Quote from: AbuBhakar on July 12, 2022, 04:20:38 AM

Quote from: coinerer on July 12, 2022, 04:12:55 AM

if someone stake BFG token on betfury platform. then they will also get multiple coin as staking bonus. and also they will get profit if token price get pumped. so , i think investment on BFG token on this bear market is good decision

If this only your basis for investment then it’s really not a good idea because you should remember that even they distribute different tokens too as reward, All tokens is affected by bear market which means you are still getting less rewards because those reward balance is decreasing. There’s no safe crypto investment during bear season even if you are staking since the APY is too low to cover losses.

But it’s good to stake right now if your purposed to accumulate more and sell in the future.

I think the "diversification" is an important part for most people's portfolio. Plus, it drops the risk if one of them goes down. If you get just one coin, and that coin goes down for a reason, that's bad, but if you get paid in multiple coins, and one of them goes down, the others are still up. Imagine if this place had Luna, then it would drop a lot, but all others would stay, would you rather get it all on Luna? That would be bad. This is the logic behind these people.

I still say BTC is the best, just get it with that, but I also understand why it's multiple ones. I feel like it is going to be decent this way and it has worked so far, and should probably keep on working for a while longer, at least until bull run.