Topic: How to make money from staking? (Read 1898 times)

Back in 2016 and 2017, I always paid attention to the tables and resources, where they showed the rating of various, including new projects.  To date, I have ceased to use them, since in most cases they mislead users of cryptocurrency.

I was sure that people in the crypto have interest in all possibilities to get profit. And PoS or other staking is one of the most popular methods to increase the portfolio. The main is to choose the right coin for this. On some websites, I saw tables with comparations but for me, longlife projects are more important than higher ROI.

Even I just know the term, whether in 2019 can still be used this way. How the hell explanation. If you can give me a sample link the way it has produced.

You can use cheap VPS for work activities in the world of crypto (mining and staking) because it is not possible to run a home computer all day or more. then you can make more money than that.

Anyone stacking $TELE tokens here from MiracleTele? I have been stacking since November 2018 and so far I am happily earning every after 2 weeks. For every 100 TELE stacked, you get around 1 euro per week which is very profitable for me because whenever I no longer want to passively earn income, I can just withdraw my TELE and sold them at Forkdelta. MiracleTele just ended token sale a week ago and that they have announced the token trading price will be at 0.50 euros.

Here is the contract address by the way of TELE token: https://etherscan.io/address/0xb363a3c584b1f379c79fbf09df015da5529d4dac

Staking works when you have some amount of token that will be stored in a wallet for some time and depending on how much the coins are, you get additional coins. It's better when you get a good volume of tokens. For example, you could get some veil tokens in thousands and stake them in the project's wallet. You will be able to get more after some time.

you can check the link below to check all crypto with proof of stake system
https://stakingrewards.com and here https://cryptoslate.com/cryptos/proof-of-stake
and also a lot of masternode coins are proof of stake coin too,,
so, you can go to this link for the detail informations https://masternodes.online

Yep, those are profitable especially if you are just going to invest into one crypto like invest it all to NEO or OK cash. There's a lot of crypto that is profitable for staking it's just that not all can afford to invest big amounts to it.

Excellent answer in a thread full of shitposts--I'll probably give you a couple merits for this post even though your account hasn't been active since 2018.

I've been staking PIVX for just over a month now, and I've so far earned 4 PIVX.  Not too bad, except that the price of PIVX is really low right now and most exchanges have suspended trading because of some wallet issues.  It's a pain in the ass that I have to leave my computer on 24/7, but I'm having fun experimenting with a PoS that's earning me a little bit of interest.  My plan is to set up my PIVX Stakebox that I bought a couple days ago.  I don't have it running yet since I don't have an internet connection through an ethernet port, and I don't think my local wi-fi signal is strong enough for the Stakebox receiver.  When I actually get internet service from my local provider, I can leave the Stakebox on 24/7 and just forget about it.  For those who don't know, it's basically a Raspberry Pi with a staking PIVX wallet installed.  Pretty cool device.

Even better is NEO, another coin I've fooled around with recently.  It's much better than staking PIVX because you don't have to have the wallet open all the time, and you can claim your GAS every 5 minutes.  I'll probably be buying a lot more NEO in the upcoming weeks.  The price has tanked, and I see it as a great buying opportunity.

Stacking require a number of coins atleast lots before you can make significant amount of money so i think if you really want to get into it it will require getting in as much money as you can Have a good computer and then fire on mate Just search POS or POW and see how far and the best potential coins

since the income from cryptocurrency but the market has decreased by dozens of times, I am sure that many users of cryptocurrency find all sorts of alternatives to make up for all their losses. Of course, few people will talk about this if some algorithms are truly productive.

I think since 2017 the proof of work mining algorithm is become obsolete and can't produce real income to decentralized mining unit now it's time for proof of stake as themost perfect cleaner alternative

Satowallet is bringing together all the coins or tokens we have, similar to the market exchange, but I don't like to put money in one place, if there is a problem then all the money will be lost.

I think staking was a brilliant idea, as an alternative to PoW, but the fact is that most staking coins don't see any use at all. So everyone is staking, whales are on masternodes, and everyone treats it purely as a money making and interest bearing coin. What's the point of crypto if it's again returning to the concepts of banking and finance, earning interest for doing nothing? Don't you see that it makes the whole thing kind of pointless?

Diluting the value of the coins while increasing the supply, sort of brings you back to parity, doesn't it?

There's a lot of coins which give you the facility of staking. Right now I'm staking DeepOnion which gives me 5% a year, it was 10% in the first year. Recently ETH has also turned into PoS coin but the chances of getting a stake is low. That's why it's better to stake coins which difficulty is lower. DeepOnion is still a good option for me.

MN or Cloud mining is not very profitable investments, I think. If a new investor wants to win well, it may make more sense to invest in 2-3 robust projects. Trade is a difficult process. You have to follow every minute of work.

I don't think that if I'm a newbie I'll invest with those coins, I'll look for a better coin but that will suit to my budget. I always look at the list of masternodes and I'm very convinced that the very popular masternodes are very profitable. I haven't actually run my own MN but if time will come, I'd prepare for it and will put a very good amount of money with my first MN.

To be honest this was my first time to hear a staking device and a staking service  . what i thought all the time is that stake coins are only being hold inside the wallet   . however i still dont know if staking a coin is more profitable that holding a crypto alone as an investment.   I think its also depend on the coin but crypto has more variety of good coins than compare to stake based coins  .  bitcoin for example .  bitcoin can pump hard in a matter of short time  but stake coins might take time to profit .

You probably should stake with staking devices or use staking services . There are services that let you stake on their wallets. Well known example  is Satowallet.  Never used the wallet before so I can't tell how trustworthy they are

It's titled research of Back, you buoy gain inactive revenue close to staking your currency in your billford. I anticipate it's a actually superlative concept as it doesn't apply as even tenseness as check of Exercise. Thither are a infrequent strikes that are loss to switching from Trial of Exercise to Analysis of Back in the approach forthcoming representing exemple Ethereum and Syscoin. Syscoin desire waiver their masternode v1 at the change of feb and you require round 100k Syscoin to amble it, the ROI is extremely captivating.