V. Mindset & Iteration
Last updated
Last updated
In the Memecoins, technical, strategic, and data aspects are all important, but what keeps you at the table is your mental resilience and ability to iterate. Entering this unpredictable world requires not just handling price swings, copy strategies, and security measures but also managing your emotions, mindset, and continuous optimization capabilities.
The harsh reality of the Memecoins is that countless tokens go to zero, while only a few become legendary 100x GEMs. Facing the likelihood of constant liquidation or small losses can easily skew your emotions. Greed and fear are rampant here, leading to emotional trading—chasing pumps, panic selling, refusing to take profits, and ignoring stop-losses. Using AI Agents can help prevent emotional trading by automatically executing take-profit and stop-loss rules without you needing to monitor the market constantly.
Copy trading isn’t a set-and-forget deal. There’s no such thing as setting up an Agent and earning money every day effortlessly. After creating an Agent, you need to:
Regularly review your Agents to analyze their profitability:
If an Agent’s transactions fail to execute on chain, try increasing the priority fee or Jito tips.
If an Agent’s transactions are reverted during price pumps, try increasing the slippage settings.
If an Agent’s transactions are too diluted—making profits too small—try increasing your investment amount.
If an Agent’s win rate drops significantly or starts to lose, try adjusting the stop loss settings or buy amount.
Through continuous strategy iteration and switching copy addresses, you can gradually improve your Agents’ returns and enhance utilization.
The Memecoins and their related tools are evolving rapidly. As the Solana ecosystem flourishes and Meme trading volumes increase, trading tools are constantly upgrading. Tools like EasyCoin’s AI Agents are continuously being developed and released. Keeping up with new tools, strategy generators, and smart money signals allows you to quickly adapt and upgrade your strategies as the market dynamics change.