Anyone copy-trading meme coins?

mon3y4me

mon3y4me

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Who's doing copy trading with solana meme coins? What bot do you use with the fastest transaction and lowest fee? thanks
 
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LOX said:
Be careful copy trading, a lot of big traders know that people are following the wallets they use so they use them as exit liquidity

They buy, everyone buys after them, they sell for an easy profit
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In that case, why not auto-sell at lets say 50-80% of the target after they buy the coin?
 
LOX said:
Hard to know what someones target is I guess
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Alot of traders do 1x + on coins. In that case, wouldn't it be better to sell manually at 80-90% before they sell?
 
Been looking into this too! Solana's low fees make it tempting. Heard about Hummingbot and VestBot for automation, might be worth checking out
 
There’s a significant risk that the one you’re hunting will start hunting you instead, leading you into outright scam coins specifically prepared for this purpose.
 
LebedevUA said:
There’s a significant risk that the one you’re hunting will start hunting you instead, leading you into outright scam coins specifically prepared for this purpose.
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This is why you should combine auto-buy with manual sell. So Instead of selling at the trader's target. Manually sell it at your profit target. Ex: 50-80%
 
I tried copy trading on Bybit, and from all 10 copies I did, 9 got liquidated because I didnt close the copy when profitable.
There was only one profile that applied SHORTS and LONGS at the same time and still going.
 
LebedevUA said:
There’s a significant risk that the one you’re hunting will start hunting you instead, leading you into outright scam coins specifically prepared for this purpose.
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If a wallet has a value of $15+ million that is spread out across 20+ known legit tokens and is actively trading and obviously other tokens making money then it is highly unlikely they would waste their time on some scammy BS.
 
I am using Trojan copy trade, but better do your on research before buy in, you can use Smart Money Tracking by chain.fm they have 24/7 On-Chain Monitoring.
 
noobclanorz said:
I am using Trojan copy trade, but better do your on research before buy in, you can use Smart Money Tracking by chain.fm they have 24/7 On-Chain Monitoring.
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How fast is it and what about fees? I've tried few bots and they fail at buying coins sometimes
 
Any recommendations for a good trading bot with low fees? I tried a few of them but sometimes it fails to buy and sell on time.
 
Is anyone able to copy-trade low mcap coins (below 10k) with bots? I'm able to grab coins that do 2-3x everyday but they move so fast that sometimes the bot buys it at a much higher price which makes the trading unprofitable. I'm looking for a bot that can buy/sell super fast.
 
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