Bitcoin Forum
November 11, 2024, 10:46:45 PM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 [8]  All
  Print  
Author Topic: The Difference Between Staking and Investing  (Read 1104 times)
Zilon
Sr. Member
****
Offline Offline

Activity: 966
Merit: 421

Bitcoindata.science


View Profile WWW
February 05, 2022, 01:01:04 PM
 #141

I like the last definition of staking locking your coin to get rewarded. It's self explained even to a layman. Outside having huge capital your active participation in validating transaction as proof of stake will be much demanding. I would rather prefer sticking to investment while I patiently wait for a rise in value.
adzino
Copper Member
Hero Member
*****
Offline Offline

Activity: 3024
Merit: 576


www.Crypto.Games: Multiple coins, multiple games


View Profile
February 05, 2022, 01:40:25 PM
 #142

-snip-
staking is mostly done on exchanges. because usually you can get rewards in the form of certain coins. Many exchanges do this to promote certain coins, and usually staking is done to generate profit
for the long term.
-snip-
Staking isn't done on exchanges. If you are staking in an exchange, you are actually not staking. You are lending the coins to the exchange and they stake it, not you. They just give you a small percentage of profit from the stake rewards. And haven't you noticed that exchanges even allow you to "stake" coins that aren't even PoS coins? They take your coin, use it for different purposes to generate profit and gives you a share. If you want to stake, stake using your own wallet. This will help the network you support make it more decentralized.

█████████████████████████
███████▄▄▀▀███▀▀▄▄███████
████████▄███▄████████
█████▄▄█▀▀███▀▀█▄▄█████
████▀▀██▀██████▀██▀▀████
████▄█████████████▄████
███████▀███████▀███████
████▀█████████████▀████
████▄▄██▄████▄██▄▄████
█████▀▀███▀▄████▀▀█████
████████▀███▀████████
███████▀▀▄▄███▄▄▀▀███████
█████████████████████████
.
 CRYPTOGAMES 
.
 Catch the winning spirit! 
█▄░▀███▌░▄
███▄░▀█░▐██▄
▀▀▀▀▀░░░▀▀▀▀▀
████▌░▐█████▀
████░░█████
███▌░▐███▀
███░░███
██▌░▐█▀
PROGRESSIVE
      JACKPOT      
██░░▄▄
▀▀░░████▄
▄▄▄▄██▀░░▄▄
░░░▀▀█░░▀██▄
███▄░░▀▄░█▀▀
█████░░█░░▄▄█
█████░░██████
█████░░█░░▀▀█
LOW HOUSE
         EDGE         
██▄
███░░░░░░░▄▄
█▀░░░░░░░████
█▄░░░░░░░░█▀
██▄░░░░░░▄█
███▄▄░░▄██▌
██████████
█████████▌
PREMIUM VIP
 MEMBERSHIP 
DICE   ROULETTE   BLACKJACK   KENO   MINESWEEPER   VIDEO POKER   PLINKO   SLOT   LOTTERY
Webetcoins
Hero Member
*****
Offline Offline

Activity: 2100
Merit: 547


Leading Crypto Sports Betting & Casino Platform


View Profile
February 05, 2022, 09:18:05 PM
 #143

Staking isn't done on exchanges. If you are staking in an exchange, you are actually not staking. You are lending the coins to the exchange and they stake it, not you. They just give you a small percentage of profit from the stake rewards. And haven't you noticed that exchanges even allow you to "stake" coins that aren't even PoS coins? They take your coin, use it for different purposes to generate profit and gives you a share. If you want to stake, stake using your own wallet. This will help the network you support make it more decentralized.
Staking pools are a thing nowadays when you consider how it is quite expensive for some of the staking in some coins could be expensive. Like ETH has 32 ETH start value for example, which means that not everyone can pay for it, but 32 people could get together and pay 1 ETH each and do it, or 320 people with 0.1.

So, all in all it is quite easy to decide on why some places are not that bad, it is definitely something we could see happening and it is something that people could simply just ignore if they want to, it all depends on the person. Yes, you are "lending" it to someone to stake it for you, but exchanges are great staking pools that can work for you.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Pages: « 1 2 3 4 5 6 7 [8]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!