Post
Topic
Board Altcoin Discussion
Re: Staking advice needed
by
Hypnosis00
on 21/03/2023, 21:59:10 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.
Whether you are holding or staking, both are risks but we should know that staking is too risky when compared as we are handling our coins to the exchanges which have now the control of it. In this case, whatever they do with your coins, they can make it without your consent. However, if you are choosing a reputable exchange might lessen the risk.