Which coin is suitable and reliable for staking?

[asriloni]

Hello,
The Trust Wallet supporting following coins for staking:

• Polkadot (DOT)

• Solana (SOL)

• NativeEvmos (EVMOS)

• Osmosis (OSMO)

• Kava (KAVA)

• Cosmos (ATOM)

• Teraa Classic (LUNC)

• Tezos (XTZ)

• TRON (TRX)

• BNB (BNB)

• Cardano (ADA)

Those coins except LUNA were reliable coins to be staked. By the way, those coins were offering various APY but to be honest, volume must become the main concern here as when you were earning from what you staked and it must have good volume to make it stable. I have no problem with all of coins in the list except luna. We were also still at the bottom. The chance for you to get capital gain once bitcoin will be going back to break another ATH again is bigger now.

The NativeEvmos (EVMOS) staking reward is 97.09% and the Osmosis (OSMO) reward is 23.08%. Are these coins reliable?

Thank you.

Even though osmosis offers lower APY but it can sustain even longer as it has decent volume compared with EVMOS caused by EVMOS's volume is small.

[GreatArkansas]

For me, I will try to avoid too high returns with a small market cap.
Among the list, BNB is the high market cap and I can consider that the high market is the better or the safer but expect it to get low returns like APY or APR.
There are lot of scam altcoins that are just baiting their high APY/APR to lure some greedy people and will become scam which is really red flag.

[AakZaki]

of the several coins mentioned, my choices are only BNB, SOL and EVMOS. Seeing from the development of BNB which is quite good at the moment, which is able to survive the bear market, I believe BNB can reach its highest price again, maybe touching $ 1000. Meanwhile, EVMOS, which has high staking, can be a reliable coin because the new network is quite popular.
SOLANA is also a great coin, able to bounce back from a slump due to some issues regarding FTX, but is currently recovering.
Whatever coin is chosen, as an investor, you must really know the full specifications and must research whether the coin will provide benefits in the long term or not.

[pawanjain]

Whenever you have a list of options and you are confused which to invest in then just pick the top ranking ones and invest in all of them.
For example: from your list, pick 3-5 top ranking ones and invest in all of them and then start staking.
Diversification is the key when it comes to value investing. Diversification lowers the risk of liquidation and gives a better average return.

[savetheFORUM]

The Trust Wallet supporting following coins for staking:

• Polkadot (DOT)

• Solana (SOL)

• NativeEvmos (EVMOS)

• Osmosis (OSMO)

• Kava (KAVA)

• Cosmos (ATOM)

• Teraa Classic (LUNC)

• Tezos (XTZ)

• TRON (TRX)

• BNB (BNB)

• Cardano (ADA)

Ethereum? I can't believe that ethereum turned into proof of stake, literally staking method of going forward and you didn't even mention it, I get that others still look good, I am not saying that you have to pick ethereum over any other, you could pick these ones as well if you want to and nobody will say that it was a mistake, or maybe they would but you do not have to listen to them.

But why trust wallet does not support ethereum? That one is a bit weird, you don't have to pick it but you have to accept that it is one of the best options out there and should be at least in the consideration. I personally would pick ETH, and would name it the best, maybe that is why I am a little biased about it.

[Yatsan]

If it is reliable investment, then engage with stable coins of this industry but never expect for a huge profit. Bigger the risk, bigger the profit. On staking, the usual actions of investors are pulling their stake halfway because letting it stay will just put it into risk. Most of the token's market prices are unstable which adds risk factor basically. The market prices won't continuously increase in a consistent manner. The usual outcome of staking in most of the projects especially new ones, are sudden decline with the price after the end of staking period simply because investors are taking profit before moving to another one. Those who would be left behind will suffer from losses once the token is released to the masses.

[Zanab247]

Yes, they are reliable in long term investments and it will bring you a huge amount of profits that will make you to invest more in the future. Since their price is very low in this season and there is a hope that all those coins will surely increase higher for their investors to experience a positive results from their investments that will attract other people to make the coins their choice in the future.

[Lida93]

OP I can't vouch for any of these coins and how reliable they could be at any moment, it's crazy how people hurriedly give out suggestions on what coin will do well or have a bull run and yet they haven't made some significant profits in their own trading history having such technical know how and certainty. OP it would be better you observe for yourself and do a follow up on any coin of your interest and initiate your trade based on the outcome you're might be expecting as profit from when to when. All of these is just a simple calculation we can do for ourselves stead of relying on people's opinions leading you to more confusion.

[AmoreJaz]

OP I can't vouch for any of these coins and how reliable they could be at any moment, it's crazy how people hurriedly give out suggestions on what coin will do well or have a bull run and yet they haven't made some significant profits in their own trading history having such technical know how and certainty. OP it would be better you observe for yourself and do a follow up on any coin of your interest and initiate your trade based on the outcome you're might be expecting as profit from when to when. All of these is just a simple calculation we can do for ourselves stead of relying on people's opinions leading you to more confusion.

first and foremost, eliminate from your choices the terra luna classic, i don't think this is still worth your investments. based from the list, it is indeed hard to suggest any of those staking coins. much better if you streamline your options and start from there in searching about their current developments. assess its future potential in the market. do they have long term plans or they have the inclination to pump and dump and leave?