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Topic: Should I stake my TRXs now? (Read 268 times)

member
Activity: 385
Merit: 12
July 23, 2020, 08:44:11 AM
#43
If you want to hold tron for a long term and if you have a strong feeling that price will be increase then you can stake your Trx coin.When holding the coin if you get rewards then why not?I think its not late and you can use trust wallet or Atomic wallet for staking tron.And I think you bought tron for a higher price so naturally you are in loss.So without holding you can't do much.You can just wait for tron to rise and with staking you can earn extra tron which will be very helpful.
legendary
Activity: 3150
Merit: 1069
July 18, 2020, 10:27:24 AM
#42
I've been following TRON for a while and they have an impressive growth specially on the number of dapps that are coming out every day. Tron's price too have increased a lot and I'm already cashing in the profit. I have also invested in tron related dapps, mostly the gambling ones for some profit. The high risk dapps too are a fun to try but everyone should know that they are ponzi that would stop providing coins when they have no enough new deposits.
full member
Activity: 1292
Merit: 101
Vave.com
July 18, 2020, 09:34:54 AM
#41
TRX is always a good token to stake .I think its still on low price you can stake it but it could be so better to stake on past as you said you are holding from 2017.
sr. member
Activity: 1680
Merit: 262
July 18, 2020, 09:30:57 AM
#40
it can be a good way, because in the middle of this pandemic we cannot freely leave the house or area. many restrictions, and the most effective way to make money is from home. and trading can be the right choice for the current situation. although the market is still down, I think you need to try it by looking at the chart and the possibility of an increase that can occur.
copper member
Activity: 966
Merit: 14
July 18, 2020, 09:21:11 AM
#39
You had a reason for holding till now and therefore if you believe staking won't change your mindset later on then go for it. Since it is just staying in the wallet dormant and you have the urge to stake it, then I would say you stake it as it is better than just holding in this case. Also, I try to understand your point of view probably why you haven't considered staking all this while; I have understand that most people don't like staking they just prefers holding so as to be free from unforseen circumstances, but in this situation I would say you stake it. Another reason why I support the staking is that, it can easily be done with trust wallet.
hero member
Activity: 2282
Merit: 659
Looking for gigs
July 18, 2020, 09:05:38 AM
#38
I would greatly appreciate all of your opinions here. Some of you said I should stake, while there’s a suggestion that I should lend, etc. I am still taking my time to decide whether I stake, lend or just stay as ease though.

I do have Ledger Nano S in my possession, so I can transfer TRXs here from Binance and stake it afterward. But yeah, who knows if TRX later on would be huge in the long run. I am not shorting TRXs though even if it dumps big time after the 2017 greatest pump. I’m gonna long it anyways.

I've been staking TRX on my ledger for months and have no intention of selling at current prices. The only downside is it appears if you hold TRX on a ledger you miss out on the monthly BTT airdrop

And what about the monthly BTT airdrop? Is it on the Binance staking? Or other wallets? I had no idea about that monthly airdrop you said. Thanks!
legendary
Activity: 3066
Merit: 1129
July 18, 2020, 09:02:27 AM
#37
My TRXs are just sitting in my wallet since late 2017. Until now, I never sold them because I still believe in their project and could turn the price around later on.

I was thinking of staking my TRXs in my Trust Wallet. I understand there are risks in staking, but since my TRXs are just sitting for a long while, do you think this is a good idea especially in this COVID-19 pandemic?
I have bought big amount of TRON by the times of early 2019 when they announced their about monthly giveaway of bittorent tokens for TRON holders. I have bought and I just leave off them in the local exchange and I am collecting BTT tokens every month for almost zero value and TRON has fallen up to 4x hence I'm not having any other option except continue holding them.

I guess it would be really a great idea if there are options for staking TRON safely; like you I am also gathering information about staking TRON in Trust wallet and also I read that Kucoin exchanges are also offering staking options for TRON with some different interest rates than Trust wallet.

except TRON daily rewards or smart contract ponzis out there. 

What is daily tron rewards? I am sorry I have not heard anything like that even I am holding Tron for more than a year. But, I do get worthless tokens into my addy just for the reason of holding Tron. If you could add more information on this, that would be really helpful for me to make use of any stuff, I have been using out for years.
sr. member
Activity: 1372
Merit: 261
July 18, 2020, 07:08:18 AM
#36
I think it is better than just holding and it seems that you don't have a plan to sell it so it is better to stake it rather than just letting it sleep on your wallet.
At least you are earning while keeping your TRX the price doesn't seems to be growing so if you wouldn't sell it then go stake it and earn while waiting.
jr. member
Activity: 362
Merit: 7
July 18, 2020, 06:13:11 AM
#35
I would greatly appreciate all of your opinions here. Some of you said I should stake, while there’s a suggestion that I should lend, etc. I am still taking my time to decide whether I stake, lend or just stay as ease though.

I do have Ledger Nano S in my possession, so I can transfer TRXs here from Binance and stake it afterward. But yeah, who knows if TRX later on would be huge in the long run. I am not shorting TRXs though even if it dumps big time after the 2017 greatest pump. I’m gonna long it anyways.

I've been staking TRX on my ledger for months and have no intention of selling at current prices. The only downside is it appears if you hold TRX on a ledger you miss out on the monthly BTT airdrop
hero member
Activity: 2282
Merit: 659
Looking for gigs
July 18, 2020, 06:08:23 AM
#34
I would greatly appreciate all of your opinions here. Some of you said I should stake, while there’s a suggestion that I should lend, etc. I am still taking my time to decide whether I stake, lend or just stay as ease though.

I do have Ledger Nano S in my possession, so I can transfer TRXs here from Binance and stake it afterward. But yeah, who knows if TRX later on would be huge in the long run. I am not shorting TRXs though even if it dumps big time after the 2017 greatest pump. I’m gonna long it anyways.
member
Activity: 224
Merit: 18
Sovryn - Brings DeFi to Bitcoin
July 18, 2020, 05:59:15 AM
#33
Holding Tron in your private wallet without staking can earn you some other coins, it's rewarding holding Tron and it's also not bad if you plan to stake your Tron too, I prefer holding because price pump can happen at any time and you might be stuck trying to unstake
full member
Activity: 728
Merit: 104
July 18, 2020, 03:55:11 AM
#32
My TRXs are just sitting in my wallet since late 2017. Until now, I never sold them because I still believe in their project and could turn the price around later on.

I was thinking of staking my TRXs in my Trust Wallet. I understand there are risks in staking, but since my TRXs are just sitting for a long while, do you think this is a good idea especially in this COVID-19 pandemic?

I would definitely looking forward to your suggestions about this to enlighten me, like you may have a better idea, etc. (except TRON daily rewards or smart contract ponzis out there). 

Thanks in advance!
As far as I know if we hold TRX we will get several tokens like JST and BTT every few months, but I don't know if if we do staking for TRX we will still get BTT and JST. If the opportunity is lost in my opinion it's better not to do staking.
full member
Activity: 1750
Merit: 118
July 18, 2020, 12:37:26 AM
#31
If you've bought them since the end of 2017, I think it's difficult for prices to return and help you recover your losses. But we will never know the future, so you can keep holding it and wait if you believe in the project.

in the end of the year 2017 the price of the cryptos started to go down so if ever he bought his trx by that time he is fine but judging his post he said he is waiting for a good pump so i believe that he bought it in the middle of the pump on the year 2017 and unfortunately he got caught out by the dip  .  his best bet is that he can stake it for more faster profits   . hodling and waiting manually can be tiresome especially that we are on pandemic where people dont expect a good increase these times  .
full member
Activity: 826
Merit: 104
July 18, 2020, 12:27:40 AM
#30
My TRXs are just sitting in my wallet since late 2017. Until now, I never sold them because I still believe in their project and could turn the price around later on.

I was thinking of staking my TRXs in my Trust Wallet. I understand there are risks in staking, but since my TRXs are just sitting for a long while, do you think this is a good idea especially in this COVID-19 pandemic?

I would definitely looking forward to your suggestions about this to enlighten me, like you may have a better idea, etc. (except TRON daily rewards or smart contract ponzis out there). 

Thanks in advance!
If you've bought them since the end of 2017, I think it's difficult for prices to return and help you recover your losses. But we will never know the future, so you can keep holding it and wait if you believe in the project.
jr. member
Activity: 78
Merit: 1
July 18, 2020, 12:25:17 AM
#29
Staking is a good way to multiply your token within few years, though I don't know how trust wallet Staking rewards looks like but am sure it will surely worth the wait, so I will advice you go ahead and stake your trx till you feel is the right time to sell off.
legendary
Activity: 2268
Merit: 1655
To the Moon
July 17, 2020, 03:25:00 PM
#28
I would support it.
I personally stake TRX in my Ledger wallet, and with about 34k TRX, i get around 5 TRX per day. Not much, but better than nothing, right?
Not sure how it work on Trust wallet, but on ledger, you basically vote for a delegate (Binance) and it freezers your TRX. Every few days you can log in and claim your try which arrive in your wallet

I have a part of TRX on the account of Poloniex and Binance. In this case, the accrual is made even on the balance that is in the open orders. The difference is that on Poloniex the payment is made 2 times a month, and on Binance 1 time for the same period. I believe that this is very profitable if you hold TRX for a long period.
legendary
Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
July 17, 2020, 02:56:43 PM
#27
I say yes! Better to stake them on all on something legit and have them accruing consistent and residual income/profits than to allow them sitting on your wallet without increasing in value or worth. There are some very good places you can stake your TRX and I have a lot of friends who have been doing this for some time now and the results have been pretty impressive. I advice you to get on one of the staking exchanges and sites and have your TRX staked.

what those impressive results are? how many percents on a yearly basis?
i can not think that it is something impressive, could not say that it is better just to sit there and not earning value, but would not call impressive few percents on a yearly basis
jr. member
Activity: 165
Merit: 1
July 17, 2020, 02:54:17 PM
#26
I say yes! Better to stake them on all on something legit and have them accruing consistent and residual income/profits than to allow them sitting on your wallet without increasing in value or worth. There are some very good places you can stake your TRX and I have a lot of friends who have been doing this for some time now and the results have been pretty impressive. I advice you to get on one of the staking exchanges and sites and have your TRX staked.
full member
Activity: 840
Merit: 100
Oikos.cash | Decentralized Finance on Tron
July 17, 2020, 02:08:07 PM
#25
I think TRX will rise again. Justin Sun is a very successful market maker and he knows how to promote his project. I believe in this project and I think that the price will return to its ATH
jr. member
Activity: 573
Merit: 1
July 17, 2020, 01:46:45 PM
#24
I think its not a bad idea staking trx , i am also staking some i bought since last. since the moon i am expecting hasn't come yet i still know that trx has the potential of increasing in value if not now in the nearest future i will advise yous take instead of just holding .
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