what is difference between HODL and staking?

[xmonkeyx]

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

hold and staking are two opposite things, hold is when you buy coins and keep them for as long as you want, and you take profit or loss when you sell them.
while staking, this is what is booming right now, staking will give you income by contributing to it, usually you are required to send coins to the platform and you enjoy the results according to the agreement on how many coins we have to donate.
I think staking has a bigger risk because we don't directly hold the coins we have, in contrast to HOLD, where we store coins in our own wallets.

[mey466]

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.

It's better to wait until the price increases and we can freely make the decision to sell it or continue to hold it than having to take other risks because staking has rules that must be obeyed if you want to join, for example sending coins to other platforms with a predetermined time period. if you meet the requirements then the participant will have a steady income meaning the coins will increase