Degen Meme Rush using Binance Web3 Wallet Terminal
Binance Web3 Wallet Terminal at Binance is a DEX with a CEX feel. UI is neat, but the market is still wild. So prepare your mindset first: this is for hit and run, not to marry the token.
Directly go to the website: web3binance.com, log in, deposit BNB, done! You can also deposit BNB directly from your Binance Exchange account, very practical.
Chains that are often crowded: BSC (cheap & chaos), Solana (fast but brutal), Base (meme but act serious). If X is crowded + volume increases, then take a look. Let's play meme rush on BSC. Choose the Migrated ones for lower risk.
Look for meme coins: silly names, charts are still babies, volume suddenly increases. Just check briefly: liquidity is there, contract isn't strange, dev doesn't hold too much. If it's complicated, skip it. Degen is not a detective.
Entry: don't chase long green candles. Wait for a little pullback or volume to rise again. Start small. Full send on the first entry is ego, not strategy.
Size: 1 trade is just a small amount. With a small capital, don't dream of becoming a whale. The target is to survive, not just to go viral. Don't expect to get the next $PNUT or the next $GIGGLE .
TP: once in profit, sell some, return the capital. Let the rest run. If you start thinking 'just a little more', usually the market is ready to hit.
CL: -20% to -30% exit. Liquidity is gone, strange dev, market is quiet, exit. Don't expect much from the meme.
After trading: profits don't get too cocky, losses don't seek revenge. Web3 is fast, but mistakes are faster. Look at me +33% in less than 10 minutes. BNB Trenches for life!
Binance Web3 Terminal is just a degen trading tool, best for now. What causes losses is FOMO and feeling the most knowledgeable. In meme rush, it's not the smartest who succeeds, but those who know when to exit.
By the way, there's currently a competition event on web3 binance: Binance Wallet On Chain and Win Season 2! Total Prize 200 BNB! Let's join guys!
#tradingtips #MEME #MemeRush #BinanceWeb3Wallet #DEGEN
