After previous drop down SOL price gained kinda artificially the price.
Sol can go to re-test previous lows.
Sol can touch 12-15 price range again.
After previous crash of SOL i saw a lot instutions money inflow i guess they want to take it back from the retail those who bought in by fomo.
Whatever the case Will be Im short with SOL now and market lose the bullish grip Im expecting the 12-15price really.
Reason for that becouse price of SOL been pushed up " kinda artificially"
Usually i dont trade but when i see good opportunity then i trade only Im not trader but more like Dca investor.
I have my own style : "dca until support and resitance by % "
So If i have time i check markets what to trade. But i know it's bit of risky i'll better just do the dca like all the instutions does it
Your comment suggests that you are looking at SOL as a trade rather than a long-term investment. Your opinion is based on technical analysis and the expectation of a possible drop in the price of SOL to the level of 12-15 dollars. However, as with any trade, there are risks, and therefore it is important to have a clear plan and strategy for getting out of a position if the market goes against you.
You're right. He is a mix of both trader and investor but more of an investor.
He only trades when he saws a good opportunity (he quoted). Trading is mostly based on technical analysis and he already knows something about it so why won't he try it and see if he can make something good.
He is aware that trading is risky but he can always opt for smaller amounts. That should lessen the risk that he will be getting. He may only get smaller returns but it will still be possible to build it up slowly. If all fails, don't worry because he still have a back up and that is his investments on the side. He can still be able to recover his losses in trading and possibly get some extra profits with it.