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Pump Guide by Pumping Peter

The ultimate guide to make the best of your pumps! By @pumpingpeter

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πŸ” Understanding Slippage & Why We Advocate for 20%+ πŸš€ Slippage is the flexibility you allow for a coin's price during your transaction's execution. During pumps, prices soar in a blinkβ€”hence, the need for higher slippage settings. 🎒 Setting slippage at 20% isn't about accepting a loss; it's about ensuring your trade goes through even if the price shifts by up to 20%. Think of it as a net that catches your transaction before it falls through due to rapid price changes. πŸ›’ Why does this matter? Well, if your transaction fails, you miss the chance to buy in early or sell at peak profitability. πŸ“ˆ Personally, I dial my slippage up to 49% to bulletproof my trades against any chance of cancellation. πŸ’₯ To stay on the safe side, stick with a slippage of at least 20%, or use the autoslippage feature provided by some DEXs for a worry-free experience. βœ…
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