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Hey Team

MY GOALS ARE NOT YOUR GOALS.  I AM MOVING TO A USDC POSITION FOR A SMALL PORTION OF MY SOL 15% WHICH IS 0.6% OF ALL MY CRYPTO

THE USDC WILL GIVE ME OPTIONS TO STAY OFF EXCHANGES AND USE DEXES SHOULD A DIP COME

I just swapped 15% of my SOL into USDC at a price of $18.16.

A good chunk of my SOL is still staked.

I just got off the ph with Ran from Banter on the phone, and he said that he believes the "bombs have hit" and that the damage is done, so he feels there is no more downside.  I AM NOT SO SURE. 

I may swap into ETH or BTC, or I may wait for a dip and then swap back into SOL.

Stay tuned... all movements I make I share in real time.

TO BE CLEAR: USA not so imp so I cannot see it dragging prices down much  BTC and ETH are steady and they represent nearly 96% of my Crypto. ... but moved a bit just in case. I do not have options yet else I would hedge my SOL position.

Comments

Anonymous

Wish I saw this post earlier would of sold earlier...

Anonymous

Thank for sharing the move...

Anonymous

Why wouldn’t you simply ride the volatility? I am.

Anonymous

Its a small 15% hedge of his sol position. Its a nothing burger. Some of you are so over dramatic..chill

Anonymous

Last time I sold SOL after FTX it was a big mistake. I’m holding this, Godspeed friends

Anonymous

I'm surprised by this! Thought James would hold all SOL

Anonymous

@James @investanswers @fitpaula so am I. which is frightening.

Anonymous

I'm holding and just bought at 16.5

Anonymous

Anyone watching Solana right now?! $13.10!! Crazy!

Anonymous

It's looking like the SOL building is on fire, it hit $13.52...

Anonymous

I see he just bought it back with a clever trade increasing his bag. We can watch and learn.

Anonymous (edited)

Comment edits

2023-06-24 16:19:36 I’m layering into SOL as it goes down. I missed the downslope after the FTX implosion; not repeating that again. The architecture & the principles are too solid to get wiped by a fleeting government. Everything i buy is for the very long haul (minimum 5-10 years horizon)
2023-06-10 07:08:28 I’m layering into SOL as it goes down. I missed the downslope after the FTX implosion; not repeating that again. The architecture & the principles are too solid to get wiped by a fleeting government. Everything i buy is for the very long haul (minimum 5-10 years horizon)

I’m layering into SOL as it goes down. I missed the downslope after the FTX implosion; not repeating that again. The architecture & the principles are too solid to get wiped by a fleeting government. Everything i buy is for the very long haul (minimum 5-10 years horizon)

Anonymous

Hmm. Apparently, Ran just got off the phone w God. Yup, I told him, “hang up the goddamn phone, Ran!!”.

Anonymous

Or, we pay close attention to trend, momentum, and Macro. And perhaps, interact with them. This is how we learn.

Anonymous

Um…. Yeah, it was. Did we hit $8.00?

Anonymous

As it goes down down? Wait for support and reversal, maybe? Falling knives have no handles.

Anonymous

After almost 2 year in bear market, God knows how many SOL Robinhood will sell, what happens to SOL if BTC goes to 23k, 20 k, basically on the new that SOL is security (which everybody knew) we drop 20% in 8 minutes, just give it some time, buy more, and then we will see lower prices

Anonymous

Also, Ivan on Tech was discusing awful TVL on Solana, James prefers not to talk about SOL problems

Anonymous

SOL will be dead by then. BTC will go to sleep on many a cold a wallet and no onw will be alloed to trade it. Just thinking aloud.

Anonymous

Same emotional response as the FTX event. I remember, Walter 🤗 just chill and stack. Did you time the reversal Wicks during the FTX time? Be honest here.