Why I’m Betting (Reasonably) on Solana Despite the Recent Market Crash!

By BreakdownFab | DecryptLab | 20 Dec 2024


Wow... That was a huge crash... Thank you Jerome and happy Christmas! Now, let’s talk about my very reasonable exposure to Solana following the Fed's announcements and the recent market downturn. While the market’s volatility is undeniable—Bitcoin down 10%, altcoins like Solana taking 20-30% hits—I believe in Solana’s ecosystem, especially its use cases in DeFi and meme coins.

In my latest YouTube video below, I dive into:
✅ My balanced portfolio approach: 50% SOL, 15% ORCA, and some sSOL liquid staking for yield.
✅ How I earn interest on Solana through Raydium and Solayer.
✅ Why I hedge risks and reinvest yields instead of risking my core funds.
✅ My views on DeFi protocols, token valuations, and strategies to mitigate volatility.

This isn’t financial advice—just sharing my personal approach! Watch the video for full transparency and tips.

Let me know your thoughts, and happy holidays! 🎄✨

How do you rate this article?

16


BreakdownFab
BreakdownFab

Demystifier


DecryptLab
DecryptLab

Demystifying blockchain, AI, and quantum technologies...

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.