Does staking even make any sense

[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