I quit binance futures trading and i do now only solana meme coins trading

[wxxyrqa]

Trust me, you will definitely have less worry about liquidation as with futures.

Instead you will have 100% guarantee that your Solana memecoins will never liquidate, they will go to almost zero without being zero.

People refuse to learn lessons about shitcoins.

They will not pay attention to this, since they are ready to take risks in order to get a high level of profit. One way or another, some lose, while others earn, even if they deal with shitcoin.

[fuguebtc]

I quit binance futures trading and i do now only solana meme coins trading

I don't see much of a difference between investing in memes and trading futures, both of which are extremely risky ways to make money and more akin to gambling. Although I have also invested in some memes on Solana because I believe that this season, Solana will have a lot of interesting things and projects that bring huge profits can come from the Solana blockchain. But I consider this just a gamble, a speculation , meaning I accept the risk and am willing to lose that small investment of mine. And I don't think it's wise to focus or invest entirely on memes.

If you think making money and getting rich from memecoin is easy then I advise you to be careful with your choice . I think our long term investments should still focus on bitcoin and some of the top altcoins will still be better.

This year, many people have put a lot of money into their wallet thanks to memcoins. But first of all, it must be said that this is not due to the exclusivity of a certain project, but due to the use moment. Memcoins need investment and the one who sells the tokens the fastest will win. But they can be sold without waiting for the peak. And I’m not talking about those memcoins that are market leaders mems.

Are you talking about meme tokens that are on DEX and have a capitalization of only a few tens of thousands of dollars, a few hundred thousand dollars? And that's also what the OP is talking about. I don't invest in those high-risk tokens, I invest in meme tokens listed on top exchanges like Wif, Myro, Bonk...most of them are listed on binance, Gate...

If you are adventurous and know what you are doing, you can still invest in memes on DEX but I just want to advise you to only invest with a very small amount of capital and don't trust too much in someone's made 1000% profit from it. Most of the wallets that reap huge profits from those projects are developers' wallets and they make up stories to attract naive investors.

[naira]

Im trading meme coins i try to look support before entry in trade and make sure there is enough liquity locked burned and good volume and project have some website and Community then i entry usually i make now 5x-10x in 24hours Im not too greedy Because better to have constant profit.

There is no such thing as support levels, especially in newly listed meme coins, lol. Everything is mostly about speculation, FOMO, Pump and dump. If you don't follow the rules, you get burned

The OP didn't say everything, as if she had found a hidden gem but in fact she found a pile of crap in the trash. There is nothing certain about coin memes and OP feels 100% confident about being a coin hunter on Dexscreener. This is ridiculous because what is clear is that he is the long-awaited victim of meme coin scammers who are ready to withdraw liquidity at any time while the OP is asleep, the Solana network is the easiest place to do all that. compared to other networks. You could say it's a tradition every season, and you just have to look at the FOMO newbies without doing any research.

[wtsimis]

This is a good decision of yours. As a small trader I think binance futures trade can only be done by whales. Because they have a lot of dollars. So they can add good liquidation. The market fluctuate so much that it is not possible to liquidate them unless the market suddenly crashes. So do real trade. Wait patiently you will surely get something good.
But I don't think it's good to trade with Memecoin. Memecoin does a lot of fluctuate. In particular, the spread of social media and the influx of small investors has boosted the market unimaginably. But at one time his hype decreased and investors started to leave. Just then those who hold lose a lot. A feature of Memecoin is that even if you want to do dollar cost averaging (DCA), it will not give you an opportunity to get out.

[Stable090]

I consider both meme coins and futures trading as gambling with the funds.

It’s surprising to me because i don’t see any difference between future trading and meme coins. The risk in the two is just too high. Just the way you said it, involving yourself in future trading and meme coins is just like gambling, you can either win or lose. I don’t know why someone will think investing in meme coins is better than trading futures, seriously, I don’t really encourage anyone to involve themselves in the two because I know the risk involved. But if I am left with the two options, then I will prefer to go into future trading because I know how to manage my risk in future trading.

Some of them gave insane multipliers whereas someone didn't even last a day as they got dumped. I think it is better to stay away from both if you can't accept big loss.

Meme coins are mostly created just to scam people, most of them are just pump and dump coins, it’s always pump whenever there is hype, and then after people have already invested, they will end up dumping it.

[wiss19]

Well, it's good for you if what you are doing is working out for you. Generally, when people get into trading meme coins, they tend to lose money because they invest in every meme coin they come across and they lose more money than they earn from these investments. 10x or more returns from a single project is a lot, one should be happy even if they get 2x from a single project since meme coins are extremely risky.

Those who are into futures trading can earn good returns as well but it all depends on how much knowledge and experience they have because you can only earn good profit from futures trading if you understand the market and its movements very well so that you can place your trades accordingly.

[X-ray]

its good that you finally find something that you can make profit in, there's nothing wrong with trading meme coin as long as you know the risk carried with investing in some random coin with chance of rugpulls which fairly speaking can be mitigated easily by just observing the contract code whether it abide to the standard protocol and also finding out more about the meme coin but there's always chance that some of the meme coin creator are pulling some string to dump the meme coin when there's liquidity available in the LP draining them all in one fell swoop.
just be careful that the narrative might change, the meme coin trend might switch from solana blockchain to another blockchain nobody really know but usually after certain time it will switch.
so far seeing from dex screener there's indeed many meme coin still being generated and some of them are having good gains but you should also understand that the reason you can make profit in meme coin is because someone also losing in the trade probably buying the coin at peak which then become your exit liquidity same thing with future, its actually just the same thing different name only.

whether its meme coin or future trading in my opinion the risk carried is the same, you usually can find the same pattern like meme coin with new alts that just got listed where they are still in price discovery stage anyway.

[retreat]

I wish more people learn this becouse right now it's allmost only income i have and unemployment benefits also i will be working until Im full pro with meme coins If you entry right time you could see coin price goes up like 1000% in few hours.

That's very risky. You only rely on trading meme coins which I think is much riskier than trading futures. What you are doing now is not trading, but more like gambling - you are just gambling your money on meme coins where the price is very volatile and at any time it can drop. If you still love your money, you should look for other sources of income with the money you have now. But if you feel confident enough with what you are doing now, that is your choice, but don't regret it if in the end all your money is lost in this meme coin trading.

If you don't get too greedy then it's easy to make money also i like trading meme coins becouse a lot volatility and alot capital Are in Meme coins specially solana chain and cheap fees Also i like that i don't need watch btc price becouse meme coins world there is always movement never Boring and for unemployed and without education it's perfect way to earn decent money
I use jupiter it's best dex exchanger.

Only a stupid person doesn't have a job but he wants to trade his money on meme coins like that, especially for people who are not educated. Because if you don't work, you should use the only money you have to find a job or start a small business. Trading meme coin has no guarantee that you can make money quickly from it - it is very volatile and if you make the wrong move, then all the money you have will simply disappear. Don't just ignore your rationality because you are looking for quick money from trading meme coins, be realistic and use your money as wisely as possible.

[wxxyrqa]

Are you talking about meme tokens that are on DEX and have a capitalization of only a few tens of thousands of dollars, a few hundred thousand dollars? And that's also what the OP is talking about. I don't invest in those high-risk tokens, I invest in meme tokens listed on top exchanges like Wif, Myro, Bonk...most of them are listed on binance, Gate...

If you are adventurous and know what you are doing, you can still invest in memes on DEX but I just want to advise you to only invest with a very small amount of capital and don't trust too much in someone's made 1000% profit from it. Most of the wallets that reap huge profits from those projects are developers' wallets and they make up stories to attract naive investors.

I agree, this is a huge risk. I also have memcoins in my portfolio which have several tens of millions of market capitalization and I am sure that I will make an even larger profit over time, than it is today. But there are coins that have much less market cap, and they brought me 20x and 10x in the first few days after the start. Of course, I understand that these were not very noticeable projects and I was just able to take advantage of the moment.

[tvplus006]

To trade futures it takes time and need to watch and a lot worry about liqutation...

It is obvious that you are euphoric right now, after several successful trades) But it will definitely end, since investing in a meme coin is just as risky as futures trading. Accordingly, no matter what type of trading you choose, you will need to use a risk management strategy, otherwise your deposit will be reset.

[Issa56]

Those who are into futures trading can earn good returns as well but it all depends on how much knowledge and experience they have because you can only earn good profit from futures trading if you understand the market and its movements very well so that you can place your trades accordingly.

If you are already a professional trader, then I don’t have any problem with you going into future trading, you already have the appropriate knowledge and can manage your risk. But if you are new to crypto, don’t even try to go close to future trading because you can easily lose your money. Don’t think about the high profits when you trade futures, you should also think about the risk involved in it. You can lose the entire amount of money you are using to trade within a few minutes, so if you don’t have the appropriate knowledge, don’t go close to future trading.

[gabbie2010]

To trade futures it takes time and need to watch and a lot worry about liqutation.
Who ever made solana and Dexscreener its genius and im thankful for this opportunity.
Im trading meme coins i try to look support before entry in trade and make sure there is enough liquity locked burned and good volume and project have some website and Community then i entry usually i make now 5x-10x in 24hours Im not too greedy Because better to have constant profit.
But i also buy some good projects for longer wich i belive Will do good in future i have for longer holding crodie and gatsby i belive they are definately good projects then i have cat project wich will teach kids about crypto so those are my coins for longer hold.
On solana chain it's easy to find coins becouse you can track the wallets usually one successful project is connected another good coin so it takes just some decteve work tracking the wallets and txt on blockchain and Im good to go.
I wish more people learn this becouse right now it's allmost only income i have and unemployment benefits also i will be working until Im full pro with meme coins If you entry right time you could see coin price goes up like 1000% in few hours.
If you don't get too greedy then it's easy to make money also i like trading meme coins becouse a lot volatility and alot capital Are in Meme coins specially solana chain and cheap fees Also i like that i don't need watch btc price becouse meme coins world there is always movement never Boring and for unemployed and without education it's perfect way to earn decent money
I use jupiter it's best dex exchanger.

Truly there are some profitable meme coins on Dexscreener based on Solana network which I closely monitor via telegram signal group when a trader buy at a very low price there is always a probability of the meme coin pumping to at least 5X though just few times in a week and all the trading calls from that signal channel is very profitable, I think I would also start trading those meme coins instead of the highly risky future trading, of course a trader has to be at alert 24/7 because there is no particular period or time meant for buying a potential meme coin and the earlier the entry for buy the better.

[barbara44]

How's the experience? Pretty sure that you're having a fun time because your speculation is much more riskier than usual trading since most meme coins have a really volatile market and you exactly don't know which one will have the most profit and hodling for a long-term profit isn't really a thing.

I think there is no real difference since futures are also highly risky right? Maybe for some, that is their definition of fun but for the others, it is actually more worrying and they might not even start it. Even though meme coins are pretty much the same, I think there are still indications to tell if which of them has the potential and which doesn't have.

I recommend that you should also participate in airdrops in prices because you will never if one of those airdrops might give you some more money to fund your trading or maybe even make you huge profits.

Airdrops doesn't have the same hype as trading, so he might not get interested with it. I won't say that airdrops will give you more money just like that but actually you will be needing a sufficient capital first before that happens, as airdrop task requires the user a real money to initiate them.

i will be working until Im full pro with meme coins If you entry right time you could see coin price goes up like 1000% in few hours.

Memecoins for 1000% returns? You must be joking. Yes, if you find 20 or more such coins and invest with them then you get such 1000% profits only from one coin. It means you will face losses from all other 19 coins. That profits from only one memecoin is also perfectly depending on your entry price. So, if you are ready to risk like this then you can start chasing memecoins.

[stomachgrowls]

To trade futures it takes time and need to watch and a lot worry about liqutation.
Who ever made solana and Dexscreener its genius and im thankful for this opportunity.
Im trading meme coins i try to look support before entry in trade and make sure there is enough liquity locked burned and good volume and project have some website and Community then i entry usually i make now 5x-10x in 24hours Im not too greedy Because better to have constant profit.
But i also buy some good projects for longer wich i belive Will do good in future i have for longer holding crodie and gatsby i belive they are definately good projects then i have cat project wich will teach kids about crypto so those are my coins for longer hold.
On solana chain it's easy to find coins becouse you can track the wallets usually one successful project is connected another good coin so it takes just some decteve work tracking the wallets and txt on blockchain and Im good to go.
I wish more people learn this becouse right now it's allmost only income i have and unemployment benefits also i will be working until Im full pro with meme coins If you entry right time you could see coin price goes up like 1000% in few hours.
If you don't get too greedy then it's easy to make money also i like trading meme coins becouse a lot volatility and alot capital Are in Meme coins specially solana chain and cheap fees Also i like that i don't need watch btc price becouse meme coins world there is always movement never Boring and for unemployed and without education it's perfect way to earn decent money
I use jupiter it's best dex exchanger.

Truly there are some profitable meme coins on Dexscreener based on Solana network which I closely monitor via telegram signal group when a trader buy at a very low price there is always a probability of the meme coin pumping to at least 5X though just few times in a week and all the trading calls from that signal channel is very profitable, I think I would also start trading those meme coins instead of the highly risky future trading, of course a trader has to be at alert 24/7 because there is no particular period or time meant for buying a potential meme coin and the earlier the entry for buy the better.

The trend now is on solana meme coins but they could interchable with neither ETH or some other networks but now majorit that it is really that pumping is on SOL blockchain and this is why people would really be jumping into those decentralized exchanges and would really be trying out their shot into some SOL memes. Yes, it is really something profitable but at the same time it is really that something that could make your
money vanish into thin air specially at the moment or time that you do find yourself that pointing out into those rug projects on which we know that this is really that very common on decentralized exchangers.
The thing on what makes it interesting that once you do able to hit up the right project then you could potentially be able to make easy 10x-100x if you are really that lucky.

This is why i cant blame out into those people who are really that loving on dealing with meme coins. If on OP turned out to be something profitable for him then consider yourself that lucky
because not all that touching up meme trading do end up on being profitable but rather the different.

[lixer]

its good that you finally find something that you can make profit in, there's nothing wrong with trading meme coin as long as you know the risk carried with investing in some random coin with chance of rugpulls which fairly speaking can be mitigated easily by just observing the contract code whether it abide to the standard protocol and also finding out more about the meme coin but there's always chance that some of the meme coin creator are pulling some string to dump the meme coin when there's liquidity available in the LP draining them all in one fell swoop.

I can never trust meme coins and don't even think of making a big investment in meme coins because meme coins can cheat you anytime and you can lose your good money in them. Now if you invest in Bitcoin or any other good alternative coin, then you are sure that if your money has gone down, then with time, there is a hope that it will recover, but meme coins, if once dropped, there is no guarantee that they will ever recover or that you will be able to get your investment back.

I have often seen posts and heard people saying that they made a lot of money with meme coins. I never understood how people make money with them. There is a lot of risk involved. Yes, it is also true that taking risks can bring profit but such profit in which the chances of losses are high should be avoided. There are many good alternative coins in the market which will give you more profit in return. It is better to choose these good altcoins if you can.

[mirakal]

Well, I'm going straight --are you successful now? I hope you will...

Honestly, whether you are in futures trading or spot trading, if you don't have good trading knowledge, you still end up losing your money. And it was not just a matter of choosing an exchange but also, the coins we used. Don't get too emotional and choose meme coins because of the hype and market popularity these days instead, look at their potentiality. Think that hyped projects never stay long like that and it was not surprising for a sudden drop because that is really how it works. Maybe it works now and you earn profit but never assume the situation remains and it gives favors to you OP. Better think of another option, don't focus on meme coins for at least having some assurance of not losing all of your money.

[zenaku]

To trade futures it takes time and need to watch and a lot worry about liqutation.
Who ever made solana and Dexscreener its genius and im thankful for this opportunity.
Im trading meme coins i try to look support before entry in trade and make sure there is enough liquity locked burned and good volume and project have some website and Community then i entry usually i make now 5x-10x in 24hours Im not too greedy Because better to have constant profit.
But i also buy some good projects for longer wich i belive Will do good in future i have for longer holding crodie and gatsby i belive they are definately good projects then i have cat project wich will teach kids about crypto so those are my coins for longer hold.
On solana chain it's easy to find coins becouse you can track the wallets usually one successful project is connected another good coin so it takes just some decteve work tracking the wallets and txt on blockchain and Im good to go.
I wish more people learn this becouse right now it's allmost only income i have and unemployment benefits also i will be working until Im full pro with meme coins If you entry right time you could see coin price goes up like 1000% in few hours.
If you don't get too greedy then it's easy to make money also i like trading meme coins becouse a lot volatility and alot capital Are in Meme coins specially solana chain and cheap fees Also i like that i don't need watch btc price becouse meme coins world there is always movement never Boring and for unemployed and without education it's perfect way to earn decent money
I use jupiter it's best dex exchanger.

I'm also unemployed, can you help me, to pass the time?

[shinratensei_]

Well, I'm going straight --are you successful now? I hope you will...

Honestly, whether you are in futures trading or spot trading, if you don't have good trading knowledge, you still end up losing your money. And it was not just a matter of choosing an exchange but also, the coins we used. Don't get too emotional and choose meme coins because of the hype and market popularity these days instead, look at their potentiality. Think that hyped projects never stay long like that and it was not surprising for a sudden drop because that is really how it works. Maybe it works now and you earn profit but never assume the situation remains and it gives favors to you OP. Better think of another option, don't focus on meme coins for at least having some assurance of not losing all of your money.

its honestly the same risk whether its meme coin or future trading (the long ones) because if coin go zero then our money go zero as long as we don't over leverage, I think OP in this case prefer meme coin because he always over leverage with future trading.

just using 1-2x leverage already suffice honestly, also there are many perpetuals of solana meme coin in exchange as well, so far I have the quite opposite experience if compared with OP, i find future trading a lot easier to make profit with the market sideways rather than meme coin.
doesn't matter how hard I try always got the worst meme coin ever and somehow losing because the sudden dump, I guess difference in preference and strategy matter a lot in this case but personally I could never find that 1 in a thousand chance with my bad luck so I just settle with future trading and reasonable decision making.

the problem that I encountered with trading meme coin is that finding meme coin that is legit and could make it to hundred of millions market cap requires good luck to begin with and in raydium for example where solana meme coin growing as if there's no tomorrow there are so many meme coins.
usually when I found one good meme coin its already in the market cap of hundred millions that means i'm more likely to lose in my trades.
therefore I just decided that its not for me just like you stated. good knowledge matters.

[Assface16678]

Well, I think meme coins are also risky. From the word "meme," and meme coins tend to be overhyped and later on rug pulled. In short, meme coins have a short life span in the market as many investors think of them as short-term investments, so they're a bit risky. Well, it's better than trading in futures because it's more risky, and with one wrong prediction, it could burn all of your money. Many beginners are doing futures because they have a wrong idea about it. Yes,  you can earn a lot of profit from futures, but at the same time, you could lose it all. In short, the higher the leverage, the higher the possible losses. I suggest that instead of meme coins, how about investing in more stable or trusted coins? Such as altcoins, it is the alternative to bitcoin, and many altcoins are proven trusted and profitable. Anyway,  if it's good for you, then it's up to you.
 

[Maus0728]

Are you doing fine with your current meme coin trading lifestyle right now? Also, do you have like a really big profits doing all of this because it's such a really weird transition for you to go through, I mean if you look at it this way, you've went from an already difficult trading and then you go to the much more difficult stage is so weird but respectable to me. You just have to be mindful of what you're doing though, meme coins are generally so risky and the return that they'll give isn't really that big, make sure that you're not doing all of it wrong or too much.