Topic: what is difference between HODL and staking? - page 2. (Read 511 times)
HOLD is, if you simply buy any coin and then keeping it for long term on any exchange or you can generate your own address from trust wallet or metamask or others. And Staking is, you need to send your coin on a Platform and that work for providing liquidity there, so they'll give you some profit base on your assets amount. Let you know, staking is only good of you have extra assets, otherwise if a coin began to dumping, then you can't manage or trade. So you need to select options carefully between hold & staking.
Hodl is when you hold your coin to your wallet and waiting for the price to go up before selling it. So it is like saving money in the wallet and waiting for its price to increase while in staking it is like saving your coin to bank where in return they give you interest for saving your money to the bank but in cryptocurrency staking the APY is much higher than what the common bank gives but you would consider the volatility of the price of the cryptocurrency you are going to stake and the changing of the APY too.
Maybe I am just old school but to me staking is participating in the security of the network through Proof of Stake. By staking you earn the block reward for processing a transaction for layer 1 network for a PoS coin eg. after the merge of ETH. I don't consider layer 2 DeFi style putting of tokens into liquidity pools or just locking up and getting part of transaction fees as staking. It should actually called something else like interest bearing deposits as it is confusing. It was interesting to see how many answers in this thread refers to APR and APY.
Anyways, for me staking is utilizing your token balance in a wallet to "mine" block rewards through PoS. This implies that you hodl your coins because if you don't hodl coins, you cannot stake. Therefore staking implies hodling but you can hodl without staking the coins.
Anyways, for me staking is utilizing your token balance in a wallet to "mine" block rewards through PoS. This implies that you hodl your coins because if you don't hodl coins, you cannot stake. Therefore staking implies hodling but you can hodl without staking the coins.
my question is what is difference between HODL and staking
I feel like there is a good amount of situation where people do not understand that what you hold could also drop in value. The biggest "disadvantage" of stake that people keep talking about is people get paid just for holding it as well, whereas holding another coin without staking could drop just as easily, either from mining or whatever else they are using. Bitcoin miners do not really feel any threat because even if they sell it every single day, it would be gone within the trading volume we have.If I am investing in a decent coin then staking amount per day should be nothing compared to daily trading volume, that is at least how it should be like, if it is not like that then it is a bad coin.
the obvious difference is that HOLD in the wallet only gets profit when the price is high
while staking gets 2 advantages, the first is the hold advantage because it is staked on a supported exchange and the second is the addition of coins from the staking result.
but both of them have a small risk
while staking gets 2 advantages, the first is the hold advantage because it is staked on a supported exchange and the second is the addition of coins from the staking result.
but both of them have a small risk
I see that the OP has received enough explanations of the difference between holding and staking, which means it's time to understand the advantages of one over the other. This can be easily done by familiarizing yourself with the thread: "Is it Better to Hodl or Stake your Tokens?" - https://bitcointalksearch.org/topic/is-it-better-to-hodl-or-stake-your-tokens-5378694
It is an option, you can choose to hold with low risk to get profit when it goes up (this profit is only earned once that is when selling) or you choose to stake the asset with more profit and higher risk (the profit from staking earns interest every day , however, there is a risk when the price drops further you will just be stuck here)
hii all
my question is what is difference between HODL and staking
my question is what is difference between HODL and staking
It has a huge difference because the HODL thing is just simply holding and leaving your cryptocurrencies in your wallet and waiting until the price is already good enough to sell for a profit. while staking is needed to locked your cryptocurrencies in a specific period to earn returns *interest in *APY but it depends on your target because every one of us has a different range of targets in terms of length and profits.
If you hold you only make a profit when the price of the asset you hold goes up. However, Staking is that you put your assets on a platform to generate assets back with the provided pool. Staking also has risks, this risk is called impermanent loss.
hii all
my question is what is difference between HODL and staking
I see not big differences between both of methods, But staking means you have to transfer your coins for any staking platform or third party so it might be risky because you have no control with your money. On the other hand in case of Hodl you can buy a coin and if you want to store it for short term or long term, And can withdraw anytime but for staking you have to wait for a certain time as like one weeks or 12 weeks with interest. my question is what is difference between HODL and staking
hii all
my question is what is difference between HODL and staking
Hodl means holding an asset/coin or not selling it in the near future and usually waiting for a higher price to make a sale after previously buying it at a low price.my question is what is difference between HODL and staking
Staking is the best choice to start investing and generate passive income because we only need to have coins or tokens and lock them in the wallet.
I just explain as simple as possible and then you can find it or search it on internet or you tube for more details.
hii all
my question is what is difference between HODL and staking
my question is what is difference between HODL and staking
Holding has to do with buying your coins and keeping it in your wallet without having to do anything but just wait for the market to give you a percentage increase you are comfortable with then you sell. Holding are foe people who do not want to trade and keep to date with development of the project they invested in Holding should be done only in private wallet and not done on exchange or wallet you do not own your private key.
Staking is holding 2.0. with staking you do everything a holder does but now your holdings give you passive income as they make more money for you instead of staying dominate. Staking has its disadvantages as most coins with that feature gets dumped easily so you have to be very careful when choosing a project you want to hold and stake.
hii all
my question is what is difference between HODL and staking
Holding means that you are holding or keeping your cryptocurrency asset in the certain wallet (exchange/personal wallet/hardware wallets and others). But this will not pay you some profits monthly in the coins that you are holding. However, by holding, you may have chances to get higher profits after certain periods, because the assets that you are holding may be increasing after several years or months.my question is what is difference between HODL and staking
On the other hand, Staking is actually almost similar to holding, it is by keeping certain assets. But it's done in certain platform where it will also give you APY based on the certain period that you are staking. This will give you passive income weekly, monthly or yearly. However, you must be smart in chooisng the platfomr, whether it is reputable and trusted or not. Because, it is also risky if you are loisng your assets.
Not all coins can be staked and not all exchanges provide staking. So, do more research on this and also do more analysis on the rewards of AYP itself.
hii all
my question is what is difference between HODL and staking
Hodling is holding your coins for long term till you are ready to sell. Staking is locking your coins and contributing to the network in some way. You receive passive rewards for your contribution to the network. While staking you are also holding, but you won't be able to sell when you want until your staking period ends. If you are planning to hold for a very long term, then staking your coins (only coins that uses PoS or similar mechanism can be staked) would give you some nice profit along with the price appreciation. There are also coins that you can stake without having your coins locked.my question is what is difference between HODL and staking
But you should take into account the fact that when staking, you usually need to send your coins to other platforms, which significantly increases the risks.
You don't send it to other platforms if you stake using your own wallet. You only send it to other platform if you decide to use an exchange or a centralized platform to stake. 
From what I know between HODL and staking, it is clear there are 2 very different things because the meaning of the two words is very clear.
HODL which means to keep holding an asset even though the asset continues to fall by holding the holder's emotions from losses by releasing the asset at a low price so that HODL will continue to hold the asset until the price rebounds and only hopes to benefit from the increase in the price of the asset.
Staking in this case is almost the same as HODL, but in this case the asset holder holds the asset to be included in staking to get passive profits regardless of the price at that time.
HODL which means to keep holding an asset even though the asset continues to fall by holding the holder's emotions from losses by releasing the asset at a low price so that HODL will continue to hold the asset until the price rebounds and only hopes to benefit from the increase in the price of the asset.
Staking in this case is almost the same as HODL, but in this case the asset holder holds the asset to be included in staking to get passive profits regardless of the price at that time.
Staking gives you a return on investment (passive income) but if we hodl we will not be able to earn anything extra as the amount will be resting in your wallet. But staking comes with a tie in process wherein you stake it for some duration and there are chances that one may end up with lesser amount than what it was at the time of staking period because prices might come down and you might not be able to sell it due to lock in period which is not the case with hodl.
No additional earnings for your asset when you hold, whatever coins you are holding the quantity will always remain the same even if the price value is up,
But when you stake, you are committing your asset to support the network of the project you are holding and in return, you get some reward depending on the length of time you chose to shake for,
Staking is a good way of increasing the quantity of a particular asset you have in your portfolio, before, I only hold but now I realize I can hold and still stake to get rewarded, to me, I think it is very profitable.
But when you stake, you are committing your asset to support the network of the project you are holding and in return, you get some reward depending on the length of time you chose to shake for,
Staking is a good way of increasing the quantity of a particular asset you have in your portfolio, before, I only hold but now I realize I can hold and still stake to get rewarded, to me, I think it is very profitable.
hii all
my question is what is difference between HODL and staking
my question is what is difference between HODL and staking
The difference is very big, although someone who invests in the long term, i.e. HODL, can also staking coins.
HODL is just the word "hold" except that letters L and D are swapped. One of Bitcointala users made such a mistake when he was drunk and this form began to be used.
It just means not selling, but holding cryptocurrencies even when there are big price drops in the market.
Staking is simply locking coins for a percentage income. Just like keeping money in a bank deposit for the same purposes.
The two terms actually have almost the same goal, namely to earn income without having to carry out trading activities. if HODL we aim to hold the coins we have until we sell them at the price we want. while in staking, we bet the coins we have without having to do anything in the time that the project has created. and the amount of income depends on the number of coins we have
That if the person is hodling or staking for long term but what if not? And what if the person is itchy to touch his asset? He will just sold his coins if he is holding it or he will just unstake his coins in a staking platform to get his profit and then he will start all over again. What he was doing is not staking or hodling anymore but what he was doing is like trading, it makes no sense.We should ask our selves first if what is our goal so that we know if what activity is best for us because we can stick with that. If there are difference between staking and holding I think I would say that holding is easier and more accessible and allows you to earn more.
Hodl, simply put is like keeping money in your pulse, and the value rises only when the price of the coin goes up.
But staking on the other hand is like putting your money in a fixed deposit account where you get to earn interest.
But staking on the other hand is like putting your money in a fixed deposit account where you get to earn interest.
Jump to: