What you will opinion?

[Ken_terrance]

People are still failing to see clearly what dangers await them when investing in coins and tokens, here are few facts, just because a coin has Staking feature doesn't mean they are good, it's same thing for POW coins that has no real use case..

[bangjoe]

Elrond is traded in binance, this is the best I think for this coin, but 10-phase staking with token locking system is very bad. because the familiar staking model for now is snapshot wallet, and then also the ERD price of only 23 satoshi still tends to fall sharply. from these two things I suggest not to follow it.

[old fart]

 What determines the price of a token, is the demand, when there is no demand, even when you lock 99% of the coin, the price will still dump.
Elrond should create realistic utilities for the token, that will only make price better.

[minersday]

Dude, Elrond is one hell of a good project to invest into okay. Their team is well experienced and the use case behind the Elrond project is a laudable one. Currently it is way cheaper than i thought, guess this is the time to fill my portfolio with some ERD again, hopefully alts season can kick in at any point in time. How much do i need to stake before i can get into this staking program?

[BlackFor3st]

Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.

Staking is good if you know where to invest as there are plenty of shit projects that offers this kind of service and they are like a crocodile that are patiently waiting for their prey to come.

I am not really familiar with Elrond and I don't intend to dig about it due to market condition, staking is best once the market is in bull and not in bear so the reward is kinda high.

[bitvalak]

The problem is that like other projects that have occurred before, the locked supply has been distributed to their respective team members in case the price drops.
This can make investor confidence decline and prices will stagnate, besides that the volume will definitely be very low. But if it is only for safekeeping, I believe that coin staking is indeed better in the long run.

[FairUser]

the price is determined by the demand, the locking period might affect the price in some way but it is not significant. even if the project locks 90% of the total circulating supply but nobody wants to buy it, the price will eventually drop. as for now, I do not see any demand for the altcoin.

Exactly like that, if the project does not have long-term investors, the price will certainly fall. Recently I have also seen many projects that have implemented token lock within a year and only unlocked 10% when listed but the price is still down many times compared to the ICO price, even that altcoin has no volume on exchanges. The interest of investors for altcoin has disappeared, right now all is focused on bitcoin and investing in it.

[Herry Toms]

I think this is not a good way to make money it doesn't even look legit, so I would say don't fall for this trap just do things which are best in your interest.

[pikkie]

The problem is that like other projects that have occurred before, the locked supply has been distributed to their respective team members in case the price drops.
This can make investor confidence decline and prices will stagnate, besides that the volume will definitely be very low. But if it is only for safekeeping, I believe that coin staking is indeed better in the long run.

it was the fault of the CEO of the project developer who misused the trust of investors, the team should also be able to commit that the key tokens will be given when the platform development is complete so that investors can enjoy the results as well because the projects they develop can be successful and have a price good at an exchange place.

[South Park]

Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.

This is something that I'm seeing more in the forum and I'm not sure that I like it, people are concentrating a lot in the supply side thinking that if a coin is made artificially scarce then that is going to drive its price up in the future but you also need for the demand to be there and if no one wants to buy that coin then it doesn't matter what they do to the supply the value of that coin is going to be zero, so forget about that coin and concentrate in some other activity that can give you profits in the future.

[xiboothrezi]

It is true that many new projects carry out programs such as locking tokens for a predetermined time, so that the value can increase but not immediately increase only by locking if not accompanied by the many requests and enthusiasts of these tokens for what has been said to run properly.

So true. If it is not offset by increased demand, prices will stagnate. There must be innovations and other marketing strategies that can drive increased demand. The method can be applied by increasing the percentage to get bonuses, transaction fee discounts, etc.

[Capt00]

Frankly speaking, I'm not interested in staking cause I know how the market behaves. It doesn't give us an assurance that the time we get our money/coins the price is high. The risk is too high compared to trading and I believe it was not profitable IMO unless if we just stake Bitcoin.

https://www.pickacrypto.com/coins/elrond-erd-review-analysis/
But that is your stance anyway, I'll just hope that this Elrond will have a better future.