While most memecoin traders obsess over seconds and minutes, Spyzer operates on a different timeline. His swing trading approach involves holding positions for days or even weeks, a strategy that seems counterintuitive in markets where tokens can go to zero overnight. Yet this patience has consistently outperformed the rapid-fire scalping that dominates crypto Twitter.
The default mode for memecoin traders is hyperactive: watch new pairs, buy fast, sell faster. Spyzer took a different path after recognizing a pattern in his early results.
"Every time I was just clicking constantly, I was bleeding money," he explains. "The trades that actually made my account grow were the ones where I just let them run."
This observation led him to restructure his entire approach around holding rather than trading.
Unlike traditional swing trading with its defined technical setups, memecoin swing trading requires different frameworks.
Spyzer's approach involves:
Initial Position Building: Enter during quiet periods when attention has faded from initial hype
Thesis Documentation: Write down specifically why this token should appreciate and what would invalidate that view
Time-Based Commitment: Commit to holding for a minimum period (typically 3-7 days) regardless of short-term price action
Catalyst Watching: Monitor for events that could accelerate or invalidate the thesis
Graduated Exit: Scale out as thesis plays out rather than selling all at once
The mathematical argument for swing trading is straightforward: every trade has friction costs.
Each time you buy and sell, you pay:
A scalper making 20 trades per day accumulates these costs 40 times daily. A swing trader holding one position for a week pays these costs twice total.
For the scalper to match swing trading returns, their edge per trade must dramatically exceed the swing trader's edge per position. In practice, most scalpers have tiny or negative edge, meaning they are simply paying fees to lose slowly.
The challenge of swing trading is psychological: holding through drawdowns requires genuine belief in your thesis.
Spyzer's conviction-building process:
Narrative Research: Understand deeply what the token represents and why it might capture attention
Holder Analysis: Examine who else is in the position and their likely time horizons
Historical Pattern Matching: Find similar previous tokens and study their price evolution
Catalyst Calendar: Identify upcoming events that could drive price appreciation
Invalidation Criteria: Define specifically what would prove your thesis wrong
Writing these elements down before entering creates a reference point during drawdowns. When a position is down 30%, you can check your thesis rather than reacting emotionally.
Holding longer creates unique challenges that scalpers never face.
Sleep Risk: Positions can move dramatically while you are away. Spyzer accepts this as part of the strategy, sizing appropriately rather than avoiding overnight holds.
Narrative Shifts: Market attention can pivot to new metas, leaving your position stranded. Monitoring broader market themes remains important even in longer-term positions.
Holder Composition Changes: The people in a token at day one differ from day seven. Tracking whether strong hands are accumulating or distributing helps with exit timing.
Emotional Fatigue: Watching a position bleed slowly over days tests psychological endurance. Having written conviction helps distinguish signal from noise.
Spyzer is honest about the strategy's limitations:
Bear Markets: Extended holds during downtrends compound losses rather than letting winners run
Liquidity Crises: Tokens can become untradeable at the worst moments, making extended holds risky
Thesis Failures: Sometimes you are simply wrong, and patience just means bigger losses
Opportunity Cost: Capital locked in underperforming positions cannot capture new opportunities
The key is recognizing when market conditions favor patience versus when they punish it.
Longer hold times require more conservative sizing:
Base Position: Smaller than scalping positions due to extended exposure time
Drawdown Tolerance: Must be comfortable holding through 40-50% drawdowns without panic
Add Criteria: Define conditions for increasing position size if thesis strengthens
Emergency Exit: Set absolute loss limits regardless of thesis status
Spyzer typically uses 3-5% of portfolio for swing positions compared to 1-2% for shorter-term trades.
Not every token suits swing trading. Spyzer's criteria for longer-term holds:
Narrative Durability: Will people still care about this in a week? Tokens tied to fleeting events make poor swing candidates.
Developer Commitment: Evidence of continued work and engagement reduces rug risk over extended periods.
Community Quality: Strong communities create buying pressure that sustains prices through weak periods.
Liquidity Depth: Sufficient liquidity to exit if thesis changes, even in adverse conditions.
Holder Distribution: Concentrated supply creates exit risk; distributed supply suggests more organic interest.
Becoming a swing trader requires rewiring trading instincts.
"Your brain wants to do something all the time," Spyzer notes. "The hardest skill is being okay with watching and waiting."
His practices for developing patience:
Spyzer does not advocate swing trading exclusively. His portfolio structure includes:
Core Swing Positions: 60-70% of allocated capital in longer-term holds
Active Scalps: 20-30% of capital for short-term opportunities
Cash: 10-20% ready for sudden opportunities
This balance lets him participate in fast-moving markets while maintaining the discipline of his primary strategy.
Looking at his own data, Spyzer found:
Fewer wins but bigger wins meant swing trading generated more total profit despite "losing" more often by trade count.
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