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To Stake or Not to Stake? That is the question. by mitty

View this thread on: hive.blogpeakd.comecency.com
· @mitty ·
$0.36
To Stake or Not to Stake? That is the question.
#### To Stake or Not to Stake? That is the question.
***
The market is full of coins with inflation (some of them with very high inflation) and systems in place to make people Hold instead of Dump.

They call them **Staking, Baking, Power Up**. I'm sure there are more names for the same kind of thing. These schemes are designed to "fight against inflation". That's the idea, anyway.

![image.png](https://files.steempeak.com/file/steempeak/mitty/oeGP5wzJ-image.png)
[Source](https://app.hedgeye.com/insights/36953-cartoon-of-the-day-inflation-shark)

**In theory, Staking seems good. In Practice? It has become a disaster. At least for me.**

In 2017 I bought a few of these coins to get some passive income. 2 years later, the total of my passive income is less than zero. Every coin went down in price 100x or more. The 4%, 5% or 6% I got in return for "Staking" is a total joke. It's not worth it, no matter at what angle you look at it.

Why should I be happy to buy 100 coins for $100 to get 6 coins in return over a year, if the price of the whole lot of 106 coins is only $1.06, after that year ends?

**Do you still believe in Staking coins?**
***
 - Yes, I still buy coins for Staking.
***
 - No Staking for me. That's a losing game. I've sold all those turds.
***
 - I'm in the Middle. I'm Staking the ones I have but I refuse to buy any more Staking Coins.
***
*Answer the question at [dpoll.xyz](https://dpoll.xyz/detail/@mitty/to-stake-or-not-to-stake-that-is-the-question/).*
👍  , , , , , , , , , , , , , , , , , , , , , , , ,
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@abbak7 ·
Voted for 
  - I'm in the Middle. I'm Staking the ones I have but I refuse to buy any more Staking Coins.
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@akdx ·
Voted for 
  - I'm in the Middle. I'm Staking the ones I have but I refuse to buy any more Staking Coins.
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@aschatria ·
Voted for 
  - Yes, I still buy coins for Staking.
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@bxlphabet ·
Voted for 
  - I'm in the Middle. I'm Staking the ones I have but I refuse to buy any more Staking Coins.


The only ones I have are the tribe tokens I get through posting on STEEM. I stake some of them and have been writing posts about that if you are interested. But I really do not know what I am doing and would not spend money on this. 
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@chunkysoupsvc ·
Voted for 
  - Yes, I still buy coins for Staking.


Don't expect much back from investment while said investment's market is in the shit. It's a hodling game sometimes, even if you're staking. 
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@cjsean ·
Voted for 
  - I'm in the Middle. I'm Staking the ones I have but I refuse to buy any more Staking Coins.
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@d-zero ·
Voted for 
  - Yes, I still buy coins for Staking.
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@deathcross ·
Voted for 
  - I'm in the Middle. I'm Staking the ones I have but I refuse to buy any more Staking Coins.


I'm staking some of my interest areas (LEO for investments, CCC for creativity) and some general ones (PAL and NEOXIAN)
I can't curate more manually, too much time
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@erica005 ·
Voted for 
  - Yes, I still buy coins for Staking.
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@fredkese ·
Voted for 
  - I'm in the Middle. I'm Staking the ones I have but I refuse to buy any more Staking Coins.
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@gamemods ·
Voted for 
  - Yes, I still buy coins for Staking.
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@hatoto ·
Voted for 
  - Yes, I still buy coins for Staking.
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@jeffjagoe ·
Voted for 
  - I'm in the Middle. I'm Staking the ones I have but I refuse to buy any more Staking Coins.
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@literalypotato ·
Voted for 
  - I'm in the Middle. I'm Staking the ones I have but I refuse to buy any more Staking Coins.
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@maarnio ·
Voted for 
  - Yes, I still buy coins for Staking.
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@maxer27 ·
Voted for 
  - Yes, I still buy coins for Staking.
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@outlinez ·
Voted for 
  - Yes, I still buy coins for Staking.
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@russia-btc ·
Voted for 
  - No Staking for me. That's a losing game. I've sold all those turds.
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@trincowski ·
Voted for 
  - I'm in the Middle. I'm Staking the ones I have but I refuse to buy any more Staking Coins.


To say the truth, I'm holding some staking coins but I'm not even staking them because their price is so ridiculous that I think it's a waste of time to do the staking process.

I have better things to do with my life than to spend an afternoon reading and following instructions to stake a coin that gives me $0.00001 per month.
properties (22)
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@vimukthi ·
Voted for 
  - Yes, I still buy coins for Staking.
properties (22)
authorvimukthi
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@wakeupkitty ·
Voted for 
  - I'm in the Middle. I'm Staking the ones I have but I refuse to buy any more Staking Coins.


Might I will sell the rest or wait till everyone burned them. I never bought. The only reason I staked is to give a higher vote, something worth..If it is worth investing in it I doubt. 
properties (22)
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@xplosive ·
Voted for 
  - I'm in the Middle. I'm Staking the ones I have but I refuse to buy any more Staking Coins.
properties (22)
authorxplosive
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json_metadata"{"tags": ["dpoll", "poll"], "app": "dpoll/0.0.2", "content_type": "poll_vote", "votes": ["I'm in the Middle. I'm Staking the ones I have but I refuse to buy any more Staking Coins."]}"
created2019-09-24 22:10:18
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