How to turn $1,000 into $100,000 in a month by flipping shitcoins.
Not with $BTC, $ETH, $MATIC, $SOL, or $AVAX.
But with the couple of tips I'm sharing with you now ππ§΅
Not with $BTC, $ETH, $MATIC, $SOL, or $AVAX.
But with the couple of tips I'm sharing with you now ππ§΅
1/
First and foremost, never invest more than you can afford to lose. I know it sounds corny, but trust me, it's true.
While you're learning, there will be times when you'll get rugged, but it's ok. If 2 out of 10 hits a 10x and the rest fail, you'll still be up 2x your money.
First and foremost, never invest more than you can afford to lose. I know it sounds corny, but trust me, it's true.
While you're learning, there will be times when you'll get rugged, but it's ok. If 2 out of 10 hits a 10x and the rest fail, you'll still be up 2x your money.
2/
If you have a net worth of only $1k, it's difficult to afford gas on Ethereum.
In that case, I would recommend focusing on alternative ecosystems like $SOL, $ARB, or $AVAX.
If you have a net worth of only $1k, it's difficult to afford gas on Ethereum.
In that case, I would recommend focusing on alternative ecosystems like $SOL, $ARB, or $AVAX.
3/
With a small portfolio, it's best not to go full degen just yet.
Instead, concentrate on micro caps within your preferred ecosystem with a mcap below $20M.
With a small portfolio, it's best not to go full degen just yet.
Instead, concentrate on micro caps within your preferred ecosystem with a mcap below $20M.
4/
Make sure to do your due diligence to ensure the team is safe and keep an eye out for upcoming bullish catalysts that could positively affect the price.
Make sure to do your due diligence to ensure the team is safe and keep an eye out for upcoming bullish catalysts that could positively affect the price.
5/
Depending on your level of conviction in these plays, I'd be looking for quick returns of up to 50%.
But remember, it's not a strict rule and depends on various factors. So trust your judgment too.
Depending on your level of conviction in these plays, I'd be looking for quick returns of up to 50%.
But remember, it's not a strict rule and depends on various factors. So trust your judgment too.
6/
Finding these plays can be challenging.
So, it's a good idea to connect with a group of like-minded degens who are also grinding within your specific ecosystem.
Finding these plays can be challenging.
So, it's a good idea to connect with a group of like-minded degens who are also grinding within your specific ecosystem.
7/
These groups can be instrumental in helping you learn and bringing your attention to opportunities that may have otherwise gone unnoticed due to the vast and fast-paced nature of this space.
These groups can be instrumental in helping you learn and bringing your attention to opportunities that may have otherwise gone unnoticed due to the vast and fast-paced nature of this space.
8/
I recommend sticking with the above method until your portfolio reaches a high 4 figs amount.
Once you're approaching the $10k milestone, you can start exploring Ethereum. The potential gains from your initial investment will outweigh the gas fees if you make wise decisions.
I recommend sticking with the above method until your portfolio reaches a high 4 figs amount.
Once you're approaching the $10k milestone, you can start exploring Ethereum. The potential gains from your initial investment will outweigh the gas fees if you make wise decisions.
9/
Here's a list of accounts to follow that help you navigate and discover new plays π
Here's a list of accounts to follow that help you navigate and discover new plays π
10/
DYOR and establish suitable due diligence criteria that work for you.
Your conviction can determine how long you hold, but when your portfolio is small, aim for 2-3x gains.
DYOR and establish suitable due diligence criteria that work for you.
Your conviction can determine how long you hold, but when your portfolio is small, aim for 2-3x gains.
11/
When considering this 2-3x ROI, it's important to keep in mind any taxes, slippage, and gas fees associated with your purchase and sale.
Keeping a trade journal in Excel could be a useful way to track these factors.
When considering this 2-3x ROI, it's important to keep in mind any taxes, slippage, and gas fees associated with your purchase and sale.
Keeping a trade journal in Excel could be a useful way to track these factors.
12/
Etherscan allows you to track the source of funds, identify the wallet of the contract creator, view token holders and their other holdings, analyze the coin distribution, find socials within the contract, and check if the liquidity is locked.
Etherscan allows you to track the source of funds, identify the wallet of the contract creator, view token holders and their other holdings, analyze the coin distribution, find socials within the contract, and check if the liquidity is locked.
13/
If you come across something that catches your attention, take a moment to review the contract on Etherscan. Pay attention to the following details:
β¬ Check if the contract is verified (look for a green tick next to the contract).
β¬ Check if liquidity is locked.
If you come across something that catches your attention, take a moment to review the contract on Etherscan. Pay attention to the following details:
β¬ Check if the contract is verified (look for a green tick next to the contract).
β¬ Check if liquidity is locked.
14/
β¬ Investigate the source of funds.
β¬ Find out if ownership has been renounced.
β¬ Look into the distribution of tokens.
β¬ Analyze the top holders and their other investments.
β¬ Check the taxes.
β¬ Examine the dev wallet.
β¬ Investigate the source of funds.
β¬ Find out if ownership has been renounced.
β¬ Look into the distribution of tokens.
β¬ Analyze the top holders and their other investments.
β¬ Check the taxes.
β¬ Examine the dev wallet.
15/
Here, you'll find important info such as the max wallet, and max tx amount. These details are particularly crucial during new launches to prevent transaction failures caused by attempting to buy more than the contract allows.
Here, you'll find important info such as the max wallet, and max tx amount. These details are particularly crucial during new launches to prevent transaction failures caused by attempting to buy more than the contract allows.
16/
To see the actions taken by the dev, click into the contract creator wallet.
The top box indicates that the contract has been renounced, preventing devs from changing the contract in the future. As for LP lock, you can verify the % of liquidity locked and the duration.
To see the actions taken by the dev, click into the contract creator wallet.
The top box indicates that the contract has been renounced, preventing devs from changing the contract in the future. As for LP lock, you can verify the % of liquidity locked and the duration.
17/
Here are some other actions to look out for:
β¬ Adding liquidity: How much and whether it is sufficient.
β¬ Setting max wallet or tx limits: Make sure you are trying to buy within these parameters.
Here are some other actions to look out for:
β¬ Adding liquidity: How much and whether it is sufficient.
β¬ Setting max wallet or tx limits: Make sure you are trying to buy within these parameters.
18/
β¬ If you have discovered the contract before trading begins, you can quickly buy as soon as the enable trading command is executed.
β¬ If you have discovered the contract before trading begins, you can quickly buy as soon as the enable trading command is executed.
19/
To trace the origin of funds in a contract creator's wallet, navigate to the transactions section and follow the trail back to the first transaction.
To trace the origin of funds in a contract creator's wallet, navigate to the transactions section and follow the trail back to the first transaction.
20/
This will help determine if the developer sourced their funds from a cex or another wallet. Keep an eye out for internal transactions labeled as tornado cash, as this could be a potential red flag.
This will help determine if the developer sourced their funds from a cex or another wallet. Keep an eye out for internal transactions labeled as tornado cash, as this could be a potential red flag.
21/
When you click into the contract you're viewing, take a look at the holders and distribution.
It's important to ensure that no single wallet holds more than a small percentage of the total supply.
When you click into the contract you're viewing, take a look at the holders and distribution.
It's important to ensure that no single wallet holds more than a small percentage of the total supply.
22/
Sometimes, you may come across bigger wallets, such as dead wallets, team wallets, or marketing wallets. It's important to understand their purpose and whether they are vested or not.
Sometimes, you may come across bigger wallets, such as dead wallets, team wallets, or marketing wallets. It's important to understand their purpose and whether they are vested or not.
23/
Don't hesitate to join the TG or Discord and ask questions. A legit project should be able to provide explanations.
Don't hesitate to join the TG or Discord and ask questions. A legit project should be able to provide explanations.
24/
After completing these manual checks, you can perform automated checks using the following tools:
β¬ honeypot.is
β¬ tokensniffer.com
Simply paste the contract into these tools, and they will provide you with the info.
After completing these manual checks, you can perform automated checks using the following tools:
β¬ honeypot.is
β¬ tokensniffer.com
Simply paste the contract into these tools, and they will provide you with the info.
25/
This is not a guaranteed path to success, but hopefully it will prevent some of you from buying honeypots and rugs.
This is not a guaranteed path to success, but hopefully it will prevent some of you from buying honeypots and rugs.
26/
You have two options to access the new pairs listings: either through your favorite charting site or by using a Telegram bots:
β¬ t.me
β¬ t.me
β¬ t.me
β¬ t.me
You have two options to access the new pairs listings: either through your favorite charting site or by using a Telegram bots:
β¬ t.me
β¬ t.me
β¬ t.me
β¬ t.me
t.me/iTokenEthereum
iToken - Ethereum
A cloud based token spotter for alpha hunters and security conscious investors/traders. CMC + Gecko...
t.me/tokencreations
Token creations (ERC-20, by @shitco1nguru)
Only ERC-20, no NFTs. Owner: @Rrrrotten Main channel: https://t.me/shitco1nguru
t.me/TUF_ETH_CA_PORβ¦
TUF ETH Contract Simulator Portal
You can view and join @TUF_ETH_CA_PORTAL right away.
t.me/TheEyeETH
28/
Identify profitable wallets by cross-referencing early buyers of mooning projects.
Check out TheEyeBot that I shared above to know which influencers are backing projects and avoid exit liqs.
Identify profitable wallets by cross-referencing early buyers of mooning projects.
Check out TheEyeBot that I shared above to know which influencers are backing projects and avoid exit liqs.
29/
Find a project you wish you had got in early on and follow these steps:
β¬ Go to the project's page on Etherscan.
β¬ Head to the "Transfers" tab.
β¬ Scroll back through the last few pages.
β¬ This will show the first few txns, showing those fortunate ppl who got in early.
Find a project you wish you had got in early on and follow these steps:
β¬ Go to the project's page on Etherscan.
β¬ Head to the "Transfers" tab.
β¬ Scroll back through the last few pages.
β¬ This will show the first few txns, showing those fortunate ppl who got in early.
30/
Click into it and check for other holdings. This will help you assess if he expert at this and do it on a regular basis or if it was a one-time occurrence. The more confluence you find, the more likely the wallet is worth copying.
Click into it and check for other holdings. This will help you assess if he expert at this and do it on a regular basis or if it was a one-time occurrence. The more confluence you find, the more likely the wallet is worth copying.
31/
Well, you have found a collection of wallets that you believe may offer alpha. Connect them to a site like @DeBankDeFi and start following these wallets. Make sure to give them names so you can remember why you are following them.
Well, you have found a collection of wallets that you believe may offer alpha. Connect them to a site like @DeBankDeFi and start following these wallets. Make sure to give them names so you can remember why you are following them.
32/
If you can find a system that works for you, apeing shitcoins can be highly profitable. However, on the flip side, you can easily get rekt if you are overexposed or ape in a rug/honeypot.
If you can find a system that works for you, apeing shitcoins can be highly profitable. However, on the flip side, you can easily get rekt if you are overexposed or ape in a rug/honeypot.
33/
Once you have built your net worth to around $20-30k and gained a deeper understanding, it would be advisable to start focusing a significant portion of your portfolio on opportunities with a strong narrative and roadmap.
Once you have built your net worth to around $20-30k and gained a deeper understanding, it would be advisable to start focusing a significant portion of your portfolio on opportunities with a strong narrative and roadmap.
34/
If you have discovered a system that works, it might be wise to allocate around 20% of your portfolio to micro caps.
This allocation can help reduce overall volatility while still providing exposure to the potential upside they offer.
If you have discovered a system that works, it might be wise to allocate around 20% of your portfolio to micro caps.
This allocation can help reduce overall volatility while still providing exposure to the potential upside they offer.
35/
If you're not ready to trade low-cap shitcoins, here's my thread with more solid picks π
If you're not ready to trade low-cap shitcoins, here's my thread with more solid picks π
36/
Also some tips on how to handle a portfolio from $1,000 to $10,000,000 π
Also some tips on how to handle a portfolio from $1,000 to $10,000,000 π
Don't miss out on the next alpha! Join me on Telegram now:
β¬ t.me
β¬ t.me
If you found this thread helpful, don't forget to:
β¬ Follow me @ardizor for more.
β¬ Like/Bookmark/Repost the quote below if you can:
β¬ Follow me @ardizor for more.
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