Crypto SOL did any of you guys get on it?

Discussion in 'Other Asset Classes' started by Dan Donoghue, 9th Nov, 2021.

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  1. Dan Donoghue

    Dan Donoghue Well-Known Member

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    I jagged 20 Solanas at 37 bucks each, just wondering if anyone else got on it and what your thought are? In all honesty I'm thinking hold long term and by long term with crypto I'm talking 3+ years, it's a great ecosystem and great tech compared to ETH :).

    I'm still going to be buying more, not just hold and wait but rather "keep going"
     
  2. GreenTreeFrog

    GreenTreeFrog Well-Known Member

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    No unfortunately, I completely missed that one. Good buy!
     
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  3. Casteller

    Casteller Well-Known Member

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    Bought 28 at about $14 for $400, now worth US $7000
     
  4. Dan Donoghue

    Dan Donoghue Well-Known Member

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    Nice one Casteller, I still think there is room for growth on it, will put in a little more next month.
     
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  5. Stugots

    Stugots Well-Known Member

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    I only got into Solana this August, was around $150 from memory at the time, but I spent some time flipping NFTs there and made some good gains, so I'm up almost 400%, and my average cost basis is $48 :D good times.

    Sol is by far my favourite project, super bullish... if the bull market continues it has more legs in it.
     
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  6. PropStar

    PropStar Active Member

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    There is a Youtuber Channel guy called InvestAnswers, he got his followers into SOL at $30. He is very bullish on it.
     
  7. LROB

    LROB Well-Known Member

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    I've got SOL headed towards Ethereum's current price. More DEVS on SOL.
     
  8. Ouga

    Ouga Well-Known Member

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    "Trying is the first step towards failure" Homer
    Errrr not. Completely ignoring L2 and looking at core dev maybe? Which is not a real meaningful metric.
     
  9. LROB

    LROB Well-Known Member

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    Yep

    IMO it speaks volumes.
     
  10. Ouga

    Ouga Well-Known Member

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    "Trying is the first step towards failure" Homer
    I would argue quite the opposite.
    SOL's bag holders concentration also not filling me with confidence tbh

    [​IMG]
     
  11. LROB

    LROB Well-Known Member

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    don't think id come across this before. That is interesting to say the least.

    Still bullish enough to buy the dips. Polkadot however gets a large % of my Shtcoin $
     
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  12. samiam

    samiam Well-Known Member

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    Didn’t get any SOL. $200 + now. will it be a blue chip stock? I looked for pre-growth coins but fell in crack miserably. Better stick to well known coins!
     
  13. Ouga

    Ouga Well-Known Member

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    "Trying is the first step towards failure" Homer
    Are you confident in your ability to pick projects that are going to outpace btc and eth? If not, why bother. Really look at the top 20 going back a few years - looks nothing like what's around now.
    Phenomenal growth on offer in the crypto space for those who don't become bagholders.
     
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  14. LROB

    LROB Well-Known Member

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    Ouga are you a GME hodler by any chance?
     
  15. Ouga

    Ouga Well-Known Member

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    I'm afraid not!
     
  16. samiam

    samiam Well-Known Member

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    I am not sure how much more eth or btc left. Ya they say 500k btc but it’s a lot of money to invest
     
  17. Ouga

    Ouga Well-Known Member

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    "Trying is the first step towards failure" Homer
    Too many ****coins to even think about are 90%+ down on their ATH, and they've just flatlined against BTC and ETH. Plenty littering the top100. If you look where the big money is going, it ain't in ****coins. Betting against btc and eth is a dangerous game that usually ends up in tears. Akin to picking microcaps before they become ASX20. Statistically speaking, outperformance not gonna happen, especially once in a bear market. Easy to outperform in a bull, but when things crash it all flows back into btc and eth eventually. NOT ADVICE.
     
    Last edited by a moderator: 24th Nov, 2021
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  18. LROB

    LROB Well-Known Member

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    Jerome Powell holds the keys.

    Bitcoin bonds are the future.
     
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  19. samiam

    samiam Well-Known Member

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    Agree. Wall Street will do very well with J.P
     
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  20. bookworm

    bookworm Well-Known Member

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    My only regret is not buying enough - I bought some in Jan and then later in the 10's and then 30's and have staked it:

    upload_2021-12-14_17-48-15.png

    IMO AVAX ecosystem will do well.

    Also some allocation in upcoming projects Parallelchain, Partisia, Devvio - should do well.