When Staking Goes Bad by acesontop

hive-167922 · @acesontop · Aug 8 '21 (edited)

$10.00

When Staking Goes Bad

When it comes to crypto I'm quite a classical type of investor. I hold some coins on a wallet, a bunch of ETFs on Binance and my regular daily earnings from Hive. Nothing special, no NFT here, or DeFi. Why?... I don't know, it's just me.

I do have a bunch of stacking options on my Exodus wallet and so far I have stacked ADA, XTZ and ONT. The APY ranging from 5% to 15%. Not a very good idea during a bull market because you need to have liquidity.

In the case of ADA and XTZ you pretty much gain liquidity to your assets in seconds, but not with ONT. I AM NEVER EVER GOING TO STAKE ONT AGAIN.

![lockedind2670e799df5407dbce235c22ed38152.jpg](https://i.imgur.com/Ih4QCuU.jpg)

It will take me 120,000 blocks to unlock my ONT, it's been way over a week and I still have 25000 blocks to wait for until my ONT gets liquid. Why would I want to unstacke it? Just to buy more Binance ETFs. It's been profitable so far playing with those and I want more.

I will have to wait a few more days until I can get my hands on liquid ONT. I have no clue whether I was notified about this time span for unstacking ONT or not, but it sure feels frustrating. At least during a bull market.

Bull markets are meant to be liquid, if you know what I mean, and having locked coins is not fun at all. I'm not saying that I won't be stacking any other coin ever, but definitely not during a bull market. Bear markets are for accumulation and that's when I'll probably try that once again.

The month of August has been bullish so far and hopefully it will continue as such. September might hit us with some corrective movements, but hey, whatever goes up must come down and winter will probably be wild as hell. We'll see about that. Meanwhile... a few more days until I get my hands on liquid ONT.

Don't recommend stacking it though.

*Thanks for attention,*
*Adrian*

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@acesontop/when-stacking-goes-bad)

👍 leo.voter, hiveupme, ssjsasha, bluemoon, nateaguila, organduo, daveks, empoderat, mammasitta, pele23, ivansnz, toofasteddie, pouchon.tribes, roleerob, sofiaquino98, ew-and-patterns, arcange, khaleelkazi, ctime, auminda, lbi-token, goldrooster, smartvote, leofinance, laputis, sbi4, laruche, olebulls, tbnfl4sun, core.voter, thebluewin, arrliinn, jeanlucsr, good.game, drax.leo, actioncats, olumzy, wine-token, mightpossibly, gadrian, jk6276, julialee66, travelwritemoney, thranax, untersatz, dante31, navyactifit, gattino, fengchao, steemitboard, engrsayful, uwelang, egistar, walterjay, ali-h, hivecurator, babytarazkp, perfspots, cielitorojo, floobrecords, yefet, trendovoter, tan.stake, crimianales, and 219 others

`author`	acesontop
`permlink`	when-stacking-goes-bad
`category`	hive-167922
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`created`	2021-08-08 21:35:51
`last_update`	2021-08-08 22:05:48
`depth`	0
`children`	1
`last_payout`	2021-08-15 21:35:51
`cashout_time`	1969-12-31 23:59:59
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`root_title`	"When Staking Goes Bad "
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`author_curate_reward`	""

properties (23)vote details (283)

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kennyroy	654,128,670	20%
arrliinn	20,254,109,771	20%
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summertooth	3,024,871,996	25%
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felt.buzz	3,068,046,421	0.35%
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khalil319	1,245,718,357	25%
jeanlucsr	17,354,285,290	10%
schubes	520,113,512	44%
sofiaquino98	147,699,841,005	100%
bahagia-arbi	2,397,629,738	12%
pele23	192,563,614,714	40%
roleerob	151,321,893,837	100%
divinekids	2,402,610,148	20%
khaleelkazi	109,225,069,866	50%
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paulmoon410	515,022,678	4%
gattino	5,777,124,048	100%
hungryhustle	742,680,057	25%
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olumzy	13,150,703,758	3.6%
gallerani	716,019,004	12%
smartvote	74,527,834,418	3.5%
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ctime	108,382,011,331	2.5%
hashkings	1,146,112,709	1.8%
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leo.curator	2,026,520,067	40%
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bala-leo	1,061,193,501	12%
good.game	14,645,308,609	100%
ali-h	4,316,627,654	50%
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poam	1,162,255,500	49.5%
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thranax	6,279,251,735	15%
eloi	936,370,845	49.5%
refinement	1,023,645,829	50%
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pouchon.tribes	157,236,775,764	100%
mk-leo-token	206,511,258	100%
untersatz	6,161,790,023	50%
trendobounty	0	50%
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chloem	793,467,365	50%
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snoochieboochies	555,469,829	6%
crimianales	3,647,250,914	51.23%
autowin	1,000,908,536	50%
meosleos	990,711,417	49.5%
empoderat.leo	55,785,978	50%
onestop	2,055,997,113	6%
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platino94	0	50%
fengchao	5,628,891,275	2%
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dealhunter	219,541,217	30%
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bold-n-italics	416,381,379	100%
leoneil.leo	17,600,965	12%
rewarder	883,077,752	50%
senseiphil	827,321,158	0.66%
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tan.dev	136,380,711	50%
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druma	1,010,560,540	50%
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psgood	972,028,503	50%
tv-d	915,800,593	50%
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alorian	917,312,463	50%
slat	915,450,800	50%
protoleo	916,201,516	50%
tan.reg	134,446,381	50%
muski	933,351,314	50%
thesimguru	134,461,205	50%
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twrk	965,588,594	50%
tan.stake	3,669,429,813	50%
eth2	1,010,861,972	50%
lbi-token	92,817,941,410	30%
tslap	991,311,319	50%
hodol	982,935,061	50%
jmsansan.leo	65,031,155	10%
theco	989,974,489	50%
muskland	991,840,271	50%
hochismin	973,583,494	50%
finleo	944,096,705	50%
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etheru	1,001,630,090	50%
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elong	988,226,127	50%
ammonite.leo	1,090,035,548	100%
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outperform	995,707,560	50%
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ikaro	2,285,918,523	50%
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vihan	136,300,416	50%
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thatbull	999,045,848	50%
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pitchleo	977,963,482	50%
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zbh1	986,794,076	49.5%
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f82	997,783,767	50%
natureway	996,697,945	50%
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gamor	976,203,848	50%
dvision	983,405,535	50%
quantumant	996,311,773	50%
cvlwar	984,618,164	50%
sanctum	996,103,132	50%
challa	960,913,776	50%
apeople	992,603,010	50%
quantumblank	1,014,764,832	50%
fundacoven	792,918,397	10.8%
endgames	1,160,014,655	50%
justbuild	994,281,513	50%
realleader	1,014,342,240	50%
gohodl	995,264,613	50%
leverup	969,185,795	48.5%
justcapital	1,000,350,842	50%
reflecting	999,566,623	50%
buildhedge	983,597,335	49.5%
valchain	227,026,547	50%
elongate	1,010,693,884	50%
amongus	982,855,090	50%
elgatoshawua	878,555,120	6%
seevision	980,378,318	49%
yellowstone	1,001,042,282	50%
floobrecords	3,846,734,283	25%
runify	1,013,315,465	50%
cybermusk	1,001,426,353	50%
cornerbreak	1,002,084,274	50%
findbalance	1,013,111,767	50%
saylorfy	1,032,001,924	50%
wine-ico	2,734,291,283	50%
lasergang	1,001,923,313	50%
billionsight	980,428,676	50%
darkelon	1,001,051,242	50%
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totalrekall	1,006,569,044	50%
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ledg	1,011,768,339	50%
cryptololo	1,209,839,169	10.8%
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pubgood	1,007,308,483	50%
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impurgent	756,963,219	40%
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olebulls	26,398,079,069	25%
optionfreedom	952,023,553	50%
selectyourself	996,298,823	50%
egistar	4,778,892,402	100%
robmojo.leo	1,439,923,948	40%
vault.burn	2,700,056,323	50%
theguru.photos	367,418,563	50%
fdunn4475	189,856,544	79%