Post
Topic
Board Altcoin Discussion
Re: Staking advice needed
by
KaliLinux
on 20/03/2023, 17:05:42 UTC
For a long term holder / investor, what are the risks available with staking coins and tokens that you plan to hold for a long period of time? I want to know if its safe to keep your coins in staking instead of just holding them in a wallet when your ultimate plan is to hold for long term.
I believe staking is good considering you are still holding your coins/tokens while you get some percentage interest from them than just holding them in your wallet without earning anything, however, there is the other part of staking that I wouldn't partake in which is the lock staking. I lost the chance to sell some tokens I had some time when the price picked because I couldn't access them at the time and when the period expired the price had dumped again Angry