Topic: Solana - Is it still good to buy or it's FOMO - page 6. (Read 1014 times)
If you still have your money with you I will strongly advise that you buy Solana and hold, it's one the of digital currency having best performance this season, you can check the chart to see how it has been performing well these days, people would have said alot of things about the existing past performance which may actually discourage, but looking at what Solana is upto now, it's one of the most preferred.
(...)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.
Imo, FOMO is not necessary with crypto that we have missed. With the altcoin space we have many options, don't get too excited and FOMO in an unwise way according to your own plan. Going through many previous stages made me learn the truth, and personally, the cryptocurrencies I am holding are still not as exciting as SOL at the moment, but I have my own opinions and assessments about that decision.Honestly, after observing some previous FOMO signals, my doubts are the same as many people's about SOL, but after all, it is a personal decision so I think there is still a lot of opportunity so I can be patient. than. Remember that FOMO can make us profit quickly, but it can also make us lose money quickly, so if you have accepted what could happen, don't hesitate to decide.
Honestly as this is a matter of investing, you should first consider base on your own speculations. If you feel definitely it will pump but your only fear is for it dumping back then it is less of a problem as you can buy as it is low then sell during the bull run incase it decides to dump back.
Investing in Solana is not a bad idea but base on deductive reasoning all Altcoins are basically of higher risk than that of Bitcoin l.
the problem of OP now is that Solana had already climbed high till today so if he is still in line Investing in Solana is not a bad idea but base on deductive reasoning all Altcoins are basically of higher risk than that of Bitcoin l.
to invest or there will be a dumping to come sooner . this is the problem of many people in crypto when
they felt being lazy or late in having the right timing to buy and hold , because surely there will be either
correction or dumping to follow any time soon.
...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.
You should not experience FOMO, treat it like a train that left without you. You will certainly have other opportunities to make a profit. Focus on finding another coin, the price of which has not changed much yet and, accordingly, can bring you a good profit.
Honestly as this is a matter of investing, you should first consider base on your own speculations. If you feel definitely it will pump but your only fear is for it dumping back then it is less of a problem as you can buy as it is low then sell during the bull run incase it decides to dump back.
Investing in Solana is not a bad idea but base on deductive reasoning all Altcoins are basically of higher risk than that of Bitcoin l.
Investing in Solana is not a bad idea but base on deductive reasoning all Altcoins are basically of higher risk than that of Bitcoin l.
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.
Solana is doing great now and it is indeed because double digit increase just in 24 hours and more than 20% in the last 7 days.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.
https://coinmarketcap.com/currencies/solana/
but asking if it is a good timing to invest now? if you are ready to risk the chance then why not mate? because Solana had been seeing a good coin for 2023 and has a great future more.
but if you can keep it for how long till next year at least? then yeah try to buy and hold for some time .
Im not so sure with this coin, the rally was first initiated when there are so many bad rumours about this coin that i refrained buying it for the sake of investing and now i missed out on rally.
now i really feeling eager to buy this coin but honestly if i already missed the rally then i already missed it no point risking my money buying at peak just for the sake of waiting the follow ups rally that could be there or not going to be there.
honestly im also confused on whether to DCA this coin but well I decided to find another coin out there that just as better, after all we're not lacking any good coin like INJ for example that currently flourishing and could probably get on the same level as matic somehow in the future. one thing for sure though im not buying when the coin already reached peak, not gonna do the same mistake again like in previous bullrun.
now i really feeling eager to buy this coin but honestly if i already missed the rally then i already missed it no point risking my money buying at peak just for the sake of waiting the follow ups rally that could be there or not going to be there.
honestly im also confused on whether to DCA this coin but well I decided to find another coin out there that just as better, after all we're not lacking any good coin like INJ for example that currently flourishing and could probably get on the same level as matic somehow in the future. one thing for sure though im not buying when the coin already reached peak, not gonna do the same mistake again like in previous bullrun.
...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.
You should not experience FOMO, treat it like a train that left without you. You will certainly have other opportunities to make a profit. Focus on finding another coin, the price of which has not changed much yet and, accordingly, can bring you a good profit.
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.
You didn’t now or later it will still be base on FOMO, there is much hype around this coin right now because of the the tokens on his ecosystem. Most of the tokens on its ecosystem are doing massive airdrops and some are getting listed on top exchanges this has caused Altcoin hunters to chase after it. 80k is high but not still close to the ATH, I think it will break soon if the market continues like this most especially bitcoin continues to increase. You can buy it but have it that no Alticoins is to be trusted
Yes, cannot trust any Altcoin as that's why I had mentioned it's not for long term. The recent hype around this coin is what makes me take a step back because you know how soon altcoin can fall from grace anytime. Hence will do some further research if there any any other events lined up for this coin which can increase its value and if yes then will make entry else will wait for a while instead of rushing into it.
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.
You didn’t now or later it will still be base on FOMO, there is much hype around this coin right now because of the the tokens on his ecosystem. Most of the tokens on its ecosystem are doing massive airdrops and some are getting listed on top exchanges this has caused Altcoin hunters to chase after it. 80k is high but not still close to the ATH, I think it will break soon if the market continues like this most especially bitcoin continues to increase. You can buy it but have it that no Alticoins is to be trusted
Don't dwell on what you might get back as a reply be it a Yes buy or No don't buy. Do your own thorough research and know for yourself if it's still in the right time to buy or maybe you have missed out on the right time to buy and have to hold on not going to buy at a wrong timing when it must have exhausted the good times.
If you want to buy, buy a little at a time, this currency has already risen too much.
I had the opportunity to buy it for 8 dollars but due to the problems with FTX I let it go.
I had the opportunity to buy it for 8 dollars but due to the problems with FTX I let it go.
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.
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.
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