Post
Topic
Board Altcoin Discussion
Re: Should I save or trade my SOL?
by
sunsilk
on 25/10/2024, 00:46:38 UTC
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
You know the answers to your questions. If you're a good trader then trade whether it's with spot or futures but if it's me, I'll avoid the futures. And much better to keep that 100 SOL and if you have some stables there, you better trade them instead.

Keeping more SOL is better and every time you profit, get some of it and add to the current that you have.

I won't save them on exchanges even if they have 10% APY when they will not give me my private keys.