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What is less risky to invest? PoS or MN/PoS?
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Topic: What is less risky to invest? PoS or MN/PoS? (Read 126 times)
showrav11
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What is less risky to invest? PoS or MN/PoS?
July 01, 2020, 05:31:50 PM
#1
As i have done various things about alt coin and counting. I would like to invest now ,would like to buy. What you guys think what is the less risky? what should i buy? And what things i should notice before investing? Navigate me as im a new bie. Thanks in advance .
RabbiTANK
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Sovryn - Brings DeFi to Bitcoin
Re: What is less risky to invest? PoS or MN/PoS?
July 01, 2020, 05:37:42 PM
#2
Investing on coins is not about what Algorithm they are running on, either POW or POS it doesn't mean anything, focus more on what the project is trying to solve in crypto space, will the use case be very useful? Find this out by doing deep research, a better use case means better demand
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showrav11
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Re: What is less risky to invest? PoS or MN/PoS?
July 01, 2020, 05:40:36 PM
#3
There is many use case can be found which they have planned to do,but they did the scam.What is your tip about this then? .
RabbiTANK
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Re: What is less risky to invest? PoS or MN/PoS?
July 01, 2020, 05:50:18 PM
#4
Also sty away from projects that promise huge returns, 1% per day is scam, belief me, that's 30% profits every month, it's unrealistic earning, since you are newbie start with top 10 altcoins, Bitcoin is better though, more reliable but altcoins have better returns.
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showrav11
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Re: What is less risky to invest? PoS or MN/PoS?
July 01, 2020, 05:51:32 PM
#5
So you are reffering to less earning mean, less possibilities of scam?
Rowenta
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Re: What is less risky to invest? PoS or MN/PoS?
July 01, 2020, 05:59:44 PM
#6
Quote from: showrav11 on July 01, 2020, 05:51:32 PM
So you are reffering to less earning mean, less possibilities of scam?
Possibly, because genuine Proof of Stake projects only give back 8% to 15% return of investment annually, they aren't Ponzi and the returns make sense, less earning means less scam indeed, find popular coins and start staking
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