Solana Staking and Its Kind, BGSOL, I Learnt My Lesson

[Fillapia]

Greetings here I have not really been taking this thing called staking seriously tbh, because of my high expectations, but from recent comments I saw on the forum about it and when checked https //app solayer org/dashboard for Solana staking, I saw the points y'all were trying to make about staking and the safety it has in a volatile market.

If Solana keeps growing, then it will be expected to see it in the $200M valuation it has, I know the second ranking to it, the BGSOL is newer, which caught my attention because if I had been with Solana from onset, I'd gotten better, anyways, thanks for the enlightenment, I have learnt my lesson to fly with early birds and I am taking the BGSOL seriously, what do you think about the future of this high staking ?

[joniboini]

I have learnt my lesson to fly with early birds and I am taking the BGSOL seriously, what do you think about the future of this high staking ?

Based on some reviews that I read it seems like BGSOL offers the highest APR, but it's too early to tell if that number is sustainable for the long-term and how it will impact the price of the token.

What's your target anyway? I don't think it's wise to set a high target with a new product that has not yet been tested by the market. Not to mention if APR is high then there's a high chance the price won't move as quickly as you hoped for if the circulating supply increases too quickly. CMIIW.

[LogitechMouse]

I have learnt my lesson to fly with early birds and I am taking the BGSOL seriously, what do you think about the future of this high staking ?

Based on some reviews that I read it seems like BGSOL offers the highest APR, but it's too early to tell if that number is sustainable for the long-term and how it will impact the price of the token.

What's your target anyway? I don't think it's wise to set a high target with a new product that has not yet been tested by the market. Not to mention if APR is high then there's a high chance the price won't move as quickly as you hoped for if the circulating supply increases too quickly. CMIIW.

Based on the article from Bitget itself, the APR is at 8%, but what's good is that the APR isn't static meaning it will change anytime based on different factors that's been shared on the article itself. Bitget warning  )/academy/introducing-bgsol]LINK[/url]

Personally, I don't use Bitget at all hence, I don't see anything interesting on this one. It's like the "Earn" feature from Binance but with this one, they created a liquid staking token for Solana. Nothing wrong with it though, and there might be some who might do it in the future. Nevertheless, it's too early to thing optimistic on this one because it's a new token. Let's just hope for the best I guess and hoping it will maintain that 8% APR or better if it's even more.

[AntonietteK]

Great insights! Staking can offer valuable stability, especially in unpredictable markets. Solana's growth is definitely something to watch. It’s true that getting in early could impact returns, so your focus on BGSOL makes sense. What factors do you all think could drive BGSOL’s growth compared to Solana? I'm excited to hear more thoughts on where high-staking projects might be headed

[hugeblack]

Bitget may give you the highest APY but I personally advise you to stay away from leaving large investments in Bitget especially in the crypto winter where many tokens will drop which may lead to the platform going bankrupt. Also betting on Solana is not a good bet.

[enoch_from_off]

Bitget may give you the highest APY but I personally advise you to stay away from leaving large investments in Bitget especially in the crypto winter where many tokens will drop which may lead to the platform going bankrupt. Also betting on Solana is not a good bet.

Why, is SOL not that good? 

[Cryptosmart]

I have learnt my lesson to fly with early birds and I am taking the BGSOL seriously, what do you think about the future of this high staking ?

Based on some reviews that I read it seems like BGSOL offers the highest APR, but it's too early to tell if that number is sustainable for the long-term and how it will impact the price of the token.

What's your target anyway? I don't think it's wise to set a high target with a new product that has not yet been tested by the market. Not to mention if APR is high then there's a high chance the price won't move as quickly as you hoped for if the circulating supply increases too quickly. CMIIW.

Just hearing this LST thing now. Didn't know it has become a reality ahah. I think OP should DYOR before venturing

[Cryptosmart]

Bitget may give you the highest APY but I personally advise you to stay away from leaving large investments in Bitget especially in the crypto winter where many tokens will drop which may lead to the platform going bankrupt. Also betting on Solana is not a good bet.

Solana isn't a good bet? I'll tag this post next year this time when solana would be way more than this. Probably $1k NFA though ahaha. And the other advise, I think they survived the core winter and we're almost in the bullish run..I think they'll dominate and do more..that's my opinion. For the APY, OP should do what suits him. After all we're in crypto to make money right??.

[hugeblack]

Bitget may give you the highest APY but I personally advise you to stay away from leaving large investments in Bitget especially in the crypto winter where many tokens will drop which may lead to the platform going bankrupt. Also betting on Solana is not a good bet.

Solana isn't a good bet? I'll tag this post next year this time when solana would be way more than this. Probably $1k NFA though ahaha. And the other advise, I think they survived the core winter and we're almost in the bullish run..I think they'll dominate and do more..that's my opinion. For the APY, OP should do what suits him. After all we're in crypto to make money right??.

The coin has already gone up and we rarely see months of rises without a correction and since everyone expects more rises,100% betting on it  is not a good move, anyway let's see what happens next year.

[Cryptosmart]

Bitget may give you the highest APY but I personally advise you to stay away from leaving large investments in Bitget especially in the crypto winter where many tokens will drop which may lead to the platform going bankrupt. Also betting on Solana is not a good bet.

Solana isn't a good bet? I'll tag this post next year this time when solana would be way more than this. Probably $1k NFA though ahaha. And the other advise, I think they survived the core winter and we're almost in the bullish run..I think they'll dominate and do more..that's my opinion. For the APY, OP should do what suits him. After all we're in crypto to make money right??.

The coin has already gone up and we rarely see months of rises without a correction and since everyone expects more rises,100% betting on it  is not a good move, anyway let's see what happens next year.

Sure. Let's see.

[TomPluz]

Bitget may give you the highest APY but I personally advise you to stay away from leaving large investments in Bitget especially in the crypto winter where many tokens will drop which may lead to the platform going bankrupt. Also betting on Solana is not a good bet.

Solana isn't a good bet? I'll tag this post next year this time when Solana would be way more than this. Probably $1k NFA though ahaha. And the other advise, I think they survived the core winter and we're almost in the bullish run. I think they'll dominate and do more. That's my opinion. For the APY, OP should do what suits him. After all we're in crypto to make money right??.

Actually the message is just to be careful and not to be overexposed to something...like following the golden rule of putting your eggs not just on one basket...but am sure you already know that exposed in the world of crypto investing for years. As to betting on Solana...only time can actually tell if that would be a good or bad decision but yes it can really be enticing seeing the growth that it so far brought to the market. In case I would have more funds, I would also buy some more SOL and yes even participate in its staking opportunities not just in Bitget.

[bitterguy28]

The coin has already gone up and we rarely see months of rises without a correction and since everyone expects more rises,

to be fair every coin experience corrections

people expect for it to rise because it has shown resilience and its team seem to be working at their best to continue improve the network and with memecoins continuing to use solana it is not such a reach to expect more good things with solana

100% betting on it  is not a good move, anyway let's see what happens next year.

i don’t think we need to wait until next year to see some good progress i think that the end of december can be a good time overall for the crypto market and of course 100% trusting a coin is not always recommended there are still risks involved that you need to factor in

[hugeblack]

to be fair every coin experience corrections

people expect for it to rise because it has shown resilience and its team seem to be working at their best to continue improve the network and with memecoins continuing to use solana it is not such a reach to expect more good things with solana

Yes but the market trends are towards TON and Telegram projects, Solana will not benefit from that momentum and FTX compensation will always be a negative factor.

[Azharul]

Great insights! Staking can offer valuable stability, especially in unpredictable markets. Solana's growth is definitely something to watch. It’s true that getting in early could impact returns, so your focus on BGSOL makes sense. What factors do you all think could drive BGSOL’s growth compared to Solana? I'm excited to hear more thoughts on where high-staking projects might be headed

I think that you could express your best opinion in your post. So i am also agree with your comment. We also know that staking is one of the best way to make money from crypto currency market. We know that solana is the best valuable currency in this moment. But sometimes we saw that it’s price will down. But next time we saw gradually it’s price is increase day by day. But we also see that BGSOL also the best profitable in cryptocurrency market. So we must be depending on this crypto.

[gunhell16]

It is clear that when bitcoin has a massive rally, Solana is really one of the ones that can pull its price up in the market, as long as those who are top-listed in the market are sure to have a rally at the same time in their price value. There are many I have been tracked like that.

In fact, Solana is also one of the things I am doing with DAC little by little because I know if his potential is high in the market or in the future, and many have witnessed him here in the crypto industry.