If you are SOL token investore, I'd like to know your views on Solana and SOL:Unfortunately, I didn't invest in SOL so I have no opinion. However, when the market recovers and SOL token price increases, any negative effects will be minimized or ignored, while positive news will be pumped in, making the market more exciting.
- Did the Solana incident impact your decision to invest in SOL?
- Are you really bothered by the failure of the Solana blockchain?
- Do you believe that in the uptrend in 2025, the SOL token price will still grow and will not be negatively impacted by Solana blockchain outages?
I am invested in Solona and will continue to invest in it.
If you are SOL token investore, I'd like to know your views on Solana and SOL:I am not an investor in Solana coin so I will not support or not support Solana coin, just neutral for me for Solana coin.
- Did the Solana incident impact your decision to invest in SOL?
- Are you really bothered by the failure of the Solana blockchain?
- Do you believe that in the uptrend in 2025, the SOL token price will still grow and will not be negatively impacted by Solana blockchain outages?
If you are SOL token investore, I'd like to know your views on Solana and SOL:I am not an investor in Solana coin so I will not support or not support Solana coin, just neutral for me for Solana coin.
- Did the Solana incident impact your decision to invest in SOL?
- Are you really bothered by the failure of the Solana blockchain?
- Do you believe that in the uptrend in 2025, the SOL token price will still grow and will not be negatively impacted by Solana blockchain outages?
But this story reminds me of coins that can be manipulated by someone because the Solana coin's blockchain can be turned off just like that, and if I read correctly the blockchain's shutdown is around 5 hours, right?
This seems dangerous for investors because the Solana coin is like a centralized coin, it can be turned off and on by Anatoly Yakovenko.
Does anyone feel the same as me??
~
But I personally always focus more on Bitcoin and ETH because I have the most confidence in them. and SOL is an alternative to ETH for mine
Isn't all the altcoins tied with the move with BTC? Almost all of the coins are up because of the move of BTC. Are we waiting for just the altcoins? I think Solana could be one of it when it comes to having those pumps and hopefully no dumps because of the traction it has to the coins on the SOL chain. I heard like JUP is a big thing with the DEX and stuff.~
But I personally always focus more on Bitcoin and ETH because I have the most confidence in them. and SOL is an alternative to ETH for mine
Me too, Bitcoin and Ethereum are my priority coins and I invested in huge amount. For others such as Solana, BNB, XRP, DOT, LINK, MATIC are just alternate choice, and In small amount.
Bitcoin shows good movement now, and I believe we will see altcoin season soon.
I agree with the author that such moments should tell us that someone can be very radical about investing in SOL and withdraw from it, especially if it will be some large funds, if now it has already become everyone's concern, what will happen when or if it will happen further? I think it is worth thinking about how much to invest in this project.Before we think about it, maybe there are already people who think like that before, for example, developers who build projects on the Solana network, but in my opinion, on the contrary, many projects continue to come to join Solana, but back to the mindset because everyone has a different mindset.
But the problem was the death of a blockchain which could not operate for almost 5 hours.I agree with the author that such moments should tell us that someone can be very radical about investing in SOL and withdraw from it, especially if it will be some large funds, if now it has already become everyone's concern, what will happen when or if it will happen further? I think it is worth thinking about how much to invest in this project.Before we think about it, maybe there are already people who think like that before, for example, developers who build projects on the Solana network, but in my opinion, on the contrary, many projects continue to come to join Solana, but back to the mindset because everyone has a different mindset.
Recently, the Solana network experienced its 11th outage in the past 2 years, causing a stir in the crypto community. This network outage lasted nearly 5 hours, raising concerns about the stability of Solana blockchain platform[1].Look at the quote, surely you have read it with the words "network outage 5 hours", you have Solana coins and the coin network is down, don't you think that's dangerous?
I don't understand what Nodes, Servers are in Solana coins. But I saw that this Solana coin has a POH coin type, Proof of History or what it's called, I don't know yet.Good point if there are no independent nodes then it can be run from only one server. The real key is how many nodes and servers are running and can one guy term them off .If you are SOL token investore, I'd like to know your views on Solana and SOL:But this story reminds me of coins that can be manipulated by someone because the Solana coin's blockchain can be turned off just like that, and if I read correctly the blockchain's shutdown is around 5 hours, right?
- Did the Solana incident impact your decision to invest in SOL?
- Are you really bothered by the failure of the Solana blockchain?
- Do you believe that in the uptrend in 2025, the SOL token price will still grow and will not be negatively impacted by Solana blockchain outages?
This seems dangerous for investors because the Solana coin is like a centralized coin, it can be turned off and on by Anatoly Yakovenko.
Does anyone feel the same as me??
Look at the quote, surely you have read it with the words "network outage 5 hours", you have Solana coins and the coin network is down, don't you think that's dangerous?Everyone is free to have an opinion here as long as they adhere to the rules..
Everyone must have a mindset like you said, but I myself have the mindset to stay away from Solana coins, this is just my personal opinion. ;)
Yes , everyone has different thinking , we only think how it can be and why there can be a lot of attention to this , I think such shutdowns can be everywhere but I have not heard about others and I assume that it is better to protect yourself and do not invest in SOL , there are many other projects that are also worthy of attention .I agree with the author that such moments should tell us that someone can be very radical about investing in SOL and withdraw from it, especially if it will be some large funds, if now it has already become everyone's concern, what will happen when or if it will happen further? I think it is worth thinking about how much to invest in this project.Before we think about it, maybe there are already people who think like that before, for example, developers who build projects on the Solana network, but in my opinion, on the contrary, many projects continue to come to join Solana, but back to the mindset because everyone has a different mindset.
Yes , everyone has different thinking , we only think how it can be and why there can be a lot of attention to this , I think such shutdowns can be everywhere but I have not heard about others and I assume that it is better to protect yourself and do not invest in SOL , there are many other projects that are also worthy of attention .My investment in the Solana network is not much but most of my assets are in the Solana network. :)
Unfortunately, I didn't invest in SOL so I have no opinion. However, when the market recovers and SOL token price increases, any negative effects will be minimized or ignored, while positive news will be pumped in, making the market more exciting.Don't worry. We have not lost much, because this asset is too manipulative (as far as I am concerned). Honestly? Not a bit at all, I do not regret that I did not get the profit I could have gotten with the growth of this asset. Already, at current % returns, it is even riskier to go into such an asset. + Don't forget, if bitcoin falls by (say) 5-10%, Solana will show up to -30%. It's a classic. ;D
In the next cycle, if SOL continues to increase well, I can also consider investing in SOL or tokens in the Solana ecosystem despite the risk of shutdown. I often buy tokens on CEX so I'm not afraid of having network problems like on-chain users on Solana.
From cash flow and ecosystem development, I believe that SOL will continue to grow and create a new ATH in the upcoming cycle in the $500 zone.
You have very strong principles towards Solana coins, I'm sure you also have hundreds of Solana coins.Look at the quote, surely you have read it with the words "network outage 5 hours", you have Solana coins and the coin network is down, don't you think that's dangerous?This is the strength of Solana, I hope it can return to ATH and break through, if Solana exceeds its last ATH in 2021, more and more new projects will continue to emerge in the Solana network.
Everyone must have a mindset like you said, but I myself have the mindset to stay away from Solana coins, this is just my personal opinion. ;)
You have very strong principles towards Solana coins, I'm sure you also have hundreds of Solana coins.I hope I'm not alone, I hope the members of this forum can give a little faith to Solana because actually Solana is not as bad as they imagine.
On the Altcoinstalks Forum, it is very rare for members to become Holders of Solana coins, you are one of the lucky members to become a Holder of Solana coins.
I also saw in the ScreenShot that you provided that Solana coin is still in the top 4 on Coinmarketcap, which means that Solana coin is still safe to invest in according to you.
If you hope that the Solana coin will reach a new All Time High, Anatoly Yakovenko must make the development of the Solana coin more serious, lest this Solana coin Blockchain Shut Down or Outage happens again.
Yes, many people know about the Solana network and it is one of the most popular, but now there are already a dozen of such blockchains and they are all gaining momentum and offer not bad functionality and are not badly developing, there are many not very good projects that are also on the rumor and if they are compared with Solana, I would probably choose it, but the choice is great and you can always find something better.Yes , everyone has different thinking , we only think how it can be and why there can be a lot of attention to this , I think such shutdowns can be everywhere but I have not heard about others and I assume that it is better to protect yourself and do not invest in SOL , there are many other projects that are also worthy of attention .My investment in the Solana network is not much but most of my assets are in the Solana network. :)
Yes as you said everyone has their own opinion about Solana, for now I have not found a project that can replace Solana, the IBC network cannot compete with Solana, I do not include ETH in this context because everyone already knows ETH.
And there are many more, you can check for yourself on their X (Twitter) accountWow, there is a huge value for me investing in a newly emerging platform because as far as I know, Python (PYTH) is a coin that will only be released in 2024, right?
https://twitter.com/solana?t=eocI8nwX7-FxKCMihQr9YA&s=09 (https://twitter.com/solana?t=eocI8nwX7-FxKCMihQr9YA&s=09)
My investment in the Solana network is not much to say the least compared to others, my friend has staked in the Solana ecosystem (PYTH) worth $200 and that in my opinion is still relatively small.
I also saw in the ScreenShot that you provided that Solana coin is still in the top 4 on Coinmarketcap, which means that Solana coin is still safe to invest in according to you.
If you hope that the Solana coin will reach a new All Time High, Anatoly Yakovenko must make the development of the Solana coin more serious, lest this Solana coin Blockchain Shut Down or Outage happens again.
I only see SOL as a pump, where the low transaction fees and the user base it achieved from being at one time a competitor to Ethereum are exploited, pumped and dispersed. If you ask most SOL investors, they will tell you that their motivation to invest is profits, unlike 90% of investors who either look to the long-term or think about that Bitcoin or Ethereum could be a thing in the future.
network shuts down is worse than HIGH FEES.
I hope I'm not alone, I hope the members of this forum can give a little faith to Solana because actually Solana is not as bad as they imagine.They have lots of projects not only this one and Solana core devs are very active and they are popular mostly in the trading group because of the stable price increase they said Solana will be the next Ethereum and I think it will take the 4th position in coinmarketcap $6b is pretty near and I think we will see a high price increase after the block halving If I were you better check their activity or event list here https://solana.com/events
This is one of the projects that has just entered the Solana ecosystem and this project is part of Binance labs.
My investment in the Solana network is not much to say the least compared to others, my friend has staked in the Solana ecosystem (PYTH) worth $200 and that in my opinion is still relatively small.
Maybe I will summarize what you said about Solana coins and BNB, and this is just my view on what you said:I also saw in the ScreenShot that you provided that Solana coin is still in the top 4 on Coinmarketcap, which means that Solana coin is still safe to invest in according to you.BNB has risen again and is in 4th place on Coinmarketcap, while SOL is in 5th place.
If you hope that the Solana coin will reach a new All Time High, Anatoly Yakovenko must make the development of the Solana coin more serious, lest this Solana coin Blockchain Shut Down or Outage happens again.
Both networks are good and cheap to transact and interact with, but at the moment I still consider BNB to be stronger because it has Binance backing it up, while SOL lost FTX and suffered a lot from the fall
If FTX hadn't collapsed, SOL would certainly be even better, but the devs should be applauded for having continued their work and having come so far with SOL's network, even with the outage
As soon as the altcoin season starts, SOL could make a lot of pumps because they have so much running on the network
Wow, there is a huge value for me investing in a newly emerging platform because as far as I know, Python (PYTH) is a coin that will only be released in 2024, right?You can directly check his Twitter (x) account pyth
And if you think 200 USD is a very small amount to invest in the Solana coin platform, then how much USD do you think it would be if someone invested on a large scale?
I give a thumbs up to you and your friends who dare to invest and stake in Python (PYTH) because I don't dare to invest in cryptocurrency, let alone projects that have just emerged.
Btw, do you have a Telegram group specifically for checking updates from each Solana coin platform?
And my question to you, do you support BNB or Solana coins?
How many BNB or Solana coins do you HodL?
I use both networks regularly (as well as others, of course), but for example, I've been using the BSC network a lot to farm LayerZero's airdrop, I also use BNB to participate in Binance's launchpads, as well as some games on the BSC network and Pancake SwapBinance has the advantage of an exchange platform that can provide a lot of profits for those who participate in the Binance Launchpad. Solana still uses third parties and currently does not have its own exchange platform. Hopefully, in the near future, the developers will think about this and provide many developments that are good in the future, which could trigger an increase in the price of Solana.
On the Solana side I've been using it for DeFi like Marginfi, Kamino, Drift. I won a jupiter airdrop for the WEN coin too
So I use both. Do you use both or just SOL
Binance has the advantage of an exchange platform that can provide a lot of profits for those who participate in the Binance Launchpad. Solana still uses third parties and currently does not have its own exchange platform. Hopefully, in the near future, the developers will think about this and provide many developments that are good in the future, which could trigger an increase in the price of Solana.
actually this made me having some thoughts nowadays , while Solana is facing these type of issues that is something bad for its community yet there are more support coming from here and there .I agree with the author that such moments should tell us that someone can be very radical about investing in SOL and withdraw from it, especially if it will be some large funds, if now it has already become everyone's concern, what will happen when or if it will happen further? I think it is worth thinking about how much to invest in this project.Before we think about it, maybe there are already people who think like that before, for example, developers who build projects on the Solana network, but in my opinion, on the contrary, many projects continue to come to join Solana, but back to the mindset because everyone has a different mindset.
actually this made me having some thoughts nowadays , while Solana is facing these type of issues that is something bad for its community yet there are more support coming from here and there .Welcome back to the Solana network
so with this I will change my judgement and consider investing again from the amount I withdrawn after the great pump last year.
Oh really? I admit I said wrongly that Pyth is Python, sorry.I give a thumbs up to you and your friends who dare to invest and stake in Python (PYTH) because I don't dare to invest in cryptocurrency, let alone projects that have just emerged.You can directly check his Twitter (x) account pyth
Btw, do you have a Telegram group specifically for checking updates from each Solana coin platform?
https://x.com/PythNetwork (https://x.com/PythNetwork)
Pyth is not python but it is a symbol of their project and pyth stands for https://pyth.network/ they don't mention python
Although Pyth is a new project, this project is what reawakened the Solana community after a long time the Solana project was quiet (not many people discussed) and was followed by the Jupiter project (JUP) https://x.com/JupiterExchange this is the account and this hype will continue, don't know how long.Well, you also said that the Solana project was silent for a while because there were no projects present on the Solana coin platform.
I have never tried transactions on the Solana coin because the Solana coin is like a project that has just appeared.And my question to you, do you support BNB or Solana coins?I use both networks regularly (as well as others, of course), but for example, I've been using the BSC network a lot to farm LayerZero's airdrop, I also use BNB to participate in Binance's launchpads, as well as some games on the BSC network and Pancake Swap
How many BNB or Solana coins do you HodL?
On the Solana side I've been using it for DeFi like Marginfi, Kamino, Drift. I won a jupiter airdrop for the WEN coin too
So I use both. Do you use both or just SOL
Regardless of the rather, constant outages in Solana network, I personally stil see and consider SOL as a good investment vehicle for those who have a lot of money and can afford as many SOL tokens as possible.
Yeah now I come to my senses and indeed that I am investing back to Solana as I see those issue is kinda isolated and yeah can be fixed over time , SOL is one of the most promising project this market ever had and for me even if this may not kill Ethereum yet this can compete to the Ethereum networks .actually this made me having some thoughts nowadays , while Solana is facing these type of issues that is something bad for its community yet there are more support coming from here and there .Welcome back to the Solana network
so with this I will change my judgement and consider investing again from the amount I withdrawn after the great pump last year.
Problems in the Solana network should not be overly thought about why I say that, because I'm sure the developers of Solana have thought about this problem before we discuss it, Solana is not a meme coin that suddenly disappeared from the crypto world, in my opinion it makes no sense that a project that is ranked in the top five in CMC can just disappear or leave the commodity that has been built and everyone knows that building a large community is not enough with large capital funds or good partners, but there must be an introduction session such as airdrop events and others.
You can check the status of Solana network here: https://status.solana.com/uptime
And to be fair, tha last outage, before that one we are talking about, was 18 Feb 2023
So it's almost a year without any problem
If you look at January 2022, that was a problematic month for Solana
Honestly, I wouldn't be surprised if there is another Solana outage a year from now, even though the situation on the Solana network is much better now than it was before.I'd never imagine a network where people predict there will be an outage within a year can survive this long, but here we are. I guess the profits outweigh the cons, even though a disaster can happen if the network fails to restart or malfunctions in one way or another. Can't imagine how panicked people will be if we're talking about other alts, even BTC if an outage happened. This just reinforces my belief that I don't think a network like that is suitable for large-volume transactions that require security and reliability. I guess BTC is probably the only one as of now.
Yeah now I come to my senses and indeed that I am investing back to Solana as I see those issue is kinda isolated and yeah can be fixed over time , SOL is one of the most promising project this market ever had and for me even if this may not kill Ethereum yet this can compete to the Ethereum networks .Solana's problems are the only thing that makes people unsure about Solana, they are afraid that Solana will suddenly die and disappear, but I'm not sure about that.
If you are SOL token investore, I'd like to know your views on Solana and SOL:I still don't have SOL in my account so I just continue to follow Solana ecosystem.
- Did the Solana incident impact your decision to invest in SOL?
- Are you really bothered by the failure of the Solana blockchain?
- Do you believe that in the uptrend in 2025, the SOL token price will still grow and will not be negatively impacted by Solana blockchain outages?
Yeah now I come to my senses and indeed that I am investing back to Solana as I see those issue is kinda isolated and yeah can be fixed over time , SOL is one of the most promising project this market ever had and for me even if this may not kill Ethereum yet this can compete to the Ethereum networks .
Regardless of the rather, constant outages in Solana network, I personally stil see and consider SOL as a good investment vehicle for those who have a lot of money and can afford as many SOL tokens as possible. If I had a million dollars to invest in cryptocurrencies for the coming bull run, I won't think twice investing a max of one hundred thousand dollars on SOL alone, and this is because over the years, I've watched and discovered that the network outages on Solana blockchain have never realty had any much and noticeable negative impact on the SOL token and it's growth, so, coming further into the future, investors have become even more confident in SOL, that regardless of what happens in terms of network outages and so on, SOL always recovers - if at all the outage had any negative impact.I'm sorry, don't you think this asset is overpriced? And that it may be too late to buy it. On the contrary, I would personally consider an asset when it made at least -20% of the price, not when it made x2 to the price. And the difference would be enormous, think about it. Network failures are a separate topic. It's so amazing what they write about: "miracle technologies/development/future, etc." and they can't fix the network once and for all. Isn't that funny? As far as I'm concerned, that's their biggest problem. If it's hard to fix - what about the overall ecosystem? For me personally as a user, it only alienates me.
Yeah now I come to my senses and indeed that I am investing back to Solana as I see those issue is kinda isolated and yeah can be fixed over time , SOL is one of the most promising project this market ever had and for me even if this may not kill Ethereum yet this can compete to the Ethereum networks .Solana's problems are the only thing that makes people unsure about Solana, they are afraid that Solana will suddenly die and disappear, but I'm not sure about that.
We all know Solana is only recognized by many people because of its cheap and fast transaction fees, with just these two core capital Solana can compete with BNB (Binance).
So for who you care? if we are buying without understanding anything like what you said then are you affected? at least we know how to risk using our own money but thanks for the reply at least you have something to count for your weekly post count .Yeah now I come to my senses and indeed that I am investing back to Solana as I see those issue is kinda isolated and yeah can be fixed over time , SOL is one of the most promising project this market ever had and for me even if this may not kill Ethereum yet this can compete to the Ethereum networks .
If you said fix over time then I'm not sure you know Solana more than you do, there has been outage of Solana more than 5 times between 2022 and 2024 and I expect to see another outage very soon especially now that bullrun is fast approaching, there is going to be a lot of folks that will be excited and because here is a maximum number of people together with spam transactions and attacks, it can still get outage any time.
A lot of people buy a coin because they see people discuss it, because they see people buy it but they don't even understand anything they are buying. Most people are having Solana in their wallet because the airdrops and the promised meme coins that pumped some weeks and months ago. By the time all this activities stop, many of them that are loyal will leave.
They are a solid coin they will continue on to do well. I THINK THEY WILL TOP $300 in under a year.Now Solana is getting stronger and now Solana has established a cooperative relationship with BYBIT, BYBIT is a CEX that is ranked 3rd globally, this is proof that Solana is really serious about building its project.
If you said fix over time then I'm not sure you know Solana more than you do, there has been outage of Solana more than 5 times between 2022 and 2024 and I expect to see another outage very soon especially now that bullrun is fast approaching, there is going to be a lot of folks that will be excited and because here is a maximum number of people together with spam transactions and attacks, it can still get outage any time.We all know that the Solana blockchain still has problems and the outage is proof of that, but I believe that with our dedication, the Solana Dev team can solve these problems and help Solana get better day by day. The dev team stayed after the collapse of FTX and continued to contribute to Solana, and as a result, Solana returned as strong as it is now.
A lot of people buy a coin because they see people discuss it, because they see people buy it but they don't even understand anything they are buying. Most people are having Solana in their wallet because the airdrops and the promised meme coins that pumped some weeks and months ago. By the time all this activities stop, many of them that are loyal will leave.
We all know that the Solana blockchain still has problems and the outage is proof of that, but I believe that with our dedication, the Solana Dev team can solve these problems and help Solana get better day by day. The dev team stayed after the collapse of FTX and continued to contribute to Solana, and as a result, Solana returned as strong as it is now.So far, Solana has actually done quite well in improving and also making development progress on its network. And in fact, this doesn't have a big impact on the development of Solana prices in the market. SOL's positive trend continues. And even quite significant. Meanwhile, on the other hand, Solana provides and offers various things and concepts that are much more beneficial and also progressive. So, it shouldn't have too much influence on SOL's struggle in the market. but no matter what, Solana must remain and always fix the situation quickly.
Investment decisions are personal, you may need safety, while others are willing to take risks to get bigger profits. I believe that not all investors in SOL are inexperienced. Investment results will be the best answer!
So far, Solana has actually done quite well in improving and also making development progress on its network. And in fact, this doesn't have a big impact on the development of Solana prices in the market. SOL's positive trend continues. And even quite significant. Meanwhile, on the other hand, Solana provides and offers various things and concepts that are much more beneficial and also progressive. So, it shouldn't have too much influence on SOL's struggle in the market. but no matter what, Solana must remain and always fix the situation quickly.I consider the market impacts on SOL token price from two sides: positive and negative. Outage had a negative impact and we saw a slight price decline in SOL at that time. Meanwhile, the positive impact from the team's timely intervention + the strong growth of the ecosystem + impressive SOk token price increase has helped SOL token price recover quickly.
So when it comes to investment, it's really too late to invest. However, if we look at the previous ATH, this should not be the case. So there is still a chance for the coin to come back and then go up again.
Recently, the Solana network experienced its 11th outage in the past 2 years, causing a stir in the crypto community. This network outage lasted nearly 5 hours, raising concerns about the stability of Solana blockchain platform[1].I don't invest in SOL I only invest in Bitcoin and Ethereum that my choice and opinions but on the other hand SOL is a great project and a great choice of investment too considering the factors and network. On how the SOL network as grow for this pass few years.
However, contrary to my prediction, investor confidence in the SOL token still does not seem to be affected too much. Even many of my friends are still looking for investment opportunities in SOL with the expectation that this currency will continue to grow in the new growth cycle.
I tried thinking of a few reasons why investors are still optimistic about SOL:
- Potential technology: despite many downtimes, Solana is very fast ~ 65k tps[2]. Technology is a powerful tool for marketing.
- Diverse ecosystem: Solana has many dApps in most fields of DeFi, NFT, GameFi, so it attracts many users[3]. Transaction fees on Solana are very low so everyone can participate and use the network easily.
- Support from large investors: Solana is backed by many large investment funds, Solana's brand is guaranteed[4].
- SOL price is at a low zone compared to the old ATH of 256 USD.
(https://www.tradingview.com/x/ExrPNquj/)
It's easy to understand that with strong reasons like these, investors will continue to trust and invest in SOL tokens, despite the network's uncertain quality. I'm really interested in the optimistic sentiment of investors in the crypto market: crypto operates on the blockchain, but even though the blockchain has problems, token prices continue to grow.
If you are SOL token investore, I'd like to know your views on Solana and SOL:
- Did the Solana incident impact your decision to invest in SOL?
- Are you really bothered by the failure of the Solana blockchain?
- Do you believe that in the uptrend in 2025, the SOL token price will still grow and will not be negatively impacted by Solana blockchain outages?
References:
[1] Solana outage was caused by infinite loop bug previously seen on devnet (https://cryptoslate.com/solana-outage-was-caused-by-infinite-loop-bug-previously-seen-on-devnet/)
[2] Solana (SOL): Scaling Crypto to the Masses (https://www.gemini.com/cryptopedia/solana-blockchain)
[3] Solana ecosystem (https://solana.com/ecosystem)
[4] Dealroom: Solana (https://app.dealroom.co/companies/solana)
Note:
- My opinion was posted first in that topic, on Bitcointalk (https://bitcointalk.org/index.php?topic=5484663)
- I leave the source link to avoid plagiarism accusation.
- I excluded/ included minor things from an original thread if necessary.
I don't invest in SOL I only invest in Bitcoin and Ethereum that my choice and opinions but on the other hand SOL is a great project and a great choice of investment too considering the factors and network. On how the SOL network as grow for this pass few years.BTC and ETH have always been safe investment choices, and they deserve to make up the majority of our portfolio. However, SOL is also very attractive because the returns it brings are really superior to BTC, ETH, BNB and many top altcoins. I also don't have SOL because I only DCA BTC throughout the crypto winter, and to be honest I'm a little sorry for missing out on this opportunity, I couldn't have imagined Solana's impressive comeback after the FTX crash. Congratulations to those who have always believed in and stayed with Solana, they deserve the profits!
BTC and ETH have always been safe investment choices, and they deserve to make up the majority of our portfolio. However, SOL is also very attractive because the returns it brings are really superior to BTC, ETH, BNB and many top altcoins. I also don't have SOL because I only DCA BTC throughout the crypto winter, and to be honest I'm a little sorry for missing out on this opportunity, I couldn't have imagined Solana's impressive comeback after the FTX crash. Congratulations to those who have always believed in and stayed with Solana, they deserve the profits!
I don't know if there were many users who kept a large amount of SOL in their portfolio after the FTX eventsPerhaps this is just a conspiracy theory: Thanks to the FTX event, SOL holders sold most of their SOL tokens, so whales knew this and accumulated a lot of SOL throughout the crypto winter. When they had enough SOL to manipulate the market, the whales pumped the price of SOL up very quickly and easily because investors had no more SOL to sell. In the end, even though the price of SOL has increased more than 20 times from the bottom, most of the profits belong to the whales, not the investors. Only a few diamond hands have made a profit, and I believe they deserve it.
I myself had some SOL and sold most of them during the crash, but not at the bottom
I kept a few and continue to hold them
But I didn't buy more
I believe that few could see a future for SOL when it was at its bottom.
I'm sorry, don't you think this asset is overpriced?
I once saw the price of SOLANA coin at 12 dollars but I didn't buy it and until now the price of SOLANA coin is above 120 dollars, I haven't bought it.Everyone has their own criteria for their investment portfolio, it is completely reasonable to stay away from SOL token after the collapse of FTX if you cannot accept the risk from it. The market still has a lot of tokens to choose, they are safer than SOL, they have quite good profits for investors such as BTC and ETH, there are not many reasons for investors to choose SOL, and even if they choose, they will only dare to allocate a small part of the capital to SOL. I don't think anyone sane enough would go all-in on SOL at the price range of 8-12 USD.
I'm not really sure about this SOLANA coin because of the "shutdown" factor of the Blockchain and this for me is very scary because it could be worthless if a coin experiences a "shutdown" in the blockchain section.
I don't want to give you all FUD but I want to provide information that will keep me safe.
It's better for me to avoid problems like this so that I don't regret it later because this SOLANA coin is very risky for my own funds if it experiences another "shutdown" on the blockchain.
I'm not a fan but i'm very impressed how Solana rally these few weeks. I think SOL has a great potential considering the ecosystem they had and also the technology. Espcially their Solana mobile, it's quite very interesting for not to invest for this network. The bugs and outage as long as it can be fixed I'm good with it, there's always room for upgrade and improvements as the project continue. :)It's true, Solana has very good potential to profit from price movements which are currently still cheap and could become very expensive someday. You have to look at the ongoing Solana development process so that the potential for profits for those who are still holding Solana for a long time will still be there.
Frankly speaking if not for this thread, I would have never knew that Solana have even reached an ATH of 256usd before and the reason why I say this, is because I started noticing sol coins from early last year when the price was as low as 22 -25$ and seeing the growth it has gotten I was really of the impression that the coin has done pretty good and even commended it for many people that were starting to grow interest because of the supposed significant rise.I once saw the price of SOLANA coin at 12 dollars but I didn't buy it and until now the price of SOLANA coin is above 120 dollars, I haven't bought it.Everyone has their own criteria for their investment portfolio, it is completely reasonable to stay away from SOL token after the collapse of FTX if you cannot accept the risk from it. The market still has a lot of tokens to choose, they are safer than SOL, they have quite good profits for investors such as BTC and ETH, there are not many reasons for investors to choose SOL, and even if they choose, they will only dare to allocate a small part of the capital to SOL. I don't think anyone sane enough would go all-in on SOL at the price range of 8-12 USD.
I'm not really sure about this SOLANA coin because of the "shutdown" factor of the Blockchain and this for me is very scary because it could be worthless if a coin experiences a "shutdown" in the blockchain section.
I don't want to give you all FUD but I want to provide information that will keep me safe.
It's better for me to avoid problems like this so that I don't regret it later because this SOLANA coin is very risky for my own funds if it experiences another "shutdown" on the blockchain.
Solana's problems continue but SOL price continues to rise thanks to investor FOMO and ecosystem growth. Those who can tolerate the risk and believe in Solana can continue to buy and hold SOL, if SOL price increases in the uptrend, they deserve huge profits!
It's true, Solana has very good potential to profit from price movements which are currently still cheap and could become very expensive someday. You have to look at the ongoing Solana development process so that the potential for profits for those who are still holding Solana for a long time will still be there.Solana is still in the development process and it seems there are still several obstacles that need to be overcome immediately, for example the Solana network went out several times in the recent past.
I once saw the price of SOLANA coin at 12 dollars but I didn't buy it and until now the price of SOLANA coin is above 120 dollars, I haven't bought it.Normal situation, everyone was scared to buy = then the manipulator drove the price higher. Now, again, it is scary to buy as the price has given +100% from its low. This is how the market has worked and will continue to work. Same thing would happen if we saw a 50$ price tomorrow = everyone would wait for 20$ and the price would go back into the 200$ range.
I'm not really sure about this SOLANA coin because of the "shutdown" factor of the Blockchain and this for me is very scary because it could be worthless if a coin experiences a "shutdown" in the blockchain section.
I don't want to give you all FUD but I want to provide information that will keep me safe.
It's better for me to avoid problems like this so that I don't regret it later because this SOLANA coin is very risky for my own funds if it experiences another "shutdown" on the blockchain.
Frankly speaking if not for this thread, I would have never knew that Solana have even reached an ATH of 256usd before and the reason why I say this, is because I started noticing sol coins from early last year when the price was as low as 22 -25$ and seeing the growth it has gotten I was really of the impression that the coin has done pretty good and even commended it for many people that were starting to grow interest because of the supposed significant rise.You can look at the full history of the SOL price chart to see that SOL had an impressive growth season in 2021. Currently, SOL is also very popular due to the price increase from 8 USD to 200 USD and bringing profits to investors who continued to believe in SOL during the crypto winter of 2022. Unfortunately, I didn't have enough faith to DCA SOL, I chose to DCA BTC because BTC is a safer asset than SOL.
Normal situation, everyone was scared to buy = then the manipulator drove the price higher. Now, again, it is scary to buy as the price has given +100% from its low. This is how the market has worked and will continue to work. Same thing would happen if we saw a 50$ price tomorrow = everyone would wait for 20$ and the price would go back into the 200$ range.Solana may have the potential to fall even cheaper because currently Bitcoin is still quite expensive and when the halving is complete it will cause the price of Bitcoin to collapse. I am sure Solana will be affected by the price of Bitcoin so that the price of Solana will fall further.
P.S. As always, 10% of users manage to earn money, the rest lose money. ::)