SOLana, APTOS and SUI comparation of the first three months after launch.
It suggests a successful accumulation period of SUI below $1.2 for the next two months, valid for both short-term profit and long-term Hold.
It suggests a successful accumulation period of SUI below $1.2 for the next two months, valid for both short-term profit and long-term Hold.
Trade active:
I stick with my DCA strategy as it is based on an accumulation period rather than a particular price path. The fact that there was no selling cascade after breaking support keeps me optimistic for the next days/weeks.
I have read a lot about the crazy token distribution program. Those who wield it forget the fundamental thing: any future known news is already priced. The market is ahead of the news, always. If the price is what it is, it's because it worth it.
In such an actively studied token, if anyone is confused by the distribution policy, it's retailers holding back to get in, who will be forced to deal with FOMO later with rising prices.
I have read a lot about the crazy token distribution program. Those who wield it forget the fundamental thing: any future known news is already priced. The market is ahead of the news, always. If the price is what it is, it's because it worth it.
In such an actively studied token, if anyone is confused by the distribution policy, it's retailers holding back to get in, who will be forced to deal with FOMO later with rising prices.
Comment:
Well, it lasted longer than I expected, but I'm finally green. There will undoubtedly be corrections well into 2024, but I'm here for the long haul. Impressive technology.