How good is staking coins?

[KennyR]

Staking is good, when did with the potential coins. Nowadays we've got more coins with the staking feature, but that doesn't mean those coins are all highly profiting. We should analyse and invest. For users who wants a risk free earning, and never want to keep on trading could opt for staking. This helps with the increase in the holding volume with time and when market turns bullish we'll have a good return out of the investment.

[BuNga_cute]

Staking is good, when did with the potential coins. Nowadays we've got more coins with the staking feature, but that doesn't mean those coins are all highly profiting. We should analyse and invest. For users who wants a risk free earning, and never want to keep on trading could opt for staking. This helps with the increase in the holding volume with time and when market turns bullish we'll have a good return out of the investment.

Staking is good to do as you said as long as we choose potential coins and also choose platforms that have a good reputation. But never expect
to be able to make big profits like we can make from trading, because staking provides a low interest rate, so the profit generated will not be
too large. Unless the coins we are staking the price suddenly pump, of course it will generate a large profit. Moreover, staking has a low risk if
we compare it to trading, so if we want to get passive income staking is a pretty good choice. Moreover, if we compare it to investing in bank
products, staking coins will be much more profitable. Because usually deposits at banks have lower interest rates than staking coins. Therefore,
I am no longer interested in investing in bank products and only leave fiat to meet my daily needs.

[Lambe Ndumble]

Staking is a good strategy for earnings, it can be said that more than 50% of new projects always offer staking, especially now that there are also many rebase projects that provide rewards only by storing or holding on the wallet without doing anything, some of the apt meal project that I follow gives a good rewards.

[uneng]

I think staking is a better thing than just storing coins in a wallet, we can get high APY, especially new coins that can give APY up to hundreds of percent, and until now I'm also staking a lot of altcoins because I have long term goals, until now I staking more than 10 altcoins, MATIC, TRON, CAKE, FTX, BNB, Uniswap and so on.

If a currency offers returns up to hundreds of percent there is something very wrong with this currency. When you see an offer like this you can expect the currency's price is going to decrease in the same proportion of the APY promised or even more. Therefore, these are high risk investments much more dangerous and volatile than average crypto investments paying few percent annual interest, usually up to 8% APY.

[hashrateproducts]

Staking is a good strategy for earnings, it can be said that more than 50% of new projects always offer staking, especially now that there are also many rebase projects that provide rewards only by storing or holding on the wallet without doing anything, some of the apt meal project that I follow gives a good rewards.

Staking offers good rewards without stress, although it all depends on the type of coin one is staking on. Staking on top Coins like Bitcoin when is was at $18k and now at $24k would be yields enough profits for one to start another or open position. Perhaps investors don't depends on staking as some see it not good enough for a start for them, because they believe in only trading and opening futures will yields them profits to their portfolio. In these days, I would put in some coins on staking.

[cute nmp]

Staking is very profitable sometimes more than investing in new coins .I have been staking some of my coins instead of just keeping them ideal you can easily make huge profit from them. Nowadays there are many platform that offer staking program one should choose the good ones that gives profit but personally i prefer to stake stable currencies cause they don't loose value at all and their is no risk.