HIVE mindset: NEVER STAKE ALL YOUR TOKENS
Nothing is sweeter than reading and making money at the same time by curating content which is facilitated by the degree of stake. I get it, staking is very important because content creators can only be encouraged when they receive upvotes with high value(from a person that staked large amount of a token) and content curators curate content and earn more tokens when they stake a good number of tokens. in general staking tokens and curating with the staked tokens is the ONLY reason this community is still active and will always remain active.
Since they are so many important reasons behind staking tokens, so why the term "never stake all your tokens".
staked tokens like Hive takes 13 weeks to unstake while other tokens on the hive blockchain (second layer tokens) take as much as 4 weeks to unstake and Getting straight to the main point of this post which is liquidity, staked tokens lack liquidity and cannot be traded or exchanged on any platform until they are unstaked and so why enjoying the curation rewards the price of a token could skyrocket unimaginably leaving you with no option than to unstake your tokens which takes a long time and within that time , the price of that token Could fall leaving you with horrors .
On the other hand, they are professionals in crypto trading who can predict when the price of the tokens can go high and also when they will fall and those who cannot predict the market should also try to keep some of their tokens liquid in case of unexpected rise of that token so as to sell and make some profit. They are also some long term investors who don't really care about what happens with the price any time soon and if you are one of them, then that is also good.
DISCLAIMER: this post is not some investment advice but just my opinion on holding liquid tokens in case of price rise.
If you like this post please upvote and don't forget to comment on your opinion involving staking all your tokens .
Thank you for reading.
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If one is going to stake for curation rewards then I’ll like to believe such person is already aware of possible price fluctuations and doesn’t care for the short term or the person has contingency plans and has some liquid in store. Being locked up in stake during a quick pump run can leave a bad taste in the mouth, the best is to have some liquid but majority staked.
Posted Using LeoFinance Beta
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