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❓ASK Is it better to stake or hodl cryptocurrency coins?

AudraMiller

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When it comes to cryptocurrency there are various things that you can do with these coins, including trading them, holding them for long periods of time or even staking these coins as well. This leads me to the question of which is the better option when it comes to a long term investment into cryptocurrency? Is it better to Stake a cryptocurrency coin and in this way you are able to obtain a certain percentage as interest on that specific one and this will cause you to rise your cryptocurrency portfolio. Would you think that it is better to rather invest and just hold that cryptocurrency for a long period of time in a hardware or cold wallet? This is of course the less risky option, as it is always possible that the staking application may turn to a scam. Therefore, is the interest profit worth the risk for long term investments?
 
When it comes to cryptocurrency there are various things that you can do with these coins, including trading them, holding them for long periods of time or even staking these coins as well. This leads me to the question of which is the better option when it comes to a long term investment into cryptocurrency? Is it better to Stake a cryptocurrency coin and in this way you are able to obtain a certain percentage as interest on that specific one and this will cause you to rise your cryptocurrency portfolio. Would you think that it is better to rather invest and just hold that cryptocurrency for a long period of time in a hardware or cold wallet? This is of course the less risky option, as it is always possible that the staking application may turn to a scam. Therefore, is the interest profit worth the risk for long term investments?
It actually depends on the APR of the coin you are holding and the volume of the coin you have because staking doesn't come with huge Interest but if you hold good number you can Stake it instead of holding it.
 
Staking cryptocurrency has shown to be more profitable than any other way because you got to earn passive reward from staking your coin
 
I am surprised that people are beginning to stake their cryptocurrency. For me, I prefer to trade my coin to earn more profits to staking it to earn peanuts for a certain period of time.
 
Staking cryptocurrency has shown to be more profitable than any other way because you got to earn passive reward from staking your coin
Yeah but honestly if you are not having the coin in a significant amount you may not be making any significant passive income from it.
 
I think the crypto hodlers are the one making huge profit in cryptocurrency. You can immagine buying cryptocurrency for less than $1 years back and hold it until now. You would have been financially free due to the huge profit made.
 
I prefer to stake rather than holding , because there are more options of me receiving profit staking the coins I am keeping and also if the value of the coin increase it's another gain too
 
I also prefer to stake my coins. I can withdraw the funds plus the profits made from these funds, any time. HODL is actually meant for long-term users who don't mind waiting a certain period for their profits. I guess the choice is up to the user since both services are not bad at all!
 
I also prefer to stake my coins. I can withdraw the funds plus the profits made from these funds, any time. HODL is actually meant for long-term users who don't mind waiting a certain period for their profits. I guess the choice is up to the user since both services are not bad at all!
Most people could even hold the coin through staking too ,it even contains more benefits too , so you can hold at same time when staking
 
Staking in crytptocurrency is good forbl those that have full knowledge about and being an experience to avoid scam activities. I think as for the newbies, it is better to go for holding of coins for a long period of time so as to enjoy this crypto world.
 
Both types of investment are really good. As you said, holding is less risky than staking. But you should analyse the prices really well to avoid loss. That is what I choose myself because I have not yet started learning about staking.
 
I think staking is more profitable because your cryptocurrencies will be increasing even when the market is down. Holding is also very profitable.
 
You can stake as well if that gives you some added benefit but of the benefit is not significant and you believe that you can actually turn them into more with your hardworking then definitely the second choice is the best option.

You should always make a calculated decision. About investing money and that comes from.how you handle the products you have invested in to be honest in my opinion .
 

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