Topic: Do you recommend staking? - page 11. (Read 6494 times)
Staking would be very nice good decision if you stake a good coin. Staking ETH is definitely a very good future investment since ETH 2.0 is not just a big project but it's a huge project which supported by many communities and companies.
Staking is good if you have the money for it though I prefer mining coins instead because the risks are lesser this way, staking means you are giving out your money to CEX platforms for returns every month, it's risky if you ask me
Mining is a big headache for many because you need to monitor your rigs every time to time, also you need either free electricity or cheap electricity to enjoy mining but with staking things are just easier Staking is at its best during bear market. Though some will disagree that we are in bear market. The best time to stake is when the market is down and prices are cheap. I like to stake my coin for long term, staking long term actually relieve me of having to worry about daily price of my coin!
I understand that mate. I staked mine, as I don't plan on selling for many years. During the bear market I have that discipline to not sell the good stuff. I’m hold and gain interest. Stake the amount you're willing to hodl, don’t plan on selling on next 2-3 years. Find other places to stake for more rewards like APY that suite to you.
Staking is good if you have the money for it though I prefer mining coins instead because the risks are lesser this way, staking means you are giving out your money to CEX platforms for returns every month, it's risky if you ask me
I am not interested in staking on centralized exchanges. This is the risk and what will control their disease. Except for dead exchanges in Turkey. When the market drops temporarily for the retracement process. Betting is a valuable exit, I'm betting for Sovryn and some people on Polygon. Defi will continue to be hot. It just needs to improve liquidity big enough with users. 
I am sorry But I did not Recommend Stacking in My Religoin , Islam , Stacking is like a Sood and i am Not Doing Staking and also not recommendinh to anyone
This make me worry and confused when trying to staking coin because I see have the same way with saving money on the bank and get reward later, I see this have the same working and give more on staking. Better I try with trading and investing my money in cryptocurrency than have to stake coin. 
I am sorry But I did not Recommend Stacking in My Religoin , Islam , Stacking is like a Sood and i am Not Doing Staking and also not recommendinh to anyone
Stacking and staking are different.I didn't know that staking is against the belief of your religion. If that's really not allowed in your religion, you should obey your religious rules so that you're following your faith.
And if you're not recommending it, that's fine because it is what's being said about your religion.
I am sorry But I did not Recommend Stacking in My Religoin , Islam , Stacking is like a Sood and i am Not Doing Staking and also not recommendinh to anyone
Not only is Islam against the interest of staking. Other religious people don't agree to believe it. Even ETH 2.0 support staking program over 32 Ethereum. Even from now on, 80k USD isn't a low investment because Binance coin or Bitcoin investment could return you 6 times profit. This is the main reason now that I don't support staking programs. Staking rewards are lower during the bear market. 
I am sorry But I did not Recommend Stacking in My Religoin , Islam , Stacking is like a Sood and i am Not Doing Staking and also not recommendinh to anyone
I think it's obvious to everyone now that staking is a wonderful thing. It is especially good with those coins that have not yet grown in value.
Staking is an excellent tool in case of a long hold, because you don't just hold, you also get additional coins. A large number of holders allows the price of your coin to stay at a stable level.
Staking is an excellent tool in case of a long hold, because you don't just hold, you also get additional coins. A large number of holders allows the price of your coin to stay at a stable level.
The beauty of investing with staking coin, you are not just waiting for the value to rise but you also receiving staking rewards.
It's about how you trust the project and how you manage to do your research, the more understanding you have the more chances that
you'll be able to pick the right project to invest your money, everything will depend from how you deal with information about the coin that you'll going to stake.
Staking is at its best during bear market. Though some will disagree that we are in bear market. The best time to stake is when the market is down and prices are cheap. I like to stake my coin for long term, staking long term actually relieve me of having to worry about daily price of my coin!
When market bear and we are keep holding is the worth with staking but if have much money better I trade coin than staking, many profit get from trading than staking during market good and never get any crash dump price, but when price still down is good way if you hold and keep running with staking your assets. 
Staking is at its best during bear market. Though some will disagree that we are in bear market. The best time to stake is when the market is down and prices are cheap. I like to stake my coin for long term, staking long term actually relieve me of having to worry about daily price of my coin!
I think it's obvious to everyone now that staking is a wonderful thing. It is especially good with those coins that have not yet grown in value.
Staking is an excellent tool in case of a long hold, because you don't just hold, you also get additional coins. A large number of holders allows the price of your coin to stay at a stable level.
Staking is an excellent tool in case of a long hold, because you don't just hold, you also get additional coins. A large number of holders allows the price of your coin to stay at a stable level.
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?
Thanks!
Thanks!
I use Binance for Staking and have never used BlockFi. But you should also pay attention to the platforms that provide Staking services. Don't just look at a high APR. There is a possibility that a high APR will put your assets at risk.
As long as you are in for the long term. you can stake your ethereum in some projects but not all. some will encourage you to stake and then promise stakers some rewards. i must say that all my gambles in staking some of my token has left me in pains. i spend over 60usd to stake my eth in staked. today, the value of my rewards makes no sense. i may be leaving my token with them untill i got my rewards back.
I was looking at staking my ethereum. The interest rate seems good and I found BlockFi.com which seems to be around 10% (not guaranteed rate though). Is there a risk of losing coins and is staking recommended? For Ethereum, which site pays the highest APR and is the most reliable/safest?
Thanks!
Thanks!
If you are planning to invest in ethereum for the long term, then of course I would definitely recommend you to staking ethereum, because you can earn money from staking ethereum, but my advice is that you should staking ethereum on a popular exchange, because it is safer (for example you can staking ethereum on Coinbase, Binance or Coinbene).
Current bitcoin price not stable I not recommended to staking your assets, bad and very risk with staking because price dump and you get loss all your assets staking, but if you have bought at higher price and cut loss is not solution this good for staking and waiting until price going up to get profit back, but if you want entry now with staking is very risk.
Staking is a new way to get crypto coins, just like a deposit product that earns interest in a bank, but crypto staking is much higher in interest. and more interesting, but there are risks, but I still recommend it
It is recommended to people who want to keep their coins for a long time, staking also has a variant depending on the type of coin, the duration of the staking time, usually the one who stakes the longest will get a large return.
If you want hold coin in long term so yes i will suggest you yo staking.
If you want hold coin in long term so yes i will suggest you yo staking.
If any investors wants to hold a project for long term, sorting those staking coins and select the best one that offered realistic revenue is something to
consider, it's best to see that your investment is growing even you are just keeping it from your wallet.
It's your obligation to work things out finding the best project to invest your money, do a deeper research and always rely with your own judgement
in picking which staking project to invest your money.
Staking is good if you have the money for it though I prefer mining coins instead because the risks are lesser this way, staking means you are giving out your money to CEX platforms for returns every month, it's risky if you ask me
If you aren't very confident in yourself about trading or not really a day trader, then staking is the next good option for earning in crypto. There is always a catch in staking tho, that's any staking coin with too much % gain is very easily inflate and you will lose more than gain. So choosing a good coin to stake very much like investing in an altcoin.
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