Post
Topic
Board Altcoin Discussion
Merits 13 from 2 users
Re: Should I save or trade my SOL?
by
Zanab247
on 26/10/2024, 13:07:20 UTC
⭐ Merited by NotATether (10) ,Sticky Bomb (3)
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
Saving the SOL will make you to earn plenty profits before the end of the 3 years, and the coin is good for hodling for long years and it can boost your confidence of making the coin your favorite coin for long term. Not that you will not make profit from you trading if you make it your choice but the profit will not big like the profit you will make from hodling when you hodl the SOL for 3 years before you sell.

Don't forget that they all have risk, which you must accept before you can get what you want from trading or hodling, but the one that easy to earn profits from Sol when you have enough capital is hodling for long years.