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Topic: Is Solana still bullish now? - page 5. (Read 1423 times)

sr. member
Activity: 811
Merit: 250
October 21, 2021, 03:42:05 PM
All I know is that the price of the coin has gone up. It's not a good idea to buy it again, especially now, as many have already seen how much other altcoins have improved. Let's assume that the momentum of this coin is good, but still not lose that it has increased a lot.
Now it's even the opposite of what you said, because some good coins are also experiencing a decline even if not sharply, but creating or placing a buy order at a slightly lower price is a very good solution for anyone.
full member
Activity: 658
Merit: 189
October 21, 2021, 03:01:53 PM
Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?
All I know is that the price of the coin has gone up. It's not a good idea to buy it again, especially now, as many have already seen how much other altcoins have improved. Let's assume that the momentum of this coin is good, but still not lose that it has increased a lot.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
October 21, 2021, 02:10:28 AM
Solana has performed amazingly since 2021, I'm happy because I bought Solana early 2021 for around $13 and was able to sell at $160 a month ago and already made a profit of over $560, and still have Solan for me to sell when I really need the money.

Wow, you really make a good investment with this coin, there are people who also earned like you who still following this coin, SOL still a good investment if you are aiming for more, The chance to receive more investors is really high, with the development coming from the team and with all the progress, this new chain will attract more investors and developers to use the system.
Even tho many people have made big gains thanks to investing in Solana but they still come back and look for a chance to reinvest. This is a very interesting thing that Solana has and because of this, Solana is both bullish and bearish as the price goes up and down in a short amount of time. All because of cashing out and reinvesting.

Wise day traders knows how to play and work with traders emotions, they are anticipating the ride and with good judgements they
manage to make it done fovoring their investment, buy low and sell high is possible with the moving market, but it's not easy as
you always need to work with time and more pressures.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
October 20, 2021, 09:02:43 PM
The price of Solana is rising, it should be noted that the last ath was 198USD, for now it is rising and is going for 179USD, not bad, the technical analysts of cointelegrapah give the following in the short term:


Quote
A close above $177.79 will complete an ascending triangle pattern, which has a target objective at $226.94. The rally may not be linear as bears are expected to pose a stiff challenge at the psychological level at $200 and then at the all-time high at $216.
Source: https://cointelegraph.com/news/price-analysis-10-20-btc-eth-bnb-ada-xrp-sol-dot-doge-luna-uni

Solana is a currency that will continue to have many pumps, and it is likely that it will reach its ath again and surpass it.
hero member
Activity: 1414
Merit: 670
October 20, 2021, 09:59:23 AM
Solona is in the list of one of those project who has there own blockchain. Which mean they providing smartcontract to othere project so its clear that solana has too utilities. Solana has nft marketplace on there blockchain also so solana has too many useage which will help to regulate his price and we can expect that solana will hit it all time high in this bullrun
member
Activity: 181
Merit: 10
October 19, 2021, 02:50:32 PM
Solana has performed amazingly since 2021, I'm happy because I bought Solana early 2021 for around $13 and was able to sell at $160 a month ago and already made a profit of over $560, and still have Solan for me to sell when I really need the money.

Wow, you really make a good investment with this coin, there are people who also earned like you who still following this coin, SOL still a good investment if you are aiming for more, The chance to receive more investors is really high, with the development coming from the team and with all the progress, this new chain will attract more investors and developers to use the system.
Even tho many people have made big gains thanks to investing in Solana but they still come back and look for a chance to reinvest. This is a very interesting thing that Solana has and because of this, Solana is both bullish and bearish as the price goes up and down in a short amount of time. All because of cashing out and reinvesting.
legendary
Activity: 2086
Merit: 1058
October 19, 2021, 10:41:16 AM
Do you know what is the lowest price SOL has been in the past 3 months? 25 dollars. Do you know what the highest was? It was 217 dollars. That is nearly 10x increase within the same 90 days period. If you are not sure about what Solana could do and how volatile it is, then just check what the price has been. Right now, it is at 157 dollars as well, dropped as low as 130 after reaching the peak as well. So, within 90 days it moved from 25 dollars to 217 dollars to 130 dollars and back to 160 dollars.

This is why I would not be saying solana is a bullish coin alone, it is both bullish and bearish at the same time. That scares me as a SOL investor, but I could see SOL go above 200+ dollars and can see it go under 100 dollars at the same time. I am not sure which one it will do, but I am sure that it will be volatile, that is the part I am definitely certain about.
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
October 19, 2021, 09:32:19 AM
Solana has performed amazingly since 2021, I'm happy because I bought Solana early 2021 for around $13 and was able to sell at $160 a month ago and already made a profit of over $560, and still have Solan for me to sell when I really need the money.

Wow, you really make a good investment with this coin, there are people who also earned like you who still following this coin, SOL still a good investment if you are aiming for more, The chance to receive more investors is really high, with the development coming from the team and with all the progress, this new chain will attract more investors and developers to use the system.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
October 19, 2021, 08:46:14 AM
The truth has seemed very strange to me that a good pump has not occurred on the part of Solana, however when reviewing the analysis by cointelegraph it shows the following:


Quote
Conversely, if the price rebounds off the current level and sustains above $167.65, it will suggest that buyers are back in the game. The pair could thereafter rally to the 61.80% Fibonacci retracement level at $177.80.
Source: https://cointelegraph.com/news/price-analysis-10-18-btc-eth-bnb-ada-xrp-sol-dot-doge-luna-uni

I think the reason why it does not go up is because of the number of bearish attacks it has suffered, so far the price according to CMC is at 156USD, it is possible that the pump could be unleashed at any moment.
sr. member
Activity: 1792
Merit: 255
October 19, 2021, 07:50:44 AM
Solana has performed amazingly since 2021, I'm happy because I bought Solana early 2021 for around $13 and was able to sell at $160 a month ago and already made a profit of over $560, and still have Solan for me to sell when I really need the money.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
October 19, 2021, 04:34:14 AM
I'd rather put money into BTC and wait for that to grow in this rally.
I would say that BTC will not be making "that" much profit. Alts usually have a lot higher returns because bitcoin has such a huge market cap and the smaller coins have a lower cap so they are increasing a lot better. This means that there is a good chance you could literally make 10x while bitcoin makes 2x. I am not saying that SOL will be making 10x in the future neither, I do not know if that will happen or not, I am just guessing that it could do that a lot easier compared to bitcoin.

Yes, they are doing fine and yes there is a chance that it could go up and people are investing into it like they found the gem they are looking for but it has already increased so much which is why I am not sure if that is the one that they should be looking for. I believe that maybe something even lower could be something a lot better in the long run since it would have a longer path to success.

Alts always seem to make more because of low market cap and that influx of new investors (or shall I say speculators). But for every alt that moons, there are 10 or more that don't. And the speculator will probably lose out on a few for the sake of hitting the gold mine but that's a time consuming and capital spreading gamble that Bitcoin doesn't have.

That's the main difference for me. Peace of mind Smiley
member
Activity: 919
Merit: 19
Do it For Better Humanity (Bitget trader)
October 19, 2021, 03:26:30 AM
Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?

Solana is still bullish.. Im pretty sure of that. As far as solana ecosystem still functions and devs still use it, Solana is still bullish. Just wait for the right time. And you will not regret investing on Solana
full member
Activity: 1204
Merit: 105
PredX - AI-Powered Prediction Market
October 18, 2021, 07:06:43 PM
Depends as more and more projects continue to adopt sol I think personally we are going to see so much of its ecosystem booming and that surely bound to spike price of the protocol Instead of checking wether market is over or not I think it will be better to keep your focus on fundamental coins that will bring you value
As we can see, SOL has been really strong and explosive over time, and the ecosystem is expanding and attracting more developers to build on top of SOL.
However, I personally think that the growth will not be as strong as before, because of the rise of other platforms in the market as well as the growth of BIT, but I still highly appreciate the ability of SOL in the market current.
sr. member
Activity: 1554
Merit: 260
October 18, 2021, 06:13:37 PM
Some people want to invest Solana now because of the huge rise few days ago. However, some people think that today is the end of the bull market of Solana. What do you think?

Solana is still a very new project, so there will definitely be many more pump and dumps at its price. In my opinion, it is a very promising project that has a good chance of being successful. However, I think it may take a little longer than we think. If someone is prepared or is looking for long term investment, Solana is a good choice in my opinion.
member
Activity: 812
Merit: 10
https://hovr.site/
October 18, 2021, 05:41:35 PM
Depends as more and more projects continue to adopt sol I think personally we are going to see so much of its ecosystem booming and that surely bound to spike price of the protocol Instead of checking wether market is over or not I think it will be better to keep your focus on fundamental coins that will bring you value
legendary
Activity: 2772
Merit: 1127
October 18, 2021, 03:15:30 PM
If I'm being objective, SOL at this price compared to BNB at about 2.5 times the price, and CAKE at about 12.5% of the price, seems like another TRX 3 years ago. So yes, it should be good to buy now if you're willing to wait 3+ years for the next BTC halving cycle to push alts back up, but I'd rather put money into BTC and wait for that to grow in this rally.
I would say that BTC will not be making "that" much profit. Alts usually have a lot higher returns because bitcoin has such a huge market cap and the smaller coins have a lower cap so they are increasing a lot better. This means that there is a good chance you could literally make 10x while bitcoin makes 2x. I am not saying that SOL will be making 10x in the future neither, I do not know if that will happen or not, I am just guessing that it could do that a lot easier compared to bitcoin.

Yes, they are doing fine and yes there is a chance that it could go up and people are investing into it like they found the gem they are looking for but it has already increased so much which is why I am not sure if that is the one that they should be looking for. I believe that maybe something even lower could be something a lot better in the long run since it would have a longer path to success.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
October 18, 2021, 09:55:45 AM
For the long term the next 3-4 are indeed a good choice to invest in sol, maybe one day sol can compete with ETH in the future and become the next altcoin king. especially now that bitcoin is bullish at the moment, I don't think it's a problem trying to invest in solana with its current value of around $160.

If I'm being objective, SOL at this price compared to BNB at about 2.5 times the price, and CAKE at about 12.5% of the price, seems like another TRX 3 years ago. So yes, it should be good to buy now if you're willing to wait 3+ years for the next BTC halving cycle to push alts back up, but I'd rather put money into BTC and wait for that to grow in this rally.
copper member
Activity: 71
Merit: 0
October 18, 2021, 05:58:09 AM
After you asked the question, the SOL price began to decline. More precisely, the downtrend has been outlined since 9 September. I hope your friends have not invested in Solana and have not experienced disappointment.  Cry
hero member
Activity: 1386
Merit: 731
Leading Crypto Sports Betting & Casino Platform
October 18, 2021, 05:38:40 AM
For me Solana (SOL) is still bullish right now, we have to wait for the right moment and time until SOLANA can go bigger.
i already invested my money on SOLANA since last year, i gained quite enough, but i will wait for 3-4 years ahead so that i can earn as much as possible.
You've chosen a very good coin and right in the last year, and if you have enough patience in terms of waiting for profits, then I'm sure you will get it with a target time that is not completely predictable too, because Solana's journey is also not determined by anyone alone.
sr. member
Activity: 1876
Merit: 259
October 18, 2021, 04:49:37 AM
For me Solana (SOL) is still bullish right now, we have to wait for the right moment and time until SOLANA can go bigger.
i already invested my money on SOLANA since last year, i gained quite enough, but i will wait for 3-4 years ahead so that i can earn as much as possible.

For the long term the next 3-4 are indeed a good choice to invest in sol, maybe one day sol can compete with ETH in the future and become the next altcoin king. especially now that bitcoin is bullish at the moment, I don't think it's a problem trying to invest in solana with its current value of around $160.
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