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Topic: Is it Better to Hodl or Stake your Tokens? - page 3. (Read 1101 times)

full member
Activity: 1204
Merit: 104
February 01, 2022, 12:24:28 PM
At least for me, the moment where I can send funds to the liquidity pool, Farming, and also to staking is very positive, receiving a fairly good passive income.  An example is the CRATD2C project, which will provide an opportunity not only to keep your asset, but also to increase it through additional income.
sr. member
Activity: 1918
Merit: 328
February 01, 2022, 08:23:34 AM
The biggest additional risk stakers take on relative to hodlers is having their tokens locked into a liquidity pool for a certain period of time.. Usually no longer than a month, but for this extra risk stakers are given pretty decent rewards.
Staking is a good thing to do. If you’re going to be buying a coin and leaving it your wallet for a year or so without touching it, maybe it would be best to stake it and then make some extra profit from it, instead of just holding it like that, although you can still make profit by just holding, but staking brings in extra profit. There are coins you would stake and you would be making as high as 10% to 20% profit from it. The thing with staking is just the lockup period and the fact that liquidity would still affect your coin during staking. If the value of the coin is dropping, you know it’s still a loss for you.
legendary
Activity: 3346
Merit: 1128
This is a pretty big question that people in this space have to consider. I personally like to do a bit of both in the sense that I stake the relatively stable tokens, and tend to just hodl the more volatile ones.

Hodling your tokens is definitely less risky than staking your tokens, but in all fairness staking doesn’t really seem like all that risky of an endeavor. Especially, when you consider the fact that a big part of staking just involves hodling your tokens. In fact, many of the risks associated with hodling your tokens are the exact same risks you will be exposed to whilst staking them, and that is the risk of downward price fluctuation.
The question answers itself in a way. If you hold a coin that can't be staked then you can't stake it, if you hold a coin that can be staked and everyone else does it then why shouldn't you. So, it all comes down to which coin you want to buy. I have bitcoin a bit and normally that can't be staked but some of my bitcoin is at freebit.coin earning about 4% per year, nothing big and there are certainly better places with higher returns but I trust them the most.

There are also some ETH investments out there which you can stake right now like 2.0 already happened, but I do not trust them neither, aside from them most of my coins are in staking right now one way or another. So it is about the coin, not the system.
hero member
Activity: 1834
Merit: 720
January 31, 2022, 09:49:05 AM
#99
Hodl or Stake, both is good because what we aim is profit. If stake, maybe i will see what the token and what the platform. Maybe if platform i will pick which is reputable first and then see the progress of the tokens. Or maybe just pick stablecoin to stake if want to be simple.
full member
Activity: 588
Merit: 100
January 31, 2022, 08:46:06 AM
#98
I prefer stakes with high APY and APR to get daily profit, I also like to buy coins that do not have stake options but with good fundamentals and hold them in the long term because patience is the key to success to be a winner, whatever assets we have always use money wisely to avoid emotions in certain market situations and forget it in the long term then you will get a big profit, believe me Stake or Hold is the best option for us to control emotions
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
January 31, 2022, 08:40:40 AM
#97
making hodl has the advantage of coins being in your wallet and safe because you have the private keys, while staking has the disadvantage that the coins are not in your wallet which means that you don't have control of private keys and that you won't have them either guaranteed profit at the end of the stake period so it is clear that hodl is 100 times better option than stake
legendary
Activity: 2562
Merit: 1177
Telegram: @julerz12
January 31, 2022, 08:31:24 AM
#96
If you're not looking for a passive income then just hodl it, no point in risking your coin/token if you're already comfortable with its current value especially when holding some of the top cryptocurrencies, they always bounce back, just a matter of when. But, if passive income is what's on your mind, then staking is definitely an option although, as many have already said, it comes with numerous risks. Not just the value of the coin/token itself but even where you stake it, some platforms offer high APR but then get hacked due to lack of security. Even the big ones like Binance is no stranger to these things.
It all boils down to you, whether you are willing to take the risks and reap glorious rewards or play it safe.
Remember, not many people have the convenience of choosing between those two, some are just happy holding a few coins in their wallets.  Smiley
full member
Activity: 2142
Merit: 183
January 31, 2022, 07:25:18 AM
#95
Crypto staking is very beneficial these days. It is upto you that you hold or stake your token. Think positively that if you hold coin you only your coin price when you sell but when you stake you will get some extra coin as well. But staking authority some times gives a definite time to unstake your coin this can cause downfall of coin price so think and do what you want. I have never stake any coin till now.
I always prefer cryptocurrencies that can be staked and receive additional profit. Yes, this cryptocurrency can fall in price during the freezing period, but this can happen with any other cryptocurrency. But if the project is promising, then over time it will recover again. Rather than just storing cryptocurrency, it is better to store it in staking for your own benefit.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
January 31, 2022, 06:53:35 AM
#94
I think with staking you can consistent earn profit several percent every month and become your passive income like you are an working on company, I like with staking coin but looking with potential coin giving stable APR and price keep stable not drop drastically, almost coin staking with higher APR always drop drastically few weeks later after entry with staking, I want looking for which one have potential coin for staking keep stable price exactly one years later after staking.
hero member
Activity: 2576
Merit: 586
January 31, 2022, 05:48:05 AM
#93
Depends what do you want.
Keep value than hodl. Choose your coins/exchanges wisely.  Sometimes a exchanges takes all your profit.
Current market conditions are certainly common, I think hold is the best solution to get big profits, I believe it's easier to make big profits with hold than stakes because usually stakes have to buy new tokens that are not yet popular so it is riskier unless single stake is more profitable than stake only hold.
If you are afraid of new tokens then go on much older tokens as they are also available for staking  and also staking on exchanges like binance can offer more confident even if on newer coins because binance is much stricter when it comes to accepting coin on their platform. They are big enough and they do not want their reputation to get affected easily by just accepting a newer coin.

Market conditions right now are on dump so it is hard to make a profit but it is best to hodl your coins right now to avoid a loss or if you have just bought it. On the other hand, I think it is possible to earn an income on staking even on the current situation.
hero member
Activity: 1344
Merit: 565
January 31, 2022, 03:43:45 AM
#92
Do what makes you think is worthy of your time. The majority wants to have a passive income through staking but we're not all good with what it's requiring and that is to entrust our tokens to where you're going to stake. I'll just hold like any other and I don't have confidence much with those staking platforms. Even they're talking about the trust and many of them are safe, still, I'll just hold my private keys and I'm good with that even there's no % of APY.
I agree that staking is not bad but it is not really something I would want to do for a long time as in, lock my crypto assets up for a long staking period. Tried that once and would have been better for me if my tokens were not staked then cos I would have made more from selling them at High than when I was eventually able to unstake them even with the insignificant APY. I just also prefer to HODL my coins.
member
Activity: 1078
Merit: 12
January 31, 2022, 03:27:57 AM
#91
Staking of course has a better profit than just holding, I invested in Pancake, Cardano and MATIC and all of them I use for staking, and am happy because I get a big profit, for example almost a year ago I auto staking 220 CAKE and now it has become 380 CAKE.
sr. member
Activity: 2086
Merit: 283
Vave.com - Crypto Casino
January 31, 2022, 01:36:13 AM
#90
I think they both have different risks. but I think it's better to stake than hold. because staking on certain altcoins can give us passive income with a time that is in accordance with the contract we have agreed to. whereas holding certain altcoins cannot provide passive income. and staking can provide greater benefits than just holding coins.
Staking can indeed give us passive income if we do it with the right coins, but I don't agree if it is said that staking is more profitable than holding because so far holding has proven to be the only best way and can provide greater profits in the long term, as for security side, holding is also safer against hacking than risking.
hero member
Activity: 2058
Merit: 710
January 30, 2022, 11:07:16 PM
#89
depending on what coin you hold, I personally prefer staking with coins with stable price movements because I personally need a definite income and I also hold coins that tend to be cheap or new.
There are many ways to earn definitively and passively now because there are several options that can be applied by anyone who has more abilities, as you said for Staking, and can also start by assembling mining tools, and also by participating in campaigns in services whose income always there every week.
legendary
Activity: 2436
Merit: 1008
January 30, 2022, 06:50:10 PM
#88
I prefer to always stake my tokens or coins as long as it'll able to withdraw not more than 30 days. Because in a month, crypto trends could changes and it's quite dangerous if we are not making any movement in a moneth with our coins freezing on the staking platform.
But it only applied on trends token or new project tokens, for tokens like ETH and BNB, i'm okay stake it for more than a year because we know the progress of these tokens are good and we are not missing a chance to make more money from it

Nothing wrong with that if you understand the staking terms and do your research properly.

But don't just stake just because of the hype. It's still good to choose those coins that were already in the long in the service and their staking program are having a good review to the community.
hero member
Activity: 2646
Merit: 584
Payment Gateway Allows Recurring Payments
January 30, 2022, 06:40:14 PM
#87
Can't we do both at the same time as long as it's available on the right platform?
It can be done but for me, I'll take care of my coins on hold than to stake it. But this is only for those coins that I really value a lot and don't want to put at risk, risk in a matter of relying to the platform where I'll stake it.
I've got a few tokens in stake and they don't really matter to me, I just simply put there and good as it is, whether they'll be valuable someday or not, it won't matter. I just want to put it that way and not that much expectations.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
January 30, 2022, 06:37:47 PM
#86
Can't we do both at the same time as long as it's available on the right platform?
But if I really prefer staking, it will be done only for a few periods. When I decide to do long-term holding for several years, then I will prefer to keep it in a hardware wallet and not for staking.
Why? Because staking on certain platforms also has some risks, especially regarding security.
So I could say that if I want to hold and stake simultaneously, I will do it but at a certain period or only for a few months.
sr. member
Activity: 1988
Merit: 275
January 30, 2022, 06:26:27 PM
#85
Of course staking, but I recommend staking on coins that have a strong reputation such as BNB, Cardano, Matic or others., I've staking at Pancake several times and the results are quite good, especially if we farm then we can get APR up to 300% and of course this is very profitable than just holding in the wallet.

Like you said, it depends on the coin you want to stake because not all alts are profitable. Just like not every alt is worth holding. Also, if you are staking in a third party platform, better secure that your funds are safe, like for example in binance. Though they may not be offering high APY as compared to other platforms but at least you are sure that you can get your money back when unexpected things occur like hacking. Binance has their SAFU in place, which means, your funds are insured. But with other sites, once they are hacked, you can never be sure if you will ever get back your funds.
hero member
Activity: 2058
Merit: 710
January 20, 2022, 07:14:50 AM
#84
I think staking is more profitable than holding, if we only hold then we only rely on price increases, but if we use it for staking we can earn the same coin or other coins, and I am currently staking MATIC, CAKE, Quickswap and several other coins.
Yes, from a profit point of view, Staking is more profitable, but from a security perspective, I think Holding wins in this case because Staking is managed by another party while Holding is maintained by each individual.
sr. member
Activity: 980
Merit: 255
HALA MADRID
January 19, 2022, 06:56:57 PM
#83
Stake is best option right now as holding coin because price still dump, trough benefit from holding coin and waiting for selling when price up we have an option with staking where holding and locking coin we can earn reward depend with coin we use for staking, each coin have different reward giving for staking but only AXS still giving 100% APY and I think bigger reward if you buy this coin on higher price better holding and staking.
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