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Author Topic: Does staking even make any sense  (Read 8400 times)
cryptoserega
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April 21, 2022, 10:13:35 PM
 #121


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.
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April 21, 2022, 10:49:00 PM
 #122

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.
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April 22, 2022, 10:11:49 PM
 #123


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.
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April 24, 2022, 08:28:16 AM
 #124

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.

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April 24, 2022, 12:33:42 PM
 #125

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
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April 24, 2022, 07:33:03 PM
 #126


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.
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April 25, 2022, 11:08:02 PM
 #127


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.
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April 26, 2022, 10:21:57 PM
 #128


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.
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April 27, 2022, 05:57:01 AM
 #129

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.
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April 27, 2022, 08:35:04 AM
 #130

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.

R


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April 27, 2022, 03:39:52 PM
 #131

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

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April 27, 2022, 03:51:22 PM
 #132

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.



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April 27, 2022, 04:13:25 PM
 #133

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
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April 27, 2022, 06:13:18 PM
 #134

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.


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Koinal.io
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April 27, 2022, 06:16:04 PM
 #135


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.
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April 27, 2022, 09:01:16 PM
 #136

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!

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April 27, 2022, 09:15:37 PM
 #137

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.
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April 27, 2022, 10:22:42 PM
 #138

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.

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April 27, 2022, 10:48:36 PM
 #139

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.

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April 27, 2022, 11:27:10 PM
 #140

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.



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