Everything about Points and token distribution Everything about Ranks and Ranking>> Teleport your account from Bitcointalk Latest news: Community Awards Winners
Total Members Voted: 16
Voting closed: May 28, 2024, 05:14:27 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.
Quote from: Metha Wulandarin on May 19, 2024, 06:21:38 PMIf 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.
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.
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
Quote from: salad daging on May 19, 2024, 09:08:18 PMQuote from: Metha Wulandarin on May 19, 2024, 06:21:38 PMIf 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.
Quote from: Metha Wulandarin on May 26, 2024, 09:10:25 PMQuote from: salad daging on May 19, 2024, 09:08:18 PMQuote from: Metha Wulandarin on May 19, 2024, 06:21:38 PMIf 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.I assure you there is a risk, but it comes down to the individual because everyone has a challenging path to risking their money, so be careful.Solet has been abandoned now moving on to Phantom which is better but honestly haven't staked there except for a few projects but that's not a huge amount of money, but a little bit of money to risk.
I assure you there is a risk, but it comes down to the individual because everyone has a challenging path to risking their money, so be careful.Solet has been abandoned now moving on to Phantom which is better but honestly haven't staked there except for a few projects but that's not a huge amount of money, but a little bit of money to risk.
Quote from: MUGNIA on May 30, 2024, 04:38:35 PMIndeed, 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 SOLInterested 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.
Recently Solana staking moment have been over than firstly launching to the public giving bigger APY reward but right now only small reward receiving for staking Solana coin. Not only in Binance but also staking in Solana DEX seems get small APY and less airdrop event such as other coins staking make many investor not interested yet for staking Solana.
Quote from: bounceback on June 09, 2024, 02:21:58 PMRecently Solana staking moment have been over than firstly launching to the public giving bigger APY reward but right now only small reward receiving for staking Solana coin. Not only in Binance but also staking in Solana DEX seems get small APY and less airdrop event such as other coins staking make many investor not interested yet for staking Solana.This time I just want to share my experience with you, if possible, do not be influenced by platforms that provide high APY especially exceeding 100%, because my friends have experienced losing their money due to staking on platforms that provide high APY, because from the past until now I have never seen a trusted platform that offers high APY a maximum of 100% that is only for VIP members.