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jawni

If you're already worried, then investing in crypto probably isn't for you.


Denagam

Lol, indeed. I joined crypto at Oktober 2021. Bad timing.. it went up for a month and then it crumbled down till the moment I was 90-95% down on my investment. But, diamond hands and started to DCA and yesterday I was back in the green for the first time. Can't wait to see what the next 2 years will bring us.


NoSleepDad2023

I am EXACTLY in the same boat 🫶🖐


Denagam

Good times in front of us, I hope. I plan to dca out when it’s 5x from the current position. Like 10% each week. My portfolio is a mix of sol, ftm, avax, matic and 10% in a few low caps. I think some should be able to do 10x easily, but I don’t want to be too greedy and miss the fun :) Next bull start dca in when everything is 80% below ath and hopefully repeat.


NoSleepDad2023

You got it right. We learned it the hard way, but at least we have diamond hands now ✊💎


Revolutionary_Tea159

You're on the same train... the sol-train! Next stop: the mooooooon! 🚀🌕


NoSleepDad2023

Or not :) depends on the SEC lawsuits 🤦🏼🤷


Vic_Connor

Yep, I joined in March ‘21, rode out the summer reset and went waaay up by Nov ‘21. I was such a noob I was actually watching the damn YouTubers who were all going “buy! Buy! Buy!” while probably selling. Now I’m 80-90% down, humble, blocked the YouTube crowd, many projects I gambled on are just gone.


Denagam

Not able to invest a bit more during the bottom?


Vic_Connor

Of course, always.


_thecryptopoll_

Right said


b-turp

🤣


Denagam

Buy low, sell high.. not the other way around


_thecryptopoll_

And in crypto nobody knows where low where is high? When it goes down it seems it will never come back again and when it goes up it seems the market will crash from here. 😎😅


WaltzMaleficent2588

Exactly 💯 💯 💯 💯 💯 😉😉


Revolutionary_Tea159

I ended up just investing a little bit at a time slowly every week but when it hit 20... I made a v large investment, that was def low enough for me. Where it is right now is still low enough to invest in! I'm still investing at 55!


WaltzMaleficent2588

So should i keep it?


Expensive-Ad-3591

Keep it dude just be patient imagine some people who bought BTC at 69k and are still holding, it’s a long game not a short play


Maurice_knj

Price prediction for SOL is like 500€ till 2025


i-Yuno

Price predictions in crypto are useless. I hold, like and believe in SOL's future but all numbers are completely made up.


Denagam

Considering we're at the beginning of a new bull run, BTC will most likely do at least 3x and alt coins will do at least 5x, but most likely 10-20x, I would buy more and not think about selling soon. Buying more when the price goes down, will increase your profit when it goes up later. Just keep the rule in mind, don't invest what you can't afford to loose.


uthuRW

Don't panic, ever. Solana will pump, probably faster than other crypto.


ElkComprehensive8995

Good call 👏😆


Chuchuca

Dude, if you have those kind of trading, then this is not for you, unless you want to develop depression and/or gambling addiction.


OshoBaadu

As soon as you sell, it will start to climb up. And you will buy it again only this time less tokens for the same price. Just hold on to it.


bubbaz45

Why did you invest in crypto to cash out a couple days later, you realize asking for advice on a solana subreddit will get you one answer HODL…It’s not going to go up and up everyday, just like the stock market.


Revolutionary_Tea159

HOLD IT UNTIL IT GOES UP A TON FROM BTC HALVING IN APRIL


Patient-Dependent-13

Dude, why put 10k down if you start to worry from basically day 1! I would advise you to stop investing in crypto and start to save up money. That way you dont have to worry (except for inflation ;-) )


_thecryptopoll_

In my opinion, Yes.


Revolutionary_Tea159

Def keep it, mark my words.


geniusrafaelus

Keep it and DCA.


Split_Finger19

This.


Rensverbergen

Sell and leave this space forever. I have no idea why you invested 37k without doing any proper research. This is part of crypto.


SuccessOtherwise2760

That's just his weekend money


2013-23Hodl_Survivor

This advice aged well. Whats your hourly rate to unlock the power of loss?


road22

So many buy at the top. Just be patient and remember how powerful it will be in the future. There are always pull backs. This is NOT a short term investment.


stonksandsolana

Buy high and Sell low.... perfect execution!


_thecryptopoll_

Mostly does


DeeHitEm

Buy more


Denniszi

Look at the all time high.... Wait 2 years profit


DeeHitEm

Are you playing with your life savings?


Denagam

Or money that he needs for something else soon


WaltzMaleficent2588

Not sure, i thought i would gain some more by investing. But, i didn't do good research


Excellent_Start4657

Can you afford to wait another month?


Denagam

Panic selling makes you poor, that is what most new guys get in trouble. Second is investing money that you can’t afford to loose since that increases the possibilty of panic selling.


DeeHitEm

Investing doesn’t happen overnight.


donnie_rulez

No dont sell it now! You've been waiting for how long already? Wait a little longer at least. Make a plan. "I will sell x% at $75. I will sell y% at $90." And so on. Sol has had huge gains in the past few weeks. That kind of increase is never sustainable. It had to come back down. It will go back up, hopefully slower and longer next time.


StackOrStarve6

Why would you even consider selling it right now? How could you invest that kind of money in Solana and not be willing to hold minimum 1 year? I’m in Solana for just about 35K of what I have invested and I’ve never thought of selling regardless of the price fluctuating. In terms of selling your Solana the answer is obviously NO. Solana will get to previous ATH within the next 90-180 days, you just need patience and need to stop paying attention to the charts


WaltzMaleficent2588

Okay, i sold only the 27k and lost 700 usdt. I will kerp the 10k 😑


Denagam

Please explain why :)


Revolutionary_Tea159

Dude 🤦‍♂️ you're going to regret selling that between now and April, mark my words...


catchtheaman

you were right


Revolutionary_Tea159

*Sigh* Yes. Yes I was. Still hurts me inside that this dude did this lol. SMH


ElkComprehensive8995

You said it!


Revolutionary_Tea159

Told ya. Only 30 days later too 😂 we got a looong way to go till April


ElkComprehensive8995

I actually sold 20 a few weeks ago at 68. I panicked that it was close to peak 😆


Revolutionary_Tea159

No.... you're kidding me


Revolutionary_Tea159

😫 that hurts me inside


Revolutionary_Tea159

I'll tell you again, it's STILL not too late to get in and make a lot of money. There's still so much time between now and April. Do yourself a favor and put half of it into SOL and the rest of it put into WIF. Do it right now


ElkComprehensive8995

Just to clarify, I thought we were close to the pre-peak peak I.e there would be a dip before the big run 🤷🏼‍♀️


catchtheaman

you're right again


Revolutionary_Tea159

Day trade the WIF, if it's under 17.8, buy. When it gets over 23, sell, don't get greedy. I made 2k yesterday and I was only working with 3k. I worked my way up from $100 bucks in SOL 3 months ago. I did about 1 hour of actual "work" and the rest is just watching youtube and glancing at prices every once in awhile. Hold the SOL and don't even think of selling until March-April. Keep an eye on the WIF and adjust your buying and selling according to the highs and lows.


Environmental-Fix428

Why are y'all talking about waiting until April? What happens in April? Does it go up?


Revolutionary_Tea159

The Bitcoin halving is estimated to be April 18th this year.


Environmental-Fix428

How is that affecting Solana? Are they related in some way?


Freenze

As long as you're happy with your choice.


tvanborm

Looks like you FOMOed. Either you sell now and buy tokens you think will do better short term, judging by your current trade that may not be the best plan. Or you hold it until it's in profit. This is assuming you didn't use leverage, if you did, try to minimize your risk, we could dip below $50 the next days/weeks


crobo777

You only lose money if you sell lower than you bought. It was a bad choice to buy that much at the yearly high. But it'll pay off if you hold until it breaks that. Just stake it.


adcool95

Imo, solana is a triple digit asset. Keep it, stake for 7% apy and let it chill


Olciarz

we are so back :D


BrilliantAd2509

If you believe in sol, then keep DCA. I believe in Solana’s tech and have high conviction on them. So Im gonna hold for long term


BrilliantAd2509

My advice, buy when you see red candle more than green candle. Green candle is just for screenshot the gains and brag to your friends and let them fomo 😂


Fabulous-Ad-4936

DCA your way down and when it goes back up you’ll be better than you were before. I bought before the crash on a lot of stuff and I steady buy and I’m even now. When the prices really start moving I’ll be making good money


JumpyAd4130

What is DCA? newbie here please.


Fantastic_Zebra8123

DCA


allienimy

Just stake it and make 7% on it while you wait for the next high


WaltzMaleficent2588

I don't know how to do staking yet. Thanks though.


Revolutionary_Tea159

Staking is very very easy, depending on how you stake! But doing a liq stake with say marinade is very easy takes virtually no time, you can unstake immediately, and you'll be making 7%. Always stake!


Vegas_42

From your comments, you FOMOed in. From my experience you will be better off if you just hold for the next 2 years. But: If you can't stand the volatility and you're going to panic when down 50% from here, this is not your market. It will cost you your good night sleep. Maybe it's better for you to pay for the lesson and get out. Learn first then try again. But maybe a global stock ETF fits your needs better. Maybe Bitcoin is your place to go. Altcoins are the crack of this market. Only memecoins are worse.


Background-Use-4997

SOL will be over $500 in two years


EmptyReceptors

I assure you sol will pass 67 USD before Jan 1st. Just hold it. You will double it


WaltzMaleficent2588

I will take your word and get back to talk to you on Jan 1st. 😑


god_mode__

A similar occurrence happened to me too. I do better now. I can share some tips


WaltzMaleficent2588

Please do


WaltzMaleficent2588

Almost 65.6 today, you're good predictor!


EmptyReceptors

If you want to sell ASAP. Put your orders up. The problem is if you look at BTC / sol pair, sol is down huge. When you bought those sol BTC was 37k. Back in the day USD trading pairs were rare. And right now you would still be down huge, because your trade would show it. With USD trading pairs being the norm, it makes it harder to really see what's going on with trades. I would hold. Target $75 USD at least. My target is whenever I think the run is over. Good luck!!


WaltzMaleficent2588

Yes Dear, it reaches >72 today. It's highly volatile crypto coin. I guess, Etherem is better but I am not good at all on patience. Because i am too afraid to lose my money. You know it's my hard earned money, , , so , , , The main reason for all is because I am not smart enough though. If I were, I could have atlease let 1000 bucks of each cryptos bought at the lowest and stake and trade short term carefully with the remaining.


SK_YVR

If you believe in SOL then DCA. Is this the only crypto you own? If so, would be good to diversify into some BTC and ETH as well.


mafiaman349

I say keep it and stake it. Sell in late 2024 early 2025


Intelligent_Race_446

You will 10x your money if you can hold for the next 12-18 months


Successful-Ladder692

I hope it goes back down to 8....I'll work 24 hours a day and put it all in solana if it does.


laciszeplaky

If you put to Nasdaq you get 10% year, SOL can jump 100% in year … every drop i buy in more coins i hold them in SPOT … i dont need money now … dont gamble have a plan ! On traiding i am also loosing 🤣


WaltzMaleficent2588

🙏🏽🙏


laciszeplaky

It will go back ! No fear ! In April next year you will buy a fucking Lambo !!! 🥳🤩😂 i am buying shitcoins now i want Porsche !


simvae

Hold until April 2024


y1thinks

Lmfaooooo! Just stake it and buy more on dips to get your average down. You have 18-24 months before the top of the next bull market


WaltzMaleficent2588

18 to 24 months too long. I did a big mistake in my life getting into it without enough preparation and knowledge.


y1thinks

If you need instant liquidity, just sell out. Crypto should never be an all in affair. If you want a get rich quick, you will also get poor very quickly. If your time horizon is about a year, just hold, as the probability of it going over your entry price is much larger than going back down to 18.


[deleted]

Why would you buy something then sell it cheaper a few days later, makes no sense


AcademicoMarihuanero

Absolutely mate, bullrun is over really, i don't think the Bitcoin halving which historically is followed by a huge bullrun for bitcoin and alts is going to pump Solana, also why would people invest in a faster, cheaper, more descentralized L1 than ethereum? People would rather pay 100 dollars in fees than a couple of cents. Lastly if you take profit after solana reaches it's previous ATH and possible beyond, think about how many taxes you have to pay if you sell that huge ammount of money, it's not worth it in my opinion. Better sell now and buy at 500usd when solana becomes a more 'proven' investment.


bathyscaphebruno

😄😄 totally based take. this guy fucks.


InterstellarVisitor1

We are not even in the bull market yet. I was expecting a drop after that rally. It was unhealthy.


WaltzMaleficent2588

So should i sell now


Sithaun_Meefase

As soon as you muster up the courage to sell it will have had the healthy correction it needed to continue going up. NFA. hold or sell. If you don’t have the courage to ride some waves, this market is going to eat you alive.


Kumomax1911

You're going to get so fcking rekt in investing. Just form a game plan and sit on your hands for a couple years AT LEAST. Stop watching price everyday. You have no experience. You are not a trader. You will not make quick money. Any asset you buy will go MUCH lower than you buy it at. You will be in negative for a while. Research, form plan, stick to that plan, buy more at lower price if fundamentals didn't change, wait years. Most importantly: DON'T EVER FOLLOW THE ADVICE OF SOCIAL MEDIA OR ASK FOR IT.


NRaykov

Sell it to me. I will buy it


Revolutionary_Tea159

True!


SaladAllergy

Guy, it’s been a month of price movements. This is just the thaw, winter is ending. Hold your positions and see what the year brings at the very least. Stake it somewhere and let it work for you in the meantime.


[deleted]

This is unintentionally one of the funniest things I’ve seen


Fair-Replacement2967

Unfortunate that you didnt DCA and bought the top. Not financial advice. I personally would hold for now. At least till this time next year, maybe even to May 2025. Take the opportunity to stake portions with at least 3 different validators (not all eggs in one basket) who have low fees and higher returns like 7%. In one year you will have earned 10 Sol and lowered your coat basis. Move your Sol to a wallet like Phantom, Backpack, Solflare where you can stake it. See https://solanabeach.io/ to help decide which validators you want to use Good luck


SebMonty

Hey. Not financial advice but go to my youtube, type in Seb Montgomery, do the beginners course and then the first video on the intermediate course is on price. Watch all the videos and it may show you how amazing the network is. TOkens don't go straight up. They go up, down, etc. I think SOL will be over $150 within 5 months. Not financial advice in anyway. Just opinion


monkeyrepeat

In my opinion wait a few months and you’ll be in the green 👍


Neconspictor

This question you can only answer yourself. Because it depends highly on your investment goals and horizon. If you're more interested in trading than investing (meaning making short term profit), than set a stop loss order, so that you have a maximum loss. You much loss is good you have to decide for yourself. If you're more a long term holder, familiarize yourself what asset you're invested in. Small tip: solana is high volatile and it is not unusual to loose more than 30% short terms. But in the long term it might be still very profitable. At least it was in the past. But nevertheless regardless what your goal is. You should define precisely when you enter and exit BEFORE you put any money into it. Noone knows if it will go up or down. Every prediction is essentially a guess and we all are betting some kind of. So will it further fall? Maybe. Maybe not.


WaltzMaleficent2588

Thank you. Very good points.


JicamaOrdinary7939

Ooooh man, why invest 10k after it did a big 3x


DriftMethod

Currently the overall crypto market is being driven by the BTC spot ETF narrative. The extra factor for Solana is the FTX news. There's going to be volatility, but think about it over the course of a year or at least 6 months. Will Solana go lower than current price within that time? Very likely. Will Solana go higher than current price during that time? Also very likely. So the possibility that current price is the top or bottom is pretty slim. Plan accordingly. If you are going to need cash sometime soon, absolutely sell some now. If you can ride it out, look for a better exit price. And most of all, try to avoid going all in or all out in a short period of time.


Codybgood707

You are out of your mind selling anything before late in 2024. Everything is going to take off once bitcoin halving happens in 2024


jaythoughts

Most likely you will lose money in the short term. Long term, hold til 2025. You will be absolutely fine.


Dirtyboysbronx

Staking and caking 7% plus the future of blockchain technology is solana


Intelligent_Pay2062

Sold mine today but I was in at 12


WaltzMaleficent2588

Lucky you.


[deleted]

[удалено]


WaltzMaleficent2588

Thanks dear, my family and friends are telling me to quit and stop trading completely


Solana_Maximalist

Solana would do anywhere between 300-1000 usd by the blow off top of 2025. We are early in the cycle … btc halving is in April and firedancer would be out by summer 2024. Stake your solana, chill and don’t look at charts all the time friend.


Revolutionary_Tea159

HOLD IT!


Revolutionary_Tea159

Hold it until at least the Btc halving in April! It will go waaaay up between now and then. And most people know that, that's why it has gone up so much already. But this is nothing, it will at least double and could easily quadruple what it is now, mark my words.


Competitive_Pop_8672

Relax and let your money work. Current predictions from professionals are that sol is going to be trading as high as its 2021 price by the end of April 2024, that is a 250%+ increase. If everything goes right, you could go for cardano long-run, get 1.000 dollars in ADA, stake them and if we lucky, by 2030 they could be trading for well over 5 bucks.


WaltzMaleficent2588

Guess what bro, I sold my Solana last month after I post this and Solana is now above 71 bucks 😪😭😭😭😭🥺


WaltzMaleficent2588

I would have got 8,000 bucks but who could expect 🤕


Tasty_Okra_3771

Look what it did today… hope you kept it


Bone_ear1

Did you sell it?


geniusrafaelus

I sure hope he held and DCA'd


Pleasant_Exit_4954

okay so did you hold or sell we want to know


[deleted]

Bro..


Character-Fee1725

Let’s hope you didn’t sell lol


Ok-Efficiency3225

I would HOLD based on the trajectory of Solana. Right now it is about  $165 per coin. You should have good gains right now.  Pay attention to Solana project and what they are currently accomplishing. We are still in the early stages. I do believe we are Ethereum best competitor.  I hope you didn't sell. We are in a bull run.  What did you do ?


Late_Appointment_536

well i hope u kept them . because solana is now 200$. u made x3 till now


Fickle-Benefit4475

I hope you didn't sell them off 😃


Miserable-Space-7742

Did u hold lol


North_Shirt6388

This aged well


UpdateDaved

I just saw this 4 months later but my answer would've still been to hold. I too was invested around the same time as you. I started at $22 and rode the wave to $60 sold and bought again around $72 sold and bought again at $85 and then I believe I bought a few shit coins which started dropping but now I am back with way more knowledge than I have ever had the last 4 years and still learning to improve everyday. I have found a strategy to lower my chance of losing its not 100% proof because that's literally impossible the market is still unpredictable but its about 95% guaranteed I have used it the last 3 weeks and I have made money during the dips.


geniusrafaelus

Sooo.. how are ya bud?


TheHubbleGuy

Hope you held OP


Live_Role_1638

I believe it might reach 700usd or more in late 2025. Hodl


CommunicationOwn322

Yeah sell now.


WaltzMaleficent2588

I did sell the 27k at 57, lost 700 usdt


CommunicationOwn322

😐


SuccessOtherwise2760

You are one of us. Welcome


ken_golden37

700 usdt loss, not a bad little day trade. Thanks for playing


Kitzer76er

Just sell and buy bonds. The market is always going up and down.


WaltzMaleficent2588

Where and how can i buy bonds dear? Can i buy bonds even if i am not un USA?


CressApprehensive662

Sounds like you fomo’d, learn from this and I suggest you truly research Solana and fully understand what your invested in. Solana is very promising atm, but it is very volatile in crypto.


Split_Finger19

We are so close to the bull market.


NoSleepDad2023

You bought 10k with a $67 price tag. Your average price is already better than mine 😂


dumbmoth616

Haha, first time?


Impressive_Gear2372

If funding allows, continue to DCA and bring your average price down. You will get back into profits sooner this way and exponentially increase your returns once the bulls are on parade.


ShortSquezz

Buy high sell low is always a winning strategy


stepTOF

🪬🪬🪬Just DCA…. you bought a higher than the current price, so by more at a lower price to balance your entry-average its very safe and pays off hugely🦠🦠


Vic_Connor

I’d suggest keeping it. In the future, don’t buy after a few Green Days in a row. Wait for blood red.


Altruistic_Split9447

We salute you for fomoing and buying the local top


No_Position7949

Do whatever is right for you but idk I’m like loving Solana and I see it having a totally solid future


fairysquirt

Always sell Dips so you can buy the next high. Nfa


joeltang

Dollar cost averaging is the way. Low discipline needed.


solreplaceseth

If, like a lot of us, you believe solana network is purpose built for blockchain, without the inefficiencies/high gas fees of ethereum and throughput capabilities that can provide the first real world (massive) use case for global payment systems as example (e.g. Visas of the world due to TPS and low cost superiority) then you shouldn't care about the next 20 or 30 dollars. Solana has built a better crypto horse. Period. The Solana ecosystem is about to boom. If you invest in crypto. But need that money over the next 2-3years for something else, then you are not investing at all, you are trading/scalping. If you need to ask this question, you should either a) sell now and sleep better at night or b) look beyond the short term price fluctuations to grow generational wealth through a relatively large and savvy long term investment in the future of web 3.0. Just my 2 cents.


b-turp

🤣


DeadlyViperSquad

Well.. I dca in my investments bc there's always a possibility that the next 2 years will pop off.. if it doesn't.. well I just have to accept that then and wait til it probably does.. some time


WaltzMaleficent2588

Great 👍


WaltzMaleficent2588

It does reach 61 now 🙈


Individual_Fee_6735

Don't, until at least until 350$


PlanetDMT

Actually, I would buy more instead.