Sniping Tips ๐Ÿ™

To know you have enough is to be rich (Lao Tseu)

DISCLAIMER

This page is here to give you tips, team is not responsible for your possible losses.

We have a certain "experience" in sniping, this is why we dare giving you those friendly advices ๐Ÿ™Œ

Should I use the bot if token has "anti-bot protection"?๐Ÿ›ก

Some tokens build "anti-bot" solutions for listing.

The anti-bot solution are targeted to mempool bots: this solution detects that a buy tx is created in the same block as the one in which pool liquidity is added.

This is why the behaviour is different for LimitSwap and Sniper bots :

  • Sniper Bot is a mempool bot: it's so fast that it creates a Buy order on the same block, or next block, as liquidity is added ๐Ÿ‘‰ Sniper Bot is detectable by anti-bot solutions โ›” Don't use Sniper Bot if the token has an "anti-bot" protection

  • LimitSwap, on the opposite, acts like a "very fast human" : it will buy on 3rd or 4th block ๐Ÿ‘‰ LimitSwap is not detectable by anti-bot solutions โœ… Use LimitSwap if the token has an "anti-bot" protection

Trying to snipe IDOs ? Run away๐Ÿƒโ™‚

The team advise you to avoid sniping IDOs. Here is why:

Lots of IDOs pretend that there is a "2 minutes whitelist" in the beginning, but 90% of the time it's FAKE and it just allows team to buy tokens

It creates a lot of frustration, because you see buy orders who never succeed, and you feel like our bot is not working properly

โ€‹๐Ÿ‘‰ We recommend you to AVOID IDOs : it's mostly SCAM and you won't be able to buy tokens, even if you're supposed to be whitelisted.

Please do some careful researches and find real Uniswap or Pancake listings, not super-hyper faked whitelist IDO.

We know it's hard to find good tokens, but take your time, find the right Gem, and our bot will give you 100% satisfaction, I promise ๐Ÿ™

General advices

  • Be careful with "super hyped listings" Because of front-run bots, be really careful if you choose to snipe a super-hyped listing : front-run bots will kill the listing... 80% of the time you'll lose money here.

  • BUYPRICE : don't set it too low Don't try to buy exactly at the listing price : always keep a margin for your trade. --> if the IDO price of a token was 0.15$, for instance, set the buy price at 0.25$ or more (depending of the listing "hype")

How to set up the bot to snipe a coin launch if I dont know the price? Many people ask this question. It's a difficult question to answer.

Of course, if you don't know the price, you cannot set up a "normal" price in the bot. You need to set up the bot to "buy at any price".

For this, simply put "BUYPRICEINBASE": "100" for instance ๐Ÿ‘‰ it will buy your tokens if price of 1 token < 100 BNB/ETH.

  • SELLPRICE : don't be too greedy ๐Ÿ˜ต Don't put too much difference between Buy and Sell price. My advice is : Sell 75 percent on a double. Keep 25 percent for moonbag.

  • SLIPPAGE : make it high It's very important to have a huge slippage on listing... If it's a "hyped" listing, my advice is to put... 49%๐Ÿค•โ€‹

Since v3.13 we introduced an UNLIMITEDSLIPPAGE option in the bot.

If you want the bot to buy tokens no matter what slippage will be, use this option.

Be careful slippage could be very high!

  • GAS price : be generous โ›ฝ

    Mostly on ETH, Gas price is very important. There's a lot of transactions in the same block, so be generous! Check the Gas price on Etherscan Gas Tracker, and multiply High gas price by 2 or 3 if you want to be sure to succeed.

  • Don't bet too much money As listing sniping is a very risky move, don't invest more than 5% of your bankroll for one listing... Risk is too high to lose!

And remember : it's also a matter of luck๐Ÿ€

Sometimes your buy price will be too low, sometimes your sell price too high...

Front-run bots often manipulate the price so much that the listing is wasted...

Be patient, do some research, select carefully your listings, and don't lose faith: you'll make it!

Join our Limit holders Telegram Group

If you want to discuss about listings or trading, please join this group, dedicated to LimitSwap users:

We have a really nice community :)

How to check a token contract?

If you want to check if a contract does not contains malicious code, here are a few useful websites:

Where to find new tokens? DYOR

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Here is a list of Telegram Channels / Websites where you will find a LOT of informations about new tokens:

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Enjoy!

ยฉ with love from LimitSwap Teamโค