michellee
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2021, 11:58:41 AM |
|
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!
Yes, I heard that, especially in the exchange because Binance uses it to attract their members to earn some satoshi. I suggest you not use too big satoshi to staking your bitcoin, especially if you can not wait for some time to get decent rewards. You can use the other things to earn more satoshis. You can try it by yourself to know more about bitcoin staking. You can also use Cro wallet to staking your bitcoin.
|
|
|
|
Assface16678
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1470
Merit: 135
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2021, 12:07:32 PM |
|
Staking's much better because if I am right, you're also hodling there but the only difference is that you're making some profit while still hodling so I think that it's much better than hodling although if you're on a safe play stance then you will probably want to go to the hodling route.
|
|
|
|
Ararbermas
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2021, 01:15:21 PM |
|
For what i know when it comes staking you can get massive profits as well but it depends what are the percentage where did you stake your money, correct me if i'm because i dont have any experience in such way to be honest wherein i just saw it in youtube when someone staking from another platform. But if it's true and i will choose which is the best way, perhaps the most profitable is holding because you can obtain a masive return especially the coin you pick to hold is keep surging and breaking all time high values . And by the way i remember that the percentage of profits from staking is just estimated and they said that there's a changes depends the situation..
|
|
|
|
LogitechMouse
Legendary
Online
Activity: 2548
Merit: 1041
Play Poker on Telegram
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2021, 01:19:40 PM |
|
Do you guys ever hear about holding bitcoin in staking platform?
If yes, can you give any advice to stake bitcoin on staking platform?
There is no direct staking when it regards to Bitcoin but there are some apps that are giving you yearly dividends just by putting your Bitcoins into their app. Apps such as Crypto.com, Nexo, BlockFi are some of them. They are quite legit TBH but there is this risk still because anytime they can just run away with your money. I'm not saying that they are doing it but there is still a 0.0001% chance if they want to. I'm holding Bitcoin but I'm not staking it into these apps. Now when it comes to HODL vs. staking, why not do both ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . You can HODL some of the top coins out there like BNB, ETH, ADA and many more and while holding it, you can stake it in their respective platforms to gain some profits annually. I personally like Staking and I'm staking some coins but there are some of my coins that are just holding it and not staking.
|
|
|
|
dimonstration
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2021, 01:27:18 PM |
|
Staking's much better because if I am right, you're also hodling there but the only difference is that you're making some profit while still hodling so I think that it's much better than hodling although if you're on a safe play stance then you will probably want to go to the hodling route.
It will depend on the project or coin we are staking. It is good to have options though. Whether to stake or just to hold. I also do staking sometimes but if Im not sure yet I prefer to hold it or when I see some friends who already stake in it I tried to do it on a limited time only.
|
|
|
|
zanezane
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2021, 02:56:36 PM |
|
I still prefer Hodl strategy. But do not delay it, you need to sell bitcoin on time.
How can you exactly know when you're going to sell your bitcoin, it's not like there's a warning that it's the highest peak for a certain period of time so it's difficult to know when to sell, the best thing that we should do is to know when you're going to sell those bitcoin. I am not familiar with staking though so I am more on hodling.
|
|
|
|
imstillthebest
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2021, 03:03:48 PM |
|
you asked many times and yet didnt get a direct answer ? but i think i can also respond the same because i believe that staking may not work in btc . staking may not also work in majority of altcoins but staking coins can be available only to some specific altcoins and tokens . if you have a btc theres no need to deposit it somewhere because that is risky but holding it alone can already give you profits .
|
|
|
|
Slow death
Legendary
Offline
Activity: 3122
Merit: 1121
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2021, 07:57:02 PM |
|
just imagine that:
1 - doing hodl means you are in full control of your money and you can withdraw anytime you need
2 - Staking, you are not in total control of your money, imagine that you need money urgently and try to withdraw but the site does not accept withdraw or disappears?
the best strategy and safer is without a doubt do hodl
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
adzino
Copper Member
Hero Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2021, 08:34:53 PM |
|
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!
Not safe. Even if its a very well known platform, it is still not safe. You give away your bitcoins to those platform and in return they give you a very small interest/profit. Not worth the risk at all. Remember, not your keys, not your coins. If the platform ever gets hacked, you will lose all your coins. When the platform is out of service, you won't be able to access your coins. If you still want to stake, then look at ADA (Cardano). Its easy to stake cardano using Daedalus or Yoroi wallet (this one is light weight, browser extension).
|
|
|
|
Sanitough
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2021, 09:28:39 PM |
|
just imagine that:
1 - doing hodl means you are in full control of your money and you can withdraw anytime you need
2 - Staking, you are not in total control of your money, imagine that you need money urgently and try to withdraw but the site does not accept withdraw or disappears?
the best strategy and safer is without a doubt do hodl
Definitely, and you are in charge of your own coin because you are holding it and anytime when you see it pump, you can sell it. Staking is like putting your money in the bank and you don't control it anymore as you have to put it in their platform. Also, there's no assurance that the despite you earn more coins due to staking, its value will also rise in the long run, so better hold legit coins that you believe on its potential than staking it.
|
|
|
|
shield132
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2021, 09:55:22 PM |
|
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!
I think you are a little bit mistaken. When you hold coin, it means that you just hold it in your own wallet or on exchange and when you stack them, it means that you add your coins in the pool and just wait for the reward while holding at the same time. I.E. the difference is that in first case you just hold and on second one - you hold + get additional reward. For example, Binance has Launchpad platform where you can stake your coins like BUSD, BNB and get reward every hour + you are able to withdraw your coins anytime you wish. There are also locked stacking and DeFi stackings. You can find more information there - https://www.binance.com/en/pos
|
|
|
|
Ryker1
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2021, 09:59:39 PM |
|
just imagine that:
1 - doing hodl means you are in full control of your money and you can withdraw anytime you need
2 - Staking, you are not in total control of your money, imagine that you need money urgently and try to withdraw but the site does not accept withdraw or disappears?
the best strategy and safer is without a doubt do hodl
Definitely, and you are in charge of your own coin because you are holding it and anytime when you see it pump, you can sell it. Staking is like putting your money in the bank and you don't control it anymore as you have to put it in their platform. Also, there's no assurance that the despite you earn more coins due to staking, its value will also rise in the long run, so better hold legit coins that you believe on its potential than staking it. Well, in my opinion, --there are disadvantages and advantages to this. Of course, don't stake on the exchange that does not have the credibility to hold your coins which means you can be assured that your fund is safe. The number of your bitcoin will not grow if you are holding on to it while in staking, it will grow. But yes, it is good if you will hold your own coin and you have full control over it, and all you have to do is wait when the value will increase so that you can take your profit easily.
|
▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
|
|
|
electronicash
Legendary
Offline
Activity: 3178
Merit: 1054
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2021, 10:23:00 PM |
|
just imagine that:
1 - doing hodl means you are in full control of your money and you can withdraw anytime you need
2 - Staking, you are not in total control of your money, imagine that you need money urgently and try to withdraw but the site does not accept withdraw or disappears?
the best strategy and safer is without a doubt do hodl
Definitely, and you are in charge of your own coin because you are holding it and anytime when you see it pump, you can sell it. Staking is like putting your money in the bank and you don't control it anymore as you have to put it in their platform. Also, there's no assurance that the despite you earn more coins due to staking, its value will also rise in the long run, so better hold legit coins that you believe on its potential than staking it. Well, in my opinion, --there are disadvantages and advantages to this. Of course, don't stake on the exchange that does not have the credibility to hold your coins which means you can be assured that your fund is safe. The number of your bitcoin will not grow if you are holding on to it while in staking, it will grow. But yes, it is good if you will hold your own coin and you have full control over it, and all you have to do is wait when the value will increase so that you can take your profit easily. both have advantages. i have experience in both since 2017 i have been staking some tokens i have. one thing that i have regret in staking is that it could take days before you can unstake your holdings and then you can not sell when it's the best time to sell. if i have to compare my earnings from trading than staking, trading could have given me more money. it's way more advantageous looking that way and hone my trading skills.
|
|
|
|
lumierre
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2021, 04:00:28 AM |
|
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!
Of course I would rather choose staking as when you are just holding you earn only on changing of price, but when you are staking you are also getting interests. On the other hand, you can't’ trust all platforms. That is why you should deposit your Bitcoin only on platforms that have a big TVL and are familiar to everybody. If you don't like risks you should continue holding.
|
CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
|
|
|
Chato1977
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1148
Merit: 58
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2021, 05:16:03 AM |
|
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!
Of course I would rather choose staking as when you are just holding you earn only on changing of price, but when you are staking you are also getting interests. On the other hand, you can't’ trust all platforms. That is why you should deposit your Bitcoin only on platforms that have a big TVL and are familiar to everybody. If you don't like risks you should continue holding. Staking is a trend nowadays, I've followed some staking but unfortunately I lost and I'm also busy working so I prefer to hold, maybe not as big as staking but I think holding is safer than staking. what is the difference of staking and holding ? lol you need to hold when you stake your funds so if you handle holding then you can also handle staking. thjis only proves that you are just shitting here lol.
|
|
|
|
witcher_sense
Legendary
Offline
Activity: 2422
Merit: 4393
🔐BitcoinMessage.Tools🔑
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2021, 05:48:58 AM |
|
The way I understand it, both strategies are pretty similar except that staking offers you a profit in terms of the number of tokens while hodling usually means you are patiently waiting for the price of the token to naturally increase due to actions on the market. It is important to emphasize that hodling usually works only with cryptocurrencies that have proven many times their ability to resist any kinds of attacks, for example, cyber attack, 51% attack, FUD, an attack from hostile regulators. The only cryptocurrency I can think of, that, so far, has been resilient to everything I enumerated above is Bitcoin. Therefore, when people ask what the better strategy is, they usually mean they haven't yet decided whether they want to hodl a strong cryptocurrency such as bitcoin or take a risk to stake a cryptocurrency that haven't proved nothing. Anyway, the vast majority of altcoins (99.999%) are centralized, being run by a team of founders, which means you can't really hodl them because you can be easily deprived of your currency or, they can gradually debase it via uncontrolled inflation, which essentially makes hodling useless.
|
|
|
|
Wong Gendheng
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2021, 07:52:46 AM |
|
Crypto staking is the activity of earning passive income from crypto assets without being exposed to the direct risks, which usually arise when trading. However, crypto asset collectors rarely realize that crypto staking can be done on various platforms such as Staking Services, cold wallets, DeFi and so on. For those who have large capital of course this is very good because the factor that makes staking effective is the amount of crypto owned.
|
|
|
|
Pamadar
Legendary
Offline
Activity: 2982
Merit: 1028
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2021, 08:04:12 AM |
|
Crypto staking is the activity of earning passive income from crypto assets without being exposed to the direct risks, which usually arise when trading.
There's still risk when the value of your chosen coin decreased, it's passive in terms of the asset since it's gaining staking rewards. However, crypto asset collectors rarely realize that crypto staking can be done on various platforms such as Staking Services, cold wallets, DeFi and so on.
It's up to your good research where to place your investment. Always trust your own insticnt when you are dealing in this business. For those who have large capital of course this is very good because the factor that makes staking effective is the amount of crypto owned.
Good point! staking rewards demands high amount of investment when you are really aiming to earned decent amount of money.
|
|
|
|
Nunoluck
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2021, 08:44:26 AM |
|
I never know that there is staking in Bitcoin. Maybe what you mean is minning or investing. But I will try to explain my strategy. Usually I only holding bitcoin, based on my experience I holding bitcoin for 3-6 month before I sell it. I wait the bullish market trend then sell my BTC usually I can get more than 300%, so it's depend on the price fluctuation. If what you mean by staking is investing for long term then I will looking for investment where I can withdraw my btc after 3-6 month. So I buy btc at bearish market then invest it for 3-6 month, when it is close to bullish market then I will withdraw it. The problem is it is not easy to find trusted company, but if the company is legalized by governments then it is okay. Investing our btc means that we loss our control of our btc, so trusted company is the most important thing.
|
|
|
|
peter0425
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2758
Merit: 454
CryptopreneurBrainboss managerial service
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2021, 09:57:08 AM |
|
Of course staking is more profitable than holding. what I know is that there is no bitcoin staking, staking is usually done by coins to test the system's resilience, the effectiveness of the blockchain network, I follow some staking such as Cardano, ANKR, SERUM and Mina.
But the problem in staking is how to find a safe place to make it done , because there are offers in which in the end comes out becoming scams and all your hard earned finds will gone nothing. Crypto staking is the activity of earning passive income from crypto assets without being exposed to the direct risks, which usually arise when trading. However, crypto asset collectors rarely realize that crypto staking can be done on various platforms such as Staking Services, cold wallets, DeFi and so on. For those who have large capital of course this is very good because the factor that makes staking effective is the amount of crypto owned.
and just can be done in exchange we trust for long like Binance and other legit one.
|
|
|
|
|