how people earn money by putting up liquidity cuz that’s you putting money into the pool gme and salana and the value of those tokens are used to facilitate trades between buyers and sellers here’s an update the price went down and that’s very typical of mem coins especially something like gme you’ll never see this on binance or coinbase because it’s misrepresenting a company that could be a lawsuit and we have seen the price go down as people realize like why am I holding this and it’s gone down by at least 60% so remember holding mem coins is short term when you’re at these very early stages cuz it’s very high risk all right let’s change things up and we’re going to sort by trending in the last 5 minutes and we’re going to look for something that might be a scam just so we know what we’re looking for and the risk we’re taking so at the top of this list there is is $99,500 worth of liquidity and a 30 and a $30,000 market cap for Lucky cat we’re going to jump into this we can see that this coin has just started trading in the last 15 minutes there’s already been a big selloff and let’s see if we can find any additional information regarding this lucky Rich cat lucky cat the most famous Chinese cat in the world a symbol of rich and Fortune to the owner this I don’t think this is going to last I don’t think people can meme this and let’s take a look at the Twitter I don’t want to go to any Shady website it has 21 followers yeah they launched their coin 4 minutes ago and this is where it’s so early you are taking on the risk of is this coin going to be around an hour from now and uh there could be some potential gains but it doesn’t look like they are getting enough engagement it looks like they just spun up a website and a Twitter there’s no community and things could change of course in the future very easily but it looks highrisk update yes it was very high risk and the coin is on its way to zero there is $1,800 in liquidity and this is something I would not touch so you have to remember that these are new coins being created and people want to extract the value from it as soon as possible sometimes you just want to avoid these new coins for a while you want to let that Community build and then see what the engagement looks like and if it’s very positive and trending upward then it might be something you should consider getting involved with for the short term so if you are going to jump into these Trends on uh meme coins for these coins that just launched you take on an insane amount of risk you want to give them a little traction first just to see if it’s something that they can build build on for at least a couple days cuz in most cases the chart looks just like this uh they launch a coin people start buying it and once the developers have made a little bit of money they dump the token so uh they take the profits and go and then just repeat that cycle again which is why investing in meme coins is very dangerous cuz you don’t know how long these people want to run the project or if they want to dump all the tokens and then just spin up a brand new one and repeat that cycle now one of the most important things you have to look out for when trading meme coins is are you getting a fair price on it and a lot of the cases no so you actually have to watch very carefully now right now I’m in Dex screener we are filtered by B&B chain coins and you can see the top trading coin another coin called gme while salana also has another popular gme so these are very different meme coins that don’t represent anything and can move very differently so uh that’s why even though you are investing in meme coins not all meme coins are equal and you can make the same one on any chain so you could even make another gme called GameStop right now on salana and I’m sure many people have if we type in gme you can see yeah we got a couple here that are on salana already so let’s jump back into this example I’d like to go over with you so Zilla the second coin here Doge Zilla again not Financial advice I am not investing in this we can see that it is in second place with a market cap of $187,000 $91,000 in liquidity and maybe this is something we might want to consider buying so we’ll drop that into coin market cap you can see it was dead and just picked back up and let’s say we want to trade it so we’ll go into the markets now you can also do that directly on Dex screener so uh Dex screener is a tool to show you all the different analytics regarding a meme coin or at least coins that aren’t that popular as of yet and we can find some information here like when the pair was created the amount of pulled Zilla and wrapped BNB the trading pair and if we wanted to we could trade it to directly on pancake swap here so we’re going to do that it’s going to give us this popup and we can trade directly within this using kyber swap but we’ll get back into that in a moment if we hit this other icon here it’s going to open up pancake swap finance and we have our wallet connected now let’s say we want to trade 0.1 BNB for subzilla that’s about $56 and we would get $19 worth of coins so that is a terrible deal this would have to go up 200% just for us to get our initial investment and that is not something we want to do and that’s why you always have to check the price now the problem with pancake swap is it doesn’t really give you that warning it’s like all right hey this is what you’re trading this is what you’re getting so if we hit swap it just shows you what you’re trading for and that’s a terrible deal we’re not trading $56 for $19 so uh this is not something we’d want to trade and a lot of the times that is due to poor liquidity but but the liquidity is actually really good so this doesn’t make sense to me and we do get a risk warning from pancake swap here in the lower right but it doesn’t really uh help us out like it really should say hey we’re getting a really bad deal here and let’s say we use a DEX aggregator like kyber Swap and it’s going to go through pancake swap V2 that is where you’re going to get the best price now unfortunately it’s still a bad price so we at this moment we’re trading $56 for9 $ again but at least we get a warning here price impact is very high you will lose funds you can turn on D gen mode from settings to execute trades with very high price impact or place a limit order this can result in bad rates and loss of funds so the lesson here is if you are going to trade meme coins make sure you understand how much you’re getting in value so it says here price impact 67% you make this trade trade you’re going to take a 67% loss instantly going back to Dex screener we can still learn a lot about this coin you can see the top trending coins at the top here Zilla is in number two so I wanted to look into it and if we scroll down we can look at any potential issues here go plus security no issues there’s no buac sell tax uh there’s it’s not a Honeypot where you trade for your coins but you can’t trade back but the worst thing about it is that you won’t get a good deal on your trades and then we have quick Intel analysis and we have a rating from token sniffer so even though everything looks good there’s no issues and got a good score if we actually tried to trade this thing it’s a bad deal and the potential reason why we’re getting these bad trades is maybe the liquidity that is available on pancake swap is out of range now I actually can’t say for certain but that could be one of the possibilities but the lesson here is look at the amount you’re going to get because if you make this trade you’re going to take a big loss here’s a little secret sometimes I don’t record everything in one day and that’s why I’m wearing a different shirt cuz it’s another day now I forgot to actually mention what I look for in a very uh easy to understand manner when I look for meme coins now I don’t think there is any secret to investing in mem coins it’s like saying oh I’m really good at Kino or I’m really good at the lottery or I’m really good at Raffles it’s a gamble but there are a few steps you can take to minimize your risk as we went over earlier and for the meme coins that do become successful there are similar patterns we can look to and that pattern is community you need a very very crazy community that loves the project and that won’t stop talking about it so you need a community that is very crazy and that can all start with an interesting coin name some interesting memes and things like that there isn’t really a single secret to success because so many people can copy things but the hardest thing to copy is a community that loves that Meme coin so to recap some of what we learned if you are going to invest in meme coins you want to invest for in the short term where all the money’s at and that is mostly on salon ethereum BNB chain or binance smart chain just wherever people happen to be trading and there is another method too if you believe in these other blockchains like polygon optimism blast there are a lot of them you have to look for the meme coin that is trending on that chain and if you are a long-term believer of that blockchain then when that blockchain starts getting more popular that mcoin could be the introduction to new users to getting into that ecosystem so one example of that is ICP internet computer it is a very different style blockchain and they have a very interesting meme coin called Windows 98 this is Windows 98.com and you can boot a desktop that is very similar to windows98 but isn’t for legal reasons so there’s no logging in this is just everything in the browser right now and you would be able to see this too if you go to Windows 98.com and full disclosure I am holding Windows 98 I do have that in my ICP wallet and if ICP happens to pick up more steam then this could probably introduce more people into the ICP ecosystem so that is my gamble there and then I also own fud this is fud the Pug it is a meme coin that exists onui I’ve also been holding this for several months and all these memes are very unique so if you kind of watch them uh they got me hooked it’s very engaging and I feel that more people might get involved if you build out a community around this meme entertainment I don’t know what you call it meme entertainment so yeah I’m uh I’m holding fud and it is available on bitg and that’s what the promotion is if you sign up for bitg gets soon or within one week of this video you would be eligible to win some fud the Pug the meme coin on theu blockchain and scrolling through some of their other content it’s all very original it’s engaging so I’m think that they could attract attention once people start coming to the Sweet blockchain which is something I am involved with and I like so uh that’s why I’m holding some meme coins in emerging blockchains how do crypto exchanges list coins because if you’re holding a meme coin and you want your coin to be listed on an exchange so more people have access to it more people can buy it and potentially the price can go up and we’ve seen those listing pumps happen when a major exchange list a coin because their users want to be early to buying a coin that they didn’t have access to before so looking at Twitter we see some engagement right we see K coin here which coin should we list next we see bitet doing that we see gate.io doing that we’ve seen binance doing that and they get a lot of Engagement now absolutely this is not how a coin gets listed on those exchanges if it is a smaller exchange like gate.io or Mech C people pay for those listings there is listing fees that can be up to $100,000 or more and that’s just one way for a coin to start trading on a centralized exchange I know that’s a super high fee but the other way is trading volume because if we look at the trading volume of new cryptocurrencies an exchange is going to want to list that coin so they can capitalize on that trading volume so we’re looking at new coins here we can see the trading volume is in the millions while some of the worst new coins are in the uh tens of dollars so if you’re invested in a coin that does not have a lot of trading volume and it’s been that way for a long time and the community isn’t growing it doesn’t stand a shot but if you’re holding a coin that consistently gets a lot of trading volume crypto exchanges are going to say this looks really good maybe we should consider listing this because we can earn from the trading fees from our users and that’s how exchanges make money from Trading fees so that’s why exchanges are more willing to list a coin with a lot of trading volume rather than their social media posts just being spammed by saying list my coin and that does happen and it doesn’t work that way these exchanges want to make money and that’s going to happen from creating volume and typically this is more common with second tier exchanges that could be bitg C coin okx while the first tier exchanges like uh binance and coinbase they might be a little more selective just because there is more attention on them they have to be more careful now of course they’ve listed like shib and Pepe in the past but that’s because it has a lot of trading volume and is sufficiently decentralized so it’s not impossible for a memec coin to make it to binance or coinbase but it’s very difficult and again if it makes it to something like Robin Hood it’s even more difficult but not impossible all right so here’s what we learned anyone can make a meme coin anyone can Market it but who’s going to be here years from now and that’s a strong Community if you are investing in mem coins for the long term the only thing that gives that Meme coin value is a strong Community which is why things like Pepe and Doge have survived this long because anyone can make a coin and do the same thing in just a few minutes but a strong Community changes everything and if you want to make money in meme coins you can write these trends for the short term when they start up but very very few last the long term and besides riding these Trends you can also get exposure to some of these meme coins through providing liquidity where you earn fees from the trading volume but if you are going to do that you still take on some risk because a lot of meme coins are scams and they can rug you instantly now I say this as someone who has experienced many different scams related to meme coins and if you’ve been investing in meme coins I’m sure you have to as you’re holding some coins that have no value and that’s why we learned Le from these experiences so we can do better in the future so if this video was helpful you know what to do and uh there is a link to bitg get if you want to support this Channel Sign up that’d be awesome all right with that I hope you got your full value for today

Can you get rich investing in memecoins? In most cases, no. More than 99% of memecoins fail in their first year. You don’t know about them because they failed.

That’s why in this video I’ll show you what to look for when investing in memecoins. How to avoid some basic scams, where to find memecoins, identifying trends, risks, and what makes a memecoin successful so you can get those 100x crypto gains.

Timestamps:
00:00 How to get rich in crypto
01:42 Avoid FOMO
03:17 How to find new coins early
04:32 Which blockchain should you be trading on?
06:06 What should you look for in new coins?
11:15 Things to avoid when investing in memecoins
14:00 Make sure you understand what you’re getting
19:08 The secret sauce to a good memecoin
20:17 What memecoins I’m investing in
22:48 How do coins get listed on crypto exchanges?

This video is #sponsored by Bitget

Get some free $FUD tokens from Bitget: https://partner.bitget.com/bg/3M7GJ3
This includes 20% off trading fees and other promotional items.

This video is for educational purposes and it’s sharing my experience and opinions. Don’t make any financial decisions based on this content.