I’ve been holding a small crypto allocation for the last couple years, mostly large cap assets that I treat as part of a broader investment portfolio. Recently I started reading more about staking where certain platforms allow you to earn additional rewards if you hold specific tokens. From what I understand returns can range from roughly 3–6% annually depending on the network. On paper it seems logical if you’re already planning to hold long term, but I’m still trying to understand the risks involved.
Is staking worth it for long-term crypto holders?
byu/New-Time007 inCryptoMarkets
Posted by New-Time007
1 Comment
If you’re in a bear market and not trading daily you should 100% be staking.
You can simply unstake when you see a reversal of bear or you’re approaching a sell point for you.
Example 10,000 X coin and your going to try and sell 10% @ xx price so you unstake 1000+ coins. Pending on the unstake time will dictate how soon you should’ve in staking.