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Poll

Do you stack and hodl solana?

Yes
5 (31.3%)
No
5 (31.3%)
I may start soon.
6 (37.5%)

Total Members Voted: 16

Voting closes: May 28, 2024, 05:14:27 AM

Author Topic: Are you stacking solana?  (Read 7573 times)

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Re: Are you stacking solana?
« Reply #90 on: May 12, 2024, 05:33:31 PM »
Yes of course if one is not risk averse one should not invest in any cryptocurrency coin I believe in this statement. But when we invest in crypto here we are at risk but also when we are staking it will increase our risk a bit more. so one should decide whether to stake or not according to one's risk tolerance. Staking is profitable on the one hand and somewhat risky on the other.
That's right. First of all, you should realize that this is a high-risk asset. Today it is worth $200, and tomorrow it will be $100 - and that is quite normal. + don't forget that it's cryptocurrency regulation time. There is absolutely no guarantee that SEC will not be interested in sol.

P.S. If you invest, do it in small installments, so that you can average your position in this asset at any time.  8)
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Re: Are you stacking solana?
« Reply #90 on: May 12, 2024, 05:33:31 PM »

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Re: Are you stacking solana?
« Reply #91 on: May 13, 2024, 05:10:23 PM »
I added another Solana to the stack.
I am hoping to stack more than 50 Solana this year.
50 Sol will become 100 SOL later when Altcoin season happens, and you already have $15k that's enough to make you have fun in one year, if you don't mind sharing how to get 50 sol in one year with us

Just because I hope to reach 50 Sol does not mean I will. I am at 13. So 50 is pretty far off.
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Re: Are you stacking solana?
« Reply #92 on: May 14, 2024, 05:30:54 PM »
Check out LSTs, it's a new trend!

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Re: Are you stacking solana?
« Reply #93 on: May 15, 2024, 08:34:09 AM »
I added another Solana to the stack.
I am hoping to stack more than 50 Solana this year.
50 Sol will become 100 SOL later when Altcoin season happens, and you already have $15k that's enough to make you have fun in one year, if you don't mind sharing how to get 50 sol in one year with us

Just because I hope to reach 50 Sol does not mean I will. I am at 13. So 50 is pretty far off.
Continue to carry out routine sales activities every day, there are many new tokens that we can take advantage of their price movements to grow the assets we have in Solana, the important thing is that we must continue to trade quickly, if you can enter the newly created tokens, after the next five minutes you can go out and make a profit even though 0.5 Solana is enough for each day.

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Re: Are you stacking solana?
« Reply #94 on: May 16, 2024, 10:49:25 AM »
I added another Solana to the stack.
I am hoping to stack more than 50 Solana this year.
50 Sol will become 100 SOL later when Altcoin season happens, and you already have $15k that's enough to make you have fun in one year, if you don't mind sharing how to get 50 sol in one year with us

Just because I hope to reach 50 Sol does not mean I will. I am at 13. So 50 is pretty far off.
Continue to carry out routine sales activities every day, there are many new tokens that we can take advantage of their price movements to grow the assets we have in Solana, the important thing is that we must continue to trade quickly, if you can enter the newly created tokens, after the next five minutes you can go out and make a profit even though 0.5 Solana is enough for each day.
Yes, this hit and run method is very good for making profits on new projects on Solana. many have already done it and benefited from this. Solana is an alternative smart contract with cheap gas fees, this makes many new projects use the Solana network.

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Re: Are you stacking solana?
« Reply #95 on: May 16, 2024, 02:35:59 PM »
Yes, this hit and run method is very good for making profits on new projects on Solana. many have already done it and benefited from this. Solana is an alternative smart contract with cheap gas fees, this makes many new projects use the Solana network.
Yes, that's the way many people on the Solana network do, they just take advantage of the moment to project new projects without holding them for a long time, maybe some coins are promising, but not all.

However, we also don't immediately get profits, because we also have to make an analysis and finally we convince ourselves to enter into a project. Not a few have failed with this strategy, and quite a few have succeeded.

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Re: Are you stacking solana?
« Reply #96 on: May 18, 2024, 08:20:57 PM »
Yes, that's the way many people on the Solana network do, they just take advantage of the moment to project new projects without holding them for a long time, maybe some coins are promising, but not all.

However, we also don't immediately get profits, because we also have to make an analysis and finally we convince ourselves to enter into a project. Not a few have failed with this strategy, and quite a few have succeeded.

Jaringan Solana sebetulnya sama seperti ketika awal terciptanya jaringan BSC yang mempunyai biaya termurah dan banyak di manfaatkan oleh pengembang untuk menciptakan token baru dengan biaya yang sangat murah. Saat ini kejadian seperti itu terulang lagi di jaringan Solana yang mempunyai biaya lebih murah daripada jaringan BSC.
Yes it is true, this is something similar to what we saw on the BSC network and one of the reasons is also the same as what we see now.

This is something they always take advantage of, and it is possible that in the future there will also be other networks that will shift what Solana is experiencing. Seems like the case when they (developers) switched from bsc network to solana. This is something we might look at next.

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Re: Are you stacking solana?
« Reply #96 on: May 18, 2024, 08:20:57 PM »


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Re: Are you stacking solana?
« Reply #97 on: May 18, 2024, 09:42:59 PM »

Yes it is true, this is something similar to what we saw on the BSC network and one of the reasons is also the same as what we see now.

This is something they always take advantage of, and it is possible that in the future there will also be other networks that will shift what Solana is experiencing. Seems like the case when they (developers) switched from bsc network to solana. This is something we might look at next.
Technology will always advance and new networks will emerge, in the past we saw Binance Smart Chain as an alternative network to Ethereum, then now we see Solana which is starting to become popular and offers many advantages. Maybe in the future we will see other better networks.

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Re: Are you stacking solana?
« Reply #98 on: May 19, 2024, 02:31:39 AM »
I added another Solana to the stack.
I am hoping to stack more than 50 Solana this year.
50 Sol will become 100 SOL later when Altcoin season happens, and you already have $15k that's enough to make you have fun in one year, if you don't mind sharing how to get 50 sol in one year with us

Just because I hope to reach 50 Sol does not mean I will. I am at 13. So 50 is pretty far off.
Continue to carry out routine sales activities every day, there are many new tokens that we can take advantage of their price movements to grow the assets we have in Solana, the important thing is that we must continue to trade quickly, if you can enter the newly created tokens, after the next five minutes you can go out and make a profit even though 0.5 Solana is enough for each day.
Yes, this hit and run method is very good for making profits on new projects on Solana. many have already done it and benefited from this. Solana is an alternative smart contract with cheap gas fees, this makes many new projects use the Solana network.
The Solana network is actually the same as when the BSC network was first created, which has the lowest costs and is widely used by developers to create new tokens at very low costs. Currently, something like this is happening again on the Solana network which has cheaper fees than the BSC network.

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Re: Are you stacking solana?
« Reply #99 on: May 19, 2024, 02:34:51 AM »

Yes it is true, this is something similar to what we saw on the BSC network and one of the reasons is also the same as what we see now.

This is something they always take advantage of, and it is possible that in the future there will also be other networks that will shift what Solana is experiencing. Seems like the case when they (developers) switched from bsc network to solana. This is something we might look at next.
Technology will always advance and new networks will emerge, in the past we saw Binance Smart Chain as an alternative network to Ethereum, then now we see Solana which is starting to become popular and offers many advantages. Maybe in the future we will see other better networks.
Exactly, therefore, when new people enter the world of trading, they have to study everything carefully, because as you have said, more and more new projects with new networks are being created. Sometimes we cannot make transactions when the other exchange network is not available.

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Re: Are you stacking solana?
« Reply #100 on: May 19, 2024, 03:50:24 AM »
I added another Solana to the stack.
I am hoping to stack more than 50 Solana this year.
50 Sol will become 100 SOL later when Altcoin season happens, and you already have $15k that's enough to make you have fun in one year, if you don't mind sharing how to get 50 sol in one year with us

Just because I hope to reach 50 Sol does not mean I will. I am at 13. So 50 is pretty far off.
You are the youngest person I have ever met on this forum, if it is true that you are now 13 years old then you are a smart person and maybe you will have 50SOL later.

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Re: Are you stacking solana?
« Reply #101 on: May 19, 2024, 01:58:38 PM »
I am slowly stacking Solana.

I plan to get to 5 solana from my current stack by the end of this year.

I have under 3 solana.

I believe that Solana is a big five year stack and hold coin.

So far I do it via my hotspot miner.

I convert my earnings in IOT into Soloana.

        -  Probably right now you are staking Solana at the moment, right? I just asked Op, where did you stake SOL on CEX or DEX? If in CEX, which platform? And as for DEX, which platform too? I'm just curious, because I also want to do some staking while I'm waiting for a rally in bitcoin and the top altcoins in the market.

Because this is the best thing to do while waiting, especially if we have several holdings of altcoins in our wallet accounts, and this is really the best way.

Offline philipma1957

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Re: Are you stacking solana?
« Reply #102 on: May 19, 2024, 05:42:52 PM »
I am slowly stacking Solana.

I plan to get to 5 solana from my current stack by the end of this year.

I have under 3 solana.

I believe that Solana is a big five year stack and hold coin.

So far I do it via my hotspot miner.

I convert my earnings in IOT into Soloana.

        -  Probably right now you are staking Solana at the moment, right? I just asked Op, where did you stake SOL on CEX or DEX? If in CEX, which platform? And as for DEX, which platform too? I'm just curious, because I also want to do some staking while I'm waiting for a rally in bitcoin and the top altcoins in the market.

Because this is the best thing to do while waiting, especially if we have several holdings of altcoins in our wallet accounts, and this is really the best way.

Not a fan of staking a coin.

I KEEP my Solana in a wallet.

I CONTROL the wallet

I now have 13 Solana.
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Offline Metha Wulandarin

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Re: Are you stacking solana?
« Reply #103 on: May 19, 2024, 06:21:38 PM »
I am slowly stacking Solana.

I plan to get to 5 solana from my current stack by the end of this year.

I have under 3 solana.

I believe that Solana is a big five year stack and hold coin.

So far I do it via my hotspot miner.

I convert my earnings in IOT into Soloana.

        -  Probably right now you are staking Solana at the moment, right? I just asked Op, where did you stake SOL on CEX or DEX? If in CEX, which platform? And as for DEX, which platform too? I'm just curious, because I also want to do some staking while I'm waiting for a rally in bitcoin and the top altcoins in the market.

Because this is the best thing to do while waiting, especially if we have several holdings of altcoins in our wallet accounts, and this is really the best way.
If you only want to store for the short term while waiting for the bullish season you can do it on Binance or BYBIT, if you store in your wallet there is a slight risk of drain, lately many people have experienced losing assets in their wallets so it's better to store in CEX there are complete features available.

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Re: Are you stacking solana?
« Reply #104 on: May 19, 2024, 09:08:18 PM »
If you only want to store for the short term while waiting for the bullish season you can do it on Binance or BYBIT, if you store in your wallet there is a slight risk of drain, lately many people have experienced losing assets in their wallets so it's better to store in CEX there are complete features available.
I don't know how much APY is offered on the exchange? But most people are staking on DEXs hoping for token rewards especially with some of the newer projects so most people own there rather than on exchanges.
But I don't stake in exchanges because it's definitely a small APY, so I make sure to stake in new projects even though it's a high risk.

 

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