Do you recommend staking? - page 3. | Bitcointalksearch.org

TastyChillySauce00

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there is high gas fees if you can pay but also be mindful

The high gas fees only happened in ethereum, in BSC it's pretty cheap and if you use exchange to stake maybe some stablecoins it has really low fees and maybe the stablecoins also can be used in BSC.That's why if you think the fee is pretty high you should avoid using ethereum.
But staking stablecoins give low APR because its doesn't have the risk of fluctuation and also many people are staking stablecoins.

lepbagong

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For now, maybe alternative staking is still new and there are many enthusiasts because it is almost the same as deposit only and the funds we save will produce for a certain time. but along the way, we will also not know that if there are many interested people, then the funds absorbed will be large and it is certain that the results that will be obtained will also decrease due to the increasing number of participants. So far there has been no other experience for staking whether there will be any impact if the funds continue to drop in price or the holder resigns.

koang

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Quote from: RBLT on August 18, 2021, 07:01:10 AM

A lot of people seems to like staking. All my friends too, love staking because of the profit they can get for long-investment. I, myself haven't tried it yet but i think staking is reccomended thing to do.

And maybe i will to, staking in the near future

Crypto staking is the safest way of earning profit in the crypto-asset ecosystem. Imho
Unfortunately, crypto staking often has a fairly large entry threshold (just for a big investor)
But don't worry, for small investors, there are still opportunities to get passive income from crypto staking, one of which is the SAT coin (Smartx)
SAT Coin Has a very low entry threshold and one of the highest APY in the market which makes it affordable and profitable. DYOR

cheezcarls

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Staking some Ethereum would be good if you can manage your risks. It locks up your funds for a certain period of time but gaining interest in the form of coins or tokens. You can also look at the APR or APY of it and the other factors as well. yes it’s passive income for sure, but once again just stake an amount that you’re willing to lose.

RBLT

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A lot of people seems to like staking. All my friends too, love staking because of the profit they can get for long-investment. I, myself haven't tried it yet but i think staking is reccomended thing to do.

And maybe i will to, staking in the near future

MoneyJ

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Staking is one of the features cryptocurrency that is what people attracted to. Traditional finance cannot even offer such. So definitely I would recommend staking. Staking keeps the network secure while as a user the staked asset can grow over time.

kak uli

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Quote from: bitsnbits on May 25, 2021, 08:03:07 AM

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!

how about you hold on to the ethereum you have in your wallet longer?
because in this case I see it is better to use the long-term method to benefit you more, because in my opinion the long-term is a better strategy in this case because it will prevent you from selling when the price fluctuates. usually if it is implemented then this trade will be more in favor of you or other holders by getting big profits in the future

flyeers309

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Quote from: bitsnbits on May 25, 2021, 08:03:07 AM

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!

Staking is a safe way to get passive income for people who are not very good at trading or have more activities in real life.
Your choice is right but so far I have never tried staking ethereum. If we talk about staking, because we are talking about long-term investments, stable coins can be a good choice, or as you choose, coins with good development and have an increase price from year to year can provide satisfactory profits.
just a reminder, choose trusted platform especially if we have little time to check the state of our staking

fileo

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Staking is good strategy to earn passive income by holding while waiting the possibility to have some beautiful moments to happen in the future. Yes, a lot of coins has a good apr but you cannot appreciate the daily profit if you have only few tokens in it. The more you have coins the more the higher the daily profit. Binance exchange has a lot of staking. It depends on you which you will choose. Another site is pancakeswap.

cabron

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Quote from: ardydyon on August 17, 2021, 10:09:46 PM

We are currently seeing staking as a new option for people who invest in crypto.Because by storing money in staking we get interest from the coins we staking.staking is safe for us because the flowers we receive in accordance with what we get are promised and returned to our wallets at a time.I think at the moment the staking is good for eth you can try done in binance.There are many offers staking with high interest.In addition to eth, other altcoins also offer many staking flowers that can be staking with a period of 1 month, 3 months or 12 months with varying and of course profitable flower variants.because I have also tried staking in binance is very safe and profitable for those of us who invest in crypto for a long period of time.

Staking is earning in a slow phase but its good as long as you have chosen the right project to invest in. I have some POS tokens myself that I have put my trust into like ADA. Its earning every week but not big enough but its accumulating.

Staking in Binance exchange though is not recommended, you should just do it on your wallet. You have been here long enough and must have heard about that steemit fork.

Sithara007

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I have tried staking with a number of coins, but unfortunately none of them worked for me. I don't want to discourage anyone, but this is what happened to me. Back in 2018, I had invested in several PoW coins. All of them returned heavy losses for me. Now imagine this, keeping the laptop on for 24x7, and then incurring a loss because the exchange rates have gone down. Maybe because 2018 was such a horrible year for cryptocurrency. Anyway, I don't want to invest anymore in PoW coins. That decision was made years ago.

ardydyon

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We are currently seeing staking as a new option for people who invest in crypto.Because by storing money in staking we get interest from the coins we staking.staking is safe for us because the flowers we receive in accordance with what we get are promised and returned to our wallets at a time.I think at the moment the staking is good for eth you can try done in binance.There are many offers staking with high interest.In addition to eth, other altcoins also offer many staking flowers that can be staking with a period of 1 month, 3 months or 12 months with varying and of course profitable flower variants.because I have also tried staking in binance is very safe and profitable for those of us who invest in crypto for a long period of time.

efxtrader

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Quote from: letyouearn on August 17, 2021, 04:02:03 PM

I prefer investing and slow trading, secure staking has too small interest rates for crypto market. The only coin I stake from time to time is BNB - I use Binance Vault for this.

In my opinion, staking is useful for investors who plan to make long-term investments. In addition to holding their coins, they also get high interest from staking. Trading can be a good alternative if you have the ability to do technical analysis

tanjiran

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Quote from: letyouearn on August 17, 2021, 04:02:03 PM

I prefer investing and slow trading, secure staking has too small interest rates for crypto market. The only coin I stake from time to time is BNB - I use Binance Vault for this.

if you have the ability in market analysis and sufficient experience then trading is indeed the best choice, by taking advantage of price volatility to make a profit.
if you don't have market analysis skills then staking is the best alternative to get passive income, but you need to carefully review the platform or exchange where you do staking, its security must be really ensured because we deposit assets there. Staking is quite effective for those who have difficulty keeping up with price volatility.

letyouearn

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I prefer investing and slow trading, secure staking has too small interest rates for crypto market. The only coin I stake from time to time is BNB - I use Binance Vault for this.

tygeade

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Staking only works if it is a project that can last, there are many many projects that started with farming/staking and their tokens became as little as possible, nobody really bought them and the price crashed big time. I do not really believe that staking is good in those projects, which means that there is no inherently good staking, it all depends on the projects themselves.

I personally believe that we should focus on the fact that some projects are good, like pancakeswap for example and if you want to do staking on those projects then it is good, in that case it is not the staking that is good it is the fact that you are doing it on cake. Like if bitcoin turned into proof of stake then I would totally do that as well, not like I am doing anything else with it, better to stake then just sit idle by, and when ETH turns into 2.0 and becomes proof of stake, I will do that too, it is about the project and not about staking directly.

Gbniman

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Staking is good it makes you a Holders of coins it Totally worth it! Staking crypto is pretty easy and if prices go down you can automatically average your entry prices, so when its going up again, you will be much much faster in the winning zone.
Staking has become so popular is because it enables crypto holders to earn substantially higher APY’s than traditional savings accounts or money market funds, i will say staking is good.

Evgenklm

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If there is such a possibility, then of course it is worth trying and getting devidends , and why not turn to defi exchanges, such as uni, divide ETH or add stablecoins and find higher % on farm.

labenea

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Yes ,Staking is actually very good but it takes patience for it and if you start here you must be prepared to hold coins for a long period of time, because in staking you have to be strong in holding and it takes quite a lot of time for you to profit. but this is better than nothing.

Gayong88

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One of the Cryptocurrency Deposits. For ETH itself, it's a good investment for me. For locked staking, ETH is better compared to stock dividends, then locked staking is more profitable even though it's riskier.

Topic: Do you recommend staking? - page 3. (Read 6473 times)