Staking, hodl and security.

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The best benefit you could do for yourself When investing in crypto is to hold the coin you are buying and your mind should be in long time even though is not as easy as it may sounds because the price will test your believe and your commitment to a project.

To be sure of not selling and holding a coin for a long period of time people choose to stake their assets on different platforms to earn more of the coin and accumulate with ease even after knowing that some risk are involved.

It all Risk

Investing in anything comes with risk whether it is crypto, stock etc.. that’s why people don’t care about increasing the level of risk when it comes to crypto they just want to put their money on what that gives better returns by stacking and unfortunately for us some of luna it.

Buying and holding a coin without staking also own it own risk, apart from holding your asset on an exchange another risk that comes with buying and holding a coin is seeing go to zero and this happens when proper research is not done.

Security focused.

Hold without staking is good and staking for more reward is great but what should be our focus is how to protect our funds from losing it all either by buying into wrong program or by putting it in a third party app without a good security backing it.

What works for mr A might not work for mr B and we should be able to choose what we are comfortable with. Securing our fund and earning decent interest at the end of the is main thing in every investment.

Try to know

The truth is the only way to secure our fund is to do proper research and try to understand what you are putting your hard money into. Most times the mistake we do when investing is that we neglect the details and little things matters and the important part of the reach are hidden in the small things.

Whether it is staking or not research and choose what you comfortable with and ride with it for a long time.

Thanks for your time.

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3 comments
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People should be buying coins that they don't mind holding long term if they are investing. It's not good to feed into all the FOMO and FUD out there as it's just going to make you lose money most of the time.

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