In the fast-paced world of crypto, especially on Solana where meme tokens can skyrocket or crash overnight, wisdom from seasoned players is gold. Recently, @sol_nxxn, known as the green knight of Solana, dropped a gem of a thread sharing 10 thoughts from his experiences through bull and bear markets. As a researcher and contributor at Arcium, he's seen it all—from airdrops to rugs and everything in between.
This isn't just generic advice; it's tailored for folks diving into meme coins, where hype meets volatility. Let's break down his points, with some context on how they apply to the meme token scene.
1. Nothing Lasts Forever
Markets shift faster than you can say "pump it." One day your favorite Solana meme is mooning, the next it's fading. @sol_nxxn reminds us that 99% of projects eventually hit zero. For meme traders, this means having solid exit plans. Don't get greedy when things spike—stick to your strategy to avoid getting rekt.
2. Great Opportunities Come Randomly—Click Those Buttons
Airdrops and whitelists are like hidden treasures in the meme world. Even if you don't fully get a project, snag those Discord roles or submit your wallet. Lazy skips could mean missing out on free tokens that turn into big wins. Think of it as farming memes: the more you engage, the better your harvest.
3. Don’t Copy
Originality is key. If you're shilling memes or trading, don't ape blindly— that can lead to massive losses. Take inspo from top traders, but develop your own style. In meme culture, unique content stands out and builds your personal brand.
4. Most People Here Aren’t Your Friends
Crypto Twitter (CT) is full of promoters pushing their bags. In meme communities, it's easy to get swayed by FOMO. Remember, many interactions are transactional. Build genuine ties in tight-knit groups, but stay vigilant to avoid being used as exit liquidity.
5. Most of CT Are Bad Traders and Overly Emotional
When SOL hits highs, everyone's calling for the stars; at lows, it's doom and gloom. Tune out the noise—meme tokens amplify this hysteria. Do your own research (DYOR) and make calls based on fundamentals, not hype.
6. Bear Markets Are Still a Great Time
Down markets clear the fluff, letting you focus. Use this time to build: create meme content, learn about Solana's tech, or start a project. The real gems in the community shine through the quiet, setting you up for the next bull run.
7. Live Your Life
You can't catch every meme pump. A few smart plays beat scattering shots. Step away from the screen to recharge—real-life experiences sharpen your instincts for spotting the next viral token.
8. Don’t Compare Yourself
Those flashy gain posts? Often exaggerated to sell courses or pump bags. If you're consistently profitable in memes, you're winning. Patience pays off; your big wins will come.
9. You Can’t Do It Alone
Community is everything in memes. Join DAOs, NFT groups, or Solana discords for alpha, support, and collabs. The right network opens doors to exclusive drops and insights.
10. There Is No Overnight Success
Consistency and discipline outlast hype. Build habits that help you endure the cycles— that's how meme legends are made.
@sol_nxxn wraps it up by saying if this resonates, his mission's done. And it should, especially for meme insiders grinding on Solana. Check out the full thread here for more context, and remember: in the wild world of meme tokens, these lessons could be your edge. Stay green, knights!