Topic: staking coins (Read 511 times)
There is almost no risk in staking a coin. When you are staking that means you are running a node and nodes keep a coin healthy.
i recently got about 33k of coins which i can stake using their wallet and that i can make it grow more for after 30 days of staking, i can then receive a certain amount of this coin. whats the risk of staking by the way?
The only risk I guess is if you are staking a dead coin,a coin that you can generate but you cannot sell,so you must be very diligent on what kind of coin are you staking,it will be a waste of funds and energy if you happen to stake a dead coin..
The only risk I guess is if you are staking a dead coin,a coin that you can generate but you cannot sell,so you must be very diligent on what kind of coin are you staking,it will be a waste of funds and energy if you happen to stake a dead coin..
Exactly.
Right now i´m stacking ORB, BLK and DMD.
i recently got about 33k of coins which i can stake using their wallet and that i can make it grow more for after 30 days of staking, i can then receive a certain amount of this coin. whats the risk of staking by the way?
The only risk I guess is if you are staking a dead coin,a coin that you can generate but you cannot sell,so you must be very diligent on what kind of coin are you staking,it will be a waste of funds and energy if you happen to stake a dead coin..
this risk staking coin is only wait is long time
this risk is only price coin is down
if price coin down so you can't profit but you can lost
this risk is only price coin is down
if price coin down so you can't profit but you can lost
i recently got about 33k of coins which i can stake using their wallet and that i can make it grow more for after 30 days of staking, i can then receive a certain amount of this coin. whats the risk of staking by the way?
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