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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 2634 times)

Offline salad daging

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Re: Are you stacking solana?
« Reply #30 on: March 10, 2024, 07:30:50 PM »
I use a Phantom wallet to store my Solana there for easier transactions and it's more widely used by most people.

There are many types of Solana wallets but Phantom is the most widely used, you can do it in the browser extension or in the mobile app.

Never store assets on the exchange is the most important thing.
Yes, you are right, as you said, currently Solana is starting a lot of development and Phantom is still the best wallet for Solana because it is quite easy to use. Meanwhile, storing assets on an exchange seems to have risks, but if you have very few assets then There is no problem if you immediately choose a safe exchange such as Binance to store there.
Solana is mostly used as a non-custodial wallet where they have their own control over their assets.

I have seen on twitter where there is a case of more than 2 btc assets lost due to his own carelessness so there are those who conclude he is using APY which is not responsible for the creator so this will be very terrible to store assets on the exchange.

Yes, small assets are fine but don't make it a habit to store them there, it's better in your own wallet without any third parties.

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Re: Are you stacking solana?
« Reply #30 on: March 10, 2024, 07:30:50 PM »

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Online bitterguy28

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Re: Are you stacking solana?
« Reply #31 on: March 11, 2024, 06:46:39 AM »
Have earned 16% now from the day I purchased recently so I will keep holding my coin at least till next year.

Though Solana is increasing its value but i think it will still surge and i'm planning to but 1 solana.

Just one question mate, what's your advise on where to store Solana or what wallet where to store them?
I have mine in Exodus mate as I find it more compliant and have been hearing good for Altcoin holding

https://coinmarketcap.com/currencies/solana/

yu should buy now mate while it is very cheap as a lot of good things around solana network expect the growth anytime sooner .

starting from 1 solana i good enough and just add from time to time .

Offline bisdak40

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Re: Are you stacking solana?
« Reply #32 on: March 11, 2024, 09:01:04 AM »
Have earned 16% now from the day I purchased recently so I will keep holding my coin at least till next year.

Though Solana is increasing its value but i think it will still surge and i'm planning to but 1 solana.

Just one question mate, what's your advise on where to store Solana or what wallet where to store them?
I have mine in Exodus mate as I find it more compliant and have been hearing good for Altcoin holding

https://coinmarketcap.com/currencies/solana/

yu should buy now mate while it is very cheap as a lot of good things around solana network expect the growth anytime sooner .

starting from 1 solana i good enough and just add from time to time .

Thanks for the answer mate, yeah i plan to buy Solana maybe next week when my funds is ready hehe.

One question, is the transaction fee of the Solana network cheap? I have not tried this network before.

Offline Crwth

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Re: Are you stacking solana?
« Reply #33 on: March 11, 2024, 03:24:39 PM »
Have earned 16% now from the day I purchased recently so I will keep holding my coin at least till next year.

Though Solana is increasing its value but i think it will still surge and i'm planning to but 1 solana.

Just one question mate, what's your advise on where to store Solana or what wallet where to store them?
I have mine in Exodus mate as I find it more compliant and have been hearing good for Altcoin holding

https://coinmarketcap.com/currencies/solana/

yu should buy now mate while it is very cheap as a lot of good things around solana network expect the growth anytime sooner .

starting from 1 solana i good enough and just add from time to time .

Thanks for the answer mate, yeah i plan to buy Solana maybe next week when my funds is ready hehe.

One question, is the transaction fee of the Solana network cheap? I have not tried this network before.
It is very cheap. Especially compared to the ETH with the high gas fees for the swaps etc. I have tried recently trading in JUP station and just tried and have positions with my current trades and it is just dirt cheap. It's definitely a better solution with all those expensive gas fees.

Not that it could completely replace ETH but it's definitely one of the things that would go along with it and maybe surpass one day.
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Offline bisdak40

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Re: Are you stacking solana?
« Reply #34 on: March 12, 2024, 08:31:37 AM »
Have earned 16% now from the day I purchased recently so I will keep holding my coin at least till next year.

Though Solana is increasing its value but i think it will still surge and i'm planning to but 1 solana.

Just one question mate, what's your advise on where to store Solana or what wallet where to store them?
I have mine in Exodus mate as I find it more compliant and have been hearing good for Altcoin holding

https://coinmarketcap.com/currencies/solana/

yu should buy now mate while it is very cheap as a lot of good things around solana network expect the growth anytime sooner .

starting from 1 solana i good enough and just add from time to time .

Thanks for the answer mate, yeah i plan to buy Solana maybe next week when my funds is ready hehe.

One question, is the transaction fee of the Solana network cheap? I have not tried this network before.
It is very cheap. Especially compared to the ETH with the high gas fees for the swaps etc. I have tried recently trading in JUP station and just tried and have positions with my current trades and it is just dirt cheap. It's definitely a better solution with all those expensive gas fees.

Not that it could completely replace ETH but it's definitely one of the things that would go along with it and maybe surpass one day.

Thanks for this additional input about the transaction fee of Solana network kabayan, now i know that sending Sol to another wallet is just cheap as i initially thought that it is a fixed fee of 0.02 Sol hehe.

Offline jamadrianne

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Re: Are you stacking solana?
« Reply #35 on: March 27, 2024, 04:33:38 PM »
Actually, I'm already late for stacking Solana. There was a time when it is just $8 and now I'm already left behind. I will just wait for a good opportunity again

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Re: Are you stacking solana?
« Reply #36 on: March 29, 2024, 02:54:19 AM »
I've been holding solana quite awhile now and it's very rewarding for me. It has big potential in the future. Some new projects been partnered and trusted solana and launched under solana ecosystem. And even their solana mobile which I think gave big impact to them.

So, for the question am I stacking solana? Sure did! And will continue.

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Re: Are you stacking solana?
« Reply #36 on: March 29, 2024, 02:54:19 AM »


Offline rdluffy

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Re: Are you stacking solana?
« Reply #37 on: March 29, 2024, 01:26:18 PM »
Actually, I'm already late for stacking Solana. There was a time when it is just $8 and now I'm already left behind. I will just wait for a good opportunity again

It's not a financial advise, but anyone who didn't buy SOL at 8 USD probably won't be able to buy it again
The price reached a very low level because of the collapse of FTX and most people (including me) thought the coin could go to zero
Thankfully, I still managed to hold on to some coins during the bear market, but I didn't buy any more either

When the price drops, people are usually afraid to buy

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Re: Are you stacking solana?
« Reply #38 on: March 30, 2024, 11:12:07 PM »
Actually, I'm already late for stacking Solana. There was a time when it is just $8 and now I'm already left behind. I will just wait for a good opportunity again
A good opportunity will not come a second time, it is impossible for Solana's price to reach $8 again because Solana's support is very high and has high demand so you can only enter when the price is high enough like it is now.

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Re: Are you stacking solana?
« Reply #39 on: April 12, 2024, 02:21:57 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.

It means that you really saw good potential and development in him, and the community also clearly saw Solana's performance in the short period of time that ended recently, right?

I also have SOL; before, I didn't pay much attention to it, but I didn't expect it to suddenly rally in the market, and under its network, there are also some utilities that also made noise, and many people supported it, and the majority was also filled with hope.
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Re: Are you stacking solana?
« Reply #40 on: April 12, 2024, 11:58:58 PM »
Unfortunately not. In fact, I only have a small amount of Solana and the price has skyrocketed. Not only that, with the little Solana I have, it seems less effective and promising for staking. The results were quite small.

But indeed, if SOL holders really have a lot, then that will really help them to get significant results, it's just a matter of how they find a way and also how good the results are. It would be quite tempting to have more Solana.

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Re: Are you stacking solana?
« Reply #41 on: April 13, 2024, 06:53:45 AM »
Unfortunately not. In fact, I only have a small amount of Solana and the price has skyrocketed. Not only that, with the little Solana I have, it seems less effective and promising for staking. The results were quite small.

But indeed, if SOL holders really have a lot, then that will really help them to get significant results, it's just a matter of how they find a way and also how good the results are. It would be quite tempting to have more Solana.
It's better to wait until you have a very large amount of Solana to get maximum profit. As long as the Solana you have is less than 50 Solana then it's better to keep collecting more first. Once collected, we can stake and enjoy passive income from your Solana staking.

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Re: Are you stacking solana?
« Reply #42 on: April 13, 2024, 06:03:28 PM »
I purchased a coin today. I will keep stacking.
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Offline rdluffy

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Re: Are you stacking solana?
« Reply #43 on: April 15, 2024, 08:24:10 PM »
I purchased a coin today. I will keep stacking.

I came here to post the exact same thing hehehe, bought some SOL in this dip, but I don't know how low the coin will go
I don't have much more fiat or USDT to buy more

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Re: Are you stacking solana?
« Reply #44 on: April 16, 2024, 07:47:03 AM »
I am slowly stacking Solana.
I convert my earnings in IOT into Soloana.

In fact, this is a good decision to fold the salon because it is a very promising blockchain, plus it is very popular. And as we see, during the year the salon has increased fivefold and I think that for her this is far from the limit and we can see an increase by several more times.
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