ULTIMATE shitcoin and low MC trading guide
2. How do you find such tokens
4. How not to get rugged or scammed
5. How to determine who's a smart wallet, how to find and track them
6. Entry, size, and exit strategies
Personally, I classify low market cap coins as the ones under $10M market cap, but for shitcoins you want to get in as early as possible - $5M MC is the maximum, under $1M is best. You want to find current trends - what trend is popular on CT, what smart wallets buy
If you want to be early, the best way to find such coins is tracking smart wallets that already made nice profits. Next in line are private Telegram and Discord groups - send lots of dm to try to get in. CT is next in line (you're late), next news
/1 @ChainEDGE_io by @OnChainWizard is a great tool for tracking smart money movements. It can help you spot trends fast, along with what are their entries, exits, and position size. You can set custom alerts to stay in the loop. But it's not all
/2 @ChainEDGE_io provides curated list of smart wallets, but it can be inaccurate or not updated (like wallets that were early in $GROK) The best way for beginners is to manually browse through @etherscan. Find first 100 buyers, check their history
/3 @zerion is another useful tool. You can follow any wallet addresses and track their PnL. It's super useful. Imagine, you have 10 smart (?) wallets you've found on Etherscan. With Zerion, you can shortlist them to the best 3 to minimize risk
/4 If you're using only Zerion, then you're missing out. @CieloFinance is another great tool, which not only lets you follow smart money, but you can also integrate it with Discord for custom alerts. Dm me for help in setting your custom channel
3. Tools that can help you - sniping
/5 In on-chain plays, you want to be FAST and as early as possible. My go-to sniping tool is @BananaGunBot, which is the fastest around. Highly recommended. @TeamUnibot is nice too for more advanced features.
/6 The final tool I use when trading on-chain is @ShurikenTrade Sniping, quick swaps, limit orders, and more. Everything in a very good-looking UI. My go-to tool when I already have a position and want to manage it.
4. How not to get rugged or scammed
/1 I use @DeDotFi for that. The best one out there. You want to check if: -LP is locked -The contract is safe -There are any wallets holding big % of the supply But before that, check if you have the right CA - website. Double check!
4. How not to get rugged or scammed (and be more certain this token will pump)
This is super important. After you've bought a token, try to be active in the community, ask questions, check if devs are online often, how they respond to tough questions, post updates often, talk
5. How to determine who's a smart wallet, how to find, and track them.
You want to find wallets that not only had luck in the recent trade, but have a 1-month+ track record of wins. Use EtherScan, ChainEdge, Zerion, Cielo for that. Manual works wins here, try to be patient
6. Entry, size, and exit strategies
/1 First of all, the best thing you can do is spot a trend early, analyze the contract with @DeDotFi and snipe it with Banana. But what about the size, and so on? Use 5-10% of your portfolio. You want to take 10 trades and hit one 20-100x.
6. Entry, size, and exit strategies
/2 Think about it like you're a shitcoin VC. Venture capital firms invest in 20-50 companies, rooting for one or two of them to become unicorn. Don't go balls deep in 1 project only. If you lose, you won't have any capital left. Split it
6. Entry, size, and, exit strategies
/3 If you have $1000 portfolio, then you should put 100$ in one token max. 100x is $10,000. Not bad, isn't it? However, minimize risk. Always. If you're sniping, then going all in is ok. If you're buying later, split this 100$ to buy dips
"Cut your losers early and let your winners run." First of all, do your research. You want to be certain internally that you can hold it despite dips. If you see a red flag like instabans on Telegram, get out. Made 2x? Take out your initial capital