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Hi Team

As you know I have been scalping in and out of GOOG SOL MSTR BTC but now it is more of an accumulation time. 

I got some SOL per the model today at $39.56 

Thesis:

  • Funny when I look back, most of my additions to SOL were at $8, $20, $35 and $50 and $60.  Buying now under $40 is still cheap. 
  • The chain has more DAU's than ETH 
  • More Transactions than all chains combined.
  • It is also trading at 1/14th the market cap of ETH which is just nonsense. 
  • SOL is lagging ETH on the SOL:ETH pair and I believe it will catch up 

We are not out of the woods but the gray clouds are dissipating fast. 


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Anonymous

I’ve been thinking/looking to re-enter the space.

Anonymous

Seems like I always regret FOMO. If I were to enter now I would make a small buy or wait for a retrace.