Transcript for:
Meme Coin Trading Journey Continues

This video is episode 2 of trading Solana meme coins starting with one Solana until I make 1 million dollars. For anyone that's new here, there's a few extra rules to this challenge that I've added to make the challenge a bit more interesting. The first rule of the trading challenge is, whenever I buy something, I have to do it with my whole balance.

Rule number 2, I cannot sell until I hit a 2x or at a loss. Hence why the video title mentions doubling. one Solana.

Also I'm sharing every one of my trades that I do live on my telegram as soon as I hit the buy or sell button and you're going to be able to see my wallet address in this video so you can basically verify that there's no funny business going on. So last episode I started with one Solana and I ended up going as high as 4.5 Solana. However the last trade I did ended up hitting my stop loss on PepeBoost. So we are currently now sitting at three Solana only.

What you're seeing right here is three tabs that I have open on my monitor. This right here on the left side, this is PepeBoost. This is my trading bot that I'm using in order to trade these meme coins. The reason I love this specific bot is because it has limit orders and you can use it from your phone, you can use it from your desktop, it doesn't matter and it's really really fast. This right here, this is my wallet tracker.

I've got several different wallets right now that I'm tracking and whenever I'm going to see that one of my wallets that I'm tracking buys something, I'm going to get a notification here. and we might hop into a trade right there as well. And the third window is my browser where I'm gonna be looking for new plays. Right here, I've opened Photon.

This is another trading bot, but this bot also has a platform like this where you can sort out different tokens by different filters, and it's very, very useful. I really like to use it in order to find the tokens that I want to find. For example, you can see only pump fund tokens between specific market caps that have specific volume. that have specific amount of buys or specific amount of TXs. So there's a lot of options on how you can customize your filters here.

So right here I am just looking for some sort of a pump fund play that I could do. I'm currently using the same strategy that I was using in my last video. I am trying to find some sort of a token. Usually it's going to be a community takeover or it's going to be some sort of a developer that's not going to rug us or at least we're going to hope that he doesn't rug us. So right here...

this is Ansem Pepe. I'm looking at it, I've been looking at it actually for the past few minutes and I'm not sure whether or not I should buy it because the token itself is about Ansem and Ansem is just another crypto influencer on Twitter. He's not like some sort of a famous figure. So definitely this token if we were gonna buy it it's definitely gonna be a short trade.

I believe if it reaches radium it's just gonna dump back down, everyone's gonna sell it. But if we're looking for a 2x this might be it. If we can see a retracement right here I'm gonna buy it, I'm not gonna top blast it right here. If we can see some sort of a dip I would be glad to buy in on this. In the meantime while we wait for a dip we can check out their telegram, see what's up with that.

So right here they have a voice chat, although the voice chat seems pretty dead, no one's talking in there, we're just gonna leave. Let's check out some other stuff in the meantime. With this sort of filter that I have right here we're just looking for something. where the dev has been tested by time you know where there's already been past you know maybe 15 20 30 minutes and they're still trying they didn't cheat at some sort of a price right and they're holding right that's that's what we're looking for here so let's look for some other options that we might have here today there's a lot of actually a lot of sort of andrew tate type of coins that are sort of popping off this looks kind of cool so this is not a cto i know that for a fact It's 15k market cap currently. Andrew Tate as a baby and Iggy Azalea for some reason with a buzz cut right here.

And some waves. That's interesting. They only have a Telegram and a Twitter.

The dev hasn't cheated yet. Alright, so it looks like they have paid the decks. I'm kind of hesitant with this right now since it's 15k market cap.

The dev is still holding. We're just going to check out their Telegram right here. Let's see what they're about.

Let's see their voice chat. 7 people only. The voice chat is dead. I'm not sure what's going on here.

And let's see the Twitter. So there's nothing crazy about the Twitter. There's some guy saying that the Twitter is bullish.

But they have the volume bought, which is fine. But nothing crazy here. Let's see the top holders before we do decide to buy it. We're going to have to quickly check the top holders. We got Iggy as one of the top holders.

So we can ignore that. Andrew Tate owns 2% of the supply here. We can check a few more of these guys.

Are these wallets fresh or not? Looks like not a fresh wallet. Just a regular guy. Seems like just another regular wallet. So none of the wallets look like they are fresh.

So it's definitely not the classical version of a farm. That's for sure. Now the question is, can it send, right?

The question is, can it actually go up? What if we buy it right here and it just doesn't move? How do we know that it's gonna go up if the dex is paid and there's no hype about the project i don't see a huge reason why this could actually send right these guys are saying that iggy is gonna tweet about them all right i'm just gonna leave a horizontal line we're just gonna imagine that we bought it so i feel like i would like to buy it right but there's a few red flags here so we're just gonna come back later see how this thing did whether or not it actually ended up pumping and we're gonna do the same with anson pepe because it kind of fits my criteria right this one's a cto this one also doesn't have huge supply owned by anyone or something crazy like that the dex is paid for both of them so it kind of looks good on all of those aspects but they both this one's kind of a dead meme right here and the other one is just a bit of a random meme as well so i just saw some news on twitter about jerry west he has died right and there's a token actually right now that i found r.i.p jerry west on pump fund The dev just jeted their holdings, so there's currently some other holders that are left, and I believe they're going to CTO it.

And the reason I think that right now is that it's still sitting at $9,000 to $10,000. So if they're sitting at $9,000 to $10,000 and the dev jeted, why on earth are there still several holders that own 3%, 4%, 3%, right? Why is that? Interestingly enough, it's at $20,000 even though there is no CTO or anything like that. Let's see their Twitter account real quick.

quick what's up with this nothing so basically there is no team behind this there's nothing about this token nothing is there's no team nothing there is no cto right now i'm just thinking maybe i could buy this up okay interesting this thing is pumping so i didn't buy this i saw it at 9k and it's pumping like pretty heavily for some reason okay it reached 60k from where how did it reach 60k i'm confused right now now that's crazy isn't it i was i was thinking to myself I'm gonna buy this. Let's check out the CTO group, right? Let's just do some due diligence before I buy it up, right? And while I'm checking, while I'm seeing what's up with this, it goes up to 64k within how much? Within two minutes, went to 64k.

And it hit radium, I guess, right? Did it hit radium? That's crazy.

This is a bit painful right here. This would have been a solid 6x on our investment right here. that would have been great if we got into this one but we didn't goddamn looking back this was just the perfect coin that we could have bought with a low downside right the dev jitted already i mean there were still some holders but there was no other token like this right i wrote jerry west there was no other token like this right so currently it hit radium we're sitting at 70 80k 50k so it's pretty volatile right now oh i see why it pumped that's crazy well a bit too late right now I would say a bit too late right now to buy this. I'm not gonna A-pin.

It might... It still might go up, but I just feel like it's a bit too late. So we're just going to...

Oh, we missed this. We missed this. Feels bad.

Feels bad. But this is a part of the journey. This is how it goes.

The dots didn't really connect for me when I saw this post on Twitter. You can see here. Shadow.

This is... This is Shadow, and he reposted Rest in Peace Jerry West, right? And...

I only saw the post. I didn't see who reposted it. I didn't notice it. I didn't take notice of that.

And that is why, and that is exactly why I missed out on this. If I saw this and I saw that, okay, there's still people holding, right? There's still something going on and starting to move back up. I would have known that it's because of Shadow.

It's because of his retweet, right? What's the coincidence here that he reposts this, right? As soon as the token like this is launched.

To me, it's... pretty to me it makes perfect sense right it makes perfect sense all right I'm seeing a buy from Mitch you can see here Mitch is another influencer I'm following it's currently at 140k already at hundred hundred and eighty K actually right now not exactly sure if I want to be following this here what's the what's the alpha on this I'm not sure why it's getting pumped right now aside from the buy from Mitch I mean I'm pretty sure he's a tracked wallet as well I don't want to fall in right now with these copy traders that are buying up his buy right here. So I'm thinking like, why is this even relevant? Let's see their Twitter.

Oh, it got CTO'd recently. Okay, so it actually got CTO'd recently. All right, we're going to buy it up. This is going to be a gamble.

If it goes down 30%, which is 120k, we're going to sell it. So I bought it in right here. We are 50% up currently. We bought in for almost three sol and we're sitting at 4. to Sol right here. So let's see how it goes.

I liked the buy that I liked the fact that Mitch bought this coin right here. Once again, the reason I decided to buy this is because it got CTO'd, right? Holder. Holders look pretty healthy, it's nothing crazy, 3% holders.

And it's currently sitting at $300K. It has already pumped a bit. I want to see something like $500K or $600K or something like that.

And we can't sell until we reach $2X, which is going to be almost $6S. Alright, we are down to $180,000 market cap on this. We are in a minus.

And I'm thinking of selling this because... It's starting to move down. If we can't get some sort of a retracement.

Then I don't have that much of a confidence in this anymore. So like it needs to find some sort of a floor. Anywhere around here until 175k.

For me to still feel confident in this. Because currently it's down from this peak 40%. And if we're going to be in a uptrend for this meme coin.

If we're going to go any higher. We don't want to see. large corrections we don't want to see like 60 70 percent correction from this type of high right here that's how i see it right we want to see you know 30 maybe 40 like this this one was 40 right here it went up here let's let's turn on the one minute chart like this so it did a few corrections right it started moving up moved up corrected 35 right then it did the same here 42 kept moving up you another 40 percent and right now it looks like it's done a 40 percent correction right but if it does uh but if it does a bigger one then i'm gonna start feeling a bit concerned here you know is it worth holding or can i find a better play that's what i'm thinking about here we are back in profit though my idea here is we corrected right and we bounced off of this part right here that's that's what just happened we had a correction and we bounced from here you We need this to be the floor, otherwise I'm going to probably sell because if we break this part, it just means that it's probably going to keep going lower, and I don't see a reason why I would keep holding this if it's just going to keep going lower, right? And what you got to understand about this type of logic here that I've applied is very simple.

If it breaks this level and goes further down, it can go down, right? And it can bounce from any of these levels and then break new all-time high, right? It can still do that.

It doesn't mean that if it breaks this level... It doesn't mean that it's necessarily just going to keep going down. I'm basically talking about probabilities here. A lot of the coins, when they start moving in a downtrend like this, well, a lot of them just keep going down, and then they do another small retracement to the upside, and then they keep going down, and another small retracement to the upside, and then they just keep going down again. And that's how it usually happens, right?

Not always. Of course, there's a lot of cases where it doesn't happen like that, but I'm just talking from my own experience, right? I want to see it. Form a floor around this price level right here. If we can't secure the 2x here I'm thinking I'm going to try and find some sort of a pump fun play.

Yo, what the hell we just reached 900k market cap. We're selling this we're selling this geez. Yo, this is crazy I went to the toilet and it just spiked to 900k.

We actually hit take profit on this We sold 11 soul here. This was good. This was really good Alright guys, so basically what happened right now, I was looking for more trades and I didn't realize that I had stopped recording and I aped in to father right here with all of my balance right here and I made off with 23 Solana profit, a solid 2x, actually a little bit more than 2x.

So the current balance is actually 23 Solana right now from 1 Solana. But let me show you how I found this exact thing to ape. So what happened here.

is I'm following on Twitter this guy named Free Willy, right? So this is just a guy who has 2.8 thousand followers. He's just a crypto degen just like any of us and I saw him today actually making really really good calls.

Like he did this call right here which was for Tristan, right? Ticker Daddy Tristan, right? And it was a 225k when he posted it on Twitter. I looked at the deck screener of this token and i saw it and i was like damn it's still at 260k like 300k which means that he didn't post it like late or anything like that he posted like legit and i was like okay let's see how it goes so let me show you guys how it actually went it's currently sitting at 1.9 million dollars market cap i see a call like that from a guy and in my head i think to myself all right this guy probably he is doing some good research on the tokens that he is posting because From the 250k market cap when he posted it, it went up to 4 million, which is like a 16x. That's a very solid call right there.

And I didn't buy it. I could have bought it. I could have announced that I've bought it and stuff like that.

But I was just a bit afraid because... I hadn't seen this guy for too much. I hadn't like analyzed this guy too much.

So, all right, I see this 10x and I think to myself, all right, well, let's see. Let's try doing the next call of his, right? I'm checking his Twitter again and I see literally he posts this thing right here, where he says if he's posting pump plays, they are more of a gamble, but the returns could be bigger, blah, blah, blah, standard stuff, but it's a pump fun link to... a Darth Vader token on pump fun and I'm thinking to myself okay I have 12 Solana here why not just do one last pump fun play right and I go there and I see it's still sitting at like pretty decent price range of like 20 to 30k where the exact point where he posted it and I just buy it up 10 Solana you know just ape in YOLO everything I was thinking to myself I'm gonna just put a stop loss a bit lower like if it goes down like 20 30 percent I'm just gonna go out it basically let me show you on photon if we look at photon where it shot up to was almost well it hit 90k actually it actually hit exactly 90k from 25k market cap right here and i just sold it right i sold it i didn't sell it exactly here i sold it at 100 right i just literally sold it like around here i believe at 100 to the upside and it chopped sideways and i kept watching the chart it dipped and then it kept going up actually so it went another 100 up afterwards even after i sold it just kept going up which was pretty cool to see i really liked seeing something like that and they're still kind of pushing it's a 30k market cap i believe they're still doing something i'm not sure what's going to happen with this token they might be dumping it they might be doing something with it i'm not sure but regardless we are out of the trade we made the money here and we're on to the next trade right so as you can see here this is the this is the tx it executed the transaction for take profit it was an initial buy of 10 sol and a sell for 22 solana right here so as i already announced in my telegram group right here i'm currently at 3.7k right here which is 23 solana right here and the thing about this is basically that in my eyes 23 solana is too much to be trading anymore on pump fun so i'm i will probably be avoiding any more pump fun plays unless i see something like completely unique some something that's completely like insane until then i will be avoiding pump fun plays right because what happens is pump fun right if we go to pump.fun you have to realize these are small market cap tokens right this is something that's eight eight thousand dollars market cap if i buy in with ten solana for example right here i'm gonna buy up like probably like more than 10% of the whole supply of the token. And if it goes up, like let's say 3x, 4x or something like that from that point, when I sell, it's going to completely nuke the chart.

And I do not want to do that, right? I do not want to go in and just completely like annihilate charts on pump fun. I actually want to find those types of plays like the previous play, which was scooter, which actually ended up playing out really well. I mean, if If I had more Solana there, if I aped in with 20 Solana or 10 Solana even, I would have been at probably something about like already 30 Solana or even 60 Solana. It was just the fact that I didn't have that much of a balance there.

So I multiplied 3 Solana back there. So let me show you something here, guys. I'm currently only 7 more doubles away from a million dollars.

This is all I need to do and I'm going to be literally basically like almost at 1 million dollars. So I'm going to keep looking for more type of cabal plays, right? I'm going to keep looking for more insider plays, and I'm going to bet big on each of them. I'm going to do an all-in on each of these plays, and I'm going to keep announcing it in my Telegram.

I'm not going to do any more pump funds. Pump funds are more volatile. Pump funds are more risky.

This was a very risky bet that I just did there. I'm going to keep going. I'm going to keep you guys updated. If you aren't in my Telegram just yet, make sure to join up. I'm going to be announcing everything live right there as I do it.

If you made it this far in the video, I appreciate you watching, you rock and I'll see you on the next episode.