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Author Topic: Ethereum 2.0 worth staking?  (Read 188 times)
Abel008 (OP)
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February 22, 2021, 08:47:45 PM
 #1

I know its great to make passive income but what are the real flaws to it? I hear both saying its good and bad?
Thoughts?,...Thank you
tabas
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February 22, 2021, 09:14:51 PM
 #2

Not yet.
Wait until 2.0 is done and there will be no locked in periods that has to be a requirement for it. Most exchanges that have this thing requires you to allow them to hold with a minimum holding of your Eth for a year or two.
It's not a good deal IMHO.

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February 22, 2021, 10:53:21 PM
 #3

I know its great to make passive income but what are the real flaws to it? I hear both saying its good and bad?
Thoughts?,...Thank you
If you don't wanna risking yourself and you should never participate in the ethereum staking as there's a locked period for your money and you will not able to get back your money when you have urgent needs.
The bad thing if the participants will be forced to lock their ethereum but the good thing is it's still offering a good yield return but it's not so high as other yield farming.
Think again before trying to decide whether you wanna participate or not.

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Handsome Boy
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February 22, 2021, 11:25:08 PM
 #4

I know its great to make passive income but what are the real flaws to it? I hear both saying its good and bad?
Thoughts?,...Thank you
we won't know until ETH 2.0 is released, so we need to wait until ETH 2.0 really exists before we can find out if Ethereum is worth it to staking or not, but Ethereum staking should be very profitable, because mining Ethereum is very profitable for now, so it is impossible if Ethereum staking is not profitable.
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February 22, 2021, 11:50:08 PM
 #5

I know its great to make passive income but what are the real flaws to it? I hear both saying its good and bad?
Thoughts?,...Thank you
there is no news about staking Ethereum 2.0, but staking Ethereum when the price of Ethereum has reached the new ATH is a big risk for someone who is staking, of course staking requires locking your balance for a while if the price has reached the top price, of course it can also experience a correction Inside, ethereum staking is indeed worth it and is safe, yes, my advice is to wait for Ethereum prices to fall and reach a bottom, then buy and stake.

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February 23, 2021, 03:34:54 AM
 #6

I know its great to make passive income but what are the real flaws to it? I hear both saying its good and bad?
Thoughts?,...Thank you
we won't know until ETH 2.0 is released, so we need to wait until ETH 2.0 really exists before we can find out if Ethereum is worth it to staking or not,
You don't even need to wait until ethereum 2.0 will be fully released but you can try to calculate that how much APR that you will get to be the validator in ethereum network

https://beaconcha.in/

Just visit that site and you will get what you want. The only problem is locking period for your ethereum is too long (1 year)

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February 23, 2021, 03:41:24 AM
 #7

Binance Staking Ethereum 2.0. You will be required to lock your Ethereum up to 2 years to redeem your stake. I would not go to stake my Ethereum and in 2 years, I can not cash it out or trade it.

It is good for classic investors who don't care about trading or profits in short term. By joining Ethereum 2.0 staking on Binance, you must believe in Binance and their security. I don't exaggerate the importance of Binance to protect your Ethereum as I know many people leave their coins on exchanges very long time.
https://www.binance.com/en/eth2

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February 23, 2021, 04:55:34 AM
 #8



As of now, I am not so excited with the staking opportunity of the Ethereum 2.0 though maybe if I have a lot of Ethereum just hiding somewhere, and I don't have any plan of converting them in the coming months maybe I can change my mind. Ethereum remains to be solid and has a potential to grow more despite the many challenges it is facing and despite the chorus of angry users of the network paying such very excruciating high gas fees.

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February 23, 2021, 08:38:31 AM
 #9

The thing here is that if you want to stake by yourself, you need a minimum of 32 Ethereum, which is not cheap. I consider that a flaw to someone who's not a whale, not to mention it's going to be locked. By that it's the minimum so don't expect big returns. Though there's going to be exchanges that will provide staking services for no minimum amount but it's not the safest since you don't own the wallet.
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February 23, 2021, 09:46:03 AM
 #10

locked period is totally a big turn off, locking our ethereum when the price is on its ath and is really volatile? I doubt most of us want to do that and it's not some measly period either, imagine 2 years. The eth income you might get could easily lost its portion of value due to the price movement therefore IMO it's a bad idea.


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February 23, 2021, 10:15:52 AM
 #11

I know its great to make passive income but what are the real flaws to it? I hear both saying its good and bad?
Thoughts?,...Thank you
Maybe you are uncertain about your decision, on the bad side, you should know Eth prediction price in the future, because the coins you have will be locked for a long time and on the good side you get passive income, but is it worth the staking you do?
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February 23, 2021, 10:47:03 AM
 #12

I am confident the ethereum 2.0 major upgrade will gain even greater accomplishment and potential.  It responds well to defi, increases immutable user transfer performance, beacon chain, and shareding will troubleshoot all the disadvantages of ETH. 
Although the publication time has been delayed, it is necessary and worthwhile.  November onwards, pay attention to ETH with the light it produces.  So I will accumulate the maximum ETH.
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February 23, 2021, 11:04:06 AM
 #13

The real flaw so far is the locked period as other people also already pointed out, you could missing many opportunities that arise within 2 years and 2 years is a relatively long time for crypto that has fast market movement.
Other than that, the reward also kinda relatively low in my opinion. but if you have intention to hold this coin for a long time while also waiting for it to go past certain price point then it might be worth it.
Truthfully it depends on how is your style of investment, passive income sounds good but if it doesn't make you earn that much while also making you have no control over your coin, what's good in it?

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February 24, 2021, 06:37:31 PM
 #14

In my opinion ethereum 2.0 staking is like gambling, there is no guarantee that ethereum 2.0 will be succeed. Mean while our ethereum is locked. What happen if ethereum network is not popular anymore because there are a lot of cheapest and faster network like cardano and polkadot. The feature also better.

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bitcon
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February 24, 2021, 08:46:36 PM
 #15

I know its great to make passive income but what are the real flaws to it? I hear both saying its good and bad?
Thoughts?,...Thank you

We've been looking forward to this update. It remains to wait a little longer. I hope EIP-1559 will solve the annoying problem of high transaction fees. The growth and demand for DeFi has triggered a strain on Ethereum. As a result, the cost of gas has become a real challenge for ordinary users. The average transaction fee is $ 17. But sometimes it exceeded $ 25. EIP-1559 will introduce a mechanism that will set up the principle of the auction that determines the prices of transactions. After that, the commissions will be adjusted. Tongue
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February 25, 2021, 12:54:27 AM
 #16

We've been looking forward to this update. It remains to wait a little longer. I hope EIP-1559 will solve the annoying problem of high transaction fees. The growth and demand for DeFi has triggered a strain on Ethereum. As a result, the cost of gas has become a real challenge for ordinary users. The average transaction fee is $ 17. But sometimes it exceeded $ 25. EIP-1559 will introduce a mechanism that will set up the principle of the auction that determines the prices of transactions. After that, the commissions will be adjusted. Tongue
That sounds good about EIP1599 but i kinda feel a bit worry about that consider a lot of miners are against it. There would be a conflict between the miners and developers.
Miners got a lot of disadvantage from the implementation of EIP1599
Would we see another problem happened on ethereum again? This is a very interesting thing to be watched by us. I just keep my eyes on this EIP

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February 25, 2021, 01:04:03 AM
 #17

Of course, one flaw is that you need to hold your ETH for a very long time. So if you are not a long term holder, then staking might not be for you. So a lot of things might happen during your staking, bearish market that might affect your profit in the end.

And maybe you can double or even triple your money in the next two years as compare to staking like a 20% APR if I'm not mistaken.

R


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ARTURVH
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February 25, 2021, 01:14:12 AM
 #18

I know its great to make passive income but what are the real flaws to it? I hear both saying its good and bad?
Thoughts?,...Thank you
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In the near future, the release of Ethereum 2.0 is crucial to the development momentum of Ethereum, because the network upgrade will greatly improve the trading capabilities of Ethereum. This will enable the new DeFi cycle (if it does emerge) to last a long time, as it will reduce the risk of network congestion and high transaction fees. Since Ethereum 2.0 supports mortgages and allows users to allocate 32 ETH to the network in exchange for rewards, it can reduce the circulation supply of ETH on exchanges.

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February 25, 2021, 01:33:28 AM
 #19

I know its great to make passive income but what are the real flaws to it? I hear both saying its good and bad?
Thoughts?,...Thank you

I consider it generally good. But don't think that staking is for short term profit. If you are looking for a quick profit or a short term gain, staking might not be the one for you. Staking Ethereum is the best among all other staking opportunities. Ethereum is the most trusted altcoin after all. But like I said, stake Ethereum if you are looking for a stable source of passive income in the long term. It won't fail you.
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February 25, 2021, 01:42:20 AM
 #20



For ETH2 I think you can stake it and earn but your token will be held for up until 2022, that's already a disadvantage since you can't withdraw it whenever you want. That's the catch there.  You will miss the ETH reaching the ATH I guess because, by the time you are supposed to sell it, you can't.

Whether its worth or not, we never know it yet until we know how much you could possibly earn.

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