Daumen reveals he's up $600K+ this month trading lowcap memecoins
"I ran through multiple 7 figures. It came to a point where I'm like, why am I holding this half-a-million unrealized P&L that makes a difference in anyone's life just to see it go to zero?"
"This year I'm only going to do low caps. Then I see Punch and I'm like, this is the biggest thing in the world. I break my discipline, size into Punch, I'm up almost half a mil, it goes down, and I lose money on it"
"So I took some time off, rested up. This month, fully locked in, zero size. I'm trying to really be high volume and sort of mimic Cented a bit"
"The maximum I bought of a memecoin this month, and I've traded I think 2K memecoins, is $1.3K. I'm up $611K this month"
Daumen reveals he's up $600K+ this month trading lowcap memecoins
"I ran through multiple 7 figures. It came to a point where I'm like, why am I holding this half-a-million unrealized P&L that makes a difference in anyone's life just to see it go to zero?"
"This year I'm only going to do low caps. Then I see Punch and I'm like, this is the biggest thing in the world. I break my discipline, size into Punch, I'm up almost half a mil, it goes down, and I lose money on it"
"So I took some time off, rested up. This month, fully locked in, zero size. I'm trying to really be high volume and sort of mimic Cented a bit"
"The maximum I bought of a memecoin this month, and I've traded I think 2K memecoins, is $1.3K. I'm up $611K this month"
Cented says copy traders alone can't replicate his edge
"I don't think there's many people that are as fast as I am. I hover every new pair, so sometimes I miss tweets, but I'm fast when I see the tweet to the Twitter plays"
"Everything comes with a buildup of time and persistence and hard work. If I was to give my wallet to a mid trader, I would just lose all the copies in a day"
"I'm not sitting there buying slop and it goes up. I have to buy a good narrative, and I have to buy a good narrative early"
"The difference with my wallet is I can buy the good narrative and it'll get eyes. If I buy the good narrative, it'll go because of my wallet and people being able to find it"
"Whereas maybe a normie buys a really good narrative and it doesn't get buys, then it gets redevved, a tracked wallet sees it, and it'll go"
"I'm on the computer like 15 hours a day. So I'm working hard. I love my copy traders, I love the little bots on my wallet"
Insentos says new traders should build their own FNF instead of trying to join a top tier one
"It's gonna be impossible to join a good group as a newbie, literally impossible"
"The best option you have is just to find a group of friends that are hungry, that want to make money, that are willing to put the work in, and learn with them"
"That's literally what every single FNF is. Every single FNF is a group of friends that all came together and just wanted to learn how to trade"
"Morpheus was a Fortnite group, ERDFNF, Grand FNF, Pioneer, these are all people that started together"
Insentos says Kimchi hasn't spoken to him since this incident
"After I accidentally leaked Kimchi joining call, he was really mad at me, bro, I'm not gonna lie. So he hasn't talked to me since. I think time will fix it. I think he'll forgive me after a little bit"
Insentos says don't quit your job just to trade memecoins
"You have capital to trade with. If you lose the capital, you have more money that's going to come in the next week. If it's an 8-hour-a-day job, you have another 8 hours a day to trade"
"I tell everyone to get a job, bro, especially if you're trading. You shouldn't quit your job if you're not making money trading"
Rasmr explains what gave him conviction to put $20K into marscoin-4:native at $3M MCAP
"I was running $5K to $100K and I got to $60K. Getting from $5K to $30K took months and months and months"
"I get from $30K to $60K and I'm just like, let me put $20K into Marscoin at $3 mil. I never size that much into shitcoins at $3 mil"
"I was like, dude, this stock meme is a big thing, bro. Stock memes are super sick. Marscoin was launched on Flap. Flap is in YZi Labs. I'm like, I think Binance could push this shit because YZi Labs, that's CZ's incubator"
"I had $15K in this coin and I'm like, yeah, let me add $5K. That $5K added ended up being worth fucking $70K or some shit"
"It was just like divine intuition. I don't even fucking know because I usually wasn't sizing in that much"
Insentos says he holds the biggest PNL record among memecoin streamers
"Oh my God, I am up $700K on stream, bro. I fucking do this shit live. I've only been streaming for 3 days"
"I don't care who had the record before for the biggest PNL on stream. Insentos has the record now, bro. Come at me. And I still haven't sold, it's still going higher. This might be a million-dollar trade on stream"
The exact moment where Insentos called $MEME (A Meme Coin) on stream
"We're seeing an actual CEO of an actual company, AMC, which was another company that was also traded during the GME era of Roaring Kitty and all that stuff"
"This could literally be historic, bro. I'm not trying to get the chat bullish, but some coins you just have to participate"
"Either the AMC dude's like, fuck it, I'm suing Vlad, I hate Robinhood, and it creates a bunch of beef on the timeline. That's already super bullish for the coin"
"Or he flips bullish and the AMC CEO starts freaking promoting a memecoin, bro. This could be insane"
The exact moment where Insentos called $MEME (A Meme Coin) on stream
"We're seeing an actual CEO of an actual company, AMC, which was another company that was also traded during the GME era of Roaring Kitty and all that stuff"
"This could literally be historic, bro. I'm not trying to get the chat bullish, but some coins you just have to participate"
"Either the AMC dude's like, fuck it, I'm suing Vlad, I hate Robinhood, and it creates a bunch of beef on the timeline. That's already super bullish for the coin"
"Or he flips bullish and the AMC CEO starts freaking promoting a memecoin, bro. This could be insane"
Insentos and Rowdy says TJR is the only person who can PvP Ansem
Insentos: "I mean bro, TJR Coin, like, if he actually gets behind it, like, people realize he's serious about the coin, he's probably the only person that could PvP Ansem"
Rowdy: "If he fully pushed his token, it would definitely flip Ansem. Plus, there's only 20% circulating supply on his token"
Insentos and Rowdy says TJR is the only person who can PvP Ansem
Insentos: "I mean bro, TJR Coin, like, if he actually gets behind it, like, people realize he's serious about the coin, he's probably the only person that could PvP Ansem"
Rowdy: "If he fully pushed his token, it would definitely flip Ansem. Plus, there's only 20% circulating supply on his token"
Insentos says the best way to build confidence in trading is to start with a small amount of money
"If you're finding good narratives but you're struggling to buy the actual coin, it's because you haven't built the confidence based on having a bunch of good trades from your intuition"
"I would recommend literally just start trading with tiny amounts of money just so you could build your confidence"
"Once you realize that you're actually right most of the time, you know what you're doing, and you have a good intuition and a good eye for coins, then you'll start trusting yourself more and you won't hesitate"
"The best meme coin traders like Durant, Rowdy, they don't hesitate because they've had tons of positive trades where they follow their gut"
"I would just trade with very tiny amounts of money to build your confidence up. After a while, you're not gonna doubt yourself and you're just gonna trust yourself every time you have that gut feeling to buy something"
Insentos reveals he lost his first $100K on one blackjack hand
"I made my first $50K trading, and then one stupid night, I'm like, oh, there's this thing called online gambling. Let me see what this is"
"I put the whole $50K on one blackjack hand and I won. So then I had my first $100K"
"I literally just quit my janitor job a couple months ago. I thought I was the richest person on earth. I was so happy, I was so euphoric"
"I put the whole $100K on one blackjack hand and I lost it. I was back at zero. I think I was in bed for like a month. I was like, I never want to experience this again"
"It made me 10 times hungrier because I knew how it felt to have $100K. I know how it feels to be down bad, and it scares me thinking that's a possibility. So I never want to experience that"
Rasmr explains why Ansem is the Michael Jordan of crypto
"Every trader kind of has their own signature style. With Ansem, to me, his signature is these massive swings of flipping bearish at the top and flipping bullish at the bottom"
"Last cycle he called SOL really low and was bullposting SOL the whole way. Then he kind of called the top. This cycle he's on SOL, he's on HYPE, he's on PUMP, and he called the bottom perfectly"
"Nobody could ever pass Ansem. It's almost like Michael Jordan. He did some shit that could just never be replicated"
"Calling the bottom on SOL, running that up for a whole cycle, then flipping bearish at the top, then getting it right again. It's just irreplicable"
"To me, Ansem is the Michael Jordan of crypto"
Insentos explains how memecoin trading has changed since the last cycle
"The big difference from back then to now is, one, the amount of participants. There's a ton of new people on CT and just trading and two, how advanced and how optimized trading is versus before"
"When I started, there weren't trading terminals. There weren't insane wallet trackers with Twitter monitors. I remember when I first started using a Twitter monitor in Discord, you could count the amount of people that had one"
"You could actually make money buying off tweets or off news"
"Right now the market is really optimized. I would say that's the big difference, how optimized it is, how many participants there are, and how much attention it has now versus back then"
Rowdy explains why $CATE is pumping right now
"Every chain is just having its runner. We've got 4 9-figure runners on Robinhood, you have the Yellow Bull on BSC at like $90 mil, MarsCoin $50 mil. Solana has nothing"
"You have 2 options. It's CATE or FONE, or you trade new pairs"
"That's really all you have on Solana to choose from, so that liquidity is going to flow somewhere if Solana cooks"
"I sold all my WIF at $20 mil, and this was last cycle when it went to billions of dollars. It was never about the actual narrative of WIF. It was just a good narrative at the right time in crypto"
"SOL is going to have some spillover effect of liquidity after enough green candles that it's going to come onchain. It's just a matter of whatever's the best at that time"
Insentos says JayG is probably the best memecoin trader ever
"JayG, that is the one person I want to interview. I feel like that would be the craziest interview. I feel like that would break the internet"
"He is probably the best meme coin trader, not just top 5, top 10. He's probably the best meme coin trader ever"
"He's probably one of the only people to make 9 figures trading meme coins. He is him, bro"
"He doesn't tweet, he doesn't do any social media, he doesn't do interviews, he doesn't do anything"
"From raw trading to no sniping bots, no multi-wallets, just one wallet, buy, sell, hold, sell. That dude JG is him"
"If I could interview him, bro, I'd be the happiest man alive. I think that interview would literally break the internet"