Should You Hold Meme Coins To The Moon? 🚀🌝

The answer is probably not what you expect.

September 29, 2024

A few weeks ago I told you how to buy Meme Coins on Solana.

In that guide, I focused on how to buy and sell Meme Coins almost instantly after making a profit.

It’s extremely risky, but it can be extremely profitable if you do it right.

And let’s be honest, if you’re lucky. 🍀

But that’s not the only way to trade Meme Coins.

You can buy Meme Coins that you think have more “potential” and hodl them for a few days, weeks, or months.

🙊 Is Long-Term Meme Coin Trading For You?

👍 It’s for you if

  • You can be patient

  • You follow the news and what’s trending AND / OR you’re deep into the internet / crypto culture

  • You don’t mind spending time in online communities, forums, Reddit…

👎 It’s not for you if

  • You’re not ready to potentially lose all your investment

  • You want to make x10 in 24 hours

🤑 How To Make Money Trading Meme Coins

You have to follow what’s hot in the news, and what everybody is talking about.

When Trump got shot in the ear, one of the Trump meme coins on Solana went crazy.

Hawk Tua girl became a huge international meme in just a few days.

Someone created a Hawk Tua meme coin that had a market cap of up to $6 million dollars!

Right now, everybody is talking about the pigmy hippo from Thailand, Moo Deng.

Guess what?

So how do you make money with meme coins?

Follow the trends, look for a meme coin with the same name, and trade it. 🤷

🧐 Here’s An Example

In the step-by-step guide I linked below, I bought 2 meme coins

$daddy, a meme coin pushed by Andrew Tate.

Love him or hate him, the guy has a massive following of die-hard fans who will buy everything he promotes.

It doesn’t matter if you agree or not with what he’s saying, with so much attention around him, there’s a high chance the price will go up.

$daddy is up 50% since I bought it

I also bought $hami, a hamster meme coin. 🐹

When I was doing my research on Meme Coins I stumbled on a YouTube video of a guy showing step by step how to create a meme coin.

This meme coin was $hami.

It’s also doing pretty good lately.

Maybe because his video has close to 1 Million views! 😮🤯

I’m not telling you to buy these coins.

I only bought $10 of each.

But I just want to show that some meme coins can live for weeks or months.

So is it very risky to invest in meme coins?

Yes.

Can they grow overtime?

Yes.

I leave it up to you to decide what you’re going to do.

🥸 Follow My Step-By-Step Guides

First, check out my guide on how to trade Solana Meme Coins in the short term.

There are things in this guide that are going to be useful for the next step.

When you’re done with this one, keep going with the next one.

🐒 What Is Next?

Next time I’ll show you something I just discovered: a decentralized way to use Bitcoin as collateral to get a loan in stablecoin.

So share this link with your friends and tell them to subscribe so they don’t miss it. 👇

🙉 PS:

Please reply to this email to give me your feedback on this newsletter and the step-by-step guides I made for you.

I really want to improve and make them as good as possible so all your feedback is precious. 🙏

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