Post
Topic
Board Altcoin Discussion
Re: Yield farming or staking?
by
iv4n
on 18/04/2022, 18:36:47 UTC
What will you choose? Yield farming or staking? If anyone want to share his experience?

As others say, it's hard to say more without additional information! First of all, you need to choose a good project that can do something in the future, so that farming/staking is not in vain! It's common to think that lower APY is less risky, while higher APY is a high-risk investment, but it can be more profitable! So with what you will go is up to you!

When it comes to my experience I am staking some coins in some wallets that have that feature! I am fun of some casinos with a staking option so I do that also! Recently I am staking BSW at BiSwap and it's pretty fine for now, we will see how will that go in the future, with +50% APY I consider it a risky investment, but I didn't invest more than I can afford to lose!