Does staking even make any sense

[coinmanhere]

To be frank i have terrible experience with staking, like many are saying high returns but fail to mention that the platforms can just cut return anytime best example pancake few months back the return was like more than 50% now i haven't checked it but probably less than 2%(yeah yearly). On top of that pancake has lost value tremendously so yeah very very negative returns it might be good if you can wait for like several years.

I mean think it this way the money in bank probably won't get affected that much,like my example before when i was started with it has value of 20 dollar now for months it struggle to cross even $4 now consider the lost value and even if they give 50% return (which they are not)you will be still in loss.

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[Docnaster]

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 

It depends on how you see staking, staking is not an investment. You have to stake only the coins you want to save for a long time. This means that instead of saving it and leaving the coin stagnant, you can save and allow it grow to some percentages. If you understand staking from this perceptive, you will not have problems with any amount of percentage that will be giving you because it is higher than what bank will give.

[kryptocanon]

That's for USDT, and more of the reason you're not getting a higher and substantial return is that you're staking top coin. Why not try the same thing with a low market cap that has higher APY and be surprised by the kind of return you'll be getting.

[Jaered]

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?.

It does make sense. Why? Where can you invest a non-volatile token or coin and make about 10% in a year? You can make more staking volatile entities like bitcoin, ethereum but the profit may be eaten away by impermanent loss and you may actually be in the red at the end of a fiscal year. So yeah, stable staking or liquidity provision is the way the go if you want to profit in this bear market

[topman21]

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?.

Where you invest $1000 for a year and get only $95 it actually becomes very simple. But since Binance is an exercise that is very popular all over the world, it is the most popular here Staking more. Here your risk is very low. A trusted staking platform and exchange site.But I am sharing about an exchange side which has staking platform and gives 48 percent APR.But there is probably a three month or one year APR given here.If you stake 1000$ on this exchange staking platform, you get maximum 459$.But I am sharing the site with a screenshot so you can check it out.I don't know such details but it has come to my attention that you can verify the truth and falsehood.

[OgNasty]

A 9.5% return is pretty crazy high. Most of the invested money in the world is seeing dividends of less than 1/3 that. If you have lots of money and want a return, 9.5% is great. I fear that kids learning to invest in crypto are going to have some messed up expectations vs reality when it comes to real returns.

[rhodelmabanal]

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?.

Staking has a different way and it has a different profit if you locked or staked a big amount of asset in a short time it will only earn a small profit but if you locked it for more than 5 to 10 years you will surely get an amazing return, try it in a different stages of amount with a different time frame and observe staking is now very popular and many investors do staking than holding.

[bitterguy28]

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 choose Stable coin when there are other coins that is having a good staking offering for Binance? Am not sure what is your plans and Ideas but i found it not even when  stable coin specially USDT is not worth staking for.

and why not locked the amount for much longer time than just a year? because if that funds is just for long term and willing to risk then there is no issue in waiting more.

[BlackBaron]

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 do it in stablecoin surveillance like USDT very short change, can say hourly or daily can change, low profit count/usdt, but if in the amount of placement of $ 1000 you can get profits repeatedly in one month, not calculated per year.

Do the reconnaissance method you will get many times more profit than you get per year.

[Pamadar]

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 do it in stablecoin surveillance like USDT very short change, can say hourly or daily can change, low profit count/usdt, but if in the amount of placement of $ 1000 you can get profits repeatedly in one month, not calculated per year.

Do the reconnaissance method you will get many times more profit than you get per year.

You earn, but you need to spend more time to monitor and to make sure that you can go out before

your investment lose, it's more on how much time and how deep you can go to analyze the coin that you use for your
short-term trade.

Not really staking though, unlike with coins that accumulate staking rewards, but risk is also present since fluctuation
mostly affects the value of coins, but it's more on your understanding and determination to hold.

[Abiky]

A 9.5% return is pretty crazy high. Most of the invested money in the world is seeing dividends of less than 1/3 that. If you have lots of money and want a return, 9.5% is great. I fear that kids learning to invest in crypto are going to have some messed up expectations vs reality when it comes to real returns.

I'd be very careful investing into coins or "De-Fi" platforms which promise high returns. Terra/LUNA offered high returns to "stakers" of the TerraUSD stablecoin, only to fall all the way down the drain in an instant. Coins with low stake rates are better because their maintain their value over time. The lower the stake rate, the more stable the coin's price will be. This is no different than saying the higher the reward, the higher the risk of loss will be. Most people are greedy, so they wouldn't mind staking coins with high returns even if they could lose it all in an instant. Just my opinion

[Shasha80]

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 choose Stable coin when there are other coins that is having a good staking offering for Binance? Am not sure what is your plans and Ideas but i found it not even when  stable coin specially USDT is not worth staking for.

and why not locked the amount for much longer time than just a year? because if that funds is just for long term and willing to risk then there is no issue in waiting more.

It's true that stable coins like USDT are not a good choice for staking, I prefer staking other coins that can provide greater profits. But if we really want
to staking on stablecoins, we should not choose to staking on Binance, look for other platforms that offer higher interest rates. But we have to be careful
if staking on other platforms, make sure the platforms have a good reputation, so we won't lose our money. It must be admitted that it is very rare
for a trusted platform to offer high interest rates for staking, so if we feel that the profit generated from staking is unsatisfactory, it means that
staking is not something we should do. There are many other ways to make a profit in the crypto world, we just need to find information. What is
certain is that if there is a way that produces large profits, the risk is usually very high, very different from staking usually has a low risk.

[Tessyb]

Staking is basically for the rich with idle funds. The percentage may seem small but when computed against a more substantial amount, you'll find that the percentage is good, considering the fact that you don't need to do anything and your capital is intact. I know they are staking with higher percentage in terms of interest, but there could be higher risk attached as your capital could be compromised.

[Luffygroove]

People are used to thinking that everything in the crypto world will make them rich and fast lol. It's still a win compared to traditional finance IMHO try to compare it with depositing in your bank account. What most important is the innovation I think. Let this technology mature by itself, there are still many un-legit projects that try to shove staking to our throat let us be wise about this. I think it's still good that you got profits instead of being scammed. It's stablecoin anyway, it won't give you any extreme volatility.

[crunck]

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 choose Stable coin when there are other coins that is having a good staking offering for Binance? Am not sure what is your plans and Ideas but i found it not even when  stable coin specially USDT is not worth staking for.

and why not locked the amount for much longer time than just a year? because if that funds is just for long term and willing to risk then there is no issue in waiting more.

It's true that stable coins like USDT are not a good choice for staking, I prefer staking other coins that can provide greater profits. But if we really want
to staking on stablecoins, we should not choose to staking on Binance, look for other platforms that offer higher interest rates. But we have to be careful
if staking on other platforms, make sure the platforms have a good reputation, so we won't lose our money. It must be admitted that it is very rare
for a trusted platform to offer high interest rates for staking, so if we feel that the profit generated from staking is unsatisfactory, it means that
staking is not something we should do. There are many other ways to make a profit in the crypto world, we just need to find information. What is
certain is that if there is a way that produces large profits, the risk is usually very high, very different from staking usually has a low risk.

There is no better platform than binance, the ones that offer high interest rate, you have to accept higher risk. Staking USDT and with 9.5% interest is high and more than enough, in my opinion, if you stake other altcoins, they will give higher interest but can also make you lose more because you don't It is certain that those altcoins will increase in price over time.

[Devifajarina]

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?.

We also smile to see your style in carrying out investments, in fact you benefit from the investment, because you get a return of $95, but not as maximal as expected.
If USDT is not able to provide large returns, then it is best to try investing in other coins with more potential.
Especially nowadays, there are so many coins available in the market, if you are able to maximize some of the potential ones, then I am sure you will get a suitable return.

[bitcoin-shark]

the staking of stablecoins has very low api (in any case higher than traditional banks) but it is relatively safe the stable always have more or less the same value with other coins there are also very high percentages but there is a risk of devaluation so you have to do the staking / short-term loans and always follow the markets

[Inwestour]

It's true that stable coins like USDT are not a good choice for staking, I prefer staking other coins that can provide greater profits. But if we really want
to staking on stablecoins, we should not choose to staking on Binance, look for other platforms that offer higher interest rates. But we have to be careful
if staking on other platforms, make sure the platforms have a good reputation, so we won't lose our money. It must be admitted that it is very rare
for a trusted platform to offer high interest rates for staking, so if we feel that the profit generated from staking is unsatisfactory, it means that
staking is not something we should do. There are many other ways to make a profit in the crypto world, we just need to find information. What is
certain is that if there is a way that produces large profits, the risk is usually very high, very different from staking usually has a low risk.

The reputation of a platform in crypto is a relative thing, until recently Celsius was also considered a reliable platform with a good reputation, but as we can see, now people who have entrusted their money to this platform have big problems in order to return their investments. Staking is good, but is it worth the risk to your funds?

[Oneandpure]

It's true that stable coins like USDT are not a good choice for staking, I prefer staking other coins that can provide greater profits. But if we really want
to staking on stablecoins, we should not choose to staking on Binance, look for other platforms that offer higher interest rates. But we have to be careful
if staking on other platforms, make sure the platforms have a good reputation, so we won't lose our money. It must be admitted that it is very rare
for a trusted platform to offer high interest rates for staking, so if we feel that the profit generated from staking is unsatisfactory, it means that
staking is not something we should do. There are many other ways to make a profit in the crypto world, we just need to find information. What is
certain is that if there is a way that produces large profits, the risk is usually very high, very different from staking usually has a low risk.

Behind with USDT as stable coins is not good choose for staking but OP realistic with stable price without risk why keep staking using stable coins, all exchange market not really profitable when staking with stable coin and exactly true by choosing other altcoin for staking. I think OP have research with many kind of altcoin staking option price drop drastically before unlock staking ended.

Have many kinds of altcoin ability for staking price drop drastically, like AXS, BSW and SFUND, OP know all risk why choose USDT as stable coin for staking although he know with small APY reward. OP just want to keep away risk price drop drastically when staking with other altcoin can given higher APY than staking with USDT.

[iv4n]

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?.

Binance offers 10% APR returns on USDT and BUSD Savings . I don't think it is less profitable . coz a central bank of my country offers only 5% APR return and from them have 20% Government tax . 4% is actually available from there . here if i use 1000$ savings then i will get 40$ in a year . but Binance offers 95-100$ Yearly . so i think savings on Binance is not bad idea

Having some savings is generally a great idea! 10% on Binance is quite nice and pretty much safe... but crypto is full of opportunities, there are good staking places with higher APY that have proven to be very reliable in my experience! Of course, chasing for some higher returns is risky, but also can be very profitable, why do not try some of them? People should be open to new ideas, to feel free to test some things around, it's how we discover new opportunities. I like BSW for example, for a year it's going great... they have some nice staking options and for now, I didn't have any issues with staking, deposits, and withdrawals!