Overview
Bubs shares his journey from a broke college student to a successful meme coin trader on Solana, detailing early experiences, wins, losses, strategies, and community involvement. The focus is on personal growth, networking, and actionable advice for newcomers interested in trading meme coins and building a following in the crypto space.
Background and Introduction to Meme Coins
- Started trading meme coins on Solana between November and December 2024 after seeing TikToks and crypto discussions.
- Previously only familiar with Dogecoin and Shiba Inu.
- Made a Phantom wallet but switched to Photon after researching best practices.
- Entered first serious trade with Chill Dear, learned about profit management after losing initial gains.
- Built early connections through Discord communities related to specific coins.
Personal and Financial Context
- Entered crypto as an unemployed college student with credit card debt, relying on financial aid.
- Attempted various side hustles and odd jobs before focusing on meme coins for income.
- Remains a student, but financial situation improved through successful trades.
Learning and Adapting Trading Strategies
- Participated in Discord servers for early information ("alpha"), but found mixed results.
- Transitioned to Crypto Twitter after discovering educational content from FOMO.
- Emphasized curating a quality Twitter feed for better, more actionable information.
- Learned to provide value and context when sharing trade ideas on social media.
Community and Networking Growth
- Grew Twitter following by posting early, thesis-driven calls on meme coin plays.
- Joined group chats with other traders, which accelerated trading success and networking.
- Networking led to collaboration, recognition from larger accounts, and access to exclusive group discussions.
Significant Wins and Losses
- First major win was turning $15 in Big Balls meme coin into $600, validating the strategy.
- Other profitable plays included Stool Guy and KK Kanye, often identified through group collaboration.
- Notable losses included round-tripping large percentage gains on coins like IMG and Grocoin due to holding too long and lack of profit-taking.
- Emphasizes the importance of learning from mistakes and managing greed.
Trading Philosophy and Goals
- Recommends setting concrete, realistic goals for trading to stay disciplined and avoid gambling.
- Attributes progress to clear goals like paying off debt and supporting family, not just "making money."
- Suggests documenting trades and lessons learned in a trading journal for accountability and reflection.
Plans for Future Content
- Plans to create videos on finding alpha, using tools like Axiom, detailed trade breakdowns, and interviews with other traders.
- Intends to share educational content for both beginners and advanced meme coin traders.
- Rebuilding a Telegram channel to serve as a public trading journal for transparency and discipline.
Recommendations / Advice
- Curate a quality network for actionable information rather than following everyone.
- Provide value to the community with clear, thesis-driven posts.
- Set specific trading goals to guide decision-making and encourage discipline.
- Learn from both wins and losses, especially the importance of taking profits.