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  • Solana Memecoins 101
  • Getting Started
    • Beginner Guides
    • Setting Up Your Wallet
    • Choosing a Trading Platform
    • Scanners & Trackers
    • Trading Groups
  • Trading Psychology
    • Common Mistakes
    • Building the Right Mindset
    • Handling Losses Properly
    • Handling Wins Properly
  • Trading Memecoins
    • Types of Traders
    • Finding Narratives Early
    • How to Find Good Narratives
    • Taking an Entry
    • The Art of Taking Profits
    • Knowing When to Cut
  • Wrapping It All Up
  • The Edge
    • Advanced Playbooks
    • Port Building
    • Coin Fundamentals
    • Wallet Hunting & Tracking
  • Twitter Tracking
  • More Coming Soon...
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  1. Trading Memecoins

The Art of Taking Profits

Knowing when to sell is just as important as knowing when to buy.

Most people either sell too early and miss the big run, or they hold too long and watch profits vanish. Both mistakes come from the same place: emotion.

Here’s a simple framework to sell smarter:

  • Scale Out: Don’t aim to sell everything at once. Sell small amounts into strength as price moves up.

  • Set Targets: Before you buy, know your first sell level. Locking in early wins reduces pressure later.

  • Don’t Marry Bags: You owe no loyalty to a coin. Always be willing to trim if momentum slows or narratives shift.

  • Ride Strength, Not Hope: If a coin is still showing volume, growth, and community strength — you can hold longer. If all three fade, don’t wait around.

Tip: You’ll never sell the exact top. That’s fine. The goal isn’t perfection — it's walking away green.

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Last updated 1 month ago