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Author Topic: Is Solana a good investment in this 2022?  (Read 617 times)
Belinda1732 (OP)
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September 10, 2022, 04:50:50 PM
Last edit: September 11, 2022, 01:16:51 PM by Belinda1732
 #1

Some analysts predict solana will soar in 2022, will it actually happen? considering the crypto inflation.



here is my Reference:  https://priceprediction.net/en/price-prediction/solana
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September 10, 2022, 05:56:42 PM
 #2

many cases come from solana's network and that may make the level of trust decrease also from the community, but I assure you that whatever your investment, you need to do more research even though we all know solana is a big and quite famous project, but you need to do research to convince yourself if solana is worth investing in, all cryptocurrencies will go up in time when bitcoin also goes up, so wait for that and invest whatever you want because it's your money and I'm not a financial expert either, best for you

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September 10, 2022, 06:02:59 PM
 #3


acctually solana was a good investment in 1st  Q in 2021.  now solana  has come down  and hype is over and also solana has shawn many of weaknesses as many did not expect. solana was cheap , fast  and scalable blockchain in 2021 bull run and performed very well. but my personal idea is solana is getting away from the attention of investors and big tech companies. there are many better solutions are popping out there in this bear market. so my recomendation is not stick in old coins and tokens.  just try to move farward with new technologies and new coins. good luck.

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September 10, 2022, 06:48:37 PM
 #4

lots of people believe that solana will again high flown in worth in this year so i think investment in solana will be full of ascendancy. Actually solana employ the technology of POS and due to this reason it is perpend as one of the prompt networks and it operates more effectively than any other network. Solana is thought to somewhat a stable coin and during these days solana can be purchase to grip for elongated span.

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September 10, 2022, 07:30:15 PM
 #5

At $30-35, it's not a bad price to start a long-term investment. Although there are a lot of contradictory opinions about Solana lately, this asset is still one of the top 10 cryptocurrencies by capitalization. If you are willing to wait 2-3 years and not touch SOL in your portfolio, you could give it a try. Next bullrun Solana may try to update its ATH and finally launch a full-fledged network, not a beta version, which is still filled with a bunch of bugs.

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September 10, 2022, 07:42:33 PM
 #6

Some analysts predict solana will soar in 2022, will it actually happen? considering the crypto inflation.

Can you provide a reference from the analyst you are referring to? maybe we can find some plausible reasons why they say $SOL will go up this year. For me, Solana has become a project that has a risk that exceeds other mainstream projects. We've recently heard some negative news about this project, ranging from unstable networks to major hacking cases on their network.

There is no reason for me to say that Solana is the right investment and will go up this year.

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September 10, 2022, 07:59:47 PM
 #7

Some analysts predict solana will soar in 2022, will it actually happen? considering the crypto inflation.

Where did you read the information provided by the analysts? Because in online you will find many so called experts who give different types of updates without any basis. But Solana is still a top coin, this coin has high potential to do something big in the next bull market. So one must be very careful while investing and also be aware of what kind of risks one might face. Because no one can say for sure what Solana's next trend could be.

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September 10, 2022, 08:09:44 PM
 #8

Some analysts predict solana will soar in 2022, will it actually happen? considering the crypto inflation.
If you like solana, then it will not be a mistake to buy at 5-10% of the investment portfolio.
Investment Funds, even at this sale price, will receive more than 800x profit.
So I buy kusama, Cosmos, Polkadot and other big ecosystem projects.

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September 10, 2022, 08:34:17 PM
 #9

Some analysts predict solana will soar in 2022, will it actually happen? considering the crypto inflation.
Anyone even not analysts, I've seen say that it will go up for this year and nobody knows if that will happen until we see the end of this year. If you think about inflation, most likely in cryptocurrencies, it is deflation if it has a limited supply. As for SOL, it has a limited supply but it's still a lot although it's on the top because of the NFT craze that we've seen for the past year and SOL has made a huge part on that thing.

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September 10, 2022, 08:36:14 PM
 #10

Some analysts predict solana will soar in 2022, will it actually happen? considering the crypto inflation.

Holding solana now can be fraught with certain risks due to the recent solana crash, however at current prices it is appropriate to buy and hold, but don't buy all sol, only buy with money you can lose.
It is acceptable for a blockchain to have problems in the early days of development, as long as they try to fix it and constantly develop and improve, there is nothing to worry about. As far as I follow, the sol developers are still actively working, they still haven't given up on the project despite the recent problems.
I think it's very difficult for Sol to get back to his old ATH but a move to $60, $70 is possible.

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September 10, 2022, 09:00:12 PM
 #11

I really don't see anything which will trigger the pump of Sol in the main time it might only gain small gain from the current green market. But their is nothing too serious about sol which is worth my investment and hope.

Some analysts predict solana will soar in 2022, will it actually happen? considering the crypto inflation.
Can you provide a reference from the analyst you are referring to?
I don't think their is any references to that if not it could have been added earlier. I believe it's just a self presume prediction.

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September 10, 2022, 11:00:37 PM
 #12

Solana is a centralized chain, I don't expect people to trust it easily and I really don't expect it to reach its ATH anytime soon it was able to hit around $250 back in October 2021 thanks to the hype about the upgrades that were going but still I wouldn't buy more than 10% of my portfolio if I were to buy ever again.

We never know what the developers are cooking now or preparing for the future of this currency, be sure to stay updated.
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September 10, 2022, 11:16:19 PM
 #13

Some analysts predict solana will soar in 2022, will it actually happen? considering the crypto inflation.
I have read several similar posts about Solana investment.
Well, actually Solana is one of the most successful coins created before this bearish era. Many companies use this network for any transaction. This is considered to compete with Ethereum much, moreover this offers a lower fee for transactions. Now we can see several exchanges also provide Solana network for transferring.
If the utility is continuous and used many more, yes, I tink that this is worthy enough. But, ensure that you don't only invest in SOL, it is better to divide your money into sveeral top coins. 
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September 10, 2022, 11:17:57 PM
 #14

Some analysts predict solana will soar in 2022, will it actually happen? considering the crypto inflation.

Some analysts say Solana will pump like crazy soon, some analysts say it will stay relatively stable in the near and mid term future and other analysts finally say that Solana will go down in terms of the price. To be honest i really would not give those analysts to much credit. Especially if they are just crypto influencers because 99% of them are not neutral, they just want to shill their own bag. In most cases they get access to investments into the seed or private round of a new project, which means they get the tokens way cheaper than normal people once the token becomes tradeable and for that they need to shill this project obviously.
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September 11, 2022, 12:13:00 AM
 #15

many cases come from solana's network and that may make the level of trust decrease also from the community

yeah i heard a lot of this,  Undecided, some of the news is network throttle when solana is claim their network is much faster than any other chain even faster than visa

but as far as I'm using Solana is powerful enough there is dozen of nft and gamefi project that host on solana chain.

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September 11, 2022, 12:31:16 AM
 #16

Some analysts predict solana will soar in 2022, will it actually happen? considering the crypto inflation.

The analysts are just analysts, but it doesn't mean that their predictions are always correct especially when it comes to Solana. I'm not a fan of predicting prices to be honest.

As for your question whether if Solana is a good investment or not, I cannot answer that for you. Coz' no matter if it's use cases are impressive, it's still subject to market volatility and the price movement is unpredictable whether it goes up or down without warning. 

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September 11, 2022, 04:34:29 AM
 #17

I think it's not a good investment. Because their trust is broken. But if you want to invest still, invest in something that you can afford when you lost.
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September 11, 2022, 04:56:15 AM
 #18

Some analysts predict solana will soar in 2022, will it actually happen? considering the crypto inflation.

The analysts are just analysts, but it doesn't mean that their predictions are always correct especially when it comes to Solana. I'm not a fan of predicting prices to be honest.

As for your question whether if Solana is a good investment or not, I cannot answer that for you. Coz' no matter if it's use cases are impressive, it's still subject to market volatility and the price movement is unpredictable whether it goes up or down without warning. 

Like us, we can also make predictions, because predictions are by no means guaranteed to be true. Don't take advice from experts broadcast in the media, I doubt their qualifications or they get paid to do it.

About Solana, yes it used to be a good investment and its peak ATH is $260 in 2021. But is it still good now?, is it possible to return to the old ATh price? no one knows. Investing is risky, so you should do your own research and make your own decision.



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September 11, 2022, 04:59:30 AM
 #19

Some analysts predict solana will soar in 2022, will it actually happen? considering the crypto inflation.
Since you are only thinking about what it may happen to Solana during the rest of this year then I'll probably say that this is not really a good moment to invest in it, now if you were interested in investing in this coin for the long term and you were interested in making it a part of a balanced portfolio then it will make sense to invest a little bit of your capital in Solana at this moment, but even then there will be a high risk associated with doing something like this as the opinion of the community regarding Solana can differ greatly from traders a trader.
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September 11, 2022, 06:05:08 AM
 #20

So many times people have been asking this questions. I guess if you wanna spend a few minutes in your life to dig some old thread and you may find another thread that has similar thing with it, solana was a major coin that has been decreasing a lot to the bottom due to the bearish trend.
The bullish trend may make solana to go up again. Im sure that people aware about that. Solana ecosystem being used by so many people for their daily transactions. Im not feeling doubt if that will make solana to go up drastically once bullish trend will come.

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