Finance plays a very important role in our life and when it comes to making financial decisions, we need to be careful because depending on it will face the consequences. It's because finance is something related to almost every step in our life. Nobody was born as pro and naturally, many times we make mistakes and they are also time when we make the right decision for ourselves. When it comes to finance there are also some decisions which can be right and have influenced our life. What was the right financial decision you made for yourself in your life?
From my childhood time I'm very good in saving money and I learned to save money watching my mother. Saving money is one of the good things we can do for ourselves. Uncertainty is a part of life and there are many uncertainties in situations where we need money because of emergency situation and in very few cases other people can give us a helping hand. I think my life, there are few emergency situations only, but I never think I needed to use the fund of my savings because of it and so I think till now my savings was not so useful in my life. Maybe it's because I plan everything quite well. But I must say that my savings give me the confidence to face any kind of situation. It gives me the feeling like money is power.
I came to the crypto world in 2020, but I started to learn about it earlier than 2020. In the first year, making decisions was indeed very difficult for me because I was not knowledgeable enough to make decisions for crypto. I believe that entering the world of cryptocurrency is the right decision I have taken in my entire life. So let me share the most profitable and right decision I have ever taken for trades, and I think it's the best thing I have done from the perspective of finance.
Can you remember the time of FTX collapse issue. It's the time when crypto market crashed and among all of those cryptocurrencies, Solona was taken the maximum damage. Solana came to the price below $10 also in that time. Many people say that it's going to be zero, but according to my knowledge, and the information I knew, I was confident that it will bounce back if the market becomes normal. The source of my confidence was that the cryptocurrency was fundamentally strong and had the potential to go up. I started to accumulate Solona between price $13 to $15 and I accumulated a good amount of it.
I was actually right and it was just a matter of time the price reached $40 and in that time, I took my seed money from the investment, but I've had a huge quantity of Solona left to make profit if it goes up. I sold 70% or more than it above the price $200. The remaining of those are sold above $170. Can you imagine how much profit I made from Salona? My buying price was below $15 but my average selling was close to $200 and I'm very much thankful that I have taken the right decision and grabbed the opportunity. So, I think that buying the Solona when people were scared was the right decision for me and selling it at high prices above $200 is also another right decision for me. and it's the most profitable financial decision for me also
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