Rewards of the future

The Best Crypt Secret
Coinmonks
1 min readMar 6, 2022

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A follow-up entry to my previous blog detailing my liquidation by shorting AVAX.

On the brighter side of things, countless wins over the past week have been gained with my top 5 coins — particularly with the SOLUSDT pair, both up & down.

Watching friends & family make reasonable gains last year with Solana & catching a bit of its uptrend in the spot market, I had a rough idea of its fundamentals and its potential for future growth.

Key notes here are repetition of good practices and incorporating it into a cumulative set of skills for trading, particularly leveraged assets.

signs of a breakout was clear and it was an opportune time for me to take advantage of the futures market.

Key strengths for this run both up & down:

  • Position trades start small with very little leverage.
  • Strengthen position with every opportunity using small entries still.
  • Entries will be stronger as your TA comes closer to confirmation.
  • Otherwise, hold on any entries until such.
  • Set your stops if the market doesn’t go in your favor.
  • No one has a crystal ball, but you can have a plan.

I will be publishing a detailed analysis on SOL once I’ve exited all positions.

The quest continues.

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