HOLDING TOKEN TO EARN DIVIDENDS - page 2.

barabeku

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Quote from: BayAngelo on July 20, 2021, 02:59:29 PM

We were told to hold token in wallet for the long term. in the earlier stage. most projects promises holders and long term investors that holding will generate more benefits and interest if they can hold the token for long term. today, None of these tokens offered dividends for holding, rather they creat campaigns for staking and ask investors to deposit.
My questions, are the long term benefits of crypto changing or it is just useless to hold since you can partake in farming and staking programs.

What do you really mean by dividencs? If you are talking about profit from working with crypto for the long term, there are two things that give you income. First of all, all promising tokens with innovative ideas, that will survive long-term, will cost more than now.

Secondly, I find staking campaigns pretty attractive, as this way you get both interests and some native token of project.

indrakusumaindra

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Quote from: BayAngelo on July 20, 2021, 02:59:29 PM

We were told to hold token in wallet for the long term. in the earlier stage. most projects promises holders and long term investors that holding will generate more benefits and interest if they can hold the token for long term. today, None of these tokens offered dividends for holding, rather they creat campaigns for staking and ask investors to deposit.
My questions, are the long term benefits of crypto changing or it is just useless to hold since you can partake in farming and staking programs.

Well i consider staking and farming is just like getting interest like holding and nothing wrong at all to doing it. But before you trying to get interest from a coin you need to consider how inflation that could happen cause the reward are from unlocking or generating a new coins. You need to understand the use of your token and the project behind it is crucial thing that can affect the price of the coin you hold cause it would be futile if the number of coin in the market will affect the price in negative way.

thesosorr

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Quote from: BayAngelo on July 20, 2021, 02:59:29 PM

We were told to hold token in wallet for the long term. in the earlier stage. most projects promises holders and long term investors that holding will generate more benefits and interest if they can hold the token for long term. today, None of these tokens offered dividends for holding, rather they creat campaigns for staking and ask investors to deposit.
My questions, are the long term benefits of crypto changing or it is just useless to hold since you can partake in farming and staking programs.

In my opinion, don't keep the token too long after the project is finished. I don't think it's of any use. I think, when we get the tokens from the project results, it's better to sell them immediately if the tokens are already registered in the market. This is the right step to anticipate things that we do not want.

Jackl87

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Quote from: BayAngelo on July 20, 2021, 02:59:29 PM

We were told to hold token in wallet for the long term. in the earlier stage. most projects promises holders and long term investors that holding will generate more benefits and interest if they can hold the token for long term. today, None of these tokens offered dividends for holding, rather they creat campaigns for staking and ask investors to deposit.
My questions, are the long term benefits of crypto changing or it is just useless to hold since you can partake in farming and staking programs.

I don't really understand your question as you still need to hold the coins if you want to stake with them or farm them. Also i think that staking and farming are a really great tool so that normal users can get some additional benefits from holding a coin for a long time. By holding a coin i mean to buy them and then put them into a staking contract of course. Most of those staking pools also have really nice APY's which are above 100% most of the time so it makes a huge difference if you just buy a coin and have it in your wallet for 2 or 3 years or you buy it and put it into a staking pool. That way you will have a multiple of the coins after a few years.

isaac_clarke22

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Quote from: BayAngelo on July 20, 2021, 02:59:29 PM

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Well it is changing and it is useless to almost hold, not just because of those you mentioned but also because that investors dump it off after the project ends it funding in the roadmap and gets listed in the exchange of their choice.
Most altcoins out there are just plainly just gonna end up a shitcoin.

darahjuang

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there is no great benefit in my opinion if stored in the long term... Only one or two tokens in my opinion have any benefit if stored for a long period of time.

Dread Pirate Roberts

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Holding for a long times its great if you choose great coin . not all coins are worth it for hold it for long time . even just for hold it some coins are also not worth it. it must be clear what coin is meant. not all coins are worth it, they can promise anything but you certainly know things like that are just part of their promotion.

slaman29

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Quote from: blue Snow on July 20, 2021, 09:29:31 PM

Quote from: BayAngelo on July 20, 2021, 02:59:29 PM

My questions, are the long term benefits of crypto changing or it is just useless to hold since you can partake in farming and staking programs.

That was a development strategy for the price, that is useless if they sell the token self in the market, even they make a suggestion to the investor to hold that which it make nonsense. When I were you, I don't follow the instruction, If I feel the profit I will get it, I don't want to wait for a long time because the chance didn't become twice.

Don't mistake crypto with actual use cases for "tokens" that have no real use except for "defi" things like farming and staking.

Think about it. If a coin can be staked and without any effort earn you 100% APY, and there is no economic activity derived from it other than everyone just minting more and earning more and maybe lending each other, then where is the real value coming from?

I'll answer: nowhere.

mindrust

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Gaining dividends is kid of a stupid concept with crypto. It is because crypto isn't a stock. It doesn't belong to a company that produce real world goods. Making it limited supply would be a better design. I know Eth is paying dividends and it is doing well so far but I still would't get so hyped for it especially if the project is new.

TastyChillySauce00

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Its just strategy to make the circulating supply not much so the price could grow or just incentivizing holders. Sometimes project that have token want people to keep holding the token so to keep the amount of token holders not decreasing making it looks like a popular token.
But it could be other reason as well, no need to be confused about it, just choose what suits you best either staking or yield farming.

traderethereum

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Quote from: BayAngelo on July 20, 2021, 02:59:29 PM

We were told to hold token in wallet for the long term. in the earlier stage. most projects promises holders and long term investors that holding will generate more benefits and interest if they can hold the token for long term. today, None of these tokens offered dividends for holding, rather they creat campaigns for staking and ask investors to deposit.
My questions, are the long term benefits of crypto changing or it is just useless to hold since you can partake in farming and staking programs.

That will depend on the investor because if they want to sell the token instead of holding it for some time, the dev can not prohibit or stop them as the investor wants to make a profit.
Many new projects promise to give rewards to the investor if they can hold for some period of time, but the investor is smart enough not always to follow the suggestion from the developer and the team.
If the investor is confident with the project and they believe the project will give them a big profit in the future, they will do what is suggested to them.
If you really want to hold the coin or token to earn dividends, you can try to stake bnb, trx, cro, coal, etc. But I do not know how many rewards you could make.

sgenuine

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Quote from: BayAngelo on July 20, 2021, 02:59:29 PM

We were told to hold token in wallet for the long term. in the earlier stage. most projects promises holders and long term investors that holding will generate more benefits and interest if they can hold the token for long term. today, None of these tokens offered dividends for holding, rather they creat campaigns for staking and ask investors to deposit.
My questions, are the long term benefits of crypto changing or it is just useless to hold since you can partake in farming and staking programs.

Talking about altcoins, it is so difficult to find something worthy for a long term. It is much easier to buy Bitcoin and Ethereum and just wait for their growth. But if you have time, you can do research and choose tokens of projects with innovative ideas that you believe in. And what they can give you is at least changing in their price. And personally I in staking, I don’t know why you are not satisfied with this.

Fundamentals Of

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Please don't be misled when the advice of hodling is given. Hodling is good but not in itself. Hodling the likes of Bitcoin and Ethereum is good. But it cannot be applied to hodling unknown tokens. If you hodl a new token, a token which has yet to prove something to the market, a not so special token, you are actually risking too much. You better use the money to buy top coins to hodl.

Most of the time, hodling token to earn dividends is just a bait for an unpopular token to gain value.

coin-investor

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It's profitable if the rewards are tradeable tokens just like they do on Betfury and if the token is already in the market and the price is attractive to holders, you can stake or farm the token you are holding, not all tokens that you can farm or stake are worthy you have to look and dig deep if the project is for long term and, right now farming is the trend in the market and the market is heavily diluted with these farming projects.

blue Snow

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Quote from: BayAngelo on July 20, 2021, 02:59:29 PM

My questions, are the long term benefits of crypto changing or it is just useless to hold since you can partake in farming and staking programs.

That was a development strategy for the price, that is useless if they sell the token self in the market, even they make a suggestion to the investor to hold that which it make nonsense. When I were you, I don't follow the instruction, If I feel the profit I will get it, I don't want to wait for a long time because the chance didn't become twice.

inanilujimi

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It all depends on the project you invest in. sometimes a good marketing strategy may not necessarily be well received in the market. Farm or staking sometimes in some projects can not be withdrawn at any time, there is a certain time to do it.
apart from that there is no guarantee that holding will always make a profit in crypto.

Bttzed03

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Quote from: BayAngelo on July 20, 2021, 02:59:29 PM

We were told to hold token in wallet for the long term. in the earlier stage. most projects promises holders and long term investors that holding will generate more benefits and interest if they can hold the token for long term.
today, None of these tokens offered dividends for holding, rather they creat campaigns for staking and ask investors to deposit.

This was probably said to you when staking and yield farming wasn't even a thing. Why not mention them here?

It's either adapt to the trends or be left out. The crypto market today is so competitive and a lot of these projects follow where the money is.

Quote from: BayAngelo on July 20, 2021, 02:59:29 PM

My questions, are the long term benefits of crypto changing or it is just useless to hold since you can partake in farming and staking programs.

Farming and staking is basically still holding. Some are done on third party platforms while others are done on internal wallets.

There are still projects that rewards holders just by holding on their personal wallets though. The model is distributing a part of the transaction fees to the holders. Safemoon is an example of that.

cabron

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Only the big investors will remain in the dividends project because they could survive even if the token price is continuously declining because their dividends still flow enough for them to live daily. But if the dividends you receive are less than $3 while you need to spend $50 a day, you're going to be forced to sell and find something else. I'm holding one token to earn dividends too, its not profitable because the project isn't used by people.

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I think as you said just the developers thinking staking by depositing more profitable for both sides maybe it's because they influenced by the existence of yield farming that allows getting profit from staking and as you can see yield farming by staking also become more and more popular, many coins that switched to Proof of stake also switching to using validator that stakes money, maybe because the risk distributed evenly among stakers and developer.

POS and DEFI token isn't dividends token. What they mean are the casino tokens and the revenue-sharing exchange platforms.

WalkerIVIV

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In my opinion if the dividends were making the developers need to pay gas fees and this is not profitable for them all and that's why they were creating a mechanism called staking to avoid the gas fees to distribute the reward. You can see that when the fees was so high on ethereum blockchain and each transaction needs a few hundreds dollars to be delivered to the receive's address.
I think that makes staking and farming were become the new standard in cryptocurrency
it's useless only holding your coin

mhine07

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Quote from: BayAngelo on July 20, 2021, 02:59:29 PM

We were told to hold token in wallet for the long term. in the earlier stage. most projects promises holders and long term investors that holding will generate more benefits and interest if they can hold the token for long term. today, None of these tokens offered dividends for holding, rather they creat campaigns for staking and ask investors to deposit.
My questions, are the long term benefits of crypto changing or it is just useless to hold since you can partake in farming and staking programs.

Holding coins in long term is based from a certain projects that have a long term to finish. And it depends on how the project will be in the future, there are also coins that are in long term but until now have low value and other no value at all. Just like what i am holding since 2017-2018 in my wallet, some have been dead and some are still active with their projects, that i am still waiting for me to benefit and gain profits from my holdings.

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