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Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: StressedBoi on October 24, 2024, 10:41:05 AM

Title: Savings or staking, which is better?
Post by: StressedBoi on October 24, 2024, 10:41:05 AM

which do you guys think I should do, participate in launchpools and staking for random tokens or should I use the savings for popular tokens like USDT, SOl and BTC that most CEXs offer. I certainly feel like savings will be more stable and predictable but then also a launchpool is more diversifying and can lead to more profit in the long run

I happen to have a few USDT I want to stake or save, you guys should help with my dilemma

Title: Re: Savings or staking, which is better?
Post by: AntonietteK on October 25, 2024, 10:08:40 PM

It depends on your goals! Savings with USDT, SOL, and BTC offer stability, while launchpools provide diversification and potential for higher returns, though with added risk. Maybe a mix of both could balance stability and growth.

Title: Re: Savings or staking, which is better?
Post by: oneandzero on October 26, 2024, 11:37:25 AM

If stability is what you're looking for, then I'd suggest you stick with savings especially in assets like USDT and SOL, because they are a lot more predictable.

Like you mentioned, exchanges have very some very good and flexible offers like the BGSOL option on Bitget that lets you get up to 30% APY and the ability to redeem your staked assets whenever you want to.

Although, I still think a mix of both staking and launchpools could be a good balance, too.