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Topic: HODL vs Staking, What is the best strategy? - page 2. (Read 1034 times)

member
Activity: 280
Merit: 12
September 18, 2021, 02:36:41 PM
I wouldn’t stake Bitcoin. Better to stake ETH or other altcoins
legendary
Activity: 2982
Merit: 1028
September 18, 2021, 11:49:02 AM
is there really bitcoin staking, as far as I know No betting for Bitcoin, because bitcoin is a POW network not a POS and the protocol doesn't support staking, If there are ,this  means you use a central service that stores Bitcoins or investments in return for giving you monthly or yearly returns.
I personally prefer holding bitcoin instead of staking, because if there is a decline in the market it can minimize losses and if staked it will be tied
For sure with Bitcoin staking then it is most likely be done with those centralized service which simply means that you don possess key and also returns per year isnt something that is really that appealing
because it is most talking between 4-5% APY which is totally nonsense because if you could just simply hold if off then you could earn more than on what they do offer.The perks here is that you wont
really be losing that in case there would be some drops.So its no brainer that HODL would be the most preferable actions to be made.
The post above you is right Bitcoin is PoW and there's no staking feature but with centralized exchange they might offer you to stake your Bitcoin and allow the company to use your assets for their business, the apy 4-5% which is not alluring, better to keep your coin inside your safe hardware wallet than risk it with CEX.

The choice always depends on how investors deal with their own research. Some might take the risk for passive profits while most will not.

They are more on holding their coin and keep it till it reached their target selling value.
member
Activity: 183
Merit: 14
Chainjoes.com
September 18, 2021, 01:57:53 AM
By doing hold you will not grow in the number of cryptocurrencies. That means you will only win if the cryptocurrency grows in price. Whereas in stake the price could lower the coin, but have more coins resulting in a higher value but both are good in their own way and also both are different in their own.
hero member
Activity: 2940
Merit: 627
Vave.com - Crypto Casino
September 17, 2021, 07:53:24 PM
So just where is the good direction, we just have to determine our own research. If you hold for the long term, it is clear that staking is more promising. once again in the long term both are good and staking is still superior.
That's what I've read from the others too. If I'm just holding it and then better to stake it but I won't do that. I'm good at holding it and won't stake it even if the conditions are favorable to me, I'd be really good just holding it and won't be too worried about the possible profit that staking might give. Holding will give more than that but others are also thinking that you'll get to have two potential ways of profit if we just stake it. But can't force everyone to do that including me and as you've said, they're both good so I'm good at holding.

In the end, it is up to us to be more comfortable making profit through holding or staking. I am the same as you, although staking offers a bigger profit,
I will not do it. Because I am also more comfortable with holding and I am used to making profit that way. So everyone does have the freedom to
choose what strategy is best for themselves. There is no compulsion to do holding or staking, until now I am still more comfortable holding than staking.
Because I prefer holding over staking, it doesn't mean staking is a bad thing to do. It's just me who may not understand how to staking well.
There's the confidence holding it with our wallets and not to deposit it. Although there are also wallets that give private keys to the users and they also have their staking feature. But I don't want to add more of it and just simply holding it. We have our own choice and that's why you and I prefer to hold it. We're too confident not to think where it's being held because it's on our wallets. Maybe in the near future, we'll also have our interest in staking some other coins but not for now.
hero member
Activity: 2730
Merit: 632
September 17, 2021, 07:52:53 PM
is there really bitcoin staking, as far as I know No betting for Bitcoin, because bitcoin is a POW network not a POS and the protocol doesn't support staking, If there are ,this  means you use a central service that stores Bitcoins or investments in return for giving you monthly or yearly returns.
I personally prefer holding bitcoin instead of staking, because if there is a decline in the market it can minimize losses and if staked it will be tied
For sure with Bitcoin staking then it is most likely be done with those centralized service which simply means that you don possess key and also returns per year isnt something that is really that appealing
because it is most talking between 4-5% APY which is totally nonsense because if you could just simply hold if off then you could earn more than on what they do offer.The perks here is that you wont
really be losing that in case there would be some drops.So its no brainer that HODL would be the most preferable actions to be made.
member
Activity: 1358
Merit: 81
September 17, 2021, 07:37:31 PM
I like staking but I don't know of a platform that offers bitcoin staking.
Take a look at Kraken and they offer 0.25% bitcoin staking perhaps for obvious reasons, volatility.
Staking is a method of winning in the DeFi space.
If you want to try your luck with staking, I would recommend that you choose a recognized altcoins where the developers are adding value to the product, the team is also the key.

Of course for bitcoin always Hodl!

https://www.kraken.com/features/staking-coins
legendary
Activity: 2142
Merit: 1018
Next Generation Web3 Casino
September 17, 2021, 07:31:20 PM
is there really bitcoin staking, as far as I know No betting for Bitcoin, because bitcoin is a POW network not a POS and the protocol doesn't support staking, If there are ,this  means you use a central service that stores Bitcoins or investments in return for giving you monthly or yearly returns.
I personally prefer holding bitcoin instead of staking, because if there is a decline in the market it can minimize losses and if staked it will be tied
full member
Activity: 1736
Merit: 116
September 17, 2021, 07:21:55 PM
So just where is the good direction, we just have to determine our own research. If you hold for the long term, it is clear that staking is more promising. once again in the long term both are good and staking is still superior.
That's what I've read from the others too. If I'm just holding it and then better to stake it but I won't do that. I'm good at holding it and won't stake it even if the conditions are favorable to me, I'd be really good just holding it and won't be too worried about the possible profit that staking might give. Holding will give more than that but others are also thinking that you'll get to have two potential ways of profit if we just stake it. But can't force everyone to do that including me and as you've said, they're both good so I'm good at holding.

In the end, it is up to us to be more comfortable making profit through holding or staking. I am the same as you, although staking offers a bigger profit,
I will not do it. Because I am also more comfortable with holding and I am used to making profit that way. So everyone does have the freedom to
choose what strategy is best for themselves. There is no compulsion to do holding or staking, until now I am still more comfortable holding than staking.
Because I prefer holding over staking, it doesn't mean staking is a bad thing to do. It's just me who may not understand how to staking well.
hero member
Activity: 2940
Merit: 627
Vave.com - Crypto Casino
September 17, 2021, 06:27:38 PM
So just where is the good direction, we just have to determine our own research. If you hold for the long term, it is clear that staking is more promising. once again in the long term both are good and staking is still superior.
That's what I've read from the others too. If I'm just holding it and then better to stake it but I won't do that. I'm good at holding it and won't stake it even if the conditions are favorable to me, I'd be really good just holding it and won't be too worried about the possible profit that staking might give. Holding will give more than that but others are also thinking that you'll get to have two potential ways of profit if we just stake it. But can't force everyone to do that including me and as you've said, they're both good so I'm good at holding.
hero member
Activity: 2884
Merit: 659
September 17, 2021, 03:59:35 PM
I'm sure everyone has different goals in buying assets for investment. although everything is of course to gain profit, they have a different plan.
Hold and staking are both good for the long run. more people may now start to like staking because in addition to holding for the long term the holder will also benefit from staking.
I stake for some assets. but also holding for some assets which I think are too risky for us to stake.
I think if you look at the two characters, they have the same thing, in the long run, which is profitable. but if hold maybe other innovations can be done and you can be tempted to do something different. but if the staking time has been determined and can't do anything during the allotted time period is over, but the certainty that is received is certain.

So just where is the good direction, we just have to determine our own research. If you hold for the long term, it is clear that staking is more promising. once again in the long term both are good and staking is still superior.
The bad thing about staking that you are ending up on using up some service or platform which simply means that you aren't the ones who had been totally holding off your coins since you don't possess the private key of those wallets which I could say that it is risky.

Unless if staking is basically been done on your own wallet just like with other coins then that would be considerable but if it talks about on other services then its risky and something I don't recommend.

Profit wise then I do simply like hodling even though you do have tendency to lost money but the rate of potential earning on one year time is way more higher than you have on staking.
sr. member
Activity: 657
Merit: 270
September 17, 2021, 02:59:22 PM
To be honest, it is too hard to make a lot of money in staking. You need to stake too much money to be able to get something really serious. There is a thing like DeFi staking also and it is more probable to make more profit in it. However, it is very risky. So, I think the best choice is HODLing. I choose to HODL Bitcoin the most and just enjoy it in the long term.  Grin  I would really recommend it to everyone as we all witnessed what Bitcoin are capable of in a long run.
Hodl and staking both are completely different things and in bitcoin there is no staking so if you want to go with this in altcoins then surely you need to know about project because if you have enough updates then this can give you good profit as you are holding their coins and taking some good profit from staking but as I mention please read about project before doing any invest is real important for you and your funds.

In bitcoin as mentioned no staking just holding is very good because it's giving very good profit in long run, but one thing keep in mind never deposit your funds in any third parties accounts because not your keys not your coins.
full member
Activity: 2268
Merit: 121
#SWGT PRE-SALE IS LIVE
September 16, 2021, 07:44:53 AM
I'm sure everyone has different goals in buying assets for investment. although everything is of course to gain profit, they have a different plan.
Hold and staking are both good for the long run. more people may now start to like staking because in addition to holding for the long term the holder will also benefit from staking.
I stake for some assets. but also holding for some assets which I think are too risky for us to stake.
I think if you look at the two characters, they have the same thing, in the long run, which is profitable. but if hold maybe other innovations can be done and you can be tempted to do something different. but if the staking time has been determined and can't do anything during the allotted time period is over, but the certainty that is received is certain.

So just where is the good direction, we just have to determine our own research. If you hold for the long term, it is clear that staking is more promising. once again in the long term both are good and staking is still superior.
full member
Activity: 1022
Merit: 100
Meta4uStake.io
September 06, 2021, 08:31:30 AM
I'm sure everyone has different goals in buying assets for investment. although everything is of course to gain profit, they have a different plan.
Hold and staking are both good for the long run. more people may now start to like staking because in addition to holding for the long term the holder will also benefit from staking.
I stake for some assets. but also holding for some assets which I think are too risky for us to stake.
sr. member
Activity: 1479
Merit: 273
Seabet.io | Crypto-Casino
September 06, 2021, 06:00:47 AM
Do you guys ever hear about holding bitcoin in staking platform?

If yes, can you give any advice to stake bitcoin on staking platform?

I've been asking for many times about it, but I need proof experience of you. Please share below!


If want fix earning stake can be choice, as long you staking it in right place and right coin. And if me not wrong i not heard yet about we can stake bitcoin in staking platform. Don't trapped a suspicious site that talk about staking or mining bitcoin online usually it is only ponzi scheme, staking altcoin can be done like in Binance or other trusted sites.
full member
Activity: 592
Merit: 116
Enterapp Pre-Sale Live
September 06, 2021, 02:11:31 AM
Staking means that the user locks up his crypto holdings for a period of time defined by the staking platform, so in the event of a sudden market crash it means that we cannot withdraw our crypto from the betting program for sale to reduce losses, even if the market drops lower. And I think the value of the gifts given to us is not enough to cover the reduction in the value of our assets.
full member
Activity: 440
Merit: 101
$CYBERCASH METAVERSE
September 06, 2021, 01:33:22 AM
Staking can pose risks and one of the risks that users face when staking is the potential for price movements that can harm crypto assets, when staking for example there is a profit offered of 15% APY when staking but suddenly the value drops to 50% for half years, then this will bring us losses.
member
Activity: 560
Merit: 57
September 05, 2021, 02:06:42 PM
To be honest, it is too hard to make a lot of money in staking. You need to stake too much money to be able to get something really serious. There is a thing like DeFi staking also and it is more probable to make more profit in it. However, it is very risky. So, I think the best choice is HODLing. I choose to HODL Bitcoin the most and just enjoy it in the long term.  Grin  I would really recommend it to everyone as we all witnessed what Bitcoin are capable of in a long run.
jr. member
Activity: 1380
Merit: 1
September 05, 2021, 01:31:27 PM
Personally, I prefer holding. However, good money can be earned by stacking. But it must be a trusted site, otherwise everything can be loss. In this case I can suggest stacking in Binance Exchange . By stacking there you can earn extra money without fear.
full member
Activity: 728
Merit: 100
https://i.imgur.com/hgxNNiA.png
September 05, 2021, 01:08:28 PM
make sure you hold your assets before you give permission to a third party to manage your bitcoins. If you want to profit from staking, of course you cannot profit from your trades, because your assets will be locked for as long as you are staking.
Please note, staking is also a form of hold, but with the added advantage it provides.
hero member
Activity: 1344
Merit: 565
September 05, 2021, 01:06:03 PM
Do you guys ever hear about holding bitcoin in staking platform?

If yes, can you give any advice to stake bitcoin on staking platform?

I've been asking for many times about it, but I need proof experience of you. Please share below!



Well, HODLing has quite been the option for me with regards to my crypto investments but I am not that much a fan of staking especially when it comes to other third-party staking sites. I did stake some coins I bought some times ago on the same projects site and those were locked for a period of time and I happen to miss the profits when the price got really high but overall, I really don't like staking but will rather just HODL my crypto assets till I am comfortable with my market position.   
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