In my first 2 months trading solana memecoins:
- I got rugged multiple times in every possible way
- I lost all of my investment twice
- I got drained of what would have been my only big win of the first month
- Lost almost all of my investment for the 3rd time
And then I started to slowly rise back up. I had to learn so much to survive and there is much much more yet to discover.
But I didn't give up and, today, I recovered my entire losses and I'm in profit.
It feels great because it didn't come because I got lucky, but by improving my trading skills and my discipline every day, learning from every failure.
This is just the first step, but I can't stop myself from being excited and look forward to what comes next.
I see tokens trying to beta solana:9Pfync3ejPC9eHqVzq3nYQJAhyhjqpnB9UsaSfLxpump. There is nothing strange with the token running this hard, but I think it's actually impossible to create a successful beta of it.
That's because you would need to replicate the insane content @ket_on_solana delivers daily, and even if you do, you need a cult willing to stay and push like crazy.
But at that point, if you can do all of that, why deploying a beta of solana:9Pfync3ejPC9eHqVzq3nYQJAhyhjqpnB9UsaSfLxpump and suffer from being branded as a beta? The effort needed wouldn't be worth it and said dev would better create something completely original and walk away from solana:9Pfync3ejPC9eHqVzq3nYQJAhyhjqpnB9UsaSfLxpump shadow.
That's what I mean with it being impossible
@eth_exy "Mentally brutal" it's definitely not becoming rich young. It's a blessing people should not take for granted (and most of the times people in this space forget it's an instant losing it all). This take it's insulting towards real struggles a lot of people have to face daily
@AlaaEldeenAhmed@badattrading_ It happens when the buy pressure is higher than the bots sell pressure. So a real interest is required. If it doesn't happen the token gets farmed hard
@anonchain Ideally if we could leave them alone they would start draining each other. They would probably stop after 90% of them ends up in the red because of it
Faded solana:Ge87EtsjwRQbHaqQmKRno69RFTwh9bfSsm99XNxTpump too early, still hope the raccoon runs so hard it wakes up the trenches. Happy for all of you that won big on it
Jimothy run is great, and it's what the trenches needed. I didn't have much capital to risk and it affected the way i traded it, but even if I lost a big win (noticing it late), I'm still rooting for it. The same goes for every other token making it big. The moment we all root for every token to go up it's the time the trenches will spawn runners everywhere
@badattrading_ Yeah, in 1h they already found the way to farm the system. The usual people keep extracting even the dust, they are so greedy it's beyond disgusting
I believe the first and most important skill to learn is to fail the minimum amount of times possible. It's losses that dips your pnl the most. After that you slowly learn to how to pick the right coins, the right moment, and to read sentiment and situations that can lead to big wins