If we get the brutal 3 year bear run, these are the levels I plan on buying SOL. Veterans of last bear run would not be shocked if we saw 90-98% drops on major coins, regardless of their fundamentals. Even ETH dumped 94% last time.
This is one of my contingency plans - obviously not advising anyone to follow suit. I still have some alt suicide bags. That said, in my opinion it is a good idea to have cash handy for these possibilities.
Blue - dip toes
Green - long accumulation
Purple - go all in
(exception is if the project dies, otherwise I think these bags would make me a happy man in the next bull run.)
This is one of my contingency plans - obviously not advising anyone to follow suit. I still have some alt suicide bags. That said, in my opinion it is a good idea to have cash handy for these possibilities.
Blue - dip toes
Green - long accumulation
Purple - go all in
(exception is if the project dies, otherwise I think these bags would make me a happy man in the next bull run.)
Note
Update
Note
Pretty much nailed this one.Note
I don't know whether it's wise to sell the farm and buy this one right now, but it's probably not a terrible place to buy a little.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.