Want to catch early opportunities in memecoins? Here are a few practical tips.
First, the basics: chain scanning and Twitter scanning are essential tools to capture new coin trends as soon as possible. If you notice a certain narrative getting hot, quickly search for projects with the same name—there are often unexpected gains.
Advanced strategies are even more important. Keep an eye on a few trustworthy KOLs—their instincts are sharper than most people’s. If you miss out on a skyrocketing coin, don’t panic. As long as market sentiment remains, second-tier projects in the same sector may still have a chance.
The most powerful move is tracking smart wallets. Those consistently profitable addresses—their trading history is a living textbook. On-chain data doesn’t lie. Watch how they enter and exit positions, and you'll gradually get the hang of it.
Knowing how to use tools is one thing, but never forget that risk control is the key to longevity.
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LiquidatedAgain
· 18h ago
Sounds very professional, but let me just ask—when tracking smart wallets, are you clear about your own liquidation price?
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I've played the game of chain scanning and push scanning to death, but I still ended up getting rekt by second-tier projects. So funny.
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Keeping an eye on KOLs for their sharp senses? Bro, my lesson is that what they're usually sharp about is their own timing to dump.
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That line about risk control is so true, but unfortunately I always remember it after the fact.
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On-chain data doesn't lie, but wallet owners do. Even smart money gets liquidated sometimes.
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All in on tracking smart wallets, but I didn't even keep up with their positions, and liquidation came ahead of everything else.
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Got fooled by these "practical tips" yet again; maxing out collateral ratio is the real essence of memecoins, right?
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LiquidityWitch
· 12-06 03:08
I’ve tried tracking smart wallets before, and it really works. You just need patience, otherwise it’s easy to FOMO and buy the top.
At the end of the day, it’s all about who has better judgment—KOLs can make mistakes too.
Risk management always comes first; I’ve heard too many stories of people going all in and losing everything.
You need a systematic approach to on-chain analysis, otherwise the flood of information can just make you more confused.
I think the second-tier projects are even riskier—don’t get caught by market sentiment.
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GateUser-7b078580
· 12-05 20:01
Data shows that most people lose money even faster by following the crowd. Wait a bit longer and check the on-chain address holding distribution—don’t let emotions drive your decisions.
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FundingMartyr
· 12-05 19:57
To be honest, following KOLs and smart wallets can still lead to losses—it all depends on personal insight.
It sounds simple, but it's actually full of pitfalls. Most early bottom fishers got wrecked at the floor price.
Risk control is indeed important, but when the real FOMO hits, who can really pay attention to it?
Even if you scan on-chain data and Twitter every day, it's still easy to miss out—the information gap is just that big.
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FalseProfitProphet
· 12-05 19:54
You can definitely learn from smart money, but what I care more about is when they start to reduce their positions—this is even more crucial than their entry timing.
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GasFeeNightmare
· 12-05 19:53
I've tried this smart wallet trick before. It really does help avoid pitfalls, but you have to be fast enough.
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KOLs have sharp instincts? You might as well scan the chain yourself—saves you from getting rekt.
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Second tier? Sounds good, but it's often the best spot for bagholding.
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Risk control—couldn’t agree more, but sadly, no one really does it.
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I scan Twitter and the blockchain every day, so why do I still step on landmines? Maybe my method is off.
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Followed smart wallets for a year, but found that most of them end up getting stuck too—not as smart as I imagined.
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On-chain data is definitely transparent, but understanding it is a whole different story.
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Instead of watching KOLs, pay attention to your own mindset. If you don’t let FOMO cloud your judgment, you’re already halfway to success.
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BrokeBeans
· 12-05 19:47
After following KOLs for so long, I'm still losing money. What's going on?
Want to catch early opportunities in memecoins? Here are a few practical tips.
First, the basics: chain scanning and Twitter scanning are essential tools to capture new coin trends as soon as possible. If you notice a certain narrative getting hot, quickly search for projects with the same name—there are often unexpected gains.
Advanced strategies are even more important. Keep an eye on a few trustworthy KOLs—their instincts are sharper than most people’s. If you miss out on a skyrocketing coin, don’t panic. As long as market sentiment remains, second-tier projects in the same sector may still have a chance.
The most powerful move is tracking smart wallets. Those consistently profitable addresses—their trading history is a living textbook. On-chain data doesn’t lie. Watch how they enter and exit positions, and you'll gradually get the hang of it.
Knowing how to use tools is one thing, but never forget that risk control is the key to longevity.