Best current microcap coins to stake to earn BTC/DOGE

[paramind22]

What are the best current microcap coins to stake to earn BTC/DOGE?

These are highest profit coins also but also provide a high risk.

[Bitcoin_Arena]

These are highest profit coins also but also provide a high risk.

What exactly is the point?

Just buy BTC or Doge, Hodl and keep calm until the right time to sell for profits. Is that too much to ask? 

You are going to end up buying a shitcoin that has no future, you will try to stake it and, before you even get 20% ROI, shitcoin collapses towards zero. Guess who will have made a big L.

[sheenshane]

What are the best current microcap coins to stake to earn BTC/DOGE?

These are highest profit coins also but also provide a high risk.

You've already mentioned that it's a high risk which seems like you gamble your money in staking, especially microcap coins, which can be highly risky.  It's important to do your own research and consult with a financial advisor before making any investment decisions.  Not asking here in the forum.

The comment above was right, buy Bitcoin or Dogecoin and hold it for a long run with your desire profit, that's a wise decision than staking which you didn't have control over your coin.

[KennyR]

The thread is being created on altcoins discussion. Upon the same I believe OP is trying to say buy dogecoin. It can be preferred for long term investment. The market being manipulative by influencers, holding it for long term is the wise choice. Dogecoin being predicted to get its use case on Twitter. Maybe such things might be under development and unexpected launch could boost the price.

Dogecoin is one among the best to invest among the low price altcoins. Also for users who have the ability to hold, it assure with good return. This is just my belief and not a suggestion on investment.

[paramind22]

These are highest profit coins also but also provide a high risk.

What exactly is the point?

Just buy BTC or Doge, Hodl and keep calm until the right time to sell for profits. Is that too much to ask? 

The point is you get stakes in return.  Yes, they are risky.  This thread was to see who is doing them and what they are doing.
Think about it, you are accumulating DOGE/BTC while others are just hodl'ing theres.  Both of your coins go up at the same time.

Who wins?

I guess it takes more effort and the idle don't like that, do they?  =) 

(not offended, responding in the same tone, don't take offense).

Microcaps are for the birds, though, I should have said Midcap, like Tron, etc.  -- stuff at stakingrewards.com

[Apocollapse]

The point is you get stakes in return.  Yes, they are risky.  This thread was to see who is doing them and what they are doing.
Think about it, you are accumulating DOGE/BTC while others are just hodl'ing theres.  Both of your coins go up at the same time.

Who wins?

The others aren't just holding their old coins, but they're trying to find a better jobs with better payment, so they will accumulating every DOGE/BTC for every month. There's no risk if you accumulating DOGE/BTC and transfer it to your hardware walllet, while the one e.g. you trying to find a shitcoin to stake to accumulate more DOGE/BTC but you will need to accept higher risk of losing money.

Who wins? people who have better jobs and hold their coins on hardware wallet.

[Coyster]

Rather than staking coins to earn Bitcoins, i'd just outrightly buy Bitcoins and hodl them myself; staking rewards always seems attractive to validators, but sometimes they forget the risks involved in it, for someone who buys Bitcoin and hodls it, they'll have to only be concerned about the volatility risk (which isn't really a risk per se), but Bitcoin is a long term sustainable project, thus if the investor is in for the long term, they'll definitely accrue ROI.

Having said that, whilst staking altcoins to earn BTC is far more risky because you have to bear the risks associated with the altcoin you want to stake, risks such as a complete failure of the coin, excessive volatility and maybe even liquidity issues. You'd also have to bear the risks of the staking platform, either a centralized exchange/DeFi platform, any of them can stop operation at anytime. You'd then have to bear the normal risks of the coin(s) you want to earn through staking. The risks of staking far outweighs just buying the coins outrightly.

[livingfree]

What are the best current microcap coins to stake to earn BTC/DOGE?

These are highest profit coins also but also provide a high risk.

I don't know such but you're aware that most of those that will give you decent profits for staking are also high in risk.

Usually in staking, those that will give you profit in bitcoin upon staking, they're from centralized platforms. I don't do this but I think most people are doing it in platforms as I've mentioned which are centralized like Binance.

Microcaps are for the birds, though, I should have said Midcap, like Tron, etc.  -- stuff at stakingrewards.com

Well, there you go, check anything that's listed there.

[paramind22]

I would never stake on centralized platforms.

Another benefit is that you keep the coins yourself on your own wallet. 

[swogerino]

I think it depends but a coin which is known through all miners and is being mined widely now is Zilliqa and you can stake this in different places I think but personally I keep staking like 1000-2000 of such coins every month through Atomic Wallet and this very wallet offers the chance to convert these earned coins to any coin you like because is a multi currency crypto wallet.I think what you are asking and needing is something similar in these lines I am describing here.Of course there are other choices but you wanted a coin that has not a lot of market cap and this is one.

[livingfree]

I would never stake on centralized platforms.

Another benefit is that you keep the coins yourself on your own wallet. 

If so, then check all of those wallets that are providing private keys and see if there's one that fits your staking needs.

You've already given the website where you can see most of the rewards, wallets and platforms where you can do it. Another way is to go through with several coins in listing sites like coinmarketcap to see how much they've got and manually check if they're being supported in wallets for staking.

[Xal0lex]

What are the best current microcap coins to stake to earn BTC/DOGE?

These are highest profit coins also but also provide a high risk.

Staking micro-cap coins is almost a waste of time. There are several reasons for this. First, such coins often change staking terms because they don't have as much liquidity for all stakers, and second, such coins very often drop in value and staking doesn't generate any income because the price has become much lower than it was at the time of staking. Only staking projects that have great liquidity in the market and good fundamentals should be stacked.

[paramind22]

You can sure waste a lot of time, not so much money.  If you get in at the right time, the coins are cheap and you can download enough to your own computer/wallet to get a lot of stakes.  Some have stayed alive for about ten years but many others have just about died this year, having been alive for 5 or more years.

[Apocollapse]

I would never stake on centralized platforms.

Another benefit is that you keep the coins yourself on your own wallet. 

There's no such thing, staking always have a relation with locking up your token in certain period and there's a risk of the smart contract, validators, or pools failure.

You can sure waste a lot of time, not so much money.  If you get in at the right time, the coins are cheap and you can download enough to your own computer/wallet to get a lot of stakes.  Some have stayed alive for about ten years but many others have just about died this year, having been alive for 5 or more years.

After all you're gambling because you need to know when the right time to get out and sell your coins before it's become dead, the thing is we don't know when the right timing. Pretty much similar buy so called Decentralized Finance coin and stake it to earn huge amount yield platform, but most of the coins become worthless.

[paramind22]

I would never stake on centralized platforms.

Another benefit is that you keep the coins yourself on your own wallet. 

There's no such thing, staking always have a relation with locking up your token in certain period and there's a risk of the smart contract, validators, or pools failure.

You really don't know much about staking, do you?  You know nothing about proof of stake wallets?

[el kaka22]

I would say you could always take risks and be happier about that instead of being "idle" and that's understandable if that is your character. However, people who invested into just bitcoin and ethereum made a ton more money on average than the people who invested into microcap shitcoins. Sure there are some people who made 100x from them as well, a few, not a lot, but when you calculate the fact that tens of thousands of people lost all their money on many microcaps, it shows you that it's not a good idea at all, and could cause you to lose more than someone who invested into bitcoin.

The risk that you take is just not worth it, would you risk a million dollars for a 1% chance to make a dollar? No? Then this doesn't worth it neither.

[Captain Corporate]

The thing about people who insist that there is a way to make money and they are going to do it anyway, is the fact that no matter what you tell them, they will find a way to refute your suggestions and will focus on their own methods. We have talked enough about the whole "you would be taking too much risk, don't do it" and yet OP doesn't care, so let him make his own mistakes, he will invest and he will lose money and eventually when he wants to do something else, he will definitely care about warnings, because next time he will know that people are not warning for nothing.

[Apocollapse]

You really don't know much about staking, do you?  You know nothing about proof of stake wallets?

I know and understand about staking, I know there few wallets are offering staking without need to move your token and that's why I wrote "validators error" because if you read the terms of service about the wallet or staking, you will find it.

Anyway just take look with every users replies in your thread, they're against of staking and choose to hold in their own non custodial wallet which is the good choice. After all nothing can control your decision, but don't cry if your staked token's gone due to hacked.

[FanEagle]

I understand the need to do something like this because it sounds good enough, and it is definitely looking very profitable if you can do it, but when it comes to actually executing it, you will realize that not many are there for 5+ years.

You will see 1000 of them launch, and 1-2 of them go that long, which means you have a 0.1% chance of success, would you really want to take that chance? I wouldn't, I get that you want to take on a bigger risk and I congratulate you for that, but I find it useless. Just buy bitcoin and ethereum and if you want to keep some in stablecoins then get busd, put it all on binance, and earn a small amount with their staking, good enough for me.

[jaberwock]

The thing about people who insist that there is a way to make money and they are going to do it anyway, is the fact that no matter what you tell them, they will find a way to refute your suggestions and will focus on their own methods. We have talked enough about the whole "you would be taking too much risk, don't do it" and yet OP doesn't care, so let him make his own mistakes, he will invest and he will lose money and eventually when he wants to do something else, he will definitely care about warnings, because next time he will know that people are not warning for nothing.

I guess that it is not going to be easy to convince people, but we can't just stop and ignore their problems neither. This is an issue and they shouldn't do it and we are responsible for trying to help them. If you know what you know, and you do not help them, and they lose money, that means you didn't do what you should do and a bit at fault. Of course they could ignore you, that's okay and if they do ignore you and lose money anyway then you did all you could and they did it anyway, that means you are clean and should be feeling fine, but not even trying to help is wrong.

My own suggestion is to stay away from any microcap that promises this, don't do it, but if anyone does, don't say I didn't warn you when you lose all your money.