Post
Topic
Board Altcoin Discussion
Re: Should I save or trade my SOL?
by
CTM_Marketing
on 09/11/2024, 07:59:35 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

Well, not to give you financial or investment advice, if I were in your shoes I would probably keep the SOL, especially now with the new big update and further developments in the near future. If anything, it seems to be the most active altcoin right now.

Who knows, you might end up missing something if you sell now.

Now, amid Donald Trump's victory, cryptocurrencies continue to rise as many hope that he will support cryptocurrencies. Which means that the cryptocurrency market will continue to grow. At least many believe and hope so.  Roll Eyes