image using Ai.
As everyone who have been in crypto since the last year or more.. you know memecoins are performing much better than other Alts.
So it doesn't make sense to put so much efforts into researching thousands of coins that exist in the market.
Think Less, Buy more and Outperform on US Election day
One of the reason I missed couple of memecoins generational run was "I thought too much If I should buy or just ignore it"
Thinking too much while investing is like saying maybe I'll come to hangover to that one friend, you never go there same like you never invest after thinking a lot about an investment.
image by Angela Yuriko Smith from Pixabay
Yea the market and my favourite altcoins been trading in the same range since the summer and it's going down again but I'm not panicking just before US elections
This isn't the time to panic, it's the time to wake up everyday and buy more coins in spot.
I'm not building leverage position here
Trying to avoid leverage because as we're coming closer to election day.. it's make sense market will trade in the same range, market makers will push it down to make "deriskers" leave the market
And the moment trump will win election we'll see our coins going up like 2021 Tesla buying bitcoin news hit the market and it went up $5k in one candle.
it won't be sell the news event
Closely observing markets and we can clearly see it is being dragged down by the market makers to run stop loss and make de-riskers leave market before elections
image from Pixabay
On the election day we can see liquidation cascade based on results coming out from this and that state
During that time I'll just simply watch memes coming out on internet and than observing when someone going to launch meme on SOL.
Going to try buying in as early as possible.. and pray that I'll be lucky one to turn my $15 into 100k or something.
The first couple of memes to come out on election day will surely do 100x or so easily, even if I found one sitting at 10m cap or higher.. I'll ape, cause I've seen the meme madness back then and this event is happening after a long time which is very important for the whole world.
Wrapping Up..
Well, this is going to be my first time trading a big event like elections so I'll have to be more careful that's why not going for leverage and memecoins look safe heaven related to election.
Let's see if this degen will make something or it's going to be another life lessons. Whatever it is, the important thing that matters is I'll be participating in some ways instead of watching it and doing nothing.
So taking action is all that matters and hope so those actions will lead to something good. In the wonder what's your thoughts on this and would love to know your plan about election day in the comments.
