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Author Topic: SOL is already $144, can still buy it?  (Read 881 times)
AmoreJaz
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September 03, 2021, 09:06:11 PM
 #41

SOL already made a massive pump of 60000% till now and still trending in the crypto space. I think right now it's risky to do an entry so it will be better to wait for another correction. If you still want to invest right now then it will be better to buy in parts. So if the correction happens again buy the dip. This way your average will be slightly lower than your first entry price.
Actually it can be traded in the short term but must have very large funds, if the funds invested are less than $ 1k it is better to wait for the market correction even if there is no immediate correction then be patient when the price drops back to $100, the key to profit in trading is patience and analysis market.

scalping is nice if you have good amount of funds. but if not, you really have to contemplate here because you have no clue if this is the peak or not. but since nft and defi are still selling like hotcakes these days, the chance of profiting is still high. however, if you will seriously venture into this network, make sure you have done your risk assessment and not just reading someone else's opinion.

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September 03, 2021, 09:21:04 PM
Last edit: September 06, 2021, 10:31:29 PM by seleme
 #42

It doesn't worth buying it now, better to wait for the reversal on the trend then join the bulls. Otherwise, the market can go down for a while your trade positions will be underwater. Other altcoins have a similar market performance but it is too late to catch the train in the bull season, IMHO. Waiting for the trend reversal is the best thing to do at the moment, otherwise, we are supposed to but on the top and get REKT. Trading smart requires patience and we have to be careful buying on the trendind markets.

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September 03, 2021, 09:31:31 PM
 #43


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?



New coins with a developed blockchain system will undergo changes faster than the previous coins. SOL is already in 7th place on Coinmarketcap. While the previous coins with the blockchain system are far from expectations. I think SOL will hit $200 by the end of the year.
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September 03, 2021, 09:40:59 PM
 #44

It doesn't worth buying it now, better to wait for the reversal on the trend then join the bulls. Otherwise, the market can go down for a while your trade positions will be underwater. Other altcoins have a similar market performance but it is too late to catch the train in the bull season, IMHO.
What we are witnessing is a bull season part 2 already, we will witness some crazy movements and we should not follow the trend to buy if we are not playing it for short term, buying during the bull run is very risky, it requires deep knowledge so you can also sell it at a profit, and that requires timing.

the price was just over a dollar this year, so this has already increased 100t times, think how risky to ride with it.
check the YTD chart. https://coinmarketcap.com/currencies/solana/
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September 03, 2021, 09:44:07 PM
 #45

The current SOL ATH is about $145, not recommended to buy at $144. I believe the price will have a correction in the near future. It is normal that a crypto coin to experience a correction after reaching its new ATH. If you really want to buy SOL, just wait for its correction and buy at the next dip. But don't forget to always check Solana daily news and crypto market condition. SOL price can have a big chance to continue growing if there will be positive news or upcoming programs/events on Solana projects. But it will be always influenced by Bitcoin price and market situation.

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September 03, 2021, 09:46:59 PM
 #46




Can I still buy it? Which is next one?


Yes, of course, but don't mind about the risk of buying during the hypes, not know if it dumps after or it continues to move high. Iy you but today isn't sure you will get a profit, if that you have spotted this before it turns green, that is really the best time to buy. But as SOL in the rally, that meant so hard and it is really a risk-taking decision.

However, if you have felt it, it was your decision. I'm just giving some possible insights that be going to happen to you but I think it wasn't regretting enough since you are the one who made the decision unlike if someone did it.
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September 03, 2021, 11:11:04 PM
 #47

Don't FOMO and invest. If you are thinking about investing because you believe that it is a really good project, then go ahead and invest as much as you can. Even if the price crashes and you hold for long term, you will likely make some good profit. But only invest what you can afford to lose. The price of Solana after reaching $130 USD the other day, crashed down to as low as $100 USD. Some people started to panic sell. Those who bought at the ATH started to regret. Others held on their bags. Look at the price now. Its higher than before. But don't forget to do your own research. Do you think Solana will still be relevant when Eth 2.0 upgrade goes live? Do you think the ETH sharding update will make Solana obsolete?

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September 03, 2021, 11:19:46 PM
 #48

I don't think your purchase will be right now. If you notice a little better, you will see. Many projects are currently being launched in the Sol chain which is a maximum success. If the scammers take advantage of this, it will have an impact on Sol. Also it will be a correction due to growing very fast. It can go down to 80-100$ again.
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September 04, 2021, 07:24:51 AM
 #49

Don't FOMO and invest. If you are thinking about investing because you believe that it is a really good project, then go ahead and invest as much as you can. Even if the price crashes and you hold for long term, you will likely make some good profit. But only invest what you can afford to lose. The price of Solana after reaching $130 USD the other day, crashed down to as low as $100 USD. Some people started to panic sell. Those who bought at the ATH started to regret. Others held on their bags. Look at the price now. Its higher than before. But don't forget to do your own research. Do you think Solana will still be relevant when Eth 2.0 upgrade goes live? Do you think the ETH sharding update will make Solana obsolete?
Solana is a new project and new project is always easily hyped like that. They try to seed that they are game-changers will will bring a technical evolution. Their projects will be better than old projects. Many promise and newbies see potential for investment from developer promise.

The market does not change and people don't change. They are greed when they should be fearful. With Solana, they should be careful and fearful now.

Buy the rumors, sell the news. They forget to practice it too.

I agree with your precious advice for newbies.
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September 04, 2021, 07:51:36 AM
 #50

You are not missing out on something. You wait for a while and you will see the drop of price to $100 or so for which it could be your opportunity to invest. Indicators is telling us already that is very overbought just as some tokens. If I would buy SOL, I'd probably set aside an amount in USDT to put a buy order on $80 or maybe $60 to see if it's going to be filled when a correction again will occur. 


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September 04, 2021, 09:15:47 AM
 #51

that was not unbelievable if this coin has seen to have a potential right the start but it was rather expected to happen .
 you can still buy this coin because for sure it will continue increase .
are you into hidden gems and you want more ? im not really good at finding them but i heard hidden gems usually listed at small and unfamous exchanges , you can try scanning them  . goodluck 
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September 04, 2021, 10:05:48 AM
 #52

People must be cautious of the price they buy an already pumped asset. I bought few Sol and will likely sell off at $180 and $200 respectively. It's pumping because of NFT and DEFi, people love fast and cheap Blockchain.

Do you remember when BNB starting pumping earlier this year and i went more than 10x. I think SOL is following the same path and it may reach beyond 200$ if bitcoin does not dump. I think we should buy some SOL and hold for insane profits. Also SOL is not a shit project so we will not lose our investments.
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September 04, 2021, 01:19:40 PM
 #53

all decisions are in your hands, if you can accept the risk you can go in and buy SOL I personally still believe SOL can give you 10-20% of the current price, good luck buddy

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September 04, 2021, 04:04:53 PM
 #54

I don't think your purchase will be right now. If you notice a little better, you will see. Many projects are currently being launched in the Sol chain which is a maximum success. If the scammers take advantage of this, it will have an impact on Sol. Also it will be a correction due to growing very fast. It can go down to 80-100$ again.
- Few projects can go a straight line without a hitch, Sol also belongs in crypto and bears the collision rules of resistance and recovery, which means that if Sol doesn't have the surprise of being enlarged and pulled out, Sol will definitely head to the bottom to spread the formation and add more stamina before taking off for the next flight. I haven't looked at Sol's daily candlestick chart yet, so can't give a reasonable buy level but Sol is really under the cover of many new contracts and projects, investment in this ecosystem will be mainstream this year and the next


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letyouearn
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September 04, 2021, 04:13:04 PM
 #55


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?



I remember same emotions and thiughts in 2017, when I was watching Ethereum growing in Spring...  Smiley

I think SOL may hit 400 USD easily till New Year. But it looks risky to enter it now of course.

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RealMalatesta
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September 04, 2021, 07:07:15 PM
 #56

SOL was only $1 last year, now is $144

It is 144 times that of a year

[im g]https://upload.cc/i1/2021/09/03/mr671k.png[/img]

Can I still buy it? Which is next one?
Well, it depends on what you believe of the future of Solana. If you think that it has a great future than you can invest into it and make some money with it, if you believe the future of it is bleak than you should not invest into it.

The current price rarely ever means anything, because at the end of the day we are talking about long term investing for most of these things (altcoins) and if you think that it will make money in the future than going into it makes sense and if you keep on waiting for it to drop if it is a good currency then it will go up and you will be too late. However if you think that the future of it doesn't look too good then you should not purchase any because in the end you may end up losing.
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September 04, 2021, 08:33:00 PM
 #57

SOL was only $1 last year, now is $144

It is 144 times that of a year

[im g]https://upload.cc/i1/2021/09/03/mr671k.png[/img]

Can I still buy it? Which is next one?
Well, it depends on what you believe of the future of Solana. If you think that it has a great future than you can invest into it and make some money with it, if you believe the future of it is bleak than you should not invest into it.

The current price rarely ever means anything, because at the end of the day we are talking about long term investing for most of these things (altcoins) and if you think that it will make money in the future than going into it makes sense and if you keep on waiting for it to drop if it is a good currency then it will go up and you will be too late. However if you think that the future of it doesn't look too good then you should not purchase any because in the end you may end up losing.

It's really impressive to see a project that increases more than a hundred times in just a year, we called them gems in the market and it's not easy to spot it, now that it has pumped real hard, there's a question whether it's still good to ride or wait until it dumps a bit or better look for a fresh coin that could potentially be successful like SOL. The decision is on us, remember than bitcoin starts almost worthless but it reaches $64k as its ATH.
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September 04, 2021, 09:36:33 PM
 #58

It up to you what you want to do.  Personally though, I will not buy green dildo no matter the potential for higher higher of it's price.  Fundermental factors is also very important to consider when pump like this happens on a coin you are watching.  For the sake of following your favorite coin,  you may buy little while you dca later in the future!

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September 04, 2021, 11:10:43 PM
 #59

Can I still buy it? Which is next one?

Changes in the price of the SOL coin are indeed very fast. Not yet a year the price of SOL reached $144. Opportunities are still wide open for those who invest. Because based on most investors' estimates that the price of SOL will reach $200 by the end of the year. But you must have your own analysis, and must seek additional information. Because this results in the loss of your assets.

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September 04, 2021, 11:30:04 PM
 #60

of course the price of SOL can still increase very high again, especially now that SOL is very popular and many people have started to investing in SOL, so that makes the price of SOL can continue to increase very high, so of course now is still the right time for you to invest in SOL and get profit from investing in SOL at this time.
There are only two things that affect SOL to increase, first because of an increase in SOL demand, and secondly because the cryptocurrency market trend is still very positive to date, because when the positive trend starts to decline in cryptocurrencies, surely the demand for SOL coins will also decrease and that can greatly affect the price.

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