How do you knowledge about crypto but never heard of solana? lol it’s Literally a top 10 crypto

This is an echochamber. Ask here and most people are pro Solana, ask in r/cc and the tide will turn.

Solana had issues, evolved during the winter and has massive upside potential. And $800 is nothing to worry about. If it actually is, stay away from crypto and buy only Bitcoin.

Hey, Solana is a legitimate development based Blockchain project rivalling Ethereum in use-case. It has a budding ecosystem, it is good in gami-fi and nft projects because the costs are quite low in terms of fees. That isn’t me shilling that’s just what it is. It could go down or up, but in terms of buying into a cryptocurrency with ability to grow and is legitimate in this space Solana is a safe enough bet. Just avoid those placeholder tokens that have no blockchain of their own and you can’t get into tooo much trouble.

Its his money, don’t worry…

Any investment comes with an element of risk. If he’s able to hold SOL for the next 6 to 18 months then I wouldn’t worry.

Double down

Be worried when he mortgages the house to buy more

yes its a scam

Your father is a smart, smart man.

Nah, I would say it’s one of the safest after BTC and ETH

Then you don’t have knowledge.

Have you tried going onto the pineapplepizza subreddit and asking them if pineapple belongs on pizza?

Down to earth answer, if itll negatively impact the quality of his life should there be a steep drop then yes it’s concerning. If it wouldn’t then there’s nothing to worry about but all investments carry risk regardless.

Going to the moon

Matter of opinion, $800 isn’t a massive risk and could work out in his favour. In my opinion though, Solano is not a great investment, however he bought at a good time so there is still a lot of room for some upside, as long as he has a good exit strategy

it’s just $800.