How can I maximise SOL gains?

[akeemqaz]

SOL has been trending lately with rumors that an ETF for SOL might be approved soon. This news has been circulating and seems to be pushing SOL's price upward.

I've noticed that aping into random SOL memecoins might be a waste of money, so instead, I've been trying to DCA with SOL. I'm also staking some SOL. Additionally, I managed to earn some SOL from certain memecoins.

I would appreciate if anyone can suggest more ways to earn SOL, perhaps through liquidity pools with high APR, events, or airdrops.
Also, what's your opinion on SOL by 2025?

[salad daging]

I have a few SOLs that are just for liquidity pools and staking on some platforms of course I am also chasing airdrops in these gains but I am not playing with memecoins even though you get it now I am not interested at all in memecoin SOLs which could end up being a loss for me.

My thoughts on SOL in 2025, we know Bitcoin is predicted to be bullish that year why won't SOL follow suit? It is certain that the market will follow the same direction so don't be surprised if SOL will be more than $200 in 2025 depending on how BTC rises.

Why do I say depending on bitcoin because the direction of bitcoin up then altcoins will follow it.

[JeydderS]

Sol has the most active userbases in all of crypto. They have some of the most dedicated community I've ever seen. They are also king of the memes and NFTs and degens. LOTS of money to be made if you leverage on the right info. You can even get 0.1 Sol just by downloading bitget app. But remember while there’s LOTS of money to be made with Sol there’s also LOTS of money to be lost.

Some argue that SOL will Flip ETH. My view: It may flip ETH the L1, however, ETH the ecosystem (L2, etc) may have more combined marketcap.

It's also very exciting time for ETH with the new low prices making it a 10x better experience on the L2s. With mass adoption the L2s are still at risk of driving fees up before ETH can execute more of its roadmap.

My thesis is still heavy on the high throughput chains with SOL leading the pack.

[bitterguy28]

I would appreciate if anyone can suggest more ways to earn SOL, perhaps through liquidity pools with high APR, events, or airdrops.

aside from the ones you have mentioned, staking could also be beneficial

staking basically just requires you to hold or lock your funds to help with the operations of the blockchain and in return you will be given rewards many people like this as this identifies as a passive income

Also, what's your opinion on SOL by 2025?

i am quite unsure of the chances of solana having etf even if it is possible it might take a few more months if it will be approved it might come next year which i think increases the chances of solana having increase in price

[Crwth]

I think, if you want the maximum you would go with trading meme coins, but it is a double-edged sword. I think that is where you could get the large percentages for the gains, but also you could do diversification where you take as well and possibly get some airdrops to earn more from your SOL.

[vegasus]

Do you want to short term or long term? If for short term and long term, SOL is actually very potential. Or if it is for the preparation of next year's bull run, it also makes sense to enter this coin. SOL is one of the top coins that is very popular this year, so it is not wrong to take this coin as one of the top investment assets. It's just that, I think, you still have to be careful to take and take profits at what number, because don't let it pass the bullish era. It could be that the price will drop first and you won't be able to return your capital

[LogitechMouse]

I think, if you want the maximum you would go with trading meme coins, but it is a double-edged sword. I think that is where you could get the large percentages for the gains, but also you could do diversification where you take as well and possibly get some airdrops to earn more from your SOL.

With the hype surrounding around Solana-based Meme coins, I think this is the best way to maximize your gains around SOL and its coins. Investing in meme coins not only in Solana blockchain, but whatever blockchain it is, is very risky especially those newer ones because they have the highest risk and anytime, developers can just abandon the project and will run away along with the money investors have invested.

Airdrops from SOL? I'm curious what projects are giving airdrops that are under Solana right now.

[Bobcrypto]

Yes investing in meme coins is risky and not only on the Solana network but it is applicable to other blockchains. However, there are risk on every business and not just on the memecoins but others coins even BTC too. I think that risk are generally involved to maximize profit and you must take the risk to earn more.

[pakhitheboss]

Yes investing in meme coins is risky and not only on the Solana network but it is applicable to other blockchains. However, there are risk on every business and not just on the memecoins but others coins even BTC too. I think that risk are generally involved to maximize profit and you must take the risk to earn more.

Meme coin can get you rekt whereas Solana can't. What OP is doing is correct way to earn SOL. I think Phantom wallet provide a good return for staking SOL. It is better to use a self custody wallet than using other platforms where you don't have any control of the staked SOL.

[philipma1957]

i use a helium miner it mines IOT which i swap into Sol.

easy enough to do.

[MrSpasybo]

I think, if you want the maximum you would go with trading meme coins, but it is a double-edged sword. I think that is where you could get the large percentages for the gains, but also you could do diversification where you take as well and possibly get some airdrops to earn more from your SOL.

Well, I never thought I'd sell SOL to buy memecoins for a bigger profit from the Solana ecosystem. I would feel better if I continued to hold & stake SOL, and then I would try to work to get an extra $10 and buy memecoins in Solana.

We don't have many big airdrops in the Solana ecosystem anymore, so I think the best way is to hold & stake SOL until we reach the peak of this cycle. Trading can be an effective way to optimize the amount of SOL in account but it's only for professional traders, I'm not one of them because I don't have enough capacity and time for daily/weekly trading.

[salad daging]

Yes investing in meme coins is risky and not only on the Solana network but it is applicable to other blockchains. However, there are risk on every business and not just on the memecoins but others coins even BTC too. I think that risk are generally involved to maximize profit and you must take the risk to earn more.

Meme coin can get you rekt whereas Solana can't. What OP is doing is correct way to earn SOL. I think Phantom wallet provide a good return for staking SOL. It is better to use a self custody wallet than using other platforms where you don't have any control of the staked SOL.

Meme coins are risky so don't choose it as a way to make money unless you will bear all the risks, but if Solana is clear there will be no doubt just waiting for the courage to stake it where, in Phantom is also a good suggestion, there is also Dex offering some other incentives sometimes people stake by Solana to pursue incentives.

[MUGNIA]

Yes investing in meme coins is risky and not only on the Solana network but it is applicable to other blockchains. However, there are risk on every business and not just on the memecoins but others coins even BTC too. I think that risk are generally involved to maximize profit and you must take the risk to earn more.

Meme coin can get you rekt whereas Solana can't. What OP is doing is correct way to earn SOL. I think Phantom wallet provide a good return for staking SOL. It is better to use a self custody wallet than using other platforms where you don't have any control of the staked SOL.

Meme coins are risky so don't choose it as a way to make money unless you will bear all the risks, but if Solana is clear there will be no doubt just waiting for the courage to stake it where, in Phantom is also a good suggestion, there is also Dex offering some other incentives sometimes people stake by Solana to pursue incentives.

if you expect to have sol from airdrop you are very wrong because in my opinion waiting for free coins requires a process not just directly when you set to work to produce
moreover now the rules make it difficult and even follow it
it is better for you to buy periodically for now because the value of sol is not as high as BTC, ETH and BHb

[salad daging]

Meme coins are risky so don't choose it as a way to make money unless you will bear all the risks, but if Solana is clear there will be no doubt just waiting for the courage to stake it where, in Phantom is also a good suggestion, there is also Dex offering some other incentives sometimes people stake by Solana to pursue incentives.

if you expect to have sol from airdrop you are very wrong because in my opinion waiting for free coins requires a process not just directly when you set to work to produce
moreover now the rules make it difficult and even follow it
it is better for you to buy periodically for now because the value of sol is not as high as BTC, ETH and BHb

Now a lot of people are rotating their money like this, by expecting free coins from airdrops that they do by staking on some platforms even though the time is not clear when they will get it, there are still many people who are interested because now more and more are happening like this.
For those who dare to take big risks.

[Fivestar4everMVP]

SOL has been trending lately with rumors that an ETF for SOL might be approved soon. This news has been circulating and seems to be pushing SOL's price upward.

I've noticed that aping into random SOL memecoins might be a waste of money, so instead, I've been trying to DCA with SOL. I'm also staking some SOL. Additionally, I managed to earn some SOL from certain memecoins.

I would appreciate if anyone can suggest more ways to earn SOL, perhaps through liquidity pools with high APR, events, or airdrops.
Also, what's your opinion on SOL by 2025?

You are already pretty much involved in all the ways to possibly earn SOL, I don't know what other suggestions you want, you already talked about DCA, Which to me simply means that you buy low, possibly sell high to buy back lower, and if it keeps dipping, you keep buying until price starts to rise again, this is one of the great and major ways to earn a good amount of any coin or token.

Staking Sol is also a good way to earn more Sol, though I don't know how effective this is for a short term staker, but for the long term, it's definitely worth always worth it.

And talking about Sol by the year 2025, it's hard to say or predict what would possibly be the price of Sol by 2025, specially if there is no bull run, but trust that price will appreciate a bit if the ETF is approved, and if there is a bull run, things might get really interesting to, all I have to say now is good luck and make sure to diversify your investments though.