HODL vs Staking, What is the best strategy?

[dothebeats]

You're way better hodling or staking for yourself.

For the latter, you should pick coins that are actually valuable; one that can actually appreciate in value over time and not just one time, big time released coins that would be left to the dust by the developers after it goes live on exchanges.

For bitcoin, you need not the help of "staking platforms" in order to keep your coins and let it work for you. It appreciates in value over time (for most of the time), and assuming you are here for the long term, you will be getting a lot of $ in the future if you just let your coins sit on your wallet. By doing so, you do not run the risk of having your coins be taken away from you due to unforeseen hacks that exchanges face every now and then.

[fiulpro]

Staking is not for everyone. If I remember correctly I do think that you do need a minimum balance to do that. Therefore people without that minimum about of bitcoins cannot participate in that section entirely.

Now when we are talking about Holding, ofc even if you have 1$ or 1000$ you can hold without any regulations wherever you want. I do find that even though staking does give you a considerable amount of money but it's not even comparable to what you would earn though holding bitcoins.

Due to the fluidity and fluctuations in the market recently, I would definitely go for holding for short term and then again buying, which inturn would convert into holding for the long term. The profits I would earn I would continue to put in btc and hold for 2-3 years only to buy again! Well then again it's a personal choice.

[Bitstar_coin]

Staking is best imo, with Staking you stand a chance to earn more reward from the staked token, whereas, when holding you don't get extra reward for HODling your wallet balance will remain same from the beginning to end of HODling,
Staking is another way of earning passive income if you have a good amount to stake and depending on the Staking benefit of the project.

[carlfebz2]

Do you guys ever hear about holding bitcoin in staking platform?

If yes, can you give any advice to stake bitcoin on staking platform?

I've been asking for many times about it, but I need proof experience of you. Please share below!

Pretty much aware about stake and this had been some interesting stuff but mostly for noobs who do mind off about some easy money or passive income but if we do know on how to make out some
calculations then its no question that you would find these things to be not appealing at all.

Yeah you can stake out some bitcoins into other platforms but the question is, would you be willing to store up those coins of a long time lock-in period?
Always take consideration that you would leave those coins in the hands of the platform which means you dont have the keys in case they become
scam then say goodbye to your coins.

Also, if we do talk about price increase in percentage per year then simply holding your coins would already give out that probability.

[blockman]

They are attracting you to deposit bitcoin to exchanges and have it on their platform being staked but it's not really staking. You lend it to them.
But what if they get hacked and they announce and most deposits can no longer be refunded because all of them are affected?
Just HODL it without any problem if it's for bitcoin and for some reputable wallets, allows you to stake altcoins.

[Ryker1]

Well, if this staking or even holding were involved the third party to hold your fund, that is not a good idea. You can not trust anyone to hold your fund except you, you can hold and stake at your own. Holding at yourself and staking it at the same time, you will make a profit on it. Holding your volatile asset is the safest way to gain profit, but the problem is, there is no time frame when you have your own profit.
There are too many staking projects as of now but I won't trust new projects to diversify my bitcoin.

[Fatunad]

Better hold on yourself and make gains in the convenience of your own wallet and having the confidence that you wont be losing your coins as long you do keep your PK safe.
When staking then you do need to deposit those coins into third party which i dont see for it to be worth for the risk on just gaining a little amount on a specific time.
Just like what others mention then i would rather held it to myself than to risk it because you are aiming for some penny gains in a years time.
It isnt worth and better hold it off into your own wallet and earn for yourself where you can pull those profits anytime.

[Ridwan Fauzi]

I never heard that there is a platform that offer staking bitcoin. Just some altcoin that can offer staking feature and most of them using ETH blockchain. Bitcoin can only be used as an investment place it means a holding place or trading place. You can use hardware wallet as your holding strategy and you can choose an exchange as a place for trading.

And if I compare the return for staking feature and holding bitcoin then I'll be prefer to choose holding bitcoin. Yeah, that is a promissing strategy than other strategy, especially when you hold it for long term investment and you bought it at the very low price then yeah the profit that you will be high as well.

[Bilgent]

HODLing is always a "go-for-it" thing for me. I don't think that staking would be more profitable than HODLing in the long run. Because the projects for staking are not always good. You accumulate tokens of a project but if it turns out to be a worthless one, then all of the staking thing will be in vain.

[CaVO32]

They are attracting you to deposit bitcoin to exchanges and have it on their platform being staked but it's not really staking. You lend it to them.
But what if they get hacked and they announce and most deposits can no longer be refunded because all of them are affected?
Just HODL it without any problem if it's for bitcoin and for some reputable wallets, allows you to stake altcoins.

Yes, not staking but just like in Binance, you can transfer your btc to flexible savings, so it is earning interest on their platform. However, if you will send your funds to gain interest, make sure the platform is very trustworthy like binance. Because even if they will be hacked, they have SAFU. So you have insurance with your funds. Other exchanges offering this kind of service, you need to be careful as you have no assurance that your funds will be returned safely once you decided to get out your funds or someone hacked their platform.

[xiboothrezi]

staking can be an alternative to getting passive income from crypto. By staking it means that we are also holding on to third party platforms or wallets and cannot use them for a certain period. if you choose this method we must really choose a trusted platform because we indirectly entrust assets there.
while holding is safer because we store it in our wallets, without a third party, but we don't get "interest".
both have advantages and disadvantages, if the platform is trustworthy then it can be a good choice.

[CryptocurencyKing]

Hodling and Staking are both effective strategies to earn cryptos. Both works very well but, the degree of freedom and level of increase on the amount of bitcoin being used for either purpose aren't the same.

Hodling and Staking are very similar in the sense that, both involves you stalking coin for sometime. While, price is left to act on its valu. In,

Hodling: you stalk your coins without any restrictions, no lomitation as to how long and it could be done either in a custodial wallet or non custodial wallet depending on where your coin is stalked.

In Staking, its usually done using a custodial wallet and there are degrees of freedom to it. Your coin  would be locked for a defined period of time and won't be released until the time agreed upon meanwhile, your given some percentage as incentive on your staked coin. Mean while, price is still left to play its part on the coin value.

The dangers to it:

Staking limits your rights to withdrawal of your staked
Staking exposes you to same threat as the custodial wallet itself

Hodling, your at liberty to do as you please with your token
The only threat here is your personal activities and exposure of privacy details.

Edge to one over the other

Staking combines both price and interest on staked coins to add to its value while,
Hodling depends only on market price for its value
Hodling gives you complete control over stalked coin while,
Staking gives you limited access based on agreed or locked period.

[Ziskinberg]

Well, if this staking or even holding were involved the third party to hold your fund, that is not a good idea. You can not trust anyone to hold your fund except you, you can hold and stake at your own. Holding at yourself and staking it at the same time, you will make a profit on it. Holding your volatile asset is the safest way to gain profit, but the problem is, there is no time frame when you have your own profit.
There are too many staking projects as of now but I won't trust new projects to diversify my bitcoin.

Neither you need to trust them. Because for me, I don't after such pity amount to gain from staking compared to the risk and the possible amount that you able to lose if there is something bad will happen. If we wanted to grow our money with less risk, much better to invest it in conventional business or in real estate in which we are in the fullest control of our money.

[helevela]

Staking and hodl are very different things. While hodl, you invest money in something that has value, keep it for a while to be valued, you believe it will be valued. Staking is yet to be struggling for something worthless. and it's totally like a surprise egg.

[Kong Hey Pakboy]

Staking and hodl are very different things. While hodl, you invest money in something that has value, keep it for a while to be valued, you believe it will be valued. Staking is yet to be struggling for something worthless. and it's totally like a surprise egg.

Staking is a good way to make some money while hodling something although that really depends if the project is a worthwhile endeavor to stake in so you are right by comparing staking to a surprise, you never know what you may get but you know that when it is a positive one, it is going to be a big one.

[pooya87]

However, if you will send your funds to gain interest, make sure the platform is very trustworthy like binance.

All the exchanges that got hacked and died or scammed their users and ran away were very trustworthy at the time and people were using them a lot. If you could find the historical ranking of exchanges the top 5 with massive volumes change every couple of years.

[ampu]

Staking is profitable but there is a risk that you will lose money when the protocol in which you are staking the property is attacked. Staking Bitcoin in DEFI or CEFI is risky so it's best to hold your Bitcoin yourself. The profit from staking just a few percent is not worth risking your entire money.

[Sanugarid]

Do you guys ever hear about holding bitcoin in staking platform?

If yes, can you give any advice to stake bitcoin on staking platform?

I've been asking for many times about it, but I need proof experience of you. Please share below!

Staking is like holding but earning a profit or a token that will have a market value in the future. It may be annually or monthly depends on the terms of the project you were staking at but make sure that the project is promising and legit at the same time. Staking is good like you'll earn a reward in a form of a token or something while doing nothing at all.

[isaac_clarke22]

Never heard of one. You could just be better of mining if you're looking for the same thing, but investing in your own rig could prove quite costly.

Hodl strategy is your safe strategy without risking of losing your capital.

There is still day trading if you're curious as well, but  I wouldn't suggest taking that strategy as a newbie though.

[Beparanf]

Never heard of one. You could just be better of mining if you're looking for the same thing, but investing in your own rig could prove quite costly.

Hodl strategy is your safe strategy without risking of losing your capital.

In layman term, Staking is locking your coin into a smart contract and received a reward for holding. Simply holding with reward. In staking, You can't move your token immediately for a period of time which is the common cons of staking to limit the user on dumping. Staking is much better than plain hodling alone since you don't have any interest earned compared to staking while you are doing same way.