Post
Topic
Board Altcoin Discussion
Re: Solana drop up to 5%
by
Lantind
on 12/07/2022, 07:42:18 UTC
should i buy this time or invest in other Crypto? is Solana good investment?
The current market conditions have not provided an opportunity to invest in Solana, this will have an impact on the assets you have, you should invest in Ethereum and BNB first, when the initial bull run comes, then that's when you make a purchase on Solana, a habit that occurs both coins will experience a faster pumping for the altcoin class, the correlation is quite clear, that the reaction will have an impact on the next Solana
Why not? Is it because the drop is only 5 percent? Anyway, the current market we are in right now is bear and bear is an opportunity for anyone to invest. Also why would investing in solana has an impact on other assets that we have? Is it because solana is the one that will go up first and others will be left behind?

It's not a big deal IMO because eth and bnb are also a good coin and they will soon catch up once bull run returns. About the initial bull run you are saying. I think investing during that phase is not wise since coins are already recovering and there is no guarantee that the bull run will continue so you might only incur a loss.
That's what I mean, maybe this coin will be at a stable value in the future, but not for new ATH, so to start investing here of course you need to prepare other coins too, so that we can maximize every existing investment, so that the conversion loss can be exchanged at another coin that moves.

But if you choose one coin, this will have an impact, if there is no increase at all, isn't the investment made solely to make a profit, therefore another coin is needed to cover any decrease that occurs on a particular coin