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Author Topic: Earning Interest and Staking?  (Read 378 times)
jerry0 (OP)
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December 28, 2020, 11:09:23 PM
 #21

Update on this?  I see there is usdn staking.  It shows you could make more than 8 percent.  But this amount constant or it always changes?



Like for example anyone here took say thousand dollars and staked it entire year?



So say you buy thousand dollar worth of waves... then staked them with usdn.  So how does that work?  You basically sell your waves for usdn right?



Then say with around a thousand usdn... forget the fees to buy waves... then if you leave it staked for an entire year... you will make 80 dollars on thousand dollar worth of usdn a year?  That sounds too easy and doesn't make sense.  But that number changes daily?  So how much percentage do you reasonably get a year then if you put thousand or ten thousand dollars into it and stake the usdn?



Because if you could get 5 percent.... well thats 500 dollars if you have ten thousand dollars.  Then once you have l0500 dollars, then you would convert it to usdt right?  But do you first need to sell it for waves... then sell it for usdt?



The thing is when you stake waves... sure you get some waves every week.  But if waves price drops... you aren't making any money etc.  So can someone explain the usdn staking?  Seems way too good to be true.
jerry0 (OP)
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February 01, 2021, 03:05:35 AM
 #22

Anyone else?


Thoughts on doing it with stablecoin where you earn 8.6 percent on blockfi?  That seems almost risk free etc. 
jerry0 (OP)
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March 07, 2021, 08:23:42 PM
 #23

Thoughts on


Celsius

Blockfi




They seem to offer interest on stablecoins so wouldnt that be a good idea if you want stable returns?
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March 25, 2021, 04:50:29 PM
 #24

Its now quite a good source of income. People earn lots of money by staking and earning interest.
But it depends on the project's ability to climb up the stair of success.
Then it will be much profitable for you.
But sometimes you may end in regret because of low price or if the team don’t pay..

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March 26, 2021, 11:51:44 AM
 #25

So i have waves and I leased them a while back.  I know for an entire year... i only got a few waves back on my leased waves.  But now when i logged into the new waves wallet, im getting like a wave a week.  So it seems like when checking it, you are getting like 5% on waves when staking.  Now besides this, are there any other coins where you can stake and get interest like this?I

Beside this , you can stake many coins at binance.com. There may be many third party sites which may offer you nice staking plans but i would not recommend you to invest your money in those sites. We never know if those sites may scam any day or refuse to return our amount. Be safe as the new staking sites are emerging everyday.  Shocked
Staking some coins with Binance is more credible than othose  third party sites at least with Binance interest earned daily or monthly payment is assured and promptly unlike the third party sites that might trick unsuspecting investors with a huge or bogus higher daily interest whereas they are scammers,  staking is another stress free source of earning some bucks but it's subject to the price of the staked coin a high price means more interest vice versa.

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March 26, 2021, 12:32:24 PM
 #26

So i have waves and I leased them a while back.  I know for an entire year... i only got a few waves back on my leased waves.  But now when i logged into the new waves wallet, im getting like a wave a week.  So it seems like when checking it, you are getting like 5% on waves when staking.  Now besides this, are there any other coins where you can stake and get interest like this?I

Most if not allPOS coins are like this, ETH also soon.
You can even use hybrid models of lending on Binance called "Binance Earn" which works kinda similar, except returns are smaller than classic staking
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March 26, 2021, 03:33:06 PM
 #27

I still dont get how i can earn interest in crypto loans. Fee for transfer is bigger than 40 usd. So, even 4000 usd will be profitable only after ±1 month. And after i will need to pay the fees for withdraws. What the point?

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March 26, 2021, 04:24:49 PM
 #28

So i have waves and I leased them a while back.  I know for an entire year... i only got a few waves back on my leased waves.  But now when i logged into the new waves wallet, im getting like a wave a week.  So it seems like when checking it, you are getting like 5% on waves when staking.  Now besides this, are there any other coins where you can stake and get interest like this?I

for the most profitable staking program for me is staking binance coins. you can see the results per month especially 1 year staking. besides getting additional coins for the price of binance coin itself the price continues to soar.

he must have staked a lot for it to get 1 waves per week. i tried staking about 120waves on waves.exchange 3 months ago and i only for about 0.33 per month. not a good place to start staking i guess.

there are lots of coins to stake everywhere but staking on centralize exchanges seem too risky. and what they could do as well in times when they will try to win the consensus.


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Pamadar
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March 26, 2021, 04:43:13 PM
 #29

I still dont get how i can earn interest in crypto loans. Fee for transfer is bigger than 40 usd. So, even 4000 usd will be profitable only after ±1 month. And after i will need to pay the fees for withdraws. What the point?
To take part in the staking program, it looks like we can take part in the program on the exchange without transfer fees, especially on the ethereum network of course fees and also benefits, if we calculate, of course we spend a lot of fees. now like Bithumb, MXC And also Binance many tokens especially on the DeFi network that hold staking promos with high profits. But it needs research beforehand before joining this program

You have to do your part in doing your research before you enter any assets for investment.

There are many investment opportunities with staking projects but if you are keen you'll be able to catch up, at first it might be risky but along the way you'll be able to familiriaze with how to catch the right project, you'll be getting much better compensation. Best of luck!
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March 27, 2021, 04:05:18 AM
 #30

So i have waves and I leased them a while back.  I know for an entire year... i only got a few waves back on my leased waves.  But now when i logged into the new waves wallet, im getting like a wave a week.  So it seems like when checking it, you are getting like 5% on waves when staking.  Now besides this, are there any other coins where you can stake and get interest like this?I
What people need to understand about staking and even mining is that in order to keep the price to a level there needs to be a constant amount of purchases, there is new tokens or coins that are printed or mined or staked whatever every single day and if it is a bad coin who will buy millions of dollars from that coin to keep the price higher?

Definitely ethereum manages to go up even though there are people who mine it, the price of bitcoin went up even though there are people who mine it, but can you guarantee your small and not even top 100 coin will be the same?

I do not think that it will be the same, this is why I think its quite obvious that people are not aware their staking may not make any money. It doesn't matter if its 5% or 9% or 100% or 10000%, it doesn't matter because on the lowest it could maybe still fail or in the biggest it could succeed, all depends on how much people are willing to buy.
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