ANYTHING IS POSSIBLE IN THIS MARKET!!!
In September 2022, my husband and I received a gift of US$5000 as our wedding gift. It was that same year we started trading so we decided to invest the money into the market. Fast forward, we bought US$3000 worth of Solana(Sol) at US$32. After realizing a little profit, greed set in and we decided to go all in without a STOP LOSS.
We kept making profit until one evening in November 2022, where we excitedly went all in again without a STOP LOSS. That was when doom smiled on us. We woke up the following day with the news of the collapse of FTX and we saw our account dropped to almost nothing. We painfully checked out when Sol got to US$8.
With that deep loss, we never went back to the market until somewhere in May 2023. This time round, we traded Atom(Cosmos) but a similar fate still found us because we were neither disciplined nor using the right strategy.
However, we later saw our baby (Sol) rose to over UD$200 this year and we kept regretting and wondering what our account would have been doing now should we have waited and not panic-sold.
Now here is the catch, anything is possible in this market but you have to learn to choose your RISK.
Just as some looked on to see LUNA drop to nothing; the same way others looked on to see SOL rise to over US$200. You have to CHOOSE your CHOICE.
This is not in anyway a financial advice; you have to do your own research.
