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Poll

Do you stack and hodl solana?

Yes
5 (38.5%)
No
4 (30.8%)
I may start soon.
4 (30.8%)

Total Members Voted: 13

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

Author Topic: Are you stacking solana?  (Read 2666 times)

Online philipma1957

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Are you stacking solana?
« on: February 19, 2024, 04:14:27 AM »
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.
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Are you stacking solana?
« on: February 19, 2024, 04:14:27 AM »

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Offline MrSpasybo

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Re: Are you stacking solana?
« Reply #1 on: February 19, 2024, 06:52:06 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.
If you believe in the growth potential of the Solana ecosystem, staking SOL is the right decision. Many stakers have received large airdrops from new projects in the Solana ecosystem, their value is even greater than the value of staked SOL.

Investors who continue to believe in SOL have bought a lot of SOL in the $8-10 price range during the crypto winter, staking continues to bring them more SOL and other tokens. Opportunity is only for those who are persistent and understand the value of Solana.

Currently, compared to the bottom price zone, the SOL price is quite high. Just 10 SOL tokens are worth more than $1K, hope the SOL price will continue to increase strongly in the bullrun and bring profits to SOL holders and stakers!
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Online philipma1957

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Re: Are you stacking solana?
« Reply #2 on: February 19, 2024, 10:09:58 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.
If you believe in the growth potential of the Solana ecosystem, staking SOL is the right decision. Many stakers have received large airdrops from new projects in the Solana ecosystem, their value is even greater than the value of staked SOL.

Investors who continue to believe in SOL have bought a lot of SOL in the $8-10 price range during the crypto winter, staking continues to bring them more SOL and other tokens. Opportunity is only for those who are persistent and understand the value of Solana.

Currently, compared to the bottom price zone, the SOL price is quite high. Just 10 SOL tokens are worth more than $1K, hope the SOL price will continue to increase strongly in the bullrun and bring profits to SOL holders and stakers!


I never stake do not believe it is legal to do in the USA and I feel eventually it will get banned to stake in the USA.
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Re: Are you stacking solana?
« Reply #3 on: February 20, 2024, 05:48:32 AM »
I have never bought or been a holder of Solana coins, so I also have no interest in staking Solana coins.
There are many reasons and considerations for me not buying Solana coins because I noticed that the Solana coin blockchain was outage several times.
Then I also don't understand how to stake Solana coins, and the most basic thing is that I don't know a personal wallet that is very suitable and comfortable for holding Solana coins.
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Online philipma1957

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Re: Are you stacking solana?
« Reply #4 on: February 20, 2024, 05:58:26 AM »
I have never bought or been a holder of Solana coins, so I also have no interest in staking Solana coins.
There are many reasons and considerations for me not buying Solana coins because I noticed that the Solana coin blockchain was outage several times.
Then I also don't understand how to stake Solana coins, and the most basic thing is that I don't know a personal wallet that is very suitable and comfortable for holding Solana coins.

cant find a good wallet for your solana.

I use my ipad and a helium wallet app.

I am pretty sure android tablets have the app.

It gives. 12 word recovery works okay.

since I mine with my hotspot i just convert my IOT into solana.

I think I can buy solana on my coinbase wallet and move it to the helium wallet.

I just purchased a Solana on my coinbase account. So I now have four coins.

one in coinbase and three in the helium wallet.
« Last Edit: February 20, 2024, 07:06:08 PM by philipma1957 »
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Re: Are you stacking solana?
« Reply #5 on: February 21, 2024, 06:09:04 PM »
I have never bought or been a holder of Solana coins, so I also have no interest in staking Solana coins.
There are many reasons and considerations for me not buying Solana coins because I noticed that the Solana coin blockchain was outage several times.
Then I also don't understand how to stake Solana coins, and the most basic thing is that I don't know a personal wallet that is very suitable and comfortable for holding Solana coins.

The outage of Solana's network was much talked about, but the network has returned to normal and apart from the inconvenience of having to wait for the network to come back online to make transactions, nothing serious has happened
In addition, the network had been running at 100% for almost a year, and outages have been infrequent for a long time now

If you want a recommended wallet, Phantom is an excellent choice


cant find a good wallet for your solana.

I use my ipad and a helium wallet app.

I am pretty sure android tablets have the app.

It gives. 12 word recovery works okay.

since I mine with my hotspot i just convert my IOT into solana.

I think I can buy solana on my coinbase wallet and move it to the helium wallet.

I just purchased a Solana on my coinbase account. So I now have four coins.

one in coinbase and three in the helium wallet.

Like I said above, Phantom is probably the most used wallet for Solana, here https://phantom.app/
It's a good wallet, I'm using for more than 3 years

Offline NikeFit_7777

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Re: Are you stacking solana?
« Reply #6 on: February 22, 2024, 08:31:33 AM »
Honestly? I don't see it, the technology, much less the promise of it. The fact that the price has risen from 20 dollars to 100+ does not mean that it is worth moving from other assets to SOL. + depending on what situation you have with other assets and what % you managed to earn that you could pour them into SOL. Any transfusion of an asset, from one to another, carries enormous risks. Remember this.

P.S. It will be interesting to see your result. As soon as you make a rebalance, post in this thread (+ specify market prices, etc). I think everyone will be interested to observe for your actions.
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Re: Are you stacking solana?
« Reply #6 on: February 22, 2024, 08:31:33 AM »


Offline salad daging

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Re: Are you stacking solana?
« Reply #7 on: February 23, 2024, 06:20:29 PM »
I don't plan to accumulate Solana long term but I myself have bought 3.5 Solana for the purposes of the ecosystem that exists in the Solana network because for me there the ecosystem grows faster by being able to generate airdrops and I myself hunt for that to buy solana.

What do I do with Soalana? Staking/Add Liquidity/Borrow/Lend and trying out some of the NFT markets that exist on this network because according to what I analyzed it has potential for the future.

But if it's for investment then it's a NO.

Offline rdluffy

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Re: Are you stacking solana?
« Reply #8 on: February 23, 2024, 07:46:30 PM »
I don't plan to accumulate Solana long term but I myself have bought 3.5 Solana for the purposes of the ecosystem that exists in the Solana network because for me there the ecosystem grows faster by being able to generate airdrops and I myself hunt for that to buy solana.

What do I do with Soalana? Staking/Add Liquidity/Borrow/Lend and trying out some of the NFT markets that exist on this network because according to what I analyzed it has potential for the future.

But if it's for investment then it's a NO.

The good thing about Solana is that with 3.5 SOL you can make thousands of transactions hehehe

Do you also use USDC and USDT on Solana for stake/lend/borrow? Or just the SOL?

In my case I use USDT + USDC + SOL almost 99% of the time
And yet I always have some SOL saved for a possible increase in value

Online philipma1957

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Re: Are you stacking solana?
« Reply #9 on: February 24, 2024, 04:52:00 PM »
I don't plan to accumulate Solana long term but I myself have bought 3.5 Solana for the purposes of the ecosystem that exists in the Solana network because for me there the ecosystem grows faster by being able to generate airdrops and I myself hunt for that to buy solana.

What do I do with Soalana? Staking/Add Liquidity/Borrow/Lend and trying out some of the NFT markets that exist on this network because according to what I analyzed it has potential for the future.

But if it's for investment then it's a NO.

Funny we have just about the same amount of solana. I have 3.99

I earn IOT with my hotspot miner and I do not hodl it. I convert it to solana.
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Re: Are you stacking solana?
« Reply #10 on: February 24, 2024, 09:54:20 PM »
The good thing about Solana is that with 3.5 SOL you can make thousands of transactions hehehe
Hahaha right, transactions on the Solana network are quite cheap. ;D

Do you also use USDC and USDT on Solana for stake/lend/borrow? Or just the SOL?
Yes, partly I also use USDC or USDT for staking/borrow/lend but for now mostly in SOL not stablecoins, because I think it will be bullish in the future so there is still hope that SOL will rise so more in SOL than USDC and USDT.

In my case I use USDT + USDC + SOL almost 99% of the time
And yet I always have some SOL saved for a possible increase in value
Indeed, in some point scoring by holding SOL far more than stablecoins, it will prioritize SOL, and honestly do not try other tokens even though there are other options on the Solana network.

Funny we have just about the same amount of solana. I have 3.99
I would even upgrade SOL again if I had more money. Lol...

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Re: Are you stacking solana?
« Reply #11 on: February 24, 2024, 10:30:44 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.
Actually I think Solana coin is very good for investment. But I'm currently going with Bitcoin and Ethereum to invest. But I will add Solana to my portfolio very soon as I believe it will make a good position in five years. Solana coin was the most dumped in the market dumping we saw going from dumping $250+ to $8. After that, the market recovered from $8 and almost went on the road to recovery, but currently Solana is at $104. I always wish that your investment goes according to your expectations. You go ahead with your investment and grow your investment using the DCA method at one time you will be very successful from here.

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Re: Are you stacking solana?
« Reply #12 on: February 25, 2024, 06:49:50 AM »
Honestly? I don't see it, the technology, much less the promise of it.

The tech is here! Solana has indeed achieved some things other coins will never be able to, of course by trading it for other issues but the specs are there, the capacity and the scaling is real, the downsizing of the blockchain by not following the traditional path and implementing account state, and much more, you can look at the stats, 30 million transactions a day is the proof of that.
The only problem with it is the threat of centralization, and probably that's the reason why even if it will become the second crypto it will never be able to threaten Bitcoin, ever! It's more of a ripple with a tiny bit of freedom flavor but not close enough.
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Re: Are you stacking solana?
« Reply #13 on: February 25, 2024, 07:43:17 AM »
Maybe it's with the hype of all the coins that are airdropping? A lot of coins that have big value are within the Solana network and it could give more. I have seen a lot of people gaining free money just because of it and they are using SOL and then making transactions. Maybe that would be beneficial or something.
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Re: Are you stacking solana?
« Reply #14 on: February 28, 2024, 07:37:38 AM »
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.
I am now , Have bought my first 2 Solana few days ago and now gathering funds to purchase little by little readying for the great pump anytime soon or maybe early next year.

Actually like you , Am planning to convert all my litecoin holding to Solana but still thinking about this though may decide in the coming days while seeking for best advise from people like you .

 

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