Cooked Labs

Question 10: reddit.com/r/CryptoCurrency/… what really interests me is which signs you look for in a new trade. Could you explain whats you checkbox for finding these trades early? I follow you and admire your talent! End up agreeing with often and as a result make good calls myself. But i would like to learn! To find these and analyze myself :D I find psychology the most interesting in crypto, combined with learning the technical. Thanks alot in advance! Answer: i believe three key things are the most important for taking any key trade: 1. narrative: most trades oscillate around narratives, be it in crypto or outside of it... but especially crypto. this cycle, crypto has mostly oscillated around 3 main narratives if you remove BTC/ETH: memecoins, AI and RWA and within memecoins, there are meta narratives that you can trade: e.g. Elon Musk meta (Doge/Bonk/Floki/Shib/Ani), animal coins (Doge/Bonk/Pepe/Kori), financial/market nihilism (Fartcoin/Useless coin), coins in a particular ecosystem (Solana eco/Ethereum eco/BonkFun eco), AI memecoins, etc the market tends to favor some narratives at certain times, and your job is to find these narratives very early and key into them ideally, you want to choose a narrative that is timeless e.g. a trade i was very early to was the politifi narrative heading into the US elections, and while i had called a lot of these trades early and they ended up doing hundreds of Xs at peak, i realized they tend to lose steam when the political event plays out by contrast, DOGE/BONK/FLOKI which are animal coins will always be timeless. USELESS coin/FARTCOIN which are based on financial nihilism will always be timeless 2. community: memecoins have no intrinsic value. they are basically tokenized attention, which means their value is based on the level of attention around them this is why community is one of the most important things for a memecoin ideally, you want to choose a memecoin that has a strong, cult-like community that continues to talk about it regardless of whether the price is up or down on any given day a coin with a good narrative and no community will not take off until a strong community forms around it 3. access and liquidity: memecoins are heavily retail-driven, which is why ease of access and liquidity is critical to their success i.e. retail does not want to go through hoops to buy, so you want to make sure buying it is as easy as them clicking a few buttons on apps/platforms they already use this is why it is important to go with coins that have strong liqudity and availability on good CEXs or that are likely to get listed on good CEXs (if you want to be early) if you trade on DEXs, of course it helps if a coin has a sizable liquidity pool... but my definition of 'liquidity' goes far more than that 'volume' is a more accurate representation of liquidity if you can ensure that the volume is organic and not wash volume for a few reasons: - it shows that there is strong enough demand to absorb sell pressure which helps hold the price - it is a key signal CEXs look at to decide what to list, so it improves the odds of a memecoin being listed which then raises its ceiling this is why it is a good sign if a memecoin continues to do a lot of consistent volume in its very early stages of course there are more factors at play, but i've been trading memecoins across multiple cycles now and believe the above to be the most important ones