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.

xzone

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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

Safest coin to stake and Juno? Do not give such advice to anyone. A project that is not listed on any major exchange, says it gives high apy rates, and can disappear in an instant is always very risky. It may be a coin that you think will make a lot of money, but you need to do a good research to invest in it.
We are looking for the safest coin to stake, the coin you mentioned has nothing to be trusted Cheesy

I agree, stable coins are better for this

Rehan Zakir

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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.

mdzahed134

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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.

smartaction

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Quote from: Wong Gendheng on February 27, 2022, 06:11:41 AM

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.

No coin is safe and keeps going up, ETH and BNB a few days ago dropped more than 10% in a day, and for 2 months it has dropped more than 24%, this is decentralization that no one can control, the easiest thing right now to lock in bigger profits or stop losses is to be able to switch to stable coins like USDT.

The value of cryptocurrency coins will go up and down. so its religion and this is our real opportunity to get real from here. It is very risky but the chances of making a profit are high. So even if he invests his hard earned money, he should be careful and as soon as he gains from a token, he should exchange it and withdraw the stable coin so that he does not face any loss.

Reatim

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Quote from: ajochems on February 26, 2022, 05:11:03 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.

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 the best coin to inverse your valuable money.Ethereum was the best coin, so it give u huge chances to get profit from it. People with less trading knowledge also can inverse their money into Ethereum.If they hold the cpin for the longer period. It's easy for them to gain huge amount of profits.

I can see that this Shit coin to be the next to Pumping material of Whales because there are lots of shitpost about this to be the perfect investment but what i cannot see is what would be the best in this shitcoin to really bring investors profit.

Quote from: imamusma on February 27, 2022, 06:21:58 AM

Quote from: Wong Gendheng on February 27, 2022, 06:11:41 AM

No coin is safe and keeps going up, ETH and BNB a few days ago dropped more than 10% in a day, and for 2 months it has dropped more than 24%, this is decentralization that no one can control, the easiest thing right now to lock in bigger profits or stop losses is to be able to switch to stable coins like USDT.

In today's market conditions it is better to lock in profits with stable coins than to stick with decentralized coins which tend to decline when the market is not stable, so the only security now is stable coins which are very suitable in terms of storing assets that are not stable already available.

But what OP ask is about Staking and not about holding so what would be the currency to put in there?
specifically is what i believe OP is asking .

imamusma

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Quote from: Wong Gendheng on February 27, 2022, 06:11:41 AM

No coin is safe and keeps going up, ETH and BNB a few days ago dropped more than 10% in a day, and for 2 months it has dropped more than 24%, this is decentralization that no one can control, the easiest thing right now to lock in bigger profits or stop losses is to be able to switch to stable coins like USDT.

In today's market conditions it is better to lock in profits with stable coins than to stick with decentralized coins which tend to decline when the market is not stable, so the only security now is stable coins which are very suitable in terms of storing assets that are not stable already available.

Wong Gendheng

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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.

No coin is safe and keeps going up, ETH and BNB a few days ago dropped more than 10% in a day, and for 2 months it has dropped more than 24%, this is decentralization that no one can control, the easiest thing right now to lock in bigger profits or stop losses is to be able to switch to stable coins like USDT.

Luqman

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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.

ajochems

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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 the best coin to inverse your valuable money.Ethereum was the best coin, so it give u huge chances to get profit from it. People with less trading knowledge also can inverse their money into Ethereum.If they hold the cpin for the longer period. It's easy for them to gain huge amount of profits.

passwordnow

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Quote from: riskarcher on February 26, 2022, 10:46:40 AM

Honestly no one knows what coin will be survive in the next 10 years for sure If we look at the history from 2013 - 2021 ETH, XRP, ADA, BNB and LTC that's all, thats the coin will be survive and profitable than other coin, if you want to find safe staking Binance Exchange and Biswap Staking are my favorites or you can look for other options according to your wishes and always DYOR in every choice you take, your money is your responsibility

You're still at risk if you stake upon Binance exchange. You don't hold the keys and that's why even if you think that you're safe with Binance, you're not really because you don't your cryptos.
I'm a user of that exchange and I know that it's one of the most trusted and known exchanges at all.
DYOR is a must so you'll figure out which coins are likely to survive for the long term. You don't waste your time and money searching for projects that might be outdated within the next few years.

crzy

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Quote from: riskarcher on February 26, 2022, 10:46:40 AM

Honestly no one knows what coin will be survive in the next 10 years for sure If we look at the history from 2013 - 2021 ETH, XRP, ADA, BNB and LTC that's all, thats the coin will be survive and profitable than other coin, if you want to find safe staking Binance Exchange and Biswap Staking are my favorites or you can look for other options according to your wishes and always DYOR in every choice you take, your money is your responsibility

Staking can be vary depends on the price in the market, its too risky to stake at a bottom price because you might lose opportunity to make money once the price recovers, so staking also needs a perfect timing and this is not easy. Better to stake with the great coins available in the market, Binance exchange is a great place to stake your holdings, just keep doing your best to analyze it well.

riskarcher

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Honestly no one knows what coin will be survive in the next 10 years for sure If we look at the history from 2013 - 2021 ETH, XRP, ADA, BNB and LTC that's all, thats the coin will be survive and profitable than other coin, if you want to find safe staking Binance Exchange and Biswap Staking are my favorites or you can look for other options according to your wishes and always DYOR in every choice you take, your money is your responsibility

Benefactor

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You can decision AVAX for marking however there is a gamble. Additionally, you can stake VeChain and it is likewise adequate. I have discovered that you should put resources into a venture that has a decent item. I implied a decent item that produces great income. I have an alternate assessment on matic. In any case, you really want to find without help from anyone else for the coins since you really want to change with your assets. A few coins will cost huge amount of cash before you can begin marking.

masterrex

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I think there's no such thing as the safest coin for staking because at the end of the day all cryptocurrencies are subjected to fluctuation which is very volatile in nature, that's why every time the value may decrease or increase. so I think it safer to use a reliable stable coin like BUSD because it did not fluctuate much like the common cryptocurrencies in the process.

timerland

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Quote from: FanEagle on February 26, 2022, 12:38:11 AM

It certainly will be ETH whenever ETH 2.0 is available. However, even at the time being we are seeing some places like Binance start allowing people to stake in a pool together with the current system. Doesn't mean that it should be done in a different way or should be done badly, it is definitely not a great system currently but it is not zero neither, it is at least something.

Requires you to lock it for a long time and doesn't earn you much, so it is not preferred at the time being. Which leaves things like BNB at bay, that is a lot better and you could stake it in a million different places and you could earn a lot of money from them as well, certainly a good option.

What exactly do you and OP mean by the "safest" coin even?

Are you talking about network safety, or fluctuations with the price of the coin...?

If the former, then you can't get better than Ethereum. ETH2.0 staking has been available for quite a while now and has produced consistent returns. SOL is also a potential alternative, although its network is down sometimes so you will need to be comfortable with that.

If you care about the fiat value of your Stake, then I highly suggest looking at Anchor protocol - not really staking but 20% APY on stablecoins is pretty sweet.

Hypnosis00

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Quote from: ?? on ??

everything has a risk, it is not easy to predict the future, anything can happen. ETH is very strong for the future there is no doubting that but choosing the MATIC coin is the right choice for the future with full of risk and the possibility of big profits because the price is still under $3
for security believe no one is safe for the possibility of taking profits, big risks for big profits.

If you look at the advantages of the two coins you mentioned, I am still very confident in Ethereum than Matic even though the price of Ethereum is already very expensive and when compared to the current price I think the profits could be more if Ethereum can find a new ATH again in the year this, and for Matic it's not that bad actually, just to increase to 100% it looks very difficult in the current market conditions.

For staking, we usually check which coins/tokens have a higher APY that we possibly get, not the name. Like if we can see Matic is higher APY compared to ETH, you surely choose Matic instead of ETH. I'm not going to deny that if that happens to me. I use flexible staking which I can withdraw my funds anytime so staking not known coins is safe unless we are using new and non-reputable exchanges. Of course, not a hundred percent safe and we know that already.

Kocret02

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Quote from: chikading2016 on February 25, 2022, 07:59:27 PM

You are right it is really hard to predict the future of every coin, there are a lot of altcoins from year 2017 to year 2020 that is abandoned by the developer and turn into zero value and some is still listed by no volume on market, so I think we can have more advantage if we stake the coin for 1 to 2 years and then refresh and stake it again, for now staking a coin like play to earn or metaverse is the best choice.

Coins that are still in the market with zero volume will also be deleted by the exchange at some point in the future, so obviously the best option as you said is still more suitable to do at this time than just storing coins in a wallet without adding to the amount of assets.

FanEagle

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It certainly will be ETH whenever ETH 2.0 is available. However, even at the time being we are seeing some places like Binance start allowing people to stake in a pool together with the current system. Doesn't mean that it should be done in a different way or should be done badly, it is definitely not a great system currently but it is not zero neither, it is at least something.

Requires you to lock it for a long time and doesn't earn you much, so it is not preferred at the time being. Which leaves things like BNB at bay, that is a lot better and you could stake it in a million different places and you could earn a lot of money from them as well, certainly a good option.

chikading2016

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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?

You are right it is really hard to predict the future of every coin, there are a lot of altcoins from year 2017 to year 2020 that is abandoned by the developer and turn into zero value and some is still listed by no volume on market, so I think we can have more advantage if we stake the coin for 1 to 2 years and then refresh and stake it again, for now staking a coin like play to earn or metaverse is the best choice.

timerland

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First of all, I don't think that you should look at staking as an income source per se.

The token supply inflates whenever you receive staking rewards, which means that unless the market cap of the coin goes up and exceeds the growth in staking rewards in the ecosystem, you are actually not making much money at all.

You could, however, try staking SOL or ETH. Both give attractive rewards, but as I said, you should not treat this as income.

ScamViruS

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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.

This project is not even listed on any of the known top exchanges, so I don't know how you suggest this project to anyone else. Various projects try to take advantage of the market by showing the temptation of such high reward. So in order to invest, the investor must be aware of different aspects of a project.

AnonBitCoiner

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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

Wildwest

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To find safe in investing of course potential coins are the mainstay of all of us but the risk remains because not all our predictions are in accordance with the expectations we want, if you want to invest in the long term then altcoins that already have their own blockchain network may be able to hold such as BNB, solana and matic Because the coin can indeed develop for the future, And most likely a big profit will definitely await you.

ivankoh

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Quote from: bakasabo on February 15, 2022, 03:06:08 AM

What kind of stake do you prefer? To stake altcoins on exchange, or in the wallet?

I like the integrity of financial sovereignty. So betting on cex with kyc processes is optional but not in my standards. I'm currently betting on a layer 2 ecosystem on bitcoin- it’s Sovryn. Long enough time to get liquid airdrop or platform share fee to get your own btc. Moreover, a Dao will have full development options for any suitable direction in the future.

kotajikikox

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Quote from: Bollexz1 on February 23, 2022, 06:00:53 PM

I think the safest coin to stake are the ones that gives the privilege to stake with the top coins in the Crypto space, as they give the potentials to acquire more and grows further with huge profit.

What coins are those? because does it seems like OP is asking for specific currencies?

But I am staking to some new projects in Binance now, i will not introduce any of them but OP can simply check in the Binance platform ..

and also try not to deal with new project that has not been in Big exchange because there will always a big risk of not going somewhere high.

Kelvinid

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Using the top listed coins for staking is a good choice but even that, this never gives you the fullest level if we are talking safe as there are many factors that could influence that, and one is the exchanger we use.

if we are into staking we have to put these things into consideration,
* coins(preferred old coins)
*exchanger (must be reputable)
*term of staking (flexible or fix)

But for me, I'd choose flexible so I can able withdraw them anytime and if I need it to trade.

manok jepang

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In my opinion the safest coin to bet on is BNB, but we have to buy the coin at the lowest price, for example like now the price of binance is very suitable for staking, BNB is a coin that ranks third in CMC which is very suitable for betting because the price is still very affordable. besides that BNB staking is supported by many decentralized exchanges, thus providing a great opportunity to generate profits for you,

ethereumhunter

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It is better to search by ourselves than follow other people's suggestions to find which coins will be better to stake because we have to consider how much money we will use to start buying the coins, how much we want to stake and how long we need to lock it in a platform. Maybe people who have a lot of money can choose ETH or other expensive coins, but people who don't have enough money to start should look for those coins and analyze them before deciding to choose the coin.

southerngentuk

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I personally feel safe and have made a better profit staking ETH, but right now it can be a big hurdle for many people as the cost and price are hard to reach for new people. But now I see that ATOM is also bringing a lot of profit from stake. Moreover, many projects are doing retroactive via ATOM stake, and the choice still depends on your judgment, and no one can guarantee the whole thing.

yhiaali3

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Since you do not want staking Ethereum, my preferred option after Ethereum is Binance BNB token, at the moment its price is a little low with the market down, so I think the time is right to buy a good amount of it, especially since BNB staking is supported on many central or decentralized exchanges, BNB is a strong coin and has an advanced rank in the market and is expected to have a very big future due to the great use of BNB and the burning of large amounts of it constantly, in addition to the many other features. I think it would be a good option.

Republikcoin.com

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Quote from: ?? on ??

These three types of cryptos never change their position, but changes in the three types of cryptocurrencies also exist, namely prices. The comparison, I think, lies there if there is a statement that the top 10 cryptocurrencies today are very different from the top 10 cryptocurrencies a few years ago.
If there was such a statement, what would you explain?

Allow me to answer this.
The difference between cryptocurrencies in the top 10 coinmarketcap rankings does exist and also happens often every year because I've also seen coins like Dogecoin being in the top five and top 10 coinmarketcap in the past even though they are now out of the top 10, as well as The Shiba Inu was also included in the top 10 when it was still hype last year, but now try to see for yourself where the Shiba Inu is.
And if you have opened coinmarketcap before Solana, Polkadot, Link and Avax and Luna were still below, you will also find different altcoins in the top 10 coinmarketcap rows.

ringgo96

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In investing certainly has risks because not all the coins we hold will develop as we expect, so with the capital you have today must be ready if later lost in the coins you hold, to reduce the risk then potential coins such as BNB, matic and solana I think you can hold for now because the coin is currently in great development in order to compete to be the best altcoin for the future, If you believe the coin you can hold it at this time.

Bollexz1

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I think the safest coin to stake are the ones that gives the privilege to stake with the top coins in the Crypto space, as they give the potentials to acquire more and grows further with huge profit.

Silberman

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Quote from: StarKay on February 22, 2022, 04:43:30 PM

The safest coin to stake is actually a personal decision because there is no standard empirical measure to get the right answer.

I'll say that you should stake the coins that you're most interested in hodling, which coins get your attention and you want more of it and you are ready to hold for a long period, that will give you your answer.

My top coins may be your shitcoins so I would suggest you simply stake the best of your top coins.

And this is what makes staking your coins something so difficult, there is not really a right answer for this as without a doubt a few coins which offer you to stake your coins will become incredibly successful in the future, but there will be also a lot of coins which will make the same promises and that will fail to fulfill them, so when we take this into account then we realize that staking our coins is as risky as investing or trading and the chances that we succeed are on the low side.

bittraffic

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You will only be safe in staking altcoins if you have a lot of money to spend from the beginning. If you invest like $100k you will earn substantial.amount per epoch(5days) lets say you try Cardano (ADA).

One that I regret was when I tried staking just 600 EOS but everyday I only earn 0.04EOS everyday so thats now a good return.

StarKay

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The safest coin to stake is actually a personal decision because there is no standard empirical measure to get the right answer.

I'll say that you should stake the coins that you're most interested in hodling, which coins get your attention and you want more of it and you are ready to hold for a long period, that will give you your answer.

My top coins may be your shitcoins so I would suggest you simply stake the best of your top coins.

Ezravdb

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Quote from: ?? on ??

The top 10 cryptos today are clearly very different from the top 10 cryptos a few years ago. The world is constantly evolving, crypto is also constantly evolving. Ethereum a few years ago became the most used altcoin in large projects. Currently Ethereum is the most complained about because of the high cost of gas.
Investing in crypto is good, but not good if the goal is too big considering the current state of the crypto market is not stable.

Of the ten types of coins that are on the current list of top cryptocurrencies, only three coins have never changed their position and that was also seen very often in the past even though the market conditions corrected greatly, and the problem of large transaction gas fees on Ethereum also did not make it difficult for him to trade things develop and stay in a good position till now.
You can see all three in the image below;
(Bitcoin, Ethereum, & USDT)

^{Image Source: https://coinmarketcap.com/}

peter0425

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you can directly check here in Binance in which coin is good for staking

https://www.binance.com/en-AU/my/dashboard

just try to find the highest offer and the longest available time of staking.

Safest is what you want right? so that is the safe and reliable place to stake as i have been in those process for months and yeah Binance is generous to bring profit to me.

batang_bitcoin

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Quote from: jerry0 on February 16, 2022, 03:13:59 PM

Wouldn't it be a stable coin like usdc or usdt?

Yes, it's safe to stake those stable coins. But the question is on which platform it's going to be safe? Choose the platform where you'll stake those stable coins.

Quote from: DU18 on February 20, 2022, 08:26:16 AM

Staking on several coin is sometimes not the main choice but when the price drops have to stake without any other option except holding, now I loss much with zilliqia coin and holding is main purpose beside still have staking after Binance exchange support for Zil coin. But if you not loss here is not good earning give by Zil coin for staking, under 20% APY I think is very small reward for staking coin, maybe you can see on Binance have several coin give above 50% reward as staking.

IMHO, it's not a good choice to stake for so many coins. You either choose one with a great amount to stake or you just hold it. Everyone who knows the idea of staking would agree that if you're going to stake a small amount, you better hold it. And if you're too much diversified in staking and you have a lot of coins in there, you'll still earn a little from each of it but I don't find it worth it even if you combine the profits you're making for all of them.

DU18

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Staking on several coin is sometimes not the main choice but when the price drops have to stake without any other option except holding, now I loss much with zilliqia coin and holding is main purpose beside still have staking after Binance exchange support for Zil coin. But if you not loss here is not good earning give by Zil coin for staking, under 20% APY I think is very small reward for staking coin, maybe you can see on Binance have several coin give above 50% reward as staking.

Ziskinberg

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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.

That actually a great move and only a few do.

Quote

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?

if you are still worried about the possible results after investing, I suggest not to continue doing this coz that will be the reason for your bad decision leading to losses. Before you decide to take the risk and do staking, be sure that you are totally prepared for whatever happens in the future. However, staking potential coins is a need for you to choose then, not new projects.

kaseygriffin

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Personally, I'm liking the ATOM and have invested a small amount of money with it, and I'm very happy with what I'm getting. There are many new projects under construction on ATOM and often air, retroactive from new projects thanks to staking.

24Kt

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Quote from: Scripture on February 19, 2022, 06:14:47 PM

Quote from: Johnyz on February 19, 2022, 04:55:54 PM

Quote from: andyou1234 on February 19, 2022, 12:22:59 PM

I think a coin that has a large market capitalization like a coin that is in the top 10 CMC, is a very good coin and very safe for staking, because the coin has a very large opportunity to increase higher, besides that the coin is also very worthy as a long term investment.

I should understand staking first and compute for the possible return if its really profitable or not, but I agree that staking with the top coins is a good choice since they can be a good investment as well especially for your long term goal. I didn’t stake that much, because small money is nothing when you stake so make sure to have a good capital on this one.

Staking is risky especially if you bought at the peak price so I agree, we should still analyze them before staking and it doesn’t mean that they are on top they can be more profitable. If you know how to trade, I’d rather suggest to focus on this than to staking, this can be more profitable and rewarding as well.

Staking a specific coin comes with risk as well as trading. Venture where you are good at. But when it comes to staking, don't look for coins that has very high APY offered but the stability of the project. What I meant here, is that the coin itself has very good development, and you are confident that they will not disappear without warning. Some staking coins are only good at the start but later on their value tends to decline, in which, even if they have higher APY, you can't still get the profits that you want because they already lose their value.

Scripture

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Quote from: Johnyz on February 19, 2022, 04:55:54 PM

Quote from: andyou1234 on February 19, 2022, 12:22:59 PM

I think a coin that has a large market capitalization like a coin that is in the top 10 CMC, is a very good coin and very safe for staking, because the coin has a very large opportunity to increase higher, besides that the coin is also very worthy as a long term investment.

I should understand staking first and compute for the possible return if its really profitable or not, but I agree that staking with the top coins is a good choice since they can be a good investment as well especially for your long term goal. I didn’t stake that much, because small money is nothing when you stake so make sure to have a good capital on this one.

Staking is risky especially if you bought at the peak price so I agree, we should still analyze them before staking and it doesn’t mean that they are on top they can be more profitable. If you know how to trade, I’d rather suggest to focus on this than to staking, this can be more profitable and rewarding as well.

Silberman

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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?

At the time your best option is probably to do nothing and avoid staking your coins, this is probably not what you wanted to hear but staking your coins is very risky, and you gave the reasons why this is the case in your post, while a coin that seems to be doing great right now could seem like a good option the market of cryptocurrencies can change dramatically in a matter of weeks and months, and being so heavily invested in a coin which you do not know will be able to pass the test of time is simply a mistake that no one can afford to make.

Johnyz

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Quote from: andyou1234 on February 19, 2022, 12:22:59 PM

I think a coin that has a large market capitalization like a coin that is in the top 10 CMC, is a very good coin and very safe for staking, because the coin has a very large opportunity to increase higher, besides that the coin is also very worthy as a long term investment.

I should understand staking first and compute for the possible return if its really profitable or not, but I agree that staking with the top coins is a good choice since they can be a good investment as well especially for your long term goal. I didn’t stake that much, because small money is nothing when you stake so make sure to have a good capital on this one.

michellee

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Quote from: Renampun on February 19, 2022, 10:13:57 AM

bitcoin, ethereum, binance, avax, tezos dan vechain imo...

binance has many features, one of which is staking. you can try to be a staker on one of the coins that Binance provides. as far as i know binance provides 20+ tokens/coin locked staking offering.

You are right. While you stake BNB in the BNB Vault, you can earn many new tokens and the amount will depend on how many BNB you send into BNB Vault. And yes, you can find many coins that you can stake on Binance and so far, I can have many new coins and tokens by doing that.

But you should remember that staking itself needs time before you can earn a nice reward and you can not expect to make a big profit from staking in the short term. If you can accept that as a risk behind of stake, you can continue to stake the coin you want.

andyou1234

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I think a coin that has a large market capitalization like a coin that is in the top 10 CMC, is a very good coin and very safe for staking, because the coin has a very large opportunity to increase higher, besides that the coin is also very worthy as a long term investment.

coco23

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Quote from: Renampun on February 19, 2022, 10:13:57 AM

bitcoin, ethereum, binance, avax, tezos dan vechain imo...

binance has many features, one of which is staking. you can try to be a staker on one of the coins that Binance provides. as far as i know binance provides 20+ tokens/coin locked staking offering.

But then you would be exposed 100% to the Binance platform. For the sake of diversity I would not keep all my holdings on a centralized excahnge. Coins like Avax, Tezos, Vechain and the likes can normally also staked from their respective wallets. Of course this is a bit more tricky for ETH and impossible for BTC, but one could also distribute the coins to different staking platforms of centralized exchanges (for instance Kucoin or Nexo) to not have everything in the same place.

Renampun

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bitcoin, ethereum, binance, avax, tezos dan vechain imo...

binance has many features, one of which is staking. you can try to be a staker on one of the coins that Binance provides. as far as i know binance provides 20+ tokens/coin locked staking offering.

Similificator

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I can relate with you so if you are not that busy, go on some exchanges like binance and check out their earning options. Some exchanges have very good deals and apy and some also doesn't have those lockup periods that are making you worrisome right now. But if you are a little bit greedier and have lots of free time, good startup projects are very worth it to stake into. While good amount of research is needed, the profits are really good.

- or you can just choose those suggestions above. Anyway, good luck to you op

)

Reatim

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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?

Just check Binance staking mate , you can find more project that has safer option but of course not having too much profit but at least very safe and reliable .

I have tried couple of times and yes i made a profit and still doing it now mate.

Just make sure that you are willing to wait for 1 month or more to see your profit lol.

Ararbermas

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

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

no one actually can predict the future mate. so if you want to a stake coin i highly suggest to make research first which can really guarantee a good return after all. I mean don't trust in any recommendation and make your own research as well to obtain more specific information. for example which crypto is really good to stake this year..

And of course alway remember to risk what amount you can afford to lose only to prevent regrets especially if you want to stake a new token because you see it very promising..

jerry0

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Wouldn't it be a stable coin like usdc or usdt?

jostorres

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

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?

If you are worried you should only invest smaller amounts or amounts that you can afford to easily lose so that it wont be a big deal for you if ever you lose and you can easily forget it and you can move on, on your next journey if whatever it was.

You say etherium is a good coin to stake but did you know that it is not cheap to stake with eth? If I am correct it takes 21 ether to get started and it also take for a couple of years I think to finish but it seems you already know this part. Atom is a strong coin right now but I think atom is not new so you sure that it will be still relevant in the future and whats you problem with the new top 10 coins? They deserve their spot IMO.

xmonkeyx

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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?

if you are not interested in the top 10 coins then you have to be prepared with a big risk to choose another coin whose percentage will be able to rise in the next few years, choosing a coin like AVAX, or an atomic coin that you like is very risky for a long term investment 3- The next 5 years, but if they are successful in developing the coin, it will certainly get a big profit for you, it's very wort in my opinion but it's not done for people who are very afraid of losing their money.

Sayeds56

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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?

I would suggest you to choose one the following coins as they have shown good growth during the past year. Their APR is also handsome. I am also providing link of dashboard of DEFI wherein you can see TVL on each chain and the APY of their protocols.
LUNA, SOLANA, XTZ and AVAX

https://defillama.com/

TopT3ns

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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?

Looking about safest coin for staking maybe I can recommend for you with coin keep stable price and keep consistent APY without any change, have several coin not consistent APY reward depending how much investor staking their coin added every day. LOOKRARE have good APY but not stable at the first time above 500% and now back drop under 250% but price of this coins not stable. Maybe SFUND is recommended coin to stake with consistent APY with 75% and price looking good on $7 last several days.

wajik-tempe

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Quote from: slaman29 on February 14, 2022, 02:11:07 AM

Are you guys kidding me? We're talking about staking and not a single person mentions Ethereum?

How on earth for example one of you guys actually recommends Tezos as your top coin for safest staking? You know Tezos is the brainchild of scammers who still haven't cleared their name right?

I wasn't a fan of Ethereum before but lately, they've proven to be decentralized to a point no one controls them anymore. How can Ethereum be less safe than any of the other coins mentioned?

Tezos on the list of 5 coins that could be staking on ledger wallet, so i think it's quite safe to do and yeah why people are not mentioned ETH as the safest staking because i think there are many coins that have higher APY than ETH and it's also safe just like BNB or even USDT, staking USDT return is higher than ETH return so i think right now staking ETH is not really a good choice

Wahyuihib

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In my personal opinion, every coin that has entered the top 10 rankings, it is ensured that the coin has a good foundation, price, and management. and if you are hesitant to invest long term in other coins, you better invest in the number one coin, namely btc..

diffract

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Quote from: bakasabo on February 15, 2022, 03:06:08 AM

What kind of stake do you prefer? To stake altcoins on exchange, or in the wallet? For example you can stake BNB in Trust wallet and stake them on Binance. The differences are in % and obligatory to pass KYC or not (and such trifle as "not your key, not your crypto"). If passing KYC is not a problem, why not get any top altcoins, that Binance offer high % for staking? For mentioned Matic Binance now offer 6% APY.

well, staking a good amount of money on an exchange doesn't seem to be a good idea. I prefer to keep my wallet local and delegate the crypto.

sarmrakib

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Vave.com

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?

Its true that nothing is sure and secure here in crypto. You have to take riskso that you need to set on it on mind then ready to invest on staking to earn. I think the return percentage is different on different platform so that you need to search the high percentage of return platform then take your investment. I think matic is a right choice to stake cause it has a strong concept and more potential than any other project. You may look into Avax and Near which has really strong concept and more potential. I think you may get a good return. Hope for the best.

bakasabo

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What kind of stake do you prefer? To stake altcoins on exchange, or in the wallet? For example you can stake BNB in Trust wallet and stake them on Binance. The differences are in % and obligatory to pass KYC or not (and such trifle as "not your key, not your crypto"). If passing KYC is not a problem, why not get any top altcoins, that Binance offer high % for staking? For mentioned Matic Binance now offer 6% APY.

michellee

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I guess no safest coin to stake as all coins in the stake can have their risk. You can stake coins at the exchange if you want and Binance will be a good choice. But if you want to stake at your wallet, you can select Ledger, CRO wallet or others. I used CRO wallet and stake some CRO coins to earn other coins and still working until now. But you need to find by yourself for the coins because you need to adjust with your funds. Some coins will cost a lot of money before you can start staking.

ryzaadit

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Quote from: slaman29 on February 15, 2022, 02:14:53 AM

-snip-

Please read again my post. In the post, I'm talking

"If you just staking with small money you can get only a small % pool"

That it's referring to staking pools. Try to use the staking reward calculator and comparing the reward + the risk you are gonna to receive. Example 30,000 USD (ETH) fund for staking will receive around 100+$ in one month.

That's just under 1%, and the risk you are gonna to get by volatility crypto is more than that. Imagine you get 100$ reward for one month, and ETH price moving down with only 1% you already lost 300$.

slaman29

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Quote from: ryzaadit on February 14, 2022, 04:36:17 PM

Quote from: slaman29 on February 14, 2022, 02:11:07 AM

-snip-

Did you also kidding us ?

ETHEREUM staking need a lot money, If you just staking with small money you can get only a small % pool. Full validator need more than 32 ETH, people love to staking with small market cap coin comparing major coin because the APY is really high comparing major coin/tokens.

It's not even worth at all, the risk comparing reward for staking ETH.

Have you never heard of staking pools? Look at Ethereum.org and find information on staking and the very first page tells you all you need about.

All those staking coins people talk about in Defi does not even make them validators anyway, so who here is talking about becoming an ETH validator?

Very few people can mine Bitcoin solo, very few people can stake ETH solo, so why are you assuming I am telling people to do so? You sir are the one kidding.

livingfree

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Quote from: ryzaadit on February 14, 2022, 04:36:17 PM

Quote from: slaman29 on February 14, 2022, 02:11:07 AM

-snip-

Did you also kidding us ?

ETHEREUM staking need a lot money, If you just staking with small money you can get only a small % pool. Full validator need more than 32 ETH, people love to staking with small market cap coin comparing major coin because the APY is really high comparing major coin/tokens.

It's not even worth at all, the risk comparing reward for staking ETH.

That's true, whether you join into a small pool, that wouldn't be a great profit but at least you helped the network.

Also, it's not yet completely done in the turnover of PoW. Only a few platforms that you can stake it including binance. But if I'm going to stake ETH there, I'd choose to hold than putting it there.

I know some pools are already operating but I'll wait for its complete turn.

ryzaadit

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Quote from: slaman29 on February 14, 2022, 02:11:07 AM

-snip-

Did you also kidding us ?

ETHEREUM staking need a lot money, If you just staking with small money you can get only a small % pool. Full validator need more than 32 ETH, people love to staking with small market cap coin comparing major coin because the APY is really high comparing major coin/tokens.

It's not even worth at all, the risk comparing reward for staking ETH.

Raflesia

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_""""Duelbits""""_

You can go to Binance exchange with some of the top coin choices and have ETH in them but the APY is very small for ETH to be staked there, maybe have a look here. https://www.binance.com/en/defi-staking

Actually there are many who offer staking on new platforms with very large APY of course it is risky but if you want popular coins that you use you can choose several exchanges that support this, but ETH and other types of coins will certainly be very small on the APY.

bitterguy28

full member

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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?

you can simply find the available staking in Binance exchange for your own safety and short profiting .
there are at least 30-90 days staking available in new projects that can give you even 2 digits income in short term.
just be the early bird because the 90days period are mostly easily gone and the low term remains available .

babygun

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I stake all my coins on Kraken and would recommend staking Ethereum, Polkadot, Cardano and Solana. All these coins have a bright future, so with some luck, you will not only have staking profits but also profits because the value of the coins went up. Other options to stake are Tezos or Kava.

slaman29

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Livecasino, 20% cashback, no fuss payouts.

Are you guys kidding me? We're talking about staking and not a single person mentions Ethereum?

How on earth for example one of you guys actually recommends Tezos as your top coin for safest staking? You know Tezos is the brainchild of scammers who still haven't cleared their name right?

I wasn't a fan of Ethereum before but lately, they've proven to be decentralized to a point no one controls them anymore. How can Ethereum be less safe than any of the other coins mentioned?

Sayeds56

copper member

Activity: 1316

Merit: 715

Eloncoin.org - Mars, here we come!

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?

I think there is no Alt coin which is totally safe and risk free. Risk is associated with every investment so is with crypto. For farming and staking I think AVAX, SOLANA and Luna are good, their wallets like Phantom and Terra station can be used for staking. https://apeswap.finance/swap is also good for farming/staking Matic and its pairs for generating passive income but always remember that there is risk of impermanent loss. DYOR

shinratensei_

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I know how do you feel about the market and the climate in the crypto market can change anytime. I will give you a case about the popularity of privacy coins. I remember that when privacy coin became a big trend and it needs around 2 years for the privacy trend to be irrelevant again with the development in the crypto market.
I have learned that you must invest in a project that has a good product. I meant a good product that generates good revenue. I have a different opinion about matic.
You must consider the strategic investment as a part to make this project being relevant until 5 years later.

Crypto is growing so fast but i personally think BNB, some metaverse tokens like MANA will still be relevant until 5 years ago. Uniswap , aave, and many more.

diffract

newbie

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Thanks, some really good suggestions, especially the Ledger list

terrific

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Catalog Websites

https://www.ledger.com/staking
On that link, it has 5 supported altcoins for their staking. I think a company like Ledger supporting only 5 altcoins for staking has some serious reasons for doing so.
I'm not saying that you rely on their bet as they support these. But you can have an idea that one of the most known hardware wallet got to choose these.

peterpanda

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Without risk, you will not be able to earn good amount. It is not easy to predict the future. You can choice AVAX for staking though there is a risk. Besides, you can stake VeChain and it is also good enough.

seleme

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Duelbits.com

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.

diffract

newbie

Activity: 21

Merit: 1

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?

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