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

[Lanatsa]

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.

It all matters about profitability on which on the moment that you would really be finding yourself that having that positive outcome or something that will be profitable then of course you would be sticking into that.
The fact that trading with solana meme coins is really that interesting and something that looks appealing because of potentially be able to hit up huge multipliers with your trading capital.
Although when it comes to risks factor then it is really that something that could be equaled with dealing up with futures. Why? chances or odds on making yourself deal up with rug pull projects is high.
This is why i do believe that a little bit mix of luck would really be that relevant at the moment that you would really be stepping your foot into trading up with memes, and since that solana is really making out some
noise too then it would really be always getting in line.

When it comes to futures trading then this is something that would really be that too risky for someone to deal with.Just like on others suggestions above that
you should really be that familiarizing yourself or having that good results on spot before you would really be touching up this field of trading.

[Bushdark]

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.

I don't know why some persons think that meme coins are bad to hold. There is nothing wrong with meme and we can even buy and hold good ones for a long time and far as possible. We need to make money which should be the goal not trying to discrimination a coin because so much kind of coins have so many scam ones. If we really wants to make money from the market then we must be ready to make money from meme coins because one can easily multiply their holdings which is the same with losing money too.

[Ben Barubal]

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.

I don't know why some persons think that meme coins are bad to hold. There is nothing wrong with meme and we can even buy and hold good ones for a long time and far as possible. We need to make money which should be the goal not trying to discrimination a coin because so much kind of coins have so many scam ones. If we really wants to make money from the market then we must be ready to make money from meme coins because one can easily multiply their holdings which is the same with losing money too.

     If it's about profit and you're in the crypto business, we can do it with any cryptocurrencies, actually. Even if it is a shitcoin, meme coin, altcoin, or bitcoin, we can make a real profit. The others just go along with the trend or hype; the others have real knowledge of trading; and the others rely on luck.

     As for investing in meme coins, I agree that it's not really bad; it's just in the minds of some of us that it's bad and ugly because, in their eyes, it's a shitcoin. That's their opinion because, at the end of the day, we're still the ones who will decide in the end.

[bitgolden]

You have done something weird, going from a wrong thing to another wrong thing doesn't make you right. Yes you were right to give up binance futures trading because if you do not know what you are doing then you are going to lose a lot of money to that. However, we should also remember that SOL memecoin stuff are not the way to make money neither, while there were a few people and a few projects that made money, it doesn't mean that you are going to hit one of those things neither, it is going to be quite different.

We should probably consider how to get better, we should consider how to make a bigger change in the end. I believe that the best thing to do would be just getting bigger results and to do that you should look for trusted stuff.

[adaseb]

Past week or so I am sure there was profits to be made on those celebrity tokens and gme. Basically if you had alerts set on twitter and you bought right after they made an announcement of launching their meme token, you could of gotten a decent entry and profitable handsomely.

Same with gme if you followed roaring kitty Reddit or YouTube channel. These are extreme low cap meme tokens and they can move quick. If you get in early you should make a profit.

But it’s a lot of work. I don’t have time to stay glued to the computer and wait for certain celebrities to make tweets they are launching a meme coin.

Hence I stay out of all these tokens. Way too risky.

[stomachgrowls]

Past week or so I am sure there was profits to be made on those celebrity tokens and gme. Basically if you had alerts set on twitter and you bought right after they made an announcement of launching their meme token, you could of gotten a decent entry and profitable handsomely.

Same with gme if you followed roaring kitty Reddit or YouTube channel. These are extreme low cap meme tokens and they can move quick. If you get in early you should make a profit.

But it’s a lot of work. I don’t have time to stay glued to the computer and wait for certain celebrities to make tweets they are launching a meme coin.

Hence I stay out of all these tokens. Way too risky.

One of the main few questions that i do have in mind.

If you wont mind, would you shared up on what YT Channels that you are following or X account/profits on which giving out some Alpha or tending to launch those memes?
Im not really that good when hunting up those meme coins on their earliest time or first few candles, on which i do end up on entering when it did make out some good marketcap already and
not to be able to enter while its still cheap.

Well, it would be understandable that investing or trading it up below $100k MC is still considered not to be an assurance that it could fly, in compared into those meme
that touch up $1M ATH which you could really tell to yourself that this one would really be having that potential to push through $10M or even more.
Trading with meme coins is indeed risky, you would really be needing that heart of stone or being that emotionless. 

[kentrolla]

Past week or so I am sure there was profits to be made on those celebrity tokens and gme. Basically if you had alerts set on twitter and you bought right after they made an announcement of launching their meme token, you could of gotten a decent entry and profitable handsomely.

Same with gme if you followed roaring kitty Reddit or YouTube channel. These are extreme low cap meme tokens and they can move quick. If you get in early you should make a profit.

But it’s a lot of work. I don’t have time to stay glued to the computer and wait for certain celebrities to make tweets they are launching a meme coin.

Hence I stay out of all these tokens. Way too risky.

Yes, I can vouch for it as I tried experimenting with a very low capital on Solana meme coins through Phantom wallet and trust me I spend 3 consecutive hours with even a breather and guess what I ended up losing it all after winning initially as it's not different to future and here in memecoins majority of them are scams they get you rug pulled, you are just one wrong move away from losing it all. Better to stay away from it.

[goaldigger]

Yes, I can vouch for it as I tried experimenting with a very low capital on Solana meme coins through Phantom wallet and trust me I spend 3 consecutive hours with even a breather and guess what I ended up losing it all after winning initially as it's not different to future and here in memecoins majority of them are scams they get you rug pulled, you are just one wrong move away from losing it all. Better to stay away from it.

Many are still hoping for a quick rich scheme and they believe meme tokens are the best way to achieve it.
If you're lucky enough to get in and exit early then there's a big chance for you to make good profit but if not, then expect to lose it all. Investing with meme tokens are more risky than doing futures trading, because in meme token they will just surprise you by the rug pull and you have no more chance to recover your money.

[muncuss]

I don't know why some persons think that meme coins are bad to hold. There is nothing wrong with meme and we can even buy and hold good ones for a long time and far as possible. We need to make money which should be the goal not trying to discrimination a coin because so much kind of coins have so many scam ones. If we really wants to make money from the market then we must be ready to make money from meme coins because one can easily multiply their holdings which is the same with losing money too.

what we talking here is memecoin which is yet to reach established status like shib or pepe. They are basically gambling. But well of course still up to you if you want to do it but we all know eventually you will get burned

[shinratensei_]

Past week or so I am sure there was profits to be made on those celebrity tokens and gme. Basically if you had alerts set on twitter and you bought right after they made an announcement of launching their meme token, you could of gotten a decent entry and profitable handsomely.

Same with gme if you followed roaring kitty Reddit or YouTube channel. These are extreme low cap meme tokens and they can move quick. If you get in early you should make a profit.

But it’s a lot of work. I don’t have time to stay glued to the computer and wait for certain celebrities to make tweets they are launching a meme coin.

Hence I stay out of all these tokens. Way too risky.

those celebrities usually announcing their token before they deployed it, but whats more difficult for me is keeping up with the celebs or twitch streamer,those celebs amounts to hundreds if not thousands including twitch streamer makes me lost track most of the time so I just settled with dex screener.
but if i'm being honest its not even worth investing anyway, most of the coin dumped later on. most don't even make it past $10 million market cap, the hypes with these celeb tokens are short lived,

this is $MOTHER and 24h in and already 40% dump at some point you know the early birds gonna sell their bags and you know what make this celeb token even worst, the more likely probability that none of them gonna ever hit big exchange like binance and so on because those exchanges are all about credibility so short lived hype won't even be taken into account.

with GME i become even more uncomfortable, the notion of buying when other people literally already making profit reaching hundred million of dollars and its unrealized by the way meaning their dumping hasn't even started yet never sits well with me honestly, i refuse to be their exit liquidity.

[Strongkored]

I don't know why some persons think that meme coins are bad to hold. There is nothing wrong with meme and we can even buy and hold good ones for a long time and far as possible. We need to make money which should be the goal not trying to discrimination a coin because so much kind of coins have so many scam ones. If we really wants to make money from the market then we must be ready to make money from meme coins because one can easily multiply their holdings which is the same with losing money too.

Holding meme-coin for the long term is very risky, especially when the price hits ATH when the crypto market is bullish. I still held Shiba Inu when this coin rose during the bullish period several years ago, and you can see that the price never touched its last ATH several years ago, a few months ago the price of this meme-coin rose but again the Bitcoin price which fell will make altcoins including meme-coin suffer a deeper decline that will only frustrate holders.

Only Dogecoin provides profits to long-term holders, but that is for those who have saved or bought before Elon Musk influenced the market for Dogecoin, while other meme-coins only provide profits when we buy before the market moves upwards. And meme-coin is only suitable when the market is going bullish and when it is declining then leave it as soon as possible or this is only suitable for daily trading but it must be on meme coins that have a high trading volume, so not all meme-coins are suitable for trading, especially long-term holding