Some time ago, I made two spot trades in Meme coins. The results were quite decent. Of course, I didn't catch the lowest point nor the highest point, which is very normal.

When the market is rising, greed kicks in—I hope it can reach a market cap of ten million dollars or even a hundred million dollars. Who wouldn't want their holdings to multiply by thousands or tens of thousands? The ideal scenario is to start evangelizing only after the price has risen enough. Once the market reaches a consensus and influence expands, then it’s stable. But reality often hits hard. Waiting and waiting, after several pullbacks, I realize it’s not going up in the short term, so I decide to sell for profit. This way, I miss out on potential big gains later and end up selling at a high point.

The moment of buying is even more like gambling. Just look up some information, rely on a bit of luck, and get in. Some coins surge dozens of points within minutes after purchase, and before you can react, they crash down—your principal is cut in half. Even more heartbreaking are those manipulators who, after you buy in, drain the liquidity pool directly. The account shows a profit, but you can’t sell at all because liquidity is exhausted. Your principal becomes worthless. Such pool-draining operations are definitely considered front-running or scam behavior.

The Meme coin sector is exactly like this—it tests your vision and execution, as well as your luck. Skill and luck are both indispensable.