Hey Solana community!
I was reminiscing about the wild days during the FTX collapse when Solana hit around $12. Does anyone else remember the guy who came up with the plan to buy 1 Sol every day starting from that point? I’m curious if he’s still around and how his strategy turned out.
Considering how much Solana has been rocketing lately, it got me wondering if anyone else adopted a similar strategy and has made some great profits. If you did, I’d love to hear your story and the details of your approach. The Solana community has been through a lot, glad to see how its going and I’ve made some decent profit myself.
I did something similar and having a good time right now.
Same
Don’t know this guy but I’ve bought way more than 1Sol per day in that period. Solana never dies
at which point do we pull some profits? I got greedy last time and let them disappear… I’m back stronger than ever and ii would like to think wiser… but i feel that specilative greed kicking in again
I accumulated a bag, made me good money in the last bull run and I bought twice as much this time - roll on a new ATH
Crypto is a gamble and some people get lucky sometimes.
What if Solana collapsed and died?
Everything is easy in hindsight.
I did similar… I was buying just before the collapse and then started buying way more at the collapse and kept buying until I had enough to stake and collect 1 sol per week. Didn’t make it to that but I’m happy with my choice. I ignored the doom and gloom, yeah at some points and I been doing this all bear where I was like am I wasting my money? Oh well never know if I don’t invest and kept pushing forward regardless of what I saw and read. Just went with my gut.
I swing trade. Have automatic buy/sell orders. Set my buy mark at $17.50 🤷🏻♂️ probably the biggest swing I’ve missed. But I’ll take 25-35% gains repeatedly versus missing a big swing or holding >$100 per unit bags
I accumulated 1400 between 12-22 dollars. Staked them on phantom and still holding. It’s 100% my entire portfolio outside my home.
No bitcoin? U are crazy
Actually I’m doing in patient therapy from 5 Combat tours so you’re not wrong.
start using an LST on a platform like marginfi. no fees. and you’ll get more than staking on just phantom alone.
I hope ur taking profits along the way, 1400x60$=84k That’s good $, would suck to see 84k drop down 42k n then to 28k if u get my drift. Price ALWAYS returns to “the scene of the crime” Even IF “bottom is in” it will dump a solid -50% at the very least. Btc 38k to 16k is a heavy 20k drop esp with btc dominance this strong, markets ALWAYS sell-off n dump, profits secured is a W and better reason to buy the big dips
Figment by Ledger staking all day!
And I tought I had a big bag of 90 sol. Congrats man
What’s the stake % on phantom
Depends on which validator you use. I use 4 separate and get 6.8% to 7.2%
Got 160 sol during the FTX saga. But bought NFT sneakers with them cos I thought I got a good deal for SOL. Although the sneaker earnings is 0.25sol per day, I still can help feeling that I missed out on 4x returns. :)
Does anybody think the price is going up ? Or should i take my profit ?
Bought it immediately following crash. Kept buying, HODLd, and believed.
Promises fulfilled.
Buying the dip is a solid strategy. I seized the opportunity with SOL and reaped significant gains. Recently, I’ve also invested in KREST, which stands out as one of the top-performing alts in my portfolio.
I averaged into Solana on the dips after the FTX thing, go it around $21. I accumulated almost 1000. I’m not selling till Solana is $3,000 a coin
Maybe taking a zero off is more realistic
What would Solana be worth if a SOL ETF was approved?
I don’t care about the cycles anymore, this is a longer term investment
Wow 🤩
2030?
Bought a lovely chunk at 14dollars…Holding till 2034 Xmas… Remind me in 2034
I’m no whale but definitely a shark. 👍😎
Staking and caking the future of blockchain technology 🤑🤑