If we get the brutal 3 year bear run, these are the levels I plan on buying SOL. Veterans of last bear run would not be shocked if we saw 90-98% drops on major coins, regardless of their fundamentals. Even ETH dumped 94% last time.
This is one of my contingency plans - obviously not advising anyone to follow suit. I still have some alt suicide bags. That said, in my opinion it is a good idea to have cash handy for these possibilities.
Blue - dip toes
Green - long accumulation
Purple - go all in
(exception is if the project dies, otherwise I think these bags would make me a happy man in the next bull run.)
This is one of my contingency plans - obviously not advising anyone to follow suit. I still have some alt suicide bags. That said, in my opinion it is a good idea to have cash handy for these possibilities.
Blue - dip toes
Green - long accumulation
Purple - go all in
(exception is if the project dies, otherwise I think these bags would make me a happy man in the next bull run.)
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Pretty much nailed this one.
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I don't know whether it's wise to sell the farm and buy this one right now, but it's probably not a terrible place to buy a little.
Update