How to stop losing money on meme coins: 1. Buy proven coins, avoid brand new ones Don't jump into newly launched coins. They get rug pulled super easily. Look for coins that already pumped, pulled back, and settled between $100k and $2M market cap. You might get lower gains, but you won't get rugged right away. 2. Never buy the top, buy the dip Don't buy when it's pumping. Wait for a 30% to 50% drop from the top, or check if the RSI indicator shows it is oversold. Buying on dips keeps you safe. 3. Use limit orders, don't stare at charts all day You don't need to watch the chart 24/7. Use tools like GMGN to set limit buy orders (like automatically buying when market cap hits $2M). It saves time and stops emotional trading. 4. Take profits and set stop-losses, don't ride gains to zero Set a stop-loss as soon as you enter to lock in your max loss. As it goes up, sell in small chunks (like selling 10% at $5M market cap, another 10% at $10M). Lock in profit so you don't round-trip your gains. 5. Know your risk before you buy Before putting money in (say 0.1 ETH), figure out the worst-case loss. Set your exit and profit goals, and only trade if you are 100% okay with that risk.(memewizd)