Staking and hodling are two different approaches to crypto investment. While hodling is a relatively simple strategy of holding a digital asset for a long period, rather than selling, staking offers rewards for participating in the creation of new tokens¹.
Topic: Is it wise to stake your crypto currency - page 3. (Read 1162 times)
I'll say staking is really ideal as it has a more predictable return. I recently started staking via the Bitget earn products; Flexible savings and so far it has been good, with APR ranging to 200%. The latest one I staked is BMTC with an APR of 120%.
Hodling without staking adds no increase/earnings afterall.
Hodling without staking adds no increase/earnings afterall.
In most custodian wallets like trust wallet staking is available for most crypto currencies including trx.is it better to stake such a coin or hodl it
It is better to stake than to hold because you can get profit on staking than holding your coin, but we need to be sure about the staking platform if it is legit or not because there are also staking platform that is scam and only build to stole your assets find a proven and trusted platform to stake for good.
Better to stake altcoins to earn a little bit, well perhaps with the exclusion of bitcoin, i completely trust trust wallet even if it is not open source, then there are many defi or dapps platforms where you can stake altcoins with high percentages
Everyone is different. Maybe adda who tends to stake to get more profit. But if I personally choose not to do it. I chose to buy then keep and hold it until the right time to sell the coin.
Buying and holding these assets we buy is the best thing to do. Yes, there's profit in staking but do you guys think that it's worth the risk if the risk is it could be gone for real? I'm telling this because many do like to stake in exchanges and there's no guarantee they'll get back those assets they've put into stake if problems exist with their service. While for some wallets that have that service, you still think of the risk if you can take that.Good point, the risk is added when you are staking the coin to a wallet that you are not the one who fully controlling the transaction, you don't know if what will be the possibility and if that particular asset dumped hugely you don't have any control and same with if the asset pump hard and you are into a locking time frame you can't do anything as well.
Better to buy and hold. Just make sure that both your knowledge and trust are both in the same project that you are supporting.
Everyone is different. Maybe adda who tends to stake to get more profit. But if I personally choose not to do it. I chose to buy then keep and hold it until the right time to sell the coin.
Buying and holding these assets we buy is the best thing to do. Yes, there's profit in staking but do you guys think that it's worth the risk if the risk is it could be gone for real? I'm telling this because many do like to stake in exchanges and there's no guarantee they'll get back those assets they've put into stake if problems exist with their service. While for some wallets that have that service, you still think of the risk if you can take that. In most custodian wallets like trust wallet staking is available for most crypto currencies including trx.is it better to stake such a coin or hodl it
Everyone is different. Maybe adda who tends to stake to get more profit. But if I personally choose not to do it. I chose to buy then keep and hold it until the right time to sell the coin.
Gotta stack them stacks! Always be sure where your staking rewards are coming from - are they from the protocol, or some other means, as if they’re offered by a cex you’ll be almost certainly getting ripped off.
Staking is a trap for most tokens, the team will lock your tokens and will keep diluting you until the value become valueless, I made this mistake before and won't do it again, as more tokens are released to the market, people will take it and dump them immediately on the market and the price will be suppressed, some tokens have good tokenomics to protect token holders but most of these projects have a very bad designed tokenomics, I remember stupidly buying PathDAO tokenduring IDO and staked it after the IDO, the price never went above the listing price since day one because the inflation was so high and people keep harvesting these tokens and dump them immediately on the market.
I understand that you've had a negative experience with staking tokens and have concerns about tokenomics in many projects. It's important to note that the cryptocurrency and blockchain space is still relatively new and evolving. While there have been cases of projects with poorly designed tokenomics or teams that have acted in a way that negatively impacts token holders, it's not a universal truth that all staking is a trap or that all token projects have bad tokenomics.
Tokenomics refers to the economics of a token, including factors like supply, demand, inflation, deflation, and distribution mechanisms. Well-designed tokenomics can provide incentives for token holders and encourage participation in a project's ecosystem
Staking r cryptocurrency can be a wise decision depending on one's investment goals and risk tolerance. Staking allows you to earn passive income by participating in the blockchain network and validating transactions. However, it's important to thoroughly research the project, understand the associated risks, and consider factors like the project's credibility, security, and potential returns before deciding to stake your crypto.
Staking with a 30-day timeframe is still a long time in my opinion, because the volatility in cryptocurrencies is very high,
you should look for staking with a shorter timeframe than Binance, but unfortunately it is very difficult to find it,
if you want to stake it is better when you have bought it at the bottom price, so you don't need to worry if the market dumps.
you should look for staking with a shorter timeframe than Binance, but unfortunately it is very difficult to find it,
if you want to stake it is better when you have bought it at the bottom price, so you don't need to worry if the market dumps.
Staking with your own wallet like the PoS model that we know before also not guarantee success when we have staked. therefore, it is highly recommended to do a test staking before saving it for a longer period. This staking test is to see the security and growth of the tokens that we have staked. Of course, we will feel more confident and safer if we can release /withdraw tokens for staking with a faster period.
I'm just staking my coin in binance app, in binance app you can choose 30 - 90 days it depend how long you wanna stake your coin. If you decide to unstake your coin you just gonna lose your reward and your unstake coin will be back into your spot wallet.
After staking, if unstaking is done before the time is up, then no profit will be received, only the challan will be returned.The number of times I've staking, I've always waited until the time is up because I don't know if the time isn't up, I won't get any profit, so I think about it and then unstaking. However, there are several rules for staking. 
I'm just staking my coin in binance app, in binance app you can choose 30 - 90 days it depend how long you wanna stake your coin. If you decide to unstake your coin you just gonna lose your reward and your unstake coin will be back into your spot wallet.
Staking with a 30-day timeframe is still a long time in my opinion, because the volatility in cryptocurrencies is very high, you should look for staking with a shorter timeframe than Binance, but unfortunately it is very difficult to find it,
if you want to stake it is better when you have bought it at the bottom price, so you don't need to worry if the market dumps.
Recently death helena coin which was a good side about this coin. There was staking programme with good profits ways for all stakers. But still that they gone to death pool so that's why we couldn’t believe a project stake. I personally preper trade now which is good profits ways around this time.
Right, One of the passive income options provided by trading services or platforms. Of course why not. However, my advice is to try to read and review the terms and conditions that apply to the coin you want to bet on, because if you go straight to staking without knowing the rules it could be another story and on the other hand By staking, you are contributing to the stability and growth of the network, which can increase the value of the cryptocurrency you hold. Happy staking.
It's nothing more than a myth that staking is a contribution towards the stability and growth of a network and it can increase its value of it, the value of a token depends on its supply and demand, if people are buying it more and it has a limited supply, its value will keep increasing, if it has a very high supply, it will require a lot of investment for it to gain value and staking won't help in that at all.I personally prefer trading over staking because you don't really get a lot of money by staking your tokens but if you convert the same tokens into a stable coin and make a few trades every day, you might get a higher percentage in profits, but that would only work if you have enough knowledge about trading and some experience of the market.
I'm just staking my coin in binance app, in binance app you can choose 30 - 90 days it depend how long you wanna stake your coin. If you decide to unstake your coin you just gonna lose your reward and your unstake coin will be back into your spot wallet.
I would say from my experience that it is wise to hold bets on cryptocurrencies. But if you know the right strategy. It is wise to use the right strategy at the right time. However, both buying and holding coins in Captaincy are risky. The benefits of stocking are relative to the risk. It is imperative for you to have the right idea when it comes to coin or token staking. In the case of some tokens, it has been seen that despite the high prices, it is getting hampered during the sale
One of the best ways to consider what to do with your cryptocurrency is to think about your goals, how much risk you're comfortable with, and your technical knowledge. If you want to earn rewards and believe in the long-term potential of a project, staking your cryptocurrency by locking it up to support the network can be a good option. However, staking comes with risks, so it's important to research the specific cryptocurrency and understand how staking works. If you prefer immediate access to your funds and don't want to deal with the complexities of staking, holding your cryptocurrency without staking is a simpler approach.
if you have 1000 TRX and hold for a long time and not staking then your TRX amount will still be 1000, but if you staking then your TRX amount will increase. so which one is profitable? I think you already know the answer. but more importantly here you should choose a reputable exchange or third party to avoid unwanted things.
That's logically right in terms of growing your investment, when you stake a coin then expect to earn percentage according to staking rewards, it's important to know what particular coin to use as your medium for your investment, I think it's been an open information to pick the project that still developing to get the potential to increase not just your holdings but also the value of your initial investment.
Staking might give you rewards, but not all projects have gained success. There are many staking coins dump so hard and until now, even you are earning rewards. The value from your initial investment in terms of fiat is far from what you have now.
the only coin available for staking that could plummet in value are those that are still on their initials stages, having some staking program for the sake of increasing liquidity.
meanwhile good coins usually offer relatively small returns yet they are consistent.
It's a cryptoverse version of 'fast and furious' vs 'slow and steady'. High APYs, like adrenaline rushes, might give you a thrilling ride, but remember, the faster you go, the bigger the crash. Stablecoins, with their steady returns, might not set your world on fire, but they won't burn your house down either.
The crypto landscape is more than just a treasure hunt; it's a chess game. A good strategist understands the value of pawns just as much as queens. Every coin has a role to play. Balance is key.
is really that guilty to this but on the time that i do have experience about the cons like dropping in value on which it would be useless on acquiring more coins into something which its price is really depleting overtime.It is really that very common on new projects in the market because if we do speak about those known or old ones then those numbers would really be just low. You would really be hesitating whether it would really be that worth or not.
You should also be mindful about the unbonding period on which you cant really be able to pull out those coins into those validators directly specially on the time there's a pump.
You cant take out those coins since theres an unbonding period which you would really be needing to wait up first.
The decision to stake a coin or hold it depends on your investment objectives, risk tolerance and understanding of coin staking. Indeed staking is usually good for profit. If you risk your coins, you have the opportunity to earn additional returns. However, keep in mind that the potential gains also come with risks. If the coin you are staking has problems or drops in price, you may lose some or all of the coins you have staked.
Yes, if you staking a coin, you can get profit. But after staking, if the price of the coins is dumping, you will have to bear a huge loss. But if you invest and sell the coins at some profit, then you will have a lot of profit. There will be chances. So I think both staking and investment have profit and loss. So we have to do the right thing at the right time. Jump to: