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

14d ago

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!

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    Discussion (11)

    What are your thoughts?

    Chris

    Chris

    14d ago

    Level 14Β·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

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      Solana.

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      1) Cardano is not live yet. Solana is already live, total value locked is rising at immense rate. Developer momentum is similar.

      2) Buying Cardano instead of Solana is like buying a pre-revenue SPAC over a company whose growth is ridiculous (e.g. $SE).

      3) For all the actual value already created on solana, it's still smaller than Cardano in terms of market cap.

      4) Solana with 65000 transactions per second is one of the fastest if not the fastest chain in crypto. Solana has institution backing as well.

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      Here is a comprehensive thread by your's truly on all resources you need to understand Solana. If you still choose to buy Cardano, then good luck.

      https://twitter.com/JoeyKoh_/status/14319813620...

      ​

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        Buy everything.

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        BTC - 50%

        ETH - 25%

        SOL - 20%

        ADA - 5%...

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