Why Is Nobody Talking About Crypto Staking

[Gbniman]

Since last year I was introduced to crypto staking , I became lazy and yet I know am not rich like that but I can afford almost basic thing I need at least

It all started when I acquired bnb at price of 15usd or below I bought it like 100bnb back then e no reach 600k, dollar rate was low

Later in 2020 I started hearing about staking I initially staked 50bnb in case I will still have enough left but the result was very interesting I started cashing out 50k it is small but my 100bnb is working for me

Most people think I am into fraud but I don't go in much details telling people how I made my money later in the year when kava coin fall below 2.2usd I invested 3m into the coin

I have bnb and kava staked every month am sure of at least 120k without doing any work just sleep , play video games , write computer codes , go out and drink and listen when everybody will be saying am doing yahoo

Doesn't mean that most people don't know about staking or that most youth just want to buy flashy cars and waste money on girls and in clubs

Because money used to buy lexus es350 can give u a comfortable profit for a year and still have ur money back if u are lucky pump can give u the money times 3 back

[DeathAngel]

Problem is you’re handing over custody of your crypto to third parties. You will likely be fine & nothing bad will happen but there’s a small chance they get hacked or go rogue. Your measly staking rewards don’t seem so good then.

[meanwords]

Problem is you’re handing over custody of your crypto to third parties. You will likely be fine & nothing bad will happen but there’s a small chance they get hacked or go rogue. Your measly staking rewards don’t seem so good then.

I mean, that's not his point though. People could actually stake outside of third-party wallets and still makes a decent amount of money without even doing anything, except run the computer or a Raspberry Pi or something.

[flip4flop]

Staking has been gaining media attention day after day. I dont think nobody is talking about it, it just has not made its way into certain groups or the larger media.  While staking can provide a very nice APR you are also locking up your coins and giving up control of them.  You are open to a rugpull or any time of scam or watching the price of crypto tumble from regulation or any other macro issue and your coins are stuck locked up for X months and by the time you get them back you are down quite a bit more than you would have if you could have sold at key levels.

[dndfinance]

Since last year I was introduced to crypto staking , I became lazy and yet I know am not rich like that but I can afford almost basic thing I need at least

It all started when I acquired bnb at price of 15usd or below I bought it like 100bnb back then e no reach 600k, dollar rate was low

Later in 2020 I started hearing about staking I initially staked 50bnb in case I will still have enough left but the result was very interesting I started cashing out 50k it is small but my 100bnb is working for me

Most people think I am into fraud but I don't go in much details telling people how I made my money later in the year when kava coin fall below 2.2usd I invested 3m into the coin

I have bnb and kava staked every month am sure of at least 120k without doing any work just sleep , play video games , write computer codes , go out and drink and listen when everybody will be saying am doing yahoo

Doesn't mean that most people don't know about staking or that most youth just want to buy flashy cars and waste money on girls and in clubs

Because money used to buy lexus es350 can give u a comfortable profit for a year and still have ur money back if u are lucky pump can give u the money times 3 back

Because it is not lucrative.

[cryptoaddictchie]

Problem is you’re handing over custody of your crypto to third parties. You will likely be fine & nothing bad will happen but there’s a small chance they get hacked or go rogue. Your measly staking rewards don’t seem so good then.

Thats the thing. But projects he mentioned are quite good altcoin such as bnb and kava coin. Its both centralized platform and top coins on cmc so maybe OP thinking they are safe. Compared to those projects that literally not worth to trust with. Im also staking on binance for some of their coin and so far so good. Anyway the point of OP is quite simple, staking is one way to earn moneyw without much effort compared to some.

[Bttzed03]

~ I have bnb and kava staked every month am sure of at least 120k without doing any work just sleep , play video games , write computer codes , go out and drink and listen when everybody will be saying am doing yahoo

Please add meet weekly posts and submit bounty reports.

I don't know if anyone else had noticed that you're a bounty hunter but most, if not all, would stop joining bounty campaigns in the forum if we're already earning six figures on passive income alone. Honestly, this sounds like a story made out of your imagination.

When it comes to staking, I also have some from different platforms but it's not generating six figures a month (like yours ).

[RussianEnglishTranslation]

Since last year I was introduced to crypto staking , I became lazy and yet I know am not rich like that but I can afford almost basic thing I need at least

It all started when I acquired bnb at price of 15usd or below I bought it like 100bnb back then e no reach 600k, dollar rate was low

Later in 2020 I started hearing about staking I initially staked 50bnb in case I will still have enough left but the result was very interesting I started cashing out 50k it is small but my 100bnb is working for me

Most people think I am into fraud but I don't go in much details telling people how I made my money later in the year when kava coin fall below 2.2usd I invested 3m into the coin

I have bnb and kava staked every month am sure of at least 120k without doing any work just sleep , play video games , write computer codes , go out and drink and listen when everybody will be saying am doing yahoo

Doesn't mean that most people don't know about staking or that most youth just want to buy flashy cars and waste money on girls and in clubs

Because money used to buy lexus es350 can give u a comfortable profit for a year and still have ur money back if u are lucky pump can give u the money times 3 back

Not all cryptos give you the same staking return, Celo gives 5% and NEAR gives 11%. You need to balance what the staking rewards are with how much you think the crypto will increase in price in the future to determine the best option.

[Reid]

It's because of the risk that you should take and it's not a low one but high risk.
Giving away your coins in exchange for something in return in a slow method doesn't look inviting to anyone.
Most investors would just like to have custody of their coins and keep it away from anyone or anything.

You are in both luck and courageous for what you did but it doesn't mean everyone can take that risk.
Then, you enjoyed your profits which sounds like you are a cool guy but at the end of the day, your coins are still not your property anymore.
Out of curiosity, where did you copy this story?

[noorammak]

Crypto staking has existed in the crypto space for quite some time and gradually people are not interested in them much anymore. There are only announcements on centralized exchanges like Binance, Huobi, gatecoin holding staking for some cryptos.
People like new NFT, DEFI and blockchain projects with greater applicability. Staking is quite simple and they are not of interest to many people.
The case of big profits like yours is quite rare.

[TheMimic1]

The problem about crypto staking is large amount of money requirements to make good income annually, to make 100$ per month from staking requires thousands of dollars this is why I went with crypto mining instead, with just few thousands like 3000$ you can make over 300$ every month, to me mining wins in this area

[Melignya]

In addition, I can say that recently I read an article in which it was written that because of the problems with energy consumption that arise when mining cryptocurrencies, shaking is often seen as an alternative, I leave the link to the article, I think many will be interested to read https://blockster.com/blockdesk/1410_can-staking-lose-your-crypto

[guydin]

Sometimes people are too lazy to learn something new even if it can yield profit for them. I know a lot of people that earn a lot and then they waste all their money and as a result they want to borrow. I just ask them why they don't want to invest. Just holding or staking can give you interests much higher than in banks. Personally I do staking and yield farming, and it gives me a really good income.

[so98nn]

The problem about crypto staking is large amount of money requirements to make good income annually, to make 100$ per month from staking requires thousands of dollars this is why I went with crypto mining instead, with just few thousands like 3000$ you can make over 300$ every month, to me mining wins in this area

This makes sense if we have to invest more and gain less then whats the point here? I would rather go and try to day trade that much money in a day or two which you might get in a month. The risks are everywhere and I think OP's luck was too great since he invested into crypto like BNB at correct point. I mean the price was around 15 bucks and that's too low as compared to what we have today. It was more of a luck factor rather than staking magic. If you still go to binance wallet and check the staking interest rates then they are too low and we have to risk more money. Instead of that I could just make fixed deposit of my FD's in the banks. Lolz. Offer me something better in staking so that I can enrol myself into that.

[Ararbermas]

Actually there's no problem with staking aside of hacking issues.. Wherein its very profitable as well but the fact that most people can't afford to be paft of, it is the main reason why its a very rare topic nowadays, but of course at the first day it becomes popular as well, but you know time is passing by and mostly people seeking for new opportunities especially those who cant afford to join crypto staking. So it's not surprising actually..

[Strongkored]

Doesn't mean that most people don't know about staking or that most youth just want to buy flashy cars and waste money on girls and in clubs

Because money used to buy lexus es350 can give u a comfortable profit for a year and still have ur money back if u are lucky pump can give u the money times 3 back

Because investing in crypto is not something that is familiar or will provide immediate pleasure, such as going to clubs and others so not always people will be interested in staking, fortunately you choose the right coin so that it gives a nice return, many coins have a staking feature but don't give a return that can be proud of to be discussed with others because the price continues to fall even becomes worthless, you know lot of people who will show off about their success in crypto, but forget to also tell how much they lost due to the wrong choice the coin.

[DapanasFruit]

People already heard about staking and this is already a popular way of getting passive income out of your crypto funds. And I guess there are really many who are making good money in here. However, there are also risks...most importantly the platform that you are doing the staking because if that platform can be gone or will be hacked then it can be end game for the assets deposited. So we can categorized staking as high rewards high risks kind of investing...always remember to do it with a credible and reliable DeFi platform and mostly likely one can experience profits rather than cry a river later.

[coin-investor]

There are already a lot of topics and threads about staking here and every investor knows what staking is, it's not a new subject many investors already know about this in fact Ethereum is now going from mining to staking, in fact so many investors are already in staking I just don't know the figure but staking and yield farming are the two top ways to grow your coin, it's better than putting your money in the bank.

[RussianEnglishTranslation]

Since last year I was introduced to crypto staking , I became lazy and yet I know am not rich like that but I can afford almost basic thing I need at least

It all started when I acquired bnb at price of 15usd or below I bought it like 100bnb back then e no reach 600k, dollar rate was low

Later in 2020 I started hearing about staking I initially staked 50bnb in case I will still have enough left but the result was very interesting I started cashing out 50k it is small but my 100bnb is working for me

Most people think I am into fraud but I don't go in much details telling people how I made my money later in the year when kava coin fall below 2.2usd I invested 3m into the coin

I have bnb and kava staked every month am sure of at least 120k without doing any work just sleep , play video games , write computer codes , go out and drink and listen when everybody will be saying am doing yahoo

Doesn't mean that most people don't know about staking or that most youth just want to buy flashy cars and waste money on girls and in clubs

Because money used to buy lexus es350 can give u a comfortable profit for a year and still have ur money back if u are lucky pump can give u the money times 3 back

Staking is one of the easiest ways to make money. You just deposit your funds in your wallet like a bank and earn interest. I'm staking Celo and NEAR but I'm always looking for other cryptos to stake.

[lizarder]

Since last year I was introduced to crypto staking , I became lazy and yet I know am not rich like that but I can afford almost basic thing I need at least

It all started when I acquired bnb at price of 15usd or below I bought it like 100bnb back then e no reach 600k, dollar rate was low

Later in 2020 I started hearing about staking I initially staked 50bnb in case I will still have enough left but the result was very interesting I started cashing out 50k it is small but my 100bnb is working for me

Most people think I am into fraud but I don't go in much details telling people how I made my money later in the year when kava coin fall below 2.2usd I invested 3m into the coin

I have bnb and kava staked every month am sure of at least 120k without doing any work just sleep , play video games , write computer codes , go out and drink and listen when everybody will be saying am doing yahoo

Doesn't mean that most people don't know about staking or that most youth just want to buy flashy cars and waste money on girls and in clubs

Because money used to buy lexus es350 can give u a comfortable profit for a year and still have ur money back if u are lucky pump can give u the money times 3 back

Back to the basic concept, never waste money in the wrong place, this will not produce anything for us, we need careful planning in making long-term investments for survival, this will not happen without careful and well-planned preparation .

I'm not interested in discussing the fraud that people accuse, it's not my area to comment, but I like the pattern you did in preparing the investment, you were successful in buying BNB and were able to put it to good use, what a good experience for you.