Pages:
Author

Topic: What do you think about staking? - page 9. (Read 1576 times)

member
Activity: 770
Merit: 12
Trphy.io
December 02, 2021, 08:30:19 PM
#69
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
legendary
Activity: 2268
Merit: 1655
To the Moon
December 02, 2021, 06:26:13 PM
#68
... What do you think about staking and do you use this feature?

The higher the promised percentage of profitability, the higher the chance of losing your money completely. And in this case, there will be no difference if you lose money due to the scam platform on which you staking your coins or these platform coins will become worthless. Therefore, the most important thing when choosing a platform for stacking is that it is reliable.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
December 02, 2021, 03:02:46 PM
#67
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 not really a fan of staking your coins, I know some people like it as they can obtain profits that are not possible by just holding your coins, while in theory this is less risky than trading, so it seems like some middle road that offers the advantages of both holding and trading, but in my opinion it falls short compared to those options, if you want to make profits then learn how to trade, I know it is more difficult but the profits are totally worth the effort.
legendary
Activity: 2030
Merit: 1189
December 02, 2021, 01:40:16 PM
#66
I know that platform but don't visit it most of the time. Staking is good if you're too passive and see the profit from it as reasonable. But if I'll be staking, I won't be staking there.

I view staking with the same eyes. Staking is a good option for people holding certain coins for the long-term, and of course it depends on the APY you get.

As much as I enjoy staking, I do try to limit myself to the very big exchanges/platforms as (in my view) they'll at least have more power if things are to go south. The short term vision + staking is one that can work out very well, especially if you're allowed to unstake at any time without any penalties. Either way for those with some risk appetite it can be a nice way for passive earning.
member
Activity: 412
Merit: 10
December 02, 2021, 11:58:59 AM
#65
You've presumably known about individuals bringing in cash by exchanging cryptographic forms of money. In any case, there's an alternate method for becoming your crypto property without purchasing more.
The training called marking is a method of utilizing specific digital currencies to assist with checking exchanges on a blockchain network Investors who take an interest in marking can acquire yields surpassing what's accessible from a normal bank account. However the phrasing of crypto marking sounds intricate, the standards are really clear. Also there is an expanding number of online trades planning to make crypto marking easier for regular clients If you're concluding whether to utilize your possessions for digital currency marking it very well may be useful to see how the cycle functions which cryptographic forms of money you can stake and a portion of the dangers implied
full member
Activity: 896
Merit: 100
$CYBERCASH METAVERSE
December 02, 2021, 10:13:13 AM
#64
The best thing about stake is that it guarantees a positive return, so large investors can get good returns, and we can also benefit from coins that we hold in stake. Thus, staking is a great investment in both ways
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
December 01, 2021, 04:49:47 PM
#63
Staking is best way to generate a smart income we can earn from both side in staking like we stake any token for 3 month after 3 month token price also increase and we also got our staking reward so we get a great return from staking but always choose best coin for staking
It's one of the best ways.

But what I don't like about it is that if you're looking at little gains, staking isn't for you. And if you're someone that has a lot of money and you can capitalize from it.

Staking is a great source.
legendary
Activity: 2660
Merit: 1074
December 01, 2021, 04:48:22 PM
#62
Opposite on what i do really think off because i cant really be that confident when it comes to putting my coins on a platform on which you couldnt really
be that sure that they would really last for a while and also the interest you've be getting isnt something worth or able to equal on the risk you do need to take.

STaking is good on others eyes and preference but not for me.Better to held off my coins on my own wallet and let the volatility would take place or in play on which you could possibly even earn more than on what they've been offering.
Staking by putting your money in someone else's wallet might sound something terrible, I agree with that but you could always do that yourself as well without giving your money to someone else. I mean sure binance offers you staking ability, but you could keep it in your metamask (non-custodial) and then you could always stake from there. The rewards are not guaranteed but you could always ask for your investment back without that money ever be in possession of someone else.

This is how many people invest into staking as well, they just keep their money in their metamask and they stake it that way without putting their money in some other platform. Obviously you could always do something that is profitable by putting in trustworthy places like Binance, but if you just do not trust them at all then there is not much we could do to convince you.
legendary
Activity: 3122
Merit: 1140
December 01, 2021, 02:59:01 PM
#61
I think I love to use staking bcz I believe we could earn a good quality of income by just staking our crypto and it also works as a fixed deposit but better payback to their users
Staking platforms do earns itself with volatility and since they do offer low interest rates per annum  then they could able to compensate off things
on the time that they would be paying up those investors on which i couldnt really afford to do so.

You wouldnt know on when they would run and minding about fixed capital plus that minimal interest for a year?

Havent you considered on how much risk you've been putting on? It isnt really just worth honestly.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
December 01, 2021, 02:02:53 PM
#60
What do you think about staking and do you use this feature?
Staking is a very good way to increase one's holdings instead of just allowing the coins to just lay there in the wallet doing nothing, I personally prefer staking to liquidity provision, though they both have their pros and cons, and I think one of the pros of staking is that it forces one to hold a coin or tokens one doesnt have any plan of selling early, though I know that some staking permit the staker to withdraw their stake anytime they wish, but I know that other forms of staking have a lock feature which locks the coins or tokens for the selected period of time before they are unlocked.
Another pros of staking is that, it does not have impermanent loss like it is with adding liquidity which makes it a great way to earn confidently without having to worry about loosing a portion of your asset to sellers and buyers.
Coupled also with the fact you don't have to own another asset to stake a coin or token like it is with liquidity provision where you have to have the same worth of asset you are adding liquidity against to add liquidity successfully...
Conclusions is, I prefer to stake my coins than add them to liquidity.
full member
Activity: 1946
Merit: 112
December 01, 2021, 12:49:19 PM
#59
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 have tried earning money on staking a couple of times, but it doesn’t suit me, since I spend everything I earn on cryptocurrency for a living. Staking is a kind of investment, only you block part of your tokens and you are paid even more tokens for their amount. But it often happens that while your tokens are staking, the price of the token goes down and as a result, you simply lose the opportunity to earn immediately from the sale of these tokens. However, there are other situations when the token that you put on staking shows growth, then you get even more tokens, which means you can sell them and earn even more. It all depends on the correct decision made.
sr. member
Activity: 1274
Merit: 293
December 01, 2021, 11:26:54 AM
#58
You'll only use staking if the return is good enough because most of the time, the crypto that's available for staking isn't necessarily that good of a deal because most of them have a really low returns although there are some that have high returns but you got to have some money to get into it as some of them have a minimum amount. Maybe if you don't have any place for your crypto and you don't mind hodling for a long time, might as well stake it.
full member
Activity: 896
Merit: 100
$CYBERCASH METAVERSE
December 01, 2021, 11:16:08 AM
#57
Staking is best way to generate a smart income we can earn from both side in staking like we stake any token for 3 month after 3 month token price also increase and we also got our staking reward so we get a great return from staking but always choose best coin for staking
full member
Activity: 826
Merit: 135
Tontogether | Save Smart & Win Big
December 01, 2021, 08:32:31 AM
#56
Staking is a beneficial way of getting profit as well and hence it has the ability to get more and more profit, But in staking you have to wait for months or even in some of the projects you have to wait a year too for the project and for your tokens benefit, its all depends upon the trader that in which sense he is going to stake is tokens. But I think it is a best way to use.
hero member
Activity: 1834
Merit: 879
Rollbit.com ⚔️Crypto Futures
December 01, 2021, 08:16:23 AM
#55
I think staking a is guaranteed way of earning extra coins on your already existing coins unlike the ordinary way of holding which only grows the value of the coins you have and not growing the quantity. So of the two staking is better deal though staking periods for most is quite long if you want to get a noticeable amount of coins, but am sure most of us could wait..
sr. member
Activity: 1050
Merit: 252
English -> Indonesian translation service
December 01, 2021, 08:07:55 AM
#54
I think, staking is locking your crypto for a certain period of time. Staking is similar to having an interest at a bank savings account. Basically, storing our assets in a special wallet, then we get dividends from what we save.
hero member
Activity: 2730
Merit: 632
November 30, 2021, 06:44:23 PM
#53
I like staking if it's a coin you're going to be holding anyway and it's on a reputable platform.  For example, I have ETH2 staked on Coinbase and I think it's great.  Currently getting 4.5% on my ETH and I'd be holding it there anyway.  Not to mention it's currently locked and can't be traded so it's an extra layer of protection from myself panic selling.  When you think that ETH is at times deflationary, and this is a trend that is likely to grow more frequent with future upgrades, the ability to earn interest on it is pretty amazing.  Those who have been holding lots of ETH from the beginning are likely to be quite wealthy if all goes as expected.  I wouldn't be surprised to see VB up there with Elon Musk if that happened.
Opposite on what i do really think off because i cant really be that confident when it comes to putting my coins on a platform on which you couldnt really
be that sure that they would really last for a while and also the interest you've be getting isnt something worth or able to equal on the risk you do need to take.

STaking is good on others eyes and preference but not for me.Better to held off my coins on my own wallet and let the volatility would take place or in play on which you could possibly even earn more than on what they've been offering.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
November 30, 2021, 06:26:13 PM
#52
I like staking if it's a coin you're going to be holding anyway and it's on a reputable platform.  For example, I have ETH2 staked on Coinbase and I think it's great.  Currently getting 4.5% on my ETH and I'd be holding it there anyway.  Not to mention it's currently locked and can't be traded so it's an extra layer of protection from myself panic selling.  When you think that ETH is at times deflationary, and this is a trend that is likely to grow more frequent with future upgrades, the ability to earn interest on it is pretty amazing.  Those who have been holding lots of ETH from the beginning are likely to be quite wealthy if all goes as expected.  I wouldn't be surprised to see VB up there with Elon Musk if that happened.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
November 30, 2021, 06:18:52 PM
#51
I personally like staking features once I can invest and also get APY at once.
But there are some things that I must pay attention before staking.
1. Platform must be reputable and trusted
2. APY or rewards are worthy enough
3. I have the coins to stake
I am doing it in some platforms moreover during bearish or market correction era.
But of course, pay attention also on how the market atvthat time and consider whether worthier for staking or trading at that time.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
November 30, 2021, 11:58:06 AM
#50
I does not like Staking. Your fund are totally stuck their
 I prefer trading over staking. We can earn multiple time profit in trading rather than just wait for 1% or less daily.
Staking coin can go down due to market volatility but if trade on trends coin we can earn more.
Pages:
Jump to: