What I Learned from Solana On-Chain PVP

Background

Trump couple released their MEME coins:

I am lucky to catch the news in the first 30 mins.

But I do not get much profit, even for now, I nearly lose about 500 USD with $MELANI;

I will put my txns here for reference.

$TRUMP Trading

$MELANI Trading

Lessons

1. Prepare Enough On-Chain Solana

2. Do NOT buy high and NOT buy late: after 2hrs of the launch, and already hit all-time high, it’s too late

3. Do NOT trade frequently, it will ALWAYS LOSE because of the slippage

4. Last and most important: DO NOT WASTE TIME on Watching the Price, buy with play money, and forget it