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Author Topic: Ethereum vs Solana  (Read 317 times)
Essential10
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April 03, 2024, 04:42:47 AM
 #41

I have around 2k USD of btc and I wanted to swap it for something but I can't decide whether to buy eth or Solana both seem extremely promising in the far future.
Since you are planning to invest your $2000 in Ethereum and Solana coins, in my opinion both coins are better to invest. This time Bitcoin price set a new record before the Bitcoin halving. Solana and Ethereum coins pumped well due to the hype of this Bitcoin price increase although they did not break their past records. Solana in particular pumped up a lot, Solana went above $200. If the bull season begins after the upcoming Bitcoin halving, the price of Solana and Ethereum coins will be increase significantly even they enter new highs in value. So I think holding 70% in Ethereum and 30% in Solana will give good profit in future.
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April 03, 2024, 04:53:44 AM
 #42

Since you are planning to invest your $2000 in Ethereum and Solana coins, in my opinion both coins are better to invest. This time Bitcoin price set a new record before the Bitcoin halving. Solana and Ethereum coins pumped well due to the hype of this Bitcoin price increase although they did not break their past records. Solana in particular pumped up a lot, Solana went above $200. If the bull season begins after the upcoming Bitcoin halving, the price of Solana and Ethereum coins will be increase significantly even they enter new highs in value. So I think holding 70% in Ethereum and 30% in Solana will give good profit in future.

Currently, the market is in correction mode which has resulted in the price of both SOL and ETH going down. With an initial amount of $2000 and if invested all of it to buy SOL, OP will eventually have approximately 11 SOL ($188). He can keep those SOLs in the phantom wallet and can stake them, get airdrops, swap some SOLs for meme coins, and enjoy more profits than investing in ETH. Later on, when the market is in green he can easily get a good amount of profit from the price rise. I think investing in SOL would be the right choice in the current situation than going after ETH.

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April 03, 2024, 05:27:46 AM
 #43

Currently, the market is in correction mode which has resulted in the price of both SOL and ETH going down. With an initial amount of $2000 and if invested all of it to buy SOL, OP will eventually have approximately 11 SOL ($188). He can keep those SOLs in the phantom wallet and can stake them, get airdrops, swap some SOLs for meme coins, and enjoy more profits than investing in ETH. Later on, when the market is in green he can easily get a good amount of profit from the price rise. I think investing in SOL would be the right choice in the current situation than going after ETH.
ETH actually also have the same thing going on we know existence of staking programs or restaking programs comming from the many new projects such as zircuit, stakestone, etc the advantage of some projects these days around is that they support omnichain meaning regardless of whether its EVM based, or any other blockchain they can support, so the benefit you mentioned from sol isn't necessarily doesn't exist for ethereum.
moreover, the narrative of meme coin already switching over to base i guess maybe because warpcaster devs are creating all their thing in that blockchain maybe because its more suited in the ecosystem, doesn't mean there will be no meme coin that gonna be emerging from sol though but probably its already diversified across the two blockchain added with ethereum on top of that.
so basically you can be holding ethereum and solana and get the same benefits there's nothing that you gonna miss out here.

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April 03, 2024, 06:11:04 AM
 #44

I have around 2k USD of btc and I wanted to swap it for something but I can't decide whether to buy eth or Solana both seem extremely promising in the far future.
Then why you wanted to convert that Bitcoin to altcoins when you are planning "IN THE FAR FUTURE"?

bitcoin is the best currency if you are planning long term and also try not to have comparison to this 2 currency , if you really wanted to put money in altcoins then better to divide into Solana and Ethereum each have 1 k .

then from there you may have 2 options of making money in the coming years.

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April 03, 2024, 06:47:56 PM
 #45

Then why you wanted to convert that Bitcoin to altcoins when you are planning "IN THE FAR FUTURE"?

bitcoin is the best currency if you are planning long term and also try not to have comparison to this 2 currency , if you really wanted to put money in altcoins then better to divide into Solana and Ethereum each have 1 k .

then from there you may have 2 options of making money in the coming years.

There is not doubt that Ethereum and Solana are good and money making coins so I think changing of some bitcoin to buy Ethereum and Solana is not a bad idea if a person has no remaining amount for investment.

Both are preferred more and if you do investment in all of these three coins like Ethereum, Solana and bitcoin then your future will be bright as all these three coins are more money making these days.

In current years these are going successful and they will be more successful if the Bull season remains for longer time because more bitcoin surges in price more Ethereum and Solana will become successful.



 

 

 

 

 

 


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April 06, 2024, 03:54:51 PM
 #46

The two project are good project that will give you something that will change your story when massive bull run occur, but if you want to make a choice among the two project, I will advise you to make Solana your choice and it will help you to make a good profits that will make you to stay in Solana investment for long.

If you look at the market price right now, you will see that ETH price still remain high and it will not allow you to use that amount of money to buy huge amount of ETH but if you use the amount on Solana, it will help you to store huge amount of Solana in your portfolio.

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April 06, 2024, 04:07:54 PM
 #47

I think both coins are good for long term investment. If I have a chance to invest now, I will split my money in both coins. I am pretty sure that those coins are profitable most especially in future. Those are the future of the market and I am 100% positive that Solana will be one of the top 3 coin in the future. Again, for me both coins are profitable and good to invest in.

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April 06, 2024, 04:35:31 PM
 #48

I have around 2k USD of btc and I wanted to swap it for something but I can't decide whether to buy eth or Solana both seem extremely promising in the far future.

Both are good coins but Bitcoin is the best one. I am wondering why you are converting the Bitcoins to alts. Bitcoins are limited in number and hence have high potential to grow more in the future, but still in order to get short term profit you want to switch to alts? Nevertheless I don’t want to advise you more. If you really want to choose between ETH and Solana, then go for ETH. Its marketcap is high and hence less chances for losses.

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April 06, 2024, 04:51:16 PM
 #49

I think both coins are good for long term investment. If I have a chance to invest now, I will split my money in both coins. I am pretty sure that those coins are profitable most especially in future. Those are the future of the market and I am 100% positive that Solana will be one of the top 3 coin in the future. Again, for me both coins are profitable and good to invest in.

Solana's value and market growth progress is indeed quite fast. Maybe it's also because Solana comes with a solution to cheap and fast transaction fees which is a problem that occurs with Ethereum and Bitcoin.
Binance smart chain also attracted attention first because of its low costs. but the situation of their network adoption declined when quite a lot of new tokens from the BSC network were also scams.
I don't know if it will also have an impact on the Solana network, we can also see that currently many tokens on the Solana network are also scams, maybe also because of the current popularity of memecoins.

if for long-term investment. Ethereum has proven that it can survive and continue to grow for a long time. and seeing what Solana is doing, I'm sure it will also grow very well in the future.
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April 06, 2024, 04:52:44 PM
 #50

I have around 2k USD of btc and I wanted to swap it for something but I can't decide whether to buy eth or Solana both seem extremely promising in the far future.

Ethereum and Solana are two very good project, they're both blockchain projects that are leading in the creation of a good blockchain for other cryptocurrency to be operating on. Ethereum is old but still very productive while Solana is new and having some problem with their blockchain but they're always working to fix any problem that comes up. Ethereum is closer to fixing their high fee problem that made many developer to leave the blockchain before.

Solana has many projects using their blockchain recently to launch new projects and they're doing very well therefore they'll also be bringing new investors to the Solana blockchain. I think Solana will be a better project to invest into and you can make many profit as Solana is still low and not upto the last all time high. There's more growth for the Solana coin and the blockchain so I'll pick Solana.

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April 06, 2024, 04:56:47 PM
 #51

I think both coins are good for long term investment. If I have a chance to invest now, I will split my money in both coins. I am pretty sure that those coins are profitable most especially in future. Those are the future of the market and I am 100% positive that Solana will be one of the top 3 coin in the future. Again, for me both coins are profitable and good to invest in.
Solana is really trending now and that is why some traders and investors thinks Solana is outshining Ethereum which is not so.
I could remember back in few years ago when Ethereum price skyrocketed making holding to make massive profists from $200 to $2000.
So now that Solana is trending, some still think that Ethereum can not be compared to Solana forgetting that everything is based on trend.
We should always choose any token we move to hold and do quick research to know how long we would be holding them.

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April 06, 2024, 05:08:38 PM
 #52

I have around 2k USD of btc and I wanted to swap it for something but I can't decide whether to buy eth or Solana both seem extremely promising in the far future.
If you have 2k usd worth of bitcoins then you keep your bitcoins and never buy others coins by swapping those bitcoins. But if you really want to go ahead with Ethereum and Solana coins then you can buy your earnings using DCA method. I don't consider Ethereum and Solana as bad for investment but I forbid buying all these coins by selling Bitcoin.

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redsun114
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April 11, 2024, 08:15:53 AM
 #53

ETH actually also have the same thing going on we know existence of staking programs or restaking programs comming from the many new projects such as zircuit, stakestone, etc the advantage of some projects these days around is that they support omnichain meaning regardless of whether its EVM based, or any other blockchain they can support, so the benefit you mentioned from sol isn't necessarily doesn't exist for ethereum.
moreover, the narrative of meme coin already switching over to base i guess maybe because warpcaster devs are creating all their thing in that blockchain maybe because its more suited in the ecosystem, doesn't mean there will be no meme coin that gonna be emerging from sol though but probably its already diversified across the two blockchain added with ethereum on top of that.
so basically you can be holding ethereum and solana and get the same benefits there's nothing that you gonna miss out here.
New projects can't win if they won't come up with a new feature. The idea is to grab a couple of them and reap the benefit that entails with them. Meme coins are only meme coins but it's interesting on how they are being picky with the network that they will get deployed. If they are serious as this, it would be better if they don't create their project under meme coins.

It's okay if there will be no meme coins in the established projects because it only affects their reputation. Each crypto has their own charm, this is why you can't get the same benefits on ETH and SOL but we can have them both so that we won't miss out the other.

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April 11, 2024, 08:24:10 AM
 #54

I have around 2k USD of btc and I wanted to swap it for something but I can't decide whether to buy eth or Solana both seem extremely promising in the far future.

Solana is bullshit blockchain that already pump hard due to hype. You can lose a huge percentage of your holdings once there’s a severe correction happened and meme coins/other shitcoins on Solana blockchain is not profitable anymore.

I suggest to stick only to Bitcoin or choose ETH because you can guarantee that ETH value will not correct harder than Solana besides ETH is the nearest contender to have n ETF next to Bitcoin which means it’s good to invest early now while there’s a potential of huge pump in the future due to ETF speculation.

Solana will be over if VC is already finished draining profit to retail from their airdrop business.

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April 11, 2024, 01:33:26 PM
 #55

and of the two the future of BTC is much more promising. Your reason is not right because if we talk about a promising future, BTC's future is more promising than ETH and SOL. My advice is to keep hold BTC because doubt usually gives unsatisfactory results.

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