Is Solana Holding going to be profitable?

[hugeblack]

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.

[MrSpasybo]

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!

[Metha Wulandarin]

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.

[MrSpasybo]

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 ^^

[Metha Wulandarin]

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.

[armanda90]

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.

[Metha Wulandarin]

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.

[Dr.Bitcoin_Strange]

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.

[pakhitheboss]

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.

[Dr.Bitcoin_Strange]

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.

[Metha Wulandarin]

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.

[Dr.Bitcoin_Strange]

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.

[sampoerna]

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.

[surendertakyaan70]

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.

[bitterguy28]

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.