Bottom fishing does not equal making money: A reflection on a SOL investment

ForkMonger · 2026-01-09T11:14:17+00:00

The article reviews the author's experience investing in the SOL ecosystem, emphasizing the importance of maintaining patience and courage during market fluctuations. Although the initial judgment was correct, the decision to liquidate due to negative news ultimately caused the missed opportunity for significant gains. Investing is not only a test of analytical skills but also a challenge to psychological resilience.

ForkMonger

2026-01-09 11:14:17

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【Blockchain Rhythm】Last mid-year, we conducted an in-depth study of the SOL ecosystem and believed that this public chain was severely undervalued. We decisively accumulated around $20, with clear logic and strong data.

And then? The market started to show various negative news, and our mindset wavered. Around $50, we panicked and quickly liquidated our positions. As everyone knows, SOL later soared all the way up, with a maximum increase of 15 times.

The biggest lesson from years of investing and trading is: knowing when to buy is easy, but having the courage and patience to hold is difficult. Short-term fluctuations are unpredictable; the market will always create panic and always find reasons to make you doubt yourself. The real test is not analytical ability, but psychological resilience.

Many people become armchair strategists in hindsight, but when you are in the midst of it, facing real losses and endless bad news, making rational decisions is incredibly difficult—only those who have experienced it truly understand. In investing, from analysis to execution and persistence, every step is filled with tests that go against human nature.

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GasFeeCryer

· 13h ago

It's another one of those after-the-fact armchair strategist stories. What I find most upsetting is the feeling of knowing but being unable to hold on, it really can drive people crazy.

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NftBankruptcyClub

· 20h ago

Backed out at $50, but it ended up rising to $750. That's why I'm still poor now.

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LayerZeroHero

· 01-09 11:44

He ran away with just 50 yuan, his mental attitude and quality are indeed unmatched.

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GateUser-44a00d6c

· 01-09 11:38

It's the same story again. Buying in but not holding is just a waste. Mindset is really much more difficult than technical analysis. Everything sounds right but hard to execute... Sold at 50 bucks, now watching SOL soar to hundreds of dollars, that feeling is incredible. That's why I now set longer lock-up periods for my coins to prevent myself from messing around. If you do this job, you have to admit that sometimes you're just a lousy trader. Don't overestimate your mental strength.

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HashRateHermit

· 01-09 11:38

This is the legendary "panic selling," I've done it too... Clearing out at 50 bucks was really a move.

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ParanoiaKing

· 01-09 11:36

That's right, I was defeated by my mindset. I really panicked when it was 50 yuan, and now watching SOL skyrocket makes me feel very uncomfortable. The key is still mental resilience.

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