what is difference between HODL and staking?

[joeperry]

Hodl is when you hold your coin to your wallet and waiting for the price to go up before selling it. So it is like saving money in the wallet and waiting for its price to increase while in staking it is like saving your coin to bank where in return they give you interest for saving your money to the bank but in cryptocurrency staking the APY is much higher than what the common bank gives but you would consider the volatility of the price of the cryptocurrency you are going to stake and the changing of the APY too.

[JahriMeayer]

HOLD is, if you simply buy any coin and then keeping it for long term on any exchange or you can generate your own  address from trust wallet or metamask or others. And Staking is, you need to send your coin on a Platform and that work for providing liquidity there, so they'll give you some profit base on your assets amount. Let you know, staking is only good of you have extra assets, otherwise if a coin began to dumping, then you can't manage or trade. So you need to select options carefully  between hold & staking.

[zulfi125]

HODL is holding your cryptocurrency in your decentralized wallet or any cryptocurrency exchange wallet for the short term or long term, but staking is delegating your cryptocurrency to a validator for earning some crypto from your cryptocurrency difference validator providing difference APY and depends on your altcoins if staking in stable coin the APY will low and if in another altcoin then APY will high this can be a stake in decentralized wallets or some exchanges also offer staking facility so if you want to HODL your cryptocurrency for the long term than staking is the best option, you will HOLD your cryptocurrency and also will earn some passive income form your staking.

[StarKay]

my question is what is difference between HODL and staking

HODL ~ Hold On to Dear Life
You have your coins/token in your wallet or account and the coins/tokens is accessible to you for usage such as trade, transfer or payment but you choose to keep it for a period of time usually over a year because you believed it will gain against Fiat or any other reasons.
Staking ~ you send your coins/tokens to an external wallet that you can not access for a specified period of time inorder to earn passive income usually on a daily basis but it can also be at the end of the specified period.

[amishmanish]

Maybe I am just old school but to me staking is participating in the security of the network through Proof of Stake. By staking you earn the block reward for processing a transaction for layer 1 network for a PoS coin eg. after the merge of ETH. I don't consider layer 2 DeFi style putting of tokens into liquidity pools or just locking up and getting part of transaction fees as staking. It should actually called something else like interest bearing deposits as it is confusing. It was interesting to see how many answers in this thread refers to APR and APY.

Anyways, for me staking is utilizing your token balance in a wallet to "mine" block rewards through PoS. This implies that you hodl your coins because if you don't hodl coins, you cannot stake. Therefore staking implies hodling but you can hodl without staking the coins.

Definitely not old school. Great point. The nomenclature staking evolved within crypto from the PoS coin staking itself.

I am sure you individually know about it but just to add to the conversation, the second definition of staking evolved from the trend of yield farming on DeFi. There too, two terms have mainly evolved. Liquidity mining and Staking. There are pools and there are farms. The pools are generally for pooling liquidity where you put half of each asset (a stablecoin and an Alt) and get a share of trading fees. This is where Impermanent loss comes in.

If you are just Hodling, there is no IL. I think OP may even be researching IL because that is where the difference between Hodling and yield farming (staking) is most prominent.

[TastyChillySauce00]

kinda similar but with staking, you could get some kind of return of investment because you’re essentially locking your investment for some amount of time, although some of the staking platforms didn’t require some specific things like this.
but if you think you’re gonna be holding for a long term, and there is a choice that allows you in staking your investment in some platforms and gives quite the APY, i think you should just stake your investment altogether because it’s could be beneficial for you.
at least some platform like binance, and the likes usually offers reward in form of other altcoins everytime you stake some specific coins like BNB, and BUSD in their platform as part of their programs, you should try these out, it amplifies the return of investment that you could get quite literally.

[harizen]

hii all
my question is what is difference between HODL and staking

It should be obvious even for a newbie what HODL meant.

Maybe we can focus on Staking in general. In a layman's term, by staking, you will share your coins to be part of that network. Of course, there's a reward for it but it varies per staking terms.

My question is, why you are asking that question? We can have a much more accurate answer if you will pinpoint what you like to do.

[NIKUBHI]

The hold is to simply put your crypto in your wallet and not to trade where staking is a process in which you have to connect your wallet to any DEX or any services provider platform and lock your crypto for a limited time period of time to get a return reward which the platform offers. This is the simple difference between Holding and staking.

[tvplus006]

There is an option where you will Hodl waiting for the price to increase to your expectations and at the same time you will receive a reward for staking. Such a profit-making option is possible for holders of PoS-cryptocurrencies. In this case, you will receive rewards by holding coins on your wallet.

[coinsycrip09]

both look the same.
the difference is that the hold does not earn additional income just waits for the price to rise to make a profit. but you are free to sell or buy whenever you want.

meanwhile for staking, when the price goes up or down you will still get additional income in your wallet. but you have no control whatsoever on your money.

[inakfenhak]

Hold: keep the amount of your tokens.  Staking: bring your tokens to deposit and make a profit

[michellee]

both look the same.
the difference is that the hold does not earn additional income just waits for the price to rise to make a profit. but you are free to sell or buy whenever you want.

meanwhile for staking, when the price goes up or down you will still get additional income in your wallet. but you have no control whatsoever on your money.

Yes, it is right. But not many coins can earn you much and mostly, you need to stake in a huge amount before earning a good reward. But you do not have control if you are holding or staking as the coin will be at the exchanges but when you are holding the coins and if the price increase, you can sell it fast to take profit. Traders will prefer to hold their coins, but some of them like to staking the coins to earn more, which is a good way to accumulate the amount of the coins.

[doomloop]

Of course, hold and staking are very different things, but I prefer staking without a time contract so I can sell at any time without being penalized for fees, and I think staking is more profitable than hold because we can get extra earnings.

I am not really into staking but i think i have seen a staking platform that is the same as what your describing.
Where you can just connect your wallet and they are not like the staking that have a fee or have a lock in period.
What is good with this is that our coins are still with us, we still hold them so our earnings will be double now?

We can get profits from the staking platform and also natural profits from the coins that we hold inside our wallet.
It looks like both staking and holding are very close to each other and have no major difference at all. There is no need to choose between of them but we can just do them both. Two is always better than one.

[justdimin]

Definitely not old school. Great point. The nomenclature staking evolved within crypto from the PoS coin staking itself.

I am sure you individually know about it but just to add to the conversation, the second definition of staking evolved from the trend of yield farming on DeFi. There too, two terms have mainly evolved. Liquidity mining and Staking. There are pools and there are farms. The pools are generally for pooling liquidity where you put half of each asset (a stablecoin and an Alt) and get a share of trading fees. This is where Impermanent loss comes in.

If you are just Hodling, there is no IL. I think OP may even be researching IL because that is where the difference between Hodling and yield farming (staking) is most prominent.

There are two different styles though, you have to remember that as well. I do not know if they are really different or not that much, but staking ETH and staking Cake are different for example. You have to remember that.

So, if you are supporting proof of stake coins, then Cake or Uni or anything like that is not involved in that case. I love to "stake" stablecoins for example, usually that is not called staking but you get some returns from Binance for example (and other places) like yearly 5% to 10% for staking them. With that type of return, you could arrange your life accordingly and live on passive income.

You could also do staking with coins that could earn you while gain value and that is great too. Both your income and your coins value would go up in that case, what you stake as 100k today and gives you 10k a year, could worth 200k if the coin does x2 and earn you 20k because the % is still the same.

[deean_3one]

hii all
my question is what is difference between HODL and staking

The term HODL in the world of digital money can be understood as a strategy to buy assets and hold them. HODL strategies are generally used to avoid losses due to short-term volatility in the cryptocurrency world.

Staking is done by locking assets. Later you will get interest on the locked assets. At first glance, it seems very easy and profitable. However, staking is also not spared from deficiencies or risks.

Before deciding to staking, do some research first and make sure the platform you choose is a trusted platform. Because, with staking, you are required to lock in crypto assets that you have for a certain period of time. That is, during a certain time, you can't sell the coins.

It can certainly hurt you. Because you missed the moment when the value of crypto assets was rising. You also can't sell assets and make cut losses when prices are falling.

[tyz]

hii all
my question is what is difference between HODL and staking

Hodling is like you have a gold nugget and you put in a bank vault in the hope it is much more valued in five years. Staking is like you have $1000 and you put it to your bank account to get some regular interest for it.

[asus09]

Hold can be interpreted with storage, just like we store gold in our own safe, we don't get any profit as long as we do storage, we get new profits after we sell, it all depends on the price when we sell, staking connects our assets to other platforms , we will get a passive advantage because we are already distributed on the platform, but we also have to be careful in choosing the platform, so that we are not deceived..

[fvb]

The hold is holding a coin without trading in the hope that it will increase in value in the future. True, this strategy may not bring the desired result, because you can wait a very long time and in the end, nothing can be expected. Staking is about earning interest on your assets. Here, too, you need to be careful and choose platforms that have already proven themselves on the positive side. Everything is easier with top coins, but with new ones you need to carefully analyze and look from different angles, that is, trading volumes, how many coins are staked, how many wallets holders have, and so on. This is how I understand these two concepts, but on my own, I will say that both options are promising with the right approach to investing.

[gurunanakji777]

Hodl is a term to define holding. Holding is known as when we hold the coins in our portfolio and not selling it and staking is called that give us regular earning on fixed period means we can stake our coins to get more returns on the coin for a fixed time period (APY).

[tarable]

my question is what is difference between HODL and staking

hold is expecting a profit by holding a coin until the price of the coin increases. Staking is an attempt to make a profit by betting. the process of holding coins because risking is very large the risk that will be obtained. and vice versa, if you are lucky, you can get more than 10x the profit. that's pretty much the difference.

If we plan to hold long-term then staking on single coins is very profitable, so don't staking by buying pairs of coins or tokens, for example I am staking CAKE with the autostaking system, so the coins generated are also CAKE and we are only staking CAKE so it is very profitable if we hold on for the long term.

have you ever done it?
To be honest, I'm not interested in staking because I'm more comfortable with activities outside of staking, namely holding coins while waiting for the price of the coins I hold to increase, after that I buy again at a lower price.