# Do Not Waste Your Money On Memecoins

I don't want to write more about cryptos. But since people around
me (including my uncle lol) frequently asked me about it recently,
I'm going to write about this topic.

Disclaimer: THIS IS NOT A FINANCIAL ADVICE. DO YOUR OWN RESEARCH.



## 1. DO NOT WASTE YOUR MONEY ON MEMECOINS.

Financially, allocating <10% for memecoins is not a bad decision (
think of Barbell strategy by Nassim Taleb). But it will hurt your
mind. Most memecoiners are unimaginably degenerate so you would no
t want to see them.

If you are considering to allocate a big portion of your networth
into memecoins, please consider suicide. I mean, not literally.



## 2. Watch this video

http://inv.zzls.i2p/watch?v=AqeCzu4ETbQ

I think this would be a good introductory video. He is the best cr
ypto youtuber in my opinion. So just put some money and make passi
ve income. Then you don't have to open up a graphical web browser
like firefox frequently. I think once a week is enough.

Also, (APY) = exp(APR)-1.

Ex) Suppose (APR) = 100% = 1. Then (APY) = exp(1)-1 ~ 1.72 = 172%.



## 3. Some more recommendations

Install Keplr wallet and stake TIA & DYM. Those are modular blockc
hains so that you will get an airdrop whenever a rollapp that uses
those blockchains airdrops a new token. And it's a passive experie
nce so you don't have to open up firefox frequently. Just claim wh
enever one of those does an airdrop.

BEWARE OF SCAMS AND CHECK THE LINK FROM THE OFFICIAL X ACCOUNTS.
I mean natter.i2p/$user. It still works unlike other Nitter instan
ces.

I've heard that restaking on Eigenlayer is good, but I don't have
any experience thus I can't say anything. But it would be the larg
est airdrop of this year.



## 4. Software freedom

People often recommend Metamask. That's open source but not free s
oftware. Use a free EVM wallet instead. There are lots of them.
For Cosmos ecosystem (like TIA & DYM), Keplr wallet uses MIT licen
se. For Solana, Phantom uses MIT license.

Technically, smart contracts are free software. But it's still JS
afterall. Like a Pinephone is still a smartphone.

Avoid closed source shits like Kujira.



## 5. If you REALLY HAVE TO buy memecoins

OK, so this is what "sucessful memecoin traders" do. I don't recom
mend it at all and I hate it (it's disgusting) but you might want
to know.


1. The price goes up when people buy and goes down when people sel
l.

2. There are some "memecoin influencers (lol)" out there. Like Elo
n Musk for DOGE. Follow them.

3. When they recommend something, buy first and research later. By
not doing research, you are one tempo faster than most people.

4. When people start to buy, the price goes up.

5. Sell when most people who would buy the token have bought.

6. Rinse & Repeat.


I haven't done this myself so it might not be complete information
. But I think you can easily fill the gaps.



## 6. Occasionally launder your money with Monero

Do not pay tax and donate to people whom you support instead. Givi
ng your money to the system is unethical. But I bet that donating
your money would be one of the best decisions in your life.

Also note that you can buy VISA prepaid cards with Monero.



## 7. Start to stack gold

At the end, fiat & cryptos are FAKE GOVERNMENT MONEY & FAKE INTERN
ET MONEY. Stack real money. Buying land and farm on it is great to
o.