A story of How I Met Solana $SOL Last Year, and At What Price
As some of you know that, I have joined crypto last December.
When I joined crypto I started studying the coins, because I wanted to invest in the good coins only.
SOL was one of the coins I wanted to buy after I did my research.
At that time SOL was just $59...(Can you imagine? just last December it was around $60 and this December it has crossed $260)...
The coin was a bit slow in the beginning like all other coins. The situation was similar to today, as we can see all the coins are either moving slow or not moving at all.
Somewhere around 20th December the coin started moving at a fast pace. And from $60 it reached $80 and I, as a beginner was not much aware that it will further increase, so I sold the coin. Can you imagine I just sold everything at $80 😥
A few days later it reached $90, I really felt bad, but obviously I couldn't buy at $90. And then some more days passed and it reached around $120 😳😳 That's where I really felt bad and I became very very sad.
But that day I learnt a few things:
1. Take profits at different stages but do not sell the whole token(s) at all, specially if the coin is so powerful.
2. After taking your profits, wait for the dip (SOL later dropped to around $90) and fill your bags, that will increase your profits.
3. Even if you want to sell the coin at certain point after taking your profit, you should sell everything. Just keep some amount in the coin and sell rest of it and re buy when there is a dip.
4. Don't be hopeless with the slow movement of the coins and start selling the coins, eventually the coins will start running in the upward direction and it will be so quick that there are chances, you will miss that move.
5. Be patient and just wait for the movement of your coin.
6. I know SOL has been very slow in the past many days but I believe it will eventually start moving upwards and keeping in mind the last one year's movement it may reach around $400 and above in the next December. Let's see what happens to SOL?