Any good new staking coins coming on the market?

GucciBoy

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Quote from: paramind22 on April 14, 2020, 12:10:34 AM

Would like to find a new, high enough percentage staking coin. Kind of hard to buy coins that are higher priced as the price usually ends up falling. Anyone know of any, in the 1-10 Sat range? I am hoping to stake in the old way, without strange systems, just basically the wallet staking on one's own machine.

Stay away from new projects, and go old school man. You'll get burned HARD by new POS coins, a friend of mine lost nearly everything buying B3coin which had an enourmous 10,000% annually ROI on staking, which made the coin demand pump insanely high, and then fall HARD (due to inflation).

Check Blocknet, which yields around 18-20% currently, rock solid project from 2014, which have much more going on for them than just "staking", in fact you can profit off of their DEX if you run a service node (5000 coins required), or profit from their decentralized oracle network, once launched (in beta now). They are also working towards a better Infura solution, which can handle billions of requests/day. It's a project focusing around blockchain interoperability, which is pretty damn cool.

fullhdpixel

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Quote from: bitgolden on April 14, 2020, 04:30:09 AM

Please do not look for new coins as that must be more riskier way but choosing existing coins for staking purpose will be more profitable in coming days. I do stake reddcoin and clam coin which are highly trusted old POS coins and I am recommending to go with them right away.

Other than POS coins, you may think about investing into waves and tron which are also providing POS functionality indirectly. You can lease out waves to earn waves on daily basis. Trust wallet allows you to stake tron to get daily rewards. I just read about brave browser which is providing various crypto rewards and BAT tokens is one of them. I am also thinking about making use of it.

You came up with a lot of useful information on POS coins and other passive income streams. So far, I do make some passive income only from freebitco.in which is paying me daily interest for my balance I hold with them.

I never think about investing with POS coins and masternode coins because most of the getting dumped over the time which means even with the new rewarded coins, we will not be able to recover our initial capital. This had happened with the many masternode coins so I was thinking about staying away from such investment things.

paramind22

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Totally disagree with many of the posts here.

1: Staking is merely distributing the blockchain just like Proof of Work
2: I stake about 15 different coins on 4 dedicated staking machines. All the coins I picked started out (for me at least) as low sat coin. Staking at home decentralizes crypto which was the original intention.
3: You don't have to use a staking pool. If you have coins offline like you're supposed to, why not earn "interest" or mine without having to buy expensive equipment?
4: The community is what makes the coin. If these coins fail, it's because most of you are too stupid to get involved.
5: Some of the coins I stake are: CompoundCoin, VersionCoin, TruckCoin, HoboNickels, Stronghands, Mint, 1337, InflationCoin, Bottlecaps, Stackbit, InflationCoin, BitcoinTalkCoin, Stackbit, RAIN, OverpoweredCoin, and Proof of Stake coin.

leea-1334

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Temporary forum vacation

Quote from: paramind22 on April 14, 2020, 12:10:34 AM

Would like to find a new, high enough percentage staking coin. Kind of hard to buy coins that are higher priced as the price usually ends up falling. Anyone know of any, in the 1-10 Sat range? I am hoping to stake in the old way, without strange systems, just basically the wallet staking on one's own machine.

You sort of answered yourself, you know staking coins eventually fall in value. I'm talking about POS coins designed just to stake and have no utility of course,,, ETH when it becomes POS could be different because it actually has lots of utility. You should give up staking coins unless you have a lot of resources either in hosting nodes or buying up the coins needed to stake as nodes.

southerngentuk

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Do not try to buy altcoins so cheap at the moment. It is better to choose better altcoins and have higher prices in this market. Like ONE or Tezos, these are the best altcoins in this market and their prices are frequently pumped by exchanges and investors.

KaratX

member

Activity: 252

Merit: 29

Sovryn - Brings DeFi to Bitcoin

I heard that staking coins requires you to send out your tokens to another wallet address, can someone tell me how safe this is? I believe that once a coin leave your wallet it's no more in your control that's why I can't stake coins on exchanges that few top exchanges are introducing

jossiel

hero member

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1-10 sats for the price of that coin? You'll get almost nothing with those coins. If I'll stake, I'll stick to the common and established coins like:

- Tezos
- Neo

But if those are not of your taste, likewise, I'll suggest to buy bitcoin for now.

bitgolden

legendary

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Leading Crypto Sports Betting & Casino Platform

Please do not look for new coins as that must be more riskier way but choosing existing coins for staking purpose will be more profitable in coming days. I do stake reddcoin and clam coin which are highly trusted old POS coins and I am recommending to go with them right away.

Other than POS coins, you may think about investing into waves and tron which are also providing POS functionality indirectly. You can lease out waves to earn waves on daily basis. Trust wallet allows you to stake tron to get daily rewards. I just read about brave browser which is providing various crypto rewards and BAT tokens is one of them. I am also thinking about making use of it.

XCANA

full member

Activity: 1456

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Want to share my little experience with you; POS coins should be avoided except very few that are genuinely ready for the staking. Some years back I choose a coin that I stake and later loose all my investment in them due to their carelessness(name of the coin withheld). When staking with your savings be sure to save on the right hands because you're not in control of your savings but the stakees

Probably i would rather advise anyone to invest in Bitcoin for a long-term than staking with scammers who will disappear with your savings.

ahmedtanjid

jr. member

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Living my life.

Instead, you can think about saving your assets in exchanges, some of the exchanges provides good APR. These are risk free. For example, you can try kucoin share (KCS).

Chivas Regal

member

Activity: 88

Merit: 13

Cheers!

Why only stake with new coins? Surly there must be older coins with an established track record that can provide a decent return on investment that meet your requirements - pick some up on an exchange for pennies, download and stake in the background.

KaratX

member

Activity: 252

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Sovryn - Brings DeFi to Bitcoin

Beware of too good to be true ROI from new proof of stake coins, stay away from 1-10% or more returns daily, they are Ponzi scheme, go for popular staking coins like Tezos, cosmos, pivx, neo, dash etc

dingo25

newbie

Activity: 62

Merit: 0

IMPORTANT!!!

Never buy proof of stake coins that do not have a max supply and don't have a use case.

That being said, if you want 2 good coins to stake that will increase in value in the future, here they are:

1. KuCoin Shares - https://coinmarketcap.com/currencies/kucoin-shares/

-Kucoin crypto exchange gives 50% of its overall trading fee to the holders of the token. This is one of the most safe investments you can make.

2. POLIS - https://coinmarketcap.com/currencies/polis/

-Polis is still in development, but they have a working app and a debit card that allows people to spend crypto anywhere just like fiat. They are still in the testing phase and only have a market cap of 5 million so they have a good chance to grow in the future.

BONUS. Binance Coin - It's not a staking coin but i recommend you get some.

yazher

hero member

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You own the pen

Quote from: Ryushin on April 14, 2020, 12:36:38 AM

Finding new POS coin with high returns can land you into trouble, you can easily become a scam victim if care is not taken, I advice you to choose from staking coins that are available already with highest annual return of 12-18%, be careful what you seeking for.

Yeah! this is good advice because as for myself, I hold some POS coin that became scam after a few months because I never heard any developments nor updates and the admin in the telegram disappeared. later I found out that this was some kind of a runaway scam or known as pump and dump coin. POS coins are more prone to this because they can easily attract people base on their return percentage which is hard to resist if you don't have enough knowledge of this kind of stuff. If you want to invest in POS coin better to choose the one that already been there for years.

restuibu

full member

Activity: 994

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because so many coins like this and I have lost a lot of money so until now I no longer believe in POS coins, most of them scam
I also heard that AG8 will also release staking soon, maybe you can try to buy it on BIBOX because the price is now only 3 cent

coin_1122

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Quote from: Bttzed03 on April 14, 2020, 02:18:38 AM

There were plenty of POS coins in the 1-10 price range back in the 2017 and I even tried a couple of them. What happened is that they ended up being dead or had some issues with transitions that made the community leave the project.

Taking a gamble on low cap POS coins is too risky but if you insist, how about you check them on websites like https://poslist.org/ ?

Agree, from 2017, to till date there are some coins who are promptly giving their staking rewards. That's why we should always choose them wisely from this website www.stakingrewards.com, even though they will share lower percentages when they start recovering the price of a coin will be high.

Bttzed03

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https://bitcoincleanup.com/

There were plenty of POS coins in the 1-10 price range back in the 2017 and I even tried a couple of them. What happened is that they ended up being dead or had some issues with transitions that made the community leave the project.

Taking a gamble on low cap POS coins is too risky but if you insist, how about you check them on websites like https://poslist.org/ ?

TheUltraElite

legendary

Activity: 2828

Merit: 1213

Call your grandparents and tell them you love them

I see a lot of people are posting about PoS coins and staking coins but do you all realize that in general when you are storing your coins as a pledge/collateral to gain more coins as a "passive income", you are exposing your money to being stolen as well. More so if you have to send them to a wallet to store and not holding them in your own wallet. You are not in control of your private keys then.

The wallet software could be malware too, if you are not careful with using a sandbox to test it first. More so because everyone in this forum is looking for methods to make money and that allows hackers to set such traps.

Keep your view limited to bitcoin and you will be much safe. I have said this in many such threads previously as well, still I see newbies getting hacked and scammed.

mindrust

legendary

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PoS is a scam. Better buy a finite supply well known coin like... bitcoin. You are not just wanting to buy a PoS coin but a newly established one which quadruples the scam you are buying. Go for it if you want to lose money.

ZaraCB

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I think Algorand (ALGO) is the newer staking coin with 8-10% annual return in Binance.

You can find more info from below link:
1. https://changelly.com/blog/algorand-algo-price-prediction/amp/
2. https://www.algorand.com/
3. https://coinmarketexpert.com/staking/.
Best of luck.

Topic: Any good new staking coins coming on the market? (Read 114 times)