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# System prepended metadata

title: SHITCOIN BIBLE - AVAX EDITION

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# SHITCOIN BIBLE - AVAX EDITION

Hopefully this guide stops you apes from losing your money and helps you make some instead. 

Remember, your best bet is doing this with a group of hunters that you work with. This can dramatically increase your odds of being successful flipping these coins. Join **[The Doghouse](https://discord.gg/KCsVJwnmJ6)** discord if you have no friends and want some. 

## Resources

* **Listings bot** **[@DefiAvalanche](https://twitter.com/DefiAvalanche)**
* **Dexscreener** **[Dexscreener](https://dexscreener.com/)**
* **Telegram** **[Telegram](https://telegram.org/)**
* **Friends (*rip*)**

## Common Issues

Traderjoe fucking sucks apparently because there are many issues. If your transaction isn't going through, try the following. 

- Try increasing slippage
- Change the last digit of the coin you are selling and add 0.111 or some variation, as long as it is not 0
    - Example: Instead of selling 10000000000 tokens, sell 10000000000.1 or 10000000000.111
- Try hard refreshing (CTRL+SHIFT+R)
- If your slippage is not high enough and the price is too volatile, your tx may be cancelled
- You can remove stuck and old tx's from metamask
    - Settings -> Advanced -> Reset Account
    - ![](https://i.imgur.com/y9GOgs8.png)


## Method

Here is a list of things to check before you ape into a new listing. 

- [ ] Check if the contract is verified
- [ ] Try and find socials of the project
    - [ ] Look at the contract code (*sometimes they post the socials in the code*)
- [ ] Check if liquidity is locked
- [ ] Check if the token is a honeypot
    - [ ] Buy a very small of the token and see if you can sell it right away
- [ ] Check the top holders and token distribution
- [ ] Check who the buyers are on dexscreener
    - [ ] Sometimes projects use their own money (*typically from the dev wallet*) to paint the chart so it looks enticing and as if bigger buys are coming in when its really just the team buying the tokens themselves
    - [ ] Sometimes teams have a "marketing" wallet but they can also just dump these tokens and soft rug
- [ ] Check the first buys of the token if you can
    - [ ] Devs sometimes buy from one wallet that they used to make the contract to fake volume, making the contract look good
    - [ ] Usually bad if they do this, but sometimes they just want some of their own project tokens so they can sell for a profit and its not always malicious, be cautious
- [ ] Diff check the contract with recent scams

**If all of these boxes are ticked, it is more likely that you won't be rugged, however it is not a gaurantee!**

## Notes

Here are some specific things you need to know to follow the method. 

### Diff checking

- Go on snowtrace and collate a list of rugs/bad contracts that people use that are honeypots etc
- Use the "compare contracts" feature in snowtrace to see what parts of the code new projects have changed
    - ![](https://i.imgur.com/OPDflDd.png)
    - The differences in the code will be highlited.
- If the new contract you want to ape is basically the same as a previous honeypot with just a few wallets different, it is obviously **a honeypot**

### Honeypot checking

**NOTE**: **THIS ISN'T A FOOLPROOF METHOD**. TO 100% BE CERTAIN THAT SOMETHING IS NOT A HONEYPOT REQUIRES YOU TO UNDERSTAND HOW TO READ SOLIDITY AND VERIFY THE SMART CONTRACT. YOU MAY WANT TO SEEK ASSISTANCE FROM RUGDOCS FOR AN AUDIT AS THERE ARE ADVANCED SCAMS THAT ALLOW THE CONTRACT CREATOR TO INDIVIDUALLY BAN WALLETS FROM SELLING AFTER A PERIOD OF TIME, WHICH BYPASSES THIS TEST

- Buy a small amount of the token
- Try and sell the small amount

Yep, that's really all you can do if you can't code. 

### Locked liquidity

Locked liquidity means that the liquidity provider (*usually the dev/team*) can't just take out all of the liquidity and stop you from selling. 

- Look for transactions near when the contract was made
- A liquidity lock transaction is when they send the JLP (Trader Joe liquidity token) to another smart contract address which then keeps it for a duration of time
- Rugdocs and DXsale do provide these services, and usually the team will share the link to prove that the liquidity is locked, so just ask them for that link

### Finding socials

- Socials can be hidden in the contract code at the top as a comment in the code
- Use exact search filters in google to try and find the socials (quotation marks "POOPCOINHERE" usually works if they have a site/twitter)
- Search the token on twitter using dollar sign and token ticker $POOPCOIN

### Token holders

- Go to the holders section in snowtrace
    - ![](https://i.imgur.com/Os4Pv0x.png)
- Check the top wallets and see if they are dev wallets or linked in some way to the team
- Make of that info what you will. **Remember**, if tokens are not locked or burnt they can be sold and you can be dumped on!
- Some contracts have a burn/mint function, if there is a mint function in the contract the dev can call it and mint tokens out of thin air

### Follow the liquidity

- Find the wallet providing liquidity (you will see the tx where they added liquidity to the contract on the contract's page)
- See the tx's they made
    - Do they regularly remove liquidity from other coins?
        - Probably will remove liquidity from this token too and rug you
    - Is it a new wallet that looks like it got inputs from a giga whale with 100 million dollars in it?
        - Most likely a centralised exchange wallet (CEX) that they withdrew from

### Types of tokens

- Make sure you don't accidentally ape a test token. Check if the tokens have high liquidity, usually those do better
- Some tokens grow liquidity by taking a tax on every transcation
- There is sometimes a tx limit on tokens for how much you can buy or sell at one point
- There are sometimes tokens that don't allow one wallet to hold more than a certain % of the supply of the token, you can bypass by having multiple wallets to buy on (this can be done legitimately as anti-whale/bot measure for legit projects but also for nefarious tokens)

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If you have any suggestions leave a comment. Hope this helped. 