The Power of BullX to Make You Money Trading Solana Memecoins
BullX is the most advanced trading and asset management platform on the Solana network. It recently came across my radar after watching a Youtube video from a content creator. I decided to give it a try and was amazed by the high quality UI and reactive components. This gives the ultimate edge for memecoin traders out there and this article explains how.
Making good trades, to me, is about having access to the right information at the right time with the ability to instantly make decisions based off of the data coming in about an asset. The slightest hesitation or doubt could be the difference between a gain vs a loss.
This is the power of BullX. It gives you the ability to make these quick decisions due to its real-time data. Every platform doesn’t offer this. It has allowed me to make consistent gains over 15% on average for each and every trade. This might not seem like much, but with dozens of memecoins releasing on a daily basis and the ability to do as many trades as you can per day, one can see how this adds up over time, even if every 5 or 6 trades or so you lose a bit.
This article breaks down my BullX money making strategy and why it works so well for me.
Volume Watching: The Money-Making Strategy
When you see Buy Volume higher than Sell Volume, that is a positive sign that the price will go up. If you wait 4–5 candles (on the 30 second chart) for a large confirmation, that is almost always a strong buy signal.
In the image above, you can see that Buy Vol is at $90,650 and Sell Vol is at $87,900. This explains why the two most recent candles are green.
The most important real-time data for trading is Volume. Volume tells you when money is moving into, and out of, a token (along with holders and the flow of liquidity). It’s a snapshot of energetic interest in an asset. When you see Buy Volume higher than Sell Volume, that is a positive sign that the price will go up. If you wait 3–4 candles for a large confirmation, that is almost always a strong buy signal.
Most legitimate trading platforms give you this data, but it’s not always real-time. This means those tools aren’t ideal for making trading decisions because it decreases your window of opportune entry. You could make a decision based off of data that is 30 seconds to a minute behind!
Conversely, when sell volume overpowers buy volume…then that is a sign that the price is about to decline. BullX gives you the power to watch these money flows in real-time, giving you the ability to make very accurate decisions about when to enter/exit. The longer buy volume overpowers sell volume, the longer the token will trend upward and vice versa.
Being able to watch $100,000+ of buy volume enter into a token in real-time is almost always going to mean you will make a profit if you notice it soon enough before the trend starts. But it doesn’t stop there.
Holder Watching: The Money-Making Strategy
Typically, when money is flowing into a token (causing a price increase)…the number of holders will also go up.
Ok, so it’s not JUST about volume-watching for me. It’s also about observing the flow of holders. Typically, when money is flowing into a token (causing a price increase)…the number of holders will also go up. I generally target tokens with 500–700 holders that have been out for 30 minutes to 1 hour. This decreases the chance of it being a rug, but it also decreases your chance to make insane gains (more than 1x in a single trade). Everyone has a different strategy. I’ve heard of a guy who targets tokens with under 100 holders, but know that these tokens will likely bring much higher risk due to a lack of a strong holder foundation.
When the holder count decreases, that usually will also correspond with the liquidity decreases which will also mean the sell volume may have overtaken the buy volume. These 3 signals together point to a likely downturn and a time to exit.
What if buy volume is higher than sell volume, but the holder count isn’t increasing? That means that the people pumping the token are already holders and they’re simply buying more. I’ve seen this cause down trends in my observations. Ideally, you want to see holders increasing to know that a trend is actually real vs current holders (likely bots) buying more because at some point, they’ll be looking to sell and may get cold feet if their buying isn’t convincing more traders to come in and hold the token.
BullX provides this holder data in real-time as well. Words can’t properly describe how much of an edge that gives you as a trader.
Transactions and Movers: The Money-Making Strategy
Using the above image, above Volume, you will see TXNs and below it you will see MAKERS. These are important signals as well and they can be used to confirm a trend in a positive or negative direction. Ideally, you want more Buy transactions than Sell. You also want more makers who are buying vs selling.
Automation: The Ultimate BullX Tool
No longer do you have to guess when you should take a certain percentage of profits or use a bunch of different interface tools to manually do it on the fly after you’ve entered into a position. BullX does this for you!
For me, automation is BullX’s secret weapon. You are given the ability to create strategies to test when to sell based on how much you’ve lost or how much you’ve already profited.
No longer do you have to guess when you should take a certain percentage of profits or use a bunch of different interface tools to manually do it on the fly after you’ve entered into a position. BullX does this for you! All you have to do is create the strategy and set the triggers. Once you enter the position, BullX even programmed it to automatically set visual entry/exit levels based on your active strategy.
For me, this gives me a lot of ease because I get into positions now having a clear goal that I don’t need to do anything to set up.
I’ve watched as green candles tapped my trigger levels and the app automatically sells 25% of profit without me having to do anything. The only requirement is that you have enough SOL in your wallet to cover the transaction costs. However, if sell volume overtakes buy volume, your strategy will auto-sell if the price drops too low.
Conclusion
All in all, this is the most powerful trading platform I’ve used on Solana. The Money-Making strategy involves observing these four key elements: Volume, Holders, Transactions, and Makers. When these stars align, all you have to do is wait for that big green candle of confirmation and enter the position. I have consistently made well over 10% over dozens of trades. Those types of gains aren’t guaranteed anywhere. Not with banks, funds, or sports betting. Memecoins are the hottest asset trend because of your ability to consistently out gain every other asset market known to man.
If you’re not using the real-time data of BullX, you’re trading with an arm tied behind your back.
