I was thinking of buying some Solana if the prices keep falling, then riding it to massive profits. Good plan?
Just need to figure out why coin prices are crashing, and where the bottom is. I have 6 grand in cash to invest, but I'd have to put it in the bank to get onto the crypto exchange. There's other ways but they charge too much of a fee for me.
What you need to know is that Solana has reached its ATH this season and has dip around 40%+. So I can't give any advice but in this condition I prefer to use a scalping strategy to gain profit gradually rather than spending all your money.
The most important thing is that you don't think too much about profits and the lowest or highest prices, but you must have a certain strategy to reduce the risks that can occur.