Hi everybody
I wanted to talk about staking. In my opinion, this is a good way to increase assets that would otherwise just lie in the wallet. I recently tried staking on the NewsCrypto platform, the market situation is not entirely certain now, so I am trying to extract maximum profit from my assets.
Speaking of nws, I liked the fact that there are many different plans to choose from, I decided to try staking for 3 months to test the platform. But I think I was not mistaken about the decision. nws has a lot of positive news, and I think the price will only rise. What do you think about staking and do you use this feature?
I have tried earning money on staking a couple of times, but it doesn’t suit me, since I spend everything I earn on cryptocurrency for a living. Staking is a kind of investment, only you block part of your tokens and you are paid even more tokens for their amount. But it often happens that while your tokens are staking, the price of the token goes down and as a result, you simply lose the opportunity to earn immediately from the sale of these tokens. However, there are other situations when the token that you put on staking shows growth, then you get even more tokens, which means you can sell them and earn even more. It all depends on the correct decision made.