Do you recommend staking?

[Silver80]

I haven't tried it but if you have a little more you should play at a tesmi place like https://ethereum.org/en/eth2/staking/

[Danslip]

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

It doesn't matter you are making investing, trading and staking have risks, but staking has more risks than both of them, and more than that you can make great money from investing or trading if you spend enough time. However it is something different about staking, it depends on your chance, if you are a really lucky man, you can earn money from staking.  Unless you have no experience in trading, better to learn the secrets of trading cryptocurrencies before trying your luck on market. The gambling version of trades is not good idea if you don't know what you are doing.

[tabas]

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.

And there are exchanges that offers staking and this is being chosen by many investors. It's fine on their end but they don't realize that they're not holding the private keys for those coins that they've put into staking into an exchange.
We've got a lot of options if we want to stake our coins. I get the idea that since we're just holding it, it's also better to put it into staking but make sure you hold private keys but for me, it won't matter and I'll choose to hold.

[iged_war]

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.

staking reward unworthed if price drop more than this return. And also dont ever fully trust to project that offer high yield staking reward. Just look at Merlin Labs which is offer High APY but unfortunately its cease their operation or exit scam. personally i am prefer staking on stable coins in binance exchanges, its more safe than other coins.

[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.

Absolutely,  it's not easy to  pick the right  token  to invest and stake your money,  it requires  good understanding  and patience with lots of time  to spend  working  with your chosen asset.

The deeper  you dig with the project  the better  you select  which coin to use for your staking investment,  never  to rush with your participation it will only  leads  you to fail  project.

It's sad to know that more and more people are choosing coins for staking based on other people's opinions. Because they don't want to
spend time doing research and analysis to choose coins, this is what ultimately makes us not get the maximum profit or it could even make us
invest in failed projects. It is true that we should not rush to determine coins for staking, it takes patience to choose the right coins.

[bitcoguru]

I do not recommended personally because there are few risk of staking crypto. Staking has been made possible by the Proof of Stake (PoS) consensus algorithm, which emerged as an alternative to Bitcoin’s energy-intensive Proof of Work (PoW). Here are some risk - Market risk , liquidity risk , lockup periods, reward duration, validation risk,  valiyor cost, risk or theft.

https://vcashpay.com/

[Seyifun]

Though before, I don't like staking, but as of now I tested the staking, I think it's good, but what I felt is that one just need to be careful before staking; as to the return of staking and the utility of the project, should be the basis before staking.

[carlisle1]

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.

And there are exchanges that offers staking and this is being chosen by many investors. It's fine on their end but they don't realize that they're not holding the private keys for those coins that they've put into staking into an exchange.
We've got a lot of options if we want to stake our coins. I get the idea that since we're just holding it, it's also better to put it into staking but make sure you hold private keys but for me, it won't matter and I'll choose to hold.

A need of deeper research to entrust your money to the exchange, for sure many are using
Binance due to it's popularity and if you really going to invest not only your money but also your time,

there are good potential that you'll be able to catch up the right project to stake your money, passive income if you pick the right asset to support.

more on taking focusing with what the project is offering and how the development progress and attract the investors.

[bhadz]

The staking eth that we have is indeed profitable for a period of time. but you should be careful in doing it. Don't risk the eth you have actually cause you to lose your eth..

I don't think that it's profitable. There's a little profit but compare to what we're hoping to be a promising profit, it's far from that. The rewards that will be shared through staking for Ethereum soon once it's already PoS will become lesser.
The more that will stake their Ethereum, the lesser rewards will be distributed to everyone.

[coin-investor]

You can stake ETH at https://ethereum.org/en/eth2/staking/ and become a validator for ETH 2.0 but you need 32 ETH

32 Ethereum to stake are for whales if you have less than 32 Ethereum like I do I recommend staking using a pool

https://ethereum.org/en/eth2/staking/#stake
But when checking the best company to stake be sure to do your diligent research

Do your own research
None of the listed staking services are official endorsements. Be sure to do some research to figure out which service might be best for you.

These are the list of projects that are offering staking services, pick what suited you and do your own research

https://beaconcha.in/stakingServices

[sirminesalot]

I do not recommended personally because there are few risk of staking crypto. Staking has been made possible by the Proof of Stake (PoS) consensus algorithm, which emerged as an alternative to Bitcoin’s energy-intensive Proof of Work (PoW). Here are some risk - Market risk , liquidity risk , lockup periods, reward duration, validation risk,  valiyor cost, risk or theft.

https://vcashpay.com/

It depends how and where you stake your assets. If you stake your money to binance or ethereum for ethereum 2.0 i'm sure it will be safe and profitable in terms of assets itself because those are high reputation coins and the holder of those platforms are huge numbers of people and wallets. So it will back again how and where you stake your money into

[blockman]

I personally favor investing in staking. It is a very safe investment. Even if the amount of profit is less here, your money is not likely to go away at all. And I have made and am making a lot of money through staking.

Unless you don't do staking on exchanges. It's safer to do staking not on exchanges but if you have a coin that's good for staking, search for which wallets support it for staking. The wallets that you can hold the private keys and you have access on it. Unlike in the exchanges, they don't give you that and there is staking support in Ledger wallet, which is one of the most popular hardware wallets that we have. You can start staking your coins there as long as it's supported by them if you own one.

[Gayong88]

In my opinion, staking is good, but there are many things that must be seen if the tokens/coins that we want to locked staking and if suddenly, arrive at the pump you can't sell them quickly, my advice is always to see where the market is going and wait for the right moment to enter the market.

[lumeire]

Wouldn't it be better if you staked on Binance? although the APR is small, the risk of losing coins is very small and of course if you are looking for a high APR it usually occurs in some newly listed tokens or some tokens that are currently hype, if for BSC many pay a high APR but all risks can certainly happen.

I don't trust exchanges for my own coins, I prefer to stake the tokens on a private server as if it gets hacked then it would be because of my own mistakes and no one else would be responsible for my loss. But if Binance gets hacked due to any fault then we would be the ones loosing the coins.
I personally invest and stake those coins which are already established, even if they have very less staking rewards but still they would yield good profit in the future as my bag is being bigger in size with time and the value of token would also increase with time as well.

[Nazmul012]

Staking isnt a bad idea as you can see people doing their staking ad earning good APR from it after end of required timeframe.Even I had done ether staking on private server but that was long time ago and can't remember the full process at this time but you need huge amount of ether of you want eth staking but i only give private server more priority than exchanges

[Balmain]

Staking with the pos system is good, but you need to evaluate the project you will invest very well.I don't really like the pos system because I think they are centralized in this way, at least we can say semi-centralized. For now, we can say that it is valid in the time we are in, but will this be considered valid years later?

[Text]

I think it's better to stake Ethereum if you aim to HODL for long-term investment especially if you have a large amount to stake.  In Binance there is also Staking, their Binance Earn, so far up to 21.6% Est.  APY to ETH 2.0 in fixed duration.  Your coin is safe especially if you are on a trustworthy platform.

[lumierre]

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!

Personally I stake my crypto in different pools and in different projects. I think staking is quite safe if you find a reliable place. I don't have an experience with staking Ethereum, but in terms of altcoins, I really like puncake swap, which offers quite a big APR and fees are very cheap on BSC compared to Ethereum mainnet. Also I can recommend Uniswap for ETH, although I haven't worked in it because of fees.

[RussianEnglishTranslation]

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!

Yes, but on decentralized platforms or wallets, not centralized services that can steal your funds or block you due to regulations or something as trivial as a wrong phone number. I'm staking ETH and NEAR.

[barabeku]

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!

If you strongly believe in Ethereum you can try Ethereum 2.0. staking. And now you are not to have at least 32 ETH and you even can return your money from staking earlier than Ethereum 2.0. launches. It is available because of different new projects, now I will tell you how.
To become a validator you can:
Launch your own node by staking 32 ETH;
Via non-custodial validators (p2p.org);
Via custodial services (crypto exchanges);
decentralised pools.
 Lido creates an on-chain asset, stETH (staked ETH), which is issued in exchange for ETH sent for staking on Eth2. stETH can be bought, sold and used as collateral in DeFi protocols, increasing capital efficiency and the ability to generate increased income. So your Ethereum will not be locked.