Market Analysis
It’s rather funny to say, this year I’ve only played with two cryptocurrencies, one Ethereum and one Solana.
Talking about Ethereum, I decisively entered the market at 1800, and then kept averaging down to 1400. Was I panicked? Absolutely, because my entire investment was at stake. But I believe that Ethereum will definitely reach over 4000, so I held on. From March to mid-August this year, I was really disgusted; I’ve never held onto a cryptocurrency for so long, and it was quite frustrating. But fortunately, there will be times when the wind will break the waves, and we will sail through the ocean. I also achieved a decent result.
Now I’ve invested in Solana again, and this time the strategy is different from Ethereum. Last time, I invested two-thirds of my position directly at 1800.
This time with Solana, I buy almost every day; I buy when it dips, and my long-term target is still 500. Regardless of whether others believe it or not, I trust my judgment because we’re currently in the early stage of monetary easing; the bull market will at least extend to the end of the year. I’m not afraid; I’ll just go for it and wait for prosperity to bloom.