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.
If you are a long-term investor or trader, you don't have to worry because your only aim when you see an opportunity to buy at a low price is to buy according to the budget you have,
that's just what those who accumulate crypto assets do in this field of the crypto industry.
Especially now that if you look at the bubble chart, you feel like you have sore eyes, the pain in the eyes when we look at it because its price is all red in the market,
and the pleasure of buying a lot of the top altcoins that are falling.