Topic: How to Earn While Holding Crypto Assets (Read 225 times)
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If you can wait for a year or more, then staking is good for you but you should search for the coin to stake. Binance can be a good place to stake as you can find many coins to earn from staking. But as I said before, it needs some time before you can earn some amount of coins to sell and make a profit. Or you can try to use the wallet app to staking as you can monitor by yourself without entering your account in the exchanges and I think that could be safe for you.
Staking is kind of a doubtful place for me because of the custody that was gone. If I will stake something I'd rather use cheap altcoins.
Yes, if using staking you must be wary of the risk involved. As others said, permanent loss is imminent. But there are good altcoins that has good return when you did some staking. I am earning while holding on big staking percentage on Binance. Likely this is risky but it will depend on someone apetite to give it a shot.
Lending, staking, yield farming are some of the primary drivers of DeFi aa they offer passive income. While their are risks attached to staking and LP, it is still advantageous in the long run if you choose the right DeFi coins.
There is an emerging method of earning passively just by holding certain tokens/coins. For example, some new projects airdrop free tokens to holders of certain ecosystem projects. Some projects airdropped their token to COPE holders. So earning can be as simple as that.
There is an emerging method of earning passively just by holding certain tokens/coins. For example, some new projects airdrop free tokens to holders of certain ecosystem projects. Some projects airdropped their token to COPE holders. So earning can be as simple as that.
You can consider holding a currency that can be pledged for mining, and you can also earn money while holding it!
You don't actually mine if you just deposit an amount and press the 'mine' button. You're likely talking about cloud mining and most of those that are existing today are scams and not profitable. Just hold it.
It's more profitable than looking for any monetization through holding.
One of the major disadvantages of staking is that you have to keep your assets locked for a certain period of time. You will not be able to use your assets even if you need them. And that's why I haven't staked my assets yet. Crypto market volatile. At any time the value of your staked assets may decrease.
I don't engage in neither of them, at least not now, my last staking was on Sovryn dex and I didn't enjoy the reward and also miss my opportunity to sell when sov hit ath all because I got my assets locked up on staking, the reward was not worth it, a total time wasted, and there was penalty for unstaking early too, I decided not to engage in staking my assets, better to have them under my control so i can sell and buy whenever I feel like it.
Staking is kind of a doubtful place for me because of the custody that was gone.
In actual staking, you don't have to surrender the custody of your coins. You can have it on your wallet and have it staked. There are wallets that do support staking and you're still in full control of your assets. That's why if someone wants to stake, he should choose that option rather than staking onto a platform that you don't own full custody of yours coins.If I will stake something I'd rather use cheap altcoins.
I am on this experimentation and that altcoin should also be fine to lose if suddenly its price nosedive. 
I have been trying to research ways to earn while holding a crypto asset portfolio.
The results i found include; Yield farming and staking.
1. I want the house to throw light on how this works.
2. What are the factors to consider when choosing yield farming platforms?
3. How profitable is yield Farming and staking? Does it really worth it?
The results i found include; Yield farming and staking.
1. I want the house to throw light on how this works.
2. What are the factors to consider when choosing yield farming platforms?
3. How profitable is yield Farming and staking? Does it really worth it?
This time I would agreed and say yes that Yield farming and staking was one of the effective way nowadays to earn crypto
in this field of business industry. Just be wise and careful in choosing in which coins you like to farm or stakes and do your own
research in which platform your gonna use. But I could suggest that Binance or biswap are one of the legit platform to put
your coin to stakes and farming.
Like playing the stock market, playing Bitcoin is not difficult to say, but easy is not easy. Bitcoin investors must define an investment strategy: Buy and hold for long-term investment. Surf the Bitcoin price to make money in the short term. Mining Bitcoin by Joining the Mining System... If you intend to regularly trade cryptocurrencies, BTC, you must have a "gut" platform to be able to trade with peace of mind. Therefore, you should learn and buy yourself information about large, reputable exchanges that are suitable for your needs. If you want to make money, you must first be cautious and certain. No matter how impatient you are, how much money you need, or no matter how attractive the opportunity, you shouldn't pour everything you have into one place.
Whenever you say 'earning while holding everyone will think about the scam hype projects, if you are going to start a business and investing like that you should be very careful because there is a little space between a project that gives you profits than a group trying to scam you. Usually, due to the shiny reward people will fall into the trap and accept the risk of investing there, and sometimes these companies will even provide fake licenses and certificates to make you trust them. Amount all the options you may have to earn while investing your assets the best option can be buying a well-known altcoin such as dot and trx and keep these assets in some wallet, then you can have full control on your coin and earn while you are holding the coins.
Would rather hold off your coins/assets rathe than on risking it on platforms or services that do offer out some staking or something return on certain duration.It is much worth if you do just held it off or would make out some trades instead but surprisingly there are indeed people who could really just able to grasp the risk and tending out to do such plan and believing that they could really take up some advantage without
trying to re-balance between reward and risk.
Dont think up always on passive because most likely you would really be ending up with these kind of options.
I think that you have to realize staking dilutes the current supply of coins as well.
So unless the overall network grows as well, staking rewards are simply absorbed by the higher circulation theoretically.
I would suggest that you stay away from stuff like Celsius, you don't know what they're spending your coins on and it could be very dangerous.
So unless the overall network grows as well, staking rewards are simply absorbed by the higher circulation theoretically.
I would suggest that you stay away from stuff like Celsius, you don't know what they're spending your coins on and it could be very dangerous.
Whenever you say 'earning while holding everyone will think about the scam hype projects, if you are going to start a business and investing like that you should be very careful because there is a little space between a project that gives you profits than a group trying to scam you. Usually, due to the shiny reward people will fall into the trap and accept the risk of investing there, and sometimes these companies will even provide fake licenses and certificates to make you trust them. Amount all the options you may have to earn while investing your assets the best option can be buying a well-known altcoin such as dot and trx and keep these assets in some wallet, then you can have full control on your coin and earn while you are holding the coins.
Holding crypto assets doesn't really give you profits unless you surrender the assets you bought from its cheaper price.
Remember, when you sell 1 Bitcoin you lose 1 Bitcoin. Just think about it thoroughly.
1 BTC $800 buy price, same 1 BTC sold for $43000. - At this moment you have $ and will think of a way for re-entry.
If you want to create profits you will be going thru trade so that you could buy back the asset that you sold after a pump.
Staking is kind of a doubtful place for me because of the custody that was gone. If I will stake something I'd rather use cheap altcoins.
Remember, when you sell 1 Bitcoin you lose 1 Bitcoin. Just think about it thoroughly.
1 BTC $800 buy price, same 1 BTC sold for $43000. - At this moment you have $ and will think of a way for re-entry.
If you want to create profits you will be going thru trade so that you could buy back the asset that you sold after a pump.
Staking is kind of a doubtful place for me because of the custody that was gone. If I will stake something I'd rather use cheap altcoins.
It's true, as I said earlier that altcoins are better for staking. As for ending Bitcoin ownership and selling everything, it's a difficult choice other than selling some and moving some to stable coins when you are really pushed by the need. Well we talked about necessity and that's hard to deny. Whatever our ownership of Bitcoin we have bought it in cheap times, but like everything else, we are past that time. So inevitably there will be a time when we end ownership for certain targets.
If you are okay with staking in the exchanges, then Binance can fit what you need because, in Binance, you can stake so many coins, including bitcoin and usdt, to earn some rewards. But as the reward is not too big to depend on your initial funds, you need to wait for some time to earn decent money, but that is still worth doing while waiting for the market to recover. If you do not want to stake at the exchange because you are afraid they can scam you, you can use a wallet that supports staking such as Atom, Trust wallet, Cro wallet, and others.
It's very risky to stake on exchanges though. The advantage is really good but the risk of losing your coins outweighs these advantages particularly to the thread that exchanges can be hacked. And also there was news lately in which authorities are trying to locate the servers of binance, it's funny how they come up with such fud but I wouldn't disbelieve this kind of threat knowing they are desperate to sue binance in every country.
Staking in a private wallet feels safer especially if you have the right tokens to stake such as ETH, DOT and ADA.
Yield farming and staking are both fine to earn more tokens if you have plans to hold your tokens and not selling it for long term though once you stake you have no control over your assets anymore because you will it to the staking address which controlled by the project team. Just make sure you have full trust of them and you have the risk to do it. Holding is not that bad at all and I am holding my tokens for a long time now and it's safe.
You can consider holding a currency that can be pledged for mining, and you can also earn money while holding it!
Holding crypto assets doesn't really give you profits unless you surrender the assets you bought from its cheaper price.
Remember, when you sell 1 Bitcoin you lose 1 Bitcoin. Just think about it thoroughly.
1 BTC $800 buy price, same 1 BTC sold for $43000. - At this moment you have $ and will think of a way for re-entry.
If you want to create profits you will be going thru trade so that you could buy back the asset that you sold after a pump.
Staking is kind of a doubtful place for me because of the custody that was gone. If I will stake something I'd rather use cheap altcoins.
Remember, when you sell 1 Bitcoin you lose 1 Bitcoin. Just think about it thoroughly.
1 BTC $800 buy price, same 1 BTC sold for $43000. - At this moment you have $ and will think of a way for re-entry.
If you want to create profits you will be going thru trade so that you could buy back the asset that you sold after a pump.
Staking is kind of a doubtful place for me because of the custody that was gone. If I will stake something I'd rather use cheap altcoins.
If you are okay with staking in the exchanges, then Binance can fit what you need because, in Binance, you can stake so many coins, including bitcoin and usdt, to earn some rewards. But as the reward is not too big to depend on your initial funds, you need to wait for some time to earn decent money, but that is still worth doing while waiting for the market to recover. If you do not want to stake at the exchange because you are afraid they can scam you, you can use a wallet that supports staking such as Atom, Trust wallet, Cro wallet, and others.
It's very risky to stake on exchanges though. The advantage is really good but the risk of losing your coins outweighs these advantages particularly to the thread that exchanges can be hacked. And also there was news lately in which authorities are trying to locate the servers of binance, it's funny how they come up with such fud but I wouldn't disbelieve this kind of threat knowing they are desperate to sue binance in every country.
Staking in a private wallet feels safer especially if you have the right tokens to stake such as ETH, DOT and ADA.
If you are okay with staking in the exchanges, then Binance can fit what you need because, in Binance, you can stake so many coins, including bitcoin and usdt, to earn some rewards. But as the reward is not too big to depend on your initial funds, you need to wait for some time to earn decent money, but that is still worth doing while waiting for the market to recover. If you do not want to stake at the exchange because you are afraid they can scam you, you can use a wallet that supports staking such as Atom, Trust wallet, Cro wallet, and others.
Staking is better in my opinion, to be honest doing also a job while hodling is helpful too because it can help you with your daily expenses while at the same time not being able to use what you're hodling.
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