What is the safest coin to stake? | Bitcointalksearch.org

btc78

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Quote from: diffract on February 13, 2022, 03:52:47 PM

Hello,
I am planning on staking an altcoin to earn kind of an additional income to my salary.

Since I will be putting lots of money to earn a worthwhile return, I'm worried I'll put it in a crypto that won't be relevant in 3-5 years. The safest bet of course is to stake ethereum, but I don't like the indefinite lockup period they got right now. I like the Atom coin, but I'm not sure how to evaluate whether it has strong fundamentals and if it will be relevant in a few years (the top 10 cryptos now are very different from the top 10 a few years ago). Same with MATIC and a few other apparently strong cryptos at the moment.

I know it's impossible to predict the future but what would you folks advise someone in my position?

Staking coins? try staking in Binance there are many offering now, earning up to 30% in 90 days, yes it is not that high but at least super safe and you can just leave your funds to get your income each time.

but MATIC? what made you mentioned this? are your really seeking for advice ? or at some point you are promoting Polygon?

doomloop

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Quote from: newdevices on March 23, 2022, 03:11:56 AM

apart from the prizes that will be obtained, I think Cosmos can be a reference for us if you want to stake,
after all we have to study it and do research first in order to get maximum results,
Cosmos coin is potential and promising so over time this coin will continue to grow and develop

Cosmos definitely has a good interest in heart, and they are trying to do the best they can, but the reality is that we are talking about a place that may not do as great as they are hoping for. I am not saying that it will go down or anything, all I am saying is that there are places which does a lot worse in the long run because it never got any hype, and this could be the reason why Cosmos may not do well.

I believe they need that hype which makes the coins go up, that way they could get better and I believe that it would make things a lot better for them if they could somehow get a hype. For that hype, they need to up the marketing and spend a bit more.

ItsCrafty

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If you have ledger than you can choose any coin but cosmos system us best one. Juno apy is very high but currently it facing Some problem because of Proposal 16 and price dump to 32 from 45$. Some days ago its listed on Mexc and looking good for long term.

kesmex

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the safest coins for your staking is on Binance, there are many choices of coins, there are Tezoz, MBL, even BNB too,
and definitely very easy and simple, you don't have to worry about staking, but if you stake on your own coin platform,
then it will be quite difficult to stake, for example EOS, you have to vote for a miner and then you can stake,
but on Binance, you can stake only one way.

sana54210

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Quote from: ?? on ??

I implied a decent item that creates great income. I have an alternate assessment on matic. You should consider the essential venture as a section to make this undertaking. Yet, you want to find without anyone else for the coins since you want to change with your assets. A few coins will cost huge amount of cash before you can begin marking.

I do agree that Matic is not a bad one, not a great one neither but doesn't look like it will be gone. These days with the ETH having a lower gas fee, I would assume that the interest towards Matic must be getting lower. The whole purpose of matic is to spend a lot less on ETH gas fees and using a different solution to it.

However, it is obvious that people have been still using Matic even during this period as well. All I have to say is that stable coins and top rank coins (btc, eth, bnb, uni, cake) are still quite good to invest and stake, but if you already do for these then Matic is a close second to these type of staking tokens and coins as well.

ledu_ico

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Instead of staking your tokens for a long time, what if i tell you to put your funds into a liquidity pool. you earn far mor betterr than on percentage .
i will recommend a project at which it has been in existence since 2018 but was operational on erc20. it just listed on pancakeswap last week. if you add your tokens to the liquidity pool, you can earn so much as it is the early stage for bep20
https://ledu.education-ecosystem.com/
https://t.me/ledu_token

newdevices

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Quote from: Sayeds56 on March 22, 2022, 11:09:26 PM

Quote from: seleme on February 13, 2022, 04:00:31 PM

Long story short, you can Google the mentioned safe "stakeable" altcoins and choose which one suits your expectations in the long term:
1) Tezos
2) VeChain
3)Cosmos
4) Lisk
You can easily check which wallet supports the staking and choose your coin after checking rules, expected profit based on staked time. Be careful and don't fall in the network schemes, especially on social media.

I think currently Cosmos ( Atom ) coin is one of the best coins for staking because on this network we not only get staking reward but also air drop of newly launched projects on cosmos network. Current price of Atom coin is around $28 which is good for taking entry and its ATH was above $40 and this coin has shown good resistance during the bearish market condition.

Yes, apart from the prizes that will be obtained, I think Cosmos can be a reference for us if you want to stake,
after all we have to study it and do research first in order to get maximum results,
Cosmos coin is potential and promising so over time this coin will continue to grow and develop

Chato1977

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Quote from: Vinaa77 on February 28, 2022, 01:03:31 AM

Quote from: Chato1977 on February 27, 2022, 11:34:22 PM

Sometimes seeking more will end up losing more.

Stake in Binance site there are some good project that offers staking with good return aside from keeping your coins on Hold.

Yes, everything will be in accordance with the risk too and it always happens at all times, so choosing the sure thing with very little risk is the safest option now, as in the example you said and I think it is a very suitable thing to do by everyone now.

yup, there is no most safest place for our funds but to be staked in legit and trustable sites like Binance and some casino in crypto.

so try not to risk your money in shit project and shit sites.

Sayeds56

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Quote from: seleme on February 13, 2022, 04:00:31 PM

Long story short, you can Google the mentioned safe "stakeable" altcoins and choose which one suits your expectations in the long term:
1) Tezos
2) VeChain
3)Cosmos
4) Lisk
You can easily check which wallet supports the staking and choose your coin after checking rules, expected profit based on staked time. Be careful and don't fall in the network schemes, especially on social media.

I think currently Cosmos ( Atom ) coin is one of the best coins for staking because on this network we not only get staking reward but also air drop of newly launched projects on cosmos network. Current price of Atom coin is around $28 which is good for taking entry and its ATH was above $40 and this coin has shown good resistance during the bearish market condition.

Xal0lex

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Quote from: diffract on February 13, 2022, 03:52:47 PM

Hello,
I am planning on staking an altcoin to earn kind of an additional income to my salary.

Since I will be putting lots of money to earn a worthwhile return, I'm worried I'll put it in a crypto that won't be relevant in 3-5 years. The safest bet of course is to stake ethereum, but I don't like the indefinite lockup period they got right now. I like the Atom coin, but I'm not sure how to evaluate whether it has strong fundamentals and if it will be relevant in a few years (the top 10 cryptos now are very different from the top 10 a few years ago). Same with MATIC and a few other apparently strong cryptos at the moment.

I know it's impossible to predict the future but what would you folks advise someone in my position?

MATIC is a good option for steaking. I wouldn't recommend steaking various unknown and young coins that promise high APYs, especially something like 1000%. ETH 2.0 isn't bad, but it's expensive. As far as I know, this deposit contract is already over 10,000,000 ETH. Stacking ETH is a good long term option. And for medium-term earnings, I would prefer steaking well-known and popular protocols like Terra, Polkadot, Kusama, Solana, Cosmos, etc. These ecosystems are very actively developing and have strong fundamentals, because a large number of services and projects are based on them.

LUCKMCFLY

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Sometimes I have seen the names of many coins, but I understand that the thread lends itself to giving recommendations and publicity of some coins that are projects at the moment, but to tell the truth, the most stable coins to be able to make an investment guy as soon as For me, altcoins refer to ETH, BNB, DOT, UNI, MATIC and Solana, they are the coins that I really see a lot of future for, for now they have a low price, this is due to the influence that BTC has on the entire market , if BTC is low it is obvious that all the coins have lower values and that they bleed in a big way.

Reatim

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Quote from: Vinaa77 on February 28, 2022, 01:03:31 AM

Quote from: Chato1977 on February 27, 2022, 11:34:22 PM

Sometimes seeking more will end up losing more.

Stake in Binance site there are some good project that offers staking with good return aside from keeping your coins on Hold.

Yes, everything will be in accordance with the risk too and it always happens at all times, so choosing the sure thing with very little risk is the safest option now, as in the example you said and I think it is a very suitable thing to do by everyone now.

And indeed that the sure thing is investing in most trusted and popular exchange like Binance , I am also playing some of my funds inside for staking every 30-90 days depend on my mood and depend on how much is a given stake per project.
but basically i have tripled all my capital for 8 months of staking , and I am more than happy to achieve those considering that this is just a passive income that for me? there is no risk at all.

NewRanger

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Quote from: mdzahed134 on February 27, 2022, 10:22:52 AM

Quote from: AnonBitCoiner on February 24, 2022, 02:50:53 PM

Juno is best option to stake. High reward for stacker and also we can see 2x to 10x price increse very soon. Obe of the best thing is that many new airdrop is launching which will give free token to Juno stakers.
Also stake Cosmos and osmos for best profit

JUNO? But why this coin isn’t listed on any top or medium tier exchanges even i surprised this coin aren’t traded with BTC,ETH and USDT, So why you would like to pick this project without any major exchanges as well as not good trading volume. I think JUNO will quite risky to stake as i see it’s lack of development, Stay away to stake it.

i am agree juno was good coin to stake , we will got alot new coins if airdrop start from new project in cosmos ecosystem. about tier exchanges such as binance or something else its not be a serious problem for me. hype and fomo will coming soon to juno and price will explode more.

Silberman

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Quote from: Natalim on March 02, 2022, 06:29:44 PM

It's to find out that the majority are not giving more concerned about the safety of their funds but rather they are giving more concerned of earning more profit as much as possible. That is why they look for those who can offer high rewards from staking even if it could compromise their safety. I do staking but I have to choose where the site can guarantee safety and that is why I choose reputable exchanges instead. We know we can't escape losses but staking the right coins and trusted sites, that surely can be avoided.

You are correct but it is still a shame that people cannot look farther than that, after all no matter how big our capital could be it is not unlimited, this means there are limits to the mistakes that we can make with our money because if we keep asking the same mistakes over and over again at some point it is going to run out, so even if investing in some coins to stake for the long term was the correct choice people will lose all their capital before they find the right coin to do so due to all the risks they are incurring in the process.

Natalim

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Quote from: Silberman on March 02, 2022, 04:57:35 PM

Quote from: Chato1977 on February 27, 2022, 11:34:22 PM

Quote from: diffract on February 13, 2022, 03:52:47 PM

Hello,
I am planning on staking an altcoin to earn kind of an additional income to my salary.

Sometimes seeking more will end up losing more.

Stake in Binance site there are some good project that offers staking with good return aside from keeping your coins on Hold.

Most of the time people do not even think about it, if we were to make an experiment in this market and we told people they had two choices, they could get 2x their capital with a 90% chance and a 10% of losing 20%, or they could get 10x with a 5% chance and a 95% chance of losing everything, as unbelievable as it may sound a great deal of people will choose the latter rather than the former, even if the former is by far the best choice, but since they care nothing but about the potential profits they can get then something like that should not surprise us.

It's to find out that the majority are not giving more concerned about the safety of their funds but rather they are giving more concerned of earning more profit as much as possible. That is why they look for those who can offer high rewards from staking even if it could compromise their safety. I do staking but I have to choose where the site can guarantee safety and that is why I choose reputable exchanges instead. We know we can't escape losses but staking the right coins and trusted sites, that surely can be avoided.

Silberman

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Quote from: Chato1977 on February 27, 2022, 11:34:22 PM

Quote from: diffract on February 13, 2022, 03:52:47 PM

Hello,
I am planning on staking an altcoin to earn kind of an additional income to my salary.

Sometimes seeking more will end up losing more.

Stake in Binance site there are some good project that offers staking with good return aside from keeping your coins on Hold.

Most of the time people do not even think about it, if we were to make an experiment in this market and we told people they had two choices, they could get 2x their capital with a 90% chance and a 10% of losing 20%, or they could get 10x with a 5% chance and a 95% chance of losing everything, as unbelievable as it may sound a great deal of people will choose the latter rather than the former, even if the former is by far the best choice, but since they care nothing but about the potential profits they can get then something like that should not surprise us.

peter0425

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Quote from: Rehan Zakir on February 27, 2022, 01:58:21 PM

Stable coins are the safest coins for staking. Because they are stable coins and their value is stable. It means if anyone have stake 10,000. And its APY was 10%. It means after one year your profit was 1000$. In staking we did not do anything. Just invest your money and left it . The whole process is automatic and then just watch your profit. It is the best way to earn money from staking.

It looks very small if the profit is only $ 1000 with a total capital of $ 10,000 because the duration of one year is 12 months with the monthly dose being very small, especially if you don't do anything else and just watch it when staking.

Yes, 10% profit for annual investment seems to be very tin though if this is an assurance? then at least it is safe to expect that 10% income without risking or any worrying.

Not like in banks that will offers only a maximum of 4% per Annum in which too cheap than crypto staking.

but other than that , I believe in some exchange offers at least 10-20% per 3 months meaning 90 days of holding .

Vinaa77

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Quote from: Chato1977 on February 27, 2022, 11:34:22 PM

Sometimes seeking more will end up losing more.

Stake in Binance site there are some good project that offers staking with good return aside from keeping your coins on Hold.

Yes, everything will be in accordance with the risk too and it always happens at all times, so choosing the sure thing with very little risk is the safest option now, as in the example you said and I think it is a very suitable thing to do by everyone now.

Chato1977

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Quote from: diffract on February 13, 2022, 03:52:47 PM

Hello,
I am planning on staking an altcoin to earn kind of an additional income to my salary.

Sometimes seeking more will end up losing more.

Stake in Binance site there are some good project that offers staking with good return aside from keeping your coins on Hold.

Quote

I know it's impossible to predict the future but what would you folks advise someone in my position?

or Yeah follow your heart and stake it in Etheruem for safer and worth a wait mate.

Silberman

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Quote from: Luqman on February 26, 2022, 06:56:18 PM

In my opinion, the safest coins to stake are BNB and ETH. We can stake them in the Binance exchange, it is the most recommended place to stake. I know maybe many other exchanges offer bigger rewards in staking, but Binance exchange looks like a safer place for me. Well, BNB and ETH are proven coins for many years, and these coins are the best coins after Bitcoin as well. Moreover, if we learn their market caps, are the number 2 and 3 largest so far. So, no doubt to have them for a long time.

If your main goal is the safety of your coins instead of profits then without about those two coins are the best that you can stake as they are two of the best coins that we have in the market, however I need to recognize that I'm not really that friendly to staking my coins because I do not like the idea of having my coins being static for such a long amount of time, after all if you learn how to trade then you can earn way more money with your capital than what you can do with staking.

Topic: What is the safest coin to stake? (Read 760 times)