trading memecoins is not easy and you wont get rich quick
if you start your trading journey off with this mindset you will be destined to fail
ive spent the past 232 days trading 8+ hours a day just to get to the point where i can even compete with the top guys
the best traders I know spend every waking moment staring at charts and have sacrificed time with friends and family just to trade
this shit is not easy, it’s hard work
not sure if it’s just my chat, but whenever im in a coin that draws down 60/70% from the highs, people always panic and ask if its cooked
if thats the mentality you’re trading with you’re NGMI
don’t trade with borrowed conviction. i buy narratives that i believe in and put in an amount of money that im ok with losing
either you’re putting too much money into your trades or you study the techniques of conviction-less traders that aren’t willing to hold through 1-2 consolidation phases
social trading apps should let you write theses on other users
a lot of times you have people who get a following / hit a big trade and then use their newfound social capital to farm, topblast their own bundles, or just overall trade like shit
would be nice if somebody could figure out how to incorporate a rep system on these apps because I don’t think PnL, followers, and hold time tell the full story