What is best PoS coin to invest into right now?

[swetka]

Completely agree with you, mate. While this is true, there are a select few PoS cryptocurrencies which are quite worth the investment. I tend to look for PoS cryptocurrencies with highly active development and a supportive community. Also, the supply of a specific cryptocurrency is something important to have in mind as it could either affect or benefit your investment over the long term.

There's been several PoS cryptocurrencies with high inflation, causing their price to become lower each day. I used to stake Mintcoin in my early days, but now it seems to be abandoned in development and its price is super inexpensive. Situations like these, make people desperate as they're left holding the bag of useless coins (bagholder). Which is why, I strongly believe that we should do our own research in order to seek PoS coins that are well worth the investment.

Nonetheless, PoS coins like Peercoin, Blackcoin, StakeNet, and Ethereum (once it switches to PoS, of course) are tried-and-tested within the Blockchain industry with several developers and the community working on them every step of the way. Best of all, they're not hyperinflated unlike many PoS coins in the market right now. Just my thoughts

Made me look on the Blackcoin as i had completely forgotten it. I thought it would be flat lined by now but it actually looks pretty good. Volume could be higher considering that's it's higher on the marketcap i thought it would be.

One way or another, our choice of coins is associated with a big risk, because the cryptocurrency market is no longer in the same condition as it was in 2016 and 2017, when investors felt much calmer and freer.

[1714178328]

1714178328

[Adriano2010]

Maybe not have so much value now, but maybe XLR is a good coin to invest i think but the rewards are not so good because price is low, but if in future price grow then is more easy to get some profit. But PoS coins not have so much value as PoW coins.

[Abiky]

Made me look on the Blackcoin as i had completely forgotten it. I thought it would be flat lined by now but it actually looks pretty good. Volume could be higher considering that's it's higher on the marketcap i thought it would be.

Blackcoin is a good PoS coin, and one of the oldest ones around in the market. It may not be as valuable as other coins, but it has a nice community and development team. Given how low its stake rate is, the inflation is low which prevents the cryptocurrency from becoming extremely worthless over time. Other PoS coins with big stake rates (like LiteDoge and 1337) are not worth your investment because of their high inflation rate.

Despite this, if you're looking for PoS coins to buy right now, I'd recommend that you consider Peercoin, Blackcoin, Emercoin, and Decred. These cryptocurrencies have active communities and development team, as well as, innovation. The oldest are Peercoin and Blackcoin yet they've been actively trading on the market since launch. Considering that we're still in a bear market these days, PoS coins are quite a bargain on the market.

Nonetheless, the list of PoS coins on the market appears to be growing each day. Which means, that they're the way of the future relative to traditional PoW cryptocurrencies like Bitcoin and Ethereum. Just my opinion

[examplens]

Made me look on the Blackcoin as i had completely forgotten it. I thought it would be flat lined by now but it actually looks pretty good. Volume could be higher considering that's it's higher on the marketcap i thought it would be.

Blackcoin is a good PoS coin, and one of the oldest ones around in the market. It may not be as valuable as other coins, but it has a nice community and development team. Given how low its stake rate is, the inflation is low which prevents the cryptocurrency from becoming extremely worthless over time. Other PoS coins with big stake rates (like LiteDoge and 1337) are not worth your investment because of their high inflation rate.

Despite this, if you're looking for PoS coins to buy right now, I'd recommend that you consider Peercoin, Blackcoin, Emercoin, and Decred. These cryptocurrencies have active communities and development team, as well as, innovation. The oldest are Peercoin and Blackcoin yet they've been actively trading on the market since launch. Considering that we're still in a bear market these days, PoS coins are quite a bargain on the market.

Nonetheless, the list of PoS coins on the market appears to be growing each day. Which means, that they're the way of the future relative to traditional PoW cryptocurrencies like Bitcoin and Ethereum. Just my opinion

1337 or now rebranded have pitiful stake rate with a high inflation rate. I sold all my 1337 because is a pure loss to hold this coin. Maybe now is a better situation, maybe it will be better in the future, possible bull run. I certainly gave up on him.

[plasmodesmata]

lol, Its so funny that you guys are STILL discussing this topic. Bitbean already destroyed all of the POS coins you guys are talking about in AlphaCrypto's experiment. I have been 'sprouting' for quite a while and I must say its the best satoshi generator out there.

PROOF:

https://www.youtube.com/watch?v=olEo8pSSPiE

[Abiky]

1337 or now rebranded have pitiful stake rate with a high inflation rate. I sold all my 1337 because is a pure loss to hold this coin. Maybe now is a better situation, maybe it will be better in the future, possible bull run. I certainly gave up on him.

Sadly, PoS coins with an attractive stake rate per year, have a high inflation rate which makes them worthless over time. I used to buy lots of Tekcoin and was receiving a good amount of coins. But after realizing that they were becoming less valuable over time, I've decided to sell them off. Now, it's only useful as an experiment than a real cryptocurrency for daily payments.

Which is why, the best PoS coins would be those that offer low stake rates per year. Still though, the coin would need active development and innovation, or it will be more than the usual. I prefer to stake both Peercoin and Blackcoin as they're one of the oldest cryptocurrencies in existence. Their development teams and community are active, which is a plus. With Peercoin you'd get a stake rate of 1% per year, while with Blackcoin it varies between 1% to 8% per year.

If you're looking more into profiting from PoS coins, then I'd highly recommend DPoS ones like STEEM (using bots), Lisk, and Ark (by voting for delegate pools). But the most profitable one seems to be Bean Cash, as I've achieved good results with it.

Nonetheless, I hope that more quality PoS coins would emerge on the market to help expand our options of coins to invest into.

lol, Its so funny that you guys are STILL discussing this topic. Bitbean already destroyed all of the POS coins you guys are talking about in AlphaCrypto's experiment. I have been 'sprouting' for quite a while and I must say its the best satoshi generator out there.

PROOF:

https://www.youtube.com/watch?v=olEo8pSSPiE

Bean Cash (formely BitBean) is by far one of the best PoS coins out there on the market. There's no doubt about it. Not to mention, it was the first cryptocurrency which made use of a 20MB block size. Being a pioneer in this regard, should be more than enough to invest in it. The development team is active too, with a friendly community. It’s still undervalued relative to other well-known PoS coins on the market.

Hopefully, more people would notice this cryptocurrency in order to drive prices to the moon according to demand.

[pazor_true]

TekCoin !

https://chainz.cryptoid.info/tek/#

[HichemFetoui]

personally i'm waiting for ethereum proof of stake version but for now you can invest in cosmos, tezos or neo they are good implementation of the proof of stake consensus mechanism good luck

[Abiky]

personally i'm waiting for ethereum proof of stake version but for now you can invest in cosmos, tezos or neo they are good implementation of the proof of stake consensus mechanism good luck

Same. Ethereum will become the best PoS coin in existence once it does the switch towards the new consensus algorithm. I've been investing on it since 2016, accumulating as much as I can for the future. I believe that once ETH becomes a PoS coin, my earnings will be greater than any other PoS coin to date. Still though, it may take a while before Ethereum upgrades to PoS.

Which leaves us with Bean Cash, Bitcoin Confidential, Blackcoin, and Peercoin as the best PoS coins to invest right now. I've looked into Cosmos and Tezos, but I'm not sure about their longevity since they're relatively new to the market. Still, Cosmos and Tezos seem to be solid contenders of Ethereum given that they've achieved PoS at an earlier rate. I'm impressed to see Cosmos reach the 17th spot in market cap, given its short amount of time on the market. This could be a sign that the cryptocurrency will rise to unprecedented levels in the future. Hopefully, this and other PoS-based cryptocurrencies would retain their value over time. Otherwise, they'll make us lose our hard-earned money within an instant.

Nonetheless, I hope to see many more PoS coins emerge as it would provide us with greater options to choose from. Just my opinion

[The Sceptical Chymist]

1337 or now rebranded have pitiful stake rate with a high inflation rate.

Jesus, I haven't heard 1337 mentioned...well, ever.  I only ever saw it on Yobit as a giveaway coin that basically had no value if I remember correctly.  I wouldn't bet money on it making a comeback, as it never had any success to begin with.

This thread is obviously old, but I've gotten very interested in PoS coins and staking.  Everyone has their own favorite coins, but I'm sticking with PIVX and doing a little experiment with RDD, which is a coin that I've slammed hard in the past.  I'm just curious as to how much I can actually earn with it, so I bought some and am staking it.  My "interest-earning" coin is NEO, and the Neon wallet is one of the best I've seen yet.

I'm kind of surprised that PoS coins don't get more attention than they do.  I really don't understand the technical aspects of them and am probably very ignorant as to the drawbacks.  But I've earned more PIVX in a month than I expected to, and of course NEO pays out constantly.  It's all pretty fascinating stuff to me.

[pazor_true]

try DeepOnion (ONION)

[Abiky]

Jesus, I haven't heard 1337 mentioned...well, ever.  I only ever saw it on Yobit as a giveaway coin that basically had no value if I remember correctly.  I wouldn't bet money on it making a comeback, as it never had any success to begin with.

This thread is obviously old, but I've gotten very interested in PoS coins and staking.  Everyone has their own favorite coins, but I'm sticking with PIVX and doing a little experiment with RDD, which is a coin that I've slammed hard in the past.  I'm just curious as to how much I can actually earn with it, so I bought some and am staking it.  My "interest-earning" coin is NEO, and the Neon wallet is one of the best I've seen yet.

I'm kind of surprised that PoS coins don't get more attention than they do.  I really don't understand the technical aspects of them and am probably very ignorant as to the drawbacks.  But I've earned more PIVX in a month than I expected to, and of course NEO pays out constantly.  It's all pretty fascinating stuff to me.

I used to stake 1337 a long time ago, but after noticing that it had a hyper-inflationary supply, I've decided to sell it. The rewards were huge though, but in terms of USD, it was nothing. You're better off staking other PoS coins which have a lower inflation rate than 1337, while being actively developed and supported by its community. PIVX and RDD are good choices since they're still popular within the crypto space. My top pick would be NEO as there's no need to open the wallet every time just to earn some stakes from your holdings.

What I do is just invest a certain amount of money into NEO, and forget about it for a certain period of time. After that, I go to the Neon Wallet and hit the "Claim GAS" button in order to claim my reward. The process is seamless and intuitive. Considering how cheap NEO has become lately (after being worth ~$150 by 2017), i'd say that it's a great buy nowadays. There's been talks about a new version of NEO called "NEO 3.0" which aims to make the platform much more faster and efficient than ever for smart contracts.

It's a cryptocurrency quite under the radar these days, but totally worth it, in my opinion. Personally, I prefer PoS coins on top of PoW ones, due to their energy efficiency and higher accessibility. However, they don't seem to gather the most attention on the market, probably because miners are largely dominant within the crypto space.

Nonetheless, I hope to see many more PoS coins emerge within the crypto space over time. There was a PoS cryptocurrency named "PoSToken" within the Ethereum blockchain which used to be popular some time ago. It now seems to be abandoned by the devs, but it's still actively traded on the crypto market. Perhaps, it may be a good buy after all.

[The Sceptical Chymist]

What I do is just invest a certain amount of money into NEO, and forget about it for a certain period of time. After that, I go to the Neon Wallet and hit the "Claim GAS" button in order to claim my reward. The process is seamless and intuitive.

Yeah, I do the exact same thing and I also love the fact that you don't have to keep the wallet running 24/7 in order to earn GAS.  As much as I love PIVX (and so far like RDD) I don't like having to run my PC all the time in order to stake.  And the Neon wallet is very well designed, too.  Much better than many others I've seen.

It's a cryptocurrency quite under the radar these days, but totally worth it, in my opinion.

That kind of surprises me, since it's a coin that seems to have a lot going for it.  When I search for NEO in the altcoin section, most of the threads are from 2017-18, and as I've just recently gotten into it I'm not sure why interest dropped off like it did.  As far as altcoins go, it's one of the ones I definitely think is undervalued--even though there's no way to determine what the value of any coin should be.

However, they don't seem to gather the most attention on the market, probably because miners are largely dominant within the crypto space.

That's weird, isn't it?  PoS coins don't require mining equipment and maintenance and tons of electricity.  I definitely see the need to mine PoW coins and if I had the cash I probably would give it a shot, but I know there are tons of people out there who can't mine and would probably benefit by staking PoS coins.

[vella85]

I sold off some of my NEO holdings as the coin doesn't seem to do much as the other top coins. I've also noticed that a lot of PoS coins are taking a hit recently and its hard to find one that is stable and doesn't get dumped when BTC starts to rise. I know the top PoS coins like PIVX and a few other well know ones hold up well but its finding that gem which is hard. I do like NEBL as it has been stable for a long time now but just not sure if it will ever reach its ATH or even $15 which is where it was at in March/April last year.

[Abiky]

Yeah, I do the exact same thing and I also love the fact that you don't have to keep the wallet running 24/7 in order to earn GAS.  As much as I love PIVX (and so far like RDD) I don't like having to run my PC all the time in order to stake.  And the Neon wallet is very well designed, too.  Much better than many others I've seen.

Completely agree with you, mate. The Neon Wallet is one of the best crypto wallets out there. What seems to be most attractive of it, is the user interface, in my opinion. The ability to stake coins without opening your wallet every time, seems to be convenient at most.

Speaking of this, I've found out another cryptocurrency which lets you stake without running your wallet 24/7. It's named "Stakenet" with a consensus algorithm called TPoS allowing you to earn from stakes by "lending" your coins to another node on the network. This approach is safe, since your private keys are never exposed. You would be earning coins over time, without having to maintain or administer your wallet (like it's the case with NEO). Also, the cryptocurrency's team have been running a cloud staking service which currently supports Stakenet (XSN), as well as, PIVX and Stratis. Check it out here: https://cloud.stakenet.io

That kind of surprises me, since it's a coin that seems to have a lot going for it.  When I search for NEO in the altcoin section, most of the threads are from 2017-18, and as I've just recently gotten into it I'm not sure why interest dropped off like it did.  As far as altcoins go, it's one of the ones I definitely think is undervalued--even though there's no way to determine what the value of any coin should be.

That's a little odd since NEO has been making strides over the past few years. I wonder why interest has dropped so suddenly. Perhaps, the reason for this is because people has focused on newer cryptocurrencies like Cardano and EOS than NEO itself. Not to mention, new features and development for NEO has been quiet for some time now. Of course, the 3.0 version of the platform has been announced, but no further progress is mentioned. All in all, it could be a hidden gem that's about to blossom someday in the future.

That's weird, isn't it?  PoS coins don't require mining equipment and maintenance and tons of electricity.  I definitely see the need to mine PoW coins and if I had the cash I probably would give it a shot, but I know there are tons of people out there who can't mine and would probably benefit by staking PoS coins.

I know right? Personally, I see PoS coins as a more accessible way to get into crypto. Anyone can easily join a PoS cryptocurrency without the need to buy expensive equipment or keep track of electricity costs. You'd just "hodl" the coin with the wallet open, to sit back and relax as your profit grows over time. Still though, in terms of security, PoW seems to be the winner. Despite this, the hybrid approach of PoW + PoS within some cryptocurrencies (like Peercoin and Emercoin) seems to increase security by a long shot.

Things aside, I'm keeping an eye on a CPU-friendly cryptocurrency named "Magi" which has a hybrid approach of PoW + PoS. There's a single developer working on it, though the community is highly supportive. This cryptocurrency is among the easiest coins to mine with a CPU than others I've experienced. And being a PoS coin too, is a plus since you'll be earning double rewards (if you mine and stake it).

[Milamol]

............................................
Speaking of this, I've found out another cryptocurrency which lets you stake without running your wallet 24/7. It's named "Stakenet" with a consensus algorithm called TPoS allowing you to earn from stakes by "lending" your coins to another node on the network. This approach is safe, since your private keys are never exposed. You would be earning coins over time, without having to maintain or administer your wallet (like it's the case with NEO). Also, the cryptocurrency's team have been running a cloud staking service which currently supports Stakenet (XSN), as well as, PIVX and Stratis. Check it out here: https://cloud.stakenet.io
...........................................

There is another option for the LPOS algorithm. This is an EDC coinmarketcap.com/currencies/edc-blockchain/. The problem of distrust of POS coins remains, and in the case of LPOS this problem is even more acute. Nevertheless, the opportunity to make a profit without opening the wallet is provided.

[Abiky]

There is another option for the LPOS algorithm. This is an EDC coinmarketcap.com/currencies/edc-blockchain/. The problem of distrust of POS coins remains, and in the case of LPOS this problem is even more acute. Nevertheless, the opportunity to make a profit without opening the wallet is provided.

Thanks for sharing this, mate. I've thought that the only LPoS-based cryptocurrency was Waves, but now I know that a new one has adopted the consensus algorithm. Personally, I believe that LPoS is similar to DPoS as you "delegate" your coins to other entities on the blockchain. This works exactly in the same way as the Steem blockchain, where you "delegate" or "lend" your coins to a bot, in order to obtain bigger rewards over the long term.

As for DPoS-based coins, there's a new one named "IoTeX" which has improved the model of DPoS by releasing a new algorithm named "RDPoS". This consensus algorithm is far more decentralized than DPoS as it randomly selects delegates from a pool or group of delegates within a certain period of time. The IoTeX cryptocurrency is largely undervalued these days, compared to other prominent DPoS cryptocurrencies out there on the market.

Still though, if you're looking for good and reliable PoS cryptocurrencies that are among the best ones to invest right now, then look no further as Bean Cash, Blackcoin, and Peercoin are within this list. Every day, new PoS coins are released within different rewards and stake rates. You just need to periodically do your own research, in order to determine which one's best for your investment. Just my thoughts

[rowenta01]

Sinovate is a great project for POS / masternode. They created a new masternode system with proof of burn. A good development team. To follow closely in my opinion ..

If you want to know read this:

https://block-chain-invest.com/exclusive-interview-sinovate/

[Abiky]

Sinovate is a great project for POS / masternode. They created a new masternode system with proof of burn. A good development team. To follow closely in my opinion ..

If you want to know read this:

https://block-chain-invest.com/exclusive-interview-sinovate/

Interesting. Cryptocurrencies with both PoS and masternodes, seem to be the most popular ones nowadays. They provide hodlers with bigger rewards than most cryptocurrencies on the market. Sinovate has a great team working on it, with innovative features. But, it's been a cryptocurrency under the radar among many investors within the mainstream world.

I've once saw a video review of "Alpha Crypto" on YouTube which showed his results staking Sinovate, and it became one of the most profitable PoS coins to invest at the time. Other PoS coins that delivered good results were Bean Cash and NEO. Knowing that prices have declined considerably over the past years, it's a good reason enough to invest into these cryptocurrencies.

Still though, active development and mainstream adoption is what it's all about. Which means that, inactive PoS coins will become worthless in the future. Hence, it's good for you to perform a daily research of the most prominent PoS cryptocurrencies in the market, to stay safe and avoid losses as much as possible.

[vella85]

Its a shame that HTS is losing value each week as I had high hopes for this staking coin. It just goes to show that some staking coins are hit and miss when it comes to new projects. I always turn to the old staking coins like Bean Cash and MOIN which have been doing very well for many years now. I do like the look of Sinovate which Abiky mentioned, I have been following this project for a while now and am thinking about owning a position in this project once I get some spare BTC.