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An update on my crypto journey

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by COINS NEWS 4 Views

Hey everyone, wanted to give you all an update on my $2100 Solana adventure from a few weeks back. First off, thanks to everyone who gave advice on the original post.

I ended up splitting my strategy into a few different approaches after researching your suggestions. I put about 40% into liquid staking through marinade (mSOL) which has been giving steady returns. Another 30% I delegated directly to validators (went with Jito after looking into their track record).

The remaining 30% I experimented with - threw some into Kamino's lending protocols and tried my hand at providing liquidity on Raydium. The APYs have been pretty solid, though obviously the risks are higher than straight staking.

For anyone in a similar position (coming from gambling into crypto), here's what I learned:

The ecosystem is way deeper than I initially thought. There's legitimate ways to grow your stack that don't involve the casino. The learning curve was steep (especially coming from just using crypto for casino deposits), but the community here has been incredibly helpful.

Also dodged some bullets by sticking to the established protocols you all recommended. Saw plenty of sketchy high-APY offers that I might have fallen for without your guidance.

What's next? Planning to stick with this strategy for now while I learn more about the ecosystem. Really interested in the AI developments some of you mentioned, though I'm taking it slow and staying cautious with newer projects.

submitted by /u/Loca1_Man
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