Staking really great way in crypto wealth

[tvplus006]

...Another thing is to look for a trusted platform to stake your coins or better not stake at all since the risk is a bit high than the reward.

Yes, everyone should remember this before sending their coins, since the risk of losing them is very high. I'll give you an example today: the Multichain team was arrested by the Chinese police, seizing assets worth $1.5 billion. I doubt that this cryptocurrency will be returned to its rightful owners. In addition, the team stole $2.5 million worth of cryptocurrency, sending it to the Gate exchange. Obviously, someone will never see their money again.

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[Hamphser]

...Another thing is to look for a trusted platform to stake your coins or better not stake at all since the risk is a bit high than the reward.

Yes, everyone should remember this before sending their coins, since the risk of losing them is very high. I'll give you an example today: the Multichain team was arrested by the Chinese police, seizing assets worth $1.5 billion. I doubt that this cryptocurrency will be returned to its rightful owners. In addition, the team stole $2.5 million worth of cryptocurrency, sending it to the Gate exchange. Obviously, someone will never see their money again.

This is why im not really that confident on staking up my coins, not only just earning that small APY but the risks involved or something we do speak about ratio is never been worth and this is why its better that i

dont not earn more coins as long im much assure that my coins are totally safe in my own wallet which i do possess the keys.Usually people would be staking to  earn more which it isnt really that bad
specially if you do really believe on a project would be lasting that long or does have potential but those validators are really just having the potential on becoming shit and mess up everything.
In result? You would really be ending up on waiting for some investigation result or whatever cases would really be needing to be solved out first before you could
really able to held your funds once again.If you could bare up with the risks then its your choice.

[DoublerHunter]

...Another thing is to look for a trusted platform to stake your coins or better not stake at all since the risk is a bit high than the reward.

Yes, everyone should remember this before sending their coins, since the risk of losing them is very high. I'll give you an example today: the Multichain team was arrested by the Chinese police, seizing assets worth $1.5 billion. I doubt that this cryptocurrency will be returned to its rightful owners. In addition, the team stole $2.5 million worth of cryptocurrency, sending it to the Gate exchange. Obviously, someone will never see their money again.

^That is a big question before planning to stake our crypto, which is a good platform to entrust our valuable assets?
Because staking involves locking up your coins for a specific period, and while you may earn rewards for doing so, there is always the possibility of losing your staked coins if the platform encounters issues or faces security breaches.
If you find the risk-to-reward ratio unfavorable or if you are uncomfortable with the potential risks, it may be better to refrain from staking altogether. Instead, you can explore other investment options within the cryptocurrency market that can manage your risk and investment goals.

[tvplus006]

...Another thing is to look for a trusted platform to stake your coins or better not stake at all since the risk is a bit high than the reward.

Yes, everyone should remember this before sending their coins, since the risk of losing them is very high. I'll give you an example today: the Multichain team was arrested by the Chinese police, seizing assets worth $1.5 billion. I doubt that this cryptocurrency will be returned to its rightful owners. In addition, the team stole $2.5 million worth of cryptocurrency, sending it to the Gate exchange. Obviously, someone will never see their money again.

This is why im not really that confident on staking up my coins, not only just earning that small APY but the risks involved or something we do speak about ratio is never been worth and this is why its better that i

dont not earn more coins as long im much assure that my coins are totally safe in my own wallet which i do possess the keys.Usually people would be staking to  earn more which it isnt really that bad
specially if you do really believe on a project would be lasting that long or does have potential but those validators are really just having the potential on becoming shit and mess up everything.
In result? You would really be ending up on waiting for some investigation result or whatever cases would really be needing to be solved out first before you could
really able to held your funds once again.If you could bare up with the risks then its your choice.

It is up to everyone to decide whether or not to place coins on staking, but saving their money is the responsibility of every investor. And as practice shows, it is better to lose a profit than to lose your money. But if the desire to get a profit still remains, then you need to carefully choose a platform for staking.

[Altryist]

That is a big question before planning to stake our crypto, which is a good platform to entrust our valuable assets?
Because staking involves locking up your coins for a specific period, and while you may earn rewards for doing so, there is always the possibility of losing your staked coins if the platform encounters issues or faces security breaches.
If you find the risk-to-reward ratio unfavorable or if you are uncomfortable with the potential risks, it may be better to refrain from staking altogether. Instead, you can explore other investment options within the cryptocurrency market that can manage your risk and investment goals.

I don't like staking because in some cases it requires my coins to be locked up for a while, which makes it impossible for me to sell them in case of a good pump. After almost every big pump, the price returns to the previous values and if you can sell on the pump and buy back when the price drops again, then you will get a much larger benefit compared to staking, this has been proven repeatedly. Therefore, I prefer to control my coins all the time, without blocking them at any time. I can stake my coins as long as it doesn't require blocking, otherwise it doesn't suit me.

[Fatunad]

...Another thing is to look for a trusted platform to stake your coins or better not stake at all since the risk is a bit high than the reward.

Yes, everyone should remember this before sending their coins, since the risk of losing them is very high. I'll give you an example today: the Multichain team was arrested by the Chinese police, seizing assets worth $1.5 billion. I doubt that this cryptocurrency will be returned to its rightful owners. In addition, the team stole $2.5 million worth of cryptocurrency, sending it to the Gate exchange. Obviously, someone will never see their money again.

This is why im not really that confident on staking up my coins, not only just earning that small APY but the risks involved or something we do speak about ratio is never been worth and this is why its better that i

dont not earn more coins as long im much assure that my coins are totally safe in my own wallet which i do possess the keys.Usually people would be staking to  earn more which it isnt really that bad
specially if you do really believe on a project would be lasting that long or does have potential but those validators are really just having the potential on becoming shit and mess up everything.
In result? You would really be ending up on waiting for some investigation result or whatever cases would really be needing to be solved out first before you could
really able to held your funds once again.If you could bare up with the risks then its your choice.

It is up to everyone to decide whether or not to place coins on staking, but saving their money is the responsibility of every investor. And as practice shows, it is better to lose a profit than to lose your money. But if the desire to get a profit still remains, then you need to carefully choose a platform for staking.

Yes, if you are really that liking to earn something more with your coins then staking would be the key but we should know that there's an unbonding period. Usually people would really be making out some sells
on the time the price of the coin that they do hold would really be tending to sell but they cant because of that unbonding period and this is the cons when you do stake up. Unless if there would be some sort of
immediate withdrawals or transfer then it would be good but basing up on the actual experience, there's really that grace or unbonding period which you would really be needing
to wait up.

Just like on what other users or members above been posting about this then it would be better if you do just simply hold up your coins without the need of staking on your own wallet or you would be already opening
some sell orders on exchange (not recommendable) but its up to you whether you could really be able to bare up such risks.

[jaberwock]

It is up to everyone to decide whether or not to place coins on staking, but saving their money is the responsibility of every investor. And as practice shows, it is better to lose a profit than to lose your money. But if the desire to get a profit still remains, then you need to carefully choose a platform for staking.

Yes, if you are really that liking to earn something more with your coins then staking would be the key but we should know that there's an unbonding period. Usually people would really be making out some sells
on the time the price of the coin that they do hold would really be tending to sell but they cant because of that unbonding period and this is the cons when you do stake up. Unless if there would be some sort of
immediate withdrawals or transfer then it would be good but basing up on the actual experience, there's really that grace or unbonding period which you would really be needing
to wait up.

Just like on what other users or members above been posting about this then it would be better if you do just simply hold up your coins without the need of staking on your own wallet or you would be already opening
some sell orders on exchange (not recommendable) but its up to you whether you could really be able to bare up such risks.

If earning more is what we want, there are better options than in staking. There is trading. Next to it would be investing. If want something risky in order to earn a higher reward, there is also leverage trading and futures trading. Last but not the least is by playing a gambling. IDK what is that unbonding period you mean but in staking there is a term called unstake.

Many staker will then sell their coins after it. That's right, the con of staking is their lock-in period which can sometimes last up to a year. This is why it's important to pick only a coin which has a future potential so that you won't panic once it drops because you know that it still has the chance to recover.

[AmoreJaz]

That is a big question before planning to stake our crypto, which is a good platform to entrust our valuable assets?
Because staking involves locking up your coins for a specific period, and while you may earn rewards for doing so, there is always the possibility of losing your staked coins if the platform encounters issues or faces security breaches.
If you find the risk-to-reward ratio unfavorable or if you are uncomfortable with the potential risks, it may be better to refrain from staking altogether. Instead, you can explore other investment options within the cryptocurrency market that can manage your risk and investment goals.

I don't like staking because in some cases it requires my coins to be locked up for a while, which makes it impossible for me to sell them in case of a good pump. After almost every big pump, the price returns to the previous values and if you can sell on the pump and buy back when the price drops again, then you will get a much larger benefit compared to staking, this has been proven repeatedly. Therefore, I prefer to control my coins all the time, without blocking them at any time. I can stake my coins as long as it doesn't require blocking, otherwise it doesn't suit me.

if you stake in a 3rd party platform like in binance, you really need to wait for certain period to be over. but some coins, you can opt for flexible settings. but if you are staking in your own wallet, you can easily send it to an exchange and trade it. staking before was very profitable for me, but in the current market setting, i haven't staking anymore. maybe, tired of finding a good alt to stake. as most of the time, they won't hit the exchange and they are already dead.

[Dr.Bitcoin_Strange]

It should be understood that even this option may not always show results,

and you need to be prepared for this. Otherwise, the results may not be the most positive.

It's not as if it doesn't show results, but the profit is not tangible, not something that is worth risking your coin on the centralized exchange, because even on some centralized exchanges, you can stake your Bitcoin, but it is greatly discouraged to stake your Bitcoin on exchanges. Even buying Bitcoin on a centralized exchange is not secure, so buy on exchanges that are decentralized.

One doesn't need to prepare for anything serious apart from the fact that you will lose your token if the exchange gets hacked, and your KYC details can also be used to identify you if there is any reason to investigate crypto users. Note that it's not really for staking your token but for using centralized exchange.

[irhact]

I don't like staking because in some cases it requires my coins to be locked up for a while, which makes it impossible for me to sell them in case of a good pump. After almost every big pump, the price returns to the previous values and if you can sell on the pump and buy back when the price drops again, then you will get a much larger benefit compared to staking, this has been proven repeatedly. Therefore, I prefer to control my coins all the time, without blocking them at any time. I can stake my coins as long as it doesn't require blocking, otherwise it doesn't suit me.

You're not liking staking because you're getting the wrong information about it. I don't encourage the locking of coins for a long period as some projects have but we have other projects that you don't have to lock your token for a long period before you get rewarded. This tokens are flexible and can be unlocked whenever you want to so if you invest in this projects, you can always unlucky when there's a pump to sell.

Your strategy is very good, I also love to sell my altcoins and rebuy when the market is down since that's how the market move because of its volatility. When you get larger amount of your favorite tokens, you increase your benefits more when the market pumps again.

[EarnOnVictor]

...Another thing is to look for a trusted platform to stake your coins or better not stake at all since the risk is a bit high than the reward.

Yes, everyone should remember this before sending their coins, since the risk of losing them is very high. I'll give you an example today: the Multichain team was arrested by the Chinese police, seizing assets worth $1.5 billion. I doubt that this cryptocurrency will be returned to its rightful owners. In addition, the team stole $2.5 million worth of cryptocurrency, sending it to the Gate exchange. Obviously, someone will never see their money again.

This is why im not really that confident on staking up my coins, not only just earning that small APY but the risks involved or something we do speak about ratio is never been worth and this is why its better that i

dont not earn more coins as long im much assure that my coins are totally safe in my own wallet which i do possess the keys.Usually people would be staking to  earn more which it isnt really that bad
specially if you do really believe on a project would be lasting that long or does have potential but those validators are really just having the potential on becoming shit and mess up everything.
In result? You would really be ending up on waiting for some investigation result or whatever cases would really be needing to be solved out first before you could
really able to held your funds once again.If you could bare up with the risks then its your choice.

One should think of the risk in staking, and if they must stake at all, a very good project that has long-term success prospects are to be prioritised. Left to me, I can't, and such projects with the earlier stated qualities are not much and the few ones who qualify do not offer a high APY, so I believe staking is not for me. I would rather keep my money in the bank where I know that my offers are almost guaranteed rather than staking it and entrusting my coin in the care of some people at the high risk of losing it when something bad happens.

Thankfully, I know how to trade and invest, so it has always been the two approaches instead of thinking that a less risky investment. Even holding my Bitcoin when it rises and sending it to my USD or USDT account when it falls and repeating the processes again gives me more return yearly than staking.

[slaman29]

Thankfully, I know how to trade and invest, so it has always been the two approaches instead of thinking that a less risky investment. Even holding my Bitcoin when it rises and sending it to my USD account when it falls and repeating the processes again gives me more return yearly than staking.

Not sure what you mean by sending it to your USD account, care to share your precise USD platform and wallet? Cause that sounds like a really long and complicated process, losing a lot of fees.

Essentially you're talking about a trading method. And it doesn't sound at all sustainable, cause everyone makes mistakes eventually predicting this "fall".

I personally think all the traders who say they make money year after year... are making things up

Proof or it did not happen

[ancafe]

Essentially you're talking about a trading method. And it doesn't sound at all sustainable, cause everyone makes mistakes eventually predicting this "fall".

When they are active in daily trading it is certain that they sometimes suffer losses, however clever they are in calculating and studying the market and even bots that are programmed in such a way can also achieve losses at certain times.

I personally think all the traders who say they make money year after year... are making things up
Proof or it did not happen

I actually smiled listening to this, but I agree more when they say today they are lost and the next day they can make up for the losses they experienced before, that's how real daily trading happens and it's impossible for them to profit every day. If there are references that can convince us that day trading can guarantee stable profits, why is it important to HOLD especially in bitcoin, isn't it better for day trading to collect profits?

[EarnOnVictor]

Thankfully, I know how to trade and invest, so it has always been the two approaches instead of thinking that a less risky investment. Even holding my Bitcoin when it rises and sending it to my USD account when it falls and repeating the processes again gives me more return yearly than staking.

Not sure what you mean by sending it to your USD account, care to share your precise USD platform and wallet? Cause that sounds like a really long and complicated process, losing a lot of fees.

I will add USDT to my former post, as I guess I was the one who didn't elaborate on it or added USDT to make it clear some misunderstanding. The thing is that in my Bitcoin investments, I use FX broker (there is one I use that has a BTC wallet within the member area and already has 13 years of service), Skrill (it has Bitcoin wallets too and has lasted over 2 decades) and Exchanges, in which I use USDT.

My former post might be confusing to you because the first two use USD accounts, so I easily move my Bitcoin from the account to their internal Bitcoin wallet for investment during a bullish trend and move it back to the USD account during the bearish season of the coin. This is the same thing I do with the exchanges I use too, only that theirs is in USDT.

[Tony116]

...Another thing is to look for a trusted platform to stake your coins or better not stake at all since the risk is a bit high than the reward.

Yes, everyone should remember this before sending their coins, since the risk of losing them is very high. I'll give you an example today: the Multichain team was arrested by the Chinese police, seizing assets worth $1.5 billion. I doubt that this cryptocurrency will be returned to its rightful owners. In addition, the team stole $2.5 million worth of cryptocurrency, sending it to the Gate exchange. Obviously, someone will never see their money again.

This is why im not really that confident on staking up my coins, not only just earning that small APY but the risks involved or something we do speak about ratio is never been worth and this is why its better that i

dont not earn more coins as long im much assure that my coins are totally safe in my own wallet which i do possess the keys.Usually people would be staking to  earn more which it isnt really that bad
specially if you do really believe on a project would be lasting that long or does have potential but those validators are really just having the potential on becoming shit and mess up everything.
In result? You would really be ending up on waiting for some investigation result or whatever cases would really be needing to be solved out first before you could
really able to held your funds once again.If you could bare up with the risks then its your choice.

One should think of the risk in staking, and if they must stake at all, a very good project that has long-term success prospects are to be prioritised. Left to me, I can't, and such projects with the earlier stated qualities are not much and the few ones who qualify do not offer a high APY, so I believe staking is not for me. I would rather keep my money in the bank where I know that my offers are almost guaranteed rather than staking it and entrusting my coin in the care of some people at the high risk of losing it when something bad happens.

Thankfully, I know how to trade and invest, so it has always been the two approaches instead of thinking that a less risky investment. Even holding my Bitcoin when it rises and sending it to my USD or USDT account when it falls and repeating the processes again gives me more return yearly than staking.

Staking is no different than we deposit our savings in a bank, the profit is negligible, but the risk is quite big when placing our trust in those centralized platforms. If I had only 2 options, I would rather keep my money in the bank than trust those lending platforms. It's hard to understand how so many people who refuse to trust banks can trust these centralized platforms easily.

In this market, it is true that there are many ways to make a profit, but I would advise people to stay away from staking because of the disproportionate reward and risk ratio. If you can't trade then become a holder. That will be safer for your assets, and the return on holding is even bigger than staking, but the risk is much lower.

[rby]

That is a big question before planning to stake our crypto, which is a good platform to entrust our valuable assets?
Because staking involves locking up your coins for a specific period, and while you may earn rewards for doing so, there is always the possibility of losing your staked coins if the platform encounters issues or faces security breaches.
If you find the risk-to-reward ratio unfavorable or if you are uncomfortable with the potential risks, it may be better to refrain from staking altogether. Instead, you can explore other investment options within the cryptocurrency market that can manage your risk and investment goals.

I don't like staking because in some cases it requires my coins to be locked up for a while, which makes it impossible for me to sell them in case of a good pump. After almost every big pump, the price returns to the previous values and if you can sell on the pump and buy back when the price drops again, then you will get a much larger benefit compared to staking, this has been proven repeatedly. Therefore, I prefer to control my coins all the time, without blocking them at any time. I can stake my coins as long as it doesn't require blocking, otherwise it doesn't suit me.

There are also chances that during the period of stake, the price will not pump and you will get some percentage added to your portfolio. Everything in this industry is all about risk, what you do is to study and master the risk that will be giving you good reward.
The type of staking that gives a better reward is the defi staking and it is also risk than the normal staking, if I were to stake I will not use that method. I think ut takes from 3 to 5days to get your coin back when you eventually terminate your staking.
ETH staking is the one I haven't tried out or knows how it works. So, if you are someone that has many coins you do not need in the immediate time, staking will be a good option for you.

In the other hand, trading is more profitable and also more demanding.  You will first have to learn how to trade and then master it before you will begin to run into profits. Then even as a professional trader, there is no guarantee that you will no lose in trading.

[Ziskinberg]

You are right, I agree with you. Staking can be a more passive and less risky way to earn from your cryptocurrency holdings than trading. When the price of the staked asset falls, you can indeed buy more and add it to your betting position, increasing your profit potential when the price recovers.

Perhaps, you'll never know exactly what staking is all about. Sorry, but staking is not considered passive income nor you can say it was less risky. You are depositing your coins into a particular exchange and you allow them to use it for whatever reason and you are just given some share from it. There is no less risk from it but instead, it was too risky on your side, and if they won't give you funds back to you or like to say that they are scams, they will carry your money too easily. That is why I preferred to just hold my assets rather than staking. 

[tvplus006]

Staking is no different than we deposit our savings in a bank, the profit is negligible, but the risk is quite big when placing our trust in those centralized platforms. If I had only 2 options, I would rather keep my money in the bank than trust those lending platforms. It's hard to understand how so many people who refuse to trust banks can trust these centralized platforms easily...

The only reason that many crypto investors prefer to use these applications is because of the high profit that no bank can offer. But if the percentage is higher, then the risks of losing your money increase many times. But nevertheless, this does not stop those who want to get a big profit.

[slaman29]

Thankfully, I know how to trade and invest, so it has always been the two approaches instead of thinking that a less risky investment. Even holding my Bitcoin when it rises and sending it to my USD account when it falls and repeating the processes again gives me more return yearly than staking.

Not sure what you mean by sending it to your USD account, care to share your precise USD platform and wallet? Cause that sounds like a really long and complicated process, losing a lot of fees.

I will add USDT to my former post, as I guess I was the one who didn't elaborate on it or added USDT to make it clear some misunderstanding. The thing is that in my Bitcoin investments, I use FX broker (there is one I use that has a BTC wallet within the member area and already has 13 years of service), Skrill (it has Bitcoin wallets too and has lasted over 2 decades) and Exchanges, in which I use USDT.

My former post might be confusing to you because the first two use USD accounts, so I easily move my Bitcoin from the account to their internal Bitcoin wallet for investment during a bullish trend and move it back to the USD account during the bearish season of the coin. This is the same thing I do with the exchanges I use too, only that theirs is in USDT.

Ah I see, so you actually do mean that you trade, but you claim to earn more yearly income than staking. Currently BTC staking I see at centralized exchanges are around 5%. You actually make more than 5% just by trading? Considering min 1% exchange fee and I think it is more especially broker rates are not the same, you have to make more than 7% a year trading.

7% a year means around 40% after compounding for 5 years.

You must be a really really good trader

Good luck keeping your Bitcoin on brokers and exchanges... you probably know that's the worst thing you can ever do.

[Tony116]

Staking is no different than we deposit our savings in a bank, the profit is negligible, but the risk is quite big when placing our trust in those centralized platforms. If I had only 2 options, I would rather keep my money in the bank than trust those lending platforms. It's hard to understand how so many people who refuse to trust banks can trust these centralized platforms easily...

The only reason that many crypto investors prefer to use these applications is because of the high profit that no bank can offer. But if the percentage is higher, then the risks of losing your money increase many times. But nevertheless, this does not stop those who want to get a big profit.

Is it really higher than the bank? I've never staked, I don't know the exact profit, but as far as I know, for example, when we bet in USDT, the APY is only 9% per annum which is not much higher than the bank rate. But the risk is many times higher, so it's really not worth trying. Investing in cryptocurrencies is already a risk, so we need to weigh the returns commensurate with the risks we face. Unwise to stake on CEX, the profit is quite low, while the risk is that we may lose all our assets. If someone wants to make big profit, invest and trade, only these two options can really make big profit.