Quote from: sukmo on October 26, 2021, 06:15:41 PM

Quote from: MiF on September 15, 2021, 02:36:19 AM

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?

Everyone must have different thoughts in determining the type of coin investment that they believe will bring profits.
I personally for long-term investments still choose Eth and Bitcoin.
But for short-term investment solana is one of the coins that must be considered.
When I see the growth of solana is getting better, I am also interested in investing with solana.

The truth is at the moment as the market is, I would not recommend selling ETH to buy Solana, the reason is simple, it is never good to buy at highs, and right now Solana is around 208USD approximately, some may say that it will rise more and if it can happen, but if it drops in price? If the Btc falls in price, the most certain thing is that Solana will also do it and in a radical way.

You always have to take into account the risk you run, in this case you have to think like investors, who are always buying cheap, and Solana touched a price of $ 140, so it is actually a risk to buy right now.