Post
Topic
Board Altcoin Discussion
Re: Meme Coins Question?
by
electronicash
on 02/12/2023, 20:08:11 UTC
if you want to trade with USD instead i think Robinhood offers SHIB/USD pair. you won't have to use that wBTC or wETH. looking for other memecoins besides SHIB and Doge sounds riskier. you're doubling down the risk of betting on new memecoins.

Just a few observations:

Top 100 market cap probably won't do 10X in hours, the 100th have roughly half billion of capitalization, if you multiply by 10 it become 60th, not feasible. To reach 10X, or even 100X it is necessary get top 1000 market cap.

Those low cap coins can only be traded in DEX, get used to Uniswap and related and prepare for a lot of rug pulls.

Personally i do not believe it is possible to gain in short term trading, the market is roughly random, and of course, few one do it,  but for each one that make money a lot tried and lost, It's a lottery, do not recommend.

he is looking for the new for it's the only market that can make him win big in the short term. Sometimes they were just pumped which if he is at the right time, he can
profit. the problem with this is that there is no chart to look at.