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Author Topic: Should you sell ethereum and btc to buy Solana/SOL?  (Read 496 times)
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December 24, 2021, 06:50:22 PM
 #61

I think ETH will be difficult to grow bigger, the number of big projects switching to other networks will make ETH usage even lower and I have shifted more than 80% of my ETH to MATIC and TRON. and a little for Solana.
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.

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December 24, 2021, 07:05:51 PM
 #62

I think ETH will be difficult to grow bigger, the number of big projects switching to other networks will make ETH usage even lower and I have shifted more than 80% of my ETH to MATIC and TRON. and a little for Solana.
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

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December 24, 2021, 08:59:49 PM
 #63

I would hold Ethereum instead of selling to buy Solana, even though Solana is a fantastic coin and the best performance for a year but ETH is an old coin that has the second largest marketcap so it is safe for us to hold long term.

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.

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December 24, 2021, 10:21:45 PM
 #64

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?
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.

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December 25, 2021, 07:26:30 AM
 #65

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?

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.

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December 25, 2021, 02:41:08 PM
 #66

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.

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December 26, 2021, 06:13:22 AM
 #67

Good for long term or brief term investment?
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.

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December 26, 2021, 10:11:19 AM
 #68

I would hold Ethereum instead of selling to buy Solana, even though Solana is a fantastic coin and the best performance for a year but ETH is an old coin that has the second largest marketcap so it is safe for us to hold long term.

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.
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

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December 26, 2021, 07:40:39 PM
 #69

It all depends on the odds and games in the market. Solana's current movement in my opinion has a good chance for the long term.
Short term can also provide benefits. What I need to say is that Solana is a good coin compared to Dogecoin in terms of investment...

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.

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December 28, 2021, 07:30:52 PM
 #71

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.
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December 28, 2021, 11:41:45 PM
 #72

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.

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December 29, 2021, 02:15:38 AM
 #73

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.
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.

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December 29, 2021, 04:59:42 AM
 #74

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?
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.
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.
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.

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December 29, 2021, 01:36:11 PM
 #75

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?
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.
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.



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December 30, 2021, 05:13:05 PM
 #76

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?

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.

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December 30, 2021, 07:48:02 PM
 #77

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.
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December 30, 2021, 07:52:12 PM
 #78

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.

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December 30, 2021, 09:11:58 PM
 #79

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?

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.
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December 30, 2021, 09:40:27 PM
 #80

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?

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.

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