Going to chime in here with regards to staking.
If you’re in for the long term (I’m talking in periods of months/years+), it makes sense to stake. Even taking into account of inflation, the current reward rates, sitting around at ~19% lets you continue to compound and increase your overall share of the total supply.
The caveat is that there’s a “lockup” period, which is currently a little under 12 days when you stake. That means if you ever need the money in case of an emergency, see a golden trading opportunity, etc, it won’t be liquid for that period.
Now addressing the matters of potentially “losing” via staking, I think there’s a lot of misinformation/lack of education. To summarize, if a P-Rep’s block production rate ever follows below 85%, then you lose 6% of the ICX you delegated to that said P-Rep, not your entire staking stack. I can’t speak for every P-Rep that exists at the very moment, but so far, most, if not all of the more reputable ones have kept a 99.7+% productivity rate up to date. I’m using the MetrICX app to get these figures but I’m sure if you ask around in TG, someone can point you to other sources for this info. It’s also in the P-Rep’s own incentive to follow through on their end as they’re not only being detrimental to the whole network as a whole, but they damage their own reputation as well. tldlr - not impossible but very unlikely for certain P-Reps to even come close to below 85%
People encourage “diversifying” to decrease the odds of happening, but I disagree with this to a certain extent for a couple reasons 1 - mathematically speaking, you’re not really increasing your expected value, you’re just reducing variance, 2 - it’s more important to select the proper P-Reps rather than just drawing straws randomly for the sake of “diversifying”.
I’m going to echo escalade’s sentiments that it might be worth trying to spread your votes on lower ranked P-Reps, as the top ones hold an overwhelmingly large share of the votes. That being said, some of the top candidates are legit and even I have voted for them. This is where “DYOR” is actually relevant because when you vote, you can think of it as betting money on who out of all these candidates can best help grow and promote the Icon network, and eventually the price will follow as well.
If still unconvinced, you can always stake a small portion of your stack and test it out for a few weeks to see how you feel. Full disclaimer: I have 95% of my stack staked and I use my 5% to mine TAP which on most days, give you higher returns than staking (shameless shill here :P). Consult escalade on this as he is an Iconbet evangelist and recent P-Rep!
Edit: Check this inforgraphic out to get a feel of productivity rates: