Is Solana coin a good investment?

[dekafee79]

With all being said, Solana has become one of the most lucrative and most dominance Cryptocurrencies of which it has built its blockchain on a decentralized technology and on a low cost of transaction fees. It has also got its uniqueness from Bitcoin and the ethereum.

Yes, it looks like Solana Dev has had a good breakthrough, so it is as popular now as an alternative network, because of Ethereum's high gas fees. Solana will be a competitor to ethereum in the future, this is something we must understand to start collecting solana, because it will be more expensive in the future.

[Metha Wulandarin]

For Asian markets I only use Bybit, Binance and Kucoin, but I don't store Solana tokens in all those markets, I store Solana in my personal wallet like phantom or solflare, the Solana tokens I have are used as farmer points on the sactum and meteora platforms.

The exchange you mentioned has a good reputation, binance bybit kucoin. I also use it and so far it is safe. I agree with you that it's best not to store large amounts of coins for a long time, it's best to keep them in a personal wallet. because we don't know the sustainability of these exchanges, but I think so far the three exchanges are safe.

Yes, you are right, and also to avoid the loss of tokens that we have, if we have coins and are deleted by the market then we will lose the coins if we do not immediately withdraw within the time limit set by the market.
If we store our coins in a private wallet, it is more secure as long as we do not interact with the web or connect our wallet to any website.
That's why I've always done that for wallets that are specialized for storing coins that are intended for a long time such as investing in the long term.

In my opinion, exchange wallets are suitable for trading and medium term, but if you plan to hold for the long term, it is better to use a private wallet. This is safer and keeps you away from websites that spread phishing. Moreover, those who join the airdrop should create a new wallet and not connect it to our main asset.

Yes, that is the best way, the important thing is that if we store assets in a private wallet, do not forget the phrase or private key and do not interact with any website.
Scammers are now getting smarter and there are more and more ways to get the phrase or private key with just the clipboard in the browser.
Yesterday, many people were talking about the case of a person's wallet balance being depleted because he turned on the clipboard suit in the browser.
So stay safe and be careful every time you interact with a website or whatever it is.

[Gurujebs]

Yes, it looks like Solana Dev has had a good breakthrough, so it is as popular now as an alternative network, because of Ethereum's high gas fees. Solana will be a competitor to ethereum in the future, this is something we must understand to start collecting solana, because it will be more expensive in the future.

I'm seeing Solana now like it's doing some moves like Ethereum was doing back then before it blew to 4k it did in the last bull run. If you look at Solana now, there is much activities even though many of them looks like scam but I'm seeing it like ICO time too the way worthless projects were launched on Ethereum.

The price has been stable when Bitcoin is dumping, the whales are holding price and doesn't want to see it go below $100, if the dev can put more commitment and development on the project, many more liquidity will comes to Solana and it will be force to grow like Ethereum.

[JISAN]

With all being said, Solana has become one of the most lucrative and most dominance Cryptocurrencies of which it has built its blockchain on a decentralized technology and on a low cost of transaction fees. It has also got its uniqueness from Bitcoin and the ethereum.

Yes, it looks like Solana Dev has had a good breakthrough, so it is as popular now as an alternative network, because of Ethereum's high gas fees. Solana will be a competitor to ethereum in the future, this is something we must understand to start collecting solana, because it will be more expensive in the future.

Due to the high gas fee of Ethereum meinet, people started using alternative chain since long ago. SOL is now a very popular coin and the use of their chain has increased a lot, but the base chain of ETH is now starting to be active again. And base is now more widely used.  Which may annoy sol and BSC a bit.  But investing in or wanting to invest in SOL is not a bad plan.

[NikeFit_7777]

VanEck has filed a form for Solana Trust. Matthew Sigel We are convinced - Solana is a "commodity", so VanEck has filed a form to launch the first US Solana ETF. SOL reacts positively to such news, the price flew to $148.

P.S. Are there any SOL holders here?

Link to source: https://x.com/matthew_sigel/status/1806313241431138434

[bounceback]

Interested with Solana coins investing or trading after significant dropping last two days ago under 122$, today Solana success break out higher price more than 30% after raising up to 150$. I can't believing how faster raising up of Solana coins price and seems more profitable or faster movement than other coins.
Little disappointed with my investing in solana coins last several weeks ago bought Solana coins price around $164 and have been holder around three weeks ago, hope can return back to higher price and take good moment to buy Solana when making correction price again.

[doc]

Interested with Solana coins investing or trading after significant dropping last two days ago under 122$, today Solana success break out higher price more than 30% after raising up to 150$. I can't believing how faster raising up of Solana coins price and seems more profitable or faster movement than other coins.
Little disappointed with my investing in solana coins last several weeks ago bought Solana coins price around $164 and have been holder around three weeks ago, hope can return back to higher price and take good moment to buy Solana when making correction price again.

Solana is a coin with potential, if you want to buy it is best to wait for a correction. Currently the market is experiencing a correction because the price of bitcoin has decreased currently the price of bitcoin is $60K, this is very good for buying some potential coins for collection.

[Gurujebs]

Solana is a coin with potential, if you want to buy it is best to wait for a correction. Currently the market is experiencing a correction because the price of bitcoin has decreased currently the price of bitcoin is $60K, this is very good for buying some potential coins for collection.

The approved call isn't allowing it to make correction. I was anticipating to see it below $110 when Bitcoin was dragged down due to the Mt.gox news of rolling out some Bitcoin to customers but Sol refuse to come down a little. Maybe the insider has heard about the Solana ETF filling and they were strongly buying. They bought most of the dip around $120 and now it is strongly above $140 but this might just be like Ethereum hype, it will soon fade away by that news and we can buy below that range I'm expecting to see it.

[armanda90]

Solana is a coin with potential, if you want to buy it is best to wait for a correction. Currently the market is experiencing a correction because the price of bitcoin has decreased currently the price of bitcoin is $60K, this is very good for buying some potential coins for collection.

The approved call isn't allowing it to make correction. I was anticipating to see it below $110 when Bitcoin was dragged down due to the Mt.gox news of rolling out some Bitcoin to customers but Sol refuse to come down a little. Maybe the insider has heard about the Solana ETF filling and they were strongly buying. They bought most of the dip around $120 and now it is strongly above $140 but this might just be like Ethereum hype, it will soon fade away by that news and we can buy below that range I'm expecting to see it.

I think difference happening for Solana not refuse reach to the higher price after ETF approval issues without bad news or rumor sharing by Mt.Gox for refunding BTC to their member.
Its problem make some coins drop drastically when raising the higher price or uptrend moment, when Mt.Gox sharing their bad news about refund fund without is true or not but bitcoin get large correction and make Sol denied reach above $150 and return back around $140. Still waiting when Solana coins reach to the higher price again and break above $170 after several weeks ago keep in the lower price.

[Metha Wulandarin]

Interested with Solana coins investing or trading after significant dropping last two days ago under 122$, today Solana success break out higher price more than 30% after raising up to 150$. I can't believing how faster raising up of Solana coins price and seems more profitable or faster movement than other coins.
Little disappointed with my investing in solana coins last several weeks ago bought Solana coins price around $164 and have been holder around three weeks ago, hope can return back to higher price and take good moment to buy Solana when making correction price again.

This is just a suggestion and prediction.
No need to worry and if possible, don't sell it below the price when you bought it because I believe Solana has great potential to reach its highest price again where the highest price is still at $260. If you can hold it until the Altcoin season starts, maybe you will enjoy double the profit.
This is just advice, it is not mandatory for you to follow it. You have the right to make choices and only you have control over everything you have now.

[giammangiato]

Last night I was looking at this meme coin, called MATT.  Incredible how the usual rugpull pattern happened in two hours, something not to be trusted in these cases.  I believe that the risk of being scammed with these memecoins on the Solana network is really high.  So I wonder, will the Solana trend still last?

[doc]

Interested with Solana coins investing or trading after significant dropping last two days ago under 122$, today Solana success break out higher price more than 30% after raising up to 150$. I can't believing how faster raising up of Solana coins price and seems more profitable or faster movement than other coins.
Little disappointed with my investing in solana coins last several weeks ago bought Solana coins price around $164 and have been holder around three weeks ago, hope can return back to higher price and take good moment to buy Solana when making correction price again.

Solana is a coin with potential, if you want to buy it is best to wait for a correction. Currently the market is experiencing a correction because the price of bitcoin has decreased currently the price of bitcoin is $60K, this is very good for buying some potential coins for collection.

Since the market is experiencing a correction and the price of bitcoin is $62K, I think it's a good time to buy solana again.  The current price of Solana is $148, I will add to my Solana collection and will hold it until early next year, I will sell it during the bullish season next year.  Hopefully Solana can reach ATH more than $260.

[Metha Wulandarin]

Last night I was looking at this meme coin, called MATT.  Incredible how the usual rugpull pattern happened in two hours, something not to be trusted in these cases.  I believe that the risk of being scammed with these memecoins on the Solana network is really high.  So I wonder, will the Solana trend still last?

Must remain vigilant with new projects in Solana, especially like projects that only have taou tokens, there are no utilities and development procedures, it is certain that they only want to take advantage of people who are affected by FOMO, such projects only benefit people who get tokens at the beginning, it is called the term DEGEN.
Even though Solana is ranked fifth on CoinGecko, be careful.

[NikeFit_7777]

Rapper Lil pump got a tattoo with the name of a coin. Today he threw a photo where the name of the coin Solana is painted on his forehead. After this news, the memcoin with his name has doubled in value.

P.S. Doesn't it seem to you some kind of signal to sell your assets? By no means, not financial advice. Just a thought out loud. When such actions occur, it turns out retroactively that you should have sold all your assets. 

[UNIVERSE]

Since the market is experiencing a correction and the price of bitcoin is $62K, I think it's a good time to buy solana again.  The current price of Solana is $148, I will add to my Solana collection and will hold it until early next year, I will sell it during the bullish season next year.  Hopefully Solana can reach ATH more than $260.

Bitcoin dropped to $53k and Solana dropped to $121. Sure, this is the right time to buy Solana although I think it is still possible to drop more. It will be great if we can see again the price of Solana around $100. This is actually cheap price for Solana because it can easily increase again above $150. I no doubt that we can see the price of Solana above $200 in the next year. Solana is a trending coin nowadays, people even expect the price of Solana can be above $300.