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Topic: Should you sell ethereum and btc to buy Solana/SOL? - page 2. (Read 499 times)

member
Activity: 252
Merit: 45
The SOL had a nice bullish chart up to $200 but recently it went into a bearish phase again. It is currently hovering around $175. If it can catch resistance at this point, it could see $250 on the first bullish chart.
hero member
Activity: 1260
Merit: 504
They have really said it is running wastefully at this moment, and ought to just get quicker as upgrades are made. I believe it's an easy decision venture thinking about that the majority of the brilliant cash streams in there and the number of colossal financial backers this resource. Perhaps for brokers viewpoint can do short to medium rush to acquire benefits.
sr. member
Activity: 1876
Merit: 318
It all depends on the odds and games in the market. Solana's current movement in my opinion has a good chance for the long term.
Short term can also provide benefits. What I need to say is that Solana is a good coin compared to Dogecoin in terms of investment...

Although Solana is indeed very good for short-term or long-term investments, especially when compared to Dogecoin, Solana is much better than
Dogecoin which has no clear function. But when compared to BTC and ETH, of course Solana still can't beat the performance of BTC and ETH.
That means don't sell the BTC and ETH that we have to be able to buy Solana, that's not a good thing to do. If we want to buy Solana use the extra
money we have, or we can buy Solana from the profits we get from investing in BTC and ETH.
full member
Activity: 1330
Merit: 100
C O M B O
I would hold Ethereum instead of selling to buy Solana, even though Solana is a fantastic coin and the best performance for a year but ETH is an old coin that has the second largest marketcap so it is safe for us to hold long term.

Agreed.

SOL has a lot of potential but a lot of it is unrealized.

Whereas ETH already has an established use case and will continue to be a dominant player in the industry regardless of developments. SOL is also very centralized which is a downside.
For Solana's development team, I think they really need to do something to bring out its potential,
hopefully in the near future or next year they really make it happen and we'll see
hero member
Activity: 2296
Merit: 506
Cryptocasino.com
Good for long term or brief term investment?
Long term, what you have said above totally make sense for me and this project has a long term vision. Solana is also having solid product like its blockchain which has been using by so many developers and communities to develop various dapps that already launched through solanium. Remember solana potentially to surpass binance but it will not happen in a short time. that's why solana must become a long term bet for you. Im still holding all of my solana and i never sell even a few solana since i have been buying this token since last year. This coin has a very strong fundamental and moving your money from ethereum and bitcoin to buy solana may become the best decision. So far the ecosystem of solana is growing rapidly. I see that more and more people are joining in this ecosystem.
legendary
Activity: 2338
Merit: 1354
CoinPoker.com
There is already a lot of alternative with Ethereum right now, one of the most popular is Solana as it is a layer 1 protocol and very unique as it is different from other EVM compatible.

I am also a supporter of Solana since starting of 2021 as I am using most of the platforms under Solana especially their DeFi platforms, yield farming, staking, and NFT platforms. Ethereum for me is for whales only as transaction fees are quite expensive but this does not mean I don't support Ethereum anymore, this is just a temporary problem of Ethereum for me.
hero member
Activity: 2254
Merit: 658
Revolutionized copy gaming platform
Solana could be a unused promising altcoin that outperformed dogecoin to be positioned up to seventh put on CMC. And based on its cost final Admirable 15 2021 it is as it were 44$ and presently its current cost is 157$ based on that super Sonic cost development from 44$ to 157$ for just one months, I think Solana is sweet for brief term venture, what would be your bits of knowledge almost this folks.
Good for long term or brief term investment?

Although that I am holding some Ethereum because I bought it at cheap price below $200 last year, I’m beginning to start being more bullish on Solana. I wish I could have bought more SOL. Transactions are super cheap and fast as well, especially in minting these NFTs.

I missed both Star Atlas and SolChicks in their private and public sale last time. But I am planning to buy their NFTs later on. I’m also exploring Cat Punks and virtual real estate projects under the Solana blockchain. I’ve also participated in the airdrop event of MeanFi DEX under Solana too in which they have an ongoing IDO. Things are looking great for Solana to be honest.

But I won’t sell my ETH for SOL. I’ll just use some of my USDT and mid-term coins to buy SOL instead.
legendary
Activity: 2254
Merit: 1052
Leading Crypto Sports Betting & Casino Platform
Solana could be a unused promising altcoin that outperformed dogecoin to be positioned up to seventh put on CMC. And based on its cost final Admirable 15 2021 it is as it were 44$ and presently its current cost is 157$ based on that super Sonic cost development from 44$ to 157$ for just one months, I think Solana is sweet for brief term venture, what would be your bits of knowledge almost this folks.
Good for long term or brief term investment?
First, according to your subject, I believe it's not out of place if you hold your bitcoin and Ethereum and still buy some Solana, remember that solana is not the only coin that's done well in that time period, so I personally believe it's better to diversify your investment instead of selling one for another, what if the one you sold turns around to perform better than the one you bought with the money made from selling the other? So this is why it's advised to not put all your eggs in one basket, always learn to distribute your investment, be it a long or short term investment, distribute it.
hero member
Activity: 812
Merit: 509
I would hold Ethereum instead of selling to buy Solana, even though Solana is a fantastic coin and the best performance for a year but ETH is an old coin that has the second largest marketcap so it is safe for us to hold long term.

Agreed.

SOL has a lot of potential but a lot of it is unrealized.

Whereas ETH already has an established use case and will continue to be a dominant player in the industry regardless of developments. SOL is also very centralized which is a downside.
hero member
Activity: 2156
Merit: 531
I think ETH will be difficult to grow bigger, the number of big projects switching to other networks will make ETH usage even lower and I have shifted more than 80% of my ETH to MATIC and TRON. and a little for Solana.
We will have to see what happens with ETH from now on, the developers have promised for a long time a way to solve the issues with the fees and so far they have failed, so people are losing faith in them and if this continues then a lot of promising projects that could have made use of the ethereum network are simply going to move to another network, and this is a problem as if some of the best projects do that then the demand for ethereum could suffer a drop and eventually price will drop as well.
so it seems sell ethereum switch to sol is the best choice if considering what you are talking about ,I completely agree ethereum must solve the high fee case if want to be able to always be used by some other projects ,if it continues to be overwritten by fee problems then big of the migration is not in doubt again
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
I think ETH will be difficult to grow bigger, the number of big projects switching to other networks will make ETH usage even lower and I have shifted more than 80% of my ETH to MATIC and TRON. and a little for Solana.
We will have to see what happens with ETH from now on, the developers have promised for a long time a way to solve the issues with the fees and so far they have failed, so people are losing faith in them and if this continues then a lot of promising projects that could have made use of the ethereum network are simply going to move to another network, and this is a problem as if some of the best projects do that then the demand for ethereum could suffer a drop and eventually price will drop as well.
sr. member
Activity: 980
Merit: 250
$CYBERCASH METAVERSE
Lately the Solana ecosystem has grown very rapidly and made the price movement of the SOL coin also experience a high increase in a short time, the Solana coin has indeed become one of the good coins to invest because it is able to provide a large return, but at this time I personally don't think if I have to sell BTC and ETH to put in the SOL coin because I am more trusting and very safe investing with BTC and ETH.
sr. member
Activity: 812
Merit: 349
Solana can't outshine ethereum in investment. BSC and Solana can be running in low fee transactions but that doesn't mean ethereum has lost it all due to their high fee transactions. Let's not forget ethereum 2.0 will soon commence, there is still hope for the issue of a high fee to resolve.
Ethereum remains the peoples choice for long term investment, as for Solana it can be dumped at any time because the majority of her investment is in for quick profits than hodling it for a long term, which can lead to a big price dump.
sr. member
Activity: 1582
Merit: 447
Try to reconsider if you want to sell your Btc/Eth because it is a very valuable asset and not everyone can own it even JP Morgan has predicted that the crypto asset will be able to break through $ 146 thousand next year, but if you wish to have (SOL ) I think it's a good decision because (SOL) is also considered as one of the attractive commodities so it has a strong potential to move higher in 2022. I think we also have to buy (SOL) but by not selling btc/eth what if the coins move together.
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
I don’t think it is better idea to sell Bitcoin and Ethereum to buy Solana (SOL) all crypto-currency market now on Dip. If the price of Bitcoin does not rise again, then the price of any coin will not rise. So at first you should focus on Bitcoin. Bitcoin is father. So i wouldn’t sell Bitcoin for Solana (SOL)
hero member
Activity: 1596
Merit: 502
I would hold Ethereum instead of selling to buy Solana, even though Solana is a fantastic coin and the best performance for a year but ETH is an old coin that has the second largest marketcap so it is safe for us to hold long term.
I agree with your opinion and I think you made the right decision.
Ethereum is the top altcoin and practically every year its price goes up,
so holding on to it will be profitable and apart from that I respect the rest of the decisions
Yes, that will not be a good idea to sell Ethereum and buy Solana. Ethereum will is one of many potential altcoins that will be profitable in the future, while although Solana has the same chance, Solana still needs more time before can do like what Ethereum did. But if those people want to sell their Ethereum to buy Solana, they are free to do that but I hope they will not regret making that decision. Besides that, Solana is still at a low price compared to Ethereum, maybe they need to wait until Ethereum hits the next ATH, then they can sell it to buy Solana.
member
Activity: 630
Merit: 10
I'm certainly not a professional, but I think it's a very bad idea to sell the most current cryptocurrencies, i.e. Bitcoin and Ethereum, today.  But nevertheless, there is an opportunity to invest in other assets.If you trade, then thanks to the income from trading, you can invest in other cryptocurrencies.  This is how I do and buy Defi, like Junca Cash, which in my opinion will be a very effective platform for financial transfers.
sr. member
Activity: 1722
Merit: 309
Leading Crypto Sports Betting & Casino Platform
Why would I sell my holdings on bitcoin and ethereum? When infact I'm already making profits from these two coins for the past years that I'm hodling it. That would be the worst decision ever to be made if I sell it because these coins are also promising like Solana (SOL).
What I would do is to invest/buy Solana to maximize the profits in my portfolio, I don't have to sell anything.
full member
Activity: 854
Merit: 100
Long term it won't matter Solana's a modern day blockchain and it's growing fast, DCA if you believe in the product is what i alway's say price wise who know's but the potential is surely here can't deny that.
full member
Activity: 1890
Merit: 101
1xBit 🏆 │ NotYourKeys.org
Solana could be a unused promising altcoin that outperformed dogecoin to be positioned up to seventh put on CMC. And based on its cost final Admirable 15 2021 it is as it were 44$ and presently its current cost is 157$ based on that super Sonic cost development from 44$ to 157$ for just one months, I think Solana is sweet for brief term venture, what would be your bits of knowledge almost this folks.
Good for long term or brief term investment?
Solana is very good for long term investment. Solana is very popular these days and even buying it at the current price doesn't hurt but if I have btc then I won't sell it for solana but if I have ethereum then I will sell it for solana.
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