Does staking even make any sense - page 11.

Anonymous100

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Quote from: Republikcoin.com on April 06, 2022, 10:38:46 PM

Quote from: Anonymous100 on April 06, 2022, 01:11:19 PM

They do staking just to keep the balance by getting a little extra balance. It is customary for stable coins to only get returns below 10%. Apart from that, many are staking to hold coins in the long term. They will benefit from price changes and from increasing the number of staking coins. If the coin price drops of course they continue staking.
That is, we do staking not expecting profits from staking, but from changes in coin prices. Of course it will be a loss if we stake for stable coins.

Stablecoins are only suitable for storage and are only suitable for buying other coins when the coin price is in a low condition, because stablecoins are not suitable for staking and any trading.
And besides stablecoins, I think almost all coins are suitable for staking if the coin has a certain support for staking to increase the number of existing coins.

Indeed stable coins hold him to buy other coins when the coin price is dropping. However, stable coins can also be used for staking so that assets grow without risking losses when the market goes down. This is different from coins in general when we stake. We have the potential to get a bigger profit or loss even to zero price. Unless they only stake for a short period of time, 1 to 3 months.

LaCucina

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Quote from: Kusunoki_Samurai on May 10, 2022, 08:39:06 AM

Quote from: cryptosru on April 06, 2022, 06:03:23 PM

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

More and more people use cryptocurrency including for investment purposes.
But because the fall of the market many people sell their crypto assets and leave the market.

Now all the markets falls. Stock market falls, the shares of IT project falls, gold falls too.
And where to invest money in such difficult financial situation? Huh

Kusunoki_Samurai

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Quote from: Edain Software on May 07, 2022, 12:14:26 PM

Quote from: cryptosru on April 06, 2022, 06:03:23 PM

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

The conditions of the market depends on the economic situation in the world. The price of cryptocurrency depends on demand in it.
Now adoption of digital assets grow and the demand in cryptocurrency increases.

More and more people use cryptocurrency including for investment purposes.
But because the fall of the market many people sell their crypto assets and leave the market.

adiebitsler

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Merit: 509

Quote from: bonyaserg on May 10, 2022, 12:59:24 AM

Personally, I believe that in order to bet and have a positive result, you must already have a good experience. But in order for the bets to be profitable, you need to bet a fairly large amount. And if there is no large amount to bet, then there is no point in betting.

The problem is when betting in large enough amounts, indirectly everyone has to be willing to have their capital held in a certain platform to be able to get very good profits, while the duration of time will also be very different because everyone does not have a lot of capital just to invest. one job only.

bonyaserg

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Personally, I believe that in order to bet and have a positive result, you must already have a good experience. But in order for the bets to be profitable, you need to bet a fairly large amount. And if there is no large amount to bet, then there is no point in betting.

Frengki_cisco

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Quote from: Ketesnuko on April 06, 2022, 04:42:25 AM

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

That's not a piggy bank investor trick, your $100k would not even think about turning or slamming your laptop.

Investors aim for USDT within one year they really do with big capital, if capital 2 BNB you will be disappointed for that.

Eureka_07

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Quote from: Ketesnuko on April 06, 2022, 04:42:25 AM

How do people even enjoy staking their coins and tokens? I'm confused, yesterday I tried to stake some amount of stable coin aka USDT on Binance Exchange and it is worth 1000$ but the return on this in a year is 95$ lol, I laughed so hard that I almost flipped my laptop, why the heck people doing this?.

I don't really like yearly staking. I would prefer to go after the shorter terms for stakes. And most of the time it is much better if you will be able to be an early bird which buys the token (if not stablecoins). In your yearly, do not expect to gain a lot since you choose to stake USDT (it is less risky since USDT is a stable coin). Low risk low, return. There are staking pools which you can go in an out every time of the day, that's what I prefer the most.

i8v8i

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Quote from: First_on_the_Moon on May 08, 2022, 10:46:48 AM

Quote from: cryptosru on April 06, 2022, 06:03:23 PM

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

Staking makes sense when cryptocurrency market rise and thanks staking it is possible to increase profit from investments.
But when cryptocurrency market falls the popularity of staking falls too.

The opportunity to earn passive income attracts a lot of money to staking. But staking is popular when market rise, when market falls the profit from staking does not compensate the loses from the fall of the market and staking becomes not popular.

blue_hurricanger

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Staking's rate is that low because it was meant for stable coin or USDT, dude. You may see it very low compared to other crypto staking and apy rate and think it's kind of shitty but ever why are investors still staking with that rate? Cause it's safe and legit from the Binance exchange and is better than the interest rate in fiat banks so I don't think you should consider it lightly.

First_on_the_Moon

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Quote from: Edain Software on May 07, 2022, 12:14:26 PM

Quote from: cryptosru on April 06, 2022, 06:03:23 PM

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

The conditions of the market depends on the economic situation in the world. The price of cryptocurrency depends on demand in it.
Now adoption of digital assets grow and the demand in cryptocurrency increases.

Staking makes sense when cryptocurrency market rise and thanks staking it is possible to increase profit from investments.
But when cryptocurrency market falls the popularity of staking falls too.

Furious 7

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https://duelbits.com/

Actually there is nothing wrong with that because it is something that is quite profitable and indeed many have done things like that too.
For people who are really good at trading or indeed they can take advantage of something, maybe it seems like a small thing, but if we really don't want to do anything and get additional income but the risk is small, of course this is the right thing.

max6575

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Vave.com

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Pamadar

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Quote from: molsewid on May 06, 2022, 03:52:50 PM

Quote from: Rasa nanas on May 06, 2022, 01:51:28 PM

if you do not stake the USDT you have then the value of the assets you own in the coming year remains at $1k because the USDT value does not change. with stake the amount of USDT you have in the coming year will increase from 1000 to 1095. people who do this are risk averse because stakes other than stable coins have the risk of decreasing the price of the coin.

I agree, it will remain the same if he will not stake it but if he do there's a small to big changes will happen in the total amount he stake. Staking is better if the amount you are holding is big and the apy looks promising, but the cons in some coin is the price might go deeper depending to the market situation.

The very purpose of doing your research, but if you are a conservative type of investors,

Staking stable coin and gaining a small amount of stake rewards but very passive is the first thing that you have in mind,
there are people who know how to play with this kind of investment, some are risk takers who choose to invest and
stake with crypto and see if luck will bring them huge amount of stake benefits.

Edain Software

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Quote from: DeFi Doge on May 06, 2022, 03:06:03 PM

Quote from: cryptosru on April 06, 2022, 06:03:23 PM

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

After the fall of the market will be rise but it is very difficult to predict how long will be a fall of the market.
A lot depends on the economic situation in the world.

The conditions of the market depends on the economic situation in the world. The price of cryptocurrency depends on demand in it.
Now adoption of digital assets grow and the demand in cryptocurrency increases.

roslinpl

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Activity: 2212

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I had think,the staking play huge role to earn money.But it’s only useful,once you had stake minimum of 1million dollars.The less investment was small investors will give the tokens.The gifted token price will reach high in short period.It just need of huge investment.This staking can be replaced with the opinion of investment in the trusted project of longer period.

molsewid

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Quote from: Rasa nanas on May 06, 2022, 01:51:28 PM

if you do not stake the USDT you have then the value of the assets you own in the coming year remains at $1k because the USDT value does not change. with stake the amount of USDT you have in the coming year will increase from 1000 to 1095. people who do this are risk averse because stakes other than stable coins have the risk of decreasing the price of the coin.

I agree, it will remain the same if he will not stake it but if he do there's a small to big changes will happen in the total amount he stake. Staking is better if the amount you are holding is big and the apy looks promising, but the cons in some coin is the price might go deeper depending to the market situation.

DeFi Doge

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Quote from: Dragonbite on May 05, 2022, 10:19:21 AM

Quote from: cryptosru on April 06, 2022, 06:03:23 PM

Now staking is very popular because it requires to earn more income. Especially staking popular when market rise. But a lot of depends on the projects. Now appear a lot of projects that offer many useful things and products like this https://twitter.com/InpulseX_io/status/1511365325950005252

A lot of new projects appear when cryptocurrency market rise but when market falls the deman in cryptoassets is not so high. During the fall of the market people lose their interest in cryptocurrency.

After the fall of the market will be rise but it is very difficult to predict how long will be a fall of the market.
A lot depends on the economic situation in the world.

kesmex

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Staking can give you a lot of profit, but not all altcoins have a high reward ratio, but indeed,
it can give you passive income every month, and when the bear market comes, staking will be a very helpful thing,
therefore you should try staking, maybe on Binance, because it's safer there

Rasa nanas

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if you do not stake the USDT you have then the value of the assets you own in the coming year remains at $1k because the USDT value does not change. with stake the amount of USDT you have in the coming year will increase from 1000 to 1095. people who do this are risk averse because stakes other than stable coins have the risk of decreasing the price of the coin.

rozak

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★Bitvest.io★ Play Plinko or Invest!

Quote from: ItsCrafty on May 06, 2022, 09:34:38 AM

I did not like to stake in exchange because I not found it safe and Apy is not good for me. Some exchanges change their rules for country and banned so this why I like to stake on best validator rather than exchange. CRO,Osmo and cosmos is best for staking. Osmo reward is best but now because of market condition it's price is very down.

The APY that the exchange offers isn't that great for certain assets. it's like a gamble if you have to stake an asset for a certain time only for a larger quantity profit, not a growing asset value.
I know the long-term progress to be made for the assets we stake. only then can we get the benefits. because some exchanges also provide offers for planning the time we stake. It all depends on our abilities and needs. 1 month, 3 months, or 1 year.

Topic: Does staking even make any sense - page 11. (Read 8481 times)