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?
So what are you saying, do you think that the price of Solana is going to continue to increase? I do know that is possible, but I don’t think selling your Bitcoin and Ethereum just to buy one coin is going to be worth it. Maybe you should wait for now and when you have raised enough money that is enough for you to invest in Solana, you can do that later on.
You know that Bitcoin and Ethereum are two of the major cryptocurrencies in the market, and they are a solid investment that you can make right now, so I don’t really see the need for you to sell them. Rather you should look for money and invest in Solana , it wouldn’t be bad to diversify your investment and hold three assets at the same time.