Do you recommend staking?

[Malam90]

I recommend staking because staking is a big source of passive earn for me. But it's not easy to find out a good project for investment there for staking. Staking in Pancakeswap, Babyswap, Cherryswap is good for passive earn. Many new projects comes but most of them are risky although they offers massive APR to draw attention of the investors and many go away after raising money.

They're risky.

Specially if the coin that you're going to stake isn't that popular but it's giving you high percentage of interest as you stake. There's the higher risk for those type of coins.

But if you're aware of it and with those swaps that you use, you still need to choose that has a reputation and got a better security.

Security is prime factor but those 3 swaps have already good reputation and we don't have control if those site got hacked like Polynetwork. No risk no gains here. I have earned at least 2x of my capital in the last two months by staking from Babyswap, Cherryswap. I also believe high APR is always high risky but if we can select and invest in right time, we can gain much like Babyswap's Baby tokens gave 3x profits recently and also staking rewards. I will recommend users not to invest for staking in new swaps or you may be victimized of scams most of the times.

[Insomnia family]

yes true, staking is a big advantage for those who start early because the APY percentage will be higher but at the same time I think it will be a valid solution especially if you are one of the long term investors passive income can give you financial freedom. but keep in mind also to bet on large exchanges usually offer a large percentage of profits. for me personally like staking on the BSC network, I mean staking on Pancakeswap and Apeswap.

[mumang siat]

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!

All forms of transactions will definitely get risk, either intentionally or not, but we can minimize this by first studying the transactions that we use, you also have to really know how to do it, I think everyone has prepared the steps in making transactions, even We will find the smallest level of risk anywhere, so any form of transaction is definitely risky, whether using ethereum, BlockFi or others.

[sarmrakib]

I recommend staking because staking is a big source of passive earn for me. But it's not easy to find out a good project for investment there for staking. Staking in Pancakeswap, Babyswap, Cherryswap is good for passive earn. Many new projects comes but most of them are risky although they offers massive APR to draw attention of the investors and many go away after raising money.

They're risky.

Specially if the coin that you're going to stake isn't that popular but it's giving you high percentage of interest as you stake. There's the higher risk for those type of coins.

But if you're aware of it and with those swaps that you use, you still need to choose that has a reputation and got a better security.

Security is prime factor but those 3 swaps have already good reputation and we don't have control if those site got hacked like Polynetwork. No risk no gains here. I have earned at least 2x of my capital in the last two months by staking from Babyswap, Cherryswap. I also believe high APR is always high risky but if we can select and invest in right time, we can gain much like Babyswap's Baby tokens gave 3x profits recently and also staking rewards. I will recommend users not to invest for staking in new swaps or you may be victimized of scams most of the times.

Staking is one of the best way of earning cryppto .It is a passive income though you can earn a lot .You have said that you have earned a lot from by staking Babyswap .I think we need to select the right platform where we wanna stake our coin .Its need to be more secured and trusted as well if not you can loose your valuable investment .So before stake we need to cjoose the right platform .I always reccomend to stake the reputed coin or top coin where you get a good APR .

[Plinteng]

Before you stake, my advice you need to check if the site is a good and safe place to keep your money for a long time. I will direct you to visit the Apeswap site. decentralized exchange gives higher APR, why not consider it, currently i bet my BANANA coin on apeswap finance which gives me big reward why not you?

[Ronzybloch]

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

Bro ,  staking is 100% intreset and interest is haram in islam , as a muslim i will never recomende to you about staking ,  and by the way  If there is  a market crash, and you have stake your any coin,   then the value of your holdings could decrease so it's beter not to stake .

[LordMiguel]

yes i recommends staking because it is a very good means of investment. every financial industry has a staking process where u can stake your accet. but traditional and digital investment has staking opportunites. recently, staking rewards, a website that promotes staking shows a review between staking traditional and digital investments. it was clear that digital access like crypto offers more opportunities.

[Golftech]

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!

All forms of transactions will definitely get risk, either intentionally or not, but we can minimize this by first studying the transactions that we use, you also have to really know how to do it, I think everyone has prepared the steps in making transactions, even We will find the smallest level of risk anywhere, so any form of transaction is definitely risky, whether using ethereum, BlockFi or others.

If you don't have further knowledge then risk is much greater,

It's true that with good understanding your chance to succeed is way high,

just needed to widen your resarch if your really wanted to lessen the chance of losing your money and risking
your investment.

internet have a lots of resources to find information about things that you wanted to understand much deeper, do your DYOR.

[rjsolutions28]

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!

Staking is a lucrative investment. There is little risk since staking means holding the token. My go-to Staking Platform is Defi Magic. Their APR, APY, yield is absolutely green and it is a great project. I recommend you check it out.

[faithupgrade]

Theres a cons and pros for staking. But so far whether it is bull run or bear season. If you stake in ETH, you have an assurance that the coin invested their will surely get profit later.
Some things I learned over the years from staking.

1. Staking is very profitable during bull run.
2. Checkout what you are staking. Specially the low cap ones. There are plenty of garbage coins to stake in Polygon network..

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!

[Rikotin]

yes, staking is an alternative to earn extra money. in my case, staking I use as my passive income every 3 months but if I am pressed for money then I will withdraw it once a month. and this is really real I have set it since the end of 2020 until now and I use CAKE, AXS, BANANA, BUNNY. even income from staking equal to 2x of my income in the real world. This is very fun

[Ryker1]

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!

Staking is a lucrative investment. There is little risk since staking means holding the token. My go-to Staking Platform is Defi Magic. Their APR, APY, yield is absolutely green and it is a great project. I recommend you check it out.

Well that is what we called here a playing safe in the market while holding you are gaining from the platform where you stake your asset.
Staking is less risky but it is also less of making a profit, there is no potential that it could earn a big amount in just a single day. All you have to do is to wait a month or year for making a profit and the risk could be if the exchange platform where you trust your money will perhaps shut down in the future and there is nothing you can do. In my own, staking is good but you need to choose which exchange is trusted.

[dhemasm]

Bro ,  staking is 100% intreset and interest is haram in islam , as a muslim i will never recomende to you about staking ,  and by the way  If there is  a market crash, and you have stake your any coin,   then the value of your holdings could decrease so it's beter not to stake .

Umm, Basically i'm also islam but this it's not suit to discuss it here since not all members all here was muslim. Some altcoin especially ETH, BNB, TRX, BTC have low risk comparing to other altcoins and the rates that offered was also high so it was really worth to stake, I mean where is the bank that offering more than 5% Interest rate. If you want more safer than you should try some USDT or any stable coins staking options, Some exchange like Binance and Kucoin so far i know it's offering this but it's have limited slot.

[TastyChillySauce00]

Many new projects comes but most of them are risky although they offers massive APR to draw attention of the investors and many go away after raising money.

This is why it's important to choose the best project for staking. Massive APR can be used for marketing and to draw attention of the investors but it can also become gimmick. However if we stake in a reliable platform and stake for the best project available, it prevent us from losing and give expected rewards. Only choose a project that's already popular for staking like AXS or also PYR since they already have markets in my opinion, therefore it has really small chance of making us losing our staking.

[Melignya]

Found a good article on the subject, I think you'll find the information you're looking for here https://blockster.com/blockdesk/1410_can-staking-lose-your-crypto

[mumang siat]

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!

All forms of transactions will definitely get risk, either intentionally or not, but we can minimize this by first studying the transactions that we use, you also have to really know how to do it, I think everyone has prepared the steps in making transactions, even We will find the smallest level of risk anywhere, so any form of transaction is definitely risky, whether using ethereum, BlockFi or others.

If you don't have further knowledge then risk is much greater,

It's true that with good understanding your chance to succeed is way high,

just needed to widen your resarch if your really wanted to lessen the chance of losing your money and risking
your investment.

internet have a lots of resources to find information about things that you wanted to understand much deeper, do your DYOR.

That's right, it takes sufficient knowledge to enrich knowledge and understand the level of risk that will occur in the future, if we do not have that knowledge, it is very likely that we will experience big risks.

Research also needs to continue to be carried out, to understand the current conditions and reduce the risk of losing money on previous investments, if all of this we can do well, then the chance of loss will be very small in the future, currently there are many internet providing the latest news, maybe This can also be used to add insight.

[Ulvajaya]

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.

That's right as you think, because then we are safer and don't need to be wary of losing our Ethereum, and I've also done that so we can get bet rewards from these tokens and the assets we keep

[MauJohn21]

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 could also consider staking with Divi, not only is it still a good alternative to generate passive income and thus increase investment, but its technology is one-click so it facilitates the whole process.

[Benefactor]

You generally need to recall that assuming you need to stake them there you need to send your coins there and with that there is consistently a danger implied. Trades can be hacked and this might actually prompt a complete loss of your coins. It additionally gets your venture and keeps you from not investing it during distressing energy.

[Pelana vreo]

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 can staking on Binance, Atomic wallet or MEW, there are many options but if you are looking for high APR then it is difficult for you to get, because on average staking gives you 10% and I think that's good.
Btw, you can stake other coins on the Binance exchange, earn passive income and increase your portfolio for long term profits. DYOR