Is it Better to Hodl or Stake your Tokens? - page 5.

Abiky

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Quote from: ?? on ??

Of course staking is better and more profitable than just holding on, I'm currently staking CAKE, BANANA and MATIC, with the current market price I can earn around $22 per day from staking, of course if the price skyrockets then we can get double profits.

That will depend on market prices. If everything goes down the drain, staking wouldn't be an option to "double your profits". You'd be better off "hodling" your coins until everything goes back up again. There are many coins with high stake rates, but you will earn a lot less than previously imagined because of wild fluctuations in price. The risk of loss is higher by staking coins than just "hodling" them. Ultimately, you decide what to do with your coins. As long as you're able to make profits, nothing else matters. Just my opinion

michellee

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Quote from: cardholder on January 01, 2022, 07:57:55 PM

personally i believe staking is a productive way to hodl, it create an energy of becoming a diamond hand no matter the trend of the market, though it's advice to always stake tokens with good use cases, meme tokens are always a no, no for me

It could be productive if you stake the coin in a large amount because you will get a decent amount as a return from the staking process. If you only stake for a small amount, that will not give you a decent amount instead, you need to wait for some time. While you are waiting for the reward, the price can increase and if your staking is in the locking process because of the staking process, you will not be able to sell the coins and make a profit before the time to staking is over. Staking and Holding will have advantages and disadvantages so you need to choose what you want.

babygun

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Quote from: kaya11 on January 01, 2022, 06:57:21 PM

I never had tried any staking all of my life in the crypto space. I don't want my tokens to be locked, it is the same as the bank, I never put money on the back for too long. I used it all the time for business. Instead of letting the grow the money, I take risk and do it all my self. Same as in staking, I think if you have the skills and knowledge to do so it is better that you make it grow rather than just wait for portion of your money's income. I want the full one, say that I am greedy, but hey I am a risk taker, and I don't regret a single thing on my decisions regarding investments.

I don't really agree. It is super easy to stake (and unstake; most of the times this is instant) and you gain a nice extra on your crypto. There is not a lot of risk involved if you only stake on reputed exchanges/wallets. Staking is for me away to get more crypto for free. If you really see a price increase than you can quickly unstake your coins and sell them.

cardholder

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personally i believe staking is a productive way to hodl, it create an energy of becoming a diamond hand no matter the trend of the market, though it's advice to always stake tokens with good use cases, meme tokens are always a no, no for me

nurilham

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Quote from: Psilocybin9 on December 26, 2021, 02:34:10 PM

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.

Staking will be risky if:
- We stake our coins in fake platforms/ scam platforms. or platforms with no good reputation
- The ways of staking in that kind of platform is risky because we may lose our money, be hacked, or even be scammed by the owners of the platforms, it means that our coins may be stolen and they are lost.
- Staking will not be worthy of the rewards are very small and if there are some fees.

On the other hand, staking will be worthy if:
- the coins are stacked on top reputable platforms
- Offer worthy and reasonable rewards of staking itself
- Some available options to choose for staking based on the period

But so far, I think that staking is worthy enough to do while we are also holding the coins. So we can get double profits.

Quote from: ?? on ??

If only hold of course we only get profit from price increases, if we use it for staking then we can earn with coins or tokens we want, at BNB we can get an APR of about 28% this is equal to 3 times greater than bank interest in my country

That is wlaos what I think about staking. As long as we are staking in reputable platfomrs iwth good APY, it will give us more profits.

kaya11

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Quote from: Psilocybin9 on December 26, 2021, 02:34:10 PM

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 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. Besides if you use a liquid staking DApp like pStake you could essentially avoid the risk of having your tokens locked up by simply minting a synthetic version of your staked tokens.

The synthetic tokens you mint can be used on DeFi applications just as you would use any other tokens.

I never had tried any staking all of my life in the crypto space. I don't want my tokens to be locked, it is the same as the bank, I never put money on the back for too long. I used it all the time for business. Instead of letting the grow the money, I take risk and do it all my self. Same as in staking, I think if you have the skills and knowledge to do so it is better that you make it grow rather than just wait for portion of your money's income. I want the full one, say that I am greedy, but hey I am a risk taker, and I don't regret a single thing on my decisions regarding investments.

tulusikhlas

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Depends if the token put a bet, yes I will. But before that, I will first analyze the long-term potential of the token. If based on the analysis results that I get to have the potential for the long term, then in making stakes I will be much more confident.
Therefore, back to the basic analysis that you understand. Because there are not a few tokens that can be staked in the end, it does not provide a guarantee for the long term. All back to your research.

SUPERSAIAN

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I just hod Bitcoin and Ethereum and try not to sell it as much as I can, I think the longer I can hold it, the better. For altcoins, I am more interested in projects that use staking pools, I increase at least the number of possible market decreases and turn what I need into cash. I would say staking is good in the long and short term. Since the coins that I will keep for a long time are already clear. I can allocate a separate maturity for Defi coins.

The Cryptovator

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Any volatility cryptocurrency itself is risky anyway. Doesn't matter whether you are holding or staking. Both are risky. We have a different mindset, so the thought will be different as well. I am not a fan of staking, because I just want to play with funds. I don't like to lock my funds for a certain time frame. I just want to take advantage of the volatility. Staking is for lazy people who don't want to play in the crypto field. But if token price dump then stakers would lose a lot. If he is holder he could reduce the risk by selling in bad situations. So I am a holder and reason as I said above.

Benefactor

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The greater part needs to have an automated revenue through marking yet we're not completely fine with what it is requiring and that is to share our tokens with where you will stake. Assuming you purchase and hold some unacceptable alt-coins it very well may be discouraging, yet marking may likewise be someone else's decision for the most part the individuals who generally prefer not to be patient so settle on your decision.

MAAManda

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Quote from: Ararbermas on January 01, 2022, 05:18:54 AM

So if its short term only perhaps staking is the choice.

Are you sure? should choose to hold rather than stake if it is short term, because for trading purposes, the balance must always be available for sale, if the balance is staked, there will be a debond period for unstake, usually 7 to 14 days.

Cling18

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Both could be profitable but things will depend on your target goal and the potential of the coin that you're holding. You could stake or even hodl depending on the period that you will allocate on it. As for me, I would prefer doing both especially if I'm holding a good coin with huge potential. It's better to take the risks but gain a good profit later on.

Ngewex Yuk

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I think staking is better and more profitable than just holding, if we focus on the long term then by staking then we can get another benefit, namely rewards, and currently I am staking MATIC for another year because I am optimistic that MATIC's future will be brighter.

Ararbermas

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Probably staking is more profitable because even though market isn't in a good condition you still can make profits wherein unlike holding that you will rely if market is making pump but if not it's very skeptical and always can cause panic selling. So if its short term only perhaps staking is the choice.

Kadal Ijo

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Quote from: Psilocybin9 on December 26, 2021, 02:34:10 PM

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.

depending on the calculations offered, if it is reliable and profitable compared to just holding, isn't it better to be able to continue to increase passively, but yes if there is a risk in all types of investment.

In my opinion, good staking is what you can earn with the same tokens as Banana, MATIC or CAKE, which is a good added value because it is safer to staking on the same coin or token than buying new tokens with the risk of falling prices.

cute nmp

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I will definitely choose staking instead of holding . Staking is most atimes more profitable than just holding altcoins your funds can easily accommodate when staking.Most of the coins I hold turns out to be a failure especially during this kind of Market situation.I prefer staking more than holding because it is much more safer.

blockman

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Quote from: Strongkored on December 30, 2021, 10:38:48 PM

Quote from: blockman on December 30, 2021, 01:15:28 PM

Quote from: CryptoATM on December 30, 2021, 01:12:30 PM

It's better to hold your coins some times unless you are sure that the staking source is 100% reliable, also if the coin APY is too high it's a red flag that the project will fail in a very short time stay away from such coins and tokens. I recommend binance exchange and kucoin is centralised and if Dex is your thing do go for trust wallet

I'm disappointed with what I've seen that there goes the people that are promoting those risky APY from unknown projects and platforms.
They're making it look like that it's a zero risk investment but they don't know that it's already a red flag. Although there really are those crazy APYs that made people profit from it but these days, they're risky and I'm not ready to take that highest level of risk that they have.

Too many tempted to see the amount of APY offered without doing research first about the coin, they forget coins that are easy to get will be very easy to dump and the decline will be very deep which in the end is actually a loss.

Staking is good if we can choose the right coin to stake, but if I have to stake on CEX or a platform that I don't have access to PK then I'd prefer to just hold it.

They're projecting and thinking that they hit a jackpot just because they can see how much percentage they can earn with such unknown projects.
But it's a very risky way to gain money with those APYs that are very high because it's likely that they'll be scammed instead of making a money from what they've found.
Look at the legit projects, they only offer a little APY just as the banks.

kawetsriyanto

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Quote from: Psilocybin9 on December 26, 2021, 02:34:10 PM

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.

Honestly, I am a little bit confused with your statement here.
I am thinking of staking, staking is risky if we are staking them on not trusted or nonrepeatable platforms. Staking means also holding tokens or coins in certain platforms and we can earn some rewards from staking, both weekly, monthly, or annually depending on how long we are staking.
In this case, holding means holding coins for a certain time but we don't get any rewards, only saving the coins and letting them be in our own wallets.
Why should compare that holding is less risky than staking while we can do both if available i the trusted and repuatble platforms?

terrorJR

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depending on the desire and how the strategy.
You can't ask other people about things like this if you really want to be used as a benchmark, because this has its own advantages and disadvantages.
depending on which direction you want the most important thing is that both can profit. Hodl by holding them to a suitable price, Staking can at least increase the number of assets we have.

LUCKMCFLY

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Quote from: harizen on December 26, 2021, 04:34:08 PM

We are all ended up with a different result because our strategy and approach are different from each other. Why not test both and see the result for yourself? I see that you are not new to that kind of system making it easy for you to do some tests.

If you see someone getting profits from hodling or staking, that's because they are able to apply their strategy properly. The same result might not always happen in your case so create your own and see if it's effective in the long run.

There is a lot of logic in this, and there are people who do not step on the ground, it is as if they live in another world, obviously when we bet on a platform or an Exchange we are fully trusting that this Exchange is legal and that our funds will not be stolen, but there is We have to make sure where our coins will be put to generate more, at least I know a couple of casinos that when you put money there buying their native tokens they give the best coins on the market as staking, which attracts a lot because it is a very reliable casino, or that Let's do it in an Exchange like Binance, but in decentralized exchanges if there is much more risk.

Topic: Is it Better to Hodl or Stake your Tokens? - page 5. (Read 1076 times)