What do you think about staking? | Bitcointalksearch.org

Pandu Geddon

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Quote from: awik p on April 16, 2022, 10:00:06 PM

if we are interested in staking with the aim of getting passive income, then to anticipate what you are worried about, namely by putting some coins for staking, so that if the pump occurs when the contract has not been completed, we can still sell some of our free assets. indeed there is a risk that must be borne because of staking, and that is one of them, on the other hand we must find a good platform for staking, so that our funds are safe

If you decide to stake your assets at a certain time, I think you must have taken into account market conditions at the time you plan to stake.
If indeed you are staking for a long time, of course, you cannot be affected by market conditions. whether it's a pump or a dump.
if you sell the assets you receive from staking, even then I don't think it will be much. You have to be consistent in planning the time you use when staking your assets.

awik p

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Quote from: sensimilia on April 16, 2022, 11:13:38 AM

Quote from: jhonjhon on February 14, 2022, 09:01:54 AM

Crypto staking is just like keeping your money on the bank for a particular period of time and then you'll earn an interest on it.In staking,you are also required to agree to not withdraw your cryptocurrencies until the end of agreed time period.In these process, it helps you to gain an extra reward/money.The reward that you can earn from staking depending on the length of time you hold it. The longer the stake duration, the higher your returns.

What we have seen is that the trick is to get income from it, but here it is at a certain interest and here with time we make so many mistakes like depositing it in the bank. We'll regret it half way, but the reason here is that the pump is facing and we want to sell it, so of course it can't do this kind of thing here, but it has to be considered before acting.

if we are interested in staking with the aim of getting passive income, then to anticipate what you are worried about, namely by putting some coins for staking, so that if the pump occurs when the contract has not been completed, we can still sell some of our free assets. indeed there is a risk that must be borne because of staking, and that is one of them, on the other hand we must find a good platform for staking, so that our funds are safe

Webetcoins

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Quote from: sensimilia on April 16, 2022, 11:13:38 AM

Quote from: jhonjhon on February 14, 2022, 09:01:54 AM

Crypto staking is just like keeping your money on the bank for a particular period of time and then you'll earn an interest on it.In staking,you are also required to agree to not withdraw your cryptocurrencies until the end of agreed time period.In these process, it helps you to gain an extra reward/money.The reward that you can earn from staking depending on the length of time you hold it. The longer the stake duration, the higher your returns.

What we have seen is that the trick is to get income from it, but here it is at a certain interest and here with time we make so many mistakes like depositing it in the bank. We'll regret it half way, but the reason here is that the pump is facing and we want to sell it, so of course it can't do this kind of thing here, but it has to be considered before acting.

He only said that staking was like a bank to that fact that it also gives you interest from storing your money on a certain platform but it cant replace other features that banks have, bank are still needed. It's not a mistake when someone deposits in the bank because banks can still safeguard your money as long as it's a trusted and old bank.

Why regret it when banks are not like staking that have a lock in period? You can always pull out your money in the bank if you change your mind. It's also fine to sell on pumps, that's better than selling at dumps or selling at a loss. Once you get a profit from the pump, you can always re invest again.

chikading2016

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Staking is a good way of earning, i stake my tokens while holding this has a big advantage if you stake the coin because it can give you profit even if you are sleeping, you will earn a reward for the time you hold the coin, i see there is is a lot of investors do staking and it is simple and profitable so i do staking too.

sensimilia

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Quote from: jhonjhon on February 14, 2022, 09:01:54 AM

Crypto staking is just like keeping your money on the bank for a particular period of time and then you'll earn an interest on it.In staking,you are also required to agree to not withdraw your cryptocurrencies until the end of agreed time period.In these process, it helps you to gain an extra reward/money.The reward that you can earn from staking depending on the length of time you hold it. The longer the stake duration, the higher your returns.

What we have seen is that the trick is to get income from it, but here it is at a certain interest and here with time we make so many mistakes like depositing it in the bank. We'll regret it half way, but the reason here is that the pump is facing and we want to sell it, so of course it can't do this kind of thing here, but it has to be considered before acting.

Joshapat

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I started to try staking on DEX and spot exchanges like Kucoin, and Binance, of course, when compared to profit, DEX gives a very large APY, even up to more than 100%, but we have to be smart to choose the reward coins we stake because many things can happen , it is safer if we staking in one direction, namely the coins we produce are the same coins (auto staking).

Lubang Bawah

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Quote from: nhaila on April 14, 2022, 05:38:03 PM

Of course I agree with staking in exchange specially the top ranked exchanges likes, Binance, Kucoin. I already invested more than 10000$ staking for 10 percent apy in Binance. But I also invested 15.88 percent Apy in xt exchange.

Staking on top exchanges is a better and safer solution, I've also been staking on binance for more than a year and getting bigger profits than interest banks, and since many malicious programs appeared in various media such as email, facebook, telegram chat and so on making I don't want to store and stake in DEX, it's very risky.

strunberg

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Quote from: nhaila on April 14, 2022, 05:38:03 PM

Of course I agree with staking in exchange specially the top ranked exchanges likes, Binance, Kucoin. I already invested more than 10000$ staking for 10 percent apy in Binance. But I also invested 15.88 percent Apy in xt exchange.

if we compare with deposit rate at common bank, its better to stake our money into crypto exchange. for less risk investors kind, maybe this is suitable as their portofolio, maybe its return not as much as with trading result but our money safe here and still earn return.

nhaila

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Of course I agree with staking in exchange specially the top ranked exchanges likes, Binance, Kucoin. I already invested more than 10000$ staking for 10 percent apy in Binance. But I also invested 15.88 percent Apy in xt exchange.

Marvell1

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Quote from: MinMan on April 14, 2022, 09:43:25 AM

Quote from: n0v41337 on April 13, 2022, 12:37:26 PM

Staking is a good way to increase the amount of the assets by holding for some periods. Before you stake, you need to know that the rewards need some time to increase and sometimes, when the price increase but you do not earn much amount so you still need to wait for more.

In investing we normally earn a profit once the value of the coins increases but on staking we can earn less once the price of the coins increases? So that means, the only way to earn huge is when the price of the coin decreases? ah so staking is like the opposite of investing.

We can include staking in our investing activity so that whatever happens with the price, either it will rise or fall, we can still expect to earn a profit. We should only be wise though and cash out the profits once we think its already sufficient so that we won't lose it eventually. We can always start again at the beginning by putting smaller amounts, rinse and repeat.

Usually an investor chooses to staking, they will not be interested in the short-term price increase. Staking helps us to increase the number of coins we hold, is a form of passive income when someone doesn't have time for day trading or they prefer to be safe.

The staking will not be able to give quick returns like investing or day trading but it is safe and idle.

If you are a savvy investor and want to maximize your profits, you should combine the two. This will help you stay flexible and not passive.

jossiel

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Quote from: Pejoh Asu on April 14, 2022, 02:34:26 AM

Staking has proven to be profitable especially if we are staking for the long term, but we must pay attention to the security side, if we are staking on spot exchanges then this is very safe, but if we are staking on DEX then always make sure the PC security system because currently more and more programs are available can hack our assets.

Don't also forget the real time value of the crypto you'll stake.

E.g. Like if you have bought that token this day @ $50 and then you have already staked it. The value will decrease if the market price of that token also drops.

So that's part of the risk that you need to remember but if you're okay with that and you'll just leave it there for a long time then you've got no problem.

MinMan

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Quote from: n0v41337 on April 13, 2022, 12:37:26 PM

Staking is a good way to increase the amount of the assets by holding for some periods. Before you stake, you need to know that the rewards need some time to increase and sometimes, when the price increase but you do not earn much amount so you still need to wait for more.

In investing we normally earn a profit once the value of the coins increases but on staking we can earn less once the price of the coins increases? So that means, the only way to earn huge is when the price of the coin decreases? ah so staking is like the opposite of investing.

We can include staking in our investing activity so that whatever happens with the price, either it will rise or fall, we can still expect to earn a profit. We should only be wise though and cash out the profits once we think its already sufficient so that we won't lose it eventually. We can always start again at the beginning by putting smaller amounts, rinse and repeat.

Pejoh Asu

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Quote from: n0v41337 on April 13, 2022, 12:37:26 PM

Staking is a good way to increase the amount of the assets by holding for some periods. Before you stake, you need to know that the rewards need some time to increase and sometimes, when the price increase but you do not earn much amount so you still need to wait for more.

Staking has proven to be profitable especially if we are staking for the long term, but we must pay attention to the security side, if we are staking on spot exchanges then this is very safe, but if we are staking on DEX then always make sure the PC security system because currently more and more programs are available can hack our assets.

n0v41337

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Staking is a good way to increase the amount of the assets by holding for some periods. Before you stake, you need to know that the rewards need some time to increase and sometimes, when the price increase but you do not earn much amount so you still need to wait for more.

CNMOH

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In my opinion, I think staking is a very good way to earn passively. Users do not need to spend too much time and effort but can still earn more money, the only thing to do is stake the number of coins/token they want and choose the desired time. However, it is necessary to carefully study and select projects that are good and have potential for future development in order to achieve high profits.

endut15

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If you don't want to take the risk don't take the platform step just to test, you have to choose your best platform. so you get passive income. I also heard about NewsCrypto, and I often get positive news. however, if you want to give NewsCrypto a try, you'll have to enter just a little bit. as you said to test that platform, we have to be careful.

horrifiedx1

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Quote from: Taskford on April 13, 2022, 08:35:17 AM

Quote from: lepbagong on April 13, 2022, 03:53:09 AM

Broadly speaking, of course, we must first know staking, it is very similar to deposits in conventional banks in general. will earn interest and are kept within a certain period of time that has been agreed upon at the beginning. but the assets obtained will be the same as those staked, not in the form of fiat.
of course there will always be an impact from the staking;
loss :
your crypto assets will be locked for a certain period of time. During this certain time, you cannot sell the coins. This of course can harm you.
advantage :
you can generate passive income or profit without having to do trading or mining activities on crypto assets. Staking coins is also considered to have a smaller risk when compared to trading or mining activities.

so everything is returned to the situation of each individual who wants to stake and must think carefully before deciding to stake.

For all of this we can expect that the return is so low on long lock up period set by your account so for me this is not totally worth it since imagine those times that you might possibly get a huge profit if you just trade this in span of many months. Those two things what you mention is good points but maybe people should consider all things they need to know and they should take decision towards this base on what they research because there are so many things worth than staking your funds in certain platform.

I personally have never actually staked, just a little knowledge that I consider. Staking means that our coins are locked for some time and that's inconvenient for me, because I'm the type of person who will sell my coins in the medium term, so staking limits me from selling or even getting penalized if I'm desperate to withdraw it before the time limit is reached. . with unexpected market movements then I have to be ready to sell it when the pump occurs, and that no one knows when it will happen

zaesvlas

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To be honest, for me it's more a game than a job. I can not say that you can earn some money on this. Rather, it's a bit the other way around.

Taskford

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Quote from: lepbagong on April 13, 2022, 03:53:09 AM

Broadly speaking, of course, we must first know staking, it is very similar to deposits in conventional banks in general. will earn interest and are kept within a certain period of time that has been agreed upon at the beginning. but the assets obtained will be the same as those staked, not in the form of fiat.
of course there will always be an impact from the staking;
loss :
your crypto assets will be locked for a certain period of time. During this certain time, you cannot sell the coins. This of course can harm you.
advantage :
you can generate passive income or profit without having to do trading or mining activities on crypto assets. Staking coins is also considered to have a smaller risk when compared to trading or mining activities.

so everything is returned to the situation of each individual who wants to stake and must think carefully before deciding to stake.

For all of this we can expect that the return is so low on long lock up period set by your account so for me this is not totally worth it since imagine those times that you might possibly get a huge profit if you just trade this in span of many months. Those two things what you mention is good points but maybe people should consider all things they need to know and they should take decision towards this base on what they research because there are so many things worth than staking your funds in certain platform.

rojan

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Quote from: ?? on ??

Quote from: TheGreatPython on January 30, 2022, 10:40:33 AM

Sometimes this is why I would prefer to just buy Bitcoin and HODL instead of having to face the problems of these Altcoins.

I've seen people with the same reason as you.

Many of them preferred to just buy and hold bitcoin or those altcoins that can be staked. They're feeling that there's no need for them to do that and earn with those percentages.

But if the concern is about the value, just choose those platforms that making you choose the flexible term for which you can withdraw at any time.

Looking at the styling so that I can discuss it here, I would say that this song is an initiative only to improve the value of coins and this platform and because there is always a risk from here but from here on the platform to grab points from there may not be reliable for them but our Tawfiq may have run away, but I think it's better to keep the coins in our personal wallets.

Topic: What do you think about staking? (Read 1576 times)