Post
Topic
Board Speculation (Altcoins)
Re: Solana - Is it still good to buy or it's FOMO
by
LastKiss
on 13/02/2024, 04:40:42 UTC
Determining whether Solana is a good investment or a result of FOMO (fear of missing out) depends on various factors including your investment goals, risk tolerance, and the current market conditions .  Solana's groundbreaking technology and growing ecosystem have attracted significant attention from users.  As a result its value has increased.  Understanding Solana's fundamentals by conducting thorough research and assessing long-term performance can help investors avoid succumbing to emotion driven valuations.

Well, I believe Solana price can go higher than right now and maybe many people miss the price at $20, but if we take a look Solana market movement we can expect the double top to happen and another correction incoming. If we're going to invest in Solana because of its utility, the community, the unique development, etc. we can invest right now without caring about the price, but in the other hand if we're looking for a profit in my prediction Solana probably going to have double top and another correction, when that happens we can buy the dip again.