Re: Is it Better to Hodl or Stake your Tokens?

Quote from: Westant on February 07, 2022, 11:59:58 PM

Quote from: letyouearn on February 05, 2022, 09:08:39 AM

I seldom use staking, don't know why - maybe I think more about the price growth and don't trust DeFi platforms...
I use BNB vault on Binance to stake my BNB and CRO staking on Crypto com platform. Sometimes I stake my stable coins on a bear market - if I have some, heh

If the project are from bigger companies then maybe staking giving benefit but mostly I also do not stake because I think that the staking reward will be low and the locking time period for staking also is a problem.

But with staking there are risks too. if we believe in the analysis of the coins that we stake on a particular platform, I don't think there will be a problem, because we have to freeze our coins for a certain period and get coin rewards, so we can't sell our coins at high prices, but must complete the contract first. then consider it carefully