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Author Topic: This time for buy solana  (Read 9449 times)

Offline laijsica

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This time for buy solana
« on: August 25, 2024, 11:14:10 AM »
Another positive and promising period is ahead for Solana investors which will hold their holdings more firmly and create a bigger investment field. Brazil's regulatory body has already approved Solana's spot ETF, and if it attracts more investors, it could get spot ETF in the US in 2025, which could take the cryptocurrency market one step further. This will further tempt you to increase investment as Solana ranks fifth in the crypto market in terms of market cap which could lead to spot ETF in the future.

You can get more details from the link below and your feedback would be appreciated.

https://finance.yahoo.com/news/prediction-solana-first-cryptocurrency-spot-103800835.html
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This time for buy solana
« on: August 25, 2024, 11:14:10 AM »

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Offline luckyledger

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Re: This time for buy solana
« Reply #1 on: August 25, 2024, 05:54:54 PM »
Another positive and promising period is ahead for Solana investors which will hold their holdings more firmly and create a bigger investment field. Brazil's regulatory body has already approved Solana's spot ETF, and if it attracts more investors, it could get spot ETF in the US in 2025, which could take the cryptocurrency market one step further. This will further tempt you to increase investment as Solana ranks fifth in the crypto market in terms of market cap which could lead to spot ETF in the future.

You can get more details from the link below and your feedback would be appreciated.

https://finance.yahoo.com/news/prediction-solana-first-cryptocurrency-spot-103800835.html

I do think it's great news, however, I wouldn't put a "game-changer" tag for the future of SOL ;D Bigger capital will flow through SOL because of ETFs and big institutions, however, it doesn't mean the price will rocket to the moon from there. Look at ETH and you will see what I mean. That's my opinion, of course.

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Re: This time for buy solana
« Reply #1 on: August 25, 2024, 05:54:54 PM »

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Re: This time for buy solana
« Reply #2 on: August 25, 2024, 10:54:27 PM »
I do think it's great news, however, I wouldn't put a "game-changer" tag for the future of SOL ;D Bigger capital will flow through SOL because of ETFs and big institutions, however, it doesn't mean the price will rocket to the moon from there. Look at ETH and you will see what I mean. That's my opinion, of course.

The BTC ETFs had a lot of volume, and helped the price rise, but the effects of the Ethereum ETFs were not the same
That's why I'm also a bit skeptical that a Solana ETF can make the price go up much
There may be speculation until the ETF is approved, but I don't know how much it can help the price rise

In my opinion, SOL will continue to rise, but along with BTC and the entire market
I don't know what the limit will be, maybe ATH is a good bet, 258 dollars
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Re: This time for buy solana
« Reply #3 on: August 28, 2024, 03:35:37 PM »
Another positive and promising period is ahead for Solana investors which will hold their holdings more firmly and create a bigger investment field. Brazil's regulatory body has already approved Solana's spot ETF, and if it attracts more investors, it could get spot ETF in the US in 2025, which could take the cryptocurrency market one step further. This will further tempt you to increase investment as Solana ranks fifth in the crypto market in terms of market cap which could lead to spot ETF in the future.
I don't think we'll see a Solana Spot ETF anytime soon, as proposals in the US have been rejected and there are no signs that major asset management firms want this financial product in the short term. Brazil is not a small country, but the SOL Spot ETF there hasn't significantly impacted the inflows or pressured the US to approve a SOL Spot ETF soon.

Anyway, a Spot ETF is just one of many potential catalysts for token price growth, and I believe SOL price will still rise in this bull run due to inflows from investment funds, FOMO, and the vibrant ecosystem related to DeFi, NFTs, GameFi, or memecoins. Regarding buying SOL now, investors should assess the market themselves and make a decision that best aligns with their own investment criteria.
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Re: This time for buy solana
« Reply #4 on: August 28, 2024, 08:07:51 PM »
Positive news and potential regulatory advancements often create favorable conditions for increased investment. However, it’s crucial to remain aware of market dynamics and potential risks.Investors should stay informed and consider these factors as part of their broader investment strategy.

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Re: This time for buy solana
« Reply #5 on: August 28, 2024, 11:55:45 PM »
Currently the price of SOL is around $144, and this is actually a price that is still relatively low compared to a few months ago when the price of SOL really rose significantly and hit a new ATH. If you want to accumulate, which for now is still quite worth it to do, to open up opportunities to take profits in the next few months or next year. Because indeed Solana projects do not need to be doubted in terms of quality and development. So, it will really have the potential to rise again even bigger. Moreover, with the SOL ETF.

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Re: This time for buy solana
« Reply #6 on: August 29, 2024, 09:20:13 AM »
To buy this Solana coin depends on us, because the cryptocurrency trading the price is always changing every time. If you see the OP sending information about Solana Coins from Yahoo Finance media, it doesn't seem to have an effect that makes Solana's coin prices rise sharply. But if it is forced for a Solana coin if I buy at the price of 1 sol = $ 20 maybe I will buy it 1 Solana coin, I will make it for the memories of the coins if the price will rise to the price of $ 2,000.
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Re: This time for buy solana
« Reply #6 on: August 29, 2024, 09:20:13 AM »


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Re: This time for buy solana
« Reply #7 on: August 29, 2024, 10:22:39 AM »
If you're considering buying Solana sol  it's important to evaluate your investment strategy based on current market conditions. Given your previous interest in holding SOL for staking and liquidity pools, as well as your belief in its potential to surpass $200 during a bull run, it might be a good time to accumulate if you anticipate a bullish trend.

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Re: This time for buy solana
« Reply #8 on: August 29, 2024, 03:06:16 PM »
I do think it's great news, however, I wouldn't put a "game-changer" tag for the future of SOL ;D Bigger capital will flow through SOL because of ETFs and big institutions, however, it doesn't mean the price will rocket to the moon from there. Look at ETH and you will see what I mean. That's my opinion, of course.
yes it probably would not make solana’s price hike too much however having an approved etf will most likely play for when the bull run hits its peak it increases the chances of the coin or token to have higher prices when it has etf

even with bitcoin after the etf it did not immediately reach the price everyone thought it would but its price increased due to the anticipation of having the etf

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Re: This time for buy solana
« Reply #9 on: August 30, 2024, 08:08:47 AM »
I do think it's great news, however, I wouldn't put a "game-changer" tag for the future of SOL ;D Bigger capital will flow through SOL because of ETFs and big institutions, however, it doesn't mean the price will rocket to the moon from there. Look at ETH and you will see what I mean. That's my opinion, of course.
yes it probably would not make solana’s price hike too much however having an approved etf will most likely play for when the bull run hits its peak it increases the chances of the coin or token to have higher prices when it has etf

even with bitcoin after the etf it did not immediately reach the price everyone thought it would but its price increased due to the anticipation of having the etf
I haven't read any definite news that the solana ETF has been approved, it is likely still under review by the SEC. but I also heard gossip that the solana ETF application was rejected, let's just wait for official news from the SEC. If the altcoin ETF is approved, it is likely that during the bullish season it will have a positive impact.

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Re: This time for buy solana
« Reply #10 on: September 06, 2024, 05:01:29 PM »
Solana is one of the things I'm saving for the long-term, because I know if Solana can reach 500$-1000$ this bull run when the price of Bitcoin starts to rally. But this is a prediction. it's just me

Because of what I have seen here, it is for sure that it will tail off when the price of Bitcoin really goes up, and I also know that many top altcoins can follow Bitcoin's price increase in the market.
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Re: This time for buy solana
« Reply #11 on: September 06, 2024, 06:28:34 PM »
Indeed have good or bad news, today bitcoin got decreasing and drop under $54k and become opportunity to buy back Solana coins with price most cheapest under $127.
Its opportunity for investing in Solana and waiting for later when bitcoin recovery back above $60k until $70k I believe with Solana potential reach up above $200 or hit new ATH.

In this week, Solana have dropped significant and moment to buy back before late Solana reach again above $160, not late to buy solana right now and potential up to 10% to 30% profitable earn.

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Re: This time for buy solana
« Reply #12 on: September 06, 2024, 07:33:40 PM »
Indeed have good or bad news, today bitcoin got decreasing and drop under $54k and become opportunity to buy back Solana coins with price most cheapest under $127.
Its opportunity for investing in Solana and waiting for later when bitcoin recovery back above $60k until $70k I believe with Solana potential reach up above $200 or hit new ATH.

In this week, Solana have dropped significant and moment to buy back before late Solana reach again above $160, not late to buy solana right now and potential up to 10% to 30% profitable earn.

I don't have much money in stables or fiat anymore, but I'm considering using my reserves (don't do it guys  ;D), to buy SOL if it falls below 100 dollars, as I consider it a very good potential to earn more than 20% in a swing trade

But we have to remember, it doesn't matter if it's SOL, ETH or anything else, BTC has to push the price up, otherwise there's no point for us
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Re: This time for buy solana
« Reply #13 on: September 06, 2024, 08:37:24 PM »
Indeed have good or bad news, today bitcoin got decreasing and drop under $54k and become opportunity to buy back Solana coins with price most cheapest under $127.
Its opportunity for investing in Solana and waiting for later when bitcoin recovery back above $60k until $70k I believe with Solana potential reach up above $200 or hit new ATH.

In this week, Solana have dropped significant and moment to buy back before late Solana reach again above $160, not late to buy solana right now and potential up to 10% to 30% profitable earn.
It is possible that Solana could drop below $120 if bitcoin continues to slump, so it is better to wait a little in case there is another correction and we can buy at the lowest possible price, but this is not certain if you have confidence now that it is low then it is time to buy now.

I bought at $150, maybe will buy a little more if the price is at $110, I believe Solana can return to $200 in the next few months and while the decline now because the history of this month is very scary red all.

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Re: This time for buy solana
« Reply #14 on: September 07, 2024, 03:26:49 PM »
It is possible that Solana could drop below $120 if bitcoin continues to slump, so it is better to wait a little in case there is another correction and we can buy at the lowest possible price, but this is not certain if you have confidence now that it is low then it is time to buy now.
It's almost there, mate.
Look at this pic:


Today, the lowest price was $121.06. I thought it would dip back to $120, but it ended at $121.06 and went up a few percent. Up until now, the price is at $127. It is undeniable that the daily price of SOL is very volatile. The difference between the lowest and highest price per 24 hours is quite far. This is very good for short term, but the risk is also very high.

Check updates on:
https://coinmarketcap.com/currencies/solana/
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MIX.NOW
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