Bitcoin Forum

Solana could be a unused promising altcoin that outperformed dogecoin to be positioned up to seventh put on CMC. And based on its cost final Admirable 15 2021 it is as it were 44$ and presently its current cost is 157$ based on that super Sonic cost development from 44$ to 157$ for just one months, I think Solana is sweet for brief term venture, what would be your bits of knowledge almost this folks.
Good for long term or brief term investment?

Yes I will prefer Sol over Etherium. Eth fee is increasing day by day. Solana fees doesn't scale proportional with network activity. While the may rise a little it will always be relatively negligible for simple transactions.
Solana has a different approach to validation, and that is why it is faster. They have actually said it is running quite inefficiently right now, and should only get faster as improvements are made.

All of them are good for long term IMHO. You should hold any of them if you want to but if I've got bitcoin and ethereum, I'll keep them.
And that's where SOL will be bought through my other source of income. It's always better to keep the two and if you want to add any other, just add and don't sell the other for another.

solana has risen a bit thanks to its new investor, but I will not make very promising comments for this coin. I will explain why I think so in the coming days.

I think if you want to HODL altcoins I'd suggest should stays at Ethereum. I can't remember the news but there has been a buying spree of Ethereum in the recent days compare to the decline in May. I think it's a no brainer investment considering that most of the smart money flows in there and how many huge investors has HODLing this asset. Not financial advice but I guess SOL isn't a bad choice.

Most coins that have increased without corresponding increase in bitcoin or ethereum has been on hype and that means falling may happen anytime soon that the investors pull off the rug. This means that Ethereum and bitcoin are still choice coins with committed community. I still prefer them than selling off and buying solana 

I generally agree with this idea, given how much Solana has already risen against both Bitcoin and Ethereum. While prices have been consolidating well against both BTC and ETH since September, implying that a further drop may not be necessary and price can move higher, it has a long way down to support levels, probably around $80 or half that it's current BTC/ETH value.

Personally I've already taken around 95% of my profits from this coin already, as someone who invested around $6. I think some exposure is still good, but based on how far prices can fall (in comparison to Bitcoin and Ethereum) it remains very high risk. Remember that only this year the likes of Uniswap, Chainlink and Polkadot were all in the Top 10 before their price corrected dramatically.

Generally speaking, there is more reward, with similar risk (if not less), by investing in coins moving towards the Top 10, than those who have already increased a lot and have made it there. Hundreds of coins have been in the Top 10 over the years, 99% of these are not even in the Top 100 now, only half are in the Top 1000! For a safer bet, BTC or ETH is a better place to store wealth.

Ultimately it's up to you. As long you are aware of the risks, as well as not focusing on the USD price. If your plan is to sell for BTC or ETH for SOL then these are the only relevant prices to you.

Sol was a good buy at $3 when Sam Friedman was saying he is buying unlimited quantities. And it almost peaked at $300. Now even at under $200 it still seems expensive. Is it a good buy? Depends

If we get a bear market then you are better off buying lower at like $40 or so. Might revisit its previous ATH. However we have no idea if we are in a bear market or not.

It might go from $175 all the way to $400 and top out there. And if you wait too long you might miss it. Nobody knows what will happen exactly.

As much as I wanted to earn profits. Selling off eth and btc for a pumped coins is like a dangerous move too. I'm not saying solana is bad or not gonna pump more than its price now but I prefer an L1 of avax and ftm rather than this. With regards to adoption, I can see that more are jumojng wagon on Avalanche and they even got news of addition of native usdc on the network while solana has got 2 major shut down news which is a pretty red flag for its holders. Maybe for traders perspective can do short to medium run to gain profits.

I think that would honestly be pretty stupid.

SOL is still largely unproven technology so you are going to likely see a lot of bugs in the early stages, and there is no guarantee that they will ever emerge from this current buggy state.

You should definitely diversify your holdings, but all-in in SOL is not a great idea.

Just explain now why you think that way now because I see Solana as a very good coin and very worth holding in the long term, so if you have different thoughts on Solana then just explain now so everyone can know.

That would be crazy and if you do, you'll welcome REKT. Bitcoin and ETH have too many advantages to buy embedded and accumulate at this time. Solana has continued to have problems with congestion on 9/12 and does not state the reasons convincing enough, it should give you too much hope as the disappointment is similar to ADA. Lol, When the market goes bullish, I will probably want to diversify some more.

I would still prefer to keep ETH and BNB, SOL might be an option in the long term, but I would prefer to sell other shitcoins I still hold to start buying SOL rather than having to sell ETH and BNB for SOL.

SOL is a good coin, but like what other people did maybe Bitcoin and Ethereum will be main investment and then use allocation that i use to made investment in altcoin for SOl. I mean i wouldn't use all my ETH and BTC to SOL but made investment in that 3 coins if there are an option to do it.

so many top crypto players this year they say Solana is the most closely watched crypto right now..

it's best if you make Solana a long-term asset, recently Solana Ventures, a unit of the technology company Solana Labs, they announced the launch of an investment initiative, I think the amount is quite interesting, worth US$ 150 million focused on blockchain games, they are working with the two main players in the sector namely
Forte and Griffin Gaming Partners..

Read this: https://beincrypto.com/solana-clarifies-no-network-failure-ddos-attack/
Outages and congestions sound unlike an "ethereum killer" product.

What's good about this coin isn't about the performance, but about its marketing machine. SOL is so overvalued IMO.

For all newbie or old crypto users you should never ask this question to anyone since for sure you will not get a accurate answer with what you been ask to random guys out here. Maybe try to figure out if you really need that one since if you think you can handle the pressure upon buying SOL which is I think a good option also then do it. But make sure to tale profit once you have a chance to do so.

In the long term, of course, it is very good, because SOLANA will still be much more developed in the future, even in the short term I will be more worried about it because it has experienced a very significant increase this year.

Why selling any if you can have them all (even in small quantity) btc is a coin you should not miss as part of your portfolio, no matter how little, I would say have them all, but if it is not possible as a result of limited cash, yeah sol is a good choice, short to long term hold, the blockchain is aggressively growing without any doubt, more room to grow.

Solana and entherum are wonderful project, one need to consider how these projects will benefit you in one way or the other. One project gass fee is very expensive the other is not.

Sometimes the capital that people are using to invest in the market is so low that they have no option but to concentrate on a single project, so SOL seems like a good coin in which you can invest right now, however since the coin is already positioned as the fifth biggest coin in terms of market cap then it is important to limit the expectations you may have about its growth, since now it is going to be a challenge for the coin to grow as much as it did in the past since now it has to compete against some of the most well-known and strongest coins in the market.

There’s a lot of things to consider aside from the gas fees and I agree that these two has been a great project but SOL looks more active now based on numbers and the volume of its transactions so for me there’s a high chance for SOL to take its peak price. Though I still prefer ETH so for me, I will hold both of these two great coin but I’m not going to sell my BTC holdings for any altcoins.

Even though Solana is a good and promising project, it doesn't mean we have to sacrifice our ETH and BTC to be able to buy Solana. If indeed
we don't have the money to buy Solana, we don't have to force it to buy Solana. Because after all I think ETH and BTC are better than Solana.
Indeed ETH and BTC have some drawbacks, but it must be admitted that until now ETH and BTC have always been in the top position. So my advice is
to use the extra money we have to buy Solana, don't do anything reckless by selling the ETH and BTC we have. This is why it is important that
we have good knowledge of the crypto world, so that we can make the right decisions.

I don’t know if you guys heard but the former First Lady of the USA, president Trumps wife, Melinda Trump is launching some NFTs on the SOL network. However SOL didn’t react to the big news.

When it was released SOL started to sell off. And it’s very strange that it was rallying for the last few days from $150 all the way to $183 and then topped at the news. Basically classic buy the rumor and sell the news only for certain insiders.

It's true we can't deny that Solana's development is amazing and for me it's beyond expectation,
actually I also don't know for sure which of the three coins has more potential,
the three coins between ETH, BNB, and SOL have strong fundamentals so they are good for long-term investments

Solana undoubtedly pretty good option to hold for long term benefit, but due to holding sol, selling ether and btc aren’t wise idea IMHO. you should go for ether, btc first and then sol can be considered as extra source of earning. but if can't afford then you can exchange ether+btc for sol, which won't make you regret i guess cause sol seems to be done significant development also...

Why exchange BTC and ETH to a new coin? When you can just buy Sol if you have extra money instead of selling your Bitcoin or ETH. Solana is just a new coin that is possibly a hype coins due to the trend but sooner or later it might be the same as the rest of altcoins that I know. Most of them aren't able to get back while some didn't last that long but if the project has a good development it might last in this market. A better research will needed if you want to truly invest in this new altcoins.

I don't think it's stupid to choose SOL.  although sol is not perfect, but I see SOL still has great potential to develop to the best position.  I think it's wrong to put btc into the sole, but it will definitely give rise to the results for the owners

I may invest in this project but I'm not going to consider it as for long-term investment as I still depend on how it performed.

And to ask say selling BTC for Solana, that is a bad idea. I don't think it is a need, why not spare money for additional investment? I certainly don't do that and besides, BTC is for long-term and sure investment which can never be replaced by any coins in the market a big thing that we need not forget.

I agree solana could be worthy for long run but can't give assurance for it but easily for eth & btc. Cause in reality, future is unknown and unexpected. Last few years, lots of altcoins come next to eth but dumped from that position, some lost their whole Identity. So no guarantee solana could be best instead of them. You may sold portion of btc, eth for sol but selling whole share is suppose to be foolishness

that's what i was thinking about this scenario. as we still need to see what's in it for SOL, better keep some of your coins to BTC and ETH, which both has proven their solid position in the market. sol is relatively new in this playing field though a promising one. but we need tangible proofs that they can deliver like projects being built under their chain or visible dev team giving regular updates to their community. this is yet to be seen coz for me, it is too early to see those developments.

If you have bitcoin, then keep holding it. Don't sell your bitcoin for any other altcoin. Bitcoin will give you good profit in the long run. If you can afford to invest in Solana, then use your money to invest in SOL, not by exchanging bitcoin. I would say the same for Ethereum. Hold your Ethereum. Don't spend any of it. Eth2.0 and sharding is very promising. When those upgrades rollout, the fee should significantly go down to a reasonable level. People would be hoarding ETH before the eth2.0 launches. That would cause the price to go up (make sure you do your own research).

Why would I? having Bitcoin and Ethereum is already the safest and promising investment we can ever had so why in the world we will be considering selling our precious coin Over SOL(Solana)?

No i will not and will never be, yeah i believe in Solana's capacity and future but i am more on assurance in which Bitcoin and Ethereum can give me.

I need not to worry even if i hold long term not like In Solana that can be dead in the future who knows?

That same belief as i am , assurance is what we wanted here in crypto.

though we are willing to risk but BTC and ETH is the safest we can find in this volatile market.

If I have many ethereum and btc, maybe I will sell some ethereum to buy solana but that depends on how deep the solana price because if the price is not down too deep, I will not buy solana and will not sell ethereum or btc.
Solana can be good for long-term investment but I still prefer bitcoin and ethereum but bitcoin will be my long-term investment besides altcoin so if I want to buy solana, I will wait for a while and check how will be the trend.
If you want to gamble by selling your ethereum and buying solana, you can do that but you need to have a good reason why you do that because solana and ethereum will depend on how good bitcoin price is moves.

Solana is worthy to invest in for long but no need to sell either of your BTC or Ethereum unless there's no other way to buy Solana but to sell some of your hold assets. Others are also doing that way in anticipation that investing in Solana right now will give them a nice profit in the future.

In the end, it's really up to you if you decide to sell some of your BTCs or ETHs. You can also consider not to sell them all and just a fraction of it if you are hesitant to do so. It's still good that your investment is diversified that putting all of it in a single basket.

I also have the same sentiment, I rather allocate extra fund for buying SOL instead of selling the top assets that I already have.

Bitcoin and ETH are proven long-term investment, and if I will use SOL as also for long term I will add up to
my wallet and allocate additional money to fund for SOL.

We all do have our own opinion about our investment but in considering SOL, I will agree that it's one of
those profitable assets around this market.

I may consider selling some of my ETH and BTC to buy solana , but not in season like this in which all the coins are going down.
because I am sure that BITCOIN AND ETHEREUM  will climb first even before solana make its way up.
this means one thing that if that happens i may sell some of my coins to buy solana before it bumps up.
that strategy is worth a try than doing it now.
but certainly i am willing to adjust my folio to make way for SOL that is indeed may happen.

I would not ever do that. Do you know the difference between centralization and decentralization? Bitcoin is 100%  decentralized crypto currency and ethereum is also vey much decentralized. Solana on the other hand is not purely decentralized and that's why you find the speed of SOL transactions much faster as compared to the bitcoin/Ethereum.
I would suggest you to keep all three of them in your portfolio.

They have really said it is running wastefully at this moment, and ought to just get quicker as upgrades are made. It's dependably better to keep the two and to add some other, simply add and don't sell the other for another. Possibly for merchants viewpoint can do short to medium rush to acquire benefits.

This.

If you hodl, nothing is sure in crypto and you could make a mistake . If you trade/swap your coins, you can make not one but two mistakes. IMO, If you like SOL buy it with fiat so it is still a fiat vs crypto bet, because to me, the more derivatives you add, the more difficult to win: you still bet vs fiat (crypto is always a bet vs fiat) + vs BTC&ETH or whatever the coin you decide to liquidate.

And don't forget that, in many jurisdictions, every time you make a transaction between coins you are creating a taxable event that could lead to an unwanted surprise.

ADA and SOL are both ok to me, so this could be the option if ever and for me, I will not sell my Bitcoin and ETH just to have SOL since those top two coins are still prefer by many but if you see big opportunity with SOL, they buy it beside its the top 5 coin as of the moment and it numbers are doing good as well, I’m amazed on the numbers of SOL compare to ETH, it continues to increase this could be an additional factor to buy SOL.

SOL coins are very good to invest in the future but if you have to sell BTC or ETH I think it's not worth it maybe if you already have BTC and ETH keep holding them and look for other sources of money to buy SOL because indeed these three coins will be very promising for the future.

Conversion is one of the best strategy in engaging for crypto investing because we know how currency moves here and there in favor of some while falling for some so best to convert the coins to others.

But Bitcoin and Ethereum? why would you? instead of converting why not use you other funds such as Fiat in buying Solana than making this wrong action .

Ttuth be told, Solana has just grown too fast for anybody to sell their holding of either bitcoin or ethereum which are not only the popular coins but also have one of the biggest communities to help them grow.
My advise would be if you have ethereum or bitcoin hodl and dont sell either of them...  let solana be a seperate invest and compare them at the end of your desired period.

There's an uncertainty among alts when the bears comes in, they tend to lose more of their market value compared to Bitcoin. Even Ethereum in the past has the same fate as the other alt, therefore having to sell you Bitcoin is already a wrong move. Buying Solana now won't be advisable as well, I could be wrong and itt does moon in the coming weeks but in the long run it'll fall together with the market as it get corrected.

During this corrections is when it's best advise to get in and hold until the next bull cycle begins. Solana has an interesting concept they're working on and it would be worth betting on but not at the risk of Ethereum or Bitcoin. This are two coins you shouldn't sell but just keep holding. The whole cryptocurency space was built around this two coins and they'll always maintain their dominance.

It's good for long term and you can try to compare Solana's marketcap with bitcoin or ethereum. Solana needs a lot of ROI to make the marketcap to be the same like bitcoin or ethereum. That means if the potential of Solana to go to the moon will always there. The sky was the limit but that would be more reasonable if we are using bitcoin marketcap as a limit that can be achieved by any crypto.
This one is good for long term investment and I'm thinking if it's not a good decision to keep your money on bitcoin and ethereum while both already have very big marketcap.
More marketcap and less room to growth and you can imagine when Solana can have the same marketcap like bitcoin and ethereum. That will be going so big.

If there's one coin that I would sell to buy Solana (SOL) then it's going to be ethereum and bitcoin. Because while ethereum is also in the top promising altcoins, its market is having a very hard time right now in the past few weeks and months as I observed it. Also its gas fees is really quite expensive so instead of making more profits, it's deducted by the high fees so you'll end up dealing it and have lesser profits. Solana and Cardano is the best altcoins to buy now, and I'm also investing in those said markets.

Of course, Bitcoin and Ethereum are the most stable on the market, because they have been there for the longest time. Unfortunately, they do not have as much potential for price increases as newer projects. If someone wants to earn more money, he should just risk investing in projects such as Solana.

Never try all in one coin, even though it is a solana coin, BTC and ETH cannot be equated with SOL which is the only trend this year. the existence of BTC and ETH is very strong in the crypto market even though the technology is still not updated but for the safest investment is BTC and ETH. If you have enough money, you can buy solana without sell BTC and ETH

Why?because SOL is known as a ethereum killer and because of how it skyrocketed and reach all time high values in just a short of time? I think its not a big reason in my personal opinion wherein to switch from trusted crypto in the market  to a new projects that making hypes. Indeed bitcoin and ethereum always can guarantee good return when it comes long run and its proven and tested how about SOL?. LOL think about it mate.  :D

SOL is down from $279 to $171. The sharp fall of a coin, which is in the 5th place in the stock market ranking, is remarkable and leaves a question mark in mind.

Solana is very good for long term investment. Solana is very popular these days and even buying it at the current price doesn't hurt but if I have btc then I won't sell it for solana but if I have ethereum then I will sell it for solana.

Long term it won't matter Solana's a modern day blockchain and it's growing fast, DCA if you believe in the product is what i alway's say price wise who know's but the potential is surely here can't deny that.

Why would I sell my holdings on bitcoin and ethereum? When infact I'm already making profits from these two coins for the past years that I'm hodling it. That would be the worst decision ever to be made if I sell it because these coins are also promising like Solana (SOL).
What I would do is to invest/buy Solana to maximize the profits in my portfolio, I don't have to sell anything.

I'm certainly not a professional, but I think it's a very bad idea to sell the most current cryptocurrencies, i.e. Bitcoin and Ethereum, today.  But nevertheless, there is an opportunity to invest in other assets.If you trade, then thanks to the income from trading, you can invest in other cryptocurrencies.  This is how I do and buy Defi, like Junca Cash, which in my opinion will be a very effective platform for financial transfers.

Yes, that will not be a good idea to sell Ethereum and buy Solana. Ethereum will is one of many potential altcoins that will be profitable in the future, while although Solana has the same chance, Solana still needs more time before can do like what Ethereum did. But if those people want to sell their Ethereum to buy Solana, they are free to do that but I hope they will not regret making that decision. Besides that, Solana is still at a low price compared to Ethereum, maybe they need to wait until Ethereum hits the next ATH, then they can sell it to buy Solana.

I don’t think it is better idea to sell Bitcoin and Ethereum to buy Solana (SOL) all crypto-currency market now on Dip. If the price of Bitcoin does not rise again, then the price of any coin will not rise. So at first you should focus on Bitcoin. Bitcoin is father. So i wouldn’t sell Bitcoin for Solana (SOL)

Try to reconsider if you want to sell your Btc/Eth because it is a very valuable asset and not everyone can own it even JP Morgan has predicted that the crypto asset will be able to break through $ 146 thousand next year, but if you wish to have (SOL ) I think it's a good decision because (SOL) is also considered as one of the attractive commodities so it has a strong potential to move higher in 2022. I think we also have to buy (SOL) but by not selling btc/eth what if the coins move together.

Solana can't outshine ethereum in investment. BSC and Solana can be running in low fee transactions but that doesn't mean ethereum has lost it all due to their high fee transactions. Let's not forget ethereum 2.0 will soon commence, there is still hope for the issue of a high fee to resolve.
Ethereum remains the peoples choice for long term investment, as for Solana it can be dumped at any time because the majority of her investment is in for quick profits than hodling it for a long term, which can lead to a big price dump.

Lately the Solana ecosystem has grown very rapidly and made the price movement of the SOL coin also experience a high increase in a short time, the Solana coin has indeed become one of the good coins to invest because it is able to provide a large return, but at this time I personally don't think if I have to sell BTC and ETH to put in the SOL coin because I am more trusting and very safe investing with BTC and ETH.

We will have to see what happens with ETH from now on, the developers have promised for a long time a way to solve the issues with the fees and so far they have failed, so people are losing faith in them and if this continues then a lot of promising projects that could have made use of the ethereum network are simply going to move to another network, and this is a problem as if some of the best projects do that then the demand for ethereum could suffer a drop and eventually price will drop as well.

so it seems sell ethereum switch to sol is the best choice if considering what you are talking about ,I completely agree ethereum must solve the high fee case if want to be able to always be used by some other projects ,if it continues to be overwritten by fee problems then big of the migration is not in doubt again

Agreed.

SOL has a lot of potential but a lot of it is unrealized.

Whereas ETH already has an established use case and will continue to be a dominant player in the industry regardless of developments. SOL is also very centralized which is a downside.

First, according to your subject, I believe it's not out of place if you hold your bitcoin and Ethereum and still buy some Solana, remember that solana is not the only coin that's done well in that time period, so I personally believe it's better to diversify your investment instead of selling one for another, what if the one you sold turns around to perform better than the one you bought with the money made from selling the other? So this is why it's advised to not put all your eggs in one basket, always learn to distribute your investment, be it a long or short term investment, distribute it.

Although that I am holding some Ethereum because I bought it at cheap price below $200 last year, I’m beginning to start being more bullish on Solana. I wish I could have bought more SOL. Transactions are super cheap and fast as well, especially in minting these NFTs.

I missed both Star Atlas and SolChicks in their private and public sale last time. But I am planning to buy their NFTs later on. I’m also exploring Cat Punks and virtual real estate projects under the Solana blockchain. I’ve also participated in the airdrop event of MeanFi DEX under Solana too in which they have an ongoing IDO. Things are looking great for Solana to be honest.

But I won’t sell my ETH for SOL. I’ll just use some of my USDT and mid-term coins to buy SOL instead.

There is already a lot of alternative with Ethereum right now, one of the most popular is Solana as it is a layer 1 protocol and very unique as it is different from other EVM compatible.

I am also a supporter of Solana since starting of 2021 as I am using most of the platforms under Solana especially their DeFi platforms, yield farming, staking, and NFT platforms. Ethereum for me is for whales only as transaction fees are quite expensive but this does not mean I don't support Ethereum anymore, this is just a temporary problem of Ethereum for me.

Long term, what you have said above totally make sense for me and this project has a long term vision. Solana is also having solid product like its blockchain which has been using by so many developers and communities to develop various dapps that already launched through solanium. Remember solana potentially to surpass binance but it will not happen in a short time. that's why solana must become a long term bet for you. Im still holding all of my solana and i never sell even a few solana since i have been buying this token since last year. This coin has a very strong fundamental and moving your money from ethereum and bitcoin to buy solana may become the best decision. So far the ecosystem of solana is growing rapidly. I see that more and more people are joining in this ecosystem.

For Solana's development team, I think they really need to do something to bring out its potential,
hopefully in the near future or next year they really make it happen and we'll see

Although Solana is indeed very good for short-term or long-term investments, especially when compared to Dogecoin, Solana is much better than
Dogecoin which has no clear function. But when compared to BTC and ETH, of course Solana still can't beat the performance of BTC and ETH.
That means don't sell the BTC and ETH that we have to be able to buy Solana, that's not a good thing to do. If we want to buy Solana use the extra
money we have, or we can buy Solana from the profits we get from investing in BTC and ETH.

They have really said it is running wastefully at this moment, and ought to just get quicker as upgrades are made. I believe it's an easy decision venture thinking about that the majority of the brilliant cash streams in there and the number of colossal financial backers this resource. Perhaps for brokers viewpoint can do short to medium rush to acquire benefits.

The SOL had a nice bullish chart up to $200 but recently it went into a bearish phase again. It is currently hovering around $175. If it can catch resistance at this point, it could see $250 on the first bullish chart.

If you don't have Solana in your portfolio, I don't think it's a bad idea to swap a portion of your BTC and Ethereum for Solana as this will further diversify your holdings but if you already have Solana you don't have to do that because Bitcoin and Ethereum are still the most reliable crypto to hold considering the present circumstance.

Now almost all coins have experienced a fairly large correction including Solana, but for Solana's durability I am also starting to be impressed because Solana was targeted by many people at the time of the correction so that the decline was not too deep and when the correction was finished I am sure Solana will return to the same price very good or new ATH.

I have sold actually part of my Bitcoin , EThereum and Litecoin to Buy Solana early this 4th quarter but as what i expected Solana stops increasing.
a sign that i must keep the holding for the next following years.
s is the time to Buy in Discounted price mate
as SOL is the promising currency of the next year, together with Metaverse and NFT and GEO , SOL is at the peak of increasing high.

if you have already bought solana at a high enough price then just hold on and don't sell at a loss...

btw, selling your bitcoins to buy to solana for me is a bad move. the crypto market is currently sideways, and the potential for bulls in the next few months is huge. Most likely Solana will also return to bull in the next crypto bull.

In my opinion, selling such solid coins as Bitcoin and Ethereum to buy Solan is too much of a risk. I think the chances of Solana becoming one of the main coins on the market are very slim. I think that an interesting solution could be to simply invest part of the capital in Solana and leave part in Bitcoin and Ethereum.

ETH is not a crypto that will be talked about a lot on BTC and SOL. Because they are among the top 25 cryptos of the future and they are a coins that will lead the industry. SOL will be especially among the top 5 cryptos.

SOL can be a coin of the future. However, I wouldn't sell the two most stable coins on the market. I would rather treat the investment in Solana as an additional investment. It is very possible that it will be successful, but if not, you can lose a lot.

I don't think you have to sell Ethereum in order to buy Solana. This is due to the fact that Ethereum is the largest network with the most developed ecosystem, which tells us that the price of the ETH coin will continue to rise. If so, what's the point of selling ETH? What I would do is simply buy Solana and continue to hold both ETH and SOL. It's just that they are two promising crypto assets that are better held together than selling one to buy the other.

Exactly. You won't be making profits if you sell a profitable coin to buy another promising coin. You might be losing in the end. It will be much better if you hold both ethereum and SOL and only sell them when their value hits another ATH and buy back again when their value becomes cheap. However, selling bitcoin for SOL is never a good idea. Bitcoin will always be the most profitable coin so it should always be kept and hold safely as it can give us huge profits when it starts to skyrocket again and end up in its new ATH.

I wouldn't trade out your bitcoin for any coins.  You should add coins like sol next to your bitcoin not 8n place of it.  Too many people have bought coins in hopes of making money and trading back into bitcoin at a later date and get caught losing way too much money.  I like so I just would wait until you get more money to buy it.

Actually Ii don't do this option. It doesn't mean sol is not a trusted cvoin. Buut Ethereum iss trusted then this sol.The people who  want to inverse on Sol, kindly inverse by the own money and don't do the transaction by investing by selling another coin. It's not a good move all the time. You may lose a chance of winning on that coin.

Yeah that's what I am doing now mate, i am keeping my holding till now or even longer that I am willing to keep it here in my wallets.
I don't think it can be called Bad move mate because i sold my Bitcoin back when the price is still Hyping so i am in high profit till i sell it and bought Solana .

Solana is promising but I'm much more confident in Bitcoin or ethereum.

need a strong push for solana to be able to shift ethereum so that's why i have to exchange the bitcoin or ethereum that i have with solana, that's a bad thing imo.

Solana has certainly its own potentials to survive in the crypto space but i'm not stupid enough to sell my ethereum and bitcoin for Solana. It won't be a good idea since Solana is not fully stable and anytime when the market crashes, its value will probably be declining. But for ethereum and bitcoin, even if the market crashes, we all know the fact that they will always recover easily and go back to their top positions as the most profitable and strong investments in the crypto market. Its good to diversify but always prioritize bitcoin and ethereum on top of the list.

If you want to invest in solana it is the right choice, because the coin has a high possibility to increase in the future, if you currently have a lot of assets in ethereum then there is no harm in taking some to invest in solana, I think long-term investing is the best option because solana development will continue to occur and has not reached the highest point for now, Never hesitate to hold the coin.

Why would anyone consider selling one of top altcoins and bitcoin, for buying another top altcoin? For me this is like selling a good item to get an item of identical value. You wont win much from doing that. Both are good for investment. If you feel like being lucky and done a good research, switching from top alt to an unknown but promossing alt is much better. With eth or btc > sol you will end with same value portfolio.

BTC, ETH and SOL will be coins that only those who are financially rich or have a lot of money can afford because if all three continue to increase in price, it will be difficult for small people to own them, even if they can afford to buy, and even then only in small amounts.

Holding ETH is not wrong and is still in a very good category for anyone, but if you expect ETH to become the king of cryptocurrencies and replace Bitcoin, it is a dream that will be very difficult to come true because when Bitcoin started to fall in the market, ETH was still experienced the same thing, meaning that ETH still often follows the cycle of Bitcoin conditions to date, so there is very little chance of becoming king in cryptocurrency.

Solana is young and it is in phase of Ethereum a few years back. It is on hype but we need more years or at least the coming bear market after this bull run, to see how their developers will keep working for products, upgrades and how their ecosystem will maintain and grow up. Bad market will give really strong projects to shine. I hope Solana will be one of such projects next 2 to 3 years.

ETH is one of best cryptocurrencies and if anyone ask me to pick a few cryptocurrencies which I consider as asset of storage, I will pick Bitcoin, Ethereum, BNB first. Other altcoins will need years to become asset of storage like these three coins.

Solana, Polkadot are promising altcoins in last 2 years but they have to be tested more.

Indeed for now that plays a role for the best coins as a means of long-term investment such as the three coins you mention bitcoin, Ethereum and Bnb. and these three coins must indeed be mandatory for us to have. because to prove the value of a coin not only takes 1 to 2 years, but it takes years to judge whether the coin is good or not