Solana - Is it still good to buy or it's FOMO

[kentrolla]

Solana has been in rally for a while as lot of speculations and news around it and new tokens on it's ecosystem has been credited for it's rally, shall we consider this as beginning and is it a good time to take entry? Someone new to crypto would say "Yes" but those who has been here for a while would be hesitant because we have seen SOL rising from $15 to $259 and then witnessed the downfall as well to less than $8.

I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.

[1715091202]

1715091202

[criptoevangelista]

If you want to buy, buy a little at a time, this currency has already risen too much.

I had the opportunity to buy it for 8 dollars but due to the problems with FTX I let it go.

[letteredhub]

Don't dwell on what you might get back as a reply be it a Yes buy or No don't buy. Do your own thorough research and know for yourself if it's still in the right time to buy or maybe you have missed out on the right time to buy and have to hold on not going to buy at a wrong timing when it must have exhausted the good times.

[Zaguru12]

I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.

You didn’t now or later it will still be base on FOMO, there is much hype around this coin right now because of the the tokens on his ecosystem. Most of the tokens on its ecosystem are doing massive airdrops and some are getting listed on top exchanges this has caused Altcoin hunters to chase after it. 80k is high but not still close to the ATH, I think it will break soon if the market continues like this most especially bitcoin continues to increase. You can buy it but have it that no Alticoins is to be trusted

[kentrolla]

I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.

You didn’t now or later it will still be base on FOMO, there is much hype around this coin right now because of the the tokens on his ecosystem. Most of the tokens on its ecosystem are doing massive airdrops and some are getting listed on top exchanges this has caused Altcoin hunters to chase after it. 80k is high but not still close to the ATH, I think it will break soon if the market continues like this most especially bitcoin continues to increase. You can buy it but have it that no Alticoins is to be trusted

Yes, cannot trust any Altcoin as that's why I had mentioned it's not for long term. The recent hype around this coin is what makes me take a step back because you know how soon altcoin can fall from grace anytime. Hence will do some further research if there any any other events lined up for this coin which can increase its value and if yes then will make entry else will wait for a while instead of rushing into it.

[tvplus006]

...I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.

You should not experience FOMO, treat it like a train that left without you. You will certainly have other opportunities to make a profit. Focus on finding another coin, the price of which has not changed much yet and, accordingly, can bring you a good profit.

[JeffBrad12]

Im not so sure with this coin, the rally was first initiated when there are so many bad rumours about this coin that i refrained buying it for the sake of investing and now i missed out on rally.
now i really feeling eager to buy this coin but honestly if i already missed the rally then i already missed it no point risking my money buying at peak just for the sake of waiting the follow ups rally that could be there or not going to be there.

honestly im also confused on whether to DCA this coin but well I decided to find another coin out there that just as better, after all we're not lacking any good coin like INJ for example that currently flourishing and could probably get on the same level as matic somehow in the future. one thing for sure though im not buying when the coin already reached peak, not gonna do the same mistake again like in previous bullrun.

[Reatim]

Solana has been in rally for a while as lot of speculations and news around it and new tokens on it's ecosystem has been credited for it's rally, shall we consider this as beginning and is it a good time to take entry? Someone new to crypto would say "Yes" but those who has been here for a while would be hesitant because we have seen SOL rising from $15 to $259 and then witnessed the downfall as well to less than $8.

I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.

Solana is doing great now and it is indeed because double digit increase just in 24 hours and more than 20% in the last 7 days.

https://coinmarketcap.com/currencies/solana/

but asking if it is a good timing to invest now? if you are ready to risk the chance then why not mate? because Solana had been seeing a good coin for 2023 and has a great future more.

but if you can keep it for how long till next year at least? then yeah try to  buy and hold for some time .

[Obim34]

Honestly as this is a matter of investing, you should first consider base on your own speculations. If you feel definitely it will pump but your only fear is for it dumping back then it is less of a problem as you can buy as it is low then sell during the bull run incase it decides to dump back.
Investing in Solana is not a bad idea but base on deductive reasoning all Altcoins are basically of higher risk than that of Bitcoin l.

[rodskee]

Honestly as this is a matter of investing, you should first consider base on your own speculations. If you feel definitely it will pump but your only fear is for it dumping back then it is less of a problem as you can buy as it is low then sell during the bull run incase it decides to dump back.
Investing in Solana is not a bad idea but base on deductive reasoning all Altcoins are basically of higher risk than that of Bitcoin l.

the problem of OP now is that Solana had already climbed high till today so if he is still in line
to invest or there will be a dumping to come sooner . this is the problem of many people in crypto when
they felt being lazy or late in having the right timing to buy and hold , because surely there will be either
correction or dumping to follow any time soon.

...I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.

You should not experience FOMO, treat it like a train that left without you. You will certainly have other opportunities to make a profit. Focus on finding another coin, the price of which has not changed much yet and, accordingly, can bring you a good profit.

+1 in this mate, the train already passed and there is no way to take the ride same time .

[bluebit25]

(...)I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.

Imo, FOMO is not necessary with crypto that we have missed. With the altcoin space we have many options, don't get too excited and FOMO in an unwise way according to your own plan. Going through many previous stages made me learn the truth, and personally, the cryptocurrencies I am holding are still not as exciting as SOL at the moment, but I have my own opinions and assessments about that decision.

Honestly, after observing some previous FOMO signals, my doubts are the same as many people's about SOL, but after all, it is a personal decision so I think there is still a lot of opportunity so I can be patient. than. Remember that FOMO can make us profit quickly, but it can also make us lose money quickly, so if you have accepted what could happen, don't hesitate to decide.

[Dunamisx]

If you still have your money with you I will strongly advise that you buy Solana and hold, it's one the of digital currency having best performance this season, you can check the chart to see how it has been performing well these days, people would have said alot of things about the existing past performance which may actually discourage, but looking at what Solana is upto now, it's one of the most preferred.

[Sophokles]

Solana has been in rally for a while as lot of speculations and news around it and new tokens on it's ecosystem has been credited for it's rally, shall we consider this as beginning and is it a good time to take entry? Someone new to crypto would say "Yes" but those who has been here for a while would be hesitant because we have seen SOL rising from $15 to $259 and then witnessed the downfall as well to less than $8.

I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.

I think solana is not undervalued any more and if you didn't take entry before the rally you are late. The maximum it can go from here is 3X to 4X i think. Also current hype is driven by the potential airdrop in solana ecosystem and once its gone and people move into a new ecosystem, the price will drop eventually. But the rally it made is really amazing and unexpected. At some point i lose hope that solana would not be able to cross 40$ but it seems i was wrong. I must say they have the best marketing team in the whole industry.

[$crypto$]

Now the price is almost touching $100 and then you enter to buy this Solana coin then it is clear you are FOMO because you see the hype on this coin, don't know if this will be a correction or not if you buy now it is consumed by FOMO.

Solana is indeed working well in the ecosystem it has developed, I believe this increase is due to the community's enthusiasm for the new project that stands in the Solana ecosystem so that the price continues to soar, now the increase has been more than 10x from the price of $8, do you maybe believe Solana will reach ATH $250 later?

This is still hard to believe, because this is influenced by pumping.

[Wiwo]

If you still have your money with you I will strongly advise that you buy Solana and hold, it's one the of digital currency having best performance this season, you can check the chart to see how it has been performing well these days, people would have said alot of things about the existing past performance which may actually discourage, but looking at what Solana is upto now, it's one of the most preferred.

You are very correct with the fact about the potentiality and performance of solana for sure this coin remain one of the most top performing coins in this season haven't given it investors alot if opportunities to make good profits from its market behaviour in the past couple of weeks and running into months,  it clear that to chose Solana as for long term base is best among others but then also,  because of the previous experience with the market,  I think it better to make out time to DCA along the line and not just holding the coin for the long term since the market is full with an unexpected incidence that can hold any coin down for a while.

I will look more into this coin once again because I haven't really given Solana a thought but now that the project is becoming more popular and many of my friends already bought some,  I may give it a short-term shout to see what I can come out with from the market.

[batang_bitcoin]

I saw it $9 last year but I don't think that it will ever be back and that's why I've missed already. Most of us did missed it already and I don't think entering on it is a good idea. Well, as for me that's what I think and I don't want to take FOMO on it.
But if you guys believe on SOL and you think that it's still too early to say and it's likely going to be back on its former ATH, you make a decision now before another regret gets in.

[kotajikikox]

I'm afraid that today you might be late now , because instead of posting you should invest rightaway mate because look at now if climbed up to 31% as of my writing in which makes you having regret why did not buy Solana that time .
now correction my happen any time soon or dumping completely before the year ends.

I saw it $9 last year but I don't think that it will ever be back and that's why I've missed already. Most of us did missed it already and I don't think entering on it is a good idea. Well, as for me that's what I think and I don't want to take FOMO on it.
But if you guys believe on SOL and you think that it's still too early to say and it's likely going to be back on its former ATH, you make a decision now before another regret gets in.

wow, if you should have bought that time , now you are x10 richer as the price now is 99 dollars and still trying to stay above that level .

[ice18]

I suggest to OP to wait for another market correction before buying SOL or if you have huge amount of funds then theres no problem buying right now and make a DCA if market corrects thats the best strategy mate, never FOMO and buy all your money in single transaction. What did you do the last few months before SOL pump?

[Husires]

Solana is very centralized and has proven to fail several times, so the hype accompanying it is due to the high price. Everyone is only talking about the potential profit opportunity due to the airdrop and that the price will reach $259. If you have bought it before, you are lucky. Other than that it is time to sell and search for currencies that can It rises at a lower price like LTC.

[babygun]

Solana is very centralized and has proven to fail several times, so the hype accompanying it is due to the high price. Everyone is only talking about the potential profit opportunity due to the airdrop and that the price will reach $259. If you have bought it before, you are lucky. Other than that it is time to sell and search for currencies that can It rises at a lower price like LTC.

While the price of Solana has risen a lot; it is not said that it can’t increase anymore. I bought some SOL when the price was above 100$, so if it go up a little more, I should be able to let them go and even make a small profit!