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Author Topic: Is Solana coin a good investment?  (Read 28154 times)

Offline babo

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Re: Is Solana coin a good investment?
« Reply #135 on: April 26, 2024, 10:03:25 AM »
In my opinion, with big and free money we can make a profit by buying Bitcoin when it is bearish and holding it for the long term, waiting for it to be bullish before we sell our Bitcoin. This is very profitable and there is no need to doubt it, because we know Bitcoin's 4 year cycle.

Yes, this would be the strategy desired by everyone, but it is not easy to catch bear moments, it becomes really difficult to catch precise points to make trades
if you are long, any time is good if you make an accumulation plan perhaps using the Dollar Cost Average strategy
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Re: Is Solana coin a good investment?
« Reply #135 on: April 26, 2024, 10:03:25 AM »

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Offline $crypto$

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Re: Is Solana coin a good investment?
« Reply #136 on: April 26, 2024, 03:21:16 PM »
In my opinion, with big and free money we can make a profit by buying Bitcoin when it is bearish and holding it for the long term, waiting for it to be bullish before we sell our Bitcoin. This is very profitable and there is no need to doubt it, because we know Bitcoin's 4 year cycle.

Yes, this would be the strategy desired by everyone, but it is not easy to catch bear moments, it becomes really difficult to catch precise points to make trades
if you are long, any time is good if you make an accumulation plan perhaps using the Dollar Cost Average strategy
You are right, it is not easy to determine that, especially if the price we want is the lowest price. Because looking at some time ago when Bitcoin touched a price of 15k at that time, there were still many people waiting for an even lower price and in reality they didn't get it.

With the DCA strategy, we don't need to worry about that, because we continuously make purchases with the capital we bring. And it was a successful move.

Offline Aanuoluwatofunmi

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Re: Is Solana coin a good investment?
« Reply #137 on: April 26, 2024, 05:51:57 PM »
With what we have currently, we cannot say that Solana is not a prominent coin, it has always been performing valiantly, though it has recently experience bear market but still currently warming up to rise along with the market trend, i noticed one thing about this coin, if bitcoin rises, it also rises and same applies to when it falls, which shows that there is more to expect from the subsequent time to come as we proceeds with bullrun.

Offline salad daging

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Re: Is Solana coin a good investment?
« Reply #138 on: April 26, 2024, 06:33:44 PM »
With what we have currently, we cannot say that Solana is not a prominent coin, it has always been performing valiantly, though it has recently experience bear market but still currently warming up to rise along with the market trend, i noticed one thing about this coin, if bitcoin rises, it also rises and same applies to when it falls, which shows that there is more to expect from the subsequent time to come as we proceeds with bullrun.
Bullrun = coming then to the market then all coins will experience the impact of the increase, how when bitcoin crawled from $20K to $60K then the Sol coin also experienced this because of the hype of many successful projects there, but this is still worth investing in if you are still interested.

Many predictions say when the bullrun comes SOL can go to $250 but we never know this depends on market conditions, the Solana ecosystem is also growing well meaning there is still a possibility of this coin being pumped again.

Offline doc

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Re: Is Solana coin a good investment?
« Reply #139 on: April 26, 2024, 09:40:48 PM »
With what we have currently, we cannot say that Solana is not a prominent coin, it has always been performing valiantly, though it has recently experience bear market but still currently warming up to rise along with the market trend, i noticed one thing about this coin, if bitcoin rises, it also rises and same applies to when it falls, which shows that there is more to expect from the subsequent time to come as we proceeds with bullrun.
Bullrun = coming then to the market then all coins will experience the impact of the increase, how when bitcoin crawled from $20K to $60K then the Sol coin also experienced this because of the hype of many successful projects there, but this is still worth investing in if you are still interested.

Many predictions say when the bullrun comes SOL can go to $250 but we never know this depends on market conditions, the Solana ecosystem is also growing well meaning there is still a possibility of this coin being pumped again.
Solana could reach $250, if the crypto market experiences a high enough rally. of course all altcoins follow the movement of bitcoin, if the price of bitcoin reaches $100K, it is likely that solana and other coins will also rise.

Offline dekafee79

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Re: Is Solana coin a good investment?
« Reply #140 on: April 26, 2024, 09:49:34 PM »
In my opinion, with big and free money we can make a profit by buying Bitcoin when it is bearish and holding it for the long term, waiting for it to be bullish before we sell our Bitcoin. This is very profitable and there is no need to doubt it, because we know Bitcoin's 4 year cycle.
Exactly, that way we can get a lot of benefits, what is clear is that we have to keep collecting as much money as possible to be able to participate when the price of bitcoin collapses or when the bearish season occurs, I believe the price of bitcoin will not always rise, there will definitely be a time when the price returns to cheap price, only time will tell.
But talking about the price of Bitcoin dropping, this season it doesn't seem like the drop will be too deep. because a bearish season is likely to occur at the end of next year.
Solana is one of the potential coins to buy right now, if Bitcoin drops you should also put Solana on your list to buy

Offline TopT3ns

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Re: Is Solana coin a good investment?
« Reply #141 on: April 27, 2024, 07:32:06 AM »
But talking about the price of Bitcoin dropping, this season it doesn't seem like the drop will be too deep. because a bearish season is likely to occur at the end of next year.
Solana is one of the potential coins to buy right now, if Bitcoin drops you should also put Solana on your list to buy
When waiting for the bearish season, this is too long because at the end of next year it will take a very long time. I really hope that the SEC cancels the Ethereum ETF and makes the bearish even more accelerated because bad news like that will definitely be used by the whales to make the price collapse.

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Re: Is Solana coin a good investment?
« Reply #141 on: April 27, 2024, 07:32:06 AM »


Offline doc

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Re: Is Solana coin a good investment?
« Reply #142 on: April 27, 2024, 02:10:21 PM »
But talking about the price of Bitcoin dropping, this season it doesn't seem like the drop will be too deep. because a bearish season is likely to occur at the end of next year.
Solana is one of the potential coins to buy right now, if Bitcoin drops you should also put Solana on your list to buy
When waiting for the bearish season, this is too long because at the end of next year it will take a very long time. I really hope that the SEC cancels the Ethereum ETF and makes the bearish even more accelerated because bad news like that will definitely be used by the whales to make the price collapse.
The question is whether you sold your coins when Bitcoin reached the ATH of $73K, so you really hope that the wild season will happen soon. because many friends are still holding their coins, waiting for the bullish season and hoping to make a profit

Offline IvugeoEvolutionCoin

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Re: Is Solana coin a good investment?
« Reply #143 on: April 28, 2024, 07:49:45 PM »
The question is whether you sold your coins when Bitcoin reached the ATH of $73K, so you really hope that the wild season will happen soon. because many friends are still holding their coins, waiting for the bullish season and hoping to make a profit
For now, I prefer to secure assets in USDT because so far not many have succeeded in selling bitcoin at high prices. On average they sell bitcoin when the price collapses and replace all the assets we own into USDT to make it safer.

Offline babo

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Re: Is Solana coin a good investment?
« Reply #144 on: April 29, 2024, 10:54:00 AM »
You are right, it is not easy to determine that, especially if the price we want is the lowest price. Because looking at some time ago when Bitcoin touched a price of 15k at that time, there were still many people waiting for an even lower price and in reality they didn't get it.

With the DCA strategy, we don't need to worry about that, because we continuously make purchases with the capital we bring. And it was a successful move.

Exactly, it's a winning move if you want to keep long obviously, because with the Dollar Cost Average you tend to average the purchase price
in this regard there is a fantastic web tool

https://dcabtc.com/

this way you can do simulations (with past data) to understand how it works and how much you would have earned (in this case with bitcoin of course)
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Offline gunhell16

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Re: Is Solana coin a good investment?
« Reply #145 on: April 29, 2024, 02:42:58 PM »
So, is it good to invest in Solana? Like Bitcoin, Solana has some positive indicators. Its fast transaction speeds and low fees make it an attractive alternative to Ethereum (ETH), and its open-source platform allows for decentralized applications.

In terms of long-term investment, the answer is yes! In the few months that passed after the approval of the ETF spot, SOL started rallying, which surprised many community investors because some meme coins under the SOL network suddenly made noise. And at the same time as its price value rose, several meme coins that were under it were also suddenly included in the list of top exchanges in the market.

And some of them are Bome, which has recently been listed or included among the top altcoins in the market. But most of the meme coins under SOL still cannot be said to have potential because only a few of them have really succeeded so far.
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Re: Is Solana coin a good investment?
« Reply #146 on: April 29, 2024, 06:58:17 PM »
if a coin has to base its success on the success of any meme tokens within it, i.e. within the network (SOL) then it is not doing well at all
a coin or a network should be fine regardless, with its main features
honestly I don't care if it has memes or not
I look at safety
I look at the features
I'll see if it has swap or other nice things
I'll see if it allows privacy
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Re: Is Solana coin a good investment?
« Reply #147 on: May 01, 2024, 07:29:23 AM »
P.S. If someone, to this day, thinks that the market is not manipulated by big players. Then what do you say to such transactions?  ::)

In a short time, the whales in two transactions
1 transaction: https://whale-alert.io/transaction/solana/3Y1Z7LQ9nANcKFKb9WWi8VqKNmd79EJ7CEtvcouMSrRGiNRPirGDtWvLKw1jzx4iwXKq5x3rH7ZTwjSJHS16DfFK
2 transaction: https://whale-alert.io/transaction/solana/35D6CdbASb6CiB5tS9tDxq6dJoSsnNrRDzEpBpnZqiezbP8CTFqNXic8wggWwowTvLCki5YuDZg5jAZW2skdgaYi moved 16,500,000 SOLs worth $2.4 billion.
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Re: Is Solana coin a good investment?
« Reply #148 on: May 01, 2024, 09:13:26 AM »
P.S. If someone, to this day, thinks that the market is not manipulated by big players. Then what do you say to such transactions?  ::)

In a short time, the whales in two transactions
1 transaction: https://whale-alert.io/transaction/solana/3Y1Z7LQ9nANcKFKb9WWi8VqKNmd79EJ7CEtvcouMSrRGiNRPirGDtWvLKw1jzx4iwXKq5x3rH7ZTwjSJHS16DfFK
2 transaction: https://whale-alert.io/transaction/solana/35D6CdbASb6CiB5tS9tDxq6dJoSsnNrRDzEpBpnZqiezbP8CTFqNXic8wggWwowTvLCki5YuDZg5jAZW2skdgaYi moved 16,500,000 SOLs worth $2.4 billion.


where there are whales or early adopters or those who have pre-mined there are always people who would like to manipulate the market in their own way
they obviously try and in some cases they succeed
a beautiful and utopian world would be one where no one tries to manipulate the market, but since man is greedy this is normal
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Re: Is Solana coin a good investment?
« Reply #149 on: May 02, 2024, 05:16:13 AM »
P.S. If someone, to this day, thinks that the market is not manipulated by big players. Then what do you say to such transactions?  ::)

In a short time, the whales in two transactions
1 transaction: https://whale-alert.io/transaction/solana/3Y1Z7LQ9nANcKFKb9WWi8VqKNmd79EJ7CEtvcouMSrRGiNRPirGDtWvLKw1jzx4iwXKq5x3rH7ZTwjSJHS16DfFK
2 transaction: https://whale-alert.io/transaction/solana/35D6CdbASb6CiB5tS9tDxq6dJoSsnNrRDzEpBpnZqiezbP8CTFqNXic8wggWwowTvLCki5YuDZg5jAZW2skdgaYi moved 16,500,000 SOLs worth $2.4 billion.


where there are whales or early adopters or those who have pre-mined there are always people who would like to manipulate the market in their own way
they obviously try and in some cases they succeed
a beautiful and utopian world would be one where no one tries to manipulate the market, but since man is greedy this is normal
That is why cryptocurrency has a very high risk because without us realizing it, the world of cryptocurrency is created like first come first serve, which means almost the same as you said, for those who enter the first phase when prices are cheap, they will get the opportunity to get the best service and profits.

 

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