First crypto coin for me

Hey guys! Recently, I bought €500 worth of Solana for the first time. This is actually my first crypto investment, so I’ve been exploring the coin and learning more about the market. I noticed that Solana was around €190 last year, and I’m wondering what you guys think. Is it reasonable to just leave my €500 invested in SOL for the long term and wait to see if it increases in value over time? I’d love to hear your opinions, especially from people who have been investing in crypto for a while.

7 comments held Reddit says 1 on reddit ↗

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u/Pretend_Rutabaga8258 1 2 hours ago

we’re in a bear market how long it lasts no one knows for sure. I would DCA dollar cost average any investment in Solana or any Crypto , putting in bits at a time as the price goes up and down. and for me i’m holding long term until it goes back into the 200s
u/LittleRelease747 1 2 hours ago

Stake it!
u/[deleted] 1 2 hours ago

[removed] — already gone when the archive first saw it
u/MrSnugs 1 2 hours ago

Stake, hold and don’t think about it. I’m DCA SOL every month and just staking it away
u/Available_Image_6938 1 1 hour ago

Interesting choice for a first crypto investment Are you planning to hold the €500 for a few years or would you consider taking some profit if sol has a big run?
u/elfavorito 1 1 hour ago

just wait till you hear about solana memes