The open blockchain platform Harmony has announced that it will start supporting staking from now, in an effort to create a blockchain-based infrastructure. source: https://www.harmony.one/Of course, as I know, there are many exchanges that support staking. I want to fully understand what is staking and what are the best coins and platforms that we can do staking and give good profits? My most important question: Which is better, staking or investing? depending on the type of coin, if the coin has an advantage and its value will increase, of course, staking is preferred, but it will be difficult because staking will continue to increase the total supply. the opposite of the rising price principle. so you have to choose wisely at least the investment would be better in my opinion if according to the coins you mention. unfortunately some coins that provide options for staking so they are coins that have a very large supply volume, while they do not dare to give options on coins that have a very limited supply because there may be a risk of price inflation and so on. so if that's the case then when I have a lot of capital then I prefer to invest in coins that have a very limited supply because it will give a lot of profit when prices rise as happened to bitcoin and YFI prices which have just appeared in the cryptocurrency world but already has an expensive price due to the influence of a very limited supply and the comparison is much less than bitcoin. yes the theory you say is true, but there is an exception for yfi because most people say that defi especially YFI is a bubble, we don't know whether it's true or not. but what is clear for now is that defi is still the underdog and still has fomo on new projects. in the sense that new defi projects are still in demand. |
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The open blockchain platform Harmony has announced that it will start supporting staking from now, in an effort to create a blockchain-based infrastructure. source: https://www.harmony.one/Of course, as I know, there are many exchanges that support staking. I want to fully understand what is staking and what are the best coins and platforms that we can do staking and give good profits? My most important question: Which is better, staking or investing? depending on the type of coin, if the coin has an advantage and its value will increase, of course, staking is preferred, but it will be difficult because staking will continue to increase the total supply. the opposite of the rising price principle. so you have to choose wisely at least the investment would be better in my opinion if according to the coins you mention. |
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because the cryptocurrency in my country is not used for payment, so there is no special effect on crypto even though the economy is declining due to this pandemic, but in fact trading on my country's local exchange is still the same, there is no drastic decline.
Well for countries who don't have a good acceptance of cryptocurrency there will be almost no changes at all because it is not well entertained by many people in their so the changes will not even be visible enough to see but for countries who do have high acceptance and usage of cryptocurrency, the buying of crypto might be reduce due to the recession happening and many people might cashout their assets and turn it back to fiat because some people will lose their jobs because demand in the country will be greatly reduced, depending on the usage of the country, the more a country is active in cryptocurrency the more it will have an effect to cryptocurrency and its market. but from some of the people who commented here, I saw that they answered that there was no serious impact or impact caused by the recession on crypto in their country. in the sense that crypto currencies may have different cash flows from others. |
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because the cryptocurrency in my country is not used for payment, so there is no special effect on crypto even though the economy is declining due to this pandemic, but in fact trading on my country's local exchange is still the same, there is no drastic decline.
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basically crypto cannot be categorized to get a steady income.
because the value is very volatile.So, for example, if you staked and received a token prize within an uncertain amount of time, you could lose because the value of the asset you are staking is unstable.
Volatility of price is one thing for crypto, but even if it there was no volatility, crypto does not create an income stream itself. Just like owning gold doesn't produce income, owning crypto doesn't produce income. It's an unproductive asset. The only potential return it represents is capital appreciation. There is no cash flow associated with owning it. well, that is what I mean if you or someone wants to get the results of the assets that he buys / gets, he can try other things such as buying a house and renting it out, opening a business, and others that give value / results every day or depending on you determine it. Bitcoin may not pay our bills immediately when we needed it the most but bitcoin for me was a good investment. If ever you're lucky enough to have an extra fiat or extra money that you think you may wanted to invest in it and you're willing to take risk for an investment then it'll be good. We have different enterpretatio. When it comes to bitcoin, this may not be a passive income but if you really know hoe to deal with cryptocurrency you will never get lost at all. well i agree with the share not for passive income. indeed bitcoin is a good investment for now, but you also have to learn or have knowledge about it, because making a profit in it is not as easy as it looks. |
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thanks for the advice it seems like some people have different principles about investing, whatever it is as long as it leads us to something good it will be very helpful.
some people may have their own specialty, which is why some people produce faster, even though it takes hard work in the end
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In the midst of a crisis like this, taking your own money from the bank is sometimes constrained because some banks do not have money stock anymore, and there have been cases in several countries that I have heard of.
This is increasingly being feared because the buffet warren also says not to put your money elsewhere (invest or otherwise).
because the potential for failure is still large.
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I think the meaning of the word asset is different from the point of view of each person, if I think an asset is something that can make you money regularly, like you make a deposit in a bank and earn interest every year, own property and rent it out, own a retail business, and you get income. routine every day, week, month, year.
while crypto cannot give you a definite profit every day, but its value will increase if the price goes up.
Well, that idea isn't wrong, but the general idea of an asset is something you have in possession that actually has a value. May it be a monetary or sentimental value. Bitcoin became an asset when it starts to acquire value, or shall we say, when it was used to purchase the pizza. Bitcoin is money, because it has it's corresponding value comparable to USD. Do we consider USD as asset? Then the answer would be the same as Bitcoin. IMO, an asset is something that has value, not only If it's generating profit or not. Do you consider your car as an asset? Car's value are decreasing as time passes by. That's what I mean because people's responses to assets are different. I also considered anything that had value to be an asset at first, until some people came up with the ideas I mentioned earlier. actually there is nothing to worry about just how you manage or handle your assets which is more important I think.  |
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basically crypto cannot be categorized to get a steady income.
because the value is very volatile.So, for example, if you staked and received a token prize within an uncertain amount of time, you could lose because the value of the asset you are staking is unstable.
Volatility of price is one thing for crypto, but even if it there was no volatility, crypto does not create an income stream itself. Just like owning gold doesn't produce income, owning crypto doesn't produce income. It's an unproductive asset. The only potential return it represents is capital appreciation. There is no cash flow associated with owning it. well, that is what I mean if you or someone wants to get the results of the assets that he buys / gets, he can try other things such as buying a house and renting it out, opening a business, and others that give value / results every day or depending on you determine it. |
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##PROOF OF AUTHENTICATION##
Bitcointalk Username: naikturun
Telegram Username : @naikturun
Campaign : signature
Spreadsheet # : 45
ETH Wallet Address (ERC-20) : 0x0Fde8466F72c1605588596bbeDC8C1A7c26B2EF5
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basically crypto cannot be categorized to get a steady income.
because the value is very volatile.So, for example, if you staked and received a token prize within an uncertain amount of time, you could lose because the value of the asset you are staking is unstable.
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it might be possible to hit the next bull, but for now I doubt it.
but if the progress or development of the project is good then it could happen.
but not too fast because there are so many projects that are featured.
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I think the meaning of the word asset is different from the point of view of each person, if I think an asset is something that can make you money regularly, like you make a deposit in a bank and earn interest every year, own property and rent it out, own a retail business, and you get income. routine every day, week, month, year.
while crypto cannot give you a definite profit every day, but its value will increase if the price goes up.
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You feel very confident, but people can realize it, actually no one really knows when it will happen, because when it started, the money that went into the crypto market kept pushing the price up without anyone being able to predict when it would stop, that's why many people still holding bitcoin at $ 19000 because they believe that the price will continue to rise when the 2017 bulls happen.
and if indeed this year will happen then we must be prepared and take maximum advantage.
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guessing the market, it's like playing a game of luck with a 50 to 50 chance of winning.
if for one entry you need 1 $ and you only have 5 $ in your pocket then you can only predict up to 5 times, in contrast to people who have 100 $ to enter because they have more opportunities and also the chances are higher if your balance is more Lots.
that's true if you guess the market and i'd say that it is more like a 80-20 chance with the higher being chance of losing because it wold be pure gambling with odds that can't even be measured. but when you trade, you don't guess the market, you analyze it and try to speculate where it goes. I agree with your point that traders who are analyzing the market should be able to increase the odds beyond a mere 50/50 guess. I would be surprised that very many are able to accomplish anything close to 80/20 and that they would be employing decent risk management strategies to account for whatever purportedly reasonable probability assessment that they are able to accomplish based on their own skills. Of course, traders would be seeking to build the higher level of skills with the passage of time and hopefully NOT losing too much money along the way while they are building up from 50/50 skill sets to something approaching 80/20, if that is even possible. But not every trader can win against other traders. A mere 10% are consistent in making all the profit FROM the other 90%-lesser-skilled-traders. Only a few people accept this fact. They believe their losses went to "the market". It didn't, it simply went to the traders who are better than you. Trading is like a competition, if you compete today and lose then someone will be the winner, and vice versa. then those who are already deep or have a fair amount of experience are part of the 10% you say. Like Brazil who won the world cup 5 times, we cannot call it luck because their team play is indeed great. Likewise with the trading that we do if we always hone your skills then your chances of winning will increase.  |
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gold is still preferable to bitcoin if that happens. I watch gold every day so right now it is suffering, its a long term asset not short term perfect protection and little people on the street will want something a little more liquid. Its going to take a bit of skill to play gold and the spreads will kill most people jumping in and out of it. Nothing wrong with mixing the two as they do different things and imo gold appreciates on a decade long stride. So just observing dollar index today, its a slight fall but only within wednesday pricing which is minor. I think we're probably more stable till monday even tuesday. Maybe you are right because it takes a lot longer to generate than bitcoin, I'm also sure some young people want things fast and don't like to wait too long. so both have their own advantages and disadvantages. I really like bitcoin even though in fact gold is superior. |
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I think the increase in 2017 is the best for now, so going forward sooner or later there will be other increases.
i wonder when bitcoin will reach 100k $.This year the crypto market is starting to improve due to defi, uniswap projects and maybe other things that will boost the market later.
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In my country, the divorce rate has increased sharply, especially in urban areas. Increased tensions in the household during a pandemic, caused by factors of changing dynamics during the pandemic, increased household chores that make couples become stressed.
Initially, before the pandemic, the intensity of communication or meetings between members was small, so the potential for conflict was also smaller. But a pandemic that requires staying at home has increased intensity and increased potential for violence.
The pandemic has an effect on the economic conditions of the people. It is this economic factor that causes the wife or husband to not get or decrease in income, which encourages restrictions on meeting family needs so that it can trigger arguments or violence against either wife or children.
agreeing that in our country, the situation and mentality of this couple on average are still not enough, especially for the first time they are facing a crisis like this. Besides mental, financial is also the main key to a harmonious relationship, because everyone needs money. I have seen a lot of news about divorce violence against children, even torture to death. the main cause must be economic problems. because many couples are desperate to marry without thinking carefully whether they are ready mentally and financially. |
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I think it is still too far to choose bitcoin as the main investment, gold is still preferable to bitcoin if that happens.
although bitcoin can avoid inflation and generate profits but its price is very volatile makes people still doubt it,gold still leads.
Have you see the gold price movement? Yeah you must see it before you make the opinion. Based on daily time frame the gold chart has passed the 23% fibbonaci retracement after its price slumped down. At this situation, there is no good for gold or bitcoin because both of them have the same price movement. Also, the DXY chart pattern seem like will form the head and shoulder pattern maybe there is an affect for bitcoin will decrease again. most people will choose what i say apart from higher liquidity, gold is more secure than bitcoin because bitcoin is still very volatile. so if these two assets decline people will still side with gold. i also love bitcoin but that can't deny the fact that gold is still more desirable than bitcoin. |
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if you are given the opportunity to buy the price at the bottom, then that is a good opportunity,
because the increase will occur if there is strong support, make sure you don't use all of your capital,
and you can share it to buy altcoins in the dip
the problem is no one really knows if it has dropped to the bottom, for example the btc price fell from 15k to 12k, some people suggest that it has gone to the bottom and will bounce back but in fact it is still initially down again to the 10k range, so you have to prepare money or a strategy when the price goes down you buy and expect the price to fall again and will buy back at the next decline, at least it might be more useful. There should always be a plan B yet price are way too unpredictable thats why you should prepare yourself if your initial step or plan had failed then if the price goes down even deeper then you should ready the funds for you to accumulate way more cheaper coins.We might presume that the price wont shoot down on big percentage on a single day. When buying back then we do always have those doubts and fear which is unavoidable and i cant blame someone if they do panicked out due to that reason. Its always been like this where people do keep telling on buying the dip but doubts will always be attached to it. Yes we always have fear upon buying since imagine if we fall on bad entry for sure we will bag hold the coin for possible long term period and that would be a total mess for us especially if we have only small amount intended to use for tradings. That's why sometimes I always amaze to those people who knows how to trade with huge budget attached on their wallets since they can do the cut loss and buyback to gain and this method is so effective way to earn and to gain back the losses we might have for the day we trade. guessing the market, it's like playing a game of luck with a 50 to 50 chance of winning. if for one entry you need 1 $ and you only have 5 $ in your pocket then you can only predict up to 5 times, in contrast to people who have 100 $ to enter because they have more opportunities and also the chances are higher if your balance is more Lots. |
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