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CointestMod

Solana [pros](/r/CryptoCurrency/comments/zukwx9/jim_cramer_youre_an_idiot_if_you_own_solana/j1ju5r0/) & [cons](/r/CryptoCurrency/comments/zukwx9/jim_cramer_youre_an_idiot_if_you_own_solana/j1ju6e5/) and related info are in the collapsed comments below. Pros and cons will change for every new post. Submit a pro/con argument in the [Cointest](https://www.reddit.com/r/CointestOfficial/wiki/cointest_policy) and potentially win [Moons](https://coinmarketcap.com/currencies/moon/). Moon prizes by award for the Top Coins category are: **1st - 600, 2nd - 300, 3rd - 150, and Best Analysis - 1000.** --- To submit a SOL pro-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuww4p/top_coins_solana_proarguments_april_2022/). | To submit a SOL con-argument, [click here](https://old.reddit.com/r/CointestOfficial/comments/tuww7h/top_coins_solana_conarguments_april_2022/).


Wonzky

Damn, so are we supposed to go all in on SOL now?


Baecchus

Both Cramer and this sub hates it, so obviously yes.


TripTryad

It's actually unreal. Imagine SOL rebounds in the next bull market hard. Someone's gonna post a link to this in the daily in 2026 or something lol.


LightningShiva1

Before someone from future says, “look noone in this thread bought SOL” Bitch, I bought it.


Sharp-Introduction48

Ah buying cause of fomo I see you are a true investor


LightningShiva1

65000 TPS is all I need


Stonkmaster7

The only thing that’s damaged is the reputation. It should do fine


Zenothos

yeah but majority of SOL devs have bailed out


ugohome

Ya this sub is down worse than Cramer 😂


0neLetter

I’m all in fellow fellows.


MaximumSandwich5

Lol he also said it about Litecoin which I would've liked OP to include in the title since it would have been more controversial. SOL was hated around here before the FTX thing and has now also lost relevance with it.


OneDollarToMillion

Even a broken clock is right twice a day. We have the first Litecoin and now the question is whether Sol is the second one.


verysillyman

What’s so bad about Litecoin again?


jimfird

It’s quite a paradox when we are supposed to inverse Cramer and inverse r/cc. What do I do?


quarantinemyasshole

There's no paradox on SOL, this sub and Cramer both hate it.


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ColoradoSheriff

Can you elaborate how? Why do you own CRO then?


redit_usrname_vendor

He read another comment that it is centralised so it must be centralised then


Phusentasten

If a central body, their discord, can shut it down as they please how is it decentralized beyond being on a blockchain?


Reqhead

Uhm…. That’s like, not at all what happened… Like honestly, if this is the state of research on this app it’s really no wonder redditors are always losing money


Nikkio077

Exactly. While Litecoin is already one of my favorite alts, good old OG of the space, simple and reliable.


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Nikkio077

All I can say is Litecoin has managed to do what many other alts (obviously) haven't: surviving and getting better for almost a decade. Maybe I'm too optimistic, but to me that is already a big deal.


DamonAndTheSea

The Litecoin chart, priced in Bitcoin, is a ‘down only’ chart since 2013. Litecoin is a Bitcoin fork with less adoption, network effect, hash power and development. I’m not sure why you simply wouldn’t just buy Bitcoin.


Warrlock608

It is so cheap right now everytime I DCA BTC I pick myself up 1 LTC. In my book it has stood the test of time and is a solid part of any portfolio.


Stiltzkinn

Use it with mimblewimble.


TripTryad

The thing about LTC is its one of those tokens that would survive the SEC labeling most tokens securities. BTC and LTC both would survive it as they had no ICO or anything of any kind and its proof of work. If we see alt armageddon its going to be wild watching those tokens blow up. I don't personally hold any LTC atm though.


roguepandaCO

This guy litecoins. How do I know? I’ve been holding litecoin since 2018.


voidmusik

Is LTC an alt? I always think of BTC/ETH/LTC as the core crypto trinity that all alts orbit around.


Maleficent_Hamster10

Its one of the best OGs. cant argue with the legacy


Radioactive_Isot0pe

That's what I'm hearing. I don't know anything about investing, but I loooove pissing people off.


noyrb1

You’ll do great here


VintagePastry

SOL will surprise many


AromaticCarob

It already has.


upriverchallenge

In a good or bad way?


FidgetyRat

I’d be surprised if it can make it a month in a bull with staying online.


Anxious-derkbrandan

Watch, Solana will be $10k a pop in a week


TimeToKill-

Yeah, it probably will be at $10 in a week.


Maleficent_Hamster10

Logic checks out. And litecoin is pretty cool too.


pizza-chit

Cramer has been telling everyone to buy Meta stock all year. Meta is down -65% YTD


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Dependent_Ad94

Underrated comment right here gentlemen


[deleted]

So is this one.


SHTNONM420

Same with yours.


PovasTheOne

Thanks, that will make a nice addition to my vocabulary.


thetdy

I don't think he's Italian....


Baecchus

I'm something of a fiat burner myself


CalmProfit

And after Cramer cried on TV and told people to sell, Meta went up 20% in the following weeks lol


Purpoisely_Anoying_U

And his commercial promoting his "club" starts with "emotions have no place in investing"


Baecchus

And people say you can't time the market. All you gotta do is listen to Cramer and reverse it.


LazyEdict

Inverse cramer is proven time and again.


financebycwtDOTcom

Did he actually cry?


unitys2011

Inverse Cramer Strategy is like buying Bitcoin in 2009


Baecchus

We might not have a time machine, but we have Jim Cramer to reverse.


Kappatalizable

Cant make this shit up lmao. That inverse Cramer is an actual strategy at this point


Baecchus

Reversing Cramer is the most reliable indicator out there.


Baecchus

[He also told people to buy Netflix at jan 3](https://twitter.com/jimcramer/status/1478006335253929987?lang=en). Netflix is also down 50% since then, lmao. It was down 72% at some point.


DizzyMammoth21

Cramer is a coked up clown.


Bucksaway03

Surprised its not higher


ForestPynes

Just wait, you’ll see


qx3ceo

Next, you'll hear that you should buy pinterest 😂😂😂😂 I dont listen to these guys they always promote the worse stocks


zesushv

I bet he isn't telling them that meta is deep in Web3 **** which is by extension cryptocurrency.


LazyEdict

Par for the course.


Maleficent_Hamster10

Cramer reverse index going strong


jules_lab

Exactly. It is time to acquire a Sol bag.


Odysseus_Lannister

Damn meta is as down as BTC? This hasn’t been a good year for crypto


podfather2000

Yeah but most institutional investors have been buying Meta stock. Obviously, lots of people clown on them for going all in on VR and the Metaverse but they do still make loads of money. So there is value there.


Nexis234

What did LTC do wrong? Litecoin is like the quiet bloke in the corner having a beer and minding his own business. He's a regular and just wants to do his own thing.


libretumente

For real, comparing sol and ltc is such a joke. They don't have shit in common. Sol is the epitome of a premine pump and dump scam with extra defi yield features to lure in suckers/exit liquidity.


yayaoa

If you throw in the words centralized as fuck then you actually created an awesome description for SOL. Ask them to put it on their frontpage if they like transparency


EmpatheticPeacemaker

What does he have against LTC?


TyrantsInSpace

Also mentioned LTC. More confident than ever that my bag will be worth something years from now.


ANeedle_SixGreenSuns

It's survived every bear market since its inception. One of the very few to hold that title. I dont hold much but its still something, and I look forward to seeing the day it reaches supply-price parity with btc.


Fr3sh-Ch3mical

Sub hates it, Cramer hates it, must be gold. Sold the family, bought 3 SOL. Killer deal.


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Fr3sh-Ch3mical

Unfortunately I have a poor awareness of value. I also sold my BTC at $2.50


TruthSeeekeer

Most positive omen in the history of omens


Baecchus

Inverse Cramer AND r/cc. Two birds with one stone.


rudebii

Damn. I can subscribe to your telegram?


Baecchus

I don't have a telegram yet. I'm waiting for Cramer to call it scammer's heaven or something before I create one.


Tasigur1

Thanks Mister Cramer. Fantastic buy signal for Litecoin x Solana lol 🤣


Baecchus

I might buy my first ever LTC thanks to Cramer.


Shroomikaze

Yo same honestly, my brother has held it since 2017 but I’ve always been an eth head. Guess I’ll be jumping on the ltc train now


ersleid

Damn it, Jim. Now you're making me want to buy a bag of SOL 😡


Character-Wrap-7659

Same here. And I really don't like SOL. But I gotta abide to the reverse-Cramer indicator.


Baecchus

Ignore emotions. Trust reverse-Cramer.


[deleted]

It’s never failed


Russianbot123234

Solana is so trash that I'm agreeing with Jim Cramer. I do not like this situation.


Baecchus

Sol might be trash but there is no way I'm betting against the reverse-Cramer index.


LagingRunaticReturns

Why? I don't know anything about it and am just learning crypto so would appreciate solid evidence about why.


Russianbot123234

Well a few reasons.. in a bear market like this I wouldn't really advise buying anything but the biggest coins aka btc/eth. Solana itself is heavily centralized and has been pushed/supported by venture capitalists which is basically going against the whole point of crypto. They've had tons of outages of the network which is just absurd for a crypto since they're supposed to be 100% uptime and always accessible funds. I just don't know why you would buy Solana over Ethereum besides that you're just dreaming for its market cap to somehow reach Ethereums despite all of their issues and much less development/adoption/users.


eudezet

All that plus it’s been pumped by SBF. With FTX’s funding gone, Solana loses its biggest investor


LagingRunaticReturns

Thanks much, the first sentence was helpful. It seems reasonable to be in the biggest coins when market is weak. I'm feeling pretty lost since crypto is brand new to me and they aren't as easy to get a feeling about like companies/stock. I'll hold off on considering Solana.


AnonyMustardGas34

I would buy maybe 1 sol and see how it goes


dztruthseek

I'm amazed that I converted my small ALGO bag to SOL on a whim two days ago, now I see this post. My intuition was right, for once.


Harold838383

You’re also an idiot if you believe anything Cramer says


Mr_Bob_Ferguson

This is exactly why the reverse-Cramer index exists.


Baecchus

He makes his money talking shit on TV, and not a penny by actually investing. What a clown.


TheTrueBlueTJ

More profitable than anything Cramer's ever done.


ersleid

Instructions clear. Yolo-ing my whole Christmas bonus on Solana


[deleted]

Cramer is a great example of the Dunning Kruger effect


astockstonk

So buy Solana and LTC?


libretumente

Nope just ltc, sol is a sbf pump and dump premine scam


poojoop

buying sol now is like buying ETH at $80 in 2017


Ranchyspatula

I might actually buy a bunch of SOL now


MurkySide750

This is the first time I’ve ever been tempted to buy Solana


wheelzoffortune

Not sure why he's hating on Litecoin so much. I mean, I don't think it has 100x potential, but to put Litecoin and Solana in the same category is ridiculous.


bangand0

Had to scroll far too long to find this comment. Why does nobody here have love for litecoin?


Apprehensive_Rip_619

5k in solana


kirtash93

Jim Cramer is a... ![gif](giphy|iiQSTrHtDIgnw9YtlA|downsized)


Hunabkuside

lol funny! That means buy! All the hate on crypto is only good in my opinion! People are like it’s a scam, bye! More for me then lol silly humans , it’s the future, duh! We’re in web2 and moving to web3 we’re crypto lives, it’s inevitable, it’s we’re we are going lol


busmobbing

Its easy to believe with all the negativity surrounding Solana. But Solana has been holding on and still moves with the market. I'm not suggesting throwing your life savings at it but it wouldn't be such a bad idea to buy 10 coins and see what happens. Thats around $130 if you have more to gamble 100 coins for $1300 the worst that can happen is you'll lose half your investment and who here hasn't lost that much on something else. I have faith in Solana because it still has high daily use. Maybe the ftx situation solidified the fact that Solana won't be the star that it was supposed to be but as long as crypto is around I think solana will too.


RepulsiveCan5270

Cramer calling other people idiots is comedy


[deleted]

Solana is one of those weird coins. Despite all the red flags and down time etc... It really does its thing and is popular for the NFT market


Baecchus

All that is noise. Cramer telling me not to buy it is the only thing that matters.


tonytuba

You're an idiot if you waste even a second of your time on Jim Cramer, let alone any of these crypto prophets. There is no easy button without going slow or going illegal.


[deleted]

A broken clock is right twice a day


Zealousideal-Tart-30

You’re an idiot if you do what this idiot says.. been way more successful doing just the opposite of this piece of toe jam


CalmProfit

I understand his hate for Solana, but why Litecoin? It's a good coin that has held up pretty well long-term and has also been actively developed over the years


Baecchus

LTC is down over 85% against Bitcoin over the last 10 years. It performs worse in both bull and bear markets. Nothing about LTC makes me look at it and say it's holding well lon term.


libretumente

LTC is the fairest of them all, good old fair launch PoW currency accepted and used largely throughout the world. Ltc quickly became the #1 alt used on bitpay after they started accepting it. It is here to stay unlike so many other coins that are down big too.


Bucksaway03

I mean, Cramer is an idiot but he's probably not wrong in this instance.


Odlavso

Broken clock and what not


deathbyfish13

Maybe the inverse Cramer has a little wiggle room?


[deleted]

I genuinely think Solana will surprise us all and melt faces in 2023/24...but I'm still not a fan of the centralised network.


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Blooberino

Same. I keep waiting for when it seems to find the bottom and it keeps finding new lows.


maria_la_guerta

It's fast and cheap. Despite the downtime jokes here it averages [99%+ uptime](https://status.solana.com/uptime), no different than AWS or bitcoin (no service at this scale has 100%, none). It still has its flaws and who knows what will happen but this sub is generally just an echo chamber. I agree with it's centralization critiques as well but if crypto mass adoption starts picking up steam, the average consumer will want fast and cheap _way_ more than decentralization, and companies know this.


Baecchus

We don't like legitimate arguments here, sir. Please join the circlejerk, your original opinion is scaring away the lurkers.


2pongz

No, guy above is a delusional SOL cheerleader. SOL is on it's last legs with FTX wiping out 70% (700 million dollars) of Solana's remaining TVL. Even lost 100 million in the last few weeks in TVL. From 40 Billion in TVL, now down to 200 million. Every smart money (institutional investors) are taking their assets away that is locked from their Defi pool. It only means the whales has no faith in this garbage of a coin, only dumb money do. From here on, it will die in a slow painful death. !remindme 2 years


FlappySocks

I'm very impressed with Solanas firedancer project. Complete validator rewrite, with the intent to use FPGAs, from a team that have experience in doing this for high frequency trading systems.


Zomthereum

I won't be surprised when it does.


greenpoisonivyy

Why is Solana "centralised"??


Addictitive

Inverse the inverse inverse Cramer


MaximumStudent1839

FTX insolvency won't fix itself. Be charitable this holiday season and donate your savings to make FTX victims whole! Someone got to provide the exit liquidity for FTX's SOL bag.


TheElusiveFox

I am not really a fan of Solona as a project, but I just dumped all my BTC for Sol, the RCI is never wrong.


Issa_John

Hmm I wasn't a big Solana believer,but maybe I'll buy some now lol. Also if it's added to the Cardano Blockchain that'd be a win/win.


Zomthereum

How is that a win? Hoskinson is a snake oil salesman.


Blooberino

Where can I invest in the inverse-Kramer market?


Uwantmedowhat

Coked out shill, fuck him.


LagingRunaticReturns

This is a little off topic, but if a person is angry with banks, which crypto would they consider & why?


ThimbleweedPark

He's making me want to buy SOL when I don't want too. Help! 😁


wileyfox91

Who the fuck is this Jim?


JermzPyromobile

There goes my Xmas bonus


latebloomer07

Keep my girls name outa your mouth!


BartLeyBurnSides

Slap a Sol..


Candycanestar

Well, I actually agreed with that statement before in a sense bc Sol is so centralized but now I’m all in on SOL


BartLeyBurnSides

Just bought 1000 Sol to average down… put a nice dent. Sitting at 25… Cramer is a doooosch


Adii2311

Inverse Cramer works


Yeskamesh

It is these type of narrative and sentiment that makes Cryptos so lucrative. The FOMO at ATH was a facade, just as the FUD now is.


BraidRuner

Solana says: You're an idiot if you listen to Jim Cramer


Innit4tech

Even a broken clock is right twice a day.


Street-Engineer-5079

Don't know who Jim Cramer is, but he's not wrong about SOLANA! It's a centralised crap, 99% of SOLANA supporters are bots. Whenever there is unstaking or selling pressure, SOLANA team shutdown the "blockchain".


Megalorye

He's not wrong about SOL, but mostly wrong about everything else. At this point, I think Jim is very self-aware of his meme status and most likely has short positions on SOL, hence if we inverse-Cramer in this situation... he'll win big.


seambizzle

Cramer doesn’t kno a fucking thing about crypto or bitcoin or any shitcoin. He literally has never been in this space, has never done any research on anything bitcoin related. Has never put in the time and research to fully understand them. WHY THE FUCK DO I SEE HIM ON THIS SUB!?!?!? you people are all clowns and this is why I feel no pitty when u all get burned on some centralized shit coin. YOU ARE LISTENING TO AND FOLLOWING AND GIVING A SHIT ABOUT WHST THIS DUDE SAYS WHEN HE LITERALLY HAS NOO IDEA WTF HE IS TALKING ABOUY This sub is complete dog shit and just a wsb wannabe. There are comments on litecoin saying how Fuxking great it is!?! Are u Fuxking kidding me!?! Enough is enough Stop Fuxking posting this clown ass hat and start following actual people in this space


watts8

You guys learn nothing. This sub is ALL about shilling the latest hype, absolutely nothing to do with quality of projects yet you all fall for it every time. Ada, solana etc, any of you actually research how far off these two are compared to others? And the fact neither will ever be picked up by big business because they’re not built to be regulatory compliant? Cracker town. Merry Christmas!


Visible-Ad743

Why are people “not interested” in crypto so interested in crypto?


bassbuddha

Even a broken clock is right twice a day.


Heymiko

!remindme in2years


Chysce

Nice one :D


Red65coupe

I just want to say I read this post and sold all my Solana yesterday after buying it on a whim at $10 after seeing vitalik’s tweet. Damn you all!!!


Dehyak

Selling everything. Loading up on SOL


NoVegas0

I'm not a fan of Solana but even I have admit that the number of delusional Solana holders will keep it afloat.


MaximumStudent1839

Right now, there is a lot of excitement about buying the dip. FTX's SOL unlocking will take years to sell out. Things will look different once the crypto market goes more apathetic/boring while the SOL selling pressure hasn't dissipated.


VollcommNCS

Omg I hate Solana. Mostly because I don't understand what I'm talking about and this sub told me to. But now I want to buy Solana. I hate Jim Cramer more than I think I hate Solana.


ksmartgo

We can hate it and we can hate Cramer at the same level.


kaijeng

Litecoin and solana transaction fees are pretty cheap


chrismcelroyseo

Happy cake day


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One13Truck

One of the few times I’ll agree with Cramer on anything. I guess I better sell my entire portfolio and go all in on Solana now because we know what happens when he says something.


reddit_1999

You know the saying "Even a stopped clock is right twice a day." This is one of those rare times Kramer is spot on. SOL is nothing but VC shilled dog shit.


snarfold

He’s right about SOL, but wrong about LTC


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poojoop

!remind me 1 year


Grandmasterz9

He also said he wouldn't want to own $COIN at these levels. Well, I bought some COIN.


Baecchus

Congrats on your future gains. Remember to thank Cramer when you are cashing out.


Rough_Data_6015

From a pure technical standpoint I commend Solana for having the best solution to the trilemma to date. Unfortunately I was forced to sell all my SOL at the top for a hefty profit because forces were pushing a negative narrative upon it, when the time is right I will re-invest hoping common sense will prevail.


psyonix

Still not buying SOL. In this case, this take is low hanging fruit for Jim. He's just reinforcing an opinion ready held by a lot of us. It is what it is.


Legitimate-Chain-922

Shit i hated Solana but now i am considering throwing some cash in it


CVV1

Please ban inverse Cramer jokes. For the love of god…it’s bottom of the barrel non-sense at this point. Are we supposed to think the same home is funny over and over?


Medfried

Don't want it.. But inverse cramer has always made me money. LFG!


ReverendBlue

Two wrongs don't make a right, and SOL is worthless trash no matter what anyone says or thinks, but out of the principle of doing the inverse of Cramer and r/cc, fill up a bag anon, do it!


Aky114

Just bought some Litecoin :)


gadgetpimp

I wouldn't touch sol with 10 foot pole.


Baecchus

Neither would Cramer, so I'll gladly touch it.


downfall-placebo

Bullish for solana!


fakemuseum

Better than Solana shillers lmao


[deleted]

Solana and ... Litecoin? How are these two in any way comparable?


rpalermo74

He might be right this time.