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Author Topic: Is it advisable to invest on Solana?  (Read 1330 times)
domoy77
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April 29, 2023, 03:30:15 PM
 #81

at this point i think solana fame has reached another low, that I don't think it's good to invest in solana anymore, even many people here seemed to have same opinion like me, solana just doesn't have the potential anymore it's being left by many people and right now there are many coins that's currently hot like arbitrum, even its massive meme trend have been gathering so much investments, i doubt solana could ever make comeback.
Solana project could be trending again if new news is released but after the arbitrum hype is over, because all the analysis traders are reviewing the development of the arbitrum project and ARB had reached a price of $13 before their token was released, so many traders and investors expected a high price to be reached soon and ignored old project before taking high profit from arbitrum project.



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April 29, 2023, 05:52:23 PM
 #82

As like the BNB most of the crypto traders had their holding in the Solana,because it was expected to reach the value of 100 dollars in short period of time.Still the price of the Solana was in the good pump of 23 dollars.It was expected to rise to the 50 dollars in the end of the June.So that the price of Solana will reach the 100 dollars at the end of the year.Since the demand of Solana was high due to the transaction fee of some new coin based on the Solana network.The USDT also had the withdraw through the Solana in the binance itself.So their was good demand for the Solana in the binance itself.
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April 29, 2023, 10:33:15 PM
 #83

at this point i think solana fame has reached another low, that I don't think it's good to invest in solana anymore, even many people here seemed to have same opinion like me, solana just doesn't have the potential anymore it's being left by many people and right now there are many coins that's currently hot like arbitrum, even its massive meme trend have been gathering so much investments, i doubt solana could ever make comeback.

Solana in the last bull run perfomaces and return is still in the eyes of many investors that is why they are asking and want to buy again to see if it is possible for the price to make such kind of rerun again but I don't think there is any influence that is available right now that will make solana do that kind of thing again. According to what I learn, FTX was trying to make solana the number 1 coin using customers money from FTX to pumped it and now that there are no such kind of money available for use, it will be impossible mission for solana to move up again, if they move, may be $100 is achieveable if the bull run return again.

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April 30, 2023, 07:58:34 AM
 #84

Do whatever you want to do in this case because it comes back to the foundations, as long as you believe in Solana then do that. But on the other hand, with current conditions there are still better projects compared to Solana and indeed the current conditions at Solana are clearly a bit risky for other altcoins.
There are still conditions where we can still consider several more feasible projects. Solana may be good for some circles, but with current conditions, in my opinion, it's quite not worth the risk.
But like I said from the start. it's your decision, as long as you believe in your way and Solana then do it.

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April 30, 2023, 11:50:06 AM
 #85

As like the BNB most of the crypto traders had their holding in the Solana,because it was expected to reach the value of 100 dollars in short period of time.Still the price of the Solana was in the good pump of 23 dollars.It was expected to rise to the 50 dollars in the end of the June.So that the price of Solana will reach the 100 dollars at the end of the year.Since the demand of Solana was high due to the transaction fee of some new coin based on the Solana network.The USDT also had the withdraw through the Solana in the binance itself.So their was good demand for the Solana in the binance itself.

Not so fast. I highly doubt Solana will reach $100 this year. The FUD around Alameda and SBF hasn't died down yet, the coin's recovery may take some time, if it ever happens of course. I'm not surprised where such bold predictions come from, the market is bullish right now, price recovery after a long crypto winter, many have a false sense that growth will continue, but the market often prepares traps for such investors.

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April 30, 2023, 01:06:35 PM
 #86

As like the BNB most of the crypto traders had their holding in the Solana,because it was expected to reach the value of 100 dollars in short period of time.Still the price of the Solana was in the good pump of 23 dollars.It was expected to rise to the 50 dollars in the end of the June.So that the price of Solana will reach the 100 dollars at the end of the year.Since the demand of Solana was high due to the transaction fee of some new coin based on the Solana network.The USDT also had the withdraw through the Solana in the binance itself.So their was good demand for the Solana in the binance itself.

Not so fast. I highly doubt Solana will reach $100 this year. The FUD around Alameda and SBF hasn't died down yet, the coin's recovery may take some time, if it ever happens of course. I'm not surprised where such bold predictions come from, the market is bullish right now, price recovery after a long crypto winter, many have a false sense that growth will continue, but the market often prepares traps for such investors.
Apparently, many investors are expecting too much from Solana. I feel such sentiment because this project show a great move in the past few days and in the previous bull market. But you are right, it is too hard to expect a project to grow fast when FUDs are affecting it as people will surely change their minds upon hearing them. Not actually a bad choice for investment but we also have to keep in mind that not all the time it goes that way (bullish).
Currently it was traded at nearly $24 and thinking for $100, yes, that is way too far from reality.



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April 30, 2023, 01:16:05 PM
 #87

Hello buddies, I am considering buying Solana coins and holding for a very long time. I want to know if this is a good idea before forging ahead to buy it.

Thanks for your responses.

It is important to make your own research and study the flow of Solana coin before making an investment. Solana has gained popularity in recent years due to its fast transaction speeds and low fees, which could make it an attractive option to the investors. Never invest if you have not done any research first so that you will not regret it later on. I think would be a good idea to hold BTC, ETH or BNB for a long term.

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April 30, 2023, 02:37:48 PM
 #88

Hello buddies, I am considering buying Solana coins and holding for a very long time. I want to know if this is a good idea before forging ahead to buy it.

Thanks for your responses.

It is important to make your own research and study the flow of Solana coin before making an investment. Solana has gained popularity in recent years due to its fast transaction speeds and low fees, which could make it an attractive option to the investors. Never invest if you have not done any research first so that you will not regret it later on. I think would be a good idea to hold BTC, ETH or BNB for a long term.

Solana really has a good potential and it has proven a lot through the years even during the bearish season. It maintained a good spot which is also an indication that it still has a chance of achieving more in the coming market seasons though it has been facing controversies these past few months and FUD regarding it has been all over the crypto platforms. I agree that we still must do research before investing in it so we'll have an assurance of our investment choice.
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April 30, 2023, 03:15:37 PM
 #89

Hello buddies, I am considering buying Solana coins and holding for a very long time. I want to know if this is a good idea before forging ahead to buy it.
Since the collapse of FTX, investor interest in Solana Coin has decrease drastically. However, Solana has been able to improve somewhat in recent times. But If one wants to invest in altcoins in the hope of higher profits, one must consider its positive and negative aspects. There is no better investment in crypto currency except bitcoin. Even if a major decline occurs, it can become bullish again. But such an image is not easily seen in altcoins. Also, it's very hard to get new ATH after getting one (ATH) in an altcoin. While investing in altcoins have high possibility of making profit during a bullish movement but when Bitcoin get down and stay on long bearish, altcoin investors will loss a large amount of assets at that moment which is some times impossible to regain.

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April 30, 2023, 10:01:07 PM
 #90

Solana really has a good potential and it has proven a lot through the years even during the bearish season. It maintained a good spot which is also an indication that it still has a chance of achieving more in the coming market seasons though it has been facing controversies these past few months and FUD regarding it has been all over the crypto platforms. I agree that we still must do research before investing in it so we'll have an assurance of our investment choice.
We have to review the potential of the Solana coin after the last few months the Solana coin has not increased, so even though it is a top altcoin it is not always the main option for investment choices because the top altcoin position can change depending on investment interest and trading volume, so don't rush to choose Solana coins and must analyze the market potential so that you do not experience losses rather than market corrections.
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April 30, 2023, 10:28:30 PM
 #91

don't hesitate to invest in SOL, because SOL is one of the best Blockchain projects in the world of cryptocurrencies,
I myself also invest in SOL even though there is a lot of FUD regarding SOL but this is the time to have SOL at a low price.

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April 30, 2023, 10:35:12 PM
 #92

Solana really has a good potential and it has proven a lot through the years even during the bearish season. It maintained a good spot which is also an indication that it still has a chance of achieving more in the coming market seasons though it has been facing controversies these past few months and FUD regarding it has been all over the crypto platforms. I agree that we still must do research before investing in it so we'll have an assurance of our investment choice.
We have to review the potential of the Solana coin after the last few months the Solana coin has not increased, so even though it is a top altcoin it is not always the main option for investment choices because the top altcoin position can change depending on investment interest and trading volume, so don't rush to choose Solana coins and must analyze the market potential so that you do not experience losses rather than market corrections.
Although top altcoin is not always the coin of choice for investment, solana's interest is not that great because many investors switch to investing in other coins, some traders seek short term gains from new altcoins to increase investment value and switch to bitcoin investment, so solana's potential should be reviewed again and we expect some big news to be released to increase the popularity of solana coin.

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April 30, 2023, 11:03:34 PM
 #93

don't hesitate to invest in SOL, because SOL is one of the best Blockchain projects in the world of cryptocurrencies,
I myself also invest in SOL even though there is a lot of FUD regarding SOL but this is the time to have SOL at a low price.
Some incidents were happening with solana. As you can see that there have been a bunch of FUD during FTX dump to the solana. The problem is if solana is still also affiliate with FTX in the past as the biggest investors of solana.

Investing in solana during the dump can also be considered as a good thing. Some may say if it's bad but i don't think so. Solanan is still able stay in the crypto till now. it has proven its credibility.



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May 01, 2023, 04:48:34 PM
 #94

As like the BNB most of the crypto traders had their holding in the Solana,because it was expected to reach the value of 100 dollars in short period of time.Still the price of the Solana was in the good pump of 23 dollars.It was expected to rise to the 50 dollars in the end of the June.So that the price of Solana will reach the 100 dollars at the end of the year.Since the demand of Solana was high due to the transaction fee of some new coin based on the Solana network.The USDT also had the withdraw through the Solana in the binance itself.So their was good demand for the Solana in the binance itself.

Not so fast. I highly doubt Solana will reach $100 this year. The FUD around Alameda and SBF hasn't died down yet, the coin's recovery may take some time, if it ever happens of course. I'm not surprised where such bold predictions come from, the market is bullish right now, price recovery after a long crypto winter, many have a false sense that growth will continue, but the market often prepares traps for such investors.
Apparently, many investors are expecting too much from Solana. I feel such sentiment because this project show a great move in the past few days and in the previous bull market. But you are right, it is too hard to expect a project to grow fast when FUDs are affecting it as people will surely change their minds upon hearing them. Not actually a bad choice for investment but we also have to keep in mind that not all the time it goes that way (bullish).
Currently it was traded at nearly $24 and thinking for $100, yes, that is way too far from reality.

I would say that many home investors or, simply put, individuals. All the big funds or investors have already made their profits. Those who bought above $200, they risk never making anything. Solana, if it follows the path of EOS, will float through the market waves in a certain price range, never reaching its market tops again. I would say that investing in SOL for a very long time is extremely risky and it may not pay off.

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May 01, 2023, 10:33:25 PM
 #95

I believe Sol is one of those projects worth keeping our eyes on. It pops up pleasant surprises sometimes, and keeps on giving in terms of the good and the bad news. Their Achilles heel always is the scalability, which hurts them a lot. Fix it and we are in business
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May 05, 2023, 08:09:04 AM
 #96

Hello buddies, I am considering buying Solana coins and holding for a very long time. I want to know if this is a good idea before forging ahead to buy it.

Thanks for your responses.

The Salana project is currently facing many challenges. but There is a lot of good development going on within Solana regarding web3.Regarding 2023, solana has made a whole road map.And solana have great events coming up in the near future.Apart from this Solana is also bringing a pay network in 2023.Solana is launching a mobile on blockchain.This will be a huge development and will also increase the price of Solana.Here you can earn profit even in short term.Since the price of Solana has fallen so much, they will do everything possible to raise it again.I think this position here could be a good position for investment.

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May 05, 2023, 10:52:57 PM
 #97

Cryptocurrency investing can be extremely profitable, but it is also a high-risk venture. If you want to buy Solana, choose a reputable cryptocurrency exchange and limit your investment to a small portion of your overall capital.

Solana's price has skyrocketed in recent weeks. Solana will not be able to fill the vacuum for long.

Is it better to invest in Bitcoin because it has been around unhacked for over a decade and a half and has around a trillion US dollars in oc value? Despite its unpredictability, Bitcoin is a well-known asset that millions and billions of dollars trust.

Bitcoin is nearly universally acknowledged.

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May 05, 2023, 11:02:53 PM
 #98

solana only worth it for diversifying your investment portfolio further, there's nothing special in solana that I think gonna give you good returns instead, it only good acting for further diversification, if any it's better to invest in l2 which generally are more fluctuative in a good way, that is rather leaning in increasing its value since it hasn't gotten to the peak of potential.

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May 06, 2023, 10:19:56 PM
 #99

Hello buddies, I am considering buying Solana coins and holding for a very long time. I want to know if this is a good idea before forging ahead to buy it.

Thanks for your responses.
Yes. Solana is one of the most active blockchains today. But unfortunately this coin has lost a lot of price since its launch. In my opinion, this coin is one of the promising coins in the future. Apart from that, Solana also has an interesting blockchain system.

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May 07, 2023, 08:06:33 PM
 #100

Hello buddies, I am considering buying Solana coins and holding for a very long time. I want to know if this is a good idea before forging ahead to buy it.

Thanks for your responses.

if you can hold it for a very long time i think you can invest in solana. the point is your patience waiting for maximum results as Solana has passed before.
looking at the price history solana has gone through looks like it will benefit investors holding it in the long term. solana is an altcoin that is rated at Cmc and you can invest in solana with a long term pattern.

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