🚀 Got stuck in a SOL trade? Here’s how I turned it into an opportunity!
About 10–11 days ago, I bought 0.339 SOL at $147.2 (total ~$49.9). My plan was simple: sell it at $153 for a ~$2 profit. But the price never reached $153, and I was left holding my SOL. 🤦♂️
Then I got an idea 💡: 👉 Why not try Binance Dual Investment (RFQ) instead of waiting?
I explored the options and found APRs between 3.66% – 84.36% depending on target price & settlement date.
Here’s what I finally chose: ✅ Target price: $152.5 ✅ Settlement date: 4th July 2024 ✅ APR: 32.21%
So now, on the settlement date: 📈 If SOL goes above $152.5, my SOL gets sold and I’ll receive around $51.94 → profit locked! 📉 If SOL doesn’t reach $152.5, I keep my coins and still earn more, ending up with 0.341766 SOL instead of 0.339.
Either way: Profit! 🙌
What do you guys think of this strategy? Instead of letting coins sit idle, why not make them work? 🔄✨
1. Entry Point: Best to enter around 24.50–25.00 if a pullback occurs.
2. Stop Loss: Should be set near 23.50 to minimize risk.
3. Take Profit: Targets could be set around 28–30 based on current momentum.
4. Caution: RSI above 70 suggests the market is overbought, so a correction may happen soon.
This analysis suggests that while the trend is currently strong, it's essential to manage risk properly and watch for potential pullbacks before entering a trade.
According to my information, the US Securities and Exchange Commission has been granted permission to proceed with a case against Coinbase, which could potentially lead to a market dump. Be cautious.
$POLYX Dear, be a little cautious. This coin is at its premium level and can fall at any time. Avoid holding too much and consider pausing long-term trades for now.
$RSR Hello everyone, I believe that whales are enjoying themselves by triggering your stop losses in RSRUSD. Some people may be making profits, but many others are suffering losses. For those who are profiting, keep doing what you're doing, but for those facing losses, I advise you to close your positions and invest in other coins. There are some coins like POLYXUSDT, ICPUSDT, TOKENUSDT, which can potentially recover your losses. Analyze the 5-minute chart of these coins and recover your losses.
$FRONT It seems like you're talking about a risky situation regarding a coin investment, suggesting that it's going to reset all funds. If you've taken a short or long position, it's best to exit immediately to avoid potential losses. Take whatever profit or loss you have and consider investing in Bitcoin (BTC) instead, as there's hope for returns there. Otherwise, there's a risk of losing everything in your wallet.