Don't doubt the power of Staking coins

[iTradeChips]

I also have been staking coins for a long time now and have somehow collected a significant amount of these coins. Even though the coins don't have that much monetary value on it in terms of dollars, we do know the value it gives in the project that owns the coins. If the owner or company behind the staking coins is active and has good vision of what they want to achieve then we can come a long way to succeed behind these coins.

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[Flux0z]

I hold a wide variety of coins, however the best coin for staking, with the most use cases I know off, AND at the same time has HUGE upside potential is: Stakenet (XSN)

-> Stakenet invented Cold staking (Trustless Proof Of Stake)
-> Third project to implement lightning, next to BTC and LTC
-> Their Multi Currency Wallet with 1-click lightning transactions and TOR integration for privacy is in public beta
-> They've got a pooled staking feature for small amounts of XSN
-> Masternode as a service feature, making it extremely easy for anyone to trustlessly host their masternode
-> Masternode monitoring tool, which let you know by email if your node goes down, also let's you know how many rewards you've accumulated and more!

later this year they will launch the first TRUE Lightning DEX, which will run on masternodes. All the masternodes will host the chains, which means nobody needs to sync with the network, submit KYC, or register anywhere.



If you're looking for a low cap gem, this is a good bet. IMHO

[Flezy]

That's true, staking coins is lucrative as it offers good rewards. I think one of the reason most people run from staking is the potentiality of the project, although there are some projects which does it better there are still some that won't with some projects even being abandoned by the team. I think in all due diligence is the key.

[Crazypeach14]

Would love to stake my pos coins hadn't been a bloody hell to do taxes on that shit.

[pereira4]

The Nothing-at-stake problem was never fixed. There's no real reason to trust PoS above PoW. Haven't seen a convincing paper that changes this notion even near 2020 and PoS coins have been out for ages.

Having said that I still consider a project like Stakenet to be worth of interest, however Bitcoin is getting increasingly ready to pretty much kill all altcoins under the top 10. It's time to go back to 80% market dominance.

[coloseum]

Recent hours, GINcoin announced to shut down their service for masternodes on their platform just within the next several days. The shutdown day is on the first of August, that has not been too far from now. The collapse of GINcoin platform, gives all of us a very strong warning message on the risks of PoS and Masternode coins, as well as the third-party masternode hosting services. It is the same truth as we should never use online wallets from third parties. Lastly, Staking causes hyperinflation for PoS / Mn coins, that is a very harmful factor on the price of those projects.

[rdewilde]

Staking is good when done with a good platform however the reason why most individuals shy away from staking is that most times it's been used as a way of luring individuals then abandoning the project altogether. I believe there are good ones out there but we should ensure to make our research first.

[Kwansimaa]

I'm really enjoying from the telecom project as well, I initially doubted it until I was able to withdraw my earnings in bitcoin, you heard me, bitcoin. Indeed staking coins are the best and I will never doubt its power. I will also add up with BOLD tokens whereby you don't have to stake but hold your tokens in your MEW wallet and enjoy monthly dividends in ethereum.

[chanler]

Exactly true. Staking coins will be very promising, especially for the certain coins that have good concepts, including the rel ideas that can be implemented in real life. But, we should be more careful when going to do staking coins. What we must pay attention is in selecting the right coins for staking. Do all coins work well for staking? I think no, only certain cons that are worthy for staking and we must analyze which is better.

[maydna]

I don't have any doubt with the staking coins, especially if I can stake the dash coins. I see that we have a big opportunity to get a big profit from staking coins in our computer and with so many options of the coins, I think we can choose one or more coins to stake. But I realize that staking coins will be a risk if we cannot find the profitable coins. I still on the way to staking Dash coin and I know that it needs a lot of money to buy Dash so I can start to stake the coin.

[zero714309]

At first time im not really interested with staking maybe because i dont really know how staking is work but about a weeks ago im joined project its called $martFund and now im fully know how staking work. Really make me impressive. Want to staking another altcoin also. It will great experience and profitable.

[LuckyBtc]

I don't have any doubt with the staking coins, especially if I can stake the dash coins. I see that we have a big opportunity to get a big profit from staking coins in our computer and with so many options of the coins, I think we can choose one or more coins to stake. But I realize that staking coins will be a risk if we cannot find the profitable coins. I still on the way to staking Dash coin and I know that it needs a lot of money to buy Dash so I can start to stake the coin.

Forget DASH, It's staking requirement is ridiculous. There are better stacking coins.. One for example is Komodo, You can claim 5.1% interest yearly, All you have to do is have 10+ KMD and claim every month or weekly - your choice!

[coinsycrip09]

over the past few months, i have not trusted the new token.
i only believe in old Altcoin and i think that is ethereum. so i don't have the token that you mentioned, but it looks like the token is very interesting.

[sjbi]

I am no more experienced with staking and mining. Literally I have not mined any coins so far. But in case of staking, I have found a good coin called Miracle Tele and have got some 1500 Tele from bounty campaign. Its staking rewards lured me so much and I believe this tele tokens will give you more rewards through staking.

[digitalblock]

Im agree with you, staking tokens is good way to take some money, and it dont need a lot of time from you.

[Absolutep]

Staking is for the wise in crypto sphere, believe me, it appears to be far better than bounty campaign these days if you can invest reasonable amount of money.

[Successmaniac4]

Staking coins is a new way of sensitizing investors to hold tokens of a project. The holders can enjoy some profits at the end of a specific period without doing anything more. Its really a good way of investment.

[Woodie]

Staking makes a whole of sense if coins value is stable and has a community using them, unlike what we see with so many coins building projects on this concept only to end up as a dead project even before your profits come it.
Not a fan of such at the moment.

[eaLiTy]

Staking coins is way better than mining ,hassle free and no generating of heats

If you think that the coins you are staking are magical coins, its good for you. I am not sure how long these coins will last and how long you will have your profits, i view all these staking coins as one big ponzi and i am sure you will loose those valuation in the long run, lets see how long your magic coins will give you the profits. I used to stake coins in the past and i know the valuation of those coins just dropped to almost a few satoshi because of obvious reasons and i expect that will be the case for every other project.

[carrigan]

I really agree with this. Staking is one of the ways for us to add the amount and collect them, and at a certain tie, we can sell the coins in the good price or rate. This strategy may be implemented very well in several coins, but of course, it may not fit all coins. In this case, before staking, be careful enough in order to pick the right coins for staking, that have great value and volume in the future.