Trading Fundamentals Part 37: Take Profit Strategy for Meme Coins

Last week, I shared my take profit strategy for Bitcoin, altcoins and big caps. It had small first targets, a stop at break even, and a runner in strong trends. Forget most of that for meme coins. This is a completely different ballgame. With memes, I’m not trading a 5% move on 10x leverage. I’m buying spot in a coin I think can do multiples. The upside is measured in 3x, 5x or 50x. The downside is often close to zero. That changes how you take profit. This is Part 37 of our trading fundamentals series.