Quote from: Yaunfitda on October 24, 2024, 11:02:44 AM

Quote from: notMeNahh on October 24, 2024, 09:44:10 AM

What do you guys think, if I have perhaps 100 $SOL which do you think is better Staking it for 2 to 3 days with a 10% APR or actually trading the SOL myself for that same time period. Personally, I think the savings might be safer and more predictable than the trading option. If I was to trade on Spot, it would probably be safer too, but I wouldn't make as much profit as the savings, but I wouldn't make significant losses either. If i trade on futures I probably might make more profit, but I come with greater risks

I think some exchanges offer around 10% or more in savings deals, what do you guys think

It's really hard to give financial advises here, and one thing is that you shouldn't ask for one as everyone will have their own opinion on it. For Sol though, lately it has been hype if I'm not mistaken, breaking into the top 10 and dislodging other good coins like ADA.

So in any case, everything is going to be your decision, I'm not into staking as well. Why you just hold on it though and continue to buy and see how it goes for you in this bull run? Anyway, good luck to you and hope that you will make the best decision and so you can make good profits in the future.

Solana is no longer hype but the real deal imho. It should be among the top 3-4 blockchains and it's closest competitor in terms of market cap atm should be BNB.

Exchanges have also recognized it potential to have rolled out it's liquid staking token that have seen adoption. BGSOL is the latest and have seen more than 20m solana already staked.