**$SOL Update: The Art of Waiting & Why You Should Never FOMO!**
Quick update on my **$SOL /FDUSD** trade! My view hasn't changed, and I'm comfortable holding my spot position. This brings up a key point about spot trading: while buying is quick, the real test is the *wait*. Good things come to those who are patient, sometimes for days, sometimes for weeks.
**My golden rule:** Avoid buying into aggressively pumping green candles. This is where many traders get trapped! Markets move in waves; a higher high will eventually find a higher low. Missing this can lead to your position being underwater if the trend shifts to lower highs and lower lows.
**Targeting Profits & Protecting Gains:**
For profit-taking, I'm eyeing the Fib 0.618, 0.764, and 0.854 levels (typically for wave B). If you're already in profit within this zone, definitely consider securing some gains. And for those looking to ride the wave further, make sure you set up your **OCO +/Breakeven** orders. This protects your initial capital and lets you hold with less risk!
Trade smart, not hard. What are your current strategies for **$SOL **?