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2023/05/08 19:42

PEPE investment strategys

Since its launch, the price of the PEPE token based on the famous meme has soared by tens of thousands of percent, leaving members of the crypto community worried about the missed chance to make a huge profit. And although most market experts agree that it is better to stay away from memcoins, some of them still share different strategies for investing in HYIP tokens.

Famous analyst Miles Deutcher spoke on about a few simple rules that will help you make money on PEPE and lesser-known memcoins.

The editorial staff of  reminds: investing in memcoins involves high risks. The price of meme coins primarily depends on how many people talk about them on the Internet. In addition, they are extremely vulnerable to price manipulation, and the decision to add them to the portfolio involves great risks. Always remember the observance of risk and money management, allocate a small part of the capital to volatile tokens and trade only with the money you can afford to lose.

1. Conduct your own research (DYOR)

The phrase "conduct your own research", or DYOR (from English do your own research), has become popular thanks to crypto enthusiasts and is often used by market participants. Its meaning is that any new project or area in which you plan to invest should be carefully studied. Use analytical tools, such as DEX Tools, to identify growing memcoins, and carefully monitor which coins show good results.

The Deutcher also advises you to pay special attention to the activity of the token community. The analyst believes that the price dynamics of memcoins primarily depends not on fundamental indicators, but on psychological factors, so user support is extremely important for increasing the value of the asset. Track the number of mentions of the memcoin you are interested in on social networks on sites such as

2. Examine the technical documentation of the project

Before buying a HYIP memcoin, carefully study its tokenomics and all available technical documentation, as well as find information about the development team. The Token Sniffer platform will help you conduct your own token audit will help, and the Bubblemaps service will help you assess the distribution of coins to holders' wallets.

3. Follow the whales

Track transactions of large investors using the Etherscan blockchain explorer and analytical platforms - for example, LookOnChain and DeBank. This will help to better time to buy and sell, as well as to find new projects that can potentially bring the long-awaited "xes".

Collected coins that can repeat the success of PEPE in a special BeInCrypto material

4. Make an action plan

Decide in which projects you will invest. These can be either relatively unknown projects that are only gaining popularity, and memcoins that have already attracted the attention of the community.

"New liquidity primarily gravitates towards leaders, which makes known assets a more profitable investment in terms of risk-to-remuneration ratio," comments the analyst.

Deutcher also strongly advises not to mix the funds allocated for the purchase of memcoins with fixed investment capital. According to him, this will help to clearly follow the plan and reduce emotional stress.

"Treat the memcoin market as a casino. If you don't feel comfortable betting a certain amount on them, you probably shouldn't do it," he says.

5. Fix profits in parts

The analyst advises to use a cost averaging strategy (DCA, dollar cost averaging) to buy memcoins - to do this, you need to divide the allocated funds into equal parts and make purchases regardless of the price, or wait for a major price correction to enter the market.

To determine when the asset approaches the peak of value and reduce risks, you need to monitor the trading volume, the number of holders, whale sales and changes in financing rates from negative to positive, Deutcher writes.

The expert also believes that it is worth fixing the profits made strategically. Withdraw initial investment after a double increase in the price of memcoin, and then record a certain percentage with each subsequent jump.
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