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Author Topic: What is the safest coin to stake?  (Read 746 times)
batang_bitcoin
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February 21, 2022, 07:45:38 PM
 #41

Wouldn't it be a stable coin like usdc or usdt? 
Yes, it's safe to stake those stable coins. But the question is on which platform it's going to be safe? Choose the platform where you'll stake those stable coins.

Staking on several coin is sometimes not the main choice but when the price drops have to stake without any other option except holding, now I loss much with zilliqia coin and holding is main purpose beside still have staking after Binance exchange support for Zil coin. But if you not loss here is not good earning give by Zil coin for staking, under 20% APY I think is very small reward for staking coin, maybe you can see on Binance have several coin give above 50% reward as staking.
IMHO, it's not a good choice to stake for so many coins. You either choose one with a great amount to stake or you just hold it. Everyone who knows the idea of staking would agree that if you're going to stake a small amount, you better hold it. And if you're too much diversified in staking and you have a lot of coins in there, you'll still earn a little from each of it but I don't find it worth it even if you combine the profits you're making for all of them.

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February 22, 2022, 10:57:41 AM
 #42

you can directly check here in Binance in which coin is good for staking

https://www.binance.com/en-AU/my/dashboard

just try to find the highest offer and the longest available time of staking.

Safest is what you want right? so that is the safe and reliable place to stake as i have been in those process for months and yeah Binance is generous to bring profit to me.

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February 22, 2022, 11:19:43 AM
 #43

The top 10 cryptos today are clearly very different from the top 10 cryptos a few years ago. The world is constantly evolving, crypto is also constantly evolving. Ethereum a few years ago became the most used altcoin in large projects. Currently Ethereum is the most complained about because of the high cost of gas.
Investing in crypto is good, but not good if the goal is too big considering the current state of the crypto market is not stable.
Of the ten types of coins that are on the current list of top cryptocurrencies, only three coins have never changed their position and that was also seen very often in the past even though the market conditions corrected greatly, and the problem of large transaction gas fees on Ethereum also did not make it difficult for him to trade things develop and stay in a good position till now.
You can see all three in the image below;
(Bitcoin, Ethereum, & USDT)

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February 22, 2022, 09:43:30 PM
 #44

The safest coin to stake is actually a personal decision because there is no standard empirical measure to get the right answer.

I'll say that you should stake the coins that you're most interested in hodling, which coins get your attention and you want more of it and you are ready to hold for a long period, that will give you your answer.

My top coins may be your shitcoins so I would suggest you simply stake the best of your top coins.

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February 23, 2022, 03:51:09 PM
 #45


You will only be safe in staking altcoins if you have a lot of money to spend from the beginning. If you invest like $100k you will earn substantial.amount per epoch(5days) lets say you try Cardano (ADA).

One that I regret was when I tried staking just 600 EOS but everyday I only earn 0.04EOS everyday so thats now a good return.
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February 23, 2022, 10:56:51 PM
 #46

The safest coin to stake is actually a personal decision because there is no standard empirical measure to get the right answer.

I'll say that you should stake the coins that you're most interested in hodling, which coins get your attention and you want more of it and you are ready to hold for a long period, that will give you your answer.

My top coins may be your shitcoins so I would suggest you simply stake the best of your top coins.
And this is what makes staking your coins something so difficult, there is not really a right answer for this as without a doubt a few coins which offer you to stake your coins will become incredibly successful in the future, but there will be also a lot of coins which will make the same promises and that will fail to fulfill them, so when we take this into account then we realize that staking our coins is as risky as investing or trading and the chances that we succeed are on the low side.
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February 23, 2022, 11:00:53 PM
 #47

I think the safest coin to stake are the ones that gives the privilege to stake with the top coins in the Crypto space, as they give the potentials to acquire more and grows further with huge profit.

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February 23, 2022, 11:57:09 PM
 #48

In investing certainly has risks because not all the coins we hold will develop as we expect, so with the capital you have today must be ready if later lost in the coins you hold, to reduce the risk then potential coins such as BNB, matic and solana I think you can hold for now because the coin is currently in great development in order to compete to be the best altcoin for the future, If you believe the coin you can hold it at this time.

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February 24, 2022, 03:02:23 AM
 #49

These three types of cryptos never change their position, but changes in the three types of cryptocurrencies also exist, namely prices. The comparison, I think, lies there if there is a statement that the top 10 cryptocurrencies today are very different from the top 10 cryptocurrencies a few years ago.
If there was such a statement, what would you explain?
Allow me to answer this.
The difference between cryptocurrencies in the top 10 coinmarketcap rankings does exist and also happens often every year because I've also seen coins like Dogecoin being in the top five and top 10 coinmarketcap in the past even though they are now out of the top 10, as well as The Shiba Inu was also included in the top 10 when it was still hype last year, but now try to see for yourself where the Shiba Inu is.
And if you have opened coinmarketcap before Solana, Polkadot, Link and Avax and Luna were still below, you will also find different altcoins in the top 10 coinmarketcap rows.

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February 24, 2022, 04:42:42 AM
 #50

Since you do not want staking Ethereum, my preferred option after Ethereum is Binance BNB token, at the moment its price is a little low with the market down, so I think the time is right to buy a good amount of it, especially since BNB staking is supported on many central or decentralized exchanges, BNB is a strong coin and has an advanced rank in the market and is expected to have a very big future due to the great use of BNB and the burning of large amounts of it constantly, in addition to the many other features. I think it would be a good option.


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February 24, 2022, 05:20:29 AM
 #51

I personally feel safe and have made a better profit staking ETH, but right now it can be a big hurdle for many people as the cost and price are hard to reach for new people. But now I see that ATOM is also bringing a lot of profit from stake. Moreover, many projects are doing retroactive via ATOM stake, and the choice still depends on your judgment, and no one can guarantee the whole thing.

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ethereumhunter
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February 24, 2022, 06:53:41 AM
 #52

It is better to search by ourselves than follow other people's suggestions to find which coins will be better to stake because we have to consider how much money we will use to start buying the coins, how much we want to stake and how long we need to lock it in a platform. Maybe people who have a lot of money can choose ETH or other expensive coins, but people who don't have enough money to start should look for those coins and analyze them before deciding to choose the coin.

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February 24, 2022, 08:04:25 AM
 #53

In my opinion the safest coin to bet on is BNB, but we have to buy the coin at the lowest price, for example like now the price of binance is very suitable for staking, BNB is a coin that ranks third in CMC which is very suitable for betting because the price is still very affordable. besides that BNB staking is supported by many decentralized exchanges, thus providing a great opportunity to generate profits for you,

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February 24, 2022, 09:41:54 AM
 #54

Using the top listed coins for staking is a good choice but even that, this never gives you the fullest level if we are talking safe as there are many factors that could influence that, and one is the exchanger we use.

if we are into staking we have to put these things into consideration,
* coins(preferred old coins)
*exchanger (must be reputable)
*term of staking (flexible or fix)

But for me, I'd choose flexible so I can able withdraw them anytime and if I need it to trade.
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February 24, 2022, 09:49:25 AM
 #55

I think the safest coin to stake are the ones that gives the privilege to stake with the top coins in the Crypto space, as they give the potentials to acquire more and grows further with huge profit.
What coins are those? because does it seems like OP is asking for specific currencies?

But I am staking to some new projects in Binance now, i will not introduce any of them but OP can simply check in the Binance platform ..

and also try not to deal with new project that has not been in Big exchange because there will always a big risk of not going somewhere high.



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February 24, 2022, 03:58:49 PM
 #56

What kind of stake do you prefer? To stake altcoins on exchange, or in the wallet?
I like the integrity of financial sovereignty.  So betting on cex with kyc processes is optional but not in my standards.  I'm currently betting on a layer 2 ecosystem on bitcoin- it’s Sovryn. Long enough time to get liquid airdrop or platform share fee to get your own btc.  Moreover, a Dao will have full development options for any suitable direction in the future.

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February 24, 2022, 06:10:11 PM
 #57

To find safe in investing of course potential coins are the mainstay of all of us but the risk remains because not all our predictions are in accordance with the expectations we want, if you want to invest in the long term then altcoins that already have their own blockchain network may be able to hold such as BNB, solana and matic Because the coin can indeed develop for the future, And most likely a big profit will definitely await you.

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February 24, 2022, 07:50:53 PM
 #58

Juno is best option to stake. High reward for stacker and also we can see 2x to 10x price increse very soon. Obe of the best thing is that many new airdrop is launching which will give free token to Juno stakers.
Also stake Cosmos and osmos for best profit



 

 

 

 

 

 


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February 24, 2022, 08:57:07 PM
 #59

Juno is best option to stake. High reward for stacker and also we can see 2x to 10x price increse very soon. Obe of the best thing is that many new airdrop is launching which will give free token to Juno stakers.

This project is not even listed on any of the known top exchanges, so I don't know how you suggest this project to anyone else. Various projects try to take advantage of the market by showing the temptation of such high reward. So in order to invest, the investor must be aware of different aspects of a project.


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February 24, 2022, 10:42:40 PM
 #60

First of all, I don't think that you should look at staking as an income source per se.

The token supply inflates whenever you receive staking rewards, which means that unless the market cap of the coin goes up and exceeds the growth in staking rewards in the ecosystem, you are actually not making much money at all.

You could, however, try staking SOL or ETH. Both give attractive rewards, but as I said, you should not treat this as income.

Smiley
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