Little Techniques on Marketing Your Tokens
Many cryptans like us have probably bought fraudulent tokens and gotten into trouble at least once. Today I'm going to tell you how to create and sell your own honeypot token with a minimum price on the BSC network, and I'll also share a couple of tricks on how to entice other people to buy your token.
The advantage of creating your own token is that you will never lose money, because you own the liquidity of your tokens and BNB. So no disadvantages, just endless potential for growth. To get started, you need to create your token. The source code of honeypot token is here
The first thing we need to do is to deploy a smart contract in the BSC network. I have written about how to do this here
Once the smart contract is published and verified, we add liquidity and list our tokens on a DEX like Pancakeswap. Don't forget that you have to use the same wallet address that created the token to add liquidity. You can customize the % ratio between your tokens and BNB to add liquidity. After that, you can try to use another wallet to buy some of your tokens and try to sell them back (which of course won't work) to test how your token works.
Below I will share with you some real-world methods of listing your tokens on DEX, such as Pancakeswap.
We usually add 80-100% of the created tokens to the liquidity pairing with BNB to increase investor confidence. For example, if you created 1,000,000 tokens, we recommend pouring 80-100% of them into the liquidity pool. This will help create more confidence among investors as they will feel safe buying tokens that are not freely traded outside of the pool.
The more BNB you add to the liquidity pool, the more attractive your tokens are to investors and the more they buy them. You don't have to worry about investors selling tokens because they can't do that - it's a bait token. Because of this, you can buy/pump your tokens and attract even more investors to buy them without them being able to sell them.
There are tons of third-party marketing tools and automated bots for transactional messaging on Pancakeswap, such as bots for Telegram about new token listings, Twitter bots, and sites that show data about new tokens. These services will help attract the attention of investors around the world. So you don't have to worry about your project getting overlooked if you follow these steps.
We recommend creating a token on Pancakeswap, adding liquidity and leaving it there for at least a day. The BNB that investors will spend to buy your tokens will be your profit. For beginners, the ideal start is to add liquidity of 10-20 BNB or more. Remember, the more BNB you add, the more attractive your tokens are to investors. You may have noticed that many new tokens on the platform have liquidity of 30, 50 or even 100 BNB. Such tokens with good liquidity can generate 10 to 100 BNB profit every day.
But we don't have that much BNB! What do we do? Are we already out of the game? Don't worry! You still have a chance! I'll show you how you can run everything with little liquidity and still succeed.
For beginners like you, we recommend adding liquidity of at least 2-10 BNB or more (the more the better! ). For example, a token with 10 BNB liquidity will definitely generate more profit than a token with 5 BNB liquidity. All of this should be done on Pancakeswap on BSC. After that, you can buy your own tokens to raise their price and attract the attention of investors.
It's also a good idea to do some airdrops on at least 20 addresses to increase the number of token holders. This will help attract even more attention, both from investors and through third-party bots for new listings on Telegram and websites, which in turn will give you a better chance of profit.
Remember, Pancakeswap is a global decentralized exchange and the internet knows no borders! You will get the attention of crypto investors from all over the world.
For expert token creators, it is recommended to create their own telegram groups, channels, token websites, or even add social information and token logos on BSC Scan to bring even more attentions. You may airdrop your tokens to 100 addresses and above to get even more eyeballs in your tokens (Airdrop dApps below).
Recommended Airdrop dApps tools:
Bulksender (Airdrop dApps): https://bulksender.app/
Crypto Multisender (Airdrop dApps): https://cryptomultisender.com/
You may also upload your tokens logo and info to gain more credibility and trusts in order to gain more attentions and trusts from investors and traders as well as users.
If you are creating tokens in Binance Smart Chain, you may upload your tokens logo and info in Bscscan.
Bscscan website: https://bscscan.com/
You may also try to use this tool to resize your token logo into 32x32 pixels resolutions token logo here: https://safeimagekit.com/resize-image-to-32x32
Guidelines to Token Info Submission in Bscscan: https://bscscan.freshdesk.com/support/solutions/articles/67000666500-token-info-submission-guidelines
Other than that, you may lock your liquidity or tokens on some token lock dApps for 7-8 days. After you lock your tokens and liquidity, there will be automated telegram bots and twitter bots to start to shill the information publicly. You can also use airdrop methods to attract early investors to join your own telegram group.
Recommended BSC Liquidity Lock dApp:
Dxsale: https://dxsale.app/
Pinksale: https://www.pinksale.finance/
Both airdrop and pump of your tokens will be displayed in the list of daily gains on some third-party sites and Telegram bots. The more holders of your tokens, the better - it attracts more attention of investors and encourages them to buy your tokens. Your profits will depend on how effectively you manage your tokens and their promotion. The more qualitative the approach, the higher the chances of success!
Important points about pumping token prices and capital allocation:
Buy your own tokens using your own funds, dividing them into small and medium amounts suitable for your budget. For example, if you have 30 BNB, you can allocate 20 BNB for liquidity and another 10 BNB to pump up prices. These 10 BNB can be divided into smaller amounts - e.g. 0.01, 0.1, 0.25, 0.5, 1 BNB - and sent to different wallets to buy your tokens.
Don't forget to set low slippage (0.1% - 0.5%) on the exchange platform to minimize transaction losses
As for the timing of listing your tokens: timing really matters. The right moment for listing can significantly increase traffic and attract more users who will want to buy your tokens. Try to find the best time in your time zone by choosing a time frame that works for your listing to maximize your visibility and chances of success.
In general, we will gradually perform pumps on our tokens, leaving them active for 30 minutes or 1 hour and then pumping again. After doing some pumps, it's important to leave the tokens for 7-8 hours, or better yet 1-2 days. This is the optimal time to keep activity in the market.
The reason for extending the time frame is very important: the longer tokens stay "pumped", the more likely they are to attract more buyers. This means tokens can capture more liquidity available in the market, which in turn will help increase their value and popularity.
We do not advise you to do quick token launching (like adding & remove liquidity within 5-30 minutes) because the logic is simple, how can a super short timeframe like between 5-30 minutes can bring any good amount of buyers? The answer is not that good, you will likely get no buyers at all because the timeframe you give the market is too short for the market to response, buyers can't even have enough time to take action to your new launch tokens.
We advise you to increase the timeframe of your tokens by simply add liquidity, make some pumps, do some works on the social media profile and websites of your tokens, interact with potential buyers on Telegram / Twitter and other platforms. Then *Leave your tokens like for 1 day or few days, in order to let the market and buyers have the time to notice and take actions in your tokens, Let the Time Work for You, Not Against You.
If you think 1 day is too long, maybe you can do half a day, which mean you can launch 2 tokens in a day (12 hours timeframe for each token)
Always remember, if you create a lot of different tokens in a day, it doesn't bring you more buyers, it will only cost you more gas fee, and you may lose portion of your capitals by frequently doing token launching that brings no results.
We do not advise you to create and launch more than 3 tokens in a day because the market & buyers aren't an unlimited pool of money, it takes time to refill and rest like a human do.
Beware of your "Frequent Token Creating" Syndrome and "Instant Gratification" mindset
Creating a token & launching it seems like a pretty good way to generate incomes without substantial risks of losing your capitals. For example, Crypto Trading is a very risky way to generate incomes because you may lose portion of your capitals to do trading, but Token Launching is not as risky as Trading at all.
But many people still manage to go broke, lose tonnes of money by Creating & Launching a token, Why is That?
Becuz of the "Instant Gratification" mindset, lead to "Frequent Token Creating" Syndrome.
It can be explained as: People (Most of them are Crypto Bros, and they are extremely greedy) view token creating as a way to get rich quick, fast money making scheme that can make them a lot of money in ultra short period of time.
First, they do research on naming tokens, create and test their tokens, then they launch it with their own timing and strategies, and they wait it for buyers patiently. Some of the tokens may get some buys, and some don't get any buys.
If they success to get some buyers, they will quickly create another tokens and launch it, but now they are launching the tokens without proper timing and researching. Most of them will launch the tokens in hurry, now the Greed kicks in. They didn't wait patiently enough this time for the buyers to take action like they did in their first token launch because they think they will get the same results without doing any homework and strategies.
Most of the time, they will get little buyers or no buyers at all because of lacking patience and other important factors like token name, timing and marketing strategies. Most of them will not realize what they did wrong and wondering why the same processes didn't bring the same outcomes.
Then they keep creating new tokens and launching, sometimes they will create maybe 10 different tokens in a day. Sometimes each token life span from adding to removing liquidity is within 5-10 minutes, which are pretty bad and costly. If you are launching your token in Ethereum Mainnet, gas fees are not cheap, sometimes around $100-$300. You may imagine how expensive the gas fee it will be, if you are launching 5 tokens within a day in Ethereum Mainnet (5 X $300 = $1500).
Greed (Instant Gratification) lead to Bad Decisions Making (bad research & timing & strategies, lacking patience), then lead to Frequent Token Creating, at last leading to Losing Capitals (Suffering financial losses, or worst, go broke, due to paying heavy gas fee)
Solutions for those above problems? Here you go:
We advise you to increase the timeframe of your tokens by simply add liquidity, make some pumps, do some works on the social media profile and websites of your tokens, interact with potential buyers on Telegram/ Twitter and other platforms.
Then Leave your tokens like for 1 day or few days, in order to let the market and buyers have the time to notice and take actions in your tokens, Let the Time Work for You, Not Against You.
Always remember, if you create a lot of different tokens in a day, it doesn't bring you more buyers, it will only cost you more gas fee, and you may lose portion of your capitals by frequently doing token launching that brings no results. We do not advise you to create and launch more than 3 tokens in a day because the market & buyers aren't an unlimited pool of money, it takes time to refill and rest like a human do.