Generally curious on everyones take here. I’m still learning my own strategy when it comes to selling and how much should I hold for the long haul. Would love to learn from the community!
For context, I did a ton of research and purchased when it was ~$13. Ideally want to sell what I put in soon.
It’s important to realize that the amount of money it took for Solana to reach $250 will be the same amount of money to bring it to $175, because of Solana being inflationary. Last time sol had this 18.5b marketcap the price was $60-65 roughly. Today it is $44. Solana will continue to be inflationary for the next 8 years I believe, so good to factor that in. In other words for Solana to reach its previous all time of $250 it will take 30% more capitol to bring it there then in 2021.