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10 months ago-45% from current peak is more favorable. Should get lotta nice bounces in between b4 next big move up. Sol is great for trading, can always anticipate 5-10$ bounces
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Cake day: November 1st, 2023
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-45% from current peak is more favorable. Should get lotta nice bounces in between b4 next big move up. Sol is great for trading, can always anticipate 5-10$ bounces
Could take cpl weeks. Look for range of small tiny doji candles at the lows
Could take cpl weeks. Look for range of small tiny doji candles at the lows
Contact phantom wallet support!
you can try to contact the wallet customer support and they *might* be able to help
do it fast
Circularing supply x price = market cap Btc MC rn is like 750B atm At some point or another, we gotta be reasonable in thinking whether short term or long term Historically, coins with huge supply end up getting dumped & sink -90% from ath Look at unisocks. Very low supply. Small cap but high price. Look at xrp. 10b supply. Large cap but low price.
even if ‘the bottom is in’
still gotta correct the move up
so you can expect something like this over span of next 2-5 yrs
just a rough sketch
this took me long time to learn
https://www.tradingview.com/x/f0Efi1ji/
https://www.tradingview.com/x/1epu9i1c/
but i learned it forever now
this white circle is when i sensed something was wrong
wish i had more skills & experience at that time, wouldve been the juiciest short. live n learn
theres a dude on reddit a 1st time investor who bought 1400 sol between 10-22. 10k investment.
nice bag
nice profits
i did the math
1400 sol @ 68$ = 95k
almost 100k, from a 10k investment
im certain he wont even take 50% off the table, and just gunna keep holding it blindly instead of banking that 100k and just patiently wait for next bear leg to start buying at the lows.
100k is a down payment on a fucking house, and then some
from 10k to a house, but, he’d rather keep holding. even goes to 100$, guys like that will just keep holding
last bull run, met a dude online who invested his entire 401k on SOL at $5 (which was the top of first bull leg)
yelling ‘fuck bitcoin dominance, sol is taking over’
told him take profits man, market gunna dump. good chance itll come back to 20-25$ in bear market. dude laughed n said, impossible & unlikely.
he deleted his twitter after it dumped below 100$
live n learn, and learn from others
why’s that?
can you elaborate pls
any links to read?
thanx
what u think bout new version of orca vs old version (ei leverage staking pools vs high yield farming pools)
theyre doing airdrop
soon
but 2b total supply, yikes
depends how u look at it, in terms of trading/price action or ‘fundamentals’ which mean absolutely nothing in bull market
MNDE is cool, but atm, its sole purpose is for staking SOL and MNDE. Outside of this, what else does it offer? I’d look to sell 50% at 2x n hodl.
ORCA was a great defi project, I find it sorta lost its greatness when they replaced awesome high yield orca farming pools with risky leveraged staking whirlpools. I’d look to sell 50% at 2x n hodl.
Raydium was great too, but after the SRM FTX fiasco, its just another defi project with nothing special. I’d look to sell 50% at 2x n hodl.
LIKE seems interesting, a onlyfans themed social media platform and payment token could have potential if women continue growing the slutty trend on social media. End of day, any currency can be used to pay eventually. I’d look to sell 50% at 2x n hodl.
Jupiter is prolly the best d’ex in solana atm. 2 Billion token supply wont be more than a p&d in the end but the project itself has room for growth.
HNT is a great project, Im glad they migrated to Solana. 220M supply, gunna be a great midcapper. Worth investing into at the lows and building a long term game plan while taking profits at the highs.
RNDR seems very interesting, ~500M supply, has great potential at that 100-200$ target in future bull run. Similar outlook as HNT for investing.
that is MY pov, not limited to above written. I can be wrong too. IF others want to add to this, feel free.
my outlook on crypto is that +90% are just p&d copy pasto projects that will fail in the long term. Doesnt mean u cant bank profits on them, just means that LT they will lose value vs large caps like BTC & ETH. The thing about alts is that they are for trading, not long term holding/investing. Sure if you beleive in the project, its good to invest into them, but realistically and probability wise, most wont do much more than P&D. Sell 50% at 2x is a great way to reduce risk, this way you make your money back. Small caps can run up 4x 5x easily so doesnt hurt to be patient on move up and then dump that 50%, make your $ back, some profits and a risk free moon bag.
the only 1 major suggestion I wan to make is dont buy/enter markets at these highs.
its high risk.
the time to ape in is at the bloody bearish lows when fear is so strong and the discount is too good to pass up on. THAT is where we buy. Now, is where we take profits n execute exit strategy (unless u trade actively and know what youre trading/doing)
DYOR as its your money. check YT videos.
from what i gathered, load up some gift cards or prepaid credit cards (use cash, this way it cant be traced to you).
setup few wallets (if u dont know how, this is crucial first step). once again, YT.
phantom and solflare are well reputed wallets. Id say use both, 1 for trading/moving around funds and 1 for profits. once ur comfy, buy cpl hard wallets for long term storage - these wallets are the ones that we want to keep like an anonymous secret savings account to build wealth adding extra 0’s over time. These will be your future house, cars, vacation & retirement money.
Take your time, build grow. Learn everything 1 by 1. in few yrs you will be 1 of the happiest & wealthiest people in your network.
dont transfer to c’ex man
use d’ex like jupiter. you can plug in your orders it will fill all u have to do it settle the account once filled. gas is cheap too!
paxos on ramp
make sure its fully d’ex so u can be 100% anon; we like to avoid the tax man 100%
never connect on cex or kyc!
phantom and solflare are well reputed.
create both 1 for active trading 1 for mid term storage
ultimately, ull want to get a cpl hard/cold wallets to use like as your savings account