- Feb 5, 2017
- 770
- 434
Scrolling through BHW forums, I’ve already seen two posts where people are complaining about not being able to sell a token that has risen significantly in price, and they don't understand why. Come on, people, I thought this ended in 2022, but with Bitcoin's price hitting ATH and many newcomers coming in due to stories like turning 1 Solana into 500 by investing in meme coins, I think this will be helpful for you.
I understand that trading meme coins is a risky activity, but that doesn't mean you should throw your money into the first token you come across without spending at least one minute researching. It's better to miss out on a small profit than lose everything!
Moreover, in 2024, there are plenty of tools available to quickly check a token. I won't go into all the scam types; you’re smart enough to use search modifiers and Google something like: crypto scam types site:reddit.com and spend 30 minutes researching. This way, you'll learn about the different scam types.
Here’s a small list of websites where you can easily check tokens using the contract address and chain:
If you still have any questions or whatever, feel free to ask.
I understand that trading meme coins is a risky activity, but that doesn't mean you should throw your money into the first token you come across without spending at least one minute researching. It's better to miss out on a small profit than lose everything!
Moreover, in 2024, there are plenty of tools available to quickly check a token. I won't go into all the scam types; you’re smart enough to use search modifiers and Google something like: crypto scam types site:reddit.com and spend 30 minutes researching. This way, you'll learn about the different scam types.
Here’s a small list of websites where you can easily check tokens using the contract address and chain:
- https://honeypot.is/ (BSC, ETH, Base)
- https://gopluslabs.io/token-security/ (Multi-chains)
- https://app.quickintel.io/scanner (Multi-chains)
- https://rugcheck.xyz/ (SOL)
- @soul_scanner_bot (SOL)
If you still have any questions or whatever, feel free to ask.