Solana network shuts down, will you still invest in SOL?

[KryptoBull]

I once saw the price of SOLANA coin at 12 dollars but I didn't buy it and until now the price of SOLANA coin is above 120 dollars, I haven't bought it.
I'm not really sure about this SOLANA coin because of the "shutdown" factor of the Blockchain and this for me is very scary because it could be worthless if a coin experiences a "shutdown" in the blockchain section.

I don't want to give you all FUD but I want to provide information that will keep me safe.
It's better for me to avoid problems like this so that I don't regret it later because this SOLANA coin is very risky for my own funds if it experiences another "shutdown" on the blockchain.

Everyone has their own criteria for their investment portfolio, it is completely reasonable to stay away from SOL token after the collapse of FTX if you cannot accept the risk from it. The market still has a lot of tokens to choose, they are safer than SOL, they have quite good profits for investors such as BTC and ETH, there are not many reasons for investors to choose SOL, and even if they choose, they will only dare to allocate a small part of the capital to SOL. I don't think anyone sane enough would go all-in on SOL at the price range of 8-12 USD.

Solana's problems continue but SOL price continues to rise thanks to investor FOMO and ecosystem growth. Those who can tolerate the risk and believe in Solana can continue to buy and hold SOL, if SOL price increases in the uptrend, they deserve huge profits!

[1020kingz]

I'm not a fan but i'm very impressed how Solana rally these few weeks. I think SOL has a great potential considering the ecosystem they had and also the technology. Espcially their Solana mobile, it's quite very interesting for not to invest for this network. The bugs and outage as long as it can be fixed I'm good with it, there's always room for upgrade and improvements as the project continue.

[pacar_tiri]

I'm not a fan but i'm very impressed how Solana rally these few weeks. I think SOL has a great potential considering the ecosystem they had and also the technology. Espcially their Solana mobile, it's quite very interesting for not to invest for this network. The bugs and outage as long as it can be fixed I'm good with it, there's always room for upgrade and improvements as the project continue.

It's true, Solana has very good potential to profit from price movements which are currently still cheap and could become very expensive someday. You have to look at the ongoing Solana development process so that the potential for profits for those who are still holding Solana for a long time will still be there.

[DaNNy001]

I once saw the price of SOLANA coin at 12 dollars but I didn't buy it and until now the price of SOLANA coin is above 120 dollars, I haven't bought it.
I'm not really sure about this SOLANA coin because of the "shutdown" factor of the Blockchain and this for me is very scary because it could be worthless if a coin experiences a "shutdown" in the blockchain section.

I don't want to give you all FUD but I want to provide information that will keep me safe.
It's better for me to avoid problems like this so that I don't regret it later because this SOLANA coin is very risky for my own funds if it experiences another "shutdown" on the blockchain.

Everyone has their own criteria for their investment portfolio, it is completely reasonable to stay away from SOL token after the collapse of FTX if you cannot accept the risk from it. The market still has a lot of tokens to choose, they are safer than SOL, they have quite good profits for investors such as BTC and ETH, there are not many reasons for investors to choose SOL, and even if they choose, they will only dare to allocate a small part of the capital to SOL. I don't think anyone sane enough would go all-in on SOL at the price range of 8-12 USD.

Solana's problems continue but SOL price continues to rise thanks to investor FOMO and ecosystem growth. Those who can tolerate the risk and believe in Solana can continue to buy and hold SOL, if SOL price increases in the uptrend, they deserve huge profits!

Frankly speaking if not for this thread, I would have never knew that Solana have even reached an ATH of 256usd before and the reason why I say this, is because I started noticing sol coins from early  last year when the price was as low as 22 -25$ and seeing the growth it has gotten I was really of the impression that the coin has done pretty good and even commended it for many people that were starting to grow interest because of the supposed significant rise.

[Legion]

It's true, Solana has very good potential to profit from price movements which are currently still cheap and could become very expensive someday. You have to look at the ongoing Solana development process so that the potential for profits for those who are still holding Solana for a long time will still be there.

Solana is still in the development process and it seems there are still several obstacles that need to be overcome immediately, for example the Solana network went out several times in the recent past.

[NikeFit_7777]

I once saw the price of SOLANA coin at 12 dollars but I didn't buy it and until now the price of SOLANA coin is above 120 dollars, I haven't bought it.
I'm not really sure about this SOLANA coin because of the "shutdown" factor of the Blockchain and this for me is very scary because it could be worthless if a coin experiences a "shutdown" in the blockchain section.

I don't want to give you all FUD but I want to provide information that will keep me safe.
It's better for me to avoid problems like this so that I don't regret it later because this SOLANA coin is very risky for my own funds if it experiences another "shutdown" on the blockchain.

Normal situation, everyone was scared to buy = then the manipulator drove the price higher. Now, again, it is scary to buy as the price has given +100% from its low. This is how the market has worked and will continue to work. Same thing would happen if we saw a 50$ price tomorrow = everyone would wait for 20$ and the price would go back into the 200$ range. 

P.S. As always, 10% of users manage to earn money, the rest lose money. 

[KryptoBull]

Frankly speaking if not for this thread, I would have never knew that Solana have even reached an ATH of 256usd before and the reason why I say this, is because I started noticing sol coins from early  last year when the price was as low as 22 -25$ and seeing the growth it has gotten I was really of the impression that the coin has done pretty good and even commended it for many people that were starting to grow interest because of the supposed significant rise.

You can look at the full history of the SOL price chart to see that SOL had an impressive growth season in 2021. Currently, SOL is also very popular due to the price increase from 8 USD to 200 USD and bringing profits to investors who continued to believe in SOL during the crypto winter of 2022. Unfortunately, I didn't have enough faith to DCA SOL, I chose to DCA BTC because BTC is a safer asset than SOL.

You see, we often only focus on price volatility and rarely care about the quality of the Solana blockchain, because even if there is a problem with Solana, we can still easily buy and sell SOL on CEXs.

[IvugeoEvolutionCoin]

Normal situation, everyone was scared to buy = then the manipulator drove the price higher. Now, again, it is scary to buy as the price has given +100% from its low. This is how the market has worked and will continue to work. Same thing would happen if we saw a 50$ price tomorrow = everyone would wait for 20$ and the price would go back into the 200$ range. 

P.S. As always, 10% of users manage to earn money, the rest lose money. 

Solana may have the potential to fall even cheaper because currently Bitcoin is still quite expensive and when the halving is complete it will cause the price of Bitcoin to collapse. I am sure Solana will be affected by the price of Bitcoin so that the price of Solana will fall further.

[KryptoBull]

Solana may have the potential to fall even cheaper because currently Bitcoin is still quite expensive and when the halving is complete it will cause the price of Bitcoin to collapse. I am sure Solana will be affected by the price of Bitcoin so that the price of Solana will fall further.

The stagnation of BTC price after halving is a recognizable pattern in history, but I don't think SOL price will be affected too much. Currently, SOL price is still well maintained above 120 USD and has not fallen too deep from the 210 USD peak created in mid-March.

SOL potential is still very strong as restaking may switch to Solana after bringing strong developments to the Ethereum ecosystem. I am still waiting for a new ATH of SOL in this uptrend.

[Metha Wulandarin]

I'm not a fan but i'm very impressed how Solana rally these few weeks. I think SOL has a great potential considering the ecosystem they had and also the technology. Espcially their Solana mobile, it's quite very interesting for not to invest for this network. The bugs and outage as long as it can be fixed I'm good with it, there's always room for upgrade and improvements as the project continue.

Solana should be better now and there is also good news with Solana's application to the ETF if Solana's application to the ETF is accepted it is not difficult for Solana to pass the ATH the community's trust in Solana is getting stronger plus with the ETF it is certainly very easy to create a new ATH.

[Gurujebs]

Solana should be better now and there is also good news with Solana's application to the ETF if Solana's application to the ETF is accepted it is not difficult for Solana to pass the ATH the community's trust in Solana is getting stronger plus with the ETF it is certainly very easy to create a new ATH.

Solana ETF approval wouldn't mean a big thing for Solana unless the applicants of the ETF has start buying all the sol they could get their hand on. I remember some months back when Bitcoin ETF was approved, there was some kind of miscommunication with SEC which resulted into Bitcoin manipulation and when it was later approve, people weren't buying the hype until Black rock and some ETF applicants and Microstrategy were buying Bitcoin weekly and the price began to move, that's how they got the interests of the people.

Solana need whale and not just anyhow whales but people ready to push the project into the mainstream and not this meme coins that are spamming the network the way they like.

[KryptoBull]

Solana ETF approval wouldn't mean a big thing for Solana unless the applicants of the ETF has start buying all the sol they could get their hand on. I remember some months back when Bitcoin ETF was approved, there was some kind of miscommunication with SEC which resulted into Bitcoin manipulation and when it was later approve, people weren't buying the hype until Black rock and some ETF applicants and Microstrategy were buying Bitcoin weekly and the price began to move, that's how they got the interests of the people.

Solana need whale and not just anyhow whales but people ready to push the project into the mainstream and not this meme coins that are spamming the network the way they like.

The launch of spot SOL ETF will be an opportunity for traditional investors to access SOL more easily, meaning that we will have more inflow into this market and create buying pressure on SOL on OTC and CEXs, thereby supporting SOL price very well.

If spot SOL ETF is approved, I believe that FOMO will take place and push SOL price higher before we see the growth of trading volume or inflow into the spot SOL ETF.

[Metha Wulandarin]

Solana should be better now and there is also good news with Solana's application to the ETF if Solana's application to the ETF is accepted it is not difficult for Solana to pass the ATH the community's trust in Solana is getting stronger plus with the ETF it is certainly very easy to create a new ATH.

Solana ETF approval wouldn't mean a big thing for Solana unless the applicants of the ETF has start buying all the sol they could get their hand on. I remember some months back when Bitcoin ETF was approved, there was some kind of miscommunication with SEC which resulted into Bitcoin manipulation and when it was later approve, people weren't buying the hype until Black rock and some ETF applicants and Microstrategy were buying Bitcoin weekly and the price began to move, that's how they got the interests of the people.

Solana need whale and not just anyhow whales but people ready to push the project into the mainstream and not this meme coins that are spamming the network the way they like.

In my opinion, pushing the price of Solana may not be that hard because it has been proven that Solana has reached a price of $250 in just eleven months without any good news about Solana.
We all know that the community of Solana is very strong and the ecosystem of Solana is almost all owned by someone who prioritizes the community.

[MrSpasybo]

The launch of spot SOL ETF will be an opportunity for traditional investors to access SOL more easily, meaning that we will have more inflow into this market and create buying pressure on SOL on OTC and CEXs, thereby supporting SOL price very well.

If spot SOL ETF is approved, I believe that FOMO will take place and push SOL price higher before we see the growth of trading volume or inflow into the spot SOL ETF.

Inflow is really important, but I think FOMO has a bigger impact on SOL price increase in the case that SOL Spot ETF wil be approved. The same thing happened with BTC when BTC Spot ETF came out and created expectations and optimism in the entire crypto market.

Currently, we are still waiting for news related to Sol Spot ETF, it seems that the negative news related to the Solana outage has been forgotten by the crypto community. SOL price impressive increase has made it easier for everything to be accepted ^^

[KryptoBull]

Inflow is really important, but I think FOMO has a bigger impact on SOL price increase in the case that SOL Spot ETF wil be approved. The same thing happened with BTC when BTC Spot ETF came out and created expectations and optimism in the entire crypto market.

Currently, we are still waiting for news related to Sol Spot ETF, it seems that the negative news related to the Solana outage has been forgotten by the crypto community. SOL price impressive increase has made it easier for everything to be accepted ^^

I also think that the positivity that spot SOL ETF brings to the SOL price chart is even greater than the direct impact from inflow. The success of spot BTC & ETH ETFs will become the basis for investors to continue to expect strong growth in the SOL price after we have a SOL ETF.

Currently, we are all waiting for more information, and the community's attention is still focused on spot ETH ETF trading. Negative news about Solana is no longer important at this time. The goal of investors is to invest and make profits, not to assess the strength of the blockchain.