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[AudraMiller]

Recently the cryptocurrency community has been talking about various different cryptocurrency coins however the two most prominent coins in discussion are solana and cardano. These coins have actually seen a massive rise in the market cap and also they have seen a rise in the value of the coin is worth claiming the top 10 in all crypto currencies. This is a very major development for either of these cryptocurrency coins however it seems that the recent decline of the cryptocurrency prices across the market has actually affected these coins quite heavily. News articles have shown that both of these coins have dropped by as much as 35% in the last 24 hours. Do you think that this will affect the Outlook that people have when it comes to this cryptocurrency coin or do you think that they will use it as an opportunity to increase their potential investment into these up-and-coming cryptocurrency coins?

 

[Josemendez]

The Solana and Cardano fall is something that I know will happen and it might take time before they recover to the last price because people have dumped their coin

 

[Mariappa45]

It's never a surprise to see this two coins dropping on average of -35% recently. Those investors are simply for gain, meaning they've dumped the coin to make their own profit. Now the coins are down, they'll simply buy again to pump it up.

 

[AudraMiller]

The Solana and Cardano fall is something that I know will happen and it might take time before they recover to the last price because people have dumped their coin

I think that it is quite surprising given that these coins were spoken off so highly in the last few days with even companies looking to invest in them as well.

 

[Josemendez]

I think that it is quite surprising given that these coins were spoken off so highly in the last few days with even companies looking to invest in them as well.

I checked Solana few hours ago a d it seems it has risen back 21%. The coin is quite a strong one that will not easily dip in the market. I wish I had some

 

[AudraMiller]

I checked Solana few hours ago a d it seems it has risen back 21%. The coin is quite a strong one that will not easily dip in the market. I wish I had some

That was a very rapid rise to see that it has recovered so fast. I think that something of this nature can be quite worrying as it shows major volatility. However it could be a good short term trading opportunity.

 

[Josemendez]

That was a very rapid rise to see that it has recovered so fast. I think that something of this nature can be quite worrying as it shows major volatility. However it could be a good short term trading opportunity.

I believe investors are still hodl the coin with the believe that it rise higher in coming days . Let's see how long they will hodl it

 

[Pousinha]

I suppose this fall was to be a bit expected: when a cryptocurrency goes to the moon, after a while it uses to drop. Such things happen to traditional cryptocurrencies too (even cause different reasons), out of stablecoins.

 

[Flower]

For an expert in cryptocurrency investment, fall in the price of a particular cryptocurrency shouldn't be a thing to worry about. The fluctuations is what makes cryto investment a good business.

 

[Josemendez]

I suppose this fall was to be a bit expected: when a cryptocurrency goes to the moon, after a while it uses to drop. Such things happen to traditional cryptocurrencies too (even cause different reasons), out of stablecoins.

Yeah that's how it works and cryptocurrency users need to work towards being able to have an entry price and exist price to help them

 

[BullyMaguire]

It's only natural since they wouldn't be able to continue rising all the time and they have been rising a lot these days. In order to grow more it needs some corrections

 

[Wisdom01]

I think most times it's just corrections as the price would rise back to its normal amount again, you cant always expect it to always rise just like that i think , most times it would fall

 

[Mariappa45]

I think most times it's just corrections as the price would rise back to its normal amount again, you cant always expect it to always rise just like that i think , most times it would fall

Yeah, it's matter of correction, as the coins fall they'll surely rise. The two coins are still maintaining their positions in the table, and the reduction in price isn't much now.

 

[Acrosin]

Even with the massive fall, I still have a strong belief in ADA (Cardano). I don't know much about Solana but I know it's a great coin too. Cardano will surely rise again.

 

[Wisdom01]

Yeah, it's matter of correction, as the coins fall they'll surely rise. The two coins are still maintaining their positions in the table, and the reduction in price isn't much now.

Yeah exactly for me isn't much compared to the drastic fall that happened during may ,if any fall happens the price would return back to its former position again , just continue to hold

 

[Mariappa45]

Yeah exactly for me isn't much compared to the drastic fall that happened during may ,if any fall happens the price would return back to its former position again , just continue to hold

I'll continue to holdl the amount of coins I can afford to buy, because I know the market is full of surprises. And I am not going to do panic sale until my coins rise to the expected level I want.

 

[Wisdom01]

I'll continue to holdl the amount of coins I can afford to buy, because I know the market is full of surprises. And I am not going to do panic sale until my coins rise to the expected level I want.

Yeah exactly don't panic sell just like that ,make market research so you would guided on when to even buy more , because with the way it's increasing no one knows the extent it's heading too

 

[Mariappa45]

Yeah exactly don't panic sell just like that ,make market research so you would guided on when to even buy more , because with the way it's increasing no one knows the extent it's heading too

Yes, we should always make researches, because observations of the coins progress in the market gives us edge to avoid making losses.

 

[Wisdom01]

Yes, we should always make researches, because observations of the coins progress in the market gives us edge to avoid making losses.

Exactly there are even many news platform where you could get information regarding cryptocurrency and it would help you out in terms of fundamental analysis

 

[Mariappa45]

Exactly there are even many news platform where you could get information regarding cryptocurrency and it would help you out in terms of fundamental analysis

I found cointelegraph the just reliable when it comes to getting reliable well sourced information around cryptocurrency. I visit there regularly for more cryptocurrency updates.