Dharmmie (OP)
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September 03, 2021, 07:43:37 AM |
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Unbelievable, SOL was only $1 last year, now is $144 It is 144 times that of a year Can I still buy it? Which is next one?
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Olatunjex
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September 03, 2021, 07:45:33 AM |
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The MarketCap of SOL is al$42 billion, the valuation is too high It is not recommended that you buy it, you can follow the same type of public chain with low marketcap, such as Conflux and Kinglory Kinglory is about to ICO on coinlist
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Cvetik56
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September 03, 2021, 07:59:45 AM |
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It's up to you but i wouldn't buy it. Most likely it will go down. And it definitely will not hit 144x profit again. I'd better buy BTC or ETH.
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GreatArkansas
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September 03, 2021, 08:26:10 AM |
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It was really expected that Solana will able to reach 3 digits. Quality project and the best team behind on this project, as Ethereum still don't solve their current problem which is high transaction fees, these kinds of alternatives chain will still grow and more useful. There are still a few projects under Solana, a few months ago when Solana was still around $20-$40, pioneer projects especially DeFi was still growing and if you look at now, millions and billions for theirs TVL.
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tvplus006
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To the Moon
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September 03, 2021, 09:09:30 AM |
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...Can I still buy it? Which is next one?
It is very risky to buy a coin that has increased in price by 7 times over the past month. It is quite possible that in the near future the price will be adjusted and you will have a good opportunity to buy SOL at a price of about $70. But I also do not exclude that the price of the coin without correction may rise to $200.
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Vaculin
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September 03, 2021, 09:30:16 AM |
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No question it has a great team and that's the reason why investors are interested in investing in this project. However, at the current price, I think it's overvalued as any time knowing how the market behaves, it could dump and would create panic on weak holders.
If you ever plan on buying them and holding them in the long run, I suggest that you wait until the correction happens.
The wise strategy is but at dip, not at peak.
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CryptoWarriorsssss
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September 03, 2021, 09:35:54 AM |
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Unbelievable, SOL was only $1 last year, now is $144 It is 144 times that of a year Can I still buy it? Which is next one?unbelievable for the SOL last week just 100U
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int03h
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September 03, 2021, 09:57:27 AM |
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The capitalization is quite high, but this project can still be a short-term investment. Profits may be small, but you can take advantage of leverage and options tools to maximize profits. For bigger profits, you should invest in DAAPs on Solana.
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blockman
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September 03, 2021, 10:09:19 AM |
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Truly unbelievable, I thought that after reaching $111+ then it will start to correct. But it seems that it doesn't look like it will be correct anytime. I'll be careful to myself and won't be buying at the top and I won't feel sorry even if I refuse to buy then suddenly it has pumped again. You can still buy it if you want too but be wary about the possible dump and if we can know what will be the next solana that has this tremendous dump within a year then we have already bought a lot of it but sadly, we cannot know.
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doseofeth
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Activity: 42
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September 03, 2021, 10:38:24 AM |
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Truly unbelievable, I thought that after reaching $111+ then it will start to correct. But it seems that it doesn't look like it will be correct anytime. I'll be careful to myself and won't be buying at the top and I won't feel sorry even if I refuse to buy then suddenly it has pumped again. You can still buy it if you want too but be wary about the possible dump and if we can know what will be the next solana that has this tremendous dump within a year then we have already bought a lot of it but sadly, we cannot know.
We are living some interesting times, that's for sure
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michellee
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September 03, 2021, 12:06:13 PM |
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You can buy it directly but be careful because SOL is already to increase so high and it is not yet getting correction so we do not know if the price can still increase it will get a correction.
But I suggest you wait for a while until the correction comes or you can buy SOL for a small amount to test and see if the price still increases or not. But after all, that will be up to you.
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Yaunfitda
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September 03, 2021, 12:42:56 PM |
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It was really expected that Solana will able to reach 3 digits. Quality project and the best team behind on this project, as Ethereum still don't solve their current problem which is high transaction fees, these kinds of alternatives chain will still grow and more useful. There are still a few projects under Solana, a few months ago when Solana was still around $20-$40, pioneer projects especially DeFi was still growing and if you look at now, millions and billions for theirs TVL.
Hard to tell from the beginning, but since we are in a bull run, every coin that is solid will eventually reaches all time high, like BNB, ADA and others, and know SOL. Perhaps that's what investors and projects are looking for, despite ETH upgrade, the problem still persists and I doubt that it will be fix in the future as obviously the price is getting high. Similar to bitcoin network, gets decongested every time it goes up. For buying SOL, hard to say at this point, maybe it can still go up, but I'm not expecting another huge return of 100x in this bull run.
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Sanitough
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September 03, 2021, 12:50:55 PM |
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I don't suggest you buy it, you said "it's already $144", that means the price has increased a lot already, if you ride, you might panic when it will start to fall as correction is bound to happen to the market. I guess being patient is very important, make sure you are confident in buying based on your analysis and not what other people told you to do so.
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distr@yopmail.com
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September 03, 2021, 12:57:58 PM |
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The development of the SOL market is indeed extraordinary. but buying when the price is in a pump rally is not recommended. unless you are a pro trader who has fast trading skills. because most of today's traders implement fast or short trades when the coin pumps momentum. if you don't have it then don't try it, although the pump potential could be even higher. SOL is indeed being a concern of many people in the community today.
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DapanasFruit
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Binance #Smart World Global Token
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September 03, 2021, 01:04:13 PM |
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Solana is the biggest reveal for this year as it keeps on jumping from one price to another as if there is no limit to its growth. However, we know that cryptocurrency can be tricky as there is nothing that will really go on growing sometime there can be possible correction. Now, if you think that there is still chance that it can go on reaching the level of BNB then of course it can still be a good time to buy SOL but as always be careful as nothing is guaranteed in this market.
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TheMimic1
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September 03, 2021, 01:08:52 PM |
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It depends, I don't buy coins when they are surging already unless I'm positive that this bull trend will be around for some time, I'm expecting a bear market very soon so my answer is no, I'd rather buy ETH because I'm positive it will grow over 3900$, SOL is only good for short term
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Kemarit
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September 03, 2021, 01:09:46 PM |
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Why not though, it has proven that it can go from $1 to $144 (although it take years to accomplished it).
And the thing is, we are still entering the last quarter, wherein a lot of crypto will be having their bull run, so there's a big possibility that Solana can still go up, just matter on what price will it peaked during this super fast rally. So for me, it's not that bad to still invest on them, but just remember the old saying here, "Invest what you can afford to lose".
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Nalien
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September 03, 2021, 01:14:27 PM |
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Not a good decision to buy at this price. I can be worth more but there is still some risks as it's already high I'd wait for the drop in the price.
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cryptoaddictchie
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Fully Regulated Crypto Casino
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September 03, 2021, 01:29:48 PM |
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Not sure I can affort to buy it now with this price. Lucky those who are bought or hodl their tokens from ICO. It seems that a huge profit for them but even traders who bought it at single figure before and still holding still on massive profit. There are other blockchains too that keep on the go like fantom, avalanche, and polygon. These 4 are literally killing off the major ones. For me I think solana could go to bnb lvl or even imitate what eth does.
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chaser15
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September 03, 2021, 01:33:59 PM |
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No one can tell you what will be your decision.
Try to analyze the SOL market as much as you can. Reading other thoughts will just make you confuse. The fact that the price that it climbed from $1 to $144 and you see the project has a good and active development, you can always bet that more price increase can happen soon.
All decisions are risky. There's no 100% perfect strategy.
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