Breaking News! Solana soars!
This is from the smaller Luno Account where I invested RM147,000 in mostly Bitcoin, with a bit of Solana, XRP and Ethereum.
Just look at the Solana charts and my mindless DCA trade - basically, as I expect we enter the Alt Coin season over the next few weeks / months, lower prices is a "gift" and my simple strategy - despite being very busy at the office - is just enter successive orders at lower prices to do DCA ...
My last fill was to buy Solana at RM780 on 13 Jan.
Right now it trades at RM1,146 or +47% gain in less than a week!
How could you not get a good result when the market is so strong?
I shared this with my staff - you don't need to be a good trader, you don't need charts or TA or trading skills - all you need to know is how to find a strong market, and then, as you expect the markets to make new all time highs, every temporary low price healthy dips is a Buy.
It's not the paper loss that matters - it's whether you have a position or not that matters!
Now, if only Bursa offers a Solana ETF to Bursa traders to trade ... if only ...