Post
Topic
Board Altcoin Discussion
Re: Should I stake my TRXs now?
by
Zeehaxan
on 17/07/2020, 17:47:24 UTC
My TRXs are just sitting in my wallet since late 2017. Until now, I never sold them because I still believe in their project and could turn the price around later on.

I was thinking of staking my TRXs in my Trust Wallet. I understand there are risks in staking, but since my TRXs are just sitting for a long while, do you think this is a good idea especially in this COVID-19 pandemic?

I would definitely looking forward to your suggestions about this to enlighten me, like you may have a better idea, etc. (except TRON daily rewards or smart contract ponzis out there). 

Thanks in advance!
If you are still thinking to hold your trx for longterm then staking is a good option for you as after months of holdinh you will end up with more trx than you had initially but personally i am not a fan of staking as returns are very very small that it does not make sense for me to fix my coins for months or years in a fast moving crypto market.