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Author Topic: Stacking vs mining options?  (Read 368 times)
adaseb
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October 05, 2021, 05:05:41 AM
 #21

Another way how you can make some money is if you hold some USD or USDT or any type of fiat currency. You can't do it now unfortunately however when the funding becomes positive again, what you can do is just sell the futures and buy the coin.

Usually BTC or ETH have a ~1% premium per 30 days on the futures. So if you buy the futures expiring in 12 months, it will have a ~12% premium. You buy on spot with your fiat, and that same amount you sell on the futures. Wait 12 months and you got your 12%.

There is a little risk because you need to keep on exchange but seems safer than some of these experimental methods other people are doing.

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October 05, 2021, 06:29:58 AM
 #22

When you start staking or mining, that means you will hold the coin for some periods and if somehow, the price increase in the next month, you should not worry and still have to commit with your staking or mining because your reason to do those things is for a long time.

Besides that, if you stake in Binance, there will be a time frame that you should follow and you can not sell your coin if the time frame is not reached. Staking means you want to increase your coin amount and not think much about the price because your target to sell will be in the future and not in a short time. If you want to make a profit, you may not need to stake or mine instead of trading that coin and increasing the amount from trading.

.
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October 05, 2021, 07:54:36 AM
 #23

When you start staking or mining, that means you will hold the coin for some periods and if somehow, the price increase in the next month, you should not worry and still have to commit with your staking or mining because your reason to do those things is for a long time.

Besides that, if you stake in Binance, there will be a time frame that you should follow and you can not sell your coin if the time frame is not reached. Staking means you want to increase your coin amount and not think much about the price because your target to sell will be in the future and not in a short time. If you want to make a profit, you may not need to stake or mine instead of trading that coin and increasing the amount from trading.

Where did you learn that idiocy?

It is all about earning as much money in the shortest possible time.

For example, the oldest and first..bitcoin, zoom out, it is the biggest money earned in its whole life span and market cycles compared to other assets outside crypto. That parabolic gains experience is what fuels altcoin speculation besides tech.
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October 05, 2021, 01:23:42 PM
 #24

When you start staking or mining, that means you will hold the coin for some periods and if somehow, the price increase in the next month, you should not worry and still have to commit with your staking or mining because your reason to do those things is for a long time.

Besides that, if you stake in Binance, there will be a time frame that you should follow and you can not sell your coin if the time frame is not reached. Staking means you want to increase your coin amount and not think much about the price because your target to sell will be in the future and not in a short time. If you want to make a profit, you may not need to stake or mine instead of trading that coin and increasing the amount from trading.

Where did you learn that idiocy?

It is all about earning as much money in the shortest possible time.

For example, the oldest and first..bitcoin, zoom out, it is the biggest money earned in its whole life span and market cycles compared to other assets outside crypto. That parabolic gains experience is what fuels altcoin speculation besides tech.
Do you already try staking Binance? If yes, you should know that when you stake, your coin will be locked in their wallet without you can do anything except receiving the reward daily.

If that is about earning as much money in the shortest possible time, can you tell me where we can find that way? From trading? If the market is not moving good or has a bull run, you will not make as much money as you want shortly, unless you are a trader who has a lot of money.

I know bitcoin can give you the biggest profit, but not in the shortest time because bitcoin price will always have volatility which no one will know where the price will move in the next hour. Everything will depend on the market.

.
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RIUM
.
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███
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███
███
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███
███
███
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SAFE GAMES
WITH WITHDRAWALS
       ▄▀▀▀▀▀▀▄▄▄▄
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arielbit
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October 05, 2021, 01:52:56 PM
 #25

When you start staking or mining, that means you will hold the coin for some periods and if somehow, the price increase in the next month, you should not worry and still have to commit with your staking or mining because your reason to do those things is for a long time.

Besides that, if you stake in Binance, there will be a time frame that you should follow and you can not sell your coin if the time frame is not reached. Staking means you want to increase your coin amount and not think much about the price because your target to sell will be in the future and not in a short time. If you want to make a profit, you may not need to stake or mine instead of trading that coin and increasing the amount from trading.

Where did you learn that idiocy?

It is all about earning as much money in the shortest possible time.

For example, the oldest and first..bitcoin, zoom out, it is the biggest money earned in its whole life span and market cycles compared to other assets outside crypto. That parabolic gains experience is what fuels altcoin speculation besides tech.
Do you already try staking Binance? If yes, you should know that when you stake, your coin will be locked in their wallet without you can do anything except receiving the reward daily.

If that is about earning as much money in the shortest possible time, can you tell me where we can find that way? From trading? If the market is not moving good or has a bull run, you will not make as much money as you want shortly, unless you are a trader who has a lot of money.

I know bitcoin can give you the biggest profit, but not in the shortest time because bitcoin price will always have volatility which no one will know where the price will move in the next hour. Everything will depend on the market.

so it is still about getting money at the shortest time possible, so i am right..what i mean is "the whole crypto space." crypto turned a lot of folks into spoiled brats  Grin

the shortest possible time is getting a position right before the pump or dump (short leverage)...the shorter the time the higher the risk.

mining is also a short period of time, i can dump some but i feel a bit lazy today, maybe in a week or a month from now (it is still a short period of time BTW LOL)

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June 26, 2023, 04:18:41 PM
 #26

Stacking and mining are two different processes for earning digital cryptocurrencies. Stacking is the holding or Stacking of a certain amount of cryptocurrency in a wallet to support the operation of a blockchain network. In exchange for which those who participate are rewarded with a certain amount of stale produce in the form of additional coins.
On the other hand, Mining is the specialized process of solving complex commercial problems by using specialized hardware and computers to validate all transactions and add them to the block chain. Through which you will get new digital currency. Mining will be profitable for you only when the equipment costs are low, electricity consumption is low and you are ahead in technological efficiency.

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June 28, 2023, 06:09:04 PM
 #27

Stacking and mining are two different processes for earning digital cryptocurrencies. Stacking is the holding or Stacking of a certain amount of cryptocurrency in a wallet to support the operation of a blockchain network. In exchange for which those who participate are rewarded with a certain amount of stale produce in the form of additional coins.
On the other hand, Mining is the specialized process of solving complex commercial problems by using specialized hardware and computers to validate all transactions and add them to the block chain. Through which you will get new digital currency. Mining will be profitable for you only when the equipment costs are low, electricity consumption is low and you are ahead in technological efficiency.
There are also countries in the world where electricity is very, very, very cheap, less than 0.5 cent. This news is discussed in the Russian board of miners

Libyan authorities have detained 50 Chinese nationals in a raid of a crypto-mining operation in the west of the country, the prosecution in Tripoli said Thursday.
Mining is the process of verifying transactions on a crypto blockchain by solving mathematical puzzles, for which miners are rewarded with more of the cryptocurrency. It is an energy-intensive process and requires a lot of hardware and electricity.

https://www.al-monitor.com/originals/2023/06/libyan-police-detain-50-chinese-nationals-crypto-farm-bust

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June 29, 2023, 05:50:52 AM
 #28

Ok it is now 2years gone since i started this post.that cakes in 2021 i sold for loss 10 or 20$ bucks i dont remember.no need for staking guys just bought cakes for 2.5 and latest i bouhgt some for 1.5$ now i have more coins ever i had Grin i can say you can get 10 times more coins than 2 years ago.
So no need for stake just wait for coins drop to 95-98% you get more coins.
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June 29, 2023, 10:49:38 AM
 #29

Ok it is now 2years gone since i started this post.that cakes in 2021 i sold for loss 10 or 20$ bucks i dont remember.no need for staking guys just bought cakes for 2.5 and latest i bouhgt some for 1.5$ now i have more coins ever i had Grin i can say you can get 10 times more coins than 2 years ago.
So no need for stake just wait for coins drop to 95-98% you get more coins.

If I want to invest, I'd rather buy video cards, because the profit in mining is higher than the profit in staking.
Even now you can buy equipment with a profit of 30% per annum, and in staking, only potential dead coins have a high percentage.

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June 29, 2023, 02:13:09 PM
 #30

Ok it is now 2years gone since i started this post.that cakes in 2021 i sold for loss 10 or 20$ bucks i dont remember.no need for staking guys just bought cakes for 2.5 and latest i bouhgt some for 1.5$ now i have more coins ever i had Grin i can say you can get 10 times more coins than 2 years ago.
So no need for stake just wait for coins drop to 95-98% you get more coins.

If I want to invest, I'd rather buy video cards, because the profit in mining is higher than the profit in staking.
Even now you can buy equipment with a profit of 30% per annum, and in staking, only potential dead coins have a high percentage.
I guess staking is not for miners. Myself tested and how it works and results bad.and i believe pow will proof itself during the time.people will learn that pos and staking making coins from thin air. Pow is you have to work spend gear energy it costs it has value.
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June 30, 2023, 06:08:01 PM
 #31

Ok it is now 2years gone since i started this post.that cakes in 2021 i sold for loss 10 or 20$ bucks i dont remember.no need for staking guys just bought cakes for 2.5 and latest i bouhgt some for 1.5$ now i have more coins ever i had Grin i can say you can get 10 times more coins than 2 years ago.
So no need for stake just wait for coins drop to 95-98% you get more coins.

If I want to invest, I'd rather buy video cards, because the profit in mining is higher than the profit in staking.
Even now you can buy equipment with a profit of 30% per annum, and in staking, only potential dead coins have a high percentage.
I guess staking is not for miners. Myself tested and how it works and results bad.and i believe pow will proof itself during the time.people will learn that pos and staking making coins from thin air. Pow is you have to work spend gear energy it costs it has value.
In Pos mining, you can also build an independent node, and if the coin has value and does not die in the process, then earn a small profit. But ASIC mining is now more profitable than Ethereum staking. But as long as there are coins, POW miners cannot be lured into pos mining.

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July 17, 2023, 10:25:02 AM
 #32

staking has big risk if you didnt know what youre doing, and only small profit, i would think there is no point stacking in terms profit/risk, but as you know most casual user prefer choose this compared mining
which is need technical knowledge to master it, back in stacking rush in 2015 there is many hidden stake configuration each coin, which is maximize profitable for who want to know deeper how the staking works
i still remember create 10 gt wallet duplicating configured to run simulatious, that was nice profit, but in public people only know low percentage profit perday  Grin

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July 18, 2023, 12:20:26 PM
 #33

The thing about stacking is that it works best if value of the coin you have invested in doesn't go below the buying price, for example if you buy ABC at price of $3 you will only record some profits if its greater than or equal to the $3...anything less than this you will be recording a loss of value not quantity.

On the other hand mining isn't a onetime payment fyi, initial investments could be high but with time you could easily recoup all invested funds and make your profits but remember to factor in maintenance costs and the alike, goodluck.

R


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July 19, 2023, 01:32:20 PM
 #34

The thing about stacking is that it works best if value of the coin you have invested in doesn't go below the buying price, for example if you buy ABC at price of $3 you will only record some profits if its greater than or equal to the $3...anything less than this you will be recording a loss of value not quantity.

On the other hand mining isn't a onetime payment fyi, initial investments could be high but with time you could easily recoup all invested funds and make your profits but remember to factor in maintenance costs and the alike, goodluck.
And pow mining also gives a stable profit if the price of the coin does not fall and the number of miners does not increase, but tell this to the new miners of the Kaspa coin.
https://bitcointalk.org/index.php?topic=5459393
When there are a lot of competitors in mining on ASICs or video cards, then you need to try to recoup your investment.

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