What is your decision making process when deciding to farm or pool?

I'm currently looking at a defi farm with good yields and the rewards are the platform token, as I understand it when you farm you are essentially automatically selling your lp fee rewards for the token that is being offered in the farm. On one hand you are earning a new token from the value of the lp position. But on the other hand so is everyone else, which give some probability of the tokens being earned being dumped to take profits. So how do you decide wether to just pool or farm? Personal experiences please.