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A fan asked me yesterday what’s good to buy in spot market👌🏻I told him if you haven't built a position in SOL, buying spot around 85 is a relatively good entry point. I personally look at 80, but it may not reach that! So for those building their first position, buy a batch around 85 first, then if it drops below 80 or 77, buy some more respectively! This way, you can attack when advancing and defend when retreating! It’s considered a relatively ideal state🚀
BTC0,7%
SOL0,68%
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ProtocolPaladin
· 37m ago
85 first initial position + buy more after breaking below 80/77, this rhythm is suitable for spot traders, not chasing the rise nor fearing missing out.
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PuddingMarketMaker
· 04-23 12:22
I'm also waiting around 80, testing the waters with a small position first.
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LeverageWithdrawalInProgress
· 04-23 05:33
SOL's batch-by-batch position building is quite steady; the key is not to go all-in at once, but to save some bullets and wait for the move at 77.
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BluePeonyPlan
· 04-23 02:45
Do you have a specific take-profit / stop-loss plan? I generally focus more on position management in spot trading.
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BlueberryStakingMachine
· 04-23 01:10
This kind of strategy, which is both offensive and defensive, is suitable for beginners. The worst thing is to listen and then go all-in immediately.
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MetalRoboticArm
· 04-23 00:54
It's okay to eat around 85, but I will be more conservative and wait for confirmation of a bottom before adding more, otherwise it's easy to get shaken out mentally.
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Ryakpanda
· 04-23 00:50
Buy the dip and enter the market 😎
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GateUser-991fc58a
· 04-23 00:49
The fundamentals of SOL are fine, but in the short term, it still comes down to sentiment and liquidity. Placing layered orders the way you suggested is more reassuring and lets you feel more at ease.
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MountainBeforeTheStorm
· 04-23 00:47
We share the same view. I also prefer to add positions in the 80-77 range, and consider 85 as the entry fee.
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TransparentDome
· 04-23 00:44
The 85-point batch ambush strategy is feasible.
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