Post
Topic
Board Economics
Re: Which is better, staking or investing?
by
Pejoh Asu
on 08/04/2022, 15:11:37 UTC
The open blockchain platform Harmony has announced that it will start supporting staking from now, in an effort to create a blockchain-based infrastructure.
source: https://www.harmony.one/
Of course, as I know, there are many exchanges that support staking.
I want to fully understand what is staking and what are the best coins and platforms that we can do staking and give good profits?

My most important question: Which is better, staking or investing?
It depends on APY % I see lots of projects give high rewards so at fast we should see the development of the project and then we see the strong team and they're all good activities. My observation is investment is good for a short trade and staking is good for long term both is called investment.

Currently there are many new Defi projects that provide extraordinary APY, we can get APY up to thousands of percent per year, this is a good opportunity to double money in a short time, this is what makes many staking projects that give thousands of percent easy success in the market.