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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: bitsnbits on May 25, 2021, 01:03:07 PM



Title: Do you recommend staking?
Post by: bitsnbits on May 25, 2021, 01:03:07 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!


Title: Re: Do you recommend staking?
Post by: _IRMAN on May 25, 2021, 03:17:55 PM
You can stake ETH at https://ethereum.org/en/eth2/staking/ and become a validator for ETH 2.0 but you need 32 ETH


Title: Re: Do you recommend staking?
Post by: pealr12 on May 25, 2021, 03:30:49 PM
Only if you can be sure that the staking reward is good and you have a good number of the coins/tokens to stake to generate good reward,  otherwise I won't recommend staking because at the end of the day, you will not be happy with what you will receive, more like it benefits the project more than the staker imo.


Title: Re: Do you recommend staking?
Post by: Jackl87 on May 25, 2021, 03:44:39 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

Almost every big exchange has staking services for the big coins like Ethereum, polkadot, cosmos for example. You always need to remember that if you want to stake them there you need to send your coins there and with that there is always a risk involved. Exchanges can be hacked and this could potentially lead to a total loss of your coins. The old saying "not your private key, not your coins" is still valid. Like others already mentioned you can also stake on your own but you need at least 32 ETH to be able to run your own node, which is a big amount of money.


Title: Re: Do you recommend staking?
Post by: Upgrade00 on May 25, 2021, 03:48:30 PM
I tend to adopt more of a holder strategy so I do not stake.
If you are considering staking you need to do your research on it before making a decision, askband answer questions like;

• Would you prefer to stake on an exchange or the ETH platform?
• What's the lock period when your funds would be unavailable?
• Are there grey areas to be aware of, like taxes etc
• Do you think the value of the coin would have increased or reduced after the lock time?
• Would there be a supply shock?
And a couple more questions...

The decision and risk of an investment rests on you, so do your research and view advice as suggestions. Also, be wary of scams.


Title: Re: Do you recommend staking?
Post by: repear7 on May 25, 2021, 03:50:47 PM
Staking is better than holding. If you hold any stackable token/coin for long term. Then it’s better to stake that. Cz, You will get some staking reward from it and you still a holder of that asset.


Title: Re: Do you recommend staking?
Post by: Yogee on May 25, 2021, 05:23:49 PM
...Is there a risk of losing coins and is staking recommended?
There is always a risk when you surrender full control of your money to other platforms. Hacks of centralized platforms like Blockfi could happen anytime. They could refund you if that happens but for how long? Other staking platforms could be exploited too and that has happened already to many so called Yield Farming sites.


Title: Re: Do you recommend staking?
Post by: ecnalubma on May 25, 2021, 05:31:15 PM
Staking is good if you’re into long term hold most particularly to established coins in the market. It also secures your investment and prevents you from not spending it during stressful times because of its terms (lockin period) or depending what terms of coins you are staking.


Title: Re: Do you recommend staking?
Post by: Darktongue on May 25, 2021, 05:36:28 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
Unfortunately, I won't tell you the main reason why I don't like staking features. But I can make an easy calculation for you. From my side, I will prefer staking only 0 percent. Because now the market is in maximum dip, your investment profit will be more than your APR profit. I'm totally against APR features. But you can do your research then your prediction. Hope I clear everything.


Title: Re: Do you recommend staking?
Post by: Flowzer on May 25, 2021, 05:50:18 PM
Is there a risk of losing coins and is staking recommended?

Staking is recommended as long you do it in correct way, the probably way u losing coins is by sending your coins to wrong stake address.
Also, theres some cons about staking coins, its you somehow cant miss opportunity to sell the coin when its pump since your coins are locked for some period.


Title: Re: Do you recommend staking?
Post by: marcous on May 25, 2021, 06:12:35 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?
Thanks!
It seems that this will be difficult for me to explain because I myself have never tried how staking works and is the safest, but if we examine in general, the safest is still in a popular exchange, because the exchange will always look after their users and their good name, so they are not susceptible to being deceived.


Title: Re: Do you recommend staking?
Post by: tabas on May 25, 2021, 07:31:05 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though).

Thanks!
Ethereum to stake? you better not IMHO.
Is there a risk of losing coins and is staking recommended?
Yes, there's a risk but if the exchange will be hacked.
For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
If you're going to stake, you'll leaving it there without holding your keys. Like in Binance staking Ethereum means locking it for a period of time, maybe 2 years. It depends on the exchange because of the BETH.


Title: Re: Do you recommend staking?
Post by: JooBra on May 25, 2021, 08:05:06 PM
The only thing that I would consider stacking would be Cardano. You can get 5% on annually and you can remove coins from pool whenever you like.


Title: Re: Do you recommend staking?
Post by: samcrypto on May 25, 2021, 08:10:52 PM
Staking makes money for you in a passive way but make sure that you always do the math and you know that if you stake, its worth it since some staking are more profitable if you have more holdings and some staking site requires a specific number of holdings before you stake. I’m not familiar with ETH staking though since I only stake few altcoins, you can also search about Apeswap staking, and with regards to risk there’s always a risk.


Title: Re: Do you recommend staking?
Post by: Fivestar4everMVP on May 25, 2021, 08:37:01 PM
Staking sure is very good but it depends on where you are staking them, i personally can not think of anywhere to recommend right now cus am not an active staker, but i will sure tell you to try as much as possible to avoid staking in/on a new project or platform as the risk of loosing your money is always high, at the beginning of this year, i lost over 2 eth i staked on a new project and that thought me a really great lesson,.
So conclusion is that staking is a very good way to force yourself to hodl and also earning some extra reward while doing so, all you have to do is look for a good platform to start your staking business.


Title: Re: Do you recommend staking?
Post by: ahmia39 on May 25, 2021, 08:47:11 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

We are staking a lot on Binance, there is a large selection of coins that you can stake in. You can also do ETH2 Staking. Try to learn about ETH2 Staking on ImToken. But I dare not take risks on other platforms. I prefer Binance, it's a trusted platform.


Title: Re: Do you recommend staking?
Post by: Cappex on May 25, 2021, 08:48:10 PM
Locking in your ethereum for a long-term income is a great strategy, however this will prevent you from selling in case the prices fluctuate a lot and trading in this could be more profitable.


Title: Re: Do you recommend staking?
Post by: Meta anggraini on May 25, 2021, 08:52:26 PM
Locking in your ethereum for a long-term income is a great strategy, however this will prevent you from selling in case the prices fluctuate a lot and trading in this could be more profitable.

Isnt Ethereum stacking for ETH 2.0 didnt have withdrawal feature yet? So you cant withdraw it until Ethereum provide the Withdraw function, its could be very risky.


Title: Re: Do you recommend staking?
Post by: Jaered on May 25, 2021, 09:04:02 PM
Staking is a wonderful method of hodling after liquidity mining and yield farming. Instead of just keeping your asset to your wallet, why not keep it somewhere where it can give passive income. The only problem is finding the right platform to do it


Title: Re: Do you recommend staking?
Post by: examplens on May 25, 2021, 09:25:24 PM
If you plan to hold any POS coin/token, of course, it worth staking it. but you have to research well what that coin will be.
I remember a big hype when masternode coins started, many of them promise a big future but now just a few of them still worth holding and staking. As everywhere, the wrong investment is always the wrong one.

don't be your guide only the highest APR. often it is unfounded and inflation eats up all your profits from staking.
You can pay attention to cex.io exchange, https://earn.cex.io/staking they offering to stake some stable coins, but the great thing is that you can sell/withdraw funds whenever you want and don't need to wait for a locking period.


Title: Re: Do you recommend staking?
Post by: CryptoG99 on May 25, 2021, 10:18:14 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
Yes I recommend staking. Especially if you hold ur coins so you can earn passively at all times.

If you're going to stake you should check out Divi Project, absolute beast at it.

Staking coins is a must if you are holding. DIVI does a great job at it from what I can see.


Title: Re: Do you recommend staking?
Post by: Johnyz on May 25, 2021, 10:21:13 PM
You have to understand how staking works, know the dates and the rates before you connect your wallet and make sure that you are dealing on a good project before staking. With regards to ETH, You can stake that but I doubt its worth it for a small time hodlers, better to have other options like new project that offers good rates on staking.


Title: Re: Do you recommend staking?
Post by: lionheart78 on May 25, 2021, 10:24:01 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

There is always a risk when you don't hold your coin and left it on a third-party platform to stake.  There is always a possibility of an exit scam no matter how legit their service is.  But if they are trustworthy then it is a good thing to stake and earn than letting your ETH sit idle in your wallet.  Remember always research and verify the legitimacy of the site.


Title: Re: Do you recommend staking?
Post by: Kelvinid on May 25, 2021, 10:31:55 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
As I search into BlockFi.com and check their review, well, I found it is okay and legit (not 100% sure as we know reviews can be manipulated)
https://observer.com/2021/03/blockfi-review-does-blockfi-work-is-it-legit-or-too-risky/

Anyway, staking has had an advantage for those who just hold as they can make some good interest from doing this. However, we have to choose the trusted site where we are can sleep without worrying if our money were just gone one day as they scam you.


Title: Re: Do you recommend staking?
Post by: cabron on May 25, 2021, 10:36:22 PM

Most projects don't need a 3rd party for staking, the team themselves has the wallet where holders can stake their coins. In the case of ETH, however, I'm not sure because its the exchanges the offers staking. Staking is good when you have no desire to sell the investment you have for the token because you trust the project to succeed. There had been many trusted projects in the past like the WAVES, LISK and NEO which are profitable for holders. These days the popular ones are ADA, VET and DOT.




Title: Re: Do you recommend staking?
Post by: Coin-1 on May 26, 2021, 12:22:32 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended?

While I believe trading is better than staking, I recommend participating in Ethereum staking programs conducted on legitimate centralized exchanges or similar platforms. But in any case, it is risky because the entity can go bankrupt or be hacked. By the way, I heard that the mentioned BlockFi service recently sent a large amount of bitcoins to their customers by mistake, and their lawyers are now demanding reimbursement from them in court.

I also know that many traders stake their ETH and tokens on the Uniswap decentralized exchange. New projects often launch very attractive staking campaigns with a high APY interest, but you need to be confident in teams that promise such the alluring prospects. Sometimes the price of their token drops sharply in a short period of time. Hence, you should always be careful when staking your Ethereum.


Title: Re: Do you recommend staking?
Post by: inanilujimi on May 26, 2021, 02:07:32 AM
I recommend staking on the Binance exchange because they are proven to pay, not only ETH there are many top altcoins that you can stake there including USDT with a fairly large APR. depending on how long you staking.


Title: Re: Do you recommend staking?
Post by: MadeMen on May 26, 2021, 02:23:31 AM
You can stake ETH at https://ethereum.org/en/eth2/staking/ and become a validator for ETH 2.0 but you need 32 ETH

How many persons can comfortably afford to stake 32 ethereum. That's a huge sum, I believe there should be a modality in place that gives persons with lesser amount the opportunity to stake. Maybe a group of people could be given an opportunity to share a node. In fact maintaining a node requires a great deal of effort as there are some tasks that need to done regularly.


Title: Re: Do you recommend staking?
Post by: LogitechMouse on May 26, 2021, 02:48:58 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
Staking BlockFi seems to not have that high risk compare to other staking platforms since many are using it but still, once you put your money there they have a complete control of it. Will they make an exit scam?? I don't think so.

Staking in Ethereum needs a whopping 32 ETH which not all investors can't afford. You have 2 choices, either join a staking pool and stake there which has a high risk and another one is to stake in platforms like BlockFi, Celsius and Crypto.com.  Staking there isn't the safest but not the riskiest at all.

Now staking in general and will you recommend it. If you are a fan of dividend investing then this might be for you. If you want to hold coins for long term then you might pick some staking coins. Maybe there are some who don't want it but I like it and I will recommend it. I'm currently holding some staking coins right now and earning passive income daily or sometimes weekly.

There are many staking platforms out there. Just pick a coin on for example Binance, buy it and stake it there if you want. Make a research first before staking because there are some who has a downside like for instance Ethereum where if you want to stake you need to lock-up your ETH for 2 years :X.


Title: Re: Do you recommend staking?
Post by: southerngentuk on May 26, 2021, 03:59:07 AM
While it looks good but considering the risks of staking, I have also personally staked a small amount of my assets on your platform mentioned from an earlier period when the market was this market has not received much attention. However, at this stage, I don't think it is very effective, but it also depends on the point of view and your property want to use for it.


Title: Re: Do you recommend staking?
Post by: Xxmodded on May 26, 2021, 04:40:59 AM
I dislike with staking with little ROI giving almost staking coin, better choose and trade your assets for buying and selling potential coins like LTC, BNB and many potential other coin have good for long or short term trading. Staking only with potential coin is worth but have value ROI giving like BNB or TKO coin, but very risk when price going dump.


Title: Re: Do you recommend staking?
Post by: enawati on May 26, 2021, 04:41:19 AM
Staking is good way to earn pasif income with less risk.  The risk of staking is the high volatility of the crypto asset and we can avoid it by staking of stable coin. Many investor who dont have any skill of trading, prefer to invest their crypto asset by staking. For staker who do want to stake the assets in long term, for the better choose decentralize platform so we have full control with our fund. To staking ETH , my suggestion to stake it on DEX like waves,exchange that offer above 7% annual yield. In this platform also available staking of others coin, like BTC, WAVES, USDT, USDC and other products.


Title: Re: Do you recommend staking?
Post by: tvplus006 on May 26, 2021, 08:28:54 AM
You can stake ETH at https://ethereum.org/en/eth2/staking/ and become a validator for ETH 2.0 but you need 32 ETH

For those who do not have 32 ETH on their balance, Binance has prepared a similar program for staking https://www.binance.com/en/eth2 But we must remember that the more ethereum is used in staking, the lower the APY. But I am repelled from such staking by the lack of an opportunity to sell coins at high and buy at a low price.


Title: Re: Do you recommend staking?
Post by: Ucy on May 26, 2021, 09:02:51 AM
I typically see staking (not consensus based Staking like PoS) as an investment to support a Decentralized network, except they pay you interest that isn't guaranteed to be profitable... it's more like holding long-term Bitcoin World.
 It's good idea to stake on decentralized/secure networks long-term, Or you could aswell buy a more secure deflationary cryptocurrency longterm and hold the crypto securely to benefit from its long-term price increase.


Title: Re: Do you recommend staking?
Post by: bittick on May 26, 2021, 09:25:36 AM
in my opinion staking is definitely recommended but only if you know what exactly you're doing, the chance of losing your coin is always there as I heard smart contract breach could allow any malicious person from stealing your money but it happens very rarely since most of the code usually audited first not to mention it's defi we're talking about.
But, you must also remember that staking isn't just waiting for it to give you the promised APR, many thing could happen betweet the period of your staking moreover if it's locked it could pose some danger of missing opportunity, so you need to take into account all the possibility that could occur within your period of staking however I always recommend a reputable staking platform.


Title: Re: Do you recommend staking?
Post by: Ararbermas on May 26, 2021, 09:44:17 AM
I dont have experience in staking but for me its seems good than holding on your own portfolio in my personal opinion. because on that way you cannot make an exit because of panicking especially when there's a massive decline in the market, wherein its safe probably and no matter what happen you still have rewards at the end of the day after the staking..  Actually every exchanges has this stuff maybe only through trusted exchanges is good way to choose some of this.


Title: Re: Do you recommend staking?
Post by: kojektea on May 26, 2021, 09:47:19 AM
You can try farming Sfund. Currently there is still a little farming, and the project is quite good for the long term. These days they talk of being listed on a tier 1 exchange. It's very interesting.


Title: Re: Do you recommend staking?
Post by: Mauser on May 26, 2021, 10:07:14 AM
I am a fan of staking, its a great way to earn with crypto trading if we don't have the time to do our own research and need to rely on others. The first experience I got with staking was in university when a friend of mine started with future trading. You needed to have a certain amount of money as security before you could start trading, so 4 friends of mine pooled money and we staked him. I'm general I think staking is good, but at the moment we have very volatile days in the crypto market. The risk of losing money is higher at the moment.


Title: Re: Do you recommend staking?
Post by: jrrsparkles on May 26, 2021, 10:13:22 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
If you are a long term ethereum holder and wants to keep increase your holdings while doing that then you can choose staking and blockifi can be one if the good place to stake but the USD value of your crypto assets might fall at the time of staking period so your portfolio value as well, so after a year even you multiplied your holding by 10% you maybe left with huge loss interms of fiat.


Title: Re: Do you recommend staking?
Post by: imstillthebest on May 26, 2021, 10:31:50 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?
Thanks!
remember that anything that looks so good can be not trusted .
if i were you i will stake only on staking platforms with fair returns and not too much because its better to earn small than not earning and end up getting scammed but you will still need to perform a research before using them just to be sure .
there is a risk in any investment including staking and its not recomended in my opinion if your already trading or investing


Title: Re: Do you recommend staking?
Post by: senyorito123 on May 26, 2021, 10:35:15 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
If you are a long term ethereum holder and wants to keep increase your holdings while doing that then you can choose staking and blockifi can be one if the good place to stake but the USD value of your crypto assets might fall at the time of staking period so your portfolio value as well, so after a year even you multiplied your holding by 10% you maybe left with huge loss interms of fiat.
Staking is highly recommended if you choose a long term holding because it is one way of making your holdings increase much more. But before joining such staking, better understand and be knowledgeable enough in every steps that needs to pass before gaining the profit you are aiming. This can make you confident in everything you do.


Title: Re: Do you recommend staking?
Post by: Pamadar on May 26, 2021, 11:41:34 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?
Thanks!
remember that anything that looks so good can be not trusted .
if i were you i will stake only on staking platforms with fair returns and not too much because its better to earn small than not earning and end up getting scammed but you will still need to perform a research before using them just to be sure .
there is a risk in any investment including staking and its not recomended in my opinion if your already trading or investing

Better indeed, those projects who offer alluring returned needs to assess more deeper,

there are many staking coins to pick, sort it  out by performing deep research. There are some that's really giving decent returned while most give small amount but due to continuous development such small amount can turned to decent value, do your deeper analysis before you place your money into project that you think will give you nice returned.


Title: Re: Do you recommend staking?
Post by: virasisog on May 26, 2021, 11:46:53 AM
It depends, if you are holding your ethereum long term then you better stake it. If not you betger stay away of it since you will be required to lock your funds for a long time.


Title: Re: Do you recommend staking?
Post by: ipanks on May 26, 2021, 11:51:57 AM
Staking can be another way for people who want to make money in the long term, but they need to have patients wait for the result or increase the high price. You can use many coins to staking and earn reward daily, weekly, or monthly, but you should select only the coin that has the potential to increase. Besides that, you should calculate your money that you want to use for staking and not use too big money to staking the coins.


Title: Re: Do you recommend staking?
Post by: Woodie on May 26, 2021, 11:56:06 AM
Staking is good if you believe a coins value will go up, and if you are also a holder this is an opportunity to grow the quantity of coins you have not only in terms of value, so basically this a having 2 for the price of 1.

But imo try find a different coin to stake than eth



Title: Re: Do you recommend staking?
Post by: btcltcdigger on May 26, 2021, 12:16:15 PM
Plenty of risk.
Ideally, you want to stake on your own wallet/pc. If you stake by sending your coin somewhere, there's always a chance you'll lose it, either by manipulation or hack.
This also goes for smart contracts, as history has shown they are not ideal


Title: Re: Do you recommend staking?
Post by: Republikcoin.com on May 26, 2021, 03:49:30 PM
You can stake ETH at https://ethereum.org/en/eth2/staking/ and become a validator for ETH 2.0 but you need 32 ETH

If you have less than 32 ETH in your bag, you can use the staking pool service. But still be careful and smart in choosing a trusted pool, because this does not guarantee 100% security.
You can start staking and participate in supporting the launch of ETH 2.0 and get profit periodically by staking ETH here (for those who have less than 32 ETH): https://beaconcha.in/stakingServices

The site is a direct Ethereum recommendation, which is if you go to the page : https://ethereum.org/en/eth2/staking/#stake , and click on the See staking services link


Title: Re: Do you recommend staking?
Post by: Charlene777 on May 26, 2021, 06:11:34 PM
You can stake ETH at https://ethereum.org/en/eth2/staking/ and become a validator for ETH 2.0 but you need 32 ETH

For those who do not have 32 ETH on their balance, Binance has prepared a similar program for staking https://www.binance.com/en/eth2 But we must remember that the more ethereum is used in staking, the lower the APY. But I am repelled from such staking by the lack of an opportunity to sell coins at high and buy at a low price.


Is Binance pooling users ETH together to come up with 32 ETH batches and then setting up validators for them? Is this how it works?


What cut is Binance taking from the gains?

Quote
We will redistribute 100% of all on-chain rewards to our users.
If they return 100%, what benefit does Binance get from this?

Quote
The on-chain staking income will be distributed in the form of BETH to your Spot account on a daily basis.
Additionally, you can get the rewards immediately rather than waiting the ~2 years that are required if you stake directly with ethereum.org.

I don't understand how this can be good for Binance. What is the catch?


Title: Re: Do you recommend staking?
Post by: Charlene777 on May 26, 2021, 06:20:09 PM
You can stake ETH at https://ethereum.org/en/eth2/staking/ and become a validator for ETH 2.0 but you need 32 ETH

If you have less than 32 ETH in your bag, you can use the staking pool service. But still be careful and smart in choosing a trusted pool, because this does not guarantee 100% security.
You can start staking and participate in supporting the launch of ETH 2.0 and get profit periodically by staking ETH here (for those who have less than 32 ETH): https://beaconcha.in/stakingServices

The site is a direct Ethereum recommendation, which is if you go to the page : https://ethereum.org/en/eth2/staking/#stake , and click on the See staking services link

I've read some of the material and I don't quite understand on what basis the ETH stake is returned. Is it a smart contract that determines when/to what address the ETH stake is paid or does the Ethereum organization decide when to release all the stakes?
Who controls the ETH addresses that my stake would be sent to?
Finally, is setting up a "validator" too difficult for a computer idiot like myself?


Title: Re: Do you recommend staking?
Post by: travwill on May 26, 2021, 09:34:16 PM
Personally, I can recommend stacking as a great tool for holders. Your coins don't just sit in your wallet, they bring you even more coins.
Compared to trading, this is a wonderful form of earnings that reduces your risks to some extent, because the more holders, the less likely the price will fall.


Title: Re: Do you recommend staking?
Post by: Dread Pirate Roberts on May 26, 2021, 09:40:43 PM
Its good if choosing the right coin. just holding coin and get free money how its not good right ? but there is always risk behind staking coin. like decrease value coin itself or overpriced the masternode. most of them staking its for long term investment.


Title: Re: Do you recommend staking?
Post by: Charlene777 on May 26, 2021, 09:56:10 PM
Personally, I can recommend stacking as a great tool for holders. Your coins don't just sit in your wallet, they bring you even more coins.
Compared to trading, this is a wonderful form of earnings that reduces your risks to some extent, because the more holders, the less likely the price will fall.

Hello, can you explain why there is overall value to staking? I give you my cryptocurrency to hold, you do something of value with it, enabling you to pay out an interest to me. What is it that you can do with it that makes this thing sensible?


Title: Re: Do you recommend staking?
Post by: finaleshot2016 on May 26, 2021, 11:12:25 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
Go for staking if...

You have a lot of coins to guarantee a good amount of profit per month because if you're only staking a small number of coins, it's better to be a swing trader or futures trader with correct entries to gain profit. However, if you have a large amount of ETH, I believe it will be worthwhile because ETH is a potential altcoin. It's fine to go staking as long as you're investing in an altcoin that has a good use and is expected to grow significantly in the coming days.


Title: Re: Do you recommend staking?
Post by: cabron on May 26, 2021, 11:22:03 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
Go for staking if...

You have a lot of coins to guarantee a good amount of profit per month because if you're only staking a small number of coins, it's better to be a swing trader or futures trader with correct entries to gain profit. However, if you have a large amount of ETH, I believe it will be worthwhile because ETH is a potential altcoin. It's fine to go staking as long as you're investing in an altcoin that has a good use and is expected to grow significantly in the coming days.

Blockfi is good. Its a lending platform so there should be a risk there. I have no idea how risky but there are influencers out there who promoted blockfi openly and have recommended it to the public. If one day they gonna make another mistake for sending BTC instead of GUSD the better.

Many exchanges today activated themselves to allow users to stake ETH on them. There should be little risk if you do it on exchanges, its however going to be a massive loss if times come the bear market.





Title: Re: Do you recommend staking?
Post by: KaliLinux on May 27, 2021, 11:25:19 AM
Staking is better than holding. If you hold any stackable token/coin for long term. Then it’s better to stake that. Cz, You will get some staking reward from it and you still a holder of that asset.
This is true, I would prefer that too than just hodling those Token/Coin I could get additions for by staking but as someone has already mentioned, It is the risk that is involved in staking in some of these sites/exchanges that we should also take into account. 


Title: Re: Do you recommend staking?
Post by: Zilon on May 27, 2021, 11:29:48 AM
Outside having the exchange hacked it's more profitable to stake your coin since it's not necessarily been traded on any exchange. 10% ROI is not really a bad ratio considering that you only staked your coin on the given exchange. For me outside the risk of been hacked it's a good take for investors. But as regards safety I would recommend you hodl but since life generally involves risk and the ROI is what the stake its worth giving a try


Title: Re: Do you recommend staking?
Post by: paxmao on May 27, 2021, 11:37:30 AM
I do not recommend staking on anything that has not a long lasting record of real use for the network, since staking is just about getting rewarded for the safety of a network and that only makes sense if the network has sufficient transactions to  make it even worth being secured. Many people are confused with words such as "dividends" or "returns" but the truth is that value cannot be generated without user willing to use the underlying network. How many use cases are already in place for the network of your choice? Probably none.


Title: Re: Do you recommend staking?
Post by: SacriFries11 on May 27, 2021, 12:21:27 PM
Its good if choosing the right coin. just holding coin and get free money how its not good right ? but there is always risk behind staking coin. like decrease value coin itself or overpriced the masternode. most of them staking its for long term investment.
Yes, I agree. there are some coins that have high APR but they don't have good value in long-term holdings. There are so many farming platforms that offer a huge percent of gain by staking/farming but I just recommend with some legit staking platform like pancakeswap and binance staking platform. Binance also have BNB vault that have good staking percentage. You can also stake in Injective Protocol and pantherswap.


Title: Re: Do you recommend staking?
Post by: harapan on May 27, 2021, 01:38:27 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
I do recommend staking because it's a good way to earn some more coins while holding your original bag, it's just like getting paid for holding a coin, staking isn't risky as far as you stake with a verified Validator, but if you have up to 32 eth you can become a Validator and stake your Ethereum here (https://ethereum.org/en/eth2/staking/) before Ethereum 2.0, I'm not sure about the reward you will get though, but you can try it out.


Title: Re: Do you recommend staking?
Post by: MauJohn21 on May 27, 2021, 02:34:40 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
Yes I recommend staking. Especially if you hold ur coins so you can earn passively at all times.

If you're going to stake you should check out Divi Project, absolute beast at it.

The following article can help you in the criteria you need for the decision you want to make: https://diviproject.org/blog/is-cryptocurrency-staking-profitable
The Divi project is pretty solid and straightforward, so it's worth considering. I anticipate that in the article you will find comparisons with some cryptocurrencies.


Title: Re: Do you recommend staking?
Post by: pawanjain on May 27, 2021, 02:52:54 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

Staking is a very good way of earning passive income. But I recommend staking only with the official platforms and not with exchanges.
Exchanges can get hacked anytime and depositing a large amount there for staking is definitely risky.

So it's upon you. If you decide to stake a coin then make sure you are staking it through official platforms.
You can choose a coin whose staking requirements are low and yet gives out better returns and then use it's official platform for staking.


Title: Re: Do you recommend staking?
Post by: KevinBakor on May 27, 2021, 03:03:15 PM
Stake ETH at https://ethereum.org/en/eth2/staking/


Title: Re: Do you recommend staking?
Post by: kram31 on May 27, 2021, 03:07:55 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

I think this is depend on the platform they are going to use dude, because staking for now is very timely if we use the platform of BSC,
this was based on my observation now in which I think its helpful while the market is down were most of the coins too are too cheap to buy them.
One of the good APR now is Garuda, and more of course and SALT in my own opinion.


Title: Re: Do you recommend staking?
Post by: Charlene777 on May 27, 2021, 03:53:23 PM
I do not recommend staking on anything that has not a long lasting record of real use for the network, since staking is just about getting rewarded for the safety of a network and that only makes sense if the network has sufficient transactions to  make it even worth being secured. Many people are confused with words such as "dividends" or "returns" but the truth is that value cannot be generated without user willing to use the underlying network. How many use cases are already in place for the network of your choice? Probably none.

Yes, this is what I am trying to get out. Most of the posts in this thread seem like brainless pyramid feeders/suckers.
What is the value that the holder of your coins gains that allows them to pay you out a "dividend?"

The holder is not a company, that your purchase ownership, which produces profits, e.g. stocks.
The holder is not a bank that can loan out your money for a higher return and give you a cut, e.g.fixed term deposit accounts.

I can see how it could work in a network like Cardano that uses proof of stake. Holders of Cardano get a share of new blocks mined and a cut of fees. It's like owning shares of a company. Is this correct?
 
But in general, where is the theoretical value created?


Title: Re: Do you recommend staking?
Post by: BitTraderCute on May 27, 2021, 03:59:27 PM
unfortunately i am not staking fan. iam prefer use my asset for short time to accumulate my coins. staking give us around less than 30% in a year. and for me its bigger in daily medium trading term. and also i could prevent for losing value while market dump. for conservative investors maybe its suitable for them.


Title: Re: Do you recommend staking?
Post by: TokenForUs on May 27, 2021, 04:01:06 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

I am people who againts staking offchain. The staking at first made by Darkcoin  ( Now Dash )team to secure the network and not like banking when you deposit money to lend it. Every entity in crypto world offer you with centralised staking or off chain staking can damage crypto it self. Remember bitconnect ? Bitconnect also offer people to do that and they judged as ponzi.


Title: Re: Do you recommend staking?
Post by: el kaka22 on May 27, 2021, 07:24:08 PM
Honestly I believe staking is the future of the crypto world, I believe everything will be staking in the future. Obviously speaking we are not going to have it today but it is going to happen very quickly and it is going to happen in the future. Look at even ETH they are moving to staking right now. This is why I think there is a good chance that even bitcoin may turn to staking in the long distant future when it is perfected, of course it will require a lot of tech improvements on staking but it may happen, we moved to segwit so why not move to staking as well that may happen.

There are tons of staking chances in the erc20 and bsc world right now that gives you a lot of money and I think that will be the case for a very long time, defi world change the staking word a lot and made it into something that everyone could want and can profit from.


Title: Re: Do you recommend staking?
Post by: sujonali1819 on May 27, 2021, 07:44:02 PM
It’s depend on which coin actually you want, where you want to do that, and You are a long term holder or not.

So if anybodh want to stake the coins somewhere, check how much trusted the site and what is the reward %. If the rate is good then you should keep them in staking. Otherwise holding crypto always better to hold in own wallet.


Title: Re: Do you recommend staking?
Post by: judaspriest on May 27, 2021, 07:48:28 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

For the risk of losing coins I don't think it will happen if you use the right platform,
such as Binance or other big exchanges, yes Coinbase, does Ethereum staking have not a large reward,
if it is said to be worth it? Of course it's still worth it, because Ethereum has strong fundamentals and you can hold it long term.


Title: Re: Do you recommend staking?
Post by: criket on May 28, 2021, 04:05:15 AM
it is a variant and depends on the price of the coin, if the coin is stable and does not experience very high fluctuations such as top 20 cmc will get a smaller APR, in contrast to new coins which can offer apr up to more than 1000% but the risk is also greater, of course most people would prefer the safe option.


for the long term, I think what you mentioned is good for choosing top assets that are more interested.
but for people who are ready to risk choosing a new platform with new assets usually gives a good return.
I am interested in Apeswap and Rushmoon. I haven't put my money in yet but they look great as an eye-catching upcoming platform.


Title: Re: Do you recommend staking?
Post by: ethereumhunter on May 28, 2021, 05:41:10 AM
I can only suggest you staking on Binance and use some of the coins for staking. If you have BNB on that exchange, you can easily earn some reward from new coins/tokens, but that will depend on how many BNB you have. So maybe I can recommend you to stake, but only on Binance because I do not know how big the other platforms can reward you. Staking is one way to earn a reward, but it needs some time before you can earn nice rewards, so you need to be patient to wait for that.


Title: Re: Do you recommend staking?
Post by: sedahan13 on May 28, 2021, 05:41:25 AM
Total of staking market cap currently up to $600 billion, this number is very high and the trend of staking continue soared. This number also about 1/3 from the total of crypto market cap.  More people prefer to invest by staking crypto because of higher interest rate than interest of traditional bank. To maximize return of staking, choose the coins with strong team and community to avoid decrease value of the coin and keep learning about the trend of market.


Title: Re: Do you recommend staking?
Post by: Masyudhi on May 28, 2021, 07:23:45 AM
Total of staking market cap currently up to $600 billion, this number is very high and the trend of staking continue soared. This number also about 1/3 from the total of crypto market cap.  More people prefer to invest by staking crypto because of higher interest rate than interest of traditional bank. To maximize return of staking, choose the coins with strong team and community to avoid decrease value of the coin and keep learning about the trend of market.
Nowadays more people think staking will lead to better profits. especially when the market is in a downturn.
I also heard that UniSwap is also re-opening their staking program. because maybe more and more exchange platforms are implementing staking.


Title: Re: Do you recommend staking?
Post by: Pamadar on May 28, 2021, 08:17:36 AM
it is a variant and depends on the price of the coin, if the coin is stable and does not experience very high fluctuations such as top 20 cmc will get a smaller APR, in contrast to new coins which can offer apr up to more than 1000% but the risk is also greater, of course most people would prefer the safe option.


for the long term, I think what you mentioned is good for choosing top assets that are more interested.
but for people who are ready to risk choosing a new platform with new assets usually gives a good return.
I am interested in Apeswap and Rushmoon. I haven't put my money in yet but they look great as an eye-catching upcoming platform.

People who loves to explore and knows how to handle risk are those who managed to earned decent.

tough decision to take if you are unsure with how this kind of business works, you need to work with developers who shows good

developments and continuous progress both new and old platforms will work as long as you'll do your research and never to fall from
projects that mostly created for quick pump and dump.


Title: Re: Do you recommend staking?
Post by: Ucy on May 28, 2021, 10:47:19 AM
I do not recommend staking on anything that has not a long lasting record of real use for the network, since staking is just about getting rewarded for the safety of a network and that only makes sense if the network has sufficient transactions to  make it even worth being secured. Many people are confused with words such as "dividends" or "returns" but the truth is that value cannot be generated without user willing to use the underlying network. How many use cases are already in place for the network of your choice? Probably none.

Ofcourse.
It's actually a bad idea to buy and stake, esp longterm, a cryptocurrency that isn't:
1. Well decentralized,
2. Consensus-driven,
3. Based on fair rules that can't easily be changed without stakeholders permission,
4. Censorship resistant,
5. trustless/permissionless,
6. privacy-friendly/anonymity-friendly,
7. Immutable
8. secure,
9. very useful
etc

It's a gamble/big-risk to stake lots of coins that aren't safe/well-decentralized , or with coin/platform controlled by people who can easily breach the social contract between them and participants.


Title: Re: Do you recommend staking?
Post by: DeathAngel on May 28, 2021, 03:41:51 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

Lots of people will tell you that BlockFi is safe & your money is safe but it’s not 100% safe when you don’t control access to your own coins. If an outside source has any control over your money then there is a risk of a hack or a rogue employee theft etc. Don’t do it!


Title: Re: Do you recommend staking?
Post by: Ghondronk on May 28, 2021, 05:18:06 PM
There are reliable places where you can stake your unused assets. If you think that you may get a better value for the assets you own after a certain period of time, then the best thing to do is staking. It will not only help you to hodl your coins, but also give you an interest payment during the staking period.


Title: Re: Do you recommend staking?
Post by: deathcode on May 28, 2021, 05:31:44 PM
there are already many platforms that create crypto-asset staking programs. I saw that UniSwap and some personal wallet platforms like trust wallet also collaborate with exchanges that support staking. now there are so many to choose from where we can put our money. even new exchanges also support staking.


Title: Re: Do you recommend staking?
Post by: fahmimajannat on May 28, 2021, 05:47:25 PM
Its haram for all Muslim.
So muslim brothers anrld sisters stay away from it.
If YOU are a non muslim its a decent source of income for you though its no permissible in islam....
So..


Title: Re: Do you recommend staking?
Post by: Almasani on May 28, 2021, 06:26:49 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

The APR for staking is almost the same on all platforms. If you look at a platform that is making a high APR. You will have to relearn about the platform because there is a possibility of scams.
To recommendations, I prefer trading over staking. We must be prepared for all risks when investing in crypto.


Title: Re: Do you recommend staking?
Post by: Asuspawer09 on May 28, 2021, 06:49:27 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

I also have some Ethereum in my BlockFi account and I think it is worth investing in this staking because you could easily earn a  good amount of interest like for example a big percentage like around 10% is actually pretty good as an interest rate.

Through the years of your investment, if you don't are not planning to cash out your investment or your really planning to invest for a long-term investment like looking for around 2-5years from now, it is totally gonna be worth it.

You could just imagine an Ethereum that could 10k$ or more and your Ethereum also increases its volume because of the interest so it's an easy profit actually. But it actually has a big risk since its usually most of this investment is centralized so your account could just lock or maybe after 5 years the website will be closed or the coompany.


Title: Re: Do you recommend staking?
Post by: livingfree on May 28, 2021, 07:06:49 PM
of course staking is highly recommended, because it is very suitable if you want to make long-term investments, instead of just holding coins, you should do staking, because it is more profitable, but don't staking if you want short-term investments.
He wants to stake his Ethereum and there's no wallet that supports it yet but only those exchanges.

And that's a big red flag if you're wanting to stake on an exchange instead to a wallet which you can hold your coins. I agree that if you're targeting long term gains.

Staking is a good option but not too rewarding but you get a profit from doing it just as you hold.


Title: Re: Do you recommend staking?
Post by: Jocuserious on May 28, 2021, 07:21:56 PM
There are lot of big project has great program like staking with profitable for everyone. You should be wait very long time for getting staking rewards so ask yourself first what would be best think. Otherwise i won't recommend you without details your target. Anyway staking program more safety for old big project so you can avoid new project right now even if you have less knowledge


Title: Re: Do you recommend staking?
Post by: blackened515 on May 28, 2021, 07:41:55 PM
Staking is recommended as long as the APR is a good one and can surely give you high rewards in return., The factors that's needed before staking is checking if the site is of good and secure place to keep your money for long time, to me staking eth does not have a good and high APR, you can only recieve good and comfortable rewards if you can be able to stake higher quantity of eth.

In this period of time, decentralized exchange gives higher APR, why not consider them, I am currently staking my BANANA coin on apeswap finance which is giving me big rewards, why can't you.


Title: Re: Do you recommend staking?
Post by: Dread Pirate Roberts on May 28, 2021, 08:19:20 PM
Staking is recommended as long as the APR is a good one and can surely give you high rewards in return.,

Ofcourse people want get high returns . but its must be reasonable value and had clear statement how the coin staked. example for  putting $10k into exchange for a year and just hoping get interest from it there is quite frustateing 1 year its quite long time. the option for this are im preferred buying masternode instead staking . rest of your statement im agree with it.


Title: Re: Do you recommend staking?
Post by: kevinzxz on May 28, 2021, 11:01:30 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

I recommend you to staking Ethereum if you really want to invest in Ethereum for the long term, because by staking you can get passive income and I suggest you to staking Ethereum on Binance exchange, because Binance exchange is one of the largest exchanges at the moment, so of course it's very safe and APY on Binance exchange is up to 20%, therefore I recommend you to staking Ethereum on Binance exchange, because your Ethereum will be safe and you will get passive income from staking Ethereum on Binance exchange (has a high APY).


Title: Re: Do you recommend staking?
Post by: lalabotax on May 28, 2021, 11:16:14 PM
I ever did staking several months ago and I only got very small rewards. Theproblmeis that I didn't analyze at first the rewards that I can get in one month. You know, you must consider whether it will be more profitable to stake your coin or trade it in the market so that you can get more and more profits. And about staking on Ethereum platform, ensure that the platform is reputable and trusted, never trapped on the scam.


Title: Re: Do you recommend staking?
Post by: Gayong88 on May 29, 2021, 01:14:35 AM
Previously, I saw that there were still many who had not used the excellent features offered by a platform such as staking and others, and now many people have tried it as you said. This means that we don't only focus on Capital gain but occasionally feel the power of passive income through staking, launch pool, launchpad, and maybe a few more features later. Using Etheruem it can also be done and the amount is in accordance with the terms and conditions.

You can also try it with BNB, for example, if you have BNB and you are staking the value will increase to 11 BNB at the end of the year, and if you continue the calculation will increase again.


Title: Re: Do you recommend staking?
Post by: v3liana on May 29, 2021, 02:11:40 AM
As far i know the safest staking site only on binance but i don't think they can give you big interest from staking ETH. They will pay your interest dailly, if you want to stop ur staking then only your interest will gone.


Title: Re: Do you recommend staking?
Post by: 7deadlyBTCIN on May 29, 2021, 07:56:05 AM
Staking is an easy way of getting passive income without the need of any extra equipments but the bad side of staking are

1. You are entrusting your money to centralised exchanges which can become a victim of hack someday
2. You need thousands of dollars worth of coins or tokens in staking to earn something reasonable every month or two weeks


Title: Re: Do you recommend staking?
Post by: fvb on May 29, 2021, 08:46:51 AM
Bets do so at your own risk. And yes, you need a good amount of investment to get a decent percentage. Nowadays, many exchanges are staking on their exchange tokens. I made investments in some, I think it's a normal option.


Title: Re: Do you recommend staking?
Post by: nicedreams on May 29, 2021, 11:50:02 AM
If you aren't very confident in yourself about trading or not really a day trader, then staking is the next good option for earning in crypto. There is always a catch in staking tho, that's any staking coin with too much % gain is very easily inflate and you will lose more than gain. So choosing a good coin to stake very much like investing in an altcoin.


Title: Re: Do you recommend staking?
Post by: S3300 on May 29, 2021, 03:06:18 PM
Staking is good if you have the money for it though I prefer mining coins instead because the risks are lesser this way, staking means you are giving out your money to CEX platforms for returns every month, it's risky if you ask me


Title: Re: Do you recommend staking?
Post by: carlisle1 on May 29, 2021, 03:23:16 PM
It is recommended to people who want to keep their coins for a long time, staking also has a variant depending on the type of coin, the duration of the staking time, usually the one who stakes the longest will get a large return.
If you want hold coin in long term so yes i will suggest you yo staking.

If any investors wants to hold a project for long term, sorting those staking coins and select the best one that offered realistic revenue is something to

consider, it's best to see that your investment is growing even you are just keeping it from your wallet.

It's your obligation to work things out finding the best project to invest your money, do a deeper research and always rely with your own judgement
in picking which staking project to invest your money.


Title: Re: Do you recommend staking?
Post by: Bay_Harbour_Butcher on May 29, 2021, 04:03:49 PM
Staking is a new way to get crypto coins, just like a deposit product that earns interest in a bank, but crypto staking is much higher in interest. and more interesting, but there are risks, but I still recommend it


Title: Re: Do you recommend staking?
Post by: asus09 on May 29, 2021, 04:18:29 PM
Current bitcoin price not stable I not recommended to staking your assets, bad and very risk with staking because price dump and you get loss all your assets staking, but if you have bought at higher price and cut loss is not solution this good for staking and waiting until price going up to get profit back, but if you want entry now with staking is very risk.


Title: Re: Do you recommend staking?
Post by: kevindjunaidi on May 29, 2021, 04:23:01 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

If you are planning to invest in ethereum for the long term, then of course I would definitely recommend you to staking ethereum, because you can earn money from staking ethereum, but my advice is that you should staking ethereum on a popular exchange, because it is safer (for example you can staking ethereum on Coinbase, Binance or Coinbene).


Title: Re: Do you recommend staking?
Post by: BayAngelo on May 29, 2021, 04:27:48 PM
As long as you are in for the long term. you can stake your ethereum in some projects but not all. some will encourage you to stake and then promise stakers some rewards. i must say that all my gambles in staking some of my token has left me in pains. i spend over 60usd to stake my eth in staked. today, the value of my rewards makes no sense. i may be leaving my token with them untill i got my rewards back.


Title: Re: Do you recommend staking?
Post by: Valak on May 29, 2021, 04:29:40 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

I use Binance for Staking and have never used BlockFi. But you should also pay attention to the platforms that provide Staking services. Don't just look at a high APR. There is a possibility that a high APR will put your assets at risk.


Title: Re: Do you recommend staking?
Post by: dotcoin.info on May 29, 2021, 05:52:34 PM
I think it's obvious to everyone now that staking is a wonderful thing. It is especially good with those coins that have not yet grown in value.
Staking is an excellent tool in case of a long hold, because you don't just hold, you also get additional coins. A large number of holders allows the price of your coin to stay at a stable level.


Title: Re: Do you recommend staking?
Post by: clarkt on May 29, 2021, 08:16:04 PM
Staking is at its best during bear market.  Though some will disagree that we are in bear market.  The best time to stake is when the market is down and prices are cheap.  I like to stake my coin for long term, staking long term actually relieve me of having to worry about daily price of my coin!


Title: Re: Do you recommend staking?
Post by: Xxmodded on May 30, 2021, 10:25:37 AM
Staking is at its best during bear market.  Though some will disagree that we are in bear market.  The best time to stake is when the market is down and prices are cheap.  I like to stake my coin for long term, staking long term actually relieve me of having to worry about daily price of my coin!
When market bear and we are keep holding is the worth with staking but if have much money better I trade coin than staking, many profit get from trading than staking during market good and never get any crash dump price, but when price still down is good way if you hold and keep running with staking your assets.


Title: Re: Do you recommend staking?
Post by: Pamadar on May 30, 2021, 11:10:13 AM
I think it's obvious to everyone now that staking is a wonderful thing. It is especially good with those coins that have not yet grown in value.
Staking is an excellent tool in case of a long hold, because you don't just hold, you also get additional coins. A large number of holders allows the price of your coin to stay at a stable level.


The beauty of investing with staking coin, you are not just waiting for the value to rise but you also receiving staking rewards.

It's about how you trust the project and how you manage to do your research, the more understanding you have the more chances that
you'll be able to pick the right project to invest your money, everything will depend from how you deal with information about the coin that you'll going to stake.



Title: Re: Do you recommend staking?
Post by: noah tall on May 30, 2021, 06:08:30 PM
I am sorry But I did not Recommend Stacking in My Religoin , Islam , Stacking is like a Sood and i am Not Doing Staking and also not recommendinh to anyone


Title: Re: Do you recommend staking?
Post by: leatutz on May 30, 2021, 07:52:16 PM
I am sorry But I did not Recommend Stacking in My Religoin , Islam , Stacking is like a Sood and i am Not Doing Staking and also not recommendinh to anyone
Not only is Islam against the interest of staking. Other religious people don't agree to believe it. Even ETH 2.0 support staking program over 32 Ethereum. Even from now on, 80k USD isn't a low investment because Binance coin or Bitcoin investment could return you 6 times profit. This is the main reason now that I don't support staking programs. Staking rewards are lower during the bear market.


Title: Re: Do you recommend staking?
Post by: livingfree on May 30, 2021, 08:35:34 PM
I am sorry But I did not Recommend Stacking in My Religoin , Islam , Stacking is like a Sood and i am Not Doing Staking and also not recommendinh to anyone
Stacking and staking are different.

I didn't know that staking is against the belief of your religion. If that's really not allowed in your religion, you should obey your religious rules so that you're following your faith.

And if you're not recommending it, that's fine because it is what's being said about your religion.


Title: Re: Do you recommend staking?
Post by: Xxmodded on May 31, 2021, 05:11:16 AM
I am sorry But I did not Recommend Stacking in My Religoin , Islam , Stacking is like a Sood and i am Not Doing Staking and also not recommendinh to anyone
This make me worry and confused when trying to staking coin because I see have the same way with saving money on the bank and get reward later, I see this have the same working and give more on staking. Better I try with trading and investing my money in cryptocurrency than have to stake coin.


Title: Re: Do you recommend staking?
Post by: ivankoh on May 31, 2021, 05:32:08 AM
Staking is good if you have the money for it though I prefer mining coins instead because the risks are lesser this way, staking means you are giving out your money to CEX platforms for returns every month, it's risky if you ask me
I am not interested in staking on centralized exchanges.  This is the risk and what will control their disease.  Except for dead exchanges in Turkey.  When the market drops temporarily for the retracement process.  Betting is a valuable exit, I'm betting for Sovryn and some people on Polygon.  Defi will continue to be hot.  It just needs to improve liquidity big enough with users.


Title: Re: Do you recommend staking?
Post by: onecall123 on May 31, 2021, 05:59:07 AM
Staking is at its best during bear market.  Though some will disagree that we are in bear market.  The best time to stake is when the market is down and prices are cheap.  I like to stake my coin for long term, staking long term actually relieve me of having to worry about daily price of my coin!
I understand that mate. I staked mine, as I don't plan on selling for many years.

During the bear market I have that discipline to not sell the good stuff. I’m hold and gain interest. Stake the amount you're willing to hodl, don’t plan on selling on next 2-3 years. Find other places to stake for more rewards like APY that suite to you.


Title: Re: Do you recommend staking?
Post by: PerfectCircle on May 31, 2021, 06:08:19 AM
Staking is good if you have the money for it though I prefer mining coins instead because the risks are lesser this way, staking means you are giving out your money to CEX platforms for returns every month, it's risky if you ask me
Mining is a big headache for many because you need to monitor your rigs every time to time, also you need either free electricity or cheap electricity to enjoy mining but with staking things are just easier


Title: Re: Do you recommend staking?
Post by: wajik-tempe on May 31, 2021, 06:36:43 AM
Staking would be very nice good decision if you stake a good coin. Staking ETH is definitely a very good future investment since ETH 2.0 is not just a big project but it's a huge project which supported by many communities and companies.


Title: Re: Do you recommend staking?
Post by: john1010 on May 31, 2021, 07:42:36 AM
It depends on the coin that you are going to hold for the longer time and stake, because some of the coin that offer stake always ends up devaluated, maybe you can choose a good project that has a good platform for the long run and sustainability. For me, I recommend Pancakeswap.


Title: Re: Do you recommend staking?
Post by: BOAEDAN on May 31, 2021, 07:47:16 AM
Staking is very profitable when the conditions of the exchange place are still good or green but when it collapses like this I think it is terrible if staking will only make you lose, so still be careful when you want to staking you have to look at the situation and condition of the coins at the exchange first.


Title: Re: Do you recommend staking?
Post by: the rise on May 31, 2021, 08:57:48 AM
As long as it's a site that has a serious project your investment fund will be safe, but usually staking will also soon experience impermanent loss when what you invest is down. Plus investing in ethereum has expensive transaction fees, I recommend staking SFUND if you are interested you can go directly to tosdis.


Title: Re: Do you recommend staking?
Post by: Chato1977 on May 31, 2021, 09:18:25 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
Don't you wanna try converting in Ripple XRP and stake in Binance.com? they have great offer for the said coin than Ethereum.

I have been staking mine till now and yeah it's definitely doing great.
Well staking is not a bad option but you should do some research before staking your coins like....where you want to stake your coins...several exchanges offer stakings,....whether there is a locked time things like that...then you can go for it
That's why i recommend Binance instead of that what he is asking.


Title: Re: Do you recommend staking?
Post by: the rise on May 31, 2021, 10:38:10 AM
Plenty of risk.
Ideally, you want to stake on your own wallet/pc. If you stake by sending your coin somewhere, there's always a chance you'll lose it, either by manipulation or hack.
This also goes for smart contracts, as history has shown they are not ideal

But I'm sure before we get into a coin we always do research, but I see one drawback of staking eth here, the first is a very expensive transaction fee the second there is a possibility when we staking will get impermanent loss.


Title: Re: Do you recommend staking?
Post by: Gunday_07 on May 31, 2021, 10:46:32 AM
Staking have it's disadvantages too, I'd advice you to stake usdt on binance instead because it's a stable coin, if you go with other altcoins they might lose value while your staking is still on and that my friend won't bring you a very pleasant result


Title: Re: Do you recommend staking?
Post by: gurunanakji777 on May 31, 2021, 12:35:23 PM
I believe if you have a good no of coins then you will be happy to see your rewards at the end of the day but with less amount staking is not much profitable so it is better to keep it in your wallet. If you want to still stake your coins you must be aware of the total locking period of the coins and the fee charges but I don't trust any platform I trust only on my hardware wallet. I don't take risks it is my personal opinion on the other hand if you planning to hold for the long term then you can consider staking your coins but calculate the risk as well because nothing is Sureshot in this market. Risk is always there.


Title: Re: Do you recommend staking?
Post by: Coin BTC on May 31, 2021, 02:13:56 PM
it doesn't make sense to be so brave in risking ethereum just like that, even if it's done that's why there must be a profitable sales system, if you make a mistake and don't meet the predetermined conditions it will definitely result in losing coins or tokens


Title: Re: Do you recommend staking?
Post by: speedforce on June 06, 2021, 03:10:30 PM
I am sorry But I did not Recommend Stacking in My Religoin , Islam , Stacking is like a Sood and i am Not Doing Staking and also not recommendinh to anyone
Not only is Islam against the interest of staking. Other religious people don't agree to believe it. Even ETH 2.0 support staking program over 32 Ethereum. Even from now on, 80k USD isn't a low investment because Binance coin or Bitcoin investment could return you 6 times profit. This is the main reason now that I don't support staking programs. Staking rewards are lower during the bear market.

Staking isnt forbidden in islam, but becareful theres many kind of staking program in the market, something like staking for PoS purposes (to strengthen the network) its permitted.
The one that i believe forbidden is staking on exchange, because they use it to provide the liquidity (manipulate market) or lend the money to traders (margin) (so the interest come from something not good).


Title: Re: Do you recommend staking?
Post by: TWW on June 06, 2021, 03:18:17 PM
I am sorry But I did not Recommend Stacking in My Religoin , Islam , Stacking is like a Sood and i am Not Doing Staking and also not recommendinh to anyone
Not only is Islam against the interest of staking. Other religious people don't agree to believe it. Even ETH 2.0 support staking program over 32 Ethereum. Even from now on, 80k USD isn't a low investment because Binance coin or Bitcoin investment could return you 6 times profit. This is the main reason now that I don't support staking programs. Staking rewards are lower during the bear market.

Staking isnt forbidden in islam, but becareful theres many kind of staking program in the market, something like staking for PoS purposes (to strengthen the network) its permitted.
The one that i believe forbidden is staking on exchange, because they use it to provide the liquidity (manipulate market) or lend the money to traders (margin) (so the interest come from something not good).
I'm not sure about staking which is considered something that is not allowed in religion. to be honest this seems something racist to me when we talk about religious finances. All banks know how to save money to get certain agreed benefits.
if we look at it from a religious perspective, it could also be that trading in the crypto market is something wrong in the trading principles of religion. because indeed an agreement is made between the seller and the buyer without knowing the person and the actual goods. there is a high possibility that one party will feel disadvantaged.
therefore when talking about digital finance. maybe it would be better not to associate it with religion. this is going to be very complicated.


Title: Re: Do you recommend staking?
Post by: SaShiRaJaVu on June 06, 2021, 03:31:23 PM
I'm not sure about staking which is considered something that is not allowed in religion. to be honest this seems something racist to me when we talk about religious finances. All banks know how to save money to get certain agreed benefits.
There is no point in mixing finance and religion, if one things that they cannot use banking or any financial services due to religious reason that is weird but still they have the choice to make their decision on what they do with their money.

I am not a huge fan of staking and i am yet to risk my coins giving liquidity to new projects and till now i never thought about staking any coins but if i find any promising project without any risk i might try them in the future.


Title: Re: Do you recommend staking?
Post by: Alert31 on June 06, 2021, 03:35:48 PM
I am sorry But I did not Recommend Stacking in My Religoin , Islam , Stacking is like a Sood and i am Not Doing Staking and also not recommendinh to anyone
Not only is Islam against the interest of staking. Other religious people don't agree to believe it. Even ETH 2.0 support staking program over 32 Ethereum. Even from now on, 80k USD isn't a low investment because Binance coin or Bitcoin investment could return you 6 times profit. This is the main reason now that I don't support staking programs. Staking rewards are lower during the bear market.

Staking is better than holding but risk is always there, of course. If you stake your token in some exchanges, it might be hack because you don't owned a private key. If you are devoted in your religious group and you know that staking or trading is against in your religion, I think it will be complicated, unless you will not follow your religious doctrine. You know, religious group sometimes is unreasonable. They think that investing in cryptocurrency is bad or evil deeds. They don't think that as the time goes by, there are new technologies being discovered.


Title: Re: Do you recommend staking?
Post by: Tigerheart3026 on June 06, 2021, 04:15:58 PM
i holding a few bounty coins, when i see those project staking is launched their own platform and staking in top ranking centralized exchanges where this coin listed, i was staked Ampeay for 90 days good APY, yesterday i connected with a new farming platform with Ispolink coin for next 3 months.


Title: Re: Do you recommend staking?
Post by: BintangBuleun on June 06, 2021, 07:52:20 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

I think you can stake on Binance. There it will be safer than the others. Binance is trusted, and used by many people. If at any time the price of Ethereum increases, you can Unstake, and sell it, without having to wait for confirmation from the platform.


Title: Re: Do you recommend staking?
Post by: Kehindem on June 06, 2021, 07:56:11 PM
I think it's good, because staking of the means of earning passive income, ftx exchange is also good as regards to staking Ethereum, but my advice use the platform that you can get along with, that everything look simple to you not complex i.e you must understand everything about them.


Title: Re: Do you recommend staking?
Post by: budlo on June 06, 2021, 08:14:19 PM
The safest thing to do is staking stablecoins with or without a pair. But the interest rate will not be high. It is also worth considering in which network the stating will take place and the site itself. The risks of losing everything remain great


Title: Re: Do you recommend staking?
Post by: dexter141 on June 06, 2021, 08:15:24 PM
Stacking is good, but you need to invest a lot of money in it, otherwise you will earn pennies, the more you invest, the more you will earn. In my opinion, it is better to invest in Ico, invested money, the marker went to the exchange, sold, took off X.


Title: Re: Do you recommend staking?
Post by: budlo on June 13, 2021, 09:03:03 PM
At least it should not be the main investment vehicle. For diversifying risks in a falling market, this option looks very attractive. The percentages are lower, but at least they are.


Title: Re: Do you recommend staking?
Post by: camat gampong on June 13, 2021, 09:07:09 PM
At least it should not be the main investment vehicle. For diversifying risks in a falling market, this option looks very attractive. The percentages are lower, but at least they are.
Then can it not be done when the market is rising? because what I see when the market is up, almost anything can be done well, in contrast to when the market is down where everything is not suitable to be done.


Title: Re: Do you recommend staking?
Post by: cabalism13 on June 13, 2021, 09:08:19 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
I'd rather search for another one which has other rewards and high APY, as its too low for that, it is not worth it for holding such for a long term and the return is so tiny, you can actually get that just by day trading lol, if you ask me I'll just trade it. But if you can find some other staking platforms that can offer high yields then you should try them out even just for a month, but that also depends as there are also scam websites out there.


Title: Re: Do you recommend staking?
Post by: CaptainCrapper on June 14, 2021, 02:28:10 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
Yes, I recommend a staking system. cause when market too much dump we can get good something by staking system. we can recover our loss by staking.


Title: Re: Do you recommend staking?
Post by: budlo on June 20, 2021, 07:36:58 PM
At least it should not be the main investment vehicle. For diversifying risks in a falling market, this option looks very attractive. The percentages are lower, but at least they are.
Then can it not be done when the market is rising? because what I see when the market is up, almost anything can be done well, in contrast to when the market is down where everything is not suitable to be done.
In a growing market, there are far better opportunities to raise capital than staking. For me, this option is more acceptable when you are trying to save and increase your capital with the help of stablecoins.


Title: Re: Do you recommend staking?
Post by: seoincorporation on June 20, 2021, 08:42:06 PM
Yes, I recommend a staking system. cause when market too much dump we can get good something by staking system. we can recover our loss by staking.

Some staking coins have a hard crash, close to 90%, and that's hard to recover by staking because most of the coins give between 5% and 10% each year, so, staking is not a recovery warranty.

Is better to hold coins that will rise in the future than staking coins with a risky future.


Title: Re: Do you recommend staking?
Post by: DarkDays on June 20, 2021, 08:49:54 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

I think you can stake on Binance. There it will be safer than the others. Binance is trusted, and used by many people. If at any time the price of Ethereum increases, you can Unstake, and sell it, without having to wait for confirmation from the platform.
I think it is worth staking coins that you're thinking to take a long-position on. There are many places where you can stake, again, it is a matter of shopping around to find the best provider while Binance is a good start they have started dropping their ROI rates by quite a lot, so it's worth looking around. And for sure staking is a way to get something back on a coin you want to hold for a while.


Title: Re: Do you recommend staking?
Post by: livingfree on June 20, 2021, 09:30:38 PM
Some staking coins have a hard crash, close to 90%, and that's hard to recover by staking because most of the coins give between 5% and 10% each year, so, staking is not a recovery warranty.

Is better to hold coins that will rise in the future than staking coins with a risky future.
This is why choose coins that can be staked and as well as known coins so that it won't just crash that a lot.

Crashing to 90% for a coin usually happens for those coins that can easily be manipulated by the whales. But if you're staking a coin that's very common, you can get some losses but not up to the point of 90%.

But I agree that it's better to hold coins that are too risky so you can trade it once there's a quick dump.


Title: Re: Do you recommend staking?
Post by: Shallow on June 20, 2021, 09:37:44 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

Basing my opinion on your title and talking in the aspect of staking as a whole, I would say that staking is very good but there are conditions to be aware of. The first condition is the platform that the staking will take place on, that is, how secure is the platform, are the team anonymous and how experienced and committed are they?; if all these ticks positively then staking is good on that platform.
The second is of course the APR, if a platform offers low APR, that will discourage users and that platform will not grow, thus making staking on such platforms a waste of time.
So the idea is, find a platform worthy of staking on, make sure it is a trusted platform and not those offering very high and unrealistic APR, which do not look sustainable on that long run and you might end up losing a lot. I would still maintain that staking is good.


Title: Re: Do you recommend staking?
Post by: no-ice-please on June 20, 2021, 10:34:49 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

Basing my opinion on your title and talking in the aspect of staking as a whole, I would say that staking is very good but there are conditions to be aware of. The first condition is the platform that the staking will take place on, that is, how secure is the platform, are the team anonymous and how experienced and committed are they?; if all these ticks positively then staking is good on that platform.
The second is of course the APR, if a platform offers low APR, that will discourage users and that platform will not grow, thus making staking on such platforms a waste of time.
So the idea is, find a platform worthy of staking on, make sure it is a trusted platform and not those offering very high and unrealistic APR, which do not look sustainable on that long run and you might end up losing a lot. I would still maintain that staking is good.

The first issue you raise is a really important one. There is another thread here somewhere discussing all the hacks that have happened in DeFi just recently. I didn't even know that these DeFi platforms are so prone to attacks.

And guess what: most of them have been audited by reputable code audit companies. That doesn't seem to be the holy grail either. Staking is a risk and make sure you don't lock your funds up for too long. There is opportunity cost involved and the time span also increases the likelihood of getting attacked at some point. If the platform is secure and the guaranteed APR is good, why not, but the space is moving so fast that to me staking sometimes feels like a waste of time.


Title: Re: Do you recommend staking?
Post by: fielkun on June 21, 2021, 04:43:44 AM
May I entice you to check on Stakenet's multiple staking solutions that provide an option for everyone, no matter how much XSN (the native coin of Stakenet) they own or their technical expertise. There is no limit to how much XSN you need to begin staking so you could start with just 1 XSN if you wish.

These are the Staking options that Stakenet provide:
- XSN Cloud Pooled Staking
- Normal Wallet Staking
- Cold Staking (TPoS)

For more information, check out their official site: stakenet.io


Title: Re: Do you recommend staking?
Post by: yazher on June 21, 2021, 04:57:56 AM
The last time I've checked about staking is the project itself needs to be realistic because some scammers take advantage of the current trend. they create such promising coins and when there's a lot of investors they quickly turned it to pump and dump. this project is no exception to scammers so you better be careful. I don't recommend going for the random stake coins even though they are cheap in price at their presale. it is better to always avoid such kind of project and look for a huge list of opportunity in the crypto industry.


Title: Re: Do you recommend staking?
Post by: Blowon on June 21, 2021, 05:25:19 AM
Now being popular with farming, it's similar to staking but faster, and you can take your capital at any time. I suggest to farming SFUND in tosdis their project is good, has a good path as well as development. I also farm there, even many of my friends earn very decent from farming sfund.


Title: Re: Do you recommend staking?
Post by: laohe628 on June 21, 2021, 06:46:42 AM
Now being popular with farming, it's similar to staking but faster, and you can take your capital at any time. I suggest to farming SFUND in tosdis their project is good, has a good path as well as development. I also farm there, even many of my friends earn very decent from farming sfund.
I better like farming too,comparing to stake,i like farming the way that i can take my capital at any time.So my conclusion is i do not recommend staking.


Title: Re: Do you recommend staking?
Post by: bitbollo on June 21, 2021, 07:46:25 AM
I am actually staking some coins with kraken. Probably I am doing wrong since "not my keys not my coins" but there is invested less then 0,1 % of my entire crypto portfolio. Why It can be recommend? It can be recommend if you have trust and interest in a coin, and you have some money ready to be parked.
With recent change on the market (pump and dump) of some of these coins staked, it would be un-profitable make any withdraw. But in certain period of time it can be really profitable since there is a double incentive, from the value of token and from coins received.


Title: Re: Do you recommend staking?
Post by: ahmia39 on June 24, 2021, 02:08:29 PM
if you don't intend to do anything with your ETH then staking can be the right choice, but if you trade frequently and are not used to storing coins for a long time then trading is better.
Staking takes quite a long time to start making profits,and with a large amount in order to get a greater ROI too.
Trading also sometimes takes a long time so that someone can get more profit because it is very rare for trading in the short term to get bigger results, so this both takes time, although not always the same.


Title: Re: Do you recommend staking?
Post by: devil2man on June 24, 2021, 06:49:21 PM
given the relatively low value of eth obviously it is not worthwhile to sell it but to move towards staking but my advice is maybe to prefer lower interests / api but on safe sites you can get an idea of ​​the various staking sites here https://www.coingecko.com/it/earn/ethereum


Title: Re: Do you recommend staking?
Post by: tabas on June 24, 2021, 08:02:35 PM
given the relatively low value of eth obviously it is not worthwhile to sell it but to move towards staking but my advice is maybe to prefer lower interests / api but on safe sites you can get an idea of ​​the various staking sites here https://www.coingecko.com/it/earn/ethereum
There's still no staking yet for Ethereum unless you move it to exchanges or join those pools that offers it. But as an individual, do you really think that it's fine to stake Ethereum on those exchanges?
Well for me it's not. I'll wait until a wallet that I use starts to support or offer Ethereum staking. Because it is where I'm able to hold my keys and when you send it to exchanges and stake it, you don't hold your keys.


Title: Re: Do you recommend staking?
Post by: Oilacris on June 24, 2021, 09:20:13 PM
given the relatively low value of eth obviously it is not worthwhile to sell it but to move towards staking but my advice is maybe to prefer lower interests / api but on safe sites you can get an idea of ​​the various staking sites here https://www.coingecko.com/it/earn/ethereum
There's still no staking yet for Ethereum unless you move it to exchanges or join those pools that offers it. But as an individual, do you really think that it's fine to stake Ethereum on those exchanges?
Well for me it's not. I'll wait until a wallet that I use starts to support or offer Ethereum staking. Because it is where I'm able to hold my keys and when you send it to exchanges and stake it, you don't hold your keys.
Ethereum or not then it doesnt really matter, i dont see the worth of staking out your coins into other platforms which you dont really possess the keys where i do considered to be risky most of the time and heck you would able to earn those interest if you do just simply hold off your coins into your own wallet due to volatility.

I cant really afford on leaving out my coins into leaving into some exchangers or platforms just for you to earn 10-15% APY which is the maximum i have ever seen.

You can really make out your own calculations plus with the risk that you would be facing off if you do really tend into this venture.


Title: Re: Do you recommend staking?
Post by: Renampun on June 24, 2021, 09:31:38 PM
Staking is better than holding. If you hold any stackable token/coin for long term. Then it’s better to stake that. Cz, You will get some staking reward from it and you still a holder of that asset.

Staking is very helpful for holders who plan to long term hold...

Some large exchange sites and also some gambling platforms provide many coin staking features to their users and that can be a good option. I staking BTC on Binance because I hold it long-term, the results may still be small at this time but I am confident with the growth.


Title: Re: Do you recommend staking?
Post by: gundala on June 24, 2021, 10:59:05 PM
I think that staking is a huge advantage for those who start early as the percentages will be higher but at the same time I think it will be a valid solution even for the long term, passive income can give you financial freedom.
Coin staking is indeed suitable for people who have a hodler spirit. Staking usually requires users to hold their assets on the platform for a certain period of time, during which time the assets cannot be withdrawn. yes, if you intend to be a hodler then staking is very effective, because you can get additional assets. but really pay attention to the platform that will be used, make sure it is really safe and official.
all strategies must have advantages and disadvantages, understand the risks to face the worst possibility.


Title: Re: Do you recommend staking?
Post by: otundebis on June 24, 2021, 11:05:28 PM
I definitely recommend staking,  staking is good and will increase your holding over time.  Before you join any staking program however,  such coin and staking platform must be fully audited,  it must also must have had the team renounced their contract  for proper transparency and fairness.  The platform of such staking must be decentralized as well to avoid manipulations!


Title: Re: Do you recommend staking?
Post by: kawetsriyanto on June 24, 2021, 11:59:08 PM
I commonly do it in Binance or other trusted exchanges. Actually, I am not interested in staking. However, during this crash market, I try to stake some coins. I think that it may be better than letting it only in my wallet without going to sell because the price is still very dropped. So, I personally say that it may be good in certain conditions.
however, if you are an active trader and you don't lose your money, it may be better to use your coins for trading than staking. because the profits or results will be more profitable trading. but once more, it will depend on how you are trading.


Title: Re: Do you recommend staking?
Post by: john1010 on June 25, 2021, 01:07:19 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

You need to look on the APR/APY of the stake the site has offered, plus the fact that when you begin to stake you need to lock up your eth in several days and during that day you can never use or withdraw your token while in the stake process, there are site that there is no lockup period anyday you can withdraw your coin, but always remember that there's always a risk in doing staking, because you can lend your coin onto them, make sure the site you are using is legit.


Title: Re: Do you recommend staking?
Post by: electronicash on June 25, 2021, 01:57:59 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

You need to look on the APR/APY of the stake the site has offered, plus the fact that when you begin to stake you need to lock up your eth in several days and during that day you can never use or withdraw your token while in the stake process, there are site that there is no lockup period anyday you can withdraw your coin, but always remember that there's always a risk in doing staking, because you can lend your coin onto them, make sure the site you are using is legit.

don't put all your trust in those centralized projects like that blockfi. it's not worth losing your coins than earning a few percentages a year. this is almost like storing your ETH to an exchange when you do that, no different to staking offering by the exchanges.

i think going for the projects that are intended for staking is your best option instead like DOT and ADA being the ranked tokens.



Title: Re: Do you recommend staking?
Post by: ahmia39 on June 25, 2021, 03:37:23 PM
I think that staking is a huge advantage for those who start early as the percentages will be higher but at the same time I think it will be a valid solution even for the long term, passive income can give you financial freedom.
Yes, but the staking program also has certain restrictions on what to buy, so not everyone can get it, because the late ones won't be able to join the program, so it's not just about solutions for passive income but also for who is faster in this regard.


Title: Re: Do you recommend staking?
Post by: tabas on June 25, 2021, 10:08:49 PM
given the relatively low value of eth obviously it is not worthwhile to sell it but to move towards staking but my advice is maybe to prefer lower interests / api but on safe sites you can get an idea of ​​the various staking sites here https://www.coingecko.com/it/earn/ethereum
There's still no staking yet for Ethereum unless you move it to exchanges or join those pools that offers it. But as an individual, do you really think that it's fine to stake Ethereum on those exchanges?
Well for me it's not. I'll wait until a wallet that I use starts to support or offer Ethereum staking. Because it is where I'm able to hold my keys and when you send it to exchanges and stake it, you don't hold your keys.
Ethereum or not then it doesnt really matter, i dont see the worth of staking out your coins into other platforms which you dont really possess the keys where i do considered to be risky most of the time and heck you would able to earn those interest if you do just simply hold off your coins into your own wallet due to volatility.

I cant really afford on leaving out my coins into leaving into some exchangers or platforms just for you to earn 10-15% APY which is the maximum i have ever seen.

You can really make out your own calculations plus with the risk that you would be facing off if you do really tend into this venture.
It is what I've said and explained that even if the APY is very interesting and quite high for you to consider. It's easier to keep your Ethereum on your own.
Than to let the exchanges hold it for you with that little return they give.


Title: Re: Do you recommend staking?
Post by: BayAngelo on June 25, 2021, 10:12:53 PM
yeah, i do recommend staking but make sure you stake in the right place. there are top exchanges that has staking campaigns on going. binance, okex and tope tier exchanges are conducting different aspect of staking. i suggest you stick with them. do not use sharedstake or any staking platform. they might disappear with your funds. there has been recent rugpulls and loss stories surrounding some platforms that offers staking services.


Title: Re: Do you recommend staking?
Post by: Hypnosis00 on June 25, 2021, 10:46:29 PM
yeah, i do recommend staking but make sure you stake in the right place. there are top exchanges that has staking campaigns on going. binance, okex and tope tier exchanges are conducting different aspect of staking. i suggest you stick with them. do not use sharedstake or any staking platform. they might disappear with your funds. there has been recent rugpulls and loss stories surrounding some platforms that offers staking services.
That's it, I do recommend staking as another way to make a profit without doing anything, it was just similar to holding. And since we are relying on a third party, the risk is high that is why choosing reputable exchanges is very important otherwise, we fully lost control of our funds.

I only use Binance for this (I'd never try Okex and other exchanges), well, the result is not really overwhelming especially when you just stake small amounts but if you stake big amounts, you will certainly think that this is enough.

Only the same rule in investing...Just stake the amount that you can afford to lose. The situation is so volatile, so you can't expect that your money will grow fast.


Title: Re: Do you recommend staking?
Post by: kramchers on June 25, 2021, 11:18:18 PM
In my own assessment, staking nowadays I think is a good opportunity to apply now. Especially, now Staking or farming was very trending under BSC platform. And one of these are BSW, CAKE, and more. So far these two are good to me and has a potentials to increase more
in the future as well.


Title: Re: Do you recommend staking?
Post by: carlisle1 on June 26, 2021, 12:08:19 AM
if you don't intend to do anything with your ETH then staking can be the right choice, but if you trade frequently and are not used to storing coins for a long time then trading is better.
Staking takes quite a long time to start making profits,and with a large amount in order to get a greater ROI too.

You need to realized that it isn't the quick way to earned but it's a good passive way in the long run,
if you have good spare amount of money and you are willing to hold it for much longer time,

Instead of keeping it with stable coin or keep it from your wallet, learning how staking works will give you good idea if you are capable of holding,

it needs you to work it out in finding the right coins to stake and earned.



Title: Re: Do you recommend staking?
Post by: m.rifki on June 26, 2021, 10:40:40 AM
if you don't intend to do anything with your ETH then staking can be the right choice, but if you trade frequently and are not used to storing coins for a long time then trading is better.
Staking takes quite a long time to start making profits,and with a large amount in order to get a greater ROI too.
Trading also sometimes takes a long time so that someone can get more profit because it is very rare for trading in the short term to get bigger results, so this both takes time, although not always the same.
But maybe for some people deliberately trading with a certain period of time, because I once saw someone in front of the computer for 5 hours to trade, and either it was just a coincidence or indeed his prediction was very good so he made a pretty big profit.


Title: Re: Do you recommend staking?
Post by: Serco on June 26, 2021, 11:00:35 AM
if we hold good coins in market and price could maintain due developers developtment, i my opinion staking could be good decision for us. we will have two benefit when staking good projects, first from yearly return and second for staking periode price could rise due demand on staking pool. but mostly it work in good project


Title: Re: Do you recommend staking?
Post by: awik p on June 26, 2021, 11:02:11 AM
if you don't intend to do anything with your ETH then staking can be the right choice, but if you trade frequently and are not used to storing coins for a long time then trading is better.
Staking takes quite a long time to start making profits,and with a large amount in order to get a greater ROI too.

You need to realized that it isn't the quick way to earned but it's a good passive way in the long run,
if you have good spare amount of money and you are willing to hold it for much longer time,

Instead of keeping it with stable coin or keep it from your wallet, learning how staking works will give you good idea if you are capable of holding,

it needs you to work it out in finding the right coins to stake and earned.


Staking is suitable for long-term investment, in addition to investing, we will also get the free coins, so the number of our coins will always increase. this is very profitable if when our time is finished, and the coins increase, at that time the price soars, so we will get double profit from staking itself, and increase the price


Title: Re: Do you recommend staking?
Post by: BitTraderCute on June 26, 2021, 11:06:50 AM
if you don't intend to do anything with your ETH then staking can be the right choice, but if you trade frequently and are not used to storing coins for a long time then trading is better.
Staking takes quite a long time to start making profits,and with a large amount in order to get a greater ROI too.

You need to realized that it isn't the quick way to earned but it's a good passive way in the long run,
if you have good spare amount of money and you are willing to hold it for much longer time,

Instead of keeping it with stable coin or keep it from your wallet, learning how staking works will give you good idea if you are capable of holding,

it needs you to work it out in finding the right coins to stake and earned.


Staking is suitable for long-term investment, in addition to investing, we will also get the free coins, so the number of our coins will always increase. this is very profitable if when our time is finished, and the coins increase, at that time the price soars, so we will get double profit from staking itself, and increase the price
we have to look staking return and how the tokenomic will work. so dont focus on yearly yield only , but research is there any token utility that will make token price rise. most of project only rely on APY rate to attract traders stake their token and forget about another factors. personally i will look about the tokenomic and if its good maybe i will stake my token.


Title: Re: Do you recommend staking?
Post by: anonymsb on June 28, 2021, 04:52:30 PM
Yes, I recommend staking. Staking crypto has emerged as an extremely in style thanks to earning investment financial gain within the crypto-asset markets. However, like all kinds of finance, staking doesn't return while not its risks. crypto staking sometimes involves the user is rewarded with stakes for approving valid transactions. On the flip facet, just in case users nemine contradicente vote to approve extrajudicial transactions, users can lose a part of all of their stakes. cryptocurrency staking refers to “locking up” a digital quality to act as a validator in a very suburbanized crypto network to confirm the network's integrity, security, and continuity. As AN incentive for serving to secure the network, stakers (validators) are rewarded with recently minted cryptocurrency.
 
Unlike alternative modes of crypto investments that need constant activity to come up with a financial gain, staking doesn’t need users to vote to approve transactions. this can be as a result of most transactions on staking platforms ar approved mechanically. However, staking rules vary from one platform to a different one. The rewards are then shared among the pool members to support their contributions. Proof of stake is mostly a state of affairs wherever a crypto network achieves distributed agreement. The process is believed to be effective in strengthening a blockchain network, therefore, rewards from the network. Therefore, the additional you purchase and hold coins on the network, the additional you earn.

It's time you are trying out staking. Besides earning passive financial gain, staking helps you build a property supply of financial gain. All you wish to try to do is purchase crypto and hold it in your case. The longer you hold, the additional you receive rewards. This way, you not solely secure your crypto however additionally avoid risks related to fulminant value shifts. to realize the most effective out of staking, it's necessary to seek out out coins with the very best rewards. a bit like any typical commerce platform, the worth of crypto varies from one coin to a different. Choosing the foremost profitable is right in generating additional financial gain from your holding. Crypto staking helps you earn passive financial gain through staking on numerous coins. Therefore, it's necessary to see the foremost profitable coins before you choose to stake on any of them. For more about staking https://vcashpay.com/ (https://vcashpay.com/)

 


Title: Re: Do you recommend staking?
Post by: capcaypro on June 28, 2021, 07:14:16 PM
Staking is actually very good but it takes patience for it and if you start here you must be prepared to hold coins for a long period of time, because in staking you have to be strong in holding and it takes quite a lot of time for you to profit. but this is better than nothing.
but if you want something else I think if you are good at trading why should you do staking because I think trading is better but if you are not good at trading then staking can be an option


Title: Re: Do you recommend staking?
Post by: Chuky92 on June 28, 2021, 07:28:01 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

There are many opportunities and features in the crypto space in recent times now, and staking is one of them, actually it is becoming the next big thing nowadays as many coins now have staking capabilities, and you can actually stake a certain coin to earn another, so I would say from what has been obtainable for a long time now, Yes, staking is recommended.
Also, it would be very important to add that, although staking is recommended (maybe from my own angle), not all platforms are recommended for staking. That is, since it's about staking your coins, then that staking platform needs to be verified and genuine so that there won't be exit scam or security issues which will lead to loss of funds.
With this said, I don't know enough about the platform you want to stake your ETH, but make more findings to know how secure and genuine it is, then you can stake. Also, be careful of any platform that offers very high APR, sometimes they can be scams.


Title: Re: Do you recommend staking?
Post by: Alanaz on June 28, 2021, 07:45:13 PM

Trading also sometimes takes a long time so that someone can get more profit because it is very rare for trading in the short term to get bigger results, so this both takes time, although not always the same.
everything is the same but for staking I think it will take more time than trading even though trading also sometimes takes time if you want to get bigger profits, but if you look at the rough picture, trading is more promising than staking because here we are free to do what we want. I want to trade and I also think it's simpler.
but regardless of which one is better both are very worth doing if you want to get a lot of profit


Title: Re: Do you recommend staking?
Post by: aditasetia123 on June 28, 2021, 10:53:55 PM
Staking is actually very good but it takes patience for it and if you start here you must be prepared to hold coins for a long period of time, because in staking you have to be strong in holding and it takes quite a lot of time for you to profit. but this is better than nothing.
but if you want something else I think if you are good at trading why should you do staking because I think trading is better but if you are not good at trading then staking can be an option
if we are long term investors and trapped in bearish trend , maybe staking could be our choice. we will gain yearly yield from staking pool and also we will not panic if looking assets value. for conservative investors staking could be their choice to avoid losing money in trade.


Title: Re: Do you recommend staking?
Post by: cabron on June 28, 2021, 11:03:42 PM

Although the value of the token will keep going down, staking still and holding these tokens will give profit when the bear market ends. I still could recommend staking particularly to the investors with plans in holding for a very long time. If you compare staking to saving USD in the bank, staking is way beneficial for long-term investors.

Definitely, I recommend betting with DIVI as an ally to make it an easy-to-use currency, with use cases, a smart wallet for DIVI, BTC, ETH and LTC exchanges, it also makes staking easy to execute, which for me the makes one of the best wallets on the market and now listed on @kucoincom .... For all these reasons I will continue to do so.

DIVI isn't a project that has solid plans, it's not even a top project. I doubt it will gain more holders.


Title: Re: Do you recommend staking?
Post by: chaser15 on June 28, 2021, 11:08:21 PM
I recommend staking but people have to understand the risks for it. There is also a chance that even staking for long, it won't give a good return.

As much as possible, before throwing money on staking, always do a hard research the same as how we choose our coins to trade.

It's not an easy passive income to be considered so it's a must thing to do to research deeply.


Title: Re: Do you recommend staking?
Post by: Shasha80 on June 28, 2021, 11:17:40 PM
I recommend staking but people have to understand the risks for it. There is also a chance that even staking for long, it won't give a good return.

As much as possible, before throwing money on staking, always do a hard research the same as how we choose our coins to trade.

It's not an easy passive income to be considered so it's a must thing to do to research deeply.

I agree that staking also has the same risk as trading, so good analytical skills are needed, to be able to determine good coins for staking.
Choose the wrong coins, then we will definitely fail and lose money. It is not easy to stake, it requires experience and knowledge.
But if we can do research and analysis well, staking can become passive income that will make our money continue to grow.


Title: Re: Do you recommend staking?
Post by: Xampeuu on June 29, 2021, 07:18:51 AM
I recommend staking but people have to understand the risks for it. There is also a chance that even staking for long, it won't give a good return.

As much as possible, before throwing money on staking, always do a hard research the same as how we choose our coins to trade.

It's not an easy passive income to be considered so it's a must thing to do to research deeply.

I agree that staking also has the same risk as trading, so good analytical skills are needed, to be able to determine good coins for staking.
Choose the wrong coins, then we will definitely fail and lose money. It is not easy to stake, it requires experience and knowledge.
But if we can do research and analysis well, staking can become passive income that will make our money continue to grow.
in essence we do have to understand the risk, so that we are consciously staking. If we are lucky, staking has several advantages, but if we are not lucky then we have to bear the risk, especially for a certain time, the term is frozen assets, and we can see if high fluctuations occur.


Title: Re: Do you recommend staking?
Post by: gurunanakji777 on June 29, 2021, 12:28:24 PM
I usually don't take the risk to stake my coins on any website or exchange whether it's genuine or not because I only trust my hardware wallet to secure my coins So I always control myself no to do staking because If the website scam us we will lose all Ethereum so I don't take the risk for a small amount of interest even its not much profitable for a small investor. If you have 40-50 eth to stake then you can earn good interest but the risk is always there if any mishappening there so due diligence before taking any decision.


Title: Re: Do you recommend staking?
Post by: distr@yopmail.com on June 29, 2021, 01:13:08 PM
I usually don't take the risk to stake my coins on any website or exchange whether it's genuine or not because I only trust my hardware wallet to secure my coins So I always control myself no to do staking because If the website scam us we will lose all Ethereum so I don't take the risk for a small amount of interest even its not much profitable for a small investor. If you have 40-50 eth to stake then you can earn good interest but the risk is always there if any mishappening there so due diligence before taking any decision.
from what you say I can see you are a holder. You don't like staking or trading because you prefer to keep your assets in your personal wallet. it is safer and without risk. but that's not what the OP meant.
the research will definitely be done for every action that is risking our money. such as staking itself, many people have done it and benefited from the investment made rather than just holding it in the wallet.
the problem is only in our trust in the staking system and site on a single platform.

I am staking CAKE and NMX myself. I will remain calm because what I use is the money from the campaign. it's not huge but I believe both platforms and their assets will not disappear in the market. Pancakes and nominex have developed quite well in the crypto market. no doubt for me.


Title: Re: Do you recommend staking?
Post by: unusualfacts30 on June 29, 2021, 01:45:18 PM
Staking is a great way to earn passive income while hodling your tokens for long term. Use hardware wallet instead of exchange to get maximum security. I definitely recommend staking that comes with benefits of big rewards for stakers. It's not so simple, there are so many tokens that offers great rewards but some of them lose value even when you are staking. That's not really beneficial.


Title: Re: Do you recommend staking?
Post by: breathlessz on June 29, 2021, 02:52:45 PM
Like trading, staking also has risks. but indeed by staking the number of our coins will increase, we will get free coins, or passive income, but there are many cases where the price of the coin actually drops, therefore before we do staking, you should research the project so that the risk can be minimized


Title: Re: Do you recommend staking?
Post by: aditasetia123 on June 29, 2021, 10:37:33 PM
Like trading, staking also has risks. but indeed by staking the number of our coins will increase, we will get free coins, or passive income, but there are many cases where the price of the coin actually drops, therefore before we do staking, you should research the project so that the risk can be minimized
staking will have risk if our coin price drop alot , and its return for staking could not cover price volatility. APY return depend on developers team , and good project only give less than 10% a year. Staking suitable for long term purpose which is price volatility will ignored , usually long term investors will use this strategy.


Title: Re: Do you recommend staking?
Post by: finaleshot2016 on June 29, 2021, 11:55:57 PM
If you have a lot of ETH, I recommend staking since it will be simpler for you to get passive income each month because you have so much, and it will be beneficial while you wait for the market to rebound. But keep in mind that staking comes with a risk; it necessitates timing in terms of where you will stake your money because you cannot TP out your staked assets, especially during a market fall. So, if you have a lot of assets, go staking; if you only have a few, consider spot trading or investing more to make it more rewarding.


Title: Re: Do you recommend staking?
Post by: laohe628 on June 30, 2021, 08:34:48 AM
If you're the kind of person who doesn't care about the price of the coins, but only the number of them, then the stake method is perfect for you. But if it's not, then you might want to think about it, because sometimes the value of the currency falls far more than the profit you get from it.


Title: Re: Do you recommend staking?
Post by: Mahanton on June 30, 2021, 06:20:14 PM
I think staking is very good when you still have capital and of course you apply it for long-term investment, because the results of staking will look longer than trading, do staking in a safe place and don't let you lose access to the assets you use for stake.
Then where you do stake out your funds? For sure it would really be into those 3rd party platforms which i dont really consider out the risk when it comes to that.You wouldnt know on when they would ran off with their investors funds which had been always the main issue when it comes to this unless those staking would really happen on your own wallet then that would be considerable but when you do leave out those funds into an exchange or some platform then its a big NO for me and i dont see for it to be worth for the risk.So i dont really recommend this stuff and to think about the interest that you would possibly gain in a year time
then it is really that worth? I dont think so,.. Simply holding earning is just much way more better.


Title: Re: Do you recommend staking?
Post by: Silver80 on June 30, 2021, 06:57:28 PM
I haven't tried it but if you have a little more you should play at a tesmi place like https://ethereum.org/en/eth2/staking/


Title: Re: Do you recommend staking?
Post by: Danslip on June 30, 2021, 07:21:35 PM
Like trading, staking also has risks. but indeed by staking the number of our coins will increase, we will get free coins, or passive income, but there are many cases where the price of the coin actually drops, therefore before we do staking, you should research the project so that the risk can be minimized
It doesn't matter you are making investing, trading and staking have risks, but staking has more risks than both of them, and more than that you can make great money from investing or trading if you spend enough time. However it is something different about staking, it depends on your chance, if you are a really lucky man, you can earn money from staking.  Unless you have no experience in trading, better to learn the secrets of trading cryptocurrencies before trying your luck on market. The gambling version of trades is not good idea if you don't know what you are doing.


Title: Re: Do you recommend staking?
Post by: tabas on June 30, 2021, 09:12:49 PM
I think staking is very good when you still have capital and of course you apply it for long-term investment, because the results of staking will look longer than trading, do staking in a safe place and don't let you lose access to the assets you use for stake.
And there are exchanges that offers staking and this is being chosen by many investors. It's fine on their end but they don't realize that they're not holding the private keys for those coins that they've put into staking into an exchange.
We've got a lot of options if we want to stake our coins. I get the idea that since we're just holding it, it's also better to put it into staking but make sure you hold private keys but for me, it won't matter and I'll choose to hold.


Title: Re: Do you recommend staking?
Post by: iged_war on June 30, 2021, 10:07:02 PM
If you're the kind of person who doesn't care about the price of the coins, but only the number of them, then the stake method is perfect for you. But if it's not, then you might want to think about it, because sometimes the value of the currency falls far more than the profit you get from it.
staking reward unworthed if price drop more than this return. And also dont ever fully trust to project that offer high yield staking reward. Just look at Merlin Labs which is offer High APY but unfortunately its cease their operation or exit scam. personally i am prefer staking on stable coins in binance exchanges, its more safe than other coins.


Title: Re: Do you recommend staking?
Post by: Shasha80 on June 30, 2021, 11:33:27 PM
I recommend staking but people have to understand the risks for it. There is also a chance that even staking for long, it won't give a good return.

As much as possible, before throwing money on staking, always do a hard research the same as how we choose our coins to trade.

It's not an easy passive income to be considered so it's a must thing to do to research deeply.
I agree that staking also has the same risk as trading, so good analytical skills are needed, to be able to determine good coins for staking.
Choose the wrong coins, then we will definitely fail and lose money. It is not easy to stake, it requires experience and knowledge.
But if we can do research and analysis well, staking can become passive income that will make our money continue to grow.
Absolutely,  it's not easy to  pick the right  token  to invest and stake your money,  it requires  good understanding  and patience with lots of time  to spend  working  with your chosen asset.

The deeper  you dig with the project  the better  you select  which coin to use for your staking investment,  never  to rush with your participation it will only  leads  you to fail  project.

It's sad to know that more and more people are choosing coins for staking based on other people's opinions. Because they don't want to
spend time doing research and analysis to choose coins, this is what ultimately makes us not get the maximum profit or it could even make us
invest in failed projects. It is true that we should not rush to determine coins for staking, it takes patience to choose the right coins.


Title: Re: Do you recommend staking?
Post by: bitcoguru on July 01, 2021, 10:49:49 AM
I do not recommended personally because there are few risk of staking crypto. Staking has been made possible by the Proof of Stake (PoS) consensus algorithm, which emerged as an alternative to Bitcoin’s energy-intensive Proof of Work (PoW). Here are some risk - Market risk , liquidity risk , lockup periods, reward duration, validation risk,  valiyor cost, risk or theft.

https://vcashpay.com/


Title: Re: Do you recommend staking?
Post by: Seyifun on July 01, 2021, 04:07:31 PM
Though before, I don't like staking, but as of now I tested the staking, I think it's good, but what I felt is that one just need to be careful before staking; as to the return of staking and the utility of the project, should be the basis before staking.


Title: Re: Do you recommend staking?
Post by: carlisle1 on July 01, 2021, 04:13:22 PM
I think staking is very good when you still have capital and of course you apply it for long-term investment, because the results of staking will look longer than trading, do staking in a safe place and don't let you lose access to the assets you use for stake.
And there are exchanges that offers staking and this is being chosen by many investors. It's fine on their end but they don't realize that they're not holding the private keys for those coins that they've put into staking into an exchange.
We've got a lot of options if we want to stake our coins. I get the idea that since we're just holding it, it's also better to put it into staking but make sure you hold private keys but for me, it won't matter and I'll choose to hold.

A need of deeper research to entrust your money to the exchange, for sure many are using
Binance due to it's popularity and if you really going to invest not only your money but also your time,

there are good potential that you'll be able to catch up the right project to stake your money, passive income if you pick the right asset to support.

more on taking focusing with what the project is offering and how the development progress and attract the investors.


Title: Re: Do you recommend staking?
Post by: bhadz on July 02, 2021, 02:33:52 AM
The staking eth that we have is indeed profitable for a period of time. but you should be careful in doing it. Don't risk the eth you have actually cause you to lose your eth..
I don't think that it's profitable. There's a little profit but compare to what we're hoping to be a promising profit, it's far from that. The rewards that will be shared through staking for Ethereum soon once it's already PoS will become lesser.
The more that will stake their Ethereum, the lesser rewards will be distributed to everyone.


Title: Re: Do you recommend staking?
Post by: coin-investor on July 02, 2021, 03:37:47 AM
You can stake ETH at https://ethereum.org/en/eth2/staking/ and become a validator for ETH 2.0 but you need 32 ETH

32 Ethereum to stake are for whales if you have less than 32 Ethereum like I do I recommend staking using a pool

https://ethereum.org/en/eth2/staking/#stake
But when checking the best company to stake be sure to do your diligent research
Quote
Do your own research
None of the listed staking services are official endorsements. Be sure to do some research to figure out which service might be best for you.

These are the list of projects that are offering staking services, pick what suited you and do your own research

https://beaconcha.in/stakingServices



Title: Re: Do you recommend staking?
Post by: sirminesalot on July 27, 2021, 04:21:30 PM
I do not recommended personally because there are few risk of staking crypto. Staking has been made possible by the Proof of Stake (PoS) consensus algorithm, which emerged as an alternative to Bitcoin’s energy-intensive Proof of Work (PoW). Here are some risk - Market risk , liquidity risk , lockup periods, reward duration, validation risk,  valiyor cost, risk or theft.

https://vcashpay.com/

It depends how and where you stake your assets. If you stake your money to binance or ethereum for ethereum 2.0 i'm sure it will be safe and profitable in terms of assets itself because those are high reputation coins and the holder of those platforms are huge numbers of people and wallets. So it will back again how and where you stake your money into


Title: Re: Do you recommend staking?
Post by: blockman on July 27, 2021, 05:29:41 PM
I personally favor investing in staking. It is a very safe investment. Even if the amount of profit is less here, your money is not likely to go away at all. And I have made and am making a lot of money through staking.
Unless you don't do staking on exchanges. It's safer to do staking not on exchanges but if you have a coin that's good for staking, search for which wallets support it for staking. The wallets that you can hold the private keys and you have access on it. Unlike in the exchanges, they don't give you that and there is staking support in Ledger wallet, which is one of the most popular hardware wallets that we have. You can start staking your coins there as long as it's supported by them if you own one.


Title: Re: Do you recommend staking?
Post by: Gayong88 on July 27, 2021, 07:18:47 PM
In my opinion, staking is good, but there are many things that must be seen if the tokens/coins that we want to locked staking and if suddenly, arrive at the pump you can't sell them quickly, my advice is always to see where the market is going and wait for the right moment to enter the market.


Title: Re: Do you recommend staking?
Post by: lumeire on July 27, 2021, 07:39:27 PM
Wouldn't it be better if you staked on Binance? although the APR is small, the risk of losing coins is very small and of course if you are looking for a high APR it usually occurs in some newly listed tokens or some tokens that are currently hype, if for BSC many pay a high APR but all risks can certainly happen.
I don't trust exchanges for my own coins, I prefer to stake the tokens on a private server as if it gets hacked then it would be because of my own mistakes and no one else would be responsible for my loss. But if Binance gets hacked due to any fault then we would be the ones loosing the coins.
I personally invest and stake those coins which are already established, even if they have very less staking rewards but still they would yield good profit in the future as my bag is being bigger in size with time and the value of token would also increase with time as well.


Title: Re: Do you recommend staking?
Post by: Nazmul012 on July 27, 2021, 08:14:50 PM
Staking isnt a bad idea as you can see people doing their staking ad earning good APR from it after end of required timeframe.Even I had done ether staking on private server but that was long time ago and can't remember the full process at this time but you need huge amount of ether of you want eth staking but i only give private server more priority than exchanges


Title: Re: Do you recommend staking?
Post by: Balmain on July 27, 2021, 08:19:49 PM
Staking with the pos system is good, but you need to evaluate the project you will invest very well.I don't really like the pos system because I think they are centralized in this way, at least we can say semi-centralized. For now, we can say that it is valid in the time we are in, but will this be considered valid years later?


Title: Re: Do you recommend staking?
Post by: Text on July 27, 2021, 11:59:34 PM
I think it's better to stake Ethereum if you aim to HODL for long-term investment especially if you have a large amount to stake.  In Binance there is also Staking, their Binance Earn, so far up to 21.6% Est.  APY to ETH 2.0 in fixed duration.  Your coin is safe especially if you are on a trustworthy platform.


Title: Re: Do you recommend staking?
Post by: lumierre on July 28, 2021, 06:10:20 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

Personally I stake my crypto in different pools and in different projects. I think staking is quite safe if you find a reliable place. I don't have an experience with staking Ethereum, but in terms of altcoins, I really like puncake swap, which offers quite a big APR and fees are very cheap on BSC compared to Ethereum mainnet. Also I can recommend Uniswap for ETH, although I haven't worked in it because of fees.


Title: Re: Do you recommend staking?
Post by: RussianEnglishTranslation on July 28, 2021, 08:55:59 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
Yes, but on decentralized platforms or wallets, not centralized services that can steal your funds or block you due to regulations or something as trivial as a wrong phone number. I'm staking ETH and NEAR.


Title: Re: Do you recommend staking?
Post by: barabeku on July 28, 2021, 04:28:10 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

If you strongly believe in Ethereum you can try Ethereum 2.0. staking. And now you are not to have at least 32 ETH and you even can return your money from staking earlier than Ethereum 2.0. launches. It is available because of different new projects, now I will tell you how.
To become a validator you can:
Launch your own node by staking 32 ETH;
Via non-custodial validators (p2p.org);
Via custodial services (crypto exchanges);
decentralised pools.
 Lido creates an on-chain asset, stETH (staked ETH), which is issued in exchange for ETH sent for staking on Eth2. stETH can be bought, sold and used as collateral in DeFi protocols, increasing capital efficiency and the ability to generate increased income. So your Ethereum will not be locked.


Title: Re: Do you recommend staking?
Post by: GatotKaca on July 28, 2021, 04:37:40 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
Yes, but on decentralized platforms or wallets, not centralized services that can steal your funds or block you due to regulations or something as trivial as a wrong phone number. I'm staking ETH and NEAR.
you have a good selection of staking assets.
I myself bet CAKE, ETH, SOV, and NMX.
I see something good about this asset. I keep it for the long term. Staking will give me more assets while waiting for the momentum for me to finally get back into the market to sell them.


Title: Re: Do you recommend staking?
Post by: gustavroy on July 28, 2021, 04:42:12 PM
Staking could be nice if where is good rates. Without good rates its totally worthless. Also i dont like to stake pairs. But in lots of exchange big portion of staking options are pairs.


Title: Re: Do you recommend staking?
Post by: wallet4bitcoin on July 28, 2021, 05:39:33 PM
Personally I like staking more than holding a coins for a long time. Because, Holding can make me profitable by only price increasing, But, staking can make me profitable from two side. One is price increasing and another one staking reward. But, be careful to choose staking platform. Sometimes people go with some scam staking platform for high APR.


Title: Re: Do you recommend staking?
Post by: bryant.coleman on July 28, 2021, 06:19:31 PM
In the past, I had very bad experience with staking, and therefore I wouldn't recommend it to anyone else. I invested in a few PoS coins (Deep Onion, Veil.etc) back in 2018, but suffered huge losses as the exchange rates went down (and I was staking my coins 24x7). It may be because of the general downtrend in the market (2018 was a very bad year for altcoins), but I never tried the PoS coins for investment again. Overall, I am not a big fan of the PoS coins. The only coin in this category that has caught my attention is Cardano.


Title: Re: Do you recommend staking?
Post by: livingfree on July 28, 2021, 06:43:43 PM
Staking could be nice if where is good rates. Without good rates its totally worthless. Also i dont like to stake pairs. But in lots of exchange big portion of staking options are pairs.
I don't understand what you mean by good rates and pairs.

You can stake as much as you can with different altcoins that have the staking feature whether it be for the exchanges or for the wallets that they totally support.


Title: Re: Do you recommend staking?
Post by: xiboothrezi on July 28, 2021, 09:41:06 PM
Personally I like staking more than holding a coins for a long time. Because, Holding can make me profitable by only price increasing, But, staking can make me profitable from two side. One is price increasing and another one staking reward. But, be careful to choose staking platform. Sometimes people go with some scam staking platform for high APR.
Staking is indeed more profitable than just holding it, because we can get rewards from what we deposit. but be selective in choosing a platform, only use a trusted platform that has been around for a long time to give satisfaction and trust to its users. because many scammers take advantage of this trend to create fraudulent projects, don't let your funds be taken away by fraudsters.
Staking can be an option to get passive income, just choose a strong coin like eth, effective for the long term.


Title: Re: Do you recommend staking?
Post by: cute nmp on July 28, 2021, 10:16:12 PM
I won't recommend it to any one have been staking different kinds of coins but up till now haven't made any decent amount of profits from it .I believe staking is meant for those people that invest lots of money so as to get huge amount of profits but for the middle and lower
Classes it is better to hold for a longer period of time  and make some profits from it.


Title: Re: Do you recommend staking?
Post by: cabron on July 28, 2021, 10:41:59 PM

Staking is safer than other programs which at any time a staker could just unstake and liquidate his funds if needed. But I'm just going to recommend staking for the projects that are really top coins because its guaranteeing a good price of the token that is also growing. There are many defi projects that also offers staking but the price of these tokens are dropping which in the long run the value of your money is also not growing.


Title: Re: Do you recommend staking?
Post by: MSN02 on July 28, 2021, 10:45:47 PM
Yes, there is no point to it stake. I earn 11.2% apy with NEAR which is crazy. In a bear market this is great because I?m still getting returns and in a bull market I get these returns on top of how well it is doing in the market. Staking is easy passive income and there is no reason why you shouldn?t do it especially in NEAR since the tokens aren?t locked, you can pull your money whenever you want.


Title: Re: Do you recommend staking?
Post by: NicNacCoin on July 28, 2021, 11:54:18 PM
Recently staking is the best way of making money without any losses. Recently most of the people and projects offering their stakes plan during their Token sale. I always support and suggest to stake ..


Title: Re: Do you recommend staking?
Post by: Hannahanto on July 28, 2021, 11:55:45 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
To best answer I'll say every single step we take on crypto has a risk. That's why we use TA, take profit and go home to bring in the risk management to enables us to minimize the lost we where suppose to go below.
Staking is actually not bad like I see someone said, you can enroll to ETH2.0 at binance with your 32 ETH
Or better still buy some $NEAR tokens and hold, just stake all
Then come back in a year later to tell us how you became rich over a year.


Title: Re: Do you recommend staking?
Post by: RussianEnglishTranslation on July 29, 2021, 04:58:23 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
You can stake ETH with Lido then put that in Curve or Saddle or Pickle for up to 15% apy. It's easier however to just stake NEAR protocol for 11.5% APY.


Title: Re: Do you recommend staking?
Post by: indrakusumaindra on July 29, 2021, 05:29:15 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
I do recommend to staking your coin, it make you earn more money while you holding your coins. Its good to staking your ethereum cause i think ethereum have good future. Just staking your ethereum on reliable site i think its good to staking on exchange such as coinbase and binance.


Title: Re: Do you recommend staking?
Post by: Sihab76 on July 29, 2021, 06:44:57 PM
The most interesting system that projects owners have invented to boost the attention of coin holders is the staking system. This is currently the most common system.As soon as a project is listed on the exchange, the staking system will be introduced. So its market value also increases.


Title: Re: Do you recommend staking?
Post by: BitTraderCute on July 29, 2021, 10:28:24 PM
The most interesting system that projects owners have invented to boost the attention of coin holders is the staking system. This is currently the most common system.As soon as a project is listed on the exchange, the staking system will be introduced. So its market value also increases.
staking not automaticly increase token value , but project developtment quality for token utility will influence how token value is. If dev team could attract demand for utility and usecase automaticly price will increase , and when it happen staking program launched to reduce supply in market  by giving return in certain periode. if dev team only offer high APR without any token utility value , in my opinion its useless.

If you are long term holder and there is nice interest rates why not but i dont suggest to become a liqudity provider if your not locking stable coins because imperminant lose could be harmful
providing liquidity provider in good project will give us more benefit, especially when our DEX have airdrop to liqudity platform usually this one will get more alllocation.


Title: Re: Do you recommend staking?
Post by: romero121 on July 29, 2021, 10:34:06 PM
Through staking more circulation and holding is maintained. This will help with the circulating volume of the respective cryptocurrency. Staking is good, and it becomes more effective when we stake the right one. Projects with good development and real-time application gets good result through staking. In the past several projects have gone unknown just because it got dumped soon after getting listed for trading. Through staking phenomenon this can be overcome.


Title: Re: Do you recommend staking?
Post by: flyeers309 on July 29, 2021, 10:40:56 PM
staking is good when you are not a holder and prefer to be a long-term investor. There are several flexible and locked plaforms, you just choose which one do you like the most with good APR. If coins that you staking trusted project with good development and had a good movement I think it's quite safe to stake in a long time


Title: Re: Do you recommend staking?
Post by: wheelz1200 on July 29, 2021, 10:43:32 PM
Only if you can be sure that the staking reward is good and you have a good number of the coins/tokens to stake to generate good reward,  otherwise I won't recommend staking because at the end of the day, you will not be happy with what you will receive, more like it benefits the project more than the staker imo.

Yeah but when coins are set up that way, just like with bitcoin mining, sometimes it doesn't benefit the holder as much as it does the network.  In tes of percentage gains.  If you are going to Ling term hold your coins and a platform is relatively risk free then even a small percentage is better than nothing really.


Title: Re: Do you recommend staking?
Post by: NewRanger on July 29, 2021, 11:14:15 PM
Through staking more circulation and holding is maintained. This will help with the circulating volume of the respective cryptocurrency. Staking is good, and it becomes more effective when we stake the right one. Projects with good development and real-time application gets good result through staking. In the past several projects have gone unknown just because it got dumped soon after getting listed for trading. Through staking phenomenon this can be overcome.
this is strategy that runned by dev to decrease supply in market by offer certain return for those participate in staking program. But it is not enough to give high APY without doing something usefull in this project , staking will be useless if this condition met. Investors dumped their token due several reason ,of them maybe dev team didnt do good communication with community about developtment progress.


staking is good when you are not a holder and prefer to be a long-term investor. There are several flexible and locked plaforms, you just choose which one do you like the most with good APR. If coins that you staking trusted project with good development and had a good movement I think it's quite safe to stake in a long time
this is point definately right , APY return must move parallel with developtment progress so we have double value .


Title: Re: Do you recommend staking?
Post by: Dread Pirate Roberts on July 29, 2021, 11:23:49 PM
I heard some of my friends constantly earning income with staking masternode coin . but i didn't really follow what's happening now and it seems that there are a lot of coins that can't be staked but are staked by these platforms. I'm not really interested in things like that there are a lot of risks its more than only holding coin. and usually its needed large capital.


Title: Re: Do you recommend staking?
Post by: CaVO32 on July 29, 2021, 11:47:04 PM
I heard some of my friends constantly earning income with staking masternode coin . but i didn't really follow what's happening now and it seems that there are a lot of coins that can't be staked but are staked by these platforms. I'm not really interested in things like that there are a lot of risks its more than only holding coin. and usually its needed large capital.

Because most staking coins has no actual use case, so they are just staking coins and sell it in the market afterwards. Which for me is not a sustainable approach. Once these stakers have had enough, they can easily hop to another project and look for more profitable coin. It is good if you are staking eth for example, because this is a very well established platform. But for other alts, most of them have only short lifespan, so you need to get out while they still have value in the market. Otherwise, you may end up holding worthless staked coins.


Title: Re: Do you recommend staking?
Post by: Anonymous100 on August 05, 2021, 07:48:10 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

I see the BlockFi.com site now as very different from before, and the amount of APR offered is also different from before. The APR for Ether was previously 10% and is now much lower. In fact they are more focused on crypto trading, not staking. If you are asking for my recommendation, then I would prefer Binance, or another exchange that is already very popular.


Title: Re: Do you recommend staking?
Post by: Mehedi72 on August 06, 2021, 07:09:52 PM
Million of people are get themselves participated on staking programme, so i don't think its too much dangerous or loss project something! So obviously i can recommend staking as this is another easy way to earn money. But the major point is, staking need lagre amount of money! If you aren’t worthy enough, then this Isn’t for you. Also dont stake all your ether or you may regret if any accident occurred.


Title: Re: Do you recommend staking?
Post by: Tahid12 on August 07, 2021, 08:31:36 PM
If you want to staking with others altcoins, i may not recommended cause they mightn't be safe enough for long term. but no worries about eth! You can definitely go for it. I heard positive review about BlockFi but that was long time ago. You staking on their side but recently i don't hear latest update about their policy, as well. I think binance exchange may the best choice for your eth staking


Title: Re: Do you recommend staking?
Post by: Chathusand on August 14, 2021, 08:04:01 PM
Staking is beneficial if you are looking for a long-term investment, especially in established coins. It also protects your investment by preventing you from not spending it during difficult times due to its conditions (lockin period) or the terms of the coins you are staking.


Title: Re: Do you recommend staking?
Post by: batang_bitcoin on August 14, 2021, 10:34:10 PM
Staking is beneficial if you are looking for a long-term investment, especially in established coins. It also protects your investment by preventing you from not spending it during difficult times due to its conditions (lockin period) or the terms of the coins you are staking.
It's a good way to earn a little addition but it's not that really huge but you won't have any problem if you earn by just staking it, right? As you hold, you stake but do that at the right platform because if you feel unsafe where you stake.
You just have to hold it. Well, I do recommend staking and that's what my long term plan is to do but not with just random coins. It's still better to choose the best coins that you can stake and those that are at the top, not those newest that the risk is much higher.


Title: Re: Do you recommend staking?
Post by: dunfida on August 14, 2021, 10:50:04 PM
Staking is beneficial if you are looking for a long-term investment, especially in established coins. It also protects your investment by preventing you from not spending it during difficult times due to its conditions (lockin period) or the terms of the coins you are staking.
It's a good way to earn a little addition but it's not that really huge but you won't have any problem if you earn by just staking it, right? As you hold, you stake but do that at the right platform because if you feel unsafe where you stake.
You just have to hold it. Well, I do recommend staking and that's what my long term plan is to do but not with just random coins. It's still better to choose the best coins that you can stake and those that are at the top, not those newest that the risk is much higher.
Staking isnt really that appealing considering the APY gains then if you do have that common sense then simply holding will give you more profits rather than on considering on putting some coins for staking.

Specially that most of them are on platforms to be widtheld which means you dont have the access of the said wallet which is also part of the risk.For noncustodial wallet staking then its considerable

but i would still prefer on holding it instead and leave it for 1 year and for sure % gain would be more much better than staking.


Title: Re: Do you recommend staking?
Post by: Rexler on August 14, 2021, 11:06:44 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
Staking your Ethereum is good imo, the only problem is that the return ain't that much just 10% APY, I would have adviced you to try staking other altcoins on another DeFi platform, the only downside is that DeFi platforms that offer high APY's are usually prone to rug pull or getting hacked and I wouldn't want you to get in the middle of it since DeFi platforms are targeted by hackers recently, stake your eth if your planning to hold for long term you could earn some rewards for doing so.


Title: Re: Do you recommend staking?
Post by: meves99 on August 14, 2021, 11:48:52 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

For staking sites that pay the highest APR and are safe, it can't be recommended just like that, because the APR payments are almost the same from all these staking sites.


Title: Re: Do you recommend staking?
Post by: CaVO32 on August 14, 2021, 11:49:57 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
Staking your Ethereum is good imo, the only problem is that the return ain't that much just 10% APY, I would have adviced you to try staking other altcoins on another DeFi platform, the only downside is that DeFi platforms that offer high APY's are usually prone to rug pull or getting hacked and I wouldn't want you to get in the middle of it since DeFi platforms are targeted by hackers recently, stake your eth if your planning to hold for long term you could earn some rewards for doing so.

It is better to stake on an established platform rather than risk your funds to substandard defi offering high APY. A lot of DeFi platforms either exit the game via abandoning their site or owed to hacking (with suspicions of inside job). So it is better to stake your eth in popular platforms like binance or blockfi. They may not give the APY you want but they are considerably trustworthy.


Title: Re: Do you recommend staking?
Post by: btc-facebook on August 15, 2021, 09:28:23 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?
I don't know a platform that provides ETH staking with high APR, but I can give you information so you don't have to worry when you want to stake ETH, you can visit the official website here https://ethereum.org/en/eth2/staking/
There you can get the information you need, because the explanation there is clear and detailed.

If my advice, you are better off looking for other coins like Zilliqa or Atom that have a high APR than ETH, not only high APR but also easy, you just need to install the wallet and can staking easily.


Title: Re: Do you recommend staking?
Post by: simpelplan on August 15, 2021, 07:16:40 PM
Staking is definitely a great thing if you are a long term holder and don't plan on selling any time soon. for me personally also really like this method and often bet altcoin (bsc) on several platforms especially pancakeswap and sometimes I withdraw profit once a month on CAKE. farming is an interesting way


Title: Re: Do you recommend staking?
Post by: Baimovic on August 15, 2021, 08:16:29 PM
If you really want to keep the coin in the long term of course it would be better if we keep the coin on staking, but in staking you should re-examine the platform whether the risk is very small and the APR is also high because for Ethereum the 10% APR is already quite high but if you have a lot of Ethereum you can also join ETH 2.0 staking.


Title: Re: Do you recommend staking?
Post by: Zedpastin on August 15, 2021, 08:34:49 PM
Staking can be profitable but only if you understand the coin that you are staking. Otherwise you are just risking money on the hype of a project instead of understanding why it is popular.


Title: Re: Do you recommend staking?
Post by: batang_bitcoin on August 15, 2021, 09:37:55 PM
Staking is beneficial if you are looking for a long-term investment, especially in established coins. It also protects your investment by preventing you from not spending it during difficult times due to its conditions (lockin period) or the terms of the coins you are staking.
It's a good way to earn a little addition but it's not that really huge but you won't have any problem if you earn by just staking it, right? As you hold, you stake but do that at the right platform because if you feel unsafe where you stake.
You just have to hold it. Well, I do recommend staking and that's what my long term plan is to do but not with just random coins. It's still better to choose the best coins that you can stake and those that are at the top, not those newest that the risk is much higher.
Staking isnt really that appealing considering the APY gains then if you do have that common sense then simply holding will give you more profits rather than on considering on putting some coins for staking.

Specially that most of them are on platforms to be widtheld which means you dont have the access of the said wallet which is also part of the risk.For noncustodial wallet staking then its considerable

but i would still prefer on holding it instead and leave it for 1 year and for sure % gain would be more much better than staking.
In a sense that it will just give you little addition with your holding, that's what those stakers are looking at. I don't stake and I also find it a little rewarding and I'll choose to hold instead. The risk for those stakers that they've chosen if they can only stake on exchanges, they have no choice but to let their asset stay on that exchange. Yes, it's the risk that they don't hold the asset as it's not on their wallet but they have an option if those cryptos that they stake are in a wallet that they own.


Title: Re: Do you recommend staking?
Post by: 7788bitcoin on August 15, 2021, 10:54:08 PM
I recognize staking as one kind of interest provide by the exchanges authority by locking their coins. It is one kind of incentive. But i don't like to join any staking program.
Staking rewards are not provided by the exchange, these exchanges does facilitates staking on behalf of the coins. Looks for example in Binance you will get many options for staking but these options are done with the developers of the coins to hold them so that they will provide liquidity and hold those coins for a solid period of time.

I have staked the coins before and i have made a good profit with some of the new projects but the risk are higher if you are dealing with new projects and you are taking the risk to provide liquidity.


Title: Re: Do you recommend staking?
Post by: satsmainman on August 15, 2021, 11:02:47 PM
Today there are so many secured and legitimate staking platforms that will pay you good APR. In my own opinion, i wouldn't stake anything other than a stable coin except that coin have a very high upward price action potentials. But staking is one sure way to make good returns and its a sure way to get seriously rekt.


Title: Re: Do you recommend staking?
Post by: efxtrader on August 15, 2021, 11:29:15 PM
Today there are so many secured and legitimate staking platforms that will pay you good APR. In my own opinion, i wouldn't stake anything other than a stable coin except that coin have a very high upward price action potentials. But staking is one sure way to make good returns and its a sure way to get seriously rekt.

Staking is one way to get passive income other than lending. If planning to hold the coins we have for the long term, I think staking will increase the number of coins we have without buying. Staking security has increased and I think staking is possible


Title: Re: Do you recommend staking?
Post by: llecrf on August 16, 2021, 03:45:45 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

https://cryptotesters.com/ethereum-staking-platforms
You can visit the link above to view the ETH 2.0 staking platform, i have visited LIDO platform and looking for some information about ETH 2.0 staking
please visit this link for full details, you can also withdraw the amount of staking ETH rewards whenever you want with stETH tokens https://stake.lido.fi/


Title: Re: Do you recommend staking?
Post by: lenovop-70 on August 16, 2021, 05:11:05 AM
If you safe player it could be yes to take staking, but ofcourse you will get small amount of profit.
You can get double when your staked coin has pump when its released, and that is need deep observations and you have good data on market movements as your consideration to staking.
So staking still recomended for you that used to.


Title: Re: Do you recommend staking?
Post by: GaxviiBuss on August 16, 2021, 07:28:47 AM
Staking is ok, if it's a good project, their are some project that give return beyond one imagination like BRT and welbe coin. From my perspectives I can recommend staking because it's also one of the means of earning in crypto world, it gives good ROI


Title: Re: Do you recommend staking?
Post by: cryptoknows on August 16, 2021, 10:36:09 AM
In fact, you won't get huge APYs anywhere, the staking boom took place a year ago. But you can get 10-13 percent right now with Near Staking. APY will give you about 13 percent, which is very good considering that the Near token is quite stable and now the rate is going up, thus you can get excellent income from the growth of currency and APY, in addition, the commission for APY will be only $ 0.01


Title: Re: Do you recommend staking?
Post by: carlisle1 on August 16, 2021, 11:00:30 AM
If you safe player it could be yes to take staking, but ofcourse you will get small amount of profit.
You can get double when your staked coin has pump when its released, and that is need deep observations and you have good data on market movements as your consideration to staking.
So staking still recomended for you that used to.

Staking is good if you believe the developers instead of keeping your coins and just wait for the value to grow,
staking gives you additional passive profits.

It's up to your  judgments if what particular coin to invest,
if you find the right project and pumped take place not just the increase but the stake amount adds up to your pocket.

The tough  part is to find the right one that will give you that benefits, lots of available project to choose.


Title: Re: Do you recommend staking?
Post by: Ever-young on August 16, 2021, 11:29:06 AM
For me staking is one of the perfect way of saving your ETH, you will be earning some percentage why waiting for it to hit your expected price. The thing their is you just have to be mindful of the place you want to stake your ETH, for security reasons, in other not to end up losing you're asset why looking for interest.


Title: Re: Do you recommend staking?
Post by: odukoyaewatomi27 on August 16, 2021, 12:10:41 PM
Staking is a good way to make passive income of cryptocurrencies especially on the coins that you are planning to hold long term. This makes sense because you can increase the units of the cryptocurrency you decide to hold and if you stake coins like ETH or BNB which are good projects in itself, it is a goof long term investment


Title: Re: Do you recommend staking?
Post by: finaleshot2016 on August 16, 2021, 12:31:55 PM
Staking is advised if the coin has a lot of potentials to develop in the future. For example, the Cardano coin has been worth staking for the previous three months, and the value has already increased by x2, from $1 to $2. So you can see that staking is really a good way of increasing your assets and making a profit just at the right timing. I'm staking a lot of altcoins right now and before I staked them, massive research has been conducted so I'm at peace even there's a market crash happening.


Title: Re: Do you recommend staking?
Post by: DonFacundo on August 16, 2021, 03:18:08 PM
Of course yes I recommend staking because this the best way to earn extra money. Earning around 10% APR in Blockfi which is not bad but are you sure if this is a trusted site? if it is, then stake your ethereum rather than holding in your wallet and you will earn more if ethereum is pump.


Title: Re: Do you recommend staking?
Post by: bamb on August 16, 2021, 03:56:00 PM
Absolutely! When you stake,  you a stand chance of increasing your coin and staking a coin like ethereum is good for the network and security of the platform!  Staking is win win for everyone!  Just make sure you are staking with the right website and you should be good!


Title: Re: Do you recommend staking?
Post by: flip4flop on August 16, 2021, 04:16:30 PM
Without a doubt staking can be a profitable venture, at least more so than holding coins in a cold wallet. You can easily earn some solid yield in many different places. It all comes down to your risk appetite though. If you are chasing extremely high yields the risk is there somewhere, maybe its a pump and dump or a straight-up scam. Just be careful you do the research on what and where you are staking and be comfortable with the potential to lose it all.


Title: Re: Do you recommend staking?
Post by: bitcoin-shark on August 16, 2021, 04:24:13 PM
in using the defi platforms there is always a greater or lesser risk, there is no risk 0, to invest / staking the eth at best you can take a look here https://www.coingecko.com/it/earn/ethereum, on blockdefi i saw that the interests are now 4%


Title: Re: Do you recommend staking?
Post by: MSN02 on August 16, 2021, 04:48:08 PM
I definitely recommend staking, the likely hood losing money is almost non. I currently stake NEAR for 11.2% apy. The way you have to stake in order to not risk losing money is by diversifying who you stake with so if one of them is a bad actor you don’t lose much.


Title: Re: Do you recommend staking?
Post by: Gayong88 on August 16, 2021, 06:22:07 PM
One of the Cryptocurrency Deposits. For ETH itself, it's a good investment for me.  For locked staking, ETH is better compared to stock dividends, then locked staking is more profitable even though it's riskier.


Title: Re: Do you recommend staking?
Post by: labenea on August 16, 2021, 06:28:39 PM
Yes ,Staking is actually very good but it takes patience for it and if you start here you must be prepared to hold coins for a long period of time, because in staking you have to be strong in holding and it takes quite a lot of time for you to profit. but this is better than nothing.


Title: Re: Do you recommend staking?
Post by: Evgenklm on August 16, 2021, 07:37:49 PM
If there is such a possibility, then of course it is worth trying and getting devidends , and why not turn to defi exchanges, such as uni, divide ETH or add stablecoins and find higher % on farm.


Title: Re: Do you recommend staking?
Post by: Gbniman on August 16, 2021, 07:49:01 PM
Staking is good it makes you a Holders of coins it Totally worth it! Staking crypto is pretty easy and if prices go down you can automatically average your entry prices, so when its going up again, you will be much much faster in the winning zone.
Staking has become so popular is because it enables crypto holders to earn substantially higher APY’s than traditional savings accounts or money market funds, i will say staking is good.


Title: Re: Do you recommend staking?
Post by: tygeade on August 16, 2021, 09:03:47 PM
Staking only works if it is a project that can last, there are many many projects that started with farming/staking and their tokens became as little as possible, nobody really bought them and the price crashed big time. I do not really believe that staking is good in those projects, which means that there is no inherently good staking, it all depends on the projects themselves.

I personally believe that we should focus on the fact that some projects are good, like pancakeswap for example and if you want to do staking on those projects then it is good, in that case it is not the staking that is good it is the fact that you are doing it on cake. Like if bitcoin turned into proof of stake then I would totally do that as well, not like I am doing anything else with it, better to stake then just sit idle by, and when ETH turns into 2.0 and becomes proof of stake, I will do that too, it is about the project and not about staking directly.


Title: Re: Do you recommend staking?
Post by: letyouearn on August 17, 2021, 09:02:03 PM
I prefer investing and slow trading, secure staking has too small interest rates for crypto market. The only coin I stake from time to time is BNB - I use Binance Vault for this.


Title: Re: Do you recommend staking?
Post by: tanjiran on August 17, 2021, 09:38:54 PM
I prefer investing and slow trading, secure staking has too small interest rates for crypto market. The only coin I stake from time to time is BNB - I use Binance Vault for this.
if you have the ability in market analysis and sufficient experience then trading is indeed the best choice, by taking advantage of price volatility to make a profit.
if you don't have market analysis skills then staking is the best alternative to get passive income, but you need to carefully review the platform or exchange where you do staking, its security must be really ensured because we deposit assets there. Staking is quite effective for those who have difficulty keeping up with price volatility.


Title: Re: Do you recommend staking?
Post by: efxtrader on August 17, 2021, 11:44:04 PM
I prefer investing and slow trading, secure staking has too small interest rates for crypto market. The only coin I stake from time to time is BNB - I use Binance Vault for this.

In my opinion, staking is useful for investors who plan to make long-term investments. In addition to holding their coins, they also get high interest from staking. Trading can be a good alternative if you have the ability to do technical analysis


Title: Re: Do you recommend staking?
Post by: ardydyon on August 18, 2021, 03:09:46 AM
We are currently seeing staking as a new option for people who invest in crypto.Because by storing money in staking we get interest from the coins we staking.staking is safe for us because the flowers we receive in accordance with what we get are promised and returned to our wallets at a time.I think at the moment the staking is good for eth you can try done in binance.There are many offers staking with high interest.In addition to eth, other altcoins also offer many staking flowers that can be staking with a period of 1 month, 3 months or 12 months with varying and of course profitable flower variants.because I have also tried staking in binance is very safe and profitable for those of us who invest in crypto for a long period of time.


Title: Re: Do you recommend staking?
Post by: Sithara007 on August 18, 2021, 03:35:07 AM
I have tried staking with a number of coins, but unfortunately none of them worked for me. I don't want to discourage anyone, but this is what happened to me. Back in 2018, I had invested in several PoW coins. All of them returned heavy losses for me. Now imagine this, keeping the laptop on for 24x7, and then incurring a loss because the exchange rates have gone down. Maybe because 2018 was such a horrible year for cryptocurrency. Anyway, I don't want to invest anymore in PoW coins. That decision was made years ago.


Title: Re: Do you recommend staking?
Post by: cabron on August 18, 2021, 03:36:03 AM
We are currently seeing staking as a new option for people who invest in crypto.Because by storing money in staking we get interest from the coins we staking.staking is safe for us because the flowers we receive in accordance with what we get are promised and returned to our wallets at a time.I think at the moment the staking is good for eth you can try done in binance.There are many offers staking with high interest.In addition to eth, other altcoins also offer many staking flowers that can be staking with a period of 1 month, 3 months or 12 months with varying and of course profitable flower variants.because I have also tried staking in binance is very safe and profitable for those of us who invest in crypto for a long period of time.

Staking is earning in a slow phase but its good as long as you have chosen the right project to invest in. I have some POS tokens myself that I have put my trust into like ADA. Its earning every week but not big enough but its accumulating.

Staking in Binance exchange though is not recommended, you should just do it on your wallet. You have been here long enough and must have heard about that steemit fork.



 


Title: Re: Do you recommend staking?
Post by: fileo on August 18, 2021, 03:50:45 AM
Staking is good strategy to earn passive income by holding while waiting the possibility to have some beautiful moments to happen in the future. Yes, a lot of coins has a good apr but you cannot appreciate the daily profit if you have only few tokens in it. The more you have coins the more the higher the daily profit. Binance exchange has a lot of staking. It depends on you which you will choose. Another site is pancakeswap.


Title: Re: Do you recommend staking?
Post by: flyeers309 on August 18, 2021, 04:56:51 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
Staking is a safe way to get passive income for people who are not very good at trading or have more activities in real life.
Your choice is right but so far I have never tried staking ethereum. If we talk about staking, because we are talking about long-term investments, stable coins can be a good choice, or as you choose, coins with good development and have an increase price from year to year can provide satisfactory profits.
just a reminder, choose trusted platform especially if we have little time to check the state of our staking


Title: Re: Do you recommend staking?
Post by: kak uli on August 18, 2021, 09:52:02 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

how about you hold on to the ethereum you have in your wallet longer?
because in this case I see it is better to use the long-term method to benefit you more, because in my opinion the long-term is a better strategy in this case because it will prevent you from selling when the price fluctuates. usually if it is implemented then this trade will be more in favor of you or other holders by getting big profits in the future


Title: Re: Do you recommend staking?
Post by: MoneyJ on August 18, 2021, 11:19:06 AM
Staking is one of the features cryptocurrency that is what people attracted to. Traditional finance cannot even offer such. So definitely I would recommend staking. Staking keeps the network secure while as a user the staked asset can grow over time.


Title: Re: Do you recommend staking?
Post by: RBLT on August 18, 2021, 12:01:10 PM
A lot of people seems to like staking. All my friends too, love staking because of the profit they can get for long-investment. I, myself haven't tried it yet but i think staking is reccomended thing to do.

And maybe i will to, staking in the near future :)


Title: Re: Do you recommend staking?
Post by: cheezcarls on August 18, 2021, 12:07:33 PM
Staking some Ethereum would be good if you can manage your risks. It locks up your funds for a certain period of time but gaining interest in the form of coins or tokens. You can also look at the APR or APY of it and the other factors as well. yes it’s passive income for sure, but once again just stake an amount that you’re willing to lose.


Title: Re: Do you recommend staking?
Post by: koang on August 18, 2021, 12:58:09 PM
A lot of people seems to like staking. All my friends too, love staking because of the profit they can get for long-investment. I, myself haven't tried it yet but i think staking is reccomended thing to do.

And maybe i will to, staking in the near future :)

Crypto staking is the safest way of earning profit in the crypto-asset ecosystem. Imho
Unfortunately, crypto staking often has a fairly large entry threshold (just for a big investor)
But don't worry, for small investors, there are still opportunities to get passive income from crypto staking, one of which is the SAT coin (Smartx)
SAT Coin Has a very low entry threshold and one of the highest APY in the market which makes it affordable and profitable. DYOR


Title: Re: Do you recommend staking?
Post by: lepbagong on August 19, 2021, 11:31:14 AM
For now, maybe alternative staking is still new and there are many enthusiasts because it is almost the same as deposit only and the funds we save will produce for a certain time. but along the way, we will also not know that if there are many interested people, then the funds absorbed will be large and it is certain that the results that will be obtained will also decrease due to the increasing number of participants. So far there has been no other experience for staking whether there will be any impact if the funds continue to drop in price or the holder resigns.


Title: Re: Do you recommend staking?
Post by: TastyChillySauce00 on August 19, 2021, 03:06:12 PM
there is high gas fees if you can pay but also be mindful
The high gas fees only happened in ethereum, in BSC it's pretty cheap and if you use exchange to stake maybe some stablecoins it has really low fees and maybe the stablecoins also can be used in BSC.That's why if you think the fee is pretty high you should avoid using ethereum.
But staking stablecoins give low APR because its doesn't have the risk of fluctuation and also many people are staking stablecoins.


Title: Re: Do you recommend staking?
Post by: cricketkhampion on August 19, 2021, 03:22:24 PM
sir In our religion staking is Haram and future trading is also haraam if you belong with Muslim I suggest you. that you should avoid from staking and also future trading now it is your choice you want to stake or not.


Title: Re: Do you recommend staking?
Post by: Handsome Boy on August 19, 2021, 05:34:50 PM
You can stake ETH at https://ethereum.org/en/eth2/staking/ and become a validator for ETH 2.0 but you need 32 ETH

or if 32 ETH is too much, then we can also do staking ETH 2.0 on Binance exchange and in my opinion Binance exchange is one of the biggest exchange at the moment, so I'm sure ETH that we staking in Binance exchange is definitely safe, therefore without having to have 32 ETH, then we can still do staking ETH 2.0 and earn passive income from staking ETH.


Title: Re: Do you recommend staking?
Post by: nicolas1979 on August 19, 2021, 08:29:16 PM
You can stake ETH at https://ethereum.org/en/eth2/staking/ and become a validator for ETH 2.0 but you need 32 ETH

This requires a large amount of Ethereum to stake. 32 ETH is a huge amount, it's just that those who have a large amount of Ethereum can staking it on the official Ethereum website. But we can also use Beaconcha for staking Ethereum less than 32. But I've never tried it, so can't be sure how many APR it gets.
However there are some exchanges that offer staking of Ethereum or other coins, but the time is very short.


Title: Re: Do you recommend staking?
Post by: rosebrand on August 19, 2021, 10:54:50 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
There are many staking sites and platforms out there which gives a very high APR but the main concerned is being safe, some of this project after so many promises, there get much funds from investors staking and then rug pull. So for me I did recommend  $Near for staking, no stress you can stake in your  mobile wallet and it's 100% safe with  lucrative rewards, and also you can as well stake on sushi which just had partnership with  near and gives high rewards up to 400 % and above.


Title: Re: Do you recommend staking?
Post by: Mkmanik on August 24, 2021, 09:16:16 AM
Staking is a good way to earn some passive income. But for staking you need to choose the coin very carefully. Because at altcoin there is a huge risk, Market manipulation is very easy here. So you decided to stake Ethereum. If you have a lot of money, Then it's a good choice. because Ethereum price will be high in the future(prediction).
Now I am Staking a few AME coins that I received from bounty, The rate is also good. Kucoin is also offering staking service. There you can stake some Altcoin with a good return. Here is kucoin staking link https://pool-x.io/ Binance link for stake https://www.binance.com/en/defi-staking


Title: Re: Do you recommend staking?
Post by: Malam90 on August 25, 2021, 01:34:29 PM
I recommend staking because staking is a big source of passive earn for me. But it's not easy to find out a good project for investment there for staking. Staking in Pancakeswap, Babyswap, Cherryswap is good for passive earn. Many new projects comes but most of them are risky although they offers massive APR to draw attention of the investors and many go away after raising money.


Title: Re: Do you recommend staking?
Post by: livingfree on August 25, 2021, 11:49:20 PM
I recommend staking because staking is a big source of passive earn for me. But it's not easy to find out a good project for investment there for staking. Staking in Pancakeswap, Babyswap, Cherryswap is good for passive earn. Many new projects comes but most of them are risky although they offers massive APR to draw attention of the investors and many go away after raising money.
They're risky.

Specially if the coin that you're going to stake isn't that popular but it's giving you high percentage of interest as you stake. There's the higher risk for those type of coins.

But if you're aware of it and with those swaps that you use, you still need to choose that has a reputation and got a better security.


Title: Re: Do you recommend staking?
Post by: Psynthax on August 26, 2021, 12:09:19 AM
A lot of people seems to like staking. All my friends too, love staking because of the profit they can get for long-investment. I, myself haven't tried it yet but i think staking is reccomended thing to do.

And maybe i will to, staking in the near future :)
Many people like it because it's easy to stake and it looks the same as investing staking sometime the prize tokens.
But with staking if we are bad at choosing the promising project it can become bad for long term because we don't know the price of the token in the future
and the prize can have low value.
Recommended or not I think it still on the project that we choose to stake, if the project is good it will give good result.


Title: Re: Do you recommend staking?
Post by: H1N1 on August 26, 2021, 01:53:56 PM
Staking is one of the features cryptocurrency that is what people attracted to. Traditional finance cannot even offer such. So definitely I would recommend staking. Staking keeps the network secure while as a user the staked asset can grow over time.

Many people get attracted into staking because it doesn't need mining devices like PoW coins such bitcoin or dogecoin.
When we mining with mining devices, we must have some knowledge to setup the mining equipment so the miner can run.
But in staking, we just need to buy the coin and have a little knowledge to stake it.


Title: Re: Do you recommend staking?
Post by: Malam90 on August 26, 2021, 02:21:29 PM
I recommend staking because staking is a big source of passive earn for me. But it's not easy to find out a good project for investment there for staking. Staking in Pancakeswap, Babyswap, Cherryswap is good for passive earn. Many new projects comes but most of them are risky although they offers massive APR to draw attention of the investors and many go away after raising money.
They're risky.

Specially if the coin that you're going to stake isn't that popular but it's giving you high percentage of interest as you stake. There's the higher risk for those type of coins.

But if you're aware of it and with those swaps that you use, you still need to choose that has a reputation and got a better security.

Security is prime factor but those 3 swaps have already good reputation and we don't have control if those site got hacked like Polynetwork. No risk no gains here. I have earned at least 2x of my capital in the last two months by staking from Babyswap, Cherryswap. I also believe high APR is always high risky but if we can select and invest in right time, we can gain much like Babyswap's Baby tokens gave 3x profits recently and also staking rewards. I will recommend users not to invest for staking in new swaps or you may be victimized of scams most of the times.


Title: Re: Do you recommend staking?
Post by: Insomnia family on August 26, 2021, 02:34:14 PM
yes true, staking is a big advantage for those who start early because the APY percentage will be higher but at the same time I think it will be a valid solution especially if you are one of the long term investors passive income can give you financial freedom. but keep in mind also to bet on large exchanges usually offer a large percentage of profits. for me personally like staking on the BSC network, I mean staking on Pancakeswap and Apeswap.


Title: Re: Do you recommend staking?
Post by: mumang siat on August 26, 2021, 02:48:57 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

All forms of transactions will definitely get risk, either intentionally or not, but we can minimize this by first studying the transactions that we use, you also have to really know how to do it, I think everyone has prepared the steps in making transactions, even We will find the smallest level of risk anywhere, so any form of transaction is definitely risky, whether using ethereum, BlockFi or others.


Title: Re: Do you recommend staking?
Post by: sarmrakib on August 26, 2021, 03:06:03 PM
I recommend staking because staking is a big source of passive earn for me. But it's not easy to find out a good project for investment there for staking. Staking in Pancakeswap, Babyswap, Cherryswap is good for passive earn. Many new projects comes but most of them are risky although they offers massive APR to draw attention of the investors and many go away after raising money.
They're risky.

Specially if the coin that you're going to stake isn't that popular but it's giving you high percentage of interest as you stake. There's the higher risk for those type of coins.

But if you're aware of it and with those swaps that you use, you still need to choose that has a reputation and got a better security.

Security is prime factor but those 3 swaps have already good reputation and we don't have control if those site got hacked like Polynetwork. No risk no gains here. I have earned at least 2x of my capital in the last two months by staking from Babyswap, Cherryswap. I also believe high APR is always high risky but if we can select and invest in right time, we can gain much like Babyswap's Baby tokens gave 3x profits recently and also staking rewards. I will recommend users not to invest for staking in new swaps or you may be victimized of scams most of the times.
Staking is one of the best way of earning cryppto .It is a passive income though you can earn a lot .You have said that you have earned a lot from by staking Babyswap .I think we need to select the right platform where we wanna stake our coin .Its need to be more secured and trusted as well if not you can loose your valuable investment .So before stake we need to cjoose the right platform .I always reccomend to stake the reputed coin or top coin where you get a good APR .


Title: Re: Do you recommend staking?
Post by: Plinteng on August 26, 2021, 03:24:43 PM
Before you stake, my advice you need to check if the site is a good and safe place to keep your money for a long time. I will direct you to visit the Apeswap site. decentralized exchange gives higher APR, why not consider it, currently i bet my BANANA coin on apeswap finance which gives me big reward why not you?


Title: Re: Do you recommend staking?
Post by: Ronzybloch on August 26, 2021, 04:23:41 PM
You can stake ETH at https://ethereum.org/en/eth2/staking/ and become a validator for ETH 2.0 but you need 32 ETH
Bro ,  staking is 100% intreset and interest is haram in islam , as a muslim i will never recomende to you about staking ,  and by the way  If there is  a market crash, and you have stake your any coin,   then the value of your holdings could decrease so it's beter not to stake .


Title: Re: Do you recommend staking?
Post by: LordMiguel on August 26, 2021, 04:54:18 PM
yes i recommends staking because it is a very good means of investment. every financial industry has a staking process where u can stake your accet. but traditional and digital investment has staking opportunites. recently, staking rewards, a website that promotes staking shows a review between staking traditional and digital investments. it was clear that digital access like crypto offers more opportunities.


Title: Re: Do you recommend staking?
Post by: Golftech on August 26, 2021, 05:02:51 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

All forms of transactions will definitely get risk, either intentionally or not, but we can minimize this by first studying the transactions that we use, you also have to really know how to do it, I think everyone has prepared the steps in making transactions, even We will find the smallest level of risk anywhere, so any form of transaction is definitely risky, whether using ethereum, BlockFi or others.

If you don't have further knowledge then risk is much greater,

It's true that with good understanding your chance to succeed is way high,

just needed to widen your resarch if your really wanted to lessen the chance of losing your money and risking
your investment.

internet have a lots of resources to find information about things that you wanted to understand much deeper, do your DYOR.


Title: Re: Do you recommend staking?
Post by: rjsolutions28 on August 26, 2021, 05:10:38 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!


Staking is a lucrative investment. There is little risk since staking means holding the token. My go-to Staking Platform is Defi Magic. Their APR, APY, yield is absolutely green and it is a great project. I recommend you check it out.


Title: Re: Do you recommend staking?
Post by: faithupgrade on August 26, 2021, 05:15:05 PM
Theres a cons and pros for staking. But so far whether it is bull run or bear season. If you stake in ETH, you have an assurance that the coin invested their will surely get profit later.
Some things I learned over the years from staking.

1. Staking is very profitable during bull run.
2. Checkout what you are staking. Specially the low cap ones. There are plenty of garbage coins to stake in Polygon network..


I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!


Title: Re: Do you recommend staking?
Post by: Rikotin on August 26, 2021, 05:21:32 PM
yes, staking is an alternative to earn extra money. in my case, staking I use as my passive income every 3 months but if I am pressed for money then I will withdraw it once a month. and this is really real I have set it since the end of 2020 until now and I use CAKE, AXS, BANANA, BUNNY. even income from staking equal to 2x of my income in the real world. This is very fun


Title: Re: Do you recommend staking?
Post by: Ryker1 on August 26, 2021, 09:44:58 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!


Staking is a lucrative investment. There is little risk since staking means holding the token. My go-to Staking Platform is Defi Magic. Their APR, APY, yield is absolutely green and it is a great project. I recommend you check it out.
Well that is what we called here a playing safe in the market while holding you are gaining from the platform where you stake your asset.
Staking is less risky but it is also less of making a profit, there is no potential that it could earn a big amount in just a single day. All you have to do is to wait a month or year for making a profit and the risk could be if the exchange platform where you trust your money will perhaps shut down in the future and there is nothing you can do. In my own, staking is good but you need to choose which exchange is trusted.


Title: Re: Do you recommend staking?
Post by: dhemasm on August 26, 2021, 09:48:16 PM
Bro ,  staking is 100% intreset and interest is haram in islam , as a muslim i will never recomende to you about staking ,  and by the way  If there is  a market crash, and you have stake your any coin,   then the value of your holdings could decrease so it's beter not to stake .
Umm, Basically i'm also islam but this it's not suit to discuss it here since not all members all here was muslim. Some altcoin especially ETH, BNB, TRX, BTC have low risk comparing to other altcoins and the rates that offered was also high so it was really worth to stake, I mean where is the bank that offering more than 5% Interest rate. If you want more safer than you should try some USDT or any stable coins staking options, Some exchange like Binance and Kucoin so far i know it's offering this but it's have limited slot.


Title: Re: Do you recommend staking?
Post by: TastyChillySauce00 on August 27, 2021, 06:29:44 AM
Many new projects comes but most of them are risky although they offers massive APR to draw attention of the investors and many go away after raising money.
This is why it's important to choose the best project for staking. Massive APR can be used for marketing and to draw attention of the investors but it can also become gimmick. However if we stake in a reliable platform and stake for the best project available, it prevent us from losing and give expected rewards. Only choose a project that's already popular for staking like AXS or also PYR since they already have markets in my opinion, therefore it has really small chance of making us losing our staking.


Title: Re: Do you recommend staking?
Post by: Melignya on August 27, 2021, 09:05:23 AM
Found a good article on the subject, I think you'll find the information you're looking for here https://blockster.com/blockdesk/1410_can-staking-lose-your-crypto


Title: Re: Do you recommend staking?
Post by: mumang siat on August 27, 2021, 09:52:39 AM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

All forms of transactions will definitely get risk, either intentionally or not, but we can minimize this by first studying the transactions that we use, you also have to really know how to do it, I think everyone has prepared the steps in making transactions, even We will find the smallest level of risk anywhere, so any form of transaction is definitely risky, whether using ethereum, BlockFi or others.

If you don't have further knowledge then risk is much greater,

It's true that with good understanding your chance to succeed is way high,

just needed to widen your resarch if your really wanted to lessen the chance of losing your money and risking
your investment.

internet have a lots of resources to find information about things that you wanted to understand much deeper, do your DYOR.

That's right, it takes sufficient knowledge to enrich knowledge and understand the level of risk that will occur in the future, if we do not have that knowledge, it is very likely that we will experience big risks.

Research also needs to continue to be carried out, to understand the current conditions and reduce the risk of losing money on previous investments, if all of this we can do well, then the chance of loss will be very small in the future, currently there are many internet providing the latest news, maybe This can also be used to add insight.


Title: Re: Do you recommend staking?
Post by: Ulvajaya on August 27, 2021, 01:39:26 PM
Staking is better than holding. If you hold any stackable token/coin for long term. Then it’s better to stake that. Cz, You will get some staking reward from it and you still a holder of that asset.


That's right as you think, because then we are safer and don't need to be wary of losing our Ethereum, and I've also done that so we can get bet rewards from these tokens and the assets we keep


Title: Re: Do you recommend staking?
Post by: MauJohn21 on August 27, 2021, 02:29:29 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

You could also consider staking with Divi, not only is it still a good alternative to generate passive income and thus increase investment, but its technology is one-click so it facilitates the whole process.


Title: Re: Do you recommend staking?
Post by: Benefactor on August 27, 2021, 03:30:04 PM
You generally need to recall that assuming you need to stake them there you need to send your coins there and with that there is consistently a danger implied. Trades can be hacked and this might actually prompt a complete loss of your coins. It additionally gets your venture and keeps you from not investing it during distressing energy.


Title: Re: Do you recommend staking?
Post by: Pelana vreo on August 27, 2021, 03:56:43 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

You can staking on Binance, Atomic wallet or MEW, there are many options but if you are looking for high APR then it is difficult for you to get, because on average staking gives you 10% and I think that's good.
Btw, you can stake other coins on the Binance exchange, earn passive income and increase your portfolio for long term profits. DYOR


Title: Re: Do you recommend staking?
Post by: daenarys_stormborn on August 27, 2021, 04:08:31 PM
Of course, I highly recommend staking, because in my opinion staking is the most appropriate way to save and earn passive income, my advice is to always use a safe exchange for staking, for example on Binance


Title: Re: Do you recommend staking?
Post by: andireynold98 on August 27, 2021, 04:29:39 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
Well i just know staking for a while. First time i was staking on cake/bnb at pancakeswap, they have such great APY up to 50-55% at that time. Now i do staking too on Divi, divi is really great with their staking too also their rewards weekly for sure and they have average APR too. But Divi is on another blockhain, he has his own blockchain. If you're searching up for an alt coins/project you should check Divi out. But make sure to Do own research first before more dive in to it.


Title: Re: Do you recommend staking?
Post by: Veter2000 on August 27, 2021, 06:04:38 PM
Everyone should decide for themselves based on their attitude to risk, investment horizon, financial situation and level of knowledge in cryptocurrencies. For me, staking, crypto-lending, investments in pools in DeFi are much more profitable, profitable and less time-consuming and less stressful than trading. I can advise you to take a closer look at CelsiusNetwork, Nexo, BlokFi, Autopharm, Belt


Title: Re: Do you recommend staking?
Post by: Malam90 on August 30, 2021, 02:12:20 PM
Many new projects comes but most of them are risky although they offers massive APR to draw attention of the investors and many go away after raising money.
This is why it's important to choose the best project for staking. Massive APR can be used for marketing and to draw attention of the investors but it can also become gimmick. However if we stake in a reliable platform and stake for the best project available, it prevent us from losing and give expected rewards. Only choose a project that's already popular for staking like AXS or also PYR since they already have markets in my opinion, therefore it has really small chance of making us losing our staking.

Right, new projects with high APR sometimes brings danger for the safety of the investment. Recently Kapeswap first offered high APR and later they scammed but fortunately i have come out before scams. I agree with you that we have to select the project already popular and familiar for honesty. After all, staking is now a hot trend of passive income that we can't deny but needs to be careful otherwise funds may be gone to the scammers' hands.


Title: Re: Do you recommend staking?
Post by: Ever-young on August 30, 2021, 04:29:21 PM
Staking Defi coins for me I think is the best, instead of just holding your token on your wallet. Staking gives you some percentage of the token, that's when you stake in the right place, Binance have given me serious of benefits why staking.


Title: Re: Do you recommend staking?
Post by: 7788bitcoin on August 30, 2021, 11:34:46 PM
Of course, I highly recommend staking, because in my opinion staking is the most appropriate way to save and earn passive income, my advice is to always use a safe exchange for staking, for example on Binance
Why do you need Binance when you can stake the coins directly from your own wallet. I hold coins which i trust and if i trust the project i can stake the coins without the help of a third party unless you are providing liquidity in a pool. Majority of the time i look for new trending projects and invest a few hundred dollars and start staking once they launch their platform and you could get a much better APR if you are staking during the initial stages.


Title: Re: Do you recommend staking?
Post by: travwill on September 21, 2021, 10:02:16 PM
Definitely yes, if you are one of the people who can be called holders.
In any case, staking is a safe way to further increase the volume of the portfolio without any risks other than those that were already included at the moment of investing in cryptocurrency.



Title: Re: Do you recommend staking?
Post by: superman184 on September 21, 2021, 10:38:34 PM
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!
I guess for the main reason why I don't like the staking feature, I probably can't tell you. But I can make an easy calculation for you. Because the market is currently in a maximum decline. I'm totally against the APR feature. But you can do your research and then your prediction. I hope I delete them all.