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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Anthony_4 on February 10, 2022, 07:22:46 AM



Title: How good is staking coins?
Post by: Anthony_4 on February 10, 2022, 07:22:46 AM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)


Title: Re: How good is staking coins?
Post by: 7deadlyBTCIN on February 10, 2022, 09:13:37 AM
Staking is pretty effective if you have the patience, the higher the doge coins you have the higher your staking reward will be, staking platforms have different staking rewards in percentage, some are 6% per annual while some are more, use binance exchange for staking it's one of the best.


Title: Re: How good is staking coins?
Post by: Findingnemo on February 10, 2022, 09:18:25 AM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
staking helps the coins to grow and it will be working only for the people who have billions already in their banks and Don't know where to invest and also they are ready to lose it as well to make very little returns. But for someone who is expecting the staking to give returns in few months has more chances to disappoint you because you may get upto 10% return in a year while the coin has potential of losing its 50% value in few hours.


Title: Re: How good is staking coins?
Post by: tabas on February 10, 2022, 09:28:36 AM
How much money do you make from staking each month?
It is not profitable when you're going to stake with a small amount.
People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
That's why many don't seem to be interested on it because what they can earn from holding is much better than putting it on stake. Because even if the required capital is just small, you'll realize to make it profitable, you need to have a higher capital. I've been there and I don't think this is what I need. But if you're holding a coin and you don't need it for years then you stake that if you want to.


Title: Re: How good is staking coins?
Post by: redwine49 on February 10, 2022, 09:38:46 AM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
Seems I failed to understand your point especially when you mention "dogecoin".
It's been more than 5 years knowing about dogecoin as i know dogecoin using POW (proof of work) just like bitcoin.
There is no staking mechanism in dogecoin network, so the question is "what is your definition between staking and mining in this post?"


Title: Re: How good is staking coins?
Post by: KaliLinux on February 10, 2022, 10:02:21 AM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
Yeah of cause you cannot compare mining with staking because mining costs way more to set up and pays more but staking is more of HODLing the crypto assets that you have in other to get some passive income from them instead of just HODL them in your wallet. Staking is not as Profitable as mining but you still good for holding stakable coins/tokens. 


Title: Re: How good is staking coins?
Post by: smartaction on February 10, 2022, 10:22:50 AM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
Staking will help you to increase your token amount but staking are not increase token price all the time. when any project offer staking then many people bought that token. Due to this, the price of token increased a bit. But later when everyone started selling tokens the price fell again. The price of a project token depends on the development of the project and a good exchanger not for staking.


Title: Re: How good is staking coins?
Post by: LogitechMouse on February 10, 2022, 10:50:19 AM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
Profit from staking differs depending on:
1. How much money did you use to buy the coin.
2. What is/are the coin/s you bought for you to stake it.

Maybe you can check this website to see how much staking reward each POS coin can give annually. https://www.stakingrewards.com/
I've been staking Cardano for almost a year already and with my experience, its good that you are holding a staking coin. You are getting profit both from capital appreciation and from staking rewards. Of course this comes with risk as well especially if the coin that you bought went down. I'm currently holding another coin that is staking but since the price of it went down significantly, I'm at a loss until now even though I'm holding more coins right now because of staking.


Title: Re: How good is staking coins?
Post by: CryptoATM on February 10, 2022, 10:51:27 AM
Staking is good you get more coins for holding your bags in staking but not as good as mining coins, you need more quantities of the coin to earn more rewards just make sure you go with good projects, I've seen some coins that later died because of lack of developing over time.


Title: Re: How good is staking coins?
Post by: DeathAngel on February 10, 2022, 11:30:36 AM
Staking USDT & USDC is possible on BlockFi, you can get up to 9% per year. I guess the only problem is the risk of them being hacked & your collateral being drained & they don’t pay you back. It’s a real risk, I’ve thought about leaving significant funds on there before & taking an easy little monthly salary out of the interest but it’s always in the back of my mind about not your keys, not your coins.


Title: Re: How good is staking coins?
Post by: khiholangkang on February 10, 2022, 12:05:29 PM
How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
For tokens that are already well known, APY is the same as deposits in conventional banks, but for new tokens they can provide more, but are very prone to fraud.
The advantage of staking in crypto in my opinion is that we can also get airdrops from new projects, this is what makes the profits much bigger.


Title: Re: How good is staking coins?
Post by: kentrolla on February 10, 2022, 12:22:23 PM
Staking is a a good concept wherein it's good for the coins which are staked and at the same time we get reward for joining the pools. Its just like recurring or FD scene of banks wherein you get x percentage of interest annually for saving the money for lock in period the same goes with crypto but with bank you don't risk losing anything from your capital investment, but when it comes to crypto if the coin which you have staked rises then you get better return as apart from the interest the value of coins would have increased and vice versa if it drops down. Staking is not for short term investors or traders. Don't jump into it unless you have a clear plan of not cashing it out and willing to accept profit/loss towards the end of staking period.


Title: Re: How good is staking coins?
Post by: ethereumhunter on February 10, 2022, 12:25:04 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
Staking is good but depends on the coin itself. As we know that there are many coins available to the stake, especially if you stake in the exchange. But the problem is we do not know if the price of the coins can increase at the end of the time we stake. Besides that, we also do not know if the price can jump higher in the middle we stake and make us miss the chance to sell at a high price. I also try to stake AXS, BNB, and other coins, but the result is not much as I do not stake in a large amount.


Title: Re: How good is staking coins?
Post by: tvplus006 on February 10, 2022, 01:09:13 PM
...People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

If you decide to hodl the coin, then the percentage of passive income that you will receive monthly will not play a decisive role for you. After all, your main goal at the same time is to save your coins in order to make a profit in the long term. And if you increase the number of coins held on the way to your goal, it will bring additional profit.


Title: Re: How good is staking coins?
Post by: Baofeng on February 10, 2022, 01:49:01 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

Depends on how much you are going to stake, so the bigger the coins the bigger your return, basic financial principle.

And you also have to look at the APR as well, in the beginning the whole staking hype, the APR was very high. And then when investors started to flock the market, some of the project lower it. So it's important factors to see as well if you are going to put your money in this staking business.


Title: Re: How good is staking coins?
Post by: Gozie51 on February 10, 2022, 03:28:52 PM
OP, staking is very good for little daily income instead letting the coin stay in wallet without use and the percentage of reward veries from different coins. I believe low value coins with cheap price are not comparable to high value coins in staking rewards. So it all depends and the quantity of the coin you are staking.

Staking is pretty effective if you have the patience, the higher the doge coins you have the higher your staking reward will be, staking platforms have different staking rewards in percentage, some are 6% per annual while some are more, use binance exchange for staking it's one of the best.

Does binance have features for staking dogecoin? Are you sure of that? I once did a check but it is not available for dogecoin


Title: Re: How good is staking coins?
Post by: Mpamaegbu on February 10, 2022, 08:06:26 PM
OP, staking is profitable if you've a crypto you aren't trading. Instead of letting it lie fallow, engage it in staking to earn passive income. In simple term, staking is what banks do when they fix your money and then pay interest on it (as if they actually pay anything meaningful). I have tokens I'm staking too. You've to make sure you're staking your cryotos on a reputable third party site to avoid being scammed. For me, I don't even look at how much they make me daily or weekly. I look at the quantity or units of cryptos it's able to generate for me, knowing full well that can be worth more once alts rally gets on.

use binance exchange for staking it's one of the best
Binance doesn't have staking for Dogecoin. At least, not now. You can cross-check your facts.


Title: Re: How good is staking coins?
Post by: iamsange on February 10, 2022, 08:19:41 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
Reward is depends on platform that we use to stake coin. Staking coin can be good if in a good platform and good coin. I mean it is all about research first before we do anything in crypto, either it is investing, staking, trading, because wrong coin can cause our loss.


Title: Re: How good is staking coins?
Post by: letyouearn on February 11, 2022, 11:58:39 PM
Staking is like trading sometimes - if you know how to do it right, you will earn a lot here :)
If you are staking all you have without any knowledge and experience - you can even lose your money.


Title: Re: How good is staking coins?
Post by: agustina2 on February 11, 2022, 11:59:58 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

You will only see the good result of staking your coins once you actually do it. There's no way we can determine the reward we can get on a daily, weekly, or monthly basis after staking a coin for a long but there should be a computed APY on those that will serve as your reference.

You can refer to your friends about his staking status. After hearing that, you can now decide if you will also try staking coins and see the result for yourself.

Goodluck mate on your plan.


Title: Re: How good is staking coins?
Post by: ropyu1978 on February 12, 2022, 12:46:01 AM
Not have enough good skill with trading choose staking as best way how to earn profit in cryptocurrency, just check coin price stable and giving good consistent APR for long term. Maybe right now have many coin given consistent APR from SFUND, RARE and AXS but keep check price before staking coin, you need buy on support price when looking for with staking coin and not worry without skill trading you have passive income with staking coin and always consistent.


Title: Re: How good is staking coins?
Post by: imamusma on February 12, 2022, 01:26:41 AM
Staking is like trading sometimes - if you know how to do it right, you will earn a lot here :)
If you are staking all you have without any knowledge and experience - you can even lose your money.
There is a difference between staking and trading in that respect, where staking has to hand over the coins to another party to be locked and trading, only we manage it ourselves with targets that we make ourselves through placing orders, both buying and selling, so in general this is is a different matter.


Title: Re: How good is staking coins?
Post by: Rengga Jati on February 23, 2022, 11:12:12 PM
It will depend on who you are.
If you are typically a trader, you will better choose to trade your coins than staking because sometimes, the profits will be much higher for trading.
But, if you are typically a holder, staking is one of the ways to do while waiting for the coins to reach a certain price or rate.
In order to do staking, there are some considerations to understand and aslo analyze before doing staking:
- Each platform may give different APY or rewards for staking, each platform will also give different staking rewards depending on what coins to stake or how many periods to stake.
- There are many staking platforms. That is way, always be careful, never only pay attention to the big APY. But you must also analyze whether the platform is actually legit, reputable, and also trusted or not. For, staking coins need times of period, you will put your coins there. If you take it in non reputable platform, there is scam probability.
- Cosnider about you are staking because you are holding for long term. Because, once you are staking and when it is still on progress, you cannot tarde your coins even they are pumping.


Title: Re: How good is staking coins?
Post by: pure crypto on February 24, 2022, 02:19:57 AM
You also have crypto.com, you can stake USDC between 6% and 14% annual


Title: Re: How good is staking coins?
Post by: Pelana vreo on March 03, 2022, 02:55:34 PM
https://www.stakingrewards.com/earn/dogecoin/ I'm looking for some sources of information on this Dogecoin staking, you can see that, in general, the supply of Dogecoin continues because of the miners, the Dogecoin blockchain doesn't support staking, but some platforms offer staking for your benefit, I don't know how it works, but I think miners are better than staking.


Title: Re: How good is staking coins?
Post by: Crypt0Gore on March 03, 2022, 03:31:09 PM
Unfortunately staking is for the rich not for the poor, the only way staking can make sense is if you have good amount of money to invest on the token or coin and then stake it for rewards..staking reward is lower than proof of work reward.


Title: Re: How good is staking coins?
Post by: Sterbens on March 03, 2022, 05:01:19 PM
Staking coins means that you have an advantage in the future and drives the growth of the crypto itself. I think so far many cryptos offer bets with mixed profits. Like in LUNA, ATOM, and many more. As for the miners, they didn't seem to have much to do with staking coins. They run on different blocks and with different percentages. I think staking can be done at an affordable cost rather than mining and you also have your own choices.


Title: Re: How good is staking coins?
Post by: JahriMeayer on March 04, 2022, 10:40:11 PM
It depends on now much extra assets you have but hope you already know about staking where you need to stake your coin and due to become a validator or provide liquidity on that platform, you will able to passive income along with holding your coin! but if you have small capital then staking isn’t recommended cause we already saw recently good altcoins also dump badly and you can't do anything if you staking them on any platform. Trading is better for small assets. Staking coin will be good option if you have big assets ora extra money or you don't know trading & you want passive income from coins


Title: Re: How good is staking coins?
Post by: Luqman on March 04, 2022, 10:56:29 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
I have ever done staking coins on Binance and also locking TKO in Tokocrypto, the local exchange legally in my country. The reward is quite interesting. Moreover, if this is done in the trusted platform, it will be secure enough. It can be done while holding so we can also get rewards by staking.

But once more, if we are willing to have short term holding, staking may be not the first major choice because sometimes, if the price suddenly rises up, we cannot sell the coins because they are locked or staking. So, we must wait for until the period of staking is ended.


Title: Re: How good is staking coins?
Post by: Mahanton on March 04, 2022, 10:59:26 PM
It depends on now much extra assets you have but hope you already know about staking where you need to stake your coin and due to become a validator or provide liquidity on that platform, you will able to passive income along with holding your coin! but if you have small capital then staking isn’t recommended cause we already saw recently good altcoins also dump badly and you can't do anything if you staking them on any platform. Trading is better for small assets. Staking coin will be good option if you have big assets ora extra money or you don't know trading & you want passive income from coins
You could get passive income on it specially if APR or APY is something that really considerable for you to dive in but if not then it isnt really worth the risks considering that
you would really be entrusting up your funds on a 3rd party which it is not recommendable to do so and it would be better if you do held off those funds on your own
to avoid such risks but there are people who are really fan of doing that.


Title: Re: How good is staking coins?
Post by: NewRanger on March 04, 2022, 11:05:16 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
if you to staking yout coins, maybe you should consider only on staking reward only but also look the future that possible give you another coins as airdrop. look at cosmos ecosystem ,most of coins of these ecosystem give us airdrop while new coins launch. JUNO , SCRT be good example for this.

Unfortunately staking is for the rich not for the poor, the only way staking can make sense is if you have good amount of money to invest on the token or coin and then stake it for rewards..staking reward is lower than proof of work reward.
once again check another points for staking, dont ony APR or APY but also potential airdrop in ecosystem.


Title: Re: How good is staking coins?
Post by: wheelz1200 on March 04, 2022, 11:05:41 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

First off if your friend built a dogecoin mining farm he is doing it wrong.  Running scrypt miners purely on doge is not profitable.  You need to mine litecoin and side mine dogecoin.  You can mine both coins at the same time which then will male it profitable.  Now as far as staking those coins, I guess with higher rewards comes higher risk like anything else.  Right now I would sit on alts just to stake.  You lose net value everyday in these markets that way.


Title: Re: How good is staking coins?
Post by: zonefloor on March 04, 2022, 11:12:50 PM
Staking activities are both risky and very lucrative in my opinion. This depends entirely on the activities and content of the project you are staking in. If a stake is made for a project that will not show a good rise or an empty project, you may even suffer a complete loss of receiving your principal money. Because the token you stake will be locked, and you may not know whether it will drop for the token at that time, and it may have serious damages. These should definitely be considered.


Title: Re: How good is staking coins?
Post by: $anounimus$ on March 05, 2022, 05:10:48 AM
Staking is one of the various preferred investment patterns using digital currency coins/tokens but you should be aware that the staking process applies to various cryptocurrencies including rules and deals. The most important thing to remember is that you should only invest what you can afford because this investment option can be risky if you don't know what you are doing and see the price now to fit back later in the future. For example, ADA locked staking interest 17% a year locked 15 days still available on Binance https://www.binance.com/en/support/announcement/17c2ee7ced72491d92b96f1157a1efd2


Title: Re: How good is staking coins?
Post by: diminizio on March 05, 2022, 05:42:21 AM
How much money do you make from staking each month?

I believe staking cannot be determined on a monthly basis.
If the staking is based on PoS mining then the result will be how much assets you stake in the PoS system.
but also the PoS system apart from the amount of capital is influenced by how much is mining the coin, because the more people mine, the less the share.

But now that we are also introduced to staking in the DeFi project I find it more modern and even cheaper than PoS systems. The earnings determined in DeFi staking are based on the liquidity pool, APY/APR provided, divided by the number of people who put their capital in.

In conclusion, PoS income is determined by the amount of capital, while Staking DeFi is determined by many things, such as APY, APR, capital, as well as the number of miners.


Title: Re: How good is staking coins?
Post by: adzino on March 05, 2022, 06:05:34 AM
You can't stake doge coin. Dogecoin is mined (like bitcoin) since it uses Proof of work. Coins that uses proof of stake or other similar algorithm are the ones that you can stake. Your friend built a dogecoin mining farm. We will get rewards for discovering blocks. The staking you are talking about is probably those centralized platforms where you can "stake" your coins. That is not actually staking. It's more like lending your coins to the exchange and in return they will give you a percentage profit.
Staking is one of the various preferred investment patterns using digital currency coins/tokens but you should be aware that the staking process applies to various cryptocurrencies including rules and deals. The most important thing to remember is that you should only invest what you can afford because this investment option can be risky if you don't know what you are doing and see the price now to fit back later in the future. For example, ADA locked staking interest 17% a year locked 15 days still available on Binance https://www.binance.com/en/support/announcement/17c2ee7ced72491d92b96f1157a1efd2
Those are temporary offers/events hosted by binance. They pay users from their own pocket (or the developers provide them with the rewards). It's a way of promoting the coin and exchange. ADA staking APY (staking from your own wallet to a decent pool) is around ~ 4.5% right now.


Title: Re: How good is staking coins?
Post by: raidarksword on March 05, 2022, 07:02:03 AM
Staking is a good opportunity to earn passive income especially in bearish market like this. If you are a long term holder, then it's the best way to earn more while waiting for another bull run or waiting for right price you want to take profit on your holdings.


Title: Re: How good is staking coins?
Post by: asyakashi on March 05, 2022, 08:12:17 AM
Staking is like trading sometimes - if you know how to do it right, you will earn a lot here :)
If you are staking all you have without any knowledge and experience - you can even lose your money.

Trading actually looks easier than staking because trading usually only has two decisions (buy/sell) with a predetermined period.
While staking requires careful calculations, some staking even requires additional investment like DeFi which has to invest 50:50 fair:token.
I think staking is perfect for those of us who buy coins in bulk who want a long period of time to withdraw all the profits rather than just holding them in a wallet. staking is more profitable.
Even though when we are staking the price goes down making the estimate not increase at least in the future we have more coins without us having to buy them again. but I believe staking requires more careful calculation than trading decisions.


Title: Re: How good is staking coins?
Post by: Ziskinberg on March 16, 2022, 02:29:24 PM
Staking is a good opportunity to earn passive income especially in bearish market like this. If you are a long term holder, then it's the best way to earn more while waiting for another bull run or waiting for right price you want to take profit on your holdings.
Indeed, It was an opportunity to grow our money but we never consider this as a passive income. I did staking for many years and based on the results, we can't just think about earning more, Besides, 3% APY is not big enough to think we can multiply our money, just was very small and we can't rely on this as a passive income.
Many had taken this option not aiming to earn big, they just consider as they are holding. It simply is good but not totally good if we aim for more profit.


Title: Re: How good is staking coins?
Post by: Fatunad on March 21, 2022, 11:59:18 PM
Currently the most talked about coin as a staking coin is the Safuu. This coin is giving the most staking in stakes.This is the highest 383025.80% APY is giving. From what I have seen it was the highest of the best in staking. However, I am giving the link for everyone to see.https://safuu.com/ (https://safuu.com/)
But this APY would really just decrease down as the pool get bigger or lots of people would be diving in.You could commonly see these % if its still new but dont get surprised
when numbers do change which is inevitable or if ever this one really get some investors or who do hold.So its a clear shill out for me for the link given.
Staking is good if you do know on how to timing trend whether its dumping or pumping then you could really take advantage.


Title: Re: How good is staking coins?
Post by: Xal0lex on March 22, 2022, 02:40:26 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

It's a mauvais ton to talk about your profits, so I don't think anyone will share the real numbers with you. If we're talking about profitable steaking, it's a profitable activity, for sure, but I'm not sure it's worthwhile for a coin like DOGE. I'd recommend to use more proven projects, like SOL, DOT, ADA, ATOM, NEAR. Those projects that already have proven liquidity pools. And you should never chase a high APY, because such pools have very high volatile losses.

Check out the stacking coins in this service: https://www.stakingrewards.com


Title: Re: How good is staking coins?
Post by: LaCucina on March 22, 2022, 07:16:53 PM

Yeah of cause you cannot compare mining with staking because mining costs way more to set up and pays more but staking is more of HODLing the crypto assets that you have in other to get some passive income from them instead of just HODL them in your wallet. Staking is not as Profitable as mining but you still good for holding stakable coins/tokens.

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791


Title: Re: How good is staking coins?
Post by: Odusko on March 22, 2022, 07:52:06 PM
Staking is one of the ways to earn passively from the network and it's a form of support for the market, all that is needed is your coins to be staked in the pool and help the coin network and you get rewarded as the coin activities and transactions and the owner get rewarded according to the amount of coin being staked.


Title: Re: How good is staking coins?
Post by: tvplus006 on March 22, 2022, 08:38:15 PM
...But for someone who is expecting the staking to give returns in few months has more chances to disappoint you because you may get upto 10% return in a year while the coin has potential of losing its 50% value in few hours.

Thus, placing coins in staking is allowed only if you decide to hold the coin for a long time until the price of the coin reaches the maximum at which you decided to sell it. In this case, by the time you sell the coins, you can increase their number in your wallet, through staking.


Title: Re: How good is staking coins?
Post by: kaya11 on March 22, 2022, 09:20:16 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

There could be decent earnings in staking base on the amount, currently I am staking my BNB on their exchange Binance. It is better than staying there doing nothing. There are lots of options not just BNB and gives you better profits, try it for yourself. I mined eth but I never stake them and just leave it for a while. The only stake coins are those in the exchange. Well the staking process doesn't suit you if you are a daily trader unless there is an allocated fund for it, then you are good to go. I stake a minimum of 3 months and I don't care whatever happens in the price of the coin within those time so better be used to that.


Title: Re: How good is staking coins?
Post by: ardydyon on March 23, 2022, 04:45:05 AM
Currently staking is a solution for long-term holders to benefit from the coins they stake.
of course the bigger the coin we stake the results will be much more. but not all provide this staking facility by giving large interest.
but this is worth doing if you really hold long term.
Currently what I think is interesting is staking on USD which gives a hefty interest for stable coins


Title: Re: How good is staking coins?
Post by: kojektea on March 23, 2022, 08:19:24 AM
Each staking platform will have a different rate or income.
They can call it APY/APR to determine the income from the liquidity pool on the staking platform.
I do not guarantee that staking is a good thing for your assets, because this definitely requires careful consideration before making a decision because even though you will benefit from a liquidity pool of course there are risks.
Usually they will take staking because they buy when the price is high to wait for the price to return or they invest for the long term and then put everything in staking.


Title: Re: How good is staking coins?
Post by: mumang siat on March 23, 2022, 08:21:00 AM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
Opinions from mining results vary greatly, it really depends on the work tools they use, because mining usually uses different methods, if done manually, the opinion is not big, except for those who use mining through sophisticated tools, I think these two things are very different, both in terms of work and opinions received, I used to hear the term mining from referrals, but now I don't know about it anymore


Title: Re: How good is staking coins?
Post by: Bobrox on March 23, 2022, 08:27:14 AM
Am staking and I can say it is rewarding, your reward is base on the amount of tokens you have on the staking pool and the Apr of the staking programme,  if the apr is high so does your reward and verse versa.
There are different type of staking from different projects, some will reward you with the native token and some will reward in top coins or stablecoins.

You can't compare staking and mining because the latter requires hardware and technical information to setup, while the former is just easy an easy step. You also need a good amount of cash to buy those hardware to mine, electricity is included. Staking does not require all this stress and you can still earn decent amount.
Exactly about reward return depending with based on with how much amount using for staking and staking pool reward from project or altcoin your allowing, about APR have some coin get different percentage like I choose with Rare coin.

First day given higher value but after several week running APR drastically drop almost 10% from first time reward receiving this happening because with pool reward distribution based on how much coins staking or other words have new member get staking with Rare coins, if many participant join there will make reward APR drop.


Title: Re: How good is staking coins?
Post by: bestcoins1 on March 23, 2022, 10:15:01 AM
Many people are doing that now, because mining for Dogecoin has been going on for a long time, as I remember there are several sites that provide Dogecoin mining, but I think that as long as mining does not involve capital it will not be a problem, unlike investment, because this must start with some considerations Moreover, the condition of Dogecoin is not in the big hype it used to be, but in the short term, as long as it can make a small profit, it's not a problem.
Free mining can sometimes also be a scam in the end so this should also be considered very well by those who want to use their time for mining, because there is no guarantee on any site to keep getting paid when it has been mined for a long time, so mining is not forever free it can pay everyone now.


Title: Re: How good is staking coins?
Post by: Rocky993 on March 23, 2022, 05:17:46 PM
The coins that are in the wallet or exchange are very small but the price is likely to increase in the future because the project is very good.  It is very logical to increase the amount by stacking all the projects and it is a good way to see the face of good profit in future.


Title: Re: How good is staking coins?
Post by: X-ray on March 23, 2022, 10:45:21 PM
maybe the main reason so many stakers out there rarely discuss in regard of their staking rewards because sometimes the staking pool fluctuates in terms of reward and if there is so many stakers queueing for staking their asset surely the investment reward will be going down and as a result becomes lower in terms of ROI.
Also staking is kinda different with mining, i’m sure with mining there is fixed result of incomes and revenues that you could generate but if it staking, each platform have relatively different rates of staking return of investment.
Remember that if doge coin was POW coin. It's also better if you staking your coin to the coin with good APY. that will make you receive more reward from your effort.


Title: Re: How good is staking coins?
Post by: macson on March 23, 2022, 11:33:17 PM
but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
The income you get from staking coins usually depends on what type of coin you stake, how much APR/APY is offered and on which platform you put the coin you stake.  just try to pay attention to what percentage of APY is offered pancake swap and blockfi on the same token (say BNB) there you will find different daily income differences.


Title: Re: How good is staking coins?
Post by: lornadane on March 24, 2022, 03:26:01 AM
It's based on the coin which you had staked for the long run.For staking you need to use the exchange correctly.Only the reputable exchange are safe to do staking.If you done a staking on new exchange by consider on huge project.Their is risk in get back of your staked dollars.Such exchanges may fly away with all staking money.

Yes I agree with your opinion, that's why I prefer to hold dollars over altcoins even though the dollar doesn't make much profit, but the exchange is easier with any exchange, that's my principle.
And I am also more flexible in ensuring its security as well.


Title: Re: How good is staking coins?
Post by: mumang siat on March 24, 2022, 07:39:54 AM
It's based on the coin which you had staked for the long run.For staking you need to use the exchange correctly.Only the reputable exchange are safe to do staking.If you done a staking on new exchange by consider on huge project.Their is risk in get back of your staked dollars.Such exchanges may fly away with all staking money.

Yes I agree with your opinion, that's why I prefer to hold dollars over altcoins even though the dollar doesn't make much profit, but the exchange is easier with any exchange, that's my principle.
And I am also more flexible in ensuring its security as well.
Dollars and altcoins do have different levels of security to hold, but altcoins can also be used, as long as they have potential in the long and short term, indeed that dollars are easier to exchange for anything, but if you can collaborate both are even better, without ignoring the level of security between the two, but different people may have different ways of maximizing investment, this is normal and cannot be equated all


Title: Re: How good is staking coins?
Post by: RealMalatesta on March 24, 2022, 03:09:17 PM
Free mining can sometimes also be a scam in the end so this should also be considered very well by those who want to use their time for mining, because there is no guarantee on any site to keep getting paid when it has been mined for a long time, so mining is not forever free it can pay everyone now.
"Free" anything could turn out to be a scam. I would suggest highly not to go with free anything because if someone is claiming to be free, more often than not they are not free at all. Mining doge could be profitable, you need to check that on mining calculators and if you have a GPU or a rig, then you need to put that in and calculate which coin you should mine. There are a million websites like that which would tell you.

But, I got out of that game long time ago, using that money to buy tokens and staking them is a lot simpler than mining. Sometimes it is even more profitable, but usually it is not. The difference is that there is no risk involved, mining could be a big loss if you face a ton of problems, whereas staking is just staking.


Title: Re: How good is staking coins?
Post by: pragna on March 24, 2022, 03:26:42 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

Actually there are different kinds of staking like-
01) PAM (per Annam)
02) Monthly.
Maximum time every exchanges give per Annam percentage of profit and some are monthly which is rear. Not only that some give good ratio and some also low.On the other hand some exchanges give the opportunity that you can brake staking anytime but some are strictly forbidden. Now whats your friend doing with you its b2n your connectivity.


Title: Re: How good is staking coins?
Post by: tsaroz on March 24, 2022, 03:34:08 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

Staking should be a part of your investment strategy. There are a lot of ways to stake involving various risks. Centralized exchanges provides the least risky and hassle free staking. Higher profitable staking are found among farm and pool yield aggregators but there are a few things to consider while investing on them including the price of the staked coin or the pair of them. Staking should be planned ahead and best be done with a fixed and longer period of time to avoid unnecessary fees.


Title: Re: How good is staking coins?
Post by: fvb on March 24, 2022, 03:51:44 PM
With centralized exchanges, staking should only be done on those with proven track records that have stood the test of time. You all know them very well. Personally, I like to do this on the DEX, respectively, also on sites that are trusted by many users. Good thing and, accordingly, passive income.


Title: Re: How good is staking coins?
Post by: SDKmaster on March 24, 2022, 03:56:14 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

The opportunity to earn free tokens and earn passive income attract a lot of users for staking.
But for staking the most important thing is to find the most prospective and profitable tokens and block them for staking.

Staking does not require electricity or special computor. It is necessary just to buy tokens and hold them.
The most important in staking is to find the right project for investment and buy its tokens in the right time for staking.


Title: Re: How good is staking coins?
Post by: Bobrox on March 25, 2022, 12:50:05 AM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

Staking should be a part of your investment strategy. There are a lot of ways to stake involving various risks. Centralized exchanges provides the least risky and hassle free staking. Higher profitable staking are found among farm and pool yield aggregators but there are a few things to consider while investing on them including the price of the staked coin or the pair of them. Staking should be planned ahead and best be done with a fixed and longer period of time to avoid unnecessary fees.
Higher profitable return have higher risk with coin price actually with new coin launching, but when staking on centralized exchange keep guarantee with stable reward return and never have any change value. But if you try staking on dapp exchange depending with how many participants is contributing for staking coin. Keep stable coin price like AXS and you can stake on Binance exchange market but today have reach higher price and better waiting when AXS back drop under $50, giving 75% APR reward and coin price keep stable is worth as long term investment with investor have less skill on trading.


Title: Re: How good is staking coins?
Post by: Tellek Garing on March 25, 2022, 02:11:07 AM
Staking is a good means of earning passive income on any coin but staking also comes with its shortcomings, much a staking wrong coin that does not have long term value, but if you stake a good coin that has future potential or can lead to a good income channel.

So once your homework of choosing the right coin to stake and having the patience to wait for your staking to get rewarded for long to accumulate higher as the time passes.


Title: Re: How good is staking coins?
Post by: TWW on March 25, 2022, 02:37:14 AM
Staking is a good means of earning passive income on any coin but staking also comes with its shortcomings, much a staking wrong coin that does not have long term value, but if you stake a good coin that has future potential or can lead to a good income channel.

So once your homework of choosing the right coin to stake and having the patience to wait for your staking to get rewarded for long to accumulate higher as the time passes.
but sometimes when we stake coins on certain platforms the price tends to fall. indeed not all cases of coins like that. but I've experienced it.
buy some coins and stake with 60% APR, but after the staking time is over the coin price tends to drop. maybe my planning is not good in choosing coins. but after holding 3 months later coins increase and I get profit after.


Title: Re: How good is staking coins?
Post by: onecall123 on March 25, 2022, 04:51:15 AM
Staking is a good means of earning passive income on any coin but staking also comes with its shortcomings, much a staking wrong coin that does not have long term value, but if you stake a good coin that has future potential or can lead to a good income channel.

So once your homework of choosing the right coin to stake and having the patience to wait for your staking to get rewarded for long to accumulate higher as the time passes.
The terms of passive income are only applicable to beginning stage, or if you've more assets, the more you'll earn. Furthermore, the APR decreased over time, as well as the price. Over the last 8 months, I staked a lot. Both the ups and downs of the stake process have been experienced by me. However, you should choose the platform on which you are confident that the uptrend will continue in the long run.


Title: Re: How good is staking coins?
Post by: llecrf on March 25, 2022, 06:14:38 AM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
From the experience I've had at Biswap, the passive income I get is very good, I won't give you an idea or profit percentage, because a percentage like APY will not make the price of the coin you get make you profit, the price of the coin will definitely go down because a lot people who get coins from staking and they sell them.
Recently I sae the SAFUU platform give more than 300k% APY, but I believe the price of the coins produced will decrease as the number of coins sold after staking increases


Title: Re: How good is staking coins?
Post by: 5W-KILO on March 25, 2022, 06:24:00 AM
Staking only makes sense if you have enough money invested on a token or coin this is the only way you can get good passive income, if I have to choose between mining and staking my answer will be mining because you can build a rig with 500$ or let's say 1 GPU rig but you can't use that money on staking because the reward will turn you off.


Title: Re: How good is staking coins?
Post by: Fesatmas on March 25, 2022, 01:02:53 PM
When we want to staking coins then we must be prepared for the eventuality that occurs. And I think doing research on the coins we are going to staking requires a little more digging into the coin. It is true that risking will make for more, but don't forget that it has quite a big risk too. The point is from the research we made whether the coin is worth betting on or not, because not all coins are good for that. If we are a little hesitant for it then I I suggest don't do it.


Title: Re: How good is staking coins?
Post by: perfect999 on March 25, 2022, 06:36:12 PM
I don't really understand the problem of mining from free sites, but in 2017 I've done it several times, the results are in the good category and not a scam, after that I never do it again, because my focus has been on the bounty, indeed there are some friends who say that mining on some sites is usually a scam, but because at that time I wanted to try it I continued to do it, and today I have not heard of the mining anymore
Mining from a website are called cloud mining and they actually work when the time cryptos are not yet popular because the difficulty of mining a coin that time is not hard as today but today almost all cloud mining sites now are fake. You switch on the bounties for that same reason right? but even in bounties the scams are also rampant and of course we should not forget that airdrops suffered the same fate.

It's so sad that the great times for earning a free cryptos have come to an end. If you want to earn a crypto right now, you can either buy it, stake it, or mine it the traditional way or by using a miner but that's not going to be easy now.


Title: Re: How good is staking coins?
Post by: AnonBitCoiner on March 25, 2022, 06:48:09 PM
Staking coins will give you passive income but very risky because most of the users jusing it for stacking purpose. When reward become low than most of whale sell and its cause massive down in price of coin.


Title: Re: How good is staking coins?
Post by: clarkt on March 25, 2022, 06:57:37 PM
Building a rig when Major Altcoin are moving to Proof of stake model of mining, transacting and securing the network for me is a share waste of resources! Staking has become very profitable in the recent times. I have regularly stake $4000 Worth of usdt with daily return of $40! There are also many other coin with attractive Apr out there!


Title: Re: How good is staking coins?
Post by: retreat on March 25, 2022, 07:04:49 PM
<.>
From the experience I've had at Biswap, the passive income I get is very good, I won't give you an idea or profit percentage, because a percentage like APY will not make the price of the coin you get make you profit, the price of the coin will definitely go down because a lot people who get coins from staking and they sell them.
Recently I sae the SAFUU platform give more than 300k% APY, but I believe the price of the coins produced will decrease as the number of coins sold after staking increases
I also have an asset that I stake in Biswap and compared to other DEX platforms, I recommend Biswap more. Regarding SAFU, you should be careful because usually projects that offer a high APR or ROI will end up being a scam.


Title: Re: How good is staking coins?
Post by: Bobrox on March 25, 2022, 11:28:06 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
From the experience I've had at Biswap, the passive income I get is very good, I won't give you an idea or profit percentage, because a percentage like APY will not make the price of the coin you get make you profit, the price of the coin will definitely go down because a lot people who get coins from staking and they sell them.
Recently I sae the SAFUU platform give more than 300k% APY, but I believe the price of the coins produced will decrease as the number of coins sold after staking increases
First time launching to public BSW or Biswap coin giving almost 300% APR but later price drop drastically from $2 and now drop under 0.7$ after have pumping price by listing on Binance. I see this high return and risk with staking on coin give higher APR above hundred percent, we have not long term keep staking and good thing if any coin without give penalty when unlock staking coin, available selling when we want and not really care about
how long keep staking but keep safety for carry out when price suddenly drop.


Title: Re: How good is staking coins?
Post by: Rigon on March 25, 2022, 11:58:00 PM
The price of all the coins that are stacked goes down a lot at once. I have seen a lot like this, after holding it, I saw that the price of that coin dropped completely.But one of the best stacking coins I've seen is the Safuu Network.Holding these coins in the wallet gives stacking for 15 consecutive minutes.It is giving the highest APY 380945%. The best stacking coins given to me with a maximum APY.


Title: Re: How good is staking coins?
Post by: lizarder on March 26, 2022, 05:29:01 AM
I don't really understand the problem of mining from free sites, but in 2017 I've done it several times, the results are in the good category and not a scam, after that I never do it again, because my focus has been on the bounty, indeed there are some friends who say that mining on some sites is usually a scam, but because at that time I wanted to try it I continued to do it, and today I have not heard of the mining anymore
Mining from a website are called cloud mining and they actually work when the time cryptos are not yet popular because the difficulty of mining a coin that time is not hard as today but today almost all cloud mining sites now are fake. You switch on the bounties for that same reason right? but even in bounties the scams are also rampant and of course we should not forget that airdrops suffered the same fate.

It's so sad that the great times for earning a free cryptos have come to an end. If you want to earn a crypto right now, you can either buy it, stake it, or mine it the traditional way or by using a miner but that's not going to be easy now.
I have seen almost no more mining sites for now, even if there are only untrusted sites, the changing times no longer provide a place for free to do mining, now the pattern has changed by way of purchases, so it's no wonder for now sites -the site is no longer visible, so the previous perspective can no longer be run for now, because of that the shift in mining methods has also been included in the category of using technology


Title: Re: How good is staking coins?
Post by: zayika570 on March 26, 2022, 12:10:07 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Cryptocurrency staking now is popular because it allows to earn passive income.
But for staking it is very important to choose the right coin which have a potential for the future development.

Cryptocurrency offers many opportunities to earn money and one of such opportunities is staking.
Now staking very popular and many projects offers different kind of staking and passive income.


Title: Re: How good is staking coins?
Post by: Negotiation on March 26, 2022, 12:51:18 PM
If you can wait and have technical knowledge about trading, then crypto stacking is worth it if you lack skills don't risk your money. It depends on the cryptocurrency you want to participate in you do not want to be frustrated if you cannot get the right pitch so invest in a good capo.


Title: Re: How good is staking coins?
Post by: Zackgeno96 on March 26, 2022, 01:02:32 PM
It is good for people who are holding their coins for too long since they would be able to generate more of that coin rather than just letting it stay in the wallet but there are different types of staking and you should consider also where are you going to stake if it is safe or not, what coin your are going to stake and lastly they APY or the return to you.


Title: Re: How good is staking coins?
Post by: Anonymous100 on March 26, 2022, 05:22:00 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

Those who seek coins from mining will be more profitable if the price of coins increases. Like those who did mining before 2020, and they sell in 2021. They will get double profits from mining results. But if the price of the coin drops, then the miners will not produce anything, they have to pay higher costs for electricity and mining equipment. Income and expenses do not match.


Title: Re: How good is staking coins?
Post by: Pamadar on March 26, 2022, 05:30:18 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

Those who seek coins from mining will be more profitable if the price of coins increases. Like those who did mining before 2020, and they sell in 2021. They will get double profits from mining results. But if the price of the coin drops, then the miners will not produce anything, they have to pay higher costs for electricity and mining equipment. Income and expenses do not match.

Good point and that's the risk of mining and then staking those coins in any exchange wallet,

Once the value of your mine coin dump it will affect your operation, it's true that you will need to pay extra instead of getting
some decent amount of profits. It's always best to sort those project first before picking your asset.

It may give you passive profits if you find the right coin that will continue the progress and keeps gaining support from the
market.


Title: Re: How good is staking coins?
Post by: ivankoh on March 26, 2022, 07:28:38 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
Staking is an advanced Hold option for the crypto space given the recent defi boom.  Exploiting staking rewards also leads to passive income, but also means risk.  The rewards for staking are varied and vary across platforms for both Cex or Dex staking.  The majority of staking applies more widely on launchpad ecosystems to profit when buying ido tokens.  The profitability of staking is large or small depending on the number of stakes and time.  I am also staking on defi platform


Title: Re: How good is staking coins?
Post by: magneto on March 26, 2022, 11:08:35 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

Doge is not a staking coin?

He's probably either lending it out on some platform or doing some LPing on some pool. These are not the same as staking.

In general, staking is a great way to make passive income. Virtually no risk, you get paid in the native token, etc. No point not doing it if you hold a PoS coin anyway.


Title: Re: How good is staking coins?
Post by: boty on March 26, 2022, 11:35:51 PM
Staking only makes sense if you have enough money invested on a token or coin this is the only way you can get good passive income, if I have to choose between mining and staking my answer will be mining because you can build a rig with 500$ or let's say 1 GPU rig but you can't use that money on staking because the reward will turn you off.
maybe you to know staking in cosmos ecosystem.ATOM ,JUNO , SCRT staking give you alot benefit, only by staking we will got double reward. 1st from APR , second we will get stakedrop from new project that launched in those ecosystem. this ecosystme coins price now could decoupling bitcon price and staker satisfied with the return. if you spend fund for mining , there are several cost that we must paid routinely such as eclectriciy bill, maintainance cost etc.


Title: Re: How good is staking coins?
Post by: FAYCNFT on March 27, 2022, 08:58:00 AM
If a cryptocurrency you own allows staking — current options include Tezos, Cosmos, and now Ethereum (via the new ETH2 upgrade) — you can “stake” some of your holdings and earn a percentage-rate reward over time. This usually happens via a “staking pool” which you can think of as being similar to an interest-bearing savings account.

The reason your crypto earns rewards while staked is because the blockchain puts it to work. Cryptocurrencies that allow staking use a “consensus mechanism” called Proof of Stake, which is the way they ensure that all transactions are verified and secured without a bank or payment processor in the middle. Your crypto, if you choose to stake it, becomes part of that process.


Title: Re: How good is staking coins?
Post by: Bertyda on March 27, 2022, 07:07:15 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Cryptocurrency offers many opportunities to earn money and one of such opportunities is staking.
Now staking very popular and many projects offers different kind of staking and passive income.

Staking is a good way to earn passive income. But the most important thing is to find the best project for staking.
Now investors have a big choice of projects for staking to earn more profit.


Title: Re: How good is staking coins?
Post by: Pamadar on March 28, 2022, 05:57:31 AM
Staking only makes sense if you have enough money invested on a token or coin this is the only way you can get good passive income, if I have to choose between mining and staking my answer will be mining because you can build a rig with 500$ or let's say 1 GPU rig but you can't use that money on staking because the reward will turn you off.
maybe you to know staking in cosmos ecosystem.ATOM ,JUNO , SCRT staking give you alot benefit, only by staking we will got double reward. 1st from APR , second we will get stakedrop from new project that launched in those ecosystem. this ecosystme coins price now could decoupling bitcon price and staker satisfied with the return. if you spend fund for mining , there are several cost that we must paid routinely such as eclectriciy bill, maintainance cost etc.

Indeed, if you pick the right asset to stake, you can generate AirDrop from that said project.

It's also satisfying each time new project offers AirDrop and allows holders to take advantage of some portions of free coins
that they'll going to send out.

Who knows, the value of those new coins pump up? free money, right? It's a matter of good choice and right observation
in what particular coin to stake your investment.


Title: Re: How good is staking coins?
Post by: Garsipop on March 28, 2022, 08:04:10 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Staking is a good way to earn passive income. But the most important thing is to find the best project for staking.
Now investors have a big choice of projects for staking to earn more profit.

Staking allows to earn passive income. Now cryptocurrency market rise and many people pays attention to new projects with staking to earn more profit on staking.


Title: Re: How good is staking coins?
Post by: Fomo_Chronicles on March 29, 2022, 05:20:09 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Staking is a good way to earn passive income. But the most important thing is to find the best project for staking.
Now investors have a big choice of projects for staking to earn more profit.

Staking allow to increase profit from crypto investments. Now many projects use staking to attract more investors and allow them to earn money from investment.


Title: Re: How good is staking coins?
Post by: firmino10 on March 30, 2022, 12:05:32 PM
Coin staking are good but it also has risk. Making adequate research of coin that use proof of stake and also platform  that are flexible in coin withdrawal to make other investment is important. Also know that its a form of passive income. Unless one wants to stake alot of coin thereby making one become a validator.


Title: Re: How good is staking coins?
Post by: LastKiss on March 30, 2022, 12:45:27 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Staking is a good way to earn passive income. But the most important thing is to find the best project for staking.
Now investors have a big choice of projects for staking to earn more profit.

Staking allows to earn passive income. Now cryptocurrency market rise and many people pays attention to new projects with staking to earn more profit on staking.

Staking is the best option if you want to get money without extra effort because someone who has a real job like me doesn't have a lot of time to do some analysis for daily trade, Staking also can increase your holding by doing nothing but in you should do some research first before doing staking because you can't stake in untrusted place.


Title: Re: How good is staking coins?
Post by: cheezcarls on March 30, 2022, 12:57:27 PM
Staking is good for a coin or token if it’s real use cases, fundamentals and demands are great along with it’s high liquidity, team with great reputation and great trading volume. Like AXS for example, it is one of those coins that are worth to stake regardless of the price.

Right now, I am staking KOMs (Kommunitas) for me to be eligible for participating in IKO (Initial KOMmunity Offering) campaigns as well as being bullish about it’s future due to their social engagement burning and their continuous token burning. I’ve just ended my 3-month staking with them and planning to renew it.


Title: Re: How good is staking coins?
Post by: GatotKaca on March 30, 2022, 01:05:04 PM

Staking is the best option if you want to get money without extra effort because someone who has a real job like me doesn't have a lot of time to do some analysis for daily trade, Staking also can increase your holding by doing nothing but in you should do some research first before doing staking because you can't stake in untrusted place.
not all staking will bring profit. Market analysis in the staking set is also important. because the market can fall when you stake. even though the number of your assets increases but its value will decrease.
when you are ready to stake your assets, most importantly you must be ready to hold assets in the long term.
currently staking that I do is only for CAKE assets.


Title: Re: How good is staking coins?
Post by: fzkto on March 30, 2022, 01:10:08 PM
Staking is good for a coin or token if it’s real use cases, fundamentals and demands are great along with it’s high liquidity, team with great reputation and great trading volume. Like AXS for example, it is one of those coins that are worth to stake regardless of the price.

Right now, I am staking KOMs (Kommunitas) for me to be eligible for participating in IKO (Initial KOMmunity Offering) campaigns as well as being bullish about it’s future due to their social engagement burning and their continuous token burning. I’ve just ended my 3-month staking with them and planning to renew it.
It seems to me that staking is utopia, at least in the long term. One of the older POS coins, DASH, can be taken as an example. Those people who have been staking it by buying it at high prices are very unlucky. I think all POS coins end up with the same story. Now it is possible to stake ATOM to get bonuses from other projects, but looking at history of other coins I don't have confidence in getting profit from it.


Title: Re: How good is staking coins?
Post by: deathcode on March 30, 2022, 01:39:41 PM
Staking for coins from new projects usually offers a fairly large APY. and it can be profitable if within a certain time the price of the coin does not experience a deep correction.
for coins from new projects, it's usually better to wait for the dumping price, then we can go in and stake.
for now, I believe more in ATOM and CAKE for staking. it's not great what you get. but to wait for assets in the long term I think there is no problem.


Title: Re: How good is staking coins?
Post by: Nexum on March 31, 2022, 12:23:46 AM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Staking allow to increase profit from crypto investments. Now many projects use staking to attract more investors and allow them to earn money from investment.

Passive income now very popular. Thanks staking it is possible to earn more money on holding cryptocurrency.
Many projects use staking system to unite community and attract more users to the platform.


Title: Re: How good is staking coins?
Post by: stepwilli on March 31, 2022, 09:34:43 PM
It seems to me that staking is utopia, at least in the long term. One of the older POS coins, DASH, can be taken as an example. Those people who have been staking it by buying it at high prices are very unlucky. I think all POS coins end up with the same story. Now it is possible to stake ATOM to get bonuses from other projects, but looking at history of other coins I don't have confidence in getting profit from it.

Dash is an old top coin and the coin has a chance to perform better in the future but the reason why the coin is falling is because we have been in a bear last time and most of the coins have not recovered properly til now. It was their fault on why they buy coins at a higher price, didn't they know the golden rule of investing?

Buy low; sell high, not buy high and sell high because that is risky as the chance for the price to rise high is lesser compare to when the price falls down. Older coins like dash is also not as popular as the newer coins when it comes to staking purposes. If that is the case then we can just stick on hodling, if this works better for them.


Title: Re: How good is staking coins?
Post by: Rasa nanas on March 31, 2022, 11:42:05 PM
The best staking is of course the one that has the largest passive income because the main purpose of staking is to increase the number of coins you have. but the future of the coins you stake is much more important because it's useless you get a large passive incom and the number of coins you have continues to grow but the price of these coins decreases. if your friends use doge coins for staking of course not too worried because doge is the most popular coin meme and has a very large daily volume. btw, on what platform is your friend staking doge coins?


Title: Re: How good is staking coins?
Post by: zayika570 on April 01, 2022, 10:38:55 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Passive income now very popular. Thanks staking it is possible to earn more money on holding cryptocurrency.
Many projects use staking system to unite community and attract more users to the platform.

Cryptocurrency give people many opportunities to earn money. One of such opportunities is staking.
A lot of people block their money in liquidity pools to earn money from providing liquidity.


Title: Re: How good is staking coins?
Post by: Pejoh Asu on April 02, 2022, 04:47:24 AM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Passive income now very popular. Thanks staking it is possible to earn more money on holding cryptocurrency.
Many projects use staking system to unite community and attract more users to the platform.

Cryptocurrency give people many opportunities to earn money. One of such opportunities is staking.
A lot of people block their money in liquidity pools to earn money from providing liquidity.

Staking and LP is the current trend which is safer and easier to do, I am active staking & LP on several DEX and exchanges and the results are satisfactory, rather than just storing crypto in a wallet of course it is more profitable if we use it for staking, but I recommend choosing coins which has great potential in the future.


Title: Re: How good is staking coins?
Post by: ringgo96 on April 02, 2022, 05:31:34 AM
If you want to get bigger results then we also have to rely on high patience so that what we expect can be achieved, if you are staking then the percentage every year must be different then we must use a more effective platform such as binance, but in this case we must have a large capital so that our staking achievements are more optimal, And we have to wait patiently until a year.


Title: Re: How good is staking coins?
Post by: Pamadar on April 02, 2022, 09:01:44 AM
If you want to get bigger results then we also have to rely on high patience so that what we expect can be achieved, if you are staking then the percentage every year must be different then we must use a more effective platform such as binance, but in this case we must have a large capital so that our staking achievements are more optimal, And we have to wait patiently until a year.

Taking things into consideration, Binance is a good place to stake if you trusted the platform.

Though everything should start with your chosen assets to stake your money, a good way to have a passive profits
if you pick right coin to use for your long-term investment.

Knowledge should always be the priorities, you can follow every update from the team channels in order to have
a much better confidence waiting for your money to grow.


Title: Re: How good is staking coins?
Post by: Crypto Library on April 02, 2022, 09:19:52 AM
Of course profits can be made by stacking.  But first it is important to choose the right platform, if you invest in the wrong place without understanding then you will not be able to make a profit but you will face a loss.  As your friends say they have benefited from choosing the right platform and having a good knowledge of stacking.  You can stack on binance if you want, it has a lot of good features in this regard.  But before investing money anywhere, understand and invest well


Title: Re: How good is staking coins?
Post by: Semar Mesem on April 02, 2022, 03:40:04 PM
Staking is a very good trend for investors who are planning to hold long term, I bought a lot of coins or tokens available in the staking program and the results will increase significantly after at least a year. the most important thing when staking is to make sure the platform or developer is trusted.


Title: Re: How good is staking coins?
Post by: Gayong88 on April 02, 2022, 04:21:03 PM
Staking coins is a viable way to earn interest without putting your coins at too much risk. Typically it takes around 3 months for a coin to mature and start earning you interest, but it's worth it if you're willing to wait.

I think the biggest benefit of staking is the passive way in which you can earn returns, but there are also risks involved with staking coins. It's not possible to stake a larger amount than you actually have, and if you don't stake when required then your stake will be slashed (destroyed).

Any crypto is high risk so you have to be prepared to lose. My advice is don't lock staking if coin or token you have strong fundamentals and high daily transactions, because if suddenly the price is pumped, you can't sell fast.


Title: Re: How good is staking coins?
Post by: Altryist on April 02, 2022, 04:29:38 PM
 Staking is good if you buy coins for the long term, then you can get additional profit, of course provided that the staking platform is reliable. For me personally, it is important that during staking my coins are not blocked for some period, so that in the case of a pump, I could sell the coins and buy them back on the drawdown after the pump. As a rule, such manipulations can give much more profit than staking.


Title: Re: How good is staking coins?
Post by: Tellek Garing on April 02, 2022, 04:38:03 PM
<.>
From the experience I've had at Biswap, the passive income I get is very good, I won't give you an idea or profit percentage, because a percentage like APY will not make the price of the coin you get make you profit, the price of the coin will definitely go down because a lot people who get coins from staking and they sell them.
Recently I sae the SAFUU platform give more than 300k% APY, but I believe the price of the coins produced will decrease as the number of coins sold after staking increases
I also have an asset that I stake in Biswap and compared to other DEX platforms, I recommend Biswap more. Regarding SAFU, you should be careful because usually projects that offer a high APR or ROI will end up being a scam.
Yeah proof of stake is the most convenient way of cryptocurrency mining and as that it more easy and cheap to mind on proof of stake and if one is looking to gain passive income then staking can be recommended for that purpose.

Most of the dex platform offer high incentive on their staking rewards and being competitive among others.


Title: Re: How good is staking coins?
Post by: darewaller on April 02, 2022, 04:45:02 PM
Taking things into consideration, Binance is a good place to stake if you trusted the platform.

Though everything should start with your chosen assets to stake your money, a good way to have a passive profits
if you pick right coin to use for your long-term investment.

Knowledge should always be the priorities, you can follow every update from the team channels in order to have
a much better confidence waiting for your money to grow.
Picking which coin to stake got a bit more easier these days. We could do btc, eth and bnb there and even ltc in some places, there are busd and usdt ones too.

All of which shows that we should not be worried about the picking of the "right" coin, if you could do a basket of sorts from all of those, just 5 of them would be awesome anyway. Obviously you will need to make sure that you could survive without those before you lock them in, but a passive income from btc, eth, bnb, usdt, busd together, could avarage over 5%+ right there, add in the fact that the price of them could go up (not stable ones) that would mean a great return for sure in the long run.


Title: Re: How good is staking coins?
Post by: alan228 on April 02, 2022, 10:52:36 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Cryptocurrency give people many opportunities to earn money. One of such opportunities is staking.
A lot of people block their money in liquidity pools to earn money from providing liquidity.

Now many people think that the price of cryptocurrency will continue to grow. The popularity of cryptocurrency grows together with demand in digital assets.

Adoption of cryptocurrency grows all over the world.


Title: Re: How good is staking coins?
Post by: Coinmaster2.5 on April 03, 2022, 10:44:57 AM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Now many people think that the price of cryptocurrency will continue to grow. The popularity of cryptocurrency grows together with demand in digital assets.

Adoption of cryptocurrency grows all over the world.

Airdrops is a good way for participants to get tokens of new and prospective projects for free.
The most important is to find the airdrops that are really profitable and will allow to earn money.


Title: Re: How good is staking coins?
Post by: Pamadar on April 04, 2022, 10:36:19 AM
-Snip-
Picking which coin to stake got a bit more easier these days. We could do btc, eth and bnb there and even ltc in some places, there are busd and usdt ones too.

All of which shows that we should not be worried about the picking of the "right" coin, if you could do a basket of sorts from all of those, just 5 of them would be awesome anyway. Obviously you will need to make sure that you could survive without those before you lock them in, but a passive income from btc, eth, bnb, usdt, busd together, could avarage over 5%+ right there, add in the fact that the price of them could go up (not stable ones) that would mean a great return for sure in the long run.

I agree to the point that you said regarding to live without those invested money.

It's passive and continually provide staking rewards that adds up to the amount of your investment, though like
also with how you express things out, the chance of fluctuation can harm you in a short run. It's best to study and
aimed for long-term investment for a rewarding outcome.


Title: Re: How good is staking coins?
Post by: MFahad on April 04, 2022, 10:43:00 AM
Staking coins other than stable coins is very risky. Some days ago my friend bought Juno token for staking at the price of 40$. Token was looking bullish at that time but after that because of some bad news token whale sold the token and now price is below than 30$ and worst scenario is that you have to wait 2 weeks for unlock when you unstack the token.


Title: Re: How good is staking coins?
Post by: nininyashka on April 04, 2022, 09:53:38 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Airdrops is a good way for participants to get tokens of new and prospective projects for free.
The most important is to find the airdrops that are really profitable and will allow to earn money.

Staking coins allow to get passive income. Every day a lot of new staking coins appear and investors have a big choice of such coins.
But it is necessary to carefully check the projects for staking to find the best and most profitable projects.


Title: Re: How good is staking coins?
Post by: Orange89 on April 05, 2022, 08:14:16 AM
Well if you wanted how much you earn it all depend upon APY /APR that's given if they are high then you will get good amount but Remember making APR really high doesn't indicate the sign of good idea no doubt by increasing the APR we can get the huge stakers community but at the end it doesn't help the token to grow
Remember what had happened with CheerySwap they are giving high staking Reward around 250-300 APR for around 6 month and now their token price is just fallen from 4$ to 0.1$ check the gap it is huge and on the other
Just check out cake token price they are managing well with only around 60-70% Apr so at the end it also depends upon which token are you choosing from


Title: Re: How good is staking coins?
Post by: iv4n on April 05, 2022, 09:51:25 AM
Staking coins other than stable coins is very risky. Some days ago my friend bought Juno token for staking at the price of 40$. Token was looking bullish at that time but after that because of some bad news token whale sold the token and now price is below than 30$ and worst scenario is that you have to wait 2 weeks for unlock when you unstack the token.


Just patience... I have BSW on staking and I bought my BSW around $0.7! At one moment the price bottomed at $0.3, a weak or two after my investment, but now it's $1.37! Do you get the picture?! Many people stake and some people are whales and when they dump their earnings that affect the price, but new stakers join, and the price recover, of course, if the project is good!

Staking was never easier and more available! From wallets that have staking feature for some coins, casinos with their tokens where we get rewards in different crypto, to so many exchanges that have so many different staking/farming options... the choice is so big! I think there's something for everyone!


Title: Re: How good is staking coins?
Post by: TopT3ns on April 05, 2022, 10:06:41 AM
Staking coins other than stable coins is very risky. Some days ago my friend bought Juno token for staking at the price of 40$. Token was looking bullish at that time but after that because of some bad news token whale sold the token and now price is below than 30$ and worst scenario is that you have to wait 2 weeks for unlock when you unstack the token.
Some trader staking with Juno coins hope could received reward with Juno airdrop and they not care about price have reach up and now drop drastically, from $40 until $30 will make many people disappointed with Juno coin have drop drastically. I think with this coins platform looks hype when staking because when airdrop have ended many member have out and removed from coin staking. I think just popular at the early only and now airdrop from Juno have ended and not any new airdrop launching again with Juno network.


Title: Re: How good is staking coins?
Post by: redwine49 on April 05, 2022, 01:48:38 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
Staking activities are both risky and very lucrative in my opinion. This depends entirely on the activities and content of the project you are staking in. If a stake is made for a project that will not show a good rise or an empty project, you may even suffer a complete loss of receiving your principal money. Because the token you stake will be locked, and you may not know whether it will drop for the token at that time, and it may have serious damages. These should definitely be considered.
That's right but it's also depend on staking conditions, some project allow it's holder to exchange directly without having to be locked.
This is also good deal when we want to bought some crypto with staking feature


Title: Re: How good is staking coins?
Post by: Polkeins on April 05, 2022, 05:35:42 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)


Staking activities are both risky and very lucrative in my opinion. This depends entirely on the activities and content of the project you are staking in. If a stake is made for a project that will not show a good rise or an empty project, you may even suffer a complete loss of receiving your principal money. Because the token you stake will be locked, and you may not know whether it will drop for the token at that time, and it may have serious damages. These should definitely be considered.
Yes, before buying currency for stacking, it is better to ask whether the funds will be "frozen" for the time of stacking or not. It takes 14-20 days to get zilliqa out of stacking, everyone has different ways.
In general, stacking is a good way to "overtake" inflation. This does not always work out and not everyone has the opportunity to pay 14% as zilliqa, but 4,5,6% is also quite good. In any case, if the choice of the coin was chosen correctly, then the capital will only grow.


Title: Re: How good is staking coins?
Post by: kak uli on April 05, 2022, 06:46:10 PM
yes it is true that staking is the best way to earn. but I do not agree to risk Coin, because the passive income obtained is much smaller in my opinion. not to mention the coin that we bet on has decreased in price. the point is, in any way we can make a profit, but do further research and analysis.


Title: Re: How good is staking coins?
Post by: Abco on April 05, 2022, 08:32:12 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Staking coins allow to get passive income. Every day a lot of new staking coins appear and investors have a big choice of such coins.
But it is necessary to carefully check the projects for staking to find the best and most profitable projects.

There are a lot of opportunities to earn money using cryptocurrencies. One of such opportunity is staking.
The ability to earn passive income attracts to cryptocurrency many people.


Title: Re: How good is staking coins?
Post by: RussianEnglishTranslation on April 05, 2022, 08:48:38 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
I'm not sure what you are talking about in regards to a doge coin mining farm staking but NEAR, MATIC, and ICP have high returns for staking. I think ICP has up to 40% if you are willing to lock up your coins for 8 years.


Title: Re: How good is staking coins?
Post by: pandanaran on April 05, 2022, 09:07:15 PM
Staking tokens does look very good to do when we want to hold coins in the long term, but only coins that have the potential not to fall should we choose because if we choose the wrong coin to stake then we get a big loss due to the decline in coin prices, however, we should be able to control that risk by choosing potential coins like Cake, BNB and other market coins.


Title: Re: How good is staking coins?
Post by: perfect999 on April 05, 2022, 09:09:27 PM
Well if you wanted how much you earn it all depend upon APY /APR that's given if they are high then you will get good amount but Remember making APR really high doesn't indicate the sign of good idea no doubt by increasing the APR we can get the huge stakers community but at the end it doesn't help the token to grow
Remember what had happened with CheerySwap they are giving high staking Reward around 250-300 APR for around 6 month and now their token price is just fallen from 4$ to 0.1$ check the gap it is huge and on the other
Just check out cake token price they are managing well with only around 60-70% Apr so at the end it also depends upon which token are you choosing from
APR is just one side of the story, you have to also realize the fact that we have a big problem with the token price going up or down as well. I have been staking cake for almost a year right now and even though I have way more cake than when I first started, it still doesn't worth the amount it worth when I first purchased it, why? Because, it went down since the first time I started doing it.

Obviously I am not worried because cake is a great token and I believe that it will break ATH and be high priced and at that time I would have a lot more cake and I will profit both ways, but not every token gives that confidence and could be a bad investment.


Title: Re: How good is staking coins?
Post by: TopT3ns on April 06, 2022, 01:52:19 AM
Yes, before buying currency for stacking, it is better to ask whether the funds will be "frozen" for the time of stacking or not. It takes 14-20 days to get zilliqa out of stacking, everyone has different ways.
In general, stacking is a good way to "overtake" inflation. This does not always work out and not everyone has the opportunity to pay 14% as zilliqa, but 4,5,6% is also quite good. In any case, if the choice of the coin was chosen correctly, then the capital will only grow.
Zilliqia coins up drastically last several days and not any chance for some one keep staking this coin for selling on higher price, need almost one day for staking unlock and several my friend not get lucky when unlock time Zilliqia coin have back drop. If try to staking coin for long term is worth and actually will be better looking on coins taking without need one day for unlock time. Usually have coins on Binance exchange always need one day when unlock for your coins available to sell and back to spot fund.


Title: Re: How good is staking coins?
Post by: Rasa nanas on April 06, 2022, 03:52:12 AM
yes it is true that staking is the best way to earn. but I do not agree to risk Coin, because the passive income obtained is much smaller in my opinion. not to mention the coin that we bet on has decreased in price. the point is, in any way we can make a profit, but do further research and analysis.
if you choose staking a new altcoin of course you have to be prepared with a high risk, but if you want a much lower risk maybe you can choose a big altcoin staking like CAKE. Besides having to choose a project with great potential, of course, you also have to choose a project with a large passive incom because the main purpose of staking is to increase the number of coins you have. if the passive incom you get is getting bigger, of course the profit you get is getting bigger and can reduce the risk of experiencing a loss because the price of the coin is falling.


Title: Re: How good is staking coins?
Post by: LastKiss on April 06, 2022, 04:10:19 AM
yes it is true that staking is the best way to earn. but I do not agree to risk Coin, because the passive income obtained is much smaller in my opinion. not to mention the coin that we bet on has decreased in price. the point is, in any way we can make a profit, but do further research and analysis.

if you choose staking a new altcoin of course you have to be prepared with a high risk, but if you want a much lower risk maybe you can choose a big altcoin staking like CAKE. Besides having to choose a project with great potential, of course, you also have to choose a project with a large passive incom because the main purpose of staking is to increase the number of coins you have. if the passive incom you get is getting bigger, of course the profit you get is getting bigger and can reduce the risk of experiencing a loss because the price of the coin is falling.

Staking new tokens/coins is not recommended and it can be bad rather than good staking. But as early staker we can get a lot of profit from staking in new tokens/coins and keep it until bull market happens once more so they will follow with the bull market condition, just use a little money for new tokens/coins so when they end up scam u won't lose much and dont forget to use money that you can afford to lose.


Title: Re: How good is staking coins?
Post by: TWW on April 06, 2022, 04:32:49 AM

Staking new tokens/coins is not recommended and it can be bad rather than good staking. But as early staker we can get a lot of profit from staking in new tokens/coins and keep it until bull market happens once more so they will follow with the bull market condition, just use a little money for new tokens/coins so when they end up scam u won't lose much and dont forget to use money that you can afford to lose.
but most new tokens will experience a pretty deep drop from ATH. Staking is done by the developer to maintain the token price. one way to maintain a community of those who may be dissatisfied with current prices.
the best moment for staking when the price is down. buying and staking coins on the platform. I'm sure it will take a long time for new projects to get their market back on the mend. so for staking new coins, we have to be more patient. although the APY offered is large but its value will not change too much before the pump.


Title: Re: How good is staking coins?
Post by: redwine49 on April 06, 2022, 01:27:58 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
I'm not sure what you are talking about in regards to a doge coin mining farm staking but NEAR, MATIC, and ICP have high returns for staking. I think ICP has up to 40% if you are willing to lock up your coins for 8 years.
Iam also not sure what you are talking about high return. 8 years staking for 40% or 40% each year??
In my opinion it's not high return because 8 years is not a short time, 8 years ago bitcoin price still below 1k$.


Title: Re: How good is staking coins?
Post by: kak uli on April 06, 2022, 05:02:40 PM
yes it is true that staking is the best way to earn. but I do not agree to risk Coin, because the passive income obtained is much smaller in my opinion. not to mention the coin that we bet on has decreased in price. the point is, in any way we can make a profit, but do further research and analysis.
if you choose staking a new altcoin of course you have to be prepared with a high risk, but if you want a much lower risk maybe you can choose a big altcoin staking like CAKE. Besides having to choose a project with great potential, of course, you also have to choose a project with a large passive incom because the main purpose of staking is to increase the number of coins you have. if the passive incom you get is getting bigger, of course the profit you get is getting bigger and can reduce the risk of experiencing a loss because the price of the coin is falling.
no, I'm not interested in getting income or profit from staking coins, I'm more interested in getting profits from trading, after all, the profits from trading are greater than the profits from staking coins.


Title: Re: How good is staking coins?
Post by: federalmoney_official on April 06, 2022, 08:05:42 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

There are a lot of opportunities to earn money using cryptocurrencies. One of such opportunity is staking.
The ability to earn passive income attracts to cryptocurrency many people.

The more opportunities to earn money the more popular cryptocurrency is.
Such opportuinies make cryptocurrency very popular and create a demand in it increasing its adoption.


Title: Re: How good is staking coins?
Post by: Garsipop on April 07, 2022, 04:13:03 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

The more opportunities to earn money the more popular cryptocurrency is.
Such opportuinies make cryptocurrency very popular and create a demand in it increasing its adoption.

Many people participate in airdrops because it is a good opportunity to earn money.
Now a lot of different projects appear and many of them conducts airdrops to attract attention of community and unite the users.


Title: Re: How good is staking coins?
Post by: cafee_orange on April 07, 2022, 06:17:45 PM
In my opinion, to bet Coin, you should pay attention to several things, including the coin platform itself, if the coin you are staking has a good platform then I think risking Coin is the best way to get passive profits. then it is also very important for those of you who want to stake coins, you must have knowledge about it to avoid big risks


Title: Re: How good is staking coins?
Post by: Jocuserious on April 07, 2022, 06:40:25 PM
Staking is like trading sometimes - if you know how to do it right, you will earn a lot here :)
If you are staking all you have without any knowledge and experience - you can even lose your money.
Good knowledge and skills indeed for the crypto market everytime. That means if you want invest or trading then you should skills more for searching a good coin. Same thinking if you can got a good coin for staking then it will be profitable after long time away. Otherwise you money will be loss if you have to invest a fake inactive project.


Title: Re: How good is staking coins?
Post by: jorjeIII on April 08, 2022, 04:53:07 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

The more opportunities to earn money the more popular cryptocurrency is.
Such opportuinies make cryptocurrency very popular and create a demand in it increasing its adoption.

Staking coins allow to earn money. But for staking it is necessary to create the project that is really useful for people and will grow in price.
If the price of the tokens will fall staking will not help.


Title: Re: How good is staking coins?
Post by: endut15 on April 08, 2022, 06:43:31 PM
staking coins is on potential altcoins, not on goddamn coins that will be abandoned by their owners. The altcoin that we bet on must really have a great chance and will not fall until it is in the market without movement. some altcoins that I dare to bet with large capital such as BNB, Etherum and also Bitcoin. It will continue to have great opportunities in the future.


Title: Re: How good is staking coins?
Post by: the ghabbar on April 08, 2022, 07:03:27 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
In the past I have heard of many cases, mining on sites that are not paid for nothing, even now we don't know what the journey is like, mining in positions like this can't be a good pattern, because many people who do mining have complete tools and sophisticated, so automatically the income will be different, depending on how people choose what way to earn, but what we need to know is nothing is free for now


Title: Re: How good is staking coins?
Post by: romanfrolovv on April 09, 2022, 03:37:17 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Staking coins allow to earn money. But for staking it is necessary to create the project that is really useful for people and will grow in price.
If the price of the tokens will fall staking will not help.

The opportunitity to earn passive income attracts a lot of users to staking. You are right it is important to choose for staking the most prospeve project because not all the tokens grow in price and are attractive for staking.


Title: Re: How good is staking coins?
Post by: Pamadar on April 09, 2022, 05:31:21 PM
Staking is like trading sometimes - if you know how to do it right, you will earn a lot here :)
If you are staking all you have without any knowledge and experience - you can even lose your money.
Good knowledge and skills indeed for the crypto market everytime. That means if you want invest or trading then you should skills more for searching a good coin. Same thinking if you can got a good coin for staking then it will be profitable after long time away. Otherwise you money will be loss if you have to invest a fake inactive project.

That's the very risk of staking. If you failed to pick the right coin, the chance that you'll be trapped

and lose your investment is high, unlike with trading in which you can change your plan and adjust from how the
market is performing. In some cases, staking has some cooling time, you can't just withdraw your money and
chance of losing the opportunities is always possible. With trading you can just scalp or you can go for long term
and wait for the value that you desire to sell your money.


Title: Re: How good is staking coins?
Post by: redwine49 on April 09, 2022, 05:47:54 PM
yes it is true that staking is the best way to earn. but I do not agree to risk Coin, because the passive income obtained is much smaller in my opinion. not to mention the coin that we bet on has decreased in price. the point is, in any way we can make a profit, but do further research and analysis.
if you choose staking a new altcoin of course you have to be prepared with a high risk, but if you want a much lower risk maybe you can choose a big altcoin staking like CAKE. Besides having to choose a project with great potential, of course, you also have to choose a project with a large passive incom because the main purpose of staking is to increase the number of coins you have. if the passive incom you get is getting bigger, of course the profit you get is getting bigger and can reduce the risk of experiencing a loss because the price of the coin is falling.
no, I'm not interested in getting income or profit from staking coins, I'm more interested in getting profits from trading, after all, the profits from trading are greater than the profits from staking coins.
Of course the benefits of trading are much greater than staking coins but the risks are also greater.

The rule of the universe are simple
 Big risk big return, low risk low return. Everyone has their own choice


Title: Re: How good is staking coins?
Post by: ije07 on April 09, 2022, 09:29:32 PM
I think Doge token staking is still very worth it because so far the price movement of the Doge token is still relatively stable so if we put the token on the staking platform it will be very good when we want to keep the Doge token in the long term, then how much will we get of staking all depends on the size of the tokens we stake because the bigger the bigger the percentage generated.


Title: Re: How good is staking coins?
Post by: TmHsHel on April 10, 2022, 07:16:50 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

The opportunitity to earn passive income attracts a lot of users to staking. You are right it is important to choose for staking the most prospeve project because not all the tokens grow in price and are attractive for staking.

Staking is very popular because it allows to earn passive income. But it is very important to choose the most prospective project for staking.


Title: Re: How good is staking coins?
Post by: 100xcoin on April 11, 2022, 03:46:44 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Staking is very popular because it allows to earn passive income. But it is very important to choose the most prospective project for staking.

The more popular cryptocurrency becomes the more popular is staking. Everybody want to have a passive income and a lot of new projects offer staking to attract their users.


Title: Re: How good is staking coins?
Post by: fzkto on April 11, 2022, 04:34:17 PM
Nowadays, it's a time when staking coins is not making any profit, or rather you just lose money, because the value of the coins you are staking is constantly dropping. Or those who have a large amount in their stake are constantly get rewards, lowering the value of the coin. I find that such projects are not profitable, or you have to wait many years to sell everything more expensive. But that's if you're lucky.


Title: Re: How good is staking coins?
Post by: Cadaver20 on April 11, 2022, 04:52:57 PM
By staking coins you can earn a small amount of passive income. But your coins will be frozen for a certain time period. There is nothing that you can do about it, even if the value of your coin goes down. Again, if you want to withdraw your coins before the time runs out, you will not get any profit.


Title: Re: How good is staking coins?
Post by: Gayong88 on April 11, 2022, 05:05:25 PM
Staking is pretty effective if you have the patience, the higher the doge coins you have the higher your staking reward will be, staking platforms have different staking rewards in percentage, some are 6% per annual while some are more, use binance exchange for staking it's one of the best.

Yes, the main requirement is to be patient when it comes to investing and Binance itself has many advantages such as BNB Vault, Launchpool, and Locked staking, but also pay attention to money management because crypto is high risk regardless of the money investment pattern we will use.


Title: Re: How good is staking coins?
Post by: Frengki_cisco on April 11, 2022, 05:39:40 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
Depending on the influence when you do mining, mostly if you have a lot of capital you will have a lot of profit influence, but if you expect free doge from mining, as I see very little you get, the problem depends on the capital you invest.


Title: Re: How good is staking coins?
Post by: d3nz on April 13, 2022, 12:40:38 PM
Staking is like trading sometimes - if you know how to do it right, you will earn a lot here :)
If you are staking all you have without any knowledge and experience - you can even lose your money.
Good knowledge and skills indeed for the crypto market everytime. That means if you want invest or trading then you should skills more for searching a good coin. Same thinking if you can got a good coin for staking then it will be profitable after long time away. Otherwise you money will be loss if you have to invest a fake inactive project.

That's the very risk of staking. If you failed to pick the right coin, the chance that you'll be trapped

and lose your investment is high, unlike with trading in which you can change your plan and adjust from how the
market is performing. In some cases, staking has some cooling time, you can't just withdraw your money and
chance of losing the opportunities is always possible. With trading you can just scalp or you can go for long term
and wait for the value that you desire to sell your money.
Yes, this is correct. Investing is very risky and if you find the right altcoin to invest with, earning in staking is really worth it if have a lot of shares you have since it will calculate how much you will get per annum. The good thing now is there is Staking online and you don't need to have a computer that will run 24/7 like before.


Title: Re: How good is staking coins?
Post by: Pamadar on April 13, 2022, 01:36:07 PM

Yes, this is correct. Investing is very risky and if you find the right altcoin to invest with, earning in staking is really worth it if have a lot of shares you have since it will calculate how much you will get per annum. The good thing now is there is Staking online and you don't need to have a computer that will run 24/7 like before.

Good thing that you open that. There are known and reputable exchanges who can cater your staking participation.

Unlike before where you need to download the wallet and make sure to keep your PC open to stake your
assets and claim those rewards.

It will always end up in how good you sort the market, choosing the right coin to invest and stake your money
there's always a big risk that you need to anticipate so better to sort before you invest.


Title: Re: How good is staking coins?
Post by: Fomo_Chronicles on April 13, 2022, 05:37:35 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

The more popular cryptocurrency becomes the more popular is staking. Everybody want to have a passive income and a lot of new projects offer staking to attract their users.

The opportunty to earn passive income attract many people. But it is necessary to chose the project for staking that it wil be profitable and will grow in price to earn money on staking.
Not all the tokens grow in price.


Title: Re: How good is staking coins?
Post by: 2tang on April 13, 2022, 05:54:22 PM
Yes, the main requirement is to be patient when it comes to investing and Binance itself has many advantages such as BNB Vault, Launchpool, and Locked staking, but also pay attention to money management because crypto is high risk regardless of the money investment pattern we will use.
Actually, if you already understand it will be very easy to do it according to their respective wishes and goals so that they can focus more on doing it patiently.
Especially when there are many good choices available on the exchange, it will be increasingly difficult to choose which one if someone is not able to choose all the services available.


Title: Re: How good is staking coins?
Post by: JackieAinsley on April 14, 2022, 06:47:22 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

The opportunty to earn passive income attract many people. But it is necessary to chose the project for staking that it wil be profitable and will grow in price to earn money on staking.
Not all the tokens grow in price.

Now so many staking projects appear. Some of them offer a very big profit.
But it is very important to check everything befor investing because among staking projects there are a lot of scams.


Title: Re: How good is staking coins?
Post by: Kusunoki_Samurai on April 15, 2022, 07:40:42 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Now so many staking projects appear. Some of them offer a very big profit.
But it is very important to check everything befor investing because among staking projects there are a lot of scams.

Many people earn money on staking. Now staking popular and in demand.
But it necessary to caurefully evaluate all peojects for staking, because not all staking projects are profitable.
Also a lot depends from market conditions.


Title: Re: How good is staking coins?
Post by: Moeda on April 16, 2022, 07:30:32 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

Staking and mining are of course two different things. Staking is holding coins in a platform and these coins will be used by the platform for trading, they have determined the amount of results we get for a predetermined period of time. While mining gets coins from those that have not been circulated. Of course, the number of coins we get really depends on the devices we use, and the level of mining speed we buy from mining service providers. If it's Dogecoin, of course the mining speed is higher than Bitcoin. For more details you can learn on the mining platform. And be careful with fake mining platforms.


Title: Re: How good is staking coins?
Post by: NicNacCoin on April 16, 2022, 08:15:42 PM
Among the staking coins I have seen are some coins which are giving very high APY.As Safuu it has the highest APY in staking APY 383025.80% There are also stacking coins which are USDT BUSD etc.These risks are much lower. There is no tension even if the price goes down. If you wish, you can buy any one and do staking.


Title: Re: How good is staking coins?
Post by: Kingairdrop on April 16, 2022, 10:03:53 PM
Staking is actually good when the API of the said project is good and that project is making waves, giving the price a pump so you can see good returns when you unstake. But there are some rules that limit enthusiast from staking, such rules are for the betterment of the project but it does not favour investors. Staking is a way of helping the project reduce dump and giving investors alternative source of earning from their investments


Title: Re: How good is staking coins?
Post by: nikita2020 on April 16, 2022, 10:50:46 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Many people earn money on staking. Now staking popular and in demand.
But it necessary to caurefully evaluate all peojects for staking, because not all staking projects are profitable.
Also a lot depends from market conditions.

Staking makes cryptocurrency more popular, because it allows to earn more money.
Now many projects use staking.


Title: Re: How good is staking coins?
Post by: MiF on April 16, 2022, 10:56:15 PM
Staking is good not only for investors but also in the projects, it gains popularity and more investors will surely become interested of the projects that has a staking program with a high claimable rewards for holding the token on staking platform. I know most of the bounty hunters also do staking and already benefit or earn profit on it.


Title: Re: How good is staking coins?
Post by: Jaered on April 16, 2022, 11:30:19 PM
I think each one (mining vs staking) has its merits and demerits. It all depends on your capital layout. Doge farming can be erratic and dangerous because now we have scam yield farms that can rug pull you


Title: Re: How good is staking coins?
Post by: nininyashka on April 17, 2022, 05:08:11 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Staking makes cryptocurrency more popular, because it allows to earn more money.
Now many projects use staking.

Usually staking very popular when market rise. But when market fall profit from staking very often does not compensate the loses from fall of the price.
That is why staking is not so popular.


Title: Re: How good is staking coins?
Post by: SDKmaster on April 18, 2022, 10:54:10 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Usually staking very popular when market rise. But when market fall profit from staking very often does not compensate the loses from fall of the price.
That is why staking is not so popular.

The opportunity to earn passive income attracts many people to cryptocurrency staking.
Now many projects use staking to attract attention of users and unite the community.


Title: Re: How good is staking coins?
Post by: rhodelmabanal on April 19, 2022, 06:50:09 AM
Staking coins is not good for me i stake my coins and i only earn a small amount because i cannot afford to buy big amount of coins, maybe staking is good for big investors because they can buy bulk of coins and staked it and they will surely earn a big claimable reward, some people feel good of staking while in my part i don't really feel great about staking.


Title: Re: How good is staking coins?
Post by: Jody.Drummer on April 19, 2022, 07:58:06 AM
Staking is good not only for investors but also in the projects, it gains popularity and more investors will surely become interested of the projects that has a staking program with a high claimable rewards for holding the token on staking platform. I know most of the bounty hunters also do staking and already benefit or earn profit on it.
it would be very good if indeed the project is a good project but the problem when looking at staking of course we also look at the APY offered and sometimes many people tend to see a high APY for staking because they feel this will be very profitable but of course A big APY does not mean their project is good, in fact it may be the other way around, their project is bad which makes this a thing that will be a waste and a loss.
Staking is good but needs to be looked at for the coin and its project first before doing staking


Title: Re: How good is staking coins?
Post by: GigaBit on April 19, 2022, 10:32:37 AM
For those who want long-term investment stacking offers them more profit. But before stacking, you must choose a good platform. Stacking on any common platform carries high risk. Since the number of scammers in the market is not less now, they are always sitting on the fad. So if you want to do stacking, you can choose good platforms like Binance.


Title: Re: How good is staking coins?
Post by: Desscount on April 19, 2022, 11:44:18 AM
Staking coins is not good for me i stake my coins and i only earn a small amount because i cannot afford to buy big amount of coins, maybe staking is good for big investors because they can buy bulk of coins and staked it and they will surely earn a big claimable reward, some people feel good of staking while in my part i don't really feel great about staking.
yes you are absolutely right, and I agree, in my opinion Staking is not good and a waste of time,
even though there are better ones, yes trading, you can trade with technical analysis,
and if you use a buy back strategy, then your coins can be more , even more than you stake


Title: Re: How good is staking coins?
Post by: MFahad on April 19, 2022, 01:26:07 PM
For those who want long-term investment stacking offers them more profit. But before stacking, you must choose a good platform. Stacking on any common platform carries high risk. Since the number of scammers in the market is not less now, they are always sitting on the fad. So if you want to do stacking, you can choose good platforms like Binance.
If any body want to hold any token for long term I think staking us best option. In this way token project will become strong and you will recieve passive income. Before stacking i recommend to choose only those token which are currently not increased because of any rumour or Airdrops. Cosmos is best option for staking as it's future is looking very bright. Scrt is also very good and still in early stage.


Title: Re: How good is staking coins?
Post by: cloudfir3e on April 19, 2022, 01:54:07 PM
this is an opportunity in my opinion to add coins on the other hand there are returns and losses of course you have to be patient if you do it or you will lose for the sale


Title: Re: How good is staking coins?
Post by: jhonjhon on April 19, 2022, 02:00:44 PM
There are so many cryptocurrencies emerging in the crypto market. It can be challenging to know which crypto coins to buy or stake.
Dogecoin has been around for eight years, and it started as a joke on the Internet. So why are we interested in Dogecoin, and should you buy Dogecoin now?

Well, Dogecoin is making significant progress. It has a loyal following and has had some media attention recently.
In 2021 Elon Musk, CEO of Tesla, tweeted that Dogecoin was his favorite crypto coin. He said that he wants to be involved in improving Dogecoin. He said, "Working with Doge devs to improve system transaction efficiency. Potentially promising."

When Elon Musk makes a statement on a cryptocurrency, something always follows. The last tweet he made regarding Bitcoin created an almost immediate 10% drop in the price of Bitcoin.

How is Dogecoin Mined?
Dogecoin uses Scrypt technology with no limits on the number of coins for mining. You can mine Dogecoin as an individual or join a Dogecoin mining pool, typically called a team.
Unlike Bitcoin, which requires high-level computing, it's possible to mine Dogecoin on Windows or a Mac or Linux (and with a GPU). Dogecoin is one of the lowest users of electricity, averaging 0.12 kilowatts per hour (Source: TRG Datacenters)

Can I Stake Dogecoin?


Not yet.

Dogecoin is mined with proof-of-work (PoW) protocol, which means you cannot yet claim and stake Dogecoin. You can, however, earn inflationary rewards from buying Dogecoin and joining communities that support projects.
Ref. https://trading-education.com/how-to-stake-dogecoin


Title: Re: How good is staking coins?
Post by: Shuna_Inuverse on April 19, 2022, 09:09:11 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

The opportunity to earn passive income attracts many people to cryptocurrency staking.
Now many projects use staking to attract attention of users and unite the community.

Staking now very popular and in demand. But the most important is to choose the right project for staking.
Project must be prospective and in demand to earn money on staking.


Title: Re: How good is staking coins?
Post by: Coin BTC on April 20, 2022, 10:35:40 AM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

The opportunty to earn passive income attract many people. But it is necessary to chose the project for staking that it wil be profitable and will grow in price to earn money on staking.
Not all the tokens grow in price.

Now so many staking projects appear. Some of them offer a very big profit.
But it is very important to check everything befor investing because among staking projects there are a lot of scams.
Yes, that's true, my friend, I have also observed this for some time before, I see a lot of projects that are very profitable, and also basically have a fairly large allocation of funds so that it can make people tempted by it, and I Totally agree with what you said, in a project that has a large profit and a very large offer we must still investigate it very carefully and keep an eye on it carefully in terms of examining the projects on offer.

especially if we get an offer of this kind first, we do it by checking the project so that we are safe in investing in projects with big offers and of course large profits, don't let the element of fraud occur in these projects, now Also a lot of people make a profit by betting, and they put it on a good project and it's been thoroughly reviewed and they're willing to put it at stake, because they'll know what they're going to get.

but we have to remember that not all of them get big profits, because not all projects have good profits and it's only some of the most of the projects that are good, it again depends on the state of the market.


Title: Re: How good is staking coins?
Post by: gurunanakji777 on April 20, 2022, 12:03:34 PM
I feel a very less no of the percentage of traders doing staking because you have to lock your coins for a certain time to get the fixed APY on XYZ coin so this is the main reason very less no of traders doing it. If we remove the coins from staking we get nothing so sometimes coin pumps and you stake your coins and miss the chance to sell if removed from the staking then one will lose its staking rewards. On the other hand, If you are a long-term holder then staking is good to do in my opinion.


Title: Re: How good is staking coins?
Post by: Blowon on April 20, 2022, 12:25:54 PM
Usually staking mining is not looking for big payoffs because staking is for those who want to invest for the long term but don't want their coins to stay with the same returns. Staking can help with that, by storing it in a feature on the platform will add to the coins that we invest in the long term. but if you mean high income, then that means yield farming which is intended for the short term but is full of risk.


Title: Re: How good is staking coins?
Post by: 100xcoin on April 20, 2022, 08:09:59 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Staking now very popular and in demand. But the most important is to choose the right project for staking.
Project must be prospective and in demand to earn money on staking.

The opportunity to earn passive income attracts a lot of people to staking.
But to get this passive it is necessary to choose the right project that will be able to bring this income.


Title: Re: How good is staking coins?
Post by: Artik_Finance on April 21, 2022, 08:09:18 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

The opportunity to earn passive income attracts a lot of people to staking.
But to get this passive it is necessary to choose the right project that will be able to bring this income.

Staking very popular now but it is necessary to have experience to find new projects for staking and analise everything.


Title: Re: How good is staking coins?
Post by: kamilah147 on April 21, 2022, 10:29:40 PM
some of the altcoins at stake are not all good. look back at the liquidity of those altcoins. Staking can give you an advantage, because staking is a very good way for us to use crypto. if you are risking it is the same as trading, you should be able to re-analyze the state of the market.


Title: Re: How good is staking coins?
Post by: pandanaran on April 21, 2022, 11:12:22 PM
some of the altcoins at stake are not all good. look back at the liquidity of those altcoins. Staking can give you an advantage, because staking is a very good way for us to use crypto. if you are risking it is the same as trading, you should be able to re-analyze the state of the market.
Well, even though there are many altcoins at stake with various liquidities, then we have to get more accurate information about these coins so that when we staking on altcoins we don't get very deep losses due to the destruction of price conditions on the market, maybe if we want it to be safer we can use it. coins with good potential like BNB to stake and get new coins apart from BNB.


Title: Re: How good is staking coins?
Post by: blockman on April 21, 2022, 11:37:06 PM
some of the altcoins at stake are not all good. look back at the liquidity of those altcoins. Staking can give you an advantage, because staking is a very good way for us to use crypto. if you are risking it is the same as trading, you should be able to re-analyze the state of the market.
Those coins that have low liquidity, they're the ones that have the higher and unbelievable APY. But that doesn't really make sense because there's a low volume on it and it's not ideal.
While for those coins that has a good volume and liquidity, they're the ones that usually have the lowest APY and that's normal just like the banks because they're profitable and a lot are into it.


Title: Re: How good is staking coins?
Post by: MinMan on April 22, 2022, 10:51:18 AM
it would be very good if indeed the project is a good project but the problem when looking at staking of course we also look at the APY offered and sometimes many people tend to see a high APY for staking because they feel this will be very profitable but of course A big APY does not mean their project is good, in fact it may be the other way around, their project is bad which makes this a thing that will be a waste and a loss.
Staking is good but needs to be looked at for the coin and its project first before doing staking
Maybe on the first day it could be a huge APY, but after that if a project has high APY that means there are very little amount of money invested into it and that is why it is providing such a small amount. Any person would know that the more money you put into staking, the less return there will be and that's the important part to realize when seeing what type of APY there are out there.

Like something such as USDC-USDT on uniswap will give you nothing big, less than 10% yearly, because it is stablecoin and only give you profit from the swaps between them, quite small amount, and there aren't that many swaps neither. But some unknown token could give you 1% million return because there will be only a few people who will invest there.


Title: Re: How good is staking coins?
Post by: Lubang Bawah on April 22, 2022, 12:04:41 PM
I think staking is the best strategy for long-term hold, I am currently staking several coins such as BNB, Matic and New Coins and certainly optimistic can get a big profit someday. Because now there are many evil programs that threaten metamask then I prefer staking in Spot Exchanges.


Title: Re: How good is staking coins?
Post by: CryptoArena_Official on April 22, 2022, 07:07:47 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Staking very popular now but it is necessary to have experience to find new projects for staking and analise everything.

Staking now is very popular, because it allows to earn passive income.
The more people use staking the more popular and in demand it becomes.


Title: Re: How good is staking coins?
Post by: sulendra12 on April 22, 2022, 07:11:07 PM
Staking is just put your money on certain thing to hope to get interest and forget it for next few years. If you are looking for "big" income with staking coins then it's a misleading idea and not for that type of benefit. But, just for some side income that you don't even bother to check it time by time then it would be a great idea to stake some of dogecoins of yours.


Title: Re: How good is staking coins?
Post by: csprochain on April 23, 2022, 10:32:10 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Staking now is very popular, because it allows to earn passive income.
The more people use staking the more popular and in demand it becomes.

The opportunity to earn passive income attracts a lot of users to staking.
The choice of staking projects is very big but it is necessary to choose the right project for staking.


Title: Re: How good is staking coins?
Post by: LUCKMCFLY on April 30, 2022, 12:10:29 AM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

The opportunity to earn passive income attracts a lot of people to staking.
But to get this passive it is necessary to choose the right project that will be able to bring this income.

Staking very popular now but it is necessary to have experience to find new projects for staking and analise everything.

I have been studying the different returns that occur in staking, and one of the most reliable are those presented by some platforms such as Binance, because it is much safer and they have great support, seeing some other exchanges that are decentralized in nature. Returns that I have seen exceed 400%, that is something that seems very high to me, but given this I do not know how good long-term staking is, because it can become a double-edged sword, because investment or staking it can go down and it is normal because the market situation can do it.


Title: Re: How good is staking coins?
Post by: LastKiss on April 30, 2022, 12:40:38 AM
Staking is just put your money on certain thing to hope to get interest and forget it for next few years. If you are looking for "big" income with staking coins then it's a misleading idea and not for that type of benefit. But, just for some side income that you don't even bother to check it time by time then it would be a great idea to stake some of dogecoins of yours.

I agree that staking won't give us a big return unlike when we invest in altcoin and get 2x ROI in a few months but at least we can keep our portfolio stable when a bear market happens so you will be ready to buy another dip with your capital + profit from staking. Also staking does not require a lot of effort to do just keep in mind that any kind of investment will have a risk.


Title: Re: How good is staking coins?
Post by: Sir Legend on April 30, 2022, 03:12:48 AM
Many staking offers give APY up to thousands of percent, but I recommend studying in detail with the coins we will staking, because most safe staking are strong coins even though they provide small APY even on Binance if we are staking bitcoin, BNB, Cardano or the like. others only get about 8% APY.


Title: Re: How good is staking coins?
Post by: dlightag on May 23, 2022, 10:21:14 AM
The Cryptocurrency industry is a function of having enough fund, before thinking of staking of coin for a daily little profit it need capital, for higher rate  annually return invest, which is chance of profits or lost after a long time token unlock from staking platform. Because the coin may be Dip below the initial buying price, by automatically depreciate after a long term holding.


Title: Re: How good is staking coins?
Post by: d3nz on May 23, 2022, 10:44:33 AM
some of the altcoins at stake are not all good. look back at the liquidity of those altcoins. Staking can give you an advantage, because staking is a very good way for us to use crypto. if you are risking it is the same as trading, you should be able to re-analyze the state of the market.

There are a lot of altcoins that are really good for staking and worth keeping for the long term and the only thing is the percentage you will get every day. That is why checking the APY or APR rewards on trusted exchanges or website is a must.

Exchanges also provide locked staking for 30, 60, and 90 days which has big APY or APR rewards than regular staking.

I think the best for me to stake today is BNB and AXS.


Title: Re: How good is staking coins?
Post by: sulendra12 on May 23, 2022, 11:57:18 AM
Staking is just put your money on certain thing to hope to get interest and forget it for next few years. If you are looking for "big" income with staking coins then it's a misleading idea and not for that type of benefit. But, just for some side income that you don't even bother to check it time by time then it would be a great idea to stake some of dogecoins of yours.

I agree that staking won't give us a big return unlike when we invest in altcoin and get 2x ROI in a few months but at least we can keep our portfolio stable when a bear market happens so you will be ready to buy another dip with your capital + profit from staking. Also staking does not require a lot of effort to do just keep in mind that any kind of investment will have a risk.
Yep, that's pretty much it. When the bear market hits just like we have currently experienced these days. I do think that staking is good to keep our portfolio and make another step once the market is recover in the future. Just make sure to spare the coins for trading just in case you want to and store the rest for staking for some passive income of your coins.


Title: Re: How good is staking coins?
Post by: Wildwest on May 23, 2022, 12:24:32 PM
Risking and wanting to get a big reward on a coin is very dependent on the coin we hold, and the profit we get certainly varies because not all the coins we hold raise occurs simultaneously, then this is very rare to be talked about by every investor, then risking potential coins is certainly the choice of many investors because the profits that will be obtained must be satisfactory.


Title: Re: How good is staking coins?
Post by: vanesha on May 23, 2022, 01:05:25 PM
It depends on the conditions and what coins you want to stake. Talking about dogecoin, for the future I think dogecoin already has the potential to change itself from a meme concept to a utility, of course that means it is very good to hold. Well, here is the benefit of staking, when we hold large amounts of coins for a long time, the staking feature is useful for developing it with a platform that already has interest rates in it, it's just a matter of how we believe in Dogecoin or want to take passive income from staking only.


Title: Re: How good is staking coins?
Post by: Pamadar on May 23, 2022, 02:58:23 PM
Staking is just put your money on certain thing to hope to get interest and forget it for next few years. If you are looking for "big" income with staking coins then it's a misleading idea and not for that type of benefit. But, just for some side income that you don't even bother to check it time by time then it would be a great idea to stake some of dogecoins of yours.

I agree that staking won't give us a big return unlike when we invest in altcoin and get 2x ROI in a few months but at least we can keep our portfolio stable when a bear market happens so you will be ready to buy another dip with your capital + profit from staking. Also staking does not require a lot of effort to do just keep in mind that any kind of investment will have a risk.
Yep, that's pretty much it. When the bear market hits just like we have currently experienced these days. I do think that staking is good to keep our portfolio and make another step once the market is recover in the future. Just make sure to spare the coins for trading just in case you want to and store the rest for staking for some passive income of your coins.

You need to have a good plan when taking your investment, staking while the market still bearish may give

you good compensation once the bull starts to bounce back. You are not just gaining from the staking rewards but the value
of your assets also increase, a matter of how well you are in sorting the right assets to hold for your staking and how long
you are willing to patiently hold to earn decent to huge amount of benefits.


Title: Re: How good is staking coins?
Post by: fzkto on May 23, 2022, 03:16:04 PM
It depends on the conditions and what coins you want to stake. Talking about dogecoin, for the future I think dogecoin already has the potential to change itself from a meme concept to a utility, of course that means it is very good to hold. Well, here is the benefit of staking, when we hold large amounts of coins for a long time, the staking feature is useful for developing it with a platform that already has interest rates in it, it's just a matter of how we believe in Dogecoin or want to take passive income from staking only.
You are correct in saying that staking is good for those who have a lot of coins, because the percentage of staking in that case is very good. But for those who have few coins, the process is unprofitable, because the price of the asset drops because those who have a lot of coins sell their rewards. I would not hope that such small rewards will ever be worth much. Most likely on the contrary, the price of such coins will be even cheaper.


Title: Re: How good is staking coins?
Post by: GigaBit on May 23, 2022, 04:59:28 PM
Stacking is the act of holding on your asset for a specified period of time and receiving passive income. Basically the market is lower level. Currently earning by staking is comparatively much higher. I think this is a good opportunity for passive income.


Title: Re: How good is staking coins?
Post by: saladin7000 on May 23, 2022, 05:37:52 PM
whether or not a coin is good for betting, it depends on the coin you hold, if you hold a coin that has great liquidity and potential, then you will have a good chance of being able to earn high profits in the future, but the factor market growth also greatly affects your income in crypto, therefore hopefully the crypto market will improve in the future,


Title: Re: How good is staking coins?
Post by: lousie9 on May 23, 2022, 11:08:27 PM
Staking on coins does sound pretty good to do, especially if we only hold a coin to continue to grow on a platform, but is staking the right thing? well if we just want to hold the coin for the long term then staking is better than we just keep it in the wallet without getting any benefits but we also have to be more careful when we want to stake on the platform so that we don't get a scam platform.


Title: Re: How good is staking coins?
Post by: n0trub on May 28, 2022, 10:44:30 AM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)


I think Doge token staking is still very worth it because so far the price movement of the Doge token is still relatively stable so if we put the token on the staking platform it will be very good when we want to keep the Doge token in the long term, then how much will we get of staking all depends on the size of the tokens we stake because the bigger the bigger the percentage generated.


Title: Re: How good is staking coins?
Post by: juanda on July 27, 2022, 04:09:43 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

in my opinion staking is a safer way to earn coins than others. but the coins we get are not much from staking results within 1 month, because I have tried it on several websites to generate some coins through the staking program. and this is very promising. and most importantly you don't go wrong because many places that provide staking have been scams.


Title: Re: How good is staking coins?
Post by: batang_bitcoin on July 27, 2022, 07:45:48 PM
in my opinion staking is a safer way to earn coins than others.
It's true that it's safer because you don't have to trade and it's just like holding it.

but the coins we get are not much from staking results within 1 month, because I have tried it on several websites to generate some coins through the staking program. and this is very promising. and most importantly you don't go wrong because many places that provide staking have been scams.
And that is because they have percentage per annum profit and it varies from the coins that you'll stake. That's the return of it, low risk and low reward. Earning in staking varies from the APY that the platform offers every coin that they support. Unlike mining, you don't have to spend for mining equipment that will cost you much and mostly for altcoins mining, you need GPU. What's good today with it is that the GPU prices are going down and that's the impact it gets because the crypto market is also down that's why prices react just as it usually do. And if you're problematic of the platforms where to stake, there are several options that you choose, one of them is on mycointainer.com (http://mycointainer.com). Just like the known staking platforms, they've got various assets to choose from and just always check the policy of staking platforms that you'll choose.



Title: Re: How good is staking coins?
Post by: makishart on July 27, 2022, 11:31:36 PM
I think everyone that willing to stake their capital and investment for staking with long time period in order to make some great returns should think in regard of the volatility that could eats up their generated returns from the staking since currently the trend is still looking grim.
It's unlike in bullish where staking could also get your investment increase in value, most of the time right now majority of coins are losing value, therefore it's gonna be hard decision in staking with locking period since there could be meaningless


Title: Re: How good is staking coins?
Post by: Mahanton on July 27, 2022, 11:50:28 PM
I think everyone that willing to stake their capital and investment for staking with long time period in order to make some great returns should think in regard of the volatility that could eats up their generated returns from the staking since currently the trend is still looking grim.
It's unlike in bullish where staking could also get your investment increase in value, most of the time right now majority of coins are losing value, therefore it's gonna be hard decision in staking with locking period since there could be meaningless
Not bad on staking on bear markets and since we know that APY percentage is considerable compared to banks then you would able to accumulate in equivalent in todays price and when the value increase then you

would definitely earning more than on what you have anticipate which is the pros of staking but of course it would really same goes when the market turns out to be bearish or declining even more.

The only thing i dont like about staking is just too long for us to wait but its a personal choice since there are people who could really deal up with long term investment.
Just mind off about the risk and if you could bare out on the risk then go ahead and invest.


Title: Re: How good is staking coins?
Post by: fuer44 on July 28, 2022, 02:42:04 AM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)
everything will depend on how much you put your funds for staking or farming. based on my experience farming on nominex, i have put in $300 and now the asset i get is 0.2 nominex per day. the value can be said to be small and indeed must include and greater.

for staking, which I know we will get 15% of the presentation of the funds we invest there. i just tried staking at nominex put in $11 and i checked in one month i got an estimate of $1.


Title: Re: How good is staking coins?
Post by: Pamadar on July 28, 2022, 04:14:45 PM
I think everyone that willing to stake their capital and investment for staking with long time period in order to make some great returns should think in regard of the volatility that could eats up their generated returns from the staking since currently the trend is still looking grim.
It's unlike in bullish where staking could also get your investment increase in value, most of the time right now majority of coins are losing value, therefore it's gonna be hard decision in staking with locking period since there could be meaningless
Not bad on staking on bear markets and since we know that APY percentage is considerable compared to banks then you would able to accumulate in equivalent in todays price and when the value increase then you

would definitely earning more than on what you have anticipate which is the pros of staking but of course it would really same goes when the market turns out to be bearish or declining even more.

The only thing i dont like about staking is just too long for us to wait but its a personal choice since there are people who could really deal up with long term investment.
Just mind off about the risk and if you could bare out on the risk then go ahead and invest.

Yes, there are people who understand and are willing to take the risk of waiting for a longer time.

They are aware that if they can hold and earn from staking, there's also a chance that the amount or the value of the coin they are
holding will rise and bring them more benefits.

Staking is a personal choice of some investors who deal with their research. They are good at waiting and earning from the stake rewards.


Title: Re: How good is staking coins?
Post by: strunberg on July 28, 2022, 11:41:24 PM
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... ;)

in my opinion staking is a safer way to earn coins than others. but the coins we get are not much from staking results within 1 month, because I have tried it on several websites to generate some coins through the staking program. and this is very promising. and most importantly you don't go wrong because many places that provide staking have been scams.
maybe its moderate strategy to get moderate return too. Alot thing should consider when we want stake our coins, make sure its trusted platform and also our coins was good project with alot benefit when we stake it.


Title: Re: How good is staking coins?
Post by: TheresiaCrone on August 10, 2022, 11:40:19 PM
Hey guys, I'm from the future and I want to tell you that Phaver  is real digital gold. Learn more about the project right now. Okay, I don't have time for writing anymore, I have to go to the neighboring galaxy for the harvest. And yes, I already know that after that another conspiracy theory began on the forum. Well, that's how BTT is set up.


Title: Re: How good is staking coins?
Post by: KennyR on August 10, 2022, 11:46:19 PM
Staking is good, when did with the potential coins. Nowadays we've got more coins with the staking feature, but that doesn't mean those coins are all highly profiting. We should analyse and invest. For users who wants a risk free earning, and never want to keep on trading could opt for staking. This helps with the increase in the holding volume with time and when market turns bullish we'll have a good return out of the investment.


Title: Re: How good is staking coins?
Post by: BuNga_cute on August 11, 2022, 02:17:05 AM
Staking is good, when did with the potential coins. Nowadays we've got more coins with the staking feature, but that doesn't mean those coins are all highly profiting. We should analyse and invest. For users who wants a risk free earning, and never want to keep on trading could opt for staking. This helps with the increase in the holding volume with time and when market turns bullish we'll have a good return out of the investment.

Staking is good to do as you said as long as we choose potential coins and also choose platforms that have a good reputation. But never expect
to be able to make big profits like we can make from trading, because staking provides a low interest rate, so the profit generated will not be
too large. Unless the coins we are staking the price suddenly pump, of course it will generate a large profit. Moreover, staking has a low risk if
we compare it to trading, so if we want to get passive income staking is a pretty good choice. Moreover, if we compare it to investing in bank
products, staking coins will be much more profitable. Because usually deposits at banks have lower interest rates than staking coins. Therefore,
I am no longer interested in investing in bank products and only leave fiat to meet my daily needs.


Title: Re: How good is staking coins?
Post by: Lambe Ndumble on August 11, 2022, 10:55:27 AM
Staking is a good strategy for earnings, it can be said that more than 50% of new projects always offer staking, especially now that there are also many rebase projects that provide rewards only by storing or holding on the wallet without doing anything, some of the apt meal project that I follow gives a good rewards.


Title: Re: How good is staking coins?
Post by: uneng on August 11, 2022, 12:30:26 PM
I think staking is a better thing than just storing coins in a wallet, we can get high APY, especially new coins that can give APY up to hundreds of percent, and until now I'm also staking a lot of altcoins because I have long term goals, until now I staking more than 10 altcoins, MATIC, TRON, CAKE, FTX, BNB, Uniswap and so on.
If a currency offers returns up to hundreds of percent there is something very wrong with this currency. When you see an offer like this you can expect the currency's price is going to decrease in the same proportion of the APY promised or even more. Therefore, these are high risk investments much more dangerous and volatile than average crypto investments paying few percent annual interest, usually up to 8% APY.


Title: Re: How good is staking coins?
Post by: hashrateproducts on August 11, 2022, 06:40:07 PM
Staking is a good strategy for earnings, it can be said that more than 50% of new projects always offer staking, especially now that there are also many rebase projects that provide rewards only by storing or holding on the wallet without doing anything, some of the apt meal project that I follow gives a good rewards.
Staking offers good rewards without stress, although it all depends on the type of coin one is staking on. Staking on top Coins like Bitcoin when is was at $18k and now at $24k would be yields enough profits for one to start another or open position. Perhaps investors don't depends on staking as some see it not good enough for a start for them, because they believe in only trading and opening futures will yields them profits to their portfolio. In these days, I would put in some coins on staking.


Title: Re: How good is staking coins?
Post by: cute nmp on August 11, 2022, 07:19:43 PM
Staking is very profitable sometimes more than investing in new coins .I have been staking some of my coins instead of just keeping them ideal you can easily make huge profit from them. Nowadays there are many platform that offer staking program one should choose the good ones that gives profit but personally i prefer to stake stable currencies cause they don't loose value at all and their is no risk.