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Author Topic: Should I stake my TRXs now?  (Read 265 times)
iv4n
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July 17, 2020, 06:15:40 PM
 #21

I gamble with my trons, I got dividends from my trons, I stake some of my trons in atomic wallet. I suggest tron to some people who have money to spare, it's a good coin to gamble with, their casinos offer a lot in my opinion, that staking in atomic wallet is nice, and overall I am satisfied with things I can do with tron. The price is low, but who knows maybe it will rise in the future, Justin is a shady character, but he is doing his job.
Who didn't try it can't say much, but I tried it and I think it's good, just keep in mind to have fun with money you can afford to lose!


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July 17, 2020, 06:37:38 PM
 #22

Should I stake my TRXs now?


PoS coins means that those that if everyone stake they all keep the same value. But in reality some stake and others not so those that stake steal from those that dont. Value gets distributed from non stakers to stakers.  Holding a PoS Coin and not stake is losing and giving more value to those that stake.  Holding a PoW coin is totally fine.
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July 17, 2020, 06:46:18 PM
 #23

My TRXs are just sitting in my wallet since late 2017. Until now, I never sold them because I still believe in their project and could turn the price around later on.

I was thinking of staking my TRXs in my Trust Wallet. I understand there are risks in staking, but since my TRXs are just sitting for a long while, do you think this is a good idea especially in this COVID-19 pandemic?

I would definitely looking forward to your suggestions about this to enlighten me, like you may have a better idea, etc. (except TRON daily rewards or smart contract ponzis out there). 

Thanks in advance!
You should have stake you trx coins and by now you would have make many quantities more, Tron is a reliable crypto project so you have nothing to worry about but if you are the type that takes decentralized seriously then you will be disappointed because Justin sun is forcing Tron network to be a centralized platform
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July 17, 2020, 06:46:45 PM
 #24

I think its not a bad idea staking trx , i am also staking some i bought since last. since the moon i am expecting hasn't come yet i still know that trx has the potential of increasing in value if not now in the nearest future i will advise yous take instead of just holding .

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July 17, 2020, 07:08:07 PM
 #25

I think TRX will rise again. Justin Sun is a very successful market maker and he knows how to promote his project. I believe in this project and I think that the price will return to its ATH

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July 17, 2020, 07:54:17 PM
 #26

I say yes! Better to stake them on all on something legit and have them accruing consistent and residual income/profits than to allow them sitting on your wallet without increasing in value or worth. There are some very good places you can stake your TRX and I have a lot of friends who have been doing this for some time now and the results have been pretty impressive. I advice you to get on one of the staking exchanges and sites and have your TRX staked.
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July 17, 2020, 07:56:43 PM
 #27

I say yes! Better to stake them on all on something legit and have them accruing consistent and residual income/profits than to allow them sitting on your wallet without increasing in value or worth. There are some very good places you can stake your TRX and I have a lot of friends who have been doing this for some time now and the results have been pretty impressive. I advice you to get on one of the staking exchanges and sites and have your TRX staked.

what those impressive results are? how many percents on a yearly basis?
i can not think that it is something impressive, could not say that it is better just to sit there and not earning value, but would not call impressive few percents on a yearly basis
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July 17, 2020, 08:25:00 PM
 #28

I would support it.
I personally stake TRX in my Ledger wallet, and with about 34k TRX, i get around 5 TRX per day. Not much, but better than nothing, right?
Not sure how it work on Trust wallet, but on ledger, you basically vote for a delegate (Binance) and it freezers your TRX. Every few days you can log in and claim your try which arrive in your wallet

I have a part of TRX on the account of Poloniex and Binance. In this case, the accrual is made even on the balance that is in the open orders. The difference is that on Poloniex the payment is made 2 times a month, and on Binance 1 time for the same period. I believe that this is very profitable if you hold TRX for a long period.

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July 18, 2020, 05:25:17 AM
 #29

Staking is a good way to multiply your token within few years, though I don't know how trust wallet Staking rewards looks like but am sure it will surely worth the wait, so I will advice you go ahead and stake your trx till you feel is the right time to sell off.

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July 18, 2020, 05:27:40 AM
 #30

My TRXs are just sitting in my wallet since late 2017. Until now, I never sold them because I still believe in their project and could turn the price around later on.

I was thinking of staking my TRXs in my Trust Wallet. I understand there are risks in staking, but since my TRXs are just sitting for a long while, do you think this is a good idea especially in this COVID-19 pandemic?

I would definitely looking forward to your suggestions about this to enlighten me, like you may have a better idea, etc. (except TRON daily rewards or smart contract ponzis out there). 

Thanks in advance!
If you've bought them since the end of 2017, I think it's difficult for prices to return and help you recover your losses. But we will never know the future, so you can keep holding it and wait if you believe in the project.

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July 18, 2020, 05:37:26 AM
 #31

If you've bought them since the end of 2017, I think it's difficult for prices to return and help you recover your losses. But we will never know the future, so you can keep holding it and wait if you believe in the project.

in the end of the year 2017 the price of the cryptos started to go down so if ever he bought his trx by that time he is fine but judging his post he said he is waiting for a good pump so i believe that he bought it in the middle of the pump on the year 2017 and unfortunately he got caught out by the dip  .  his best bet is that he can stake it for more faster profits   . hodling and waiting manually can be tiresome especially that we are on pandemic where people dont expect a good increase these times  .
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July 18, 2020, 08:55:11 AM
 #32

My TRXs are just sitting in my wallet since late 2017. Until now, I never sold them because I still believe in their project and could turn the price around later on.

I was thinking of staking my TRXs in my Trust Wallet. I understand there are risks in staking, but since my TRXs are just sitting for a long while, do you think this is a good idea especially in this COVID-19 pandemic?

I would definitely looking forward to your suggestions about this to enlighten me, like you may have a better idea, etc. (except TRON daily rewards or smart contract ponzis out there). 

Thanks in advance!
As far as I know if we hold TRX we will get several tokens like JST and BTT every few months, but I don't know if if we do staking for TRX we will still get BTT and JST. If the opportunity is lost in my opinion it's better not to do staking.
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July 18, 2020, 10:59:15 AM
 #33

Holding Tron in your private wallet without staking can earn you some other coins, it's rewarding holding Tron and it's also not bad if you plan to stake your Tron too, I prefer holding because price pump can happen at any time and you might be stuck trying to unstake

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July 18, 2020, 11:08:23 AM
 #34

I would greatly appreciate all of your opinions here. Some of you said I should stake, while there’s a suggestion that I should lend, etc. I am still taking my time to decide whether I stake, lend or just stay as ease though.

I do have Ledger Nano S in my possession, so I can transfer TRXs here from Binance and stake it afterward. But yeah, who knows if TRX later on would be huge in the long run. I am not shorting TRXs though even if it dumps big time after the 2017 greatest pump. I’m gonna long it anyways.

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July 18, 2020, 11:13:11 AM
 #35

I would greatly appreciate all of your opinions here. Some of you said I should stake, while there’s a suggestion that I should lend, etc. I am still taking my time to decide whether I stake, lend or just stay as ease though.

I do have Ledger Nano S in my possession, so I can transfer TRXs here from Binance and stake it afterward. But yeah, who knows if TRX later on would be huge in the long run. I am not shorting TRXs though even if it dumps big time after the 2017 greatest pump. I’m gonna long it anyways.

I've been staking TRX on my ledger for months and have no intention of selling at current prices. The only downside is it appears if you hold TRX on a ledger you miss out on the monthly BTT airdrop
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July 18, 2020, 12:08:18 PM
 #36

I think it is better than just holding and it seems that you don't have a plan to sell it so it is better to stake it rather than just letting it sleep on your wallet.
At least you are earning while keeping your TRX the price doesn't seems to be growing so if you wouldn't sell it then go stake it and earn while waiting.
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July 18, 2020, 02:02:27 PM
 #37

My TRXs are just sitting in my wallet since late 2017. Until now, I never sold them because I still believe in their project and could turn the price around later on.

I was thinking of staking my TRXs in my Trust Wallet. I understand there are risks in staking, but since my TRXs are just sitting for a long while, do you think this is a good idea especially in this COVID-19 pandemic?
I have bought big amount of TRON by the times of early 2019 when they announced their about monthly giveaway of bittorent tokens for TRON holders. I have bought and I just leave off them in the local exchange and I am collecting BTT tokens every month for almost zero value and TRON has fallen up to 4x hence I'm not having any other option except continue holding them.

I guess it would be really a great idea if there are options for staking TRON safely; like you I am also gathering information about staking TRON in Trust wallet and also I read that Kucoin exchanges are also offering staking options for TRON with some different interest rates than Trust wallet.

except TRON daily rewards or smart contract ponzis out there. 

What is daily tron rewards? I am sorry I have not heard anything like that even I am holding Tron for more than a year. But, I do get worthless tokens into my addy just for the reason of holding Tron. If you could add more information on this, that would be really helpful for me to make use of any stuff, I have been using out for years.

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July 18, 2020, 02:05:38 PM
 #38

I would greatly appreciate all of your opinions here. Some of you said I should stake, while there’s a suggestion that I should lend, etc. I am still taking my time to decide whether I stake, lend or just stay as ease though.

I do have Ledger Nano S in my possession, so I can transfer TRXs here from Binance and stake it afterward. But yeah, who knows if TRX later on would be huge in the long run. I am not shorting TRXs though even if it dumps big time after the 2017 greatest pump. I’m gonna long it anyways.

I've been staking TRX on my ledger for months and have no intention of selling at current prices. The only downside is it appears if you hold TRX on a ledger you miss out on the monthly BTT airdrop

And what about the monthly BTT airdrop? Is it on the Binance staking? Or other wallets? I had no idea about that monthly airdrop you said. Thanks!

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July 18, 2020, 02:21:11 PM
 #39

You had a reason for holding till now and therefore if you believe staking won't change your mindset later on then go for it. Since it is just staying in the wallet dormant and you have the urge to stake it, then I would say you stake it as it is better than just holding in this case. Also, I try to understand your point of view probably why you haven't considered staking all this while; I have understand that most people don't like staking they just prefers holding so as to be free from unforseen circumstances, but in this situation I would say you stake it. Another reason why I support the staking is that, it can easily be done with trust wallet.
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July 18, 2020, 02:30:57 PM
 #40

it can be a good way, because in the middle of this pandemic we cannot freely leave the house or area. many restrictions, and the most effective way to make money is from home. and trading can be the right choice for the current situation. although the market is still down, I think you need to try it by looking at the chart and the possibility of an increase that can occur.
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