Should you sell ethereum and btc to buy Solana/SOL? - page 8.

RealMalatesta

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Quote from: cafee_orange on September 16, 2021, 06:34:10 AM

like the previous incident that happened to Dogecoin, the price changes up to 300% in an instant. are most people interested in dogecoin?? of course the answer is YES. So is Solana! I myself will be more consistent in saving ethereum and bitcoin for now and will not sell my assets to buy solana. I am not affected by the price movement of the solana token even though it is ranked seventh on coinmarketcap.

There is a big difference between solana and dogecoin. Dogecoin is a useless and technically worthless coin that was made as a joke and for some reason on this year people started to buy it like it worths anything and can do anything, which it can't. At the end of the day we are talking about something much different with Solana, there is actually an idea behind it, a tech that supports it and a great roadmap that if actually happens could turn it into something major.

I am not saying buy solana or don't buy doge or anything like that, in crypto world anything could go up or down and it all depends on what community feels like, ADA for example is thirdly rank on what it could be and not what it is. All I am saying is that doge and solana are two very different things that nobody could be comparing them two for what they are, only what people think about them.

matchi2011

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Quote from: mksundip on September 16, 2021, 01:08:06 PM

Quote from: ?? on ??

Have you seen the improvement they got done throughout the previous few months? I don't figure we can say its wouldn't keep going for long haul. At the point when it goes up individuals take benefits and put it into different tasks causing all the other things to go up. At the point when it goes down individuals offer different coins to purchase Bitcoin in light of the fact that it's the safe long haul bet.

although it can not last long but solana still has the potential to have short-term profits. Like ping pong ball, I also feel unsure if I'm in Solana long term because it's too risky. maybe if in the future solana is able to prove if it is feasible for the long term I think it can be calculated to have more solana

If you have doubt like that, better to stay with short-term trade, very possible with SOL the market movements is really for
scalpers, you can buy low and sell high in a much shorter period.
It's something that you can play in the market and keep rinse over and over. Same with how scalpers are doing with
XRP, close gaps with buy and sell orders gives opportunities but keep in mind that in same opportunities also carried with
the same risk. In a short span you can also burn your investment..

Sayeds56

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Quote from: MiF on September 14, 2021, 10:36:19 PM

Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?

I think there is lot of hype of Solana in the market but day before yesterday their network was shut down for more than 16 Hrs. because of overload of transactions and its price slided more than 15% asa result of this outage. I don't think Solana is replacement of Ethereum or Bitcoin , it is too early to rate Solana so high and buy it and sell everything else. Bitcoin and Ethereum have established their credibility over a long period time and I believe they continue maintaining their position in crypto space and it won't be easy to challenge their top ranks.

Smitty Werben Man Jensen

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Quote from: mksundip on September 16, 2021, 01:08:06 PM

Quote from: ?? on ??

Have you seen the improvement they got done throughout the previous few months? I don't figure we can say its wouldn't keep going for long haul. At the point when it goes up individuals take benefits and put it into different tasks causing all the other things to go up. At the point when it goes down individuals offer different coins to purchase Bitcoin in light of the fact that it's the safe long haul bet.

although it can not last long but solana still has the potential to have short-term profits. Like ping pong ball, I also feel unsure if I'm in Solana long term because it's too risky. maybe if in the future solana is able to prove if it is feasible for the long term I think it can be calculated to have more solana

I think we need to take the risk and believe Solana will be profitable in the long run,
Of course when talking about risk, it will always be there and it all depends on each person's decision,
So far seeing Solana's progress is pretty good and hope it lasts for a long time

Devifajarina

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Quote from: MiF on September 14, 2021, 10:36:19 PM

Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?

When compared to Dogecoin, Solana has more good prospects in the future, both short term and long term, Solana has good stability in the market in a few months, compared to Dogecoin which does not have any movement at this time, the difference is that Dogecoin is rising rapidly in selling price and down so fast too, solana has stability in the current price movement, I think solana is worth investing in in the future or now.

mksundip

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Quote from: ?? on ??

Have you seen the improvement they got done throughout the previous few months? I don't figure we can say its wouldn't keep going for long haul. At the point when it goes up individuals take benefits and put it into different tasks causing all the other things to go up. At the point when it goes down individuals offer different coins to purchase Bitcoin in light of the fact that it's the safe long haul bet.

although it can not last long but solana still has the potential to have short-term profits. Like ping pong ball, I also feel unsure if I'm in Solana long term because it's too risky. maybe if in the future solana is able to prove if it is feasible for the long term I think it can be calculated to have more solana

ilovealtcoins

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No, let's get into serious projects on Solana instead of buying SOL (coins).
Solana has recently peaked in capitalization and has an RSI divergence. One point of note is that Solana's mainnet crashed for 12 hours because there were too many transactions happening. That's also what I was thinking when looking at this project. The way to sort data recursively with 'Proof of History' is the weak point of the project, blockchain will get heavier and heavier. It is very difficult to operate a node on Solana because the data size is too large. System hardware often cannot guarantee the operation of such a node.
Solana's ecosystem has raised big money, so let's focus on new projects on Solana instead of SOL.

GatotKaca

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Quote from: cryp24x on September 16, 2021, 12:34:01 PM

Quote from: MiF on September 14, 2021, 10:36:19 PM

Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?

I had no doubt about in Solana, in fact, I hold this coin to hold in the long term. Because I saw it has a great future here in crypto space.
And I know that I know a lot of the community here as well are holding solana for the better future holdings that can give a nice savings. Have you check Matic, Busd, Dot, and link? these are also good for long term dude.

the pump that SOL shows is good indeed. and adoption for new projects is always there. and the success of the IDO made the community grow very fast.
there is a high chance that SOL will be very expensive in the future. just look at how BNB and ETH got started in the crypto market. everything from the ground up and shows a good long term project. I think SOL will be like that too.

cryp24x

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Quote from: MiF on September 14, 2021, 10:36:19 PM

Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?

I had no doubt about in Solana, in fact, I hold this coin to hold in the long term. Because I saw it has a great future here in crypto space.
And I know that I know a lot of the community here as well are holding solana for the better future holdings that can give a nice savings. Have you check Matic, Busd, Dot, and link? these are also good for long term dude.

LimLims

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Quote from: MiF on September 14, 2021, 10:36:19 PM

Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?

Solana is a good coin for quick investment.
As an investor i will definitely buy it and invest on it.
But yes coming to the title of the OP, I won’t sell my ETH or BTC for buying this.
I will continue holding my BTC and ETH as long as i can. Yes if i have some extra funds and some little time to make quick profits, then i can go for Solana.
Till now Solana has done pretty good results, wish it will keep doing the same.

seramania

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Quote from: MiF on September 14, 2021, 10:36:19 PM

Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?

I see solana's progress this month very well, experiencing fantastic graphics. if you have to sell a valuable asset like bitcoin or ethereum and risk solana it might be too risky. however, if it's on a small scale it's not a problem. let's say selling 5% bitcoin and 10% ethereum to buy solana is good. as long as you have to always monitor the development of the price of solana and determine the target for solana so that the profit can be more than the bitcoin or ethereum being sold.

worle1bm

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Quote from: MiF on September 14, 2021, 10:36:19 PM

Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?

It has also gone to $194 also at the peak prices and this jan the prices were low and SOL is emerging as the one of the best coin but i would not suggest you exchange it for btc but for ETH you can surely go for and invest in SOL but nothing is guaranteed in this volatile market like with it's blockchain going offline the prices went down to $140 and lower also and many could have panicked out this time but for long term you can have your hands on it and gain profits in long run.

geegaw

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Quote from: jakdanyel on September 16, 2021, 05:11:30 AM

You don't need to sell your BTC and ETH to buy Solana. And I think that you shouldn't do such thing also. You can miss a big opportunity in BTC and ETH in that case. I would recommend you to keep your coins for a long time period. And you buy some Solana in addition to them. If you don't have enough funds, then you should be a little patient and then make an investment into it.

Well, Sol's rally was running pretty strong, the ecosystem seemed to have had a bit of a hiccup but then quickly finalized the edit and with information like that, a lot of people really have the mindset to cut losses and take profits on a few assets without increasing prices to move to Sol with opportunity nurturing. However, it should be envisioned that other assets that have not yet had a strong wave have more opportunities, instead of Sol, which has increased in price before, ethereum and bitcoin are quite strong in the long run rather than an instant flash

gurunanakji777

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Solana rose very aggressively in the last month so I am a little doubtful whether it will continue to rise like this in short term. I would say Solana is good for the long term in my opinion but on the contrary, for me, Ethereum is evergreen one can buy Ethereum anytime and I would never advise anyone to sell Ethereum for Solana.

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Quote from: herizal85 on September 15, 2021, 11:52:50 PM

If solana is indeed promising for short-term investment I think why not, but is it not better to invest in bitcoin or ethereum only. And if you really want to get a quick profit, yes, solana is the solution.

But the problem is Solana already reaches the highest price and now, the price is down so we do not know if Solana can still increase and hit the next highest price or it will still stay at the current price. But if you want to gamble with your money, you can try selling some Ethereum to buy Solana but make sure you can buy Solana at a low price as the price is now trying to increase following bitcoin price. Otherwise, you can still hold your Ethereum and search for the other profit so you can buy Solana without selling your Ethereum.

fileo

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Solana is really a good investment whether for short or long term depends on what your plans. I am confident that Solana will become more expensive in the course of time due to its ability and helpful use case in daily basis. Sol is another important project in crypto ecosystem.

OrangeII

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Quote from: MiF on September 14, 2021, 10:36:19 PM

Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?

IMO, we can't say that this is good for the short term. if you look at last year's SOL 1 chart, you will see the movement that it takes time to go up high. maybe august is the start of its upside and that makes us think that it's pretty good for the short term. however, for popular coins like SOL, I might prefer to hold on to the long term over the short term. other than that, the potential of BTC and ethereum is also quite good. if I had it, I wouldn't sell it for SOL. if you are interested in SOL, then create your own portfolio without selling your popular coins. After all, having a principal like "don't put everything in 1 basket" will keep you from losing big because of 1 coin.

cafee_orange

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Quote from: MiF on September 14, 2021, 10:36:19 PM

Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?

like the previous incident that happened to Dogecoin, the price changes up to 300% in an instant. are most people interested in dogecoin?? of course the answer is YES. So is Solana! I myself will be more consistent in saving ethereum and bitcoin for now and will not sell my assets to buy solana. I am not affected by the price movement of the solana token even though it is ranked seventh on coinmarketcap.

imstillthebest

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Quote from: 7788bitcoin on September 16, 2021, 05:40:47 AM

Quote from: imstillthebest on September 16, 2021, 05:23:47 AM

..

Not sure how you made a comparison between solano and Dogecoin . Will i be selling Bitcoin and Ethereum to purchase Solano, hell no there is no way i am going to do that.

hi thanks for replying , i came up with such comparison after reading whats written in the op .
correction , thats not solano but it was solana .
your not selling your btc and eth for solana but are you willing to buy solana using your fiat or other coins aside from btc and eth ? thats im going to do instead because solana is also a hot coin right now and can be a good addition to build a solid portfolio .

mamesso

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Solana was only launched 18 months ago and is already in the 7th position as the coin with the largest market capitalization of the world crypto exchange (CMC). Solana has shown a very good performance over the past few weeks, thus making Solana price rise sharply in a short time, Solana was able to move up from $44 to $159 (Price was taken when this post was made). This achievement is very good because Solana is still a newcomer to the crypto market.

Based on the graph below, there is no doubt whatsoever for me to say SOL is a very good investment for the long term. Today the price of SOL is at its highest level.

So far SOLANA is still in coin inflation stage, This inflation could make SOLANA prices a little bit hampered to increase even higher, but if the demand in the market is greater than before, The price of SOL will be very difficult to contain. Currently, there are around 207 million SOL that have not been issued. For more details, please visit this site: explorer.solana

Topic: Should you sell ethereum and btc to buy Solana/SOL? - page 8. (Read 1092 times)