Topic: What do you think about staking? - page 8. (Read 1576 times)
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.
Staking can be very profitable if you can start and end it correctly because staking usually has a lock period, and don't be too tempted by APY without taking into account the possibility that the price of the coin will drop quite deep when the lockout period ends, and this is very possible with new coins
Staking is perfect for those who are passive and don't really like trading, but you still have to be precise when buying the coin to start staking.
That locking period is why I do not like staking at all, that is very similar to what we see with HYIP and I am sure there are many scammers taking advantage of staking by promoting big profits that way and giving themselves a lot of time to exit scam their customers, since they have accepted they cannot touch their coins for a set period of time, and if to that we add the volatility of the market and how it can crash relatively quickly then you could lose a lot more money than what you earn by staking your coins.Staking is perfect for those who are passive and don't really like trading, but you still have to be precise when buying the coin to start staking.
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.
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Staking can be very profitable if you can start and end it correctly because staking usually has a lock period, and don't be too tempted by APY without taking into account the possibility that the price of the coin will drop quite deep when the lockout period ends, and this is very possible with new coins
Staking is perfect for those who are passive and don't really like trading, but you still have to be precise when buying the coin to start staking.
That locking period is why I do not like staking at all, that is very similar to what we see with HYIP and I am sure there are many scammers taking advantage of staking by promoting big profits that way and giving themselves a lot of time to exit scam their customers, since they have accepted they cannot touch their coins for a set period of time, and if to that we add the volatility of the market and how it can crash relatively quickly then you could lose a lot more money than what you earn by staking your coins. Staking is perfect for those who are passive and don't really like trading, but you still have to be precise when buying the coin to start staking.
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 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 holding the keys to your coins then you are not owning any coins. If the wallet you stake on is a noncustodial wallet only then I would recommend staking.
I like staking as it enables a source of passive income but I would not risk my coins in a 3rd party platform.
I am not sure if newscypto gives us the keys to our coins or not but if it doesn't then you should stop staking right away.
I respect everyone’s opinions here regarding Newscrypto staking. However, it has a great use case when you stake NWC tokens there. Depends on how much NWCs you stake, you’ll get between a month to a year of free subscription as a Newscrypto Pro Member where you can access state-of-the-art helpful tools for crypto traders that cannot be accessed by basic or free members.
Plus if you try accessing their platform, you’ll see the value that you can get from education, AI-based crypto trading tools, weekly community prediction contest with NWC giveaway, community grant program, upcoming copy trading feature & NFT game, metaverse, etc. Plus, the community on Telegram is so healthy and exciting.
Plus if you try accessing their platform, you’ll see the value that you can get from education, AI-based crypto trading tools, weekly community prediction contest with NWC giveaway, community grant program, upcoming copy trading feature & NFT game, metaverse, etc. Plus, the community on Telegram is so healthy and exciting.
I never stake zilliqia coin, but in Binance I do. When you have a lot of BNB in the spot market but dont want to keep in the soft/hard wallet because they will be used in short term, the best choice to keep earn without any trading action you have to try the stake option. I've use the stake option for get a little bit profit.
Recently, there have been a lot of launchpuls and launchpads on Binance, so it is not difficult to place your BNB to get a profit. But you should not buy BNB specifically for the sake of a ghostly chance to make a profit, if you do not have plans to hold this coin, since the coin is volatile and the profit received from staking may be less than the loss from a decrease in the price of the coin.
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?
Yes, staking is a really good thing for anyone to engage in. I do it, and I believe that there are so many people as well who do it here. And the good part of it now is that your money is no longer locked for like a year, as it used to be before. Most exchanges now would allow you to stake and withdraw your money anytime you want. It’s not a must that it will have to be locked for a year for you to be able to withdraw it, you can decide to stop it at any time.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, it’s not really bad, you can just put in your money and whenever you feel like, you can take it out, but know that is going to stop your profit from counting further. And there are also exchanges that once you take it off before the set period, you will lose your returns.
I never stake zilliqia coin, but in Binance I do. When you have a lot of BNB in the spot market but dont want to keep in the soft/hard wallet because they will be used in short term, the best choice to keep earn without any trading action you have to try the stake option. I've use the stake option for get a little bit profit.
That is how Binance is making money basically. They allow you to keep using your money and basically they are using it for you and they are making money from that is just staying there still without moving. Normally if you trade with it, then you pay a trading fee, but if you do not trade then you are just using them as wallet and you are not paying any money for them.This is why they decided to make it more interesting to use it, and when you stake it somewhere then I am going to guess that they are making more and giving you a cut from it, obviously you are getting the lion share but that doesn't end up with anything shocking because they want to make money with it and why would they do it for free.
Binance ad Zilliqia coin as staking list and best option for me than hold on spot only, I have loss much in Zilliqia coin because take moment when price still pump and now I need to get recovery back by staking on Binance. Just 40% APY I think keep working than hold on spot only without reward. I don't know when Zilliqia back to higher price and I think keep staking during price back to the top again.
I never stake zilliqia coin, but in Binance I do. When you have a lot of BNB in the spot market but dont want to keep in the soft/hard wallet because they will be used in short term, the best choice to keep earn without any trading action you have to try the stake option. I've use the stake option for get a little bit profit.
Binance ad Zilliqia coin as staking list and best option for me than hold on spot only, I have loss much in Zilliqia coin because take moment when price still pump and now I need to get recovery back by staking on Binance. Just 40% APY I think keep working than hold on spot only without reward. I don't know when Zilliqia back to higher price and I think keep staking during price back to the top again.
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 think staking is good for collecting coins by investing the coins we have. it is like a deposit in exchange for a number of coins. but we also have to take into account, because of high fluctuations, even though the number of coins we have increases, but in value it can decrease
There are some exchanges these days that would allow you to stake your assets and also withdraw it at anytime you would want. This feature started coming out when they noticed that a lot of people were afraid of staking their cryptocurrencies and having it locked up for a long time because they were afraid that they’re going to be losing their money due to price fluctuation. So, this time people can put their funds and it will not get locked for a long period , and they can just remove it at anytime they want.If you are going to be staking a coin for a really long time, then Bitcoin is a good option to consider for that. But, the thing is that Bitcoin doesn’t give us much return in staking when compared to most of the altcoins out there. Take for example when you stake a coin that belongs to the exchange, you can possibly get as much as 20% in return. And if you’re lucky the coin might as well increase in value which means extra returns for you.
And also, as much as possible, stake your coins in a reputable platforms like binance. Up until now, I am only confident on this exchange to leave my coins for staking because of their insurance. But with other platforms, it is like you can't sleep peacefully because you don't know if the the platform will disappear without a trace. So before you stake on a specific platform, make sure you made your own assessment of the site. Because with your hard earned money, it is hard to accept if they will just screw you.
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 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?
Well in my case, staking isn't really for me. I would rather make my self busy trading coins than just wait for my assets to grow all by themselves. I easily forgot things and maybe if somehow I stake my coins I would forgot about them when it comes to three months long, I remembered checking one of my wallet and the coin that I bought was already dead and I got no chance getting back my money, even though it gained from staking it still doesn't matter how many if there is no value at all.
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 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 is good if you stake huge amount so that it will also have huge return and staking is also good for busy person with a lot of capital investment but don't have much time to spend in trading. You should precise to choose the coin you want to stake and how long it will be staked.
I think staking is good for collecting coins by investing the coins we have. it is like a deposit in exchange for a number of coins. but we also have to take into account, because of high fluctuations, even though the number of coins we have increases, but in value it can decrease
There are some exchanges these days that would allow you to stake your assets and also withdraw it at anytime you would want. This feature started coming out when they noticed that a lot of people were afraid of staking their cryptocurrencies and having it locked up for a long time because they were afraid that they’re going to be losing their money due to price fluctuation. So, this time people can put their funds and it will not get locked for a long period , and they can just remove it at anytime they want.If you are going to be staking a coin for a really long time, then Bitcoin is a good option to consider for that. But, the thing is that Bitcoin doesn’t give us much return in staking when compared to most of the altcoins out there. Take for example when you stake a coin that belongs to the exchange, you can possibly get as much as 20% in return. And if you’re lucky the coin might as well increase in value which means extra returns for you.
Staking can be very profitable if you can start and end it correctly because staking usually has a lock period, and don't be too tempted by APY without taking into account the possibility that the price of the coin will drop quite deep when the lockout period ends, and this is very possible with new coins
Staking is perfect for those who are passive and don't really like trading, but you still have to be precise when buying the coin to start staking.
Staking is perfect for those who are passive and don't really like trading, but you still have to be precise when buying the coin to start staking.
I think staking is good for collecting coins by investing the coins we have. it is like a deposit in exchange for a number of coins. but we also have to take into account, because of high fluctuations, even though the number of coins we have increases, but in value it can decrease
It is good if you can have good coins to invest in because not many coins will give you a return in the future but you should consider that to earn much, you should staking bigger, especially if that is potential coins that can increase anytime.Besides that, you should remember that the staking types will depend on the platform because some platform will lock your coins without you can do something such as sell when the price increase.
The fluctuation on the coins will always be there and that is the risk factor that you will face.
Staking is really much profitable but if we stake at the right time.
I think we should not stake more than 30D if the market is on bullish, because it probably happen when our staking is over and we receive the tokens/coins back the price of the token is already go down due to the bullish is already over.
So the best time to stake our coins/token is when the market is crash IMO.
I think we should not stake more than 30D if the market is on bullish, because it probably happen when our staking is over and we receive the tokens/coins back the price of the token is already go down due to the bullish is already over.
So the best time to stake our coins/token is when the market is crash IMO.
I think staking is good for collecting coins by investing the coins we have. it is like a deposit in exchange for a number of coins. but we also have to take into account, because of high fluctuations, even though the number of coins we have increases, but in value it can decrease
Yeah because staking can make new dumper to the coin that we staked, but not all coins that have staking program will dump in the end. It will make new circulation to the coin ecosystem where more people want to earn more coins that they love and some people will sell their rewards from staking. Just don't easily get attracted to a coin that gives you big APR you should do some research before investing in there.
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