Post
Topic
Board Trading Discussion
Re: Don't trade if you're inexperience rather stake your coins.
by
nelson4lov
on 24/09/2020, 18:45:18 UTC
(..)
~Snipped

Staking rather than trading? Its an option but wont really be that much ideal if we compare the profits made by trading and the profits made by staking.

That's true. The concept of staking tokens to earn rewards was originally created to reward holders (or hodlers) of project in question. Here in crypto, we have both traders and investors and while everyone can't be a trader (A full-fledged at least), staking incentivizes them to hold their favorite tokens and get rewarded for it. So it's a win-win situation for long term investors.

Aside from the incentives earned for staking it also comes with its own risks which happens when the value of the tokens drops significantly.