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IA Bought SOL (Patreon)

Published:
2023-11-10 01:39:53
Imported:
2023-11

Content

In full disclosure I just bought SOL - one of our team members has had that as his preferred method of payment in 2023 - GENIUS MOVE! 

Comments

Anonymous

Am i seeing the sol price correctly???

Anonymous

I'm up like 5x on GSOL and 3x on OSOL in a month, outpacing Solana twofold. very unexpected. The premiums and spreads are out of control. Will this method of investing in SOL eventually crash with impending doom? or should I stay in and risk that the demand and premiums stay intact? Looking way back during the early days of GBTC, no noticeable crash was evident.

Anonymous

Can anyone advise on when or if it’s too late to switch my Eth holdings to sol? Apologies in advance if it’s an annoying or repetitive question, I hold approx 40/40/20 btc/Eth/sol and tend not to spend too much time on the day to day surrounding the markets. Thanks

Anonymous

SOL is also my Ethereum Hedge. I hold a double position SOL Compared to Ethereums Market cap. - My SOL portfolio value is 20% of my Ethereum. Why i not switch my SOL to ETH: The Fee revenue of Ethereum is about 100 times of what Solana generates. Ethereum is sustainable and Solana still must pay the network from inflation.

Anonymous

I swapped my eth for sol at somewhere around $1810/$40.50. Best decision this year so far, unless eth starts skyrocketing and sol is stagnant. Can’t see it happening the way Solana is performing this year. Bought a bunch of Sol at 18.11 so I couldn’t be happier. My sol position is getting close to beating my Bitcoin position. My only concern is whether Solana is collecting enough fees to keep up this momentum. Any thoughts?

Anonymous

Should I put all my life savings into SOL right now?