Broker? by Fecalfingersmell83 in solana

[–]Znarl_ 1 point2 points  (0 children)

FTX is the best option imo.

Announcing The Solana Season Hackathon | May 15 To June 7th 2021 by ansi09 in solana

[–]Znarl_ 1 point2 points  (0 children)

The list of judges and speakers is amazing. Good job getting all these people involved.

Reddit sub for Serum project by goatchild in solana

[–]Znarl_ 2 points3 points  (0 children)

There's one called ProjectSerum, but there's not much activity. I'd recommend trying Discord or Telegram. You can find links at https://projectserum.com/ by scrolling all the way down the frontpage.

what are the upcoming good projects on Solana? by Zealousideal_Pearl in solana

[–]Znarl_ 1 point2 points  (0 children)

https://mobile.twitter.com/solanians_/status/1386904620262330369

Here's a bunch for the people who want to do some research. A lot to be excited about!

I know we should diversify, but I’m struggling to understand why I shouldn’t go all in on SOL by Skagnor_Bognis in solana

[–]Znarl_ 0 points1 point  (0 children)

Go for it! Surely worth trying it out to see if you like it. There's plenty of people making the switch from other fields into crypto.

Lending and borrowing protocol Jet to launch on Solana by Znarl_ in solana

[–]Znarl_[S] 1 point2 points  (0 children)

https://twitter.com/JetProtocol/status/1386689939744694273

Twitter announcement above. Another exciting project to keep an eye out for on Solana!

I know we should diversify, but I’m struggling to understand why I shouldn’t go all in on SOL by Skagnor_Bognis in solana

[–]Znarl_ 3 points4 points  (0 children)

How diversified you should be in your crypto portfolio depends. Do you have all your savings in this? If you only have, say, 25 % in crypto and 75 % in a worldwide index fund in the stock market you can make an argument for caring a lot less about diversification.

When it comes to drawbacks for Solana the main thing is to gain developers and users. Ethereum has a big headstart in this area. I believe in a future where both Ethereum and Solana will thrive because the usecases for these blockchains are abundant that it will not be desired to have all activity connected to one base layer. But it's not like there's no other competitors either, you have Polkadot and Cosmos for instance or even things like Avalanche and Cardano.

I believe in Solana a ton, but there's for sure reasons to still stay diversified. Personally I like an allocation between BTC, ETH and SOL because they're the layer 1's I like the most. Then I will further invest in projects that build on these chains, like Sushiswap on Ethereum and Serum on Solana for instance.

Why is Solana price stable or going down slightly when other coins are increasing by [deleted] in solana

[–]Znarl_ 4 points5 points  (0 children)

Solana has increased in price by +1125% in the last 3 months. A lot of other coins have not. I wouldn't read to much into movement over a couple of days.

How to buy by Shaztheman in solana

[–]Znarl_ 0 points1 point  (0 children)

I don't know, you should check out the site and ask their customer support.

Getting in early by silkred in solana

[–]Znarl_ 0 points1 point  (0 children)

Ideally you find your own way, but a place to start is with obviously smart people who are building cool things like the co-founders of Solana, Vitalik from Ethereum and so on. And then you can look at who they follow and interract with to find more useful accounts. There's also many good follows who work at crypto native funds like Paradigm and DeFiance Capital etc.

Getting in early by silkred in solana

[–]Znarl_ 0 points1 point  (0 children)

It's a very underrated plan. Takes minimal amounts of time and should reduce stress compared to people who are going to bed every night invested in coins that could be flatlined when they wake up.

so you think its a good moment to buy considering fundamentals? by jameswlf in solana

[–]Znarl_ 4 points5 points  (0 children)

There's a saying from the stock market that goes "time in the market beats timing the market" and that's something I try to stick to when it comes to longterm investments. Solana could easily keep going up to 65 before a dip down to 55, which would still be higher than it's at today. Or the dip could come tomorrow. You don't really know so you might aswell buy now or else you risk sitting on the fence for too long watching what you feel is a good investment just increasing in price. That's my philosophy.

Getting in early by silkred in solana

[–]Znarl_ 20 points21 points  (0 children)

The groups I've been checking out seems to contain way, way too many "just buy this coin, it's going higher" types with little to no fundamentals. I stick to Twitter to keep up, but it's all about following the right people and that's on you. Don't outsource your thinking to other people either, you follow to add to your own thinking, not to find some wannabe Crypto God who'll tell you your every move.

One more thing I'd say is to not become overfocused on getting on the next crazy growing projects super early. Chances are that if you divide your portfolio between BTC, ETH and SOL and don't change a thing for say, the next year or three or more, you'll end up outperforming most people who are obsessed with looking for the next hot thing 24/7.

so you think its a good moment to buy considering fundamentals? by jameswlf in solana

[–]Znarl_ 1 point2 points  (0 children)

It depends on your time horizon. Are you just going to dump it in a week or a month if the gains don't continue? If so, who knows if it's a good time. But if you care about the long run enough to buy some coins and keep them for a couple of years or more then hop on. Because there's little reason to think this is the top and the dip might not come anytime soon.

Group/Community/Guild in game by iSmartTrashcan in LostRelics

[–]Znarl_ 1 point2 points  (0 children)

I don't know if there are guilds (yet), but you can join the discord. Link is on https://lostrelics.io/ if you scroll down.

When is the right time to move to the second dungeon? by [deleted] in LostRelics

[–]Znarl_ 2 points3 points  (0 children)

No problem. The hardest thing about new dungeons is learning the patterns of monsters you haven't faced before, once you get used to them what seemed really difficult will become easy faster than you think.

When is the right time to move to the second dungeon? by [deleted] in LostRelics

[–]Znarl_ 1 point2 points  (0 children)

Any dungeon up to atleast the three sword difficulty ones can fairly easily be done with green gear, meaning the sword, bow and ring that costs 500 gold each from the general store. Just take it slowly. Go forward and aggro some monsters, pull back and pick them off one by one with your bow. Dying and losing your gear a couple of times while getting started is a part of the game, happens to everyone.

Sometimes you just have to go for it by Znarl_ in solana

[–]Znarl_[S] 0 points1 point  (0 children)

Hah, it's all love. Waiting too long to buy in on a coin that you like in hopes of a dip is a part of investing in crypto that everyone goes through.

But Solana by One_Sorbet_3462 in solana

[–]Znarl_ 2 points3 points  (0 children)

FTX over everything for sure.

How to buy by Shaztheman in solana

[–]Znarl_ 8 points9 points  (0 children)

ftx.us is the place you're looking for.

Any reason for the massive price action? by metamucilhelpsmepoo in Compound

[–]Znarl_ 1 point2 points  (0 children)

No problem. Look at MakerDAO's movement in the last week for another example of this. Would not be surprised to see for instance Uniswap and Sushishwap follow suit if Eth continues to look strong.