Is Solana still bullish now? - page 9.

RealMalatesta

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Quote from: LittlePrinceCat on September 10, 2021, 07:50:54 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?

I imagine that investing into something just as it has already skyrocketed never made sense to me at all. Does that mean that Solana will not go up? Of course not, it could still very much go up, or it may go down, nobody really knows. However irregardless of going up and down, it doesn't make sense to invest into something that shot up so much during the last periods.

I mean yeah sol and ada all made the news because their blockchains are developed in a perfect ecosystem way, and other projects are starting up their projects on sol/ada chain as well, so that is why it made sense. However that doesn't mean that you should invest into something that saw 200+ dollars when it was under 100 bucks just a few weeks ago or so.

GreatArkansas

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Quote from: LittlePrinceCat on September 12, 2021, 12:57:34 AM

It’s dropping now. It seems that all the money pumps into AVAX, then people sell Solana and buy AVAX

Hahaha, I am also thinking this. These Ethereum alternative, L1 chains are starting to make some noise a few months ago as Ethereum still doesn't manage the very high transaction fees.
I am also afraid with the L1 alternative chains as L2 like Arbitrum is starting to make a noise, we all know L2 like Arbitrum is built on top of Ethereum so we still don't what will happen.
But I am also into Solana, TVL on their DeFi platforms are extremely increasing a very huge percentage.

LittlePrinceCat

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It’s dropping now. It seems that all the money pumps into AVAX, then people sell Solana and buy AVAX

irixo10

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Quote from: LittlePrinceCat on September 10, 2021, 07:50:54 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?

If you remember what happened few months ago in the market, the blockchain that lead the hype of Meme tokens was BSC network, and not only that, BSC took a lot of attention from the market thus making a lot of projects to launch on it, and of course the resultant effect is the increasing price of BNB. Now having that in mind, Solana is gradually taking the same path as with BSC network, more projects are coming onboard and those already launched are growing massively with Sol coin, and even to a great extent Sol is leading in the NFT marketplace together with ADA. Therefore, in my own opinion, Solana still have more room to grow, we are not done with NFT yet and moreover, studying upcoming projects nowadays, you will see a lot of are launching on Solana, this will also contribute in making Sol coin more valuable.
Generally, the crypto market is not in a good shape and Sol coin is not left out.

SquallLeonhart

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Quote from: rhomelmabini on September 11, 2021, 04:11:39 AM

Quote from: LittlePrinceCat on September 11, 2021, 03:27:11 AM

Why do most investors believe that solana still worth to invest?

Because people pay attention to it, they use Solana and they think it's the Ethereum killer - the hype so they say. It's fairly subjective on all individuals believing that it still has the potential or worth it but Solana I think has proven it in the past weeks, it's getting stronger.

Those "ethereum killer" things never made sense to me. Like lets assume Solana reaches to 10k one day, couldn't that mean ethereum is at 100k and bitcoin is at 1 million? Like is it a must that in order for solana to be 1k, ethereum must go under 500 or something like that? Do we have to see solana become second biggest? Do we have to see ethereum go down? Can't we have both of them going 10x at the same time? Why must something be lower in order for the other thing to go higher?

I believe solana is not ethereum killer, I believe solana is a good coin all by itself, and it is highly ranked, and when the market goes up a lot, then the price of solana will go up a lot as well. That is exactly how it will be too, just watch the market and you will realize that Solana price will go up with the market, not too much different neither, not like eth will go up 10% and solana will be x2, that did happen before but won't happen again, it will be close to market increase and decreases.

Bonenx14

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Quote from: monineklutak on September 11, 2021, 03:29:50 AM

So far if we look at the development of Solana it is really extraordinary,
I hope so too and if Solana's development can be consistent like this it is not impossible that Solana can reach above $500,
The most important thing for now is to just keep up with the developments

Not only follow the development of Solana, but use a little money to buy it at this time, because in general Solana is very good and deserves to be bought by everyone, moreover, the potential for a price increase on Solana also looks very big to happen this year.

arifteguhr

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Quote from: LittlePrinceCat on September 11, 2021, 03:27:11 AM

Why do most investors believe that solana still worth to invest?

Because the potential and fans for Solana are still very large and the potential for the pump that will happen to Solana when the next Bullrun comes is also still very large, so it is because of that possibility that investors still believe in Solana at this time.

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Quote from: LittlePrinceCat on September 11, 2021, 03:27:11 AM

Quote from: asus09 on September 11, 2021, 02:37:11 AM

Solana still hype coin maybe and keep bullish right now or few weeks later, maybe I predict solana coin can raise above $500 in few weeks only because they got support from many investor, bitcoin dumped today but Solana keep stay on stable price and not care what happen with bitcoin price. They have many stronger support from investor keep trusted as Solana coin best investment and price always raise up.

Why do most investors believe that solana still worth to invest?

Because people pay attention to it, they use Solana and they think it's the Ethereum killer - the hype so they say. It's fairly subjective on all individuals believing that it still has the potential or worth it but Solana I think has proven it in the past weeks, it's getting stronger.

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Quote from: asus09 on September 11, 2021, 02:37:11 AM

Solana still hype coin maybe and keep bullish right now or few weeks later, maybe I predict solana coin can raise above $500 in few weeks only because they got support from many investor, bitcoin dumped today but Solana keep stay on stable price and not care what happen with bitcoin price. They have many stronger support from investor keep trusted as Solana coin best investment and price always raise up.

So far if we look at the development of Solana it is really extraordinary,
I hope so too and if Solana's development can be consistent like this it is not impossible that Solana can reach above $500,
The most important thing for now is to just keep up with the developments

LittlePrinceCat

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Quote from: asus09 on September 11, 2021, 02:37:11 AM

Solana still hype coin maybe and keep bullish right now or few weeks later, maybe I predict solana coin can raise above $500 in few weeks only because they got support from many investor, bitcoin dumped today but Solana keep stay on stable price and not care what happen with bitcoin price. They have many stronger support from investor keep trusted as Solana coin best investment and price always raise up.

Why do most investors believe that solana still worth to invest?

asus09

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Solana still hype coin maybe and keep bullish right now or few weeks later, maybe I predict solana coin can raise above $500 in few weeks only because they got support from many investor, bitcoin dumped today but Solana keep stay on stable price and not care what happen with bitcoin price. They have many stronger support from investor keep trusted as Solana coin best investment and price always raise up.

Jercyhora2

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It’s not a good idea to go even further into SOL. Let's assume that it's not even finished with the lift but it won't be that much to earn there just in case. I really planned to buy that in the first place, but I wouldn't buy a coin with such a high price especially and I'll just hold on to it for a long time. But if you're looking for a quick income, maybe it's still possible that you shouldn't handle it for a long time. You need to sell it immediately before reversal happens.

naikturun

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after the current month's correction ends and the market starts to rise again, solana will reach a new ath on the next bullish run. but if you are in doubt it might be possible to buy a coin that has not reached ath or has gone up at all before, there may be a higher increase than other coins but in the end the market decides what happens.

gaston castano

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I think it's just a correction after the overbuy a few days ago and also the moment is right with the decline in market conditions but as you can see some coins can still rise significantly and this may also look strange, all koibs should follow btc price movements.

suryogandul

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Quote from: LittlePrinceCat on September 10, 2021, 07:50:54 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?

the solana market will keep going for a long time, but the hype right now is huge. maybe people will put their money into solana in the near future. I think the bear market is still a long way off because the time lag between bull and bear markets usually takes time.

Luqman

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Quote from: LittlePrinceCat on September 10, 2021, 07:50:54 AM

some people think that today is the end of the bull market of Solana.

Who say today is the end of SOL bullish? No one really knows when the end of bullish a crypto coin, it depends on the demand on the market. Those people just predict that after SOL increased significantly in the last few days, then there will be a correction. But a correction doesn't mean the end of bullish, it can be the beginning of the next bigger pump. Just check how the people's interest in SOL, if the demand is still high, don't be afraid to buy SOL.

blockman

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Quote from: asus09 on September 10, 2021, 11:49:52 AM

Quote from: blockman on September 10, 2021, 11:47:05 AM

Quote from: LittlePrinceCat on September 10, 2021, 07:50:54 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?

We don't know and we cannot tell. When a coin is on its ATH and then a sudden crash happens, it's for you to decide if it will go back there quickly.
People are always like this, they only invest when the price of a certain coin is already high and they're forgetting that when the price of this coin was too cheap, they were never interested in buying it.
Everyone should learn from this experience that to buy when it is still cheap and you believe in this coin.

But have chance for solana back to higher price but we can't give more expectation with higher price because when bitcoin dump have chance solana back to higher, exactly solana coin have raise very higher price and touch with all time high. Now better waiting and buy with lower price maybe solaan will dump shortly and you need wait if try to buy solana coin.

Chance will be there no matter what because it's still a cryptocurrency and very volatile. So if you're too late for the party, you'll think about it and it's up to you if you're going to buy some more of it. What has happened will happen again but if it's about its bullishness going to continue and will reach a higher price than $200, we don't know that for sure. But as long as you know things about it and what the devs are working, you'll be proud to hold it and you're confident that it will be back at the highest that it made.

Marble777

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according to my personal analysis solana still has the opportunity to increase the price again, especially at yesterday's ATH rate. Currently the price of solana has decreased -4% in the last 24 hours, this is a good opportunity for you if you want to buy it. in this week's target I think solana can go up at least +6% - 10%. the rest depends on your beliefs.

gabbie2010

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Quote from: sayam on September 10, 2021, 01:57:26 PM

Not only bullish but very fast Solana will cross the 500$ mark. There is no reason for the price of SOL to go down from here rather, the rate at which new tokens come on the Solana platform will merely increase the price of SOL.

Solana bullish sentiment had subsided yesterday even today and had already gone down however I believe it price is undergoing minor correction and ready to resume the bullish sentiment watch out for it Price Action before buying, I don't agree that the price will hit $500 price mark soon however tt might take some time to reach that price provided that the bullish sentiment is sustained and it developers relentless efforts in upgrading it which will attract more investors

sayam

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Not only bullish but very fast Solana will cross the 500$ mark. There is no reason for the price of SOL to go down from here rather, the rate at which new tokens come on the Solana platform will merely increase the price of SOL.

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