Topic: How good is staking coins? (Read 1454 times)
Staking is very profitable sometimes more than investing in new coins .I have been staking some of my coins instead of just keeping them ideal you can easily make huge profit from them. Nowadays there are many platform that offer staking program one should choose the good ones that gives profit but personally i prefer to stake stable currencies cause they don't loose value at all and their is no risk.
Staking is a good strategy for earnings, it can be said that more than 50% of new projects always offer staking, especially now that there are also many rebase projects that provide rewards only by storing or holding on the wallet without doing anything, some of the apt meal project that I follow gives a good rewards.
Staking offers good rewards without stress, although it all depends on the type of coin one is staking on. Staking on top Coins like Bitcoin when is was at $18k and now at $24k would be yields enough profits for one to start another or open position. Perhaps investors don't depends on staking as some see it not good enough for a start for them, because they believe in only trading and opening futures will yields them profits to their portfolio. In these days, I would put in some coins on staking. 
I think staking is a better thing than just storing coins in a wallet, we can get high APY, especially new coins that can give APY up to hundreds of percent, and until now I'm also staking a lot of altcoins because I have long term goals, until now I staking more than 10 altcoins, MATIC, TRON, CAKE, FTX, BNB, Uniswap and so on.
If a currency offers returns up to hundreds of percent there is something very wrong with this currency. When you see an offer like this you can expect the currency's price is going to decrease in the same proportion of the APY promised or even more. Therefore, these are high risk investments much more dangerous and volatile than average crypto investments paying few percent annual interest, usually up to 8% APY.
Staking is a good strategy for earnings, it can be said that more than 50% of new projects always offer staking, especially now that there are also many rebase projects that provide rewards only by storing or holding on the wallet without doing anything, some of the apt meal project that I follow gives a good rewards.
Staking is good, when did with the potential coins. Nowadays we've got more coins with the staking feature, but that doesn't mean those coins are all highly profiting. We should analyse and invest. For users who wants a risk free earning, and never want to keep on trading could opt for staking. This helps with the increase in the holding volume with time and when market turns bullish we'll have a good return out of the investment.
Staking is good to do as you said as long as we choose potential coins and also choose platforms that have a good reputation. But never expect
to be able to make big profits like we can make from trading, because staking provides a low interest rate, so the profit generated will not be
too large. Unless the coins we are staking the price suddenly pump, of course it will generate a large profit. Moreover, staking has a low risk if
we compare it to trading, so if we want to get passive income staking is a pretty good choice. Moreover, if we compare it to investing in bank
products, staking coins will be much more profitable. Because usually deposits at banks have lower interest rates than staking coins. Therefore,
I am no longer interested in investing in bank products and only leave fiat to meet my daily needs.
Staking is good, when did with the potential coins. Nowadays we've got more coins with the staking feature, but that doesn't mean those coins are all highly profiting. We should analyse and invest. For users who wants a risk free earning, and never want to keep on trading could opt for staking. This helps with the increase in the holding volume with time and when market turns bullish we'll have a good return out of the investment.
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I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be...... 
in my opinion staking is a safer way to earn coins than others. but the coins we get are not much from staking results within 1 month, because I have tried it on several websites to generate some coins through the staking program. and this is very promising. and most importantly you don't go wrong because many places that provide staking have been scams.
I think everyone that willing to stake their capital and investment for staking with long time period in order to make some great returns should think in regard of the volatility that could eats up their generated returns from the staking since currently the trend is still looking grim.
It's unlike in bullish where staking could also get your investment increase in value, most of the time right now majority of coins are losing value, therefore it's gonna be hard decision in staking with locking period since there could be meaningless
Not bad on staking on bear markets and since we know that APY percentage is considerable compared to banks then you would able to accumulate in equivalent in todays price and when the value increase then you It's unlike in bullish where staking could also get your investment increase in value, most of the time right now majority of coins are losing value, therefore it's gonna be hard decision in staking with locking period since there could be meaningless
would definitely earning more than on what you have anticipate which is the pros of staking but of course it would really same goes when the market turns out to be bearish or declining even more.
The only thing i dont like about staking is just too long for us to wait but its a personal choice since there are people who could really deal up with long term investment.
Just mind off about the risk and if you could bare out on the risk then go ahead and invest.
Yes, there are people who understand and are willing to take the risk of waiting for a longer time.
They are aware that if they can hold and earn from staking, there's also a chance that the amount or the value of the coin they are
holding will rise and bring them more benefits.
Staking is a personal choice of some investors who deal with their research. They are good at waiting and earning from the stake rewards.
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be......
everything will depend on how much you put your funds for staking or farming. based on my experience farming on nominex, i have put in $300 and now the asset i get is 0.2 nominex per day. the value can be said to be small and indeed must include and greater.for staking, which I know we will get 15% of the presentation of the funds we invest there. i just tried staking at nominex put in $11 and i checked in one month i got an estimate of $1.
I think everyone that willing to stake their capital and investment for staking with long time period in order to make some great returns should think in regard of the volatility that could eats up their generated returns from the staking since currently the trend is still looking grim.
It's unlike in bullish where staking could also get your investment increase in value, most of the time right now majority of coins are losing value, therefore it's gonna be hard decision in staking with locking period since there could be meaningless
Not bad on staking on bear markets and since we know that APY percentage is considerable compared to banks then you would able to accumulate in equivalent in todays price and when the value increase then you It's unlike in bullish where staking could also get your investment increase in value, most of the time right now majority of coins are losing value, therefore it's gonna be hard decision in staking with locking period since there could be meaningless
would definitely earning more than on what you have anticipate which is the pros of staking but of course it would really same goes when the market turns out to be bearish or declining even more.
The only thing i dont like about staking is just too long for us to wait but its a personal choice since there are people who could really deal up with long term investment.
Just mind off about the risk and if you could bare out on the risk then go ahead and invest.
I think everyone that willing to stake their capital and investment for staking with long time period in order to make some great returns should think in regard of the volatility that could eats up their generated returns from the staking since currently the trend is still looking grim.
It's unlike in bullish where staking could also get your investment increase in value, most of the time right now majority of coins are losing value, therefore it's gonna be hard decision in staking with locking period since there could be meaningless
It's unlike in bullish where staking could also get your investment increase in value, most of the time right now majority of coins are losing value, therefore it's gonna be hard decision in staking with locking period since there could be meaningless
in my opinion staking is a safer way to earn coins than others.
It's true that it's safer because you don't have to trade and it's just like holding it. but the coins we get are not much from staking results within 1 month, because I have tried it on several websites to generate some coins through the staking program. and this is very promising. and most importantly you don't go wrong because many places that provide staking have been scams.
And that is because they have percentage per annum profit and it varies from the coins that you'll stake. That's the return of it, low risk and low reward. Earning in staking varies from the APY that the platform offers every coin that they support. Unlike mining, you don't have to spend for mining equipment that will cost you much and mostly for altcoins mining, you need GPU. What's good today with it is that the GPU prices are going down and that's the impact it gets because the crypto market is also down that's why prices react just as it usually do. And if you're problematic of the platforms where to stake, there are several options that you choose, one of them is on mycointainer.com. Just like the known staking platforms, they've got various assets to choose from and just always check the policy of staking platforms that you'll choose.
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be......
in my opinion staking is a safer way to earn coins than others. but the coins we get are not much from staking results within 1 month, because I have tried it on several websites to generate some coins through the staking program. and this is very promising. and most importantly you don't go wrong because many places that provide staking have been scams.
I'm sure there are a lot of you who are staking coins. I have a question for you guys: I have a friend who built a doge coin mining farm in order to get some coins and stake them, but I'm not sure how good staking is. How much money do you make from staking each month? People don't seem to be talking about their staking rewards, but miners seem to be......
I think Doge token staking is still very worth it because so far the price movement of the Doge token is still relatively stable so if we put the token on the staking platform it will be very good when we want to keep the Doge token in the long term, then how much will we get of staking all depends on the size of the tokens we stake because the bigger the bigger the percentage generated.
Staking on coins does sound pretty good to do, especially if we only hold a coin to continue to grow on a platform, but is staking the right thing? well if we just want to hold the coin for the long term then staking is better than we just keep it in the wallet without getting any benefits but we also have to be more careful when we want to stake on the platform so that we don't get a scam platform.
whether or not a coin is good for betting, it depends on the coin you hold, if you hold a coin that has great liquidity and potential, then you will have a good chance of being able to earn high profits in the future, but the factor market growth also greatly affects your income in crypto, therefore hopefully the crypto market will improve in the future,
Stacking is the act of holding on your asset for a specified period of time and receiving passive income. Basically the market is lower level. Currently earning by staking is comparatively much higher. I think this is a good opportunity for passive income.
It depends on the conditions and what coins you want to stake. Talking about dogecoin, for the future I think dogecoin already has the potential to change itself from a meme concept to a utility, of course that means it is very good to hold. Well, here is the benefit of staking, when we hold large amounts of coins for a long time, the staking feature is useful for developing it with a platform that already has interest rates in it, it's just a matter of how we believe in Dogecoin or want to take passive income from staking only.
You are correct in saying that staking is good for those who have a lot of coins, because the percentage of staking in that case is very good. But for those who have few coins, the process is unprofitable, because the price of the asset drops because those who have a lot of coins sell their rewards. I would not hope that such small rewards will ever be worth much. Most likely on the contrary, the price of such coins will be even cheaper. Staking is just put your money on certain thing to hope to get interest and forget it for next few years. If you are looking for "big" income with staking coins then it's a misleading idea and not for that type of benefit. But, just for some side income that you don't even bother to check it time by time then it would be a great idea to stake some of dogecoins of yours.
I agree that staking won't give us a big return unlike when we invest in altcoin and get 2x ROI in a few months but at least we can keep our portfolio stable when a bear market happens so you will be ready to buy another dip with your capital + profit from staking. Also staking does not require a lot of effort to do just keep in mind that any kind of investment will have a risk.
You need to have a good plan when taking your investment, staking while the market still bearish may give
you good compensation once the bull starts to bounce back. You are not just gaining from the staking rewards but the value
of your assets also increase, a matter of how well you are in sorting the right assets to hold for your staking and how long
you are willing to patiently hold to earn decent to huge amount of benefits.
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