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Topic: Does staking even make any sense - page 13. (Read 8458 times)

jr. member
Activity: 658
Merit: 1
May 01, 2022, 03:44:10 PM
Try different variants of staking and it is all time works in big -- If you will stake stablecoins - better go to the bank and you will have better percents!
jr. member
Activity: 168
Merit: 4
May 01, 2022, 03:40:28 PM
First of all, staking in bear season is the best time to stake coins. Try this and see what you accumulated by the time the market picks back.

However, The return you get on a stable coin like usdt can never be compare to what you get from these DeFi projects. And I think NFT staking also happen to be one of the best go ever happen as it yields good profit.
full member
Activity: 1176
Merit: 100
Vave.com
May 01, 2022, 01:50:00 PM
newbie investors might find difficulties on extent as managing plan on investment and needed of utility to helps as improving situation. as decision to work with the customs of staking might not gives of reference as improving loyalties as part on newbie investors to work on dedication with the manage of tasks of fundamental evaluation of the token.
they needs of shorter way to work with use of their resource as returns with the customs of staking might stands with the distance of terms on progress with the acceleration on newbie investors to return with the same or similar plan on repetitiveness.
copper member
Activity: 95
Merit: 0
May 01, 2022, 01:48:28 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

During the fall of the market profit from staking do not compencate the lose of the price fall.
That is why many people stop staking and sell their tokens.

There are a lot of staking projects but also among staking projects there are a lot of scams which promise a big profit but do not pay it.
sr. member
Activity: 1288
Merit: 231
Hire Bitcointalk Camp. Manager @ r7promotions.com
April 30, 2022, 02:02:47 PM
For me I see no much gain in staking any stable coin on Binance. Where I enjoy staking currently now is rebase.. were are users can just hold token and the interest will be increasing every day by day almost 1.9% of users total holding which is almost 100% APY within a month.
Tokens like
1. Astake
2. Sphere finance which is under Polygon Smartchain.
copper member
Activity: 36
Merit: 0
April 30, 2022, 01:44:02 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 especially popular when cryptocurrency market rise and holders can increase their profits from holding.
But when cryptocurrency marekt falls the demand in the staking discreases.

During the fall of the market profit from staking do not compencate the lose of the price fall.
That is why many people stop staking and sell their tokens.
jr. member
Activity: 115
Merit: 1
April 29, 2022, 03:57:05 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

Many people are looking for new and prospective projects for investment and participating in staking.
Usually investors prefer to stake in the projects with high income.

Staking especially popular when cryptocurrency market rise and holders can increase their profits from holding.
But when cryptocurrency marekt falls the demand in the staking discreases.
hero member
Activity: 1113
Merit: 507
Don't Get Involved
April 28, 2022, 05:00:13 PM
Some staking list coins could be priority if you want get profit and passive income less risk, but always have bad thing when you try with staking without stable price of some coin

  • AXS 70% APY
  • SFUND 75% APY

Still favorite for my decision with both coins but always keep mind when bitcoin drop both coin above AXS and SFUND not stable on the top price, but keep worth with stable APY for AXS and SFUND coins.
I'm staking AXS but I've got a very small amount of it. But I'm good with as if it's just going to be there for years and will see how much it will gain.
Those that have thousands of it or the early whales or those who have bought hundreds to thousands of it before the pump, they're now enjoying their daily gains as they stake it.
Early entry staking on AXS most lucky trough still have lower price, but bad thing for every one bought AXS on higher price above $100 because drop almost 50% right now and stuck on $47. This risk from staking coin when entry with higher price always have potential loss much assets but profitable for early entry staking trough AXS still on lower price. I think not good thing if try with staking on AXS right now but still have potential price up happen last several week from $50 reach until $70 before drop under $50 nowadays.
copper member
Activity: 98
Merit: 0
April 28, 2022, 03:14:05 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

Now staking is very popular and in demand.
But usually people do not pay attention to the tools and products that offer staking platform.
They pay attention to profit of staking platform.

Many people are looking for new and prospective projects for investment and participating in staking.
Usually investors prefer to stake in the projects with high income.
hero member
Activity: 2534
Merit: 605
April 28, 2022, 01:24:52 PM
I will laugh even harder for the amount of money you put into staking and expect something bigger than that in return.
-Put that money in the bank and see the huge difference.
-Put $100k into staking to stable coins and see the huge difference.
-Put that money into a project that has high risk high return and see the difference.

Otherwise If you don't enjoy the return, then go ahead and buy Bitcoin and hold it. That's another option in earning more than that $95 in a year. However, that depends If the market becomes bullish again next year.
People do not really realize how much nearly 10% return is. I mean they never really considered crypto investment as a stable thing, so when they see a stable"ish" levels of return they do get weird about it. To them, if they want something realistic and normal then they would have stayed in the fiat world and never come to crypto world, but since they are here that means to them they should be making like 500% returns a year or something.

I personally stake everything I can, maybe people do not know this but you could "stake" or basically earn interest because it is not staking in the correct sense of the word, bitcoin, bnb, eth, ltc, usdt, busd and all that. These are trusted coins or stablecoins, and I love the results.
hero member
Activity: 2156
Merit: 685
April 28, 2022, 12:27:02 PM
I think people are not looking for pleasure, they are looking for profitability. Staking on some platforms is risky yes, but the annual rates can be very high. Instead, they prefer lower annual rates and more reliable projects. Go to the bank and ask how much it will earn you annually. After that, you will understand why people prefer cryptocurrencies. Defi is a really good model and a good source of income for many investors.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
April 28, 2022, 12:23:13 PM
I will laugh even harder for the amount of money you put into staking and expect something bigger than that in return.
-Put that money in the bank and see the huge difference.
-Put $100k into staking to stable coins and see the huge difference.
-Put that money into a project that has high risk high return and see the difference.

Otherwise If you don't enjoy the return, then go ahead and buy Bitcoin and hold it. That's another option in earning more than that $95 in a year. However, that depends If the market becomes bullish again next year.

Staking is actually good if you know how to play your cards right. The crypto market is extremely volatile so you could risk losing it all in an instant if you make a small mistake. Banks are a much safer bet but the returns are very low. What to do with your money is entirely up to you.

While staking does come with its benefits, I believe you'll achieve greater returns buying and "hodling" Bitcoin in the long term. After all, Bitcoin's the best-performing asset of all time. As long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my opinion Smiley
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
April 27, 2022, 06:29:57 PM
Some staking list coins could be priority if you want get profit and passive income less risk, but always have bad thing when you try with staking without stable price of some coin

  • AXS 70% APY
  • SFUND 75% APY

Still favorite for my decision with both coins but always keep mind when bitcoin drop both coin above AXS and SFUND not stable on the top price, but keep worth with stable APY for AXS and SFUND coins.
I'm staking AXS but I've got a very small amount of it. But I'm good with as if it's just going to be there for years and will see how much it will gain.
Those that have thousands of it or the early whales or those who have bought hundreds to thousands of it before the pump, they're now enjoying their daily gains as they stake it.
hero member
Activity: 1113
Merit: 507
Don't Get Involved
April 27, 2022, 06:27:10 PM
Some staking list coins could be priority if you want get profit and passive income less risk, but always have bad thing when you try with staking without stable price of some coin

  • AXS 70% APY
  • SFUND 75% APY

Still favorite for my decision with both coins but always keep mind when bitcoin drop both coin above AXS and SFUND not stable on the top price, but keep worth with stable APY for AXS and SFUND coins.
sr. member
Activity: 1386
Merit: 451
April 27, 2022, 05:48:36 PM
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?.
Why you should have noticed while staking.Be sure to notice before doing anything. When you go to start staking, of course, one percent of what you do for a day is show below.And how much profit will come in a year is definitely show below.
sr. member
Activity: 1162
Merit: 260
April 27, 2022, 05:22:42 PM
Now staking is very popular and in demand.
But usually people do not pay attention to the tools and products that offer staking platform.
They pay attention to profit of staking platform.
they only focus on yearly rate ratio , no matter about utility or price future when it staked. when we decided to stake make sure we are ready if get impermanent loss in staking periode. some people not ready wth condition and prefer to unstake it. several projects also have stake drop campaign that usually come to cosmos ecosystem.
this is kinda true so many stakers getting fixated in the yearly return of investment even though this could be very well meaningless if the project that they are staking in eventually flops at the end of the day.
utility and fundamental of a project should also be of concern if ones trying maximize their profit from staking, just imagine having the staking period almost finished and at the same time the valuation for the project has increased significantly due to bullrun.
meanwhile the meme coins that offers tremendous amount of APY losing value day by day and eventually makes the valuation next to dust and the time that we spent for staking eventually becoming meaningless.
sr. member
Activity: 1624
Merit: 341
Buzz App - Spin wheel, farm rewards
April 27, 2022, 04:15:37 PM
Now staking is very popular and in demand.
But usually people do not pay attention to the tools and products that offer staking platform.
They pay attention to profit of staking platform.
they only focus on yearly rate ratio , no matter about utility or price future when it staked. when we decided to stake make sure we are ready if get impermanent loss in staking periode. some people not ready wth condition and prefer to unstake it. several projects also have stake drop campaign that usually come to cosmos ecosystem.
legendary
Activity: 3248
Merit: 1179
April 27, 2022, 04:01:16 PM
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?.

People stake money instead of just leaving it and looking at it without growing. At least you earn 95 usd without doing anything.
So, its something. And imagine staking 100 thousand Usd. We can also say. Staking with low APY is only for the rich

Exactly that Cryptoababe, staking with low APY is only for the rich! The math is simple, OP chose 9.5% APY per year, invested $1000 and he got $95 for that! It's something, as you said, without doing anything! It's a stable coin, so no risk of a price drop!
I like to choose riskier staking options, and I must say I am satisfied with that! It's not something we do for a quick profit, I like to stake different coins and it's how I earn them, with a bit of luck one of those coins can do something more in the future!
copper member
Activity: 27
Merit: 0
April 27, 2022, 01:16:04 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

Now a lot of new staking projects appear and investors have a big choice where to invest their money.
First of all it is necessary to check how usefuls is a project to understand the demand in it and in its products and tools.

Now staking is very popular and in demand.
But usually people do not pay attention to the tools and products that offer staking platform.
They pay attention to profit of staking platform.
sr. member
Activity: 2282
Merit: 470
Telegram: @jperryC
April 27, 2022, 01:13:18 PM
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?.
They are not all have the same return to you, most of the time the lower the return the many people stake into it like in Binance. If you are looking to a high yield staking, it could be risky. I usually don't trust staking that offers more than 30%-40% APY so be careful in joining high yield staking.
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