Watch Me Make $10k Trading Memecoins (LIVE)

Summary

In this lively and somewhat chaotic video, the host trades live with friends, making over $10,000 in just two hours. The group engages in playful banter while discussing coins like PVE and zukies. The host details strategies, such as limit buys and selling at peaks, as they navigate crypto market movements. The video showcases the excitement and unpredictability of crypto trading, including moments of doubt, quick decision-making, and post-trade reflections. Ultimately, the host celebrates profitable trades while acknowledging missed opportunities, offering viewers a raw glimpse into the highs and lows of live trading.

Takeaways

• 😀 The video showcases a live trading session with friends, highlighting the excitement and unpredictability of crypto trading.
• 😀 The group discusses and buys meme coins in a relaxed, non-serious manner, focusing on making quick profits.
• 😀 They emphasize the importance of timing when entering a trade, with moments of both excitement and regret over missed opportunities.
• 😀 One person highlights making a $2K profit on a $5K investment in a coin created by a developer, showing the thrill of early-stage investments.
• 😀 Trading decisions are often impulsive, with lots of back-and-forth banter, creating a humorous, informal vibe throughout the video.
• 😀 They follow certain narrative coins, like PVE and Zuki, based on their community buzz and potential for quick price movements.
• 😀 There’s a strong focus on the concept of 'holding'—they encourage not selling too early to benefit from potential future price increases.
• 😀 A lot of the conversation revolves around keeping a positive mindset, even when the market shows red (losses), with a belief that prices will eventually go up.
• 😀 They use crypto trading jargon and slang to connect with an audience familiar with the space, often making references to specific coins and influencers.
• 😀 Despite some regrets about not holding certain coins longer, the group remains confident in their trading strategy, focusing on the profits they’ve already made.
• 😀 The video ends on a note of reflection, showing both the highs and lows of trading while maintaining a sense of fun and camaraderie within the group.

Q & A

What was the general tone and focus of the trading session in the video?

The tone of the trading session was casual and trolly, with an emphasis on fun rather than serious trading. The group made over $10,000 in just about two hours while engaging in light-hearted banter.

How much money did the group make during the trading session?

The group made over $10,000 in a span of about two hours while live trading.

What was the significance of the coin the group bought, and why was it considered special?

The group bought a coin that was the first-ever coin created by the 'Marie Dev'. One member of the group was the first to transact with it, making it a unique and memorable purchase.

What role did the developer play in the coin's supply and movement?

The developer played a crucial role by sending a significant amount of the coin’s supply to a major player (referred to as 'Murder'), which sparked more bullish sentiment in the market.

How did the tweet from TP influence the coin's movement?

The tweet from TP had a major impact, causing a spike in the coin’s price as the group anticipated it would go to the moon due to increased attention.

What was the strategy behind holding and not selling the coin immediately?

The strategy was to hold the coin and avoid selling too early. The belief was that the coin would continue to rise in value if everyone held, pushing the price even higher.

What was the 'narrative' that the group saw in the coin?

The group recognized a strong narrative behind the coin, where everyone was holding, leading to potential growth. The belief was that if enough people bought in and held, the price would skyrocket.

Why did some traders decide to 'paper hand' or sell off their positions?

Some traders decided to 'paper hand' because they wanted to secure profits quickly, fearing a downturn or missing out on a guaranteed gain rather than waiting for the coin’s price to go even higher.

What was the final outcome of the coin trade?

The final outcome was that the group made a total of $9,600 in profits, though some traders regretted not holding out longer as the coin eventually surged to higher values after they sold.

What did the video creator reflect on towards the end of the session?

The video creator reflected on the ups and downs of the trading session, acknowledging that while they 'paper-handed' a bit, they were still happy with their profits. They also expressed some regret for not holding onto their position longer, as the coin's price continued to rise after they sold.