Post
Topic
Board Altcoin Discussion
Re: Should I save or trade my SOL?
by
Dzwaafu11
on 12/11/2024, 19:38:46 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

I think this is kind of a hard question for us here to answer. When you invest the money, you are the one that makes the decision for yourself, so it will be hard for anybody here to tell you to trade or do anything here. I think this is a matter of choice; this is something you should decide for yourself; furthermore. It will depend on how knowledgeable you are about it, but I feel like holding will be better than trading. It is good to hold Solana. Since we have seen it grow to some extent now and is still moving gradually.