SOL is one of the hot topics in this bull market

The reason is very simple. The stock price rose well in the first half of the year. From the bottom of this round, the average price was 15 US dollars. If you hold it until now, you will get nearly 10 times the profit.

If the stock price rises well, the popularity will be high, and retail investors will naturally pay close attention to it.

So is SOL still worth investing in now?

It depends on your trading level

If you want to do short-term trading, you can

Short-term trading is about short-term, frequency and speed. There are many opportunities every day. Even if SOL rises 10 times, it has nothing to do with short-term trading.

Because the scope of short-term trading is to catch the fluctuations of a few points. According to the trading system, you can identify the buying and selling points, and accumulate them into a lot. There are opportunities every day.

If you are doing mid-term, you need to consider more factors. You need to know whether there are any major positive news, breakthroughs, or hot spots in the near future.

If it meets the requirements, you can use the trading system to check the daily market, find the buying point, formulate a strategy, and sell when you see the daily peak signal, and pocket the profit.

If you are investing long term, there are more factors to consider. We need to consider the fundamentals of the sol currency.

Is it currently undervalued or overvalued by the market? For starters, Sol has risen 10 times, with a market value of 500 billion, ranking fifth.

Assuming that we advance two places to reach Ethereum's current market value of 2 trillion, we will gain 4 times, but this seems very difficult and requires further analysis of Sol's fundamentals and future market.

If you think that sol is a good long-term investment, whether it is 1x or 2x, then according to the trading system, find the buying point of the callback, execute the strategy, and sell it in time when the peak signal appears.

No matter how much you gain in the end, 99% of the time you will make a profit if you can identify the buying and selling points based on the trading system.

But without an executable and replicable trading system, trading becomes a matter of chance.

The above is based on SOL as an example. Regardless of the currency, our transactions have two core focuses:

First: Be sure to define your trading level before trading

Don't do that. Short-term investors expect the stock price to rise several times, but end up with their funds locked up. Long-term investors may be scared when they see a big negative line and sell it quickly.

Second: You must have a trading system

You will find that no matter what currency anyone recommends to you

You need to judge whether you can buy now, when you can buy, how many times, and what is the timing of each time based on real-time.

After buying, when and how to sell so as not to miss out on huge profits or get stuck with profit taking

If you don’t have a complete trading system that has been tested by the market and has survived bull and bear markets,

There are good investment opportunities in the market, but you will miss them because you don’t have a trading system. A profitable transaction at the beginning will end up being trapped because you don’t have a trading system.

When you master the above two points, you can judge the opportunities in any currency you see, and make your trading behavior into a machine-like, positive cycle, and no longer be troubled by emotions, market, and news.

#sol链 #特朗普当选概率上升

If you want to seize this bull market, it is definitely too late to learn and sell now.
It would be great if someone could get you started quickly.
I am Hongjie, welcome to communicate