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Author Topic: What is crypto staking? Is staking worth it?  (Read 373 times)
Psynthax
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December 25, 2022, 11:03:06 PM
 #61

Whether or not staking in altcoins is worth it depends on what coin we trust. I'm tired of staking game-based coins and the like. because the price of the coin continues to decrease. so that the profit from staking does not make us profitable at all. because the price has fallen. But I still believe in some altcoins and find it worth staking them like BNB. But I don't dare to stake a large amount. because we have to know that in altcoins we have the same big risks and potential. so we still need to be vigilant.
agreed with this some coins just isn't good enough for the long term staking because how their value instead of increasing, they keeps decreasing, that's the main reason choosing good coin that's also good for long term is essential, moreover the time constraint in regard of the staking sometimes turns our profits into some kind of massive loss because missing opportunity therefore staking might not be for everyone.

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