Disclaimer: None of the following is financial advice. Only buy what makes sense for you and check with your financial advisor before making any investment decision. Do your own research.
What are BTC and SOL?
Bitcoin (BTC) and Solana (SOL) are my two largest holdings. They have the best risk-to-reward ratio in crypto.
They are currently oversold. Bollinger bands are the lines that surround the charts in Figures 1 and 2. Put simply, when the price goes below the lower bound of the Bollinger band, it is a signal to buy.
Why are they oversold?
The market is (largely) down because the Fed said they are reducing bond purchases ("money printing"). In this article I explain why the FED will have to increase "money printing" in the future, which will raise the crypto market.
Why does this matter?
This is a huge buying opportunity. I believe the bitcoin price will reach $100,000 by the end of the year. Solana could reach $500 by the end of the year. In short, bitcoin could roughly 3x and Solana could 5x in 1 year.
How do I buy crypto?
You can buy BTC and SOL from the Coinbase Pro app or pro.coinbase.com. Do not use Coinbase (without the "pro"), they have high fees. Bitcoin under $35,000 and Solana under $100 are great prices to buy at.
To reach their previous high prices, BTC and SOL would need to do roughly a 2x and a 2.5x, respectively.