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Turned $2k to $10m. Be a spider and know when you catch crypto gold on your web.

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SpiderCrypto Trading Journal

I'm bullish on this memecoin called $loong. It's the year of the dragon next year and idk why the memecoin people have chosen this as their dragon coin but I'll take stab at it. Current mcap is ~2m

📩 /channel/loong2024
🐥 https://x.com/officialloong
🌐 https://loong2024.com/
📈 https://dexscreener.com/ethereum/0x61fc714059ed8b42f4c3e6953fae3a70e6750b04

Think I wanna ride it to 10m into the new year.

EDIT: Also looking at $tyrant.

https://dexscreener.com/ethereum/0x3af73bb96b335fc0fd2c4cf39ce95f3ff8c8de66

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SpiderCrypto Trading Journal

With $bonk as the leader, memecoins are probably going to start to get a lot of activity again. Just saw some coins like $loong (year of the dragon) popping up doing a couple X's last night. Likely we shift metas to memes now w/ bitcoin backed plays having some sideways movement.

The market loves to pick beta plays alongside leaders and $bonk is a memecoin that still has more upside ($1b was original target and honestly I'll be taking profits soon).

$myro i'm looking at on sol. $toshi for base. $grok i'm obviously mega bull on still.

Explaining the meta analogy
Think like you are playing a video game and certain characters are stronger than others during different weeks. This is called a meta shift. I'll use Valorant and League of Legends as an example. For a couple weeks, certain characters become s-tier and dominate the pick/ban cycle. You'll have Jax or Jett be OP for 2-3 weeks and then it rotates to a new champion like Omen (valorant) or Renekton top.

I've used this to help me understand how to rotate and it's not like the other character is irrelevant, there is just a higher chance you win for picking the OP / s-tier champion.

Your goal is to just bet in the odds that have the highest success instead of being that dude who plays only one character and stays stuck because they are a maximalist.

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SpiderCrypto Trading Journal

Good post for beginners. Will make more beginner content.

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SpiderCrypto Trading Journal

Don’t give up your gains. Some euphoria across the TL made me realize I wanted to start selling a bit today. I’m also just going to be MIA in Miami for art Basel and don’t want to check my phone and live in the present.

Will still be giving thoughts of the market to read sentiment but I’m seeing a local top here.

If I’m gonna keep playing the market, I’m betting less size for a bit.

Imagine playing blackjack and you were betting 100$ a hand but now just sizing down to 20$ a hand. Still got some gains to be made but we chilling a bit.

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SpiderCrypto Trading Journal

$bigtime and $shrap probably gonna keep going in unison.

We call these low float tokens. They have a lot of fdv but low circulating marketcap and until the cycle is over. They run until their circulating caps until like 300-400m

$Bigtime is on a similar bottom to where $ordi was yesterday.

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SpiderCrypto Trading Journal

$oib and $ordibot I decided to buy both. Just gonna ride the $ordi hype train.

https://dexscreener.com/ethereum/0x1e4b7128871ac1317b02f31fbd0c54adbb5491a1

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SpiderCrypto Trading Journal

Original share was 0.5-07$. Let’s go spiders

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SpiderCrypto Trading Journal

His name is unipcs. Who’s apeing 100k into the top??

https://etherscan.io/address/0x1ecF823c05f97c390d86defF57c03Ade4575C380

Gec to 5$

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SpiderCrypto Trading Journal

$insp seed was 0.012 with 10% on tge. A little too high for me to play so I’ll sit out. You can probably catch a 2x if you time the bottom right now not worth the risk/reward for me here. Will move on influencer tweets.

If I were playing anything under 150m fdv is where I’d buy.

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SpiderCrypto Trading Journal

Respond to leaders. $ordi coming down so $mubi and others will take a similar hit.

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SpiderCrypto Trading Journal

$mubi can keep going to 200-300m. Pre exchange listings is at 80m is some $grok type move but then it also fundamentally a strong project with launchpad + partnerships (bssb)

I think $mubi will be a eco of bitcoin beta plays on eth for awhile but don't forget to go towards the source and get some BRC20 plays. Stuff like $ghsy and $trac

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SpiderCrypto Trading Journal

$mubi hitting 100m.

Love when predictions hit.

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SpiderCrypto Trading Journal

https://x.com/inspectxyz/status/1732109789658857898?s=46&t=nMFstpolIZRQBJuZeDx4AA

Hyped onchain launch coming. Probably gets botted. Will watch to buy if fdv doesn’t make sense to product and if consolidates at a good point.

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SpiderCrypto Trading Journal

Mad lads to 300 sol pls

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SpiderCrypto Trading Journal

Tip for new traders.

I highly suggest paper trading journals to watch your performance on your trade ideas. Be unfiltered and pretend you have $1m dollars and see what projects you would throw your money in and your performance. It’s important to come into trades with a fresh mindset. Revisit trades every other day with 3 povs: past, present, fud.

This journal has been a blessing for me and I also love going back and revisiting all my old trades. The parts where I am euphoric and the parts where I am depressed.

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SpiderCrypto Trading Journal

I think a soft long on $sol (2-3x long) with good size is worth paying the funding. It's a momentus day that an SPL (Solana network token) was listed on Binance and Coinbase on launch. $JTO, i'm still developing a thesis around and haven't paid much attention to know if it will be a buy. Personally selling my airdrop on launch and will reassess.

https://twitter.com/CoinbaseAssets/status/1732490637029605684

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SpiderCrypto Trading Journal

Didn't hit on $pepe but $bonk hitting so hard.

Gfg homies.

$Bonk the solana memecoin making me more bullish on solana activity.

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SpiderCrypto Trading Journal

Btw $ordi isn’t dead. It’s just gonna bait people. This shit is nuts.

Still bullish on ordi eco plays

Just derisking longs on other plays like avax and beam etc. gonna chill and watch.

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SpiderCrypto Trading Journal

Taking my attention to $avax again for longs. So many good gaming projects on there and $beam as well.

Going to be deep diving into beam / avax gamefi plays.

Also think $imx is a good long term spot position.

ATM plan is:
- wait for sol dip to long, unsure targets
- Play strength of $beam and $avax
- take a long on imx here

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SpiderCrypto Trading Journal

It may seem scary buying tops. I believe in $mubi a lot. Especially since I know exchanges are interested in them. Sometimes catalysts like this run the narrative and make it safe to buy the top. $ordi also showing continued insane strength. $mubi will be the best beta play and until exchange listings, it will have parabolic potential.

Also for $insp, looks like my entry point of 150m was front run and it got bidded around 180m. Probably safu for a bit of a ride. I’d ladder out profits here with top fdv being 340/400m.

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SpiderCrypto Trading Journal

$ordi about to use all shorts on it and squeeze them to oblivion until $2b marketcap and all shorters are seething.

Best spot hold of 2023 dear god.

Imo mubi and bssb will continue to move up then and be better beta plays than holding ordi.

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SpiderCrypto Trading Journal

It was written since 2021

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SpiderCrypto Trading Journal

$ordi back up so $mubi / bssb shredding. Damn son. Wish I was playing the market. Those dips were legendary free money.

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SpiderCrypto Trading Journal

Really want to long $sol and some other l1s / l2s like $avax.

https://app.intentx.io/?referral=spider

Can use this to leverage trade on low size for some of these.

I think $sol runs to 70$ soon. Will wait for dip to long else gonna chill.

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SpiderCrypto Trading Journal

https://dexscreener.com/base/0xbfc74e1de81e81b0a807469502f6662cc238795e

I've been accumulating $toshi and think this has 200-300m potential. Chances of this getting listed on coinbase are astronomical. Also this is the uncle of base bridging alongside of $bald.

$toshi I can see it running similar to bonk long term.


I feel like this is a safer play long term. Don't need to feel pressure to buy immediately, just accumulate.

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SpiderCrypto Trading Journal

Fuck this ordinals fud btw X_X

https://twitter.com/LukeDashjr/status/1732204937466032285?s=20

All we care about is if ticker $ordi is mooning, and has high val, then all the $ordi projects move with it.

People don't want to hold just spot bitcoin. They want to take their bitcoin and park it in an asset and make potentialm money off of it. This is why sol nfts and eth nfts work. This is why $ordi will continue to work too.

There is a world where defi on bitcoin will pick up again too because of this all.

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SpiderCrypto Trading Journal

Alright for launches like this here are ways to play it as a new investor in the space:

My understanding of $INSP
$insp is a legacy product that people used back in the nft market to track sentiment analysis around trending nft launches. Their product probably would have more PMF if they moved that to memecoins and other sentiment analysis around which tickers were trending. Still don't know why a product like this needs a token. I skipped the KOL round after being one of the first kols they reached out but now their cap table is stacked with people like Alex Becker, EllioTrades, and more who move markets in this current meta so it might do well (probably 100-200m FDV)

How to play:

Discover what your target FDV is. My FDV target is 100-300m based off product market fit (PMF) and the influencers backing it. I expect Ellio and Alex Becker to be the strongest KOLS moving this project. I'd probably gauge how Alex Becker and Ellio products have been doing as of recent and see if they are still meta enough to move the product.

Next you want to figure out how much allocation influencers or presalers got on launch. If they got 25% on launch, were able to invest 50k or more, and presale was at 30m FDV, well good luck, they are gonna get their cost basis out at a 100-150m FDV. So expect that sell pressure. Gauge volume for first couple hours and use that volume (If volume is 20m+ 50k sell pressure will be nothing) as a indicator to if you can hold a bit longer or not. Dexscreener.com also does a good job of showing how much volume is BUY pressure or SELL pressure. If buy pressure is stronger by 5%, thats good, means its bullish.

From defining your FDV range. Pay attention to the launch and DO NOT try to buy immediately on launch. Bots will win. Bots will beat the launch and snipers will nuke the charts. When the snipers nuke, that's when you get in. Finding the bottom is important by tracking wallest of these snipers and or if the FDV is way below your target range. Sometimes, the launch goes way better than expected (KOLS included) and it pumps to ad inifitum and then I sit out as it doesn't fit my thesis. Biggest rookie mistake is feeling the need to play but thats you just being a shitty gambler who has no self control. Good gamblers know when to sit out and fold (this is why Poker players are superior traders).

When to sell:

Depends on a lot of things but I generally sell depending on engagement tracked on X (Twitter) or if my FDV targets are hit. Sometimes I sell for stupider reasons like some wallet just holding way too much of the supply or because I can't pay attention to chart so its a short term trade because I'm going out that night. I'll be real, I'm gonna be partying in Art Basel so I won't be playing anything long term and am just here to make a couple thousand dollars to pay for a table at art basel.

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SpiderCrypto Trading Journal

Perps traders are dominating the volume market rn.

Longing $bonk and $pepe is all the memecoin timeline wants right now.

Both deserve to be in the $1b range.

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SpiderCrypto Trading Journal

/channel/+N7OlasRLQh8xNGEx

100 people shill and chill chat

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SpiderCrypto Trading Journal

Bigtime almost 200m circulating. Gratz to who got in.

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