$SOL has been making waves again. Here's why I like this coin.
It is a more affordable coin that has a lot of versatility. Yes, it has a tendency to suddenly drop, but in the same breath, it has the ability to sky-rocket. Most of my profits are made from this coin. The trick, as always, is to stay calm and watch the RSI. I always buy when the RSI hits the 30s or lower. Then I go and stake those coins to receive interest. Then, when the time is right, I sell and take big profits and wait for it to drop again.
What are your thoughts? How do we feel about Solana?
I am by no means a seasoned trader. This is just what works for me. Happy Easter and happy trading ✨️
$BTC looks like it is climbing again, but does that mean any sort of stability? No, no it does not. I missed the 75,000 price yesterday because I was unsure if it was going to drop more, but I am 75% sure it will drop again. In my opinion, btc will climb for a bit but only because Trump announced the pause in tariffs. This, however, does give some of us a quick breather to take some profits. This tariff pause is only for 90 days. Things can go one of two ways. After the 90 days, btc can drop back down and then some. Or, it can slowly start climbing and stabilizing. For the sake of all traders, I hope it starts to climb and stabilize. Until then, be patient. The market will recover eventually.
I see that $BTC is slowly consolidating but, realistically speaking, it is going to take a long time for it to go back up to where it was before. I know it can be frustrating because we were all counting on Trump's election to make bitcoin shoot up and for us to take mass profits. Alas, it did the complete opposite. Now we are all sitting here, patiently waiting for something to change. Not to mention the fact that Trump has been signing executive orders like his life depends on it, which also affected bitcoin's price. Sure, now is the perfect time to buy again, but I really hope that bitcoin can recover to where it was before so that we can all feel like we're winning again. Stay strong and HODL ✨️
I just read up on the #MileiMemeCoinControversy and I have to ask... What was he thinking? We all know that Trump has been making big waves in the crypto community by backing, supporting and actively participating in it. Alongside Elon, crypto has gained so much more traction than it used to have. More people are investing in crypto now than ever before. Was Milei trying to do the same thing? I do not think that what Milei did was with any malintent, but rather just malpractice. He made a mistake and backed the wrong coin. I think if he had chosen something more stable and reliable, things might have gone differently. It was definitely a costly mistake, but I hope we can all learn from this. RESEARCH RESEARCH RESEARCH 👏👏👏
Since I started my crypto journey, I've always loved investing in $SOL Here is what I have learned so far:
1. It's NOT very stable. It goes up and down very quickly.
2. When it is pumping, it climbs FAST and you should absolutely never panic buy because of FOMO.
3. When it goes down, DO NOT panic sell. It can drop rather significantly and quickly, so you really need to try and keep a cool head. Rather use that opportunity to buy more and then wait for it to pump again.
4. Staking rewards are a very nice added bonus along with it's affordability.
In comparison to BTC and ETH, I prefer Solana right now despite its recent drop. I know that when the tide turns, I'll be making yummy profits again. I just need to chill out and let my staked Solana do its thing.
I am excited to see what $BTC has in store for 2025. I started my crypto journey knowing next to nothing about crypto or trading, but I took the leap and started with a simple $5 and opening a whole lot of red packets. Every little bit I received seemed like nothing, but if you open a total of 0.1 red packets per day, after a while, you have enough to start converting it to a stable coin. I then put all those coins in simple earn and forget about it.
Now, this may seem like a silly and long process, but while I did this, I would do research, I would go read up on how to read candlesticks and trends. I learned what it meant to HODL. I took every opportunity to receive airdrops. Anything I could get my hands on, crypto or knowledge, I would take.
Then I made my first trade with SOL. It peaked and I immediately sold and made a big profit (considering I only started with $5).
I have since learned many lessons, made gains and losses, but I am proud of the work I have put in and the money I have gotten out of it. Anyone can learn to trade, even a silly novice girl like me. Your best friend in this space is research and KOLs. If I can learn to trade and make money, so can you.
After yesterday's profits and losses with #MOVE , #XRP and #TROY I learned some lessons. Don't be hasty. Don't be greedy. Patience is key. Rather sell too early. Don't buy too late.