What do you think about staking?

[Hypnosis00]

Staking is good passive income but you can only feel this one if you have huge capital since I tried staking before and seriously, I didn’t get that much so I stop doing this. Anyway, if you are staking with a great project then they might give you more bonus than the usual, just stake the money you can afford not to use in the next couple of months or days.

The same thing happen to me and I'd found it boring seeing no huge change in your funds. Maybe this is suitable for long-term holders who is just merely checking their account but have to be warned of the risk in staking and holding funds to the exchanger. That is being said that we don't take this seriously and make things rely on this because it wasn't safe. Yeah, we can make some profit but not that much.

2%, 3% returns? It was still good but not that good enough to make a huge profit at the end of the year. I'd rather have to invest in Bitcoin and wait for the moment when the price is up and sold them.

[carrigan]

Staking coins are often used as an alternative to earn extra income without using sophisticated tools. It can be said that staking coins is mining bitcoins without the need for sophisticated resources, so you can save the funds you have to a crypto wallter that aims to secure and increase the operational support of the blockchain network. When you want to start staking coins, what should you do? namely doing simple research on the types of crypto coin assets that roughly generate returns that are suitable for your needs. If you staking coins then you can get passive income without having to continuously mining or even trading on the crypto assets you have. Staking coins is also known as a type of activity that has less risk when compared to trading or mining. In addition, the advantages you will get are that it does not require computer components with advanced technology.

[Golftech]

Hi everybody

I wanted to talk about staking. In my opinion, this is a good way to increase assets that would otherwise just lie in the wallet. I recently tried staking on the NewsCrypto platform, the market situation is not entirely certain now, so I am trying to extract maximum profit from my assets.

Speaking of nws, I liked the fact that there are many different plans to choose from, I decided to try staking for 3 months to test the platform. But I think I was not mistaken about the decision. nws has a lot of positive news, and I think the price will only rise. What do you think about staking and do you use this feature?

Its really true that staking is a great way of earning .As you are so new on that before staking you have to find out the best and secured platform either you can loose your fund .The platform will give you a particular amount of return as APR base like Bank but here you can get the highest APR which is better than Bank .I like to do trade not to hold it and get interest for less return .You can really earn from staking but it is better to trade that's how you can get a good return within short term .You can choose your own before invest i just have given you a suggestion that's not an investment advise .

Using stable coins will allow you to generate passive profits. There's no doubt that it's sure money making

venues, the only thing that you need to think is the trust with the platform that you are going to use.

There are already people who are making good money from this kind of investment, small APY but the chance

of losing is much lesser. But aside from stable coin there are other assets that offer the same, the risk

level though is far higher, but if you successfully choose the right projects, APY is way better.

[SiNeReiNZzz]

I think staking is great. However, only if I can stake the corresponding coins myself using the corresponding wallet.
From experience, I don't trust platforms. Especially to store large sums of my money there for a long time.

Not your keys, not your coins!

I can recommend "Tron (TRX)" if you want to try staking.
The associated "TronLink-Wallet" is user-friendly, you can use it for staking directly and you have complete control over your private keys.
In addition, the coins are only "locked" for 3 days after you have staked them. after that, they can theoretically be used again immediately.

There are also other staking coins where you have to lock your money for longer time, before it's spendeble again....

[sana54210]

Well its not that bad to stake your crypto assets while you leaving your funds alone since it will grow little by little as long as you monitor the place where you staked. But there's still a risk if you use the stake option since investment means risk and your funds can gone in any minutes.

That's what I suggest about staking as well but some people worry about the price drop because of it. Like for example if I am going to own crypto and just hold it, why not get uniswap token and stake it?

I mean after all I am just going to hold as long as possible right? Might as well make some profit from holding as well. However, some people worry that if there is a staking option then it means it could get devalued because it may create some inflation.

What those people do not realize is that even bitcoin has inflation due to miners creating wealth every day, what is it right now after halving, 900 bitcoins a day? That's 50+ million dollars worth of bitcoin mined every single day. Do we see it crash every day? Of course not, sometimes it crashes, sometimes it goes up, which means that if that could be covered, then why wouldn't that happen with staking tokens?

That is reasonable fear, obviously the very high ones do not make sense because no matter how much there is of one thing, the inflation is not high enough to make it go too much higher, the rate of it getting staked to existence is not a lot, plus the amount that is coming out doesn't get higher with more people staking, it just gets shared but it is a set limit.

So, I would have to say that there is a good chance we could see those high level ones do not drop no matter how much is staked there, the profit could drop but inflation will not rise. However, there are also some crazy low level ones that give a million percent return per year, those do it for quick fame and people stake it right away and get out as quickly as possible just to make some quick cash. Those will drop, that makes sense actually and I could understand it.

[Sled]

I think staking is great. However, only if I can stake the corresponding coins myself using the corresponding wallet.
From experience, I don't trust platforms. Especially to store large sums of my money there for a long time.

Not your keys, not your coins!

I can recommend "Tron (TRX)" if you want to try staking.
The associated "TronLink-Wallet" is user-friendly, you can use it for staking directly and you have complete control over your private keys.
In addition, the coins are only "locked" for 3 days after you have staked them. after that, they can theoretically be used again immediately.

There are also other staking coins where you have to lock your money for longer time, before it's spendeble again....

There are two types of staking in Biance (as I tried their platform)
*Flexible -where you can withdraw your funds anytime
* Locked - that you need to set time when you withdraw your funds

I have to say that you can't make a good profit if you just have a small amount to stake, honestly. And the choice of coins to a stake is also important. But I have to suggest to choice flexible, it could somewhat smaller APY/returns compared to Locked staking but that was it gives safety to our side. Who knows, right?

[AmoreJaz]

I think staking is great. However, only if I can stake the corresponding coins myself using the corresponding wallet.
From experience, I don't trust platforms. Especially to store large sums of my money there for a long time.

Not your keys, not your coins!

I can recommend "Tron (TRX)" if you want to try staking.
The associated "TronLink-Wallet" is user-friendly, you can use it for staking directly and you have complete control over your private keys.
In addition, the coins are only "locked" for 3 days after you have staked them. after that, they can theoretically be used again immediately.

There are also other staking coins where you have to lock your money for longer time, before it's spendeble again....

There are two types of staking in Biance (as I tried their platform)
*Flexible -where you can withdraw your funds anytime
* Locked - that you need to set time when you withdraw your funds

I have to say that you can't make a good profit if you just have a small amount to stake, honestly. And the choice of coins to a stake is also important. But I have to suggest to choice flexible, it could somewhat smaller APY/returns compared to Locked staking but that was it gives safety to our side. Who knows, right?

availed both of those services in binance before. and you are very right, it depends on the coins that you want to stake as you may only be wasting your time. but for example, if you just want to earn some interest for your btc, and don't want to do any work, you can either put it in flexible or locked savings, for those who are thinking to get it anytime they want, they can opt for flexible. but don't expect you can get a lot from savings. just think that while waiting to sell your btc, you are adding a lil bit of satoshis. i prefer binance as for me, it is more secure than other exchanges owed to their insurance in place.
when it comes to staking other alts, you should really check the development progress of the coin, to see if they have good chance to make it good in the market. it is not about the % profit that you will get but sometimes the capability of the project matters as it will influence its value in the market.

[CryptocurencyKing]

Staking is one way to not just help yourself increase the quantity of your coin but then, to help your project as well. So, its more of a 2 way thing  than people know. In staking,you get to help the project farm the coin and provided needed liquidity in the market to ensure activity or growth on the coin. More activity could reflect in a price appreciation and as that, you still get to increase your coin and value of staked coin.

So, instead of just hodling, you could try staking to ensure, more value to your hodled coin. Its a win win for all that way. Though, you've hot yo ensure you ain't staking on a false platform, confirm informations, do proper analysis on the platform and be sure of a green before you go.

[Ararbermas]

Hi everybody

I wanted to talk about staking. In my opinion, this is a good way to increase assets that would otherwise just lie in the wallet. I recently tried staking on the NewsCrypto platform, the market situation is not entirely certain now, so I am trying to extract maximum profit from my assets.

Speaking of nws, I liked the fact that there are many different plans to choose from, I decided to try staking for 3 months to test the platform. But I think I was not mistaken about the decision. nws has a lot of positive news, and I think the price will only rise. What do you think about staking and do you use this feature?

yup staking is the best way nowadays to increase your money.. But i suggest must choose a trusted platform or sites when it comes staking your money to prevent losses because you know there are some fraud everywhere so be aware. . I suggest binance if you can afford to pass kyc, it's very safe to be honest and very informative when it comes project as well and for sure there's no scam on that platform.

[Digital_Lord]

I does not like Staking. Your fund are totally stuck their
 I prefer trading over staking. We can earn multiple time profit in trading rather than just wait for 1% or less daily.
Staking coin can go down due to market volatility but if trade on trends coin we can earn more.

[TelolettOm]

I personally like staking features once I can invest and also get APY at once.
But there are some things that I must pay attention before staking.
1. Platform must be reputable and trusted
2. APY or rewards are worthy enough
3. I have the coins to stake
I am doing it in some platforms moreover during bearish or market correction era.
But of course, pay attention also on how the market atvthat time and consider whether worthier for staking or trading at that time.

[OgNasty]

I like staking if it's a coin you're going to be holding anyway and it's on a reputable platform.  For example, I have ETH2 staked on Coinbase and I think it's great.  Currently getting 4.5% on my ETH and I'd be holding it there anyway.  Not to mention it's currently locked and can't be traded so it's an extra layer of protection from myself panic selling.  When you think that ETH is at times deflationary, and this is a trend that is likely to grow more frequent with future upgrades, the ability to earn interest on it is pretty amazing.  Those who have been holding lots of ETH from the beginning are likely to be quite wealthy if all goes as expected.  I wouldn't be surprised to see VB up there with Elon Musk if that happened.

[Mahanton]

I like staking if it's a coin you're going to be holding anyway and it's on a reputable platform.  For example, I have ETH2 staked on Coinbase and I think it's great.  Currently getting 4.5% on my ETH and I'd be holding it there anyway.  Not to mention it's currently locked and can't be traded so it's an extra layer of protection from myself panic selling.  When you think that ETH is at times deflationary, and this is a trend that is likely to grow more frequent with future upgrades, the ability to earn interest on it is pretty amazing.  Those who have been holding lots of ETH from the beginning are likely to be quite wealthy if all goes as expected.  I wouldn't be surprised to see VB up there with Elon Musk if that happened.

Opposite on what i do really think off because i cant really be that confident when it comes to putting my coins on a platform on which you couldnt really
be that sure that they would really last for a while and also the interest you've be getting isnt something worth or able to equal on the risk you do need to take.

STaking is good on others eyes and preference but not for me.Better to held off my coins on my own wallet and let the volatility would take place or in play on which you could possibly even earn more than on what they've been offering.

[alexsetiawan]

I think, staking is locking your crypto for a certain period of time. Staking is similar to having an interest at a bank savings account. Basically, storing our assets in a special wallet, then we get dividends from what we save.

[Woodie]

I think staking a is guaranteed way of earning extra coins on your already existing coins unlike the ordinary way of holding which only grows the value of the coins you have and not growing the quantity. So of the two staking is better deal though staking periods for most is quite long if you want to get a noticeable amount of coins, but am sure most of us could wait..

[ItsCrafty]

Staking is a beneficial way of getting profit as well and hence it has the ability to get more and more profit, But in staking you have to wait for months or even in some of the projects you have to wait a year too for the project and for your tokens benefit, its all depends upon the trader that in which sense he is going to stake is tokens. But I think it is a best way to use.

[arbifahrozy]

Staking is best way to generate a smart income we can earn from both side in staking like we stake any token for 3 month after 3 month token price also increase and we also got our staking reward so we get a great return from staking but always choose best coin for staking

[Obito]

You'll only use staking if the return is good enough because most of the time, the crypto that's available for staking isn't necessarily that good of a deal because most of them have a really low returns although there are some that have high returns but you got to have some money to get into it as some of them have a minimum amount. Maybe if you don't have any place for your crypto and you don't mind hodling for a long time, might as well stake it.

[ven7net]

Hi everybody

I wanted to talk about staking. In my opinion, this is a good way to increase assets that would otherwise just lie in the wallet. I recently tried staking on the NewsCrypto platform, the market situation is not entirely certain now, so I am trying to extract maximum profit from my assets.

Speaking of nws, I liked the fact that there are many different plans to choose from, I decided to try staking for 3 months to test the platform. But I think I was not mistaken about the decision. nws has a lot of positive news, and I think the price will only rise. What do you think about staking and do you use this feature?

I have tried earning money on staking a couple of times, but it doesn’t suit me, since I spend everything I earn on cryptocurrency for a living. Staking is a kind of investment, only you block part of your tokens and you are paid even more tokens for their amount. But it often happens that while your tokens are staking, the price of the token goes down and as a result, you simply lose the opportunity to earn immediately from the sale of these tokens. However, there are other situations when the token that you put on staking shows growth, then you get even more tokens, which means you can sell them and earn even more. It all depends on the correct decision made.

[Fivestar4everMVP]

What do you think about staking and do you use this feature?

Staking is a very good way to increase one's holdings instead of just allowing the coins to just lay there in the wallet doing nothing, I personally prefer staking to liquidity provision, though they both have their pros and cons, and I think one of the pros of staking is that it forces one to hold a coin or tokens one doesnt have any plan of selling early, though I know that some staking permit the staker to withdraw their stake anytime they wish, but I know that other forms of staking have a lock feature which locks the coins or tokens for the selected period of time before they are unlocked.
Another pros of staking is that, it does not have impermanent loss like it is with adding liquidity which makes it a great way to earn confidently without having to worry about loosing a portion of your asset to sellers and buyers.
Coupled also with the fact you don't have to own another asset to stake a coin or token like it is with liquidity provision where you have to have the same worth of asset you are adding liquidity against to add liquidity successfully...
Conclusions is, I prefer to stake my coins than add them to liquidity.