Tracking
How to Track Your Tokens, Spot Trends, and Take Profits Without FOMO
Buying a memecoin is easy. Knowing when to sell — that’s where most degens fail.
In this part, we’ll cover how to:
Track your tokens in real time
Understand charts on Solana
Know when to take profit
Avoid FOMO (and rekt bags)
🧰 Step 1: Track Your Bags
Once you've aped into a few memecoins, you’ll want to monitor them across different tools:
✅ Solscan
Paste your wallet address to see all token balances
Good for checking raw data, token decimals, and transfers
Clean portfolio view of all your tokens and their values
Can auto-detect some degen tokens not listed on CoinGecko
✅ Birdeye
Paste the token address to see:
Real-time chart
Liquidity and volume
Buy/sell history
Holders & dev wallets
Tip: Bookmark the Birdeye links for all your open plays.
📈 Step 2: Understand Basic Chart Patterns
You don’t need to be a pro trader, but here are a few degen-friendly signs:
🚀 Bullish Signs:
Gradual uptrend with consistent volume
Pullbacks with strong recovery
Lots of buys, small sells
💀 Bearish Signs:
Huge spike followed by sharp dump
Dev wallet selling
Decreasing volume, chart goes flat
📉 Dead Chart:
No volume
Liquidity pulled
No more memes on Twitter
💸 Step 3: When Should You Take Profit?
Here’s a simple strategy used by many memecoin traders:
🪙 Rule of 2x:
If your token 2x’s — take out your original investment
Let the rest ride "for free"
💰 Scaling Out:
Sell 10–20% at each milestone (2x, 3x, 5x, etc.)
Use limits or manual sells to avoid panic
🧠 Psychological Tips:
You will never sell the top, and that’s fine
Always sell into strength (green candles, not red ones)
Track your wins/losses. Learn from them.
🤯 Step 4: Avoid FOMO & Get Unbiased
Memecoins move fast. Don’t get emotionally attached.
If you’re up big — take something off the table
If you missed a play — move on
Don’t chase green candles unless you have an entry plan
Pro tip: Your goal is to survive the market, not win every trade.
📦 Extra Tools for Degens
DexScreener
Advanced charting for SOL tokens
Simulates buy/sell safety
Checks token code for traps
TokenSniffer (Solana)
Contract audit reports
Watch specific wallet trades (like dev or snipers)
You’re now tracking your bags like a pro and know when to exit without emotion.
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