Recently, I started actively accumulating Solana (SOL) – exactly two weeks ago. The initial price was around $144, and I managed to catch the bottom at $103 per coin. Currently, the average entry point is at $127 with a total investment of 42,800 USDT.
Nevertheless, the market has pulled back significantly during this time. Looking at the current quotes, SOL is trading at $91.23 – a 36% decrease over the month. It turns out that although I bought at "good" prices two weeks ago, the position is already in a slight loss at the current rate.
The strategy was to average down on dips. I managed to accumulate a substantial volume, but as seen, SOL's volatility continues to pressure the short-term results.
Any thoughts on Solana's future movement? Should I stick to the averaging strategy or wait it out? #solana $SOL
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Recently, I started actively accumulating Solana (SOL) – exactly two weeks ago. The initial price was around $144, and I managed to catch the bottom at $103 per coin. Currently, the average entry point is at $127 with a total investment of 42,800 USDT.
Nevertheless, the market has pulled back significantly during this time. Looking at the current quotes, SOL is trading at $91.23 – a 36% decrease over the month. It turns out that although I bought at "good" prices two weeks ago, the position is already in a slight loss at the current rate.
The strategy was to average down on dips. I managed to accumulate a substantial volume, but as seen, SOL's volatility continues to pressure the short-term results.
Any thoughts on Solana's future movement? Should I stick to the averaging strategy or wait it out? #solana $SOL