How good is staking coins? - page 4.

Fomo_Chronicles

copper member

Activity: 62

Merit: 0

Quote from: 100xcoin on April 11, 2022, 10:46:44 AM

Quote from: LaCucina on March 22, 2022, 02:16:53 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

The more popular cryptocurrency becomes the more popular is staking. Everybody want to have a passive income and a lot of new projects offer staking to attract their users.

The opportunty to earn passive income attract many people. But it is necessary to chose the project for staking that it wil be profitable and will grow in price to earn money on staking.
Not all the tokens grow in price.

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: d3nz on April 13, 2022, 07:40:38 AM

Yes, this is correct. Investing is very risky and if you find the right altcoin to invest with, earning in staking is really worth it if have a lot of shares you have since it will calculate how much you will get per annum. The good thing now is there is Staking online and you don't need to have a computer that will run 24/7 like before.

Good thing that you open that. There are known and reputable exchanges who can cater your staking participation.

Unlike before where you need to download the wallet and make sure to keep your PC open to stake your
assets and claim those rewards.

It will always end up in how good you sort the market, choosing the right coin to invest and stake your money
there's always a big risk that you need to anticipate so better to sort before you invest.

d3nz

sr. member

Activity: 1372

Merit: 264

Quote from: Pamadar on April 09, 2022, 12:31:21 PM

Quote from: Jocuserious on April 07, 2022, 01:40:25 PM

Quote from: letyouearn on February 11, 2022, 06:58:39 PM

Staking is like trading sometimes - if you know how to do it right, you will earn a lot here

If you are staking all you have without any knowledge and experience - you can even lose your money.

Good knowledge and skills indeed for the crypto market everytime. That means if you want invest or trading then you should skills more for searching a good coin. Same thinking if you can got a good coin for staking then it will be profitable after long time away. Otherwise you money will be loss if you have to invest a fake inactive project.

That's the very risk of staking. If you failed to pick the right coin, the chance that you'll be trapped

and lose your investment is high, unlike with trading in which you can change your plan and adjust from how the
market is performing. In some cases, staking has some cooling time, you can't just withdraw your money and
chance of losing the opportunities is always possible. With trading you can just scalp or you can go for long term
and wait for the value that you desire to sell your money.

Yes, this is correct. Investing is very risky and if you find the right altcoin to invest with, earning in staking is really worth it if have a lot of shares you have since it will calculate how much you will get per annum. The good thing now is there is Staking online and you don't need to have a computer that will run 24/7 like before.

Frengki_cisco

member

Activity: 790

Merit: 44

Quote from: Anthony_4 on February 10, 2022, 02:22:46 AM

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...... Wink

Depending on the influence when you do mining, mostly if you have a lot of capital you will have a lot of profit influence, but if you expect free doge from mining, as I see very little you get, the problem depends on the capital you invest.

Gayong88

member

Activity: 1540

Merit: 22

Quote from: 7deadlyBTCIN on February 10, 2022, 04:13:37 AM

Staking is pretty effective if you have the patience, the higher the doge coins you have the higher your staking reward will be, staking platforms have different staking rewards in percentage, some are 6% per annual while some are more, use binance exchange for staking it's one of the best.

Yes, the main requirement is to be patient when it comes to investing and Binance itself has many advantages such as BNB Vault, Launchpool, and Locked staking, but also pay attention to money management because crypto is high risk regardless of the money investment pattern we will use.

Cadaver20

sr. member

Activity: 1582

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Next Generation Web3 Casino

By staking coins you can earn a small amount of passive income. But your coins will be frozen for a certain time period. There is nothing that you can do about it, even if the value of your coin goes down. Again, if you want to withdraw your coins before the time runs out, you will not get any profit.

fzkto

sr. member

Activity: 2282

Merit: 439

Cashback 15%

Nowadays, it's a time when staking coins is not making any profit, or rather you just lose money, because the value of the coins you are staking is constantly dropping. Or those who have a large amount in their stake are constantly get rewards, lowering the value of the coin. I find that such projects are not profitable, or you have to wait many years to sell everything more expensive. But that's if you're lucky.

100xcoin

copper member

Activity: 117

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Quote from: TmHsHel on April 10, 2022, 02:16:50 PM

Quote from: LaCucina on March 22, 2022, 02:16:53 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Staking is very popular because it allows to earn passive income. But it is very important to choose the most prospective project for staking.

The more popular cryptocurrency becomes the more popular is staking. Everybody want to have a passive income and a lot of new projects offer staking to attract their users.

TmHsHel

jr. member

Activity: 98

Merit: 1

Quote from: romanfrolovv on April 09, 2022, 10:37:17 AM

Quote from: LaCucina on March 22, 2022, 02:16:53 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

The opportunitity to earn passive income attracts a lot of users to staking. You are right it is important to choose for staking the most prospeve project because not all the tokens grow in price and are attractive for staking.

Staking is very popular because it allows to earn passive income. But it is very important to choose the most prospective project for staking.

ije07

sr. member

Activity: 1435

Merit: 250

PredX - AI-Powered Prediction Market

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.

redwine49

full member

Activity: 1092

Merit: 112

Quote from: kak uli on April 06, 2022, 12:02:40 PM

Quote from: Rasa nanas on April 05, 2022, 10:52:12 PM

Quote from: kak uli on April 05, 2022, 01:46:10 PM

yes it is true that staking is the best way to earn. but I do not agree to risk Coin, because the passive income obtained is much smaller in my opinion. not to mention the coin that we bet on has decreased in price. the point is, in any way we can make a profit, but do further research and analysis.

if you choose staking a new altcoin of course you have to be prepared with a high risk, but if you want a much lower risk maybe you can choose a big altcoin staking like CAKE. Besides having to choose a project with great potential, of course, you also have to choose a project with a large passive incom because the main purpose of staking is to increase the number of coins you have. if the passive incom you get is getting bigger, of course the profit you get is getting bigger and can reduce the risk of experiencing a loss because the price of the coin is falling.

no, I'm not interested in getting income or profit from staking coins, I'm more interested in getting profits from trading, after all, the profits from trading are greater than the profits from staking coins.

Of course the benefits of trading are much greater than staking coins but the risks are also greater.

The rule of the universe are simple
Big risk big return, low risk low return. Everyone has their own choice

Pamadar

legendary

Activity: 2982

Merit: 1028

Quote from: Jocuserious on April 07, 2022, 01:40:25 PM

Quote from: letyouearn on February 11, 2022, 06:58:39 PM

Staking is like trading sometimes - if you know how to do it right, you will earn a lot here

If you are staking all you have without any knowledge and experience - you can even lose your money.

Good knowledge and skills indeed for the crypto market everytime. That means if you want invest or trading then you should skills more for searching a good coin. Same thinking if you can got a good coin for staking then it will be profitable after long time away. Otherwise you money will be loss if you have to invest a fake inactive project.

That's the very risk of staking. If you failed to pick the right coin, the chance that you'll be trapped

and lose your investment is high, unlike with trading in which you can change your plan and adjust from how the
market is performing. In some cases, staking has some cooling time, you can't just withdraw your money and
chance of losing the opportunities is always possible. With trading you can just scalp or you can go for long term
and wait for the value that you desire to sell your money.

romanfrolovv

copper member

Activity: 67

Merit: 0

Quote from: jorjeIII on April 08, 2022, 11:53:07 AM

Quote from: LaCucina on March 22, 2022, 02:16:53 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

Staking coins allow to earn money. But for staking it is necessary to create the project that is really useful for people and will grow in price.
If the price of the tokens will fall staking will not help.

The opportunitity to earn passive income attracts a lot of users to staking. You are right it is important to choose for staking the most prospeve project because not all the tokens grow in price and are attractive for staking.

the ghabbar

member

Activity: 588

Merit: 11

Futiracoin.com

Quote from: Anthony_4 on February 10, 2022, 02:22:46 AM

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...... Wink

In the past I have heard of many cases, mining on sites that are not paid for nothing, even now we don't know what the journey is like, mining in positions like this can't be a good pattern, because many people who do mining have complete tools and sophisticated, so automatically the income will be different, depending on how people choose what way to earn, but what we need to know is nothing is free for now

endut15

full member

Activity: 551

Merit: 100

staking coins is on potential altcoins, not on goddamn coins that will be abandoned by their owners. The altcoin that we bet on must really have a great chance and will not fall until it is in the market without movement. some altcoins that I dare to bet with large capital such as BNB, Etherum and also Bitcoin. It will continue to have great opportunities in the future.

jorjeIII

jr. member

Activity: 107

Merit: 1

Quote from: federalmoney_official on April 06, 2022, 03:05:42 PM

Quote from: LaCucina on March 22, 2022, 02:16:53 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

The more opportunities to earn money the more popular cryptocurrency is.
Such opportuinies make cryptocurrency very popular and create a demand in it increasing its adoption.

Staking coins allow to earn money. But for staking it is necessary to create the project that is really useful for people and will grow in price.
If the price of the tokens will fall staking will not help.

Jocuserious

sr. member

Activity: 1936

Merit: 290

Quote from: letyouearn on February 11, 2022, 06:58:39 PM

Staking is like trading sometimes - if you know how to do it right, you will earn a lot here

If you are staking all you have without any knowledge and experience - you can even lose your money.

Good knowledge and skills indeed for the crypto market everytime. That means if you want invest or trading then you should skills more for searching a good coin. Same thinking if you can got a good coin for staking then it will be profitable after long time away. Otherwise you money will be loss if you have to invest a fake inactive project.

cafee_orange

full member

Activity: 1036

Merit: 100

In my opinion, to bet Coin, you should pay attention to several things, including the coin platform itself, if the coin you are staking has a good platform then I think risking Coin is the best way to get passive profits. then it is also very important for those of you who want to stake coins, you must have knowledge about it to avoid big risks

Garsipop

jr. member

Activity: 125

Merit: 1

Quote from: federalmoney_official on April 06, 2022, 03:05:42 PM

Quote from: LaCucina on March 22, 2022, 02:16:53 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

The more opportunities to earn money the more popular cryptocurrency is.
Such opportuinies make cryptocurrency very popular and create a demand in it increasing its adoption.

Many people participate in airdrops because it is a good opportunity to earn money.
Now a lot of different projects appear and many of them conducts airdrops to attract attention of community and unite the users.

federalmoney_official

copper member

Activity: 169

Merit: 0

Quote from: Abco on April 05, 2022, 03:32:12 PM

Quote from: LaCucina on March 22, 2022, 02:16:53 PM

Staking allows to earn passive income and does not require electricity. So it safe for nature.
For those people why do not want to buy coins for staking they can participate in airdrop like this https://twitter.com/CairoFinance/status/1506234326853238791

There are a lot of opportunities to earn money using cryptocurrencies. One of such opportunity is staking.
The ability to earn passive income attracts to cryptocurrency many people.

The more opportunities to earn money the more popular cryptocurrency is.
Such opportuinies make cryptocurrency very popular and create a demand in it increasing its adoption.

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