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Author Topic: Is Solana still bullish now?  (Read 1355 times)
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October 15, 2021, 04:48:52 PM
 #101

Even though Solana is currently experiencing a slight decline, I believe Solana will be bullish again in the near future, because Solana is one of the altcoins that has very good fundamentals, this can be seen from the case that occurred some time ago against Solana, the price declined  drastic and the price is very unstable, but solana can still survive and rise from adversity, where solana had dropped below $140, but now SOL has risen above $160, in my opinion solana's achievement is extraordinary and very worth investing in.

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October 17, 2021, 04:08:09 PM
 #102

Solana is an extremely strong task and not at all like other over cost coins Solana really has an item that they can introduce for utilities however other are simply increment on publicity and don't have any functioning item. I think the bear market is as yet far off on the grounds that the delay among bull and bear advertises ordinarily sets aside time.


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October 17, 2021, 04:58:56 PM
 #103

For me Solana (SOL) is still bullish right now, we have to wait for the right moment and time until SOLANA can go bigger.
i already invested my money on SOLANA since last year, i gained quite enough, but i will wait for 3-4 years ahead so that i can earn as much as possible.

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October 18, 2021, 07:07:14 AM
 #104

Even though Solana is currently experiencing a slight decline, I believe Solana will be bullish again in the near future, because Solana is one of the altcoins that has very good fundamentals, this can be seen from the case that occurred some time ago against Solana, the price declined  drastic and the price is very unstable, but solana can still survive and rise from adversity, where solana had dropped below $140, but now SOL has risen above $160, in my opinion solana's achievement is extraordinary and very worth investing in.
It's real simple guys - Just keep stacking! I personally am thankful for this drop in price and I hope it trades like this for a while. Each week I stack more and more. Strong hands will prevail, there is no doubt the future is bright for SOL.
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October 18, 2021, 09:49:37 AM
 #105

For me Solana (SOL) is still bullish right now, we have to wait for the right moment and time until SOLANA can go bigger.
i already invested my money on SOLANA since last year, i gained quite enough, but i will wait for 3-4 years ahead so that i can earn as much as possible.

For the long term the next 3-4 are indeed a good choice to invest in sol, maybe one day sol can compete with ETH in the future and become the next altcoin king. especially now that bitcoin is bullish at the moment, I don't think it's a problem trying to invest in solana with its current value of around $160.
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October 18, 2021, 10:38:40 AM
 #106

For me Solana (SOL) is still bullish right now, we have to wait for the right moment and time until SOLANA can go bigger.
i already invested my money on SOLANA since last year, i gained quite enough, but i will wait for 3-4 years ahead so that i can earn as much as possible.
You've chosen a very good coin and right in the last year, and if you have enough patience in terms of waiting for profits, then I'm sure you will get it with a target time that is not completely predictable too, because Solana's journey is also not determined by anyone alone.

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October 18, 2021, 10:58:09 AM
 #107

After you asked the question, the SOL price began to decline. More precisely, the downtrend has been outlined since 9 September. I hope your friends have not invested in Solana and have not experienced disappointment.  Cry

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October 18, 2021, 02:55:45 PM
 #108

For the long term the next 3-4 are indeed a good choice to invest in sol, maybe one day sol can compete with ETH in the future and become the next altcoin king. especially now that bitcoin is bullish at the moment, I don't think it's a problem trying to invest in solana with its current value of around $160.

If I'm being objective, SOL at this price compared to BNB at about 2.5 times the price, and CAKE at about 12.5% of the price, seems like another TRX 3 years ago. So yes, it should be good to buy now if you're willing to wait 3+ years for the next BTC halving cycle to push alts back up, but I'd rather put money into BTC and wait for that to grow in this rally.

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October 18, 2021, 08:15:30 PM
 #109

If I'm being objective, SOL at this price compared to BNB at about 2.5 times the price, and CAKE at about 12.5% of the price, seems like another TRX 3 years ago. So yes, it should be good to buy now if you're willing to wait 3+ years for the next BTC halving cycle to push alts back up, but I'd rather put money into BTC and wait for that to grow in this rally.
I would say that BTC will not be making "that" much profit. Alts usually have a lot higher returns because bitcoin has such a huge market cap and the smaller coins have a lower cap so they are increasing a lot better. This means that there is a good chance you could literally make 10x while bitcoin makes 2x. I am not saying that SOL will be making 10x in the future neither, I do not know if that will happen or not, I am just guessing that it could do that a lot easier compared to bitcoin.

Yes, they are doing fine and yes there is a chance that it could go up and people are investing into it like they found the gem they are looking for but it has already increased so much which is why I am not sure if that is the one that they should be looking for. I believe that maybe something even lower could be something a lot better in the long run since it would have a longer path to success.

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October 18, 2021, 10:41:35 PM
 #110

Depends as more and more projects continue to adopt sol I think personally we are going to see so much of its ecosystem booming and that surely bound to spike price of the protocol Instead of checking wether market is over or not I think it will be better to keep your focus on fundamental coins that will bring you value

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October 18, 2021, 11:13:37 PM
 #111

Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?

Solana is still a very new project, so there will definitely be many more pump and dumps at its price. In my opinion, it is a very promising project that has a good chance of being successful. However, I think it may take a little longer than we think. If someone is prepared or is looking for long term investment, Solana is a good choice in my opinion.

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October 19, 2021, 12:06:43 AM
 #112

Depends as more and more projects continue to adopt sol I think personally we are going to see so much of its ecosystem booming and that surely bound to spike price of the protocol Instead of checking wether market is over or not I think it will be better to keep your focus on fundamental coins that will bring you value
As we can see, SOL has been really strong and explosive over time, and the ecosystem is expanding and attracting more developers to build on top of SOL.
However, I personally think that the growth will not be as strong as before, because of the rise of other platforms in the market as well as the growth of BIT, but I still highly appreciate the ability of SOL in the market current.

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October 19, 2021, 08:26:30 AM
 #113

Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?

Solana is still bullish.. Im pretty sure of that. As far as solana ecosystem still functions and devs still use it, Solana is still bullish. Just wait for the right time. And you will not regret investing on Solana

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October 19, 2021, 09:34:14 AM
 #114

I'd rather put money into BTC and wait for that to grow in this rally.
I would say that BTC will not be making "that" much profit. Alts usually have a lot higher returns because bitcoin has such a huge market cap and the smaller coins have a lower cap so they are increasing a lot better. This means that there is a good chance you could literally make 10x while bitcoin makes 2x. I am not saying that SOL will be making 10x in the future neither, I do not know if that will happen or not, I am just guessing that it could do that a lot easier compared to bitcoin.

Yes, they are doing fine and yes there is a chance that it could go up and people are investing into it like they found the gem they are looking for but it has already increased so much which is why I am not sure if that is the one that they should be looking for. I believe that maybe something even lower could be something a lot better in the long run since it would have a longer path to success.

Alts always seem to make more because of low market cap and that influx of new investors (or shall I say speculators). But for every alt that moons, there are 10 or more that don't. And the speculator will probably lose out on a few for the sake of hitting the gold mine but that's a time consuming and capital spreading gamble that Bitcoin doesn't have.

That's the main difference for me. Peace of mind Smiley

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October 19, 2021, 12:50:44 PM
 #115

Solana has performed amazingly since 2021, I'm happy because I bought Solana early 2021 for around $13 and was able to sell at $160 a month ago and already made a profit of over $560, and still have Solan for me to sell when I really need the money.
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October 19, 2021, 01:46:14 PM
 #116

The truth has seemed very strange to me that a good pump has not occurred on the part of Solana, however when reviewing the analysis by cointelegraph it shows the following:


Quote
Conversely, if the price rebounds off the current level and sustains above $167.65, it will suggest that buyers are back in the game. The pair could thereafter rally to the 61.80% Fibonacci retracement level at $177.80.
Source: https://cointelegraph.com/news/price-analysis-10-18-btc-eth-bnb-ada-xrp-sol-dot-doge-luna-uni

I think the reason why it does not go up is because of the number of bearish attacks it has suffered, so far the price according to CMC is at 156USD, it is possible that the pump could be unleashed at any moment.

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October 19, 2021, 02:32:19 PM
 #117

Solana has performed amazingly since 2021, I'm happy because I bought Solana early 2021 for around $13 and was able to sell at $160 a month ago and already made a profit of over $560, and still have Solan for me to sell when I really need the money.

Wow, you really make a good investment with this coin, there are people who also earned like you who still following this coin, SOL still a good investment if you are aiming for more, The chance to receive more investors is really high, with the development coming from the team and with all the progress, this new chain will attract more investors and developers to use the system.

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October 19, 2021, 03:41:16 PM
 #118

Do you know what is the lowest price SOL has been in the past 3 months? 25 dollars. Do you know what the highest was? It was 217 dollars. That is nearly 10x increase within the same 90 days period. If you are not sure about what Solana could do and how volatile it is, then just check what the price has been. Right now, it is at 157 dollars as well, dropped as low as 130 after reaching the peak as well. So, within 90 days it moved from 25 dollars to 217 dollars to 130 dollars and back to 160 dollars.

This is why I would not be saying solana is a bullish coin alone, it is both bullish and bearish at the same time. That scares me as a SOL investor, but I could see SOL go above 200+ dollars and can see it go under 100 dollars at the same time. I am not sure which one it will do, but I am sure that it will be volatile, that is the part I am definitely certain about.

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October 19, 2021, 07:50:32 PM
 #119

Solana has performed amazingly since 2021, I'm happy because I bought Solana early 2021 for around $13 and was able to sell at $160 a month ago and already made a profit of over $560, and still have Solan for me to sell when I really need the money.

Wow, you really make a good investment with this coin, there are people who also earned like you who still following this coin, SOL still a good investment if you are aiming for more, The chance to receive more investors is really high, with the development coming from the team and with all the progress, this new chain will attract more investors and developers to use the system.
Even tho many people have made big gains thanks to investing in Solana but they still come back and look for a chance to reinvest. This is a very interesting thing that Solana has and because of this, Solana is both bullish and bearish as the price goes up and down in a short amount of time. All because of cashing out and reinvesting.
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October 20, 2021, 02:59:23 PM
 #120

Solona is in the list of one of those project who has there own blockchain. Which mean they providing smartcontract to othere project so its clear that solana has too utilities. Solana has nft marketplace on there blockchain also so solana has too many useage which will help to regulate his price and we can expect that solana will hit it all time high in this bullrun

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