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.
If anyone knows when a coin gets to yhe bottom, or when a coin will get to the bottom, then everyone will have been pretty rich by now, and I don’t think anyone will be losing money, but the issue is not nobody knows that, and anyone that tells you he or she knows that is just deceiving you.
When investing, it’s always recommend to make use of DCA Strategy, you can keep on accumulating your coins gradually, even if the coin keeps on dropping, its at your own advantage, because you will be given the opportunity to buy at a lower price, but if you are waiting for the bottom before buying, you might end up buying when the price has bounced back already.