In the fast-paced world of crypto, especially with meme coins flying high one day and crashing the next, it's easy to get caught up in the hype. But a recent tweet from Mert, the CEO of Helius Labs, cuts through the noise with some straightforward advice that's perfect for anyone dipping their toes into meme token trading.
Mert calls out "CT mfers"—that's Crypto Twitter folks, for the uninitiated—who often doubt the market with lines like "this trade is crowded" or "the coin already went up." His point? Most of the time, you're better off picking a few meme coins with a solid thesis behind them and holding on for the long haul. Forget trying to time every dip and peak; instead, focus on discipline and a extended time horizon.
One key strategy he mentions is DCA, or Dollar-Cost Averaging. This means buying a fixed amount of your chosen meme coin at regular intervals, no matter if the price is up or down. It helps smooth out the volatility that's so common in meme tokens, like those pumped on Solana's pump.fun platform. By spreading out your buys, you reduce the risk of dumping all your cash in at a bad moment.
Mert also nods to the classic wisdom: "time in the market > timing the market." In meme coin land, where projects can explode based on viral trends or community vibes, this rings especially true. Sure, you can allocate 5-20% of your portfolio to high-risk plays for fun—think chasing the next dog-themed token or frog meme—but the bulk should be in bets you truly believe in.
The tweet sparked a bunch of replies, with traders shilling their favorites like $DUSD, a rare Solana token that's burning supply hourly, or $HOPELESS, a community-driven project using fees for real-world charity. One user even joked about CT being full of "$reterd," highlighting the chaotic, meme-fueled nature of the space.
This advice is gold for blockchain practitioners building their knowledge base. Meme coins aren't just jokes; they're experiments in community, tokenomics, and decentralized finance. By holding long-term, you get to see how narratives evolve, like Solana's rise in the meme ecosystem. If you're new, start by researching projects with strong communities and clear roadmaps—avoid FOMO-driven buys.
At Meme Insider, we're all about helping you navigate this wild world. Check out Mert's full tweet here and consider applying his tips to your next meme coin pick. Who knows? That long hold might turn into your biggest win.