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Author Topic: I could consider staking if ....  (Read 399 times)
wildflower18
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November 18, 2020, 11:44:04 PM
 #61

You can actually stake safely, some wallets provide staking features such as Ledger, Trust Wallet, Exodus, and Atomic wallet. they use a third party that is directly monitored by the wallet. but if you want staking at the door, then try to choose coins that use the Proof of Stake consensus. only requires a lot of capital. you are like a miner
Many wallet to choose to stake coins, Op should research if what coins to stake that can offer good profit. In trust wallet indeed need of third party link to use on staking and in atomic wallet they have directly staking platform. There are many ways on how to stake coins and op should know the risks since in every platform it have different offer of profit daily.

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concept2
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November 18, 2020, 11:45:10 PM
 #62

Still confused with you question. What do you mean by saying that? You want a waller or you want a place to hold your coin without having much influence on it?

I suggest Ledger Nano S. They are good option with more than 1000 coins support (according to what they say). Staking coins in a hardware wallet is the best choice because it is safer than any other kind of wallet. They also help you to become more patient whenever a coin drops its price because you cant fastly sell off your coin. Multiple steps are needed to activate your coin from wallet to an exchange
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November 19, 2020, 03:30:04 PM
 #63

You are not the only one that is scared of doing it. I hardly stake because of it. Though, if the team is serious you can do stake without fear.
Yeah I agree but I guess if the platform is meant to stake your coins like Binance allows staking if I heard the news right, then I guess it is quite safe. and convenient as you do not need to run multiple coins' wallets for staking purposes.

I invest in a presale last month, later they asked us to return the token for refund that they are not continuing with the project. Many of us returned it and they refunded few but did pay me and many us back. After taken the token back from us, and they later listed it moonswap and lock the telegram group. That was how i lost my money.
This is a strange story because the team first asked you to send back coins and as you did, they did pay you, right? But they did not pay everyone and later listed that coin to the exchange? That's bizarre because why would they scam investors and then list on the exchange. Please can you provide some details about the project if you don't mind because I have never heard such case in my life where a project behaves in this sort of manner.
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November 19, 2020, 03:39:28 PM
 #64

Guys is there any way to stake coins in your very own wallet without sending to another wallet? Is there any project or blockchain that allows staking in door only? Please share because I can't sleep at night sending my coins to other wallet for staking returns
Hello its rare to see projects like this. But I recently discovered a platform you are actually looking. It is called estake based from the developers youll stake on your own wallet.

Not following them for a while but Im sure there are some also here heard of it.

Just follow this site.
https://estake.io/
https://t.me/Estakeofficial
https://twitter.com/ElasticStake

Note: Not part of this project gladly sharing you what you are looking for.
I don't trust this project, its not reliable and could turn to scam someday, it's better for OP to choose from the list of top Pos coins instead, there is nothing to be scared of since top exchanges are reliable, they can even pay if the unexpected happens, binance exchange was hacked before and they paid all those who were affected

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barbara44
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November 19, 2020, 03:55:23 PM
 #65

I am literally just opposite of this. I want to be able to stake at a website that everyone stakes, I think it is a stake pool and I would love to be part of it. Binance has it for some coins for example and I am really hoping that they do the same for ethereum as well. That way you are depositing your money into the website, and in return they are giving you all the staking profits while you do nothing at all. You do not need a wallet, you do not need 7/24 open PC, or a VPS that would be open that you end up paying each month.

All these websites do is take your money, stake with it, and pay you what you earn from it minus a commission for what they do and I think they deserve it. I understand if it was shady place it would be hard to trust them but in places like Binance it is easy to trust them.
martina14
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November 19, 2020, 04:02:43 PM
 #66

Its so hard to believe and give our trust into a coins that has a staking programs. Because We don't know how long it will gonna stand here in crypto business. Instead of this, I think it is much better to buy your own mining rigs rather than staking or taking part of it. Although, mining rigs is only to expensive to buy.

TheGreatPython
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November 19, 2020, 09:01:09 PM
 #67

Staking is easy, but you really have to choose good coins for staking,
there are lots of coins that can be staked, I suggest you buy Harmony and staking ONE on Binance,
the rewards are quite a lot, you will not regret it.
The question is not if staking is a good option and which coins are good for staking but the concern is that people have to deposit money and lost control of their coins to stake the coins and how to avoid that risk and if there is a way to stake the coins within your wallet such that you are in control of the keys while staking.

Don't be scared OP it's 100% safe to stake your coins on either top exchanges or inside trust wallet and other popular wallets that supports staking, what I don't recommend is staking on small exchanges because they can turn scam any time
I would be afraid of making such statements because top exchanges have turned scam in past (cryptopia for example) so really not a good idea to store your coins in an exchange for staking.
Princejebs
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November 19, 2020, 09:28:43 PM
 #68

Staking is easy, but you really have to choose good coins for staking,
there are lots of coins that can be staked, I suggest you buy Harmony and staking ONE on Binance,
the rewards are quite a lot, you will not regret it.

Sometimes the conditions that comes with staking don't make one comfortable and hence not been easy.
I will use one token as an example. DIA is the token, on the day of completion of their token sales, they open a locked program in form of staking vesting for 3 months, 6 months and 12 month accompany by different % ROI.
Unfortunately, the kucoin hacked affected DIA price making the price coming back to presale price but because its a locked program, they couldn't unstake their token until that period expired leaving them with loss.
Although, the price has maintained presale for a while now but I wouldn't stake any coin. I will rather trade and hold for short term.
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November 19, 2020, 09:40:50 PM
 #69

Guys is there any way to stake coins in your very own wallet without sending to another wallet? Is there any project or blockchain that allows staking in door only? Please share because I can't sleep at night sending my coins to other wallet for staking returns
Staking is just like a free money and in order to qualify you have to agree on the terms and conditions of a specific project so I don’t think you can do staking without transferring your token to another wallet especially if those token didn’t have a staking program. Profit in staking is fine but sometimes is expensive to qualify for this one so I don’t mind doing this not unless it becomes more affordable.

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November 19, 2020, 10:55:36 PM
 #70

Guys is there any way to stake coins in your very own wallet without sending to another wallet? Is there any project or blockchain that allows staking in door only? Please share because I can't sleep at night sending my coins to other wallet for staking returns
There are wallets which has staking offers but you can't stake coins in your wallet because staking is something which locks the funds for certain time period to get the rewards so wallets under your complete control will never have such feature.

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