Do You Think Staking is the Perfect Passive Income Strategy in a Bull Market?

[Natalim]

For me, staking during a bull run has been akin to hitting two birds with one stone as enjoying the rewards from staking and potentially benefiting from the rising value of the staked assets. This dual advantage has made it a successful strategy in my experience. More than just a means to earn, staking has also been a way for me to engage with and contribute to the growth and innovation of blockchain technology.

It gives you more if you are staking good coins but if you are staking shitcoins, you only get nothing and lose your money.
Staking is risky and we should have to know that first because at the time we put our money into a particular platform for staking, we are also losing control of it which means that if they take it or the exchange platform turns into a scam, you can never take it back.

You can say it is hitting 2 birds is one stone but sometimes you may hit it as well - your money and your time.

[nelson4lov]

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there are tokens like ADA where you can store them inside your self-custody wallet and at the same time staking. but i think you can max out only if you have invested in such a token from the very beginning where the coins are still less than 10 cents. you probably won't be tempted to dump them even in the bear market because you still can make money out of staking.

if an investor can make money out of it enough that he can live with just the passive income from staking, he surely has made the right choice from the beginning. let's say he has millions of ADA and can make $1000 a week as per epoch, then definitely a great investment.

I learnt something new today. I have never explored Cardano so I didn't know that details about their staking initiative. The unstaking delay that is associated with proof of stake networks is usually undesirable. I remember one-time: I own a token — let's say X and the price was falling rapidly due to a high impact negative news. So I tried to unstake and sell immediately. The bottom line was that I was only able to access the tokens after 48hours due to the unstaking delay and at that time, the price had already plummeted.

The same thing happened to everyone who staked UST on Anchor protocol during the UST depeg and Luna inevitable crash. Fascinating stuff, ADA's staking!

[JeffBrad12]

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there are tokens like ADA where you can store them inside your self-custody wallet and at the same time staking. but i think you can max out only if you have invested in such a token from the very beginning where the coins are still less than 10 cents. you probably won't be tempted to dump them even in the bear market because you still can make money out of staking.

if an investor can make money out of it enough that he can live with just the passive income from staking, he surely has made the right choice from the beginning. let's say he has millions of ADA and can make $1000 a week as per epoch, then definitely a great investment.

I learnt something new today. I have never explored Cardano so I didn't know that details about their staking initiative. The unstaking delay that is associated with proof of stake networks is usually undesirable. I remember one-time: I own a token — let's say X and the price was falling rapidly due to a high impact negative news. So I tried to unstake and sell immediately. The bottom line was that I was only able to access the tokens after 48hours due to the unstaking delay and at that time, the price had already plummeted.

The same thing happened to everyone who staked UST on Anchor protocol during the UST depeg and Luna inevitable crash. Fascinating stuff, ADA's staking!

and by the time withdrawal completed we'd lose half of our money, thats why sometime staking might be waste of time if it involves locking, imagine staking for period of 2 years and the price of coin went shit, that'd be massive waste of time and money certainy i'd be really pissed by that, the thing with staking is that the only staking that have high APY are those new tokens and shitcoin, and we all know how these tokens and coins gonna be in the future, reaching peak and then hitting all time low and never gets back up.
I think in bearish its wiser to just settle with holding not staking, unless in bearish where we just gonna wait anyway, but in bullish and decide to stake at this exact time doesn't really seem like a good decision.

[gabbie2010]

For me, staking during a bull run has been akin to hitting two birds with one stone as enjoying the rewards from staking and potentially benefiting from the rising value of the staked assets. This dual advantage has made it a successful strategy in my experience. More than just a means to earn, staking has also been a way for me to engage with and contribute to the growth and innovation of blockchain technology.

It gives you more if you are staking good coins but if you are staking shitcoins, you only get nothing and lose your money.
Staking is risky and we should have to know that first because at the time we put our money into a particular platform for staking, we are also losing control of it which means that if they take it or the exchange platform turns into a scam, you can never take it back.

You can say it is hitting 2 birds is one stone but sometimes you may hit it as well - your money and your time.

This is were a some input is required by the staker else such an investor would stake on the wrong coin and ended up losing hard earned money, some research would save an investor from staking on a or some shitcoins, some of those coins has low volatility in their price movement while some are overpriced these are some of the factors to be considered when staking, unfortunately many investors are after massive profits while staking blindly on any coin hoping to earned quick profits, personally I would prefer one or two coins for staking after a thorough analysis and research on them and having satisfied with their Price Action and Past price behavior, I would stake them.

[Lambaz]

Staking is not really a good idea for ROI, the only reason I recommend staking in better chains like Cosmos is for future airdrops. Any coin I staked now must be unstaked during bull run.

[Wexnident]

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I guess the only nuance you should consider is if the coin actually has the potential to grow. I mean, staking it plus letting the coin price grow steadily seems like two positive factors already, I imagine there might be other positives you can get as well depending on what project it actually is. I wouldn't recommend starting during a bull run though since staking is something you'd generally do for the long run. I imagine you'd be put on the negative or barely equal once the coin stabilizes away from any ATH it reaches during the bull run.

[Yogee]

If we're strictly speaking of passive income then yes it's probably the best strategy during a bullrun. I would not recommend doing this for that entire period though since those staked assets will soon lose a lot of value if left too long in liquidity pools. It's better to unstake during bullrun's final phase and sell all for fiat or stable coin. Leave the market and buyback one or two years after.

[icalical]

In time of bullish, and for a fully passive income, then I think staking is the best way to do it compared to just investing without staking, but in general if the market is bullish and we want to get the most profit we can get, then day trading is the answer, even we not really into trading and only has few simple strategy, but of course high profit has high risk.

[Belarge]

If we're strictly speaking of passive income then yes it's probably the best strategy during a bullrun. I would not recommend doing this for that entire period though since those staked assets will soon lose a lot of value if left too long in liquidity pools. It's better to unstake during bullrun's final phase and sell all for fiat or stable coin. Leave the market and buyback one or two years after.

The market doesn't go as plan most times, that's were the need for backup steps in and we become more aware of the prime and dangers of our decisions concerning the projects we choose. Spot good entries and leave the market, then focus on the main projects that would generates profits in the next 2-3 years. Everyone have aims and we ought to smile whenever we're dealing with the system. Staking our coins could become one of the easiest techniques to implement when it comes noting good spots for our profits, remember not all techniques become associatable in the system.

[EFS]

Same case here. Staking Solana in the past months has been not just hitting two birds for me, but more because of the potential airdrop from several projects. I mainly stake it on Jito, then deposit those JitoSOL into margin.fi. Both protocols (Jito and Margin) have points system which likely is meant for their upcoming airdrop. So with that strategy I got:

• 7% SOL yield
• Rising SOL price
• Jito points
• Margin.fi points

That's four birds with one stone.

I should've seen this message earlier.
Staking is not always positive because some coins are not making the expected boom. If you are in the right coin you will make profit. There are coins that I've been staking for years but I still cannot make a serious profit. Especially most of the staking coins on Coinlist have been disappointing.

[Wakate]

In time of bullish, and for a fully passive income, then I think staking is the best way to do it compared to just investing without staking, but in general if the market is bullish and we want to get the most profit we can get, then day trading is the answer, even we not really into trading and only has few simple strategy, but of course high profit has high risk.

There are different ways we can earn profits from this bull that is loading gradually. One of the ways we can earn profits is by staking. Staking is just a way we can accumulate the some tokens as we decide to stake our tokens since it's not in use. Although the APY maybe very small depending on the token and the amount or worth of the token we want to stake. Although for now, staking might not give us good money unless we are holding and ready to stake up to $100k worth of any token we want to stake or more. This is the way we can earn from staking but it is always advisable to stable in a good exchange or sure where our funds are secured.

[electronicash]

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there are tokens like ADA where you can store them inside your self-custody wallet and at the same time staking. but i think you can max out only if you have invested in such a token from the very beginning where the coins are still less than 10 cents. you probably won't be tempted to dump them even in the bear market because you still can make money out of staking.

if an investor can make money out of it enough that he can live with just the passive income from staking, he surely has made the right choice from the beginning. let's say he has millions of ADA and can make $1000 a week as per epoch, then definitely a great investment.

I learnt something new today. I have never explored Cardano so I didn't know that details about their staking initiative. The unstaking delay that is associated with proof of stake networks is usually undesirable. I remember one-time: I own a token — let's say X and the price was falling rapidly due to a high impact negative news. So I tried to unstake and sell immediately. The bottom line was that I was only able to access the tokens after 48hours due to the unstaking delay and at that time, the price had already plummeted.

The same thing happened to everyone who staked UST on Anchor protocol during the UST depeg and Luna inevitable crash. Fascinating stuff, ADA's staking!

and by the time withdrawal completed we'd lose half of our money, thats why sometime staking might be waste of time if it involves locking, imagine staking for period of 2 years and the price of coin went shit, that'd be massive waste of time and money certainy i'd be really pissed by that, the thing with staking is that the only staking that have high APY are those new tokens and shitcoin, and we all know how these tokens and coins gonna be in the future, reaching peak and then hitting all time low and never gets back up.
I think in bearish its wiser to just settle with holding not staking, unless in bearish where we just gonna wait anyway, but in bullish and decide to stake at this exact time doesn't really seem like a good decision.

you don't need to unstake ADA. you can send the tokens right away and their system will figure itself how much you have unstake. but holding in the bear market is not profitable. you would rather be selling than unstaking tokens. selling and turning your tokens into USD will be the most advisable path to take in the bull market.

and you can just wait til prices are stable after a year. waiting for the cycle to happen again buy again and stake. therefore staking only when the price are getting stable.