Post
Topic
Board Altcoin Discussion
Re: Staking advice needed
by
Almasani
on 28/03/2023, 22:37:19 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.
If you want to hold for the long term, it would be better for you to keep it in your personal wallet. If you save by staking, of course it is more profitable, but you must always monitor its progress. Staking platforms also have risks, so you have to be able to keep an eye on those risks.