Both depend on what you are doing them with. If you are doing yield farming on a shitty token then you will lose money, but if you are staking a shitty token then you will lose money as well. It doesn't matter how you are trying to do these, the only thing that matters is if you are doing the right token or not.
So, let's assume you find a yield farming chance with bnb-eth pair or whatever, that's trustworthy right? People will dislike it because it will have a very low return, but at the very least you know that the price will go up in the end even though you will not make any profit at all from the farming part, which you still do. Hence, as long as you pick good tokens and coins, you should be fine with either.
Topic: Yield farming or staking? - page 2. (Read 247 times)
What will you choose? Yield farming or staking? If anyone want to share his experience?
As others say, it's hard to say more without additional information! First of all, you need to choose a good project that can do something in the future, so that farming/staking is not in vain! It's common to think that lower APY is less risky, while higher APY is a high-risk investment, but it can be more profitable! So with what you will go is up to you!
When it comes to my experience I am staking some coins in some wallets that have that feature! I am fun of some casinos with a staking option so I do that also! Recently I am staking BSW at BiSwap and it's pretty fine for now, we will see how will that go in the future, with +50% APY I consider it a risky investment, but I didn't invest more than I can afford to lose!
None of the above, I've seen how ugly staking coins that are volatile can get in a bear market, if you want to stake or farm altcoins its better to do it in a very bullish cycle, a month or three months you will get your rewards and move on but if bear market catches up you will see the ugly side of staking.
What will you choose? Yield farming or staking? If anyone want to share his experience?
I choose staking more than yield farming and its obvious on stable coin "! Altcoin maximum time do good in his starting position but in farming day by day its going down and down more than so i always take a interest in stable coin staking.
I will go with staking because of the ease of convenience and decent profits that we get from staking.
The requirements for staking actually depend on the coin that you are staking but for most of the coins the requirements are slim.
I have been staking a coin from past 6 months and I am happy with the returns so far.
The requirements for staking actually depend on the coin that you are staking but for most of the coins the requirements are slim.
I have been staking a coin from past 6 months and I am happy with the returns so far.
This time im still doing farm on pancake swap and as far as the reward getting paid with the good token like cake. i prefer to do farming rather than doing staking. My main consideration is how many APY rate that already offered. I think that i can earn more and fast through farming rather than staking. The risk was also the same with staking but you will earn more reward as long as you can pick the best platform and token to be farmed.
What will you choose? Yield farming or staking? If anyone want to share his experience?
I lost so much money participating in DeFi due to IL and hacks that it's not even funny. I suggest if you are farming to only farm stablecoins. Staking projects like ICP give better rewards generally than farming anyway.
So far I've just tried staking and yes, it's good for the results in the future, and what I know for Yield farming we have to have 2 coins to do this.
That depends on how much APY or staking interest but in this case i will prefer to take staking stable tokens instead of using yield farming for the shit tokens. The passive income that i will receive it gonna be stable and this will not be affected by the volatility that happened with bitcoin and whole of crypto. Im staking stable token right now and the more capital and the more reward. I receive almost 10k USD interest in a year. I never interested in yield farming with non sense APY
I completely agree. Currently, as far as I can see, there are many projects with farming strategies that use Yield Farming that bring APR and APY. Most of them are very complicated and require users to know very well what they are doing. If we don't really understand how the protocols are working, the possibility of losing money is very high. Just like you, I also like staking stable coins for security and still get a profit that I am very happy with. 
What will you choose? Yield farming or staking? If anyone want to share his experience?
So far what I've tried is staking on several different coins and the results are definitely decent so at this stage I think it's still more suitable to choose Staking, but if some people still like farming, it won't be wrong to try it here either. 
I have followed yield farming on Pancakeswap several times and I think yield farming depends on the projects we support, if we are lucky we can get big profits but from what I follow most projects are slow and make me impatient, and I prefer auto staking because it is more practical and no need to check every time when in yield farming.
I chose both because Yield Farming and Staking can give you more amounts in the future to get more profit. But it will depend on the coins or tokens you have. If the coin or token has hopes of rising high in the future, then it's worth doing, and while you wait for the price to go up, you can get a decent return from both programs. But perhaps, I prefer the Staking program over Yield Farming
What will you choose? Yield farming or staking? If anyone want to share his experience?
Yield farming is best option if projects is good and there is high chances of higher transaction volume daily. Most of project now launching which gives maximum ApY BUT all will not success so it's better to do yield farming in old best coins. legendary
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Staking was the best thing for sure compared with yield farming. Yield farming was also a good choice as long as you are doing it in the right place like pancake swap or something else. In my opinion if you are doing yield farming in the shit token and this will be only wasting your money as the price will be also going down again. Remember that if staking is far better in term of trust and it will give you more benefit once the staked coin will do another event.
That's why so many people are prefer to stake their tokens instead of doing yield farming with a very big APY.
That's why so many people are prefer to stake their tokens instead of doing yield farming with a very big APY.
What will you choose? Yield farming or staking? If anyone want to share his experience?
Yield farming offers higher APY but your asset is prone for impermanent loss so if you are holding huge amount of money and decided to place it on yield farming while the price is very volatile either way, you will lose the original value of your tokens while getting stable APY. On the other hand staking offers small APY but your asset value is as is without any impermanent loss so you will get extra fiat profit plus staking reward if the tokens value increase.
I prefer staking over yield farming because you can get benefit when the token price increase since volatility in crypto is high while still earning passively.
If you're just starting, I think you could choose both of them. Now is probably one of the best time to accumulate tokens and wait for the next wave because prices of most tokens are way below their ATH. If you're going to do that approach, you might as well stake or add to the liquidity pools in more popular platforms. Keep in mind that you're not completely in control of your funds once you join a staking and/or a yield farming platform.
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Unlike in farming, you'll be required to have two cryptos.
There are liquidity pools that stable coin pairs though. I remember some platforms even have stable coin to stable coin pair (i.e. BUSD - USDT). Unlike in farming, you'll be required to have two cryptos.
What will you choose? Yield farming or staking? If anyone want to share his experience?
I'm into both. But what I like more is staking.
It's because of the requirement that it has, you only need the actual token and you're good to stake. Unlike in farming, you'll be required to have two cryptos.
And that's why I'm in favor more of staking despite the little gains, actual little gains but I'm treating my investments for both of it like sleeping money.
Crypto staking is quite profitable if you stake on a reputable pools, staking is an easy way to earn interest on your cryptocurrency holdings, I've been staking Cosmos and juno close to a year now and the amount of airdrop I've received are amazing, I know of a friend who staked $Axs when it was still cheap, he's in huge money right now because axs pumped immensely, in my opinion and experience I believe staking is best
What will you choose? Yield farming or staking? If anyone want to share his experience?
Unless we are in a bearish market, i am one of those that have zero believes in yield farming or staking crypto currency (i have seen the light). I will only advise to join a yield farm or staking pool if the project token is presently dipped and undervalued, that way you can buy and leave on yield farms until the prices improves and greens. Staking or yield farming causes inflation and in the long run does not reflect real value for the token. remember to dyor
That depends on how much APY or staking interest but in this case i will prefer to take staking stable tokens instead of using yield farming for the shit tokens. The passive income that i will receive it gonna be stable and this will not be affected by the volatility that happened with bitcoin and whole of crypto. Im staking stable token right now and the more capital and the more reward. I receive almost 10k USD interest in a year. I never interested in yield farming with non sense APY
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