1. Only invest money you can lose
Meme coin can increase tens of times after just a few days – but can also drops 90% in a few hours. So, rules of survival is: only use the spare cash. Don't borrow or noonday capital investment just to “swing trend”.
2. To diversify the category, don't “all in”
Should not cornered the entire capital into a meme coin just because you find it “trend on Twitter”. Let's allocated portfolio, for example, 10-15% in the meme coin, the rest is the copper coin as big as BTC, ETH or stablecoin to reduce volatility.
3. Learn project before at money
Don't buy meme coin just because the logo funny or interesting name. Check out:
- Who's behind the project?
- Tokenomics is it reasonable?
- Whether the development plan or just the coins to eat in?
The basic analysis is simple but helps you stay away of projects rug pull (hug running off with the money).
4. Key words according to each stage
When the coin increased 2-3 fold, consider key part of the profits. Don't wait until the “to the moon”, and then falls back on the ground. The strategy of “take profit” each section to help you keep your profit and reduce the psychological pressure.
5. Set a limit hole clear (stop-loss)
Many investors is “freezing” when coin prices fell sharply. The pre-determined level, the hole can withstand – for example, a 20% loss, then sell – to help you avoid the wrong decisions because emotion.
6. Do not run according to FOMO and rumors
FOMO is the enemy of investors meme coin. If you buy a coin just because “rumor” or “the community will x100”, the higher possibility you will be the burden for them. Stay calm, analyze, and act according to own strategy.
7. Always trend updates & news
Price meme coin very easily affected by the tweets, videos, TikTok, or statements from celebrities such as Elon Musk. Let's actively track the main news source and channel updates to not be left behind.
Meme coin may be opportunities to get rich fast, but also is the trap if you lack strategy. The risk management when buying a meme coin will help you to keep the money and reason in a world full of volatility.
To update to the latest analysis about meme coin, trends and instructions smart investment, please visit Blog Meme Coin okay.
