Great, dont let our coin stay on the wallet, stake them we always possible to accumulate more without buying it. May i know what coins did u stake? Im never use Tron Network until now, i dont think theres a great project deployed.
I'll choose to keep my coins that can be staked to my wallet rather than staking it. I just feel that it's a better thing for me to have it like that and the APY isn't that much that I can rely on. I'd rely more on the market value while holding those cryptos and potential pumps that might happen to them. Although it's a fact that you can be rewarded as you stake if you want to accumulate freely but upon computing that, it isn't that much. 
Topic: Is Staking Coins a Good Idea? (Read 2070 times)
as I store my stable coins there and so as not to waste time, I stake them.
Great, dont let our coin stay on the wallet, stake them we always possible to accumulate more without buying it. May i know what coins did u stake? Im never use Tron Network until now, i dont think theres a great project deployed.
For users staking gives dividend and regular bonuses. This way it looks like more profiting. As a cryptocurrency user we need to be careful on staking, because these days every project comes up with the staking access. From the project team side, staking keeps the market progressive. In specific it is really good for tokens that doesn't have good trading volume. Through the staking process the circulation is pumped which makes some positive impact upon the project.
Actually, I heard about Staking the coins gives apy. I want to know is really a staking good idea & what will be the staking months like 1 month, six months or 1 year.
May be true with what you are talking about, but please note that which can be profitable and it is guaranteed if someone puts his coin ( STAKING ) on a reputable exchange !!, Binance, Kraken or Coinbase I think it is an exchange that most people believe with the exchange.because the thing when we do staking is not only all tokens we make staking.
we have to look at other aspects such as what the project is like, what the roadmap is like and the team behind it.
this is very important, apart from making us believe in the project being carried out, at least this can help make profits even though it is indeed volatile but when it is on the right track it never hurts to try.
Actually, I heard about Staking the coins gives apy. I want to know is really a staking good idea & what will be the staking months like 1 month, six months or 1 year.
Actually, it is really possible to find big APYs,but usually, big APYs mean big risks, so it is possible to stake risky altcoins with big interests, and with stablecoins you will get less than 5%. Anyway, it is more that bank deposit, so if you want to have passive income you can try this. Personally I do staking on Tron chain, as I store my stable coins there and so as not to waste time, I stake them.
The simple meaning of staking is to earn money without doing any work. This is a good option to earn for those who hold coins for a long time so that then can get a income from it. Staking reward is based on the APY, it stands for "Annual Percentage Yield" means the percentage of money you will earn per year. According to this, your reward will be calculated and the APY fluctuates and it's depend on the staking platform. There is a risky side of getting scam from staking platform. So better to do some research where you are going to stake your assets. It's a very good idea to earn.
Actually, I heard about Staking the coins gives apy. I want to know is really a staking good idea & what will be the staking months like 1 month, six months or 1 year.
Staking is a good idea, because if you hold the coins you have for the long term, then it is the right choice for you to staking, because you can get passive income from staking and in my opinion staking is also safe, the longer you choose the term the time for staking, the APY you get will also be higher, because the APY depends on the time period you choose to bet on. 
It's a good idea to stake your coins, lots of people are staking as it is a trend now to stake the coins in their software wallets and then be able to sell them directly to the market, but the thing to note is that the Coins have better potential for the future .
yes, For staking people need to choose some potential coin that has a good future. Suppose you want to hold Cardano for 2 years, Than i suggest you to do stake with your Cardano. You will get a passive income from it and when the coin price reaches your target price you can unstake and sell your coins. both of your target will be filled up in this way.Doing shitcoin stake for high APY is not a good choice, because anytime the coins price can drop a lot and you will lose your initial capital. So always I suggest people to do stake with some best project. Now I am doing stake with NWC coin. It's very undervalued to me and I believe it will be $10 within a very short time.
Staking of coins is a very good way of one taking hold of his coins for the long run, this long run depends on the holders description. Staking a coin gives you a room to receive more of the coins over the time at which you are holding and which is being told or known before the staking starts.
So far, I will say staking is one of the best ways made in crypto to earn passively with a coin, and this can be done with different coins and no one will ask why. Staking in crypto is to help the price of a coin maintain it's value and being rewarded for holding the coin over a certain period of time to help in the growth and development of that particular coin.
Staking is a very good way to earn in Crypto.
So far, I will say staking is one of the best ways made in crypto to earn passively with a coin, and this can be done with different coins and no one will ask why. Staking in crypto is to help the price of a coin maintain it's value and being rewarded for holding the coin over a certain period of time to help in the growth and development of that particular coin.
Staking is a very good way to earn in Crypto.
I think anything is up to you, all of them are depending on you investment plans. If you want to have a passive income by doing nothing, I think staking is the best choices. But remember the coin you staked should have good fundamental and almost stablecoin, why? Of course to keep your asset value, If your coin are getting down yeah in total you'll got nothing.
If you want another business plan, like holding or trading maybe, I think you don't need to stake, it's better if you use your money to be a trading capital
If you want another business plan, like holding or trading maybe, I think you don't need to stake, it's better if you use your money to be a trading capital
Staking is an idea or then it is still high risk. APY means the annual currency for your coins placed in the network. for example you deposit and APY is 190%. 1 month you will profit 19% and after 6 months you will profit 19% x 6 = 114% is the number you set, And I am still participating in some recent projects like : Near , Chng.v.v. that is also one of good projects that you can consider your profit amount every year.
Locked staking models are not really good for me, especially when its on long period, since probably u can miss the opportunity to sell the coins when the price pumped.
I prefer short term locked staking models or even free staking models like Apeswap or Pancakeswap. Combine the staking activity with lp farming and compound it daily, its really good strategy.
I prefer short term locked staking models or even free staking models like Apeswap or Pancakeswap. Combine the staking activity with lp farming and compound it daily, its really good strategy.
If you are into staking only for the rewards then i will say it's not really cool. Most of these coins don't have reasonable APY, you can stake them for a very long time and still come out with little profit which won't compensate the time. But if you are staking as it's a fallback investment, then you are good to go.
Do well to check token APY and staking conditions before choosing which token to stake
Do well to check token APY and staking conditions before choosing which token to stake
I do staking with my wallet, no masternode, just proof of stake and every day I sell my part of my staking coin and I cash 70 dollars.
I must also say that I started with a bet of 300 dollars a little less than 3 years ago
$70 staking reward per day! Is there such a platform at all? I can't believe it. If there is, then the user of this platform will increase a lot. Can you share the name of this platform with us?I must also say that I started with a bet of 300 dollars a little less than 3 years ago
But the reward is depending on how much you'll stake. Also the APY of where he's staking is also another big factor and why there are those high rewards for these people per day.
It's true if the APY is that high, it will be known to the people who likes to stake and will transfer their funds there to be staked and that will result to a lower APY that shall change from time to time.
There are so many options for making profits from cryptocurrencies, one of which is by staking coins. Your explanation is true that staking coins
can give us passive income, most importantly we can choose trusted platforms for staking coins. Because now there are many modes of fraud
happening in the crypto world, so be careful if you want to staking coins. Look for platforms that provide staking services with a good security system
and also a good reputation. Because when we decide to staking, the crypto assets we have will be locked for a certain period of time, so it is
very important to choose a trusted platform, so as not to be deceived by scammers. Especially for people who are very busy and do not have time
to monitor price movements in the market, staking coins is a great choice to get passive income.
because indeed fluctuations always occur and no one knows the possibilities that will occur in the future and this is the same as gambling where the result is 2 possibilities, if you don't make a profit, it means a loss.
but apart from that, it is true that choosing coins that have the potential to also have an effect, although it does not make the risk disappear, but at least by researching and making coins that have the potential to be staked can at least reduce the risk and impact that will be received even though it is not significant.
Good advice. My preference will always be with decentralised staking services. DeFi is full of many reliable staking platforms, for a wide variety of crypto assets. As with anything, people should always be cautious and engage in due diligence before staking.
After all every single staking platform has its own risks and advantages, as long as you are aware of the risks and understand what you are doing I guess its fine. At least in the end you wouldn't regret what you have decided earlier.Btw, why centralized service has less variety of coins/tokens is highly likely they prioritizing the security and sustainability of those.
I do staking with my wallet, no masternode, just proof of stake and every day I sell my part of my staking coin and I cash 70 dollars.
I must also say that I started with a bet of 300 dollars a little less than 3 years ago
I must also say that I started with a bet of 300 dollars a little less than 3 years ago
Could you tell what platform are you using ? it's really good if the staking platform already running for years means that staking platform is not a ponzi scheme.
Also with 300 USD capital, in 3 years could earn 70USD per day is too good to be true, can you share us with proof because it's seems not true to me.
If it's true, this is a very good staking platform.
it is not a platform, it is just a wallet which must run on a laptop or a mini pc or raspberry under windows or linux at your convenience
And I sell less than 10% of my daily staking.
With an electric consumption to shame any minig rig. Ah Ah Ah
I do staking with my wallet, no masternode, just proof of stake and every day I sell my part of my staking coin and I cash 70 dollars.
I must also say that I started with a bet of 300 dollars a little less than 3 years ago
$70 staking reward per day! Is there such a platform at all? I can't believe it. If there is, then the user of this platform will increase a lot. Can you share the name of this platform with us? I must also say that I started with a bet of 300 dollars a little less than 3 years ago
I do staking with my wallet, no masternode, just proof of stake and every day I sell my part of my staking coin and I cash 70 dollars.
I must also say that I started with a bet of 300 dollars a little less than 3 years ago
I must also say that I started with a bet of 300 dollars a little less than 3 years ago
Could you tell what platform are you using ? it's really good if the staking platform already running for years means that staking platform is not a ponzi scheme.
Also with 300 USD capital, in 3 years could earn 70USD per day is too good to be true, can you share us with proof because it's seems not true to me.
If it's true, this is a very good staking platform.
I do staking with my wallet, no masternode, just proof of stake and every day I sell my part of my staking coin and I cash 70 dollars.
I must also say that I started with a bet of 300 dollars a little less than 3 years ago
I must also say that I started with a bet of 300 dollars a little less than 3 years ago
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