Are you stacking solana?

[philipma1957]

well I may cash out the Solana I moved 13 coins into coinbase and may sell them soon.

[Mr. Magkaisa]

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.

       -    There is no doubt that the SOL has a high potential for this bull run that we are facing now. We are just thankful that it is still in correction at the moment where we still have a chance to accumulate it. And if you have a SOL now, like you say, it's good that you're doing what you put into staking, and what you're planning is also good, from what I see. 

In my current situation, the SOL that I have so far is only around 0.6 SOL, but I am trying to save it because I have a lot of savings that I think are also potential in the market to hold and give. Also, once the Bitcoin rally starts, the altcoins that I hold will also follow.

[Metha Wulandarin]

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.

You still have to be careful when staking in new projects, you know that new projects can disappear at any time.
I did staking when everyone was only using Solana wallets from solet.io when there were no solflare and phantom wallets.

[MUGNIA]

Indeed, if we have confidence in Solona, ​​you will definitely optimally fill the contents of your bag with Solona,
but I think currently Solona can still be a good investment, by looking at the current price of Sol in 1 month I got a profit of 10% so I think the same as you set aside my money for SOL

[armanda90]

Indeed, if we have confidence in Solona, ​​you will definitely optimally fill the contents of your bag with Solona,
but I think currently Solona can still be a good investment, by looking at the current price of Sol in 1 month I got a profit of 10% so I think the same as you set aside my money for SOL

Interested trading short term with Solana coins because faster movement of their price, recently I bought Solana at $165 and sell later after raising above $173 without one day. Right now price have been dropped but I am waiting more drop to buy back with potential profitable earn above 5% every movement.
I don't have any information update about how much solana APYS reward for staking, if the same with stable coins of USDT seems not worth yet for staking coin but if over 20% I want make staking in Solana coins.
Its the same with holding for long term and get benefit with staking rward.