Does staking even make any sense

[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.