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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 2967 times)


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Re: Are you stacking solana?
« Reply #60 on: April 25, 2024, 04:58:26 AM »

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Offline TopT3ns

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Re: Are you stacking solana?
« Reply #61 on: April 26, 2024, 03:57:18 AM »
I started staking Solana although not up to 1SOL but for me this is not bad at least there is a little income, later if Solana experiences another decline I have plans to increase it again
In my opinion, staking Solana when the price is high is not a good thing, but when you are trapped at a high price and the Solana price has fallen very deeply then the staking method is better and safer because it will still give you interest on the capital you use.

Offline Wiseman

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Re: Are you stacking solana?
« Reply #62 on: April 26, 2024, 07:47:28 AM »
Yes, you are right, even just because we are here, this place is a forum created to help each other and not just to write some messages about the fact. Any person can come here to read and ask a question to any of us and I am sure that Anyone will help him.
That is why this forum is liked by many people, the friendliness of all users of this forum can be a good future because it will give this forum a long life and provide excellent insight for users who have just come and created an account on this forum.

Yes, you are right, everyone likes this forum because it is friendly and they don’t like upstarts, like for example on the Bitcoin Expert forum when some people can simply write an angry message simply because you wrote something that someone else already wrote before,
By the way, I noticed that you do not publish the answers correctly, your messages turn out to be merged, practice and see how others do it, otherwise at first it is not clear whether this is your publication or mine.
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Offline dekafee79

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Re: Are you stacking solana?
« Reply #63 on: April 26, 2024, 09:51:38 PM »
I started staking Solana although not up to 1SOL but for me this is not bad at least there is a little income, later if Solana experiences another decline I have plans to increase it again
In my opinion, staking Solana when the price is high is not a good thing, but when you are trapped at a high price and the Solana price has fallen very deeply then the staking method is better and safer because it will still give you interest on the capital you use.
If you are afraid of getting caught in a high price, buy Solana when the price is really low. When is the best time to buy solana? I think last year was the best time to buy Solana. currently we can buy it, but for the short term, because the price will fluctuate for the next two months

Offline TopT3ns

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Re: Are you stacking solana?
« Reply #64 on: April 27, 2024, 07:35:48 AM »
If you are afraid of getting caught in a high price, buy Solana when the price is really low. When is the best time to buy solana? I think last year was the best time to buy Solana. currently we can buy it, but for the short term, because the price will fluctuate for the next two months
Unfortunately, no one knows when the price of Solana will fall again, because so far the price of Solana has been too high. Maybe we have to wait for the bearish season and make the price of Solana drop to a cheap price. That way we can buy as much Soala as possible.

Offline dekafee79

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Re: Are you stacking solana?
« Reply #65 on: April 27, 2024, 02:57:32 PM »
If you are afraid of getting caught in a high price, buy Solana when the price is really low. When is the best time to buy solana? I think last year was the best time to buy Solana. currently we can buy it, but for the short term, because the price will fluctuate for the next two months
Unfortunately, no one knows when the price of Solana will fall again, because so far the price of Solana has been too high. Maybe we have to wait for the bearish season and make the price of Solana drop to a cheap price. That way we can buy as much Soala as possible.
The best time to buy coins is the bearish season. If you are waiting for the Solana price to fall and it is safe to buy, just wait for the bearish season. Who knows, there will be a bearish season this year before the bullish season at the end of this year.

Offline Metha Wulandarin

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Re: Are you stacking solana?
« Reply #66 on: April 27, 2024, 07:15:36 PM »
I started staking Solana although not up to 1SOL but for me this is not bad at least there is a little income, later if Solana experiences another decline I have plans to increase it again
In my opinion, staking Solana when the price is high is not a good thing, but when you are trapped at a high price and the Solana price has fallen very deeply then the staking method is better and safer because it will still give you interest on the capital you use.
Maybe later I will release bets if the Altcoin season comes and will come back again after the Altcoin season ends, now crypto is unstable and now I am thinking of ways to avoid losing a lot of money.

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Re: Are you stacking solana?
« Reply #66 on: April 27, 2024, 07:15:36 PM »


Offline IvugeoEvolutionCoin

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Re: Are you stacking solana?
« Reply #67 on: April 28, 2024, 07:54:27 PM »
I started staking Solana although not up to 1SOL but for me this is not bad at least there is a little income, later if Solana experiences another decline I have plans to increase it again
In my opinion, staking Solana when the price is high is not a good thing, but when you are trapped at a high price and the Solana price has fallen very deeply then the staking method is better and safer because it will still give you interest on the capital you use.
Maybe later I will release bets if the Altcoin season comes and will come back again after the Altcoin season ends, now crypto is unstable and now I am thinking of ways to avoid losing a lot of money.
That seems like a pretty good idea since not many people are betting on altcoin season so far. Usually the altcoin season will occur when the price of bitcoin falls quickly and makes Altcoins rise.

Offline JISAN

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Re: Are you stacking solana?
« Reply #68 on: April 28, 2024, 08:54:23 PM »
I started staking Solana although not up to 1SOL but for me this is not bad at least there is a little income, later if Solana experiences another decline I have plans to increase it again
SOL staking rewards are not very high. so nothing good can be gained from sol through staking. But if you invest in sol for long term then you can staking them. Because you won't sell them, you can raise some sol by staking. But staking is also very risky.  Staking means putting your sol under someone else's control, so since you don't have control over that sol, they are at a higher risk. so I'm not too keen on staking

Offline Metha Wulandarin

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Re: Are you stacking solana?
« Reply #69 on: April 28, 2024, 11:35:18 PM »
I started staking Solana although not up to 1SOL but for me this is not bad at least there is a little income, later if Solana experiences another decline I have plans to increase it again
SOL staking rewards are not very high. so nothing good can be gained from sol through staking. But if you invest in sol for long term then you can staking them. Because you won't sell them, you can raise some sol by staking. But staking is also very risky.  Staking means putting your sol under someone else's control, so since you don't have control over that sol, they are at a higher risk. so I'm not too keen on staking
Everything has its own risks if you are not ready to accept the risks, it is better not to try it.
Staking at any time and on any network all have their own terms and conditions, holding soles in the wallet without doing anything also has risks such as lost private keys or wallet theft etc.

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Re: Are you stacking solana?
« Reply #70 on: Today at 08:31:53 AM »
I started staking Solana although not up to 1SOL but for me this is not bad at least there is a little income, later if Solana experiences another decline I have plans to increase it again
SOL staking rewards are not very high. so nothing good can be gained from sol through staking. But if you invest in sol for long term then you can staking them. Because you won't sell them, you can raise some sol by staking. But staking is also very risky.  Staking means putting your sol under someone else's control, so since you don't have control over that sol, they are at a higher risk. so I'm not too keen on staking
Everything has its own risks if you are not ready to accept the risks, it is better not to try it.
Staking at any time and on any network all have their own terms and conditions, holding soles in the wallet without doing anything also has risks such as lost private keys or wallet theft etc.
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.

Online gunhell16

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Re: Are you stacking solana?
« Reply #71 on: Today at 03:07:20 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.

I'm just curious dude, what is this hotspot miner you are referring to? is this the Helium miner you are talking about? I'm just asking, doesn't it cost electricity? How much is it costing if I try to do the same?

It's just as good to do it, and it seems that the strategy you're doing is also okay that you're selling the Solana that you earn there from mining. Thank you for answering my question. Have a good day ;)
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