Meme Coin Trading for Beginners — Full Breakdown & Transcript

[00:00] What's up guys in this video I'm going to be teaching you guys how to start trading meme coins as a complete beginner in 2026 But I personally am not going to be the absolute best at doing this I obviously had a path in crypto, but that was back during the buy and hold days

[00:15] So I decided to bring a friend who has a lot of experience who has made over 10 million dollars Trading meme coins to help us out today Introducing my good friend, Iscentro Yo, what's up everybody

[00:28] Okay, so before we get into trading meme coins and all that, explain your story and how you even got into it in the first place. Yes, I've been trading meme coins for the past three years.

[00:40] I pretty much just got into it because I was religiously online. I know a lot of friends that were good at crypto. So that's kind of how I got introduced to the entire world of crypto and meme coins. So yeah, I've been doing it for a pretty long time. And how much have you made across your entire career so far from trading meme coins?

[00:56] I've made over $10 million. I think the past two months alone, I have over a million dollars on Robinhood. It goes for the whole. Crazy. Yeah, I've been doing pretty well. And what did you start with when you first got into trading?

[01:10] Did you have a lot of money to begin with, or you were just literally doing it with a couple hundred bucks? So I started with an amount of money that I'm sure a lot of users watching this are going to start with. I started with $1,000, and that's how much I started.

[01:24] Pretty much from zero, you were able to go from $1,000 to now making well over $10 million and just $1 million over the last two months trading meme coins. So hopefully, he can put us on game because that's more than I've made from trading over the past two months.

[01:42] So he's already doing better than me. So hopefully, I can learn a thing or two from this video. And hopefully, you guys can learn a thing or two because obviously, I teach a lot of people how to trade futures, is how to trade the S&P 500 and the NASDAQ,

[01:55] but there's a massive audience for people that want to learn meme coins as well. So I thought, what better opportunity than to do a review. So when you first got into trading meme coins, how did you start out and what are some things that you would avoid

[02:08] when getting into it? And give us just the overall fundamentals because there's a lot of shit out there on the internet that I'm sure a lot of people, they get onto YouTube and they see all of these different make money online videos

[02:20] and how to make money trading meme coins and there's probably a lot of bullshit out there and then there's a few good things and good tips out there. So what are some major things to avoid and then what are some things that are big fundamentals for us to understand?

[02:33] So I think one of the main things you want to avoid when you get into crypto is pretty much in the comment section of TikTok and everything you see online is get rich quick. But if you're in a bugging group, if you're in an insider group, and that's literally how a lot of people

[02:46] lose their entire portfolio or lose all the money they start with because they think it's something you just start. They're just going to get rich super fast who just trust all these random people online. It doesn't really work like that. Like, you're not going to just, like, start launching drugs and making a ton of money.

[02:58] You're not going to just join an insider group and just, like, get 100x coins. So I think that's one of the main things a lot of new traders have to avoid is, you know, these, like, scams that are out there in, like, the comment sections on TikTok and Instagram. And this is something that I always tell my audience is the best way to start trading meme coins.

[03:15] Like, just point blank period, like, to start. like just get your feet wet and just like get in the actual trenches and like actually start getting reps and taking trades and I'm sure the first couple trades that myself and all these

[03:28] people take are going to be horrible but that's the only way that you learn is by like literally getting rugs and by making those mistakes to understand never to make them again yeah exactly like you can watch like a hundred hours of like I think I saw you said it's like LeBron playing

[03:43] basketball but the person that's actually going to get better is the person that picks up a ball and actually start shooting a shot and practicing on the court. Yeah, I agree. You have to actually get on the trenches and actually actively be trading in order to improve and learn from your mistakes.

[03:56] Okay, cool. And luckily for us and for all of you guys watching, there's an app called FOMO. You guys can either download it on your phone or you guys can just sign up for the website.

[04:08] And I'll leave a link down in the description for you guys to sign up. But it's by far the easiest way for you guys to start trading in-coin. So we're going to pull that up right now and have Incentos break down a couple of the key concepts

[04:20] and kind of just like overall terminology on what to start looking for when you're actually trying to find a meme coin to trade. So we're going to pull that up right now. Okay, so when you open up the app on your phone, it's going to be looking a little bit different than what we have here.

[04:34] On here, we pretty much have all of the portions of the app just kind of separated into three different panels. So first of all, what are we looking at right here? Yeah, so FOMO is pretty much a trading terminal.

[04:47] And the reason why I like FOMO and I feel like FOMO is good for a lot of new traders is because one, it filters out a lot of the rugs and a lot of the scams for you. You kind of have all of these tokens that have been somewhat verified to be on this platform.

[05:00] Also, you trade with USDC multi-chain. So in crypto, there's a ton of chains where you could trade mean coins. This place has everything in one place. You don't constantly have to move money all around. You have your money in one place.

[05:13] You're not paying a ton of fees to convert money to one chain to another. So if I click on my profile right here, most people, they're going to see me, their profile, but just dead empty. And you were talking about earlier, first of all, in order to trade crypto, we need to get money onto the platform that we're trading.

[05:31] So luckily, FOMO makes it insanely easy. Like you were saying, you were talking about chains. I know what a chain is. You know what a chain is. These people probably don't know what a chain is. So break down what that is and why FOMO makes it easy for you to be able to deposit money onto it.

[05:48] And yeah, just pretty much explain what a chain is, the different chains that people are trading on. So there is a ton of cryptocurrencies. For example, one being Solana. I'm sure a lot of people have heard about it. One being Ethereum.

[06:01] One being BNB. And all of these different cryptocurrencies have meme coins in their ecosystem. And a lot of people don't have a lot of money to just keep money on every single cryptocurrency. So what FOMO does is it has every single currency and every single meme coin in one place.

[06:15] That way, it's very easy just for everyone just to be able to trade everything. So most of the time, if I were to want to trade a meme coin on Solana, I would have to go to, let's say, a Axiom or like a freaking Radium or whatever like

[06:34] debt on Solana and I would have to deposit Solana into that wallet and then I would have to trade on there. And then if I wanted to take a trade on a meme coin that's on Ethereum, I would have to go onto like a Metamask or like a Phantom wallet and deposit Ethereum on there and then

[06:51] take a trade. The nice thing about FOMO is you can literally just click deposit and then you can deposit with crypto, with credit or debit card. And then if you guys are on your phone, you guys can use Apple Pay as well to just instantly get money on the app for you guys.

[07:06] Literally like that. And the nice thing about this is once the cash is on your account, it's dispersed across all of the different chains. So it gives you guys the opportunity to take a trade on a Solana meme coin within one second and then jump over to the Robinhood chain and take a trade on Robinhood or jump over to whatever else.

[07:27] It's pretty much the main ones right now, which is Solana and Robinhood. But that's what's so nice about trading on FOMO. Because they have the multi-chain access, it makes it a lot easier for absolute beginners.

[07:39] So once they go ahead and deposit money, and again, for most of you guys, the easiest way is just going to be using credit or debit or just Alphapay. If you guys have crypto laying around, you guys can deposit using USDC on whatever chain it is.

[07:52] Then once we have money on here, where are we going to go to be able to see what coins we want to buy? Because I see on the left-hand side, there's tokens right here. And I see neither watch list, crypto, trending, motel, graduated.

[08:07] Like, what does all this mean? All right, so graduated, these are coins I just bonded from a launchpad. A launchpad pretty much is a coin or just like a pad where you can launch a token on.

[08:19] And a coin has to hit a certain price for it to become like one of these graduated tokens, like a big boy coin, I guess you could call it. Most held is what people on FOMO on average are holding more of. So a lot of people on FOMO are holding AI, Stonk, Case.

[08:32] That's like the top three coins that are being held on FOMO right now. Trending, these are just coins that are getting a ton of volume. I think it's based on the day, but these are just coins that are getting a ton of volume, and they're trending.

[08:44] People on FOMO like the coins. A lot of pieces are being made on the coins. And then crypto, I think that's just main crypto majors and stuff. So that's the five columns for it. Okay, and then let's say one of the cool things about FOMO that I spend way too much time on

[09:01] because it literally makes me get FOMO is the leaderboard. So this will make you feel like absolute shit about yourself. So today, hey man, I'm up $2,000. I'm doing good.

[09:13] But we can see all of the people that are up significant amounts of money over the course of 24 hours, 7 days, 30 days, all time. And I think personally the cool thing about this is, one, like don't spend too much time on here and just seem like whatever.

[09:31] all of these crazy P&Ls of like, boom, this person's up 11 million all time on FOMO or 10 million all time on FOMO. I wouldn't spend too much time looking at that. But what's cool is you're able to actually see what's possible where all of these people

[09:45] essentially started by depositing money onto this app. And now they're up over eight figures through trading means, which is pretty insane. So the leaderboard is like a cool function to be like, oh, man, this guy's cooking today

[09:58] or, oh, yeah, this guy hit a crazy trade. or over the past seven days, right, these guys are doing great. And it's actually a great part to be able to actually start following people, which is what we're going to get into next, where we can go over to the alerts and see,

[10:13] hey, look, it's Brett. We can see all of these people that you follow, what they're buying and what they're selling. I honestly think that this is one of the better features of FOMO because you can go to the leaderboard of these people and say, oh, yeah, this guy,

[10:25] if we click on his profile, we can see, holy smokes, over the last 30 days, he's made over $11 million. This guy might be pretty good at this. We're going to go ahead and follow him. And then once we follow him, we'll be able to see pretty much everything that he's buying,

[10:40] everything that he's selling. And we'll be able to essentially like track some of the top traders on this application. Now, we're going to get a little bit deeper into how we can track really, really good top tier traders. But this is like a super beginner friendly way to start wallet tracking if you guys are

[10:57] just brand new to this. and it's super easy on the app. You get some turn notifications on for some of, like, the top traders to see, oh, shit, this person bought $5,000 of this coin. Now, let me ask you, because this is, like, super controversial in the crypto space,

[11:12] is it smart to follow all of these top guys, and then the second that they buy something, go and just copy trade them and then press buy? I would say copy trading, in general, is, like, a very good thing.

[11:24] Like, you should never copy someone blindly and just buy right after them. I think these people, like, they're worth following and it's worth keeping track of what they're doing, but they should just be kind of used to help you with your own conviction, right? Like, let's say you already wanted to buy a coin and you were already looking at it.

[11:37] Seeing one of these top traders that has a history of doing well trading buy a token that you were looking at probably could get you more bullish on the tokens, but you should never just blindly just, like, copy trade someone for no reason, in my opinion. Okay, so you're saying if I see one of these guys put, whatever, like, $10,000 into a coin,

[11:54] obviously you need to do your own research. And that's something that I always tell my audience when it comes to trading futures because I go live every single morning on Kik showing my trades of like me trading the S&P 500 and the NASDAQ.

[12:10] And I always tell people, yeah, this is great for you guys to be able to watch my stream and learn from me explaining the trade that I took. But you shouldn't just be blindly buying and selling whatever I'm doing because then how are you going to learn?

[12:23] so like he was saying it's really great to be able to build your own thesis around certain coins and then one of these top dogs or big whales ends up buying obviously that's going to be beneficial because that just solidifies this thesis even more or if you saw a coin that you were like uh

[12:39] i'm not so sure about this and then one of these whales goes ahead and buys that can almost be a solidification of that thesis of like okay i was on the right track with this and that's super beneficial as a beginner. You almost need like some sort of a mentor, like something to keep you

[12:54] on the straight and narrow path of this trading to be able to understand what's a good trade and what's a bad trade. And I also recommend a lot of you guys to look through some of these top traders trades like UniPCS. He has probably some of the best trades of this whole cycle so far. And you

[13:11] can study these trades and look at like, okay, when did he enter, at what market cap, and, you go through your head of like okay why what gave them the conviction to be able to buy these coins So now that we understand how to get money on the platform how we can follow certain people let get into like actually what to look for on a coin

[13:32] And personally, on FOMO, it's pretty difficult to be able to see just on like the left-hand side, like what coins good, either socials and like, you know, be able to see the entire process of like

[13:44] a new pair getting made and then it's bonding and then it's migrating and graduating and all of that. So we're going to transition to another software and another platform called Axiom right now

[13:56] where we're able to see literally the birth of all of these coins and then how we can actually be able to build our own thesis on what coins are good and what coins are bad. And then hopefully by the end of this video,

[14:08] we can take a profitable trade. We'll see what happens. We'll see what happens. Okay, so we're going to jump over to Axiom right now. Okay, so this is Axiom. This will hurt literally everybody's brain, including mine.

[14:21] What the fuck are we looking at right now? Yeah, so this is actually a trading terminal. And right now you can see that on the left side of new pairs, there's literally hundreds of coins being deployed in a minute. And it could seem very overwhelming at first.

[14:34] Yeah, I want to buy everyone. Yeah, it's like overspend as hell. But a lot of it is flop and you have to filter out. You're not going to buy 99% of these coins on the left. there's rugs there's just thousands of like the same coin being deployed so it is a lot of slop

[14:49] in the middle we have final stretch these are coins are getting somewhat of volume there is a lot of scams in there as well that you kind of have to filter out as well but these are coins that have some buy have some volume people can put somewhat like and then on the right migrator

[15:01] these are the coins that made it past these two stages these are the coins that hit a certain price that it migrated to like a big coin a big boy coin and yeah these are like the three colors on this trading terminal.

[15:13] It seems very complicated at first, but once you just stare at it and understand it for a good 20 minutes, you kind of get a good understanding of everything. So over here, these are coins that people are making literally every single second.

[15:26] Yeah. And then once they start getting some buys, getting some volume, they transition over to this area here. Yeah. And then as long as they continue to get buys and volume, they will be able to bond

[15:38] and then migrate, right? Yeah. So for me, at least, and honestly, I think for most beginners, this is really the area that we want to be paying attention to. Correct. So I guess now, big time, this is the strategy time.

[15:53] Like, how do you differentiate bullshit to this is a really good narrative, this is a good thesis, this is a good buy, strictly just off of what we have here? because we're going to add in different tools and different things like wallet trackers,

[16:08] tweet trackers, and all of that. But just based off of this, the migrated area right here, how are we even able to tell what's a good coin and what's not? So the number one thing I always tell people is that comparison is the best thing in the world.

[16:23] A lot of people didn't buy Dogecoin the second it came out, but you're able to catch, you know, similar coins and like kind of fit the same narrative. So I think if you're just looking at migrated, the best thing you can do is understand the market, right?

[16:35] What coins did good today? What coins did bad today? And that's kind of how you're going to, you know, grasp like a judgment of what to buy next because you're comparing it to what people like. And that's kind of like how I go about buying coins. It's just buying what people like.

[16:47] And it's literally like kind of just as simple as that. So how do we know what people like? Because let's say I see Bob Dinoff. And I'm like, I don't know what this is, but this has been sitting at $80,000 market cap.

[17:00] it's clear that this is some bullshit right like how do you or i know that this is some hot ass well i think like this is probably some like ass because like the meme itself like i haven't really

[17:12] seen it like on my for you page or i haven't seen really anybody talking about it one thing that like will make a lot of new traders very good is that your for you page you see what's trending on tiktok you see what memes are going viral i'm sure you remember like 2024 there was like

[17:26] chill guy it was like super viral on tiktok that coin went i think over 200 million so like for example bogdan off like i've never really seen that meme i i don't really know what that meme is and i'm religiously online i'm sure a lot of people don't know what that meme is as well so

[17:39] yeah that's how i would kind of just like judge the back point is like really bad but try and find something that's like somewhat decent on here there's not really not much that i can see maybe maybe this but so obviously it's easy to be able to see like oh yeah there was uh this meme

[17:54] that's been training on TikTok, I'm going to buy this. That's one way to be able to identify a solid meme coin. Once they're in a coin, I think now would be a good time to talk about exit strategies because a lot of people, they'll buy and then they see the chart going up. And

[18:09] this is myself included. We'll buy, see the chart going up and you're like, yup, this is going to $100 million market cap. What is your exit strategy to be able to actually make money?

[18:21] Because it's one thing to be able to choose the right coin, to be able to get in, to be able to go up, be unrealized in profit. But how do you actually make money? So there's a saying that you can never go broke taking profit.

[18:34] And you're never going to sell at the perfect top. You're never going to sell at the perfect time. But once you're up enough, like an amount of money that makes you happy, you should probably take it. And that's kind of the best exit strategy you can have. Once it's an amount of money you're happy with, take it.

[18:47] And especially if you're just starting out, you don't want to be one of these people that are marrying their bags and getting caught in these coins that they're just holding forever. You want to build a portfolio. You want to scale. So the best exit strategy and the best way to sell coins is just sell when you're up a good amount of money that you're happy with.

[19:02] You're never going to sell the perfect time. And yeah, that's kind of like the best exit strategy you could probably kind of have in these coins. Some of the best advice that I've gotten from some of our other friends that do crypto is like, you need to fall in love with the sell button.

[19:15] And another great piece of advice, and I've taught myself doing this as well, is like when you're screenshotting your profit in your P&L, screenshot it, then sell. Because if you're screenshotting it, that typically means that that's an amount of money

[19:30] that is making you very happy right now, but it is not secured until you close out the entire position. Yeah, 100%. When you're sizing in to some of these coins, is there a specific way that you would go

[19:43] about actually entering because sure most of these guys are starting with maybe like a thousand dollars but is it smart for them to just blast that entire thousand dollars directly into their

[19:55] very first coin or what would be like a good way for them to actually start like experimenting getting into these coins with i guess less money than just like full-on blasting because they could put a thousand dollars into a coin and then boom it gets rugged and then now they're left with

[20:10] Okay. So I think the best way to go about buying coins is you obviously, in crypto, you want to survive another day. You don't want to lose all your money on day one and not be able to trade on day two, day three, day four. So every time you buy a coin, you have to have the mentality of like, all right, whatever

[20:24] I put into this coin, I'm down to lose 99% of this money. Even though you're not going to lose 99% of the buy, you have to mentally tell yourself that I'm willing to lose all this money if this coin goes wrong. So that is the best strategy to buy coins.

[20:37] There's a certain amount of money that you're willing to lose 99% of it, but the whole goal is to survive. You want to survive another day. You don't want to put all your money in bottomed off and then not be able to trade an Elon tweet that comes out five minutes later. You want to be able to survive for as long as possible.

[20:51] Yeah, and how do you feel about leaving runners? Because you were talking about exit strategies before this. When you get into a coin, whatever, you close for a certain profit, but there's always that what if.

[21:04] It runs to $100 million market cap. billion dollar market cap that a lot of people i think it will cause them to not sell so is there like a good way to be able to trench that as it's going up and like at least leave some to be able

[21:19] to run for that you know potential life-changing amount of money yeah so let's say you sell or you want to sell a coin because you have a good amount of money that you actually really are happy with and you you're selling the coin but you're really bullish on the coin long term and you don't want

[21:32] to fully exit the position it's like a turn in crypto called a moon bag and it's like all right you know what i took my initial buy so like you're kind of like risk free in the trade now i'm just going to leave the profit in the coin and kind of like leave it as a moon bag because this way

[21:44] you're never going to go down money on the trade but you can reach the upside not the full 100% upside but reach the upside of it going higher so that's like another strategy you could do if you still bullish on the coin but you want to sell just to play it safe you just leave like a moon

[21:57] bag okay so not only are there like mean coins that are just like viral on tiktok or whatever like some cat or some dog that looks cute that might be able to get some sort of push.

[22:11] There's sometimes actual software and actual good tech that gets released, and those coins end up doing really well. How are we able to be able to check and see, first of all, the socials on a coin,

[22:25] see if the team is good, see if they're actually doing everything that they're talking about? Because right here we see all of these coins that are getting made, And there's a bunch of these different links that we can go to to show us a whole bunch of different things about the coin, where on Yao Ming coin, that's obviously not going to be much, you know, like this is some bullshit.

[22:48] But let's say we see something. I think there was something over here. Yeah. Like prior to agents like this is still probably some bullshit. But I'm assuming that this is something to do with like some sort of AI agent.

[23:01] And yeah, like, how can we go to their Twitter and be able to check, like, is this a good tech? Is this a good team? Like, how do we differentiate between, like, this is just some random shit or this is actually good?

[23:13] Yeah, so I like to say that it's four different types of new coins. There's, like you said, the dog, the cat, the cute thing. Two would be, like, tweet narratives. Like, these are just, like, a narrative based on, for example, like, an Elon tweet.

[23:25] And then three, like, an actual tech or, like, an actual, you know, product. And then four, like, a celebrity coin. so like for example right now we're looking at a product coin right so like the best thing that you could do when you're like looking at like a product coin is like on the twitter the way that

[23:38] i like to judge these coins it's like you're never really going to know the team or like the people behind the coin but the best thing you could do is mutuals like who is following the twitter or who is following the dev and does this person have some whatever reputation so i guess if you

[23:52] like go to the twitter let's see so yeah like there's really no mutuals there's one crypto dude whatever like i don't know like who that dude is but like this is probably something i wouldn't buy because maybe the product somewhat works but the dev is like kind of like there's

[24:06] not really like a engine mutuals on the coin i don't really know who the dev is so that's like a good way to like grasp like how good a dev project or how good a protocol or just like a product is in general okay so that's how we can differentiate for like product coins and then

[24:21] meme coins or like just yeah kick-tock coins essentially that's pretty easy to be able to tell is like what's trending on just our for you page at that time during that day or maybe that entire week or maybe that entire month now what about a tweet based coin or like you know because

[24:39] they're very frequently we'll have Elon tweet about something or even Trump tweet about something like there was a coin today I think it was SI it's like super intelligence or EI I can't remember

[24:52] what it was. I think it was SI. Yeah, SI. It ran to like $3 million market cap because Trump tweeted and said something along the lines of like, we should change AI to like super intelligence instead of artificial intelligence.

[25:04] So what is a software that we can use to be able to track all of that? All right. So there's a software that I use and a lot of good traders use, and it's called J7 Tracker. It's pretty much a Twitter monitor where you can see tweets instantly.

[25:17] If you're trading meme coins, you're not going to want to actually use Twitter because it's obviously like a delay and like they're not going to see the tweet instantly but j7 tracker it pretty much tracks every single person for you and these people that it tracks for you are mostly

[25:31] involved with crypto or their narratives run in the crypto space so it pretty much just makes everything super easy you just literally go on the website and you're instantly just tracking the best people and see like the best news to help you with your trading yeah so if you guys want to get

[25:44] on j7 tracker literally all you guys are going to do you guys are going to go into google boom you guys are going to go in you guys are going to click on it we're going to click on it and then you guys are going to just sign up through discord and then boom the second that you guys are in

[25:58] it'll just have all of this here for you guys which is super awesome all of this is just going to pull up and then obviously as new tweets come in they're going to start popping up and then you guys can scroll through this super easily so now we understand tweet based coins meme coins cute

[26:16] coins and before we before we go off of that like i guess explain because i've always been confused with these like animal based coins it's like it's pretty difficult to be able to understand

[26:28] what's a good animal coin or what's what's not like is that purely just based off of like you know some community just says yes like we love this yeah i think a lot of the animal coins are very community based for example if you look at kate i think kate's got like 100 million i'm sure

[26:44] 99 of the people don really know what the animal is but there a very strong community people are posting about it It going viral just based on the community And I feel like that how a lot of these animal coins are They're like 99% like community based.

[26:56] Okay, cool. So we understand pretty much every single type of coin that we would want to be looking at, how to differentiate the good from the bad of all of these different types of coins. Now let's get a little bit more advanced and go into the different filters that you would set up.

[27:13] on Acium because right now I have some filters on, but we can turn all of them off and then you can break down the exact filters that you put on, on here. Because if we don't have filters on, there's going to be just a bunch of BS that's going to come flying through

[27:29] literally every second of the day. And then you guys are not going to be able to determine what, what good coins are getting pushed over to migrated. And it's just like, it's a filter for a reason, right? It's going to filter at least some of the bullshit that you can control,

[27:45] and that's going to be super beneficial because if you can block out even 50% of the noise, because there's going to be, yes, sure, a lot of BS that shows up on the migrated tab, but if you can block out 50% of that noise so that you at least have just the other 50% of noise to be able to sit through,

[28:02] it's going to give you a massive edge. So give us all of your custom filters that you use for like new pairs, final stretch, and migrated. So I'm going to go on new pairs. And again, guys, Axiom, it looks super scary.

[28:17] But once you understand like just the simple things that you guys should be looking for, it's actually not as intimidating as it looks. So this right here is going to be the filters button. This is for filtering out all of the new pairs.

[28:30] So we're going to go ahead and click on this. And right here, we see all the protocols. So this on New Hair's, on Solana, what are all these protocols? What is this? Like, explain this to me. So these are all launchpads.

[28:43] Pretty much these are platforms where coins are being launched on. And a lot of these are, like, really kind of slot. I think that the two best performing launchpads right now on Solana are Pump and SongFund. So you could, like, if you are watching this, you know, just, like, unfilter, like, sugar,

[28:58] like moon air, bobbly, like all these like random ones. And then just like kind of only pay attention to like, you know, pump and stop. Right. And then for audit, this is like kind of like the most important part when it comes to the filters. So for audit, I don't use any filters in this

[29:14] section right here. But for metrics, this is a very important like, you know, part for the filters is minimum volume. So for minimum volume, I put $50. And this is like the most important filter

[29:26] for new pairs. And the reason for that is because there are thousands of coins being deployed a minute, right? There's thousands of coins coming out an hour. 99.9% of these coins don't get a single buy. Why don't they get a single buy? Because 99.9% of them are

[29:40] really bad. So you want to be able to see only the coins that people are actually buying in your new pairs. You don't want to see all the coins that are getting deployed that are just flopped. So by having the filter $50 a volume, it literally gets rid of just like

[29:52] 90% of the noise because 99% of the coins aren't getting a single buy. So for final stretch, I kind of really have like this filter on, but this is a good filter as well. Minimum 15K market cap. This kind of filters out all the coins that get buys, but maybe they don't even get that

[30:07] high. Maybe they get a couple buys and just go back down to zero. So for final stretch, 15K is a good price because, you know, coins above 15K, which means a pretty decent amount of people like it and it's getting a pretty decent amount of good volume.

[30:19] And then for migrated, we have liquidity 1K and then minimum market cap 35K. Now, this is good as well because you want to see all the coins that people really like. They're above 35K. People really like these coins.

[30:31] Filters out a lot of the noise again. And then global fees paid. This is super important because a lot of these rug coins that are like being artificially like bought up to convince like trick people into buying, they're not paying fees.

[30:44] So by having the global fees paid 1.5, it filters out 99% of the rub coin. Because there is this thing in crypto called like a rub coin or like a bundle coin. I wonder if I could find one. I could probably find one just like this coin as an example.

[30:57] But let's say you like disable this. And this is a coin that would trick a lot of new traders because it just looks like a coin that's instantly going up. A new trader probably sees this and it's like, oh my God, I could just, you know, buy and I could probably ride the wave going up and they just end up getting rubbed.

[31:11] these coins wait for a real person to buy and it just pulled the entire coin from you so by having the global fees paid 1.5 you literally filter out literally all the scans yeah so like having 1.5 literally just filters out all the scans for you and those are probably the best filters on axiom

[31:27] for triggering ones okay so we have the filters we have our twitter tracker we're seeing new pairs getting made we're seeing the final stretch we're seeing the migrated last but not least we not only

[31:40] are able to follow people on FOMO and be able to give alerts when people are buying all of that. But there are some insanely good traders that maybe aren't necessarily like doxed on FOMO

[31:55] that we want to be able to track their wallets. So this is something that in my personal opinion, and I'm sure you think this as well, is super, super important when you guys are trading meme coins, especially when you guys are brand new to this to one, just be able to see like, okay,

[32:10] cool, again, to solidify your bias of all of the top guys that trade these coins are buying. And maybe if you guys just get on here, you guys could just sit and watch for like maybe 30 minutes or an hour of these people's wallets, see what they're buying. Instead of putting your own money at risk,

[32:26] you can just sit and watch. So what is a wallet tracker? How do we get any of that set up? And like, yeah, just kind of explain wallet trackers for us. So a wallet tracker pretty much is just take another tool where you can see what people are buying and what people are selling by tracking

[32:42] their wallet. So Axiom has a wallet tracker built in. Same thing with Fomo. Fomo's wallet tracker is kind of like the alert. You're seeing what they're buying based on their profile. But on Axiom, you can actually see what people are buying and selling just from their wallet address.

[32:55] Okay, so to be able to add like tracked wallets to your Axiom, you go down here and this right here this is also the nice thing about axiom in general is like they literally have kind of

[33:09] everything that you need to be able to like just kind of all the essentials when it comes to tracking the new pairs final stretch migrated and then also wallet tracker and then once we have all

[33:21] of this then we can go ahead and place the buy on fomo which is great so having two tabs open or honestly three tabs i know it kind of seems super intimidating but once you have the three tabs of

[33:33] like Accio with your wallet tracker, the J7 tracker, and then FOMO to be able to place a buy. That's really all you need. So down here, if you just scroll to the bottom, there's this thing that's called wallet tracker. You guys are going to click on this. I already have some wallets that

[33:48] are added, but how do you even find people's wallets in the first place? There's a very easy way, like on FOMO, where if you guys follow people and we want to just go to the leaderboard and click on this person right here, we can be able to, we can grab his wallet and then boom,

[34:04] just instantly plug it into our Axiom right here by clicking add wallet. We just paste his wallet address in there and then we label it as Point Farm Capital, boom, and then we label it as a

[34:16] FOMO wallet and then it's going to pop up for us. But how do we find actually like the good traders wallets that might be a little bit more of a key because I know there is a way to do it, But these guys, obviously, they need to be able to learn that.

[34:30] So the best way you're going to find, like, the best traders' wallets is, ironically, when they post them. So a lot of these traders, the reason why we have their wallets, if it's not a connector promo, is they posted a P&L on their Twitter.

[34:43] So, like, let's say someone posts, like, they made $100K on this coin. It's just as simple as, like, going to the coin, going to the top trades, and literally just importing their wallet. And if you're trying to find new traders that, you know, are like not posting their wallets, but they're, you know, cooking, a good thing you could do is just like, there's this website called CLO Tracker.

[35:01] Okay, so this is CLO. What are we looking at here? I can just like talk P&Ls from people or what? Yeah, so this website is used to kind of see like traders P&Ls. So when you want to track or try to track a new trader that's doing very good, the best thing you could do is go to a coin and go through the top traders.

[35:18] So let's say, for example, I think a coin that went really high there that we talked about was SI. Boom, we're on SI. It's the coin that we were talking about earlier. And this is kind of how I get down wallets and a lot of good traders get down wallets. So boom, the number one trader on this coin made $52K from $2,000, which is an insane amount of money.

[35:36] So what I would do is I would copy this person's wallet and I would paste it in Cielo. And this person is up $133,000 in the past 30 days. So this is probably someone that's fairly decent.

[35:48] Their average hold time is two minutes. Win rate 36%, which isn't too bad. Today, they're up 53K, which is crazy. 62K, it's past seven days. So this person's obviously pretty decent. So this is someone that's probably worth giving a track

[36:02] because they're really early to this coin and they're probably going to be early to another good coin, right? They seem to have a good eye for meme coins. Obviously, I don't know this person's name or I don't know, you know, who this person is, but you can just track them this way.

[36:15] Obviously, you do not want to copy trade this person, but this is how you can start tracking good traders is by going through these coins and getting down the wallets that are cooking on the top performing coins of the day. So if I want to copy the wallet, I would just go ahead, click this, and then I go over to Axiom.

[36:33] And then over here on my wallet tracker, I would go ahead and click add wallet. I go ahead and paste their wallet address in. This is their Robinhood wallet address because that coin was made on Pond, I believe, which is a Robinhood launchpad.

[36:48] And then I would just label it as, I mean, we don't know this person's name, but we could just call him S.I. Goat. You know, as simple as that. And then we just know, okay, awesome. We know this guy banged on a really good trade today and he's up over $100,000 over the last 30 days.

[37:05] He's made $62,000 over the last seven days. obviously we don't want to copy trade this person but maybe they're going to be early to another coin over the next couple days because they just hit an absolute banger it's worth adding their

[37:17] wallet and then once it's there awesome we can go over here to the trades area so we can see right here actually this was the uh the trade that he took so we can see as i go this is him

[37:29] selling off that coin um and him taking profits to be able to make all of the money that he made earlier today, which is super cool. So again, that's going to be one of the best ways for you

[37:41] guys to be able to track all of these wallets is literally just sift through some of the top coins that you guys saw. And it's okay if you guys missed them, missed the runners, but by you guys tracking all the wallets that banged on all of the runners of that game and the game before that,

[37:56] you guys are going to get pretty much a portfolio of wallets where you're like, yo, I know that I'm pretty much going to be trading with all of the top traders over the past week. And then eventually, as you guys start building up your wallet tracker, and you guys are just like on here religiously,

[38:11] you guys are going to be able to see all of the people that are buying all the best coins at the right time. Now, once we've built that out, and we now understand what to look for the

[38:23] filters, we have pretty much damn near everything set up, I think it's time to be able to get like an actual live in-person demonstration as long as we can get some good shit on chain to see you know

[38:36] what what could actually be happening so we'll just go over to pulse here and what i want you to do is kind of just like vocalize what you are seeing happening on chain and what you would

[38:49] essentially be looking for obviously it's difficult to do because who knows when a really good coin is going to drop but like i i thought a bit this one when it was at a hundred thousand dollar market

[39:01] cap and it just kept going and going and going it's at five hundred thousand dollar market cap right now who knows how far it's going to go but like i guess vocalize what you're seeing happening on chain as prices starting to come through as volume starting to push up and all that so i just

[39:16] seen this coin migrate right here china it is at 90k and let's see what the nerd is uh what if we just made a China pair with Alibaba. Okay, so this is a coin that's just paired with a stock. So I

[39:28] don't really, this isn't a coin I would probably buy. I don't know. This is like kind of like a mid-narrative in my opinion. The only reason I think that is because like a lot of the meme paired stocks are very somewhat oversaturated. It takes a lot for one of them to do really good. So this

[39:41] is kind of just China paired with Alibaba. I don't, I probably wouldn't buy this. Let's see, Skycat just migrated. Um, let's see what this is. This is so funny. Alibaba, Okay, so it seems like right now the trend is Alibaba. I kind of wonder why.

[39:54] So it seems like people are trading Alibaba coins right now. So that's those two coins that just migrated. This coin just migrated as well. Bibber. Let's see. There's no socials link for this. So let's see. Bibber is the gem.

[40:07] You can kind of also on Tumblr you can see people thesis as well All right So someone said this is a Twitter right here okay so this is i guessing a project coin social profile monetization option blah blah so social is based so this is like i guess a product based on social trading this means

[40:23] you sort of hold some models advantage space all right so you could turn your profile up that's actually not that bad of a narrative i can see why people somewhat like this but it seems like it's getting sold off crazy now that was somewhat of a cool narrative pretty much it was just a

[40:37] project where you could monetize your profile on like your FOMO account or your FOMO account which is like pretty cool I see a lot of people with someone like that uh this is another coin that just migrated uh very weird chart so yeah this just kind of seems like another slob coin yeah

[40:51] so like this is kind of like what you're doing like the entire time while you're trenching is you're kind of just seeing these like or at least what I do I'm seeing these new coins that are migrating and I'm kind of just like going through the social seeing if first if my first impression

[41:03] is it to buy like if I like the coin and kind of just like you know just like being very selective and seeing if it's worth putting my money into it. How many trades are you taking per day? So you have like the cups used where like they're gambling very heavy on these new pairs. I wouldn't recommend

[41:18] the normal person do that because if you're not this is like the most competitive side of trading like these new pairs this is where you're fighting against cups used for your fighting against like all the craziest traders. I'm very more selective with what I buy. I kind of like to preserve capital

[41:32] as much as possible. And I think a lot of new traders should be trading that way as well. You should be very picky with what you buy so you don't, you know, just burn money. So I would say I'm probably buying like 10 to 20 tokens a day maybe. That's still a lot.

[41:44] That's still a lot. Yeah. So you're buying 10 to 20 coins per day. So you think, and how frequently do those coins, because I think this is a little bit different than future trading than what I do

[41:58] because for me, I see a good setup. I take it and, you know, I'm either going to win or lose. I feel like with these coins, like, almost 75% of them end up just becoming dust.

[42:11] Yeah. And then maybe that 25% ends up actually becoming something. And then the winners very frequently eat the majority of your losses. Yeah. So how often are out of those 10 to 20 coins that you're buying end up amounting to anything or, like, substantial amounts of money?

[42:28] So a lot of these coins, I'm not really holding for multiple days on end. I'm trying to, you know, maybe make a 50%, maybe make a 2x and then move on to the next trade. So yeah, a lot of these coins end up becoming dust. There's very, very few where I see the long-term potential that could like catalyst could come from, you know, holding it.

[42:44] But yeah, I would say I was pretty much like kind of like quick flipping, trying to be in and out, take profit and move on to the next trade. So when you say take profit, I know we talked about exit strategy earlier, but a lot of these guys, they don't even really necessarily know like what a good amount of money is for them and you were

[43:00] just saying like 50 a 200 gain like when you get in and get into a coin and obviously you want to sell you want to be able to take profit at what point are you like okay like let's start scaling

[43:13] out of this like are you almost always going to be satisfied like because profit is profit you know so like are you almost always satisfied as long as the chart is in your favor or like how does that work because a lot of these people they're going to log on boom put maybe a hundred

[43:27] bucks into the coin then say holy shit i'm up 200 i'm up 200 bucks but what if this goes to 10 million dollar market cap i can make five thousand dollars like how do you stop that sort of thinking to be able to secure profit and like also how do you have at least a uh like common

[43:44] collected mindset to be realistic with these coins like most of the time when i'm trying to trade means, I'm pretty much doing it based off of market cap, like looking at the overall mean and saying like, okay, is this value worth what the actual market cap is at?

[44:01] And I'll usually have like a trade profit point in terms of market cap in my head. How do you determine that? I determine like the market cap it could go to based on kind of like I said, like previous coins. For example, like Hans.

[44:14] Hans was like kind of like a first of its kind. And it's kind of hard to put a market cap on a coin like this. But let's say, for example, a new launchpad comes out that is somewhat like revolutionary and has a hundred things better than Pond's.

[44:27] You could kind of give it a ceiling. So you could say, all right, this new launchpad that just came out, it could probably at least be 50% of Pond's market cap or it could, you know, whatever, like go to the Pond's all time high. So a lot of the times it's just comparing the coin you're in now to a coin that's very similar that did well in the past.

[44:42] But like I said, you're never going to sell the coin at the perfect time. So let's say you're up 20% on a coin and that 20% you're up is you're up 20% on your entire trading portfolio. That's good. Like a win is a win.

[44:54] And I feel like a reason why a lot of people also blow their boards is because they go for Cheryl Mary's and they forget that at the end of the day, you're just trying to win. Even if it's 10 bucks, 100 bucks, 1,000 bucks, 10,000 bucks, a win is a win. You should just focus on winning rather than trying to make a ton of money at first.

[45:08] Okay. So let's give them, even if it's some bullshit, let's try and find one live trading example. It doesn't have to be anything special so that we can see this absolutely like the entire thought process happen in real time.

[45:21] Again, it doesn't have to be the best trade ever. We can even lose money. But to be able to see your thought process go from the migrated check the social, jump over to FOMO, put pay for coin in, and then whatever.

[45:34] I'm down to throw $1,000 at a coin. Okay, perfect. All right. This is kind of good. All right. So the reason I'm buying this is I saw Orangey make a tweet today that he needs to, like, someone needs to make it a thing.

[45:47] Or should I say a chart version? Someone needs to make it a thing where you could pay with FOMO because he wanted to buy McDonald's. And, you know, he wants to buy my whole. Damn. Yo, it's ripping.

[45:59] But, like, someone wanted, he wanted, like, tech to be made that you could buy McDonald's with FOMO pay. And I guess someone made the product. I guess if we go to the Twitter, maybe we can see if the product actually works.

[46:11] Okay, so we can see this is where we got in. So we're up. Stupid. Yeah. Motion. Wait, let's check the Twitter. So let's see. So make your Plumble balance spendable anywhere.

[46:23] We've created Plumble. If I see you go to the same phone number. All right, so this is the thing that's kind of scary. Is that the product isn't even out yet. I need to check out the site. Kind of scary to go here to connect your wall to try the payment.

[46:36] but I think the reason why the narrative like about Keith and McDonald's whatever I think the reason why it's running is just because the idea that it could possibly be a thing now what I would do is like I said I'll try cover initials just because there's no product in hand right so

[46:53] there's not really it's going to be a lot of downtime until the product actually you know exists so should we just sell it 50% so like a narrative like this is a good example of like all right like people were talking about this but we don't have a product in hand so that's

[47:05] going to be a lot of downtime until like something like actually comes out so like i'll just cover initials it's probably gonna get pulled off a lot yeah holy shit what the fuck so all right so we covered initials holy crap this chart really is going crazy right now we put in what how much

[47:20] like a thousand thousand bucks we've covered pretty much like 500 essentially so we're pretty much at rake even right now yeah okay nice so anything is pretty much all right we're out 500 bucks to earn on, I think. Okay, nice.

[47:33] Yeah, so. Hell yeah. So, yeah, this is just, like, an example of, like, people were talking about this. This coin got 200k before we even bought, so we were kind of late to this. Late? At 200k? Yeah, because, like, the coin migrates

[47:45] at 50k market cash, which means, like, people are buying this at 10k, 20k, 30k, 40k, 50k, so 200k is relatively, you know, somewhat, like, we're buying on a pretty decent amount of people, but the coin went all the way to 500k,

[47:58] which is crazy, so, yeah. So that's what I'm not used to. Like, I'm typically getting in coins that are, like, already at 200K or, like, 500K. And then I'm getting sold on.

[48:11] All my buys, like, my buys is getting sold into. So you're saying, like, you're trying to get in these, like, so, I mean, this one, for example, whatever. Yeah. They have black box.

[48:23] I mean, that just jumped from 50K market cap all the way up to 200K. Like how are you fast enough to be able to check the Twitter and be able to do all that? Yeah, I think it's just like literally like studying the market and like, oh, I think the coin actually rose.

[48:36] Holy crap. It's a good thing we covered initials. Yeah, so we covered initials so we actually didn't even lose money on this coin. And that's why I say like even though it's a good narrative, we didn't marry the bag.

[48:48] We covered initials as soon as we were up 2x in profit. And that's how you should be treating your trades. You don't want to marry the trades. But yeah, like you said, like you buy coins like 500k to a million. and you know like you have a lot of money so you could be relatively late and buy a decent amount

[49:01] of size versus like a new trader they have to if they really want to hit like multiple exits on a small amount they have to try to be like somewhere as early as possible so that's kind of like the difference like a new trader would have to take versus like someone like you know you and i yeah

[49:13] so like if we if we go back here like this for example i mean this is like kind of cooking right now like you're most people would have wanted to get in like down here that's difficult

[49:26] and damn, this is jumping out of place right now. I wonder what this is. Yeah, I don't see any socials linked. I mean, we have some wallets buying, but I don't really see why they could be buying this.

[49:39] Another feature that's really dirt is the eyes. So we can see how many people are actually looking at this token right now on IBM. So there's 900 people viewing this, which is a lot. So I wonder why people... So like right now, we don't know what's going on.

[49:51] Why are people... This is going stupid. Yeah, so we're like, why are people buying this? This is the beauty of FOMO. We can just paste the CA and then we can kind of see if anyone said anything. No one even said anything. So we actually don't know why people are buying this.

[50:05] But that's another thing, too, because a lot of people that are watching this probably aren't going to be in the Telegram chat or having a group of traders that they're talking to. So seeing people's thesis on coins is going to kind of keep you in the loop of everything that's happening.

[50:18] That's something that I frequently do. I almost use it as like social media nowadays. Like if we go to a lyrics on FOMO, we'll be able to see like you guys remember this coin just when it popped up

[50:30] Yeah, it's sitting at two million dollar market cap now, which is actually pretty crazy But this guy says a visa final boss went to 50 million dollar market cap. Holy fuck This is going to go way higher. So that's this guy's thesis on it. He's up

[50:44] 146 percent right now, which is pretty crazy on this coin and look orange. You just bought it one minute ago go i wonder who this guy is we should copy this obviously we're a little bit late to it but okay

[50:56] so how long are you trading per day and how much time do you recommend people to spend on just the trenches to be able to get to like a good enough i mean personally i always say like more time is

[51:10] better than less time obviously but like how much time are you spending per day on these charts so i'm spending like over eight hours a day easy and when people like think it's like if you're spending over eight hours a day you have to be actively trading eight hours a day now like i'm

[51:24] chilling on my pc i'm just staring at this i'm listening to music obviously this is a market where the more hours you put in the more you're going to get back because there's a saying that like you can't miss a lucky day if you don't miss a day so the craziest coin in the world could come

[51:38] out and that could be the one day you took off and you just missed a generational opportunity so this is a market where you get rewarded the more time you sit the more time you're patient the more time you're just paying attention. And you have people like, for example,

[51:50] companies that are trading 14 to 16 hours a day. Like you have to somewhat be trading as long as them if you really, really, really, really want to extract as much as you possibly can from this market. Yeah, that's what I always say.

[52:02] It's like if you show up every single day, like you'll get 1% better every single day. But then there's some of those days where you just hit an exponential growth where you get 100% better than the next day.

[52:15] But the only way that you're able to catch those 100% growths or those like exponential moves within your career or just like portfolio or whatever it may be is by showing up every day. Like, yeah, you might show up for seven days straight or fucking even like a month straight.

[52:31] And yeah, you might be making like a hundred bucks, a thousand bucks here and there. But if you just say, oh, this isn't enough, I'm not getting rich quick enough and then just decide to give up, then you might miss like a generational wealth creation.

[52:45] Yeah, exactly. A hundred percent. Okay. So we were able to hit a semi-decent trade. We were able to get in. It was like an overall good narrative, but we ended up getting rugs, but we protected

[52:59] ourselves. So we didn't necessarily lose any money. The coin is actually back up to like a decent point right now. Also, if you guys want to follow me on FOMO, you guys can just look me up. It's at TJR. And when you guys sign up to FOMO, make sure you guys use code TJR and I'll leave a link

[53:13] to literally every single website and software that we use in the description so that you guys can find everything super easily and start trading meme coins today. Love and appreciate you guys. Thank you guys for tuning in. Make sure you guys tap in with all of Incentos' channels.

[53:26] This is Incentos on YouTube, TikTok, Instagram, and he goes live stream with the trenches. And I'm sure we'll do some more videos with him in the future. So love and appreciate you guys. I'll catch you guys in the next one. Peace out.