Post
Topic
Board Speculation (Altcoins)
Re: Is Solana still Worth buying??
by
john_egbert
on 29/10/2024, 09:09:19 UTC
honestly does the solana investors really care about the blockchain blackout though, most of the people I know that invested in solana simply don't care, it can blackout twice a week and none of these people that I know will give attention or even dumping their solana, what they know is that solana is scalable enough for the meme coin trend and defis in the ecosystem to flourish, so therefore it's a good investment.

personally I might want to delve into buying solana, it just feels right considering that solana community is very strong and the blockchain isn't having any scalability problem despite the massive influx of meme speculators.

just feels like it can be the new big thing, as long as it doesn't get overtaken by SUI of course.

Of course. Nobody cares about the outages. As long as there's money to be made, nothing else matters. The majority of investors keep their SOL on centralized exchanges. So network outages will have little to no effect over their holdings. They can just buy or sell SOL without interruptions. The ones who need to worry about this are none other than average users like myself. Experiencing an outage in the middle of a payment is quite frustrating.
-snip-

Yeah, even if we think about SOl only in an investment direction - what may go wrong to the extent that we sometimes imagine with alts?
Worst case - our investment will need more time to grow and bounce back, but when you do it, you should always regard such a possibility anyways.