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Kechu_xoxo
@josephat
DEGEN MODE ON @dackieswap.eth ⚖️ 1/10 | Degen trading is an high risk to reward trading that involves buying #memecoins and low caps for quick profits and pumps 📉 Degen trading is for degenerates👥; persons with high tolerance for risks and losses📈
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Kechu_xoxo
@josephat
2/10 | Degen trading requires traders to make quick decisions 💨(buy and sell orders) and scan🖨️ and access various #memecoins; #DackieSwap Degen mode feature offers traders the necessary tools🧑🔧 for this, allowing traders access to high risk and reward plays📈📉
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Kechu_xoxo
@josephat
3/10 | Setting up Degen mode⚙️ Here's how you can set up Degen mode feature on http://DackieSwap.xyz ⬇️ 📍Connect wallet and click the settings Icon ⚙️ 📍Turn on "Degen mode"🔛 📍Type the name or paste the CA of #memecoins you want to trade ⚖️ 📍Select quantity and swap📈
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Kechu_xoxo
@josephat
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Kechu_xoxo
@josephat
5/10 | RISKS There are numerous risks of degen trading, some of which are; 📍High volatility; the high level of price instability can cause extreme losses 📍High slippage; high slippage in order to execute orders can reduce profits 📍Scam coins and rug pulls 📍Trauma and stress
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Kechu_xoxo
@josephat
6/10 | BENEFITS Asides the risks involved, degen trading has numerous benefits; 📍High rewards; small capitals can give massive gains 📍Early exposure to good projects 📍Faster trade execution time
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Kechu_xoxo
@josephat
7/10 | Important Tips/Notes 📍Use money that you can afford to lose 📍Don't invest your entire portfolio 📍Avoid revenge trading, FOMO and chasing pumps 📍Research tokens and trends before buying 📍Set your stop loss and take profits 📍Stick to your plan, stay disciplined
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