Topic: Is Staking Coins a Good Idea? - page 11. (Read 2070 times)
Putting a coin or stalking coin is the right choice especially if you keep it in the long term, of course before you put a coin choose the right coin and have potential or enter the top coin from CMC, most people choose stalking in the long term it can make higher profits and don't you forget every talking also has its own risk
Putting a coin or stalking coin is the right choice especially if you keep it in the long term, of course before you put a coin choose the right coin and have potential or enter the top coin from CMC, most people choose stalking in the long term it can make higher profits and don't you forget every talking also has its own risk
Staking long term is safer for staking stable coin rather than new tokens that have small market cap. Although the new token can offer big prize for people who stake it will be useless if the new token getting dumped because of the big allocation of token they offered for people who stake decide to dump their token altogether. but with stablecoins the price will always stable and how many people will dump its still have its price stay the same. Staking is good for long term if you stake a good token.
Not all stake token is good for future so, be carefull to choose token to stake. High APY if their token dump is same as waste a time.
We have to be selective to choose good staking coins and choose a potential coin for the long term, I have experience with Hex coins and feel very sorry for not staking at that time and now the current Hex price has increased drastically. Staking for new coins is very risky and it is better to improve your coin analysis before deciding to stake. Not all stake token is good for future so, be carefull to choose token to stake. High APY if their token dump is same as waste a time.
Staking a coin doesn't give apy, it is the platform you are staking on that gives the apy and this is why most people prefers some staking platforms over others. Also, nowadays, staking can be done easily and within a stipulated time set aside by the staking platform, and most today do not last for 6 months or 1 year unless it is the token of the staking platform you are earning, that is, in a platform like pancakeswap, you can stake your CAKE token to also earn CAKE for as long as you want, but for other tokens, you stake CAKE and unstake anytime or stake and leave it till the end of the pool then you unstake.
Staking is a good idea owing to the fact it offers or provides a means to earn passive income, while still holding your tokens for long term. However, owing to the lucrative nature of it, to enjoy staking you need to stake a good amount of the staking platform token, therefore the higher you stake, the more you earn.
Staking is a good idea owing to the fact it offers or provides a means to earn passive income, while still holding your tokens for long term. However, owing to the lucrative nature of it, to enjoy staking you need to stake a good amount of the staking platform token, therefore the higher you stake, the more you earn.
I don't quite understand the idea of staking crypto. The percentage of APY is so low, that it looks like a ripple on the huge waves of market volatility. The only good idea here is to stake you stable coins if you hold some.
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 good, as long the coin which you stake is good too. I mean pick coin to stake need research too because we wouldn't want while we stake our coin, the project being bad and coin is not have value anymore. Since past, staking is trend because people can stake a coin in their software wallet and then can sell it directly into market. But only good coin which still survived and not dead/delisted from market.Not only a good idea but it was a profiting idea and have only a lesser risk than we go in trading. But just have being said, we have to choose the right and potential coins OP as that was the only way we can generate positive results from staking otherwise, you just also waste your time.
Staking is nearly as profitable as the mining or trading of cryptocurrencies, and without risk.
Comparing it to the both, I don't think that staking comes close to any of those unless the trader isn't really good. There's still risk in staking if you do that into an exchange.All you have to do is stake (buy & hold) some coins in order to get added to the mining pool. As for profits, the actual profits you can make from staking will depend on how much you vest and for how long.
Staking can be both long term and short term investment, it matters how good you understand the project you want to stake.
Staking is only good for long term, if you happen to do that for short term, calculate how much profit it projects to your staked crypto. Staking can be both long term and short term investment, it matters how good you understand the project you want to stake.
Staking is nearly as profitable as the mining or trading of cryptocurrencies, and without risk. All you have to do is stake (buy & hold) some coins in order to get added to the mining pool. As for profits, the actual profits you can make from staking will depend on how much you vest and for how long.
Staking can be both long term and short term investment, it matters how good you understand the project you want to stake.
Staking can be both long term and short term investment, it matters how good you understand the project you want to stake.
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.
There are many places where you can stake your coins. Pancakes also provide greater returns to staking on their platform. But if one year later you will get a bigger profit from these results? Not necessarily. Because what you are betting on is not a stable coin, price fluctuations determine the profit or loss you get. If one year later the price of the coin increases, then you will benefit, and vice versa.
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 good, as long the coin which you stake is good too. I mean pick coin to stake need research too because we wouldn't want while we stake our coin, the project being bad and coin is not have value anymore. Since past, staking is trend because people can stake a coin in their software wallet and then can sell it directly into market. But only good coin which still survived and not dead/delisted from market.But now, with lots of new coins that offered same staking feature, you can use known and reputable exchange to do this for you, you don't need to keep your device always turn on but the exchange will let you enjoy the staking features.
And likewise, choose the right project before putting your money into this market. You don't want to see your assets to turn shit while you are expecting rewards. It will just waste your time and money in the long run.
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 good, as long the coin which you stake is good too. I mean pick coin to stake need research too because we wouldn't want while we stake our coin, the project being bad and coin is not have value anymore. Since past, staking is trend because people can stake a coin in their software wallet and then can sell it directly into market. But only good coin which still survived and not dead/delisted from market. 
Yes according to me staking the coins is a great idea and I encourage to stake in some good potential projects. I have done staking in projects such as CAKE they can be trusted and a giving good return. But main thing is do you own research before staking and it is a good idea.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
I think staking coins good idea,coz staking is The good way to get profit for long term holding. We can get more profit from staking. Staking is definitely profile for passive income. Staking is good Being attractive, choose good coin/ token and trusted platform and go on.
Staking is suitable best for long term holding because while waiting for the price to increase it can help earning other tokens. But, if the staking lock the tokens, it will hold the token while price movement happening and that can cause lose therefore staking coins that's stable and not have too much movement is recommended. Right now land from game with NFT also allow staking, it seems it become popular because many people also wanting to buy NFT game land. 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 who want to invest long-term and risk-free you can take this staking system. I have some TRX on staking 90 Days On Binance exchange I am getting profit daily basis after one-week payment I am doing trade I think this is a very good idea for all trader and investor.
Personally I consider staking to be quite a profitable thing. At first I tried new projects that promised enormous interests if you stake their native tokens and quite high APR if you stake other currencies. The thing is that you have to pay deposit fees usually that do not always pay off.
But you consider risks. It is not very safe to invest in new projects as it can be a scam, so it is better to invest in reliable projects (pancake swap, uniswap).
But you consider risks. It is not very safe to invest in new projects as it can be a scam, so it is better to invest in reliable projects (pancake swap, uniswap).
what i think about staking is that the more you stake, the more you earn and your investment increases. the more your reward or returns increasing only if you did not withdraw from the staking platform. choice is yours. How much you stake will determine how much you will make out of it. the more money you put in, the more you earn. some one mentioned about the staking platform, it is very important.
some token staking sometimes does airdrop by getting new tokens or NFT.
this is very profitable. I also do some staking like ApeSwap and Sovryn.
NFT staking can be profitable, but NFT staking like NFT games will require us to buy land in the game to be able to stake but the reward for staking they offer for just owning land in game looks good although the land can be rare or expensive. But for the people who are lucky to be able to buy land in early stage of the game and get really cheap land they can make good profit by staking using their own NFT game land.this is very profitable. I also do some staking like ApeSwap and Sovryn.
The one who managed to buy the cheapest one are those who generates more staking rewards,
It's always like that so make sure to invest or stake your money to right asset that may provide good rewards for your investment.
Staking needs to have further investigations and hard research, there are many available assets that offer this feature,
Staking can be both long term and short term investment, it matters in how good you understand the project.
Staking is a good way to earn passive income, in my opinion. but there are many things that need to be considered in staking, the main thing is choosing the right Crypto Asset. Here you should be able to decide which coins have a good chance of betting.
Staking coins is considered a cheaper and less risky way of taking part in the blockchain network validation process to earn passive income without having to constantly trade on your crypto assets. Moreover, it is an energy efficient and environmentally friendly way as it eliminates the need to purchase hardware for mining.
Staking coins is considered a cheaper and less risky way of taking part in the blockchain network validation process to earn passive income without having to constantly trade on your crypto assets. Moreover, it is an energy efficient and environmentally friendly way as it eliminates the need to purchase hardware for mining.
As far as I know APY is the percentage per your investment will grow. Let say a coin in a staking has an APY of 50% meaning. In One year the coin you will stake will have a 50% profit, or 4% profit per month. So far better than the usual 4% per annum from banks.
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.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
some token staking sometimes does airdrop by getting new tokens or NFT.
this is very profitable. I also do some staking like ApeSwap and Sovryn.
NFT staking can be profitable, but NFT staking like NFT games will require us to buy land in the game to be able to stake but the reward for staking they offer for just owning land in game looks good although the land can be rare or expensive. But for the people who are lucky to be able to buy land in early stage of the game and get really cheap land they can make good profit by staking using their own NFT game land. this is very profitable. I also do some staking like ApeSwap and Sovryn.
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