Staking really great way in crypto wealth

[ololajulo]

I appreciate the concept of staking, as it helps to prevent coin dumping. However, I believe that this idea requires proper management. For instance, some of the coins that have been staked for the long term will be unstaked this month, which indicates that the coins will eventually be dumped. What if the unstaking of these coins is staggered over the years while staking continues in a cycle? It's evident that staking still has its weaknesses, which should be addressed.

[dansus021]

You right when the bear market comes I just do staking and wait for the better price to exit while waiting we can see our coin is growing but the staking itself has a risk.

I like new coin/token back when the bull market I heavily invest in new coin usually on BSC ecosystem or other EVm chain compatible but after that the token price is drop to zero or turn into ash this is one of the risk if you staking with new coin it always better to find a good staking coin like BNB ETH Cardano although big coin like I mention before has low APY so this is fair

[wajik-tempe]

Although staking carries no risk of liquidation, there is always a chance that the asset's price could decline, bringing about lower rewards or losses. The benefits you receive for staking may also not always be guaranteed and may change based on the market and network's staking policies.

Additionally, the new exchange feature that allows users to earn interest may be a good way to generate passive income without having to worry about the specifics of staking.

[Natalim]

Although staking carries no risk of liquidation, there is always a chance that the asset's price could decline, bringing about lower rewards or losses. The benefits you receive for staking may also not always be guaranteed and may change based on the market and network's staking policies.

Additionally, the new exchange feature that allows users to earn interest may be a good way to generate passive income without having to worry about the specifics of staking.

The idea of staking is just to encourage investors to hold their coins and earn some percentage while waiting for the price to grow. It somehow builds confidence to holders that a few weeks from staking they'll double their rewards as they sell them. It was now a usual practice by many investors but honestly, I don't do it for the sake that I want to keep my funds secured because I know that the rewards I probably get from staking are very small and aren't convincing for me and most of all, the risks from losing them all if the platform turn scam.

[LastKiss]

Although staking carries no risk of liquidation, there is always a chance that the asset's price could decline, bringing about lower rewards or losses. The benefits you receive for staking may also not always be guaranteed and may change based on the market and network's staking policies.

Additionally, the new exchange feature that allows users to earn interest may be a good way to generate passive income without having to worry about the specifics of staking.

The idea of staking is just to encourage investors to hold their coins and earn some percentage while waiting for the price to grow. It somehow builds confidence to holders that a few weeks from staking they'll double their rewards as they sell them. It was now a usual practice by many investors but honestly, I don't do it for the sake that I want to keep my funds secured because I know that the rewards I probably get from staking are very small and aren't convincing for me and most of all, the risks from losing them all if the platform turn scam.

That's why we should wait until the bear market happens cause when that happens we can buy the crypto at a low price and start staking until the bull market starts again. to avoid from scam crypto we can choose top altcoins that have a staking feature with that we can reduce the chance we will get scam by the project.

[Similificator]

Well, it's quite good to stake since it gives profits without putting in a lot of effort but it does have it's cons as well. So before staking make sure that the coin or token that you are staking is a good one, that you are on a safe platform for staking, that the quantity is enough to make the profit from staking worth your while, etc., etc. Because for staking, there are risks due to it taking a long time before being able to get those profits. Some staking lasts for months and some for years. Some also gets locked till the staking duration is over. And believe me, a LOT of things can happen in just a span of few months. So be mindful of what coin you choose to stake and how reputable the staking platform you chose is.

[irhact]

I appreciate the concept of staking, as it helps to prevent coin dumping. However, I believe that this idea requires proper management. For instance, some of the coins that have been staked for the long term will be unstaked this month, which indicates that the coins will eventually be dumped. What if the unstaking of these coins is staggered over the years while staking continues in a cycle? It's evident that staking still has its weaknesses, which should be addressed.

This weakness has caused lots of problem in the past that lead to fud and made many peoject to dump so some projects has decided to make their unstaking period not to have a fixed date so everyone doesn't go to unstake on that particular date to cause a panic in the market. Unstaking period are now flexible and you can unstake at anytime for most project.

Exchanges that offer staking rewards also has this two options as well, you can decide to stake for a longer period of time that'll have more rewards attached or participate in flexible staking campaign that can be unstaked at any time of the day. It's left for the individual to decide.

[slaman29]

Well, it's quite good to stake since it gives profits without putting in a lot of effort but it does have it's cons as well. So before staking make sure that the coin or token that you are staking is a good one, that you are on a safe platform for staking, that the quantity is enough to make the profit from staking worth your while, etc., etc. Because for staking, there are risks due to it taking a long time before being able to get those profits. Some staking lasts for months and some for years. Some also gets locked till the staking duration is over. And believe me, a LOT of things can happen in just a span of few months. So be mindful of what coin you choose to stake and how reputable the staking platform you chose is.

When has something that you can get  and yet doesn't need effort been useful to you in any moment in life right?

Faucets? Airdrops? Staking?

I have done staking long ago, and made a huge experiment with it. I opened something like 20 wallets and bought the coins and staked them manually. I even opened POSwallet and maybe another 20 or 30 coins in there all staking for me.

Guess what? Did I make profit? I'm here, not rich and no longer staking.

It's con is literally a con

[jeraldskie11]

I appreciate the concept of staking, as it helps to prevent coin dumping. However, I believe that this idea requires proper management. For instance, some of the coins that have been staked for the long term will be unstaked this month, which indicates that the coins will eventually be dumped. What if the unstaking of these coins is staggered over the years while staking continues in a cycle? It's evident that staking still has its weaknesses, which should be addressed.

I get your perspective, however we don't have to worry about dumping because the staking rewards aren't intended to boost supply. So, if someone wants to sell their tokens after staking for a long time, the price will not be affected significantly. The only negative I see in staking is the "lock up," which means you can't sell your tokens whenever you want. However, I believe that when the market is down, it is the best time to stake your tokens or coins. Ethereum, Cardano, and Atom are examples of coins that demonstrate the benefits of staking.

[Chainsmokers]

Although staking carries no risk of liquidation, there is always a chance that the asset's price could decline, bringing about lower rewards or losses. The benefits you receive for staking may also not always be guaranteed and may change based on the market and network's staking policies.

Additionally, the new exchange feature that allows users to earn interest may be a good way to generate passive income without having to worry about the specifics of staking.

The idea of staking is just to encourage investors to hold their coins and earn some percentage while waiting for the price to grow. It somehow builds confidence to holders that a few weeks from staking they'll double their rewards as they sell them. It was now a usual practice by many investors but honestly, I don't do it for the sake that I want to keep my funds secured because I know that the rewards I probably get from staking are very small and aren't convincing for me and most of all, the risks from losing them all if the platform turn scam.

That's why we should wait until the bear market happens cause when that happens we can buy the crypto at a low price and start staking until the bull market starts again. to avoid from scam crypto we can choose top altcoins that have a staking feature with that we can reduce the chance we will get scam by the project.

Indeed the best time to buy in a bear market and sell in a bull market,
the top altcoins are certainly much safer than the new altcoins which we don't know what will be like in the future,
The most important thing is to always do your research first.

[ololajulo]

I appreciate the concept of staking, as it helps to prevent coin dumping. However, I believe that this idea requires proper management. For instance, some of the coins that have been staked for the long term will be unstaked this month, which indicates that the coins will eventually be dumped. What if the unstaking of these coins is staggered over the years while staking continues in a cycle? It's evident that staking still has its weaknesses, which should be addressed.

I get your perspective, however we don't have to worry about dumping because the staking rewards aren't intended to boost supply. So, if someone wants to sell their tokens after staking for a long time, the price will not be affected significantly. The only negative I see in staking is the "lock up," which means you can't sell your tokens whenever you want. However, I believe that when the market is down, it is the best time to stake your tokens or coins. Ethereum, Cardano, and Atom are examples of coins that demonstrate the benefits of staking.

while staking may not directly boost token supply, the increased circulation of staked tokens can still impact market dynamics. Selling staked tokens may not always significantly affect prices, but simultaneous selling can create temporary downward pressure. The lock-up period in staking restricts liquidity, which may be seen as a drawback for some investors. While staking during a bear market may offer benefits, market unpredictability can erode the value of staked assets. Successful staking coins like Ethereum, Cardano, and Atom demonstrate the potential benefits, but each project is unique, and success is not guaranteed for all staking cryptocurrencies. Thorough research is necessary before engaging in staking.

[KingsDen]

Staking is surely a way to earn some coins in profit when you finally sell off it but you have to know that the margin of profit you can get while staking your coin is very minimal if you have to trade it.

It is true that trading cryptocurrency gives better return of profit than staking cryptocurrency. But do not underestimate the profit that comes with staking. You might see it as very little based on the percentage, but if you have to stake a huge amount of money, you would understand that the percentage is fair enough for the stake.

This is where trust comes to play. Do you actually trust the centralized exchange you ask taking your money to that high extent. So it is a dilemma. Stake small and recieve small or stake large at your own risk.

[|MINER|]

It true that there are some exchanger gave these kinds of facilities but it should always be noted that one should not fall into the clutches of scammers hoping to get extra interest. Moreover, first check whether the platform on which you are going to stake is actually authentic and stay updated about the news about the platform. Don't be lured by high interest. Scammers often lure investors with high interest.

[Johnyz]

Staking when price fall you just buy more and put in to staking once price goes up you don't need to sell it you continue to staking so after u earn more.
The new feature on exchangers the EARN could be one of the best ways to earn income some of them Even no lock up or little as 14 days.
No liquitation risk and you sleep well newbie friendly method..instead of trading off course If you know what you doing trading good Also but staking Are great one.

Staking are more stress free as you are just need to stake your holdings and wait for some profit, this is a good opportunity for long term holding. Trading will always have a risk, and analyzing is required in trading, if you don’t have much of knowledge about it then staking is a good substitute while you are still learning. There are exchanges that offers investment opportunities especially with the launchpad and launchpool, you might want to take advantage of that as well.

[Hypnosis00]

It true that there are some exchanger gave these kinds of facilities but it should always be noted that one should not fall into the clutches of scammers hoping to get extra interest. Moreover, first check whether the platform on which you are going to stake is actually authentic and stay updated about the news about the platform. Don't be lured by high interest. Scammers often lure investors with high interest.

Well, I was expecting that thing to happen especially, if they don't take extra precautions. Many cases happen already that after staking, the site got collapsed and take their money. It is something they need to consider that they are using reputable exchanges otherwise, they are taking huge risks. But have to say that real investors don't look at such promotions ( staking for additional income) as they are into looking at the security of their fund. In fact, if just hold our coins and sell them during the bull season, we still make a profit from it and less risks.

[lalabotax]

Staking when price fall you just buy more and put in to staking once price goes up you don't need to sell it you continue to staking so after u earn more.
The new feature on exchangers the EARN could be one of the best ways to earn income some of them Even no lock up or little as 14 days.
No liquitation risk and you sleep well newbie friendly method..instead of trading off course If you know what you doing trading good Also but staking Are great one.

This will exactly depend on what coins and the amount you are staking. I have ever wanted to try staking on certain platforms. But, with the amount that I have and the period that I want, this is exactly not worth it. For, this is not appropriate for me although I have several amounts for staking, moreover sometimes, certain coins only give small APY. On the other hand, there may be certain platforms that give high APY, but we don't know the reputation and this will be a higher risk for us to stake it for a long time. Moreover, we cannot do anything to coins that we are still staking on, they are not able to sell even if their price keeps going up.

But once more, this is a personal preference. Some people may love staking to wait for long-term investment or holding. But some people prefer to do this. This becomes a personal decision. And everyone has their best decision to take and to do.

[bittraffic]

Staking when price fall you just buy more and put in to staking once price goes up you don't need to sell it you continue to staking so after u earn more.
The new feature on exchangers the EARN could be one of the best ways to earn income some of them Even no lock up or little as 14 days.
No liquitation risk and you sleep well newbie friendly method..instead of trading off course If you know what you doing trading good Also but staking Are great one.

This will exactly depend on what coins and the amount you are staking. I have ever wanted to try staking on certain platforms. But, with the amount that I have and the period that I want, this is exactly not worth it. For, this is not appropriate for me although I have several amounts for staking, moreover sometimes, certain coins only give small APY. On the other hand, there may be certain platforms that give high APY, but we don't know the reputation and this will be a higher risk for us to stake it for a long time. Moreover, we cannot do anything to coins that we are still staking on, they are not able to sell even if their price keeps going up.

But once more, this is a personal preference. Some people may love staking to wait for long-term investment or holding. But some people prefer to do this. This becomes a personal decision. And everyone has their best decision to take and to do.

The decision is probably because they are willing to wait for a very long time. But I doubt that they won't sell in the bull run though. In the bear market, you can't sit seeing APY is not worth it. Accumulating in a bear market while the price is low is way preferable to waiting again for the price to rise in the bull run. That's another 4 years of waiting while the price keeps falling.

[death69]

Staking when price fall you just buy more and put in to staking once price goes up you don't need to sell it you continue to staking so after u earn more.
The new feature on exchangers the EARN could be one of the best ways to earn income some of them Even no lock up or little as 14 days.
No liquitation risk and you sleep well newbie friendly method..instead of trading off course If you know what you doing trading good Also but staking Are great one.

This will exactly depend on what coins and the amount you are staking. I have ever wanted to try staking on certain platforms. But, with the amount that I have and the period that I want, this is exactly not worth it. For, this is not appropriate for me although I have several amounts for staking, moreover sometimes, certain coins only give small APY. On the other hand, there may be certain platforms that give high APY, but we don't know the reputation and this will be a higher risk for us to stake it for a long time. Moreover, we cannot do anything to coins that we are still staking on, they are not able to sell even if their price keeps going up.

But once more, this is a personal preference. Some people may love staking to wait for long-term investment or holding. But some people prefer to do this. This becomes a personal decision. And everyone has their best decision to take and to do.

Staking's a dilemma – no universal solution exists. It's all about coin types, platform APYs, and your personal risk threshold, as you wisely pointed out. Feels like the stock market to me. Risks abound, but pair research with smart moves, and you're in for a side-splitting, electrifying ride.

Keep this in mind: staking's a long-haul affair. It's no easy money scheme; you need patience and discipline. For the committed, there's a treasure trove of stable, trustworthy returns. So, to potential stakers, here's the deal: hit the books, be realistic, and – most crucially – enjoy the wild ride! Investing's meant to be a blast, isn't it?

[Altryist]

Never think that staking will give you a decent profit while holding and besides, this is too risky on your part. I'm not going to stop you but I like to help you out from thinking that this is a good solution to earn more without doing anything because the reality is that, it is just only a penny.
Trading is way better but I don't ask you to do that if you are not knowledgeable about this otherwise, you are just throwing your money into the other hands. For any of these strategies and ways of earning, you must have to choose reputable exchanges, most especially if you are staking.

I have never considered staking as a way to make money, although if it does not require blocking my coins, I can keep them in my wallet and make a profit, but it is too small for me to take it seriously.

I can keep my coins in my wallet during medium-term trading and make some profit, but as soon as the token reaches the price at which I am ready to sell it, I take the coins to the exchange and sell them. Otherwise, I have never used staking for profit, and I believe that trading can give much better profits in much less time.

[ShowOff]

I have never considered staking as a way to make money, although if it does not require blocking my coins, I can keep them in my wallet and make a profit, but it is too small for me to take it seriously.

I can keep my coins in my wallet during medium-term trading and make some profit, but as soon as the token reaches the price at which I am ready to sell it, I take the coins to the exchange and sell them. Otherwise, I have never used staking for profit, and I believe that trading can give much better profits in much less time.

Everyone's preferences are certainly different, but personally I also would not do staking in any form because I tend to prioritize investment rather than expecting passive income which is too low.

Staking means that we have to keep all assets on the exchange/ staking platform, they freeze them for a certain period of time, so it means that all the assets that we have are controlled by the exchange/staking platform which has risks. Honestly, I wouldn't do it even if they promised passive returns.