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老实说,从这个角度来看,市场看起来并不好。
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Why do markets drop? 2 Reasons. #1 Making profit What's the purpose of buying if you are not going to sel at some point? And why do we sell? To make profits. #2 Buying at cheaper price. When you are a market maker, or even a small whale, you have to ability to control the price of the asset, shift the market the way you want in your favor. If you have got a dollar, and that dollar can buy you an apple, Why not buy 2 apples for the price of 1$? How? By Stiring fear that the apple will rotten in your adversary's hands, so he will sell you his apple for half the price, only for you to sell it for a dollar and a half. That's how things are run in crypto.
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Don't do my mistake 3 years ago. Three years ago, i bought around 20,000$ worth of solana at a price of 95$ each. Back then I was so inexperienced and without any knowledge, hoping it would go to 150$ and i would be making around 10,000$ in profits. At this time, Solana was retracing from a 231$ High, Something which seemed possible to reach again, to my knowledge it was on a downward path with no stopping all the way down to 15$ Luckily, and for some reason, i sold my Sol's for just 5 $ profit on each SOL. Afterward Solana dumped from to 9$ on Dec 2022 "You can revise the chart for the period between "Jan 2022 to Dec 2022" If you are thinking about buying solana right now, and this price level, you are doing a crazy move. So when to buy? Wait till a major retracement happens and you can enter, that way you can at least have a better entry and put your stop loss at that entry and you are in a riskfree trade. #N4G
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As for #MDT Our entry was 0.04741 $ if you want to sell your bag, it's up to you. As for me, I'm holding and told my people to hold. Your call. #N4G
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It's now unclear what's going to happen next, the market looks bad from a technical view yet it's pumping.. so, that's the time you sit on the side line and watch.
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