LMFAOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO
Ur the motley fool of bitcoin
I think another 5x is possible. So around 500 usd.
Sure is possible! But now’s not the time to enter long, way too much volatility
Can’t predict ATH prices unfortunately but I can see a $1k+ Solana one day
It didn’t age so good
Are you burzum enjoyer or just a germancel
Non german burzum enjoyer.
Hopefully.
I bought heaps ages ago then more when you posted this hahahaha, I’m up $6k (I dabble with a very small amount of money)
Should I buy right now?
It’s too volatile right now. There’ll be a better opportunity to re enter (I don’t necessarily mean price wise). Even entering long at a higher price when it’s less shaky is would be a better plan than rushing in now.
Maybe we should first ask, what is his time horizon for this?
12 months ago. It was at 22usd, now 100 usd
pun intended.
But now is literally the ideal time to put a short on my beloved SOLHype from the GBTC ETF is over now and lots of normies will be buying so I don't really see now as a good time to buy anything. If anything, you want to buy an asset when there's low volatility, or you want to buy when volatility is slowly increasing and price is moving (in the direction you bought in). The strategy then is to hope you caught an outlier that will continue to trend in the direction of your position, with losses protected by your stoploss.
But in terms of investing like @eduardkoopman mentioned - There really is no bad time to buy anything, same goes for buying into the S&P. Trying to "time" investments makes little to no sense. So if you believe Solana will be worth a lot more in the future; which I also believe, and you are buying spot SOL with no leverage, then yeah just buy it - but you're not gonna get super rich unless you continue to borrow with a winning position and increase your risk all the time. Risk = opportunity. But managing risk is so hard to do. Don't get too greedy unless you know you're playing with money you can afford to completely lose.
As always, play the long game
Nah
Last screenshot I took was at like $67k profit and a lot of that was from $CAKE almost doubling in the span of 3-4 days over Christmas. I'm sure you can find that somewhere in a thread or as a gyazo. I was in SOL since $17 and with a significant amount of $ to start with. When I sold I think I was 19x levered which meant my notional position was 19 times what my unrealized P&L + margin balance was. I don't want to brag too much either because I'm sure large drawdowns will come since I'm playing with extreme risk. I'm not a teenager (wish I was) or lying but don't let my profits trick you into thinking I'm some clairvoyant. I'm not. And nothing I say is financial advice.
imo. If one trades short term. Nothing I have to suggest either. It's very unclear direction at the moment.
Solid stuff man. Can't go wrong with BTC.
Brutals yeah. Crypto scams and crypro bear market, give brutals losses.
Meanwhile I lost more or less $30.000 on FTX scandal and got back in at $56 SOL
Fucking Jews
For trading, a rules-based system approach is needed. It's not like we even need to know the names of the coins to trade them well, short-term, medium term or long-term. I'm not a fan of short-term since emotions get in the way and we don't really have enough time for trends to develop properly. Like look what would've happened if I sold SOL at 50% or 100% profit. I would've just sold myself short. I think traders need more belief that it's possible to capture the full extents of trends and not get greedy in terms of locking in profits. Losses should be cut quick but profits should be left to as long as possible especially in markets like crypto.
Wageslave I guess. One day we'll all be traders
Meanwhile I lost more or less $30.000 on FTX scandal and got back in at $56 SOL
Fucking Jews
What do you do in life? Wageslave or run some business?
Damn fucking FTX
Meanwhile I lost more or less $30.000 on FTX scandal and got back in at $56 SOL
Fucking Jews
What do you do in life? Wageslave or run some business?
Gaming platform (with a crypto link) of the future. Quick block speed, low fees. Moggs.
I will never be. Nor wanna be. Would Dislike it as job/work.. One day we'll all be traders
cant remember the time frame but i paid like 60 usd for sol then it went down to 40
No, I run a local business making 6 figuresWageslave I guess. One day we'll all be traders
@Seth Walsh
Nah I was answering you too saying "I guess I'm a wageslave" (trying to be vague). In the grand scheme we're all wageslaves, even as we climb the corporate ladder.No, I run a local business making 6 figures
I was asking you, should've been clearer
So you made 60+% gains.
We going back down now
