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Author Topic: Does staking even make any sense  (Read 8400 times)
Pamadar
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May 07, 2022, 05:49:08 PM
 #181

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.
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May 07, 2022, 06:14:08 PM
 #182

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May 07, 2022, 06:43:28 PM
 #183

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.

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May 08, 2022, 03:46:48 PM
 #184


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.
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May 08, 2022, 05:12:59 PM
 #185

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.
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May 09, 2022, 06:09:28 PM
 #186


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.
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May 09, 2022, 07:31:05 PM
 #187

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.

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May 10, 2022, 05:19:35 AM
 #188

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.

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May 10, 2022, 05:59:24 AM
 #189

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.
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May 10, 2022, 06:11:22 AM
 #190

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.

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May 10, 2022, 01:39:06 PM
 #191


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.
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May 11, 2022, 02:19:12 PM
 #192


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?  Huh
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June 25, 2022, 06:16:30 PM
 #193

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.

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June 25, 2022, 06:46:13 PM
 #194

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.
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June 25, 2022, 07:31:44 PM
 #195

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.
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June 25, 2022, 11:11:14 PM
 #196

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.

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June 26, 2022, 09:17:30 AM
 #197

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.



 

 

 

 

 

 


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June 26, 2022, 01:45:29 PM
 #198

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.

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June 26, 2022, 02:15:45 PM
 #199

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.

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June 26, 2022, 03:18:17 PM
 #200

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.

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