Copying whales and insiders could give you 1000x
I've found the best SOL degens, their bots, tools, and strategy.
Here's how to make $100,000/month on copy trading🧵👇
Meme coins give crazy returns but only for those who know where to ape.
You might think the meme era has ended, but every day, hundreds of memes launch.
98% of the launches are rugs, while the other 2% could make you rich.
Whales and insiders are making 10-100x every day.
If you don't have your own strategy, the easiest way to profit is by copying whales.
Plan of this thread:
• Find successful degen wallets
• Set up a tracking bot on these wallets
• Learn how to quickly buy meme coins
• Learn basics of risk management
I'm using Dexscreener to find successful traders.
• Click on filters and use these settings:
• Liquidity: $50,000+
• Market Cap: $5M+
• Sort market cap from high to low.
• Open each pair
• Click on the 'Top Traders' tab
• Copy wallets of the best traders
Make an in-depth analysis of each wallet using @solanasniffer.
This will help you find traders with the highest win rate and PNL to sort them.
When the list of wallets is ready, set up notifications.
So the bot will ping you once a wallet from the list buys any coin.
I use @RayBot_sol.
Copying wallets is a great strategy, but don't forget to do a safety check before buying.
Paste the token address into http://rugcheck.xyz to ensure everything is safe.
Skipping this step could land you in a rug pull.
To buy right after the whale, use a sniper bot.
I'm using BonkBot for Solana.
It's an intuitive bot that's easy to use.
Risk Management.
Remember, meme coins are a high-risk, high-profit game.
Never invest more than you can afford to lose.
Always leave a moon bag to avoid FOMO.
#CPI_BTC_Watch #BinanceTournament #solonapumping #mememcoinseason2024 #MemeWatch2024