RE: Lunch Walk

[tydynrain]

Yes, that's a pretty good synopsis. I'm referring, at least in part, to delegating layer-2 tokens to various curation accounts. 😁 🙏 💚 ✨ 🤙

!DIY
!WINE

Comments

[savvytester]

Maybe you mean that delegating tokens is not the same as "investing tokens". 🤔🤯🤓

!BEER

[tydynrain]

Well, delegating tokens is a form of investing, so it should be done with awareness and care. 😁🙏💚✨🤙

!BEER

[savvytester]

They say that if you delegated your tokens and they didn't earn, you will get back exactly what you delegated after the undelegation cooldown period elapses. 🤔🧘‍♂️🤓

!BEER

[tydynrain]

Well, yes, of course, and I couldn't imagine it otherwise. 😁 🙏 💚 ✨ 🤙

!BEER

[savvytester]

That's why delegating staked tokens is relatively low-risk as it either earns or simply doesn't earn at all. 🤔 What matters are the tokens that you originally bought (and staked) whose value can go (much) lower than the price you paid to get them. 🤯🤓

!BEER

[tydynrain]

Indeed, that's true, which is why I'm such a fan of delegating tokens, especially considering that doing so can bring some great benefits. Yep, that's certainly true too, and that happens quite a lot, sadly. 😁 🙏 💚 ✨ 🤙

!BEER

[savvytester]

Looks like before you have fun delegating tokens, you should first realize the chances of getting disappointed with the tokens you bought if their price drops (significantly). 🤔🤯

Anyway, with the prices going lower, there is often a good chance of such prices getting back to where you bought it, and even (significantly) higher. 🤓😏

!BEER

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