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Author Topic: If $SOL dip to $2, will you still buy?  (Read 1264 times)

Offline Olamdetalkcoin

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If $SOL dip to $2, will you still buy?
« on: April 16, 2025, 09:45:09 AM »
I know you are scared about the question because alot of people would actually lose their money, but in this space nothing is impossible, so if $SOL just got dip to $2 what will you actually do? will you still have the believe that it will come back and buy more or you will eventually forget about anything $SOL in this space? Let us have answers, good morning!

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If $SOL dip to $2, will you still buy?
« on: April 16, 2025, 09:45:09 AM »

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Re: If $SOL dip to $2, will you still buy?
« Reply #1 on: April 16, 2025, 11:43:14 AM »
I know you are scared about the question because alot of people would actually lose their money, but in this space nothing is impossible, so if $SOL just got dip to $2 what will you actually do? will you still have the believe that it will come back and buy more or you will eventually forget about anything $SOL in this space? Let us have answers, good morning!
Back in 2021, a KOL once predicted that the SOL price would drop from over 200 USD to 20 USD during the crypto winter of 2026, and he was heavily mocked because many believed that the SOL price would never fall below 100 USD. When the SOL price plummeted to 10 USD at the end of 2022 after the FTX collapse, no one dared to buy SOL.

Now, the Solana ecosystem has grown incredibly strong, and the value of SOL is quite firmly established. However, if the market has issues and the SOL price sharply declines to 2 USD, I believe many investors will be fearful and won't dare to buy SOL. I'd be scared too, but I'd use around a few dozen USD to buy a few SOL just for fun, like a lottery ticket with the market :)

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Re: If $SOL dip to $2, will you still buy?
« Reply #1 on: April 16, 2025, 11:43:14 AM »

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Offline rdluffy

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Re: If $SOL dip to $2, will you still buy?
« Reply #2 on: April 16, 2025, 03:58:40 PM »
That's a great question
The price of SOL has already seen an almost unbelievable drop from its peak of 250 USD to less than 10 USD at the end of 2022

But that drop wasn't “organic”, it was due to the collapse of FTX which took down FTT and SOL at the time (and also pretty much took down the entire crypto market).
I came to believe that Solana was going to reach almost zero and run out of devs

If the price drops to 2 dollars, it would be due to something disastrous, some hack, glitch etc

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Offline Olamdetalkcoin

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Re: If $SOL dip to $2, will you still buy?
« Reply #3 on: April 16, 2025, 04:45:03 PM »
I know you are scared about the question because alot of people would actually lose their money, but in this space nothing is impossible, so if $SOL just got dip to $2 what will you actually do? will you still have the believe that it will come back and buy more or you will eventually forget about anything $SOL in this space? Let us have answers, good morning!
Back in 2021, a KOL once predicted that the SOL price would drop from over 200 USD to 20 USD during the crypto winter of 2026, and he was heavily mocked because many believed that the SOL price would never fall below 100 USD. When the SOL price plummeted to 10 USD at the end of 2022 after the FTX collapse, no one dared to buy SOL.

Now, the Solana ecosystem has grown incredibly strong, and the value of SOL is quite firmly established. However, if the market has issues and the SOL price sharply declines to 2 USD, I believe many investors will be fearful and won't dare to buy SOL. I'd be scared too, but I'd use around a few dozen USD to buy a few SOL just for fun, like a lottery ticket with the market :)

Lol alot of people may actually lose hope because they will believe that such project at this level should not go that low

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Re: If $SOL dip to $2, will you still buy?
« Reply #4 on: April 16, 2025, 09:24:21 PM »
I know you are scared about the question because alot of people would actually lose their money, but in this space nothing is impossible, so if $SOL just got dip to $2 what will you actually do? will you still have the believe that it will come back and buy more or you will eventually forget about anything $SOL in this space? Let us have answers, good morning!
It's actually a game of liquidity. Basically before so gets to $2 the sell pressure will be so high that the downtrend wouldn't even have time to make retests and as a result of that you will even be scared to buy sol. Basically people don't judge with the market based on the past only they usually judge it based on what they hope to see relating to the past.

With Respect to this particular question it simply means that the sell pressure is so high that buying is like going against the market so it's like a gamble.
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Offline philipma1957

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Re: If $SOL dip to $2, will you still buy?
« Reply #5 on: April 17, 2025, 04:13:37 AM »
I havea ladder down buy that began at 106

then 97

and
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I hit the 106 and the 97

but I am not sure I want to tie up the cash to drop as low as 2 bucks
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Re: If $SOL dip to $2, will you still buy?
« Reply #6 on: April 17, 2025, 10:22:19 AM »
yeah..because the chances it bounces back are high. It's good thing to buy it now since the market seems bad in general.

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Re: If $SOL dip to $2, will you still buy?
« Reply #6 on: April 17, 2025, 10:22:19 AM »


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Re: If $SOL dip to $2, will you still buy?
« Reply #7 on: April 17, 2025, 05:45:41 PM »
I havea ladder down buy that began at 106

then 97

and
88
79
70
61
52
43
34

I hit the 106 and the 97

but I am not sure I want to tie up the cash to drop as low as 2 bucks

This is a good way to get the bottom, I'm not used to do this, maybe I'll try some day

yeah..because the chances it bounces back are high. It's good thing to buy it now since the market seems bad in general.

I have my doubts, because if it falls to 2 dollars, as I said, it will be because of something catastrophic, or a major failure and everyone will be afraid to buy it



A good example for those who believe in buying a coin that has plummeted in value is OM (Mantra), which has fallen 90% and no one wants to buy it.
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Re: If $SOL dip to $2, will you still buy?
« Reply #8 on: April 17, 2025, 07:05:07 PM »
Historically, any altcoin that has collapsed has never been able to recover to its ATH.
So if $SOL reaches a price close to $2, it's the end of it.


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Re: If $SOL dip to $2, will you still buy?
« Reply #9 on: April 17, 2025, 07:05:55 PM »
I will buy 5000 SOL if it does go to $2. :D

But will it happen? And this is just a fantasy there is no way sola will go as low as 90 declines unless the market is severe and bitcoin hits a low of $10,000.

When it is bearish, people will be a lot less trusting especially new investors, therefore I will still buy because the sol ecosystem will still grow.

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Re: If $SOL dip to $2, will you still buy?
« Reply #10 on: April 17, 2025, 07:58:03 PM »
I havea ladder down buy that began at 106

then 97

and
88
79
70
61
52
43
34

I hit the 106 and the 97

but I am not sure I want to tie up the cash to drop as low as 2 bucks

This is a good way to get the bottom, I'm not used to do this, maybe I'll try some day

yeah..because the chances it bounces back are high. It's good thing to buy it now since the market seems bad in general.

I have my doubts, because if it falls to 2 dollars, as I said, it will be because of something catastrophic, or a major failure and everyone will be afraid to buy it



A good example for those who believe in buying a coin that has plummeted in value is OM (Mantra), which has fallen 90% and no one wants to buy it.

I set sell ladders say 260 290 320 350 380

I set buy ladders 88 down to 34

And I will stack by my hotspot miner and by my staking
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Re: If $SOL dip to $2, will you still buy?
« Reply #11 on: April 18, 2025, 06:06:02 PM »
          -     If ever the price of Solana drops by $2, I wouldn't hesitate to buy it, actually. Though, I know that's impossible because the development and improvement of Solana continues at this time. And many whale investors have also taken hold of it, especially in long-term holdings.

Then there are also countless developers who continue to create coins, particularly meme coins under the Sol network, even though we say that many of them
are just fomo and scams in the end, but they still contributed to the crypto market, actually.

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Re: If $SOL dip to $2, will you still buy?
« Reply #12 on: April 18, 2025, 09:01:14 PM »
I will buy 5000 SOL if it does go to $2. :D

But will it happen? And this is just a fantasy there is no way sola will go as low as 90 declines unless the market is severe and bitcoin hits a low of $10,000.

When it is bearish, people will be a lot less trusting especially new investors, therefore I will still buy because the sol ecosystem will still grow.
Anything can happen in the future, especially in this extremely harsh crypto winter. We've seen SOL price pushed down to $8, and we've also seen how EOS has failed. I'm not sure about anything even though I love Solana and expect it to compete fairly with Ethereum and Bnb chain in the future.

In the event that SOL price drops to $2, we will analyze the reasons and the state of the market at that time together. If Solana is still a potential ecosystem, we can continue to trust and accumulate a lot of SOL. Honestly, I quite regret being scared and refusing to accumulate SOL in the sub-$10 price zone.
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Offline JISAN

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Re: If $SOL dip to $2, will you still buy?
« Reply #13 on: April 18, 2025, 09:47:15 PM »
I know you are scared about the question because alot of people would actually lose their money, but in this space nothing is impossible, so if $SOL just got dip to $2 what will you actually do? will you still have the believe that it will come back and buy more or you will eventually forget about anything $SOL in this space? Let us have answers, good morning!
It's really funny to read these topics. Because SOLANA will never be worth $2 unless it's a scam like LUNA. SOL is a very popular ecosystem at the moment and its chain is very strong and doesn't use EVM like other chains. It's their own chain. I don't think anything like that will ever happen to SOL. But if it does, I will definitely buy SOL at that time. However, if something like that happens, everyone in the entire crypto market will be afraid to buy it because they all saw the LUNA crash.
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Re: If $SOL dip to $2, will you still buy?
« Reply #14 on: April 18, 2025, 11:25:31 PM »
I will see the situation first at that time, if the problem is too complicated, or there is a collapse condition, and so on that does not allow SOL to go up, then I will not risk my money to buy this kind of fund. I understand that SOL is currently a very potential and promising project. but if at that time it is no longer, then I would prefer other coins that at that time were indeed much more potential. because, as we experienced before with several top old coins, which in fact could drop and could not survive over time due to certain reasons.

 

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