facebookSOLANA OR CARDANO? BITCOIN OR ETHEREUM? Choose one and explain the rationale behind your choice. - Seedly

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Anonymous

08 Sep 2021

βˆ™

Cryptocurrency

SOLANA OR CARDANO? BITCOIN OR ETHEREUM? Choose one and explain the rationale behind your choice.

This will be an investment for the Long Term! Let’s go!

Discussion (11)

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CommonSense Investor

16 Sep 2021

Certified Professional at Biotechnology and Gene Therapy Industry

Have you seen ETH gas fees lol

Buy everything.

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BTC - 50%

ETH - 25%

SOL - 20%

ADA - 5%

View 1 replies

Bitcoin for Risk-off (Bear market etc, more of savings vehicle)

ETH & SOL for risk-on high growth

ADA is an empty shell IMO

Chris

09 Sep 2021

Owner and Writer at Tortoisemoney.com

BTC and ETH are definitely more 'blue-chip'. But for me, I look for potential. I don't see BTC doing more than a 2x easily tbh. ETH can probably go further but that remains on its execution for the future. Nevertheless, still a much higher valuation and kind of less runway. I do still like ETH though and I do hold a position.

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ADA has way too high a market cap for its lack of substance. No functional smart contracts/defi in place. And way too much of ADA is powered by their leader, Charles', personality LOL. So, to put it bluntly, ADA is a shitcoin to me. Come to think of it, it reminds me of Theranos heh. (Doesn't mean you can't make money from it, I just think it's not worth it.)

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Well, as you might have guessed, I'm all in for SOL SZN πŸ‘€πŸ‘€πŸ‘€ I do echo Joey's points below. Solana has a pretty high TPS and low fees. It has CEX support via FTX (which I think is key to the success of a chain, similar to how Binance Smart Chain has Binance and Ethereum has well, everyone HAHAH).

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Perhaps to give some counter points on why you might not want to invest in Solana.

  • The infrastructure currently is limited Solana's ecosystem. We constantly face RPC issues when things get hot (e.g. Star Atlas launch) which may cause slowdown in transactions.
  • Many projects are VC heavy, which usually causes dumping when the vested tokens unlock (Insert SBF dumped on us meme). This also affects the decentralisation of the ecosystem.
  • It's pretty costly to run a Solana node (unlike many other chains). Some say this will affect the decentralisation of the Solana ecosystem and this can pose a risk to the long term success of the ecosystem.

That's all folks, WAGMI

View 2 replies

Solana.

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1) Cardano is not live yet. Solana is already live, total value locked is rising at imme...

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