Following the bullishness of the market, we’ve seen Bitcoin and altcoins moving uptrend without showing any signs of slowing down. Memecoins particularly have been gaining momentum, this made me put more attention on them.
Considering, lot of memecoins enter the market daily, i made some research on how i can filter out the potential ones and so far buying coins on ChainX has made me good returns. The cex has an ongoing New signup 150K usdt prize...anyone can participate..
The fact it gives degen traders access to the potential and high value coins early has been a game changer for me. what's your thought on entry strategy
Is this post to promote an exchange or to share your experience with the forum? If you want to stay profitable on the long run, I think it's better to take it a bit slow. There's no need to be fast on your entries to avoid serving as liquidation on the market. There are certain coins that requires you buy early due to the rate at which they are pumped in the market but you still need to be careful because they are easily dumped when they see that the volume of traders in the market is very high. It doesn't matter which exchange you are using to execute your trade the risk is still the same...