SOL is already $144, can still buy it? - page 6.

MusaMohamed

sr. member

Activity: 882

Merit: 290

Quote from: adzino on September 03, 2021, 07:11:04 PM

Don't FOMO and invest. If you are thinking about investing because you believe that it is a really good project, then go ahead and invest as much as you can. Even if the price crashes and you hold for long term, you will likely make some good profit. But only invest what you can afford to lose. The price of Solana after reaching $130 USD the other day, crashed down to as low as $100 USD. Some people started to panic sell. Those who bought at the ATH started to regret. Others held on their bags. Look at the price now. Its higher than before. But don't forget to do your own research. Do you think Solana will still be relevant when Eth 2.0 upgrade goes live? Do you think the ETH sharding update will make Solana obsolete?

Solana is a new project and new project is always easily hyped like that. They try to seed that they are game-changers will will bring a technical evolution. Their projects will be better than old projects. Many promise and newbies see potential for investment from developer promise.

The market does not change and people don't change. They are greed when they should be fearful. With Solana, they should be careful and fearful now.

Buy the rumors, sell the news. They forget to practice it too.

I agree with your precious advice for newbies.

Hasan986

full member

Activity: 416

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I don't think your purchase will be right now. If you notice a little better, you will see. Many projects are currently being launched in the Sol chain which is a maximum success. If the scammers take advantage of this, it will have an impact on Sol. Also it will be a correction due to growing very fast. It can go down to 80-100$ again.

adzino

copper member

Activity: 2968

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www.Crypto.Games: Multiple coins, multiple games

Don't FOMO and invest. If you are thinking about investing because you believe that it is a really good project, then go ahead and invest as much as you can. Even if the price crashes and you hold for long term, you will likely make some good profit. But only invest what you can afford to lose. The price of Solana after reaching $130 USD the other day, crashed down to as low as $100 USD. Some people started to panic sell. Those who bought at the ATH started to regret. Others held on their bags. Look at the price now. Its higher than before. But don't forget to do your own research. Do you think Solana will still be relevant when Eth 2.0 upgrade goes live? Do you think the ETH sharding update will make Solana obsolete?

isabellel2

jr. member

Activity: 187

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Quote from: Dharmmie on September 03, 2021, 03:43:37 AM

Unbelievable,

SOL was only $1 last year, now is $144

It is 144 times that of a year

Can I still buy it? Which is next one?

I don't think so as the price of SOL is quite high right now and the total market cap of SOL is now over $42 billion, if you go in and buy them now it will be very difficult for you to determine the direction of SOL up or down. . , you need to look closely at current cap and value if you buy, Wait or watch out for a more valuable coin in the future eg polkadot , near ...

Hypnosis00

sr. member

Activity: 2338

Merit: 338

Quote from: Dharmmie on September 03, 2021, 03:43:37 AM

Can I still buy it? Which is next one?

Yes, of course, but don't mind about the risk of buying during the hypes, not know if it dumps after or it continues to move high. Iy you but today isn't sure you will get a profit, if that you have spotted this before it turns green, that is really the best time to buy. But as SOL in the rally, that meant so hard and it is really a risk-taking decision.

However, if you have felt it, it was your decision. I'm just giving some possible insights that be going to happen to you but I think it wasn't regretting enough since you are the one who made the decision unlike if someone did it.

kawetsriyanto

legendary

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The current SOL ATH is about $145, not recommended to buy at $144. I believe the price will have a correction in the near future. It is normal that a crypto coin to experience a correction after reaching its new ATH. If you really want to buy SOL, just wait for its correction and buy at the next dip. But don't forget to always check Solana daily news and crypto market condition. SOL price can have a big chance to continue growing if there will be positive news or upcoming programs/events on Solana projects. But it will be always influenced by Bitcoin price and market situation.

Sanitough

hero member

Activity: 2828

Merit: 673

Quote from: seleme on September 03, 2021, 05:21:04 PM

It doesn't worth buying it now, better to wait for the reversal on the trend then join the bulls. Otherwise, the market can go down for a while your trade positions will be underwater. Other altcoins have a similar market performance but it is too late to catch the train in the bull season, IMHO.

What we are witnessing is a bull season part 2 already, we will witness some crazy movements and we should not follow the trend to buy if we are not playing it for short term, buying during the bull run is very risky, it requires deep knowledge so you can also sell it at a profit, and that requires timing.

the price was just over a dollar this year, so this has already increased 100t times, think how risky to ride with it.
check the YTD chart. https://coinmarketcap.com/currencies/solana/

Valak

full member

Activity: 743

Merit: 110

Quote from: Dharmmie on September 03, 2021, 03:43:37 AM

Unbelievable,

SOL was only $1 last year, now is $144

It is 144 times that of a year

Can I still buy it? Which is next one?

New coins with a developed blockchain system will undergo changes faster than the previous coins. SOL is already in 7th place on Coinmarketcap. While the previous coins with the blockchain system are far from expectations. I think SOL will hit $200 by the end of the year.

seleme

legendary

Activity: 2772

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Duelbits.com

It doesn't worth buying it now, better to wait for the reversal on the trend then join the bulls. Otherwise, the market can go down for a while your trade positions will be underwater. Other altcoins have a similar market performance but it is too late to catch the train in the bull season, IMHO. Waiting for the trend reversal is the best thing to do at the moment, otherwise, we are supposed to but on the top and get REKT. Trading smart requires patience and we have to be careful buying on the trendind markets.

AmoreJaz

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Leading Crypto Sports Betting & Casino Platform

Quote from: erep on September 03, 2021, 02:22:27 PM

Quote from: laredo7mm on September 03, 2021, 11:30:42 AM

SOL already made a massive pump of 60000% till now and still trending in the crypto space. I think right now it's risky to do an entry so it will be better to wait for another correction. If you still want to invest right now then it will be better to buy in parts. So if the correction happens again buy the dip. This way your average will be slightly lower than your first entry price.

Actually it can be traded in the short term but must have very large funds, if the funds invested are less than $ 1k it is better to wait for the market correction even if there is no immediate correction then be patient when the price drops back to $100, the key to profit in trading is patience and analysis market.

scalping is nice if you have good amount of funds. but if not, you really have to contemplate here because you have no clue if this is the peak or not. but since nft and defi are still selling like hotcakes these days, the chance of profiting is still high. however, if you will seriously venture into this network, make sure you have done your risk assessment and not just reading someone else's opinion.

irsada

full member

Activity: 994

Merit: 117

Dyor man, I know solona got this price not because it was manipulated by people like Elonmusk like Doge, this is purely a good growth because there are conveniences made by solona for defi and nft which are currently hot in the market compared to their predecessors.

kokrokok

member

Activity: 447

Merit: 11

Koinomo

yes solana is really amazing and I may be one of the lucky ones because I bought it when the price was $22 but with the current increase I suggest you be a little patient to buy it until solana finishes correction

omone1

member

Activity: 843

Merit: 52

People must be cautious of the price they buy an already pumped asset. I bought few Sol and will likely sell off at $180 and $200 respectively. It's pumping because of NFT and DEFi, people love fast and cheap Blockchain.

cryptoknows

jr. member

Activity: 277

Merit: 5

Quote from: Dharmmie on September 03, 2021, 03:43:37 AM

Unbelievable,

SOL was only $1 last year, now is $144

It is 144 times that of a year

Can I still buy it? Which is next one?

Take a look at the Near Protocol project. Technological solutions are almost the same and today it was top 1 on CMC due to the release of 4x farm on defi within the ecosystem. It makes sense to invest in Sol now, but Near's capitalization is much lower and the potential for growth is higher, so it's worth taking a closer look at its technological solutions, perhaps this is exactly what you are looking for

erep

hero member

Activity: 2282

Merit: 589

Quote from: laredo7mm on September 03, 2021, 11:30:42 AM

SOL already made a massive pump of 60000% till now and still trending in the crypto space. I think right now it's risky to do an entry so it will be better to wait for another correction. If you still want to invest right now then it will be better to buy in parts. So if the correction happens again buy the dip. This way your average will be slightly lower than your first entry price.

Actually it can be traded in the short term but must have very large funds, if the funds invested are less than $ 1k it is better to wait for the market correction even if there is no immediate correction then be patient when the price drops back to $100, the key to profit in trading is patience and analysis market.

blockman

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Activity: 2940

Merit: 627

Vave.com - Crypto Casino

Quote from: doseofeth on September 03, 2021, 06:38:24 AM

Quote from: blockman on September 03, 2021, 06:09:19 AM

Truly unbelievable, I thought that after reaching $111+ then it will start to correct. But it seems that it doesn't look like it will be correct anytime. I'll be careful to myself and won't be buying at the top and I won't feel sorry even if I refuse to buy then suddenly it has pumped again.
You can still buy it if you want too but be wary about the possible dump and if we can know what will be the next solana that has this tremendous dump within a year then we have already bought a lot of it but sadly, we cannot know.

We are living some interesting times, that's for sure

Yeah, it is interesting to see such a good move from Solana and I'm sure that everyone is expecting it to be down. And those people that hold it, I guess they've done it well holding the coin.
Those who bought during in-between of the pump, they also did well for managing and resisting the temptation of selling earlier because if they do, they won't be able to see this high that sol makes.

Fesatmas

sr. member

Activity: 2268

Merit: 275

Here we can see how great the people behind Solana are who quickly grabbed all the attention and aroused a special passion. It's hard to get into Solana price which is currently soaring quite high. The impetus for the project this time was no less great. In fact, some of Solana's projects have been successful in the market and have attracted many outside investors.
You can buy it, but wait a minute since it's still Bullish season for altcoins, it's likely that after Solana high price there will be some sort of dump to get some fresh air. Be careful because this is a trend.

Raflesia

hero member

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Merit: 560

_""""Duelbits""""_

Quote from: Little Mouse on September 03, 2021, 01:11:38 PM

I think the hype is over now and it's very risky to take entry at this position. You know there's all time saying, "never buy the ATH." I have been closely looking at Solana for the last few days and people seems taking it as the new ETH and thinking it as the same of replacing ETH which couple of months back people forecasted for DOT. The truth is none can beat ETH. As long as the hype is there, it will pump. And I believe the SOL hype is over now and taking a long position is very risky.

Don't be provoked by FOMO at a time like this because winning is a bit tempting to see Solana's movements are so fast in the last few days, so I think we wait for the correction to place a position to buy it because the hype will always cause a lot of anxiety for weak-handed investors if buying has been done. achieving ATH obviously this would be risky.

But I'm sure Solana can make up for much more than this and become a developed ecosystem but I don't think it's right that the movement has crossed the line so I think we'll have to wait a bit.

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: Pulsar77 on September 03, 2021, 10:25:34 AM

It is really insane to see Solana price reaching 144 times of the level in last year. And I still think that it is capable of reaching a higher level in the future. If we see a bull run in this year also, then I strongly believe that Solana will be effected nicely by this. Solana was launched in March 2020 and look where it is now! It is a really promising project that's for sure. And we need more projects like this in the market rather than poor ones.

Have to find the reason you'll going to invest into something, if you believe it will continue to
pump buying and storing will allow you to benefits from this coin.
But, the rally also has correction ahead you need to make sure that you will work
it out and overcome fears when a sudden fall takes place.

It's always great to see coin moving like this those who invest and trust this coin are now enjoying
those huge profits that this project bring to their table.

laredo7mm

hero member

Activity: 1498

Merit: 537

Quote from: Dharmmie on September 03, 2021, 03:43:37 AM

Unbelievable,

SOL was only $1 last year, now is $144

It is 144 times that of a year

Can I still buy it? Which is next one?

SOL already made a massive pump of 60000% till now and still trending in the crypto space. I think right now it's risky to do an entry so it will be better to wait for another correction. If you still want to invest right now then it will be better to buy in parts. So if the correction happens again buy the dip. This way your average will be slightly lower than your first entry price.

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