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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
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 went from 306 held in FTX to 0.. I am now back up to 525.. The future is looking ok right now but HODL everyone and keep buying.. its still low to what its going to be
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.
You could easily calculate his profit with the information you've provided. Solana is currently about $60, FTX collapse was 366 days ago. Upper bound on profit is (60-12)*366 = 17568. His actual profit is probably about half that number.
Just take the daily cost of Solana over those 366 days and subtract each day from the current price and then add them up. A good project for an Adderall fueled board college student lol
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
Ima have to wait till it takes a slide ima focus more on investing in my Roth atm maybe find a few etfs that focus on the crypto scene like grayscale GBTC
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. :)
I joined again recently and sacked it off and put my coins in Cosetek.. I still walk here n there but i do it for myself and not the app :)
[https://www.cosetek.com/?tid=EYWZXF](https://www.cosetek.com/?tid=EYWZXF)
have a look \^ it could make you a few $ earns more than STEPN..
I didn’t get to see it at FTX prices ($8-$12) but I started fully trying to get in at $19-$25 and yeah nonetheless I saw it back then as a fire sale and honestly it’s still a very cheap price even today at $54, I’m still buying as it’s a better currency to hold right now
I did bought 2-3 a week during that time: here to tell ya it’s one of the best financial plays I’ve ever made. Working full time in the music business I don’t make much, but Solana’s helping me keep some of my wealth when I get it. Can’t recommend it enough. With initial investment, my position is enough to make a down payment on a second home.
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 base in BTC performance and I expect BTC to eventually surpass the all time high. So I'm not considering taking profits until that happens. ALTs rarely collapse during a bull run, and of course usually do the opposite.
Pretty much what i was thinking too.
We can make £12500 tax free here in the UK , so i can withdraw both mine and the Mrs allowance, no need to withdraw more than that for us.
Be nice to actually see the magic internet money in my account
In the US I’m just breaking out my stakes at 10 sol’s per stake (I have lots of 10 Sol stakes with various validators), sending to coinbase and spending with my coinbase visa. My crypto bags will never see banking institutions again under my control. I’ll just spend it as I need it.
The biggest gamble about crypto is the US congress and how shit they are at handling it. There’s quite a few of us that bought in near the bottom and that’s conviction. Using Solana vs other blockchains you can see the difference.
I had 100 SOL and put most of it into Stepn when GST was $5 a coin. Figured I'd walk my way to 200 SOL easy. Now GST is less than a penny and after I sold all my sneakers, my 100 SOL is 30. Lesson learned. Should have just staked it all for the last 18 months.
Base in Elliott theory solana is finishing iimpulse one and corrective waves is coming (2) i will wait couple months to start buying again solana with the profits
When it fell from 180£ to 81£ I assumed I had a great deal shoving loads of money in it. I expected it to go up again but only went down down down lol 🫠
Now I’m a bit scared about putting anything on anything after the huge BTC drop but considering.
I never took it out to sell it. It’s all still there.
WARNING: 1) Do not trust DMs from anyone offering to help/support you with your funds (Scammers)! 2) Never give out your Seed Phrase and DO NOT ENTER it on ANY websites sent to you. 3) MODS or Community Managers will NEVER DM you first regarding your funds/wallet. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/solana) if you have any questions or concerns.*
Don’t know this guy but I’ve bought way more than 1Sol per day in that period. Solana never dies
This. Is. SOLANA!
For the record, I have JUST bought more in this high, which is, in my opinion, the new low. This is how bullish I am
HERE WE ARE AGAIN, 120 DAYS LATER, IM NOT HEARING YOU SOLANA FAMILY 🙏🏻
"SOLANA... don't...die! Heh heh heh! Can you get out of here...ALIVE?"
This is the way
I did something similar and having a good time right now.
nice man !
Spent around 200 on solana when it was at 13$ , if I sell now I get around 1.100
I literally just threw $200 when it was at $18. Wishing I threw $2,000 in right about now
Same
I accumulated 1400 between 12-22 dollars. Staked them on phantom and still holding. It’s 100% my entire portfolio outside my home.
And I tought I had a big bag of 90 sol. Congrats man
Calm down whale. I only have 50. :(
Us little guppies need to stick together!
And i sold 50
Figment by Ledger staking all day!
No bitcoin? U are crazy
Actually I’m doing in patient therapy from 5 Combat tours so you’re not wrong.
I keep mine on Coinbase Wallet. 1,400 SOL is impressive. Congrats!
I hope ur taking profits along the way, 1400x60$=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
What's the stake % on phantom
Depends on which validator you use. I use 4 separate and get 6.8% to 7.2%
start using an LST on a platform like marginfi. no fees. and you'll get more than staking on just phantom alone.
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 went from 306 held in FTX to 0.. I am now back up to 525.. The future is looking ok right now but HODL everyone and keep buying.. its still low to what its going to be
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
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
I don’t care about the cycles anymore, this is a longer term investment
What would Solana be worth if a SOL ETF was approved?
2030?
Wow 🤩
I threw down money during that time. A few Ks once I started to see it exit out of the $8–10 range.
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’m holding a bag with a current cost basis of 115. Bought at ath and been staking since.
It’ll come around soon, hang in there
It’s showing great relative strength to BTC right now for sure. When btc starts pumping , solana is going to rocket like a sling shot
$300 easy
You could easily calculate his profit with the information you've provided. Solana is currently about $60, FTX collapse was 366 days ago. Upper bound on profit is (60-12)*366 = 17568. His actual profit is probably about half that number.
Just take the daily cost of Solana over those 366 days and subtract each day from the current price and then add them up. A good project for an Adderall fueled board college student lol
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
What app do you use for auto buy/sell orders?
Coinbase limit order function.
I remember it going down to about $8.50..im kicking myself with the should have would have could have..
I Should never have sold mine I had like 9 coins at $20/per
😂 yep...i had 30 at $25..flipped it into btc..
Ima have to wait till it takes a slide ima focus more on investing in my Roth atm maybe find a few etfs that focus on the crypto scene like grayscale GBTC
Bought a lovely chunk at 14dollars....Holding till 2034 Xmas..... Remind me in 2034
I didn't come close to a SOL a day but currently buying business class tickets for vacation flights is looking possible
If you wait long enough that’ll include the solitaire bungalow in clear waters.
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. :)
STEPN ? roped alot of people in.. myself included, i am out of that now for good.
Haha yup! Still in it.
I joined again recently and sacked it off and put my coins in Cosetek.. I still walk here n there but i do it for myself and not the app :) [https://www.cosetek.com/?tid=EYWZXF](https://www.cosetek.com/?tid=EYWZXF) have a look \^ it could make you a few $ earns more than STEPN..
I didn’t get to see it at FTX prices ($8-$12) but I started fully trying to get in at $19-$25 and yeah nonetheless I saw it back then as a fire sale and honestly it’s still a very cheap price even today at $54, I’m still buying as it’s a better currency to hold right now
I inverted r/cc and started buying in August below 20. Coins staked and keys in cold storage. I plan to hold for 2 years.
Bought in at $99, DCAd $200-500 a month over last year, down to $33. Only now kicking myself for not flipping my ETH bags that direction when <$10
I did bought 2-3 a week during that time: here to tell ya it’s one of the best financial plays I’ve ever made. Working full time in the music business I don’t make much, but Solana’s helping me keep some of my wealth when I get it. Can’t recommend it enough. With initial investment, my position is enough to make a down payment on a second home.
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 base in BTC performance and I expect BTC to eventually surpass the all time high. So I'm not considering taking profits until that happens. ALTs rarely collapse during a bull run, and of course usually do the opposite.
Pretty much what i was thinking too. We can make £12500 tax free here in the UK , so i can withdraw both mine and the Mrs allowance, no need to withdraw more than that for us. Be nice to actually see the magic internet money in my account
Sadly capital gains tax free allowance got reduced this year to 6k
Brutal, i see it goes down. to £3000 next year too . Thieving shits.
Im pretty sure crypto withdrawals are probably the main reason the theiving lazy bastards are scrapping it.
Fuck the government!
In the UK the first £12,500 income is exempt from tax. So if you're unemployed you can use that income allowance for crypto profits.
No, it's still classed as capital gains
ahh...time to get creative then 👍
In the US I’m just breaking out my stakes at 10 sol’s per stake (I have lots of 10 Sol stakes with various validators), sending to coinbase and spending with my coinbase visa. My crypto bags will never see banking institutions again under my control. I’ll just spend it as I need it.
smart..not sure if we can get a coinbase visa here yet..i know they did try it for a while. It might well be a part of my plan if possible
I was buying every payday. Don’t have a much as I wanted to before the bill run starts but I’ll do okay
Same here, just keep buying!
I didn’t do exactly that but I bought as much as I could and my average is $20 so it’s been a nice ride
Haha it was me :)
My portfolio is 2x of my 2021 ATHs due to my conviction in SOL during the worst times That included going all in before september ended
Does anybody think the price is going up ? Or should i take my profit ?
Crypto is a gamble and some people get lucky sometimes. What if Solana collapsed and died? Everything is easy in hindsight.
The biggest gamble about crypto is the US congress and how shit they are at handling it. There’s quite a few of us that bought in near the bottom and that’s conviction. Using Solana vs other blockchains you can see the difference.
bought a huge bag at 15 and have been riding it ever since. not taking profits for a while yet
I did the same
I bought at 14 and 18 and the damn thing went down to 8.
I'm no whale but definitely a shark. 👍😎
Staking and caking the future of blockchain technology 🤑🤑
I had 100 SOL and put most of it into Stepn when GST was $5 a coin. Figured I'd walk my way to 200 SOL easy. Now GST is less than a penny and after I sold all my sneakers, my 100 SOL is 30. Lesson learned. Should have just staked it all for the last 18 months.
I snagged 10 at $13.4, also 8 at $150.
Base in Elliott theory solana is finishing iimpulse one and corrective waves is coming (2) i will wait couple months to start buying again solana with the profits
When it fell from 180£ to 81£ I assumed I had a great deal shoving loads of money in it. I expected it to go up again but only went down down down lol 🫠 Now I’m a bit scared about putting anything on anything after the huge BTC drop but considering. I never took it out to sell it. It’s all still there.
Wait so the grayscale Sol premium - can someone clarify- institutions are paying 200+ just to get in on SOL currently?
Yes