From $16K to $20M: The Wild Memecoin Ride of Unipcs

AMA: i turned $16k to $20,000,000+ on a single memecoin trade (and more crazy trades)'
my AMA with r/CryptoCurrency, the largest crypto Reddit community with 9.9 million members, has concluded
i got over 600 comments, which makes my AMA one of the most active they've ever done
i will be publishing the AMA questions and answers in this thread over the next 24 hours
Question 1:
https://reddit.com/r/CryptoCurrency/comments/1mh9ct2/comment/n6usrb6/
1. Hey Unipcs, I’m blown away by your $16k to $20M $BONK trade! What was the one moment where you felt the most nervous, and how did you push through it?
2. Your USELESS coin and FARTCOIN trades are wild! How do you decide when to hold or sell, especially with all that volatility?
3. I’m new to memecoin trading—any quick tips on managing risk when using leverage like you did with $BONK?
4. What’s the craziest lesson you’ve learned about trading psychology from your high-stakes trades? With all these epic wins, are you eyeing any new memecoins right now that you think could be the next big thing?
5. Explain your leverage strategy?
Thanks you for creating this medium for us to ask questions.
Answer:
1. tbh i haven't had a moment where i've felt very nervous with my $BONK trade for a few reasons:
i) this is not my first cycle, so i'm very familiar with the memecoin game and understand the volatility that tends to come with it
ii) i've long trained myself to regard every single cent i invest into memecoins as disposable capital
iii) my conviction on BONK is based on a strong analysis of its fundamentals, so i've never doubted its long-term trajectory
2. i understand that it might be difficult for most people to hold through volatility, but i have the experience of having traded across multiple cycles in my favor
e.g. last cycle i got in early on SHIB, invested 4 figures, watched it do thousands of percentages, held in hopes of more gains without having a strong thesis or conviction, and then saw it crash 90% all of a sudden. i eventually sold for about 2x of my initial investment IIRC. if i had held for just a few more months, my SHIB bags would have been worth over $10 million. i've seen this story play out with a lot of memecoins across cycles, not just SHIB, so i'm kind of used to it
USELESS has been through insane volatility, with someone here on Reddit even asking why it was dumping after my AMA started... but that is the memecoin game. they pump aggressively and pull back aggressively, but if you have a strong thesis and the fundamentals are in favor of it playing out, you should simply ignore the short-term price movements until your thesis plays out
i've said my target for USELESS is multi-billions, so any form of short-term volatility until that plays out is noise as far as i'm concerned
3. my best advice is to not use leverage if you're new to memecoin trading
99% of people lose money trading memecoins on leverage
success stories like mine might look glamorous on the outside, but for every case like mine, there are thousands of people who have lost a lot of money trading leverage... only to watch as the project they were leverage trading skyrockets after they get liquidated
like i said earlier, i'm not new to this game so i have a lot of experience... and even at that, i still get rekt by leverage sometimes
4. the craziest lesson i've learned is to not let emotions cloud my decisions
i already explained my mistake with SHIB and how i lost out on potentially $10 million+ from a 4-figure trade. i've had many other instances like that, including this cycle... and i've regretted most. i've simply learned to form a thesis and stick to it unless it gets invalidated, and to ignore any noise, FUD, or short-term volatility until my thesis plays out
5. there is no 'leverage strategy'
i simply use relatively low leverage on memecoins or altcoins i think have bottomed
more often than not, i hit it big on a trade. for 99.9% of people, i strongly advise against leverage
https://x.com/theunipcs/status/1952677100437004434
Question 2:
https://reddit.com/r/CryptoCurrency/comments/1mh9ct2/comment/n74gjih/
Thoughts on the clearly coordinated kol fud campaign against bonk eco, and specifically useless?
It’s so obvious they are all in on a pre planned effort in an attempt to destroy anything bonk related. They all started glazing each others posts, and posting the same thing at the same time, and they try to act like they are holier than thou.
I only see this hurting the smaller accounts, trying to build up a portfolio, because all these kols try and do is destroy everything that is not their bag, and their followers are too dumb to understand what’s happening and pile on.
It’s becoming increasingly more difficult to want to participate in memecoins as a whole, because the same scammers are always the loudest.
Answer:
sadly that is the nature of the game with crypto and especially memecoins
my recommendation is to simply ignore the FUD
BonkFun and USELESS coin had a similar level of FUD in late May and early July, and shortly after BonkFun aggressively flipped Pumpfun to become the industry's top launchpad for a whole month while USELESS rallied 100x from its lows
if you have high conviction in a token or ecosystem that is being fudded aggressively, you should either buy the FUD or tune out the noise. do not panic sell or make emotional decisions as a result!
Question 3:
https://reddit.com/r/CryptoCurrency/comments/1mh9ct2/comment/n6uip31/
Why are you not selling since you are up so much? Is there a liquidity problem?
Answer:
i'm not selling because my thesis has not fully played out
many might see my portfolio now and say, 'but you're up 8 figures!!!'
in reality, i've had an army of people telling me to sell since i was up low 6 figures, and they clowned on me every time i told them my trade thesis has not fully played out
i will sell when my thesis fully plays out.
Despite FUD, weak jobs data, and short-term liquidity dips, August’s seasonal slowdown isn’t a bearish cycle. With rate cuts, QT pause, and SLR easing possible by Q4, now is the time to hold and position for a potential breakout, not panic sell.
VirtualBacon/2 days ago

After losing $15K in a 2018 rug pull, ZachXBT taught himself blockchain forensics. In 4 years, he’s exposed scams, tracked hackers, aided law enforcement, recovered $435M, and built a reputation as Web3’s top crypto detective.
StarPlatinum/2 days ago

The Fed kept rates unchanged in July, a move already priced in. The real pivot may come in September with potential SLR easing and liquidity shifts. Until then, BTC dominance and liquidity trends suggest patience before a true altseason breakout.
VirtualBacon/3 days ago

While Bitcoins recent price action mirrors January’s reversal, key differences suggest this isnt a repeat. With rate cuts expected and strong support at $110K, a bounce looks more likely than a deeper correction. Liquidity points to upside potential.

PumpFun, once the fastest-growing crypto app and memecoin king, has been overtaken by BonkFun. Through creator-focused incentives, community-driven campaigns, daily BONK burns, and strong human leadership, BonkFun captured volume, mindshare, and market dominance.
Adam/7 days ago

Ben.eth went from a small NFT influencer to raising millions during the 2023 memecoin boom with $BEN, $PSYOP, and $LOYAL. Backed by BitBoy and hyped by rumors of Andrew Tate, his projects crashed, lawsuits followed, and he vanished—identity still unknown.
StarPlatinum/2025.07.31

Hot feeds
A trader profits $448K by monitoring #Binance's new listings!
2024.12.13 17:37:29
A smart #AI coin trader made $17.6M on $GOAT, $ai16z, $Fartcoin,$arc.
2025.01.05 16:05:18
A $PEPE whale that had been dormant for 600 days transferred all 2.1T $PEPE($52M) to a new address.
2024.12.14 10:35:27
A sniper earned 2,277 $ETH ($8.3M) trading $SHIRO within 18 hours!
2024.12.03 23:09:08
Last week, funds have flowed into #Bitcoin, #Ethereum, and #Hyperliquid.
2024.12.16 14:48:36
A whale exchanged WIF and Bonk positions for Fartcoin!
2024.12.25 11:01:14
MoreHot Articles
The 30-Year-Old Entrepreneur Behind Virtual, a Multi-Million Dollar AI Agent Society
2025.01.22
10 promising AI Agent cryptos
2024.12.05
10 smart traders specializing in MEMEcoin trading on Solana
2024.12.09
How did I turn $1,000 into $30,000 with smart money?
2024.12.09
A trader lost $73.9K trading memecoins in just 3 minutes — a lesson for us all!
2024.12.13
What is $SPORE? Let us take you through the on-chain records to show you how it works.
2024.12.25