First Things First

In any trade market, for someone to win, somebody needs to lose. That’s a fact! To play on the winning side, you need to learn a lot. Luck is another variable.

What is a Meme Coin?

A meme coin is a type of cryptocurrency created based on a popular internet meme or joke. These coins often do not have a clear use case or technical innovation behind them, and their value is largely driven by internet culture and community hype. It is possible to make money with meme coins, as their value can sometimes experience rapid increases, especially if they gain significant attention and support from the community. It’s important to do thorough research and understand the risks involved before investing in meme coins or any cryptocurrency.

How Do People Make Money with Meme Coins?

Meme coin prices are very volatile; you can easily see coins increasing 10x, 50x, even 100x or more in hours.

Where Should I Start?

If you don’t have any crypto, the first thing to do is buy some. You can use our exchange tool for that. The second step is to convert this crypto to the chain you want to trade on. For example, if you have Bitcoin and you want to trade a coin that works on the Solana blockchain, you will need to convert your Bitcoins into Solana coins. Imagine that meme coins are sub-coins of a bigger chain.

To be more clear, if you want to trade a sub-coin of the Solana chain called XXX, you need to have a certain amount of Solana to convert to XXX during the trade and then convert back to Solana to take your profit if XXX has increased in value. The same applies to other big chains, like Ethereum.

Available Tools

Commonly, you can trade meme coins on trading websites like Raydium, Jupiter, and others, or you can use bots to be a lot faster. These bots are normally built in Telegram or Command Line.

How Can I Buy Crypto?

Just go to our “Get In” page and use our “Change Now” tool. If you don’t have any crypto, you can buy it with your credit card, or you can convert your existing crypto (e.g., Bitcoin) into the mother crypto you want to trade (e.g., Solana).

Create a Personal Wallet

In the first case, you will need to create a wallet, such as Phantom, Trust Wallet, Brave, MetaMask, or Exodus. There are plenty of wallets available. If you don’t have a clue, just do a quick search to learn about crypto wallets.

Transfer the Crypto to the TG Bots

To start trading, you will need to transfer some crypto from your wallet to the Telegram bot or the website you will use to trade. In some cases, you can connect your wallet to these tools directly.

Avoid Scams and Rug Pulls

Everything may seem good, and you might expect to make a lot of money until you get rugged or scammed.

There are several ways you can lose your money:

Common Scams:

• Fake Bots: You transfer your crypto and lose everything.
• Malicious Bots: You can trade, but the fees will take all your money, or the bot might not perform as expected. For example, you might think you are earning 50% gains, but the bot just sends back 10% gains. Be aware; everything happens too fast.

Rug Pulls:

You buy $10 worth of a coin that is increasing in value. Two minutes later, the coin’s value drops from $100k to $10k in one second. This happens because the same person or group had a big percentage of the coin’s liquidity and sold everything. Just imagine a coin with a $100k market cap, and 10 people holding 9% each of the liquidity. If they sell at the same time, the coin’s value will drop to almost 0 instantly, and you will lose your $10. They do it systematically for tiny amounts that, in the end, earn them a lot of money with rug pulls.

Honey Pots:

Coins that seem okay, but you can’t sell them. These are created with malicious code.

Liquidity Not Burned:

The liquidity is not burned, meaning it can be removed at any time.

Mint Authority Not Frozen:

The ability to create more coins is not frozen, meaning new coins can be minted and devalue your holdings.

Start Trading

Now get in the room, join the chat, and start trading. Remember to start with small amounts, and do not invest what you can’t afford to lose. This is a game, and you will lose in the beginning until you get used to everything. The learning curve depends on you, so educate yourself. Here, you will find the most viewed YouTube channels about meme coins. Start watching those who are already doing it. They offer paid training as well, and you won’t waste your money because you will learn faster and lose less.

What is an NFT?

An NFT, or Non-Fungible Token, is a type of digital asset that represents ownership or proof of authenticity of a unique item or piece of content, typically stored on a blockchain. Here are some key aspects of NFTs:

• Non-Fungible: Unlike cryptocurrencies such as Bitcoin or Ethereum, which are fungible and can be exchanged on a one-to-one basis, NFTs are unique and cannot be exchanged on a like-for-like basis. Each NFT has distinct properties and value.
• Blockchain Technology: NFTs are usually built on blockchain platforms like Ethereum, which provide a decentralized and secure way to verify ownership and authenticity. Each NFT has a unique identifier stored on the blockchain, making it easy to track and verify.
• Digital Ownership: NFTs can represent ownership of digital items such as art, music, videos, virtual real estate, in-game assets, and other digital collectibles. Owning an NFT does not necessarily grant copyright or intellectual property rights unless specified by the creator.
• Smart Contracts: NFTs often use smart contracts, which are self-executing contracts with the terms directly written into code. Smart contracts facilitate, verify, and enforce the transfer of ownership and other actions related to the NFT.
• Interoperability: NFTs can be traded or sold on various online marketplaces, and their ownership can be transferred across different platforms that support the same blockchain standards (e.g., ERC-721 or ERC-1155 for Ethereum).
• Scarcity and Provenance: NFTs can be created with limited supply, adding scarcity and value to the digital item. Provenance, or the history of ownership, can be easily tracked, ensuring transparency and authenticity.
• Royalties: Creators can program royalties into the NFT’s smart contract, allowing them to earn a percentage of sales each time the NFT is resold. This feature has become popular in the art and music industries.
• Use Cases: NFTs have a wide range of applications, including digital art, virtual goods in video games, virtual real estate, domain names, and collectibles. They can also be used for tokenizing real-world assets and enabling fractional ownership.
• Marketplaces: Several online platforms facilitate the buying, selling, and trading of NFTs, including OpenSea, Rarible, Foundation, and NBA Top Shot, among others.

NFTs have gained significant attention and popularity, particularly in the art and entertainment industries, as they provide a new way for creators to monetize their work and for collectors to own and trade unique digital assets.

How Can I Create an NFT?

Creating an NFT involves several steps, including choosing the right blockchain, setting up a digital wallet, and minting the NFT on an appropriate platform.

For Total Beginners:

What is a Cryptocurrency?

A cryptocurrency is a digital or virtual form of currency that uses cryptography for security. It operates independently of a central authority, such as a government or financial institution. Here are some key points about cryptocurrencies:

• Decentralization: Cryptocurrencies typically use decentralized networks based on blockchain technology. A blockchain is a distributed ledger that records all transactions across a network of computers.
• Cryptography: Cryptocurrencies use cryptographic techniques to secure transactions and control the creation of new units. This ensures the integrity and security of the currency.
• Transactions: Cryptocurrency transactions are recorded on a public ledger. This ledger is maintained by a network of nodes (computers) that validate and record transactions.
• Types: Bitcoin, created in 2009, is the first and most well-known cryptocurrency. Since then, thousands of alternative cryptocurrencies (altcoins) have been developed, including Ethereum, Ripple (XRP), Litecoin, and many others.
• Wallets: To use cryptocurrencies, individuals need a digital wallet, which can be a software application, hardware device, or online service that stores the cryptographic keys required to access and manage their cryptocurrency holdings.
• Anonymity and Privacy: While transactions are recorded on the public ledger, the identity of the participants is typically pseudonymous. However, some cryptocurrencies, like Monero and Zcash, focus specifically on enhancing privacy and anonymity.
• Uses: Cryptocurrencies can be used for a variety of purposes, including online purchases, investment, remittances, and as a means of transferring value. Some platforms and services accept cryptocurrencies as a form of payment.
• Volatility: Cryptocurrencies are known for their price volatility, with values that can fluctuate significantly over short periods. This volatility can offer opportunities for traders but also presents risks.
• Regulation: The regulatory environment for cryptocurrencies varies by country. Some countries have embraced cryptocurrencies and blockchain technology, while others have imposed restrictions or outright bans.

Overall, cryptocurrencies represent a new and evolving form of digital money with the potential to transform various aspects of finance and commerce.