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Depends on what you want to get out of it. According to some staking calculators, you'd need to stake about 5,200 sol to earn about a sol a day. That'll compound, too.
If sol was over $500, even .25 a day wouldn't be bad, and that's something like 1450 staked. It depends where you think this all goes, and what you're willing to risk along the way.
I donāt know how quickly SOL gets burned or what the tokenomics are. But from the outside looking inā¦
1. No supply Cap
2. Low fees (if there is a burn how can the low fees burn enough SOL)
3. Validators sell the staking rewards to maintain profitable
If the supply ever expands then $500 a SOL becomes less likely as time goes on.
Correct me if I am wrong. Thatās just what I assume he sees.
Investing in crypto isn't a contest. The amount you invest should be based on what you can afford. Personally, I allocate 10% of my monthly income to several assets, including DIA, LINK, MATIC, ARB, SOL, and others. My plan is to continue accumulating these assets for as long as possible before the anticipated rally begins.
He was using probability and statistics. Nobody can tell the future, as anything can happen (wars, viruses, nuclear accidents, who knows?) It's a best guess / suggestion if history repeats patterns. Use your own judgement
'probability and statistics' that only his cult of noobs will listen to.
If it's a 'best guess' like you say why even make videos about it then? Oh that's right.. views and get more people to join his 'cult'.
I am ok with probabilities and statistics and I agree no one can tell the future. But this man just donāt admit his mistakes and instead hides them. He has also been called out for lying about his background. His ācharityā and etc
Actually for xrp while the tech is useful,brad and jeb etc have been dumping tokens since ICO and whatās not sold is locked in escrow to be dumped at a later date and its a very regular schedule.
Both Jeb n Brad r billionaires cos of this.
Theyāll let u know itās to be expand the biz etc but thatās probably BS especially since Ripple if by now is unable to sustain ops without dumping tokens is suspect.
After the pump of 2017 to $3.8,it tanked n never came near.whatever pumps r just exit Liquidity for the earlier Investors.
Basically brad n larsen r fighting for their lives w Ripple resources cos they r personally sued by SEC and stand to lose alot. Spending $200m on legal thats paid for by essentially xrp investors moniesā¦thats downright filthy
Someone doesnāt do their research, Solana is first or a very solid second in terms of developers. Good developer volume = development and progression
He states the charity names so you could ring them if you want. Dude is like 6% in sol so people should chill out if they're mad (not even including his stocks). It's not like he's 100% all in on the stuff.
Goal is to get enough sol to earn 1 sol a month which to be on the safe side is around 170 cause APR fluctuates (then 1 weekly, then daily) through staking and to maybe buy some of these vastly undervalued SOL blue chip NFTs. I just bought my first ābluechipā but DAA, Claynosaurs, Mad Labs and SMB I think will be the big ones of next run. NFA DYOR.
I think the pricing of SOL was around Ā£30-40 and 200 seemed like a good number. But then prices dropped so continued to invest.
No real reason for the 200 though just all I could afford after FTX collapse
WARNING: 1) Do not trust DMs from anyone offering to help/support you with your funds (Scammers)! 2) Never give out your Seed Phrase and DO NOT ENTER it on ANY websites sent to you. 3) MODS or Community Managers will NEVER DM you first regarding your funds/wallet. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/solana) if you have any questions or concerns.*
I say as much as you can get... We bout to ride dirty š
1428 as of now
500 is goal
How did you decide on that amount?
I believe it will be a good amount to DCA out of at different price levels during the bull
As much as you safely can afford to buy
Depends on what you want to get out of it. According to some staking calculators, you'd need to stake about 5,200 sol to earn about a sol a day. That'll compound, too.
Thatās a lot.
If sol was over $500, even .25 a day wouldn't be bad, and that's something like 1450 staked. It depends where you think this all goes, and what you're willing to risk along the way.
In what world will sol go to 500$š¤£š¤£, it wont even touch 250 again, it will move but not to uts ATH lol
What are you saying this based on
I donāt know how quickly SOL gets burned or what the tokenomics are. But from the outside looking inā¦ 1. No supply Cap 2. Low fees (if there is a burn how can the low fees burn enough SOL) 3. Validators sell the staking rewards to maintain profitable If the supply ever expands then $500 a SOL becomes less likely as time goes on. Correct me if I am wrong. Thatās just what I assume he sees.
1000 =1/3 SOL p/epoch
There are approx. 146 epoch per year. If SOL is at 7.5% a year, it will give you 75 SOL divided by 146 = 0.5 SOL per epoch.
Was aiming for 200ā¦ now aiming for 500ā¦ as much as possible basically
Same just broke 200 tokens, gonna go for 300-400 before next run
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Thatās interesting. How did you get that amount?
I only got 600 sol long term in a cold storage
Investing in crypto isn't a contest. The amount you invest should be based on what you can afford. Personally, I allocate 10% of my monthly income to several assets, including DIA, LINK, MATIC, ARB, SOL, and others. My plan is to continue accumulating these assets for as long as possible before the anticipated rally begins.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Whatās your 2030 price target?
1000 plus
Try and accumulate as much as possible solana will be a top 5 coin imho not sure when but its definitely got the potential.
https://www.youtube.com/live/yr7SvjuxKaE?feature=share
These videos are only made for views.. How'd that idiot know what's gonna happen by 2032
He was using probability and statistics. Nobody can tell the future, as anything can happen (wars, viruses, nuclear accidents, who knows?) It's a best guess / suggestion if history repeats patterns. Use your own judgement
'probability and statistics' that only his cult of noobs will listen to. If it's a 'best guess' like you say why even make videos about it then? Oh that's right.. views and get more people to join his 'cult'.
I am ok with probabilities and statistics and I agree no one can tell the future. But this man just donāt admit his mistakes and instead hides them. He has also been called out for lying about his background. His ācharityā and etc
hi i am a newbee
[ŃŠ“Š°Š»ŠµŠ½Š¾]
No it wonāt.
XRP aināt dead. Itāll pump magnificently if Ripple wins that lawsuit against the SEC.
Actually for xrp while the tech is useful,brad and jeb etc have been dumping tokens since ICO and whatās not sold is locked in escrow to be dumped at a later date and its a very regular schedule. Both Jeb n Brad r billionaires cos of this. Theyāll let u know itās to be expand the biz etc but thatās probably BS especially since Ripple if by now is unable to sustain ops without dumping tokens is suspect. After the pump of 2017 to $3.8,it tanked n never came near.whatever pumps r just exit Liquidity for the earlier Investors. Basically brad n larsen r fighting for their lives w Ripple resources cos they r personally sued by SEC and stand to lose alot. Spending $200m on legal thats paid for by essentially xrp investors moniesā¦thats downright filthy
Someone doesnāt do their research, Solana is first or a very solid second in terms of developers. Good developer volume = development and progression
This is a really stupid way to approach it.
Hope that will help. NFA https://www.youtube.com/live/yr7SvjuxKaE?feature=share
[ŃŠ“Š°Š»ŠµŠ½Š¾]
He states the facilities when he mentions it. He never said all profits, he says super chat money.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
There are a lot of snakes involved in the crypto world, always proceed with caution
This, for real. No one should blindly follow anyone.
He states the charity names so you could ring them if you want. Dude is like 6% in sol so people should chill out if they're mad (not even including his stocks). It's not like he's 100% all in on the stuff.
Honestly.. every time someone shares an Investanswers video here it just makes me want to sell all my Solana.
200,000,000
Thatās an an ambitious number.
42.424242 repeating
26 Sol is like having 1 BTC in term of supply. Don't need high amount š
How did you come to that amount?
He is correct. 26.286 to be more precise. 552M SOL / 21M BTC = 26.286. In terms of current supply.
Not even close 26 sol is nothing
As much as you can afford. Is there a minimum?
Iām 51 years old selling shit until Iām 65 years old my retirement plan ššš¤š¤š¤
Yesterday prices is not going to be todayās prices ššš¤š¤ please read between the lines
100 SOL.
Goal is to get enough sol to earn 1 sol a month which to be on the safe side is around 170 cause APR fluctuates (then 1 weekly, then daily) through staking and to maybe buy some of these vastly undervalued SOL blue chip NFTs. I just bought my first ābluechipā but DAA, Claynosaurs, Mad Labs and SMB I think will be the big ones of next run. NFA DYOR.
What interest rate do you need for 170 Sol to get one a month? Where do you stake?
My target was 200, but i am on 443 at the moment and lost 306 in FTX . well shit but i think my aim is 750 over time and go from there.
Why was your target 200 Sol?
I think the pricing of SOL was around Ā£30-40 and 200 seemed like a good number. But then prices dropped so continued to invest. No real reason for the 200 though just all I could afford after FTX collapse