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Topic: What do you think about staking? - page 7. (Read 1576 times)

full member
Activity: 1190
Merit: 111
December 19, 2021, 06:06:36 AM
Staking is good especially if you have a separate money to buy coins and put it into staking platform to get profit. Just like what I am doing now it may not that huge amount of money but at least it earned every 3 months or 90 days staking using Binance exchange. Perhaps, I do this 4th times now and so far so good.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
December 19, 2021, 05:44:46 AM
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 and farming is good idea  to increase your assets or generate passive income by cashing out staking rewards but you got to be very choosy in picking only good projects because thee are many scams in this sector of crypto space. You can also generate income participating in IFO/IDO on DEX exchanges where you can get allocation for staking and sell those tokens at good price when listed. In future DEFI sector can attract pension funds  which can boost huge growth of this sector.
hero member
Activity: 3066
Merit: 629
Vave.com - Crypto Casino
December 19, 2021, 04:30:37 AM
If you have good money and also fear in trading market  so staking is best choice because in staking we can get a great return but it mostly depend on APY and your investment so always invest in best project not in shit project then we make good profit in both condition
Not that great honestly if you're talking about return. It's a good another source of income but I wouldn't say that it's really great in return. But if it's a plus for your ways of making money, that would be great on that part. APY/APR also is a big factor of what you're going to stake.
If it's a very low annual rate then if you're just holding it, your justification is that while you're holding, you get some returns even if they're just low.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
December 19, 2021, 03:30:41 AM
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?

If you are not doing any active trading and have store the coins for long term, you can put them in staking and get passive income. The earned stakes will not be much, something is better than nothing.

Also take note that some staking are for fixed period of time and you cannot take out your coins before fixed time. You should know about the term and conditions before staking.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
December 19, 2021, 01:48:02 AM
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?
I am now involving in Staking at Binance in which serves me profit twice now ( as i only invest in 30 days process) now I will try the longest one in which 90 days . i pretend to like staking in the past because I'm afraid of being scammed but now that i deeply know the situation  and strategy and assurance ? now I will be in staking as long as i have funds to invest with.
Staking is the safest investment that i ever find in my whole crypto career, though there is gambling that gives me huge profit but it does not bring consistency .
full member
Activity: 1736
Merit: 116
December 18, 2021, 11:41:57 PM
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.
Yes, it's a passive income that one that really uses as another way of gaining wealth and as well as for cryptocurrencies. The more you stake, the more profit that you can make.
It's the logic in staking, you have to invest more so that you can also earn passively a lot. Because if you're just going to invest a few and expect a lot of return, that's not going to happen.
As long as we can find trusted platforms and the right coins for staking, staking is a great way to earn passive income. Especially if we are people who
have a lot of busyness and do not have time to monitor the market, seems like staking is the right choice if we want to earn passive income in
the crypto world. The problem with staking is that the interest given is very low, so to get rich from staking, we must have a large capital.
Therefore, if we only have a small capital, instead of staking, better long-term investment in coins with strong fundamentals is much more profitable.
right, I think the interest in staking is relatively small, so I personally have less interest in staking, even though we get additional tokens, but we can't take profit every time. I think the investment will be better, because the assets are in a private wallet, so the security of our own wallet takes care of it. and I guess it is the safest place for our assets


What are you worried about the security of the platforms we use for staking, it is also my consideration not to staking coins. Although when
compared to participating in a savings program at a bank, it seems that staking coins is much more profitable. But because I know there is
a safer and more profitable way to do it than staking. I prefer not to staking coins right now, after all I also have enough time to be able to
monitor the market every day. So I chose investing and trading for now, and it turned out that my choice was right, I've made a sizable profit
from trading and investing.
jr. member
Activity: 69
Merit: 1
December 16, 2021, 08:17:11 AM
If you have good money and also fear in trading market  so staking is best choice because in staking we can get a great return but it mostly depend on APY and your investment so always invest in best project not in shit project then we make good profit in both condition
full member
Activity: 643
Merit: 116
Enterapp Pre-Sale Live
December 16, 2021, 08:14:57 AM
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.
Yes, it's a passive income that one that really uses as another way of gaining wealth and as well as for cryptocurrencies. The more you stake, the more profit that you can make.
It's the logic in staking, you have to invest more so that you can also earn passively a lot. Because if you're just going to invest a few and expect a lot of return, that's not going to happen.

As long as we can find trusted platforms and the right coins for staking, staking is a great way to earn passive income. Especially if we are people who
have a lot of busyness and do not have time to monitor the market, seems like staking is the right choice if we want to earn passive income in
the crypto world. The problem with staking is that the interest given is very low, so to get rich from staking, we must have a large capital.
Therefore, if we only have a small capital, instead of staking, better long-term investment in coins with strong fundamentals is much more profitable.

right, I think the interest in staking is relatively small, so I personally have less interest in staking, even though we get additional tokens, but we can't take profit every time. I think the investment will be better, because the assets are in a private wallet, so the security of our own wallet takes care of it. and I guess it is the safest place for our assets


people who stake are people who don't just want the assets they have just kept they want to multiply them for more I think that's very good.
and I think we all have our own plans for what we're going to do with all the consequences that we're going to face. believe in ourselves and do what we believe I think is very right.
jr. member
Activity: 111
Merit: 1
December 16, 2021, 08:10:47 AM
Staking is best choice for passive income because staking is fixed returnable  it's depend on APY so invest in best project which have bright future and in staking we can get a great return if we have a great portfolio
full member
Activity: 1442
Merit: 116
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
December 16, 2021, 07:47:17 AM
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.
Yes, it's a passive income that one that really uses as another way of gaining wealth and as well as for cryptocurrencies. The more you stake, the more profit that you can make.
It's the logic in staking, you have to invest more so that you can also earn passively a lot. Because if you're just going to invest a few and expect a lot of return, that's not going to happen.

As long as we can find trusted platforms and the right coins for staking, staking is a great way to earn passive income. Especially if we are people who
have a lot of busyness and do not have time to monitor the market, seems like staking is the right choice if we want to earn passive income in
the crypto world. The problem with staking is that the interest given is very low, so to get rich from staking, we must have a large capital.
Therefore, if we only have a small capital, instead of staking, better long-term investment in coins with strong fundamentals is much more profitable.

right, I think the interest in staking is relatively small, so I personally have less interest in staking, even though we get additional tokens, but we can't take profit every time. I think the investment will be better, because the assets are in a private wallet, so the security of our own wallet takes care of it. and I guess it is the safest place for our assets
full member
Activity: 1736
Merit: 116
December 15, 2021, 05:46:48 PM
#99
~
Yes, it's a passive income that one that really uses as another way of gaining wealth and as well as for cryptocurrencies. The more you stake, the more profit that you can make.
It's the logic in staking, you have to invest more so that you can also earn passively a lot. Because if you're just going to invest a few and expect a lot of return, that's not going to happen.
As long as we can find trusted platforms and the right coins for staking, staking is a great way to earn passive income. Especially if we are people who
have a lot of busyness and do not have time to monitor the market, seems like staking is the right choice if we want to earn passive income in
the crypto world. The problem with staking is that the interest given is very low, so to get rich from staking, we must have a large capital.
Therefore, if we only have a small capital, instead of staking, better long-term investment in coins with strong fundamentals is much more profitable.
About looking for a trusted platform, I do trust those wallets that are offering to stake and they're giving you your private keys. But if that platform you're saying is just another exchange, I won't use to stake on that exchange because they're not giving you the private keys for your coins to stake. The idea of making a profit in staking is that you should really have a greater amount for you to feel the gains because if it's just a couple of bucks and a hundred, you barely feel the profit.

Everyone has their own choice to choose which platforms are considered comfortable and safe for staking. If you are not comfortable using
exchanges, there is no need to force using exchanges, because as you said there are other options. Like using a wallet that allows us to have
private keys, that's the right of each person, not coercion where we have to stake. Every decision we make, we ourselves must be prepared
with all the risks. Regarding the profit we make from staking, it really depends on the amount of capital we have. After all, no matter how big
the capital we use for staking, it will not be as big as the profit we make from investing and trading. Because most platforms that provide
staking services only provide low interest rates, that's why until now I have not been interested in staking coins.
hero member
Activity: 3108
Merit: 577
Leading Crypto Sports Betting & Casino Platform
December 15, 2021, 05:13:41 AM
#98
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.
Yes, it's a passive income that one that really uses as another way of gaining wealth and as well as for cryptocurrencies. The more you stake, the more profit that you can make.
It's the logic in staking, you have to invest more so that you can also earn passively a lot. Because if you're just going to invest a few and expect a lot of return, that's not going to happen.

As long as we can find trusted platforms and the right coins for staking, staking is a great way to earn passive income. Especially if we are people who
have a lot of busyness and do not have time to monitor the market, seems like staking is the right choice if we want to earn passive income in
the crypto world. The problem with staking is that the interest given is very low, so to get rich from staking, we must have a large capital.
Therefore, if we only have a small capital, instead of staking, better long-term investment in coins with strong fundamentals is much more profitable.
About looking for a trusted platform, I do trust those wallets that are offering to stake and they're giving you your private keys. But if that platform you're saying is just another exchange, I won't use to stake on that exchange because they're not giving you the private keys for your coins to stake. The idea of making a profit in staking is that you should really have a greater amount for you to feel the gains because if it's just a couple of bucks and a hundred, you barely feel the profit.
full member
Activity: 1736
Merit: 116
December 12, 2021, 03:52:59 PM
#97
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.
Yes, it's a passive income that one that really uses as another way of gaining wealth and as well as for cryptocurrencies. The more you stake, the more profit that you can make.
It's the logic in staking, you have to invest more so that you can also earn passively a lot. Because if you're just going to invest a few and expect a lot of return, that's not going to happen.

As long as we can find trusted platforms and the right coins for staking, staking is a great way to earn passive income. Especially if we are people who
have a lot of busyness and do not have time to monitor the market, seems like staking is the right choice if we want to earn passive income in
the crypto world. The problem with staking is that the interest given is very low, so to get rich from staking, we must have a large capital.
Therefore, if we only have a small capital, instead of staking, better long-term investment in coins with strong fundamentals is much more profitable.
hero member
Activity: 3108
Merit: 577
Leading Crypto Sports Betting & Casino Platform
December 12, 2021, 03:32:44 PM
#96
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.
Yes, it's a passive income that one that really uses as another way of gaining wealth and as well as for cryptocurrencies. The more you stake, the more profit that you can make.
It's the logic in staking, you have to invest more so that you can also earn passively a lot. Because if you're just going to invest a few and expect a lot of return, that's not going to happen.
legendary
Activity: 3318
Merit: 1128
December 12, 2021, 02:45:53 PM
#95
There’s always risk on investing and choosing the best exchange might eliminate that risk, just understand everything especially the terms and conditions before you stake. Binance could be your option for this, for me its safe and they are professional exchange and the best one, stake with good amount of money so you can feel it growing because if its just a small capital, i’d rather not to stake it.
Depends on what type of staking you are doing. If you want to stake BNB and earn BNB then yes Binance is your choice, but what about some of the DeFi tokens? Cake in that case is better option, pancakeswap for BSC of course but Uniswap for ERC20 is a lot better solution. I am not sure what is going to happen but in the end we are talking about something that is clearly different from each other. So, if you mean like staking or liquidity providing type of deal in DeFi world then you are going to have to deal with the top dogs again if you want to be safe.

There is apeswap at BSC for example, people like it, but even that is so risky that many lost money there, and there are thousands of other examples that popped up in the recent year, copy cats basically and they will all cause you to lose money. So Binance for direct staking, Cake for BSC DeFi, Uni for ERC20 and that's all you can do.
full member
Activity: 2086
Merit: 193
December 11, 2021, 04:37:26 PM
#94
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.
^ That is the problem with staking, you need to choose a legit exchange platform where you can entrust to hold your fund for a long term in order to have more profit. But staking is very risky right at this moment, you will never know what will happen to the exchange where did you leave your investment, and hope that there is a good return. I still believe that you should hold your coin with a private key and you have control over it while holding. But it depends upon you if you can afford to risk your money via staking.
There’s always risk on investing and choosing the best exchange might eliminate that risk, just understand everything especially the terms and conditions before you stake. Binance could be your option for this, for me its safe and they are professional exchange and the best one, stake with good amount of money so you can feel it growing because if its just a small capital, i’d rather not to stake it.
hero member
Activity: 2590
Merit: 644
December 11, 2021, 03:53:06 PM
#93
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.
^ That is the problem with staking, you need to choose a legit exchange platform where you can entrust to hold your fund for a long term in order to have more profit. But staking is very risky right at this moment, you will never know what will happen to the exchange where did you leave your investment, and hope that there is a good return. I still believe that you should hold your coin with a private key and you have control over it while holding. But it depends upon you if you can afford to risk your money via staking.
sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
December 11, 2021, 03:16:23 PM
#92
There's a good news and bad news about staking first good news is that you have a lifetime staking which in other words you are earning daily, weekly or monthly the bad news is if the price crashes and all the profits you have will reduce the value so it's better look for a stable coin or at least coin with a high market capacity to avoid unnecessary crash or volatility about its price.

ya.ya.yo!
There's no such thing about forever earning because these platforms wont last forever and consider on the amount or interest you would be earning on then I

would say that it wont really be worth for your money to be parked on here for a long time just to gain some small APY %?

I cant really sleep that well if you do know that you are inputting or entrusting some platforms with your coins  for a very long time.
Well, this is self preference.
legendary
Activity: 1064
Merit: 1228
Playgram - The Telegram Casino
December 11, 2021, 01:30:22 PM
#91
I'm not very active in trading so far and I also don't know much about staking your point. But if it is one part of a long term investment then everyone who is risking should also pay attention to the reputation of the platform they are going to use. This mean that when you entrust your money to a third party, you must strictly verify that you will be safe with it. I see binance has this feature, but I've never tried it.

Can someone explain to me for example I have 1 bitcoin [$49K] that I want to use for staking. How much profit will I get in 1 year, do we have a choice?
jr. member
Activity: 39
Merit: 9
December 11, 2021, 12:08:35 PM
#90
The key is to choose the right coins / tokens for staking. Although I prefer to be a validator and not a nominator. Now there are not bad projects on the Polkadot parachains ...
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