Do you recommend staking?

[Blowon]

Now being popular with farming, it's similar to staking but faster, and you can take your capital at any time. I suggest to farming SFUND in tosdis their project is good, has a good path as well as development. I also farm there, even many of my friends earn very decent from farming sfund.

[laohe628]

Now being popular with farming, it's similar to staking but faster, and you can take your capital at any time. I suggest to farming SFUND in tosdis their project is good, has a good path as well as development. I also farm there, even many of my friends earn very decent from farming sfund.

I better like farming too，comparing to stake，i like farming the way that i can take my capital at any time.So my conclusion is i do not recommend staking.

[bitbollo]

I am actually staking some coins with kraken. Probably I am doing wrong since "not my keys not my coins" but there is invested less then 0,1 % of my entire crypto portfolio. Why It can be recommend? It can be recommend if you have trust and interest in a coin, and you have some money ready to be parked.
With recent change on the market (pump and dump) of some of these coins staked, it would be un-profitable make any withdraw. But in certain period of time it can be really profitable since there is a double incentive, from the value of token and from coins received.

[ahmia39]

if you don't intend to do anything with your ETH then staking can be the right choice, but if you trade frequently and are not used to storing coins for a long time then trading is better.
Staking takes quite a long time to start making profits,and with a large amount in order to get a greater ROI too.

Trading also sometimes takes a long time so that someone can get more profit because it is very rare for trading in the short term to get bigger results, so this both takes time, although not always the same.

[devil2man]

given the relatively low value of eth obviously it is not worthwhile to sell it but to move towards staking but my advice is maybe to prefer lower interests / api but on safe sites you can get an idea of ​​the various staking sites here https://www.coingecko.com/it/earn/ethereum

[tabas]

given the relatively low value of eth obviously it is not worthwhile to sell it but to move towards staking but my advice is maybe to prefer lower interests / api but on safe sites you can get an idea of ​​the various staking sites here https://www.coingecko.com/it/earn/ethereum

There's still no staking yet for Ethereum unless you move it to exchanges or join those pools that offers it. But as an individual, do you really think that it's fine to stake Ethereum on those exchanges?
Well for me it's not. I'll wait until a wallet that I use starts to support or offer Ethereum staking. Because it is where I'm able to hold my keys and when you send it to exchanges and stake it, you don't hold your keys.

[Oilacris]

given the relatively low value of eth obviously it is not worthwhile to sell it but to move towards staking but my advice is maybe to prefer lower interests / api but on safe sites you can get an idea of ​​the various staking sites here https://www.coingecko.com/it/earn/ethereum

There's still no staking yet for Ethereum unless you move it to exchanges or join those pools that offers it. But as an individual, do you really think that it's fine to stake Ethereum on those exchanges?
Well for me it's not. I'll wait until a wallet that I use starts to support or offer Ethereum staking. Because it is where I'm able to hold my keys and when you send it to exchanges and stake it, you don't hold your keys.

Ethereum or not then it doesnt really matter, i dont see the worth of staking out your coins into other platforms which you dont really possess the keys where i do considered to be risky most of the time and heck you would able to earn those interest if you do just simply hold off your coins into your own wallet due to volatility.

I cant really afford on leaving out my coins into leaving into some exchangers or platforms just for you to earn 10-15% APY which is the maximum i have ever seen.

You can really make out your own calculations plus with the risk that you would be facing off if you do really tend into this venture.

[Renampun]

Staking is better than holding. If you hold any stackable token/coin for long term. Then it’s better to stake that. Cz, You will get some staking reward from it and you still a holder of that asset.

Staking is very helpful for holders who plan to long term hold...

Some large exchange sites and also some gambling platforms provide many coin staking features to their users and that can be a good option. I staking BTC on Binance because I hold it long-term, the results may still be small at this time but I am confident with the growth.

[gundala]

I think that staking is a huge advantage for those who start early as the percentages will be higher but at the same time I think it will be a valid solution even for the long term, passive income can give you financial freedom.

Coin staking is indeed suitable for people who have a hodler spirit. Staking usually requires users to hold their assets on the platform for a certain period of time, during which time the assets cannot be withdrawn. yes, if you intend to be a hodler then staking is very effective, because you can get additional assets. but really pay attention to the platform that will be used, make sure it is really safe and official.
all strategies must have advantages and disadvantages, understand the risks to face the worst possibility.

[otundebis]

I definitely recommend staking,  staking is good and will increase your holding over time.  Before you join any staking program however,  such coin and staking platform must be fully audited,  it must also must have had the team renounced their contract  for proper transparency and fairness.  The platform of such staking must be decentralized as well to avoid manipulations!

[kawetsriyanto]

I commonly do it in Binance or other trusted exchanges. Actually, I am not interested in staking. However, during this crash market, I try to stake some coins. I think that it may be better than letting it only in my wallet without going to sell because the price is still very dropped. So, I personally say that it may be good in certain conditions.
however, if you are an active trader and you don't lose your money, it may be better to use your coins for trading than staking. because the profits or results will be more profitable trading. but once more, it will depend on how you are trading.

[john1010]

I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

You need to look on the APR/APY of the stake the site has offered, plus the fact that when you begin to stake you need to lock up your eth in several days and during that day you can never use or withdraw your token while in the stake process, there are site that there is no lockup period anyday you can withdraw your coin, but always remember that there's always a risk in doing staking, because you can lend your coin onto them, make sure the site you are using is legit.

[electronicash]

I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?

Thanks!

You need to look on the APR/APY of the stake the site has offered, plus the fact that when you begin to stake you need to lock up your eth in several days and during that day you can never use or withdraw your token while in the stake process, there are site that there is no lockup period anyday you can withdraw your coin, but always remember that there's always a risk in doing staking, because you can lend your coin onto them, make sure the site you are using is legit.

don't put all your trust in those centralized projects like that blockfi. it's not worth losing your coins than earning a few percentages a year. this is almost like storing your ETH to an exchange when you do that, no different to staking offering by the exchanges.

i think going for the projects that are intended for staking is your best option instead like DOT and ADA being the ranked tokens.

[ahmia39]

I think that staking is a huge advantage for those who start early as the percentages will be higher but at the same time I think it will be a valid solution even for the long term, passive income can give you financial freedom.

Yes, but the staking program also has certain restrictions on what to buy, so not everyone can get it, because the late ones won't be able to join the program, so it's not just about solutions for passive income but also for who is faster in this regard.

[tabas]

given the relatively low value of eth obviously it is not worthwhile to sell it but to move towards staking but my advice is maybe to prefer lower interests / api but on safe sites you can get an idea of ​​the various staking sites here https://www.coingecko.com/it/earn/ethereum

There's still no staking yet for Ethereum unless you move it to exchanges or join those pools that offers it. But as an individual, do you really think that it's fine to stake Ethereum on those exchanges?
Well for me it's not. I'll wait until a wallet that I use starts to support or offer Ethereum staking. Because it is where I'm able to hold my keys and when you send it to exchanges and stake it, you don't hold your keys.

Ethereum or not then it doesnt really matter, i dont see the worth of staking out your coins into other platforms which you dont really possess the keys where i do considered to be risky most of the time and heck you would able to earn those interest if you do just simply hold off your coins into your own wallet due to volatility.

I cant really afford on leaving out my coins into leaving into some exchangers or platforms just for you to earn 10-15% APY which is the maximum i have ever seen.

You can really make out your own calculations plus with the risk that you would be facing off if you do really tend into this venture.

It is what I've said and explained that even if the APY is very interesting and quite high for you to consider. It's easier to keep your Ethereum on your own.
Than to let the exchanges hold it for you with that little return they give.

[BayAngelo]

yeah, i do recommend staking but make sure you stake in the right place. there are top exchanges that has staking campaigns on going. binance, okex and tope tier exchanges are conducting different aspect of staking. i suggest you stick with them. do not use sharedstake or any staking platform. they might disappear with your funds. there has been recent rugpulls and loss stories surrounding some platforms that offers staking services.

[Hypnosis00]

yeah, i do recommend staking but make sure you stake in the right place. there are top exchanges that has staking campaigns on going. binance, okex and tope tier exchanges are conducting different aspect of staking. i suggest you stick with them. do not use sharedstake or any staking platform. they might disappear with your funds. there has been recent rugpulls and loss stories surrounding some platforms that offers staking services.

That's it, I do recommend staking as another way to make a profit without doing anything, it was just similar to holding. And since we are relying on a third party, the risk is high that is why choosing reputable exchanges is very important otherwise, we fully lost control of our funds.

I only use Binance for this (I'd never try Okex and other exchanges), well, the result is not really overwhelming especially when you just stake small amounts but if you stake big amounts, you will certainly think that this is enough.
Only the same rule in investing...Just stake the amount that you can afford to lose. The situation is so volatile, so you can't expect that your money will grow fast.

[kramchers]

In my own assessment, staking nowadays I think is a good opportunity to apply now. Especially, now Staking or farming was very trending under BSC platform. And one of these are BSW, CAKE, and more. So far these two are good to me and has a potentials to increase more
in the future as well.

[carlisle1]

if you don't intend to do anything with your ETH then staking can be the right choice, but if you trade frequently and are not used to storing coins for a long time then trading is better.
Staking takes quite a long time to start making profits,and with a large amount in order to get a greater ROI too.

You need to realized that it isn't the quick way to earned but it's a good passive way in the long run,
if you have good spare amount of money and you are willing to hold it for much longer time,

Instead of keeping it with stable coin or keep it from your wallet, learning how staking works will give you good idea if you are capable of holding,

it needs you to work it out in finding the right coins to stake and earned.

[m.rifki]

if you don't intend to do anything with your ETH then staking can be the right choice, but if you trade frequently and are not used to storing coins for a long time then trading is better.
Staking takes quite a long time to start making profits,and with a large amount in order to get a greater ROI too.

Trading also sometimes takes a long time so that someone can get more profit because it is very rare for trading in the short term to get bigger results, so this both takes time, although not always the same.

But maybe for some people deliberately trading with a certain period of time, because I once saw someone in front of the computer for 5 hours to trade, and either it was just a coincidence or indeed his prediction was very good so he made a pretty big profit.