cryptojohncena.eth

BEFORE you trade a memecoin just take a pause and work through the following checklist: 1. did you check whether it could be a rug? (bundled launch, liq not burnt etc) 2. did you check socials? (make sure its not duplicate of a coin launched earlier, check if unique, fits meta etc) 3. did you identify main support & resistance areas 4. based on how new and the marketcap have you thought about the appropriate sizing to use here. (0.1 sol, 1 sol, 5 sol, etc) 5. do you have a clear strategy of where you want to buy and where you would sell/take profits? 6. Check your potential ROI- is the trade even worth it (eg buying a coin at 400mc and trying to exit at 425mc resistance makes zero sense for the risk/reward) If all above are ticked then CLEAR to go! many times a trade just wont make sense for the above reasons