XTZ
XTZ
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Do you mean as a coin in general or on their staking benefit? I was holding it on and off, been mostly day trading it as it had nice movements up and down.
Im also holding some and getting staking awards via Coinbase balance.
I also noticed LINK coin and XTZ have a pretty consistent price movements. Both are playing in that DeFi space.
I meant: what is the investment thesis for holding Tezos
have a holding in it @metamitya, I like it
I think when ETH2 drops, there will be a wave of new money going into staking coins because people can make money simply by holding ... which could pull people away from the BTC, LTC other proof of work coins in the long run
Similar to stocks, you have growth and you have income (dividend) equities ... you invest in growth stocks for their potential but they don't pay a dividend. This is similar to BTC, many invest in that for the growth potential. The flip is the income stocks, like an AT&T, etc ... which have a stable dividend but very slow capital appreciation/growth
I think the challenge for PoW is that people will tire of the up/down of the crypto and feel like they aren't getting anything out of it. At least with PoS, people will
And that will drive more people to these PoS assets more than PoW assets. That is my hypothesis
cool, thanks for the breakdown