Atomic Wallet Staking Rewards For LUNC Is 38%

[Anderson0077]

https://postimg.cc/GBGXwZy6

Why not stake as long as it's at that rate and bail when it decreases?

[BitMaxz]

For now, I don't think this is the right time to buy LUNC with the current trend as you can see on the chart it is a downtrend so I don't think this is a good time to buy and stake in LUNC as you can its already lost 30% in 1 month meaning if you staking this for almost a year you already lost 30% of your staking reward so it's risky to start right now with the current price structure.

However, if it shows some signs of a bullish reversal that is a good time to start staking or buying this token while in a bullish trend.

[sunsilk]

Stake where you are comfortable, those that still hold this coin don't have an option to sell especially those that are in deep losses because of the debacle it has been involved.

IIRC, they've got some other new token generated out of this lunc(former luna). If you have no issues staking it to wallets like atomic then choose to stake it.

Most of the holders of it just don't have a choice anymore but to keep it than to sell it at 99% when they've bought mostly of it at the peak before the issue of it sparked up.

[Bitcoin_Arena]

Why not stake as long as it's at that rate and bail when it decreases?

Can we talk about its price trend too? 

Like the famous saying goes If you don’t know the source of yield, you’re the yield

Your so called 38% staking rewards will be useless if the LUNC price drops by 50%

[mk4]

I don't know man, maybe because the protocol is pretty much dead usage-wise and reputation-wise(ehem, Luna)? Even if this was 100% APY or heck even 200% APY, how is it attractive if it's likely for the token to drop in price anyway? I checked CoinGecko — I don't know why this crap is still worth $600m.

[LogitechMouse]

After what happened to the project, I don't know how the hell this project is still developing like nothing happened in the past.
Second chance? I guess so because there are still many people supporting the project. I mean like what the post above me said, the project still has a market cap of $600M even though it has a bad history that caused huge losses to a lot of investors.

Atomic on the other hand faced a hacking incident in the past so how can you trust them to hold your assets just for a mere 38% yield. Take note that it's on a coin that has a bad history. A wallet that has a history of hacking, and a project that's indirectly rug pulled their investors. How can you trust them? Just avoid it at all costs. Avoid buying the coin itself and avoid staking it on their wallet. There are far better ones out there.

[khiholangkang]

Stake where you are comfortable, those that still hold this coin don't have an option to sell especially those that are in deep losses because of the debacle it has been involved.

IIRC, they've got some other new token generated out of this lunc(former luna). If you have no issues staking it to wallets like atomic then choose to stake it.

Most of the holders of it just don't have a choice anymore but to keep it than to sell it at 99% when they've bought mostly of it at the peak before the issue of it sparked up.

I personally don't feel comfortable if I have to stake in a coin that has a red flag, this must also be thought of by other people in making investments, just like gambling, but indeed if you want to try and feel LUNC, you will experience a reversal because it is taken care of by different people, which is up to you whether you are ready for the risk.
Many people think too positively but forget about the risks they will receive if it is not what they expect.

Yes, if you still have the coin if there is a staking program, in my opinion, why not try it, but whether or not it really rewards us or is just further fraud, we have to think about it again to believe it.

[AVE5]

Stake where you are comfortable, those that still hold this coin don't have an option to sell especially those that are in deep losses because of the debacle it has been involved.

IIRC, they've got some other new token generated out of this lunc(former luna). If you have no issues staking it to wallets like atomic then choose to stake it.

Most of the holders of it just don't have a choice anymore but to keep it than to sell it at 99% when they've bought mostly of it at the peak before the issue of it sparked up.

I personally don't feel comfortable if I have to stake in a coin that has a red flag, this must also be thought of by other people in making investments, just like gambling, but indeed if you want to try and feel LUNC, you will experience a reversal because it is taken care of by different people, which is up to you whether you are ready for the risk.
Many people think too positively but forget about the risks they will receive if it is not what they expect.

Yes, if you still have the coin if there is a staking program, in my opinion, why not try it, but whether or not it really rewards us or is just further fraud, we have to think about it again to believe it.

@khiholangkang I conspiring with your bold and cleared emotional expressions.
For a coin to have got red tag, that's already a hmm that investors has to be twice of thoughts before Investing their funds in such a project. We should understand that red tags are significance of unprofessional service and disreputable remarks which uncertain strange of bitter funny is liable to occur.

While Investors are being so curious and desperate to catch up in making some funds, fast forwards ignorantly, settles their emotions on the interests of making incomes and ignores the fact that the same project can also have their funds lost due to the level of their ignorance and greeds.
The balls has been on each and everyone's court to decide the tendencies of our actions.

[sunsilk]

Stake where you are comfortable, those that still hold this coin don't have an option to sell especially those that are in deep losses because of the debacle it has been involved.

IIRC, they've got some other new token generated out of this lunc(former luna). If you have no issues staking it to wallets like atomic then choose to stake it.

Most of the holders of it just don't have a choice anymore but to keep it than to sell it at 99% when they've bought mostly of it at the peak before the issue of it sparked up.

I personally don't feel comfortable if I have to stake in a coin that has a red flag, this must also be thought of by other people in making investments, just like gambling, but indeed if you want to try and feel LUNC, you will experience a reversal because it is taken care of by different people, which is up to you whether you are ready for the risk.
Many people think too positively but forget about the risks they will receive if it is not what they expect.

Yes, if you still have the coin if there is a staking program, in my opinion, why not try it, but whether or not it really rewards us or is just further fraud, we have to think about it again to believe it.

Those that don't have anything to do with their LUNC as it's already a total loss and devastation for them, they can do whatever they want. Stake, hold or sell at total loss.

That's why for someone that doesn't have anything to lose anymore, a 38% APY is actually an interesting one but I doubt it that Atomic Wallet can sustain that.

When there will be more stakers that will come to their wallet, they're going to reduce that APY for sure.

[khiholangkang]

Stake where you are comfortable, those that still hold this coin don't have an option to sell especially those that are in deep losses because of the debacle it has been involved.

IIRC, they've got some other new token generated out of this lunc(former luna). If you have no issues staking it to wallets like atomic then choose to stake it.

Most of the holders of it just don't have a choice anymore but to keep it than to sell it at 99% when they've bought mostly of it at the peak before the issue of it sparked up.

I personally don't feel comfortable if I have to stake in a coin that has a red flag, this must also be thought of by other people in making investments, just like gambling, but indeed if you want to try and feel LUNC, you will experience a reversal because it is taken care of by different people, which is up to you whether you are ready for the risk.
Many people think too positively but forget about the risks they will receive if it is not what they expect.

Yes, if you still have the coin if there is a staking program, in my opinion, why not try it, but whether or not it really rewards us or is just further fraud, we have to think about it again to believe it.

@khiholangkang I conspiring with your bold and cleared emotional expressions.
For a coin to have got red tag, that's already a hmm that investors has to be twice of thoughts before Investing their funds in such a project. We should understand that red tags are significance of unprofessional service and disreputable remarks which uncertain strange of bitter funny is liable to occur.

While Investors are being so curious and desperate to catch up in making some funds, fast forwards ignorantly, settles their emotions on the interests of making incomes and ignores the fact that the same project can also have their funds lost due to the level of their ignorance and greeds.
The balls has been on each and everyone's court to decide the tendencies of our actions.

Thank you for the affirmation, and indeed we need to be firm and logical in terms of investment because this has to do with money that we need energy, thought and time to get money that has value, not to be wasted again for nothing.

Stake where you are comfortable, those that still hold this coin don't have an option to sell especially those that are in deep losses because of the debacle it has been involved.

IIRC, they've got some other new token generated out of this lunc(former luna). If you have no issues staking it to wallets like atomic then choose to stake it.

Most of the holders of it just don't have a choice anymore but to keep it than to sell it at 99% when they've bought mostly of it at the peak before the issue of it sparked up.

I personally don't feel comfortable if I have to stake in a coin that has a red flag, this must also be thought of by other people in making investments, just like gambling, but indeed if you want to try and feel LUNC, you will experience a reversal because it is taken care of by different people, which is up to you whether you are ready for the risk.
Many people think too positively but forget about the risks they will receive if it is not what they expect.

Yes, if you still have the coin if there is a staking program, in my opinion, why not try it, but whether or not it really rewards us or is just further fraud, we have to think about it again to believe it.

Those that don't have anything to do with their LUNC as it's already a total loss and devastation for them, they can do whatever they want. Stake, hold or sell at total loss.

That's why for someone that doesn't have anything to lose anymore, a 38% APY is actually an interesting one but I doubt it that Atomic Wallet can sustain that.

When there will be more stakers that will come to their wallet, they're going to reduce that APY for sure.

And we need to look back at who is behind the Atomic wallet and why they offer such a large APY for such a coin, of course this needs to provide a logical answer so that it can be accepted even though as you said they are far from LUNC, we don't know what is behind the developers, what agreement they agreed behind it, or just an initiative from Atomic wallet to increase its popularity, or there is something else that can be used by them.