Nice thoughtful post. I need to re-evaluate some of the staking coins I am holding.
I'm thinking they are going to be difficult to sell on on exchange, and will have to do a little bit at a time.
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Nice thoughtful post. I need to re-evaluate some of the staking coins I am holding.
I'm thinking they are going to be difficult to sell on on exchange, and will have to do a little bit at a time.
Thanks! I want to invest and forget but I also believe that re-evaluating one's portfolio is a must. Warren Buffet can afford to play the buy and hold game. His positions are massive and leverages his wealth to get a great price and preferred stock options.
I like NEBL for staking. It has a low supply and lots of potential upside, but even that can't escape inflation. However, I hope that a combination of demand and future utility will keep the price going. If there is no utility (or demand) then it doesn't really matter what the staking ROI is. Price should drop. The best combination is around 4-7% reward AND lots of utility to keep up demand.