Topic: Solana - worth it in 2024? - page 2. (Read 214 times)

This is the crypto space and news affects there prices, so you don't expect any crypto coin to have a smooth sail and keeps increasing indefinitely, they're volatile by nature and that's why pump and dump occurs. When it's a reputable altcoin like Solana, we don't need to worry whether it has the potential to surpass it's ATH in this bull run, I believe that when it's dev. team rectifies it's network issues, it'll price will increase. So the OP will have to make that decision whether to still jump on the bandwagon or give it a break.

the thing that I will let you know is that many people ventured into investment to when they see that there's acceleration of bitcoin increment in the market so solana coin has been into existence for long time and it is started gaining positivities in the market due to the recent increase in Bitcoin and it may likely to fall based on if bitcoin lack increment, for my own observation I will like you to to make a proper research of a solana if the coin will continue to have a good value after bitcoin has dropped in the market so if it is something that will not continue to have value when bitcoin drops, I will advise you to spread your investment.

that is what I've been emphasizing that they should do make a research concerning this solana that everybody want to invest on because it has been long solana come into existence and for it to have this positive increase it is because of the recent increase in Bitcoin that's Skyrocket the market price of solana.. so for the people who invest in solana coin and also want to invest more currently should the follow this your advice, because I know quite well that this coin may have issue in future so which I'm not aware of their issue except this your theory or research you made.

anything that has to do with the cryptocurrency investment you cannot be late for the investment because two things are involved into cryptocurrency investment neither you lose or you gain for the investment, that is why we have a tax to do whenever we want to invest in any cryptocurrency investment we have to make an adequate research to know if the coin we are going to invest is going to be positive for us before we ventured into the investment, in summary no cryptocurrency investment that you can invest today that how we said you are late for the investment because there is a every possibility that the coin may increase unexpectedly and there is every possibility that the coin mighty die of during the process of investing on it.

your point is exactly what I said, because the future of cryptocurrency is unpredictable and the anything can happen to it at any point in time, bitcoin investment is something I know quite well that you might invest on it today and it falls drastically, what I know concerning cryptocurrency, is that it has to do with unexpected time, you invest now and the price appreciate in the market and you may invest another day thinking that the price will continue moving up and the price drops.

You might regret for not acquiring this days if SOL price will pump. But I guess you don't have experience dealing with this coin so maybe its better for you to research first before trying to accumulate since maybe you commit a mistake if you don't have enough knowledge on what you are trying to acquire. Much better if you could able to see first the ups and downs of the SOL so that you could able to create a sort of strategy depends of what you want to happen on your accumulated SOL in future.

But I guess there's also no late for this since as we can see that SOL network has been much used by a lot of developers so we can assume that maybe we can see more better especially if more demands will come. Look at what other people say here they thought it was late which I also think that way, I sold my SOL before when the price is so cheap since I thought there's no chance for this coin to pump this year but look what happen the price pump up and those who believe are earning, but those who doubt regret their decision to sell their SOL.

For me, when it has reached $100, it was too late already. But then looked at how much it is right now. I am giving you the idea when we think that we're too late. It could be right or wrong and that's why no one can say if you're already late to jump on the bandwagon or it's still too early if the pump is going to continue. That's why if you're deciding to invest on it, you don't have to ask other people for it whether you should invest or not but as part of your research, it is one of your deciding factor whether you'd do or not.

The opposite may happen and some investors panic and sell their balances,  the network is so crowded that you cannot broadcast any transaction. Solving this problem is not something that will push the price higher, as they claim that it is the fastest and cheapest blockchain.

Solana may witness further increases by the end of the year, but I do not expect that in the short term, so the next decline may be an ideal buying opportunity.

Don't make the mistake of thinking it's too late to enter into Solana, I sold it between $60 to $80 and then when it touches i thoughts is too late but we have the results in front of us and moreover it's not the ATH of Solana and we can expect the price to surge even further when they fix the network congestion which has caused some dip recently.

Where are these people who do not want to buy Solana? This is not the ATH for Solana there is current bad news on Solana which is why it keeps declining but I believe it's not the last highest price for Solana.
It's currently having issues or bugs related to transactions and they are planning to fix the issue next week by April 15 it is not only Bitcoin having issues with the network congestion Solana also experienced this too once they fix the issue expect for the price surge.

The all too often network downtime is really not good, it’s something that could potentially ruin Solana’s chances of surviving & flourishing in an increasingly mainstream cryoto accepting world. I have seen people saying online that they haven’t been able to use the Solana network for 3 days, it is simply not sustainable if devs can’t finally stop downtimes. I actually like Solana a lot, it needs to be more reliable though.

lots of people do not want to buy solana anymore because they believe that its peak has passed and if you buy now where the price has increased, it’s never going to pay off

however i believe solana still has more to offer and i even believe it could surpass its ath of 260 usd someday so i would say that it’s quite worth it

of course the decision is yours and you should always decide for yourself as that is your own money but that was just my opinion

Recently I dived more and more into the solana altcoin and I wondered wheter it is too late to jump into it or not?