Is Solana Holding going to be profitable?

[rizqillah]

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.

[MUGNIA]

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

[debra]

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.

[Asiska02]

~

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.

[salad daging]

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.

[rizqillah]

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.

[albon]

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.

[doc]

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.

[BDose]

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.

[Mia Chloe]

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.

[tequilla_sunset]

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.
 

[vegasus]

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.

[dekafee79]

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.

[Bobcrypto]

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.

[vegasus]

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.