Quote from: tvplus006 on December 30, 2023, 05:31:49 PM

Quote from: kentrolla on December 27, 2023, 05:22:53 PM

There are possibilities for SOL going past $200 but we have missed the rally as we should have taken entry when it crossed over $20 but infact I sold it around $24 after taking entry around $8. Now it has increased so much and that too at the rapid pace, If you look at the time taken from crossing $50 and $100 it was real quick and that's when more doubt arrives in the mind whether we still have the time or it's FOMO.

Even if you bought SOL for $20, it would not guarantee that you would be able to hold this coin up to today's price. I think that for many, like me, it is difficult to continue holding coins in a wallet when its value has increased several times.

truest statement about holding to this date, people keep talking about holding from the very bottom all the way up but im 100% sure that majority of people would just sell when they see 30% increase, fearing that they missed the opportunity of selling at peak thinking after this it will go down, only those peolpe that truly committed and have faith toward the coin will hold and they are probably holding until it hits all time high then appear again the same problem about greed when people tries to hold it until it gets as high as it can then unexpectedly around the peak the coin suddenly dumping, which leaves people with unrealized profit now have unrealized loss.
thats the thing with trading or investment, our mental are tested, whether or not we gonna hold, or instead we gonna sell, its overall really difficult to perfectly buy at the bottom and sell at the highest peak basically the all time high because we don't know what future holds.