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.
Only if we could know. There's no way to decide what's the lowest it get. Considering the political scenario at the moment, we are still far away from a normalization but that don't necessarily means crypto would go deeper as there are limits how low people would sell for. Hacks and politics whatever be the reasons, this indeed is a correction after spectacular rise in price. It might have came sooner than people thought but its here. The market could boom anytime or like last time, take years to make a positive change and remain sideways till than. The only thing we could do is buy and accumulate coin and decrease our price through Dollar cost averaging.