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Author Topic: Does staking even make any sense  (Read 8453 times)
blockman
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April 27, 2022, 11:29:57 PM
 #141

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.

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April 28, 2022, 05:23:13 PM
 #142

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 Smiley

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April 28, 2022, 05:27:02 PM
 #143

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.
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April 28, 2022, 06:24:52 PM
 #144

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.
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April 28, 2022, 08:14:05 PM
 #145


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.
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April 28, 2022, 10:00:13 PM
 #146

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.



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April 29, 2022, 08:57:05 PM
 #147


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.
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April 30, 2022, 06:44:02 PM
 #148


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.
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April 30, 2022, 07:02:47 PM
 #149

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.

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SAWACrypto
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May 01, 2022, 06:48:28 PM
 #150


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.
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May 01, 2022, 06:50:00 PM
 #151

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.

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May 01, 2022, 08:40:28 PM
 #152

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.

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May 01, 2022, 08:44:10 PM
 #153

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!

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May 01, 2022, 11:19:41 PM
 #154

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.
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May 02, 2022, 12:34:36 AM
 #155

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,

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May 02, 2022, 02:36:27 AM
 #156

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.

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May 02, 2022, 04:33:24 AM
 #157

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.

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Cadaver20
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May 02, 2022, 10:55:21 AM
 #158

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.

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RussianEnglishTranslation
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May 02, 2022, 12:31:31 PM
 #159

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
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May 02, 2022, 01:39:07 PM
 #160

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.


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