atom staking rewards? Until a month ago I was buying other coins but someone said that’s not very smart, so I’d like some feedback please
I think reinvesting the atom rewards is the least smart attitude, because when the percentage of atom staked exceeds 67%, the rewards start decreasing towards just 7% APR. So my strategy is to use the atom rewards to buy other tokens that can also be staked and generate more rewards to me.
Why isn't smart? Is the saying of "someone" enough to change your strategy? Strange.
Thank you, so I am on the right track. I’ve been converting most into AXL.
Well, I am not the smartest guy in the room, most certainly not this room so I need to see what others are doing and thinking; how else do we educate ourselves if we don’t get opinions and see what is working for others. I have never been of the mindset, “my way or the highway” philosophy. Thanks for your feedback though, I appreciate it
I was not (at least not entirely) polemical. I'm just asking you what were the reasons he gave you. Why, in his opinion, is it not a smart move?
The importance of getting insights from other people's experience cannot be overemphasized
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