Post
Topic
Board Altcoin Discussion
Re: Should I save or trade my SOL?
by
sarmrakib
on 26/10/2024, 14:40:04 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
The percentage is really good. 10% is really enough for saving. However we all know that Sol is the best altcoin of the crypto market. It has much and more potentiality to grow rapidly. We have seen how much it was climbed on the uptrend and i also hope it will go more up after getting a strong crypto uptrend. Its always a good decision to save crypto for your future. So that i think it will be a good decision for you to save some amount for future. Hope you will get a good return soon.