For about a year I've been trading (basic buying/ selling not using Leverage) Solana on Coinbase, I chose solanaSolana as its fast, slightly more predictable with a simpler price range & fees are low.

I'm probably about 30% up so far.

Initially the aim was to buy low sell high upon each $5 increase and rinse & repeat if possible accumulating extra Solana on each trade, in the expectation Solana would increase in value in the long term.

Buying in the $120- $160 range was quite easy since there is a high expectation that it would hit that price again following each crash, the risk was at the top end, once it reached about $200 would it continue to go up as it did late last year following Trumps win, or crash again to $120 as it had done multiple times.

Buy here $200 and you risk losing if the price dropped and taking the loss, or having a long wait for it to go up again. Not buying and there is that FOMO.

Solana has gone down again and is likely heading to $120 again given the market sentiment on the economy etc..

So another cycle of $120 - $200 is likely coming up. Maybe trading to accumulate $ rather than Solana is the best approach now?

Anyone else do this?

**edit** Aiming to accumulate $ in the expectation Solana will stay within the $120-$200 range since missing out on buying at the top is no big deal if its at the top of its cycle. This rather than trying to accumulate SOL in the expectation future price will go up massively. If this was your view you would aim to be in Solana more than $ being willing to buy high rather than FOMO.

For about a year I've been trading (basic buying/ selling not using Leverage) Solana on Coinbase, I chose solana as its fast, slightly more predictable with a simpler price range & fees are low.

I'm probably about 30% up so far.

Initially the aim was to buy low sell high upon each $5 increase and rinse & repeat if possible accumulating extra Solana on each trade, in the expectation Solana would increase in value in the long term.

Buying in the $120- $160 range was quite easy since there is a high expectation that it would hit that price again following each crash, the risk was at the top end, once it reached about $200 would it continue to go up as it did late last year following Trumps win, or crash again to $120 as it had done multiple times.

Buy here $200 and you risk losing if the price dropped and taking the loss, or having a long wait for it to go up again. Not buying and there is that FOMO.

Solana has gone down again and is likely heading to $120 again given the market sentiment on the economy etc..

So another cycle of $120 - $200 is likely coming up. Maybe trading to accumulate $ rather than Solana is the best approach now?

Anyone else do this?