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.