You could stake ETH now and still trade it
All of a sudden, I'm saying good things about ETH? This article's intentions might seem weird, since I have attacked ETH in previous works. But I'm not biased toward any particular coin. Today, we'll cover why and how staking ETH is a good choice when it comes to speculation. It all comes down to its low-risk investment, as long as you do it in the Kraken exchange. Of course, this is only valid before ETH 2.0 comes out. The situation might or might not be similar at that point.
If you have ETH, you can get around 7.5% yearly yield right now by staking, even before 2.0 completes. You'd normally not be able to trade it staked, but Kraken lets you trade staked ETH for unstaked ETH, although liquidity might be somewhat limited. There's little reason not to stake with Kraken, because you're going to get rewards from whatever you decide to not use in trading.
There could be the concern of people selling ETH as soon as they're allowed to, which is when 2.0 hits, but you can shake it off before the network transition begins, so you're still in control. Except if you're a resident from the US or Canada. In case you're from those countries, trading your staked ETH will not be available. But then again, if all you wanted to do is hold anyway, then you might as well stake it with them.
ETH staking usually requires holding at least 32 full tokens. That might be too much for most people. This is why a few places like Kraken, that hold their own stake, started offering customers the possibility of staking in their place. I really don't think they actually anything for doing this. It was probably done due to high demand.