Quote from: abel1337 on Today at 03:21:29 PM

Quote from: IvugeoEvolutionCoin on Today at 02:42:31 PM

Quote from: kevinzxz on May 20, 2023, 08:13:19 PM

Quote from: Crypt jnr on May 01, 2023, 04:14:05 PM

In most custodian wallets like trust wallet staking is available for most crypto currencies including trx.is it better to stake such a coin or hodl it

if you are investing for the long term, then staking is the right choice, because it can help you to increase the number of your coin that you invest, but if you are investing for the short term or trading, then my advice is that you better not do staking, because if the price of coin that you invest has increased very high, then you can't sell it right away to take profit, so it's better for you to just hold it in your wallet and not staking it.

If one wants to invest for a long term then staking will be very profitable. By staking the coins will increase and on the other hand if the price of the coins will increase then it will be profitable in all directions. But I think short term trading is very profitable due to some reasons. If you make some profit, it will become a very large amount at one time. And there is very little chance of loss.

I don't think so. Imagine people stake their coins during bull market up today, I'm pretty positive that most of them is on negative right now. Staking is not applicable to majority of the altcoins out there and you can possibly earn in it if you really trust the possible growth of the altcoin that you use in staking. If staking is a very profitable way with a little chance of losing, I'm sure that most of us will only do staking and stop trading, investing or other types of way to make a profit. Everything that has to do in making profit has a risk and for me I don't consider staking to have "a little chance of losing".

Got that point and very logical, if staking has a lesser risk investment for sure more investors will follow the system and might see lesser traders inside the market, but yeah it's about the timing and how good your research before jumping into any conclusion about staking coin/s more on personal take and how you trust the team behind every project.

Passive opportunity if you manage to enter and stake during the early stage and manage to sell it out when it's picking before the market fall against you.

A decision to make that you really need to understand the potential and the risk behind the business.