Is it Better to Hodl or Stake your Tokens?

[michellee]

personally i believe staking is a productive way to hodl, it create an energy of becoming a diamond hand no matter the trend of the market, though it's advice to always stake tokens with good use cases, meme tokens are always a no, no for me

It could be productive if you stake the coin in a large amount because you will get a decent amount as a return from the staking process. If you only stake for a small amount, that will not give you a decent amount instead, you need to wait for some time. While you are waiting for the reward, the price can increase and if your staking is in the locking process because of the staking process, you will not be able to sell the coins and make a profit before the time to staking is over. Staking and Holding will have advantages and disadvantages so you need to choose what you want.

[Abiky]

Of course staking is better and more profitable than just holding on, I'm currently staking CAKE, BANANA and MATIC, with the current market price I can earn around $22 per day from staking, of course if the price skyrockets then we can get double profits.

That will depend on market prices. If everything goes down the drain, staking wouldn't be an option to "double your profits". You'd be better off "hodling" your coins until everything goes back up again. There are many coins with high stake rates, but you will earn a lot less than previously imagined because of wild fluctuations in price. The risk of loss is higher by staking coins than just "hodling" them. Ultimately, you decide what to do with your coins. As long as you're able to make profits, nothing else matters. Just my opinion

[LUCKMCFLY]

personally i believe staking is a productive way to hodl, it create an energy of becoming a diamond hand no matter the trend of the market, though it's advice to always stake tokens with good use cases, meme tokens are always a no, no for me

I also agree with you with the statement about meme coins, for me it does not represent anything else but a big pump and dump, plus nothing, however if we put some coins in staking it is not bad, only that it will be true risk if the platform decides to close and in the worst case take the money that is staking, of course it is a risk, in Binance there are very good staking options with good profitability percentages, I say Binance because it is one of the most popular exchanges Follow them out there, and hodl works great for BTC as it never disappoints.

[LeftLane10Under]

If you are going to hold it for a long time I think you should consider staking it rather than holding it for logical reason that by staking it you would be able to earn more of that token rather than just sitting pretty on your wallet right? If I would hold coins I would just rather stake it than just holding it.

This is exactly what I was thinking. If you're an investor, staking is good. If you're a trader then staking not so good depending on the lock period.

I'm a long term investor, so I don't really follow theogic when people say staking is bad in a bearish market. Nobody is all that great at timing the market and if you follow Buffet and seek to invest in coins with promise and potential over shallow pump and dump/sh!tcoins, then time in the market is better than timing the market. Sure you can take profits and exit but you might also miss the bottom and a fast rebound pump.

I think of staking like dividends. In a bear market they're reducing my cost basis. In an bull market they're inceasing my holdings. End of.

[adzino]

By staking do you mean sending your coins to some centralized exchange where they will be giving you some profits in return? Then no, I wouldn't suggest that. Holding large amount of coins in an exchange is never safe. You don't control the coins. And when you stake in those exchanges, your coins get locked for a fixed period of time. If you stop staking before your lock period ends, you lose everything you have earned. So there might be days where you may want to sell your coins during a bull run but you will have to abandon all your rewards. Not worth it. But if you are holding coins that can be staked, then stake it on your own wallet instead of just holding it. Most of the coins allows you to stake without locking your coins. Delegate to a pool and start receiving passive rewards while holding.

[yohananaomi]

I never had tried any staking all of my life in the crypto space. I don't want my tokens to be locked, it is the same as the bank, I never put money on the back for too long. I used it all the time for business. Instead of letting the grow the money, I take risk and do it all my self. Same as in staking, I think if you have the skills and knowledge to do so it is better that you make it grow rather than just wait for portion of your money's income. I want the full one, say that I am greedy, but hey I am a risk taker, and I don't regret a single thing on my decisions regarding investments.

if you really have the skills to be able to run it by developing it in your own way, what you are doing is clearly very appropriate, because staking is the same as making a deposit in a bank and where there is a predetermined time and condition and can't do anything as long as the time has not been resolved.

what you did I totally agree because it will also hone us to be able to do skills that can continue to be developed even though it may seem a bit brave but if we don't start from the beginning then we will not continue to be able to move forward and rely on other people not what we can do ourselves .

I don't really agree. It is super easy to stake (and unstake; most of the times this is instant) and you gain a nice extra on your crypto. There is not a lot of risk involved if you only stake on reputed exchanges/wallets. Staking is for me away to get more crypto for free. If you really see a price increase than you can quickly unstake your coins and sell them.

everyone can have different opinions about what to do because having a clear view will be different, as well as you that say it is better to stake but this can be useful if we can't and don't dare to develop, but for those who are able to clearly staking is looking for safety by doing nothing and just accepting the results, but if you need funds suddenly then you will experience difficulties too.

so everyone can give different perceptions and that's legal in everyone's view, it's just that everyone who wants to follow lives by looking for their own choices and all who determine themselves and not because of other people's perceptions or invitations.

[wmaurik]

I made some coins for long-term goals so I used them for staking even I was staking for up to 2 years, I'm optimistic the market will continue to improve so that by staking we have the opportunity to get big profits.

As long as it can be good for you then it's not wrong to continue to run for 2 years because opportunities like that have never been found at other times, so it's not wrong if you keep wanting to try something that can ultimately provide benefits such as Staking.

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[Balmain]

it totally depends on the user, each user follows a different path. There is no such thing as the best way, there is a bit of luck factor. If you have really good analytical skills, can own your emotions while trading and are successful at it, you can trade. Now, as for Hodl and staking, it's actually a completely stress-free event, the important thing is at what price did you buy the token you bought and what is your sales target. If the project is really good in crypto-currencies, a definite profit can be obtained in the long run, I can say that it is a good advantage if we increase the number of this extra token by staking.

[Gajayana]

I personally depend on the token or coin that we choose. This is the importance of why we have to do DYOR, this process determines a strategy in seeking profit on a token or coin through staking or hodl. Based on my experience, Hodl is the most profitable step for me because this strategy fits perfectly with my financial management system. So, everyone will have their own strategy and it will be different for each individual. Have a nice day. 

[Sirait]

everything goes back to your original plan, if you do have a plan for long-term hold and don't hesitate with third parties then staking is the best choice but if you are unsure about third parties then 'holding' your crypto assets in your personal wallet is a wise choice.

[Natalim]

I personally depend on the token or coin that we choose. This is the importance of why we have to do DYOR, this process determines a strategy in seeking profit on a token or coin through staking or hodl. Based on my experience, Hodl is the most profitable step for me because this strategy fits perfectly with my financial management system.

Apparently, staking is another way to grow our investment, somewhat risky as we let someone who manages them like an exchange. It wasn't that difficult to manage even having a stable job along the way and in fact, many people doing this. Well, to earn a profit from staking isn't big that will only add very small to our capital, but at least.

So, everyone will have their own strategy and it will be different for each individual. Have a nice day. 

That is exactly you'll need to choose where to live comfortably and since holding suits for you, then that should be a must to choose.

[lalabotax]

If you want to hold the tokens for a long time, you are better to stake them. Stake the tokens will earn some tokens, which will increase the value of your asset. I have done the same way in my assets, staking some tokens in Binance and Tokocrypto. So far, I think it is very worth it, why don't try to earn more tokens? But if you have a target to sell in a short time, I don't think it is necessary to stake your tokens.

[sirminesalot]

I prefer to always stake my tokens or coins as long as it'll able to withdraw not more than 30 days. Because in a month, crypto trends could changes and it's quite dangerous if we are not making any movement in a moneth with our coins freezing on the staking platform.
But it only applied on trends token or new project tokens, for tokens like ETH and BNB, i'm okay stake it for more than a year because we know the progress of these tokens are good and we are not missing a chance to make more money from it

[Mpamaegbu]

I used to be highly skeptical about staking in the past because of negative reviews I read about it until I discovered that it's not as bad as people painted it. This day, I don't leave any of my tokens idle in the wallet if it's "stakable" so to write. Staking is passive income if one wants to sell immediately, or increase in quantity of tokens if one wants to pile them up. It's a better way to trade for those who can't trade. Yes, I know a downside exists if one stakes on a scam site. This is why I like to stake mostly on token sites. Stake the tokens on the company's site. It's the safest for me. For instance, I stake my kclp to earn more of it or other tokens on the kclpad.com website. Stake metavpad on its own website to earn more of it. Chances are slim to get scammed doing it that way. There are other reputable non token sites one can also stake on. All one needs is research and interviews from those who use or have used those platforms to be sure.

[QueenVera]

I used to be highly skeptical about staking in the past because of negative reviews I read about it until I discovered that it's not as bad as people painted it.

You are not alone on this as many have been skeptical about things in past in this cryptocurency space until they realize there was nothing to be scared of. There is a saying that money kept in the bank is at rest while that which is put into assets through investing is working. I consider same thought for holding and staking. With holdings you only get capital gain but with staking, you get both capital and passive gain.

For those who do not understand, capital gains only comes when you sell but passive income is a stress free income whicythe most common are dividends and staking can be considered as one. You don't have to sell your initial investment to profit, you can sell the coins gotten from staking while you still have your initial investment.

[rmhuntley]

I prefer to always stake my tokens or coins as long as it'll able to withdraw not more than 30 days. Because in a month, crypto trends could changes and it's quite dangerous if we are not making any movement in a moneth with our coins freezing on the staking platform.
But it only applied on trends token or new project tokens, for tokens like ETH and BNB, i'm okay stake it for more than a year because we know the progress of these tokens are good and we are not missing a chance to make more money from it

One month maybe little reward giving with staking system and better take staking one year for earning full percent commission, I am interested try staking with AXS coin giving 100% APY on Binance but still looking for profit on trading before saving with staking, just now have waiting long time from my expectation because price my coin assets dump drastically, I hope can up soon possible because I am really interested with AXS coin for staking and keep get chance one day with AXS have lower price under $50.

[FanEagle]

Hodling your tokens is definitely less risky than staking your tokens, but in all fairness staking doesn’t really seem like all that risky of an endeavor. Especially, when you consider the fact that a big part of staking just involves hodling your tokens. In fact, many of the risks associated with hodling your tokens are the exact same risks you will be exposed to whilst staking them, and that is the risk of downward price fluctuation.

I am not hearing anyone becoming rich just because of staking their coins/tokens. But, continuously people are making discussion here on various staking coins and token but eventually no coin/token is getting significant success because of staking feature in this altcoin industry. Staking me get you a significant amount of return but the value of your total holding will definitely decrease over the time which is the catch you need to understand with all staking based coins and tokens.

Holding on the other hand might be profitable if you choose top altcoins and/or bitcoins. There will be no big differences if you choose a random shitcoins for holding because it will be getting you similar results of staking.

[Fivestar4everMVP]

This is a pretty big question that people in this space have to consider. I personally like to do a bit of both in the sense that I stake the relatively stable tokens, and tend to just hodl the more volatile ones.

Hodling your tokens is definitely less risky than staking your tokens, but in all fairness staking doesn’t really seem like all that risky of an endeavor. Especially, when you consider the fact that a big part of staking just involves hodling your tokens. In fact, many of the risks associated with hodling your tokens are the exact same risks you will be exposed to whilst staking them, and that is the risk of downward price fluctuation.

The biggest additional risk stakers take on relative to hodlers is having their tokens locked into a liquidity pool for a certain period of time.. Usually no longer than a month, but for this extra risk stakers are given pretty decent rewards. Besides if you use a liquid staking DApp like pStake you could essentially avoid the risk of having your tokens locked up by simply minting a synthetic version of your staked tokens.

The synthetic tokens you mint can be used on DeFi applications just as you would use any other tokens.

Well, for me, i prefer to stake tokens I've chosen to hold for a certain period of time, but for those am waiting to sell at any given opportunity, I hold them in my wallet waiting the the selling opportunity to come.
For me, normal token staking is a totally risk free form of earning most especially, when it's completely decentralized, the one that carries risk is liquidity provision, this is where you are faced with risk of impermanent loss and other forms of losses due to high volitility of the tokens or coins involved.

[wmaurik]

I am the same as you until now there are several coins that I still maintain until now hoping the price will rise again from the previous price even though the price sometimes drops drastically but I have not switched to a stable coin.

It would also be great if you were able to hold on to the good coins as well as on the coins that have potential because they will all bounce back in a bullrun condition, so just hope the market recovers faster from now on