Solana - Is it still good to buy or it's FOMO - page 4.

onecall123

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Quote from: peter0425 on December 27, 2023, 12:30:04 AM

Quote from: cakravothy on December 25, 2023, 02:21:14 PM

solana price has risen very high from its lowest price, and it is probably not the right time to buy because the increase is no longer significant to make a big profit.
if you want to buy it's better to wait for the price to decline first or correct the price first because next year the halving price of almost all coins will definitely go up again.

but still not breaking the ATH means there is just a small good act from supporters and investors 110 dollars is still something low for the ATH but maybe there is something coming in the bull market and not just now.
so waiting for sometimes is not that bad anyway because for sure as a good project like SOL will always have that good ups.

That's true! SOL chart seems bullish in my opinion. I hope it goes crazy, but it doesn't seem like it's happening right now. If you're looking at the next bull run, SOL has more room to grow, and it's not a bad move to wait for it. If your main interest is gains, SOL obviously has more upside in that regard.
And those are looking for faster gains, focus on fundamentals and the value versus the return.

rodskee

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Quote from: cakravothy on December 25, 2023, 02:21:14 PM

solana price has risen very high from its lowest price, and it is probably not the right time to buy because the increase is no longer significant to make a big profit.
if you want to buy it's better to wait for the price to decline first or correct the price first because next year the halving price of almost all coins will definitely go up again.

from the ATH recorded like this back 2 years ago seems like Solana is moving
high in the last 3 months of the year

All-time high
Nov 07, 2021 (2 years ago)
$260.06

that is so much higher than what is the value now so i believe that we are
not seeing any "Very High from its Lowest Price"

Sebas.tian

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You can buy to be part of those that will make a huge amount of income from their Solana investment, because you will achieve a lot of income that will encourage you to invest in Solana again when the bearish season appear in the market. Many investors never believe that the price of Solana will reach $200 but the price has increased above $200 which there is a hope that the price will reach $300 before the end of next year for long term investors and short term investors to experience another bullish season that will increase their income. Since the price of Solana is still low $250, I think the price will definitely change hand before the end of this December for holders to remain calm till the bullish market will Start flowing in the market.

peter0425

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Quote from: cakravothy on December 25, 2023, 02:21:14 PM

solana price has risen very high from its lowest price, and it is probably not the right time to buy because the increase is no longer significant to make a big profit.
if you want to buy it's better to wait for the price to decline first or correct the price first because next year the halving price of almost all coins will definitely go up again.

but still not breaking the ATH means there is just a small good act from supporters and investors 110 dollars is still something low for the ATH but maybe there is something coming in the bull market and not just now.
so waiting for sometimes is not that bad anyway because for sure as a good project like SOL will always have that good ups.

shinratensei_

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Quote from: o48o on December 25, 2023, 08:21:25 AM

Quote from: kentrolla on December 20, 2023, 02:49:06 PM

Solana has been in rally for a while as lot of speculations and news around it and new tokens on it's ecosystem has been credited for it's rally, shall we consider this as beginning and is it a good time to take entry? Someone new to crypto would say "Yes" but those who has been here for a while would be hesitant because we have seen SOL rising from $15 to $259 and then witnessed the downfall as well to less than $8.

I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.

No one knows. But we can present theories on where we are. Most bullish scenario to me is that to me this looks like first leg that isn't even finished yet as there has been no retrace yet, and there will be 2 more (B & C) coming (if you believe in elliot wave principle that is). This one could go as high as ath imho. This scenario makes my skin growl as i was playing with sol nfts when it was $20 and less.

But that would mean we are heading towards altcoin season so big, we have not seen anything like it before. As classically wave 3 is the largest. But i am saying big in terms of in flowing money, not in necessarily terms of gains.

that'd be good surprise if that truly occurring, i was so hesitant in investing solana i missed great opportunity but even if solana has the chance of reaching its all time high again i would still hesitate, right now im choosing other altcoin for the sake of not missing opportunity in the time when the bullrun, which is the biggest wave finally coming and all the altcoin are gonna be pumping so hard.
right now it seems majority of coin are just gaining some opportunity to recover back a little bit from the bottom price, there are still plenty of opportunities meanwhile with solana its already 10 times of bottom price this year.
I guess i would try to find the second solana that might have as much increase but surely its not gonna be easy since most of the coin out there will definitely have less potential than solana.
im also waiting for matic, sui and so on to breakthrough in the next big wave.

milewilda

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Quote from: kentrolla on December 20, 2023, 02:49:06 PM

Solana has been in rally for a while as lot of speculations and news around it and new tokens on it's ecosystem has been credited for it's rally, shall we consider this as beginning and is it a good time to take entry? Someone new to crypto would say "Yes" but those who has been here for a while would be hesitant because we have seen SOL rising from $15 to $259 and then witnessed the downfall as well to less than $8.

I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.

If we do speak about utility and overall characteristic then i could say that Solana is really indeed a good coin or project. Cheap fees and fast transactions on which it is something more better than ETH.
For those who had been able to make investment or entry point back in January 2023 then they are 10x of their investment now or even higher. No one had expected out on what SOL did. For those who had
been able to trust up this project and make out some investment then they are really making money now and on the current price and since we arent that still yet on bull run then we can say
that we can still make profits if ever we do tend to enter now but well its up to someones personal choice on which projects they would be investing.

Getting FOMO? It would be always best that this one would be applied on good project or to those who are sitting on the top. We cant really be still be able to sure
on how far it would go and we are still early. Even memecoins on solana chain are flying like hell.

batang_bitcoin

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Quote from: poodle63 on December 25, 2023, 07:01:31 PM

Quote from: batang_bitcoin on December 25, 2023, 03:48:37 PM

I have already decided not to buy it and every time that I see it pump more, I am not regretting my decision not to buy it. Even if it gets higher and higher, I'll just be happy with those people that have bought it at the bottom of it and managed to hold it until now.
$120 was seen for it this day and it looks unstoppable, if you ever hold Solana at the start of this year at $9-$12, your each SOL already has a profit made like $100+. That's a lot of gains already and how much more to those that have been holding hundreds to thousands of it. Very fortunate guys.

definitely too late for getting in anyway so there's no regret, but interacting with the smart contracts inside solana still prove to be quite the bountiful rewards to be honest there are so many coins in solana getting airdropped these days that I think they are really good for those that probably missed the solana rally and tries to compensate with finding other way to profit, recently jito was a thing now its jupiter thats gonna be giving out rewards.
moreover we can be very well investing in other altcoin that serves same purpose as solana anyway, recently matic is increasing, injective is increasing as well as some other altcoin out there like immutableX it is also having some good rally, even SEI.
no need to be so fixated on solana there are plenty coin out there that are just as good to be honest.
but the potential might not be as big as solana since solana is the most popular coin nowadays everyone trying to get that share of rally.

No regret, yeah. I still see people that are thinking of entering on its market and buying it as soon as it go low. Now that there's a flash correction, I still don't think that it's time for them to enter because it's just a few bucks away from the peak that it has shown. While as you've said that there are other options that someone can do, it's still possible for them to choose others if they want to. Or there's no need to go that far if there's Bitcoin that they can buy and they don't have much of it yet.

poodle63

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Quote from: batang_bitcoin on December 25, 2023, 03:48:37 PM

Quote from: cakravothy on December 25, 2023, 02:21:14 PM

solana price has risen very high from its lowest price, and it is probably not the right time to buy because the increase is no longer significant to make a big profit.
if you want to buy it's better to wait for the price to decline first or correct the price first because next year the halving price of almost all coins will definitely go up again.

I have already decided not to buy it and every time that I see it pump more, I am not regretting my decision not to buy it. Even if it gets higher and higher, I'll just be happy with those people that have bought it at the bottom of it and managed to hold it until now.
$120 was seen for it this day and it looks unstoppable, if you ever hold Solana at the start of this year at $9-$12, your each SOL already has a profit made like $100+. That's a lot of gains already and how much more to those that have been holding hundreds to thousands of it. Very fortunate guys.

definitely too late for getting in anyway so there's no regret, but interacting with the smart contracts inside solana still prove to be quite the bountiful rewards to be honest there are so many coins in solana getting airdropped these days that I think they are really good for those that probably missed the solana rally and tries to compensate with finding other way to profit, recently jito was a thing now its jupiter thats gonna be giving out rewards.
moreover we can be very well investing in other altcoin that serves same purpose as solana anyway, recently matic is increasing, injective is increasing as well as some other altcoin out there like immutableX it is also having some good rally, even SEI.
no need to be so fixated on solana there are plenty coin out there that are just as good to be honest.
but the potential might not be as big as solana since solana is the most popular coin nowadays everyone trying to get that share of rally.

batang_bitcoin

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Quote from: cakravothy on December 25, 2023, 02:21:14 PM

solana price has risen very high from its lowest price, and it is probably not the right time to buy because the increase is no longer significant to make a big profit.
if you want to buy it's better to wait for the price to decline first or correct the price first because next year the halving price of almost all coins will definitely go up again.

I have already decided not to buy it and every time that I see it pump more, I am not regretting my decision not to buy it. Even if it gets higher and higher, I'll just be happy with those people that have bought it at the bottom of it and managed to hold it until now.
$120 was seen for it this day and it looks unstoppable, if you ever hold Solana at the start of this year at $9-$12, your each SOL already has a profit made like $100+. That's a lot of gains already and how much more to those that have been holding hundreds to thousands of it. Very fortunate guys.

cakravothy

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solana price has risen very high from its lowest price, and it is probably not the right time to buy because the increase is no longer significant to make a big profit.
if you want to buy it's better to wait for the price to decline first or correct the price first because next year the halving price of almost all coins will definitely go up again.

o48o

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Quote from: kentrolla on December 20, 2023, 02:49:06 PM

Solana has been in rally for a while as lot of speculations and news around it and new tokens on it's ecosystem has been credited for it's rally, shall we consider this as beginning and is it a good time to take entry? Someone new to crypto would say "Yes" but those who has been here for a while would be hesitant because we have seen SOL rising from $15 to $259 and then witnessed the downfall as well to less than $8.

I personally feel little bit confused because somewhere I feel if I enter now then I will be doing it in FOMO. Please share your opinion whether we can still take entry or should we wait if there would be any possible market correction and this is not for long term investment.

No one knows. But we can present theories on where we are. Most bullish scenario to me is that to me this looks like first leg that isn't even finished yet as there has been no retrace yet, and there will be 2 more (B & C) coming (if you believe in elliot wave principle that is). This one could go as high as ath imho. This scenario makes my skin growl as i was playing with sol nfts when it was $20 and less.

But that would mean we are heading towards altcoin season so big, we have not seen anything like it before. As classically wave 3 is the largest. But i am saying big in terms of in flowing money, not in necessarily terms of gains.

Dunamisx

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Quote from: rodskee on December 25, 2023, 06:37:58 AM

Quote from: Dunamisx on December 25, 2023, 05:54:18 AM

I don't know if some of you have observed this about Solana, the more bitcoin is stable a little bit and not falling or increasing, then this coin Solana keep pumping and increasing in market price untill bitcoin starts dropping before you can start with the experience of dip in Solana, while it rises as well the more bitcoin in showing indications for pumping, this coin is not going dip anytime soon base on its recent performance.

would you mind sharing where did you get that statistics? how many times did this happened f
or you to have that observation(if you have no proof at all) because I think there is no where we can find
that Data you said , because if this is just about this week then you have nothing to make sense
here because that is not a historical data at all and everything is normally happening when
the market shows movement like this.

Yes of course, this has been what i noticed right from the very first attempt of getting to $50+ recently before it got to this stage, now what proof again do you need when you can make use of your own chart to draw out this same conclusion from the Solana performance if you can speculate for that, am not here saying what i don't know, am talking base on what's happening currently, Solana may not have good performance in the past and this may not actually applies to it then, but we are talking about the present now in which we are in.

batang_bitcoin

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Quote from: Dunamisx on December 25, 2023, 05:54:18 AM

I don't know if some of you have observed this about Solana, the more bitcoin is stable a little bit and not falling or increasing, then this coin Solana keep pumping and increasing in market price untill bitcoin starts dropping before you can start with the experience of dip in Solana, while it rises as well the more bitcoin in showing indications for pumping, this coin is not going dip anytime soon base on its recent performance.

There's the contribution of Bitcoin from its gain and there's no doubt about it. But I think that even Bitcoin becomes more stable soon, it's likely that we're going to see that this pump that's happening on Solana will not last for so long. People who have been holding it need to remember that this market is highly volatile and it's not going to favor them forever and the time for its correction will come. When? I don't know, just based it on the market moves for the past years.

rodskee

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Quote from: Dunamisx on December 25, 2023, 05:54:18 AM

I don't know if some of you have observed this about Solana, the more bitcoin is stable a little bit and not falling or increasing, then this coin Solana keep pumping and increasing in market price untill bitcoin starts dropping before you can start with the experience of dip in Solana, while it rises as well the more bitcoin in showing indications for pumping, this coin is not going dip anytime soon base on its recent performance.

would you mind sharing where did you get that statistics? how many times did this happened f
or you to have that observation(if you have no proof at all) because I think there is no where we can find
that Data you said , because if this is just about this week then you have nothing to make sense
here because that is not a historical data at all and everything is normally happening when
the market shows movement like this.

Dunamisx

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I don't know if some of you have observed this about Solana, the more bitcoin is stable a little bit and not falling or increasing, then this coin Solana keep pumping and increasing in market price untill bitcoin starts dropping before you can start with the experience of dip in Solana, while it rises as well the more bitcoin in showing indications for pumping, this coin is not going dip anytime soon base on its recent performance.

peter0425

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Seems like solana(SOL) is here not to stop , because instead of lowering yet the Heat continues and up to now making its increase up to 110$ till this moment.

If I have just believe OP when he created this thread , surely I'm in good profit now lol.

Quote from: libert19 on December 23, 2023, 10:43:34 PM

Solana keeps rising and you are feeling like buying it, is definitely a fomo, but I feel solana is going to make ath high this time around, there is a lot of hype around it and we have just entered bull market, you know what that does to the projects.

Actually it is FOMO when he created the thread , but seeing it increase more week after this was posted?

I think he should have followed His instinct that day .

libert19

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Solana keeps rising and you are feeling like buying it, is definitely a fomo, but I feel solana is going to make ath high this time around, there is a lot of hype around it and we have just entered bull market, you know what that does to the projects.

GreatArkansas

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For me what happened in Solana is normal, it's just bouncing back. Because if you will check also the all-time highs of Ethereum, and Bitcoin. They are almost the same, what happened in Solana is only really tragedy because of FTX Exchange, they just experienced huge dump and late to recover.
Now Solana is close to Ethereum and Bitcoin based on current price versus all-time high prices.

rodskee

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Quote from: Dunamisx on December 23, 2023, 08:07:13 AM

With the way Solana is performing wonderfully these days, i don't think it's a wise decision to avoid making an investment in this digital currency because if you take close to it's performance between the last two months, it has moved from $50 to close to $100 and there's still more possibilities that this coin is going to hit more high till it get to about $200+ before or after the halving next year.

Passing more than 100 dollars now mate actually it is 107 as of my typing

https://coinmarketcap.com/currencies/solana/

and I'm afraid that this will be increasing this whole December for preparation to what will happen in the halving season.

but expecting to reach before Halving? am afraid there will be more increase before the halving instead it will go down.

JeffBrad12

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Quote from: Sophokles on December 23, 2023, 05:39:58 PM

The market is bullish for almost 3 months now, and it is logical to think that there will be at least a short correction. I am not sure how SOL will do if there is a major crash in the bitcoin price as its price growth looks abnormal. Only airdrop speculation can bring that much funding to a project over the course of a month. There is internal price manipulation and it looks like someone wants to give FTX a better price to sell off their SOL holdings to recover customer funds. It was a well-played strategy by the team and some people also benefited from it.

there has been some correction occurring along the way but yes the correction was rather short lived and also not that much of a big deal mainly because after that, it instantly recovers back maybe because people think that we are in bullish and surely any price correction gonna be instantly recovering back to its original state.
in regard of internal price manipulation though we don't know for sure, the price of SOL has increased so significantly added with the fact that many project within solana are being invested heavily as well by many investment company.
I doubt that ftx could have something to do with it maybe solana is just that good after all the project deployed are many as well.
but if we are talking about conspiracy theories then it is maybe possible, its just that, pumping project like solana requires massive capital I doubt ftx would spend all those money just to pump.

Topic: Solana - Is it still good to buy or it's FOMO - page 4. (Read 1031 times)