Is Solana coin a good investment?

[Vx1]

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.

Investing in Solana is a good choice, we can see this platform has a very large community. Many people believe that Solana will be a coin that will be at the top of the rankings that will compete with BNB and even Ethereum.

Solana has a potential to replace Ethereum but I don't think about BNB because it also has the potential to replace ETH.
Solana has lots of plans and projects which is why the value of Solana just skyrocket recently but it's not an altcoin season yet so we will see more price increase in Solana after the block halving.

The large number of projects on the Solana platform is one of the factors that makes Solana increasingly popular, because with so many projects here, people will buy Solana as a fee for token transactions from these projects. The more popular Solana becomes, the higher the potential for Solana prices to skyrocket.

[philipma1957]

I use Solana with my helium wallet> I mine IOT tokens and I use them to buy Solana

[Metha Wulandarin]

Solana will still be one of the projects worth investing in, it has soared to $250 and dropped to $10 despite that the community remains active and loyal to Solana.
Has anyone here bought Solana at $10 or a little higher if there is, you are a very lucky person and until now I am still surprised with myself, where was I when the price of Solana touched $10 and did not buy it, now I just realized and had to wait for the price to drop again to buy it if there was no decline in Solana, maybe I would have lost Solana.

It is best that in this endeavor, you are not ruled by greed. What do you mean by "lucky person" - maybe a good trader/investor? I doubt very much that a person far from markets (in general), knows exactly what to buy and tc. Even if the purchase is made = 100% will not hold it. Alas, such miracles do not happen. 

Psychology. Be patient in this case + don't jump to conclusions. Learn to accept defeat and try to keep up with the market. Or you will constantly not earn, and lose personal funds. Alas, or fortunately, the cryptocurrency market is maximally volatile.

For this year I will not repeat the same mistake in 2021, because of my greed I have to wait patiently for the halving in the following year, which is now, now I am focusing on taking the momentum lost during the Bitcoin halving last year.
Now all the coins I have are on CEX and it's time to take a position to sell them.

[dekafee79]

For this year I will not repeat the same mistake in 2021, because of my greed I have to wait patiently for the halving in the following year, which is now, now I am focusing on taking the momentum lost during the Bitcoin halving last year.
Now all the coins I have are on CEX and it's time to take a position to sell them.

If you have set a sell target, I think it is in accordance with your analysis, because of your experience of being bullish before, you missed it until you were trapped. I haven't set a sales target because I still believe the market will strengthen in the next few months. each person has their own analysis and DWYOR

[Metha Wulandarin]

For this year I will not repeat the same mistake in 2021, because of my greed I have to wait patiently for the halving in the following year, which is now, now I am focusing on taking the momentum lost during the Bitcoin halving last year.
Now all the coins I have are on CEX and it's time to take a position to sell them.

If you have set a sell target, I think it is in accordance with your analysis, because of your experience of being bullish before, you missed it until you were trapped. I haven't set a sales target because I still believe the market will strengthen in the next few months. each person has their own analysis and DWYOR

I chose a sell target at ATH at the time of the Bitcoin halving last year, because I have an opinion that this year's halving will be more hype and bring all Altcoins to pass the ATH that has been achieved, Bitcoin has passed the ATH limit and is now waiting for Ethereum to pass the ATH at $4800, maybe after Ethereum passes the current ATH the Altcoin season will start (maybe).

[philipma1957]

We dipped just a bit maybe it's time to get some more.

So I am now at 4.58 solana

[Agbe]

We dipped just a bit maybe it's time to get some more.

So I am now at 4.58 solana

Exactly it is good the get it in the dip and Solana is still at the best time to get it and those who are interested to have more should think well and get in their wallet. 4.48 Solana is a nice figure of it and and I believed you have already gotten big profit from it although I don't know when you started the investment. And I know that Solana is one of the best cryptocurrency that need to be invested in the ecosystem. I could noticed recently that the Solana network was congested and that means the users are many now.

[BitMaxz]

We dipped just a bit maybe it's time to get some more.

So I am now at 4.58 solana

Exactly it is good the get it in the dip and Solana is still at the best time to get it and those who are interested to have more should think well and get in their wallet. 4.48 Solana is a nice figure of it and and I believed you have already gotten big profit from it although I don't know when you started the investment. And I know that Solana is one of the best cryptocurrency that need to be invested in the ecosystem. I could noticed recently that the Solana network was congested and that means the users are many now.

DCA is a good strategy for a little price correction and from recent declines, I am sure it will bounce back again to higher with continued price increases.
Also, there are lots of tokens right now that came from Solana that suddenly skyrocketed which I think is one of the reasons why Solana keeps increasing.

[Metha Wulandarin]

We dipped just a bit maybe it's time to get some more.

So I am now at 4.58 solana

Congratulations, Solana is the only one who still survived when Bitcoin dropped to $67k. Other coins all experienced a decline of up to 10% but Solana only experienced a 1-2% decline. Now that Solana's volume has passed the volume of BNB this is a good sign for Solana.

[rdluffy]

Congratulations, Solana is the only one who still survived when Bitcoin dropped to $67k. Other coins all experienced a decline of up to 10% but Solana only experienced a 1-2% decline. Now that Solana's volume has passed the volume of BNB this is a good sign for Solana.

I'm impressed by the strength that SOL has shown in recent days. It has actually managed to overtake BNB's marketcap and is now the second largest altcoin, only behind ETH

And both (SOL and BNB) are far ahead of XRP, which is the closest to them with 34b marketcap

[pacar_tiri]

Congratulations, Solana is the only one who still survived when Bitcoin dropped to $67k. Other coins all experienced a decline of up to 10% but Solana only experienced a 1-2% decline. Now that Solana's volume has passed the volume of BNB this is a good sign for Solana.

This is all due to the influence of many developers who are pre-selling meme coins which are created by various developers using the Solana network, so that those who want to participate must use Solana and ultimately make Solana price movements on exchanges more stable and tend to rise because many are buying Solana.

[Trisha Rola]

Yes, solana is a good investment.

Because of solanas scalable design, the network can expand to meet rising demand. Because of its high speed and low latency, it can be used in applications where quick transactions are necessary.

compared to several other blackchain networks, transactions on solana seem quite cheap. Users and developers who wish to cooperate with applications that are decentralized without worrying about expensive fees may find it appealing as a result.

[Jun]

Yes solana is good investment,many developers attract solana,and crypto community gain attention in solana has shown strength in past several days and many user flocking creating solana network congested, it's a positive sign to invest now in solana

[Metha Wulandarin]

Congratulations, Solana is the only one who still survived when Bitcoin dropped to $67k. Other coins all experienced a decline of up to 10% but Solana only experienced a 1-2% decline. Now that Solana's volume has passed the volume of BNB this is a good sign for Solana.

I'm impressed by the strength that SOL has shown in recent days. It has actually managed to overtake BNB's marketcap and is now the second largest altcoin, only behind ETH

And both (SOL and BNB) are far ahead of XRP, which is the closest to them with 34b marketcap

Solana's volume continues to increase due to the many meme coins that have caught the attention of many people such as BOME, BONK and BogWifhat (WIF), in a short time WIF has reached a price of $4 in less than four months.
While the meme project on the BNB network is almost invisible, BNB can easily increase the volume with just a lauchpad BNB can catch up with Solana.

[philipma1957]

I have 10 Solana as I cashed some doge in to get it.

I now converted all my HNT and IOT from my hotspot miners and moved the Solana from the wallet. into coin base. I also purchased 5 solana. so I will hodl the 10 solana and sell some if we get to $300 a coin