I held some NEO and ONT a few months ago. My reasoning was:
- It's more passive than most staking because it doesn't require your wallet to be online
- They're bigger and arguably more stable than less known altcoins (NEO ranks 20 and ONT 21 as of today)
- There are nifty calculators online for calculating how much your return will be
- The wallet interfaces and claim process are easy
I switched to technical analysis, Bitcoin trading and holding AGI because:
- There should technically be a stable income stream from staking, but due to the small cap and insecure future of many altcoins, the security just isn't there
- You could technically get the same effect as staking, but with less volatility and risk, by holding Bitcoin in a wallet which gives you return on investment, renting out hard drive space with something like sia coin or participating in cryptocurrency lending
- Technical analysis started to make sense when I found Krowns Crypto Cave on YouTube (I get nothing from promoting this guy, but his videos helped me)
- I got into crypto because I'm an Artificial Intelligence programmer who followed Ben Goertzel – a leading scientist in the AI field – for many years now. The risk of buying AGI is relatively low compared to the return if they realise even part of his vision towards Artificial General Intelligence (again, I get nothing from promoting this project; they don't even pay exchanges to list their coin. If you look up AGI pannels you'll recognise Ben Goertzel as the hippie however many years back you look)
This isn't to say you shouldn't stake, as it's a legitimate way of earn passive income. Just be aware that a coin like APR might not be around in a year or two, while Bitcoin is likely to 10x at some point in the future.