Microcaps 101

Hi guys, If you're new to microcaps, this is going to be a helpful resource for you to get started. 

Most Microcaps are happening on the SOL chain right now so this thread will mostly cover SOL Micros

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Tools:
https://dexscreener.com/
https://birdeye.so/
https://photon-sol.tinyastro.io/en/discover
https://t.me/solana_unibot

What should I look for in a Microcap?

Volume, volume, volume

Holder count is also critical. If a token has a large distribution in the top 10 holders, its wise to stay out until devs/insidoors are done dumping

If it feels urgent, its not! PAUSE. Stop. Take a deep breath and watch the chart

Almost every new token retraces with a violent 80% swipe, then a 60%, then a 40%

If you feel like you're late to something, just relax and know the next one is right around the corner.

Learn when easy mode is on and when its not

WIF, GME, USEDCAR, WYNN were all examples of products of easy mode

Right now capital is dried up and memes are crusty. Easy mode is currently off, which means that now is the time to be doing research and castmaxxing

Man I’m so lost in here. No idea what I’m doing