Now it's time for staking

[MidNite36]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

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[n0ne]

When the market situation is no more a problem, it is time for you to accumulate as much possible. The focus is long term profiting, it is good to stake leading cryptocurrencies on the market. Now ethereum too have got into the list. This will bring good return in the long run. Whenever you prefer staking over holding, it is good to choose the right platform. According to be Binance exchange have provided with various staking features that give priority in different launch programs.

[dimonstration]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

You can only stake Bitcoin on centralized exchange because DeFi only accepts token native on there blockchain not unless you are open to use WBTC and other pegged Bitcoin tokens on different blockchain.

Binance is the CEX to stake both Bitcoin and USDT on there earn page. They have flexible or 30 days period staking that suitable to what you are looking for. Just don’t expect a high APR because you are using a less volatile coin unlike altcoins.

[cabron]

One that I know is Waves, they distributes earnings every month. Its not a top altcoin however but if you have a huge capital I think it will be worth recieving while you make money just by staking. Its far from SEC's scrutiny afaik.

ADA is a top altcoin. It sends out weekly. And just like Waves or EOS you don't need to deposit your coins out your wallet. EOS afaik is daily.

[Wapfika]

Beefy Finance is the most trusted and efficient DeFi that I know that supports multiple blockchain. They are offering flexible staking which means you don’t need to lock your tokens for a specific date to unstake it and you can earn reward every hour with auto compounding interest feature to maximize your profit. This yield optimizer offer the best APY in DeFi because they are using all the funds that they get on investing in different LP to gain interest.

Checkout: https://app.beefy.finance/

[samuraijin]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

If your goal is to invest long term at least take or buy BNB, if you think both are good, then please buy both because they both have pretty good value, but here I suggest buying BNB instead of XRP, this is just my opinion, it all depends and back to you..

[MidNite36]

When the market situation is no more a problem, it is time for you to accumulate as much possible. The focus is long term profiting, it is good to stake leading cryptocurrencies on the market. Now ethereum too have got into the list. This will bring good return in the long run. Whenever you prefer staking over holding, it is good to choose the right platform. According to be Binance exchange have provided with various staking features that give priority in different launch programs.

We both know that Ethereum staking is very high (32 ETH) I heard, I mean the requirement, I want something different from Ethereum, maybe I should probably check the list of available coins and tokens to stake on binance thank you.

[smartaction]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

You can stake your USDT on Binance Savings . you will get 8-10% APR interest from there. and your interest will added on your spot balance according APR bonus and here you can redeem your assets any time instantly . and it will give you high interest then your countrys central bank. so i will advice you to stake stable coin coz altcoin staking is high risky.

[avikz]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

There are multiple staking coins available in the market. However, I believe the most important staking coin is now ETH after the recent merge. There will be multiple staking pools available in a few days to start pool staking in ETH. I believe it's a great move and will help mass adoption of mining through staking.

If you want to stake bitcoin, I believe some defi protocols will allow you to do that. But please understand the risk there as it entirely depends on their business profitability. Otherwise they can simply go down just like what happened to Celcius.

[makishart]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

It's better to use exchange site. As far as i know that exchange site like binance was giving you a choice to take flexible staking. I think that's good place to earn staking from your bitcoin and stable token. that's also even safer compared with defi. There's guarantee with binance exchange site and you must not feel worry about that. think about before use defi. Defi was not so safe as centralized exchange site.

[AnonBitCoiner]

Staking is very good option in this market but always be careful with tokens you Stake. Some tokens give you best APY which looking very sweat but will it's end will be like Luna. I like to stack cosmos,Juno and CRO but there locking period after unstake is 15 days which is not good.

[o48o]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

At these rates if you don't own a huge pile of it, you'll be better off with just buying it more what ever you want to stake. Even if it was just small amounts it's probably way more profitable for you in the future even more so if you are in this for a long term. With small APY you need a huge pile of crypto to make that staking meaningful income, while if you own small stack you can buy like 5% more to your stack with small amount of money instantly.

[iv4n]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

At these rates if you don't own a huge pile of it, you'll be better off with just buying it more what ever you want to stake. Even if it was just small amounts it's probably way more profitable for you in the future even more so if you are in this for a long term. With small APY you need a huge pile of crypto to make that staking meaningful income, while if you own small stack you can buy like 5% more to your stack with small amount of money instantly.

Staking is fun even with some small amounts, profit is not big, but something is coming, and you grow some coin you like and believe in. Why not? It's better to put your coins at work than to just put them in some wallet... Small APY safer staking, higher APY more risky staking, I always advise to diversify, majority in small and with some amount try higher APY, without risk here and there there's no gain.

[blockman]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

Check out Binance, even if you don't like APY, they're calculating it like that if you're into it because they have still a flexible offer where you can pull it out whenever you want.
But the percentage will still be computed depending on how much it is for APY. You don't get it with APY because even you want a monthly percentage, they'll still have it calculate the way it is being offered for its APY.

[Balmain]

Now is a great time to buy altcoins and stake long term. You can invest in projects in the top 100 that give fixed compound interest and stakes per year. I suggest you take a look at layer 1 and developer focused projects like Flow, DOT and mina. I don't think it will hurt you much in the long run. For Bitcoin, you can stake on the centralized exchange, since the projects I mentioned are tier 1 projects, they provide this service decentralized in their own wallets.

[|MINER|]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

If you want stable fund with daily interest then you can choose Binance Saving it is more likely Fixable stacking where you can withdraw your fund in any time Now Binance savings giving 8% apy per USDT, BUSD. On the others hand you can also use Bitcoin , BNB , LTC ,ADA , Matic (except the new altcoins)for Binance Savings those are also fixable . On the others hand there is also others option defi-staking/locked is available in Binance. But In my opinion it is better to choose Binance savings for a secure fund holding in this current bearish situation.

[fiulpro]

Benefits of Staking:

1. You will help the network grow
2. You won't be able to back out that easily thus will have long term gains

Now this is very similar to an FD ofcourse thus if you are thinking of Staking, I would suggest coins like : SHIBA, BTC, ETH, ETH got a whole new 🆕 integration thus it can go (+) anytime and BTC is ofcourse the king thus people won't stop ever using it.

Some people have already provided options but, locking would work more with Altcoins.
You can monthly stake by locking in your local wallets as well, or you can also try lending for long term basis, more like loaning out.

Best of luck 🤞

[bitcampaign]

if you want to invest in the long term you can take it gradually and then staking for the long term year of course on the best and famous altcoins, I think XRP and BNB are also quite good choices, it never hurts to take the moment now when the market is bear

[BitDane]

There are staking platform that offers yearly APY calculation but gives hourly or daily staking and you can actually withdraw your funds anytime you wanted depending on the lock period which actually only lasted for some days or weeks.  The one good example is the staking platform of different swaps and like the one stated on the early replies.

[dothebeats]

You can only do these on centralized exchanges like Binance. I don't think there are a lot of alts that do that directly so your best bet is a trusted centralized exchange. The returns are good too, and you can even take it out from being staked in even less than a week - but expect that the returns will obviously be very low. If you want a decent amount of coins flowing through, you also need to stake more for the rewards to stack as well.

[topman21]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

I have bought BNB coins and started staking. However, I am sure that no matter how much the market is dumping, if the market is pumping, this BNB of mine will take a good position again.Many people may trade but I don't do that and I keep all my coins staking for a certain time I have no desire to make a lot of money trading but have some profit from staking But I am sure here.

[icalical]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

I don't think Binance give you calculation to stake monthly, they wills till offer you the APY but you have the freedom to take out your staking any time you want. And my advice it will be better if you also care about the market situation, if you do staking in the peak of the price, then you will only get loss your investment value even if you get the yield of your coin.

[eXtremal]

XRP and BNB are good to invest in any term but right now we are in a bear market of course they will also follow how the market trend goes. If we really want to determine BNB or XRP in the long term, at least we have to know the best support points in the old time frame. at least we will also hold it a few years to get maximum results.

[maydna]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

No one can know which coin will increase at the beginning of the month. We can only guess through the analysis and predictions we make so that both can be wrong later. If you want to stake BTC, USDT, or top altcoins, you can use Binance, where many people are also staking like you to get more coins. Apart from Binance, some markets provide this facility, and private wallets provide it. So you can research which one you want and think it is safe.

[kojektea]

In my opinion, the safest staking is on Binance Savings because this market has been trusted for a long time, of course with low interest rates but very safe for staking. If you have a large capital, it's the same as you make a bank deposit only based on crypto.
but if you choose XRP or other coins as long term it's also not a bad thing. we already know the potential of XRP is quite large for the future.

[GreatArkansas]

In my opinion, the safest staking is on Binance Savings because this market has been trusted for a long time, of course with low interest rates but very safe for staking. If you have a large capital, it's the same as you make a bank deposit only based on crypto.
(....)

Yes, but  Binance is considered as a centralized exchange in which you don't hold your keys, your money is in Binance's hands, on the other hand, the alternative is to use some decentralized finance platform where staking is available like Aave or Solend. But you still can't guarantee safety here.
OP must select a platform carefully and the asset that they will stake because the UST issue before on Luna could repeat again on other assets.

[Kadal Ijo]

There are staking platform that offers yearly APY calculation but gives hourly or daily staking and you can actually withdraw your funds anytime you wanted depending on the lock period which actually only lasted for some days or weeks.  The one good example is the staking platform of different swaps and like the one stated on the early replies.

Staking in the Dex Platform certainly gives a very high offer even some who give APY more than 100%, I have left staking in the pancakes because most coins in the pancakes are pump for a moment so that if we are staking then we can lose money.

[dansus021]

the flexible and low apy product is a lot on binance or other centralized exchange and there is bunch not just xrp, or you can stake on defi but according the altcoin hype cycle September is be the lowest point and this basically a fire sale to sale in October or january

[o48o]

Staking is fun even with some small amounts, profit is not big, but something is coming, and you grow some coin you like and believe in. Why not? It's better to put your coins at work than to just put them in some wallet...

Sure, if you don't mind all your coins/tokes will be stuck in cex that that you have to trust for a month or how ever long that staking period is. If you think that risk is worth that tiny amount of tokens you will get then sure, that's the way to go. But with small amounts staking, you get way more with a VERY small price now then you could ever stake in your lifetime.

Small APY safer staking, higher APY more risky staking, I always advise to diversify, majority in small and with some amount try higher APY, without risk here and there there's no gain.

What risk are you talking about in here and what kind of staking?

[LastKiss]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

I remember there's some site that gives you daily returns and you can withdraw your profit anytime. I used that site last year until around one year and I'm really satisfied with what I get. Now I focused on looking at altcoins to invest in this bear market. maybe I will go staking again next time when I don't have a lot of time to watch the market.

[Xal0lex]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

This is not a time for staking, but for investing and reinvesting. There is no point in staking stablecoins when there are plenty of good altcoins on the market at good prices, which in the long run will yield much more profit than staking. Although you can use this method for diversification, it's not very profitable to prioritize it in the long run. Staking BTC is not worth the interest you exchange for the risks associated with depositing funds into staking pools, it is better to keep such assets in a wallet.

[dwminer1]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

I believe bear market is a good time to staking and accumulate cryptocurrencies in all possible ways. There are many cryptocurrencies on the market that offer the possibility of staking. Worth a look here: https://www.stakingrewards.com/
Binance also offers many possibilities: https://www.binance.com/en/staking
In this case, however, you have to remember about the risk of keeping funds on the exchange.

[asriloni]

The bear market doesn't mean we have to just monitor the market, it's our opportunity to buy our favorite coins to make a profit when the bull market comes. instead of having to keep coins stable, it's better to buy the coins we want when we are at the strongest support, what we have to prepare is patience in dealing with the bear market.

Some people prefer to avoid the volatility in the market and then they can use staking stable token as their passive income. Even if the APY was so small but at least they can earn some bucks in monthly basis rather than lose due to the volatility in the market.
I think that picking stable token to get the passive income was not so bat at all. We must always consider that was as our opportunity to earn during the bearish market like this.

[globalpain]

I think Staking during a bear market is very risky, especially if you are staking when the coin is still expensive and dumps up to -70%,
I think staking will be a waste, I prefer the average down way, because it can increase coins, and it's safer than staking,
everyone has an opinion, So do what you think you like 

[Crypt0Gore]

Stake coins that you are willing to hold for the long term only and mind you, this is still a very risky strategy, the altcoin can drop in value and you won't be able to sell and take profit while staking is on, I think the best bet is using stable coin to stake, BUSD or USDT are the best.

[DeathAngel]

Dude, now is really not the time for staking. It’s such a massive risk for relatively low reward (versus the risk of leaving your crypto in somebody else’s control.

Seriously just DCA during this bear market & the profits you’ll get in the next bull market will far outweigh whatever pittance in comparison, you can get from staking.

[bitcoin-shark]

At the present time, given the fluctuating trend of the markets, it is advisable to stake stablecoins and obviously eth 2.0

[GeorgeJohn]

if you want to invest in the long term you can take it gradually and then staking for the long term year of course on the best and famous altcoins, I think XRP and BNB are also quite good choices, it never hurts to take the moment now when the market is bear

Staking of a coin, it's good to know the coin potentiality before some venture into staking, as you portray it's quite right, should Incase a newbie want to venture into long term investment via bitcoin, i believe that long term investment needs a coins that have value so that it won't varnish on the process of investment. We have so many altcoins that are made of good values.

[Luqman]

In my opinion, staking is quite worthy if done during this bearish market. Moreover, if we want to hold the coins for more months or years in order to prepare them once for the bullish era.
But, please remember that we must be also careful to choose the platform for staking. If I want to stake, I will consider these:
- Reputable and trusted platform
- COin for staking (must be promising for the future)
- How long to staking
- How much APY or profits to get from staking. Is it worthy?

[Hypnosis00]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

Just do what you are preferred to do. Because staking will really matter the coin we choose, exchanges, and of course, terms of staking. I've tried flexible terms where I can withdraw my funds anytime but the reward is just small compared to long-term staking. But what I see, the risk is too high considering that we have no control over it once deposited for staking. And if we fail to choose the trusted platform, I was afraid of not having it back - scammed.
I'll suggest taking a flexible option even if the APY is quiet low at least you can move or diversify your coins just in case.

[Rengga Jati]

Previously, I also really wanted to do staking in a certain platform that is trusted and reputable in order to keep my assets secured.
But, after checking the staking programs, with the amount that I have, I can to do staking and prefer to let my assets be in my personal wallet. Why? Because the result of staking is not as high as I expect 
The common APY is quite small although with a longer time for investment. That is probably because my amount is only small enough so this is not worhty.
But if you find a trusted platform that pays higher and you have some big amounts, you may try it, as long as you are also willing to use the assets for investment. But onc emore, be careul and wiser to do this decision, at least you ahve analysied and calculated th staking process and results.

[Scripture]

Previously, I also really wanted to do staking in a certain platform that is trusted and reputable in order to keep my assets secured.
But, after checking the staking programs, with the amount that I have, I can to do staking and prefer to let my assets be in my personal wallet. Why? Because the result of staking is not as high as I expect  
The common APY is quite small although with a longer time for investment. That is probably because my amount is only small enough so this is not worhty.
But if you find a trusted platform that pays higher and you have some big amounts, you may try it, as long as you are also willing to use the assets for investment. But onc emore, be careul and wiser to do this decision, at least you ahve analysied and calculated th staking process and results.

Profit in staking will always depend on how much you invest, most of the time $1000 is not even enough for you to get a $100 profit in staking, that only means this is not that profitable if you are just a small time investor. Some site already shows the possible profit that you can get, if it’s not ok with you then better not to proceed. I still prefer to invest on my own and trade on my own, by this you can make real money here even if you have a small capital.

[abel1337]

Previously, I also really wanted to do staking in a certain platform that is trusted and reputable in order to keep my assets secured.
But, after checking the staking programs, with the amount that I have, I can to do staking and prefer to let my assets be in my personal wallet. Why? Because the result of staking is not as high as I expect  
The common APY is quite small although with a longer time for investment. That is probably because my amount is only small enough so this is not worhty.
But if you find a trusted platform that pays higher and you have some big amounts, you may try it, as long as you are also willing to use the assets for investment. But onc emore, be careul and wiser to do this decision, at least you ahve analysied and calculated th staking process and results.

Profit in staking will always depend on how much you invest, most of the time $1000 is not even enough for you to get a $100 profit in staking, that only means this is not that profitable if you are just a small time investor. Some site already shows the possible profit that you can get, if it’s not ok with you then better not to proceed. I still prefer to invest on my own and trade on my own, by this you can make real money here even if you have a small capital.

That's true, Staking a small amount won't give you too much value in return though it's still profitable compared to letting your money sit on the banks. Staking is a passive way to earn money and I don't feel so bad about the APY of the most reputated staking platforms given that they will make sure that your staked asset is safe and will increase it's value over the time.

[wxa7115]

Previously, I also really wanted to do staking in a certain platform that is trusted and reputable in order to keep my assets secured.
But, after checking the staking programs, with the amount that I have, I can to do staking and prefer to let my assets be in my personal wallet. Why? Because the result of staking is not as high as I expect  
The common APY is quite small although with a longer time for investment. That is probably because my amount is only small enough so this is not worhty.
But if you find a trusted platform that pays higher and you have some big amounts, you may try it, as long as you are also willing to use the assets for investment. But onc emore, be careul and wiser to do this decision, at least you ahve analysied and calculated th staking process and results.

Profit in staking will always depend on how much you invest, most of the time $1000 is not even enough for you to get a $100 profit in staking, that only means this is not that profitable if you are just a small time investor. Some site already shows the possible profit that you can get, if it’s not ok with you then better not to proceed. I still prefer to invest on my own and trade on my own, by this you can make real money here even if you have a small capital.

For those which can trade the markets staking is something which does not make a lot of sense, staking requires a lot of money so you can obtain some good profits, but if you are a good trader most of the time you will be able to outperform the results you get with staking.

So staking for a trader would only make sense if for some reason he was tired of trading or he was going through a time in which he did not had the time to trade the markets, and receiving a passive income was the best they could do at the time.

[Humility4sure]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

When it comes to staking of tokens like usdt, I would advise you use a credible and reliable platform. There are platforms that give very high returns but they pose a huge risk considering the fact that you're in for long term. Binance has shown over the years to be a credible exchange and I'll prefer you use a platform of that nature as they have very flexible duration ranging from daily to monthly, bi- monthly, and quarterly.

[LogitechMouse]

Currently staking ADA and CRO right now and I have no regrets in buying it at all especially Cardano.

Correct me but you can only stake BTC in some centralized exchanges and the same goes with USDT. There are some top altcoins who has their own wallet where you can still stake your coins there like Cardano who has Yoroi and Daedalus which is their own wallets.

Earning monthly thru staking? I think Binance are offering flexible staking where you can pick how many days are you willing to stake your coins but don't expect that you will earn high profits from it because most of the coins out there are giving less than 10% annually and some gives less than 5% annually.

[justdimin]

Dude, now is really not the time for staking. It’s such a massive risk for relatively low reward (versus the risk of leaving your crypto in somebody else’s control.

Seriously just DCA during this bear market & the profits you’ll get in the next bull market will far outweigh whatever pittance in comparison, you can get from staking.

You do not just make money by staking ETH, you make it by holding ETH as well, and if you are going to hold it, might as well stake it as well because why say no to extra money? At the end of the day the hype came and go, people bought a lot of ETH while waiting for the merger and after it didn't skyrocketed they sold their ETH and price may have taken a little bit of hit but we have seen lower prices just recently so this is mild.

At the same time, we will have staking and people buying more to make more, that means the price will go on higher and that is why you should have some ETH, not just so you can stake it, but because the price of ETH will recover, like I said, if you do then staking it just extra bonus on top of that.

[poonam8288]

I am always choose this option stake. I think it is very cool. No tension, no headache nothing. Just choose wisely and you have a income in your pocket. Just wait and pick up right project with long term goal and planning. One more thing choose right platform.

[BuNga_cute]

Previously, I also really wanted to do staking in a certain platform that is trusted and reputable in order to keep my assets secured.
But, after checking the staking programs, with the amount that I have, I can to do staking and prefer to let my assets be in my personal wallet. Why? Because the result of staking is not as high as I expect  
The common APY is quite small although with a longer time for investment. That is probably because my amount is only small enough so this is not worhty.
But if you find a trusted platform that pays higher and you have some big amounts, you may try it, as long as you are also willing to use the assets for investment. But onc emore, be careul and wiser to do this decision, at least you ahve analysied and calculated th staking process and results.

Profit in staking will always depend on how much you invest, most of the time $1000 is not even enough for you to get a $100 profit in staking, that only means this is not that profitable if you are just a small time investor. Some site already shows the possible profit that you can get, if it’s not ok with you then better not to proceed. I still prefer to invest on my own and trade on my own, by this you can make real money here even if you have a small capital.

For those which can trade the markets staking is something which does not make a lot of sense, staking requires a lot of money so you can obtain some good profits, but if you are a good trader most of the time you will be able to outperform the results you get with staking.

So staking for a trader would only make sense if for some reason he was tired of trading or he was going through a time in which he did not had the time to trade the markets, and receiving a passive income was the best they could do at the time.

Of course we must have a large capital if we want to get a big profit from staking. Because as we know, most of the platforms where we stake
only offer relatively small interest. If we find a platform that offers high interest for staking, it is most likely that the platform is committing fraud.
Staking does have a lower risk than trading, but we must make sure we choose platforms with a good reputation. But when compared to trading,
trading offers a much bigger profit than staking. Therefore, people who have good research and analysis skills usually prefer trading over staking.
But if there are people who just want to generate passive income with low risk, staking is the right choice. Instead of investing in bank products
where the profit offered is lower, indeed it is better to prefer staking crypto because it is much profitable.

[adzino]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

You can't stake BTC because bitcoin using proof of work, not other consensus that allows you to stake your coins. And you can't also stake USDT because you can't generate or mint your own coins.

Exchange allows you to "stake" btc or usdt, but you aren't staking anything. You are only giving them your coins so they can use it to make profit and share the profits with you. And I don't think you understand what "APY" means. Google it and try to learn things.

[Bitcoin2009]

After I have problems with metamask then i won't staking on dex or sites that ask for private key to connect, i prefer staking on spot exchanges because it is more secure even though APY is very small compared to DEX platform.

[RussianEnglishTranslation]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

It's not just about staking or lending your cryptos to gain a profit, you also have to consider the method and the level of risk. Lending your BTC on Celsius for example would be high risk. Staking ICP in your wallet would be high reward and very low risk. Do your research and be careful!

[merekamo]

If you are holding your altcoins in a wallet where you can stake them, there is no promise that they will bring in enough income to offset the fees of transferring into, and out of exchanges.

The biggest thing is to remember that investing in cryptocurrencies is risky! You could end up losing everything. There's no way to predict with accuracy what the price of altcoins will be in the future.

You must analize, and choose coins to invest in coins you believe. I prefer invest like Ethereum or BTC.

[SirLancelot]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

You can't stake BTC because bitcoin using proof of work, not other consensus that allows you to stake your coins. And you can't also stake USDT because you can't generate or mint your own coins.

Exchange allows you to "stake" btc or usdt, but you aren't staking anything. You are only giving them your coins so they can use it to make profit and share the profits with you. And I don't think you understand what "APY" means. Google it and try to learn things.

I mean you can "stake" bitcoin as in the sense that you are putting up against something to make money, it is not naturally there but you are basically helping other people by putting up your btc and earning thanks to that.

A good example would be liquidity providing for example, you could provide liquidity with maybe wrapped btc on eth network, but it is still btc, and you can pair it with usdt or something, I am sure that duo must be good, and when people trade within, you are earning a small amount from each one of those, and that means over course of a whole year you would earn a  decent return. This is just an example, there are few other ways. It is not there by default, but could be done.

[maydna]

After I have problems with metamask then i won't staking on dex or sites that ask for private key to connect, i prefer staking on spot exchanges because it is more secure even though APY is very small compared to DEX platform.

Yes, it can be used as good advice for those who want to generate some rewards. And even if the reward is small, at least they can hope that the price of the coin will increase further while they have managed to collect a decent reward. Binance would be a great place to start as there is a large selection of coins they can stake out. In addition, there are many timeframes for them to choose from so they don't have to do anything and just wait for the rewards to accumulate.

[coinerer]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

Staking is not a good idea but if you a hard holder then staking can help you to increase your some token amount. like if you buy bitcoin or any others coins and you want to hold that token for long time then you can stake your coins. if you stake then you will get some token as bonus. so it is a good site but when you will stake your coins then that coin will not in your control so it is bad site and it is soo risky

[wxa7115]

Famz is there anyway someone can early month staking a altcoin? I don't want the yearly ones APY right? I want monthly and also I will like or prefer to stake BTC or USDT or any top altcoins like XRP or BNB just to be on the safer side, the year we are in a bear market but I am in for the long term so I really don't care about market situation.

Staking is not a good idea but if you a hard holder then staking can help you to increase your some token amount. like if you buy bitcoin or any others coins and you want to hold that token for long time then you can stake your coins. if you stake then you will get some token as bonus. so it is a good site but when you will stake your coins then that coin will not in your control so it is bad site and it is soo risky

If you are a long term holder I do not think it is the best idea to stake your coins, after all the money you get by staking your coins is not really that high and you can get way more by simply holding and wait for the bull market.

Now you may argue that you may get more by staking and doing nothing since you are also holding, and that is true, however you will need to relinquish control of your coins and for a long term holder this is not something that I think will be acceptable.

[Humanoslib.com]

What would you do if they did not return the coins.There is nothing you could do
I prefer to just park and forget- hardware wallet

[Ziskinberg]

Staking on binance is the safest in my opinion, investing in DeFi stable coins doesn't guarantee it can continue like Terra USD, they even break even though they are stable coins which are quite famous as DeFI stable coins which are also in the top 10 as the main coin LUNA. Since then I've had less faith in coin stable DeFi.

Might say it was the safest among all exchanges but not literally we say it was totally safe as we know our coins are in their hands, they are in control of it.
Terra Luna? Sorry, are you still thinking that this project will give a fortune? No, I hope you are aware of its situation and so you have an idea to what really happened to this project. If you are thinking about staking this project, I suggest you to take another coin/s that is/are more potential than this shitcoin.

[FanEagle]

If you are a long term holder I do not think it is the best idea to stake your coins, after all the money you get by staking your coins is not really that high and you can get way more by simply holding and wait for the bull market.

Now you may argue that you may get more by staking and doing nothing since you are also holding, and that is true, however you will need to relinquish control of your coins and for a long term holder this is not something that I think will be acceptable.

I do not think that you need to relinquish your ownership to someone else, do you? I mean when you are staking, it’s still your money and that means you still have the ownership of your coins and you can do whatever you want with them. At any moment that you do not want to continue staking, you could simply just dissolve it and then get your coins back and spend them as you wish, either cash it to fiat or pay someone or whatever you want with it.

This is at least how it is when we are talking about ETH, in cases like stablecoin staking at binance that could be different because you are giving the control of it to binance, but you can still technically do whatever you want with it, it’s still yours.