Cryptocurrency News & Discussion

The original post: /r/cryptocurrency by /u/plzbuymecheese on 2024-12-13 00:00:09.

So I hit big on Stake, withdrew to my cold wallet. Not putting it back into gambling.

Current setup:

• 6.2 ETH in Ledger

• Basic crypto knowledge 

• Gas fees scare me

• No staking experience

Options I'm considering:

• Stake on Lido

• Hold for next bull run

• Trade for BTC

• Convert half to stables

• Try yield farming

• Just cash out

Main questions:

• Best staking platform?

• Hold vs diversify?

• Good entry for yield farming?

• Tax implications?

First time holding serious ETH. Want to make it work beyond just hodling.

Priorities:

• Not losing it

• Passive income ideal

• Medium risk tolerance

• Long term growth