$SOL

🔁 Common Trading Strategies for SOL

1. Buy and Hold (HODL)

You buy SOL and hold it for a long time (months or years).

Suitable if you believe in the future of the Solana network.

2. Day Trading

Buying and selling SOL on the same day based on market movements.

Requires continuous monitoring and precise technical analysis.

3. Swing Trading

Buying SOL at a dip and selling it after days or weeks at a peak.

Relies on technical analysis and short to medium-term trends.

4. Staking for Returns

You can stake SOL in a wallet like Phantom and link it to a Staking tool to earn returns (approximately 5–7% per year).

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🧩 Connect the Phantom Wallet to a DEX platform like Raydium

Quick Steps:

1. Download the Phantom Wallet (browser extension).

2. Buy or transfer SOL to the wallet.

3. Visit Raydium.io.

4. Click "Connect Wallet" and select Phantom.

5. After connecting, you can:

Swap SOL for other tokens.

Provide Liquidity.

Participate in Farming for returns.