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Author Topic: Solana drop up to 5%  (Read 403 times)
tjtonmoy
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June 29, 2022, 05:15:51 PM
 #21

Still waiting for the market to crash a bit more. For me, it's still not in a good position to enter the market. Hold your assets and wait a bit more. If you can make a DCA (Dollar Cost Average) out of it, then it should be fine.
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June 29, 2022, 11:12:36 PM
 #22

should i buy this time or invest in other Crypto? is Solana good investment?
Perhaps, you can. Solana is a good and growing project, however, with this bear situation, you can expect its price to drop just like the other projects. If you have some guts and interest in this then I would say go for it. But I would advise not just to put a huge amount into this (5-10% investment share is good enough) and of course, must accompany with Bitcoin and other potential altcoins, meaning - don't risk your money solely to Solana.


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June 29, 2022, 11:19:15 PM
 #23

should i buy this time or invest in other Crypto? is Solana good investment?
All altcoins are dropping, there may be still another drop in price for Solana and also other altcoins. I cannot guarantee that Solana is a really good coin. But, if are looking at the blockchain concept, its development, and also utility, this coin has a high chance to survive passing this bearish market and will probably have a chance to have a higher price in the future.
But once more, this is only my opinion. I also have Solana and still holding them because the price still keeps dropping. I am sure that this is one of the worthy coins to hold for long term, at least until the next bullish period.

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June 29, 2022, 11:21:34 PM
 #24

solana definitely a good investment, it's been going quite great even in the middle of massive correction but 5% fall of value is nothing.
If you truly want to accumulate, maybe compare current value with the ATH, then maybe you could see if the current value of solana is really worth accumulating or not.
After all solana has lost majority of its value and maybe at this current time is best for accumulation even if the value didn't fall 5%.

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June 29, 2022, 11:29:26 PM
Last edit: June 30, 2022, 02:00:42 AM by Queenboss
 #25

Solana is one of the few projects that I consider a gem, owing to the fact that most NFTs are developed in the chain. The issue of 5% reduction in the value of Solana is no news as most coin in the market has witnessed much more reduction in value and it feels like Solana has had a fair share in the falling prices.
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June 29, 2022, 11:33:37 PM
 #26

should i buy this time or invest in other Crypto? is Solana good investment?
I, as an investor, see that this is the time we have been waiting for years to buy high-potential coins at a low price, and highlight Ethereum and Solana. Although I lost a lot of my capital in investing Solana coin after its price reached a low level compared to its price several months ago, but I still Optimistic about this coin, I can't tell you to buy or not, we all have our own opinion, but this coin will have a bright future when the bull season approaches. So do not rush to enter, do your own analysis, and then make your appropriate investment decision

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June 29, 2022, 11:42:09 PM
 #27

should i buy this time or invest in other Crypto? is Solana good investment?
For a coin whose blockchain had blacked out over 7 times should be more than enough reason for you not to waste your money on such overhyped shitcoins. Believe me, you will never see  a new all-time high for solana just like the man other proof of stake shitcoins. Just ask people who bought EOS in the last bear market.

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June 30, 2022, 02:11:04 AM
 #28

should i buy this time or invest in other Crypto? is Solana good investment?
Maybe Solana is one of the good altcoins to invest in, but in my opinion it would be even better if we invest with altcoins that have been proven to be able to survive when a bear market occurs and if the bull market returns later it can make the coin price movement able to hit a new ATH again like with ETH and BNB because both have so far proved capable of providing great returns for us especially for those who invest in it long term.

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June 30, 2022, 03:09:02 AM
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 #29

After the recent issue of Solana where the network went offline again after how many hours, the price of Solana really dropped too much and nearly reach $20.
But another good thing happened when they released the Mobile phone on Solana but it seems there is no real huge effect of it on the price.
The market condition is really affecting most altcoins, especially on Solana which really one of many outperforming altcoins last year.

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June 30, 2022, 04:13:48 AM
 #30

should i buy this time or invest in other Crypto? is Solana good investment?
Solana is one of the coin that I bought during this season because I believe its worthy to include in my portfolio. So to answer your question if you should buy I can say it depends on your analysis. DYOR to find out because you'll going to invest your own money after all. The price is cheaper compared to before and we know its always a good time when the coins are decreasing further but still it depends on the specific coin that you'll going to buy.

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June 30, 2022, 04:18:48 AM
 #31

should i buy this time or invest in other Crypto? is Solana good investment?
So far, almost all existing coins are in bad condition, so there is no strong reference to say that Solana is worthy of being invested now. But believe me, if you start reviewing or analyzing Solana before there is a large correction in the market, just promise this coin to invest, at least the initial reference to the journey of Solana has been held, after that just make a decision, to invest or not

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June 30, 2022, 04:29:18 AM
 #32

should i buy this time or invest in other Crypto? is Solana good investment?
So far, almost all existing coins are in bad condition, so there is no strong reference to say that Solana is worthy of being invested now. But believe me, if you start reviewing or analyzing Solana before there is a large correction in the market, just promise this coin to invest, at least the initial reference to the journey of Solana has been held, after that just make a decision, to invest or not

As long as the OP has done his own research and he feels it's a good coin he can invest in, the market has dropped a lot and this is an opportunity to buy. What coin to buy, we cannot give advice because it depends on each person's knowledge.
Solana is also a potential coin, it's not as certain as bitcoin or eth but it's better than shitcoins and memes.
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June 30, 2022, 06:28:15 PM
 #33

should i buy this time or invest in other Crypto? is Solana good investment?

Whether or not you should buy should be up to you to decide, because investing should always be based on your own research, not on forum comments. And you haven't decided what you want to buy Solana for: speculation or long-term investment. Looking at the chart, Solana continues its decline, just like the rest of the industry. If you want to use it for trading, you risk a loss by buying now. If you want to invest, you'll have to be patient and wait for the market to recover.

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June 30, 2022, 08:39:12 PM
 #34

Not only solana the cryptocurrency market has been dropping day by day showing little or no signs of recovery.We are currently in a bear market and everything is going down don't think this is a great time for making an investment one has to be very careful when doing so and make proper research about the project so as to prevent loosing your funds in the bear market.

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June 30, 2022, 10:35:54 PM
 #35

But another good thing happened when they released the Mobile phone on Solana but it seems there is no real huge effect of it on the price.
The market condition is really affecting most altcoins, especially on Solana which really one of many outperforming altcoins last year.
Imagine, now they are focusing on mobile phones instead of improving the network that keeps blacking out. Personally, I think I have got a cheat code to the game. Most of this proof of stake altcoins meant to replace or overtake Ethereum are just money making ventures. During the bull run they pump so hard, then during the bear market, they dump so hard too. In the new bull market, we start seeing new Ethereum killers and the cycle continues

I mean look at EOS, TRON, NEO that were meant to rival Ethereum back then, this last bull run, they didn't even get near their previous all-time highs. The same fate awaits solana, Terra Luna etc

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poodle63
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June 30, 2022, 10:45:34 PM
 #36

solana is quite great investment sometimes better than the likes of avalanche and matic.
But if you could accumulate at the right moment basically at the time solana losing majority of its value then you're gonna be making tremendous return of investment at the time of bullish.
just observe its current value and compare it with its ATH, if you see it's already down more than 60% maybe it's a great time to accumulate after all coin like solana eventually goes up.

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June 30, 2022, 11:11:47 PM
 #37

solana is quite great investment sometimes better than the likes of avalanche and matic.
But if you could accumulate at the right moment basically at the time solana losing majority of its value then you're gonna be making tremendous return of investment at the time of bullish.
just observe its current value and compare it with its ATH, if you see it's already down more than 60% maybe it's a great time to accumulate after all coin like solana eventually goes up.
Solana is in a huge price deduction a good time to buy indeed. But before we decide to buy this we must be sure that we are also willing to wait for the recovery, that possibly a long time. It was spectacular that potential coins are in the huge dump, however, people are still in doubt if they will buy them or not while they are also buying them during the bull season.
Well, even I have the money to invest in crypto, I will still not choose Sol at this time. I have some of it already, so I think that was enough. I'd be rather focusing into Bitcoin and ETH at this time.



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Rainbot
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June 30, 2022, 11:43:17 PM
 #38

Buy solana and investing in another crypto but yeah this is quite profitable enough for you caused by solana is still dipping now. You can buy that with the hope to recover again maybe next year but im not sure if that will be possible to recover this year. The fact that if these days the bearish market is still making bunch of whales are feeling worry to get into the crypto again. It's better if you are also having another option from the market as well.

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July 01, 2022, 08:20:13 AM
 #39

Buy solana and investing in another crypto but yeah this is quite profitable enough for you caused by solana is still dipping now. You can buy that with the hope to recover again maybe next year but im not sure if that will be possible to recover this year. The fact that if these days the bearish market is still making bunch of whales are feeling worry to get into the crypto again. It's better if you are also having another option from the market as well.
It is very important to convert other investments under current conditions, because the market is not so sure that it will have a complete recovery going forward, at this time I still doubt that Solana can have an impact going forward, even to many people's concerns for this year the market is quite difficult to recover, this will affect altcoins, therefore there needs to be an option to outsmart conditions like now, so that the investment we make can run and be able to grow even though it is in a small capacity
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July 01, 2022, 10:00:02 AM
 #40

This does not happen to Solana but almost all cryptocurrencies, as we know that the price trend of cryptocurrencies has similarities, up and down in the same time, but today is good because the market rising again and eth is getting closer to returning to $1200.


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