Does staking even make any sense

[Ketesnuko]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

[Outhue]

Try with 10,000$ and see the difference, stakes are for rich people but also we have defi staking that takes 30,60,90 days just to get 3-15% returns I think this are better than yearly staking.

[Yaunfitda]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

What do you mean? a year return for a $1000 is just $95? Anyhow, I think for others still worth it though, because you won't get that annual returns if you just kept it in a bank. So it make sense for the majority to ride on this new hype, the whole game of staking. And obviously, the more capital you stake the better is the reward in the long run.

[MetaMii]

Sigh, I don't expect anyone complaining about annual returns on staking when your bank account cant even earn up to that amount per year, I have over 30,000$ in my bank account and I can't even take a loan of 1000$ per month, again I don't receive any reasonable returns on this money.

[ibuddy122505]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

You want security(stable coin aka USDT) simultaneously you need better yield, that's not how the systems work buddy. Stable coin aka USDT offer lowest return on your staking, for instance on your proffered exchange APY rate is changed everyday in view of the on-chain staking rewards. Suppose to generate bigger return you have to shift any newly alts which offer highly return on their first appearance in this industry. Yes, risk is involve but it's also worthy to take risk.

[jrrsparkles]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Imagine someone have 1 billion dollar and don't have time to manage that so they are staking to get that 9.5% make sense right so its definitely not going to make rich but for someone who is having lot and lots of money but don't know what to do with that can go for staking.

[LogitechMouse]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

A 95$ annual interest on a 1000$ USDT is already 9.5%.
That is higher than the regular banks right now. How much interest bank gives to the users? Some gives less than a percent annually and there are some who has hidden charges. Also include inflation since its fiat.

I mean there is nothing wrong and nothing laughable with staking coins? Its like holding a stock that gives you dividends. The concept is the same but with different asset only. Why we are doing this? Hmmm maybe because we want passive income? I'd like to invest it into staking coins though than putting it in my bank account LOL.

[bitkanu]

How do people even enjoy staking their coins and tokens?

The real believers.

I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Are you expecting to earn 1k with your 1k. Im laughing right now. How many stable token earned totally based on how many stable coin that staked in the network. You can imagine when someone has 1 million USDT and it will be staked with 10% APY. This guy will earn about 100k USDT in a year.
How many reward for your staking totally depend with how much your money. If you wanna get more APY and then go to the shit token.

It seems like you didn't even understand about this.

[perla]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

People have more than money than you imagine people with million dollar and staking it without doing anything and get 9.5% in return. Also it is important to look at the APY not all coins have the same APY so you should consider that too.

[mindrust]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

That is 9.5% annual interest. You are laughing at this but people actually retire on much lower yields (like 4%, 5%). Make it a million dollars and you'll get $100k every year. Of course I wouldn't trust Binance with my life savings. It is a crypto exchange not a trusted investment firm. That's why they are paying you this ridiculous interest rate.

[Reid]

It's a stablecoin, what do you expect? There is less risk in it as you are secured there is no volatility. It will give a percentage almost near the amount of what they give in banks. I'd just be thankful you received some. That's still 10 percent for a year while banks will give you lesser or worst none.
If you want profits that would surprise you then go for high risk coins. But remember, there's also the possibility it will be gone without any information of why or the return are high in amounts but in less value because of the market change.

[tyz]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

This means you got a anual interest of 9.5% if your mentioned figures are right. 10-year U.S. Treasury bonds are currently yielding around 2.5%, so staking is a good deal after all. Or did I not understand something of your argumentation? By the way, you can earn even more with staking, but then you must not stake stablecoins, which always bring in less as staking rewards than very volatile coins due to their value instability.

[yazher]

My friends have a huge amount of money that he hasn't even used for years because he can support himself and continue saving some excess money, imagine if this guy put his money in the staking coins that have the highest return percentage In Binance? he will get some multiplier in his savings that will gonna change his life forever. Staking is for the long term, I can't afford to stake it right now so I skipped it and just proceed to the thing which I am comfortable with which is daily trading.

[sunsilk]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

That's actually a good percentage and believable. Unlike those yields and interest rates coming from the scammer. So what do you want? Unreasonable, unbelievable and high rates or the typical ones but genuine and real interest rates that won't scam you?

This is the set back of staking because it is passive income. It's the same as the banks that would give you 1%-5% of profit annually and what Binance is giving is higher than them.

The reality of staking is that, the higher you stake, the higher profit you make and that's lesser risk .

[yayayo]

What doesn't make sense is people still prefer staking their money to the bank with I think 3% to 5% yearly so I wouldn't surprise if people choose to stake on something like this one and I think there are more staking projects where you can earn more than 10% but with those token that wasn't sure whether will pump or dump in no time.

ya.ya.yo!

[poodle63]

that's far better rather than earning interest in your bank account lol. 10% APY was so big for the stable token and you can earn that regularly. I think that you must also read some article about why it's worth even with 10% APY. You will be earning stable income from your staking. This is what already searched by people and you are laughing at it? im laughing to you right now.
Im staking stable coin as well and remember the greater amount and the greater passive income you get.
This is the same like the interest but totally depends on how many staked.

[ultrloa]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Even if the return is low still its quite decent rate compare if you let your money sleep on your bank account profit still profit and this is only good for people who doesn't want to get tired hunting for profits on unsure investments.

But  for small timers for sure this is totally insane and we can able to multiply more numbers for that amount used to capital on some other things and get great returns in span of 1 year.

[Bitstar_coin]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Stablecoins staking with a low fund like yours can not give any meaningful reward bro, the apy for stablecoins staking are usually very low compare to tokens or coins staking with a bit higher apy. why don't you try staking with Anchor protocol ust, the apy is around 20% so most likely you will earn a little more from staking with them.
If you want to earn more from this amount then you should be ready to convert to non stablecoins and deal with market volatility but you are sure of a high apy.  
The choice is yours.

[asriloni]

Staking was a sense thing. Did you see how much APY for your staking compared with your total amounts staked and how much your reward that already predicted to be received by you? Are you saying this as a non sense thing? that's stable coin and you will be getting your reward in the digital form of fiat money with stable value. There will be no volatility. If you are think that 9,5% apy was a low reward and why don't you just stake a few millions USD to earn very big- amounts of money? this will be a sense thing that you can do that easily. You will be able earning a lot from there.

[pragna]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Yes, you are right here. Maximum exchanges give project PAM about whole staking. But there are some tokens which give monthly but its rear. I think for this reason maximum time people are uninterested to stake their token or investment.

[fvb]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

From time to time I make bets, but not in stablecoins. And in coins with their own blockchain, such as BNB, Matic, Sol, and so on. Because it can be more useful and, accordingly, profit.

[JohnBitCo]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Staking will always give you less ROI because it is passive income. You just have to put your coins at staking and do nothing in order to get this money. So the ROI will always be low as compared to trading crypto in which the reward is also high but there is also risk.

However, staking crypto is still very popular because staking gives you much better returns as compared to the interest which banks give us on depositing money with them.

[ethereumhunter]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

People do that because they want to earn extra from staking their coins and wish they could sell them at a high price for more amount of coins. If you are still in the staking program, you can go ahead and patiently wait for the coins to accumulate. In addition, the market is still volatile and there is no sign of when it will turn to high prices. It is hoped that when the price starts to climb, your coins will increase even more so that you can profit more from the staking program.

[danherbias07]

In exchange for safety, they won't give a high amount of interest and there's not much movement in the market where they could profit with stable coins.
They invest what you staked and hope it will make some, it's not always a win situation for them too. So, accepting what they offer is your choice, or go for  HYIPs which involve high risk.
Don't they have a calculator of how much money you will receive annually if you stake it with them? I mean, they should, to avoid high expectations just like what you are feeling now.

[MAAManda]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Everyone has their own plans for their finances. If only I had more than $10000, I think I would not trade and it would be better for staking my assets, especially if the annual interest paid is almost 10%. and FYI, apart from staking stablecoins, you can also stake coins/tokens on Binance, the question is, why do people stake their coins/tokens?

The answer is that apart from them benefiting from the value/amount of their coins/tokens, they will also be forced to become diamond hands.

[DevFile90]

The higher your stakes asset the bigger your annual return will be, if I have anything close to a 100,000$ I will prefer to stake it for annual return but if I have anything lesser than 100k I will use the money to build a mining rig, staking vs mining have been discussed many time before and its easy to see that mining wins 🏆.

[babygun]

Staking will always give you less ROI because it is passive income. You just have to put your coins at staking and do nothing in order to get this money. So the ROI will always be low as compared to trading crypto in which the reward is also high but there is also risk.

However, staking crypto is still very popular because staking gives you much better returns as compared to the interest which banks give us on depositing money with them.

I love staking my coins because, as you mention, it is a source of a passive income. But I see it on a long term; with staking I can accumulate more coins and when the market is high again (is it this year or the next couple of years) I will sell some of them to take some profit. For some coins, you can get around 12 to 18% APY, which is arounnd 24 to 36x times higher than the savings I get on my bank account in Belgium.

[mdzahed134]

Its almost 10% APY for a year, i think that's not a bad. Because who guys own millions of dollars and if will go to stake you know how much money will get without anything. Even you tried to stake stable coin it’s a big security for your money because there are no chances to changes your coin prices. And i think you can't get such opportunity in the bank or other financial institutions.

[Anonymous100]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

They do staking just to keep the balance by getting a little extra balance. It is customary for stable coins to only get returns below 10%. Apart from that, many are staking to hold coins in the long term. They will benefit from price changes and from increasing the number of staking coins. If the coin price drops of course they continue staking.
That is, we do staking not expecting profits from staking, but from changes in coin prices. Of course it will be a loss if we stake for stable coins.

[Jackl87]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

If you get back 95$ per year if you are only staking 1000$ then this means you get an annual interest of 9,5% on your capital and that even for a stable coin and not for a volatile asset so you can compare that with the interest that a bank is paying you on your FIAT. You do know how much you interest you get if you leave your money at the Bank right? You get absolutely zero interest for it and here in Germany it can even happen that you have to pay some sort of a fee for having much money on a bank so you can even get minus interest here at the moment. So 9,5% on stablecoins is really good compared to traditional financial products.

[RussianEnglishTranslation]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

I don't use Binance staking, I don't have time for their 30 day windows. I prefer to stake cryptos in their native platforms, like NEAR in the NEAR wallet, Celo in the Celo wallet, and ICP in neuron.

[JeffBrad12]

It seems like you're new in the crypto, right? If you wanna get very very big APY with your small amounts of money and then go to the altcoins that were offering very big APY like cake or something else.
Stable coin was used by people who are looking for stable income for their assets. Stable passive income without any risk being lose due to the volatility that happens like this time when bitcoin got dumped and whole of market were following the bitcoin price movement as well. It's not like that. I think that if you must understand it correctly.
So, staking is a sense thing when you can understand and calculate it correclty

[lousie9]

If you do staking and only get that small benefit in one year then you can look for other alternative tokens to be included in staking because I believe there are still many tokens that provide high APY and it would be nice if you don't staking for too long but look for staking which is only a few weeks or months because we can continue to develop our assets that we are holding on to in the long term.

[cryptosru]

Yes, you are right here. Maximum exchanges give project PAM about whole staking. But there are some tokens which give monthly but its rear. I think for this reason maximum time people are uninterested to stake their token or investment.

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

[Anonylz]

No bank will even give you that amount of roi per year for $1000. You may see it very small but still better than what local banks will give.
I think around 0.8% for your $1000 monthly is what they offer which is not bad.
There are other platforms which gives higher but you have to be careful. Waves usdn was offering a very high Apr but look at what happened.
The only way to increase you earnings is by increasing your investment, don't expect more than what you are staking.

[Republikcoin.com]

They do staking just to keep the balance by getting a little extra balance. It is customary for stable coins to only get returns below 10%. Apart from that, many are staking to hold coins in the long term. They will benefit from price changes and from increasing the number of staking coins. If the coin price drops of course they continue staking.
That is, we do staking not expecting profits from staking, but from changes in coin prices. Of course it will be a loss if we stake for stable coins.

Stablecoins are only suitable for storage and are only suitable for buying other coins when the coin price is in a low condition, because stablecoins are not suitable for staking and any trading.
And besides stablecoins, I think almost all coins are suitable for staking if the coin has a certain support for staking to increase the number of existing coins.

[Crypt0Gore]

Look into staking if you have up to 500,000$ in your wallet or portfolio, the more money you stake the bigger your reward is going to be, to me I believe that staking is only for the rich.

[Orange89]

Well what i fell Staking is really beneficial it depend upon which platform you choose, a dex had more pools and more staking offer so why not try it out just imagine you had some money in real life we deposit the money into banks and get interest like 3%--4% means seriously with such low interest, but if you compare it with crypto Staking it is still really huge remember a best crypto coin staking platform can even make you rich i remembered i had invested in cake {pancakeswap} when its price is 0.2$ now just check the price + i also had gotton staking profit at that time when i invested the APR  is around 250-300% just think of the situation

[91254vvpatel]

If you similarly understand what staking is. If you put the stble coin on the staking you will get the same return. You put someone on the stack that you can get a good return in the future. What's wrong with you going into a long-term investment and your token giving you extra income over a period of time? Don't use staking for it as holding on to someone stable is not going to increase the price. I hope you have understood my point, you have understood the gist of what I am saying.

[chikading2016]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Well it always depend on the amount, i stake my 258 cd3d token and it is now 3 days and i have claimable 79 tokens if you stake a big amount the claimable amount will also big, staking is a good way to earn tokens without buying it, so i think staking is not a joke it is a good strategy of investors because while they are waiting for the price of the particular token to rise the amount of thier tokens will also rise through staking.

[TopT3ns]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Well it always depend on the amount, i stake my 258 cd3d token and it is now 3 days and i have claimable 79 tokens if you stake a big amount the claimable amount will also big, staking is a good way to earn tokens without buying it, so i think staking is not a joke it is a good strategy of investors because while they are waiting for the price of the particular token to rise the amount of thier tokens will also rise through staking.

I think not stable you can earn much cd3d coins every day depending with how many member stake their coins there, with many people stake every day your return earning will drop. I think is not bad with 258 cd3d staking and get 79 tokens and looks profitable but how price of this token keep reaching up or down, this most important specific because when staking coins usually price drop not getting profit but have loss much with token or coins staking price drop. Not easy to predict actually with shit or meme coin not guarantee keep stable on higher price after few weeks staking.

[Tellek Garing]

Staking is more enjoyable when you are staking in large so as for the return to make sense but if you stake a small amount the interest payment may not make too much sense, the most advantageous is the one that toy stake native tokens and the rewards are paid in those tokens if you become lucky and the token market rise you can make a good return.

Staking is far more better than leaving your money in the bank where the is no percentage on it.

[LastKiss]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

It's passive income for doing nothing lmao, if you want to earn big then get to work and use your brain. Staking offers a passive income for those who are busy in real life so they don't have time to do some analyse for trading, do some research for investing and etc. We can't hope for big earn by doing staking but we can hope for increasing our capital by doing nothing. The more you stake the more you earn.

[Flexystar]

Once I had recurring deposit balance of around 500 bucks, all the money earned from part time job and I always have the tendancy to lock up some money for future emergency usage. Moreover, as I am getting into real world its time to learn how savings works and what gives us most of the interest earned!

Believe me, that 500 bucks had rebate of around 4.5% on yearly basis. Then I came to freebitcoin website one day and understood the FUN token savings and how you can grab APY of 25% for locking the funds.

The same available under staking on binance. I think its best you take the deal and you are already in profit. Plus, if the prices at the time of withdrawal are off the chart which they will be after a year or so, then you get additional fundings for the same.

[TreyARC]

Yes staking makes a lot of sense in terms of zero equipment requirements but lesser profits compare to building a mining farm, also you enjoy staking you need lots of cash, I mean a lot for reasonable returns.

[DanWalker]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Imagine someone have 1 billion dollar and don't have time to manage that so they are staking to get that 9.5% make sense right so its definitely not going to make rich but for someone who is having lot and lots of money but don't know what to do with that can go for staking.

Reasonable, just because OP is looking to get rich quick with 1000$, he thinks this is pointless. If OP takes $1000 to invest instead of stake, then he will get back a large amount of money maybe x2, x3 in a short time, but OP will also lose everything when he invests in the wrong project scam. 9.5% is a reasonable interest rate, not too high but brings stable and sustainable income. Suitable for those who like safety and have idle money who do not know what business to do.

[Bitstar_coin]

Are you expecting to earn 1k with your 1k. Im laughing right now. How many stable token earned totally based on how many stable coin that staked in the network. You can imagine when someone has 1 million USDT and it will be staked with 10% APY. This guy will earn about 100k USDT in a year.
How many reward for your staking totally depend with how much your money. If you wanna get more APY and then go to the shit token.

It seems like you didn't even understand about this.

Yeah, probably he was expecting to earn $100 monthly for his $1000  
He obviously does not understand it before but now am sure he does. Stablecoins staking also have disadvantage which is low Apr compared to normal coins staking. And binance is known for their low Apr especially for stablecoins.

There are good l1 or l2 coins @op can invest on to earn good returns but I don't think he is interested to invest now.

[tabas]

Yes staking makes a lot of sense in terms of zero equipment requirements but lesser profits compare to building a mining farm, also you enjoy staking you need lots of cash, I mean a lot for reasonable returns.

It's easier than building your rig and farm mining. No maintenance is needed and it will work on its own based on where you're staking and what coin you're staking.
Slow passive income but it is still gain and an income that anyone can have. So the pattern is the same if you want to get more profit through staking then prepare a large investment and capital that you can.

[ethereumhunter]

Are you expecting to earn 1k with your 1k. Im laughing right now. How many stable token earned totally based on how many stable coin that staked in the network. You can imagine when someone has 1 million USDT and it will be staked with 10% APY. This guy will earn about 100k USDT in a year.
How many reward for your staking totally depend with how much your money. If you wanna get more APY and then go to the shit token.

It seems like you didn't even understand about this.

Yeah, probably he was expecting to earn $100 monthly for his $1000  
He obviously does not understand it before but now am sure he does. Stablecoins staking also have disadvantage which is low Apr compared to normal coins staking. And binance is known for their low Apr especially for stablecoins.

There are good l1 or l2 coins @op can invest on to earn good returns but I don't think he is interested to invest now.

I am not sure he can earn $100 monthly from his $1000
But staking is a good way to earn some money from his $1000. If I have $1 million USDT, I do not want to stake that on any exchanges because the risk will be bigger. But staking can really give him a passive income, although the amount is not too much in the short term

Well, he needs to understand what he wants to do and if he can think of the other way to increase his balance, he will try to use it instead of just relying on the staking process.

[qwertyup23]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

People have more than money than you imagine people with million dollar and staking it without doing anything and get 9.5% in return. Also it is important to look at the APY not all coins have the same APY so you should consider that too.

Imagine a scenario where you have $100 on your bank and you attempted to invest it. Unfortunately, the legal interest rate (as far as I know in the Philippines) is around 6% annually and you would receive merely $6 by the end of this year. The investment you made may sound relatively small but imagine if you were some rich millionaire who has millions of funds stored without any use.

Applying the example above, the more money you stake the higher the returns would be. It is just a matter on how much capital you are willing to risk in a given exchange for staking.

[Anonylz]

"The more the merrier" hope op is familiar with this, you can't expect to get more from giving less. I hope by now you have understood how the staking process works especially for stablecoins. There are more than enough responses from forum members to give you better understanding of the staking.
If you are not satisfied with what binance is giving, you can check other exchanges, perhaps their's will be better.

[kaya11]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

There are different types and options that Binance offers, why did you to a annual staking? You be staking 100k USD if you wanna have more for you to feel it. I stake on Defi 60 days and it gives me good results. With that 1000 USD I would definitely go for a Defi one, with a lock in of 3 months. The choice is yours and Binance won't even bother to hear your thoughts on that, because they've got bigger players than you have imagined.

[Hypnosis00]

Staking is one strategy that most holders do while waiting for the perfect time to sell as in this way, they can earn some profit in returns. And literally, it makes sense. However, we couldn't think that staking gives you more compared to trading, like having 9%APY per annum is obviously small but people had taken this opportunity as additional income while in wait for the next Bullrun.

Well, staking is a choice, not all holders had pushed to do this but it was just their will to do it.

[magneto]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Mate, I suggest you look at your local bank and see how much they are offering on fiat deposits.

DeFi yields, even at 5% p.a., are super attractive (if you suppose that it is risk free). Besides, if you are willing to use Anchor Protocol, there is a massive yield reserve and it is currently paying 19.5% p.a. on deposits, which is absolutely insane again by fiat standards.

Heck, if you just use crypto.com which is a prominent exchange you can get close to 10-15% p.a. as well.

If you are staking alts, that's a different story. The emissions follow a schedule set by the blockchain itself and not the markets.

[bittraffic]

Almost 10% for staking USDT on binance? That's actually good than having your money in the banks. Although its a very risky way of doing it, it will be profitable if you have a lot of USDT maybe more than $100K.

If there is a platform where you can enjoy while its not very risky then surely, you would prefer to stake there than on centralize exchange like binance.

[dansus021]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

because your staking on stablecoin i mean the apy return is much better than a bank usually and imagine the 95$ you get from doing nothing  

behind the reason of staking is various
people like me usually stake new project coin or other token when the price below buy price so instead of cutlose and try hodling for longterm we can staking it

and staking other project usually give u delicous apy it can be more than 100%

[TopT3ns]

Almost 10% for staking USDT on binance? That's actually good than having your money in the banks. Although its a very risky way of doing it, it will be profitable if you have a lot of USDT maybe more than $100K.

If there is a platform where you can enjoy while its not very risky then surely, you would prefer to stake there than on centralize exchange like binance.

I think Bank not giving 10% for locking your money there actually under 6% until 7% reward given by Bank when you lock your money, but on exchange market like Binance will give 10% and keep safety your money value depending with USDT price drop or not. I think bad choose when locking money on the bank because have inflation value later with how much money put there different with USDT as stable coins and actually have chance for growing up although few percent only, but still profitable than locking on the bank with profitable under 7% every years.

[justdimin]

I think not stable you can earn much cd3d coins every day depending with how many member stake their coins there, with many people stake every day your return earning will drop. I think is not bad with 258 cd3d staking and get 79 tokens and looks profitable but how price of this token keep reaching up or down, this most important specific because when staking coins usually price drop not getting profit but have loss much with token or coins staking price drop. Not easy to predict actually with shit or meme coin not guarantee keep stable on higher price after few weeks staking.

I am not very well versed on that token itself, but the idea stands, you could put 1000 into something and make 95 bucks in return and that could be something amazing. I mean if I do that with USD for example, any stable coin, USDT, USDC, BUSD doesn't matter, that means yearly 10% growth.

If I can keep doing that, and have enough money then I would never have to work ever again. Sure if you are looking to get rich then you will buy, hold, trade and basically just try to get rich but at the same time this is something you can't really do that all the time, there isn't something to trade every single day so when you are not trading or investing, that money could be used for staking until you find something.

[fullhdpixel]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

What do you mean? a year return for a $1000 is just $95? Anyhow, I think for others still worth it though, because you won't get that annual returns if you just kept it in a bank. So it make sense for the majority to ride on this new hype, the whole game of staking. And obviously, the more capital you stake the better is the reward in the long run.

Well that is just it, when you compare the amount that you are getting from cryptocurrency investment to what you are getting by keeping that money as a savings in your bank account you would see that having it staked or invested in cryptocurrency would be a better option (though you still run a risk of losing too). But at the same time people expect too much when they invest a little amount.

Anyone who really wants to make a good profit from staking has to invest a bigger amount and not just $1000 as the op has said he invested. We all know that big profit doesn't come from staking, so it is a matter of how much you are investing, cause the more your investment the bigger the profit that you will get.

[nininyashka]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking offers many opportunities to earn money. That is why staking now so popular and in demand because it attract a lot of attention of potential users.

[AmoreJaz]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking offers many opportunities to earn money. That is why staking now so popular and in demand because it attract a lot of attention of potential users.

if you won't do anything with your funds for the next year or so, and if you have good amount of money, then staking is good as you will be earning passive income. even if we say it is not that big but at least it is earning something while your money is sitting idle. but definitely, you need to stake in reputable platforms like binance, even if they have relatively lower APYs. but if you will just stake small amount, then you will really get small return also, which is not advisable to get into if you have short term plans for your funds.

[JahriMeayer]

It depends. Staking is make sense when you have bags of extra money but don't have time to manage or don't know what to do! Then you can stake them by converting altcoins or stable coin and enjoy passive income as APY. The more you stake, the more you'll get returned. But if you have little amount of money or you are expert at trading, then staking programme doesn’t make any sense for you.

[bhooscream]

In my opinion  yes it is.
But sometimes, the rewards in some reputable olaftorms are smaller than like in other platforms. Staking meed trust on the platform and we must wait for the period of staking until it is finished.
If we think that we still have more times for staking  why not?  As long as we are staking in the reputable platforms

[libert19]

9.5%, doesn't banks give lesser than that? If you can take risk there are coins on defi which give triple digit interest, also plenty coins on cosmos.

Terra ust gives 19%. Which is relatively safer compared to defi but not risk free.

[Beparanf]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

That’s almost 9.5% annual return so which bank can’t offer when you it to them. You don’t do anything while you earn passive income without any risk. This is huge for people that has a huge capital but of course user like you will not gonna appreciate this as good opportunity for passive income.

[ivankoh]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

As far as I know, Binance just upgraded APY level-based staking package.  As it is described here https://www.binance.com/en/amp/support/announcement/4fdcde85bceb43119b4e55e50ef24d41 for change as of 5/3/2022… Probably going to be a fixed volatility in this form as part of the lower risk in many other staking projects but nonetheless  , I will not pay much attention to this APY interest package

[Crypto Library]

You staked USDT means stable coin. In fact, if you get 95 dollar return on 1000 Dollar a year, then its APY is 9.5%. Where you get the highest 8% APY by investing in a bank (APY rate depending on the bank), and here you get 9.5% APY, I don't see anything bad here, I thnik it's a fairly good amount. And if you don't like stacking, you can invest in trading. If you have good knowledge about this then you can take good profit from here.

[jostorres]

I think Bank not giving 10% for locking your money there actually under 6% until 7% reward given by Bank when you lock your money, but on exchange market like Binance will give 10% and keep safety your money value depending with USDT price drop or not. I think bad choose when locking money on the bank because have inflation value later with how much money put there different with USDT as stable coins and actually have chance for growing up although few percent only, but still profitable than locking on the bank with profitable under 7% every years.

It is not even that high in most banks, I know that the inflation is high these days and the returns are getting bigger, but 7-10% is not really offered by banks in many nations, mostly 2-3% in many places. I have to say 10% is not that great because most hedge funds or investment opportunities like Berkshire Hathaway could offer 20% averages, and that is something you could beat most of the time in crypto by simply buying bitcoin and holding long term, it will most likely will reach 20% per year easily, most probably higher.

What people are looking for in crypto is a bit different, because they think it is riskier so they say "if I am going to risk my money with crypto, it should make at least 100% a year!" which is unrealistic but not impossible.

[someone703]

OP, what do you expect with that $1000 USDT when staking? You want more?

Quite frankly, everything is so easy and doesn't force people to participate. Many individuals don't need too much profit and simply don't lose the value of their investment and get more profit. That time with stablecoins is perfectly reasonable.

[SaveOurSea]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

many people do that because indeed the money they stake is cold money, meaning that the money is really not used in everyday life, yes it doesn't matter in my opinion, even though the return is only $95 in a year but it's still profitable isn't it? but if you have cold money more than $ 1000 of course it's in vain, because many investments are more profitable than that.

[Tupan.io]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking offers many opportunities to earn money. That is why staking now so popular and in demand because it attract a lot of attention of potential users.

Now appear a lot of staking projects that allow to earn passive income.
But it is necessary to find a good projects for staking which allow to earn money on investment.

[Sebas.tian]

It depends. Staking is make sense when you have bags of extra money but don't have time to manage or don't know what to do! Then you can stake them by converting altcoins or stable coin and enjoy passive income as APY. The more you stake, the more you'll get returned. But if you have little amount of money or you are expert at trading, then staking programme doesn’t make any sense for you.

Exactly, when you have a huge amount of money, staking really make sense because it will help you to understand the market price very well, when to sell to make a good income from the staking or when not to sell not to experience lost at the end of staking in the community. Those that stake last year 2021 when the price of coins was low, they will definitely have something good to achieve that will really make sense from their staking in this season because the price of coins and altcoins has increased higher in the crypto market.

[lanuna_finance]

Staking is good if you have million dollars

[uneng]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

many people do that because indeed the money they stake is cold money, meaning that the money is really not used in everyday life, yes it doesn't matter in my opinion, even though the return is only $95 in a year but it's still profitable isn't it? but if you have cold money more than $ 1000 of course it's in vain, because many investments are more profitable than that.

95$ interest paid after one year of staking over 1000$ means 9,5% or 0,79% monthly. Considering these rates are being paid over an USDT investment, a stable coin which follows dollar price, I think it doesn't worth anyway, because the inflation will totally kill the purchasing power along that same period of time. It means what you buy today with 1000$, won't be possible to be bought with 1095$ after one year. Inflation rises much faster than the interst income being paid to the investor. Binance rates are too low and too bad. To stake stable coins efficiently, interest rates offered must be higher, otherwise, better to stick with volatile main cryptocurrencies only.

[bittick]

10% interest for a year and you just did nothing to receive that and doesn't it even make sense for you? You will earn less even when you are putting your money into your bank account. 10% for the stable tokens staking were the best reward that you can received that. You must also remember that when you are also staking small amounts of money and you get what you have staked it. The fact that when you are also seeing the market and you will be seeing so many people are also staking their stable tokens for that APY.
They to know that if that's good enough for them to earn good APY with do nothing. What are you laughing for?

[brat111111]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking offers many opportunities to earn money. That is why staking now so popular and in demand because it attract a lot of attention of potential users.

Many project uses staking to attract more users and get their loyality.
The ability to get passive income thanks staking attract a lot of users.

[crzy]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking offers many opportunities to earn money. That is why staking now so popular and in demand because it attract a lot of attention of potential users.

Many project uses staking to attract more users and get their loyality.
The ability to get passive income thanks staking attract a lot of users.

Its not always about making money, staking also requires good timing because you can also experience the same problem with OP if you didn’t take time to analyze before staking. This is the result of volatility, the token you stake are still vulnerable so there’s still no guaranteed profit here, you just have to be more patient when you do staking to see good results.

[TopT3ns]

10% interest for a year and you just did nothing to receive that and doesn't it even make sense for you? You will earn less even when you are putting your money into your bank account. 10% for the stable tokens staking were the best reward that you can received that. You must also remember that when you are also staking small amounts of money and you get what you have staked it. The fact that when you are also seeing the market and you will be seeing so many people are also staking their stable tokens for that APY.
They to know that if that's good enough for them to earn good APY with do nothing. What are you laughing for?

I don't see are interested with return earning about 10% every year and better keep trade with several potential altcoin and have chance more than 40% profit if keep consistent one month. Very little reward or profit with return 10% every year and got under 1% every month although with bigger fund still not enough reason for staking with reward 10%. but depending with individual thing because they want keep safety and try staking although with reward only 10%, maybe they have commitment about as saving money better staking than keep save only without any profitable.

[Vaskiy]

10% interest for a year and you just did nothing to receive that and doesn't it even make sense for you? You will earn less even when you are putting your money into your bank account. 10% for the stable tokens staking were the best reward that you can received that. You must also remember that when you are also staking small amounts of money and you get what you have staked it. The fact that when you are also seeing the market and you will be seeing so many people are also staking their stable tokens for that APY.
They to know that if that's good enough for them to earn good APY with do nothing. What are you laughing for?

I don't see are interested with return earning about 10% every year and better keep trade with several potential altcoin and have chance more than 40% profit if keep consistent one month. Very little reward or profit with return 10% every year and got under 1% every month although with bigger fund still not enough reason for staking with reward 10%. but depending with individual thing because they want keep safety and try staking although with reward only 10%, maybe they have commitment about as saving money better staking than keep save only without any profitable.

Staking of top order cryptocurrencies is not the right choice in my view. 10% is good for a potential token that is being predicted for long term market growth. Staking such tokens won't be a big hurdle and gives something out of it. Even here nothing is assured, bit we move based on the trust over the project.

According to me users who have the plans of holding the assets without getting it engaged into trading practice or into regular transaction needs can go with staking. This will help increase the holding volume. Same time it has got risks as we hold it on a third party platform for a long term.

[SistaFista]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

If we get $95 from our staked $1000, that means the staking APR is 9.5% which is good for stable coin.
Well, actually the staking company can use our staked money to make more money and profits.
Some companies are able to make money more than 2x from their initial capital, thats why they can offer you 9.5% APR.

[wxa7115]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

When you compare the profits to what you can get with trading or investing you may have a point, however you must understand that many people prefer to have safe and constant profits rather than to try to maximize their profits and suffer from long drawdowns.

So 9.5% return per year may seem low to you but compared to what banks can give you, which in many places is not above 2%, then those profits you get by staking your coins are in fact significant enough for most people to consider this as a good option.

[RussianEnglishTranslation]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

You can get higher returns staking cryptos like NEAR (13%) and ICP (28.9%). I never bother staking stablecoins, why do it when crypto can easily 100x. USD isn't going to 100x up, maybe down in real world value.

[CryptoArena_Official]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Many project uses staking to attract more users and get their loyality.
The ability to get passive income thanks staking attract a lot of users.

Staking now is very popular because different DeFi products use staking to offer different financial services.
To be demand every project must have a good liquidity and a lot of users.

[pandanaran]

I usually do staking coins instead of stable coins like USDT because the APY is very small but the risk is also very small so it won't be worth it if we bet with that coin, you can get Staking with other tokens that allow getting a large APY but the risk of holding the coin it is also high enough that it takes more courage to stake the coin on the staking platform.

[Natalim]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Perhaps, $95 is already big compared to what you get upon depositing your $1000 in the bank. Does have any banks give you that percentage return? Probably, no.

For you, it never makes sense but for those who just hold their crypto and wanted to grow their money through staking, that was much appreciated. Plus, they never pay taxes unlike if you put your money in the bank.

Well, it wasn't a big issue if people do staking, putting their money in the bank, or do trading. They'll choose where they feel comfortable.

[TimeTeller]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Perhaps, $95 is already big compared to what you get upon depositing your $1000 in the bank. Does have any banks give you that percentage return? Probably, no.

For you, it never makes sense but for those who just hold their crypto and wanted to grow their money through staking, that was much appreciated. Plus, they never pay taxes unlike if you put your money in the bank.

Well, it wasn't a big issue if people do staking, putting their money in the bank, or do trading. They'll choose where they feel comfortable.

This is one way to look at it. Because most banks are offering very little interest, it is like you are just basically letting them store your funds.
So if you have no plans for example in your stable coin, better stake or put into fixed/flexible savings where you will get more.
It may not be big but at least while waiting for the right time to spend, it gained something.
But you need to consider the platform that you will be putting your funds, because most will disappear into thin air.

[Oceat]

Sigh, I don't expect anyone complaining about annual returns on staking when your bank account cant even earn up to that amount per year, I have over 30,000$ in my bank account and I can't even take a loan of 1000$ per month, again I don't receive any reasonable returns on this money.

Yeah, I guess this was the most reason why someone do some staking but let's just accept the fact that staking is for rich people and those people who can't afford to invest/stake higher amount of money they should be happy with what they got and appreciate the return even though it's small at least there's a return if you compare it to bank which does makes sense that the difference is big.

I believe there is an option that you can take your money back anytime you like after staking so it's a win-win though.

[Quidat]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Considering APY's % then you would really be looking this to be funny as these rates arent really that interesting to look at but surprisingly there are lots who are really fan on staking up their coins.
Dont know on what their reason is but its their money after all and they do have the full rights on how they would gonna spend or use it depending into their investment decisions.
Does it make any sense? Some people would say yes and some would definitely say no because holding the coins itself might possibly generate even more % on a year basis without
needing to risk on putting it into some platform.

[JohnBitCo]

Sigh, I don't expect anyone complaining about annual returns on staking when your bank account cant even earn up to that amount per year, I have over 30,000$ in my bank account and I can't even take a loan of 1000$ per month, again I don't receive any reasonable returns on this money.

Yeah, I guess this was the most reason why someone do some staking but let's just accept the fact that staking is for rich people and those people who can't afford to invest/stake higher amount of money they should be happy with what they got and appreciate the return even though it's small at least there's a return if you compare it to bank which does makes sense that the difference is big.

I believe there is an option that you can take your money back anytime you like after staking so it's a win-win though.

Keep in mind, that not all staking opportunities let you take back your investment instantly. Most of the time when you stake your crypto, there is a locking period and you can only take the money out of staking once that locking period is over.

For those who argue that staking does not give big returns should know that staking ROI may be low but you have to do nothing in order to get these rewards. Staking is an easy money making process.

[Oceat]

Sigh, I don't expect anyone complaining about annual returns on staking when your bank account cant even earn up to that amount per year, I have over 30,000$ in my bank account and I can't even take a loan of 1000$ per month, again I don't receive any reasonable returns on this money.

Yeah, I guess this was the most reason why someone do some staking but let's just accept the fact that staking is for rich people and those people who can't afford to invest/stake higher amount of money they should be happy with what they got and appreciate the return even though it's small at least there's a return if you compare it to bank which does makes sense that the difference is big.

I believe there is an option that you can take your money back anytime you like after staking so it's a win-win though.

Keep in mind, that not all staking opportunities let you take back your investment instantly. Most of the time when you stake your crypto, there is a locking period and you can only take the money out of staking once that locking period is over.

For those who argue that staking does not give big returns should know that staking ROI may be low but you have to do nothing in order to get these rewards. Staking is an easy money making process.

Yeah, it's almost like doing some faucet but staking is much better than faucet since it's an easy money task so the risk is less that's why the return is less too. It's the same goes for high risk, high rewards investment so it's up to the person how knowledgeable they are about to a certain investment. It almost looks like a gambling only if you don't have enough knowledge about it but for those who have knowledge it's a 50% chance to win and 50% chance that they might lose it.

[i8v8i]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking now is very popular because different DeFi products use staking to offer different financial services.
To be demand every project must have a good liquidity and a lot of users.

Staking is ecological frendly, it does not requires electricity. It allows to attract attention to the project and unite the community of users.

[reil2014]

Try stake on Dex.
Staking now is great than trading. Thats my opinion.
Have you try dex.leonicornswap.com
Its great to search #LEOS

[bittraffic]

Try stake on Dex.
Staking now is great than trading. Thats my opinion.
Have you try dex.leonicornswap.com
Its great to search #LEOS

LEOS is not very popular, I'm probably the only person who took notice to it.

On twitter there are discussions about ADA staking which people are suggesting to  withdraw the ADA they have from exchanges to stop staking in centralize exchanges.
Half of the people I believe contradicts this position because staking on Binance for example gives them 5% than staking on personal wallet which is just about 2%.  The math speaks more when it comes to where to stake though.

[MrDave]

it is still better than deposite money in a bank, no?

[Questat]

snip~

LEOS is not very popular, I'm probably the only person who took notice to it.

On twitter there are discussions about ADA staking which people are suggesting to  withdraw the ADA they have from exchanges to stop staking in centralize exchanges.
Half of the people I believe contradicts this position because staking on Binance for example gives them 5% than staking on personal wallet which is just about 2%.  The math speaks more when it comes to where to stake though.

Well, the thing is that staking become the preference if you wanted to earn more percentage compared to just holding it in your pocket.
I even imagine that 5% staking ADA is quite big enough as I'd sometimes staked 3% APY from the other coins. It was then to notice that APY percentage depends on the market volume and the popularity of the project, it was to see that less popular gain the higher APY compared to old coins. Like to see this kind of offering...
https://bitcointalk.org/index.php?topic=5393821.0

[Daniel347]

why dont u try to stake your token or coin in the brand new staking platform , well i will put the link down below.

it is free to read and send any question on it.


www.ars-defi.io

cheerssssss.....!

[Captain Corporate]

 It makes sense for me, I mean it looks like a profitable thing, staking could be something that we could do just to earn a good side income. Passive income is something that we as humans keep looking at all the time. The idea of "you will not work, you will sleep and eat and have fun, while you still earn money" is just something unreal to us and staking provides exactly that. As long as it exists, there will be many people who will invest, and as long as it continues to give some returns, there will be hype about it as well. I have some Cake that I stake, and I will probably never sell that unless Cake crashes to under 2 bucks.

[Little_Sister]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Based on the estimation of having earned 9.5% annual profit, that's a realistic result even though the interest is higher than the bank and if you use $ 1k then the profit is not much but the profit is guaranteed. At least you prepare $10k funds then it will get $950 in a year.

[tvplus006]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

If you do not have time to work with your capital, since it is very large, then in this case it is necessary to place your money on staking. Thus, you will receive a passive income of 9.5% per annum, which is much higher than on a deposit in a traditional bank.

[2lica]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Based on the estimation of having earned 9.5% annual profit, that's a realistic result even though the interest is higher than the bank and if you use $ 1k then the profit is not much but the profit is guaranteed. At least you prepare $10k funds then it will get $950 in a year.

Exactly.. it's all up to numbers and 9.5% sounds right.
Higher rewards from staking = higher risk

[Republikcoin.com]

Based on the estimation of having earned 9.5% annual profit, that's a realistic result even though the interest is higher than the bank and if you use $ 1k then the profit is not much but the profit is guaranteed. At least you prepare $10k funds then it will get $950 in a year.

The guaranteed profit is a passive profit with a certain amount of capital and I think it's also not bad to do as long as that amount of capital is not used in other jobs because some people when they have that much capital there must be a new job that they will do wake up if he has unusual abilities or abilities that are more than other people in general.

[jorjeIII]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking is ecological frendly, it does not requires electricity. It allows to attract attention to the project and unite the community of users.

Now many projects use staking to allow their users to earn passive income.
Staking allow to earn money and unite the community around the project.

[sensimilia]

Yes staking makes a lot of sense in terms of zero equipment requirements but lesser profits compare to building a mining farm, also you enjoy staking you need lots of cash, I mean a lot for reasonable returns.

If you're here in Rico and Off Me, it's easier than you think to build a mine on your own and there's no need for any maintenance.  It may still be there but ATI so I don't think it can be big if you make more people through it

[Pandu Geddon]

Based on the estimation of having earned 9.5% annual profit, that's a realistic result even though the interest is higher than the bank and if you use $ 1k then the profit is not much but the profit is guaranteed. At least you prepare $10k funds then it will get $950 in a year.

The guaranteed profit is a passive profit with a certain amount of capital and I think it's also not bad to do as long as that amount of capital is not used in other jobs because some people when they have that much capital there must be a new job that they will do wake up if he has unusual abilities or abilities that are more than other people in general.

I believe staking only makes sense for long term assets that have a pretty good market. while for new tokens, I will not join there. even though the APY offered by the new token is larger, it does not guarantee its value will increase. only the quantity increases, but the value of the tokens we have can continue to disappear.
Staking only for fixed altcoins. Even though the APY offered is small, its value will not run out quickly.

[Teraboy]

it is still better than deposite money in a bank, no?

As far as i know that if staking was offering more interest compared with the bank (depend on what platform it is0. you can determine that by yourself whether if it's offering more APY or not but again different platforms and different APY. this means when you are staking your money and im sure that you can earn better rather than keep your money passively into your bank account. So many people are prefer to staking their tokens instead of put their money into their bank accounts.

[Abiky]

A 95$ annual interest on a 1000$ USDT is already 9.5%.
That is higher than the regular banks right now. How much interest bank gives to the users? Some gives less than a percent annually and there are some who has hidden charges. Also include inflation since its fiat.

I mean there is nothing wrong and nothing laughable with staking coins? Its like holding a stock that gives you dividends. The concept is the same but with different asset only. Why we are doing this? Hmmm maybe because we want passive income? I'd like to invest it into staking coins though than putting it in my bank account LOL.

Exactly. Staking crypto is so much better than just saving your money at a bank. Of course, the risks of loss would be higher with staking than all the other way around. It all depends on what you want to do with your money. I'd choose staking over saving anytime since it's very lucrative in the long run. Most cryptocurrencies reach higher prices over time, so your profits will be even bigger in the future. As long as you don't put all of your eggs in one basket, you'll have nothing to worry about. Just my opinion

[$anounimus$]

Staking is still too complex and difficult a process for the average user. The lack of proof-of-staking, or the actual rewards provided, is what holds people back at this point. While this may very well change in the future, right now it is unlikely that a large number of users will adopt staking as a primary way to earn passive income outside of just sitting on their tokens. Investing on your own requires knowledge, self-control, and the ability to stay away from stress.

[barbara44]

It makes sense for me, I mean it looks like a profitable thing, staking could be something that we could do just to earn a good side income. Passive income is something that we as humans keep looking at all the time. The idea of "you will not work, you will sleep and eat and have fun, while you still earn money" is just something unreal to us and staking provides exactly that. As long as it exists, there will be many people who will invest, and as long as it continues to give some returns, there will be hype about it as well. I have some Cake that I stake, and I will probably never sell that unless Cake crashes to under 2 bucks.

The main problem with staking is that, you are getting something that has inflation, but others do have it too, so you have to calculate how much it is. For example, bitcoin does have inflation, newbitcoins are mined constantly, hundreds of them everyday, tens of millions of dollars worth of bitcoin printed every single day.

But that is eaten up in the market because of how high our volume is, and it is not that important, and the inflation is very little there. Whatever you are staking, if it is decent and not a lot and can't be really hurting its financials, then it is fine, but if it is printing too much then we are going to end up with a high inflation for that token and it could cause a problem.

[Lunafox]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Now many projects use staking to allow their users to earn passive income.
Staking allow to earn money and unite the community around the project.

Staking is profitable when cryptocurrency market rise but when market falls the price of staking falls too and the income from staking does not help.

[Cadaver20]

Staking is profitable when cryptocurrency market rise but when market falls the price of staking falls too and the income from staking does not help.

When the cryptocurrency market falls, the price of your stake coins can go down a lot. Even a small amount of passive income can be the reason for your huge loss. Then you will not have to do much because your assets will be locked for a certain period of time.

[SafeSpaceCrypto]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking is profitable when cryptocurrency market rise but when market falls the price of staking falls too and the income from staking does not help.

Many people use staking because staking of profitable and allow to earn passive income.
But not all staking projects are profitable and it is important to carefully choose the projects for staking.

[MiF]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Well i think staking is good you can earn in staking buy holding the coins on some staking platform,try to stake an altcoins and you will see a big return example is the cd3d coin and there are also so many coin you can choose an altcoins instead of usdt i think it depends on the coin you hold and the staking platform you choose.

[Abiky]

Staking is still too complex and difficult a process for the average user. The lack of proof-of-staking, or the actual rewards provided, is what holds people back at this point. While this may very well change in the future, right now it is unlikely that a large number of users will adopt staking as a primary way to earn passive income outside of just sitting on their tokens. Investing on your own requires knowledge, self-control, and the ability to stay away from stress.

Of course. Staking is not for everyone, especially when there's some level of technical knowledge required when doing such practice. There are a lot of risks involved, so staking only makes sense to those who have some spare money willing to lose it at some point in the future. With volatile market prices and fluctuating interest rates, some people may prefer to save money at a bank instead. If you're willing to take risks, then I'd recommend staking over saving money at a bank anytime. I've been staking for 3 years now and have obtained great results. Stablecoins are usually the most profitable especially when the Blockchain in question has low transaction fees.

By investing a small portion of your money every week on "De-Fi" apps, you can build a nice passive income system that will last for years. As long as you don't invest more money than what you can't afford to lose, you'll have nothing to worry about.

[lizarder]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Well i think staking is good you can earn in staking buy holding the coins on some staking platform,try to stake an altcoins and you will see a big return example is the cd3d coin and there are also so many coin you can choose an altcoins instead of usdt i think it depends on the coin you hold and the staking platform you choose.

basically everything really depends on how we use it, there are many altcoins available in the market, so it gives us choices to choose, as well as the existing platforms, the problem is when there are many choices, but we can't choose the best one, the return really depends on how we start investing, if the investment is good, then we will also receive a perfect return

[Angry_Kitty]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Many people use staking because staking of profitable and allow to earn passive income.
But not all staking projects are profitable and it is important to carefully choose the projects for staking.

Staking make sense when cryptocurrency market rise and people earn money on staking.
But when market falls the profit from staking does not compensate the lose from fall the price.

[Daniel347]

[ Staking make sense when cryptocurrency market rise and people earn money on staking.
But when market falls the profit from staking does not compensate the lose from fall the price.]
[/quote]

Yes Indeed, that why we need a good staking platform that has a back layer for backing up the price.
so it is very important to keep the price up or at least make the  price stable.

cheers !

[Blowon]

Staking has a portion and consideration that has been prepared from the features on the platform, of course the better the coins that are staked the less reward you get besides the place where you staking also affects your income. So do you want a bigger payoff than that? Of course you can, but the risk is also big, you can try the DeFi feature, namely Yield Farming, they are quite good in big income but the risk is very high. Staking with $1000 to earn $98 in a year I think that is the rule of the place where you are staking.

[jahepahit]

you shouldnt expect anything higher than that except you want to give your funds for vanishing. usual banks cant even do closer to that. try with big funds and see what the return will be. and you know what, a year will be done like a flash because your mind wont be there at all.

[Lagduf]

if you try staking a more volatile altcoins you could get tremendous return of investment that of course also being accompanied by greater risk of losing your investment.
honestly if it’s staking stablecoin you should never expect anything big out of it because there are literally thousands of people that are intending in staking their stablecoin just filling the void that they have in holding
an altcoin without being somehow productive.
most of the time, if you really wanna seek real profit you should go with staking a newly founded altcoins they usually have great reward waiting for you but of course as I said earlier greater APY means greater risk as well
so the decision in term of staking and risk management is yours.

[gurunanakji777]

I feel if you invest in the BTC or Ethereum you would in much more profit as compared to just 95$ in a year but staking is not for everyone. USDT staking is the safest staking. Those who don't want to take risks to hold their money in the USDT so they enjoyed little amount also from the staking and staking with little amount is not useful in my opinion. The big investors makes huge profit by investing huge money in the staking So staking is more beneficial for big investors.

[cryptoserega]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking make sense when cryptocurrency market rise and people earn money on staking.
But when market falls the profit from staking does not compensate the lose from fall the price.

Staking is popular when cryptocurrency market rise, but when cryptocurrency market falls there is now reasons for staking because the fall of the price of tokens do not compensate the profit from staking.

[7788bitcoin]

I feel if you invest in the BTC or Ethereum you would in much more profit as compared to just 95$ in a year but staking is not for everyone. USDT staking is the safest staking. Those who don't want to take risks to hold their money in the USDT so they enjoyed little amount also from the staking and staking with little amount is not useful in my opinion. The big investors makes huge profit by investing huge money in the staking So staking is more beneficial for big investors.

If you are having a large amount of coins in your disposal then i would say that staking is a much better way of earning  a profit for the coins your are holding for the long term, no one would stake stable coins as the APY is not that great unless you have a much larger reserve, if not if you are sticking to alts and for the long term then staking is not a bad option.

Once ETH turns POS if you are holding a much larger amount of coins then it is the best possible situation considering you are holding it for the long term.

[Dragonbite]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking is popular when cryptocurrency market rise, but when cryptocurrency market falls there is now reasons for staking because the fall of the price of tokens do not compensate the profit from staking.

Staking now very popular. A lot of projects use staking to attract users and to unite the community of users.
For staking it is necessary to be profitable to attract attention to the project.

[Webetcoins]

you shouldnt expect anything higher than that except you want to give your funds for vanishing. usual banks cant even do closer to that. try with big funds and see what the return will be. and you know what, a year will be done like a flash because your mind wont be there at all.

What people need to understand is that anything over 100% could be maybe legit or a scam but in the end it will fail nevertheless. More than doubling each year is a high enough inflation that even crypto market can't cover, normally I would say it could be possible for things that are super hyped, but not every year and then the year it doesn't will make it go down and that will cause an exponential drop. That’s just what I think will happen.

So, if you are looking for staking, look at things with low rate, why? Because even though it gives you lower rate and lower return, it means that it could be sustainable and it could go on for many years that way.

[budz0425]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

For me, 95$ is worth enough since I'm not very good at trading. but if you are Good at trading then Staking is not for you!
Staking in stable coins for me is the safest than trading since you are staking in Binance. comparing staking and keeping money in Bank I can say more profit in staking than keeping money in the bank

[DeFi Doge]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking now very popular. A lot of projects use staking to attract users and to unite the community of users.
For staking it is necessary to be profitable to attract attention to the project.

Staking make sense when it alow to earn money.
It happens when cryptocurrency market rise. But when market falls the profit from staking does not cover the loses from fall of the market.

[First_on_the_Moon]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking make sense when it alow to earn money.
It happens when cryptocurrency market rise. But when market falls the profit from staking does not cover the loses from fall of the market.

Staking allows to earn passive income on holding tokens. It is very popular during the rise of the market.
But after the rise of the market will be a fall of the market and staking will not be so popular.

[i8v8i]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking allows to earn passive income on holding tokens. It is very popular during the rise of the market.
But after the rise of the market will be a fall of the market and staking will not be so popular.

Now a lot of new staking projects appear and investors have a big choice where to invest their money.
First of all it is necessary to check how usefuls is a project to understand the demand in it and in its products and tools.

[yurez]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

For a conservative crypto investor, this is an adequate return with minimal risks. Staking stablecoins is an alternative to bank deposits, it is like a cryptocurrency deposit. Compared to yield farming, the percentage here is much lower, but staking stablecoins is much safer and does not take a lot of nerves and time. I think this is one of the best solutions for investors with large balance.

[Oasisman]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

I will laugh even harder for the amount of money you put into staking and expect something bigger than that in return.
-Put that money in the bank and see the huge difference.
-Put $100k into staking to stable coins and see the huge difference.
-Put that money into a project that has high risk high return and see the difference.

Otherwise If you don't enjoy the return, then go ahead and buy Bitcoin and hold it. That's another option in earning more than that $95 in a year. However, that depends If the market becomes bullish again next year.

[ardydyon]

Staking is very promising for investors who still keep the coin to invest.
Staking is very attractive when it offers very high interest to stake within a specified timeframe.
I think it's up to each one because the profits and losses are in the hands of the coin owner himself.
Staking will always be interesting because it can provide promising passive income every day.
maybe you can give it a try because you will get results instead of you laughing so hard that you almost flip your laptop over

[rozak]

Staking is very promising for investors who still keep the coin to invest.
Staking is very attractive when it offers very high interest to stake within a specified timeframe.
I think it's up to each one because the profits and losses are in the hands of the coin owner himself.
Staking will always be interesting because it can provide promising passive income every day.
maybe you can give it a try because you will get results instead of you laughing so hard that you almost flip your laptop over

Staking assets does provide good passive income, especially for investors with long-term planning.
but don't expect the results from staking to be very large, because most of the popular altcoins staking most platforms that provide staking don't provide a good enough APY. those who offer large APY are usually tokens from new projects. it is to attract new investors who will buy their tokens. I hope you are careful with staking assets from new projects because their market is not strong yet, it could be affected by the price. it will result in your staking will not be profitable even though the quantity increases but in fact, the value decreases.

[Cryptoababe]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

People stake money instead of just leaving it and looking at it without growing. At least you earn 95 usd without doing anything.
So, its something. And imagine staking 100 thousand Usd. We can also say. Staking with low APY is only for the rich

[joeperry]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

They are not all have the same return to you, most of the time the lower the return the many people stake into it like in Binance. If you are looking to a high yield staking, it could be risky. I usually don't trust staking that offers more than 30%-40% APY so be careful in joining high yield staking.

[Koinal.io]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Now a lot of new staking projects appear and investors have a big choice where to invest their money.
First of all it is necessary to check how usefuls is a project to understand the demand in it and in its products and tools.

Now staking is very popular and in demand.
But usually people do not pay attention to the tools and products that offer staking platform.
They pay attention to profit of staking platform.

[iv4n]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

People stake money instead of just leaving it and looking at it without growing. At least you earn 95 usd without doing anything.
So, its something. And imagine staking 100 thousand Usd. We can also say. Staking with low APY is only for the rich

Exactly that Cryptoababe, staking with low APY is only for the rich! The math is simple, OP chose 9.5% APY per year, invested $1000 and he got $95 for that! It's something, as you said, without doing anything! It's a stable coin, so no risk of a price drop!
I like to choose riskier staking options, and I must say I am satisfied with that! It's not something we do for a quick profit, I like to stake different coins and it's how I earn them, with a bit of luck one of those coins can do something more in the future!

[NewRanger]

Now staking is very popular and in demand.
But usually people do not pay attention to the tools and products that offer staking platform.
They pay attention to profit of staking platform.

they only focus on yearly rate ratio , no matter about utility or price future when it staked. when we decided to stake make sure we are ready if get impermanent loss in staking periode. some people not ready wth condition and prefer to unstake it. several projects also have stake drop campaign that usually come to cosmos ecosystem.

[Lagduf]

Now staking is very popular and in demand.
But usually people do not pay attention to the tools and products that offer staking platform.
They pay attention to profit of staking platform.

they only focus on yearly rate ratio , no matter about utility or price future when it staked. when we decided to stake make sure we are ready if get impermanent loss in staking periode. some people not ready wth condition and prefer to unstake it. several projects also have stake drop campaign that usually come to cosmos ecosystem.

this is kinda true so many stakers getting fixated in the yearly return of investment even though this could be very well meaningless if the project that they are staking in eventually flops at the end of the day.
utility and fundamental of a project should also be of concern if ones trying maximize their profit from staking, just imagine having the staking period almost finished and at the same time the valuation for the project has increased significantly due to bullrun.
meanwhile the meme coins that offers tremendous amount of APY losing value day by day and eventually makes the valuation next to dust and the time that we spent for staking eventually becoming meaningless.

[NicNacCoin]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Why you should have noticed while staking.Be sure to notice before doing anything. When you go to start staking, of course, one percent of what you do for a day is show below.And how much profit will come in a year is definitely show below.

[tazmantasik]

Some staking list coins could be priority if you want get profit and passive income less risk, but always have bad thing when you try with staking without stable price of some coin

• AXS 70% APY
• SFUND 75% APY

Still favorite for my decision with both coins but always keep mind when bitcoin drop both coin above AXS and SFUND not stable on the top price, but keep worth with stable APY for AXS and SFUND coins.

[blockman]

Some staking list coins could be priority if you want get profit and passive income less risk, but always have bad thing when you try with staking without stable price of some coin

• AXS 70% APY
• SFUND 75% APY

Still favorite for my decision with both coins but always keep mind when bitcoin drop both coin above AXS and SFUND not stable on the top price, but keep worth with stable APY for AXS and SFUND coins.

I'm staking AXS but I've got a very small amount of it. But I'm good with as if it's just going to be there for years and will see how much it will gain.
Those that have thousands of it or the early whales or those who have bought hundreds to thousands of it before the pump, they're now enjoying their daily gains as they stake it.

[Abiky]

I will laugh even harder for the amount of money you put into staking and expect something bigger than that in return.
-Put that money in the bank and see the huge difference.
-Put $100k into staking to stable coins and see the huge difference.
-Put that money into a project that has high risk high return and see the difference.

Otherwise If you don't enjoy the return, then go ahead and buy Bitcoin and hold it. That's another option in earning more than that $95 in a year. However, that depends If the market becomes bullish again next year.

Staking is actually good if you know how to play your cards right. The crypto market is extremely volatile so you could risk losing it all in an instant if you make a small mistake. Banks are a much safer bet but the returns are very low. What to do with your money is entirely up to you.

While staking does come with its benefits, I believe you'll achieve greater returns buying and "hodling" Bitcoin in the long term. After all, Bitcoin's the best-performing asset of all time. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my opinion

[Balmain]

I think people are not looking for pleasure, they are looking for profitability. Staking on some platforms is risky yes, but the annual rates can be very high. Instead, they prefer lower annual rates and more reliable projects. Go to the bank and ask how much it will earn you annually. After that, you will understand why people prefer cryptocurrencies. Defi is a really good model and a good source of income for many investors.

[barbara44]

I will laugh even harder for the amount of money you put into staking and expect something bigger than that in return.
-Put that money in the bank and see the huge difference.
-Put $100k into staking to stable coins and see the huge difference.
-Put that money into a project that has high risk high return and see the difference.

Otherwise If you don't enjoy the return, then go ahead and buy Bitcoin and hold it. That's another option in earning more than that $95 in a year. However, that depends If the market becomes bullish again next year.

People do not really realize how much nearly 10% return is. I mean they never really considered crypto investment as a stable thing, so when they see a stable"ish" levels of return they do get weird about it. To them, if they want something realistic and normal then they would have stayed in the fiat world and never come to crypto world, but since they are here that means to them they should be making like 500% returns a year or something.

I personally stake everything I can, maybe people do not know this but you could "stake" or basically earn interest because it is not staking in the correct sense of the word, bitcoin, bnb, eth, ltc, usdt, busd and all that. These are trusted coins or stablecoins, and I love the results.

[LaCucina]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Now staking is very popular and in demand.
But usually people do not pay attention to the tools and products that offer staking platform.
They pay attention to profit of staking platform.

Many people are looking for new and prospective projects for investment and participating in staking.
Usually investors prefer to stake in the projects with high income.

[tazmantasik]

Some staking list coins could be priority if you want get profit and passive income less risk, but always have bad thing when you try with staking without stable price of some coin

• AXS 70% APY
• SFUND 75% APY

Still favorite for my decision with both coins but always keep mind when bitcoin drop both coin above AXS and SFUND not stable on the top price, but keep worth with stable APY for AXS and SFUND coins.

I'm staking AXS but I've got a very small amount of it. But I'm good with as if it's just going to be there for years and will see how much it will gain.
Those that have thousands of it or the early whales or those who have bought hundreds to thousands of it before the pump, they're now enjoying their daily gains as they stake it.

Early entry staking on AXS most lucky trough still have lower price, but bad thing for every one bought AXS on higher price above $100 because drop almost 50% right now and stuck on $47. This risk from staking coin when entry with higher price always have potential loss much assets but profitable for early entry staking trough AXS still on lower price. I think not good thing if try with staking on AXS right now but still have potential price up happen last several week from $50 reach until $70 before drop under $50 nowadays.

[Lunafox]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Many people are looking for new and prospective projects for investment and participating in staking.
Usually investors prefer to stake in the projects with high income.

Staking especially popular when cryptocurrency market rise and holders can increase their profits from holding.
But when cryptocurrency marekt falls the demand in the staking discreases.

[Poker_Faces]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking especially popular when cryptocurrency market rise and holders can increase their profits from holding.
But when cryptocurrency marekt falls the demand in the staking discreases.

During the fall of the market profit from staking do not compencate the lose of the price fall.
That is why many people stop staking and sell their tokens.

[Ever-young]

For me I see no much gain in staking any stable coin on Binance. Where I enjoy staking currently now is rebase.. were are users can just hold token and the interest will be increasing every day by day almost 1.9% of users total holding which is almost 100% APY within a month.
Tokens like
1. Astake
2. Sphere finance which is under Polygon Smartchain.

[SAWACrypto]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

During the fall of the market profit from staking do not compencate the lose of the price fall.
That is why many people stop staking and sell their tokens.

There are a lot of staking projects but also among staking projects there are a lot of scams which promise a big profit but do not pay it.

[max6575]

newbie investors might find difficulties on extent as managing plan on investment and needed of utility to helps as improving situation. as decision to work with the customs of staking might not gives of reference as improving loyalties as part on newbie investors to work on dedication with the manage of tasks of fundamental evaluation of the token.
they needs of shorter way to work with use of their resource as returns with the customs of staking might stands with the distance of terms on progress with the acceleration on newbie investors to return with the same or similar plan on repetitiveness.

[kryptocanon]

First of all, staking in bear season is the best time to stake coins. Try this and see what you accumulated by the time the market picks back.

However, The return you get on a stable coin like usdt can never be compare to what you get from these DeFi projects. And I think NFT staking also happen to be one of the best go ever happen as it yields good profit.

[prosperoustop]

Try different variants of staking and it is all time works in big -- If you will stake stablecoins - better go to the bank and you will have better percents!

[Kelvinid]

For me I see no much gain in staking any stable coin on Binance. Where I enjoy staking currently now is rebase.. were are users can just hold token and the interest will be increasing every day by day almost 1.9% of users total holding which is almost 100% APY within a month.
Tokens like
1. Astake
2. Sphere finance which is under Polygon Smartchain.

Honestly, staking will never give you a decent reward, this just only serves as an additional income while you are holding and waiting for the time you sell them. We can't expect to double our investment just staking but at least, you get a few bucks from the time you've staked. Some people never appreciate it as they expect a lot like to have 10% APY, 100%APY, that is not really big to think we can earn more.

[Faisal2202]

I got your point, we can earn more than 90$ from 1000$ if we use it in trading, but i think you were doing a stable and risk free staking, if you really want to earn money in crypto you have to spread your wings and risk your money, like join best not highest like moderate rewarding (staking) platforms, so that in future you could also get their airdrops + Staking reward, Staking is more beneficial for big investors,

[Smack That Ace]

For me I see no much gain in staking any stable coin on Binance. Where I enjoy staking currently now is rebase.. were are users can just hold token and the interest will be increasing every day by day almost 1.9% of users total holding which is almost 100% APY within a month.
Tokens like
1. Astake
2. Sphere finance which is under Polygon Smartchain.

Honestly, staking will never give you a decent reward, this just only serves as an additional income while you are holding and waiting for the time you sell them. We can't expect to double our investment just staking but at least, you get a few bucks from the time you've staked. Some people never appreciate it as they expect a lot like to have 10% APY, 100%APY, that is not really big to think we can earn more.

I disagree with you on this, staking can also bring you great rewards. If you staking on a potential project, staking will help you increase the number of coins you are holding, and if the coin you are staking on has impressive growth in the future, your rewards will be huge.

The downside of staking is that when you don't want to stake anymore, it will take some time for you to get your coins back(about 15 to 30 days depending on each project). So you won't be able to sell high when it goes up in price.

[GigaBit]

It is clear that the more you put in your asset stacking, the higher the return. It depends entirely on yourself. There are many people here who have made a good fortune by stacking large amounts of assets. Moreover, the conventional bank cannot give this amount of annual return. So I applaud it.

[Cadaver20]

I think staking is a good way to earn a passive income for people with a weak heart. Because they are afraid to invest their money because there can be profit or loss from investment. So what's the harm in staking money instead of just depositing it? Rather, it is better to get as much profit as possible from here.

[RussianEnglishTranslation]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

You're talking about Binance staking, which is a different beast than normal staking. They have limited staking time windows and the higher time windows are unobtanium because they fill up immediately. They offer good rewards but I find that it's better to invest in POS coins directly, like Celo and ICP, and stake those myself. Plus you don't have to worry about Binance getting hacked or your account getting hacked or KYC regulations changing for your country etc.

[Pejoh Asu]

Staking is a very good and profitable thing, if we plan for long -term investments, staking is the best solution to get 2 profits, namely future price increase Wallet then the PC is in good health, if doubtful because it is exposed to malware, it is better to use a platform from Android which is proven to be stronger than Metamask.

[marcous]

Staking is a very good and profitable thing, if we plan for long -term investments, staking is the best solution to get 2 profits, namely future price increase Wallet then the PC is in good health, if doubtful because it is exposed to malware, it is better to use a platform from Android which is proven to be stronger than Metamask.

But as long as I've been using Metamask up to now, I haven't had any problems, including strange things like malware, for example. So I don't think it's a problem if you still use a PC and a wallet from the Metamask platform, as long as it's still very safe and can be controlled well even though using the Android platform is also not bad.

[TmHsHel]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

There are a lot of staking projects but also among staking projects there are a lot of scams which promise a big profit but do not pay it.

Now cryptocurrency market falls and staking is not so popular like during the rise of the market.
That is why the demand in staking is not so high.

[btc78]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

So you stake without checking how much you are going to receive ?

There are even best to stake at the moment and you can earn for 30,60,90 days and not a Year long so i am wondering why you chooses that one>?

This market is for Knowledgeable only and not for those Noob that only wanted to earn but not to learn.

Staking is a very good and profitable thing, if we plan for long -term investments, staking is the best solution to get 2 profits, namely future price increase Wallet then the PC is in good health, if doubtful because it is exposed to malware, it is better to use a platform from Android which is proven to be stronger than Metamask.

as long as we are in the legit and trusted site staking then indeed that this is the most profitable that safer , I have been staking for more than 2 years now and all i can say? it is worth a try and respect .

[Abco]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Now cryptocurrency market falls and staking is not so popular like during the rise of the market.
That is why the demand in staking is not so high.

The competition between cryptocurrency projects with staking is very big that it is necessary to attract attention to the project and unite the community.

[Cairo_Finance]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

The competition between cryptocurrency projects with staking is very big that it is necessary to attract attention to the project and unite the community.

Competition between the cryptocurrency projects is big because there is demand in such projects and a lot of new projects appear.

[prosperoustop]

I check a lot of different platforms for staking, and I undestand one thing - the best staking with stable coins! But banks in my country gives the same percents for investments!

[royalfestus]

Staking is a very good and profitable thing, if we plan for long -term investments, staking is the best solution to get 2 profits, namely future price increase Wallet then the PC is in good health, if doubtful because it is exposed to malware, it is better to use a platform from Android which is proven to be stronger than Metamask.

Staking is good and I consider it a stronger form of token economics but I still think it need more improvement to the idea. Imagine the staked ethereum of around 10% is allowed to be release to owners with the return in 2 weeks now, the market will dump bad to something scary. Irrespective of the attractive returns token releases in staking should be properly managed or disbursed.

[Sled]

Staking is good and I consider it a stronger form of token economics but I still think it need more improvement to the idea. Imagine the staked ethereum of around 10% is allowed to be release to owners with the return in 2 weeks now, the market will dump bad to something scary. Irrespective of the attractive returns token releases in staking should be properly managed or disbursed.

What do you mean by a stronger form of economics?
Well, the truth is that you can't earn more from staking. Some people do staking as an alternative way of making money while holding but apparently, the returns are just small. Not this thing we could rely upon growing our money if we really want to and it also increase risk to our end knowing that we giving control of ur coins to the exchanger.

[Lagduf]

I think staking is a good way to earn a passive income for people with a weak heart. Because they are afraid to invest their money because there can be profit or loss from investment. So what's the harm in staking money instead of just depositing it? Rather, it is better to get as much profit as possible from here.

I definitely disagree that staking is for the weak hearted, there are so many staking that involves risk against your investment portfolio like the ones that have quite higher APY usually carries bigger price fluctuation and that alone could sometimes be a lot more
harmful for your investment because sometimes staking requires locking for some period and just imagine the value plummeting and you could do nothing but wait your staking out until the lock gets off.

if anything the only safe option for staking is USDT, USDC and the likes but they have disadvantage that is requiring long time staking and also relatively low APY so i won’t agree if you say that staking is for weak hearted.

[Dragonbite]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Competition between the cryptocurrency projects is big because there is demand in such projects and a lot of new projects appear.

A lot of new projects appear when cryptocurrency market rise but when market falls the deman in cryptoassets is not so high. During the fall of the market people lose their interest in cryptocurrency.

[Abiky]

I disagree with you on this, staking can also bring you great rewards. If you staking on a potential project, staking will help you increase the number of coins you are holding, and if the coin you are staking on has impressive growth in the future, your rewards will be huge.

The downside of staking is that when you don't want to stake anymore, it will take some time for you to get your coins back(about 15 to 30 days depending on each project). So you won't be able to sell high when it goes up in price.

Waiting for days in order to withdraw your staking rewards is usually applicable to DPoS coins and "De-Fi" smart contracts. But the same rule doesn't apply to average PoS coins like Peercoin, Blackcoin, Reddcoin, and Diamond. In these type of coins, you're responsible of leaving the wallet open at all times in order to earn staking rewards. You can cash out anytime you like, making them extremely convenient if you need the money in a hurry.

The problem with staking is that your rewards are entirely dependent on the number of people staking on the network and current market price. If there are a lot of stakers on the network, your reward will be low. Same goes with market price if it goes all the way down the drain. I'd do both staking and mining just to minimize as much risks as possible. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my thoughts

[Lagduf]

It is clear that the more you put in your asset stacking, the higher the return. It depends entirely on yourself. There are many people here who have made a good fortune by stacking large amounts of assets. Moreover, the conventional bank cannot give this amount of annual return. So I applaud it.

the main reason that conventional bank could only give away smaller APY because it’s more or less a more secured way of investment rather than the volatile investment that are offered in many of the staking platform.

I mean even staking with altcoin like USDT, USDC and the likes also gives out smaller APY than the volatile ones so you should take into account the fact that the risk in investing have huge roles here.
the main thing that makes staking seems more interesting is because it’s techy and also flexible it’s just looks better than the ones conventional banks offered I guess.

[ItsCrafty]

I did not like to stake in exchange because I not found it safe and Apy is not good for me. Some exchanges change their rules for country and banned so this why I like to stake on best validator rather than exchange. CRO,Osmo and cosmos is best for staking. Osmo reward is best but now because of market condition it's price is very down.

[rozak]

I did not like to stake in exchange because I not found it safe and Apy is not good for me. Some exchanges change their rules for country and banned so this why I like to stake on best validator rather than exchange. CRO,Osmo and cosmos is best for staking. Osmo reward is best but now because of market condition it's price is very down.

The APY that the exchange offers isn't that great for certain assets. it's like a gamble if you have to stake an asset for a certain time only for a larger quantity profit, not a growing asset value.
I know the long-term progress to be made for the assets we stake. only then can we get the benefits. because some exchanges also provide offers for planning the time we stake. It all depends on our abilities and needs. 1 month, 3 months, or 1 year.

[Rasa nanas]

if you do not stake the USDT you have then the value of the assets you own in the coming year remains at $1k because the USDT value does not change. with stake the amount of USDT you have in the coming year will increase from 1000 to 1095. people who do this are risk averse because stakes other than stable coins have the risk of decreasing the price of the coin.

[kesmex]

Staking can give you a lot of profit, but not all altcoins have a high reward ratio, but indeed,
it can give you passive income every month, and when the bear market comes, staking will be a very helpful thing,
therefore you should try staking, maybe on Binance, because it's safer there

[DeFi Doge]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

A lot of new projects appear when cryptocurrency market rise but when market falls the deman in cryptoassets is not so high. During the fall of the market people lose their interest in cryptocurrency.

After the fall of the market will be rise but it is very difficult to predict how long will be a fall of the market.
A lot depends on the economic situation in the world.

[molsewid]

if you do not stake the USDT you have then the value of the assets you own in the coming year remains at $1k because the USDT value does not change. with stake the amount of USDT you have in the coming year will increase from 1000 to 1095. people who do this are risk averse because stakes other than stable coins have the risk of decreasing the price of the coin.

I agree, it will remain the same if he will not stake it but if he do there's a small to big changes will happen in the total amount he stake. Staking is better if the amount you are holding is big and the apy looks promising, but the cons in some coin is the price might go deeper depending to the market situation.

[roslinpl]

I had think,the staking play huge role to earn money.But it’s only useful,once you had stake minimum of 1million dollars.The less investment was small investors will give the tokens.The gifted token price will reach high in short period.It just need of huge investment.This staking can be replaced with the opinion of investment in the trusted project of longer period.

[Edain Software]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

After the fall of the market will be rise but it is very difficult to predict how long will be a fall of the market.
A lot depends on the economic situation in the world.

The conditions of the market depends on the economic situation in the world. The price of cryptocurrency depends on demand in it.
Now adoption of digital assets grow and the demand in cryptocurrency increases.

[Pamadar]

if you do not stake the USDT you have then the value of the assets you own in the coming year remains at $1k because the USDT value does not change. with stake the amount of USDT you have in the coming year will increase from 1000 to 1095. people who do this are risk averse because stakes other than stable coins have the risk of decreasing the price of the coin.

I agree, it will remain the same if he will not stake it but if he do there's a small to big changes will happen in the total amount he stake. Staking is better if the amount you are holding is big and the apy looks promising, but the cons in some coin is the price might go deeper depending to the market situation.

The very purpose of doing your research, but if you are a conservative type of investors,

Staking stable coin and gaining a small amount of stake rewards but very passive is the first thing that you have in mind,
there are people who know how to play with this kind of investment, some are risk takers who choose to invest and
stake with crypto and see if luck will bring them huge amount of stake benefits.

[max6575]

the decision as to work on decentralized customs of investment submission gives with the distinctive on limit as barriers with boundary between and among investor group to leads with conflict as investors opinion may work only representing individual and group interest as requiring more with the parochial customs of guardian from funds manager with the preparedness on absence as moderating the different frame work on returns with the affirmation and dispose the least of risks to work following the higher level of efficiencies with the market.

[Furious 7]

Actually there is nothing wrong with that because it is something that is quite profitable and indeed many have done things like that too.
For people who are really good at trading or indeed they can take advantage of something, maybe it seems like a small thing, but if we really don't want to do anything and get additional income but the risk is small, of course this is the right thing.

[First_on_the_Moon]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

The conditions of the market depends on the economic situation in the world. The price of cryptocurrency depends on demand in it.
Now adoption of digital assets grow and the demand in cryptocurrency increases.

Staking makes sense when cryptocurrency market rise and thanks staking it is possible to increase profit from investments.
But when cryptocurrency market falls the popularity of staking falls too.

[blue_hurricanger]

Staking's rate is that low because it was meant for stable coin or USDT, dude. You may see it very low compared to other crypto staking and apy rate and think it's kind of shitty but ever why are investors still staking with that rate? Cause it's safe and legit from the Binance exchange and is better than the interest rate in fiat banks so I don't think you should consider it lightly.

[i8v8i]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking makes sense when cryptocurrency market rise and thanks staking it is possible to increase profit from investments.
But when cryptocurrency market falls the popularity of staking falls too.

The opportunity to earn passive income attracts a lot of money to staking. But staking is popular when market rise, when market falls the profit from staking does not compensate the loses from the fall of the market and staking becomes not popular.

[Eureka_07]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

I don't really like yearly staking. I would prefer to go after the shorter terms for stakes. And most of the time  it is much better if you will be able to be an early bird which buys the token (if not stablecoins). In your yearly, do not expect to gain a lot since you choose to stake USDT (it is less risky since USDT is a stable coin). Low risk low, return. There are staking pools which you can go in an out every time of the day, that's what I prefer the most.

[Frengki_cisco]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

That's not a piggy bank investor trick, your $100k would not even think about turning or slamming your laptop.

Investors aim for USDT within one year they really do with big capital, if capital 2 BNB you will be disappointed for that.

[bonyaserg]

Personally, I believe that in order to bet and have a positive result, you must already have a good experience. But in order for the bets to be profitable, you need to bet a fairly large amount. And if there is no large amount to bet, then there is no point in betting.

[adiebitsler]

Personally, I believe that in order to bet and have a positive result, you must already have a good experience. But in order for the bets to be profitable, you need to bet a fairly large amount. And if there is no large amount to bet, then there is no point in betting.

The problem is when betting in large enough amounts, indirectly everyone has to be willing to have their capital held in a certain platform to be able to get very good profits, while the duration of time will also be very different because everyone does not have a lot of capital just to invest. one job only.

[Kusunoki_Samurai]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

The conditions of the market depends on the economic situation in the world. The price of cryptocurrency depends on demand in it.
Now adoption of digital assets grow and the demand in cryptocurrency increases.

More and more people use cryptocurrency including for investment purposes.
But because the fall of the market many people sell their crypto assets and leave the market.

[LaCucina]

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

More and more people use cryptocurrency including for investment purposes.
But because the fall of the market many people sell their crypto assets and leave the market.

Now all the markets falls. Stock market falls, the shares of IT project falls, gold falls too.
And where to invest money in such difficult financial situation? 

[Anonymous100]

They do staking just to keep the balance by getting a little extra balance. It is customary for stable coins to only get returns below 10%. Apart from that, many are staking to hold coins in the long term. They will benefit from price changes and from increasing the number of staking coins. If the coin price drops of course they continue staking.
That is, we do staking not expecting profits from staking, but from changes in coin prices. Of course it will be a loss if we stake for stable coins.

Stablecoins are only suitable for storage and are only suitable for buying other coins when the coin price is in a low condition, because stablecoins are not suitable for staking and any trading.
And besides stablecoins, I think almost all coins are suitable for staking if the coin has a certain support for staking to increase the number of existing coins.

Indeed stable coins hold him to buy other coins when the coin price is dropping. However, stable coins can also be used for staking so that assets grow without risking losses when the market goes down. This is different from coins in general when we stake. We have the potential to get a bigger profit or loss even to zero price. Unless they only stake for a short period of time, 1 to 3 months.

[Tomohisa]

It makes sense if your goal for that coin is long-term hold and staking helps you to get more of that coin in a passive way. It also provides an incentive to holders to keep on hold the coin even though the crypto market has high volatility.

[Pamadar]

It makes sense if your goal for that coin is long-term hold and staking helps you to get more of that coin in a passive way. It also provides an incentive to holders to keep on hold the coin even though the crypto market has high volatility.

Yes, if you really supporting the coin and you are willing to wait for more coming from the developing team.

Staking can give you more additional coin while keeping the coin inside your wallet and allowing the network to be open for
you to be able to gain your staking rewards.

There are people who still have the faith that staking can continue giving them passive incomes, not that much with the
current market, but who knows if the project will pump high.

[shinratensei_]

Staking is for anyone that have too much money and they don't really need them so they could grow their money instead.
It definitely isn't carrying the same chance of return of investment like trading but it's quite safe investment alternative in case you just want to leave your money and let it grow.
Also, usually anyone that stakes have massive capital so they got higher return of investment, it's just matter of how much capital you have in getting greater ROI.

[AnonBitCoiner]

Market is in bear andany users will hold for at least six months. If someone stake these coin he will get extra quantity which is much better then just holding.
If any body want To stake Etherium then I recommend Don’t stake in Coinbase as you can’t unstake until ETH2 come out. You can stake ETH many other places and still have access to sell/trade. But get a cold storage wallet so you can own your keys/coins while you stake.

[BobK71]

It makes sense if your goal for that coin is long-term hold and staking helps you to get more of that coin in a passive way. It also provides an incentive to holders to keep on hold the coin even though the crypto market has high volatility.

There are people who still have the faith that staking can continue giving them passive incomes, not that much with the
current market, but who knows if the project will pump high.

Stacking is basically perfect for those who have more capital. Stacking is difficult by ordinary traders. The returns here are low but comparatively higher than other financial platforms. At the present time I think there is a greater possibility of making more profit on investment than stacking. Because the price of bitcoin is much deeper now and the condition of altcoins is deeper. It's totally your personal matter you don't invest stacking.

[Wildwest]

I think you are wrong in investing, because investing in USDT is indeed the profit we get is not so big because USDT is one of the stablecoins whose price change is only a little bit, so don't be surprised if the profit you get is not so satisfactory, try you invest in other altcoins then I believe the profit you get must be very large but it depends on the coin you hold, if the coin has no potential then losses may occur.

[Rasa nanas]

in the current bear market situation it looks like stake $1k USDT and get a return of $95 in one year is much better than holding bitcoins. just imagine if you have bitcoins worth $1k at ATH and are currently only worth around $200. sometimes something you think is bad can turn into good luck because crypto market conditions can change at any time.

[Abiky]

Staking is for anyone that have too much money and they don't really need them so they could grow their money instead.
It definitely isn't carrying the same chance of return of investment like trading but it's quite safe investment alternative in case you just want to leave your money and let it grow.
Also, usually anyone that stakes have massive capital so they got higher return of investment, it's just matter of how much capital you have in getting greater ROI.

Exactly. Staking is more suitable for whales who have a lot of money to waste. But it's not for the average Joe like you and me. If you have the capital to stake long-term I'd say go for it. Unlike banks, PoS coins give higher returns per year. That entirely depends on the stake rates and current market price of the coin you're investing into.

I see many altcoins abandoning PoW in favor of PoS, so it's possible more people will get into the game with the hopes of getting rich quick. As long as you don't put all of your life savings into staking, you'll have nothing to worry about. Just my thoughts

[LastKiss]

in the current bear market situation it looks like stake $1k USDT and get a return of $95 in one year is much better than holding bitcoins. just imagine if you have bitcoins worth $1k at ATH and are currently only worth around $200. sometimes something you think is bad can turn into good luck because crypto market conditions can change at any time.

Well if in a year Bitcoin price keeps steady at the price you calculated then that's worth it. Staking is much safer I think rather than go invest in a random new project in this bear market since many new projects end up being a scam project. In my opinion, staking is not bad at all in this bear market and the profit from there you can buy Bitcoin a little bit.

[KaliLinux]

in the current bear market situation it looks like stake $1k USDT and get a return of $95 in one year is much better than holding bitcoins. just imagine if you have bitcoins worth $1k at ATH and are currently only worth around $200. sometimes something you think is bad can turn into good luck because crypto market conditions can change at any time.

I think I agree with you here. Cryptocurrency investment involved deep analysis and I don't think most people do that. In this present state of the market where most people like to convert thair crypto assets to Stablecoins, wouldn't it be better to stake those and get some or even a little bit more than just hodling them on the same amount for a whole year?

[Pamadar]

in the current bear market situation it looks like stake $1k USDT and get a return of $95 in one year is much better than holding bitcoins. just imagine if you have bitcoins worth $1k at ATH and are currently only worth around $200. sometimes something you think is bad can turn into good luck because crypto market conditions can change at any time.

I think I agree with you here. Cryptocurrency investment involved deep analysis and I don't think most people do that. In this present state of the market where most people like to convert thair crypto assets to Stablecoins, wouldn't it be better to stake those and get some or even a little bit more than just hodling them on the same amount for a whole year?

It's not just an easy to go investment but more on doing your own research and study,

you can earn as much as possible, but the risk is also needed to note down since the volatility is always there. You can
use it as a reference to work deeper.

You need to set your plan and all the alternatives and not just quickly decide when the market is moving against your
current position, most of the time you will lose when you follow the kind of market.

[wmaurik]

Well if in a year Bitcoin price keeps steady at the price you calculated then that's worth it. Staking is much safer I think rather than go invest in a random new project in this bear market since many new projects end up being a scam project. In my opinion, staking is not bad at all in this bear market and the profit from there you can buy Bitcoin a little bit.

It's just another option other than holding on to the bear's current state, because it's clear that there's nothing to be hoped for by investing in new projects that end up going bad and getting nothing. Apart from Staking, I think for those who have extra cash or money that they don't use for other things it is better to make incremental purchases of Bitcoin for now.

[batang_bitcoin]

Exactly. Staking is more suitable for whales who have a lot of money to waste. But it's not for the average Joe like you and me. If you have the capital to stake long-term I'd say go for it. Unlike banks, PoS coins give higher returns per year. That entirely depends on the stake rates and current market price of the coin you're investing into.

I agree that the most that will benefit in staking are those with larger funds. But this doesn't mean that it's only limited to them, if you've got spare altcoins that can be staked and you'll just hold it, then it's better to stake it into a platform whom you trust. So while you hold it, you'll be adding quantity on it by just holding it as you stake rather than holding it alone.

Now all the markets falls. Stock market falls, the shares of IT project falls, gold falls too.
And where to invest money in such difficult financial situation?  

Of course bitcoin should be the first on the list. But if you're keen into staking, there are too many platforms out there to choose from. I've actually made a suggestion about it for example, you want to stake ETH.

1. Binance staking - custodial
2. Kraken - custodial
3. Bitcoin Suisse AG - custodial
4. Stake DAO - decentralized
5. StakeWise - decentralized
6. Guarda wallet - decentralized
7. ANKR - decentralized
8. MyCointainer - custodial and to know more about them
9. Cream Finance - custodial
10. Blox Staking - decentralized

[Godwinpaul]

I personally don't see staking 1,000$ for an annual return of 95$  as a bad idea, because the risk is less or completely absent. It would be way difficult to get such a deal without any risk. The best we can get in banks is less than 5% on savings. I recall in binance the staking on USDT is flexible, giving the opportunity to cash out immediately when in need of it.

[Miaallen]

Staking earning isn't really a means of earning for low income or low wallet balance stakers. It is for the whales who are massively rich and have nothing to do with the funds funds sill in there wallet or CEX account. The stake huge some of fund which makes the staking earnings will eventually amount to something nice at the end of the day.

[EmmaGod]

People have their own risk appetite and definition of abundance or little. The issue of staking rewards is purely based on the invested amount. The higher the invested amount the more the staked benefits and vice versa. It would be great to stake over 10,000$ as the rewards should be about $1,000 per annum.

[Jaered]

Staking stablecoins especially on established platforms like Binance yields very low returns, because the Annual Percentage Yield and Annual Percentage Rates are very low since they are not volatile(thus more people stake on it further lowering the APR/APY).You get more rewards from staking Liquidity Provider tokens of more volatile tokens or coins on lesser known platforms. I make about $100 per day on my cronos platform. Its choice and risk appetite

[mumang siat]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Lack of knowledge about stablecoins, so people make big mistakes, for example what you feel, a year the selling price can be quite large, stablecoins are not suitable to be kept, because it will be quite risky in the long term, usually we who are involved in bounty campaigns, always sell such coins after distribution is done, because if stored the price of the coin will follow quickly, there is no long term bet for atablecoins

[MarjorieZimmermanGinger]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

What do you mean ?
whether the return you get is only $95 or the whole of the initial capital you have, because if $95 is a return that is not included with the initial capital, this is still very relevant, when compared to returns on coinmeme, many people do not understand the concept of investing in crypto, Many people think that big returns with a little capital are easy to do here, even though this is almost not the case

[bittraffic]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

What do you mean ?
whether the return you get is only $95 or the whole of the initial capital you have, because if $95 is a return that is not included with the initial capital, this is still very relevant, when compared to returns on coinmeme, many people do not understand the concept of investing in crypto, Many people think that big returns with a little capital are easy to do here, even though this is almost not the case

$95 is close to 10% is very high actually. I don;t see why is isn't enjoying it. Imagine staking 100K and get $10K after a  year. We don't see banks offer this high. This is definitely a huge amount for just holding the stablecoin. And this is in binance, although this is not very recommended because the amount is not in your control, you still get to earn if the platform stays the same after a year.

There are platforms where your coins/stablecoins stays in your control while staking, that platform must be preferable.

[Morningstarr]

I have never done stacking. There are many reasons for this, One of which is that there is a shortage of money. It is better to stack the money and not reduce its value by leaving it in the bank. If you have a large amount of money to invest, stacking is not only profitable but also safe, especially if the stacking is done in a stable coin its So much the better because the chances of the project coming to an end or its cost going down are very low, Rather, it is equal to almost zero.

[rodskee]

Staking is suitable for those who are afraid to trade but want to make some profit. Because there is a risk of gain or loss in trading, so you have to be in tension all the time. And the losses from trading increases the tension. But staking does not have to take as much pressure as trading. So even though the profit is low, some people prefer staking.

actually it is for those who wanted a sure income and not seeking for High result , Staking is the safest lace where  to put our money but choose where to  stake and not in just anything that ask you to stake your money.

I Am staking till now in Binance , yes it is 10-30% income but at least I am sure that i will be having profit in at least 3-6 months a time.

[KaliLinux]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

I believe it depends on the coin or token you are staking and most importantly the amount because you don't expect someone staking $1000 and someone staking $10,000 to get the same returns in a year however, I also believe that it also might depend on the staking site or exchange you are staking on, this site listed their 9 Best Crypto Staking Platforms in 2022

and Here, I particularly like how the sites were rated according to "best in what"

At the end of the Day, you have to do the due diligence and understand what every platform presents and what you are looking for in staking your crypto assets.

[Mario Yamasaki]

Staking does not seem to make sense because there are those who give apy up to thousands of percent, always alert to staking like this because it has the opportunity to be a scam, better staking in the top exchanges that has been proven from the security side because the case of hack wallet, especially from the BSC network is increasingly massive.

[Impact_Women]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

[Pamadar]

If you invest in stablecoins and want to get big profits then the capital you have to spend must also be large because the price changes that occur in stablecoins are not so big so don't be surprised if the profit you get is small, to invest in the long term then you just hold the potential coins so that the profit you get will be satisfactory later.

Stable coin might move slightly but just like what you said, it can give small profits even you use a huge amount of capital.

Unlike with potential crypto, you can stake the coin while waiting for the value to rise high, It's depend from how you
Believe and trust the developer and how you see the progress that the team is bringing to the project. If you find that
fit then holding and staking can bring passive benefits.

[Gulf_Official]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Now all the projects have staking, so investors have a big choice of different projects. But first of all project must be useful for people and have a big community to survive and bring profit to its investments.

[kapalmabur]

If you invest in stablecoins and want to get big profits then the capital you have to spend must also be large because the price changes that occur in stablecoins are not so big so don't be surprised if the profit you get is small, to invest in the long term then you just hold the potential coins so that the profit you get will be satisfactory later.

I don't think hoping to make big profits by investing in stable coins doesn't seem like the right decision,
it's better to invest in the top coins and it's more worth it although indeed with the current conditions we need to be patient,
But regardless, everyone has their own considerations and decisions

[Buakaw_Club]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Now all the projects have staking, so investors have a big choice of different projects. But first of all project must be useful for people and have a big community to survive and bring profit to its investments.

Staking allow earn passive income. That is why it is so attractive. Many projects use staking and investors have a big choice. But it is very important to choose the projects that are really useful and in demand.

[indo1]

Safe staking of course returns less income. I guess if you want to get bigger returns from staking stable coins on trusted exchanges , you can put your capital in farming feature in DeFi . They are faster to produce but you have to be prepared with your risk. Big profits usually have a high risk.

[posi]

The interest rate 9.5% and you think is too little, you try to hold a bank deposit to see how much interest they will pay you in a year, not taking into account the ongoing inflation for fiat.
Staking is one of the ways to generate passive income for those who do not have too much time to trade or invest in potential projects. Nothing embarrassing and funny here, if you can afford to turn that 1000$ into 10k$ or 100k$ then you better not bet and use your knowledge to make it like you would like. If you want to make more profit, you should use your knowledge and skills instead of expecting someone to give it to you.

[adzino]

Staking does not seem to make sense because there are those who give apy up to thousands of percent, always alert to staking like this because it has the opportunity to be a scam, better staking in the top exchanges that has been proven from the security side because the case of hack wallet, especially from the BSC network is increasingly massive.

Those coins has no actual value. Coins that have more than thousand percent in APY means they have extremely high supply. Hence, the value of those coins isn't much. You might be receiving hundreds of those coins everyday as a reward for staking, but I bet the value of those coins isn't even more than a cent.

There are various other coins that give good APR as compared to USDT. If you do Staking with less money then you will get such results so do with a bigger amount then you will get a good amount in return. In my opinion, Staking is good for big players. Staking a small amount gives you a meager return it's worth for a big investor. Apart from this if your country bank is giving you more interest than this you can keep your money in the bank and get a good return from the bank otherwise staking is not bad.

Isn't it better to stake than to just hold it in your wallet? There are coins where you can stake without locking/losing access to the coins.

[Bitstar_coin]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

I believe it depends on the coin or token you are staking and most importantly the amount because you don't expect someone staking $1000 and someone staking $10,000 to get the same returns in a year however, I also believe that it also might depend on the staking site or exchange you are staking on, this site listed their 9 Best Crypto Staking Platforms in 2022

and Here, I particularly like how the sites were rated according to "best in what"

At the end of the Day, you have to do the due diligence and understand what every platform presents and what you are looking for in staking your crypto assets.

Interesting list of known staking platform, this will make it easier to narrow down the search and pick the one that best suit the staking needs. Blockfi is going through some phase at the moment and it seems ftx is closing in on securing the platform, this could change the mode of operation so it would be best for anyone who have the intention of using them to hold back a bit for clarity what will be the new mode of operation before any form of deposit.
And I should add that staking is good imo especially in bear market where you find your portfolio to have completely lose about - 80 of it's original value, it is better to stake those crypto assets to gain more additional coins than just hold in your wallet without gaining anything back. Just my personal opinion on this.

[dlightag]

Staking is mainly for Big Boys in the game, by using high amount to stake like $20,000 worth of USDT or more, which you see the difference from $1000, secondly, in staking of coin need to understand the calculation and also the duration period of the coin being locked after a period of time, before released date.

[Abco]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Now all the projects have staking, so investors have a big choice of different projects. But first of all project must be useful for people and have a big community to survive and bring profit to its investments.

Fall of the market is the best time to buy the tokens of new projects for the best price. But not all the projects will be able to survive during the fall of the market. That is why it is very important to evaluate the potential of the coin before investment.

[Pelana vreo]

I think it makes sense, you won't see such annual interest in the bank, if you want big profits trade and don't staking, there are many profitable betting platforms, you can try them and choose % bet as per your wish, but Staking is usually restricted by the number of pools, the more users, the smaller the income.

[antsam]

With almost 10% interest it is very profitable greater than bank deposits which are even taxed. So why be confused? Staking is an option for people who have idle crypto funds who don't want their funds to be eroded by inflation. Staking actually makes the crypto world even more excited

[fuguebtc]

With almost 10% interest it is very profitable greater than bank deposits which are even taxed. So why be confused? Staking is an option for people who have idle crypto funds who don't want their funds to be eroded by inflation. Staking actually makes the crypto world even more excited

Interest rate about 10% / year is a high interest rate, in real life we will not be able to find such an interest rate in any bank.
Staking is a form for people who have idle money, large amounts of money, but for some reasons such as not having trading experience, they choose stakes to find a source of passive income. Although not as profitable as trading, it is safe and does not take too much effort.
If OP wants high profit you should learn how to trade, it can make a lot of profit if you are really smart.

[Corsac]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Fall of the market is the best time to buy the tokens of new projects for the best price. But not all the projects will be able to survive during the fall of the market. That is why it is very important to evaluate the potential of the coin before investment.

The most important is to evaluate the potential of the coin especially during the falling market because not all the projects will be able to survive during the fall of the market.

[Desmong]

Staking can make lots of sense when the aim is to stake for a long period of time. Staking is the same thing like holding your coins but with interest and we have different types of staking depending on what we really interested in. There are staking for a year and there's are ones for 6 months, 3 months, amd one month depending on what we care about. I prefer staking my coins now that the market is down with better APR.

[Iyeman]

Staking can make lots of sense when the aim is to stake for a long period of time. Staking is the same thing like holding your coins but with interest and we have different types of staking depending on what we really interested in. There are staking for a year and there's are ones for 6 months, 3 months, amd one month depending on what we care about. I prefer staking my coins now that the market is down with better APR.

Staking is definitely better than holding long term and letting the investment did nothing, after all if it's waiting for the coin having value increase, staking could definitely helps make gain a little in term of the investment.
So basically it depends, if the investment is gonna be for long term holding, staking definitely makes a lot sense since it's just waiting.

[SaveOurSea]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

staking is not a good thing, because in a bear market like this staking will make your capital run low, and even run out,
because staking only makes your coins more and more, but we must know that staking only gives us a few percent,
not up to hundred of percent. so better trade.

[helloinox]

Staking can make lots of sense when the aim is to stake for a long period of time. Staking is the same thing like holding your coins but with interest and we have different types of staking depending on what we really interested in. There are staking for a year and there's are ones for 6 months, 3 months, amd one month depending on what we care about. I prefer staking my coins now that the market is down with better APR.

Staking is definitely better than holding long term and letting the investment did nothing, after all if it's waiting for the coin having value increase, staking could definitely helps make gain a little in term of the investment.
So basically it depends, if the investment is gonna be for long term holding, staking definitely makes a lot sense since it's just waiting.

But then you have to take into account that staking also carries risks. Sites you let it stake can get to problems over long term of staking. They might be too stupid and invest in a failed project and can not pay back your promise staking reward.

[Baimovic]

staking is not a good thing, because in a bear market like this staking will make your capital run low, and even run out,
because staking only makes your coins more and more, but we must know that staking only gives us a few percent,
not up to hundred of percent. so better trade.

If we compare it with trading, it's better to make a profit but when we decide to invest long term then investing is the right step even though when the bear market arrives the value of the coins we hold decreases but we still get additional coins from staking the results we do are as long as the coin what we are staking is not shitcoin but coins that have a high rank and the potential for price increases is also fast even though the APY given is small but if we staking in large quantities then it can be passive income.

[KaliLinux]

Staking can make lots of sense when the aim is to stake for a long period of time. Staking is the same thing like holding your coins but with interest and we have different types of staking depending on what we really interested in. There are staking for a year and there's are ones for 6 months, 3 months, amd one month depending on what we care about. I prefer staking my coins now that the market is down with better APR.

Staking is definitely better than holding long term and letting the investment did nothing, after all if it's waiting for the coin having value increase, staking could definitely helps make gain a little in term of the investment.
So basically it depends, if the investment is gonna be for long term holding, staking definitely makes a lot sense since it's just waiting.

But then you have to take into account that staking also carries risks. Sites you let it stake can get to problems over long term of staking. They might be too stupid and invest in a failed project and can not pay back your promise staking reward.

Yes this can be true and that is one of the things people get scared of the most in staking where the site can have whatever problem and you are unable to withdraw your crypto assets but some other sites like MyCointainer allows you to delegate coins to their nodes and earn rewards while your coins are still in your wallet.
In staking, I believe investors have to look at some parameters about the staking site beyond just the reward you will get and besides, if you aren't really a good trader then staking is the other good option while HODLing your assets for the long term.

[Bertyda]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

The most important is to evaluate the potential of the coin especially during the falling market because not all the projects will be able to survive during the fall of the market.

Not all the projects will be able to survive during the fall of the market, that is why fall of the market is very risky time for investment.

[DeFi Doge]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Not all the projects will be able to survive during the fall of the market, that is why fall of the market is very risky time for investment.

Staking allows to have passive income but it will allow to have the passive income only if project is useful and the price of the tokens will continue to grow in the future.

[Dragonbite]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Staking allows to have passive income but it will allow to have the passive income only if project is useful and the price of the tokens will continue to grow in the future.

Passive income attracts a lot of people to the cryptocurrency industry. But to earn on passive income it is necessary to invest money in the projects that are necessary for people and will continue to be in demand.

[Tony116]

staking is not a good thing, because in a bear market like this staking will make your capital run low, and even run out,
because staking only makes your coins more and more, but we must know that staking only gives us a few percent,
not up to hundred of percent. so better trade.

If we compare it with trading, it's better to make a profit but when we decide to invest long term then investing is the right step even though when the bear market arrives the value of the coins we hold decreases but we still get additional coins from staking the results we do are as long as the coin what we are staking is not shitcoin but coins that have a high rank and the potential for price increases is also fast even though the APY given is small but if we staking in large quantities then it can be passive income.

If you have knowledge, know technical analysis then you can try with day trading, it can bring profit quickly and if you are good it can help you to earn huge income.
For those who are inexperienced and do not have much knowledge about trading, they can choose to stake or hold for a long time which will keep them safe.
Trading, staking, and holding all will be profitable, the choice is up to you as long as it depends on your ability and pocket.

[CuriousGeorge]

Staking allows to have passive income but it will allow to have the passive income only if project is useful and the price of the tokens will continue to grow in the future.

most of the time the earning from staking overshadowed by the inflation if it's a shit project. instead if it's staking coins like USDT it kinda requires big capital that it's only suited for the rich people.
regardless though the key of staking is having big capital and investing in rather famous coins like BNB that way you gonna have bigger chance of creating reward that didn't overshadowed by the volatility and also could earn quite of reward at the end of the day,
if it's low capital that being staked it kinda wastes a time.

[eaLiTy]

~
Staking is definitely better than holding long term and letting the investment did nothing, after all if it's waiting for the coin having value increase, staking could definitely helps make gain a little in term of the investment.
So basically it depends, if the investment is gonna be for long term holding, staking definitely makes a lot sense since it's just waiting.

If the project is worth anything in the future, then there is a point in holding the tokens and staking makes sense and majority of the projects offer long term staking options with good returns and considering the market situation and if you trust the team and the project and you are holding the coins for the long term, staking makes sense until the market recovers. I am staking a few tokens which i think would recover during the next rally.

[rojan]

Staking can make lots of sense when the aim is to stake for a long period of time. Staking is the same thing like holding your coins but with interest and we have different types of staking depending on what we really interested in. There are staking for a year and there's are ones for 6 months, 3 months, amd one month depending on what we care about. I prefer staking my coins now that the market is down with better APR.

I think you have taken a good initiative.  But now we can see that the market is getting much better.  So now I think it will be profitable if staking can be done.  Now is the time to staking.

[MCobian]

~
Staking is definitely better than holding long term and letting the investment did nothing, after all if it's waiting for the coin having value increase, staking could definitely helps make gain a little in term of the investment.
So basically it depends, if the investment is gonna be for long term holding, staking definitely makes a lot sense since it's just waiting.

If the project is worth anything in the future, then there is a point in holding the tokens and staking makes sense and majority of the projects offer long term staking options with good returns and considering the market situation and if you trust the team and the project and you are holding the coins for the long term, staking makes sense until the market recovers. I am staking a few tokens which i think would recover during the next rally.

Staking is still a way to make a reasonable profit in the crypto world, the most important thing is that we can choose trusted platforms for staking.
Then we can choose potential projects, which based on our research and analysis have a bright future. So why don't we try staking the coins,
indeed often the profit generated is not that big. But at least we are still better staking crypto than saving money in the bank. However,
when comparing staking to long-term holding, I prefer long-term holding. Because if we can choose the right coins for long-term holding,
the profit generated is much greater than what we get from staking. It would be even better if we did both, both staking and long-term holding,
we should have made a lot more profit.

[Davian144]

I think you have taken a good initiative.  But now we can see that the market is getting much better.  So now I think it will be profitable if staking can be done.  Now is the time to staking.

Not only stalking but also it would be better after snooping to make a decision before a good opportunity is missed and also taking a stand after seeing market conditions is a very good thing to do because it signifies that everyone is not in a hurry after hearing anything that other people say at this point. I personally also strongly believe that market conditions will begin to improve slowly which in the end will also be almost the same as last year.

[federalmoney_official]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Passive income attracts a lot of people to the cryptocurrency industry. But to earn on passive income it is necessary to invest money in the projects that are necessary for people and will continue to be in demand.

Now staking is very propular because it allows to earn money. But staking popular only when cryptocurrency market rise but when cryptocurrency market falls the popularity of staking falls too.

[icalical]

The highest return for bank deposit in my country is 3-4%, 9.5% is already more than twice of that, and you are staking a stable coin so you don't need to worry about the volatility, it's very similar to bank. If you want better yield try stake coin like BNB or even less popular coin, you will get more return in the coin, but you will need to worry about the price change

[RussianEnglishTranslation]

The highest return for bank deposit in my country is 3-4%, 9.5% is already more than twice of that, and you are staking a stable coin so you don't need to worry about the volatility, it's very similar to bank. If you want better yield try stake coin like BNB or even less popular coin, you will get more return in the coin, but you will need to worry about the price change

Staking is the safest and best way to earn high yield, especially if you can stake in your own wallet or on the project's official website. Some projects to consider if you like staking and high APY are:

NEAR
CNDL
Celo
FTM
BNB
Matic

[rozak]

The highest return for bank deposit in my country is 3-4%, 9.5% is already more than twice of that, and you are staking a stable coin so you don't need to worry about the volatility, it's very similar to bank. If you want better yield try stake coin like BNB or even less popular coin, you will get more return in the coin, but you will need to worry about the price change

coins that are less popular or even new coins that create staking events on some platforms are also a big risk. especially for coins that do not yet have a large trading volume. when you do staking, it could be within 3-6 months the value has dropped very much.
there is a selection of assets that tend to have an increase every year or quarter. it becomes good long-term staking and investment. The BNB you mentioned is one of the good staking assets. indeed the return is not that great. but the value of the coin, in the long run, could provide a better return.
when you don't have skills in trading, we can try staking to make a profit. this could be a long-term investment plan.

[Dragonbite]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Now staking is very propular because it allows to earn money. But staking popular only when cryptocurrency market rise but when cryptocurrency market falls the popularity of staking falls too.

Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.

[Gayong88]

Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.

Staking certainly is a convenient way to earn passive income. But remember this, cryptocurrencies are high-risk assets, and things can go wrong quickly when you try to predict short term movement.

Such thing happened to staking of many coins. Many people who bought coins and earned something in a time of growth sold them when price goes down. If you like staking and hold your assets, even in a hard time you will gain profit, not lose it.

So don't stake more than you're willing to lose, and make sure you have a backup plan in case your assets decrease in value.

[RussiaUkraineTranslation]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

There are many different types of staking and sometimes staking is used interchangeable with lending or yield farming, which confuses the matter entirely. Staking on Binance just means that you are lending them your crypto and they will give you some returns on your loan. Lending on centralized platforms is high risk. Staking in your wallet to secure a network is called "POS" Proof-of-Stake. This process is very safe and can generate high returns. Yield farming involves adding liquidity for a trading paid on a DEX then putting that liquidity token in a farm to earn staking rewards. This requires a lot of capital to do and whales often dump the reward tokens so they end up worthless. Another option is staking platforms like HEX and MAXX . Finance. These platforms are tokenized CDs which allow you to deposit tokens to earn staking rewards in the same token. MAXX is making this model more sustainable with the addition of a DAO, transaction tax, and a suite of DeFi DApps.

[Pamadar]

Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.

Staking certainly is a convenient way to earn passive income. But remember this, cryptocurrencies are high-risk assets, and things can go wrong quickly when you try to predict short term movement.

Such thing happened to staking of many coins. Many people who bought coins and earned something in a time of growth sold them when price goes down. If you like staking and hold your assets, even in a hard time you will gain profit, not lose it.

So don't stake more than you're willing to lose, and make sure you have a backup plan in case your assets decrease in value.

Very important in each participation that you are thinking in terms of staking.

High-risk investment. Even the coin you think that the coin you bought is really solid, there are times that you will feel
the pressures when the market hits the bearish season.

But likewise, if you are willing to take the long hold and you have that enough patience, it's possible that you can, really
enjoy the kind of earnings that you are hoping to achieve.

[100xcoin]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.

After the fall of the market will be a rise and staking is a good opportunity to earn more money.
But it is very important to stake in the projects that will be able to survive during the fall of the market.

[Iyeman]

Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.

Honestly I don't think so, most of the stakers just let their investment in the staking platform, some of them are set in long period of time so they need to wait for their investment to get unlocked before they could make market movement.
I think majority of the stakers with huge sum of money are just waiting for the next bullrun instead along staking their investment further, since otherwise it just gonna incur losses.

[Abco]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

After the fall of the market will be a rise and staking is a good opportunity to earn more money.
But it is very important to stake in the projects that will be able to survive during the fall of the market.

Now a lot of projects use staking to attract more users. So coin holders have a big choice what coins to hold.
Holding takes a time. That is why it is important to evaluate the future potential of evey coin you hold to understand how profitable and useful it will be in the future.

[MarjorieZimmermanGinger]

This means that it is still quite speculative waiting for the shitcoin journey, instead of waiting for a stable price increase and getting big profits, but in reality the return is far from expectations, that's why I was never interested in starting investing in shitcoin, because of the risk we accept can not necessarily be maximized, although potential altcoins also have the same opportunities and different levels of risk.

But if you pay attention, the potential altcoins are much more stable, even if they move slowly and don't experience rapid increases.

[Fomo_Chronicles]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Now a lot of projects use staking to attract more users. So coin holders have a big choice what coins to hold.
Holding takes a time. That is why it is important to evaluate the future potential of evey coin you hold to understand how profitable and useful it will be in the future.

Staking allows to earn passive income that is why it is so popular.
But now it is very dangerous time for all cryptocurrency projects because all market falls and staking becomes not so profitable.

[Lantind]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

The question is simple, you fight when the conditions are not right, plus you don't see which coins are worth betting on, a year is a long time for an investment, if you hold the wrong coins, then the risk you accept is exactly what you experienced, choosing the right coin is a way to maximize profits, although sometimes it doesn't always happen according to expectations, it is very important to analyze the coins we want to invest

[antsam]

With almost 10% interest it is very profitable greater than bank deposits which are even taxed. So why be confused? Staking is an option for people who have idle crypto funds who don't want their funds to be eroded by inflation. Staking actually makes the crypto world even more excited

Interest rate about 10% / year is a high interest rate, in real life we will not be able to find such an interest rate in any bank.
Staking is a form for people who have idle money, large amounts of money, but for some reasons such as not having trading experience, they choose stakes to find a source of passive income. Although not as profitable as trading, it is safe and does not take too much effort.
If OP wants high profit you should learn how to trade, it can make a lot of profit if you are really smart.

Yes, that's right Staking is a safe way to play crypto with much higher interest than deposit rates at conventional banks. Instead of having the money consumed by inflation and small interest, it's better to exchange it for crypto and just staking it

[cheezcarls]

For me staking is a double edged sword. There are no guarantees or promises that you’ll make a profit with staking because these tokens are still subject to market volatility even if you have gained interest in the tokens itself for a certain period of time and not the price itself due that it’s so unpredictable.

The token that I consider to be decent in staking at least is AXS, but again it cannot give us promises in profits despite the number of users trading it in the market or using it for breeding in Axie Infinity. Because of the SLP going down and players are declining, it’s gonna be uncertain. Same thing for the other tokens out there like CAKE, etc., that are into staking.

[ledu_ico]

The sence comes in from
1. The amount of token you stake
2. The project which you stake on

Give a try with $LEDU and have no regrets
https://twitter.com/eduecosystem1
https://t.me/ledu_token
https://ledu.educationecosystem.com/

[hashrateproducts]

Staking do make clear sense because it's one of those things that reduce risks and lose in Crypto space. Traders look forward to staking, even myself prefer staking than trading. Perhaps it's still risky doing both trading and staking, some tokens might come out to be less Profits while some tokens pumps massively. Staking is not 100% guranteed that you would make enough Profits after all, it still depend on the volatility of the market, now that the market is bad because of the recent bearish and dumps going on with coins, same thing will also apply to staking.

[Teraboy]

Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.

If the staking reward less than the loss caused by the massive volatility I guess that makes a lot more sense instead of staking, staking is great if the trend lean towards rally otherwise most of the time the APY that you were offered doesn't really surpass the inflation that is caused by the current trend.
so basically only staking if the trend is bullish.

[AmoreJaz]

Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.

If the staking reward less than the loss caused by the massive volatility I guess that makes a lot more sense instead of staking, staking is great if the trend lean towards rally otherwise most of the time the APY that you were offered doesn't really surpass the inflation that is caused by the current trend.
so basically only staking if the trend is bullish.

also, better stake coins that are promising or has the possibility to increase their value over time. because if not, you will just lose in this process. some people are into this earning type because some are just waiting for the right time to sell off their coins. while waiting, why not increase the number of your coins, right? but definitely, not all staking coins are worth waiting.

[Fatunad]

Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.

If the staking reward less than the loss caused by the massive volatility I guess that makes a lot more sense instead of staking, staking is great if the trend lean towards rally otherwise most of the time the APY that you were offered doesn't really surpass the inflation that is caused by the current trend.
so basically only staking if the trend is bullish.

also, better stake coins that are promising or has the possibility to increase their value over time. because if not, you will just lose in this process. some people are into this earning type because some are just waiting for the right time to sell off their coins. while waiting, why not increase the number of your coins, right? but definitely, not all staking coins are worth waiting.

Not really that worth if we do  talk about future gains because it would be better if you do trade it up actively which you could earn more than on the percentage that you could earn on Staking.
Considering it do offers 10-12% APY or lesser but it wont really give out assurance since coin value does decrease which means it is really on high risk that you wouldnt really able to gain on
year time.So proper planning and choosing of coin  is really that much needed or relevant on doing so. There are still people who are really that fan on engaging into Staking
and some doesnt really get some interest or consideration on touching up this area because it isnt really just worth.

[CryptoBuds]

Staking can make lots of sense when the aim is to stake for a long period of time. Staking is the same thing like holding your coins but with interest and we have different types of staking depending on what we really interested in. There are staking for a year and there's are ones for 6 months, 3 months, amd one month depending on what we care about. I prefer staking my coins now that the market is down with better APR.

Staking is definitely better than holding long term and letting the investment did nothing, after all if it's waiting for the coin having value increase, staking could definitely helps make gain a little in term of the investment.
So basically it depends, if the investment is gonna be for long term holding, staking definitely makes a lot sense since it's just waiting.

Staking it helps you to increase the number of coins you hold instead of holding your coins will not increase. Staking is a good solution, choosing a safe stake platform is crucial, or else your assets will not fly.

Instead of holding in a bear market, stake is the solution to increase the number, but you have to determine a long-term holding strategy, because when you stake your coins will be locked for 3 or 6 months so you won't be able to sell your coins if the market suddenly recovers or you need cash.

[Pamadar]

Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.

If the staking reward less than the loss caused by the massive volatility I guess that makes a lot more sense instead of staking, staking is great if the trend lean towards rally otherwise most of the time the APY that you were offered doesn't really surpass the inflation that is caused by the current trend.
so basically only staking if the trend is bullish.

also, better stake coins that are promising or has the possibility to increase their value over time. because if not, you will just lose in this process. some people are into this earning type because some are just waiting for the right time to sell off their coins. while waiting, why not increase the number of your coins, right? but definitely, not all staking coins are worth waiting.

Indeed, there are some that really give decent benefits after some time of holding it

but not all can be productive and the problem with the value is always the big question, you need to really
take time in sorting everything before you make your investment, staking coin is passive as long as your willingness
to wait is on you, it takes time so better to have longer patience.

[Impact_Women]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Staking allows to earn passive income that is why it is so popular.
But now it is very dangerous time for all cryptocurrency projects because all market falls and staking becomes not so profitable.

For projects with staking it is necessary to survive during the fall of the market. That is why it is necessary to check the development of the projects during the fall of the market. Not all the projects will be able to survive during the fall of the market.

[batang_bitcoin]

Staking do make clear sense because it's one of those things that reduce risks and lose in Crypto space.

Risk is reduced because that you don't have to be active at all. But it's still there and the market will still have the effect whether it'll be positive or negative (moving up or down).

Traders look forward to staking, even myself prefer staking than trading.

It is because anything that earns us money, we'll take that chance and opportunity even it's that low.

Perhaps it's still risky doing both trading and staking, some tokens might come out to be less Profits while some tokens pumps massively. Staking is not 100% guranteed that you would make enough Profits after all, it still depend on the volatility of the market

That's so true, the market as I've said will still have that reaction whether we're trading or staking.

now that the market is bad because of the recent bearish and dumps going on with coins, same thing will also apply to staking.

But what's good with staking is that you actually gain in coins without doing anything and btw, you can compare the rates that mycointainer has to other staking platforms that you're aware of.

[raidarksword]

In bearish market we have right now, staking is the best to earn while holding up your tokens or coins in exchange of little effort or even doing nothing at all. If you don't have plans to sell these times, then you might wanna stake your tokens/coins to earn more from it. It all depends the APR you wanna stake into and also depends on what coins or tokens.

[RussiaUkraineTranslation]

In bearish market we have right now, staking is the best to earn while holding up your tokens or coins in exchange of little effort or even doing nothing at all. If you don't have plans to sell these times, then you might wanna stake your tokens/coins to earn more from it. It all depends the APR you wanna stake into and also depends on what coins or tokens.

I agree that staking is the best way to make money in a bear market but I suggest people stake on decentralized platforms like MAXX Finance or Alchemix instead of staking on a centralized platform that can get hacked, lock, or steal your funds.

[sulendra12]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

I mean yea.


Pretty sure people don't even use staking for a way to actually earn some "decent" money, yea it's giving you something in return but hoping for something big return with that amount of money? You would probably dreaming. On other coins, you would get lesser reward than this stable coin so I guess it's a win for you. They also don't even bother to check it regularly lol, just keep it there and leave it for few more years.

[add1ct3dd]

Staking it helps you to increase the number of coins you hold instead of holding your coins will not increase. Staking is a good solution, choosing a safe stake platform is crucial, or else your assets will not fly.

Instead of holding in a bear market, stake is the solution to increase the number, but you have to determine a long-term holding strategy, because when you stake your coins will be locked for 3 or 6 months so you won't be able to sell your coins if the market suddenly recovers or you need cash.

Your coins will increase in number but the only downside is that it can take so much time to happen. Not only 3 to 6 months but I think there's also 1 year or more that I saw. If you will simply hold your coins, you can still earn a profit when the price rises and you can sell your coins the moment that happens or even anytime you like. If our goal is to simply increase the number of our coins then we can simply buy them in the market using our own fiat. We can save so much time with that.

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Enjoy? Although staking is still a gambling because money is at stake here but it's not similar to playing gambling in a casino where you can enjoy. I think a 95 usd return is a lot better than what you can get on a bank when you keep the same amount of money for a year. No is forced to do staking so if you don't like it then simply ignore it.

[Artik_Finance]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

For projects with staking it is necessary to survive during the fall of the market. That is why it is necessary to check the development of the projects during the fall of the market. Not all the projects will be able to survive during the fall of the market.

Staking always makes sense because it allows to earn passive income.
But during the fall of the market staking is unprofitable but after the fall of the market will be the rise of the market.
It is necessary just to wait.

[Angry_Kitty]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Staking always makes sense because it allows to earn passive income.
But during the fall of the market staking is unprofitable but after the fall of the market will be the rise of the market.
It is necessary just to wait.

Now competition between cryptocurrency projects is so high that is why it is very important to attract attention to the project to have more users and increase the liquidity of the platform.

[Wong Gendheng]

In my opinion, there are many staring programs that don't make sense, they dare to give hundreds or even thousands of percent, of course their hopes are to make investors continue to hold, but after I followed some staking that gave APY very high but the risk of the coin drop was very high.

[d3nz]

In my opinion, there are many staring programs that don't make sense, they dare to give hundreds or even thousands of percent, of course their hopes are to make investors continue to hold, but after I followed some staking that gave APY very high but the risk of the coin drop was very high.

Actually, It will depend on what altcoin you are holding and to stake on the website. The best choice to a stake is those tokens that are under the top 50 and of course you need to check first the market cap, volume, and supply.

And for me, choosing the best altcoin to stake are BNB, AXS, and KCS.

[DeFi Doge]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Now competition between cryptocurrency projects is so high that is why it is very important to attract attention to the project to have more users and increase the liquidity of the platform.

Because the big competition now holders have a big choice of different projects with staking.
The most important is to evaluate the right potential of the coin.

[fuer44]

Try with 10,000$ and see the difference, stakes are for rich people but also we have defi staking that takes 30,60,90 days just to get 3-15% returns I think this are better than yearly staking.

I also do staking with a small amount because I think this is a trial, and within 2 months I get a 15% return from the percentage of the total amount I put there, but the problem is that the price of the coins I hold drops. but its okay, just wait until the price goes up.

[Buakaw_Club]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Because the big competition now holders have a big choice of different projects with staking.
The most important is to evaluate the right potential of the coin.

Staking allow to earn passive income. It is a good opportunity to earn money. But staking works only when market rise.
When market falls the profit from staking does not compensate the loses from fall of the market.

[Pamadar]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Now competition between cryptocurrency projects is so high that is why it is very important to attract attention to the project to have more users and increase the liquidity of the platform.

Because the big competition now holders have a big choice of different projects with staking.
The most important is to evaluate the right potential of the coin.

Coin evaluation is certainly very important, sometimes we only focus on high Apr/Apy but the performance of coins is very bad so that the high APY cannot cover the losses of the price of coins that drop, choosing a coin that already has a strong reputation is certainly safer if we want to focus on Staking.

Agree to that point, even the amount of APY is good, but the project or the token didn't perform well,

the actual profits are still nothing or better to say that instead of gaining some amount, it's more on losing your investment in terms
of value, so like you, I'll be more on the progress and the stability of the coin to keep improving even the staking rewards is not
that big but still passive in terms of actual value of the coin.

[katster]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Seems fair for me. We all get used for huge gains in crypto, but 10% apr is a good deal in non crypto world tbh

[Abco]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Staking allow to earn passive income. It is a good opportunity to earn money. But staking works only when market rise.
When market falls the profit from staking does not compensate the loses from fall of the market.

The opportunity to earn passive income attract a lot of people to staking. Staking is not profitable during the fall of the market but after the fall of the market will be a rise and it is important to wait for the rise and find the most prospective project with staking for investment.

[Doell]

In my opinion, there are many staring programs that don't make sense, they dare to give hundreds or even thousands of percent, of course their hopes are to make investors continue to hold, but after I followed some staking that gave APY very high but the risk of the coin drop was very high.

I think better to ignore projects that offer thousands of percent returns, you will most likely be surprised when the product is worthless in the next year even this is like a trap. 10% in a year is enough to generate passive profits which are almost low risk, but still risky you have to find a trusted platform.

[ololajulo]

Defi and staking has really failed in this cycle and I still dont understand the reason. Till date ethereum still has a good percentage staked and lost more than 60% of its value. However, the idea looks great to me, a good way to manage the token while holders are equally rewarded. I want to believe there will be improvement to staking soon,irrespective I wont involve my myself in staking immediately after bitcoin halving

[batang_bitcoin]

I think better to ignore projects that offer thousands of percent returns, you will most likely be surprised when the product is worthless in the next year even this is like a trap. 10% in a year is enough to generate passive profits which are almost low risk

A more than 100% APY seems to be high too and those that has thousands of % to offer, they really are something and everyone should be too careful in choosing. And when good projects that offer good APY and eventually they've become popular and too many stakers come, the percentage will go down.

but still risky you have to find a trusted platform.

Speaking of platforms, stakingrewards.com do suggest the top 10 staking providers and that includes(no particular order) Binance, Kraken, mycointainer, ankr and many more.

[Impact_Women]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

The opportunity to earn passive income attract a lot of people to staking. Staking is not profitable during the fall of the market but after the fall of the market will be a rise and it is important to wait for the rise and find the most prospective project with staking for investment.

Now cryptocurrency market started to rise and staking becomes more interesting for token holders.
Also now appear a new and interesting projects with staking and it is very important to evaluate the potential of such coins.

[Abiky]

I think better to ignore projects that offer thousands of percent returns, you will most likely be surprised when the product is worthless in the next year even this is like a trap. 10% in a year is enough to generate passive profits which are almost low risk, but still risky you have to find a trusted platform.

Staking only make sense if you have spare money to lose. If you're living from paycheck to paycheck, then staking is not for you. It's just too risky. As with every investment, the higher the reward, the higher the risk of loss will be. I'd choose PoS coins with a low stake rate as they tend to maintain their price over time. Those with high stake rates (inflation) often end up being worthless over time. There's now the ability to "stake" stablecoins within "De-Fi" platforms, greatly expanding your chances of profit.

Whatever you do, don't invest more than what you can't afford to lose to avoid becoming bankrupt in an instant. Diversification is key towards being successful at staking. Just my opinion

[Jancuki]

Now cryptocurrency market started to rise and staking becomes more interesting for token holders.
Also now appear a new and interesting projects with staking and it is very important to evaluate the potential of such coins.

It's very tempting when there is a staking system (POS) other than we can get incentives, we don't need to do anything, we just need to lock it. But still there is a risk, given yesterday's incident when the market was bearish, the token price dropped and the payouts couldn't cover the losses from the price drop. For example I've staked atom tokens with $145 in capital and now it's down to $48, which I'm using cold cash and won't be withdrawing any time soon. My advice is to be more careful if you want to stake tokens, you need to look at it in terms of future clarity and clearer roadmap.

[S A KHAIR]

In bearish market we have right now, staking is the best to earn while holding up your tokens or coins in exchange of little effort or even doing nothing at all. If you don't have plans to sell these times, then you might wanna stake your tokens/coins to earn more from it. It all depends the APR you wanna stake into and also depends on what coins or tokens.

If you do not have money to dca or accumulate more during this period, staking is a solution to increase the number of coins you are holding instead of keeping them in your wallet and doing nothing. But staking, your coins will be locked, so you won't be able to use them if the market spikes suddenly, so staking is like holding long.

[ilovealtcoins]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

If it's not $1000 but a bigger number, say you have $1 million that you don't have too much time to invest instead you want to find a steady income then 10% of the 1 million dollars in a year, I don't think so. a smaller amount. Staking is suitable for people with large capital, spare money and just want a good passive income source. it is not suitable for people like you who are looking for big profits.

[len01]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

if staking looks funny to you at 9.5% interest annum and you get $95 on $1000 capital why don't you try investing your money in your state bank? and try to laugh again after seeing the interest you receive after a year of investing in the bank.
what i know is that staking in crypto has a much higher interest rate than state banks, only 1.9% - 3.25% per year. if you feel the staking interest at USDT 9.5% looks a bit, try to compare it with a local bank in your country.
for me getting $95 a year with $1000 starting capital is big interest. try to put your money in USDT $100,000 and see how much you will get. are you still going to laugh lol

[RussianEnglishTranslation]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

if staking looks funny to you at 9.5% interest annum and you get $95 on $1000 capital why don't you try investing your money in your state bank? and try to laugh again after seeing the interest you receive after a year of investing in the bank.
what i know is that staking in crypto has a much higher interest rate than state banks, only 1.9% - 3.25% per year. if you feel the staking interest at USDT 9.5% looks a bit, try to compare it with a local bank in your country.
for me getting $95 a year with $1000 starting capital is big interest. try to put your money in USDT $100,000 and see how much you will get. are you still going to laugh lol

I would rather have my money in ICP earning 20% APY, or NEAR earning 13% staking in my wallet rather than putting my money in a bank in a "losing account" while inflation is over 175% in some countries. Staking cryptos these days is a no brainer.

[100xcoin]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Now cryptocurrency market started to rise and staking becomes more interesting for token holders.
Also now appear a new and interesting projects with staking and it is very important to evaluate the potential of such coins.

Passive income is very important for people and it attracts a lot of people.
Now cryptocurrency market started to recovery and its attracts a lot of people to digital assets.

[Pamadar]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Now cryptocurrency market started to rise and staking becomes more interesting for token holders.
Also now appear a new and interesting projects with staking and it is very important to evaluate the potential of such coins.

Passive income is very important for people and it attracts a lot of people.
Now cryptocurrency market started to recovery and its attracts a lot of people to digital assets.

Passive if you choose the right asset to stake, it's not easy but doable by doing your deeper research,

there are many available staking coins that you can choose, just make sure to understand the market and how the
developers work with their project.

With good knowledge, you'll be able to recognize and maximize the full potentials of your chosen coins.

[Artik_Finance]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Passive income is very important for people and it attracts a lot of people.
Now cryptocurrency market started to recovery and its attracts a lot of people to digital assets.

Many projects have staking and now investors have a big choice of projects with staking.
It is very important to choose the projects that are useful for people and will be in demand in the future.

[RussiaUkraineTranslation]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Passive income is very important for people and it attracts a lot of people.
Now cryptocurrency market started to recovery and its attracts a lot of people to digital assets.

Many projects have staking and now investors have a big choice of projects with staking.
It is very important to choose the projects that are useful for people and will be in demand in the future.

Good point. It's not enough to have a high yield staking platform, it needs to have utility and a means to generate revenue. That's why I like MAXX Finance, the revenue they receive from validator nodes and token transaction fees are directed to a DAO for distribution to stakers.

[jhonjhon]

There are a few advantages for those who choose to engage in staking, such as the fact that the cryptocurrency will continue to work for them and do all the hard work, potentially increasing their value and generating additional rewards, as opposed to just sitting dormant in a crypto wallet and waiting for the user to decide what to do with them. The extra benefit is that they could increase the security and effectiveness of the ongoing blockchain initiatives, in addition to potentially increasing and delivering more prizes.
Ref. https://winz.io/blog/benefits-and-risks-associated-with-staking/

[Pujangga]

Staking is a strategy from developers to make users loyal and willing to hold on for the long term, but a lot of staking in my opinion doesn't make sense, they dare to give APY up to thousands of percent and of course we deserve to be vigilant and make sure to do DYOR before staking.

[Cairo_Finance]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Many projects have staking and now investors have a big choice of projects with staking.
It is very important to choose the projects that are useful for people and will be in demand in the future.

Staking allows to earn passive income. Now cryptocurrency market started to rise and it is a good opportuntity to pay attention to digital assets and the opportunities it offers.

[Buakaw_Club]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Staking allows to earn passive income. Now cryptocurrency market started to rise and it is a good opportuntity to pay attention to digital assets and the opportunities it offers.

Staking becomes more popular because it offers a lot of useful opportunities and allows people to earn money.
Many people are actively use staking to earn money.

[Defi_space]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Staking becomes more popular because it offers a lot of useful opportunities and allows people to earn money.
Many people are actively use staking to earn money.

Many people belive that cryptocurrency market will continue to grow. That is why they pay more and more attention to staking and the opporutnity to earn passive income.

[Docnaster]

Staking is a strategy from developers to make users loyal and willing to hold on for the long term, but a lot of staking in my opinion doesn't make sense, they dare to give APY up to thousands of percent and of course we deserve to be vigilant and make sure to do DYOR before staking.

It is the same thing for banks who operates fixed deposit account.  They use this method to make customers stick around with the bank and make their money to still in circulation within the system. But the difference is that local banks don't give upto 9.5% annual interest like crypto staking do but with 3 to 4%. For people that don't have urgent need of their money, staking is good. It's better than depreciating

[Ultegra134]

Staking is a strategy from developers to make users loyal and willing to hold on for the long term, but a lot of staking in my opinion doesn't make sense, they dare to give APY up to thousands of percent and of course we deserve to be vigilant and make sure to do DYOR before staking.

It is the same thing for banks who operates fixed deposit account.  They use this method to make customers stick around with the bank and make their money to still in circulation within the system. But the difference is that local banks don't give upto 9.5% annual interest like crypto staking do but with 3 to 4%. For people that don't have urgent need of their money, staking is good. It's better than depreciating

Since when do banks give up to 3% or 4% interest? The most you'd get is 0.10% here, I also doubt that it's much higher in other countries. Staking stablecoins on Beefy can easily yield up to 10% to 15% APY, which is great. Even OP's APY is decent for the $1.000 he put, what did he expect, honestly. I'm currently earning approximately $1/day (10% APY), while my bank's deposit pays €2 per 3 months for double the amount I had deposited.

It's a relatively safe way to have a decent interest if you have money sitting around.

[milewilda]

Staking is a strategy from developers to make users loyal and willing to hold on for the long term, but a lot of staking in my opinion doesn't make sense, they dare to give APY up to thousands of percent and of course we deserve to be vigilant and make sure to do DYOR before staking.

It is the same thing for banks who operates fixed deposit account.  They use this method to make customers stick around with the bank and make their money to still in circulation within the system. But the difference is that local banks don't give upto 9.5% annual interest like crypto staking do but with 3 to 4%. For people that don't have urgent need of their money, staking is good. It's better than depreciating

Since when do banks give up to 3% or 4% interest? The most you'd get is 0.10% here, I also doubt that it's much higher in other countries. Staking stablecoins on Beefy can easily yield up to 10% to 15% APY, which is great. Even OP's APY is decent for the $1.000 he put, what did he expect, honestly. I'm currently earning approximately $1/day (10% APY), while my bank's deposit pays €2 per 3 months for double the amount I had deposited.

It's a relatively safe way to have a decent interest if you have money sitting around.

When we do talk about interest then there's no doubt that staking in known platform with those coins would really be totally worth but but we shouldnt really cross out the probabilities or in speaking with risk because we know that everything here on crypto space wont really be giving out that kind of assurance for it to last for a lifetime thats why some people arent really that interested
on touching up these things despite of the interesting interest or APY that it does give compared into their banks which their cash is sitting.So its a personal choice
whether you are really be considering on staking or would simply be just skip on it because you cant take the risk.

[Ultegra134]

Staking is a strategy from developers to make users loyal and willing to hold on for the long term, but a lot of staking in my opinion doesn't make sense, they dare to give APY up to thousands of percent and of course we deserve to be vigilant and make sure to do DYOR before staking.

It is the same thing for banks who operates fixed deposit account.  They use this method to make customers stick around with the bank and make their money to still in circulation within the system. But the difference is that local banks don't give upto 9.5% annual interest like crypto staking do but with 3 to 4%. For people that don't have urgent need of their money, staking is good. It's better than depreciating

Since when do banks give up to 3% or 4% interest? The most you'd get is 0.10% here, I also doubt that it's much higher in other countries. Staking stablecoins on Beefy can easily yield up to 10% to 15% APY, which is great. Even OP's APY is decent for the $1.000 he put, what did he expect, honestly. I'm currently earning approximately $1/day (10% APY), while my bank's deposit pays €2 per 3 months for double the amount I had deposited.

It's a relatively safe way to have a decent interest if you have money sitting around.

When we do talk about interest then there's no doubt that staking in known platform with those coins would really be totally worth but but we shouldnt really cross out the probabilities or in speaking with risk because we know that everything here on crypto space wont really be giving out that kind of assurance for it to last for a lifetime thats why some people arent really that interested
on touching up these things despite of the interesting interest or APY that it does give compared into their banks which their cash is sitting.So its a personal choice
whether you are really be considering on staking or would simply be just skip on it because you cant take the risk.

Certainly, I'm one of those who got screwed over with that so-called stablecoin UST, fortunately, I was relatively lucky and cut my losses early. It was deemed as a safe staking investment, offering a relatively decent APY and within 2 days, it plummeted due to the Luna incident. There's no such thing as a guarantee in cryptocurrencies (or generally when money is involved).

[Abiky]

After recent events I wouldn’t even consider it.

Seriously get your coins off exchanges & even worse, don’t think about trying to earn yield by giving up your keys. It’s just not worth the risk.

It's not worth staking coins on centralized platforms because you can end up losing it all in an instant. As it's always said: "Not your keys, not your coins". You should consider staking coins on a non-custodial wallet for complete peace of mind. How much you will earn in Fiat terms will depend on current market conditions. I'd advise anyone to stake coins with a low APR in order to avoid losing purchasing power (due to inflation) over time. Coins like Peercoin (PPC), Komodo (KMD), Diamond (DMD), TRON (TRX), Cardano (ADA), and Polkadot (DOT) should be on the top of your list of coins to stake.

Ultimately, it's all about diversification. As long as you diversify your investment, the risks of loss will be at the minimum. Who knows if you become the next crypto millionaire by playing it safe? Just my thoughts

[Pamadar]

When we do talk about interest then there's no doubt that staking in known platform with those coins would really be totally worth but but we shouldnt really cross out the probabilities or in speaking with risk because we know that everything here on crypto space wont really be giving out that kind of assurance for it to last for a lifetime thats why some people arent really that interested
on touching up these things despite of the interesting interest or APY that it does give compared into their banks which their cash is sitting.So its a personal choice
whether you are really be considering on staking or would simply be just skip on it because you cant take the risk.

You need to balance both risk and the gain that you might get when using this kind of investment,

Staking serves as passive if you invest with good coin that have good potential, aside from small profits from the stake rewards
the possibilities to see the value of the coin to grow is really high.

Just don't forget to do your DYOR and pick staking coins that have real usages. The chance that it will grow along the way is high.

[Docnaster]

Staking is a strategy from developers to make users loyal and willing to hold on for the long term, but a lot of staking in my opinion doesn't make sense, they dare to give APY up to thousands of percent and of course we deserve to be vigilant and make sure to do DYOR before staking.

It is the same thing for banks who operates fixed deposit account.  They use this method to make customers stick around with the bank and make their money to still in circulation within the system. But the difference is that local banks don't give upto 9.5% annual interest like crypto staking do but with 3 to 4%. For people that don't have urgent need of their money, staking is good. It's better than depreciating

Since when do banks give up to 3% or 4% interest? The most you'd get is 0.10% here, I also doubt that it's much higher in other countries. Staking stablecoins on Beefy can easily yield up to 10% to 15% APY, which is great. Even OP's APY is decent for the $1.000 he put, what did he expect, honestly. I'm currently earning approximately $1/day (10% APY), while my bank's deposit pays €2 per 3 months for double the amount I had deposited.

It's a relatively safe way to have a decent interest if you have money sitting around.

I don't know what the OP was thinking staking was. Staking is just saving your coin which we do with local banks without having anything to show for it. The 9.5% is OK, the impact would be seen when the amount of coins to be saved is higher. Let’s say he is saving $100k, he will surely appreciate the interest he was given.
Staking is first saving before earning, if you want to earn, go trade with your coin with whatever leverage you want and earn huge.

[RussiaUkraineTranslation]

After recent events I wouldn’t even consider it.

Seriously get your coins off exchanges & even worse, don’t think about trying to earn yield by giving up your keys. It’s just not worth the risk.

It's not worth staking coins on centralized platforms because you can end up losing it all in an instant. As it's always said: "Not your keys, not your coins". You should consider staking coins on a non-custodial wallet for complete peace of mind. How much you will earn in Fiat terms will depend on current market conditions. I'd advise anyone to stake coins with a low APR in order to avoid losing purchasing power (due to inflation) over time. Coins like Peercoin (PPC), Komodo (KMD), Diamond (DMD), TRON (TRX), Cardano (ADA), and Polkadot (DOT) should be on the top of your list of coins to stake.

Ultimately, it's all about diversification. As long as you diversify your investment, the risks of loss will be at the minimum. Who knows if you become the next crypto millionaire by playing it safe? Just my thoughts

Correct. I completely agree that staking coins is the safest and most reliable way to earn high yield but I would add staking tokens like MAXX (MAXX Finance) and ALCX (Alchemix) to that list. These are DeFi platforms with revenue that backstop the value of the token. You don't validate transactoins but they are important pieces of protocols that can generate extreme APY sustainably.

[Artik_Finance]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Many people belive that cryptocurrency market will continue to grow. That is why they pay more and more attention to staking and the opporutnity to earn passive income.

The ability to earn money on passive income attracts many people to staking.
Now many projects use staking to attract users which is especially popular during the rise of the market.

[BuNga_cute]

When we do talk about interest then there's no doubt that staking in known platform with those coins would really be totally worth but but we shouldnt really cross out the probabilities or in speaking with risk because we know that everything here on crypto space wont really be giving out that kind of assurance for it to last for a lifetime thats why some people arent really that interested
on touching up these things despite of the interesting interest or APY that it does give compared into their banks which their cash is sitting.So its a personal choice
whether you are really be considering on staking or would simply be just skip on it because you cant take the risk.

You need to balance both risk and the gain that you might get when using this kind of investment,

Staking serves as passive if you invest with good coin that have good potential, aside from small profits from the stake rewards
the possibilities to see the value of the coin to grow is really high.

Just don't forget to do your DYOR and pick staking coins that have real usages. The chance that it will grow along the way is high.

If we want to get passive income with low risk, maybe staking coins is worth trying. But we should not expect too high by assuming staking is
a way to become a millionaire, because the interest rates on staking are very low, so usually the income obtained from staking is relatively small.
If we want to become a millionaire, it's better to just trade, but the risk is certainly higher. Maybe when compared to storing fiat in a bank,
staking coins is still a little better. The most important thing when we plan to staking coins, make sure the platforms that will be used have a good
and trusted reputation. In addition, popular coins for staking must be a priority, besides being much safer, because usually popular coins will grow
and are likely to continue to rise in value. So in conclusion staking still makes sense for us to do and can provide additional income safely.

[Cairo_Finance]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

The ability to earn money on passive income attracts many people to staking.
Now many projects use staking to attract users which is especially popular during the rise of the market.

Passive income is a good opportunity to earn money, that is why it attracts attention of users.
The ability to earn money attracts a lot attention to staking.

[rojan]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Staking becomes more popular because it offers a lot of useful opportunities and allows people to earn money.
Many people are actively use staking to earn money.

Many people belive that cryptocurrency market will continue to grow. That is why they pay more and more attention to staking and the opporutnity to earn passive income.

Here everyone likes stalking but first we need to know about the project whether the projector is aerial if the project is not aerial then there is a chance of stalking but we have a big chance of losing money so before stalking I think we should check the project well  Then if we do it here we will get benefits from here

[Backed_Finance]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Passive income is a good opportunity to earn money, that is why it attracts attention of users.
The ability to earn money attracts a lot attention to staking.

Now staking popular and in demand because it allows to earn money to many people.
The ability to earn money attracts a lot of people to cryptocurrency.

[Pamadar]

If we want to get passive income with low risk, maybe staking coins is worth trying. But we should not expect too high by assuming staking is
a way to become a millionaire, because the interest rates on staking are very low, so usually the income obtained from staking is relatively small.
If we want to become a millionaire, it's better to just trade, but the risk is certainly higher. Maybe when compared to storing fiat in a bank,
staking coins is still a little better. The most important thing when we plan to staking coins, make sure the platforms that will be used have a good
and trusted reputation. In addition, popular coins for staking must be a priority, besides being much safer, because usually popular coins will grow
and are likely to continue to rise in value. So in conclusion staking still makes sense for us to do and can provide additional income safely.

Indeed, the stake rewards are just a portion, but yes, it's passive and we never know what the project will deliver.

There are chances that the coin will fly, and it's really good to see that you have a staking asset that you can withdraw and sell
when your target value is already been achieved.

There are traders who managed to have a joy ride using staking coins, though it's not too many, but there are lucky traders
who got into the project in their perfect timing of pumping the value.

[alan228]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Passive income is a good opportunity to earn money, that is why it attracts attention of users.
The ability to earn money attracts a lot attention to staking.

A lot depends on the economic situation in the world. The economic crysis continue and it is hard to say how long it will last.
Staking attracts more attention to the coins.

[DeathAngel]

After recent events I wouldn’t even consider it.

Seriously get your coins off exchanges & even worse, don’t think about trying to earn yield by giving up your keys. It’s just not worth the risk.

[exoncenter]

Staking is a best way to increase amount of tokens/coins, but if it is ok for business model and don't make inflation.

[minairia3]

After recent events I wouldn’t even consider it.

Seriously get your coins off exchanges & even worse, don’t think about trying to earn yield by giving up your keys. It’s just not worth the risk.

Due to the recent problems with the luna and Celsius network, staking is no longer regarded as a safe place,  low returns are associated with high risk. A bear market remains in place and we do not know how the lending platforms will develop in the future, they could crash at any time as a result of the domino effect caused by Luna and Celsius. The stake is not bad at all but we should be careful and it is better not to bet at this point.

[rojan]

Staking is a best way to increase amount of tokens/coins, but if it is ok for business model and don't make inflation.

agreed, staking program offered should at the very least make sense, giving away really high APY could instead results in the coin that got staked losing majority of its value
and that's the same as losing investment in the long run.
staking should be sustaining for the long run and didn't detriment against the well being of the tokens economy.

If you want to do streaking then you have to think a lot but styling it is better if you want to do streaking right away then you may face many problems later on.  The project that you are going to strike is the subject but you have to have an idea.  If you keep your head down a little you won't have to put yourself in danger.

[sulendra12]

Defi and staking has really failed in this cycle and I still dont understand the reason. Till date ethereum still has a good percentage staked and lost more than 60% of its value. However, the idea looks great to me, a good way to manage the token while holders are equally rewarded. I want to believe there will be improvement to staking soon,irrespective I wont involve my myself in staking immediately after bitcoin halving

Pretty sure compared on DeFi, staking is way better to invest especially when you stake in reputable exchange or rather good coins to even begin with. With how people treat DeFi nowadays I don't even remember good DeFi to even think to justify why DeFi is good.  Also Bitcoin halving doesn't affect anything right away like in past few halvings few years ago.

[Cairo_Finance]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

A lot depends on the economic situation in the world. The economic crysis continue and it is hard to say how long it will last.
Staking attracts more attention to the coins.

The opportunity to earn money attracts a lot of people to cryptocurrency. The rise of the market attracts a lot of attention as it allows to earn more money and have more profit.

[Miaallen]

Staking stable coins is even fairer compared to a token for a long period of time. If you have lots of stable coins you just want to keep from investment for a long time, staking is cool for you. But if you're to stake tokens whose price price can't be guaranteed over a long period of time, staking isn't for you as the price might have crashed far beyond what your staking reward will be at the end of the day.

[jeha2015]

Staking is a best way to increase amount of tokens/coins, but if it is ok for business model and don't make inflation.

agreed, staking program offered should at the very least make sense, giving away really high APY could instead results in the coin that got staked losing majority of its value
and that's the same as losing investment in the long run.
staking should be sustaining for the long run and didn't detriment against the well being of the tokens economy.

dont focus on its APY only , we have to also consider another factors such as its ecosystem and also utility. alot investors forget about , they only concer on APY number meanwhile its coin has no utility at all. look at cosmos ecosystem , they are good coins to stake . beside high return staker will also got stake drop from new project that launched on cosmos chain.

[Lubang Bawah]

If the benchmark is the top exchanges such as binance, huobi, pancakeswap and so on, of course what are what they give are smaller, even now the popular is a rebase who dares to give apy up to thousands of percent, as long as they can prove and pay, of course it is a natural thing because They focus on long -term projects.

[RussiaUkraineTranslation]

Staking makes sense but avoid staking on centralized platforms and exchanges unless you wan't your funds to end up like celsius investor funds. Use audited decentralized staking platforms like MAXX finance and Alchemix.

[batang_bitcoin]

If we look at the benefits of passive income, many people are now attracted to it, but many users are using it, but they are gaining a lot of profit, but it is gaining popularity. Before I die, if we do well.  It will be good for us to know about the project later

Who doesn't like passive income? We all do like it since it's automatic generated profit but it won't just come out of nowhere if you're new to it. There has to be the roots where it will come from and the amount of passive income you'll get depends on how much capital you've got.
Those that like to have passive income into crypto market, mining or staking is their option. While for those who likes to have active income, trading is one way but it's hard as it is. In staking, you don't need mining rigs but the capital is going to be your gateway depending on the crypto that you hold like in mycointainer. Several choice that you can get and you don't need to worry about electrical expenses as for mining, it is one major concern. But still, always check the terms and conditions before you do it whether it's on their platform or any other that you prefer.

[virasisog]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Many people belive that cryptocurrency market will continue to grow. That is why they pay more and more attention to staking and the opportunity to earn passive income.

The ability to earn money on passive income attracts many people to staking.
Now many projects use staking to attract users which is especially popular during the rise of the market.

If we look at the benefits of passive income, many people are now attracted to it, but many users are using it, but they are gaining a lot of profit, but it is gaining popularity. Before I die, if we do well.  It will be good for us to know about the project later

The passive income that staking could provide is also promising and a good opportunity to earn good coins. As long as you're staking potential cokns and great projects, it will always be worth it. But if you're into a short-term and higher earning, trading would be a thing though it requires knowledge and complete skills for you to get rid of constant losses.

[Abiky]

Staking makes sense but avoid staking on centralized platforms and exchanges unless you wan't your funds to end up like celsius investor funds. Use audited decentralized staking platforms like MAXX finance and Alchemix.

Exactly. With centralized lending/staking platforms freezing users' funds lately, it's best to choose a non-custodial/decentralized alternative for true peace of mind. "Not your keys, not your coins", right? But most people often prefer convenience on top of security/decentralization, so they will still stake on centralized platforms like Coinbase and Binance. I don't blame the majority since having the responsibility to secure your crypto funds all by yourself is no easy task. It's often easier to just delegate someone else that responsibility (like a trusted third party), than all the other way around.

Besides, no matter where you stake your coins, there's always the risk of losing it all in an instant. Things like software vulnerabilities, the exposure of your private keys, or even market volatility could make you lose your hard-earned crypto funds. Diversification is the only way to minimize risks as much as possible. As long as you don't put all of your life savings in staking, there should be nothing to worry about. Just my thoughts

[Pamadar]

Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065

That is why it is important to carefully evaluate the potential of every project.

Many people belive that cryptocurrency market will continue to grow. That is why they pay more and more attention to staking and the opportunity to earn passive income.

The ability to earn money on passive income attracts many people to staking.
Now many projects use staking to attract users which is especially popular during the rise of the market.

If we look at the benefits of passive income, many people are now attracted to it, but many users are using it, but they are gaining a lot of profit, but it is gaining popularity. Before I die, if we do well.  It will be good for us to know about the project later

The passive income that staking could provide is also promising and a good opportunity to earn good coins. As long as you're staking potential cokns and great projects, it will always be worth it. But if you're into a short-term and higher earning, trading would be a thing though it requires knowledge and complete skills for you to get rid of constant losses.

A great project is something that is really hard to pinpoint during your stay inside the market,

there are staking potential projects but the market is still unsure and there are lots of drama inside. You needed to work
well with doing your research and keep in mind that it's your money that in stake, staking might take some long of waiting
period but good enough since you are getting an additional token while holding.

[bonyaserg]

For me personally, betting has always been a lucrative business. And if now there is an opportunity to place a bet and make a profit. Then you have to bet. I believe that bets need to be made sooner or later, the bet will work and you will get an excellent income.

[mich]

Personally, I would not recommend leaving your coins on exchanges at the moment. With the recent turn of events with the market crash, I think there is too much risk locking up your crypto.

I'm fully aware of the rewards of tokens by staying in but I think there is just too much uncertainty in the global economy for that kind of move. Right now most of my portfolio is in BTC but perhaps I’m a rather conservative investor.

[tobi4255]

It's more profitable to stake in own wallet rather than Binance. Specially when you are going to stake for longer period of time. Currently I'm staking ROSE in web wallet and I got higher APY than Binance. 

[Abiky]

Personally, I would not recommend leaving your coins on exchanges at the moment. With the recent turn of events with the market crash, I think there is too much risk locking up your crypto.

I'm fully aware of the rewards of tokens by staying in but I think there is just too much uncertainty in the global economy for that kind of move. Right now most of my portfolio is in BTC but perhaps I’m a rather conservative investor.

Staking is a gamble right now, especially when the global economy is in a recession. Crypto market prices keep falling, with no signs of recovery anytime soon. Those with a lot of money to spend (mostly whales) will be able to stake coins and turn a profit no matter what. But newcomers into crypto or poor people won't be able to see great results with staking because of the high volatility present at the market. These kind of people are better off saving money at a bank (or even Gold) than anything else. I believe staking becomes a problem if you cash out your rewards for Fiat (mainly USD). But if you stake and "hodl" your coins, you'll be able to obtain huge profits in terms of USD once the crypto market turns bullish again. No one can predict the future, so we can only hope for the best. Just my thoughts

[Pterosaur]

It makes no sense to hold a proof of stake coins on your wallet, sitting there doing nothing, it makes no sense at all, half bread is always better than none, if 100 tokens can earn you 10 more in a year vs holding the 100 tokens in your wallet for a year which one do you think makes more sense.

[Ngemmeng]

wrong way of thinking. if you do not staking of course the money you have worth $ 1k will not grow, it looks very small but you can get it for sure and without any risk. if you trade with a capital of $ 1k maybe you can make a profit of more than $ 95 in a year but you need to do an analysis and you also bear the risk of loss. I think security is the main thing in crypto 

[coinmanhere]

To be frank i have terrible experience with staking, like many are saying high returns but fail to mention that the platforms can just cut return anytime best example pancake few months back the return was like more than 50% now i haven't checked it but probably less than 2%(yeah yearly). On top of that pancake has lost value tremendously so yeah very very negative returns it might be good if you can wait for like several years.

I mean think it this way the money in bank probably won't get affected that much,like my example before when i was started with it has value of 20 dollar now for months it struggle to cross even $4 now consider the lost value and even if they give 50% return (which they are not)you will be still in loss.

[Docnaster]

wrong way of thinking. if you do not staking of course the money you have worth $ 1k will not grow, it looks very small but you can get it for sure and without any risk. if you trade with a capital of $ 1k maybe you can make a profit of more than $ 95 in a year but you need to do an analysis and you also bear the risk of loss. I think security is the main thing in crypto 

It depends on how you see staking, staking is not an investment. You have to stake only the coins you want to save for a long time. This means that instead of saving it and leaving the coin stagnant, you can save and allow it grow to some percentages. If you understand staking from this perceptive, you will not have problems with any amount of percentage that will be giving you because it is higher than what bank will give.

[kryptocanon]

That's for USDT, and more of the reason you're not getting a higher and substantial return is that you're staking top coin. Why not try the same thing with a low market cap that has higher APY and be surprised by the kind of return you'll be getting.

[Jaered]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

It does make sense. Why? Where can you invest a non-volatile token or coin and make about 10% in a year? You can make more staking volatile entities like bitcoin, ethereum but the profit may be eaten away by impermanent loss and you may actually be in the red at the end of a fiscal year. So yeah, stable staking or liquidity provision is the way the go if you want to profit in this bear market

[topman21]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Where you invest $1000 for a year and get only $95 it actually becomes very simple. But since Binance is an exercise that is very popular all over the world, it is the most popular here Staking more. Here your risk is very low. A trusted staking platform and exchange site.But I am sharing about an exchange side which has staking platform and gives 48 percent APR.But there is probably a three month or one year APR given here.If you stake 1000$ on this exchange staking platform, you get maximum 459$.But I am sharing the site with a screenshot so you can check it out.I don't know such details but it has come to my attention that you can verify the truth and falsehood.

[OgNasty]

A 9.5% return is pretty crazy high. Most of the invested money in the world is seeing dividends of less than 1/3 that. If you have lots of money and want a return, 9.5% is great. I fear that kids learning to invest in crypto are going to have some messed up expectations vs reality when it comes to real returns.

[rhodelmabanal]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Staking has a different way and it has a different profit if you locked or staked a big amount of asset in a short time it will only earn a small profit but if you locked it for more than 5 to 10 years you will surely get an amazing return, try it in a different stages of amount with a different time frame and observe staking is now very popular and many investors do staking than holding.

[bitterguy28]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

why choose Stable coin when there are other coins that is having a good staking offering for Binance? Am not sure what is your plans and Ideas but i found it not even when  stable coin specially USDT is not worth staking for.

and why not locked the amount for much longer time than just a year? because if that funds is just for long term and willing to risk then there is no issue in waiting more.

[BlackBaron]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

I do it in stablecoin surveillance like USDT very short change, can say hourly or daily can change, low profit count/usdt, but if in the amount of placement of $ 1000 you can get profits repeatedly in one month, not calculated per year.

Do the reconnaissance method you will get many times more profit than you get per year.

[Pamadar]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

I do it in stablecoin surveillance like USDT very short change, can say hourly or daily can change, low profit count/usdt, but if in the amount of placement of $ 1000 you can get profits repeatedly in one month, not calculated per year.

Do the reconnaissance method you will get many times more profit than you get per year.

You earn, but you need to spend more time to monitor and to make sure that you can go out before

your investment lose, it's more on how much time and how deep you can go to analyze the coin that you use for your
short-term trade.

Not really staking though, unlike with coins that accumulate staking rewards, but risk is also present since fluctuation
mostly affects the value of coins, but it's more on your understanding and determination to hold.

[Abiky]

A 9.5% return is pretty crazy high. Most of the invested money in the world is seeing dividends of less than 1/3 that. If you have lots of money and want a return, 9.5% is great. I fear that kids learning to invest in crypto are going to have some messed up expectations vs reality when it comes to real returns.

I'd be very careful investing into coins or "De-Fi" platforms which promise high returns. Terra/LUNA offered high returns to "stakers" of the TerraUSD stablecoin, only to fall all the way down the drain in an instant. Coins with low stake rates are better because their maintain their value over time. The lower the stake rate, the more stable the coin's price will be. This is no different than saying the higher the reward, the higher the risk of loss will be. Most people are greedy, so they wouldn't mind staking coins with high returns even if they could lose it all in an instant. Just my opinion

[Shasha80]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

why choose Stable coin when there are other coins that is having a good staking offering for Binance? Am not sure what is your plans and Ideas but i found it not even when  stable coin specially USDT is not worth staking for.

and why not locked the amount for much longer time than just a year? because if that funds is just for long term and willing to risk then there is no issue in waiting more.

It's true that stable coins like USDT are not a good choice for staking, I prefer staking other coins that can provide greater profits. But if we really want
to staking on stablecoins, we should not choose to staking on Binance, look for other platforms that offer higher interest rates. But we have to be careful
if staking on other platforms, make sure the platforms have a good reputation, so we won't lose our money. It must be admitted that it is very rare
for a trusted platform to offer high interest rates for staking, so if we feel that the profit generated from staking is unsatisfactory, it means that
staking is not something we should do. There are many other ways to make a profit in the crypto world, we just need to find information. What is
certain is that if there is a way that produces large profits, the risk is usually very high, very different from staking usually has a low risk.

[Tessyb]

Staking is basically for the rich with idle funds. The percentage may seem small but when computed against a more substantial amount, you'll find that the percentage is good, considering the fact that you don't need to do anything and your capital is intact. I know they are staking with higher percentage in terms of interest, but there could be higher risk attached as your capital could be compromised.

[Luffygroove]

People are used to thinking that everything in the crypto world will make them rich and fast lol. It's still a win compared to traditional finance IMHO try to compare it with depositing in your bank account. What most important is the innovation I think. Let this technology mature by itself, there are still many un-legit projects that try to shove staking to our throat let us be wise about this. I think it's still good that you got profits instead of being scammed. It's stablecoin anyway, it won't give you any extreme volatility.

[crunck]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

why choose Stable coin when there are other coins that is having a good staking offering for Binance? Am not sure what is your plans and Ideas but i found it not even when  stable coin specially USDT is not worth staking for.

and why not locked the amount for much longer time than just a year? because if that funds is just for long term and willing to risk then there is no issue in waiting more.

It's true that stable coins like USDT are not a good choice for staking, I prefer staking other coins that can provide greater profits. But if we really want
to staking on stablecoins, we should not choose to staking on Binance, look for other platforms that offer higher interest rates. But we have to be careful
if staking on other platforms, make sure the platforms have a good reputation, so we won't lose our money. It must be admitted that it is very rare
for a trusted platform to offer high interest rates for staking, so if we feel that the profit generated from staking is unsatisfactory, it means that
staking is not something we should do. There are many other ways to make a profit in the crypto world, we just need to find information. What is
certain is that if there is a way that produces large profits, the risk is usually very high, very different from staking usually has a low risk.

There is no better platform than binance, the ones that offer high interest rate, you have to accept higher risk. Staking USDT and with 9.5% interest is high and more than enough, in my opinion, if you stake other altcoins, they will give higher interest but can also make you lose more because you don't It is certain that those altcoins will increase in price over time.

[Devifajarina]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

We also smile to see your style in carrying out investments, in fact you benefit from the investment, because you get a return of $95, but not as maximal as expected.
If USDT is not able to provide large returns, then it is best to try investing in other coins with more potential.
Especially nowadays, there are so many coins available in the market, if you are able to maximize some of the potential ones, then I am sure you will get a suitable return.

[bitcoin-shark]

the staking of stablecoins has very low api (in any case higher than traditional banks) but it is relatively safe the stable always have more or less the same value with other coins there are also very high percentages but there is a risk of devaluation so you have to do the staking / short-term loans and always follow the markets

[Inwestour]

It's true that stable coins like USDT are not a good choice for staking, I prefer staking other coins that can provide greater profits. But if we really want
to staking on stablecoins, we should not choose to staking on Binance, look for other platforms that offer higher interest rates. But we have to be careful
if staking on other platforms, make sure the platforms have a good reputation, so we won't lose our money. It must be admitted that it is very rare
for a trusted platform to offer high interest rates for staking, so if we feel that the profit generated from staking is unsatisfactory, it means that
staking is not something we should do. There are many other ways to make a profit in the crypto world, we just need to find information. What is
certain is that if there is a way that produces large profits, the risk is usually very high, very different from staking usually has a low risk.

The reputation of a platform in crypto is a relative thing, until recently Celsius was also considered a reliable platform with a good reputation, but as we can see, now people who have entrusted their money to this platform have big problems in order to return their investments. Staking is good, but is it worth the risk to your funds?

[Oneandpure]

It's true that stable coins like USDT are not a good choice for staking, I prefer staking other coins that can provide greater profits. But if we really want
to staking on stablecoins, we should not choose to staking on Binance, look for other platforms that offer higher interest rates. But we have to be careful
if staking on other platforms, make sure the platforms have a good reputation, so we won't lose our money. It must be admitted that it is very rare
for a trusted platform to offer high interest rates for staking, so if we feel that the profit generated from staking is unsatisfactory, it means that
staking is not something we should do. There are many other ways to make a profit in the crypto world, we just need to find information. What is
certain is that if there is a way that produces large profits, the risk is usually very high, very different from staking usually has a low risk.

Behind with USDT as stable coins is not good choose for staking but OP realistic with stable price without risk why keep staking using stable coins, all exchange market not really profitable when staking with stable coin and exactly true by choosing other altcoin for staking. I think OP have research with many kind of altcoin staking option price drop drastically before unlock staking ended.

Have many kinds of altcoin ability for staking price drop drastically, like AXS, BSW and SFUND, OP know all risk why choose USDT as stable coin for staking although he know with small APY reward. OP just want to keep away risk price drop drastically when staking with other altcoin can given higher APY than staking with USDT.

[iv4n]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

Binance offers 10% APR returns on USDT and BUSD Savings . I don't think it is less profitable . coz a central bank of my country offers only 5% APR return and from them have 20% Government tax . 4% is actually available from there . here if i use 1000$ savings then i will get 40$ in a year . but Binance offers 95-100$ Yearly . so i think savings on Binance is not bad idea

Having some savings is generally a great idea! 10% on Binance is quite nice and pretty much safe... but crypto is full of opportunities, there are good staking places with higher APY that have proven to be very reliable in my experience! Of course, chasing for some higher returns is risky, but also can be very profitable, why do not try some of them? People should be open to new ideas, to feel free to test some things around, it's how we discover new opportunities. I like BSW for example, for a year it's going great... they have some nice staking options and for now, I didn't have any issues with staking, deposits, and withdrawals!

[bitterguy28]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

why choose Stable coin when there are other coins that is having a good staking offering for Binance? Am not sure what is your plans and Ideas but i found it not even when  stable coin specially USDT is not worth staking for.

and why not locked the amount for much longer time than just a year? because if that funds is just for long term and willing to risk then there is no issue in waiting more.

It's true that stable coins like USDT are not a good choice for staking, I prefer staking other coins that can provide greater profits. But if we really want
to staking on stablecoins, we should not choose to staking on Binance, look for other platforms that offer higher interest rates. But we have to be careful
if staking on other platforms, make sure the platforms have a good reputation, so we won't lose our money. It must be admitted that it is very rare
for a trusted platform to offer high interest rates for staking, so if we feel that the profit generated from staking is unsatisfactory, it means that
staking is not something we should do. There are many other ways to make a profit in the crypto world, we just need to find information. What is
certain is that if there is a way that produces large profits, the risk is usually very high, very different from staking usually has a low risk.

actually I am not for very much profit mate but I am for safer investment mate , and I don't trust USDT or Stable coin for that and this is the reason  why I only use more movable coins than this coins.
I will never choose that kind of currency for my long term staking as I have already for some other sites and coins.

[|MINER|]

~snip~

I am totally agree with you because Binance is now the best exchanger in crypto world and I think it's much safer . I also don't see anything wrong with stable coin staking on Binance. For those who have funds that can be urgently need at any time, for those I think flexible staking on Binance is best.  At least better than keeping fiat money it in the bank.

[Ngemmeng]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

that's the same thing that came to my mind at first, but it all depends on how much you put in and what token did you use to stake, stable coins like USDT and USDC which are worth one American dollar are very safe to stake compared to other tokens that can go up or down, that's why the return is small but it is guaranteed, they're small but you won't even find them in banks, mostly it's for people who already have a very big capital.

It's true, some people only think about how big the rewards will be from staking without considering the risks they have to face.
if the price drops drastically of course the prizes you get from staking are not worth the losses experienced. This is a risk that must be considered before staking.

[ChaosticCoder]

It is kinda unfair because it benefits more the operator of the stake pool than the users. There's a lot of people being deceived by Youtubers, media influencers, etc saying: 'get passive incoming in this stake pool'. It is true that you get, but for him is way better. He gets more

[budz0425]

I am totally agree with you because Binance is now the best exchanger in crypto world and I think it's much safer . I also don't see anything wrong with stable coin staking on Binance. For those who have funds that can be urgently need at any time, for those I think flexible staking on Binance is best.  At least better than keeping fiat money it in the bank.

Yes, I can say staking in Binance is better than keeping money in Bank, on my personal experience I have left my bank with 400+$ and in almost 2 years I only get less than 10$ since I needed cash and decided to withdraw.  I was surprised it's very small.

[LastKiss]

I am totally agree with you because Binance is now the best exchanger in crypto world and I think it's much safer . I also don't see anything wrong with stable coin staking on Binance. For those who have funds that can be urgently need at any time, for those I think flexible staking on Binance is best.  At least better than keeping fiat money it in the bank.

Yes, I can say staking in Binance is better than keeping money in Bank, on my personal experience I have left my bank with 400+$ and in almost 2 years I only get less than 10$ since I needed cash and decided to withdraw.  I was surprised it's very small.

Yeah bank is really bad when it comes to saving money, it's better to invest in gold or just invest in something else rather than keeping our money in the bank in a long run. Staking is the best option if we don't want to trade or invest in the current condition. Staking is perfect for those who want to earn without any extra effort unlike trading but there's always a risk when we invest in something.

[kojektea]

you just keep your money and you get $95 for free without spending your money on staking why are you upset about that? Have you understood about staking? it is indeed used for those who hold their coins long term but also want to increase their estimation in a safe way through staking. add your money in staking more you also get more results.

[Fredomago]

I am totally agree with you because Binance is now the best exchanger in crypto world and I think it's much safer . I also don't see anything wrong with stable coin staking on Binance. For those who have funds that can be urgently need at any time, for those I think flexible staking on Binance is best.  At least better than keeping fiat money it in the bank.

Yes, I can say staking in Binance is better than keeping money in Bank, on my personal experience I have left my bank with 400+$ and in almost 2 years I only get less than 10$ since I needed cash and decided to withdraw.  I was surprised it's very small.

It's a yes if you also understand the risk behind this business, though Binance already established more clients all over the world and just how you give your example with your savings from the bank APY is much lesser compared to what Binance offer, if you have that trust and you have a good amount of money that you can hold for some time, taking advantage of what binance is offering might be fit for you. Earning while saving your money by means of staking all will depend on how you understand the potential profits.

Try with 10,000$ and see the difference, stakes are for rich people but also we have defi staking that takes 30,60,90 days just to get 3-15% returns I think this are better than yearly staking.

I agree. Staking pays more depending on the amount you are staking plus I believe those that might even want to stake even when their hodlin is small might see it as still getting some thing from t while they hodl that amount of time instead of just keeping them in wallets without earning those we might want to look at the risk but with an exchange like Binance, it is worth the try.

The risk is always needed to weight if you don't know how to balance you might see this as worthless but if you do understand the whole concepts Binance staking gives decent amount, just by staking your investment you will wait and see some growth from your initial investment.

[abralzain17]

doesn't stable coin only offer the lowest returns?, even your bet is very influential from the size of your bet and the bet really depends on how much money you have. if you have a little money in my opinion you should consider your bet. My explanation seems very reasonable

[bonyaserg]

Personally, I think that betting is certainly interesting, because after a successful bet you get a positive result. So he can just bet on another coin, where the income will be much higher. You just need to be patient and draw up a profitable strategy for yourself and get much more profit from the bet.

[Ben Barubal]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

At least the 1000$ you set up in stakes via Binance grew by 95$ in 1 year. Instead of putting it in the bank, that's not how your money will grow. But I think my advice to you is, next time you stake money, don't go to the Binance platform, better in my opinion according to my research  biswap is one of the good rather than Binance in my own assessment, at least on this platform you can withdraw the money anytime Unlike Binance you cannot, due to it will be lock up according to your set up period.  It's like a time deposit, in biswap it's the same but you can take it out at any time or even you just want to reduce it.

[Invester]

It is best that we keep our own coins in our hard wallets. But there is no wrong when people are staking even on decentralized platforms like Binance for example. There are risks but if people knew that then it is fine. If it is extra money then a thousand dollars earning $95 for a year is very good enough. We're talking about returns in contrast with banks very low yearly interests on our savings.

Instead of bashing people that staked their coins, why not share to us better ways to earn more?

 

[CPNpr]

~snip~

I am totally agree with you because Binance is now the best exchanger in crypto world and I think it's much safer . I also don't see anything wrong with stable coin staking on Binance. For those who have funds that can be urgently need at any time, for those I think flexible staking on Binance is best.  At least better than keeping fiat money it in the bank.

Can't agree with you girl here the reason binance isn't number one in the world is better than acting someone else who has stuff you're not using you would have realized if you were.

[Imran232]

<......................>

In my opinion, staking is a good option, but in this case you have to understand what type of investor you are. If you are a short-term investor, staking is not for you; however, if you intend to invest in any coin or token for a long period of time, such as 2-3 years, why not use the staking feature if it is available? Just think you are holding a coin for 3 years. That's your plan. If you hold this coin for 3 years, then you will get the profit after 3 years when you sell it. The profit will be the price you paid for it. But if you stake and the return you will get from the coin is 20-30% atleast a year, then just imagine you will get your investment back after a 3 year stake period. That means now your investment amount is 90% extra. That means whatever profit you will get before you stake, now you will get an extra 90%. This means your investment becomes 90% extra without investing. That's it.

[RussianEnglishTranslation]

It is best that we keep our own coins in our hard wallets. But there is no wrong when people are staking even on decentralized platforms like Binance for example. There are risks but if people knew that then it is fine. If it is extra money then a thousand dollars earning $95 for a year is very good enough. We're talking about returns in contrast with banks very low yearly interests on our savings.

Instead of bashing people that staked their coins, why not share to us better ways to earn more?

 

I don't trust exchanges with my money. I only stake on DeFi platforms like Alchemix or in wallet using POS cryptos like ICP and Celo.

[Fredomago]

<......................>

In my opinion, staking is a good option, but in this case you have to understand what type of investor you are. If you are a short-term investor, staking is not for you; however, if you intend to invest in any coin or token for a long period of time, such as 2-3 years, why not use the staking feature if it is available? Just think you are holding a coin for 3 years. That's your plan. If you hold this coin for 3 years, then you will get the profit after 3 years when you sell it. The profit will be the price you paid for it. But if you stake and the return you will get from the coin is 20-30% atleast a year, then just imagine you will get your investment back after a 3 year stake period. That means now your investment amount is 90% extra. That means whatever profit you will get before you stake, now you will get an extra 90%. This means your investment becomes 90% extra without investing. That's it.

As long as you know the process and you have a good set target time period, staking is a good way to increase your investment, just look for potential project that have stake feature then hold it for some time, it's all on your good understanding that will allow you pick the right coin to stake your money. Like what you mentioned, short-term investors might not enjoy this feature unless you are staking with hype/pump new project who offer stake rewards, though the risk is always high with such kind of project better to find establish project or something that you take your time to DYOR before you go and start investing your money.

I believe why the interest we get is small is because we stake on stable coins that really maintain their price and quality. it is impossible with a little staking capital to earn more like farming on a DeFi platform. you better increase your capital, because it's fair. you get stable coins with small interest it is like no risk.

No risk unless the platforms collapse or runaway with investors' money. Your opinion is logical, stable coin provides small interest, but if the platform/services are established, the possibility of passive profits is a sure one for your investment.

[blockman]

I don't trust exchanges with my money. I only stake on DeFi platforms like Alchemix or in wallet using POS cryptos like ICP and Celo.

Still, be careful, you don't forget that most defi platforms are being targeted by hackers and as well as frequently shown with exploits.
(https://hacken.io/research-and-investigation/top-defi-hacks-of-2022-and-how-to-protect-against-them/)
I understand how staking works and we have to leave our funds on the platforms but before doing that, make sure that you've done your research before entrusting your fund to any platform, centralized or decentralized.

[Wawa2013]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

At least the 1000$ you set up in stakes via Binance grew by 95$ in 1 year. Instead of putting it in the bank, that's not how your money will grow. But I think my advice to you is, next time you stake money, don't go to the Binance platform, better in my opinion according to my research  biswap is one of the good rather than Binance in my own assessment, at least on this platform you can withdraw the money anytime Unlike Binance you cannot, due to it will be lock up according to your set up period.  It's like a time deposit, in biswap it's the same but you can take it out at any time or even you just want to reduce it.

Always be careful with new platforms. Don't jump in without any research because of the high returns they offer and attractive policies, you could lose money. I don't know about the biswap you mentioned but I disagree with you that we should not go to Binance but go to a strange exchange, you are going against everyone. In addition to the functionality that allows you to withdraw your stake at any time, do they assure you that your funds will not be lost or locked?

The selection of platforms for staking is very important, we must make sure the platforms we use must have a good reputation. So that we don't
lose money, because nowadays there are lots of fraud incidents carried out by new platforms. Because like you said lest we be tempted by bigger
offers or more attractive policies, we end up staking on new platforms, where the risk of us losing money is huge. I think it's better to get
a smaller profit, but the platform we use is indeed trusted and has a good reputation. Binance is one of the platforms I recommend for
staking coins, because I have proven it myself. Which I stake on Binance and never had a problem.

[albon]

I believe why the interest we get is small is because we stake on stable coins that really maintain their price and quality. it is impossible with a little staking capital to earn more like farming on a DeFi platform. you better increase your capital, because it's fair. you get stable coins with small interest it is like no risk.

The more a person has large capital, the higher the interest rate, I completely agree with you, there are many good coins other than stable cpons that we can stake and earn money from holding in the long term without making them idle and not benefiting from them, the most important is To do staking on trusted exchange platforms such as Binance and others, and beware of the platforms that give more interest than the famous exchange platforms because they are mostly scam platforms whose purpose is to attract greedy people, so we have to be satisfied even with a small interest is better than not getting anything or losing our money in new platforms.

[CPNpr]

I believe why the interest we get is small is because we stake on stable coins that really maintain their price and quality. it is impossible with a little staking capital to earn more like farming on a DeFi platform. you better increase your capital, because it's fair. you get stable coins with small interest it is like no risk.

Yes I think that you have not invested in the platform here but the risk is very low but if we look at the other disadvantages here then it can be seen that we have to invest before investing.

[tbterryboy]

It is best that we keep our own coins in our hard wallets. But there is no wrong when people are staking even on decentralized platforms like Binance for example. There are risks but if people knew that then it is fine. If it is extra money then a thousand dollars earning $95 for a year is very good enough. We're talking about returns in contrast with banks very low yearly interests on our savings.

Instead of bashing people that staked their coins, why not share to us better ways to earn more?

I don't trust exchanges with my money. I only stake on DeFi platforms like Alchemix or in wallet using POS cryptos like ICP and Celo.

You mean centralized exchange? Because a crypto exchange has a two type. One is centralized and the other is decentralized but I think defi platforms (decentralized) are very risky compared to a well known centralized exchange. Often times we can hear a news that this and that defi platforms are getting hacked and millions or billions of money are getting stolen just like that.

Although there are hack events too that are happening in a centralized platform but I think they aren't that often as defi's. That's because they hold more users so they have the funds to develop a better security system which can't be easily accessed by any hackers.

[bitterguy28]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

why choose Stable coin when there are other coins that is having a good staking offering for Binance? Am not sure what is your plans and Ideas but i found it not even when  stable coin specially USDT is not worth staking for.

and why not locked the amount for much longer time than just a year? because if that funds is just for long term and willing to risk then there is no issue in waiting more.

It's true that stable coins like USDT are not a good choice for staking, I prefer staking other coins that can provide greater profits. But if we really want
to staking on stablecoins, we should not choose to staking on Binance, look for other platforms that offer higher interest rates. But we have to be careful
if staking on other platforms, make sure the platforms have a good reputation, so we won't lose our money. It must be admitted that it is very rare
for a trusted platform to offer high interest rates for staking, so if we feel that the profit generated from staking is unsatisfactory, it means that
staking is not something we should do. There are many other ways to make a profit in the crypto world, we just need to find information. What is
certain is that if there is a way that produces large profits, the risk is usually very high, very different from staking usually has a low risk.

actually I am not for very much profit mate but I am for safer investment mate , and I don't trust USDT or Stable coin for that and this is the reason  why I only use more movable coins than this coins.
I will never choose that kind of currency for my long term staking as I have already for some other sites and coins.

Yes that's true that there is a shadowness on Tether(USDT) . But if you want a stable fund  which will increase with  some apr then Binance savings is perfect solution here usdt,Busd(10%apr) ,Usdc(5%apr). On the others hand price movable coins has a high volatilities that's also a risk when you urgently needed . So I don't see any danger on Binance savings staking

nah , Am not sure if Stable coin is really a good idea mate either BUSD or USDT because look at this , why need to hold or use those coin when there isa Fiat that is more functional and safe?
what I mean is that there are lots of currency to keep and use for staking , that will assure us bigger return than stable coins.

Most of the Staking programs that provide great income are carried out by new Projects.and I often do this Staking.because Staking in my opinion is an effective and easy way to earn income without having to do anything. So this is what attracted me.

New project only promise bigger profit but the legitimacy ? are you safer?

[CPNpr]

We will see some projects in which if we invest then there is a chance to get a lot of profit from here in the future but for that we need to invest in good projects and if we invest then we will have a lot of loss and face many hurdles so we are good.  It is better to think and invest

[lvsca]

add your money in staking it will definitely be higher. do you not understand staking? Yes, I know that each platform has a different presentation but Binance has higher trust and security. It's only natural that the percentage is smaller than other platforms because it is more secure.

[Busayo10]

staking is a good one, it just depends on the APY, and the project you are invest in

[Fredomago]

It is best that we keep our own coins in our hard wallets. But there is no wrong when people are staking even on decentralized platforms like Binance for example. There are risks but if people knew that then it is fine. If it is extra money then a thousand dollars earning $95 for a year is very good enough. We're talking about returns in contrast with banks very low yearly interests on our savings.

Instead of bashing people that staked their coins, why not share to us better ways to earn more?

I don't trust exchanges with my money. I only stake on DeFi platforms like Alchemix or in wallet using POS cryptos like ICP and Celo.

You mean centralized exchange? Because a crypto exchange has a two type. One is centralized and the other is decentralized but I think defi platforms (decentralized) are very risky compared to a well known centralized exchange. Often times we can hear a news that this and that defi platforms are getting hacked and millions or billions of money are getting stolen just like that.

Although there are hack events too that are happening in a centralized platform but I think they aren't that often as defi's. That's because they hold more users so they have the funds to develop a better security system which can't be easily accessed by any hackers.

It is important to lean and understand the platform first before you engage and start investing your money, both services have their own risk and advantages, with knowledge upon, you can pick which one is best suited for your money, investing wisely with a potential passive profits can be executed when you already know what and how to sort and pick the best venue for investment.

Keep in mind that the actual concept of investment is to ear and to continue to grow with your financial capabilities.

Not all investors and traders are doing their research they are just following other successful investors, then failed.

[mulia sabee]

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

In bearish market we have right now, staking is the best to earn while holding up your tokens or coins in exchange of little effort or even doing nothing at all. If you don't have plans to sell these times, then you might wanna stake your tokens/coins to earn more from it. It all depends the APR you wanna stake into and also depends on what coins or tokens.

[Abiky]

It is important to lean and understand the platform first before you engage and start investing your money, both services have their own risk and advantages, with knowledge upon, you can pick which one is best suited for your money, investing wisely with a potential passive profits can be executed when you already know what and how to sort and pick the best venue for investment.

Keep in mind that the actual concept of investment is to ear and to continue to grow with your financial capabilities.

Not all investors and traders are doing their research they are just following other successful investors, then failed.

Most investors only pour money into PoS coins hoping they'll become rich in an instant. But that's not the way it works. Most PoS coins with high stake rates, become worthless over time due to high selling pressure. In other words, the higher the rewards, the higher the inflation rate will be. Coins with lower stake rates are proven to retain their value over time. But there's always the risk of loss because of the volatile nature of the crypto market.

You should only stake if you have money you can afford to lose. Otherwise, you'll risk yourself of losing everything in an instant. I think you're better off cashing out your crypto to Fiat or a stablecoin of your choice just to be safe. Just my thoughts

[Woodie]

Yes it does, think of staking as gaining extra from what you have and leaves you better than you were when you started. For example if you keep a $100 bill in your safe don't expect to find anything extra in it, but if you kept it in a fixed deposit account with a bank you gain an interest on it... which is the same concept staking is based on, only that it's mearnt for crypto.