Caught that nice run from 17k to 56k. Threw some extra SOL into the position to average up and secure the move. Looking at 3-4x returns on this play, which isn't bad if the momentum holds. The key was riding the wave without overthinking it—sometimes you just gotta commit when the chart tells you to.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
4
Repost
Share
Comment
0/400
GasWaster69
· 11h ago
Damn, 3-4 times? That's real chasing the high. I like this straightforward, no-nonsense approach.
View OriginalReply0
LiquidationWatcher
· 11h ago
ngl that averaging up move is exactly how i lost 40k in '22... momentum feels good until it doesn't, yeah? health factor holding up on that position or we playing with fire here
Reply0
mev_me_maybe
· 11h ago
Well, this time the bottom fishing was quite aggressive, but adding to the position still had a bit of a gambling element to it.
View OriginalReply0
TokenStorm
· 11h ago
17k to 56k, the technical aspect does have some strength, but holding 3-4x in this wave would already be good. The key still depends on how the on-chain data performs moving forward.
Caught that nice run from 17k to 56k. Threw some extra SOL into the position to average up and secure the move. Looking at 3-4x returns on this play, which isn't bad if the momentum holds. The key was riding the wave without overthinking it—sometimes you just gotta commit when the chart tells you to.