Post
Topic
Board Altcoin Discussion
Re: Is it Better to Hodl or Stake your Tokens?
by
LeftLane10Under
on 08/01/2022, 15:47:35 UTC
If you are going to hold it for a long time I think you should consider staking it rather than holding it for logical reason that by staking it you would be able to earn more of that token rather than just sitting pretty on your wallet right? If I would hold coins I would just rather stake it than just holding it.

This is exactly what I was thinking. If you're an investor, staking is good. If you're a trader then staking not so good depending on the lock period.

I'm a long term investor, so I don't really follow theogic when people say staking is bad in a bearish market. Nobody is all that great at timing the market and if you follow Buffet and seek to invest in coins with promise and potential over shallow pump and dump/sh!tcoins, then time in the market is better than timing the market. Sure you can take profits and exit but you might also miss the bottom and a fast rebound pump.

I think of staking like dividends. In a bear market they're reducing my cost basis. In an bull market they're inceasing my holdings. End of.