How good is staking coins?

[LastKiss]

Staking is just put your money on certain thing to hope to get interest and forget it for next few years. If you are looking for "big" income with staking coins then it's a misleading idea and not for that type of benefit. But, just for some side income that you don't even bother to check it time by time then it would be a great idea to stake some of dogecoins of yours.

I agree that staking won't give us a big return unlike when we invest in altcoin and get 2x ROI in a few months but at least we can keep our portfolio stable when a bear market happens so you will be ready to buy another dip with your capital + profit from staking. Also staking does not require a lot of effort to do just keep in mind that any kind of investment will have a risk.

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[Sir Legend]

Many staking offers give APY up to thousands of percent, but I recommend studying in detail with the coins we will staking, because most safe staking are strong coins even though they provide small APY even on Binance if we are staking bitcoin, BNB, Cardano or the like. others only get about 8% APY.

[dlightag]

The Cryptocurrency industry is a function of having enough fund, before thinking of staking of coin for a daily little profit it need capital, for higher rate  annually return invest, which is chance of profits or lost after a long time token unlock from staking platform. Because the coin may be Dip below the initial buying price, by automatically depreciate after a long term holding.

[d3nz]

some of the altcoins at stake are not all good. look back at the liquidity of those altcoins. Staking can give you an advantage, because staking is a very good way for us to use crypto. if you are risking it is the same as trading, you should be able to re-analyze the state of the market.

There are a lot of altcoins that are really good for staking and worth keeping for the long term and the only thing is the percentage you will get every day. That is why checking the APY or APR rewards on trusted exchanges or website is a must.

Exchanges also provide locked staking for 30, 60, and 90 days which has big APY or APR rewards than regular staking.

I think the best for me to stake today is BNB and AXS.

[sulendra12]

Staking is just put your money on certain thing to hope to get interest and forget it for next few years. If you are looking for "big" income with staking coins then it's a misleading idea and not for that type of benefit. But, just for some side income that you don't even bother to check it time by time then it would be a great idea to stake some of dogecoins of yours.

I agree that staking won't give us a big return unlike when we invest in altcoin and get 2x ROI in a few months but at least we can keep our portfolio stable when a bear market happens so you will be ready to buy another dip with your capital + profit from staking. Also staking does not require a lot of effort to do just keep in mind that any kind of investment will have a risk.

Yep, that's pretty much it. When the bear market hits just like we have currently experienced these days. I do think that staking is good to keep our portfolio and make another step once the market is recover in the future. Just make sure to spare the coins for trading just in case you want to and store the rest for staking for some passive income of your coins.

[Wildwest]

Risking and wanting to get a big reward on a coin is very dependent on the coin we hold, and the profit we get certainly varies because not all the coins we hold raise occurs simultaneously, then this is very rare to be talked about by every investor, then risking potential coins is certainly the choice of many investors because the profits that will be obtained must be satisfactory.

[vanesha]

It depends on the conditions and what coins you want to stake. Talking about dogecoin, for the future I think dogecoin already has the potential to change itself from a meme concept to a utility, of course that means it is very good to hold. Well, here is the benefit of staking, when we hold large amounts of coins for a long time, the staking feature is useful for developing it with a platform that already has interest rates in it, it's just a matter of how we believe in Dogecoin or want to take passive income from staking only.

[Pamadar]

Staking is just put your money on certain thing to hope to get interest and forget it for next few years. If you are looking for "big" income with staking coins then it's a misleading idea and not for that type of benefit. But, just for some side income that you don't even bother to check it time by time then it would be a great idea to stake some of dogecoins of yours.

I agree that staking won't give us a big return unlike when we invest in altcoin and get 2x ROI in a few months but at least we can keep our portfolio stable when a bear market happens so you will be ready to buy another dip with your capital + profit from staking. Also staking does not require a lot of effort to do just keep in mind that any kind of investment will have a risk.

Yep, that's pretty much it. When the bear market hits just like we have currently experienced these days. I do think that staking is good to keep our portfolio and make another step once the market is recover in the future. Just make sure to spare the coins for trading just in case you want to and store the rest for staking for some passive income of your coins.

You need to have a good plan when taking your investment, staking while the market still bearish may give

you good compensation once the bull starts to bounce back. You are not just gaining from the staking rewards but the value
of your assets also increase, a matter of how well you are in sorting the right assets to hold for your staking and how long
you are willing to patiently hold to earn decent to huge amount of benefits.

[fzkto]

It depends on the conditions and what coins you want to stake. Talking about dogecoin, for the future I think dogecoin already has the potential to change itself from a meme concept to a utility, of course that means it is very good to hold. Well, here is the benefit of staking, when we hold large amounts of coins for a long time, the staking feature is useful for developing it with a platform that already has interest rates in it, it's just a matter of how we believe in Dogecoin or want to take passive income from staking only.

You are correct in saying that staking is good for those who have a lot of coins, because the percentage of staking in that case is very good. But for those who have few coins, the process is unprofitable, because the price of the asset drops because those who have a lot of coins sell their rewards. I would not hope that such small rewards will ever be worth much. Most likely on the contrary, the price of such coins will be even cheaper.

[GigaBit]

Stacking is the act of holding on your asset for a specified period of time and receiving passive income. Basically the market is lower level. Currently earning by staking is comparatively much higher. I think this is a good opportunity for passive income.

[saladin7000]

whether or not a coin is good for betting, it depends on the coin you hold, if you hold a coin that has great liquidity and potential, then you will have a good chance of being able to earn high profits in the future, but the factor market growth also greatly affects your income in crypto, therefore hopefully the crypto market will improve in the future,

[lousie9]

Staking on coins does sound pretty good to do, especially if we only hold a coin to continue to grow on a platform, but is staking the right thing? well if we just want to hold the coin for the long term then staking is better than we just keep it in the wallet without getting any benefits but we also have to be more careful when we want to stake on the platform so that we don't get a scam platform.

[n0trub]

I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be......

I think Doge token staking is still very worth it because so far the price movement of the Doge token is still relatively stable so if we put the token on the staking platform it will be very good when we want to keep the Doge token in the long term, then how much will we get of staking all depends on the size of the tokens we stake because the bigger the bigger the percentage generated.

[juanda]

I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be......

in my opinion staking is a safer way to earn coins than others. but the coins we get are not much from staking results within 1 month, because I have tried it on several websites to generate some coins through the staking program. and this is very promising. and most importantly you don't go wrong because many places that provide staking have been scams.

[batang_bitcoin]

in my opinion staking is a safer way to earn coins than others.

It's true that it's safer because you don't have to trade and it's just like holding it.

but the coins we get are not much from staking results within 1 month, because I have tried it on several websites to generate some coins through the staking program. and this is very promising. and most importantly you don't go wrong because many places that provide staking have been scams.

And that is because they have percentage per annum profit and it varies from the coins that you'll stake. That's the return of it, low risk and low reward. Earning in staking varies from the APY that the platform offers every coin that they support. Unlike mining, you don't have to spend for mining equipment that will cost you much and mostly for altcoins mining, you need GPU. What's good today with it is that the GPU prices are going down and that's the impact it gets because the crypto market is also down that's why prices react just as it usually do. And if you're problematic of the platforms where to stake, there are several options that you choose, one of them is on mycointainer.com. Just like the known staking platforms, they've got various assets to choose from and just always check the policy of staking platforms that you'll choose.

[makishart]

I think everyone that willing to stake their capital and investment for staking with long time period in order to make some great returns should think in regard of the volatility that could eats up their generated returns from the staking since currently the trend is still looking grim.
It's unlike in bullish where staking could also get your investment increase in value, most of the time right now majority of coins are losing value, therefore it's gonna be hard decision in staking with locking period since there could be meaningless

[Mahanton]

I think everyone that willing to stake their capital and investment for staking with long time period in order to make some great returns should think in regard of the volatility that could eats up their generated returns from the staking since currently the trend is still looking grim.
It's unlike in bullish where staking could also get your investment increase in value, most of the time right now majority of coins are losing value, therefore it's gonna be hard decision in staking with locking period since there could be meaningless

Not bad on staking on bear markets and since we know that APY percentage is considerable compared to banks then you would able to accumulate in equivalent in todays price and when the value increase then you

would definitely earning more than on what you have anticipate which is the pros of staking but of course it would really same goes when the market turns out to be bearish or declining even more.

The only thing i dont like about staking is just too long for us to wait but its a personal choice since there are people who could really deal up with long term investment.
Just mind off about the risk and if you could bare out on the risk then go ahead and invest.

[fuer44]

I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be......

everything will depend on how much you put your funds for staking or farming. based on my experience farming on nominex, i have put in $300 and now the asset i get is 0.2 nominex per day. the value can be said to be small and indeed must include and greater.

for staking, which I know we will get 15% of the presentation of the funds we invest there. i just tried staking at nominex put in $11 and i checked in one month i got an estimate of $1.

[Pamadar]

I think everyone that willing to stake their capital and investment for staking with long time period in order to make some great returns should think in regard of the volatility that could eats up their generated returns from the staking since currently the trend is still looking grim.
It's unlike in bullish where staking could also get your investment increase in value, most of the time right now majority of coins are losing value, therefore it's gonna be hard decision in staking with locking period since there could be meaningless

Not bad on staking on bear markets and since we know that APY percentage is considerable compared to banks then you would able to accumulate in equivalent in todays price and when the value increase then you

would definitely earning more than on what you have anticipate which is the pros of staking but of course it would really same goes when the market turns out to be bearish or declining even more.

The only thing i dont like about staking is just too long for us to wait but its a personal choice since there are people who could really deal up with long term investment.
Just mind off about the risk and if you could bare out on the risk then go ahead and invest.

Yes, there are people who understand and are willing to take the risk of waiting for a longer time.

They are aware that if they can hold and earn from staking, there's also a chance that the amount or the value of the coin they are
holding will rise and bring them more benefits.

Staking is a personal choice of some investors who deal with their research. They are good at waiting and earning from the stake rewards.

[strunberg]

I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be......

in my opinion staking is a safer way to earn coins than others. but the coins we get are not much from staking results within 1 month, because I have tried it on several websites to generate some coins through the staking program. and this is very promising. and most importantly you don't go wrong because many places that provide staking have been scams.

maybe its moderate strategy to get moderate return too. Alot thing should consider when we want stake our coins, make sure its trusted platform and also our coins was good project with alot benefit when we stake it.