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Author Topic: Staking on ETH 2.0  (Read 370 times)
tsaroz
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December 29, 2020, 04:43:04 PM
 #41

Pool staking like Binance ETH 2.0 staking is a very good option for people who are not sure about running a full node or don't have enough money to have one. Binance claims to provide 100% of on-chain staking income to the investors of the pool while it bears the risk for penalty and forfeiture. That means it would be even more profitable than running your own staking.

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December 29, 2020, 04:48:43 PM
 #42

Launching the Staking feature on ETH 2.0 is just a massive step. It will make the early adopters of Ethereum very happy, imagine that Ethereum raises from 700 to 2000$ per coin? That's going to make them earn alot. It's only convenient to the whales i think more than the usual Ethereum miners, the POS staking will enable them to stake their coins and grab some profits just for hodling them.
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December 29, 2020, 05:01:03 PM
 #43

Launching the Staking feature on ETH 2.0 is just a massive step. It will make the early adopters of Ethereum very happy, imagine that Ethereum raises from 700 to 2000$ per coin? That's going to make them earn alot. It's only convenient to the whales i think more than the usual Ethereum miners, the POS staking will enable them to stake their coins and grab some profits just for hodling them.

It will bring more benefits to  those whales as they have enough funds to participate without any issue, this staking feature is a good opportunities

for holders who have a long term goals from their investment, they can allow their money to work for them, just learn how to work things out and

start looking for this big opportunities.
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December 29, 2020, 05:29:40 PM
 #44

I think eth will increase in price in the future
So staking will be profitable for long term
So I think staking on early stages will be more profitable than entering in late stages

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December 29, 2020, 10:25:18 PM
 #45

ETH 2.0 is a long awaited tech around the space and many people really can't wait for it to be fully launched. Slashing during staking on ETH 2.0 happens when three operations happen, surround voting, double target vote and double proposal. But I guess StaFi has a feasible solution to offer: https://medium.com/stafi/stafi-reths-solution-to-the-slash-of-eth-ae44e3767fb0
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December 29, 2020, 10:41:09 PM
 #46

With the recent launch of Ethereum 2.0, people are now rushing to the launchpad for staking

But is it worth it?

The rewards are looking very appealing but the stake is going to stay illiquid for a long time. Will a third party staking provider help in mitigating some risk?
Yeah, it is kind of locked staking and the time period is also not obvious so i will suggest to stake eth to only longterm holders who can afford to lock their eth for 2 or more years and as far as platform is concerned i think binance is good due to its stable outlook and good reputation in the market.

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ipanks
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December 30, 2020, 11:36:36 AM
 #47

To be honest, I do not know what the benefits of staking ethereum as I do not stake like other people. I still prefer to trade ethereum pair bitcoin or usdt which I think that can give me more profit in a short time. Maybe I will search for more details about the news, so if I think that will give another profit to me, I will try to stake. But still, staking 32 ethereum is a lot for me.
I think it's like that too, because currently the price of ethereum is also expensive so when compared to other altcoins it is better to stake in altcoins besides ethereum,
yes I appreciate that the Ethereum 2.0 staking makes Ethereum strong in terms of price, and this makes Ethereum's bullish continue.
Yeah, I think that too. I consider staking the other altcoins, which has a low price than ethereum. But what makes me think about the altcoin, I do not found a good altcoin to stake. It makes me confused to select the altcoins. I already try to stake minex in the past, and that gives me a big profit, but now, minex is not good anymore.

To be honest, I do not know what the benefits of staking ethereum as I do not stake like other people. I still prefer to trade ethereum pair bitcoin or usdt which I think that can give me more profit in a short time. Maybe I will search for more details about the news, so if I think that will give another profit to me, I will try to stake. But still, staking 32 ethereum is a lot for me.
The benefits of staking ETH for you would be to stake it, thats as simple as it gets and nothing really that major. Normally who makes money from new ETH minted? The miners, and you need rigs and machines to become a miner, it would require a hefty investment to do that. Who will make ETH with this new 2.0 version? Everyone who holds 32+ ETH will make money from it instead.

So, your profit from this would be to not care about machines and equipment and bills and many other things and basically start mining ethereum without any problem, just own 32 of them and you are ready to go. Plus ETH is a trusted project, second in rank, king of altcoins and all that which means ETH is a good coin to invest as well, not only you will make from your staking, but ETH will probably go up in price as well, which means you will earn money from both of them at the same time.
I am just thinking about how long we can ROI from the staking of ETH because I do not want to stake ETH for, let say, 2 years from now to get ROI. I prefer to use 32 ETH to trade, which can give me a profit, although not much. Even if the ethereum price can increase so high, let say rise to $2k, we need to wait for that time to get our ethereum back to us with the profit.



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danglongbtc
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December 30, 2020, 05:12:55 PM
 #48

Instead of stacking, once can also make good profits by selling high buying low. On the other hand, ETH will be locked for more than 2 years.

You will definitely face such a problem when selling expensive, the price will become even higher and you will not be able to buy back cheap. You can't be guaranteed to make a profit this way. Trading theoretically gives more profit than holding, but in practice this happens quite rarely.

You're right but bull run won't be continuous. At one point of time, if you cleared your position wisely, you will definitely buy back with lower than your last sold value. On the other hand, stacking is not just easy. Maintaining is hard part and stacking through third-party services holds higher risks than utilizing this strategy.
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December 31, 2020, 09:32:14 AM
 #49

You're right but bull run won't be continuous. At one point of time, if you cleared your position wisely, you will definitely buy back with lower than your last sold value. On the other hand, stacking is not just easy. Maintaining is hard part and stacking through third-party services holds higher risks than utilizing this strategy.

I agree that any upward movement is bound to have a correction. But this does not mean that the market will allow you to buy a coin cheaper than the price at which you sold it. Those who sold bitcoin for 10-12 thousand dollars hoped to buy BTC for 7-8 thousand, but I doubt that we will see such a price in the near future.

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December 31, 2020, 11:45:28 AM
 #50

Ok, we know that this is a major step forward in the development of the Ethereum ecosystem and that this consensus will add power to its network. However, the increase in market value can be relative in relation to development and many think that we are at a great increase but in my opinion it's only a market increase due to the adhesion of large institutions and I'm not sure if we are in a true market of Bull. On the other hand, I believe in Vitalik's ideas and Eth 2 is appreciated by many.

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December 31, 2020, 12:05:08 PM
 #51

The benefits of staking ETH for you would be to stake it, thats as simple as it gets and nothing really that major. Normally who makes money from new ETH minted? The miners, and you need rigs and machines to become a miner, it would require a hefty investment to do that. Who will make ETH with this new 2.0 version? Everyone who holds 32+ ETH will make money from it instead.

So, your profit from this would be to not care about machines and equipment and bills and many other things and basically start mining ethereum without any problem, just own 32 of them and you are ready to go. Plus ETH is a trusted project, second in rank, king of altcoins and all that which means ETH is a good coin to invest as well, not only you will make from your staking, but ETH will probably go up in price as well, which means you will earn money from both of them at the same time.

ETH 2.0 staking is not as carefree as you described it. There is a prerequisite for validators to install software that must be constantly online. Only in this case, you will receive a profit from the placed ethereum. Otherwise, you will be fined. In this case, it will be safe to place ether on the ETH2.0 staking, which offers Binance, since this requirement is not present here. https://www.binance.com/en/blog/421499824684901302/Binance-Supports-ETH-20-Staking

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December 31, 2020, 12:38:08 PM
 #52

Ok, we know that this is a major step forward in the development of the Ethereum ecosystem and that this consensus will add power to its network. However, the increase in market value can be relative in relation to development and many think that we are at a great increase but in my opinion it's only a market increase due to the adhesion of large institutions and I'm not sure if we are in a true market of Bull. On the other hand, I believe in Vitalik's ideas and Eth 2 is appreciated by many.
In a couple of days another major development of the ETH2.0 will be integrated.
But you seems not to understand that the market is already in bull although the altcoins market maybe somehow left behind because the bullish is not totally locked in. However, the major venue the bull market usually creates is an increase in traffic (which adhesion of large institutions is part of it) and price.


You're right but bull run won't be continuous. At one point of time, if you cleared your position wisely, you will definitely buy back with lower than your last sold value. On the other hand, stacking is not just easy. Maintaining is hard part and stacking through third-party services holds higher risks than utilizing this strategy.

I agree that any upward movement is bound to have a correction. But this does not mean that the market will allow you to buy a coin cheaper than the price at which you sold it. Those who sold bitcoin for 10-12 thousand dollars hoped to buy BTC for 7-8 thousand, but I doubt that we will see such a price in the near future.
The market is full of possibilities though we dont know what the bottom price will be but despite the strong demand in the Bitcoin which seems to make it impossible for the market to experience a big dump in price I think there's a chance to buy Bitcoin back within the $7-12 thousand in the future when market blood bath happen.

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December 31, 2020, 02:16:33 PM
 #53

With the recent launch of Ethereum 2.0, people are now rushing to the launchpad for staking

But is it worth it?

The rewards are looking very appealing but the stake is going to stay illiquid for a long time. Will a third party staking provider help in mitigating some risk?
Eth staking is very popular already but i do not get that why the staking rewards are decreasing with increase in number of eth staked, I think below 10% annual returns the staking and locking will not remain attractive because defi and other options are there so the eth developers and decision makers need to think about it.

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