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Solana Forum / Re: Are you stacking solana?
« 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.