Bitcoin Forum

PASSIVE INCOME
(the article I found here: https://www.linkedin.com/feed/update/urn:li:activity:6917793863591993344/  One of the bigger experts in WEB3)

Banks VS Crypto : Interest vs Staking

Today, the most common way people seek to turn profit on their investments is with a savings account in a bank.

However, depending on where you are based and the options available to you, odds are that even the most generous savings account will only pay somewhere in the range of 1-2% yearly, if you are very lucky...This value is barely above the rate of inflation in most countries, and is actually a worthless return.

Luckily Crypto has an alternative for the Bank 's "interest":

#STAKING

If you're a crypto investor, staking is a concept you'll hear about often. Staking is the way many #cryptocurrencies verify their transactions, and it allows participants to earn rewards on their holdings (aka the interest of cryptos). The interest a holder gets, depends a lot of the crypto itself. It can go from 5% till much higher returns.

One of the crypto's with interesting staking returns is #ICP¨, as it can give you uptill 28% APY (yearly).
Sounds better no?

HOW DO I STAKE ON ICP using NNS?

1. CREATE AN INTERNET IDENTITY

You will need to create an internet identity to login to the NNS app. This is easy to do if you have a fingerprint reader on your computer or phone or you have face id on your phone. (if you don't, you will need a physical key, for ex Yubikey or you will have to connect a wallet)

Create your Identity here:
https://identity.ic0.app/
(never forget to write down your seedphrase)

2. LOG IN THE Network Nervous System DAPP

The network nervous system is the way that the internet computer is governed, and staking ICP will allow you to participate in the community governance of the internet computer.

Connect here:
https://nns.ic0.app/v2/

After authorizing, you have successfully logged into the Network Nervous System (NNS )

3. TRANSFER YOUR ICP to your NNS Wallet

Once you login with internet identity you should see a “Main” wallet displayed. There is a long wallet address underneath the name. This is the ICP wallet address for your “Main” wallet. Now, go to Coinbase or Binance (or wherever your ICP is) and transfer your ICP to that wallet address. It should only take a few minutes (at the most) for the transfer to go through.

4. STAKE YOUR ICP IN YOUR NNS Wallet

Step 1: Click on the Neurons tab and click Stake Neuron.
Step 2: Enter the total number of ICP you want to stake, and click create.
Step 3: Set the dissolve delay to your preferred years of stake, and click update delay and confirm it.
Step 4: Next, select your topics of interest for the proposals you can vote for. As here, you actually own your currency (not banks holding it) and you can vote on topics for the governance of the ecosystem.

Enjoy your freedom and your real passive income ;)

PS For more detailed explanation, follow the steps in the video and article here;
https://[Suspicious link removed]/exJNYdPy

Staking is far way more better than Bank interest. And the method should widely be encouraged by government.
Not only that, imagine a situation whereby a staked coin got appreciated in price you will realize higher returns than expected returns,  this is the most interesting part of staking in crypto when compared to Bank interest, Op, where the only benefit is only base on the percentage return.

The best banking interest you can receive right now is roughly .5% and this is for only online only banking since they do not have the brick and mortar overhead costs that a physical location incurs so they are able to offer higher rates. Now comparing staking to bank interest rates it’s not a fair comparison. Staking involves MUCH MORE risk! These are really two entirely different things. 

I admit, staking is more profitable than bank interest...

I'm not doing a promotion but right now I'm also staking $cake, the interest/reward I get is really big if I compare it to bank interest. the risk is indeed quite large, such as a decrease in the value of the asset or rugpull, but you must be more selective in choosing your staking platform, don't be easily fooled by a super large APY/ROI, it's better to choose one that only provides a small APY but the platform has a great reputation and good.

I guess you are right, however there are also disadvantages in bank savings, I do use banks in everyday life because online payments for our business gets through them. I do also stake in Defi Binance with 90 days maturity. It is in the person where he wants to put his money, and I prefer both of them. Investing in different fields is a good decision where in if the other fails, you still another to support and back you up.

The difference between these two is more like hold your money as fiat inside your pillow or to invest the money you got to earn some profit over it, by holding money in a bank in some countries they give a fixed or in some cased unfixed interest and the money you have seems like not changing and free of risk while you are actually losing money! imagine the interest rate is 10 percent per year but the inflation rate is 12 percent per year now if you had 100 dollars you will be happy to have 110 dollars but actually, you lose 2 percent, that's what people usually do not consider while holding money in the bank, while by staking you won't have such problems because you are actually investing on assets instead of just holding fiat.

Why in the world would you make comparison of these two? The least apr of any staking platform is by far better than what any bank can offer for your fiat.
Bank will only use your money to profit and hand you peanuts to clear their conscience.
Crypto staking (stablecoins) gives decent profit depending on the amount staked. And if you staked coins which are not stable, you stand the chance to earn more, from the high Apr and from bull run high price in the process of staking.

If we compare bank interest and staking, it is better to choose to the stake because a staking program can give you long-term benefits, especially if you choose the right coin. We know that bank interest will not provide high returns and it will only cost us. Maybe we can get a decent return but that would cost a lot of money. But in contrast to staking, we can start with a small amount and hold it for some period. And if the price of the coin goes up while we have made a decent return on the coin, we can sell it while we still have another amount still running in the staking program.

This is the advantage of decentralized over centralized since the interest rate being distribute to the stakers is high since there’s no much operating cost involved in running a DeFi system while on the other hand Banks need to pay there employee, tax and other miscellaneous plus the profit of owner which will be deducted on the supposed to be the interest of peoples money. We should not blame banks for low interest because they need to have profit in able to survive.

Staking is a very promising thing to make us get big earnings, I prefer staking to bank interest, especially if I staking at Pancakeswap which can get APY more than 60% whereas if relying on bank interest APY is not more than 8% per year.

As some people here assume that banks make money with Saving Accounts: in most countries, the money deposited by individuals in savings accounts (which is what we're talking about here) is used to finance the real economy (https://en.wikipedia.org/wiki/Real_economy), whether it's building social housing, helping businesses, or other things. Your stuff with Defi doesn't do that.

If the point is to talk about interest rates, you're taking the wrong example by taking a savings account. There are plenty of other investment products and some with a better ROI than Defi and are more secure (and even more since some funds are insured by the government (up to 100 000€ in Europe))

You also fail to mention the risks of stacking, you only embellish it. You don't talk about what happens if the price drop significantly and the person will never hit the BEP and end up with a negative ROI. There is also the risk of illiquidity on the market, the loss of funds if the coins are not stored in cold storage (and it happens), etc

I don't like bank interest or staking.
Both options are similar in that in both cases you entrust your funds to complete strangers who pursue their own interests, but not yours. If in bank interest, you can receive a small profit, which partially compensates for inflation, then in staking, inflation is offset by an increase in crypto asset prices. Chasing a small percentage for staking can only lead to losses. You need to ask yourself: where do the % that the staking organizers charge you come from? They can't come out of thin air, right? I consider the use of staking unreasonable risks. There is no guarantee that your funds will be returned to you later.

Bank interest here on my country do plays around 1-2% annually so its not really a good thing for you to mind off if you do really think about investment because it was never been worth but speaking with security then

you could count on that and speaking with Staking then APY do really looks appealing but of course you would really be needing to put up some risk on entrusting it out on a certain platform
for you to make out some gains.

So its up to your own choice on whether which one you would really be dealing off with.

If am to go by one, then staking is near better to savings. Cause with the appreciation of a coin one puts a stake on, the interest gotten at the end can't be compared to ordinary savings which interest is at about 1-3% annually in some countries.

Secondly, Savings is more of a longer term thing than stakes.

Certainly, passive income is one of the best ways to earn online through cryptocurrencies, but what I prefer is a high-level currency such as Ethereum or BNB or other currencies that have a good market rank, what I also prefer is that the process be completely decentralized because I live in A country that is banned from many sites, especially the ones you mentioned here, I mean Coinbase and Binance, also I do not want to enter sites that require activation through KYC because they cause a lot of problems.

Of course, it does, wow,  28% APY, where do I get those tokens to earn billions?
Oh wait, did you say ICP?

https://talkimg.com/images/2023/06/12/A81KG.png

ICP as in the thing that crashed from 424 to 17$?
So if I would have staked with ICP a year ago I would have put down 424$ of cons and got back 22$ with all the APY.
Sorry, 1% bank interest sounds better than losing 95%.

Wake up people, before you end up poor!

Have you found any? What you maybe referring to is just non-custodial. I may not be familiar with every DeFi but I doubt there's a staking platform that's completely free of centralization. Developers can still exercise control over these platforms and we have seen this happen already. They can hit the pause button whenever there are attacks or exploits.

The official number for inflation in the united states is 8%.

Basic finance says investors must place assets in accounts earning greater than 8% to turn a profit in the current economic environment.

I have seen US bank accounts offering as high as 5% APY. (Keyword search for accounts paying highest interest)

Celsius network used to offer as high as 8% to 20% on crypto but that option is now only available to accredited investors and closed to poor and middle class earners the way that ICOs are.

Real estate is another good option which can be leveraged by the non wealthy through the use of fractional real estate investment.

The key thing to remember is, 8% gains are needed to break even in an environment where inflation is 8%.

If inflation increases enough, even a million US dollars could someday be worthless.

Banks interest are useless and should not be consider as your passive income because you still lose money with the banks considering the inflation. Staking on the other hand, is more profitable and can be consider as your passive income. Staking still needs analysis, and enough funds so you can have more profit. Do stake good coins only to ensure you still have your money at the end of the year and a possible capital appreciation by that time.

Earning interest from the banks are regulated and assured.

In staking, it's also assured but it's being done through the speculative market of crypto and with the chosen coin to stake with. The hard part is that there are plenty of newbies that are being misled by those high interest rates of new projects, their APY are too good to be true and they're buying those coins and stake it.

The highest one that I see, the legit one is around 15%-16% and that's on exchange's staking platform for which we know the risk of not having the private key of your deposited coin to stake.

This actually depends upon the person on which platform they are comfortable.

Preferably, bank investments have returns that are significantly low. Though this may be the case, you are assured that your money is earning inside a financial institution which is considered absolutely safe. You have that feeling of security where your funds are stored and earning at the same time but the downside is that the returns are much slower. This method is recommended for people who have a relatively large capital stored in banks and they do not need such for the meantime.

Staking, on the other hand, involves a similar scenario but it earns on large interest. While this also embraces the concept of investing, it is riskier in my opinion. Though both can yield good results, I still prefer bank investments due to its security to its users.

Profits from staking also depends on the coin itself. If the value of the coin happens to decline thru time, then, it is no good to put your funds to staking. The main advantage of putting your funds in the bank is that it is the same amount that you deposited on them plus the small interest. You are secure that your money will not disappear if you put it in a reputable bank of your choice. Whereas, with staking, it depends on the platform where you put your funds and the coin developments. The risk in staking is higher but if you got lucky, you can get higher roi.

I agree. Well, if we're talking about passive income clearly we cant get it in banks knowing how low the annual interest. The advantage of keeping our money in bank is, we're certain that our money is still intact. But it depends on the banks where you're going to deposit your money. As you've said it depends on the reputation of the bank, thus its a must to choose what banks you'll entrust your money because worse case scenario can happen. Staking on the other side is not as reliable as it seems because there are many things to consider and its risky as well.

why you may agree to stake than willing to have bank interest is because staking is some thing you can on your leisure time monitor without having double thought of what will to the next time, for banking interest you don't have measure time to monitor your interest because is not in your condition to regulate, and the method is very difficult to be compromise if you are not too well know the condition's, i will agree with you with great explanation you made, if you stake with 100 dollars and coin rise the profit is higher than the profit of bank interest for one year

This is not a good way to earn interest. Basically you need to own the underlying and what happens if it loses 99% of its value? There are way too many scam tokens out there which promise 100% APY to get people to buy them and then they lose all their value. Compared to the two I rather just keep it inside a bank earning nothing rather than lose 99% value.

If you want to stake do ETH or lend your stablecoins on a regulated exchange. Use 2fa and white listed addresses and be smart about security. Much better than the token he mentioned.

In my country the current maximum bank interest is 12% per year, even state banks only provide an 8% interest, this is what makes me not interested in saving large amounts of money to the bank, I'd better switch it to buying assets and crypto currently looks promising Besides holding, I also use it for staking and rebase so that I can get maximum profit.

Even on a longer term, Bank Savings are not worth it at all. Staking are better if you can find a good token to stake, because they can also be bad; there are some coins that you would stake and their real value would drop which is a loss for you at the end, because if you are making 12% per annum and the asset is losing 20% at the end of the year in its true value, you are the one losing because the 12% is still not enough to cover up for what you have lost. You can avoid this by staking a stablecoin or maybe staking a really good asset that is more likely to maintain its growth through the year.

I think there is no unit answer for that situation. A lot depends on country origin of banks and stacked cryptocurrency. For example in my country, about 10 years ago, a person could get 5-10% monthly from bank interest (the more you invest, the less you get). Now banks offer 1-2% and in addition, a person must pay income tax from that (previously it wasnt counted). Compared to - today I have sent my MATIC to Binance Earn for 90 days with 21,54% APY, and I have stacked 300 NMX on Nomiswap and get 1$ a day. But that is my situation, yours can be completely different.

ICP had the same pattern as a lot of projects last year...All for same reasons.
At a certain point big early investors take all profit out, as it first went x.., this creates panic in the market, and a snowball effect of sales start.
Combine this with a 50% correction in Bitcoin, and you have a sh*t storm.

You can also turn your point around. If you know a project had a all time high of 424 and went to 17, if you start staking at 17, your chances of bigger gains are much higher. Especially if you follow the fundamentals, the updates, the team,...you can clearly see we are not talking about a dead project.

That's how I think.
I don't know how long you have been in crypto, but corrections of 80 to 95% are noting new to me. Its exactly the time I start paying attention. I am not going to buy a crypto that went 10x, 20x, 50x,...no, I buy after a correction. If you check historical price graphs of the past of good crypto projects, check what happened after a correction of 95%...a new all time high....exactly.

And is also a fact, that if you want high returns, you need to take risks and time the market correctly to take positions and start holding.

We will speak end 2022 if your 1% bank interest was better than investing with 28% APY at a low of 17 (in this example..., is not the only project I am staking)

Time will tell ;)

I already love the staking concept, as it makes you keep holding, instead of trying to day trade and burn your capital. If you hold in the right projects, you will be on the profit side for sure. WEB3 is THE booming market.

It is a fact that if you invest in scams, whatever you do, your money is gone.

Also, when something looks to good to be true, it probably is. There are some, but very very few, that will promise you 100% APY+, and are not scams.

Still, there are much more good projects out there than ETH (with all respect to them) or Stablecoins to stake, with higher APY then 5 or 10%.

I started earning with crypto almost 5 years ago. And must tell you 99% of the world has been missing out on huge gains both from investmen ROI and passive income for that whole time  :-[ At the point where JPM, Morgan Stanley and Black Rock are proactively shilling it and creating digital assets departments, hell even Yellen made a real 180 turn on BTC, it's downright stupid/ignorant to call it a bubble/scam anymore. It's now 100% web3 and crypto are coming and will dominate both the tech and the investment world for the decades to come.

Now that's not to say it comes without the risk of it's own - the risk is high, but the returns could easily be astronomic. So the risk-reward ratio is awesome. I mean, I'm not satisfiedif I only make 10x a year. That's 1000% in the normal world, but we 'cryptoheads' don't even bother with percentages..

Having said that, it's all about your due diligence capabilities and your intuition. Invest dozens, hundreds of hours if needed into researching and deep diving into projects, then DCA and have patience. Psychology is probably the most important aspect in it all.

In case someone is interested and ready to deep-dive, here are the few suggestions I personally hold and can easily recommend:

- ICP - price-wise had a full prolonged retracement, seems to have reversed. On top of that boiling fundamentals, hundreds of new dapps popping up, the cheapest, fastest and largest blockchain out there - infinitely scalable. Offers anyting up to 30% APY, have to lock it for a long period tho https://www.stakingrewards.com/earn/dfinity/

- QNT - coin with 0 risk, because of it's AAA team and connections in the corporate world (from Mastercard, Big4 to almost all Central Banks). Hugely complex and hard but worth to research project. Will start offering staking sometime this year, and it will all come from the real world traffic, not crypto, so huge advantage

- ECC (Empire Coin) - very small, very promising, but with naturally higher risks involved. Will start offering the first Roundify app in the world in the next few weeks in the US, NZ, Australia and UK. Eg you buy coffe for $2.8, so the app will round it to $3.00 and will automatically use that $0.20 for investing in crypto once you set up your app. Doxxed hard-working, transparent team.

Bonne chance!

Its undeniable that staking is much profitable that bank interest but the question there is does the platform which offer this service will last long? Since we know in crypto nothing is permanent and there's a huge risk in every decision we made here. But if the person is new to cryptocurrency and seek for more secure investment they should go on banks since this is much safety for our money although the return is so low but we can assure that we are in safe hands.

Its basically Savings Account Vs. Staking right?

There are pros and cons when it comes to Savings Account for me.
The pro that I'm seeing is the risk. Putting your money in a savings account has a very low risk of it to disappear. The con though is inflation because of the low interest of savings account (I'm not sure if there are countries that has banks who doesn't give interest in savings account but in my country and in my bank, I'm getting interest), inflation is eating your money thus the value of it throughout the years decreases.

On the other hand though, there are pros and cons when it comes to Staking.
One pro is the interest. We know how much staking coins give to holders. Cardano gives 5% on average, DOT gives 14% on average and so on and so forth. Point here is the interest that we can get from staking coins is far more than what we can get in the banks but the con here is the risk. The risk is higher since you are holding a coin that is very volatile therefore, you may lose money while you staking because the coin's price is going down.

As for the OP, you are basically promoting something with a suspicious link below. Good Luck with that. As for me, I don't want to hold a coin that went from 700$ all the way to 17$. I'd rather buy another staking coin than that :).

You can invest in Binance as many people do and get a hefty return. As long as we can be careful in choosing the investment program, I think we can avoid scams that can come at any time. There are indeed good projects out there, but I suggest not having high hopes because we don't know how the project will turn out when it comes to new projects. It's best to go for a project that can give you a return on your investment and won't take your money without providing any return.

Binance is running staking for some coins and many investors are hodling their coin on binance staking platform that give some percentage of your staked coin depending on the duration of time of stake and for now I don't think there has been complaint about the platform.



Banks have played the role of third party for long and not every body enjoys that. This is why cryptocurrency is preferred for those that don't enjoy disclosure of information to third party, so it is a choice.

I think passive income is better from bank sector depojit bank is fixed income their is no loss but profit is very low but investment of staking of farming system profit and loss both but profit ratio is better from Bank.

Depends on what you are staking. Everyone talks about how staking is better but the reality is that if you are staking something horrible then you are not earning enough money at all. You should consider the fact that crypto is not something you could really throw out of hand that easily, it is basically a two faced project that has both great stuff you could stake and terrible stuff that would hurt your finances.

If you stake something like uni or cake or eth then you will earn a good amount and it would be great, but if you are staking some shitcoin then you will lose it all and bank would be better in that situation. Basically, pick what you are staking properly.

Lol, fundamentals updates, team...all that crap.


I've been long enough in crypto to understand that the whole roadmap team projects such much wow is pure garbage.
Once a coin is out of the hype bandwagon it dies, a slow and painful death.
Should I remind you that EOS got 4 billion in an ICO? That Dash was claiming to have millions of users and climbing about bitcoin in usage? Where are NEM, Decreed, Stroj, Chia, Dao?

Also, why should I check the graph when I'm just pointing you a graph, the one where this shit went down 95% and it's still going down.
So how do you know now is the time when you should be buying and it wasn't 30$ it wasn't 25$ and it's not 1$ or 7$.

The fact is:
- if you would have bought the coins at the start instead of 420$ you would have 22$.
- if I would have put my money in a bank I would have now 424$.

Also, I've been long enough on this forum to know you're shilling the shit out of this shit well before even checking your post history:
https://bitcointalk.org/index.php?topic=5390274.msg59562281#msg59562281
What a surprise /s

That's a great point, and you should also consider the volatility of it, right? it can just be adjusted unless it is a shitcoin that will die anyway. Well, speaking of profit, it is really profitable, but we don't know if it would be stable, unlike how stable banks are. Staking is good for a few more months unless it is a really established one with a lot of roadmaps ahead, which would be a good thing to invest in, but so far from what I have seen, it is best to stake for 3 months then get out and try again to a newer one.

It's very unfortunate you only talking about savings account and interest earned on that. I think there are better ways like SIP, Mutual Funds, Stocks etc. If your money is going to sit in the banks then thats not gonna grow. But if your money is in MF's then I am pretty sure over the period of year you can easily get 15-21% on a good fund. There are many brokerage firms who has proper channeling to select these funds. The financial risk is there but its all about reducing it comparatively and growing your wealth slowly. For crypto's you may have high returns but you may have highest risk ever. Comparing to savings money, it's nothing in front of SIP & MF. Moreover, based on your locality and regulations, you are also entitled to get some tax exemption for holding these investments.

I used to think that Staking is good option when you have coin with 25% APY etc, but after reading @stompix explanation I am pretty sure that is not good idea. Just couple of days ago I posted it was, but after this example its best to invest in market with proper risk assessment.

Yes, it is much better than the token the OP mentioned. I think it's a good idea to weigh the possible downsides instead of constantly thinking about the gains for tokens that never prove future potential. Stablecoins and some of the top altcoin right now are great options to staking on, but we also have to weigh the risks.

At the bank, of course we can do it with much less risk but also with small interest. So being smart is expected especially when it involves money in risky things.

There shouldn’t be any difficulties when it comes to picking one between these tow. Bank savings is probably a waste of time, if you’re expecting to make good returns then it shouldn’t be what you’re looking for. Bank savings are simply just for savings and nothing more than that, you shouldn’t be expecting anything.

Staking is a better option between these two and is something that should be worth considering. That is just it for me, I don’t see bank savings as a means to gain any form of income at all, because even before the end of the year there might be some charges that will cut off everything.

Do people here put a ton of money staking stablecoins in sites like nexo, celsius, gemini etc?

For sure there are people who are parking out their stable coins on these platforms.
Lets see for example on Nexo.
https://nexo.io/earn-crypto

Offering upto 17% APY looks interesting or appealing which is more than a bank could offer but speaking with security of those
coins then you cant really be sure of that.

Yes, I've seen a group of people that are into staking. They consider those interest rates to be like a steal to them rather than putting their money in the banks.
But the risk is that, they're a platform and they won't issue you your private keys so if you're up to that and good with it, it's your choice to stake with the percentage of APY they'll issue to you but you don't hold the keys.

Not your keys / not your money :D.  That doesn't seem to be the situation I would expect with all the purported changes from governments in the not-too-distant future.  Find a hiding place first to keep the sovereignty and secure the assets, almost they will have to wait for some dex to become complete lending/farming/staking… lk
Bank interest rates are a bad thing when it comes to inflation and even so, the Fed continues to look for ways to increase the value of currencies that have been softened by the impact of the pandemic.  After all, I prefer APY of crypto, say no to banks.  Lol

I like passive income cause if i stake 10 or 20 project i can get an handsome feebback every month or every day so i agree with staking systum.

I think volatility matters if you are looking into shitcoins. Normally when we are talking about big coins, the volatility is not "huge", it is huge compared to regular markets but it is not huge compared to shitcoins. Bitcoin moving 10% daily could be a big deal in stock markets, but there are alts moving 200% daily during the same period.

So when you are staking, focus on the trustable stuff and you will be getting something good in return. That is what I believe we should all be focusing on when staking, the idea that the you will get a return is awesome, but the fact that the price of the thing you are staking matters even more in that sense.

Bank invest is so good and risk free.Staking it's possibility pumping and dumping and also the possibility basic money loss.So more then good bank invest because it's not possibility to loss your basic money.However, depending on your mind and what do you want and what do you think about more beneficial. I think bank it's really profitable, but we don't know if it would be stable, unlike how stable staking. 

Passive income from banks is certainly very promising, but we have to save large amounts of maybe millions of dollars to be able to get APY 6% from banks, but with $15k and we activate staking on DEX which can provide APY up to more than 100%, especially when this is more and more projects that give APY up to thousands of percent.

When I talked to some friends in the banking industry, I was also surprised that they had a team that used everyone's money to participate in savings investments in other fields. But in hindsight, I also have a little thought about the hierarchy of people's knowledge, and sometimes we should also understand that when we don't have enough knowledge to expose ourselves to different fields to make profits, it is also reasonable to save money and share profits. But for those who are familiar with this market, I firmly believe that staking is a great tool for maintaining value better than any other field that I know of right now.

Staking is certainly more promising than bank interest, with staking we can get hundreds of percent APY, but bank interest only provides a maximum APY of 8% (current average rate in my country), it can't be denied that staking is worth choosing, of course we have to choose a platform & safe coins so that profit calculations can be accurate.

It's true  about bank interest and inflation, it barely cover you for the inflation that is about to come. That's why you need to have a place or source for your money to earn higher than the inflation rate that's about to come.
It's okay whether you prefer to put it on mostly to APY with staking than the banks and it's your preference. We all agree that it's more profitable if it's with the staking.

Exactly. The higher the risk, the higher the reward will be. While staking may seem to be profitable, the risks of doing such practice is much higher than saving your money at a bank. Where to put your money (crypto or banks) is entirely up to you. Believe me, there's nothing better than building passive income through the use of crypto/Blockchain tech. If you're able to manage the risks, staking works wonders.

Someone wise enough would simply rely on both banks and crypto in order to minimize risks as much as possible. By saving money at a bank and staking money on crypto, you'll be able to achieve peace of mind. As long as you "invest" your money wisely, there should be nothing to worry about. Just my thoughts ;D

But not for non-potential random assets. I think it's not as simple as we think.

We are never forever safe with investments regardless of whether it is in crypto or in banks. At the bank, the government may force us to pay income taxes which means the profits will not be better than we expected. Staking or crypto investing is a choice, so we must be really wise in choosing which asset is the best to own in the long term.

Bank interest was never be considered to be an investment but rather to be some additional peanut amount for you to get of storing your fiat with them and it would really be that wrong for someone to have that kind

of impression or mindset about that manner.Of course the risk is much higher which is understandable and you could really able to see that whenever you do experience both.
Interest in banks arent that good and as said by others 1-2% per year so i dont see on why people do really treat this way.

Well, those with hundreds of percent APY are pretty risky, mostly I like under 100... less profit but lower risk as well! Except for higher rates in crypto I wish to point out one other important thing, it's accessibility! It's easy to work with crypto, always available from wherever we are, with so many different staking options anyone can choose the best for them, from wallet or exchange!
I don't have money in the bank, but I stake a few coins! I have already chosen what's better for me, and I don't think I will ever go back to staking fiat in banks!

For me, the answer is neither. The money I have in the bank uninvested I keep as an emergency fund. I don't care how little the bank gives me, and I know that if I discount inflation I lose money, but I take it as insurance.

As for the staking, it is true that it gives more interest than the bank, and I was about to remind you that the higher the profitability, the higher the risk when I read stompix's post:


I would see sense in staking with stablecoins, but there are other options, such as buying shares of good companies that pay growing dividends.

Keep in mind when investing: it is better to invest in something that does not give you passive income if the total return is higher.

If investing in a shitcoin that gives you a passive income results in a loss of more than 90% of your investment and on the other hand, having invested the same amount in Bitcoin that you keep with your private keys gives you more than 90% return, the latter is preferable.

Here you can clearly see the trade-off but it can also be applied to dividend paying stocks: if investing in a certain stock will give me a 3% dividend but only a 2% capital appreciation in the long term, I will do better investing in an index fund that does not give me dividends (passive income) but gives me a 10% return.

Staking if you are holding for long term. But you should keep in mind about the volatility. You might get a 10% APY, but if the price of the coin falls by 20%, you lose 10% (if you sell. You don't lose anything if you don't sell). Bank interest gives you flat interest and the fiat currency isn't volatile. So you don't have to worry about your money in short term. But don't forget about the inflation. Your savings account will give you an interest between 1% to at best 3%, but the inflation in the long run leaves you with no profit/interest. Instead you will be losing money if you keep your funds in the bank for a long period of time. Worse if your country is facing hyper inflation.

banking and or government bonds. are safe the principle will never vanish.

As they are backed by the government. (this is in theory) we do known small governments have let banks default or bonds default.

But disregard that and 1000 bond at 3% is 1030 in a year  then say 8% inflation so 1030 x .92 = 947.6

but lets agree it is a certain 947.60 value

any coin you stake I do not care what coin it is has 2 risks poof it is gone vanished due to the place holding the stake robs you.  and the coin drops in value say 50% or 90%

so the 1000 in a coin get 20% it is 1200 but its price can drop so it is 700 or 500 or 300

or worse if an exchange was holding poof it is gone.

Every coin you stake has one or both of those risks.  so what if it paid 20% if it was worth 1000 ssd and dropped in value to 100 usd you lost.
if the exchange gets hacked you lost.

anyone with bonds, bank accounts may not care about shrinkage.

IE give me 100 million usd in fed bonds getting 3% I do not care about the shrinkage .

My advice is you need both 'safe' that will shrink a bit and risky that who the fuck knows what will happen.

Staking in my opinion is more promising than internest banks, and for almost a year I have been actively staking with several major coins such as BNB, MATIC, Stable coins and so on, and for stable coins I use for staking altcoins and from the list is Celsius, besides that I also use for staking new altcoins because it provides a large APR up to more than 100%.

for me staking is more profitable than bank interest. bank interest is focused on saving in fiat currency, where the interest rate is not proportional to the increase in inflation. This is different from staking, where we get coins and if the price goes up, the profit will exceed inflation in fiat currency, but it also carries a greater risk, because high fluctuations can make us lose money if we sell when the price drops.

Staking and Bank interest from my perspective for Stable Token is not that much different but I agree when it comes to a coin/token because when the price increase we will get double profit, I really enjoyed staking because I don't need much effort to earn more coin/token that I invested. If you want lower risk just go for a stable token because it's got a stable price with steady rewards.

I agree with staking as well. Volatility is one thing to keep in mind when you are staking and that is a scary thing. However, the banks are even scarier because they offer you "usually" less than what the inflation rate is. Look at the inflation rate in your nation and look at what the interest rate is, I can 100%guarantee you that it is almost always lower.

It means that even though your money goes up, that means your profit doesn't go up and even though the amount looks higher, the value of that amount is lower. This is why bank savings means that it has nothing to do with profiting, you are actually losing money when you think you are earning.

You have your security with your funds when you put it in banks. Whereas, with staking, it depends on the platform where you send your coins. How sure are you that they will not abandon the project? Good if for example, you are staking under binance. But with staking platforms offering high roi, I would doubt their longevity in the business. Also, you need to consider the coin you want to stake. Are they going to continue the increase of price or will its value decline after months and months of staking. There are pros and cons on both sides. Now, it is up to you how you will take those risks.

I agree that staking could be bringing more money but it also makes sense, why? Because when you are staking in many different coins, you are actually creating that coin, when you put money in the bank they give you money that they do not have at that moment but calculate that they would, so they use your money to go out there and earn money and come back and give some of it to you.

In staking it is not like that, like for example Cake staking means you are creating those coins, just like miners use equipment to mine bitcoin, you use your cake to create more cake. This is easier and the return makes sense because of it, BNB or stable ones are a bit more closer to banks.

Passive income is increasingly popular in recent times, especially for cryptocurrencies.  These staking investments usually offer a higher return than the bank rate if we have the knowledge, experience, time and research to bet on good stable coins.  In my opinion, high returns always come with great risks, and if something is 100% safe it is not a good chance even if you deposit money in the bank.

Yes, this makes perfect sense if you have exposure to this market. If bank interest rates are different in different localities, we can accept that we are satisfied with that understanding, but if we have a certain amount of financial knowledge, we can completely look for other ways to make sure. Secure assets as well as create better profits when we can completely stake and earn better profits. But each has its own limitations, and privacy issues in this market are still a barrier for newcomers to access, but at a basic level, I don't think there are any. There is nothing to worry about because I myself only have a small amount of money to participate in the market.

Both have advantages and disadvantages. The biggest risk of staking is choosing a reliable project to place an staking is not easy. Choosing a coin to stake it is like we have to research, screen and monitor a project for us to invest in. If that coin keeps falling in price, cannot even survive a period of development. It's quite normal for us to lose.

Bank savings obviously our money will be more secure but in the long run our money also depreciates because of inevitable inflation.

Some of your statements make zero sense op. For example, I know many FIAT savings programs that guarantee 6-8 % interest per year depending on where you live, your age etc.

These savings programs are offered by extremely reliable banks which is why the risk factor is effectively zero. Staking is a great alternative, but the risk factor is definitely higher in comparison due to reasons like volatility etc.

If you are interested in staking, I would stick to reliable cryptocurrencies even though the interest per year is on the lower side to reduce the risk factor.

The bank interest I get in my country is currently not more than 8% per year, the central bank provides low interest because it hopes that many entrepreneurs will invest by borrowing from banks, this is certainly not profitable if we save in banks and it is better to invest in cryptocurrencies then use for staking, some DEX provide very large APY up to hundreds of percent so that it looks promising and prospective.

if the choice is between staking and bank interest, then I will probably choose bank interest. the reason is, bank interest has a low risk, and a definite profit. Although staking also has definite, and even greater, benefits, the risks are very high. it could be that the price of the coin drops, or suddenly the project becomes a scam, or a rugpull. we never know. Personally, in terms of profit, I always choose low risk. Therefore, I may prefer bank interest. it can be a savings that gives us income every month if we continue to increase our savings.

Only the ignorant will have his money saved in the bank in place of an investment, i still wonder if some are still operating such using fixed deposit, that is an opinion for open door to be invaded by inflation because the value will depreciate with time and can't overcome the influence of inflation by then, moreover the rate in investment (ROI) issued by banks is no where to be talked about and as little as peanut.


Don't be surprised that as sweet as the ROI on the cryptos has it corresponding risk attached, we have seen many with a good start but crashing along the way, there's no guarantee in them for a long term holding because the more it stays the riskier it becomes except for bitcoin.

Almost 5 years I have never had a balance of more than $2000k because bank interest is very low, there is no benefit if I save money in the bank, maybe those who have more than $10k will feel the bank interest, moreover investment choices are very diverse today and in the android application we can trade forex, staking or crypto trading which is more profitable than bank interest,

If you do really make yourself broaded up your mind on investment possible ways or possibilities on earning money or profits then you wont definitely consider bank interest since it wont really be giving out significant

interest that you would able to feel out thats why people do mostly consider out finding other ways and this is where staking or even trading considered to be a good way on earning more profits
but of course this is something that cant be simple for someone to engage without proper knowledge which there's a high tendency that you would really be fucked up instead.

There is some downside of staking in comparison to banks. If it is an altcoin you are staking the price of your initial investment will also surge with the whole market. That means you could gain additional altcoin but its price in USD could fall below your initial investment. This won't happen with banks because of stable fiat currency. Also if you are providing liquidity then you should know about impermanent loss too.

It can't be denied that staking is the most profitable technique today, with staking we can get big profits and even many projects that offer APY of up to thousands of percent, and bank interest is currently very unprofitable because it only earns interest of less than 1% per month.

staking our altcoin maybe more suitable for long term purpose which is less volatility price and rise steadyly , maybe atleast 1 or 2years we will got two benefits from its APY and also price increase. moreover if there any stakedrop program that usually in cosmos ecosystem, more benefits we will got

you must also recgnized market volatility too, dont ever you get huge apy but in total amount impermanent loss due some reason.

Staking does contain speculation as you have shown. So to do that, you have to understand the risks. if we can understand, then it is safe for us to stake on a trusted coin that is on the top board, even though when we get a staking coin the price drops, but one day it will come back again, it can even provide double profits. This is different from bank interest which is nominally small, and of course below the inflation that occurs

Everything must always have a risk, so it is very important that before doing anything, understand everything, including the risks.
besides that we also need to know how staking works,
because if without any preparation it will only make a loss

Does that matter if it's a trusted project or not when we are talking about speculation? In a bear market, every project goes down except a stable coin. If you just want to increase the number of your coin no matter what the price is then staking is profitable. It's suitable for long-term holders but for the short-term holders, this could be painful. Staking is much better than bank interest but you have to understand in which occasion.

Yes  I still have Bank Savings till now but at least that is just a tip of the ice berg from how much i have in my crypto savings, Staking? yeah i am onto it but In Binance only , that is the only staking place where i trust more than anything.
i tried others in the past but I did not get what seems to be promised so i focus in staking in binance up to now.
Bank interest is far lower than what i can take in staking but at least I wanna make sure that I am ready in everything that would happen in the future.

In my country saving money in a bank account is still very common even though it's not profitable. My grandmother and even my father have almost all his savings in a bank account that is paying 0.1% interest rate for the last 5 years. With inflation rates of above 2% they are losing money every year. I keep telling them that there are better alternatives to at least protect the money against the inflation, but they are not listening to me. The strange than is than they are complaining every month how much more expensive food and other things become. I don't see that interest rates will rise a lot any time soon. The higher inflation is a very good situation for all the indebted countries and helps them to reduce their refinancing costs. That is why I would expect to see a constant higher inflation in the future with only moderate interest. It just doesn't make sense to bring anymore money to the bank. I would recommend anybody to look into staking rather than saving to get at least some return after inflation.

Depending on where you live and the options available to you, even the most generous savings account will most likely only offer 1–2 percent APR. In most countries, this figure is barely higher than the rate of inflation.

In comparison, even the least generous staking coins can generate a yield of more than 5%. Many, including Tezos (XTZ), Cosmos (ATOM), and Polkadot (DOT), currently generate yields of 5.69%, 7.82%, and 13.112%, respectively. Again, these figures and your exact yield will vary depending on a few factors, but they will almost certainly be higher than the best savings accounts can provide.

DEXs provide attractive interest rates, but they're extremely risky as any vulnerability in the code or a drop in market prices could make you lose everything in an instant. As it's said in the real world, "the higher the risk, the higher the reward". Whenever you want to stake crypto or save money at a bank is entirely up to you. I'd focus more on using crypto directly for day-to-day payments than as a long-term investment. As long as you don't become greedy, you'll be on a road towards non-stop success. Just my opinion :)

Saving money in the bank is not as profitable as staking but we cannot deny that it ensures the safety of our money.

It is the right choice for the elderly because they focus on safety, they are not like us who can take risks to get bigger rewards. Staking brings high rewards but also contains potential risks if we choose the wrong coin. Therefore, should allocate assets reasonably, should not invest all in one place.

if we want safest way, maybe staking stable coin in any decentralized exchanges could be the solution.its annual rate still above deposit rate in several countries. maybe the problem is the exchanges security in future, there is no one it could avoided from hacking case . year by year hacking case in crypto market increase dramatically , and we must concern with this.

Its a point of view.
I would say what about Ethereum, Polygon, Sandbox, MANA,... So many examples of cryptos that have healthy corrections during their lifecycle, but have in a 5 year time a huge progress.

And yes, now a lot of projects went down hard, but I repeat, lets talk again end 2022. ;)
When I stake I am not thinking short term, I am in for the long run.
DYOR, as it is indeed important to stake in good projects that have the potential to keep growing.

What do you mean by our token? You are working on a project or you are the owner. It is not about the ecosystem because you can lose money in any project if they do not have any working product and well planned future roadmap but offer attractive APY to attract investors.



Huge APY means rewards will be higher which will increase tokens in circulation. Because as soon as stakers get their rewards they will instantly sell to extract their initial investment.

One of the biggest or main hindrance or reason on why we do really hesitate on making out such option due to security or scam or hacking involvement on where we cant really assure on a years time there
wont really be those kind of probability which we would really be thinking off on our investment for that long.Yes, we could possibly earn more than on what we could earn in banks but the risk involved
would really be still high and if you could able to bare it out then go ahead but im sure that most people wont really be that seeing this thing to be appealing.

That's why doing research is so important. If you know the team of projects and the roadmap + what is the possible utility for mainstream in the future...Can help a lot in making the right choices. DYOR

Not the most profitable but one of the ways to make profit here in cryptos. Most profitable I believe is trading because there is no limit in trading. You can make unlimited money as long as you are a skilled trader. The next one would be is investing but just like in staking it requires patience since the goal to make better profits is by selling at higher price and that doesn't come easily but it takes time.

Be careful on projects that claims thousands of percent because they are good too good to be true and likely a scam. I better stick on lower percent because they tend to be more legit. We keep money in banks because it's safe and convenient but don't expect much that you can earn on them.

I almost do not believe in projects that provide APY up to thousands of percent, it really looks like a scam or it won't last more than a few months. this really brings too much risk, I would never staking such projects.

Should choose projects with a reasonable percentage and those that have been recognized as safe to invest and stake. Along with that, choosing a platform to stake is also extremely important, we should only stake reputable, leading platforms.

Of course staking, even for now staking is my biggest income in cryptocurrencies, I've been staking for almost 2 years on several DEX and spot exchanges and I think the results of staking are very satisfying, even I am also happy with staking to earn new coins because many are successful and can earn big profits .

As a rule, scammers use vulnerabilities in DEX that have been recently launched. And as a rule, such new platforms offer the highest APY that cannot be compared with the interest rates of traditional banks. So everyone should decide for themselves what is more important for them, reliability with a small APY or risk with a large one.

fiat saving still needed for emergency condition , maybe put some money into cyrpto and fiat saving will be ideal for us. staking in binance has best security layer and also our money here 100% guarantee . if any loss , their exchanges will replace it using SAFU fund. crypto staking has bigger APY if compared with bank saving or deposit. but we must also calculate the volatility in future.

Why would really be need to choose one if you could choose both? When you are saving up some money for future or for some security and if you do like to venture out on some crypto investment then you could really

opt on staking but its not really that suggestible considering on the risk involved.Earnings per year might be that bigger than with Banks are offering but this isnt something that you could compare out in terms

of assurance or security of your money and with just common sense then you would able to identify out for yourself about main differences.

While you are correct when you state that the costs of running a bank are higher and as such they can offer lower profits, we also need to be honest, banks were a monopoly and as we know a monopoly can get away with a lot of things when there is not a competitor forcing them to be more efficient.

Bitcoin has forced the hand of banks as now more people are interested in parking their savings there or in some other coins and obtain way better benefits, banks are finally realizing the problem, which is why we are seeing yet another round of FUD against bitcoin and the market in general.

I have money allocated both in staking and in bank deposit, I'm not using the latter to take advantage of the interest, it's no use. Funds are certainly assured in a bank, however, if you're careful enough, staking stablecoins  is just as safe, while achieving a far greater yield, 10-20% in the worst case scenario. Deposits on the other hand, will yield less than 1-2% on a yearly basis. The reason I'm using them is solely for convenience and to receive salary.

With APY no more than 10% per year then I think there is no interesting thing about Banks, it's better to invest in Crypto then we use it for staking, although binance gives APY 6% but we hope that a fantastic price increase is more important than the APY staking We get it.

Oh please, do we even need to compare these two things? Damn, I really do not think that if a person knows a lot about staking crypto or has at least enough knowledge about it, he would still consider going for banks as an option if he wants to gain anything from his hard earned money. I mean, just think about it, the difference is just too far apart. Even more so for staking platforms that has just started yet. Of course the risks on crypto staking can be worrisome which is why I mentioned knowing a lot about staking or at least enough knowledge about it. The only thing that is hindering a person from achieving financial goals nowadays is himself. Learn, experience and take reasonable risks. That is how you will be able to achieve more at this day and age specially in this industry.

A few weeks ago, I put a decent sum of money on UST-BUSD, it had 30-40% APY back then, now it has fallen to 5-10% and I'll possibly switch to another vault. However, Beefy now has a BUSD vault on Binance Smart Chain, featuring 13.39% (or 0.0319% daily), it was around 35% a few days ago, but it seems to have lowered now.

There are plenty of other options as well, if you check other networks too.

That is because they are 99% scams and 1% will fail, that is why. Any project that offers thousands of percent APY returns cannot sustain that and will either go down to a realistic level or they will be gone. Look at Pancakeswap, they provide something realistic for the good ones, but look at the small cap stuff there, they are offering high levels but their prices always keep on crashing lower and lower and can't be sustained and never stay high.

This is why if you see a project that offers anything high, you should stay away from it. Things like 20-30% is not really impossible in crypto, that could be done, and things that are 10% or under are usually decent.

Sometimes we lose and other times we win. I remember having made my first staking with two tokens frm and nexo.
After a year, when I unlock the Staking, I can see my benefits.
I won a high ROI in FRM for being a token that was barely growing up in the market.
However, even though the token nexo has an impressive marketing machinery, the benefits I got were low.
After that experience, I never saw banks as a better place for my savings.
Investing in Crypto is risky, it is worth taking into account not put all the eggs in a basket.

There's no brainer if we do compare out bank interest to APY which been offered with staking with altcoins which you do say that most of them are scams and the rest do really fails. 5-10% APY is really realistic

but offering above those numbers are basically not really that suggestable for you to engage on and as been said or mentioned that its price would be crashing until you do end up on earning nothing or peanuts.

Its never been recommended to consider out staking as a good way of investing considering the duration and risk involved into it.

Those type of things lower because more people put money into it. The outcome is always the same, the return is almost always the same, what changes is the amount of people who got in. Solets say that daily it will distribute 100 bucks, it will always be 100 bucks and it will not change alright?

In this example, if we have 10 bucks invested into it, then each dollar will get back 10 dollars back, but if we have 100 dollars than each dollar will get another dollar back. This is what happens when APY drops, the distributed amount is the same but invested amount is lower. This results with lower APY and usually proves you that you are investing into a trusted pair for sure.

Indeed saving money in bank preserves our money for us. But the issue with keeping your money in the bank is that you are hardly getting anything. Staking can be more profitable and risky at the same time. You can make good profit from staking your cryptocurrency, and even more as the true value of the asset you have staked continues to increase. But when that is not the case, it would be the opposite which is  a loss due to the true value of the asset you are holding decreasing.

But, majority of the people would always prefer to stake their money than just leaving it in the bank and making nothing. Although as usual you will always need to have some part of it saved in the Bank, while another part can go for staking or whatever you choose.

For me the essence of saving money in the bank is for savings only that you can have the opportunity to withdraw it anytime your money is needed but if you are putting your money in a system and hoping for it to grow then staking is the best option. In my case I didn't put my money more on a bank if I know that I would keep it here for a three months or more because if I put it on staking within this expand of time there will be the probability to grow.

Up to 16% is still fine because I've seen legitimate exchanges that do offer that APY for staking some specific tokens and coins. The risk on it is that your fund is on exchange.
And you know what comes with that risk when you don't hold the keys and that's going to be on the exchange's jurisdiction and you'll never know if they've been casually checking their security for loopholes.

Things have gone pretty stale on Binance Smart chain the past few weeks, I'm now planning to move some funds to another network, since APYs have severely decreased on the vaults I was interested in. The Fantom network has some pretty interesting ones, with over 50% APY on stablecoins.

Just because the APY is lower, doesn't mean that it is not profitable, nor does it mean it shouldn't be invested. Main reason why the APY is lower is the fact that there are a lot more people investing into it. If you are using stablecoins then the low APY is understandable and you should focus on something else, but if the APY is based on some good token or coin, like for example Cake or BNB ones? Then you could still keep it because it could go up as well.

I personally still hold all my BNB and Cake staking because in the end we are going to end up earning from the staking rewards, but also from the increase in price. I do not trust other networks for the price reason, even though staking rewards could be higher.

Would really be that common sense that you would be sticking into popular coins that had already established and had been able to test with time or simply had been on this market for a while

on which you could able to determine and see on how they do perform and able to see on how many had been supporting it.Its true that the more people who are engage to it then the lower
APY but its true that it doesnt mean that it would be a bad idea on engaging into it.ITs better to have this one compared into those high APY but in speaking with risk then you cant
really make out some assurance.

binance still be best exchanges staking platform due its reputation handling hacking case in the past.with SAFU we should not worry if have any assets there, and staking on binance could best decision we mad. if compare on bank saving return and stakin in cryptocurency, its totally different,we have huge gap here.

Of course, comparing interest banks with staking such as comparing ants and elephants, in my country, banks only give about 10%, whereas now many stakes are giving up to hundreds or even thousands of percent, and this is what makes me prefer to make staking as a top priority for Earning and farming money.

I would always go with staking at all possible times. You don’t even make profit by saving in the bank. And if you even make anything at all from bank savings, it’s not going to be anything reasonable.

So, it is not something that I would consider as an investment. Staking is far much better than it. Except if you are talking about bonds, but even investing money in bonds are not really worth it for me because the profit you would be getting isn't going to be that much compared to what you can possibly gain from staking cryptocurrencies. There are so many good coins that you can stake and make reasonable amount of profit from them before the year runs out.

I like the ones between 20 - lower than 100% APY! Hundreds or even thousands percent APY is just too good to be true! I guess it's ok if you catch some projects in the early days, I saw some of them offering good APY to attract people, but even that is risky, it's not so easy to find a solid staking project with high APY that will last! It's ok to try it with some amount you won't regret losing, but I wouldn't trust in staking with over 100% APY with some serious money!

Really?? What kind of project does it gives a thousand or even hundreds of percent yearly return in staking?
Your bank is a very generous too, coz here in my country there is only 1% below interest rate on your savings account.
That's such ridiculous number. I don't know, I'm not a bank expert but If there is something that a bank gives 10% APY, I guess that falls under a specific term and that would be close to investing rather than savings.

Do you really trust those projects that are giving more than a hundred to thousand of percent APY? They're too good to be true. A bank that gives out 10% is actually good already and someone who has a large fund can rely already on that bank for his other investment.
That's going to be my retirement plan to just invest it into a place where it's going to grow 10% of APY or even a little bit higher but it's for a high amount that I'm saving.

Yes, I think that is pure exaggeration. Definitely when this whole staking began, those projects are offering huge APY to attract investors. But as soon as the market is saturated, then slowly bring it down.

So to be safe, anyone should go to a bank if they don't want to take a huge risk on this whole staking crypto games right now.

Believe me, coins with a low APY have a lower investment risk than those who not. Especially those that aren't dubbed as "stablecoins". With low interest rates, prices will become relatively stable than all the other way around. If we were to compare between staking and saving money at a bank, we'll notice that staking is much more beneficial to our pockets. That's because the returns are higher with staking crypto than just saving money at a bank.

Decentralized Finance ("De-Fi") is already making strides in the mainstream world, so I wouldn't be surprised if banks adopt the revolution in order to stay ahead of the game. While banks won't go anywhere soon, "De-Fi" will certainly make an impact in the Fintech space. Expect staking to become more popular as crypto takes the world by storm. Just my thoughts ;D

The higher APY, higher the risk. Beefy now provides you with an APY historical rate on the vault you're interested in, which is extremely useful. A few weeks back, I invested in a vault which looked promising, however, I didn't bother to look its history, only to find out that it was only experiencing a temporary spike in APY.

Certainly, newer vaults will yield a higher performance, till they get saturated by investors and start declining.

You are right, but as long as the risk is worth the gain, then of course we can consider it.

Last year I tried to invest in a different way, namely by providing capital to gold traders in trusted jewelry stores with a profit-sharing system. For me it is quite profitable compared to risking less potential assets even though the APY is quite high. However I know what risks I will face when investing in this way but I feel lucky that it has made me a good return.

Depends on the coin, how much the APY is, there are a lot of factors to consider, but yes, sometimes it's worth it. Back when I started interfering with DeFi projects, I invested into an algorithmic stablecoins, BoltDollar to be exact. The yield was great and it lasted more than a month, I earned two monthly salaries within a couple of weeks, I couldn't be happier. However, it suddenly crashed, losing great value. Fortunately, it had showed signs of failure and managed to withdraw just in time.

Anyway, I also forgot to mention the risk of impermanent loss, which features most of the available vaults now.

We could really exclude out some businesses or investment which would be tending to be compared to crypto market or in related things because its understandable that there would be some significant differences

in terms of profitability and risk factor which i would always be preferring with those traditional ones in speaking with lesser risk but since there are times which we do really love the thrill on investing on

high risk ones then this is the time we do really make out such decisions in terms on touching crypto investments.

If we talk about staking we don't only talk about how much passive incom you get but also need to consider the price of the coin in the future.
the highest ICP price was around $450 and now the ICP price has dropped drastically to $15. if you invest in ICP at a price of $ 450 and do staking, can the passive income you get cover the losses you experience because the ICP price has dropped dramatically?

I think staking is more promising big profits than bank interest, as we know that the bank interest is very small, even in my country the bank interest bank is no more than 10% per year, while with staking then we can choose what we want from tens of percent to thousands percent per year.

Staking in crypto is far more rewarding than bank interest. However, there is inherent risk associated with cryptocurrency, so people tend to be scared about investing in Crypto because of volatility.
If I have my way, I won't use the bank to anything. They give you interest but the charges you incure might eat up the interest.

10% interest per year? I have plenty of reasons to doubt your statement. A bank, in the best case scenario, provide you with 1-2% interest per year. I get a euro or two every 3 months from my bank, with a relatively decent deposit (not $1-2k). On the other hand, in the worst case scenario, staking stablecoins would get you an average of 15-20% APY.

Personally, I had invested $1.000 in UST-BUSD, which is one of the lowest yielding vaults currently, and has already achieved a profit of a few dollars, within a week or two, something that's impossible with a bank.

it's true that staking is more profitable than bank interest, and the risk of staking on an exchange that makes it a dilemma in crypto, bank interest is low but there is a guarantee when our money is lost or the bank said it was robbed if we have complete data we can claim it at a local bank

staking also must calculate impermanent loss that maybe occur while our coins price drop, make sure our crypto assets that being stakes for good project which is alredy survive for many years in market. alot staking coins that provide high APY, but its new project which is not proven yet as good currency which is could survive for long time. alot traders now speculating their money for high APY project for short term goal.

10% per year? Sounds impossible for a bank on giving out annual interest for your funds stored on them..So i dont really believe on what you have said on here.
Try to look on APY of these banks.
https://www.investopedia.com/personal-finance/banks-pay-highest-interest-rates-savings-accounts/

You could even barely see on surpassing 1% which basically shows that staking is worth but we know that risk taking decision
would really be that crucial.

That is why it's not advised to buy the coin when its price is high but if ever you already buy the coin at a high price and then it dumps, the best thing that you can do is to strongly hold it and pray that the price will recover and rise soon.

You can get some returns in staking but that is not enough to recover what you have lost buying at highs. On staking I heard that stable coins can also be used, I think this is one is much better since there's no need to worry that the price will drop in the future. Many people considered this more than the volatile cryptos. It's nice that stable coins are now more useful than before. Now people won't hate stable coins anymore.

It's astonishing that even the highest bank interest doesn't surpass 1% APY, while on the other hand, the minimum you could achieve with staking varies from 10-15%. I'm currently sitting at 11.50% (on Binance Smart Chain), which is quite low, if you take into account that there are options with way higher APY, over 20% on stablecoins, which is considered safe.

Staking is very profitable and I have done it for 2 years in several Dex and Spot Exchanges, of course when compared to Bank Interest is very far, and in my opinion staking is more worth doing, for example I Autostaking in Pancakeswap and gets APY about 65% because I focus and make a coin What I stakes as a long -term investment.

nominal bank interest is not much, and the benchmark is inflation, even bank interest cannot cover the increase in inflation, but our nominal money will remain the same at any time, while staking will be very beneficial for the long term and the selection of coins that have the potential in the future, so that this is like an investment that has interest, but for that there is a risk, different from saving

Especially with the inflation rate now....

65% is actually high for a yearly interest but I've seen quite good projects that have almost the same rates. But the risk with that is you don't know if the same value will be made after a year or even half or a quarter of your stake.
What's better on staking is if you choose the flexible terms, you can get it anytime. The same with the banks, before it's hard to find those terms that are flexible but right now, I've been seeing offers that have flexible terms.

In my case, if I have to make a comparison, I will look at the two in two different contexts, then select the one that works best for me.  In this case, the bank gives us direct fiat currency that is available in all places, On the other hand staking is just giving profit in  cryptocurrency. One of our disadvantages is that the use of cryptocurrency is still not accepted in all parts of the world. Since I'm associated with cryptocurrency and by staking someone can not set a tax in my profit so I'll choose staking

There are quite a few instances of single asset vaults offering great APY, such as Cake, Stella, BIFI, however, you should always take into account impermanent loss, market crashes, such as the one we're experiencing now, BIFI has lost over $300 in value in the past week. You'll need to be extremely patient, especially in periods of depression, while choosing the correct project is a strenuous procedure.

if our goal for long term and ignore market volatility, i guess staking on Cex or Dex was good reason. with more than 30% for its yearly return and also price growth, in three years our investment could be huge. we got double benefit by staking potential coins. with same amount in bank deposit, we will get bigger return by staking crypto currency.

The "good" rate depends on the risk you are taking though. I mean yes 65% is great if we were talking about USD here, but when we are talking about cake, it could drop in price so much that maybe it will be 2 dollars next year by the time you get your 65% and you will be not so much in profit? Who knows what's going to happen, and that is why I believe that the higher rate of staking returns in crypto is because people do not have the same trust to it as they do with fiat.

I trust crypto even more, and that is why I am fine with staking and it is 100x better than bank interest, but at the end of the day I know my limits and won't put all of my money in it.

I would assume that the best case in that situation is "everything going alright without a problem". When the situation is good enough that you would be doing fine unless some unexpected thing happens then there is no problem.

I mean I would see Cake and BIFI and all that as a great investment because they should be making you a good amount of money and that shouldn't be going south anything more than the market to be fair. I mean yes there are chances that it could be going down more than what it normally does and that is a problem but at the end of the day what is the chance of that? Like what’s going to happen, cake gets hacked? Doubt that.

It is undeniable that staking is the best system so that we can get an APR or APY that is tens or even hundreds of times greater than the bank interest, is something wrong if we rely on the bank interest.

Depends on what you're staking, as we both mentioned, options such as Cake or BIFI are relatively safe, in terms of something unexpected coming up. Price volatility, like the one we're currently going through isn't something notable, since the whole market is pretty much a mess right now, thus, if you're believing in a platform, such as Pancakeswap, Beefy.Finance, StellaSwap, your investment will eventually pay off, in the long-term, providing that you're patient enough.

But remember there are pros and cons on both sides. Yes, you can possibly get high APY with these staking coins however, what is your security that the project will continue to distribute their dividends or how secure are you that their price will not plummet once you decide to sell your coins? Whereas, with banks, even if the interest is almost negligible, you are sure that you can still get you initial funds anytime you need it. The decision is very subjective as it depends on the specific coins you want to stake with.

Staking is certainly a good offer, what is high to hundreds of percent of percent makes us worthy of staking as an alternative for profit, but the thing we have to be aware of is if we are staking in dex which is usually connected to metamask because now there are so many hack cases, even me Also had hacked so that he lost my assets more than $ 2000.

APR offers that are very high in staking certainly cannot be compared to Apr from Bank Interest, this is like comparing elephants with ants, but we must be selective when staking because many new coins die because they cannot compete in the market.

Is totally correct.

Comparing passive income from staking vs bank interest is of course very different, staking is very profitable but has a high risk, but for now what I prefer is staking, with staking we have full control over assets, we can immediately sell when we get big profits while bank interest is very small and it takes at least a month to get bank interest.

Just dont forget that in bank interest case you operate with fiat or lets say stable coins. What is the point of staking with 200% profit, when altcoins value has dropped by 300% ? When 1-3%  in stable coins is always 1-3%. Doesnt bank interest gives more stability or feeling of safety? Chance that bank goes bankrupt is lower than altcoin going to a bottom.

What I like about banking interest is that it is totally passive. With staking, you still have to follow the market and follow project. Because you might miss moment when you should quickly close staking and sell.

That's why I'm avoiding them, I've done that and got a serious impermanent loss and I don't like it. It is what I'm trying to avoid and even they're likely promising you with better gains.
I'm not buying that anymore, it's better to have a little gain with little risk than to acquire that impermanent loss and you'll never know if that's going to take a recovery or else, that impermanent loss will become permanent.

The risks of staking coins are simply too high to bear. That's not the case with banks, as Fiat deposits are insured by the government (like in the US). The APR may be low, but the risk of loss is much lower than it's the case with PoS cryptocurrencies. You'd have to be quite agile to protect your purchasing power during high periods of volatility. If you play your cards right, staking may be a much more suitable option for reaching endless profits. It's all about balancing risks vs rewards. I'd do both staking and saving money at a bank to achieve complete peace of mind. Who knows if someday banks offer crypto staking services to customers in the future? Just my thoughts ;D

I nearly forgot about this till somebody pointed it out.

Seems like it's time to see the result:
So you had $17
- putting it in a bank with 1% you would have $17.17
- despite the last pump, your investment is currently $5.4 and with an APY of 28% is $6.92.
So not only you haven't made a profit but you also lost $10.08 of your investment of $17$

Probably a lesson that earning more money by just buying money doesn't work always how some wish it would.

You'll end up losing more money with crypto due to extreme market volatility. But that only happens if you don't know what you're doing. I'd simply keep buying and staking coins, until the time comes to cash out my profits. The results are better than just saving money at a bank. But not everyone finds it easy enough to manage their crypto funds on their own.

Depending on your needs, would be the place you'd store your money for safekeeping. What's important is that you make it grow to help offset the negative effects of inflation. As long as you do that, nothing should stop you from becoming financially-independent in the future. With banks getting into the crypto/Blockchain craze, it shouldn't be long enough before people will be able to easily participate in staking without even knowing it. Who knows if you'll become the next millionaire? Just my thoughts ;D