Staking comes with risks, however they are reduced significantly by coins you stake and services you stake with. Sticking to native solution is always better, or at most a non-custodial one.
Several cexes also offer staking services today, however don't trust them with large amount of funds. Suppose, you have 5 BTC then don't get lured by staking interest from CEX as you are taking significantly more risk putting your funds than whatever rewards you may earn there.
Here is useful site to know about various staking coins and staking platforms: https://www.stakingrewards.com/
Topic: Staking really great way in crypto wealth - page 6. (Read 728 times)
Staking when price fall you just buy more and put in to staking once price goes up you don't need to sell it you continue to staking so after u earn more.
The new feature on exchangers the EARN could be one of the best ways to earn income some of them Even no lock up or little as 14 days.
No liquitation risk and you sleep well newbie friendly method..instead of trading off course If you know what you doing trading good Also but staking Are great one.
Staking coin is very good especially if the price of the coin is low, when you stake some coins, you get reward for staking the coin which means that you will get additional coin to be added to your own, so instead of holding the coin, staking it will be better so that you can gain more coin. The new feature on exchangers the EARN could be one of the best ways to earn income some of them Even no lock up or little as 14 days.
No liquitation risk and you sleep well newbie friendly method..instead of trading off course If you know what you doing trading good Also but staking Are great one.
Don't think about staking is running well and you earn profit on every days until end period of your coins staking, learned from many coins support staking and have been listed on bigger exchange like Binance can't guarantee with stable price until ended of staking period. You can research with AXS and Solana because both coins give higher reward staking and have been listed on Binance.
But without one year or staking period ended both coins drop drastically and almost loss 80% if some one staked on all time higher price, don't have in your minds about staking is best thing for earn passive income from cryptocurrency.
But without one year or staking period ended both coins drop drastically and almost loss 80% if some one staked on all time higher price, don't have in your minds about staking is best thing for earn passive income from cryptocurrency.
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Staking is indeed a great way to earn some extra money, but I honestly do not advice it be done on centralized exchanges, though centralized exchanges offer a better, much higher APR, but they staking on your non-custodial wallet is much safer.
Some weeks back, Renec Blockchain ran a staking program on Lbank, I staked about $500, the program lasted for about 2 weeks, and in the end, I earned close to $20, this is incredible, but what I must confess to you is that, through out the staking period, my mind was not at rest, this is for the known fact that it is really risky to hold coins you are not ready to sell on centralized exchanges, they are prone to hack at anytime, your coins are better safe with you than with centralized exchanges.
Some weeks back, Renec Blockchain ran a staking program on Lbank, I staked about $500, the program lasted for about 2 weeks, and in the end, I earned close to $20, this is incredible, but what I must confess to you is that, through out the staking period, my mind was not at rest, this is for the known fact that it is really risky to hold coins you are not ready to sell on centralized exchanges, they are prone to hack at anytime, your coins are better safe with you than with centralized exchanges.
Staking when price fall you just buy more and put in to staking once price goes up you don't need to sell it you continue to staking so after u earn more.
The new feature on exchangers the EARN could be one of the best ways to earn income some of them Even no lock up or little as 14 days.
No liquitation risk and you sleep well newbie friendly method..instead of trading off course If you know what you doing trading good Also but staking Are great one.
Never think that staking will give you a decent profit while holding and besides, this is too risky on your part. I'm not going to stop you but I like to help you out from thinking that this is a good solution to earn more without doing anything because the reality is that, it is just only a penny. The new feature on exchangers the EARN could be one of the best ways to earn income some of them Even no lock up or little as 14 days.
No liquitation risk and you sleep well newbie friendly method..instead of trading off course If you know what you doing trading good Also but staking Are great one.
Trading is way better but I don't ask you to do that if you are not knowledgeable about this otherwise, you are just throwing your money into the other hands. For any of these strategies and ways of earning, you must have to choose reputable exchanges, most especially if you are staking.
Staking is surely a way to earn some coins in profit when you finally sell off it but you have to know that the margin of profit you can get while staking your coin is very minimal if you have to trade it. Although trading is difficult and scary 
A good decisive trade can give you more than 100% - 200% turn over to your initial value of coin in just a month (30days of staking) and that calculated over 120 days (3 months) but if you stake in a month you can only have less than 12%-16% and more less percentage in staking profit for 60 days or 120 days because in staking the higher the durational time of keeping your coins in hodl on the exchange, the lower your profit or earning staking bonus vice versa. This is what you need to consider in staking. Another thing is the staking earning percentage is not at random for every coin. Example, the percentage you will have for staking differs in different exchanges and also depending on the coins usability and demand. In binance for example, I have noticed the available time for staking differs in different coins, Shiba has longer time for staking up to 120 days with higher percentage in earning but ctsi is more shortened with lower earning percentage.
A good decisive trade can give you more than 100% - 200% turn over to your initial value of coin in just a month (30days of staking) and that calculated over 120 days (3 months) but if you stake in a month you can only have less than 12%-16% and more less percentage in staking profit for 60 days or 120 days because in staking the higher the durational time of keeping your coins in hodl on the exchange, the lower your profit or earning staking bonus vice versa. This is what you need to consider in staking. Another thing is the staking earning percentage is not at random for every coin. Example, the percentage you will have for staking differs in different exchanges and also depending on the coins usability and demand. In binance for example, I have noticed the available time for staking differs in different coins, Shiba has longer time for staking up to 120 days with higher percentage in earning but ctsi is more shortened with lower earning percentage. 
This board is about trading, not about staking. You can move this thread to altcoin board, or maybe service discussion if you know you are staking or earning from exchange staking.
You should know that not all earnings on exchanges are staking. Earning can be gotten from the leverage given to traders too and some other things.
But the main thing is that you should earn by staking on noncustodial wallet or using a decentralized exchange if you like the coin and see the potential that the coin will rise after a significant fall or bear market.
Know that altcoins are gambling, be careful and do not use more than what you can afford.
Very important to know that staking on an exchange means you have no complete control and it means anything can happen to your coins if you give it out as you give it to the exchanges to do it for you. Better to use a noncustodial wallet or connect to a decentralized exchange to stake.
You should know that not all earnings on exchanges are staking. Earning can be gotten from the leverage given to traders too and some other things.
But the main thing is that you should earn by staking on noncustodial wallet or using a decentralized exchange if you like the coin and see the potential that the coin will rise after a significant fall or bear market.
Know that altcoins are gambling, be careful and do not use more than what you can afford.
Very important to know that staking on an exchange means you have no complete control and it means anything can happen to your coins if you give it out as you give it to the exchanges to do it for you. Better to use a noncustodial wallet or connect to a decentralized exchange to stake.
Staking when price fall you just buy more and put in to staking once price goes up you don't need to sell it you continue to staking so after u earn more.
The new feature on exchangers the EARN could be one of the best ways to earn income some of them Even no lock up or little as 14 days.
No liquitation risk and you sleep well newbie friendly method..instead of trading off course If you know what you doing trading good Also but staking Are great one.
The new feature on exchangers the EARN could be one of the best ways to earn income some of them Even no lock up or little as 14 days.
No liquitation risk and you sleep well newbie friendly method..instead of trading off course If you know what you doing trading good Also but staking Are great one.
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