What I get after 2 months of active trading on Shitcoin
I share my playbook for hunting new coin and making profit
Sunday fun day everyone! I haven't published a newsletter in a very long time; the last one was on February 27, 2023, when I was still actively involved in the shitcoin community. I also apologize that I couldn't even publish a newsletter because looking for new coins really took up all of my time. I also rarely read books and post on Twitter. I will publish all of my experiences from trading shitcoin every day for two months in order to make up for my absence of more than a month without producing a newsletter.
I'm going to try to get back into the practice of producing a new newsletter every week starting with this one. Having said that, let's jump right into the alpha-
Shitcoin Dictionary
BL = Blacklisted -> You can't sell or send your token
Renounce = Contract owner transferred to dead wallet
Jeets = People who sold early (Paperhand)
LP Lock = Liquidity Pool locked by system
Market Cap = Floor Price
Bridge = Transfer coins between chains
Honeypot = You can’t sell token because dev rugged you lol
Tools
Dextools.io → Chart
Dexscreener.com → Chart
Geckoterminal.com → Chart
Tokensniffer.com → Check lock, renounce, etc
ave.ai/pool → Check New pool / New pair token
DEX? You can check it on Gecko Terminal because each chain has a different DEX.
Do this before ape to any coin
1. Buy/Sell tax?
2. Contract Verify?
3. Telegram?
4. Twitter?
5. Lock?
6. Renounce?
Only ape if the 6 points are completed✅
My playbook for hunting coin
You have to decide which chain you want to play on (BSC / ETH / Arbitrum / Etc)
I check new coin on Ave.ai/pool (search coin below 60 mins launch)
Click 1 per 1 the coins
Then click the following shield sign
Check if the coin is safe or not (Reread "Do this before anything to any coin" that I mentioned earlier)
If you are sure, then all you have to do is buy the coin at the DEX that has been mentioned. (Check on liquidity page)
My advice, you have to join Telegram from the project you are going to buy to check the latest news. And also you have to join many DAOs on Telegram to discuss Shitcoin projects, you will learn a lot from discussions with fellow shitcoin traders.
When is it time to sell? usually I will sell half of my assets when 2x profit, and let the rest moonbag. But it also depends on the situation, if it's still bullish with the project I will hold, and vice versa. That’s why you need to join many DAOs to monitor opinions about shitcoin projects that you have purchased.
Disclaimer:
I never suggest you to buy $BTCEO because it’s only an example, and becareful when trading shitcoin, because it’s more wild than NFT Degen.