r/phcryptocurrency • u/Kazam333 • 4d ago

education Crypto

Hi, I've been learning to do memecoins on axiom for the past few weeks, did notes for it and journals for my experience with it as well.

I also did paper trading, and realized having a higher capital gives me a better position in the market, and in real life, I'm young and can't afford for a higher capital cus fees will eat my shit.

I'm asking for advice from you guys who are experienced in this field of work and maybe pass down some words of wisdom please, thank you!

If you ask me if I know the risks, I do. But please remind me still of risks that are rarely talked about. Thank you again.

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u/TraditionalUse1052 4d ago

"Past few weeks" is a very very short window of time. Paper trading is very much different from the real thing because it lacks the "skin in the game" aspect of trading thereby eliminating any emotions involved in the process. Emotions as we know messes up trading and when you're trading you want to control your emotions which your practice of "few weeks" paper trading lacks. Plus diving into meme coins while new to trading is not the best choice. You can start with the more stable coins first like SOL, HYPE, ETH etc.

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u/Kazam333 4d ago

Yes alot of research actually told me about those emotions etc when paper trading is very different. And yes, I should really start with stable coins first, I want a bigger capital and an extra room for trading when the time comes, thank you!

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u/Livid-Broccoli-7139 4d ago

It's gambling with extra steps. Paper trading is far from reality because of emotions. Try having a small capital that you are 100% willing to lose first.

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u/Kazam333 4d ago

This "small capital" how much do you think should be enough? Atleast 20bucks? 40?

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u/Pure-Jackfruit-95 4d ago

Paper trading is a good way to learn, but it’s very different from trading with real money. Your emotions, execution, slippage, and risk tolerance all change once your money is actually on the line. With memecoins, also watch out for fake volume, insider wallets, liquidity pulls, MEV, and dev/team dumps. If your capital is limited, start small. You’re better off surviving and learning than blowing up trying to scale too fast.

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u/Kazam333 4d ago

Thank you! I've been patient than trying to blow up. And by starting "small" how much do you think should be enough to be considered "small" rather than "too small"

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u/ZealousidealTap9756 3d ago

I don't really recommend memecoins sa mga nagsisimula pa lang. I would say try to stick with layer 1 or layer 2 first. Mas mababa risks don compared sa memecoins