Topic: Staking - some question for a newbie (Read 511 times)

Hey guys I hope I can ask my question here.

Does staking harm your Computer or is it risk free? I mean can it damage the computer or  does it only cost some electricity for running the computer the whole time?

Thank you!

1. STaking starts after some period time ( check Your coin ANN for min stake time ) You can send them somewhere and get back but Staking will start from begining.
2. Yes
3. Allow. Like this You actually get free coins ( no mining just open wallet )
4. Always win depends on % if Your Coin tell 100% POS / year it means if You start from 1 coin after 365 days You will get + 1 Coin. You will get reward daily or hourly or weekly but reward will be like 0.0001 0.0005 etc but finally after 1 year You will get 100% + of Your Balance

Company? Is it something to invest? or is it a coin?

Example i have a 100 coins ABC in my wallet and staking starts after 24h ( min age for staking )
it have 1% anually.
After 24h when i got my wallet balance i start to stake. after let's say 2h more i got first reward of 0.00003 ABC after 2 min another wreward of 0.00012 ABC, after let's say 1 day nothing and i got next reward of 0.004 ABC later let's say 2 weeks nothing and i got next reward etc etc etc

let's say i decide to get more coins in my wallet and i bought more. I've send them to my wallet and I  need to wait again 24h to start staking with new balance ( i still staking with old balance )

Now let's say i have 1000 ABC ( i bought 900 ) than and from now i will also get 1% per year but my reward after 365 days will be bigger. Before with 100 ABC i will earn 1 ABC after 1 year now i will earn 10 ABC after 1 year.

I hope i helped You

It has been a long time since i last staked coins, but if i remember correctly, the answers to your questions are these:
1) when you receive a stake, the coins you get a stake on are temporarry not sellable, the rest can be transferred, but they lose their age (thus have less chance of getting a stake)
2) yes*
3) it's up to you, if you want to be able to trade 100% of your coins 100% of the time, or if you insist on locking your wallet, you shouldn't stake, otherwise i see no harm
4) you'll always gain, unless your pc gets hacked (an unlocked wallet is vulnerable)

* if i remember correctly, there were some ways of circumventing this, and unlocking a wallet for minting only...

Which coin are you staking, regardless of the coin you cannot lose coins from staking.

Hello - I was wondering if you could explain a few things to me:
1) My wallet is automatically staking - Does this means the coins that it takes will no longer be available to sell if I want to sell?
2) Must my wallet be open and unlocked to stake?
3) Should I allow my wallet to stake all my coins or should I stop it?
4) If I stake all my coins could I lose some or will I always gain?
Company has promised 10%annually
This whole concept is a little confusing.