Post
Topic
Board Altcoin Discussion
Re: Is it wise to stake your crypto currency
by
globalpain
on 27/05/2023, 08:18:13 UTC
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
Staking is also necessary because you can get additional coins or USD,
but if you want to stake we its need to analyze the market first,
because if the altcoin you are staking experiences a deep dump then obviously you will lose and it is useless,
but if the altcoin you are staking pumps it is clear can get double profit, from profit pump and from profit staking.