I had a rethink and came up with a new strategy. The good ones are hitting $2/ 4 dollars . If I put $20 into each one of these at 4 cent. I am selling at breakeven and leaving the balance run to see where it takes me. I am also looking more into the tokens at launch and not investing in all of them so my win ratio will get higher. Tweaky Tweaky catchy memey 😃
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I played about with memes on launch at Ape.Pro on Jupiter, I thought I was doing OK, as I saw a few that were obviously being manipulated as the price was going up like a stairs for about the first hour after launch. I used the "buy 0.1 SOL" button and caught a few 10% rises, and was pretty pleased with myself until I realised that my "0,1 SOL" buy was actually costing 0.12SOL , which was VERY annoying.
Then the inevitable happened and I got rugged, so the experiment was a bust. It would be possible to grab 20%+ rises with the same memes I played with , but staying in long enough to catch 20%+ would just increase the likelihood of catching the rug.
Yeah the rugpool are crazy. I like the chat room that comes with Hypurrfun and the reputation score for the devs. You can get a fairly good idea over a couple of days who the rug pullers are. I think it is mad but good artwork is the key to a meme making it . Also go stickers and raids on chats. Its all madness but if you hit the right token you could make more money for little investment in a short space of time. I am at a stage now where I am buying at 4 cent. When they hit 20 cent I am out the door. I looked at the tokens the day after and they are all nearly at 4 cent again bar one or two but getting in and out quickly and buying in at 4 cent is the key and they don't fall lower than 4 cent most of the time
Well, if they are not generally going to zero, then that's a good thing