Wanted to get your views on the following model I am thinking. I completely understand that any investment I do is based on my knowledge and risk taking and both ways it should not be treated as investment advice.
- Currently I have x number of ICPs staked for 2 years or so term
- I also have automatic restaking of maturity
- I am adding new ICPs frequently using dollar cost averaging
I reason I have not joined 8-year gang yet is that I am not sure if I would need to liquidate some of the investment before that. So this is the model I am thinking:
- Increase delay to 8 years
- remove automatic restaking of maturity
- Use maturity to convert to ICP and sell if need to
- With no investment advice disclaimer, do you see any blind spot in this plan
- Irrespective of this plan, if someone has to unstake ICPs before the delay is over, what happens?
- Is there a difference between staking of ICP and Maturity besides the tax consequence of converting maturity to ICP?