Today, I made two investment operations on SOL. The first purchase was 10 units at a price of 198.3 yuan, followed by another purchase of 10 units at a price of 195.3 yuan. This investment strategy brought the total investment amount to 3936 yuan, with an average cost of 196.8 yuan per SOL.



The main purpose of adopting a batch purchase approach is to diversify risk and reduce overall investment costs. This strategy can effectively cope with short-term market fluctuations, avoiding the excessive risks associated with a single large investment.

Next, we need to closely monitor the price trend of SOL. 190 yuan is an important support level, and if the price falls below this level, we may need to consider a stop loss to control risk. On the other hand, 210 yuan is a key resistance level, and if SOL can break through this price, we can consider partial profit-taking to secure some gains.

In the cryptocurrency market, establishing a clear investment strategy and risk management plan is crucial. By setting clear support and resistance levels, investors can better grasp market trends and make more informed buying and selling decisions. At the same time, it is essential to keep an eye on market news and project developments, as these factors can significantly impact the price of SOL.
SOL3.64%
View Original
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.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
FlashLoanLordvip
· 08-17 14:58
What are you waiting for? All in!
View OriginalReply0
just_another_fishvip
· 08-16 19:27
It must be difficult to recover to 200.
View OriginalReply0
LightningPacketLossvip
· 08-16 14:25
Really will fall down, fear of heights three consecutive falls.
View OriginalReply0
NonFungibleDegenvip
· 08-14 15:48
ser just aped into sol... probably nothing... wagmi or ngmi but who cares tbh
Reply0
AllInAlicevip
· 08-14 15:48
The buy the dip party is here again, let's talk about the 50% Slump later.
View OriginalReply0
NFTBlackHolevip
· 08-14 15:46
Pumping is really hard.
View OriginalReply0
BottomMisservip
· 08-14 15:43
Buying the dip in batches is really cowardly, just go all in.
View OriginalReply0
ApeWithNoChainvip
· 08-14 15:27
Bought a bit high, brother.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)