Topic: What do you think about staking? - page 4. (Read 1576 times)
Its smarter to stake on Liquidity Pool then, at that point, stake your LP on Dapps that will boost your yield. Holding your coin on CEX and stake it there won't give you a greatest conceivable benefit. Holding resources in your wallet is in a way still inactive acquiring, hodling is as yet a thought that individuals would in any case consider, particularly assuming the coin is something that develops pretty above and beyond time.
Hi everybody
I wanted to talk about staking. In my opinion, this is a good way to increase assets that would otherwise just lie in the wallet. I recently tried staking on the NewsCrypto platform, the market situation is not entirely certain now, so I am trying to extract maximum profit from my assets.
Staking will help you to increase your token amount. But staking you will not help to reach your token value. In that case the token price starts to increase a bit at the beginning of the stacking but when you put your token in the stacking you will see after a while that the price of that token will start to decrease. In that case, even if the amount of your token increases, you will be at a loss in terms of price. I wanted to talk about staking. In my opinion, this is a good way to increase assets that would otherwise just lie in the wallet. I recently tried staking on the NewsCrypto platform, the market situation is not entirely certain now, so I am trying to extract maximum profit from my assets.
Hi everybody
I wanted to talk about staking. In my opinion, this is a good way to increase assets that would otherwise just lie in the wallet. I recently tried staking on the NewsCrypto platform, the market situation is not entirely certain now, so I am trying to extract maximum profit from my assets.
Speaking of nws, I liked the fact that there are many different plans to choose from, I decided to try staking for 3 months to test the platform. But I think I was not mistaken about the decision. nws has a lot of positive news, and I think the price will only rise. What do you think about staking and do you use this feature?
Staking has become the choice of many crypto players at this time imo...I wanted to talk about staking. In my opinion, this is a good way to increase assets that would otherwise just lie in the wallet. I recently tried staking on the NewsCrypto platform, the market situation is not entirely certain now, so I am trying to extract maximum profit from my assets.
Speaking of nws, I liked the fact that there are many different plans to choose from, I decided to try staking for 3 months to test the platform. But I think I was not mistaken about the decision. nws has a lot of positive news, and I think the price will only rise. What do you think about staking and do you use this feature?
For those who want long term investment or hold their tokens for a long time then staking is a good option. I also do staking in guarda wallet and celsius network. before staking keep DWOR!
Staking is good if those legit sites offered a safe haven for your funds and don't take for granted your money. For me I have no such confidence with staking, because I haven't tried to deal with this type of profit gaining platform.
Previously I've tried parking on some coins but suddenly it failed, and the project itself went out dead and out of circulations.
Those platforms will guarantee that your funds are safe with them. Who doesn't offer that? They'll voice out that everyone is going to assure the safety of their money if they deposit or stake through them. But you get to know if they're lying or not. If they're giving you the private keys as you stake then it's really the truth that they're saying about the safety of funds. Yet if not, then that's the thing that they're not really taking care of what they're saying, they have the private keys but they're keeping it to themselves. Previously I've tried parking on some coins but suddenly it failed, and the project itself went out dead and out of circulations.
This is similar to parking before; the problem with this is that if there are a large number of users, how do they pay them all at the same time. My knowledge of staking is limited, but I believe it has potential while still in its infancy. However, as time passes and more users stake their coins, it may have an adverse effect on your profits due to a decrease in the value of the coin and the uncertainty as to whether the owner will be able to keep up with payments to those stakers.
Common or main factors that would affect interest rates or growth would really be depending on how many people do stake out their coins which it is really just commonsense that APY would be mainly affected.The thing i do like the most in some platforms is that you could stake/unstake instantly and anytime compared into those
having lock time period which i dont really like the most since you could really able to pull out your investment anytime you do see some market changes
or something attached to it.
This is similar to parking before; the problem with this is that if there are a large number of users, how do they pay them all at the same time. My knowledge of staking is limited, but I believe it has potential while still in its infancy. However, as time passes and more users stake their coins, it may have an adverse effect on your profits due to a decrease in the value of the coin and the uncertainty as to whether the owner will be able to keep up with payments to those stakers.
Staking is good if those legit sites offered a safe haven for your funds and don't take for granted your money. For me I have no such confidence with staking, because I haven't tried to deal with this type of profit gaining platform.
Previously I've tried parking on some coins but suddenly it failed, and the project itself went out dead and out of circulations.
Previously I've tried parking on some coins but suddenly it failed, and the project itself went out dead and out of circulations.
I wanted to talk about staking. In my opinion, this is a good way to increase assets that would otherwise just lie in the wallet. I recently tried staking on the NewsCrypto platform, the market situation is not entirely certain now, so I am trying to extract maximum profit from my assets.
Speaking of nws, I liked the fact that there are many different plans to choose from, I decided to try staking for 3 months to test the platform. But I think I was not mistaken about the decision. nws has a lot of positive news, and I think the price will only rise. What do you think about staking and do you use this feature?
I have not seen the need for me to make use of this feature, but I still think that it is a really good thing to have. If you see the need to stake your cryptocurrency, then you can go ahead and do that. Staking is like another means for you to increase the earnings that you are making, although on a normal when you buy cryptocurrency and store in your wallet, you would be making profit (or loss) from the normal increase and decrease of the cryptocurrency that you have invested in.Speaking of nws, I liked the fact that there are many different plans to choose from, I decided to try staking for 3 months to test the platform. But I think I was not mistaken about the decision. nws has a lot of positive news, and I think the price will only rise. What do you think about staking and do you use this feature?
So, staking is like a way to kind of increase what you are getting. But when you are staking, you have to make sure that you are staking only the right coins, because staking the wrong coin is going to be a total waste of your time.
Yes, Indeed. This is a good way to increase assets. I didn't use this kind of platform but, as far as I know Staking cryptocurrency is a way to grow your crypto holdings without buying more. You’ve probably heard of people making money by trading cryptocurrencies. But there’s a different way to grow your crypto holdings without having to buy more. Staking is a way of preventing fraud and errors in this process. I know that platform but don't visit it most of the time.
Yes staking is a way to growing your crypto asset but it also has a big disadvantages compared to the benefit one can make when you stake a token or coin. I could remember the loses I made when I staked one of the token I was holding. When the token was teased to me after being staked with interest, the token has already lost value which brought heavy loses.Staking can indeed give us passive income, but not all coins are good for staking, then do research and analysis to be able to determine which coins
are right for staking. Then another thing that must be considered is choosing a place for staking, don't we choose a place that does not yet have
a good reputation. Because so many people become victims of fraud if they choose the wrong place. I'm not really interested in staking because
usually I get a small profit, because most staking offers low interest rates. I choose trading, besides being able to provide much bigger profits.
As long as we have an effective strategy and continuously improve our trading skills, then the profit generated is also greater. But the risk of
trading is much greater, but if we have studied trading properly, can reduce the risk that we will face.
Yes, Indeed. This is a good way to increase assets. I didn't use this kind of platform but, as far as I know Staking cryptocurrency is a way to grow your crypto holdings without buying more. You’ve probably heard of people making money by trading cryptocurrencies. But there’s a different way to grow your crypto holdings without having to buy more. Staking is a way of preventing fraud and errors in this process. I know that platform but don't visit it most of the time.
Yes staking is a way to growing your crypto asset but it also has a big disadvantages compared to the benefit one can make when you stake a token or coin. I could remember the loses I made when I staked one of the token I was holding. When the token was teased to me after being staked with interest, the token has already lost value which brought heavy loses.Staking can indeed give us passive income, but not all coins are good for staking, then do research and analysis to be able to determine which coins
are right for staking. Then another thing that must be considered is choosing a place for staking, don't we choose a place that does not yet have
a good reputation. Because so many people become victims of fraud if they choose the wrong place. I'm not really interested in staking because
usually I get a small profit, because most staking offers low interest rates. I choose trading, besides being able to provide much bigger profits.
As long as we have an effective strategy and continuously improve our trading skills, then the profit generated is also greater. But the risk of
trading is much greater, but if we have studied trading properly, can reduce the risk that we will face.
Yes, Indeed. This is a good way to increase assets. I didn't use this kind of platform but, as far as I know Staking cryptocurrency is a way to grow your crypto holdings without buying more. You’ve probably heard of people making money by trading cryptocurrencies. But there’s a different way to grow your crypto holdings without having to buy more. Staking is a way of preventing fraud and errors in this process. I know that platform but don't visit it most of the time.
Yes staking is a way to growing your crypto asset but it also has a big disadvantages compared to the benefit one can make when you stake a token or coin. I could remember the loses I made when I staked one of the token I was holding. When the token was teased to me after being staked with interest, the token has already lost value which brought heavy loses.https://trustwallet.com/blog/top-7-risks-of-staking-crypto
https://www.the-sun.com/money/3007542/staking-cryptocurrencies-what-is-risks/
Market Risk
Liquidity Risk
Lockup Periods
Rewards Duration
Validator Risk
Validator Costs
Loss or Theft
Yes, Indeed. This is a good way to increase assets. I didn't use this kind of platform but, as far as I know Staking cryptocurrency is a way to grow your crypto holdings without buying more. You’ve probably heard of people making money by trading cryptocurrencies. But there’s a different way to grow your crypto holdings without having to buy more. Staking is a way of preventing fraud and errors in this process. I know that platform but don't visit it most of the time.
Yes staking is a way to growing your crypto asset but it also has a big disadvantages compared to the benefit one can make when you stake a token or coin. I could remember the loses I made when I staked one of the token I was holding. When the token was teased to me after being staked with interest, the token has already lost value which brought heavy loses. Hi everybody
I wanted to talk about staking. In my opinion, this is a good way to increase assets that would otherwise just lie in the wallet. I recently tried staking on the NewsCrypto platform, the market situation is not entirely certain now, so I am trying to extract maximum profit from my assets.
Speaking of nws, I liked the fact that there are many different plans to choose from, I decided to try staking for 3 months to test the platform. But I think I was not mistaken about the decision. nws has a lot of positive news, and I think the price will only rise. What do you think about staking and do you use this feature?
Seriously it's a very good advice to stake you tokens must especially the way cryptocurrency market looks scary this days, if at all you are holding token by now if you are not patient enough, you would have panic and sold at lost, but while staking, irrespective of the price, you will be having some percentage of the coin to be added in your portfolio. I wanted to talk about staking. In my opinion, this is a good way to increase assets that would otherwise just lie in the wallet. I recently tried staking on the NewsCrypto platform, the market situation is not entirely certain now, so I am trying to extract maximum profit from my assets.
Speaking of nws, I liked the fact that there are many different plans to choose from, I decided to try staking for 3 months to test the platform. But I think I was not mistaken about the decision. nws has a lot of positive news, and I think the price will only rise. What do you think about staking and do you use this feature?
Holding your coin on CEX and stake it there won't give you a greatest conceivable benefit. Marking is an approach to forestalling extortion and blunders in this interaction. I realize that stage however don't visit it more often than not.
And the thing about it is the risk that they're passing on which is giving their coins to the exchange and they don't receive the private keys as exchanges don't do that. But if your main concern is about the profit and percentage they give, you just have to look out for another platform that gives a better percentage and that's all on you and you have to use your time researching and comparing the differences between one to another platform.
at a time like this if we do staking then there is no point if we sell it even though our coins increase. but if it is for investment purposes in the future, I don't think it will be a problem. with staking of course, if it has not matured then we cannot convert our coins to stable coins, by knowing the strengths and weaknesses, then we can make decisions, do you think it is suitable for us or not
Staking is good with genuine platforms because with it you don't do any other stress or you don't need frequent monitor until you just need to check. But it is slow to profit compared with trading. I'm not really staking but I can stake spare money though I'm not use to it so I haven't done much on researching on it.
Its smarter to stake on Liquidity Pool then, at that point, stake your LP on Dapps that will augment your yield.
That will give you impermanent loss and if you're good with that, many are not willing to take that risk.Holding your coin on CEX and stake it there won't give you a greatest conceivable benefit. Marking is an approach to forestalling extortion and blunders in this interaction. I realize that stage however don't visit it more often than not.
And the thing about it is the risk that they're passing on which is giving their coins to the exchange and they don't receive the private keys as exchanges don't do that. But if your main concern is about the profit and percentage they give, you just have to look out for another platform that gives a better percentage and that's all on you and you have to use your time researching and comparing the differences between one to another platform.For me it is a good way to increase your crypto holdings but most of the time when I do it I ended up losing money,
The value of crypto that I used to stake always drop down, I really like the idea but I am having a hard time holding those kind of crypto.
I would gain more crypto but with less value that I have invested.
I guess it is my own mistake I always get greedy whenever I have the chance and I don't want to stop or believe that those project would recover again from their price drop.
That’s the problem you’re going to have with staking cryptocurrency. When you are staking, although you would be making a particular profit per annum, which might be 6% or above that, but at the end if the year if the true value of the coin you are staking drops, then you would be at loss.The value of crypto that I used to stake always drop down, I really like the idea but I am having a hard time holding those kind of crypto.
I would gain more crypto but with less value that I have invested.
I guess it is my own mistake I always get greedy whenever I have the chance and I don't want to stop or believe that those project would recover again from their price drop.
Imagine when they staking reward is around 6%, but the value of the coin you are staking dropped over 20%, then you are at loss. But if you can find a really good coin that would more likely to keep increasing in value, then you would be making a good amount of profit, because it will then be the true value of the coin plus the staking reward, which would add up to be a really good amount of profit.
My first time staking on CEX and I went for the 90 days lockup period and I don't think I'll be repeating it because I can't get out now that the general condition of Crypto market is bearish.
If I have sold and bought back I would get far more than whatever rewards I'll be getting from staking. The lesson here is that one should consider the market condition before making any long term decision. Staking is not always better than hodling unless you're doing the flexible option and the reward is usually low.
If I have sold and bought back I would get far more than whatever rewards I'll be getting from staking. The lesson here is that one should consider the market condition before making any long term decision. Staking is not always better than hodling unless you're doing the flexible option and the reward is usually low.
But I think I was not mistaken about the decision. nws has a lot of positive news, and I think the price will only rise. What do you think about staking and do you use this feature?
There is no lose in staking your coins yes because instead of leaving it in the wallet, sending it to the exchange for use and remit some percentage to you is the best decision. Staking has many benefits and they are:
1. Make your money work for you: Staking is a good example of that. You get return based on the staking plans.
2. No stress: All you need is to stake and leave there for it to run to the last day to receive your percentage and capital back.
3. Some people prefer it above trading : Trading is difficult and some run under staking. If you have a high quality plan on a stake, you can generate some good profit at the end of the plan.
Jump to: