Solana is a new promising altcoin that surpassed dogecoin to be ranked up to seventh place on CMC. And based on its price last August 15 2021 it is only 44$ and now its current price is 157$ based on that super Sonic price movement from 44$ to 157$ for just one months, I think Solana is good for short term investment, what would be your insights about this guys. Good for long term or short term investment?
I see solana's progress this month very well, experiencing fantastic graphics. if you have to sell a valuable asset like bitcoin or ethereum and risk solana it might be too risky. however, if it's on a small scale it's not a problem. let's say selling 5% bitcoin and 10% ethereum to buy solana is good. as long as you have to always monitor the development of the price of solana and determine the target for solana so that the profit can be more than the bitcoin or ethereum being sold.