Do you recommend staking?

[Serco]

if we hold good coins in market and price could maintain due developers developtment, i my opinion staking could be good decision for us. we will have two benefit when staking good projects, first from yearly return and second for staking periode price could rise due demand on staking pool. but mostly it work in good project

[awik p]

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.

Staking is suitable for long-term investment, in addition to investing, we will also get the free coins, so the number of our coins will always increase. this is very profitable if when our time is finished, and the coins increase, at that time the price soars, so we will get double profit from staking itself, and increase the price

[BitTraderCute]

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.

Staking is suitable for long-term investment, in addition to investing, we will also get the free coins, so the number of our coins will always increase. this is very profitable if when our time is finished, and the coins increase, at that time the price soars, so we will get double profit from staking itself, and increase the price

we have to look staking return and how the tokenomic will work. so dont focus on yearly yield only , but research is there any token utility that will make token price rise. most of project only rely on APY rate to attract traders stake their token and forget about another factors. personally i will look about the tokenomic and if its good maybe i will stake my token.

[anonymsb]

Yes, I recommend staking. Staking crypto has emerged as an extremely in style thanks to earning investment financial gain within the crypto-asset markets. However, like all kinds of finance, staking doesn't return while not its risks. crypto staking sometimes involves the user is rewarded with stakes for approving valid transactions. On the flip facet, just in case users nemine contradicente vote to approve extrajudicial transactions, users can lose a part of all of their stakes. cryptocurrency staking refers to “locking up” a digital quality to act as a validator in a very suburbanized crypto network to confirm the network's integrity, security, and continuity. As AN incentive for serving to secure the network, stakers (validators) are rewarded with recently minted cryptocurrency.
 
Unlike alternative modes of crypto investments that need constant activity to come up with a financial gain, staking doesn’t need users to vote to approve transactions. this can be as a result of most transactions on staking platforms ar approved mechanically. However, staking rules vary from one platform to a different one. The rewards are then shared among the pool members to support their contributions. Proof of stake is mostly a state of affairs wherever a crypto network achieves distributed agreement. The process is believed to be effective in strengthening a blockchain network, therefore, rewards from the network. Therefore, the additional you purchase and hold coins on the network, the additional you earn.

It's time you are trying out staking. Besides earning passive financial gain, staking helps you build a property supply of financial gain. All you wish to try to do is purchase crypto and hold it in your case. The longer you hold, the additional you receive rewards. This way, you not solely secure your crypto however additionally avoid risks related to fulminant value shifts. to realize the most effective out of staking, it's necessary to seek out out coins with the very best rewards. a bit like any typical commerce platform, the worth of crypto varies from one coin to a different. Choosing the foremost profitable is right in generating additional financial gain from your holding. Crypto staking helps you earn passive financial gain through staking on numerous coins. Therefore, it's necessary to see the foremost profitable coins before you choose to stake on any of them. For more about staking https://vcashpay.com/

 

[capcaypro]

Staking is actually very good but it takes patience for it and if you start here you must be prepared to hold coins for a long period of time, because in staking you have to be strong in holding and it takes quite a lot of time for you to profit. but this is better than nothing.
but if you want something else I think if you are good at trading why should you do staking because I think trading is better but if you are not good at trading then staking can be an option

[Chuky92]

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!

There are many opportunities and features in the crypto space in recent times now, and staking is one of them, actually it is becoming the next big thing nowadays as many coins now have staking capabilities, and you can actually stake a certain coin to earn another, so I would say from what has been obtainable for a long time now, Yes, staking is recommended.
Also, it would be very important to add that, although staking is recommended (maybe from my own angle), not all platforms are recommended for staking. That is, since it's about staking your coins, then that staking platform needs to be verified and genuine so that there won't be exit scam or security issues which will lead to loss of funds.
With this said, I don't know enough about the platform you want to stake your ETH, but make more findings to know how secure and genuine it is, then you can stake. Also, be careful of any platform that offers very high APR, sometimes they can be scams.

[Alanaz]

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.

everything is the same but for staking I think it will take more time than trading even though trading also sometimes takes time if you want to get bigger profits, but if you look at the rough picture, trading is more promising than staking because here we are free to do what we want. I want to trade and I also think it's simpler.
but regardless of which one is better both are very worth doing if you want to get a lot of profit

[aditasetia123]

Staking is actually very good but it takes patience for it and if you start here you must be prepared to hold coins for a long period of time, because in staking you have to be strong in holding and it takes quite a lot of time for you to profit. but this is better than nothing.
but if you want something else I think if you are good at trading why should you do staking because I think trading is better but if you are not good at trading then staking can be an option

if we are long term investors and trapped in bearish trend , maybe staking could be our choice. we will gain yearly yield from staking pool and also we will not panic if looking assets value. for conservative investors staking could be their choice to avoid losing money in trade.

[cabron]

Although the value of the token will keep going down, staking still and holding these tokens will give profit when the bear market ends. I still could recommend staking particularly to the investors with plans in holding for a very long time. If you compare staking to saving USD in the bank, staking is way beneficial for long-term investors.

Definitely, I recommend betting with DIVI as an ally to make it an easy-to-use currency, with use cases, a smart wallet for DIVI, BTC, ETH and LTC exchanges, it also makes staking easy to execute, which for me the makes one of the best wallets on the market and now listed on @kucoincom .... For all these reasons I will continue to do so.

DIVI isn't a project that has solid plans, it's not even a top project. I doubt it will gain more holders.

[chaser15]

I recommend staking but people have to understand the risks for it. There is also a chance that even staking for long, it won't give a good return.

As much as possible, before throwing money on staking, always do a hard research the same as how we choose our coins to trade.

It's not an easy passive income to be considered so it's a must thing to do to research deeply.

[Shasha80]

I recommend staking but people have to understand the risks for it. There is also a chance that even staking for long, it won't give a good return.

As much as possible, before throwing money on staking, always do a hard research the same as how we choose our coins to trade.

It's not an easy passive income to be considered so it's a must thing to do to research deeply.

I agree that staking also has the same risk as trading, so good analytical skills are needed, to be able to determine good coins for staking.
Choose the wrong coins, then we will definitely fail and lose money. It is not easy to stake, it requires experience and knowledge.
But if we can do research and analysis well, staking can become passive income that will make our money continue to grow.

[Xampeuu]

I recommend staking but people have to understand the risks for it. There is also a chance that even staking for long, it won't give a good return.

As much as possible, before throwing money on staking, always do a hard research the same as how we choose our coins to trade.

It's not an easy passive income to be considered so it's a must thing to do to research deeply.

I agree that staking also has the same risk as trading, so good analytical skills are needed, to be able to determine good coins for staking.
Choose the wrong coins, then we will definitely fail and lose money. It is not easy to stake, it requires experience and knowledge.
But if we can do research and analysis well, staking can become passive income that will make our money continue to grow.

in essence we do have to understand the risk, so that we are consciously staking. If we are lucky, staking has several advantages, but if we are not lucky then we have to bear the risk, especially for a certain time, the term is frozen assets, and we can see if high fluctuations occur.

[gurunanakji777]

I usually don't take the risk to stake my coins on any website or exchange whether it's genuine or not because I only trust my hardware wallet to secure my coins So I always control myself no to do staking because If the website scam us we will lose all Ethereum so I don't take the risk for a small amount of interest even its not much profitable for a small investor. If you have 40-50 eth to stake then you can earn good interest but the risk is always there if any mishappening there so due diligence before taking any decision.

[distr@yopmail.com]

I usually don't take the risk to stake my coins on any website or exchange whether it's genuine or not because I only trust my hardware wallet to secure my coins So I always control myself no to do staking because If the website scam us we will lose all Ethereum so I don't take the risk for a small amount of interest even its not much profitable for a small investor. If you have 40-50 eth to stake then you can earn good interest but the risk is always there if any mishappening there so due diligence before taking any decision.

from what you say I can see you are a holder. You don't like staking or trading because you prefer to keep your assets in your personal wallet. it is safer and without risk. but that's not what the OP meant.
the research will definitely be done for every action that is risking our money. such as staking itself, many people have done it and benefited from the investment made rather than just holding it in the wallet.
the problem is only in our trust in the staking system and site on a single platform.

I am staking CAKE and NMX myself. I will remain calm because what I use is the money from the campaign. it's not huge but I believe both platforms and their assets will not disappear in the market. Pancakes and nominex have developed quite well in the crypto market. no doubt for me.

[unusualfacts30]

Staking is a great way to earn passive income while hodling your tokens for long term. Use hardware wallet instead of exchange to get maximum security. I definitely recommend staking that comes with benefits of big rewards for stakers. It's not so simple, there are so many tokens that offers great rewards but some of them lose value even when you are staking. That's not really beneficial.

[breathlessz]

Like trading, staking also has risks. but indeed by staking the number of our coins will increase, we will get free coins, or passive income, but there are many cases where the price of the coin actually drops, therefore before we do staking, you should research the project so that the risk can be minimized

[aditasetia123]

Like trading, staking also has risks. but indeed by staking the number of our coins will increase, we will get free coins, or passive income, but there are many cases where the price of the coin actually drops, therefore before we do staking, you should research the project so that the risk can be minimized

staking will have risk if our coin price drop alot , and its return for staking could not cover price volatility. APY return depend on developers team , and good project only give less than 10% a year. Staking suitable for long term purpose which is price volatility will ignored , usually long term investors will use this strategy.

[finaleshot2016]

If you have a lot of ETH, I recommend staking since it will be simpler for you to get passive income each month because you have so much, and it will be beneficial while you wait for the market to rebound. But keep in mind that staking comes with a risk; it necessitates timing in terms of where you will stake your money because you cannot TP out your staked assets, especially during a market fall. So, if you have a lot of assets, go staking; if you only have a few, consider spot trading or investing more to make it more rewarding.

[laohe628]

If you're the kind of person who doesn't care about the price of the coins, but only the number of them, then the stake method is perfect for you. But if it's not, then you might want to think about it, because sometimes the value of the currency falls far more than the profit you get from it.

[Mahanton]

I think staking is very good when you still have capital and of course you apply it for long-term investment, because the results of staking will look longer than trading, do staking in a safe place and don't let you lose access to the assets you use for stake.

Then where you do stake out your funds? For sure it would really be into those 3rd party platforms which i dont really consider out the risk when it comes to that.You wouldnt know on when they would ran off with their investors funds which had been always the main issue when it comes to this unless those staking would really happen on your own wallet then that would be considerable but when you do leave out those funds into an exchange or some platform then its a big NO for me and i dont see for it to be worth for the risk.So i dont really recommend this stuff and to think about the interest that you would possibly gain in a year time
then it is really that worth? I dont think so,.. Simply holding earning is just much way more better.