Hello everyone,
I bought some Ethereum on Coinbase. Should I stack Ethereum? Is it worth it when you don't have much?
I want to do it, but I'm hesitant...
What do you mean by stack? You mean staking? Stacking and staking are different in meaning. What i understand in stacking is accumulating ethereum in a slow manner you buy little amount according to your plan while staking is to stake your ethereum on one platform to earn more ethereum. If you mean stacking better to hold your ethereum in a wallet that you own your private key and if you mean staking i think this is not worth it if you only have little amount of eth.
Base on how he used the word stacking. He really means to accumulate more ETH to stake it on exchange. He wants to ask if its worth to stake if you have a small amount only or its just a waste of time. I don't know what's the particular terms of coinbase in there staking feature but staking a small amount of token to a small APY plan is just a waste of time and effort. I believe its better to hold it on a decentralized wallet rather than risk it on small APY while holding it on a centralized wallet like coinbase.