Topic: Does staking even make any sense - page 7. (Read 8481 times)
In bearish market we have right now, staking is the best to earn while holding up your tokens or coins in exchange of little effort or even doing nothing at all. If you don't have plans to sell these times, then you might wanna stake your tokens/coins to earn more from it. It all depends the APR you wanna stake into and also depends on what coins or tokens.
Staking do make clear sense because it's one of those things that reduce risks and lose in Crypto space.
Risk is reduced because that you don't have to be active at all. But it's still there and the market will still have the effect whether it'll be positive or negative (moving up or down).Traders look forward to staking, even myself prefer staking than trading.
It is because anything that earns us money, we'll take that chance and opportunity even it's that low.Perhaps it's still risky doing both trading and staking, some tokens might come out to be less Profits while some tokens pumps massively. Staking is not 100% guranteed that you would make enough Profits after all, it still depend on the volatility of the market
That's so true, the market as I've said will still have that reaction whether we're trading or staking.now that the market is bad because of the recent bearish and dumps going on with coins, same thing will also apply to staking.
But what's good with staking is that you actually gain in coins without doing anything and btw, you can compare the rates that mycointainer has to other staking platforms that you're aware of. Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065
That is why it is important to carefully evaluate the potential of every project.
That is why it is important to carefully evaluate the potential of every project.
Staking allows to earn passive income that is why it is so popular.
But now it is very dangerous time for all cryptocurrency projects because all market falls and staking becomes not so profitable.
For projects with staking it is necessary to survive during the fall of the market. That is why it is necessary to check the development of the projects during the fall of the market. Not all the projects will be able to survive during the fall of the market.
Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.
so basically only staking if the trend is bullish.
also, better stake coins that are promising or has the possibility to increase their value over time. because if not, you will just lose in this process. some people are into this earning type because some are just waiting for the right time to sell off their coins. while waiting, why not increase the number of your coins, right? but definitely, not all staking coins are worth waiting.
Indeed, there are some that really give decent benefits after some time of holding it
but not all can be productive and the problem with the value is always the big question, you need to really
take time in sorting everything before you make your investment, staking coin is passive as long as your willingness
to wait is on you, it takes time so better to have longer patience.
Staking can make lots of sense when the aim is to stake for a long period of time. Staking is the same thing like holding your coins but with interest and we have different types of staking depending on what we really interested in. There are staking for a year and there's are ones for 6 months, 3 months, amd one month depending on what we care about. I prefer staking my coins now that the market is down with better APR.
Staking is definitely better than holding long term and letting the investment did nothing, after all if it's waiting for the coin having value increase, staking could definitely helps make gain a little in term of the investment.So basically it depends, if the investment is gonna be for long term holding, staking definitely makes a lot sense since it's just waiting.
Staking it helps you to increase the number of coins you hold instead of holding your coins will not increase. Staking is a good solution, choosing a safe stake platform is crucial, or else your assets will not fly.
Instead of holding in a bear market, stake is the solution to increase the number, but you have to determine a long-term holding strategy, because when you stake your coins will be locked for 3 or 6 months so you won't be able to sell your coins if the market suddenly recovers or you need cash.
Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.
so basically only staking if the trend is bullish.
also, better stake coins that are promising or has the possibility to increase their value over time. because if not, you will just lose in this process. some people are into this earning type because some are just waiting for the right time to sell off their coins. while waiting, why not increase the number of your coins, right? but definitely, not all staking coins are worth waiting.
Considering it do offers 10-12% APY or lesser but it wont really give out assurance since coin value does decrease which means it is really on high risk that you wouldnt really able to gain on
year time.So proper planning and choosing of coin is really that much needed or relevant on doing so. There are still people who are really that fan on engaging into Staking
and some doesnt really get some interest or consideration on touching up this area because it isnt really just worth.
Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.
so basically only staking if the trend is bullish.
also, better stake coins that are promising or has the possibility to increase their value over time. because if not, you will just lose in this process. some people are into this earning type because some are just waiting for the right time to sell off their coins. while waiting, why not increase the number of your coins, right? but definitely, not all staking coins are worth waiting.
Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.
so basically only staking if the trend is bullish.
Staking do make clear sense because it's one of those things that reduce risks and lose in Crypto space. Traders look forward to staking, even myself prefer staking than trading. Perhaps it's still risky doing both trading and staking, some tokens might come out to be less Profits while some tokens pumps massively. Staking is not 100% guranteed that you would make enough Profits after all, it still depend on the volatility of the market, now that the market is bad because of the recent bearish and dumps going on with coins, same thing will also apply to staking.
The sence comes in from
1. The amount of token you stake
2. The project which you stake on
Give a try with $LEDU and have no regrets
https://twitter.com/eduecosystem1
https://t.me/ledu_token
https://ledu.educationecosystem.com/
1. The amount of token you stake
2. The project which you stake on
Give a try with $LEDU and have no regrets
https://twitter.com/eduecosystem1
https://t.me/ledu_token
https://ledu.educationecosystem.com/
For me staking is a double edged sword. There are no guarantees or promises that you’ll make a profit with staking because these tokens are still subject to market volatility even if you have gained interest in the tokens itself for a certain period of time and not the price itself due that it’s so unpredictable.
The token that I consider to be decent in staking at least is AXS, but again it cannot give us promises in profits despite the number of users trading it in the market or using it for breeding in Axie Infinity. Because of the SLP going down and players are declining, it’s gonna be uncertain. Same thing for the other tokens out there like CAKE, etc., that are into staking.
The token that I consider to be decent in staking at least is AXS, but again it cannot give us promises in profits despite the number of users trading it in the market or using it for breeding in Axie Infinity. Because of the SLP going down and players are declining, it’s gonna be uncertain. Same thing for the other tokens out there like CAKE, etc., that are into staking.
With almost 10% interest it is very profitable greater than bank deposits which are even taxed. So why be confused? Staking is an option for people who have idle crypto funds who don't want their funds to be eroded by inflation. Staking actually makes the crypto world even more excited
Interest rate about 10% / year is a high interest rate, in real life we will not be able to find such an interest rate in any bank. Staking is a form for people who have idle money, large amounts of money, but for some reasons such as not having trading experience, they choose stakes to find a source of passive income. Although not as profitable as trading, it is safe and does not take too much effort.
If OP wants high profit you should learn how to trade, it can make a lot of profit if you are really smart.
Yes, that's right Staking is a safe way to play crypto with much higher interest than deposit rates at conventional banks. Instead of having the money consumed by inflation and small interest, it's better to exchange it for crypto and just staking it
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?.
The question is simple, you fight when the conditions are not right, plus you don't see which coins are worth betting on, a year is a long time for an investment, if you hold the wrong coins, then the risk you accept is exactly what you experienced, choosing the right coin is a way to maximize profits, although sometimes it doesn't always happen according to expectations, it is very important to analyze the coins we want to invest Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065
That is why it is important to carefully evaluate the potential of every project.
That is why it is important to carefully evaluate the potential of every project.
Now a lot of projects use staking to attract more users. So coin holders have a big choice what coins to hold.
Holding takes a time. That is why it is important to evaluate the future potential of evey coin you hold to understand how profitable and useful it will be in the future.
Staking allows to earn passive income that is why it is so popular.
But now it is very dangerous time for all cryptocurrency projects because all market falls and staking becomes not so profitable.
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This means that it is still quite speculative waiting for the shitcoin journey, instead of waiting for a stable price increase and getting big profits, but in reality the return is far from expectations, that's why I was never interested in starting investing in shitcoin, because of the risk we accept can not necessarily be maximized, although potential altcoins also have the same opportunities and different levels of risk.
But if you pay attention, the potential altcoins are much more stable, even if they move slowly and don't experience rapid increases.
But if you pay attention, the potential altcoins are much more stable, even if they move slowly and don't experience rapid increases.
Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065
That is why it is important to carefully evaluate the potential of every project.
That is why it is important to carefully evaluate the potential of every project.
After the fall of the market will be a rise and staking is a good opportunity to earn more money.
But it is very important to stake in the projects that will be able to survive during the fall of the market.
Now a lot of projects use staking to attract more users. So coin holders have a big choice what coins to hold.
Holding takes a time. That is why it is important to evaluate the future potential of evey coin you hold to understand how profitable and useful it will be in the future.
Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.
Honestly I don't think so, most of the stakers just let their investment in the staking platform, some of them are set in long period of time so they need to wait for their investment to get unlocked before they could make market movement.I think majority of the stakers with huge sum of money are just waiting for the next bullrun instead along staking their investment further, since otherwise it just gonna incur losses.
Staking is very important for all the project because it allows to earn more passive income but the project but itself must be useful and bring something new to people like https://twitter.com/ImmobiliumInc/status/1541555357524312065
That is why it is important to carefully evaluate the potential of every project.
That is why it is important to carefully evaluate the potential of every project.
Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.
After the fall of the market will be a rise and staking is a good opportunity to earn more money.
But it is very important to stake in the projects that will be able to survive during the fall of the market.
Staking very popular and in demand when cryptocurrency market rise. During the rise of the market many people earn more income for staking but whey cryptocurrency market falls many people stop staking and sell their assets.
Staking certainly is a convenient way to earn passive income. But remember this, cryptocurrencies are high-risk assets, and things can go wrong quickly when you try to predict short term movement.
Such thing happened to staking of many coins. Many people who bought coins and earned something in a time of growth sold them when price goes down. If you like staking and hold your assets, even in a hard time you will gain profit, not lose it.
So don't stake more than you're willing to lose, and make sure you have a backup plan in case your assets decrease in value.
Very important in each participation that you are thinking in terms of staking.
High-risk investment. Even the coin you think that the coin you bought is really solid, there are times that you will feel
the pressures when the market hits the bearish season.
But likewise, if you are willing to take the long hold and you have that enough patience, it's possible that you can, really
enjoy the kind of earnings that you are hoping to achieve.
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?.
There are many different types of staking and sometimes staking is used interchangeable with lending or yield farming, which confuses the matter entirely. Staking on Binance just means that you are lending them your crypto and they will give you some returns on your loan. Lending on centralized platforms is high risk. Staking in your wallet to secure a network is called "POS" Proof-of-Stake. This process is very safe and can generate high returns. Yield farming involves adding liquidity for a trading paid on a DEX then putting that liquidity token in a farm to earn staking rewards. This requires a lot of capital to do and whales often dump the reward tokens so they end up worthless. Another option is staking platforms like HEX and MAXX . Finance. These platforms are tokenized CDs which allow you to deposit tokens to earn staking rewards in the same token. MAXX is making this model more sustainable with the addition of a DAO, transaction tax, and a suite of DeFi DApps. Jump to: