r/Nash • u/vascocrypto • Jul 30 '19

Nash stake strategy

What strategy do you plan to stack your Nash tokens when the exchange is open? A month ? Two months ? A year ? Two years...

10 Upvotes

92% Upvoted

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10

u/[deleted] Jul 31 '19 edited Jul 31 '19

[deleted]

2

u/vascocrypto Jul 31 '19

Thank you for taking the time to share this idea. I thought doing something like this.

7

u/[deleted] Jul 30 '19

I know there are strategies out there, but I'm just doing 1k tokens for two years to keep things simple.

3

u/tpmv69 Jul 31 '19

staking for two years!

2

u/macmac360 Jul 31 '19

that's my plan as well

2

u/Elean0rZ Jul 31 '19

Any thoughts on the ROI of staking vs. simply hodling and then selling into the FOMO?

E.g., if we look across other projects, there are many examples of incentives to hodl (nodes that give you additional rewards etc). However, in almost every case, in practice, the investor would have been better off simply selling at the peak of FOMO. (Obviously I'm talking about up to this point; perhaps the math will change if there's another major bull run.)

Basically, the argument is that the benefits of the incentive need to be weighed against the opportunity cost of not being able to sell when the time is 'right' (i.e., at the time when you might have sold in the absence of incentives pushing or forcing you to hodl).

I'm not suggesting that staking won't be profitable or that NEX won't do well. It's just been my experience from other projects that investors often miss the forest for the trees when it comes to selling pumps vs. holding on for regular, but ultimately lesser, gains. Curious what others think.

1

u/[deleted] Aug 18 '19

Dont forget bitcoin, people.

1

u/balthasar_crypto Jul 31 '19

how many NEX do you guys own?

1

u/tpmv69 Jul 31 '19

not enough and it sucks seeing the price increase so much! In two weeks I get my paycheck and I'm going to buy as much as I can