I am a 5-year holder of SXP I went from a loss of $20,000 to a profit of $80,000 How did I get through it?
I bought a large amount of SXP at $3, continuously buying during the downturn, and with 30% on-chain liquidity, I have now become a small whale.
I have already withdrawn $40,000. Currently, SXP has more than 106,000 tokens with a market value of about $40,000. The daily Solar on-chain reward distribution is 90 SXP. (You definitely need to understand this!) Binance offers 12% APR. On-chain staking for participating in block reward mining is 30-35%.
Don't get discouraged; keep buying and keep staking, only buy assets that are lower than your cost. In the end, I broke even; I now have no principal left. You can retire from it. Although it's not much, I don't need to work; I can live on about $27-35 a day.
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