$16 in $3 million

[myself123a]

Have you ever thought about creating your own coin? Of course, there may be a lot of questions. It would be possible to use AI, but it has a very old base for such cases. Although you can try.


How can you make shitcoin useful at all? He is not provided with anything and, therefore, does not give any guarantees. I'm not a fan of Elon, but if it can help you make money, then why not?

a) In the broader persective of what is REALLY going on in the world, he ('elon') + his cohorts are trying to turn people into gamblers, as opposed to thinkers... much easier to control gamblers than thinkers.
b) re: the shitcoin, haha, yes - they aren't really useful. But some (purport) to focus on privacy, others focus on other things. Whether or not they actually do that I don't know - but that is where you look for the utility.
c) Of course - if you can make money, go for it. But - you are more likely to lose long term than win at it. (Simply because if you win, you'll want to win bigger then make a mistake and most likely lose it all, and if you lose - you'll probably lose it and not feel like trying again). I did and (at the moment) sadly lost about $10k in some alt coins. Wasn't too fun, and even though I did a bit more reserach - turns out the guys promoting it were actually pump/dumpers...

 

[Relykov]

Make your own coin. Ideally make it have some UTILITY (not just a 'gambling' coin).

Funny how memecoins are outperforming a lot of utility coins. Utility is over rated

 

[WAndreas]

Meme coins are all about timing and hype, but they're super risky. Many are pump-and-dump schemes, so only invest what you're okay losing. Research the community and devs behind the coin, and consider diversifying into more stable crypto to balance the risk.

Investing is generally a very suspicious thing. Here it is necessary to say goodbye to the money even before investing. And then - as luck would have it. Of course, trying to use the foundation may be a good idea. But it may also not work out.

From November 3 to November 10, a person invested $2.8 million in PNUT tokens. After listing on Binance, he did not take profits.

The wallet held 26.72 million PNUT worth $56.64 million.



If I had 2 million, I definitely wouldn't have invested it in memcoins. But the rich have their own quirks.

From November 3 to November 10, a person invested $2.8 million in PNUT tokens. After listing on Binance, he did not take profits.

The wallet held 26.72 million PNUT worth $56.64 million.



If I had 2 million, I definitely wouldn't have invested it in memcoins. But the rich have their own quirks.

Investors know whether the token is going to get listed on exchanges and when. Early investers will always be talking to devs. If the token is going to be listed on exchanges, it will always blow up 10x at least. That's why investors can invest lots of money without worry.

This time timing was just right for the meme coin to explode with trump and elon with winning election.

In previous years, many memes coins and even legit good tokens listed in exchanges instead tanked.

In previous years, many memes coins and even legit good tokens listed in exchanges instead tanked.

If you issue your own coin, how can it collapse? Ideally, it could be bought by robots right away. And you're fixing yourself in the meantime. No?
This is a little off topic, but I'm currently considering releasing my memcoin.

 

[DarkCodeX]

"Memecoins: big risk, big reward... but mostly risk!"

 

[WAndreas]

"Memecoins: big risk, big reward... but mostly risk!"

Everything here is a risk. Risk is part of the job if you want to get paid in cash. That's what I think

 

[Relykov]

Investors know whether the token is going to get listed on exchanges and when. Early investers will always be talking to devs. If the token is going to be listed on exchanges, it will always blow up 10x at least. That's why investors can invest lots of money without worry.

That's right if you are a sizeable investor you will get insider info before anyone else. And when finally listed on exchanges that's the time to usually dump because looking at many other memecoins that's usually the all time high for many

 

[WAndreas]

That's right if you are a sizeable investor you will get insider info before anyone else. And when finally listed on exchanges that's the time to usually dump because looking at many other memecoins that's usually the all time high for many

Now looking at pumpfan, memcoins are being listed. It's an interesting pattern. They sell out almost as soon as they go up in value. I haven't realized yet how much money can be made there or if it's even possible.

 

[Relykov]

Now looking at pumpfan, memcoins are being listed. It's an interesting pattern. They sell out almost as soon as they go up in value. I haven't realized yet how much money can be made there or if it's even possible.

Just listing a token on there and it shooting up would be far too easy. From what i saw there are a lot of small dead coins on there. The ones that do well seem to have at least some kind of community and some financial backing

 

[WAndreas]

Just listing a token on there and it shooting up would be far too easy. From what i saw there are a lot of small dead coins on there. The ones that do well seem to have at least some kind of community and some financial backing

Let them not give 100x, let them give 1x. That would be quite enough. Net profit, I mean. A lot of coins come and go, with the developer selling everything first. So far that's happened.

 

[WAndreas]

I haven't. I am still learning what I can and not be deterred by setbacks.

I wanted to clarify about the creation of memcoin. Did I understand correctly that you have experience in this area?

 

[Relykov]

Let them not give 100x, let them give 1x. That would be quite enough. Net profit, I mean. A lot of coins come and go, with the developer selling everything first. So far that's happened.

Ye thats normal developers have to eat too

I wanted to clarify about the creation of memcoin. Did I understand correctly that you have experience in this area?

Never launched on pumpfun but launched some memecoins on eth and sol blockchains if you want to ask any questions

 

[WAndreas]

Never launched on pumpfun but launched some memecoins on eth and sol blockchains if you want to ask any questions

Hi. That would be nice) The first question has to do with the financial cost, of course. I watched the video, the information is contradictory. One took 1.5 solan to run the coin (considering only on it for now), another 0.05. How much did it take you? Also recommend leaving some amount to buy your coin to encourage other buyers. Others say that in the first seconds after listing a coin is bought by robots and you can make money on it if you sell everything at that moment. Albeit a little, but kind of steady. What do you think?

 

[WAndreas]

More. Not quite sure what the point of making a profit is. I issue a coin, I list it, they buy it, the price goes up, I sell my coins. When do I do that? Sell for another cryptocurrency, I take it? What about the rest of the coins that someone else bought? Put a buy/sell commission on them?

 

[Seo Captain]

For this to happen the opposite will also happen with another trader. His 3 million will be converted to $15. Be ready for that if you want such thing to happen.

 

[WAndreas]

For this to happen the opposite will also happen with another trader. His 3 million will be converted to $15. Be ready for that if you want such thing to happen.

In other words, it's a pyramid scheme? Someone creates it, then takes the cream and walks away, leaving everyone else ruined? Then what's the point of all these memcoins? To undress others?

 

[doubledhamal]

I've become curious, who and how works with meme coins? I'm considering this direction. One person invested 16 dollars and earned 3 million in two weeks. Another invested 15.5k dollars and earned 56 million. Both invested in PNUT.
And where was I during this time? Why didn’t I invest in this meme coin too? It’s clear that the cases they write about are one in a million, but I don’t need to make 3 million. Half of that would be enough for me. There must be some hidden catches, though. But where aren’t there any? Can anyone explain anything about this? I’ve never dealt with meme coins before.

One can get lucky with such coins. Best option is like to divide $1000 in 100 coins and then take the bet. If one coin explodes, you will make good return on this investment.

 

[WAndreas]

One can get lucky with such coins. Best option is like to divide $1000 in 100 coins and then take the bet. If one coin explodes, you will make good return on this investment.

I can't afford to make bets like that. If I could, I wouldn't have done it even then. Who knows? If you're going to try it, it's going to be at the minimum. And then, if you are lucky, you can increase. Which might not be a good idea either. You still have to withdraw the main percentage in cash.

 

[seomaster5]

Someone on BHW should start a similar journey. The members here have edge over a new crypto investors. They can research the opportunities well.

 

[WAndreas]

Someone on BHW should start a similar journey. The members here have edge over a new crypto investors. They can research the opportunities well.

Definitely, I think. One on one guidance: https://www.blackhatworld.com/seo/g...se-study-and-live-walkthrough.1549753/page-10 is invaluable. Not everything is so immediately clear, it takes time and effort. But, sorry, such information is often given only for money. Thank you,

Spoiler: Sol

 

[Relykov]

The first question has to do with the financial cost

This depends on the blockchain. For Sol is it very cheap. You can do it through various websites and they will charge you 0.05 Sol to crete the token + a service fee of around 0.15 depending on what site you use. You can also skip the step of doing it through a site and create the token yourself in terminal and it will cost you just the 0.05

For Eth it can be more complicated because there are a lot more options when it comes to code a lot more functions when compared to Sol. The more complex the code the more in gas fees you will pay when deploying it. Simple token you can launch for maybe 0.10 Eth and around 0.3 Eth for one with more functions. There is a lot of nuance.

Now that's just the token setup, next you have to setup the liquidity pool (LP). This is completely up to you how much you put in but it will determine if investors will be interested in the token or not. Not too much and not too little. For the LP you will also pay gas fees. For Sol Raydium will charge you 0.2 Sol for the cheapest LP option and for Eth Uniswap around 0.05 Eth

After that you have your community and marketing expenses but I wont go into that here

Also recommend leaving some amount to buy your coin to encourage other buyers.

Some like to allocate tokens to themselves as the team at launch. Some like to stealth buy at launch. Some like to create fake volume for their coin. Again this depends on your stategy and overall goals of the project.

Others say that in the first seconds after listing a coin is bought by robots and you can make money on it if you sell everything at that moment.

Depending on what functions your smart contract has it can get snipers or not. Because some functions could be dangerous to buyers and those coins dont get sniped. For example coins with a blacklist function dont get sniped

When do I do that?

When you as the dev sells you will create FUD. Thats why some like to stealth buy. This is really up to you but you don't want to create big red candles on your chart again that will create FUD

Sell for another cryptocurrency, I take it?

On Eth you sell your token for Eth and on Sol for Sol. You could create other LPs with other crypto pairs but for small coins that is not needed.

What about the rest of the coins that someone else bought? Put a buy/sell commission on them?

Sol is very strict when making the smart contract, you either apply trading fees at the start or not. There is no applying fees later on with Sol. For Eth this is more flexible as I mentioned, you can have no fees at the start and then later change that as you need. Although keep in mind that this can raise some red flags for investors.

Then what's the point of all these memcoins?

Its only gambling and greed dont try to find a deeper meaning behind all of this

Hope this helps