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Author Topic: What do you think about staking?  (Read 1573 times)
checkmatesir
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December 23, 2021, 06:12:32 PM
 #121

The problem with crypto investers is, they expect returns in X's, that too in a short period of time. 20% annual return is considered healthy in stock market, so if you're investing for a long term and getting 50% gains or so each year investing in good crypto projects that are fundamentally strong, you're a proud winner.

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December 23, 2021, 07:47:20 PM
 #122

The problem with crypto investers is, they expect returns in X's, that too in a short period of time. 20% annual return is considered healthy in stock market, so if you're investing for a long term and getting 50% gains or so each year investing in good crypto projects that are fundamentally strong, you're a proud winner.
We arent talking stocks on here and to think that the main reason on why most investors had jumped in into this market is on that volatility aspect which could really give out those chances and probabilities.

Its true that most of us do really expect on returns on short time basis thats why whenever we dont able to meet those things that we had anticipated then we do get frustrated.
Staking is something much better in terms of annual gains which is more than with those banks could offer.

Risk is higher though because you wouldnt know on how long those platforms would able to exist or lasts.

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December 23, 2021, 09:44:44 PM
 #123

The problem with crypto investers is, they expect returns in X's, that too in a short period of time. 20% annual return is considered healthy in stock market, so if you're investing for a long term and getting 50% gains or so each year investing in good crypto projects that are fundamentally strong, you're a proud winner.

Getting 20% is kind of sweet and looks very okay to me but the problem with crypto is that the 20% the market has struggled to get can get wipe off in a couple of minutes and you are back to where you started, that's cryptocurrency for you though the opposite can fetch you a huge return.
I don't blame anyone when they want a quick return in crypto, that's what we are used to and some were lucky to invest during the covid 19 crash and after that, the market began a rally that made them look like a pro Grin Grin
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December 24, 2021, 04:31:48 PM
 #124

The benefits of stacking can be realized when the market is declining. Moreover, stacking is basically a safe medium where you can get a fixed amount even if your assets are more or less. However, there is always a good platform for stacking on which your assets will be safe.If you keep your assets for getting high profit in unknown platform then you have the chance to lost everything. So you have to be careful to do this.

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December 24, 2021, 08:35:08 PM
 #125

there is always a good platform for stacking on which your assets will be safe.If you keep your assets for getting high profit in unknown platform then you have the chance to lost everything. So you have to be careful to do this.
About what are platforms you are mentioning here? I guess you must include the exact details about those platforms when you feel the assets will be safer into such platforms. I know few exchanges are providing such staking facility still I cannot recommend them here as I never test them personally.

Without having any personal experience, I guess it will not be a good practice to recommend anything to this community.
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December 24, 2021, 08:55:09 PM
 #126

Staking is the best way to get profits without trading because staking just fixed deposit . We can only check the fixed interest rate frequently after depositing some dollars on staking.
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December 24, 2021, 09:56:57 PM
 #127

Staking is the best way to get profits without trading because staking just fixed deposit . We can only check the fixed interest rate frequently after depositing some dollars on staking.
But staking does have its cons and one is lesser rewards or APY when there are lots of people had been getting in. Next, would be the risk on
those funds to be ran away since you dont have the keys of those wallets then tendency you would really lost up those amounts depends
on how long they would be lasting but there are still people who are really fan of joining up these staking events
for long term prospects.

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December 25, 2021, 05:19:23 AM
 #128

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?

Since that we are in the altcoins season period, staking is one of the best methods if we want our asset produce profit without doing any trading activity in any of the exchange, because we all know that almost all of the altcoins in the market was totally dumped their price value where the resistance is not changing instead it is only at ease in terms of the movement of the price.

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December 25, 2021, 10:43:12 AM
 #129

Staking is the best way to get profits without trading because staking just fixed deposit . We can only check the fixed interest rate frequently after depositing some dollars on staking.
Best way passively but among all of the ways in earning crypto, it's not the best for me. But who won't be happy getting some profits while you're doing nothing and staking it?

Just choose those wallets that allows you to withdraw anytime and you don't have any commitment of putting it into a locked savings/staking.

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December 27, 2021, 07:38:31 AM
 #130

Staking is actually a good idea, but still depends on which or what project you are going to stake. I staked before on some projects and on the first month I earned a decent amount of money but in the second month the price crashed for more than 80% I'm not really sure if that was rug pull or what but what I am saying is don't rely on staking if you don't research well the project.

It's much better to stake on a fiat currency and you can withdraw it anytime.

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December 27, 2021, 08:35:56 AM
 #131

staking is the best way to increase the amount in form of tokens with high APR. If you have want to hold any currency for a long term so best way to put in staking and get benefits with high amount without any risk. mostly investor like this option for a long term and take good benefits from there. so fist search best project after that you can stake the tokens to make more much money

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December 27, 2021, 09:50:17 AM
 #132

Staking is the best way to get profits without trading because staking just fixed deposit . We can only check the fixed interest rate frequently after depositing some dollars on staking.
Best way passively but among all of the ways in earning crypto, it's not the best for me. But who won't be happy getting some profits while you're doing nothing and staking it?

Just choose those wallets that allows you to withdraw anytime and you don't have any commitment of putting it into a locked savings/staking.
As I use Binance for staking, The flexible term will let you withdraw your funds at any time.
That you right, who will never get happy while doing nothing but it gains profit from staking? But, we have to be cautious about what exchanges we use when staking, I hope we don't fall into non-reputed sites, or else, it is our big regrets later. And it must be clear to what term we preferred to use and as well as the coin coz this will vary in terms and APY.
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December 27, 2021, 02:29:04 PM
 #133

Staking is good for good projects when the investor is looking at a long term passive income. Newscrypto is reliable and using a three months plan to check the system out for your self is best so you get the best experience and then decide either to extend or to withdraw to another exchange.  But not all projects are reliable enough to stake ensuring good research is done before staking and knowing how long to stake
I think that one of the best projects in crypto is staking, I did not know that there was a platform of that style, usually there are decentralized exchanges that offer very good profitability for coin staking, some of 450%, one case is Biswap where you can bet some tokens, and you can generate BNB, BTC or even another token, which does not seem bad at all and I think that it is in the correct parameters of association to generate passive income, of course there is always a risk, sometimes It's good to test out the low-cost sites and see how your reputation builds.

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December 27, 2021, 04:39:43 PM
 #134

staking is the best way to increase the amount in form of tokens with high APR. If you have want to hold any currency for a long term so best way to put in staking and get benefits with high amount without any risk. mostly investor like this option for a long term and take good benefits from there. so fist search best project after that you can stake the tokens to make more much money
Those with high APR are way riskier than the others. Because if the APR is too much, only a few are staking and if that's the case, it's mostly happening to those riskiest altcoins in the market.
The legitimate projects and altcoins are only giving those legitimate rates and you can't find with the newest altcoins that have an increased rates.

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December 27, 2021, 10:57:49 PM
 #135

The problem with crypto investers is, they expect returns in X's, that too in a short period of time. 20% annual return is considered healthy in stock market, so if you're investing for a long term and getting 50% gains or so each year investing in good crypto projects that are fundamentally strong, you're a proud winner.
Some crypto investors expect returns of more than 50% in a year, but that's only natural because crypto volatility is high and will not be the same as stocks. Even 10x or 100x returns are becoming commonplace in crypto.
But don't just look at the big returns, the losses to be received will certainly be bigger too.

 
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December 29, 2021, 01:06:11 PM
 #136

Staking is a good idea for a passive income, but I see some staking site that will let you buy first their coin before staking and afterwards crash although they offer a high APY. I think some staking site was really profitable over time but seeing some high yield staking was really tempting one but one of the risky one to invest with.

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December 29, 2021, 01:42:38 PM
 #137

Staking is the best way to get profits without trading because staking just fixed deposit . We can only check the fixed interest rate frequently after depositing some dollars on staking.
It has a fixed rate.

But the deposit depends on how much you're going to put. There's no actual fixed amount for the deposit and it's like deposit as many as you can. That's the logic in staking, the more you stake, the more that you'll earn.

And that's why it's like for the rich and the rich becomes richer because it's built on their advantage.

Someone who has to make a living from staking, I don't advise to do it because the rates are low if you become dependent on it.


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cheezcarls
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December 29, 2021, 01:53:27 PM
 #138

Currently I am staking some mid-term tokens like Kommunitas (KOM) to be eligible for private/public sale IKOs/IDOs, etc. I’m also planning to stake AXS later on as I believe that Axie may even go bigger next year. I’m also considering to stake CROs next year, as I am planning to get it’s debit card (which is a requirement).

Staking is great if you want to earn some passive income by just simply locking a certain amount of tokens and gain interest on it depending on how many months you lock them. But just like holding and trading, staking also has risks in which the price of the token is still subject to market volatility and it is very unpredictable.
martina14
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December 30, 2021, 01:39:32 AM
 #139

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 can't deny that staking is good, and one of this thing in which I think is good was Binance exchange where you can stake your coins and it will lock up for 90 days then after that it will be unlock and you get earnings for it after that happen of course. Aside from this exchange Biswap was also good for this matter in terms of staking.

Timmex01
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December 30, 2021, 10:55:39 AM
 #140

Staking is actually one of my favourite option in any project. It helps to earn more assets if I don't want to go into trading. I also like the fact that I don't have to do any technical analysis.
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