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.
staking is a good solution, there are lots of good coins I'm always looking for coins from a great long term project, now there's a lot of staking who can get an airdrop snapshot of the dex market. Yes, I hope you don't miss this opportunity. this aridrop dex moment is still a lot like a metamaks wallet, there will also be an airdrop that will come with rumors..? 
Topic: Is it Better to Hodl or Stake your Tokens? - page 6. (Read 1076 times)
IMO, I think it depends on your desire to do with your tokens because no one can force you or tell you to do so, the important is just make sure that you are happy with your decision because, in the end, you will be the one that benefit of your actions, Anyway staking income is not that big, but it's better to do it than to remain your tokens idle for a long period.
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.
With the rise in popularity of blockchain and crypto tech, there will be an influx of unprecedented cryptocurrency scams. The high-tech nature of crypto will attract sophisticated scammers capable of pulling off outsider and insider hacks and schemes. Consider the recent “Squid Game” scam in which investors allege a new SQUID cryptocurrency token. Investors claim the developers disappeared after the currency skyrocketed in price and seemingly cashed out with more than $3 million. Unfortunately, most of the market will end up like that. 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.
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.
Yeah, I think both of them are profitable in the long run. And as long as you have been given a good APY then why not take it? But beware of the risk as well, as we all know that the market is very unpredictable and even the project itself as we don't know if they are going to disappear or scam it's stakers and investors.
And as compare to holding, you can control of your coins/tokens because you have the private key. As the saying goes, "be your own bank". So it's up to the individuals, as to what they prefer but both has it's pros and cons.
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.
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 don't see a risk at all if you decide to stake your tokens? What risk should that be. I mean the only thing that can happen is that a project which you are staking makes a rugpull and you can't access your tokens anymore to sell them off, but even if you hodling that coins it won't make a big difference because if a rug pull happens then everything goes so fast that you still won't be able to sell them off for a reasonable price, even if you are very fast and sell withing minutes. The only reason why people would not stake their tokens for me are that they only have a small amount of them and the gas fee for staking would be higher then the value of the staked tokens, or that staking has impact on the taxes that you need to pay.
actually, this decision depends on the need and purpose in owning the coin. If you plan to rapidly expand the assets you own, holding is the best option. because, when the price pumps, it can be your opportunity to sell assets, and think about the next plan.
however, if you want to earn extra income while holding the coins for a certain period of time, then stakes are the answer. because you can hold and increase the assets you have at the same time.
however, if you want to earn extra income while holding the coins for a certain period of time, then stakes are the answer. because you can hold and increase the assets you have at the same time.
is it better to farming in my opinion hahaha some of the APR is crazy but stake is way better than regular hodling since it give u good amount of money without risking of impermanent loss of farming
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.
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.
Both come with risk, holding yields no extra stalks except for price upsurge. While staking increases holding, when it's very profitable, one can even sell the yielded rewarded while still having the initial balance intact. In both selling at peak and waiting for correction is more profitable.
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.
Holding is best choice. Crypto market is volatile amd we cannot predict when will market blow or dump. If you stake , the token will be lock. During locking period may be token price pump hard amd you miss the chance to sell at all time high. I always prefer holding because something banned happen and you need immediately token sale which is not possible in staking.
However we need to look at the coin first before making a decision,if we have potential coins like BNB,Matic and others I think it's worth it and it's better to keep holding it,
apart from that I think it comes back to each person's preference
You have said it, the only risk involved in staking is having your asset lock-up for the duration you are staking which is also why stakers are being rewarded for taking this risk, there is also the risk the price dropping which can affect investment especially when staking other coins/tokens and not stablecoins, however, staking is good because you get the opportunity to increase your bag and in a way earn passively.
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
It depends some investors do not feel ease staking as they feel risk so they believe in holding because keeping coins under their own control is good rather than staking coins on others control. Yes, the locking period is also the matter so one is bound if withdraw lose its profit amount even I never heard about pStake. Personally, I don't like moving my funds unless plan to sell so I am a hodler and I don't like to take risks to move my funds that's why I do not stake.
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.
Read thisHodling 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.
DeFi hacks [history]
https://bitcointalksearch.org/topic/defi-hacks-history-5267124
The safest way to make money is adding liquidity with stablecoins to the uniswap and 1 inch pools, but I don't want to risk my investments for 10% of the annual profit.
There are a lot of risks with the rest of the tokens if their price falls.
Holding is best choice. Crypto market is volatile amd we cannot predict when will market blow or dump. If you stake , the token will be lock. During locking period may be token price pump hard amd you miss the chance to sell at all time high. I always prefer holding because something banned happen and you need immediately token sale which is not possible in staking.
I see Depend which one coin staking not all have risk practically when you bought coin with higher price, you true with many coin have bigger risk for staking but they are giving bigger higher APY reward and only exist few day before coin dump extremely. I think staking with stable or top position on market coin is better like try with AXS staking on Binance and giving 100% APY, just get risk after price pump above $100 but AXS keep stable and I watch almost two months price still up and never down under $100. I think not all have skill for trading with higher APY on staking can give them solution get earning without trading and staking only.
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.
No altcoins may remain relatively stable over the years hence you may end up in losses if you plan up for both holding and staking. Staking may sound like a better one than just holding but practically I am not seeing any big differences in terms of ROI.For example, I have holding dogecoins for years and at some point I got frustrated due to no big profits and I was thinking like if dogecoin is a POS coins then for the time of I have been holding for years, then I might have got chances to double my stash; but until Elon Musk entered I was in loss with dogecoins.
So, just holding or staking, if your coin is picked by some billionaire then you may get chances to profit otherwise devs of those coins will become millionaire just by convincing you to invest into their shitcoins.
Choosing the right staking platform is essential. With more Defi projects entering the crypto market and offering huge APY, I think there is still room for more potential in staking one's tokens. New Defi projects like Titano, Time, and Ferox advisors are good for staking. But, you have to try it for the risk/reward equation.
Every token or coin that can be run on a farm, it never hurts to try it even if it is only for once, and if there is one that can provide a large profit then it is worth taking and not to be missed.
Choosing the right staking platform is essential. With more Defi projects entering the crypto market and offering huge APY, I think there is still room for more potential in staking one's tokens. New Defi projects like Titano, Time, and Ferox advisors are good for staking. But, you have to try it for the risk/reward equation.
Now, whether it is better to hold or stake your tokens, the decision is yours.
If you are patient, then hold your tokens for enough time. If you want another income source, then stake them.
Now, whether it is better to hold or stake your tokens, the decision is yours.
If you are patient, then hold your tokens for enough time. If you want another income source, then stake them.
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