I bought 10k usdt worth of solana at 67.5 and 27k usdt at 57.7 on binance spot. Now the price is under 55, i would lose more than 3000 usdt if i sell it now. Should i keep it for a while until it gets high again or will it drop even lower than it us now? Will it go higher or go down to 8 like last time?

  • Fair-Replacement2967@alien.topB
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    1 year ago

    Unfortunate that you didnt DCA and bought the top. Not financial advice. I personally would hold for now. At least till this time next year, maybe even to May 2025. Take the opportunity to stake portions with at least 3 different validators (not all eggs in one basket) who have low fees and higher returns like 7%. In one year you will have earned 10 Sol and lowered your coat basis.

    Move your Sol to a wallet like Phantom, Backpack, Solflare where you can stake it. See https://solanabeach.io/ to help decide which validators you want to use

    Good luck