I just got an email saying I am approved to stake the ETH I'm hodling on Coinbase. Benefit - I get 6%. Drawback - they control my ETH until ETH 2.0 rolls out. Is that a big drawback for a casual investor like me? Am I somehow risking all my ETH by doing this?
I am not a day trader and am not planning on doing anything other than hodl my ETH for years...if I lose it then so be it, if it moons then great. I am also not computer savvy and don't know enough nor have the equipment/software to stake it on my own. I also don't know enough to trust other exchanges. I am a casual investor with no tech experience. So either I am going to continue to hold my ETH in Coinbase, or I am going to stake it. Should I stake, or is there a risk Coinbase might lose my ETH?
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