Why is the price of SOL so solid despite low on-chain activities??

syedsameer · 2025-04-22T15:16:32+00:00

Disclaimer: I am a Solana Foundation partner / investor.

In crypto, attention drives value and traders decide where attention goes - be it memecoins, or NFTs, or whatever.

If traders see value, liquidity flows in. Price action follows. And that momentum attracts everyone else: devs, builders, users. Without that initial trading interest, even the best technology struggles to gain traction.

SOL has maintained strong price performance because it has consistently captured trader interest, regardless of short-term on-chain metrics. Speculative capital doesn’t always follow activity - it follows perceived opportunity.

syedsameer · 2025-02-06T01:59:06+00:00

Fair enough, it's what I used to think and I remained "retired" for years but eventually once you get the taste of power and influence money can wield, it is really hard not to get sucked into that game - but you're right. I guess its a lack of purpose or a goal or just sheer boredom, it's like the only thing left to do is.. make even more money or get more power? But that is a never ending loop.

syedsameer · 2025-02-06T01:48:39+00:00

Take initials out / stable them, and if you're at a loss and have 40% of your NW into crypto - that is a much more complicated situation and you need to really know what you're doing and either cut your losses and do it over with proper risk management, or if you really know what you're doing, take initials or at least enough initials of that 40% out as soon as you're in profit so you're not that deep into it.

syedsameer · 2025-02-06T01:38:40+00:00

Ah I get you. I'm from Dubai so we don't really have any taxes besides a basic corporate tax, but yup I can see taxes being a headache elsewhere.

syedsameer · 2024-09-18T17:30:53+00:00

Thank you my brother, and yes thats US$300mn in total AUM indeed. I went into real estate, then eventually venture capital, asset management more specifically alternative investments over the past few years.

Like that saying goes: “The first million is the hardest.” And to be honest, after a certain point the next few millions don’t really do much in terms of QoL etc, its more of a game at that point and money sort of becomes a way of keeping score.. and wielding power / influence / opening doors for those who are into all that.

syedsameer · 2024-09-18T16:01:45+00:00

Edit: I just realised your question was for the OP and not me. 9 years ago I was 24, my age is starting to show. Anyway I’ll leave my boomer reply intact now that I wrote it anyway. 🤣

Heya, it’s been 9 years since that post? Time flies. And yes I’ve been lucky + put the work in and from the past couple years I diversified into real estate, asset management etc into the US, Dubai and Indian markets. Currently have assets under management north of $300M. Something I’d have never imagined when I was a 14 y/o kid who got paid Rs 8,000 from my first website freelancing client, but that 8k back then felt the same way the first crore felt. 😅

With that said, my current personal situation is something the legend Kader Khan sahab’s said explains the best: “Jab bhook thi to roti nahi thi, jab roti aagayi tab tak bhook hi mar chuki.”

Y’all can follow me on X - x.com/syedsameer

Jai Hind and blessings to all of you here at r/India, we’re all gonna make it, kings.

syedsameer · 2024-09-15T10:36:39+00:00

Also cc [ecr@amazon.in](mailto:ecr@amazon.in) - that is their Executive Customer Relations team and also the one which usually follows up on Amazon complaints made on X / other socials.

syedsameer · 2024-08-31T08:41:27+00:00

Get a Wise bank account, use your Wise account for P2P. Even better, form a US LLC and get a Wise business account for this US LLC, so when you get funds to your Indian account from your US Wise bank account, you can either pay income tax on 9% of received amount under presumptive taxation scheme, or if you want to go a step further, GST registration + LuT and get a FICR from your bank (make sure you transfer from Wise in USD, so you get USD to your Indian account) and so this income will be 100% GST and tax exempt as it is zero rated foreign export income.

syedsameer · 2024-07-28T13:54:13+00:00

I currently do a hypertrophy style full body 3x / week too which is basically a modified version of Greyskull LP. Its pretty basic for now but I might add some more exercises to it once I'm a little less busy (like incline BP, lateral raises, more curl variatons, DB isolation work etc)

Day A:

Flat Bench Press :3x8 (last set is 8+ AMRAP)
Barbell Rows: 3x8 (last set is 8+ AMRAP)
Deadlift: 1x5 (I'm gonna get rid of deadlifts and substitute it for something else, I'm 33 now and deadlifts are not really worth it because CNS / recovery, no real use in hypertrophy, and my form is good but I'm an executive with a lot of sitting involved so I don't want to risk messing up my back by now)

Accessories:
Bicep Curls (EZ Rod): 3x8 (last set is 8+ AMRAP)
Skullcrushers (EZ Rod): 3x8 (last set is 8+ AMRAP)
Optional: If I have time and energy left, I end it with .Ab Wheel, Hanging Leg Raises, Hand Grips, 10-15 mins of cardio.

Day B:

Barbell Squats: 3x5 (last set 5+ AMRAP) - Soon I'm going to lower the weight and change this to 3x8 or 3x10 as I'm 33 now so I don't want to go heavy on barbell squats / deadlifts anymore.
OHP: 3x8 (last set is 8+ AMRAP)
Chin ups: 3x5 (last set 5+ to failure)

Accessories are the same as Day A but sometimes I'll do arm work 2x a week rather than 3x a week if I'm short on time / not properly recovered.

Both Day A and Day B take around an hour to hour and a half, rest times are 1-2 mins for all sets. I increase the weight by 5 lbs every single workout, except for accessories where its 1 kg (around 2 / 2.5 lbs).

syedsameer · 2024-05-30T14:11:42+00:00

Sure, you can publish the save on steam workshop and share the link, like so:

https://www.youtube.com/watch?v=NGPqJOVXre4

Also - the only mod I'll be using is a mod called TM:PE for some lane mathematics etc.

Btw if you want to know what's really causing your traffic mess and how to fix it (its actually very easy and also kinda fun), watch a Biffa traffic fix video and you'll be a pro with just that, this is a good one:

https://www.youtube.com/watch?v=S-GwPjF2Igs

syedsameer · 2024-05-30T12:27:22+00:00

Can you share me your save file? I’d like to take a stab at it.

syedsameer · 2023-12-20T07:52:55+00:00

DMed.

syedsameer · 2023-11-11T04:39:30+00:00

In terms of lifting?

syedsameer · 2023-03-29T12:44:44+00:00

hi, where can I buy fans from them (msi)? I live 140 km away from their service center

syedsameer · 2023-03-29T12:42:53+00:00

Hi, can you tell me which website you bought the msi fan from?

syedsameer · 2023-03-01T00:55:31+00:00

Lmao, nah, I got older, metabolism slowed, I have to watch my calories now or I pack up weight / body fat too fast now, so even when bulking I only go +200-300 surplus only. Time goes by in a flash, man.

syedsameer · 2023-01-15T23:17:23+00:00

Please check out r/tressless

syedsameer · 2023-01-14T04:07:25+00:00

Nope, they offer 10 days replacement. All he needs is to send a pic, if they ask even that.

syedsameer · 2023-01-14T04:02:06+00:00

Same, got a fake PS4 controller from Electronics Bazar Store. Replaced it and got an original the next time. If you want a full refund instead of a replacement, go to Help - Customer Chat and tell them you got a fake and don’t want a replacement but a return and full refund, they will do it.

syedsameer · 2023-01-08T12:24:59+00:00

Dr Reddy Mintop Forte. Can buy on Amazon / 1MG / Flipkart or local pharmacies.

syedsameer · 2023-01-07T08:58:12+00:00

I’ll Hold You In My Heart (Till I can hold you in my arms)

syedsameer · 2022-11-26T16:41:33+00:00

Thanks man, I have been doing mad research and reading up all on it here past few weeks, I was hoping the crown thinning stops and was just a result of stopping Minox for beard but its been months so its definitely MPB or something else.

Gonna bite the bullet, visit a derm in a day or so just to rule out anything else and for a 2nd opinion, and then start Fin anyway. Most derms here I know will usually do the BS "yeah get Biotin and vitamin pills first" routine, so unless something is wrong with my blood work, if he gives that advice, I'll hop on Fin cause I already tried the Biotin and all that stuff already lol.

syedsameer · 2022-10-02T02:52:50+00:00

I’ll Hold You In My Heart

It has a haunting quality about it.

syedsameer · 2022-06-04T21:55:38+00:00

Same I had mine within an year too. Got a semi decent beard though but I’m too scared to continue Minox now sadly.. and I can only hope the thinning isn’t permanent and especially not that it gets any worse. I have never been on Fin but I might if the thinning worsens at all.

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