Topic: Is Staking Coins a Good Idea? - page 14. (Read 2070 times)
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.
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.
You will hear about rumours more frequently rather than facts.Even you will be staking for 10 years, you may not get your invested money back in terms of BTC or USD values. Those APY calculation are only in altcoins/tokens but their value will decrease over the time hence you WILL NOT get back your capital for sure.
I tried many POS and master-node things but none of them were profitable for me. Probably if ETH introduces POS coin then it may change my opinion on staking still I am not sure that ETH will ale to hold its market as of now as there are lots of similar projects are everywhere these days.
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.
Passive income, Staking on agricultural platforms like the one on this list is a great way to earn profits https://www.dapp.com/search_product?keyword=Yield
I've been staking on CEX exchanges like Bithumb and Cointiger, so far I haven't had any problems, everything is working fine and I can withdraw the staking coins after the staking program ends.
Yes staking is a good idea we can get a great benefit from staking but always stake in top and best project then we get benefit in both way first we also recieved reward from staking second if we stake in best project then coin price increase we also get a great benefit from this
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 very good, in fact it is one of the most interesting features which comes with DeFi, that is, in addition to being a long term holder of a coin or token, you can stake it and also earn passive income from it, however this income will depend on the amount you invested in the staking coin.
However, many projects are already using this staking features to defraud their investors, first they offer a very high and attractive Apy which will make a lot of people to buy and stake and then they slowing exit scam. That is to say, in addition to staking being good and attractive, make sure you go for good staking platforms, don't be moved by high apy that you invest in scam platform, but pay attention on those which have being around for a long time with proven success records, and a good example is pancakeswap, you can make more research about it.
If you plan to hold some coin for several years then it will be wise to put your coin in staking. It's a great way for passive income and you won't take any loss while some extra income will be added into your portfolio. But try to put your coin staked at a trusted site and do not chase higher apy. Also, try not to stake your coin for the certain time period where your coin will be locked for certain periods of time. You will not be able to unstake if you have to in any bad situation.
Many investors who do Staking and they risk in the long run, although there is risk but the profits obtained are also not small, so before doing Staking we have to see first the coins we want to hold this is done to reduce risk, the longer in doing Staking then the APY obtained is also very good, this you can try because this is a very good idea.
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 still good and profitable, but that will depend on what coin you want to stake because not many coins can give you a good return in the short or long term. We know that many projects offer the investor to stake their coin or token for some period, but if the price of the coin or token does not increase, that will be a waste of time. If you want to stake a good coin or token, the price already increases so high and if you still want to buy and stake the coin or token, that will cost you a lot of money. Maybe that will depend on how much your budget to stake and which coin or token you will choose. 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's actually lots of good altcoins in the top 100 that you can use to stake and gives a decent reward, you should start with that. Usually coins go with 10% apy but that's more or less depend on the coin that you are going to invest in so you should research before you stake a certain coin.
If you expect profit for short-term staking coins is not a good idea, but if you are looking for profit for the long term and like HODL it is the right decision. For staking coin this usually has a variety of percentages. but for the choice of staking coin is the best choice, but if I recommend if you staking coin choose a long duration of staking because the percentage of profit obtained is quite large. Usually staking coin applications between 1-3 months
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 two options if you want to stake on a crypto exchange, stake on a DEX or CEX exchange? there are many options, I always look at high APY before staking, choosing a platform that has been audited by Certik or other audit team to be able to convince me before staking on the exchange.you can choose the duration of staking you want, 30 days or more, make sure you choose a trusted platform before planning to staking,I use binance exchange for staking
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 really good idea, I stake Celo for 5%, NEAR for 11% and ETH for 5%. 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.
how can you ask if staking coins is a good idea? of course it's clear that staking is a very good idea, because without having to trading or anything, then you can earn money every day, so of course staking is a very good idea and definitely profitable for you, then a period of time such as 1 month, 3 month and 6 month is the time that you choose to hold your coin in staking and the longer you hold your coin in staking, then of course it will make the APY that you get will be even greater.
It is only good if you choose a very good platform. Because in time, the initial APY offered may go down day by day depending on factors like how many stakers are joining, the profits of the platform and others. Not every staking coin is good to invest with. Look for platforms that have real use case with active market. Because if they will rely on stakers alone for possible profits, the platform can easily die and so your passive income is gone.
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.
how can you ask if staking coins is a good idea? of course it's clear that staking is a very good idea, because without having to trading or anything, then you can earn money every day, so of course staking is a very good idea and definitely profitable for you, then a period of time such as 1 month, 3 month and 6 month is the time that you choose to hold your coin in staking and the longer you hold your coin in staking, then of course it will make the APY that you get will be even greater.
of course staking is a good idea, because staking is the best way for you to earn passive income from hold cryptocurrency that you have, but not all cryptocurrency can staking at this time, therefore if you want to staking, then you have to choose cryptocurrency that support staking and my advice is you better staking in cryptocurrency that are already popular, because it's safer for you to do staking.
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 too many factors to consider before we can say staking is a good idea, we should have to choose a well reputable and legitimate exchange were to trust to hold our fund before considering leaving our asset there. I still believe in the golden rule of crypto, not your key, not your coin which is if staking is you must fully trust the platform you have to choose. Regarding how much profitable it is, yes, it is very profitable but it's quite a risk too.I have one question, is staking in Binance belongs to the SAFU service? Which is your fund deposited to have a guarantee that safe?
Staking will be a good idea if:
- We are not trading them, it is more for the long term investment
- The price of the coins is still dropped and still under the rate that we bought, I personally will prefer to stake it while waiting for the increasing price.
- The APY is interesting and also reasonable enough.
The length of staking will be different among the exchanges or platforms.
I found it starting from 7 days to several months.
However, most, long time we are staking, the calculation will be higher than we are only staking in a shorter time.
- We are not trading them, it is more for the long term investment
- The price of the coins is still dropped and still under the rate that we bought, I personally will prefer to stake it while waiting for the increasing price.
- The APY is interesting and also reasonable enough.
The length of staking will be different among the exchanges or platforms.
I found it starting from 7 days to several months.
However, most, long time we are staking, the calculation will be higher than we are only staking in a shorter time.
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 tricky and there are a lot of factors to consider. You can get huge APY resources that can be scaled up. But now this is only relevant for large token holders. But you can try stacking inside the Near protocol ecosystem. You don't get a big APY, but if you are sure that the price of the project token will grow, then its staking is an additional pleasant bonus for the holder. As for higher APYs, try looking for an interesting pair on sushiswap, in this bull market you might be able to find a great rate without losing money in the value of the locked token. 
staking is a valid alternative to trading the gains are lower but also the risks are low if you have a large sum of an altcoin you can make interesting gains, the api of the stablecoins are at least double of those offered by traditional banks
You must first look for a coin that is worthy to be held for a long time. Because it won't make sense if their project is near failure while your staked coins are still locked. Yes, most stake rules are locking your coins until a certain time. But I think Binance has a platform that lets short-term liquidity. You might want to look there.
Still, you will need to pick a coin. Do you have anything in mind now that looks good to you? If so, you should've added it with your OP too and it might help for a more detailed replies.
It's a good idea for me but you should also be cautious about what you will stake and the staking platform.
Still, you will need to pick a coin. Do you have anything in mind now that looks good to you? If so, you should've added it with your OP too and it might help for a more detailed replies.
It's a good idea for me but you should also be cautious about what you will stake and the staking platform.
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