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IA Trade Alert (Patreon)

Published:
2024-10-02 19:43:03
Imported:
2026-06
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Disclaimer: The information provided in this trade alert is for educational and entertainment purposes only and should not be considered as financial advice. The author is not a financial advisor and is only sharing their personal trading activities in full transparency. The opinions expressed in this alert are the author's own and do not reflect the views of any other individual or organization. Investing in cryptocurrencies and other financial instruments involves a high degree of risk, and you should not invest money that you cannot afford to lose. Always do your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or damages resulting from the use of the information provided in this alert.

I doubled down on my SOL Perp at $139.1 and reduced my cost basis to $141.

I am layering in.

The further it falls the harder it goes. I am now 2/5ths thru my PERP allocation.

Liquidation price $100

Entry Price $139.1

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Comments

Jose Conde

This market is making me sweat. How F ing low are we going? Will SOL retest 110? WTF happened to UPtober? Market Makers do it again….

Jazzart

When James doubles down on his perp bet is he adding more collateral, opening a new perp or adding to existing ?

Yo_Rato
>>151248491

What is your liquidation price ? I think 122 would be as low as we go. There didn’t seem to be much panic in the markets. More pros than cons. There is always another hurdle and crypto always prevails.

Paul

When will the bleeding stop? 🙄

Wil

SOL not holding up well compared to BTC. Maybe it’s time we factor in the SOL token unlocks/inflation that have taken place recently and over the next few months.

MoneyBee

New to the community and learning a lot. I find it very interesting that most alts and Btc are puking while SUI is more or less stationary and holds up really well. Thoughts?

MoneyBee

Also... are there community chats Im missing... It feel like I am lacking some access. Would love to get some guidence.

Russ T
>>151261165

Welcome to the community! Sui is currently the most hyped coin, and I think people are hoping it's the 'new Solana' - especially people who missed the Solana run. But as James would say, 'Hope is not a strategy.' He bought a small bit himself the other day though. Mainly because Sui might keep running up due to hype and influencer shilling. It is probably the most talked about L1 right now, but this might be part of an orchestrated campaign. Rumours going around that the Sui Foundation has been paying people to shill the token. I have no idea if there is any truth in that though.

David

C'mon SOL...We are all rooting for ya.

Russ T
>>151261274

None that I know of, mainly people just chat in these comment sections I think.

Marble Man

I got in this SOL perp long trade a little earlier and have been trying to close my position on Jupiter for over an hour. It says "Failed to perform transaction - requested resource not available." I'm not sure what to do and this is a pretty big position.

Larry D

@James any update on this… seem to be losing a lot of steam here

Yo_Rato

Anyone adding to sol perp ? 139 and hopefully going lower