Going all in on Solana with $20,000 at this stage is extremely high risk . Liquidation at $70 means one small dip wipes the position that’s not a trade, that’s a gamble.
Momentum and sentiment can shift fast. High conviction is fine, but managing risk keeps you in the game long-term.
Better approach:
Scale in smaller positions
Use strict stop-losses
Protect capital before chasing big gains
This is high-risk, high-reward only for hands that can stomach the swings.