Longlong's first-hand experience with Sol is quite painful; it has been another arduous process! In the cryptocurrency world, it truly feels like a journey of adventures for Longlong.
On March 1st, the massive unlocking of 41,427,555,230 experienced 38 consecutive days of decline. If Longlong were a woman, she would have been flying all over the country by now. I want to express my opinion on why it fell continuously before the unlocking. Many retail investors have already seen the price drop below 100, at 0.8877982914. Although I am suffering losses and stuck, I remain calm and still have faith.
Because this unlocking mainly involves institutional unlocks, these individuals already hold a lot of Sol. Knowing that they will unlock so many coins later, why didn’t they start selling at high positions? Waiting for the unlocking is equivalent to saying the coins will come back, and they could also buy some at lower prices to make a bottom wave; can you understand that?
Therefore, Longbro believes that as this wave declines amidst panic, I will continue to buy more. Because the so-called selling pressure has almost been released, the Sol ecosystem will rise again! My 5,000 Sol is on the way! This year's first small goal is to earn enough for 5,000 Sol.