IA-SOL-Upside-Model
This model will help you visualize the relative prices based on pricing models and also gauge upside for profit taking down the line. Remember, everything mean reverts. This model is also dynamic and will be updated as SOL Dominance changes over time. This model is intended to be used in the daily timeframe with any of the following: SOLUSD, SOLUSDT, SOLUSDC. We prefer SOLUSD on FTX.
Step 1 - Match ADA Market Cap - considering metrics, this should be considered a first step.
Step 2 - 6% ETH Market Cap - 1/17th of ETH market cap is a low bar but was my initial price prediction in April 2021.
Step 3 - 10% ETH Market Cap - next step on the way to 1/10th ETH market cap.
Step 4 - 20% of ETH Market Cap. As Solana develops so will this model.
Disclaimer
InvestAnswers (James) does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. Kindly use your judgment and do your own research at all times. James shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. You are solely responsible for your own financial, investing, and trading decisions.
Step 1 - Match ADA Market Cap - considering metrics, this should be considered a first step.
Step 2 - 6% ETH Market Cap - 1/17th of ETH market cap is a low bar but was my initial price prediction in April 2021.
Step 3 - 10% ETH Market Cap - next step on the way to 1/10th ETH market cap.
Step 4 - 20% of ETH Market Cap. As Solana develops so will this model.
Disclaimer
InvestAnswers (James) does not provide financial, investment, tax, or legal advice. None of the content on the InvestAnswers channels is financial, investment, tax, or legal advice and should not be taken as such; the content is intended only for educational and entertainment purposes. Kindly use your judgment and do your own research at all times. James shares some of his trades as learning examples but they are only relevant to his specific portfolio allocation, risk tolerance & financial expertise, may not constitute a comprehensive or complete discussion of such topics, and should not be emulated. You are solely responsible for your own financial, investing, and trading decisions.
Versionsinformation:
V2 SOL UPSIDE
We added
33% ETH Market Cap
50% ETH Market Cap
70% ETH Market Cap
Date Dec 20, 2023
We added
33% ETH Market Cap
50% ETH Market Cap
70% ETH Market Cap
Date Dec 20, 2023