I wanna get in on the action before the 19th

About 3 fiddy hundred.

Nobody knows.
I would DCA in at this point as we've just seen a pretty large FOMO spike, I have a stack btw.

I would do 500 this week, 500 the next till BPD.
Sounds like you just want a quick buck. In that case I would just sell immediately after getting the BPD payout, however due to low liquidity the price potentially could drop fast. Listen to Richard Heart on YouTube, he has probably 1000 hours just talking about crypto and Hex. Good for learning about it in general. Long term though I would put mostly everything in BTC.

Would it be best that I just...buy HEX rather than stake it?

I could buy tokens in the 6 digits and probably make more. Also what's DCA?

Attached: stake-hex-now.png (980x389, 125.85K)

You're so new it's adorable.
DCA means put in a little bit over time. You're averaging the cost rather than piling everything in all at once. This is sometimes prudent with high volatility.

The way Hex works is you must be staked DURING BPD, which means you want to be staked by November 18-19th, you will need to do this yourself on the staking website:

go.hex.com/stake/

You do not under any circumstanced want to be unstaked during that time otherwise you will miss out on the payout everyone else gets. Beyond that, it could drop to zero by tomorrow or be up 1000x. DYOR.

>DYOR

I don't get why you told me that but okay. I was just wondering why I need to be staked if all I am gonna get is $500? That's kinda odd and I don't really get staking, why it's better than just buying the tokens outright.

This is why RH shouldn't have used the term 'staking' because of confusion with proof of stake. Shouldn't have just called it time-locking or something

The point is. If I put $500 into it, how much will I get in returns after I stake it?

What could potentially happen during BPD? Can you please explain it to me. I am willing to put some in come November if you guys explain how it works.

I don't see how it will make me more money than just buying tokens.

it tells you interest and shares depending on how much and for how long you're locking them up. You get X hex on Y date in the future

Does it well you how much Hex you get on Y date in the future?

If I get 30k Hex will this be a good thing?

there are spreadsheets taht can calculate that based on current rates

Alright so...

Do I need to by Hex tokens and then stake them on the site? Or do I just buy the stake with Ethereum?

first time doing this.

Oh, and is it worth staking for over a year at this point?

Because I may actually do that if it would yield me great gains.

Could I have a link to one of them?

If I staked 1mil Hex, over 600 days I would apparently make 2mil supposedly.

the stake is a smart contract that is deployed on ethereum. i did mine through go.hex.com

I gotta go to bed, but if I put down 146000 or whatever, how long should I put it down for?

And on the BPD, should I ideally take it out then, or will not taking it out potentially cause me to loose profit? I don't wanna make a mistake and potentially lose out.

you can do what you want. a lot of people set up a staking ladder

Alright what I truly need to know, what will happen if Hex moons and then drops before my staking period ends? Will I miss out on potential gains or does it not matter?

you can end your stake early but you will incur a penalty for doing so. if the stake is ended less than 50% of the way through you will likely get less hex back than you staked initially

> how long should I put it down for?

The longest period of time possible.