This morning I was scrolling my way through the pumpfun app trenches and got an alert Mike Dudas (The #1 Pumpfun investor) purchased a meme token
And I hit my biggest trade on it ($57,000), I also shared this with my followers at 500k --> 11m
Shoutout to @Schoen_xyz aswell
@sayinshallah You never deserved the money anyways so you’d never keep it. In almost all realities you will revert back to the person you’re always meant to be.
Painfully average.
HOW TO ACTUALLY BECOME A PROFITABLE MEMECOIN TRADER
This isn't a thread about turning 1 SOL into 1,000 overnight.
It's about surviving long enough to become the trader everyone else copies.
1. Stop trying to catch every coin.
The fastest way to blow up your wallet is believing every launch is "the one."
The best traders aren't taking every trade.
They're avoiding the bad ones.
Sometimes not buying is the most profitable trade you'll make all day.
2. Your edge isn't speed.
It's pattern recognition.
Anyone can click buy.
Very few people spend hours studying:
• Which wallets always rotate together.
• Which narratives keep getting recycled.
• How bundled launches behave.
• What real organic volume looks like.
• When momentum is actually dying.
The more charts you watch...
The fewer mistakes you'll make.
3. Stop chasing 100x's.
If your portfolio is under 10 SOL...
Your job isn't finding the next billion dollar coin.
Your job is protecting capital.
Stack enough 2-5x trades and your position size naturally grows.
Trying to force one life changing trade usually ends with starting over.
4. Position sizing matters more than conviction.
Never buy an amount that forces you to panic.
If one red candle changes your emotions...
Your size is too big.
Good traders survive because they can think clearly.
5. Define your risk before entering.
Don't decide where to sell after you're already down 60%.
Know beforehand:
• Where you're wrong.
• Where you'll take profits.
• How much you're willing to lose.
Trading without a plan turns every candle into an emotional decision.
6. Stop overholding.
This market isn't 2024.
Narratives move faster.
Rotation happens faster.
Competition is smarter.
Bundlers are everywhere.
If a coin gives you profit...
There's nothing wrong with paying yourself.
Leave a moonbag if you're bullish.
You don't have to round-trip your entire position just to prove conviction.
7. Learn to read participation.
Market cap alone means nothing.
One of the biggest mistakes newer traders make is believing price.
Watch the activity behind the chart.
How much real trading happened?
How many fees were actually paid?
Who's buying?
Who's selling?
A chart can look healthy while being completely manufactured.
8. Study winners more than your losses.
Everyone reviews the rug.
Almost nobody reviews the coins that went 100x.
Ask yourself:
Why did people keep buying?
Why didn't holders sell?
What narrative kept expanding?
What wallets stayed?
Winning leaves clues too.
9. Stop comparing yourself to screenshots.
Someone turning 1 SOL into 500 SOL goes viral.
The thousands who lost everything never post.
Comparison creates FOMO.
FOMO destroys portfolios.
10. The biggest battle is your own mind.
You'll sell bottoms.
You'll miss tops.
You'll watch coins pump after selling.
It happens to everyone.
The traders who last aren't the ones with perfect entries.
They're the ones who keep following their system even after a bad day.
If I could only give one piece of advice...
Protect your downside.
There will always be another coin.
Another narrative.
Another launch.
Another opportunity.
There will never be another portfolio if you lose all your capital trying to catch one trade.
The goal isn't to hit one lucky 100x.
The goal is to still be here when everyone else quits.
That's where real money is made.
here's a brain dump on the crypto / memecoin market from someone who has made $80,000 in the past 2 weeks
there have been 10 coins that went over 20 million marketcap in the past few weeks, with two of them going over 200 million
the market is good, yet there is still relatively low liquidity
I genuinely think that anyone who is willing to put the time into learning the onchain memecoin game, and stick with it long term, will make it... but you have to become one of the best
the only thing holding people back is their inability to truly focus and lock in
I've personally been perpetually locked in for the past 5 years, and I haven't worked a 9-5 since 2021
with that being said, here are my expanded thoughts:
--------------------------
why waiting for the market to "get better" is just dumb:
everyone is waiting for "easy mode" to come back, but let me remind you that even when it was actual easy mode there were still people who made millions and couldn't keep them
there were also people who made money that was substantial to them, and they pissed it away by chasing bad coins
the best time to pay attention to crypto is always, not just when you FEEL like the market is good
lets say you wake up and there is low volume and nothing going on? ok, don't trade
then lets say you wake up and there is a new 40 million marketcap runner every 3 days? start taking way more calculated trades
the market is good when the market is good, and the market is bad when the market is bad
you need to be able to control yourself and print in either type of market
--------------------------
why going for 20-200% gains is a winning strategy in a market where no one wants to hold anything anymore:
in crypto everyone wants to turn $100 into $10,000 (the classic 100x) but what people don't realize is that even a 50% gain is a good win
you CAN play the game of trying to turn $100 into $10,000, but you will likely do better playing the game of turning $100 into $200 and then turning that $200 into $400
this really is a marathon, not a sprint
everyone who tries to "get rich quick" always loses
do you want to hit one home run, or do you want to become a profitable trader over time?
that's up to you, but I personally get in and get out of trades
--------------------------
why the market doesn't reward holders (right now):
there are too many new shiny coins, and not enough liquidity
retail isn't here
we've seen this scenario happen time and time again
ANSEM launched, went to 450 million, then CASHCAT launched, went to 200 million, ANSEM dumped down to 180 million, then PONS launched, went to 50 million, then Vlad got hacked and the entire market dumped to chase it
everyone just wants to catch a pump, hold it for a bit, then the next thing comes out and everyone goes and chases it
the game of constant rotations has really discouraged retail AND people who are here on a daily basis
you can't be the hero by bagholding coins when everyone rotates, especially if your portfolio is small
--------------------------
how can you give yourself an edge?
this is easy, but many people don't do it
all you have to do is put in more time, do more research, and act faster than other people
if you're winning in this market you're probably being very deliberate with what you're trading
if you're losing in this market you're probably too slow, too late, or buying things you shouldn't be buying in the first place
how can you fix this?
- set up FOMO alerts
- go and find the best onchain wallets, track them
- join some groups, have notis turned on for important things
- spend all of your free time at your desk or on your computer
- don't buy coins that are total slop just because you're bored
--------------------------
overall I think it's pretty straight forward on how to succeed here
just put in the time, wait for the right opportunities, and size correctly into the coins that are worth buying
How 99% Lose Money Trading Memecoins (And How the Top 1% Think)
Everyone wants the next 100x.
Almost nobody asks why certain coins become 100x in the first place.
After spending the last year studying thousands of launches, wallets, rugs, cults, and billion dollar memes, one thing became obvious:
Winning in memecoins isn't about luck. It's about pattern recognition.
If you can learn the patterns, you stop gambling.
Here's the framework.
1. Every Runner Has A Reason
Most beginners only see this:
Coin went from $20K → $20M.
Traders ask:
Why?
Every successful coin has a catalyst.
Usually it's one of four things:
• Culture
• Narrative
• Community
• Attention
Your job isn't finding random coins.
Your job is understanding why people care.
If you don't know why people are buying...
...you're just hoping someone buys after you.
Hope isn't a strategy.
2. Study Culture, Not Just Charts
The chart is the result.
Culture is the cause.
A meme can look stupid on the surface...
...until you understand what it represents.
The biggest winners don't always have the funniest memes.
They create identity.
People aren't buying a token.
They're buying a movement they want to belong to.
The strongest memecoins make thousands of strangers feel like they're all in on the same joke.
That's incredibly hard to kill.
3. Every Big Coin Leaves Clues
After every major runner, ask yourself:
• Who tweeted first?
• Which communities embraced it?
• Which wallets accumulated early?
• What emotions did it create?
• Why did people hold instead of selling?
Don't celebrate the chart.
Reverse engineer it.
Every winner leaves breadcrumbs for the next winner.
4. Wallet Tracking Is NOT Copy Trading
This is where most people get farmed.
They see a respected wallet buy....and instantly ape.
Here's the problem.
The best traders know people watch them.
If they buy at $30K and thousands of followers push it to $60K...
Who's getting the best entry?
They are.
Wallet tracking isn't about copying.
It's about learning.
Study:
• Position sizing
• Entry timing
• Exit timing
• Conviction
• Patterns across dozens of trades
The lesson isn't the buy.
It's why they bought.
5. Every Great Trader Has A Specialty
No elite trader is good at everything.
Some dominate fresh launches.
Some specialize in lore.
Some buy strength.
Some buy fear.
Some only trade higher market caps.
Once you understand someone's style...
You stop reacting.
You start anticipating.
Instead of asking:
"What did they buy?"
Ask:
"What kind of coin would they buy next?"
6. Speed Is A Skill
Memecoins move in minutes.
Sometimes seconds.
If you're opening Phantom...
Searching the ticker...
Then deciding whether to buy...
You're already late.
Execution matters.
Fast terminals.
Wallet alerts.
Fresh pair scanners.
Telegram notifications.
The goal isn't to trade more.
The goal is to recognize opportunities before everyone else.
7. Protect Your Stack
This lesson cost me more money than I'd like to admit.
Let's say you turn:
1 SOL → 10 SOL → 50 SOL.
Most people immediately increase their position sizes.
Bad idea.
Your account grew.
And so did your excitement.
The fastest way to blow up is sizing up before you've built consistency.
Small size keeps emotions small.
Small emotions lead to better decisions.
Better decisions build larger portfolios.
Not the other way around.
9. You Don't Need Every Winner
This mindset changed everything.
You are supposed to miss good coins.
The Best traders miss runners every day.
The difference is...
...they don't chase them.
Capital preservation beats FOMO every single time.
There will always be another meme.
There won't always be another bankroll.
10. The Biggest Edge Isn't Alpha
It's curiosity.
Every rug teaches something.
Every cult teaches something.
Every billion-dollar meme teaches something.
People who constantly ask:
"Why did this happen?"
Eventually stop asking:
"What should I buy?"
That's when you've actually become dangerous.
Final Thoughts
Memecoins reward people who understand human psychology far more than they reward people who understand charts.
The market isn't random.
It's a giant attention economy.
Learn why people pay attention...
...and you'll start seeing opportunities long before everyone else.
If you remember one thing from this thread, let it be this:
If you can't explain why a coin should go higher, you shouldn't own it.
The money follows the narrative.
The narrative follows attention.
Attention follows emotion.
Understand that chain...
...and you'll see memecoins differently forever.
Bookmark this.
You'll understand more of it after every trade.
Good luck.
And remember...
No crying in the casino.
Game theory explains why being endlessly available is how you effectively price yourself at zero. Extraordinary value is always derived from the thing a person cannot have right now, mixed with the dream of what they COULD have. For example, when you reply within minutes every time, they'll eventually stop thanking you for it. You habituated them, and you've experienced it before: their perceived value of your time has now dropped to zero. Keep in mind that nobody consciously decided you were worth less. Instead, you just trained them to think that way. Practice restraint. Withhold deliberately. Let there be a delay or a refusal.
If you have under $1k, go for 2x-3x flips (no moonbags)
If you have between $1k-$10k, sell 70% of your bag at 3x and ride the rest to dust or moon
If you have $10k - $100k, do not ape into small memecoins anymore, go for higher size low risk bets with big memes.
If you have $100k - $1m, you should be sizing into big mcaps memes and going for 3x-5x MAX (do not hold for the moon, becaue the memes are already so big)
If you have $1m, stable most of your portfolio and accumulate BTC, SOL, ETH.
yes, that "trader" is me.
for a lot of people, making $1.2m sounds absolutely insane. but when you've spent enough time in this space, you start to understand where the money flows and how the game is played. that's when you realize how many opportunities there really are.
a few years ago, i was working double shifts at a small restaurant just to afford food. i was literally living paycheck to paycheck.
today, thank god, i live life on my own terms. i make money doing what i love, and i can afford the life i once dreamed about.
years of sacrifice and hard work have finally allowed me to say that i made it.
today, my parents are fully retired, enjoying their lives together because their son made it.
Game theory explains why improving yourself rarely fixes your outcomes. People keep treating their own skills and discipline as a dominant variable because it's the one they can consciously control. They end up running never-ending optimizations but leave the whole structure around them untouched. Suddenly, they are the shiniest object in the room, but it gets them nowhere. That's because a diamond in the mud is still part of the mud. Cleaning it and putting it back to where you found it changes absolutely nothing. Hence, you must change the structure. Swipe the whole room clean; toss out the junk. Ask yourself which environment converts what you already have into a return and what it would cost to move there. Don't spend a decade improving yourself while covered in filth. The structure around you either works for you or against you. There is no middle ground.
If you trade trend, you'll get a bunch of false starts
If you trade momentum, you'll often buy the top/sell the bottom
If you trade mean reversion, you'll periodically get carried out by an outsized move
And so on for basically every trading system
This is the cost of doing business that's embedded into every market effect you're monetising
Your job is to understand it and manage it
If you try to avoid it entirely you simply won't get paid
There's no perfect system, it's all about managing trade-offs
Go take a look at your setups/playbook or wherever your trading system lives and map its assumptions and failure cases
The stuff you wanna avoid:
1. Mutating your system because the risk feels uncomfy so you get the worst of both worlds e.g. not holding for long trends/outsized moves but still eating the false starts when you're wrong (all the downside, no balls for the upside)
2. Not knowing what the trade-offs are and sizing like a dickhead so when you're wrong it wipes out all your gains e.g. penny collecting on mean reversion with increasing size and then getting fully wiped on the outsized move
$76 into over $21,000 profit on $Jimothy
Bought $76 of $Jimothy at a $2.74K mc entry.
Coin is now at $7.2M mc. Wallet sold $14,300 so far and still has $6,770 left in tokens, turning that small buy into about 272x.
The wallet
EvRCGpzWz2NJt4WjUDorHWRgPaSkYMgKK4TAZNawkSGA
stats: https://t.co/DN2TVtCqBn
Asians are the complete opposite of Europeans in markets
Europeans are pussies who play to never lose
Asians risk everything for absolutely no reason
Study Bill Hwang, Su Zhu, etc