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Author Topic: Should you sell ethereum and btc to buy Solana/SOL?  (Read 1091 times)
kak uli
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September 25, 2021, 03:16:20 PM
 #121

I don't care if Sol is good long term or short although Sol looks good and a promising project doesn't mean you have to do the stupid thing to sell bitcoin and ethereum to buy the clear and proven Sol both are kings and queens in the crypto market and the best of all time .
if you are interested in Sol, you can do so by buying it without having to sacrifice bitcoin and ethereum for other coins although it is potentially profitable.
Maybe he's just following Solana's development and doesn't care about ethereum and bitcoin or he's just interested in Solana.
I also disagree if selling Bitcoin and ethereum just to buy newly released Coins and booming in the near future. after that it is possible that the value and price will continue to decline, but ethereum and bitcoin will still coexist as a POPULAR digital currency
he follows the trend created by Solo. many projects were successful and had tremendous price increases. Of course, it caught the attention of many traders and investors.
but selling bitcoin and ethereum for SOL I don't think I would. but if you want to trade on the SOL market, I think selling some for trading and still keeping BTC and ETH as main investment assets is not a bad choice.
of course very true to your statement. hopefully our opinion can be responded or listened to by people who want to sell their Main assets for a new digital currency.

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September 25, 2021, 08:11:22 PM
 #122

he follows the trend created by Solo. many projects were successful and had tremendous price increases. Of course, it caught the attention of many traders and investors.
but selling bitcoin and ethereum for SOL I don't think I would. but if you want to trade on the SOL market, I think selling some for trading and still keeping BTC and ETH as main investment assets is not a bad choice.
of course very true to your statement. hopefully our opinion can be responded or listened to by people who want to sell their Main assets for a new digital currency.
This is never been good idea to sell your good stock just for new project but if you're able to do work and check team product and vision then just keep eye and invest small amount is also not bad because it's part of trading and this can give you some better profit as well.

About Solana even it's technological very good but still we need to check is this good for long term and can handle large volumes without snags because for replacing Ethereum and Cardano it's need some good time as these are very established platforms. Please never effect just by the price movement because It's never been a good idea.
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September 25, 2021, 08:21:32 PM
 #123

Honestly no, I don't see this as a good idea, although i don't deny that sol has really surprise many of us and even exceed the expectations of many but btc and eth are the two most recognised coins in crypto, trusted and reliable to some extent,  selling them for sol is not a wise decision at this point when sol already pumped so high, supposing the investment on sol was at it's earliest stage I won't object. Better to invest on sol with new capital and keep btc and eth.
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September 25, 2021, 09:20:15 PM
 #124

As for me, I will not sell Bitcoin and Ethereum for Solana, although Solana is a promising currency and has many advantages that have made it the best among the cryptocurrencies, and certainly it will be a good investment because of it's amazing performance, but you have to hold Bitcoin and Ethereum for long term, and if you have more money than you need So buy Solana and its current price is $134.

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September 25, 2021, 09:33:02 PM
 #125

Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?

Maybe, but not yet imo. Wait for the bull peak, then convert eth/btc to stablecoin, and wait for the bear market crash,
That way you can scoop a lot more solana for cheaps and profit in the next bull
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September 25, 2021, 09:42:32 PM
 #126

I won't do it, selling ETH or BTC to buy SOL isn't a good idea. If we want to buy SOL, it should use the capital/funds from another source. BTC and ETH are the best coins to keep on wallets, they are the safest and most promising coins in the future. If there is an uptrend again in the near future, I bet these two coins to increase faster than others. Especially Bitcoin, it is the first coin to trigger whether to have uptrend season or downtrend season.
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September 25, 2021, 11:30:24 PM
 #127

Seriously?
I will not think about that, selling my Bitcoin and Ethereum to buy SOL.
I know that SOL may be a good or promising project, but there are no better positive things or reasons why I should better choose SOL than BTC or ETH.
So far, I know that these two coins are the website and top coins. I will better to keep my BTC and ETH or until it reached the target, then selling some of them to take profits. But I am not thinking to buy SOl with that profit because I have other plans for other coins or will only cash out my profits for some reason.

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September 26, 2021, 01:36:15 AM
 #128

Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?

I think it will be a big risk that you will accept, but it is a decision, if I were you I would wait and see what progress will happen to the coin, considering that the coin is a newly launched coin, of course trading is not stable compared to ETH and BTC, use your funds well, I don't mean to forbid you from buying these coins, it just takes patience to get profits

kak uli
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September 26, 2021, 12:48:47 PM
 #129

he follows the trend created by Solo. many projects were successful and had tremendous price increases. Of course, it caught the attention of many traders and investors.
but selling bitcoin and ethereum for SOL I don't think I would. but if you want to trade on the SOL market, I think selling some for trading and still keeping BTC and ETH as main investment assets is not a bad choice.
of course very true to your statement. hopefully our opinion can be responded or listened to by people who want to sell their Main assets for a new digital currency.
This is never been good idea to sell your good stock just for new project but if you're able to do work and check team product and vision then just keep eye and invest small amount is also not bad because it's part of trading and this can give you some better profit as well.

About Solana even it's technological very good but still we need to check is this good for long term and can handle large volumes without snags because for replacing Ethereum and Cardano it's need some good time as these are very established platforms. Please never effect just by the price movement because It's never been a good idea.
for now because my previous experience will not be affected by issues or price movements of new coins in the market, let alone having to sell assets such as ethereum and bitcoin, I think it is a bad idea to sell assets just because you want to invest in new coins that are not clear

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September 26, 2021, 01:11:12 PM
 #130

A good decision to trade and buy Solana from the profit earned from trading, reaching ATH at a price of $214 brought Solana to the list of top 10 coins quickly, this is because there are many projects using the solana network, we can see platforms like Solanium doing successful IDO for a month, and several NFT platforms on the Solana network also raised the price of SOL because users or investors needed Sol to. mint fees from NFT, but as we can see, after the price of solana went up, there was a slight problem in the solana network, which resulted in us being unable to send tokens or make exchanges on the Dex platform, once this issue was resolved, the price of soles started to drop and yes, Solana still in its infancy, but is an alternative coin for long-term investments.

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September 26, 2021, 10:27:18 PM
 #131

I think it is a bad idea to sell assets just because you want to invest in new coins that are not clear
Do you think Solana is a new coin? I don't think it is a new coin, it is launched in April 2020, which means already more than a year. In my opinion, it is not categorized by a new coin anymore. Moreover, this coin is in the top 10 coins right now, how can you state this coin isn't clear. The future of this coin is absolutely very bright. Look at its development lately, it is very impressive, right? It is a great idea to buy Solana, but it is better don't get money from selling BTC or ETH.

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September 26, 2021, 10:54:07 PM
 #132

Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?
This was not the smartest idea, for me. Instead of selling my BTC, why not set another capital for Solana, which I think was the best thing to do.

Don't get fooled and become greedy for you to see that Solana is really in huge pump and do you think that you can still catch the good price of Solana again? Honestly, it was late already to invest in Solana, they are already in hypes and it was risky when you bought this time. Maybe if you have seen it in its early days and to sacrifice seeling your BTC OP is good but not this time.

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September 27, 2021, 05:11:08 AM
 #133

I think it is a bad idea to sell assets just because you want to invest in new coins that are not clear
Do you think Solana is a new coin? I don't think it is a new coin, it is launched in April 2020, which means already more than a year. In my opinion, it is not categorized by a new coin anymore. Moreover, this coin is in the top 10 coins right now, how can you state this coin isn't clear. The future of this coin is absolutely very bright. Look at its development lately, it is very impressive, right? It is a great idea to buy Solana, but it is better don't get money from selling BTC or ETH.



yes, I think solana is the newest digital currency issued since April 2020, I think it is still the latest release even though solana has been around for a year when compared to cardano. but that's not what I want to convey to you, if you intend to choose some coins that you want to invest then you should never be influenced by new coins that have high prices, because it is possible to fall back more than before. but look at cardano, the price is growing bigger from year to year and provides the best value for ADA holders, do you believe what I say?

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September 27, 2021, 01:09:08 PM
 #134

SOL is good for long-term investing and I prefer to invest in the SOL compared to ETH. Due to higher ROI on small marketcap altcoins, SOL can go over 400% easily while Ethereum has to cross the $10k price mark. It will take time but time will tell us which side was wrong.
Perhaps investments in SOL can show multiple growth in the long term, but in my opinion, it is safer to distribute investment risks and additionally have Ethereum in your long-term portfolio. It is not known which will bring more significant benefits: a promising newcomer or a time-tested asset.
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September 27, 2021, 01:16:31 PM
 #135

SOL is good for long-term investing and I prefer to invest in the SOL compared to ETH. Due to higher ROI on small marketcap altcoins, SOL can go over 400% easily while Ethereum has to cross the $10k price mark. It will take time but time will tell us which side was wrong.
Perhaps investments in SOL can show multiple growth in the long term, but in my opinion, it is safer to distribute investment risks and additionally have Ethereum in your long-term portfolio. It is not known which will bring more significant benefits: a promising newcomer or a time-tested asset.
because of the popularity of SOL now I think playing for the short and medium-term is the best choice. maybe some fully believe in the progress of SOL. but in the future, we will never know what will happen to this project.
having all three doesn't hurt, but selling the ETH and BTC we have for SOL, I don't think it's the best option.

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September 27, 2021, 01:48:35 PM
 #136

To be honest, I am planning to sell SOL to buy BTC. Actually, as the number of users on SOL increases, the stability of its blockchain has also been greatly affected. The best restaurant is often the expensive restaurant (ETH) with a lot of people in line.
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September 28, 2021, 03:58:23 PM
 #137

To be honest, I am planning to sell SOL to buy BTC. Actually, as the number of users on SOL increases, the stability of its blockchain has also been greatly affected. The best restaurant is often the expensive restaurant (ETH) with a lot of people in line.
It seems to me that now is not the best moment for selling SOL. Despite the recent problems with the Solana network, the overall outlook for the coin's value growth until the end of this year remains quite optimistic.
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September 28, 2021, 04:47:16 PM
 #138

it's not a good idea to sell all ETH and BTC coins to buy Solana. SOL is only making first steps. they are looking promising and there are still many risks. good decision is to invest small part of your money in Solana.

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September 28, 2021, 05:20:43 PM
 #139

I think you can sell ethereum to buy solana and it might be long term or short term whatever, that is profitable strategy i think.
Btc is future gem in strong hand, i don't think you should to sell btc to buy instead of solana or any token.

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September 28, 2021, 05:35:20 PM
 #140

I think you can sell ethereum to buy solana and it might be long term or short term whatever, that is profitable strategy i think.
Btc is future gem in strong hand, i don't think you should to sell btc to buy instead of solana or any token.
solona is still very new. sometimes people feel hesitant to enter solona. that's because the hype is very strong, especially for a project that sells with the solona network. they soon found a good market.
if have more ETH I guess it's ok to share it with solona to keep up with the market hype. quite an attractive strategy for short profits. because solona is still a lot of development.

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