Topic: Prompt safe staking with good APY - page 2. (Read 733 times)

I think you really need to calm down a little because with your post, I believe that you are experiencing anxiety with what happened to you but this is just my personal feelings and I think I'm incorrect .

Anyway, yes you can earn in liquidity pools and staking but it isn't big or it depends on some factors.

Being a liquidity provider has some risk because there is a chance that one or both of the coins that you put into the pool might lose their value thus, the amount of tokens you are getting being a liquidity provider isn't enough to cover your losses. I've been a liquidity provider in Katana (Axie Infinity) for more than half a year already and TBH, the amount of tokens that I got isn't enough to cover the losses that I got when I started. It might happen to you as well if you will not make an in-depth research. Now with regards to the percentages, I can't give any particular website but maybe some can give you here or you can just make a quick google search in the most popular liquidity pools out there and you will find one.

Now with regards to staking, yes you can earn money on that as well but it isn't that much. Some staking coins give as low as 1% to as high as 15% or even higher annually depending on the coin you chose to stake. What can I say is that if you want to stake, choose those top staking coins. Less risky but lesser reward as well. It's your choice still. You can find some staking coins here: https://www.stakingrewards.com/

It is because of behaviors like this one that people compare trading to gambling, we know that when some people lose their money when they gamble they cannot avoid chasing their losses and in return they lose even more money, and at least this is the impression the OP is giving me, it seems he is not happy at all with his losses, which is normal, but instead of learning from this he wants to try another way to make money to recover what he lost already, and most likely he will get the same results that he got with leveraging trading.

Binance may indeed provide asset comfort and security. even if there is a hack, I think Binance can handle it. they are quite experienced in dealing with such problems.

but if you see APY's offer, don't expect big. but for those who want to hold assets for the long term, I think, making a long-term staking plan on Binance is not a bad choice.

some people may be interested in the new platform because the APY provided is also large. but indeed security is not necessarily as good as Binance. if you want to try a new platform, I think to use short-term planning, and also use assets with not large value to anticipate.

Binance is indeed one of the best platforms for now, because many people use Binance as the main platform,
yes, there we can stake comfortably, and I agree, because I am also a Binance user,
and the method used is also very simple compared to staking at platform a project as possible on the Tron platform

My first thought as well, the best he can do now is to chill for a while and do nothing! People lose a lot of money with leverage, it's not for everyone! OP already lost a lot of money, chasing recovery can be fatal for him, we all know that too well! I guess there are good staking solutions with nice APY, in many exchanges, casinos, etc... It's easy to find a good platform for staking some coins (the choice is pretty big) and simply let them sit there, it will generate some profit over time and it will be safe!

I will suggest to you that for the time being you do nothing, according to your post you tried leverage trading and lost a lot of money, what makes you think you can earn some money in this way? Take your time, the markets are going nowhere and a lot of opportunities to make money will keep appearing, you are simply not ready to try any money making opportunities in this market and if you keep trying to force it you will lose even more money than what you have lost already.

Has anyone here done this with waves?  If so, are you really earning that much?  Example you buy enough waves or btc and say have 10k worth to make the math simple.  If you sell the waves or btc for those staked coins on waves exchange... you are going to earn over 30%?  But you get paid how often?  Weekly?  So can't you just cashout your profit each week while keeping the initial 10k worth of that stablecoin there?

To be honest, I only trust binance when it comes to staking or earning interest. Though they may have lower rates as compared to others. I believe, binance won't screw their users. Doubt if the staking platform is offering a high APY, usually, their lifespan are short. Before you can even get your initial investments, they are already gone. So don't be tempted with high APY, better look for the credibility and trustworthiness of the platform.

Lets look into this one.
https://www.binance.com/en/support/announcement/b3260b16e1f2407a8848043a22275044

Offering around 36.79% APY which it is really something that would make you boil and to be interested with those percentages.
We know Binance reputation and if changes comes then we do know on whats next. 

It's not always a real thing though. I remember very clearly places that offered a lot of money to be there, but then as soon as they started to get people, they dropped their rates, or places that scammed others, or places that basically let people wait longer than they should because of "vesting" bs reasons.

All in all, if I do not trust the exchange then I do not trust the rates and I have to say waves isn't exactly at the top of the list of best exchanges. Meaning I would have a hard time trusting their offerings, maybe it could be looking good today, but let's talk about it in 6 months to a year and see where you are still standing and how legit those numbers look.

You must know how to earn profits even if it is a bear market. There is a short trading position if you know it, it is on futures trading and you can use leverage.
If you are also looking for some good APY on staking and if you want it to be less volatile, you can try to use stablecoins taking like on different exchanges or decentralized platforms, try binance, bybit, ftx, crypto.com, etc for centralized exchange, and for decentralized platforms, you can try on Ethereum network, some defi platform or Solana platform.

Whenever you do have plans or considerations on starting up on putting some funds or investment with staking platform or companies then you should really be thinking about the risk involved and try to make out

some research about those past or histories which do involves out bankruptcy and other issues related to this and trying out to balance if you could bare up on the risk or not.

Yes,you cant really able to ignore on how much you could really earn which is really much better compared to traditional but of course the risk is higher.

The Waves.Exchange cryptocurrency exchange offers quite high interest rates for the liquidity pool and staking. A lower APY, but correspondingly less risky placement of your funds, is offered by Binance. You should do your own research to choose a platform, as it is your money and you should be responsible for the decision yourself.

You are protected by the law when you put your money in the bank and you have insurance in case something to the bank that result to lost of your money. On the other hand staking is very risky because you are entrusting your money to a company that has no legal obligation to its investors money. Celsius is the best example here, People who stake money there will the least priority in case they totally go to there bankruptcy plan.

@logfiles suggestion has a lot of sense to be honest because it’s very safe and also profitable. APY on yield farming usually provides 20% and below which is not worthy if you suffer the same scenario on Celsius investors.

Because we got used to that, for example banks which give interest for our money deposited but it is less than the actual inflation rate so we are actually losing money while we deposited there for long time but as a common man they don't realize it and the same kind of thing or traditional also followed here as well when people entering into this market.

I think that nobody wants to lose money, in the event that they want to bet or have their money blocked generating passive income, it should be taken into account that when the BTRC market goes down, obviously large income will not be seen or how the person believes that they will have profitability or profits, it is a matter of having or assuming a risk that can easily be won or lost, in case of not having so much security, it is better that the money is dispersed or is willing to do so, the person tries to forget and put all the trust there and wait as long as necessary.

But it's much safer than locking up one's assets in a third party platform all in the name of staking. Bitcoin can make gains of over 10% in a week or month if one buys it at the perfect time.

For some reason, people, especially newbies, feel “safe” when they send their assets to a centralized and custodial exchange and have the assets staked for months or years without caring about consequences in case things don't go as planned.

If you no longer want to lose money then it will be better for you to stay away from betting because you will surely lose money in it.
Staking is a safer way to go but then again you have to be really smart on which coin you want to stake.
The safest way would be to buy bitcoin or ether and then hold it for a long term.
This might be time consuming but at least you won't lose money unless you sell your coins for a loss.

I think one should go for staking in only the top 20-25 coins. Even though the APY will be lesser, the investment would be safe, and not to mention the price volatility risk would also be lower. Even in top coins, I would suggest splitting up your money into various coins to create a portfolio sort of a thing so that there is one coin like LUNA which dumps like anything, not all your money is gone by this. But yes HODLing becomes even better if you stake your coins and get a good APY. There is nothing like that, only thing is to find the coin at the right price. Just don't be stuck with buying and staking the coins in bull run, instead average out your buys in various sets to ensure you get the optimum price. 

Even if you find an ideal platform, the market is difficult to predict, and therefore rapid changes in price may make the best platforms in a weak financial position, and any unknown change in the price may lead to losses, so the best now is to try to determine the bottom and buy close to it and start with a long-term investment.

Liquidity pools were easy in the past due to the presence of a lot of cash in the hands of citizens and the ease of making a quick profit because the price is in a continuous upward curve.