Other than tying up your coins for x period of time, I’m not seeing downsides or risks if this coin is a long term hold. What am I missing?

Aware me

just staked $100 worth of hex for 9 years. hopefully it goes to the moon.

gonna stake more once coinbase finally gives me my fuken money back. "please wait 20 fuken days to send your eth"

yes

it's generally locked up, so if price crashes your stuck with it earning 12% (or whatever) on a principal of 0.01 cents per token that was previously $20 and slowly bled to death

The opposite is true too, if it goes to the moon your stuck earning 12% on a principal of $2000 per token and you can't cash it out. You'll watch it plummet back to reality most likely, but this isn't as bad because at least you got some sky-high capital accumulating interest ideally.

Finally make sure your staking platform is legit - high uptime, secure, not a scam. Even legit ones may be prone to a hack who knows.

So it's all risk based.Can you handle the risk of staking or my alternative options (Below) vs holding it in cold storage?

An alternative would be staking stable coins (consistant reward with no price fluctuation), staking assets that are likely to only gradually grow (Eth, btc, ltc - note this isn't perfect they can swing either way still!) or using a high interest savings account like blockfi, celsius, or gemini (also not perfect as you don't have custody of your tokens. However, gemini has absorbed losses from hackers before - they are founded by the uber rich winkelvoss twins, blockfi is collaterlized by gemini so expect the same. celsius has absorbed losses before too. Rates are lower than staking but still awesome. You can trade or liquidate much faster with these accounts).

Blockfi referal code:https://blockfi.com/?ref=7537790c
Celsius referal code:https://celsiusnetwork.app.link/13367110e7

I dont use gemini because low rates

Do your own research!!!!!!!!

Suggest everyone load up their Hex bags before the Pulsechain fork.

Everyone holding/ staking Hex will get a copy on the Pulsechain network, essentially doubling your coin.

Then once Pulsechain launches.. I would build out my ladder stake to 15 years. Having stakes coming out every month for the next 15 years. And when a stake ends, pocketing the interest and restaking my principle out another 15 years. Endless money printer.

what's staking?

But for example let’s say I stake $100 (to keep it simple) at $1/coin. If that coin drops to .50/coin which is a hit I would have taken anyways since it’s a long term hold. But now even if I take that hit, I’m staking so I still get interest on it even if it’s a lesser amount? Where as if I didn’t stake it, I would have still taken the hit, and also no interest earned on top of it?

Or am I a moron when it comes to finance and how that works?

you are correct, people just really turn it into their lifes mission to maximize profit and that often requires leverage and flexibility

sometimes the juice is not worth the squeeze

this

sometimes you're better off swinging than waiting a whole year for 5% APR. you could make a 5% profit trade in a day

Ah ok. Yeah I’ve got a couple coins that I’m holding long term so just seeing if I can squeeze any juice out of them but just trying to see what I’m missing or if anyone has war stories from experience