WHAT IS THE FASTEST WAY TO BUY TOKEN PEOPLE PRO?
Hi! If you stumbled upon this article, then you are the token buyer through phantom. I'll tell you how I buy tokens, why it's important to buy as fast as possible, what speed depends on, what consequences can wait if you don't listen to the advice.
Why not Phantom and no other swap?
Many of you know that buying through Phantom is possible and is the easiest way for beginners. Such a swap is not created to catch coins quickly, but just to conveniently exchange highcaps (tokens with high capitalization). Such swaps work through providers, for example with Raydium or OKX, which are built on the most basic trading mechanisms. They are slow, they often issue crashes, they may charge higher fees, they are just for exchanging low-volatility tokens. Such swaps do not only apply to phantom, but also to other Solanium wallets.
What errors or inconveniences can occur when using internal swaps with wallets?
1) Transaction failure. You want to buy a token at the desired price, but your transaction fails due to a technical error. Bottom line: while you repeat the transaction, you miss your desired entry point.
2) Mev. Mev, or frontrunner, is the problem of buying tokens without a jitotype (anti-mev system). A mev is the purchase of a token ahead of you by a special software to increase your twh and then offload your funds. A person with a purchase of 1 solan may not worry, but investors with purchases of 10 solans risk losing 25 to 80% of their money in one squeeze. Bottom line: sad experience of traders, loss of funds.
3) Slippage problem. Slippage is the maximum allowable slippage when buying a token. The basic slippage when buying through wallet swaps is 1-5%, which means that your transaction will fail if the token rises over 5% and you will miss your desired entry point.
4) Dynamic fees. The case is isolated, for half a year I have seen with my own eyes only two people who have faced this, but this does not tell us that this can not happen to us. In general, you buy a token, let's say, for 10sol. The commission deducts 5sol from it for the transaction to go through. This amount is irretrievable, I have seen cases of 13 and 22 sols, and it was at a rate of 240-260$, very unpleasant, I agree.
5) Speed. The most important indicator if you participate in pvp with others who want to buy the token immediately after its drop. Transactions in swaps go through 7-10 blocks, while alternative tools give the possibility to take a transaction block by block, instantly. That is, if a transaction through a swap takes 5-6 seconds, a transaction through the tools described below will take up to 0.5 seconds. Your entry point literally depends on this indicator, and accordingly, your further profit.
And these are only the disadvantages that I remembered while writing the article. Before that I did not prepare the material and was not going to make anti-advertising, everything is in live.
How will speed affect your income?
I already wrote above, the speed of the transaction directly affects your income. Let's take as an example a token from Sergey, from the People PRO channel. As soon as the contract address is known, there will be many people who want to buy the token at once to get the best price. Buying through swaps, you will automatically become the last in this chain, while advanced softsellers will be ready to unload their profits on you.
Suppose a contract drops at a market capitalization of 1 million. In a minute, this price will grow to 2 million, and you will miss out on a potential profit of 60-100%, becoming one of the last participants in this race. And there may not be a dip (drawdown) to such a value.
So how do you get your transaction speed up and buy the fastest?
To the essence of this manual. You may have heard that trading bots and software are for pros, that you will lack experience and make a mistake. No. It's so simple that any dinosaur can figure out how to quickly purchase a token. Let's take @FizzyCopy_Robot as an example. This is a trading bot that is used by more than 3 thousand traders every month, making more than 10 thousand transactions per day. And these are superficial statistics that are occasionally published in the channel. Let's review it in a few steps:
1) Functionality
2) The advantages of this bot are.
3) Create/import a wallet
4) Deposit
5) How to buy
6) Test transaction
7) Preparing to buy PeoplePRO token.
Functionality
The functionality of Fizzy is as diverse as possible for any requests of an ordinary trader on the market. This is buying/selling tokens. It is limit orders like on the stock exchange, to buy or sell at a certain price. This is copy-trading.
In the case of Ludipro token, only buying and selling are suitable for us, as well as limit orders for those who want to catch dips (drawdowns) and sell at a pre-planned price.
If you don't want to add your wallet, you can generate a new wallet, fund it, and import it into Phantom to more conveniently monitor the token price and your current balance.
There are also the most flexible settings for any purpose, such as scalping.
Instructions for each direction you can observe in the following paragraphs.
Advantages of Fizzy
The bot is built on the latest top-of-the-line developments for solan trading, allowing transactions at speeds of up to 0.5 seconds, hitting the current block.
Self-written trading API with the fastest possible response, being the fastest trading tool from the publicly available on the market. Due to the level of prioritized commissions, this trading extension allows transactions faster than 90% of competitors in pvp for token. The average transaction speed is 0.26 seconds and can fluctuate depending on the client's own commissions.
Nodes from NextBlock allow you to be first in the transaction queue with the lowest commissions.
The best servers located near the biggest validators of the Solana blockchain, guaranteeing the best response and a very fast hit rate.
To comfortably monitor their transactions, birdeye's API is used, which updates token market capitalization data once per second, meaning that the user gets the most up-to-date data on their transaction and we have the most accurate PNL calculation.
To get the maximum amount of information about tokens, solscan.io API is used, as they give the most extended token characterization possible on the market.
In general, the developers (by the way from CIS) used the best technologies for the highest speed and comfort of users. That's why I have been using this bot for more than 4 months and I recommend it to my subscribers and friends who come in the direction of memes.
Create/import a wallet
Before we start trading, we need a wallet inside the bot. It is very easy to create one, in just two minutes. You can also add your own wallet.
In the main menu, go to the My wallets tab.
2. If you want to generate a new wallet, click Generate Wallet. If you want to import a wallet, you need to click Import Wallet.
3. After the bot has generated a wallet for you, you need to be sure to save the Private Key. With its help you will be able to access the wallet via Phantom to monitor the balance in dollars.
4. After you have successfully generated a wallet, saved a private key, or imported a wallet, you need to select it as the main wallet. All transactions will be made through it and the balance will be displayed. You can do it via Select Wallet. The selected wallet is displayed in blue color.
Deposit
Now that you have chosen a wallet and everything is ready, you need to top up your wallet with the amount of the purchase. To do this, you can either import a wallet with a balance at once, or buy solana on the exchange and replenish the generated wallet in the bot. This money will be used to buy token. That is, for example, if you buy a token for 10 solan, you need to deposit 10 solan and about 0.2 sol for possible commissions.
How to buy?
Now that we have everything ready, you need to understand how to buy tokens. It is also done almost instantly, the main thing is to remember how to do it the first time.
So, to buy a token, you need to have its Contract Address (CA). You copy this CA and send it directly to the main menu of the bot.
Information about the token will appear in front of you, and at the bottom you will see settings and buy buttons. I recommend not to touch the settings, but leave the basic ones, only change the commission to 0.004, the bot puts the optimal ones relative to your balance.
Next, if there is a button corresponding to your purchase amount, just click on it and the bot will instantly make a transaction.
If you don't have your amount, just click on Buy X SOL, the bot will ask you for your amount. Just enter it and the bot will also instantly complete the transaction.
You will receive a link to track the transaction as soon as it is made.
After the transaction is completed, you will have access to the open transaction functionality. In front of you will be opened the profit received in percent, how much you have already earned, as well as a menu with buttons that can be used to sell tokens in parts.
Just click on the selected % amount and the bot will instantly lock in the profit by sending you a confirmation message.
Test transaction.
And of course, how can you top up an unfamiliar bot for large sums without making sure that it works properly. We need to perform all the steps described above, as well as replenish the wallet for 10-15$ to make your first transaction.
Having performed all the steps above and replenished your wallet by a couple of pennies, you need a CA of some token. You can get it simply at dexscreener.com, just choose any token from the top and copy the address.
Next, you simply send this address to the main menu of the bot, and follow the steps above. Congratulations, you have bought and sold your first token not through Phantom.
Preparation
To prepare to buy a token from Sergei Ludipro, you need to:
go through all the training points once again
prepare the amount you want to buy tokens for on the bot's balance.
enable notifications on Sergey's channel: https://t.me/c/2261403843/177
and better fix the bot in your dialogs, so that you can quickly copy CA from the post and paste it into the bot.
In general, this material should be enough for you. Be the first and earn more than others.