Krutika Adani
Memecoin trading is extremely risky, and therefor,e beginners must approach it only with as much money as they can afford to lose.
Simpler strategies like arbitrage, trading with trends, relying on fewer indicators, etc., help achieve greater success.
A memecoin is more likely to fail than succeed, and hence, using borrowed funds is extremely risky.
A DEX screener helps you sort memecoins based on different criteria like trends, trading volume, new launches, etc.
Arbitrage is a much safer way to make quick money by identifying the difference in price of a memecoin in two markets, say a cex and a dex.