Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Solana Forum => Topic started by: laijsica on June 30, 2024, 10:54:28 AM
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It can be emphasized that regular holding for solana investors is an expectation of high profits for the future. VanEck and 21Shares filed applications to launch the Solana ETF last week, and it is expected that approval could be easier if Donald Trump wins the next election and retaking the White House. The Biden administration's tough stance on cryptocurrency may not make its approval easy. Donald Trump's recent positive attitude towards crypto increases the likelihood of its approval.
https://www.coindesk.com/news-analysis/2024/06/28/solana-etf-applications-look-like-bets-on-trump-retaking-white-house-making-us-friendlier-to-crypto/
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It can be emphasized that regular holding for solana investors is an expectation of high profits for the future. VanEck and 21Shares filed applications to launch the Solana ETF last week, and it is expected that approval could be easier if Donald Trump wins the next election and retaking the White House. The Biden administration's tough stance on cryptocurrency may not make its approval easy. Donald Trump's recent positive attitude towards crypto increases the likelihood of its approval.
https://www.coindesk.com/news-analysis/2024/06/28/solana-etf-applications-look-like-bets-on-trump-retaking-white-house-making-us-friendlier-to-crypto/
I don't think neither trump or Biden can have all that influence in this particular ETF approval.
It was in Biden administration when both bitcoin and Ethereum etf were approved.
I think that in the next 5 years basically all high marketcap coins will have their own etf or they will be a share in some altcoin basket etf.
This cannot be stopped imo.
In Brazil, we have lots of cryptocurrencies etf for quite some time already. About 4 years.
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In my opinion, holding Solana will be profitable. We haven't yet seen a significant bull market in this cycle, and some anticipate Solana could potentially reach $1,000 USD during such a market. During bull market period, some previously inactive memecoins might see renewed interest. But when the bear market begins again, there's a risk of most memecoins losing value rapidly.
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So do you think the approval of the ETF was due to influence over the winner of the current election? Because Donald Trump supports crypto so this is a reference for you to solana ETF approved?
I'm not so sure, but still Trump has no control over this, right?
So as HODLing will it be beneficial for Solana? It's clear that when the bullishness comes, the solana price could increase again.
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In my opinion, holding Solana will be profitable. We haven't yet seen a significant bull market in this cycle, and some anticipate Solana could potentially reach $1,000 USD during such a market. During bull market period, some previously inactive memecoins might see renewed interest. But when the bear market begins again, there's a risk of most memecoins losing value rapidly.
I also think holding Solana is still profitable because we have no reasons to claim it not profitable. Although the price of Solana is decreasing a lot today, but it looks increasing again quickly. Solana is one of the trending coins in this bullrun season, so it won't be easy to take profits from Solana. Its ATH was $259 and I think it is very possible to reach the ATH again. However, I think it is too high if we expect for $1k for the price of Solana. I think it is possible to reach $400 - $500, but to reach $1,000 seems very difficult.
About meme coins, the price is too volatile and it has no fundamentals. It is different with Solana which has a strong fundamental. Why we talk meme coins here? :D
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In my opinion, holding Solana will be profitable. We haven't yet seen a significant bull market in this cycle, and some anticipate Solana could potentially reach $1,000 USD during such a market. During bull market period, some previously inactive memecoins might see renewed interest. But when the bear market begins again, there's a risk of most memecoins losing value rapidly.
About meme coins, the price is too volatile and it has no fundamentals. It is different with Solana which has a strong fundamental. Why we talk meme coins here? :D
;D. I was trying to refer to how memecoins play a significant role in boosting the SOL ecosystem's growth and during bull markets, these coins tend to experience strong price increases alongside SOL's rising value and as market sentiment shifts, traders often choose to sell their memecoin holdings and convert profits into SOL. This behavior typically results in the decline of weaker memecoins, while supporting SOL's value.
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Yes, I expect that the continued accumulation of Solana over the coming months will be profitable due to the wait for ETF approval. Solana’s price rose as soon as talk about the possibility of approval spread in the media.
This issue is not lost on the whales, and they will begin to collect large quantities in the coming period, awaiting approval. It can be said that now is an appropriate time to start assembling Solana for those who want some adventure, although I believe that approval will be obtained sooner or later, but one must be careful that approval may not be obtained, and then it could happen A major correction occurs in SOL price.
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So do you think the approval of the ETF was due to influence over the winner of the current election? Because Donald Trump supports crypto so this is a reference for you to solana ETF approved?
I'm not so sure, but still Trump has no control over this, right?
So as HODLing will it be beneficial for Solana? It's clear that when the bullishness comes, the solana price could increase again.
Bearish come last two day make Solana drop to lower price but easily faster recovery back to higher price, I think what ever the election of United State president can't controlling well with cryptocurrency price but has positive side Donald Trump as candidate more support with bitcoin and altcoin.
Solana will get positive impact if Donald Trump as the winner of election but I don't sure he can full controlling with bitcoin in the future because he only promising give more space for bitcoin and altcoin become legal payment currency transaction.
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So do you think the approval of the ETF was due to influence over the winner of the current election? Because Donald Trump supports crypto so this is a reference for you to solana ETF approved?
I'm not so sure, but still Trump has no control over this, right?
So as HODLing will it be beneficial for Solana? It's clear that when the bullishness comes, the solana price could increase again.
Bearish come last two day make Solana drop to lower price but easily faster recovery back to higher price, I think what ever the election of United State president can't controlling well with cryptocurrency price but has positive side Donald Trump as candidate more support with bitcoin and altcoin.
Solana will get positive impact if Donald Trump as the winner of election but I don't sure he can full controlling with bitcoin in the future because he only promising give more space for bitcoin and altcoin become legal payment currency transaction.
Not only Solana fell from the impact of the market crash, all coins experienced this decline due to some news where the government sold its bitcoin on the exchange and Mtgox has started distributing bitcoin to its creditors.
Looking at the news with some polls that Trump seems to have a lot of support among other candidates, but about support for certain altcoins it's not sure, it's just that he gives a lot of space as you said, which means it's not just Solana, while the ETF proposal is not from a president.
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Being the president of a country doesn't usually mean that anything they somehow promoted during the election campaign will be easily put into law.
Trump being positive about crypto doesn't mean that he can easily grant Solana ETF when becomes the president. There are people to handle that, to grant Solana ETF or not. Trump has no interference in that. Did the bitcoin and ethereum ETF approval, get approved because Biden sanctioned it? That's the question you should ask yourself.
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It can be emphasized that regular holding for solana investors is an expectation of high profits for the future. VanEck and 21Shares filed applications to launch the Solana ETF last week, and it is expected that approval could be easier if Donald Trump wins the next election and retaking the White House. The Biden administration's tough stance on cryptocurrency may not make its approval easy. Donald Trump's recent positive attitude towards crypto increases the likelihood of its approval.
https://www.coindesk.com/news-analysis/2024/06/28/solana-etf-applications-look-like-bets-on-trump-retaking-white-house-making-us-friendlier-to-crypto/
After a lot of talks and a lot of shilling about Solana networks and all of the associated projects inside this not Solana is returning to its original form and that is hundred dollars and below
https://coinmarketcap.com/currencies/solana/
not to brag all Solana supporters there because I am also one fot hos who boosted by this project but to say what I believe is happening .
Yes, I expect that the continued accumulation of Solana over the coming months will be profitable due to the wait for ETF approval. Solana’s price rose as soon as talk about the possibility of approval spread in the media.
aren't Solana is being Hyped nowadays? there are so much good words being delivered and I can see once these expectation fails? so much tears will flow again like what had happened to other over hyped projects .
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Hodling means long-term holding and all cryptocurrencies fail at being a good long-term investment.
Solana ETF, if anything happens, will have a limited impact, just as happened with Ethereum, and therefore long-term investment in it will be useless. Trading in the Solana pair can be considered profitable, but long-term investment is not.
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aren't Solana is being Hyped nowadays? there are so much good words being delivered and I can see once these expectation fails? so much tears will flow again like what had happened to other over hyped projects .
Yes, I warned in my previous posts that it is possible for Solana to fail and not obtain approval. Therefore, investors who want to invest must be careful because if approval is not obtained, the opposite will certainly happen and the price will decline significantly.
We also mentioned that the Solana network suffered from problems and downtime in the past, so this could have a negative impact unless the developers remedy the situation and work on important improvements to the network to prevent such problems from occurring in the future.
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We also mentioned that the Solana network suffered from problems and downtime in the past, so this could have a negative impact unless the developers remedy the situation and work on important improvements to the network to prevent such problems from occurring in the future.
Solana network stopped several times, yet the price rose. Investors are looking for technical analysis and profits, and they rarely even withdraw these currencies to their wallets, as the technical problems of such currencies will not affect the short-term performance.
Solana rose, which means that the upcoming rises will be lower, and profits will be lower, with a higher probability of achieving losses.
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This new news about Solana ETF can be a game changer for those who are planning to hold it. By next year March analysts tip that a final decision about the spot ETF should be out. If it gets approved then it will get a good price hike which will be profitable for the holders. A long-term hold has always generated good returns for investors but the only issue is will the Solana network be able to handle buying and selling pressure in the future.
Source: https://cointelegraph.com/news/solana-etf-deadline-tipped-march-vaneck-21-shares-filings
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This new news about Solana ETF can be a game changer for those who are planning to hold it. By next year March analysts tip that a final decision about the spot ETF should be out.
Do not try to catch the green light. Until the end of March, most cryptocurrencies will be on the rise, and Bitcoin may be at a price of more than $100,000. Therefore, instead of placing a bet on something that is not guaranteed, it is better to realistically invest in something more guaranteed.
As a reminder, Bitcoin ETF has been rejected several times.
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Solana network stopped several times, yet the price rose. Investors are looking for technical analysis and profits, and they rarely even withdraw these currencies to their wallets, as the technical problems of such currencies will not affect the short-term performance.
Solana rose, which means that the upcoming rises will be lower, and profits will be lower, with a higher probability of achieving losses.
Technical advantages are just one factor supporting token prices. The Solana blockchain has stopped working many times, but the strong inflow of money has helped SOL price recover impressively. Other more stable blockchains like Eos or Neo have not been able to do the same. Investors need to break free from the obsession with technology when investing, otherwise, they may miss out on good opportunities and suffer losses with good but forgotten blockchains.
I believe that Solana has established itself in this market, so the SOL price will likely continue to set new ATHs in this bullrun and bring profits to SOL holders. The SOL Spot ETF could be the next driver for the explosion on the SOL price chart!
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At the beginning of Joe Biden's presidential term in 2021, almost all crypto coins have increased and 2021 includes bullish season and Altcoin season in the following year until now at the end of Joe Biden's presidential term Bitcoin continues to fall even though it had risen and made a new ATH but now Bitcoin is experiencing a big decline due to a lot of sales, no one knows the reason why they are selling Bitcoin.
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At the beginning of Joe Biden's presidential term in 2021, almost all crypto coins have increased and 2021 includes bullish season and Altcoin season in the following year until now at the end of Joe Biden's presidential term Bitcoin continues to fall even though it had risen and made a new ATH but now Bitcoin is experiencing a big decline due to a lot of sales, no one knows the reason why they are selling Bitcoin.
I think it's just a coincidence that the bull run coincides with the start of a new presidential term in the US. It's probably the same this time, whether the new president is Biden or Trump. Right now we are facing a lot of negative news such as Mt.Gox returning BTC or the German government dumping BTC, BTC price has dropped to the $50K zone but the SOL price is still well supported and above $120, perhaps due to the activity in Solana ecosystem and SOL Spot ETF news.
Personally, I think this sideways movement is necessary for SOL and the entire crypto market: the longer the accumulation, the faster and stronger the growth will be! I hope SOL will not disappoint investors ^^
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At the beginning of Joe Biden's presidential term in 2021, almost all crypto coins have increased and 2021 includes bullish season and Altcoin season in the following year until now at the end of Joe Biden's presidential term Bitcoin continues to fall even though it had risen and made a new ATH but now Bitcoin is experiencing a big decline due to a lot of sales, no one knows the reason why they are selling Bitcoin.
I think it's just a coincidence that the bull run coincides with the start of a new presidential term in the US. It's probably the same this time, whether the new president is Biden or Trump. Right now we are facing a lot of negative news such as Mt.Gox returning BTC or the German government dumping BTC, BTC price has dropped to the $50K zone but the SOL price is still well supported and above $120, perhaps due to the activity in Solana ecosystem and SOL Spot ETF news.
For me, whoever becomes president later, hopefully he can restore or support the existence of crypto and restore peace, the beginning of the presidential inauguration will probably coincide with the Altcoin season.
Personally, I think this sideways movement is necessary for SOL and the entire crypto market: the longer the accumulation, the faster and stronger the growth will be! I hope SOL will not disappoint investors ^^
Disappointing the community may not be but what I am worried about is that the 2023 Solana incident is very worrying and if it happens again there may be a buildup of supply in the market and a long wait to recover.
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Currently Solana coins difficult break out to higher price since bitcoin dropping after bad news or MtGox market effect, since dropping until $122 and recovery reach up above $155 right now Solana get difficult to be stable or going to higher price after dropping under $138.
Have bad choose as short term trading with Solana right now after my investing when Solana price above $160, I don't know will worth it one day later become long term holding with solana coins or has potential will make another lower price because bitcoin price not stable yet with many bad issues every day.
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Currently Solana coins difficult break out to higher price since bitcoin dropping after bad news or MtGox market effect, since dropping until $122 and recovery reach up above $155 right now Solana get difficult to be stable or going to higher price after dropping under $138.
Have bad choose as short term trading with Solana right now after my investing when Solana price above $160, I don't know will worth it one day later become long term holding with solana coins or has potential will make another lower price because bitcoin price not stable yet with many bad issues every day.
Now that the ownership of Bitcoin from Germany has run out, Bitcoin should have started to enter the recovery period and followed by other coins, the risk of Bitcoin's decline has been reduced, now it's just waiting for mtgox to complete the distribution after that nothing else can make Bitcoin go down unless us sell all the Bitcoin they have and hopefully there is no negative news about Bitcoin.
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Currently Solana coins difficult break out to higher price since bitcoin dropping after bad news or MtGox market effect, since dropping until $122 and recovery reach up above $155 right now Solana get difficult to be stable or going to higher price after dropping under $138.
Have bad choose as short term trading with Solana right now after my investing when Solana price above $160, I don't know will worth it one day later become long term holding with solana coins or has potential will make another lower price because bitcoin price not stable yet with many bad issues every day.
Now that the ownership of Bitcoin from Germany has run out, Bitcoin should have started to enter the recovery period and followed by other coins, the risk of Bitcoin's decline has been reduced, now it's just waiting for mtgox to complete the distribution after that nothing else can make Bitcoin go down unless us sell all the Bitcoin they have and hopefully there is no negative news about Bitcoin.
I couldn't agree more! Since the German government has sold off its Bitcoins, the stage is set for a potential recovery phase. It is as if a burden has finally been lifted from the market. Yes, you are correct, once MtGox has concluded with its distribution then another worry would certainly be put to bed. After this, the fate of the market would automatically descend into the nornal supply and demand state without any interference. In that respect, however, there is always the problem of a large scale selling which might occur due to a bear phase or form of negative news on the market but thinking about it, I don’t think the market can really be badly shocked again as it has gotten used it by now.
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I couldn't agree more! Since the German government has sold off its Bitcoins, the stage is set for a potential recovery phase. It is as if a burden has finally been lifted from the market. Yes, you are correct, once MtGox has concluded with its distribution then another worry would certainly be put to bed. After this, the fate of the market would automatically descend into the nornal supply and demand state without any interference. In that respect, however, there is always the problem of a large scale selling which might occur due to a bear phase or form of negative news on the market but thinking about it, I don’t think the market can really be badly shocked again as it has gotten used it by now.
You are too early to conclude that the recovery phase of Bitcoin will start. There are a few billion dollars worth of Bitcoin that will be paid to the victims of the Mt.Gox hack. With Bitcoin uncertainty always prevails and speculation is what we all feed on. Although after today's assassination attempt on Donald Trump, the price of Bitcoin has gone up by 2% it is too early to see a full recovery. I think we as a community will need to wait till November this year or next year to see the actual bull market as by then both Bitcoin and Ethereum spot ETFs will be trading in the market which means institutional investment will be high. Do remember by that time the US election will be over and after today's event it is certain to me that Trump is going to become the next President of the USA.
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I couldn't agree more! Since the German government has sold off its Bitcoins, the stage is set for a potential recovery phase. It is as if a burden has finally been lifted from the market. Yes, you are correct, once MtGox has concluded with its distribution then another worry would certainly be put to bed. After this, the fate of the market would automatically descend into the nornal supply and demand state without any interference. In that respect, however, there is always the problem of a large scale selling which might occur due to a bear phase or form of negative news on the market but thinking about it, I don’t think the market can really be badly shocked again as it has gotten used it by now.
You are too early to conclude that the recovery phase of Bitcoin will start. There are a few billion dollars worth of Bitcoin that will be paid to the victims of the Mt.Gox hack. With Bitcoin uncertainty always prevails and speculation is what we all feed on. Although after today's assassination attempt on Donald Trump, the price of Bitcoin has gone up by 2% it is too early to see a full recovery. I think we as a community will need to wait till November this year or next year to see the actual bull market as by then both Bitcoin and Ethereum spot ETFs will be trading in the market which means institutional investment will be high. Do remember by that time the US election will be over and after today's event it is certain to me that Trump is going to become the next President of the USA.
I appreciate your precautionary measures but I do not agree with your perception that it is still premature to forecast that the beginning of the recovery phase of Bitcoin will occur. The situation with the Mt.Gox hack victims’ compensation is, indeed, major, but it is also important to realize that this news has already been digested by the market and its price implications taken into consideration.
As a matter of fact, the recent upward movement in the price triggered by the assassination attempt on Donald Trump has clearly manifested Bitcoin as the global safe-haven asset as it is not in congruence with the general stock market indices. This is a bull signal and shows that investors are hiding in Bitcoin during moments of global instability.
Moreover, the statement about the 2% increase in the price is far beyond hysteria since it indicates the trend of prices rising. The available technical factors suggest that they are pointing upwards, and thereby there is a noticeable change from a bearish market to a bullish one.
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Currently Solana coins difficult break out to higher price since bitcoin dropping after bad news or MtGox market effect, since dropping until $122 and recovery reach up above $155 right now Solana get difficult to be stable or going to higher price after dropping under $138.
Have bad choose as short term trading with Solana right now after my investing when Solana price above $160, I don't know will worth it one day later become long term holding with solana coins or has potential will make another lower price because bitcoin price not stable yet with many bad issues every day.
Now that the ownership of Bitcoin from Germany has run out, Bitcoin should have started to enter the recovery period and followed by other coins, the risk of Bitcoin's decline has been reduced, now it's just waiting for mtgox to complete the distribution after that nothing else can make Bitcoin go down unless us sell all the Bitcoin they have and hopefully there is no negative news about Bitcoin.
I couldn't agree more! Since the German government has sold off its Bitcoins, the stage is set for a potential recovery phase. It is as if a burden has finally been lifted from the market. Yes, you are correct, once MtGox has concluded with its distribution then another worry would certainly be put to bed. After this, the fate of the market would automatically descend into the nornal supply and demand state without any interference. In that respect, however, there is always the problem of a large scale selling which might occur due to a bear phase or form of negative news on the market but thinking about it, I don’t think the market can really be badly shocked again as it has gotten used it by now.
Yes, now Solana has started to bounce back, there has been an increase from the decline caused by Bitcoin and in my opinion Solana is already strong in holding prices where when Bitcoin fell from the price of $60k to $54k Solana experienced a decline of only about $15 in a period of one day.
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Yes, now Solana has started to bounce back, there has been an increase from the decline caused by Bitcoin and in my opinion Solana is already strong in holding prices where when Bitcoin fell from the price of $60k to $54k Solana experienced a decline of only about $15 in a period of one day.
That's a great observation! I will consider it rather impressive how Solana managed to stand the test of the Bitcoin price decline. From $60k to $54k, the bitcoin price decreased by about 10% while solana’s price merely declined by approximately $15, a very small percentage.
This could be an indicator that Solana is getting more adoption and tagging less behind Bitcoin price swings. Now, if Solana can sustain the current price or even go higher in the meantime that Bitcoin is oscillating, this may actually be favorable for the asset.
Besides, the low fees, fast transaction speed, and a relatively expanding number of DeFi projects makes Solana a potential contender for Ethereum. Given that there are new investors interested in the crypto market, Solana’s features and good performance could make it more popular and become one of the major blockchain platforms out there.
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At the beginning of Joe Biden's presidential term in 2021, almost all crypto coins have increased and 2021 includes bullish season and Altcoin season in the following year until now at the end of Joe Biden's presidential term Bitcoin continues to fall even though it had risen and made a new ATH but now Bitcoin is experiencing a big decline due to a lot of sales, no one knows the reason why they are selling Bitcoin.
And also, since the Trump shooting incident, crypto profits have increased again. Maybe this is because Germany also finished selling their Bitcoin. So the price of crypto has started to find its way to remaining at a figure good enough to rise again. Yes, at least today we see how the market is really green and full of enthusiasm to achieve an increase.
Likewise with SOL, this is a project that has great potential and has very good fundamentals. Therefore, I personally do not hesitate to invest in this coin. Just be prepared to set some price targets, but that doesn't mean going all-in for SOL. There is a need for diversification and SOL to be included in one of the ones that is very potential to increase again in the future.
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Is Solana Holding going to be profitable
Solana SOL has seen significant growth in the market in the past, driven by its high throughput and low transaction costs compared to other blockchains.Solana’s technology, including its Proof of History (PoH) consensus mechanism, makes Solana Holding’s profitability dependent on a number of factors such as market conditions, adoption rates, progress, etc. Solana has shown promise with its high and low fees. However, volatility in the crypto market and regulatory changes could impact its profitability.
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aren't Solana is being Hyped nowadays? there are so much good words being delivered and I can see once these expectation fails? so much tears will flow again like what had happened to other over hyped projects .
Yes, I warned in my previous posts that it is possible for Solana to fail and not obtain approval. Therefore, investors who want to invest must be careful because if approval is not obtained, the opposite will certainly happen and the price will decline significantly.
While Solana is growing together with other coins since yesterday but My stand still goes and that is to be careful in trusting this coin for longer time
because we have seen several projects(actually good standing coins that turns into scams? but Am not saying Sol is similar but we cannot prevent this
from happening if there is a movement from dev/team.
Look at its price now going up above 160 dollars
https://coinmarketcap.com/currencies/solana/
and a double digit green percent so there is a chance of staying that level at least this quarter.
We also mentioned that the Solana network suffered from problems and downtime in the past, so this could have a negative impact unless the developers remedy the situation and work on important improvements to the network to prevent such problems from occurring in the future.
that downtime happened many times before and still happens recently but yet? believers keep the holding lol.
this is one of the downtime happens early this year took 5 hours?
A post-mortem report on this week’s Solana network outage pointed the finger at a previously known bug.
The network was unusable for five hours Tuesday. Validators — a key infrastructure layer of Solana, responsible for running the software that adds and verifies transactions to the blockchain — later restarted the network before 10 am ET.
https://blockworks.co/news/solana-downtime-post-mortem
maybe that is enough to be careful and always aware of it.
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because we have seen several projects(actually good standing coins that turns into scams? but Am not saying Sol is similar but we cannot prevent this
from happening if there is a movement from dev/team.
Scam cases often occur in security tokens, I don't know which project you are referring to, but let's say it's FTX. The price of this type of token reflects the development and performance of its issuer's service .
Solana is a utility coin where the price is reflected by the quality of the coin itself. Generally it is a type of decentralized coin that uses a consensus system (involving many parties) and has some kind of public repository of improvement proposals[1] to make decisions on changes to the protocol. The larger the blockchain network grows, the more external development contributors take on the role. That's why there is very little chance of ending up in scam.
1. https://github.com/orgs/solana-foundation/projects/2/views/10
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While Solana is growing together with other coins since yesterday but My stand still goes and that is to be careful in trusting this coin for longer time
because we have seen several projects(actually good standing coins that turns into scams? but Am not saying Sol is similar but we cannot prevent this
from happening if there is a movement from dev/team.
Look at its price now going up above 160 dollars
https://coinmarketcap.com/currencies/solana/
and a double digit green percent so there is a chance of staying that level at least this quarter.
Yes, of course, I am also in favor of being cautious, but I am not saying that Solana can turn into a failure or a scam.
Despite everything, the Solana network remains one of the strong networks that has achieved great growth and gained the trust of many users, so we should not underestimate it.
The rise in Solana's price indicates that it still enjoys great confidence and that mistakes can be realized and solutions can be found in the future.
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For me, whoever becomes president later, hopefully he can restore or support the existence of crypto and restore peace, the beginning of the presidential inauguration will probably coincide with the Altcoin season.
Disappointing the community may not be but what I am worried about is that the 2023 Solana incident is very worrying and if it happens again there may be a buildup of supply in the market and a long wait to recover.
The crypto market period is 4 years and coincides with the US presidential term, so if we calculate the repeating cycle, we will have a bullrun again as soon as the election ends and we have a new US president!
During bullrun, investors tend to overlook issues and focus on the rampant price increases of tokens. Solana experienced multiple outages during the 2021 bull run, yet its price continued to surge, surpassing $250 and becoming one of the most successful tokens in the market. This trend could continue in the future, with the ecosystem's vibrancy potentially pushing the Solana blockchain to its limits and causing outages. However, as long as investor confidence and FOMO remain strong, SOL's price is likely to remain well-supported.
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Yes, now Solana has started to bounce back, there has been an increase from the decline caused by Bitcoin and in my opinion Solana is already strong in holding prices where when Bitcoin fell from the price of $60k to $54k Solana experienced a decline of only about $15 in a period of one day.
That's a great observation! I will consider it rather impressive how Solana managed to stand the test of the Bitcoin price decline. From $60k to $54k, the bitcoin price decreased by about 10% while solana’s price merely declined by approximately $15, a very small percentage.
This could be an indicator that Solana is getting more adoption and tagging less behind Bitcoin price swings. Now, if Solana can sustain the current price or even go higher in the meantime that Bitcoin is oscillating, this may actually be favorable for the asset.
Besides, the low fees, fast transaction speed, and a relatively expanding number of DeFi projects makes Solana a potential contender for Ethereum. Given that there are new investors interested in the crypto market, Solana’s features and good performance could make it more popular and become one of the major blockchain platforms out there.
There is no harm in putting our trust and hope in Solana for the future of crypto and there is also no harm in putting the little money we have to join Solana instead of putting our money in obscure meme coins.
When Solana reached $160 yesterday I took profits, I bought it when the price was around $120 and that was a long time ago and I will buy it again when there is a downward movement in the price of Bitcoin.
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Hmm by the current timeline, I think if you are considering SOL to be non-worthy for the investment due to its higher market capital, maybe you are on the wrong stand, because if you consider a little long-term plan with SOL its a more reliable and rewarding comparing to any other chain, SOL's ecosystem is growing tremendously and making things more complicated for the ETH and ETH L2's.
TBH if we consider a little hope for the consistent growth of crypto market capital it won't take too long for SOL to dominate the 3rd position as BTC and ETH are dominating the 1st and 2nd positions for a long time.
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There is no harm in putting our trust and hope in Solana for the future of crypto and there is also no harm in putting the little money we have to join Solana instead of putting our money in obscure meme coins.
When Solana reached $160 yesterday I took profits, I bought it when the price was around $120 and that was a long time ago and I will buy it again when there is a downward movement in the price of Bitcoin.
Solana is indeed a pretty great project, and it has also proven to have a long develop team as well as thriving ecosystem, so putting one's trust in it could be quite understandable.
While I'm not really a fan of any coin that's not Bitcoin, I still feel it'll be a smart move for one to also consider diversifying one's portfolio by also investing in a mix of other established projects just like Solana and other projects that also have incredible potentials for growth. And yeah, taking profits when the price of the asset has reached a high point could actually be a pretty cool way to lock in gains and also rebalance your portfolio, but the most important thing is to first DYOR and be very sure and positive before putting your money into any investment.
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Keep increasing the Solana coins prince since drop under $130 after bitcoin crash and yesterday success reach highest price up to $172. I think Solana holder keep promising to earn much profitable and believing potential break above $200 in short term regarding their issues will apply for ETF Solana approval.
I can't imagine if get approval how much break out of Solana coins will be great competitor for BNB coins price or reach up to $1k in one day later.
I am holding around 20 Solana coins and expected for selling above $300 every single coins price, seems has chance for Solana get raise to most higher price if the ETF rumor will approve.
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If Donald Trump wins the US presidential election, it will seek to many rise of crypto coins to flourish in the crypto market than when Biden keeps running the USA.
That being said, I don't the USA president is among the decision-makers of why Solana ETF is to be approved or not. Those in charge of it will go through the file summited for Solana ETF, and get it approved if necessary.
Nevertheless, Solana future is going to be bright in this coming bull run, she's showing good signs that it will skyrocket hugely, providing its investors with many profits. I am foreseeing a price above $1k by next year
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Nevertheless, Solana future is going to be bright in this coming bull run, she's showing good signs that it will skyrocket hugely, providing its investors with many profits. I am foreseeing a price above $1k by next year
I also hope so, Solana's rise should be a tremendous increase when entering the next bull run or alt season market.
The current narrative is quite positive with the involvement of Donald Trump who is now successfully making crypto the main spotlight and Biden's elimination makes the negative narrative on crypto less.
Buying and holding from now on is a great choice to do or do DCA.
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While Solana is growing together with other coins since yesterday but My stand still goes and that is to be careful in trusting this coin for longer time
because we have seen several projects(actually good standing coins that turns into scams? but Am not saying Sol is similar but we cannot prevent this
from happening if there is a movement from dev/team.
Look at its price now going up above 160 dollars
https://coinmarketcap.com/currencies/solana/
and a double digit green percent so there is a chance of staying that level at least this quarter.
Instead of worrying about Solana's future, why don't you invest in them for short term since the future of altcoins can't be ascertained and altcoins are only good for short term?
One of the worst mistakes investors make is to think that a coin apart from bitcoin would remain the top best altcoins to invest in all the time, just because it showed a great price movement and coins are aligning on its blockchain, that makes it the perfect coin that can't be rugpulled.
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It can be emphasized that regular holding for solana investors is an expectation of high profits for the future. VanEck and 21Shares filed applications to launch the Solana ETF last week, and it is expected that approval could be easier if Donald Trump wins the next election and retaking the White House. The Biden administration's tough stance on cryptocurrency may not make its approval easy. Donald Trump's recent positive attitude towards crypto increases the likelihood of its approval.
https://www.coindesk.com/news-analysis/2024/06/28/solana-etf-applications-look-like-bets-on-trump-retaking-white-house-making-us-friendlier-to-crypto/
Holding Solana will be profitable and I believe the longer you hold the more profit you will make, Solana is among the best coins right now in the crypto industry and should be taken seriously, a lot of people believe Solana will not grow like Bitcoin but that should not be the board of contention our interest should be, if Solana will keep growing or will not and from all indications I believe it will keep growing bigger and better and holding unto it will be a good step.
Trump is a business man and he knows how to make investors support his political journey, he may win and decide not to support cryptocurrency anymore no one knows his heart, and that is why I will not put my hopes in him for now, however it will be a good thing if trump supports crypto.
We all know that government can't bring down cryptocurrency but there lack of support will reduce it's growth and that is why we all wish for government support in cryptocurrency.
There's a great future for Solana if trump wins the next presidential election and stand by his words and even if he loses or wins and didn't stand by his words in supporting cryptocurrency Solana will still grow.
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a lot of people believe Solana will not grow like Bitcoin
to be fair a lot of altcoins no matter how much potential they have are not really expected to reach the level of bitcoin even ethereum that is already second to bitcoin does not pose as a threat to bitcoin
There's a great future for Solana if trump wins the next presidential election and stand by his words and even if he loses or wins and didn't stand by his words in supporting cryptocurrency Solana will still grow.
how did trump get into the discussion of solana? as far as i know i have never heard him talk about other coins aside from bitcoin and i am not even sure if altcoins are part of trump's plans when he becomes president
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Instead of worrying about Solana's future, why don't you invest in them for short term since the future of altcoins can't be ascertained and altcoins are only good for short term?
One of the worst mistakes investors make is to think that a coin apart from bitcoin would remain the top best altcoins to invest in all the time, just because it showed a great price movement and coins are aligning on its blockchain, that makes it the perfect coin that can't be rugpulled.
Short term is the best way trading with Solana coins after crashing yesterday when bitcoin drop under $49k and most significant recovering of Solana coins. My buy order around 112$ success filled and I am too hurry for selling above $130 without few hours later Solana coins success break out above $150.
Solana coins is most profitable altcoin trading for short term trader typical, they can take much profit and keep consistent with Solana because always get faster for recovery after dropping lower price and most faster than top other altcoin such as BNB or ETH taken around few days later for recovering back to higher price.
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Hmm, SOL is behaving super similar to Bitcoin and Eth, TBH haha there's a lot of potential in the SOL if you don't consider it overvalued. SOL is good for the accumulation, but i dont know why but I am not ready to consider another reliable asset other than Bitcoin and ETH. Haha also you should know many times SOL chain got down.
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Hmm, SOL is behaving super similar to Bitcoin and Eth, TBH haha there's a lot of potential in the SOL if you don't consider it overvalued. SOL is good for the accumulation, but i dont know why but I am not ready to consider another reliable asset other than Bitcoin and ETH. Haha also you should know many times SOL chain got down.
I got a pop up news from my notification area today and it says that Solana has outperform Ethereum and Bitcoin in the recently cryptocurrency downtime period. Though I have not followed Sol and Eth market caps and prices foe some months now so I am not conversant with them again. But seeing the news today, I was like wow! https://www.coindesk.com/markets/2024/08/07/solana-hits-all-time-high-against-ether-outperforms-bitcoin-in-crypto-rebound/. That is for the main time, those two coins will still surpass Solana again.
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Hmm, SOL is behaving super similar to Bitcoin and Eth, TBH haha there's a lot of potential in the SOL if you don't consider it overvalued. SOL is good for the accumulation, but i dont know why but I am not ready to consider another reliable asset other than Bitcoin and ETH. Haha also you should know many times SOL chain got down.
I got a pop up news from my notification area today and it says that Solana has outperform Ethereum and Bitcoin in the recently cryptocurrency downtime period. Though I have not followed Sol and Eth market caps and prices foe some months now so I am not conversant with them again. But seeing the news today, I was like wow! https://www.coindesk.com/markets/2024/08/07/solana-hits-all-time-high-against-ether-outperforms-bitcoin-in-crypto-rebound/. That is for the main time, those two coins will still surpass Solana again.
This is not new anymore, the solana network is really performing exclusively well for the past few months to a year now, and this news of outperforming ethereum has surface on a number of occasions and for that we ant surprise with solana recent hypes because we have seen how active and performing projects on the solana is doing and the recent craze about them, most of the memecoins are running on this network.
This remind us of the ico days when the ethereum network receives it first popularity a d adoption way back in 2016-2017-2018 all through this period, ethereum made same waves that solana network is making today.
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This is not new anymore, the solana network is really performing exclusively well for the past few months to a year now, and this news of outperforming ethereum has surface on a number of occasions and for that we ant surprise with solana recent hypes because we have seen how active and performing projects on the solana is doing and the recent craze about them, most of the memecoins are running on this network.
This remind us of the ico days when the ethereum network receives it first popularity a d adoption way back in 2016-2017-2018 all through this period, ethereum made same waves that solana network is making today.
Yes, there are many meme coins that use solanan, although lately we have heard that dogs meme coins that use the TON network are very hype, but solana still shows its class this year. I am not a meme lover, I only occasionally take advantage of the moment to make a profit from meme coins, although I will not hold meme coins for long.
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This is not new anymore, the solana network is really performing exclusively well for the past few months to a year now, and this news of outperforming ethereum has surface on a number of occasions and for that we ant surprise with solana recent hypes because we have seen how active and performing projects on the solana is doing and the recent craze about them, most of the memecoins are running on this network.
This remind us of the ico days when the ethereum network receives it first popularity a d adoption way back in 2016-2017-2018 all through this period, ethereum made same waves that solana network is making today.
Yes, there are many meme coins that use solanan, although lately we have heard that dogs meme coins that use the TON network are very hype, but solana still shows its class this year. I am not a meme lover, I only occasionally take advantage of the moment to make a profit from meme coins, although I will not hold meme coins for long.
I see dosg is very popular right now, but we never know the continuation of meme coins. Doge coin and shib were once popular in their time and now seem to be struggling, that's how meme coins are. Personally, I prefer to invest in coins that have good projects and are used by users such as solana, BNB and TON. Not meme coins
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I see dosg is very popular right now, but we never know the continuation of meme coins. Doge coin and shib were once popular in their time and now seem to be struggling, that's how meme coins are. Personally, I prefer to invest in coins that have good projects and are used by users such as solana, BNB and TON. Not meme coins
You never can tell you know and we have not gotten the usual bull run we used to have back then where a project can do 10x in just one day. This is why I think Dogs hasn't make any moves yet and probably it's not as hype like the memes on Solana blockchain. If it were to be in Solana, if would be ahead of any meme coin on solana right now because there are gamblers on Solana chain looking for what to bet their money into.
I'm hoping the hype Solana memes has gotten this year and last year, I hope that Ton get the same hype. It's because of the demand of meme coins that made solana this valuable, I think Ton will make the same if the demands come to their ecosystem.
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You never can tell you know and we have not gotten the usual bull run we used to have back then where a project can do 10x in just one day. This is why I think Dogs hasn't make any moves yet and probably it's not as hype like the memes on Solana blockchain. If it were to be in Solana, if would be ahead of any meme coin on solana right now because there are gamblers on Solana chain looking for what to bet their money into.
I'm hoping the hype Solana memes has gotten this year and last year, I hope that Ton get the same hype. It's because of the demand of meme coins that made solana this valuable, I think Ton will make the same if the demands come to their ecosystem.
Solana is popular because of its meme coin, this is what makes solana always in the top 5 coins. I also see TON has the same potential, your hope is the same as mine, hopefully these two networks will provide good contribution for meme coins to hype this season.
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- Holding Solana is one of the things that can be said to be a good thing to do in the long term, and many people in our country are trying to accumulate it somehow because they see good potential in the future in terms of its price value in the market.
In fact, one of the trends that Solana can keep up with is the Ton blockchain, and honestly speaking, Ton is a bit better so far in its hype and trend now in the market, although they are also okay to handle in the future.
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- Holding Solana is one of the things that can be said to be a good thing to do in the long term, and many people in our country are trying to accumulate it somehow because they see good potential in the future in terms of its price value in the market.
In fact, one of the trends that Solana can keep up with is the Ton blockchain, and honestly speaking, Ton is a bit better so far in its hype and trend now in the market, although they are also okay to handle in the future.
TON is currently showing good progress with several meme coins showing great progress, unfortunately after dirv was arrested TON experienced a price drop. So I see solana still showing great progress, solana is still better than TON. That's my opinion.
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- Holding Solana is one of the things that can be said to be a good thing to do in the long term, and many people in our country are trying to accumulate it somehow because they see good potential in the future in terms of its price value in the market.
In fact, one of the trends that Solana can keep up with is the Ton blockchain, and honestly speaking, Ton is a bit better so far in its hype and trend now in the market, although they are also okay to handle in the future.
TON is currently showing good progress with several meme coins showing great progress, unfortunately after dirv was arrested TON experienced a price drop. So I see solana still showing great progress, solana is still better than TON. That's my opinion.
I think Solana has become increasingly popular especially in the run up to the US election. Crypto-friendly Trump continues to advance in the polls, but its value is likely to rise further. However, Trump seems to have fallen behind in recent Reuters polls.
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TON is currently showing good progress with several meme coins showing great progress, unfortunately after dirv was arrested TON experienced a price drop. So I see solana still showing great progress, solana is still better than TON. That's my opinion.
I think Solana has become increasingly popular especially in the run up to the US election. Crypto-friendly Trump continues to advance in the polls, but its value is likely to rise further. However, Trump seems to have fallen behind in recent Reuters polls.
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Solana is getting popular because of the many hype meme coins that use the solana network, and the crypto discussion is getting more popular because of the US presidential election. Trump is a presidential candidate who supports crypto, hopefully the US people will choose a president who can bring a better future for crypto.
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VanEck, 21shares, Joe Biden, Trump are all often mentioned to discuss Solana coins but the proof is that Solana is still as usual because there is no very rapid price spike. Maybe on a small scale the price of Solana coins tends to fall from 3 months ago because it follows the price of Bitcoin. If I am linked to the OP's assumption, it seems that for Solana coins it will definitely take a long time to be able to profit from holding Solana coins.
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VanEck, 21shares, Joe Biden, Trump are all often mentioned to discuss Solana coins but the proof is that Solana is still as usual because there is no very rapid price spike. Maybe on a small scale the price of Solana coins tends to fall from 3 months ago because it follows the price of Bitcoin. If I am linked to the OP's assumption, it seems that for Solana coins it will definitely take a long time to be able to profit from holding Solana coins.
I have made a profit from solana last month, so I think solana is still a potential coin. And many people have solana, I don't care about biden, trump etc because I don't care about what politicians say. I still have confidence that solana will have a high price next year.
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VanEck, 21shares, Joe Biden, Trump are all often mentioned to discuss Solana coins but the proof is that Solana is still as usual because there is no very rapid price spike. Maybe on a small scale the price of Solana coins tends to fall from 3 months ago because it follows the price of Bitcoin. If I am linked to the OP's assumption, it seems that for Solana coins it will definitely take a long time to be able to profit from holding Solana coins.
I have made a profit from solana last month, so I think solana is still a potential coin. And many people have solana, I don't care about biden, trump etc because I don't care about what politicians say. I still have confidence that solana will have a high price next year.
Yeah, politics shouldn't be the thing that drives the market the most - it's economics + the politics.
And then again, we won't know the facts needed to profit beforehand, only big hands will that info.
We will see only the aftermath of it on the market, and I too think that it's still viable to accumulate SOL in the long run.
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Yeah, politics shouldn't be the thing that drives the market the most - it's economics + the politics.
And then again, we won't know the facts needed to profit beforehand, only big hands will that info.
We will see only the aftermath of it on the market, and I too think that it's still viable to accumulate SOL in the long run.
This may not be 100% direct tea market drives. However, political conditions in large countries, especially those related to crypto, will sometimes have a significant effect on market conditions. Like it or not, we have to follow the flow like that. Because political events are often associated with crypto activities which are currently very big news.
However, there may be other factors that can counter or support market conditions like that. But sometimes, not all political conditions in a large country have a bad impact on crypto, there are also those that actually make crypto prices rise.
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It's a good idea for novice investors to think about several factors before investing in SOL. Bearing in mind that in the last few weeks the Sol network system has experienced problems, not to mention the approval from the American president which has yet to be issued. Because if we insist on saving large amounts of these coins, we have to consider the benefits what we will achieve or losses that we can bear. But there is no harm if you buy some of these coins with notes as I explained earlier.
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It's a good idea for novice investors to think about several factors before investing in SOL. Bearing in mind that in the last few weeks the Sol network system has experienced problems, not to mention the approval from the American president which has yet to be issued. Because if we insist on saving large amounts of these coins, we have to consider the benefits what we will achieve or losses that we can bear. But there is no harm if you buy some of these coins with notes as I explained earlier.
Yep, SOL is a reliable investment, in my opinion, if you are willing to hold it long enough.
It does have its problems, but who doesn't nowadays? At least they are trying to solve them and bring a bit of innovation to the table.
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It's a good idea for novice investors to think about several factors before investing in SOL. Bearing in mind that in the last few weeks the Sol network system has experienced problems, not to mention the approval from the American president which has yet to be issued. Because if we insist on saving large amounts of these coins, we have to consider the benefits what we will achieve or losses that we can bear. But there is no harm if you buy some of these coins with notes as I explained earlier.
Well, the Solana network had experienced several problems. but they can overcome them well. I personally believe in Solana's ability to do it and if you look at the development of the Solana project as a whole, with various features and products, I am sure that this coin is indeed potential. We know how the development of this one coin has been so far. Although currently it is still at a drop price, as experienced by other altcoins, the progress of the development of the altcoin itself is also quite good. Even SOL can compete with BNB, it had overtaken the place of BNB after ETH. but, BNB overtook it again. But what is certain is that SOL can currently be one of the alternative long-term holdings at least in preparation for the bullrun later. The price is currently around $ 150. even the increase is more than 16%, quite large compared to other top altcoins. https://www.coingecko.com/en/coins/solana
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It's a good idea for novice investors to think about several factors before investing in SOL. Bearing in mind that in the last few weeks the Sol network system has experienced problems, not to mention the approval from the American president which has yet to be issued. Because if we insist on saving large amounts of these coins, we have to consider the benefits what we will achieve or losses that we can bear. But there is no harm if you buy some of these coins with notes as I explained earlier.
Well, the Solana network had experienced several problems. but they can overcome them well. I personally believe in Solana's ability to do it and if you look at the development of the Solana project as a whole, with various features and products, I am sure that this coin is indeed potential. We know how the development of this one coin has been so far. Although currently it is still at a drop price, as experienced by other altcoins, the progress of the development of the altcoin itself is also quite good. Even SOL can compete with BNB, it had overtaken the place of BNB after ETH. but, BNB overtook it again. But what is certain is that SOL can currently be one of the alternative long-term holdings at least in preparation for the bullrun later. The price is currently around $ 150. even the increase is more than 16%, quite large compared to other top altcoins. https://www.coingecko.com/en/coins/solana
You seem pretty good at understanding SOL, what do you think about Firedancer, their future new validator client (as I remember)? Do you think it will make the chain better overall and your thoughts about it?
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It's a good idea for novice investors to think about several factors before investing in SOL. Bearing in mind that in the last few weeks the Sol network system has experienced problems, not to mention the approval from the American president which has yet to be issued. Because if we insist on saving large amounts of these coins, we have to consider the benefits what we will achieve or losses that we can bear. But there is no harm if you buy some of these coins with notes as I explained earlier.
Well, the Solana network had experienced several problems. but they can overcome them well. I personally believe in Solana's ability to do it and if you look at the development of the Solana project as a whole, with various features and products, I am sure that this coin is indeed potential. We know how the development of this one coin has been so far. Although currently it is still at a drop price, as experienced by other altcoins, the progress of the development of the altcoin itself is also quite good. Even SOL can compete with BNB, it had overtaken the place of BNB after ETH. but, BNB overtook it again. But what is certain is that SOL can currently be one of the alternative long-term holdings at least in preparation for the bullrun later. The price is currently around $ 150. even the increase is more than 16%, quite large compared to other top altcoins. https://www.coingecko.com/en/coins/solana
Solana has shown good progress even though in the past there was a network congestion when traffic was high, but we now see the solanan team has resolved this issue. I also hold solanan and plan to hold it until next year, because my solana sales target is $200
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Solana has shown good progress even though in the past there was a network congestion when traffic was high, but we now see the solanan team has resolved this issue. I also hold solanan and plan to hold it until next year, because my solana sales target is $200
There haven't been any additional outages from Sol for the past few months, and I hope that the Sol team has addressed the stability issues comprehensively. Regardless, despite the outages, SOL price still managed to rally during 2021 and in 2023-2024, suggesting that SOL price isn't heavily reliant on Sol blockchain's stability.
If you're truly a believer in Sol, holding SOL for targets above 200 USD is a viable strategy, considering the 2021 ATH of 250 USD. If Sol proves to have significant potential, institutional inflows could propel SOL price into the thousands this cycle.
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Solana has shown good progress even though in the past there was a network congestion when traffic was high, but we now see the solanan team has resolved this issue. I also hold solanan and plan to hold it until next year, because my solana sales target is $200
There haven't been any additional outages from Sol for the past few months, and I hope that the Sol team has addressed the stability issues comprehensively. Regardless, despite the outages, SOL price still managed to rally during 2021 and in 2023-2024, suggesting that SOL price isn't heavily reliant on Sol blockchain's stability.
If you're truly a believer in Sol, holding SOL for targets above 200 USD is a viable strategy, considering the 2021 ATH of 250 USD. If Sol proves to have significant potential, institutional inflows could propel SOL price into the thousands this cycle.
Yeah, I think the next Bull cycle will put SOL in a good position and it's a great opportunity to invest in it, for it to get to the ATH of 2021 or even a bit higher.
That is a great potential at stake.
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https://www.coindesk.com/news-analysis/2024/06/28/solana-etf-applications-look-like-bets-on-trump-retaking-white-house-making-us-friendlier-to-crypto/
As far as I know, as long as that good news to the Solana Coin for the Solana Coin is also good for hold, moreover this discusses the Solana Coin which is associated with Donald Trump's victory during the campaign later. But in my opinion the problem later after being elected Donald Trump when becoming a president because every human being has an unfavorable stance, for example:
- Maybe later Solana is not supported by Donald Trump
- Maybe later solana will also be the price of dump
- Solana was abandoned by investors
- Maybe later Solana experiences many problems in the development of the system
What is certain for investment and trading this Solana coin, the end is still Dwyor.
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https://www.coindesk.com/news-analysis/2024/06/28/solana-etf-applications-look-like-bets-on-trump-retaking-white-house-making-us-friendlier-to-crypto/
As far as I know, as long as that good news to the Solana Coin for the Solana Coin is also good for hold, moreover this discusses the Solana Coin which is associated with Donald Trump's victory during the campaign later. But in my opinion the problem later after being elected Donald Trump when becoming a president because every human being has an unfavorable stance, for example:
- Maybe later Solana is not supported by Donald Trump
- Maybe later solana will also be the price of dump
- Solana was abandoned by investors
- Maybe later Solana experiences many problems in the development of the system
What is certain for investment and trading this Solana coin, the end is still Dwyor.
I do agree. If you believe in SOL - you invest.
You have some skin in the game. You hope and see that SOL has the potential.
And then you just wait.
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Solana has shown good progress even though in the past there was a network congestion when traffic was high, but we now see the solanan team has resolved this issue. I also hold solanan and plan to hold it until next year, because my solana sales target is $200
There haven't been any additional outages from Sol for the past few months, and I hope that the Sol team has addressed the stability issues comprehensively. Regardless, despite the outages, SOL price still managed to rally during 2021 and in 2023-2024, suggesting that SOL price isn't heavily reliant on Sol blockchain's stability.
If you're truly a believer in Sol, holding SOL for targets above 200 USD is a viable strategy, considering the 2021 ATH of 250 USD. If Sol proves to have significant potential, institutional inflows could propel SOL price into the thousands this cycle.
It is true that Solana has not been able to reach ATH in 2021 but I see that Solana is still a potential coin and a price above $ 200 is still a reasonable target and the possibility can be achieved next year, so if we target ATH Solana will occur next year, according to observations of things That will happen. I also saw Solana competing with BNB, possibly if Solana could overtake BNB, we would see the price of Solana approaching ATH.
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It's a good idea for novice investors to think about several factors before investing in SOL. Bearing in mind that in the last few weeks the Sol network system has experienced problems, not to mention the approval from the American president which has yet to be issued. Because if we insist on saving large amounts of these coins, we have to consider the benefits what we will achieve or losses that we can bear. But there is no harm if you buy some of these coins with notes as I explained earlier.
Well, the Solana network had experienced several problems. but they can overcome them well. I personally believe in Solana's ability to do it and if you look at the development of the Solana project as a whole, with various features and products, I am sure that this coin is indeed potential. We know how the development of this one coin has been so far. Although currently it is still at a drop price, as experienced by other altcoins, the progress of the development of the altcoin itself is also quite good. Even SOL can compete with BNB, it had overtaken the place of BNB after ETH. but, BNB overtook it again. But what is certain is that SOL can currently be one of the alternative long-term holdings at least in preparation for the bullrun later. The price is currently around $ 150. even the increase is more than 16%, quite large compared to other top altcoins. https://www.coingecko.com/en/coins/solana
Solana is one of the best potential currency in cryptocurrency market. We also believe that gradually solana price will be increase. I also believe that solana can be competition with BNB.I also believe that one day solana will overtake BNB. Because i believe that within a short time solana price will reach in best position. We know that when bitcoin price will than all currency will be high. We also believe that when bitcoin price will be very high, then solana can overtake BNB. So i believe that holding in solana will be more profitable in future.
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Solana has shown good progress even though in the past there was a network congestion when traffic was high, but we now see the solanan team has resolved this issue. I also hold solanan and plan to hold it until next year, because my solana sales target is $200
There haven't been any additional outages from Sol for the past few months, and I hope that the Sol team has addressed the stability issues comprehensively. Regardless, despite the outages, SOL price still managed to rally during 2021 and in 2023-2024, suggesting that SOL price isn't heavily reliant on Sol blockchain's stability.
If you're truly a believer in Sol, holding SOL for targets above 200 USD is a viable strategy, considering the 2021 ATH of 250 USD. If Sol proves to have significant potential, institutional inflows could propel SOL price into the thousands this cycle.
It is true that Solana has not been able to reach ATH in 2021 but I see that Solana is still a potential coin and a price above $ 200 is still a reasonable target and the possibility can be achieved next year, so if we target ATH Solana will occur next year, according to observations of things That will happen. I also saw Solana competing with BNB, possibly if Solana could overtake BNB, we would see the price of Solana approaching ATH.
Does SOL really need to be seen as to overtake BNB, though?
I do think these are two different beasts, as any coins, really.
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Solana is one of the best potential currency in cryptocurrency market. We also believe that gradually solana price will be increase. I also believe that solana can be competition with BNB.I also believe that one day solana will overtake BNB. Because i believe that within a short time solana price will reach in best position. We know that when bitcoin price will than all currency will be high. We also believe that when bitcoin price will be very high, then solana can overtake BNB. So i believe that holding in solana will be more profitable in future.
Solana has overtaken BNB, dude. but BNB is back to take its place. it didn't happen overnight because the binance team must have taken steps to keep their coin back to its rank and not be defeated by other coins.
Solanan is a potential coin and will likely reach ATH again next year, we are all waiting for bitcoin's movement. If bitcoin's price goes up, it is likely that solana and other altcoins will go up.
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Solana is one of the best potential currency in cryptocurrency market. We also believe that gradually solana price will be increase. I also believe that solana can be competition with BNB.I also believe that one day solana will overtake BNB. Because i believe that within a short time solana price will reach in best position. We know that when bitcoin price will than all currency will be high. We also believe that when bitcoin price will be very high, then solana can overtake BNB. So i believe that holding in solana will be more profitable in future.
Solana has overtaken BNB, dude. but BNB is back to take its place. it didn't happen overnight because the binance team must have taken steps to keep their coin back to its rank and not be defeated by other coins.
Solanan is a potential coin and will likely reach ATH again next year, we are all waiting for bitcoin's movement. If bitcoin's price goes up, it is likely that solana and other altcoins will go up.
I would put it this way - what SOL is for as for what BNB is for?
I do think that SOL has more use cases and usability going for it, thus, it's no wonder why it should be considered as an investment option in the first place. We shall see how it performs when the BTC rally starts for real.
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Holding sOL could be profitable if Solana continues to innovate, expand its ecosystem and address any stability concerns. Long-term success will depend on competing with Ethereum and other blockchains, maintaining high user engagement, and responding effectively to regulatory and economic changes. For investors, SOL may offer potential, but like all cryptocurrencies, it carries risk and should be part of a diversified strategy.
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Holding sOL could be profitable if Solana continues to innovate, expand its ecosystem and address any stability concerns. Long-term success will depend on competing with Ethereum and other blockchains, maintaining high user engagement, and responding effectively to regulatory and economic changes. For investors, SOL may offer potential, but like all cryptocurrencies, it carries risk and should be part of a diversified strategy.
Currently I am still investing in solana for the short and medium term, I have not decided to hold this coin for the long term because I am still observing and analyzing whether solana will be strong for the long term like ethereum and BNB. Maybe after the bullish season next year I will see the progress of solana during the bearish season.
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Holding sOL could be profitable if Solana continues to innovate, expand its ecosystem and address any stability concerns. Long-term success will depend on competing with Ethereum and other blockchains, maintaining high user engagement, and responding effectively to regulatory and economic changes. For investors, SOL may offer potential, but like all cryptocurrencies, it carries risk and should be part of a diversified strategy.
Currently I am still investing in solana for the short and medium term, I have not decided to hold this coin for the long term because I am still observing and analyzing whether solana will be strong for the long term like ethereum and BNB. Maybe after the bullish season next year I will see the progress of solana during the bearish season.
The price movement of SOL is indeed so fast, even when the price of BTC is rising, it turns out that the price of SOL has also increased by more than 20%, I'm a bit surprised, because last night it seemed quite difficult to get out of the rate of $ 160- $ 177. and now it has gone up drastically. but indeed Solana is that good, the development of the project is unquestionable, and their team is also that serious about developing this project. not only about the blockchain network and SOL coin, but there are several features and products from Solana that continue to develop. that's why many investors believe that this coin can be that advanced in the future.
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Currently I am still investing in solana for the short and medium term, I have not decided to hold this coin for the long term because I am still observing and analyzing whether solana will be strong for the long term like ethereum and BNB. Maybe after the bullish season next year I will see the progress of solana during the bearish season.
We are in the bullrun season, we also almost reaches the peak of bullrun season. It is the right way if you don't try to hold it for a long time. It is advisable to sell your coins as long as we are in bullrun season, including your Solana. I think it also applies to other coins such as ETH, BNB, ADA, and other coins. So far, Solana price looks good enough, it is the chance to get good profits. If we want to buy Solana again, we can wait for the bearish season.
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Solana has overtaken BNB, dude. but BNB is back to take its place. it didn't happen overnight because the binance team must have taken steps to keep their coin back to its rank and not be defeated by other coins.
Solanan is a potential coin and will likely reach ATH again next year, we are all waiting for bitcoin's movement. If bitcoin's price goes up, it is likely that solana and other altcoins will go up.
The trade of Solana and BNB still compares in the market development and demonstrates the corresponding tactics. The Binance team is doing an excellent job to contain BNB as it stands, Solana is still a coin with growth potential if of course, bitcoin goes up again. Regarding Solana and other altcoins, its shifts will influence its value significantly; therefore, we need constantly analyze market trends.
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Currently I am still investing in solana for the short and medium term, I have not decided to hold this coin for the long term because I am still observing and analyzing whether solana will be strong for the long term like ethereum and BNB. Maybe after the bullish season next year I will see the progress of solana during the bearish season.
We are in the bullrun season, we also almost reaches the peak of bullrun season. It is the right way if you don't try to hold it for a long time. It is advisable to sell your coins as long as we are in bullrun season, including your Solana. I think it also applies to other coins such as ETH, BNB, ADA, and other coins. So far, Solana price looks good enough, it is the chance to get good profits. If we want to buy Solana again, we can wait for the bearish season.
The bullrun season is the time to make the most of the profits because it is almost a rally that we see all the coins are at their peak, if you buy now, all you have to do is analyze whether it will go up again or decline.
When you have passed the bullrun then comes the bearish period, usually the coin will fall deeper, maybe that's the right time to buy again.
However, the bearish season is still long, for now Solana is too high.
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The bullrun season is the time to make the most of the profits because it is almost a rally that we see all the coins are at their peak, if you buy now, all you have to do is analyze whether it will go up again or decline.
When you have passed the bullrun then comes the bearish period, usually the coin will fall deeper, maybe that's the right time to buy again.
However, the bearish season is still long, for now Solana is too high.
It's really worth it, yes, Solana is that good. Right now, SOL has taken over BNB's position in the coin market cap. This coin has risen quite rapidly, and it seems really worth it to prepare for the bullrun later. I don't know if the price will double again, but I'm sure the increase will continue. And when the correction occurs, it might become one of the coins whose development can be monitored again.
Now SOL price is around $206, and the increase is around more than 26% in 7 days. So, I'm sure that this coin will increase again following the flow of Bitcoin price, too.
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(https://www.talkimg.com/images/2024/11/11/bYNUo.png)
The community of Solana coin is very strong and so many that I see that Solana can provide profit in the next few months, I am sure this is because many members say that it is currently entering the Bull Run Season phase.
I also saw that on Coinmarketcap the most famous "Trending on Dexscan" column is Solana's DEX and the top trending is NVIDIA/SOL, this proves that Solana coin can still provide profit to those who invest in Solana coin. Are there any other members on this forum who doubt that Solana coin (at this time) cannot generate profits?
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Now SOL price is around $206, and the increase is around more than 26% in 7 days. So, I'm sure that this coin will increase again following the flow of Bitcoin price, too.
That means about 11 days from this post, SOL price is now at $254, just a little bit more until SOL passes its ATH and I think, I am sure that SOL will do it soon. Seeing how the process and progress of Solana, it is really growing very fast. There are no obstacles for Solana's path so far. That's why this one coin is rising very fast and moreover has been able to overtake BNB's position in the top 4 coin market cap.
I also saw that on Coinmarketcap the most famous "Trending on Dexscan" column is Solana's DEX and the top trending is NVIDIA/SOL, this proves that Solana coin can still provide profit to those who invest in Solana coin. Are there any other members on this forum who doubt that Solana coin (at this time) cannot generate profits?
Yes, so far Solana has the highest market cap and has made more and more DEXs use the Solana network. Oh yeah, that's also why Solana's market cap has increased drastically until it could rise to 4th place. and of course this will also affect the movement of SOL prices, and it has been proven, SOL will soon surpass ATH and will print a comeback. There are some predictions that state that the SOL target must at least exceed $500. But, predictions are predictions, let's wait and make some plans for it.
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The bullrun season is the time to make the most of the profits because it is almost a rally that we see all the coins are at their peak, if you buy now, all you have to do is analyze whether it will go up again or decline.
When you have passed the bullrun then comes the bearish period, usually the coin will fall deeper, maybe that's the right time to buy again.
However, the bearish season is still long, for now Solana is too high.
It's really worth it, yes, Solana is that good. Right now, SOL has taken over BNB's position in the coin market cap. This coin has risen quite rapidly, and it seems really worth it to prepare for the bullrun later. I don't know if the price will double again, but I'm sure the increase will continue. And when the correction occurs, it might become one of the coins whose development can be monitored again.
Now SOL price is around $206, and the increase is around more than 26% in 7 days. So, I'm sure that this coin will increase again following the flow of Bitcoin price, too.
Solana is currently quite popular and is being targeted by investors, the price of solana has reached ATH and I did not buy solana to add to my coin collection because the price was too high. Maybe later if there is a correction I will consider buying solana. I am still analyzing and observing several potential altcoins that I will buy when the market experiences a correction.
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Solana is currently quite popular and is being targeted by investors, the price of solana has reached ATH and I did not buy solana to add to my coin collection because the price was too high. Maybe later if there is a correction I will consider buying solana. I am still analyzing and observing several potential altcoins that I will buy when the market experiences a correction.
Solana has thereby succeeded in grabbing the attention of investors due to its performances and achieving more high prices. It makes good economic sense to try to make the most out of what may well become the profit in times of correction. To maintain a good balance and get better diversification in the portfolio it is useful to observe the updates in the market and analyse other altcoins with a high potential. Steady approach and slow thinking help achieve the best outcomes when choosing investments and utilising digital assets.
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Yes, so far Solana has the highest market cap and has made more and more DEXs use the Solana network. Oh yeah, that's also why Solana's market cap has increased drastically until it could rise to 4th place. and of course this will also affect the movement of SOL prices, and it has been proven, SOL will soon surpass ATH and will print a comeback. There are some predictions that state that the SOL target must at least exceed $500. But, predictions are predictions, let's wait and make some plans for it.
$500 is a price that is still quite reasonable with Solana's development getting better.
Now SOLANA is also very hype with memecoins that continue to be traded and hundreds of thousands of memecoins appearing every day, this makes the DEX on Solana even more crowded and the trading volume is getting higher.
The dominance of traders is now focused on trading solana memecoins, this hype started when MURAD as Bitcoin Maxi moved to memecoins and some of them held Solana network memecoins.
I am also sure that SOLANA will not stop at this ATH, but there will be a higher ATH and this is still in the process and the bullish altseason will arrive soon.
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(https://www.talkimg.com/images/2024/11/11/bYNUo.png)
The community of Solana coin is very strong and so many that I see that Solana can provide profit in the next few months, I am sure this is because many members say that it is currently entering the Bull Run Season phase.
I also saw that on Coinmarketcap the most famous "Trending on Dexscan" column is Solana's DEX and the top trending is NVIDIA/SOL, this proves that Solana coin can still provide profit to those who invest in Solana coin. Are there any other members on this forum who doubt that Solana coin (at this time) cannot generate profits?
You know, there are actually a lot of communities in the crypto space field that are really looking for potential altcoins in Solana and even meme coins under Sol network. Because we have seen a lot of meme coins, most of which have actually exploded under Sol network.
And take note, their coinmarketcap is no joke either because it is also big, while others have already accumulated a lot of trading volume
in the coin itself in just a few days.
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Now SOL price is around $206, and the increase is around more than 26% in 7 days. So, I'm sure that this coin will increase again following the flow of Bitcoin price, too.
That means about 11 days from this post, SOL price is now at $254, just a little bit more until SOL passes its ATH and I think, I am sure that SOL will do it soon. Seeing how the process and progress of Solana, it is really growing very fast. There are no obstacles for Solana's path so far. That's why this one coin is rising very fast and moreover has been able to overtake BNB's position in the top 4 coin market cap.
It is undeniable that the development of Solana's price can really increase rapidly. If viewed in 1 month, then Solana's increase is even more than $ 40, of course there will be a market drop, but it is in a very reasonable price range. and now, with its position in the top 4 and with a price of $ 242 to $ 246, it is very clear that this coin is indeed very potential for its increase and can even go up again beyond ATH SOL.
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If we have the privilege of holding Solana, then we should try as much as possible to ensure we do so because time and chance may not permit us further, that may be the only opportunity we have as the market is more pumping like never before in this bull season, we have to be more efficient on what to invest and the appropriate time to do so, if we can buy and hold when it dips, it will be more profitable for us.
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If you're holding Solana, by now you should be lucky, because it has always been rising, if we are to consider some of the coins that made it together with bitcoin pumping, then Solana is not going to be left out at all, this is why it's more important that we should invest earlier when the market is dip and hold till it pumps, not only that, we must make the best of the choice in what we are considering for an investment.
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If you're holding Solana, by now you should be lucky, because it has always been rising, if we are to consider some of the coins that made it together with bitcoin pumping, then Solana is not going to be left out at all, this is why it's more important that we should invest earlier when the market is dip and hold till it pumps, not only that, we must make the best of the choice in what we are considering for an investment.
yeah solana is a potential coin and as a top coin we see solana always follows the movement of bitcoin price even has reached ATH before other top coins.
I have solana in the wallet and I target to sell solana when it reaches $ 300 and will sell gradually while seeing the opportunity for its increase in the market.
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We are currently in a bull run and many top altcoins will be able to keep up with the rally of bitcoin in the market, particularly Solana which is in the top 4 ranking in the market now, in which it is clear to us that if we invest now we will have a profit to get in the whole bull season.
So as long as we still have time and opportunity to save, it is good to take advantage of it rather than when the price rises, we will buy Solana right then and there, which will be difficult for us to catch up because it has already taken off. So, while the take-off of Solana's price has not yet progressed, buy now while there is still time.
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We are currently in a bull run and many top altcoins will be able to keep up with the rally of bitcoin in the market, particularly Solana which is in the top 4 ranking in the market now, in which it is clear to us that if we invest now we will have a profit to get in the whole bull season.
So as long as we still have time and opportunity to save, it is good to take advantage of it rather than when the price rises, we will buy Solana right then and there, which will be difficult for us to catch up because it has already taken off. So, while the take-off of Solana's price has not yet progressed, buy now while there is still time.
Currently solana is in the fifth position because XRP managed to overtake solana in the 4th position, this is a good competition in the top coins.
so it is better to have top coins especially top 10 coins because next year there will definitely be interesting competition during the bullish season.
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We are currently in a bull run and many top altcoins will be able to keep up with the rally of bitcoin in the market, particularly Solana which is in the top 4 ranking in the market now, in which it is clear to us that if we invest now we will have a profit to get in the whole bull season.
So as long as we still have time and opportunity to save, it is good to take advantage of it rather than when the price rises, we will buy Solana right then and there, which will be difficult for us to catch up because it has already taken off. So, while the take-off of Solana's price has not yet progressed, buy now while there is still time.
Currently solana is in the fifth position because XRP managed to overtake solana in the 4th position, this is a good competition in the top coins.
so it is better to have top coins especially top 10 coins because next year there will definitely be interesting competition during the bullish season.
Actually, there is no doubt that choosing the top 10 coins is the best choice to hold until the latest ATH point, but behind it, to achieve that, patience is needed, it is true that it is never too late to add coins to your wallet, even though the bitcoin rally is running, the possibility for altcoins is still wide open
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Actually, there is no doubt that choosing the top 10 coins is the best choice to hold until the latest ATH point, but behind it, to achieve that, patience is needed, it is true that it is never too late to add coins to your wallet, even though the bitcoin rally is running, the possibility for altcoins is still wide open
Yes, when we talk about investment, especially for long time or to prepare for ATH later, what is most certain is that we choose top coins. Because after all, top coins usually have high potential and they also have a high market. so we have high chances of being able to rise and we get profits that are in line with our respective targets.
But it's not guaranteed, so let's just be patient and wait for the price progress of each coin. as long as we are still or have made a profit, that is actually quite enough for us. when it is at the peak of bullishness or the peak of altcoin season later. but at what number we will take profit. Yes, it will probably depend on each individual's decision because usually we have our own target. and here because it is related to Solana, I think Solana also has a very high chance of surpassing ATH. and indeed, patience is one of crucial keys.
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Currently solana is in the fifth position because XRP managed to overtake solana in the 4th position, this is a good competition in the top coins.
so it is better to have top coins especially top 10 coins because next year there will definitely be interesting competition during the bullish season.
We will see new coins coming up and newly lunched coins finding their way into the market under different blockchains. It’s very important to know the coins to invest into in order not to feel retarded and regretful of now taking some steps at a time when you had the opportunity to.
Solana is amongst the top rated coins in the CoinGecko market right now. So it shows a very good potential of investing in it for the bull run. Solana is a coin I’ve always loved to hold for the long term because of its potential and quality it possesses amongst many other coins. I would rather pick to invest in it than chose other memecoins that are lunched under its chain which they cannot be dependent on like the primary coin.
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Solana is amongst the top rated coins in the CoinGecko market right now. So it shows a very good potential of investing in it for the bull run. Solana is a coin I’ve always loved to hold for the long term because of its potential and quality it possesses amongst many other coins. I would rather pick to invest in it than chose other memecoins that are lunched under its chain which they cannot be dependent on like the primary coin.
Don't even try to profit on memecoins if you don't have a long experience, because I myself experienced where I lost a lot on memecoins due to fomo watching other people.
Of course the experience becomes valuable and will not jump into memecoin with a lot of money, enough defeat first and do not want to happen again.
I still have some Solana for DEX needs because I see so many DEX projects to get airdrops in the future.
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Solana is amongst the top rated coins in the CoinGecko market right now. So it shows a very good potential of investing in it for the bull run. Solana is a coin I’ve always loved to hold for the long term because of its potential and quality it possesses amongst many other coins. I would rather pick to invest in it than chose other memecoins that are lunched under its chain which they cannot be dependent on like the primary coin.
Don't even try to profit on memecoins if you don't have a long experience, because I myself experienced where I lost a lot on memecoins due to fomo watching other people.
Of course the experience becomes valuable and will not jump into memecoin with a lot of money, enough defeat first and do not want to happen again.
I still have some Solana for DEX needs because I see so many DEX projects to get airdrops in the future.
I also have the same experience as you, in the past I once invested in mem coin and experienced losses because I followed friends who played there. because of the lack of experience, it made me lose a lot, I even invested in shitcoin and finally experienced quite a large loss.
from that experience made me stay away from coins like that and I prefer to invest in top coins.
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The market for solana and other cryptocurrency is extremely volatile. Prices can fluctuate rapidly which is risky for investors. So to have the best experience of buying at the right time and selling at the right time. But solona is fast becoming popular and used for multiple defi, nft and gaming platforms. Businesses and developers are already adopting the solana blockchain due to its fast transactions and low fees. Solona coin will get a lot of hype this year as it happened with toncoin. If you want to invest in it then you should invest by researching and considering the market conditions.
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The market for solana and other cryptocurrency is extremely volatile. Prices can fluctuate rapidly which is risky for investors. So to have the best experience of buying at the right time and selling at the right time. But solona is fast becoming popular and used for multiple defi, nft and gaming platforms. Businesses and developers are already adopting the solana blockchain due to its fast transactions and low fees. Solona coin will get a lot of hype this year as it happened with toncoin. If you want to invest in it then you should invest by researching and considering the market conditions.
because the crypto market is very volatile do research before buying. And Soalna is a potential coin to buy because this coin has become a top 5 coin and has successfully overtaken BNB.
Buy when the price is still low, as many people say investing is finding the right time to buy and sell.
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With talks about a possible Solana ETF, there’s a chance the price could rise, especially if we see a strong bull market. Long-term holding might pay off if everything aligns, but it’s not guaranteed.
That said, I’m cautious. Solana’s network issues in the past make me wonder if it can handle increased demand. Plus, if the ETF doesn’t get approved, the price might drop quickly.
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Now that the ownership of Bitcoin from Germany has run out, Bitcoin should have started to enter the recovery period and followed by other coins, the risk of Bitcoin's decline has been reduced, now it's just waiting for mtgox to complete the distribution after that nothing else can make Bitcoin go down unless us sell all the Bitcoin they have and hopefully there is no negative news about Bitcoin.
Solana has been doing quite well for a long time now however I think hodling needs to be very strategic with something like Solana and that's mainly because of it's volatile nature. Like I always say , one of the main reason why Solana price movement is quick and nice for most altcoiners is because of the numerous meme coins on the network.
Solana has a quite huge liquidity and that's why people kind of trust the network. Take for example tokens listed on solana , they mostly need solana too before we can purchase them.
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Actually, there is no doubt that choosing the top 10 coins is the best choice to hold until the latest ATH point, but behind it, to achieve that, patience is needed, it is true that it is never too late to add coins to your wallet, even though the bitcoin rally is running, the possibility for altcoins is still wide open
After the BTC rally, there is always an alt rally at the end of the bullish last leg of Bitcoin. And then it clicks to you that we are not at that point of time just yet.
;)
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Currently solana is in the fifth position because XRP managed to overtake solana in the 4th position, this is a good competition in the top coins.
so it is better to have top coins especially top 10 coins because next year there will definitely be interesting competition during the bullish season.
Solana's position in the coin market cap is quite volatile. Sometimes Solana can surpass BNB and take over the position in the 5th position, but sometimes it can also quickly drop to the 6th position. Usually, when the market really drops, Solana's position will also drop below BNB, and when it goes up, it will replace BNB's position again. It's just that for now, BNB has also started to be more serious with its development because the tight competition with SOL is also one of the triggers. Moreover, they have also been successfully overtaken by XRP which has skyrocketed so sharply and quickly.
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Currently solana is in the fifth position because XRP managed to overtake solana in the 4th position, this is a good competition in the top coins.
so it is better to have top coins especially top 10 coins because next year there will definitely be interesting competition during the bullish season.
Solana's position in the coin market cap is quite volatile. Sometimes Solana can surpass BNB and take over the position in the 5th position, but sometimes it can also quickly drop to the 6th position. Usually, when the market really drops, Solana's position will also drop below BNB, and when it goes up, it will replace BNB's position again. It's just that for now, BNB has also started to be more serious with its development because the tight competition with SOL is also one of the triggers. Moreover, they have also been successfully overtaken by XRP which has skyrocketed so sharply and quickly.
Solana and BNB always have a tsing to fight for the top5 coin position, currently BNB is above Solana, BNB Rank number 5 and Solana Rank 6. Binance Team seems to focus on keeping BNB back to position 5 and the results can be seen at this time. But we should have two coins besides Bitcoin, XRP and Tons. Because this coin coin is very potential.
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So do you think the approval of the ETF was due to influence over the winner of the current election? Because Donald Trump supports crypto so this is a reference for you to solana ETF approved?
I'm not so sure, but still Trump has no control over this, right?
So as HODLing will it be beneficial for Solana? It's clear that when the bullishness comes, the solana price could increase again.
Many of us knew that before the US election the Bitcoin and Etheruem ETF has been approved by SEC, but not sure if it was influence by President Biden because he never welcomed Cryptocurrency.
Now, as it is obvious that Donald Trump is a crypto friendly president elect, it is yet to be determined if the approval of the proposed Solana ETF will be influenced by him or no.
I think that Solana ETF will pass through the same registration procedures to get approval by the SEC, though processes may be a little easy for Solana team since the incoming SEC chairman is familiar with Cryptocurrency ecosystem.
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Solana's position in the coin market cap is quite volatile. Sometimes Solana can surpass BNB and take over the position in the 5th position, but sometimes it can also quickly drop to the 6th position. Usually, when the market really drops, Solana's position will also drop below BNB, and when it goes up, it will replace BNB's position again. It's just that for now, BNB has also started to be more serious with its development because the tight competition with SOL is also one of the triggers. Moreover, they have also been successfully overtaken by XRP which has skyrocketed so sharply and quickly.
Solana and BNB always have a tsing to fight for the top5 coin position, currently BNB is above Solana, BNB Rank number 5 and Solana Rank 6. Binance Team seems to focus on keeping BNB back to position 5 and the results can be seen at this time. But we should have two coins besides Bitcoin, XRP and Tons. Because this coin coin is very potential.
The position seems to have indeed changed. and what is of concern is that the Solana market cap has fallen quite drastically during this market correction. Usually it is at a figure of more than $ 100B, but now it is only around $ 90B. if BNB is still above 100. This also indicates a significant decline. it's just understandable if you look at how the crypto market is right now.
Yes, you can only be patient, because after all, the market is always rotating and changing. There are times when there is a correction, either normal or even very severe like what has been happening lately, but there are also those that are only short-lived. and then, it will all pump back in its place.
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Crazy!!! Thanks to the TRUMP meme on the solana network, SOL is now experiencing a different surge than other coins that have experienced a decline - currently SOL is above $255 as it looks like it will return to its ATH peak.
Is anyone still HOLD SOL at this time? Well at the moment some have been sold but it might go up because of this TRUMP meme.
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Crazy!!! Thanks to the TRUMP meme on the solana network, SOL is now experiencing a different surge than other coins that have experienced a decline - currently SOL is above $255 as it looks like it will return to its ATH peak.
Is anyone still HOLD SOL at this time? Well at the moment some have been sold but it might go up because of this TRUMP meme.
Solana's market cap also increased drastically. And this time Solana rose again, taking over BNB's position at number 5. The increase in its market cap was also very significant. Currently, it is $123.22B. And even its price immediately soared to $253. Wow, it rose more than 16%. I only have a few SOs, and I'm thankful for that, unfortunately I got into SOL so late.
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Crazy!!! Thanks to the TRUMP meme on the solana network, SOL is now experiencing a different surge than other coins that have experienced a decline - currently SOL is above $255 as it looks like it will return to its ATH peak.
Is anyone still HOLD SOL at this time? Well at the moment some have been sold but it might go up because of this TRUMP meme.
I see because of the Trump meme coin surge, the solana network is getting more popular and the solana coin price is soaring. I am still holding solana, it seems like solana will reach its ATH.
we must always be able to find opportunities from every hype event in order to gain profit.
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Crazy!!! Thanks to the TRUMP meme on the solana network, SOL is now experiencing a different surge than other coins that have experienced a decline - currently SOL is above $255 as it looks like it will return to its ATH peak.
Is anyone still HOLD SOL at this time? Well at the moment some have been sold but it might go up because of this TRUMP meme.
I see because of the Trump meme coin surge, the solana network is getting more popular and the solana coin price is soaring. I am still holding solana, it seems like solana will reach its ATH.
we must always be able to find opportunities from every hype event in order to gain profit.
Solana is also a best profitable crypto in cryptocurrency market. I think that gradually Solana price will increase gradually in cryptocurrency market. We also know that Solana network is also very popular in this time. We also know that bitcoin price is increase gradually in cryptocurrency market. So we should understand when bitcoin price will increase, then all crypto users price must be increase. If we follow in cryptocurrency market, we can see that bitcoin is now $105k up in this time. So I think that within a short time we can see a ATH in Solana.
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Crazy!!! Thanks to the TRUMP meme on the solana network, SOL is now experiencing a different surge than other coins that have experienced a decline - currently SOL is above $255 as it looks like it will return to its ATH peak.
Is anyone still HOLD SOL at this time? Well at the moment some have been sold but it might go up because of this TRUMP meme.
I see because of the Trump meme coin surge, the solana network is getting more popular and the solana coin price is soaring. I am still holding solana, it seems like solana will reach its ATH.
we must always be able to find opportunities from every hype event in order to gain profit.
More to see for sure!
BTC isn't on its last bullish leg, and we already see such prices on SOL.
Nothing would stop it from breaching bigger ATH in the future;, just you wait.
;)
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Crazy!!! Thanks to the TRUMP meme on the solana network, SOL is now experiencing a different surge than other coins that have experienced a decline - currently SOL is above $255 as it looks like it will return to its ATH peak.
Is anyone still HOLD SOL at this time? Well at the moment some have been sold but it might go up because of this TRUMP meme.
I see because of the Trump meme coin surge, the solana network is getting more popular and the solana coin price is soaring. I am still holding solana, it seems like solana will reach its ATH.
we must always be able to find opportunities from every hype event in order to gain profit.
More to see for sure!
BTC isn't on its last bullish leg, and we already see such prices on SOL.
Nothing would stop it from breaching bigger ATH in the future;, just you wait.
;)
You may have to wait some more time to start the waves. Bearish tempts me to run more buy and hold for long.
Surely you need to know patiance and holding for high bubbles.
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Just relax and think years for this coin.
years means at least 25 months but frankly holding for 52 months is what you should try for this coin
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You may have to wait some more time to start the waves. Bearish tempts me to run more buy and hold for long.
Surely you need to know patiance and holding for high bubbles.
Strong hand, being more and more patient, is part of the key factors that are very important in Bitcoin holding. Because if not, then it will be very easy to be carried away by price changes in the market and this will actually make holders become much more panicked than usual.
Therefore, stay calm and remain firm in our stance that our goal is to hold that BTC for the long term, to reach the special price that we have targeted. So, we will not be that easy to become unstable and in the end it will actually harm us because we are known for panic attacks.
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I see because of the Trump meme coin surge, the solana network is getting more popular and the solana coin price is soaring. I am still holding solana, it seems like solana will reach its ATH.
we must always be able to find opportunities from every hype event in order to gain profit.
One of the most frequently made mistakes is to add the answer to the will sol hit coming days. It doesn't work because it's a human and intuitive response but not correct. Solana SOL will hit the height of all time if it completes its bullish chart pattern. Solona will still need to confirm his action at ATH. There is no breakout until there is a breakout in AHT. Solana extends its development by providing great features. Moreover, many new projects are coming to the market by taking support from solona coin, so investors are also increasing. If everything is moving properly then solona coin will pump better in the days ahead.
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You may have to wait some more time to start the waves. Bearish tempts me to run more buy and hold for long.
Surely you need to know patiance and holding for high bubbles.
Strong hand, being more and more patient, is part of the key factors that are very important in Bitcoin holding. Because if not, then it will be very easy to be carried away by price changes in the market and this will actually make holders become much more panicked than usual.
Therefore, stay calm and remain firm in our stance that our goal is to hold that BTC for the long term, to reach the special price that we have targeted. So, we will not be that easy to become unstable and in the end it will actually harm us because we are known for panic attacks.
becoming a long-term holder does require patience and staying calm when the market is corrected. And as many people suggest, this requires a few funds to do so because it is not easy to become a long-term holder if you do not have free capital.
There are many things that can be done to get capital in crypto by participating in events that provide rewards to participants, such as airdrops and bounty campaigns.