Quote from: Abiky on December 22, 2023, 08:23:08 PM

Quote from: BabyBandit on December 20, 2023, 05:09:07 PM

wow! Solana just reached over $80! Of course it will dip down again but I think it will reach even higher and stabilize over $80 and even more, i was shocked when it was up to $70 and even $60 and now $80.
This year Solana have reached 557.1% November 2021 Solana reached it's all time high $259,96. Do you guys think it's possible for Solana to reach a new all time high again?

I hope I didn't jix it now and Solana will go down 50% next 24 hours. Grin

https://www.coingecko.com/sv/coins/solana

EDIT: Maybe worth adding. I bought Solana when it was at $20 and then I bought more when it was at $30. All Solana I have i staked. What do you think about staking if your plan is to hold long term?

Exciting news for Solana holders. I believe the "pump" is linked to the sale of the "Solana smartphone" and the "BONK" meme token. It could be hype more than anything else. Despite the recent surge in price, SOL is still behind its ATH of around $200 per coin. If you were holding SOL before the "pump", I'd suggest you sell your coins for profit. But if never had any SOL and want to buy, you may need to wait until the dust settles. Otherwise, you will end up buying high and selling low.

A very good point here. Alot of people may FOMO here looking at the way it has been pumping. When coin are pumped like this, there is tendency if experience a dip after some pump. So, it is advice like he said for new buyers to watch closely before putting in their money. But if it is a must for you to buy, remember to buy using DCA as this will still help if probably the price later dump.