Golden Dog

Selecting Shitcoins on the Blockchain
How to find shitcoins, what tools to use, how to trade, and how to avoid pitfalls. I have also explored this little by little, so I have some experience, so I整理了一下常用的工具和方法，尽量用大白话分享给大家，希望能帮到刚入门的新人。
🛠️ How to pick shitcoins without getting wrecked?
Many people say to look for recommendations on Twitter, but for beginners, it's easy to fall into traps—just focusing on KOLs' calls. I did the same at first, and the result was often that I jumped in and became someone else's "liquidity" (to put it bluntly, a bag holder). Because by the time you jump in, the KOL and their fans have already bought in, and you become part of the last batch of buyers.
If you don't know where the next wave of buyers is, you might end up being the last one holding the bag.
So, the key to finding shitcoins is not chasing the highs, but looking for those that haven't taken off yet, or are just starting to gain traction. I usually use two tools: Ave and dexscreener.
Ave: Generally used for screening intraday trades.
I first use its "Smart Money 1 Day" list to filter out the coins that are hot 💵 on that day, then focus on the top 20.
If you're doing short trades, pay particular attention to those coins that appear on this list within 2 hours of issuance 🪙. If an old 🪙 suddenly spikes 📈 onto the list, I recommend not touching it—these are usually "PVP situations" that are easy to get wrecked.
dexscreener: I use this to find coins that might hold longer.
Look at the "Daily Trending"; if the same 🪙 appears in the top 5 for two consecutive days and the price is still going up, then it might be a "big shitcoin" (like Pandora or Troll, which have all dominated the charts this way).
At the beginning, just using these two tools is enough.
⚠️ Reminder:
This article is just a sharing of experiences and does not constitute any investment advice.