Thread
//🧵 Want to make a fortune with shitcoins?
Lots of people are excited about 100x, but one wrong move can wipe you out.
Learn how to be a shitcoin expert and make life-changing profits 👇
(1/13)
Lots of people are excited about 100x, but one wrong move can wipe you out.
Learn how to be a shitcoin expert and make life-changing profits 👇
(1/13)
// Here's what you'll learn in this thread:
1. Tips for working with shitcoins
2. What you should be prepared for
3. How to find new shitcoins
4. Where to buy and sell
5. Token contract analysis
1. Tips for working with shitcoins
2. What you should be prepared for
3. How to find new shitcoins
4. Where to buy and sell
5. Token contract analysis
// Tips for working with shitcoins
1. Only invest what you are willing to lose, and don't buy in large amounts.
It's better to diversify and buy several potentially good tokens.
1. Only invest what you are willing to lose, and don't buy in large amounts.
It's better to diversify and buy several potentially good tokens.
2. Always stick to your risk management.
Even if you are 100% confident in the project, buy in parts based on your expectations, and don't invest all at once.
Even if you are 100% confident in the project, buy in parts based on your expectations, and don't invest all at once.
3. Follow MCAP and liquidity. The higher the liquidity and MCAP, the less volatility.
This means that the token may not give you big profits because it will be difficult to pump
This means that the token may not give you big profits because it will be difficult to pump
4. Lock in profits. Never be greedy and plan when you will sell.
Shitcoin is a high-risk asset where your profits can turn into losses in minutes.
Shitcoin is a high-risk asset where your profits can turn into losses in minutes.
5. Security is crucial. Use a separate wallet for trading and change it periodically to avoid losing everything.
Watch what you sign and carefully analyze the contract and team.
Watch what you sign and carefully analyze the contract and team.
// What you should be prepared for
You will lose money, and these are huge risks that you must be aware of.
Be ready for FOMO and disappointments; every day, there will be a project that gave 100x, and you didn't manage to buy it.
You will lose money, and these are huge risks that you must be aware of.
Be ready for FOMO and disappointments; every day, there will be a project that gave 100x, and you didn't manage to buy it.
// How to find new shitcoins
To find new shitcoins, go to DexScreener and select New Pairs. Here are all the new tokens that have launched.
Analyze and decide whether to buy or not.
dexscreener.com/new-pairs
To find new shitcoins, go to DexScreener and select New Pairs. Here are all the new tokens that have launched.
Analyze and decide whether to buy or not.
dexscreener.com/new-pairs
There is an identical tool at DexTools, but we see all types of purchases and who is making them.
They have their markings for each type of bot so we can easily track them.
www.dextools.io/app/en/ether/pool-explorer
They have their markings for each type of bot so we can easily track them.
www.dextools.io/app/en/ether/pool-explorer
// Where to buy and sell
You can buy and sell shitcoins on separate DEXs, but it's best to use aggregators like DexTools and DexScreener.
This way, you choose the best prices from all exchanges and the DEXs where there is liquidity.
You can buy and sell shitcoins on separate DEXs, but it's best to use aggregators like DexTools and DexScreener.
This way, you choose the best prices from all exchanges and the DEXs where there is liquidity.
// Token tax check
To avoid losing your money when selling, always look at the fees set by the project.
A normal percentage is from 0 to 5. To check, go to Honeypot and insert the contract.
honeypot.is/ethereum
To avoid losing your money when selling, always look at the fees set by the project.
A normal percentage is from 0 to 5. To check, go to Honeypot and insert the contract.
honeypot.is/ethereum
// Token contract analysis
The contract shows everything that developers will do in the future and how they can scam you.
The easiest thing is to go to Tokensniffer, and it will show you all the important information about the contract.
tokensniffer.com/
The contract shows everything that developers will do in the future and how they can scam you.
The easiest thing is to go to Tokensniffer, and it will show you all the important information about the contract.
tokensniffer.com/
Tagging some web3 experts!
@wacy_time1
@cocomo9046
@0xSalazar
@My_SexyLife
@iiaone
@CryptoKoryo
@0xZayn_
@Oluwamidus
@0xTindorr
@0x_gremlin
@wacy_time1
@cocomo9046
@0xSalazar
@My_SexyLife
@iiaone
@CryptoKoryo
@0xZayn_
@Oluwamidus
@0xTindorr
@0x_gremlin
If you liked this thread:
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- Like and RT the first tweet
Appreciate y'all for the support 🐸❤️
- Follow @paulcryptoadv
- Like and RT the first tweet
Appreciate y'all for the support 🐸❤️
