Topic: Ethereum 2.0 worth staking? (Read 231 times)
hero member
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Leading Crypto Sports Betting & Casino Platform
If you have many ethereum, you can try staking that coin. But for people who had a limited ethereum amount, I do not offer advice to try because that will not worth doing as they can trade their ethereum to increase the amount. And with the situation now, I guess that it is better to increase the amount while controlling our ethereum. But that will depend on you because we can suggest something, and the final decision will be yours.
Until Ethereum 2.0 is launched, it's hard to say good or bad. I don't really want to block such a large amount for such a long period. And the prospect of receiving a stable income, of course, tempts, but how it will all in the future is difficult to judge.
it's definitely worth for me , since the first staking is from 1 december last year, and the price its already X3 just for hold it, and somehow i am sure , the price wont able to touch the december price. so how about passive income ? of course based on graph from beacon stat , the APY continue decrease as eth staking continue increase, and to be clear , its a long term passive income and a long term staking term , dont you dare to joining the staking pool if u have low budget , since fluctuation may be vary.
I know its great to make passive income but what are the real flaws to it? I hear both saying its good and bad?
Thoughts?,...Thank you
Why ETH 2.0 when there are other coins that is active in staking and worth holding? Binance offers some coin with staking option .Thoughts?,...Thank you
and also Try using Abra Wallet that also has staking in which i am having right now.
IF you want you can staking on Binance exchange.and you can earn from their but now market is up & down trend for that reason if you staking on running price its not suitable for any general investor.
That is what I'm telling and not just Ethereum but many other good coins that i believe much worth to invest.than ETH that so slow in uptrend season.
IF you want you can staking on Binance exchange.and you can earn from their but now market is up & down trend for that reason if you staking on running price its not suitable for any general investor.
For ETH2 I think you can stake it and earn but your token will be held for up until 2022, that's already a disadvantage since you can't withdraw it whenever you want. That's the catch there. You will miss the ETH reaching the ATH I guess because, by the time you are supposed to sell it, you can't.
Whether its worth or not, we never know it yet until we know how much you could possibly earn.
Whether its worth or not, we never know it yet until we know how much you could possibly earn.
That is the catch there, you are going to stake for two years, and as someone mention already, in that time span many thing can happen in the landscape as we all know that crypto is an all evolving market.
But if you're a fanboy of ETH and Vitalik and will love to help secure the network, then maybe this staking is for you regardless of the APR returns in two years.
For ETH2 I think you can stake it and earn but your token will be held for up until 2022, that's already a disadvantage since you can't withdraw it whenever you want. That's the catch there. You will miss the ETH reaching the ATH I guess because, by the time you are supposed to sell it, you can't.
Whether its worth or not, we never know it yet until we know how much you could possibly earn.
I know its great to make passive income but what are the real flaws to it? I hear both saying its good and bad?
Thoughts?,...Thank you
Thoughts?,...Thank you
I consider it generally good. But don't think that staking is for short term profit. If you are looking for a quick profit or a short term gain, staking might not be the one for you. Staking Ethereum is the best among all other staking opportunities. Ethereum is the most trusted altcoin after all. But like I said, stake Ethereum if you are looking for a stable source of passive income in the long term. It won't fail you.
I know its great to make passive income but what are the real flaws to it? I hear both saying its good and bad?
Thoughts?,...Thank you
--------------------------------------------------------------------------------------------------------------------------------------Thoughts?,...Thank you
In the near future, the release of Ethereum 2.0 is crucial to the development momentum of Ethereum, because the network upgrade will greatly improve the trading capabilities of Ethereum. This will enable the new DeFi cycle (if it does emerge) to last a long time, as it will reduce the risk of network congestion and high transaction fees. Since Ethereum 2.0 supports mortgages and allows users to allocate 32 ETH to the network in exchange for rewards, it can reduce the circulation supply of ETH on exchanges.
Of course, one flaw is that you need to hold your ETH for a very long time. So if you are not a long term holder, then staking might not be for you. So a lot of things might happen during your staking, bearish market that might affect your profit in the end.
And maybe you can double or even triple your money in the next two years as compare to staking like a 20% APR if I'm not mistaken.
And maybe you can double or even triple your money in the next two years as compare to staking like a 20% APR if I'm not mistaken.
We've been looking forward to this update. It remains to wait a little longer. I hope EIP-1559 will solve the annoying problem of high transaction fees. The growth and demand for DeFi has triggered a strain on Ethereum. As a result, the cost of gas has become a real challenge for ordinary users. The average transaction fee is $ 17. But sometimes it exceeded $ 25. EIP-1559 will introduce a mechanism that will set up the principle of the auction that determines the prices of transactions. After that, the commissions will be adjusted. 
That sounds good about EIP1599 but i kinda feel a bit worry about that consider a lot of miners are against it. There would be a conflict between the miners and developers. Miners got a lot of disadvantage from the implementation of EIP1599
Would we see another problem happened on ethereum again? This is a very interesting thing to be watched by us. I just keep my eyes on this EIP
I know its great to make passive income but what are the real flaws to it? I hear both saying its good and bad?
Thoughts?,...Thank you
Thoughts?,...Thank you
We've been looking forward to this update. It remains to wait a little longer. I hope EIP-1559 will solve the annoying problem of high transaction fees. The growth and demand for DeFi has triggered a strain on Ethereum. As a result, the cost of gas has become a real challenge for ordinary users. The average transaction fee is $ 17. But sometimes it exceeded $ 25. EIP-1559 will introduce a mechanism that will set up the principle of the auction that determines the prices of transactions. After that, the commissions will be adjusted.
In my opinion ethereum 2.0 staking is like gambling, there is no guarantee that ethereum 2.0 will be succeed. Mean while our ethereum is locked. What happen if ethereum network is not popular anymore because there are a lot of cheapest and faster network like cardano and polkadot. The feature also better.
legendary
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Leading Crypto Sports Betting & Casino Platform
The real flaw so far is the locked period as other people also already pointed out, you could missing many opportunities that arise within 2 years and 2 years is a relatively long time for crypto that has fast market movement.
Other than that, the reward also kinda relatively low in my opinion. but if you have intention to hold this coin for a long time while also waiting for it to go past certain price point then it might be worth it.
Truthfully it depends on how is your style of investment, passive income sounds good but if it doesn't make you earn that much while also making you have no control over your coin, what's good in it?
Other than that, the reward also kinda relatively low in my opinion. but if you have intention to hold this coin for a long time while also waiting for it to go past certain price point then it might be worth it.
Truthfully it depends on how is your style of investment, passive income sounds good but if it doesn't make you earn that much while also making you have no control over your coin, what's good in it?
I am confident the ethereum 2.0 major upgrade will gain even greater accomplishment and potential. It responds well to defi, increases immutable user transfer performance, beacon chain, and shareding will troubleshoot all the disadvantages of ETH.
Although the publication time has been delayed, it is necessary and worthwhile. November onwards, pay attention to ETH with the light it produces. So I will accumulate the maximum ETH.
Although the publication time has been delayed, it is necessary and worthwhile. November onwards, pay attention to ETH with the light it produces. So I will accumulate the maximum ETH.
I know its great to make passive income but what are the real flaws to it? I hear both saying its good and bad?
Thoughts?,...Thank you
Maybe you are uncertain about your decision, on the bad side, you should know Eth prediction price in the future, because the coins you have will be locked for a long time and on the good side you get passive income, but is it worth the staking you do? Thoughts?,...Thank you
locked period is totally a big turn off, locking our ethereum when the price is on its ath and is really volatile? I doubt most of us want to do that and it's not some measly period either, imagine 2 years. The eth income you might get could easily lost its portion of value due to the price movement therefore IMO it's a bad idea.
The thing here is that if you want to stake by yourself, you need a minimum of 32 Ethereum, which is not cheap. I consider that a flaw to someone who's not a whale, not to mention it's going to be locked. By that it's the minimum so don't expect big returns. Though there's going to be exchanges that will provide staking services for no minimum amount but it's not the safest since you don't own the wallet.
As of now, I am not so excited with the staking opportunity of the Ethereum 2.0 though maybe if I have a lot of Ethereum just hiding somewhere, and I don't have any plan of converting them in the coming months maybe I can change my mind. Ethereum remains to be solid and has a potential to grow more despite the many challenges it is facing and despite the chorus of angry users of the network paying such very excruciating high gas fees.
Binance Staking Ethereum 2.0. You will be required to lock your Ethereum up to 2 years to redeem your stake. I would not go to stake my Ethereum and in 2 years, I can not cash it out or trade it.
It is good for classic investors who don't care about trading or profits in short term. By joining Ethereum 2.0 staking on Binance, you must believe in Binance and their security. I don't exaggerate the importance of Binance to protect your Ethereum as I know many people leave their coins on exchanges very long time.
https://www.binance.com/en/eth2
It is good for classic investors who don't care about trading or profits in short term. By joining Ethereum 2.0 staking on Binance, you must believe in Binance and their security. I don't exaggerate the importance of Binance to protect your Ethereum as I know many people leave their coins on exchanges very long time.
https://www.binance.com/en/eth2
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