Author

Topic: What you will opinion? (Read 539 times)

full member
Activity: 938
Merit: 105
January 10, 2020, 06:07:32 PM
#52
Frankly speaking, I'm not interested in staking cause I know how the market behaves. It doesn't give us an assurance that the time we get our money/coins the price is high. The risk is too high compared to trading and I believe it was not profitable IMO unless if we just stake Bitcoin.

https://www.pickacrypto.com/coins/elrond-erd-review-analysis/
But that is your stance anyway, I'll just hope that this Elrond will have a better future.
sr. member
Activity: 1246
Merit: 285
January 10, 2020, 05:49:14 PM
#51
It is true that many new projects carry out programs such as locking tokens for a predetermined time, so that the value can increase but not immediately increase only by locking if not accompanied by the many requests and enthusiasts of these tokens for what has been said to run properly.
So true. If it is not offset by increased demand, prices will stagnate. There must be innovations and other marketing strategies that can drive increased demand. The method can be applied by increasing the percentage to get bonuses, transaction fee discounts, etc.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
January 10, 2020, 01:15:50 PM
#50
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.
This is something that I'm seeing more in the forum and I'm not sure that I like it, people are concentrating a lot in the supply side thinking that if a coin is made artificially scarce then that is going to drive its price up in the future but you also need for the demand to be there and if no one wants to buy that coin then it doesn't matter what they do to the supply the value of that coin is going to be zero, so forget about that coin and concentrate in some other activity that can give you profits in the future.
sr. member
Activity: 924
Merit: 256
January 06, 2020, 06:38:14 AM
#49
The problem is that like other projects that have occurred before, the locked supply has been distributed to their respective team members in case the price drops.
This can make investor confidence decline and prices will stagnate, besides that the volume will definitely be very low. But if it is only for safekeeping, I believe that coin staking is indeed better in the long run.
it was the fault of the CEO of the project developer who misused the trust of investors, the team should also be able to commit that the key tokens will be given when the platform development is complete so that investors can enjoy the results as well because the projects they develop can be successful and have a price good at an exchange place.
jr. member
Activity: 236
Merit: 1
January 06, 2020, 05:53:55 AM
#48
I think this is not a good way to make money it doesn't even look legit, so I would say don't fall for this trap just do things which are best in your interest.
sr. member
Activity: 1344
Merit: 264
bit.ly/3QXp3oh | Ultimate Launchpad on TON
January 06, 2020, 05:40:24 AM
#47
the price is determined by the demand, the locking period might affect the price in some way but it is not significant. even if the project locks 90% of the total circulating supply but nobody wants to buy it, the price will eventually drop. as for now, I do not see any demand for the altcoin.
Exactly like that, if the project does not have long-term investors, the price will certainly fall. Recently I have also seen many projects that have implemented token lock within a year and only unlocked 10% when listed but the price is still down many times compared to the ICO price, even that altcoin has no volume on exchanges. The interest of investors for altcoin has disappeared, right now all is focused on bitcoin and investing in it.
sr. member
Activity: 868
Merit: 267
SecureShift.io | Crypto-Exchange
January 06, 2020, 05:25:03 AM
#46
The problem is that like other projects that have occurred before, the locked supply has been distributed to their respective team members in case the price drops.
This can make investor confidence decline and prices will stagnate, besides that the volume will definitely be very low. But if it is only for safekeeping, I believe that coin staking is indeed better in the long run.
hero member
Activity: 1932
Merit: 506
Betking.io - Best Bitcoin Casino
January 06, 2020, 04:30:55 AM
#45
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.
Staking is good if you know where to invest as there are plenty of shit projects that offers this kind of service and they are like a crocodile that are patiently waiting for their prey to come.

I am not really familiar with Elrond and I don't intend to dig about it due to market condition, staking is best once the market is in bull and not in bear so the reward is kinda high.
hero member
Activity: 1484
Merit: 535
January 06, 2020, 03:52:54 AM
#44
Dude, Elrond is one hell of a good project to invest into okay. Their team is well experienced and the use case behind the Elrond project is a laudable one. Currently it is way cheaper than i thought, guess this is the time to fill my portfolio with some ERD again, hopefully alts season can kick in at any point in time. How much do i need to stake before i can get into this staking program?
member
Activity: 308
Merit: 10
Bitcoin is the future
January 06, 2020, 03:39:51 AM
#43
 What determines the price of a token, is the demand, when there is no demand, even when you lock 99% of the coin, the price will still dump.
Elrond should create realistic utilities for the token, that will only make price better.
hero member
Activity: 1400
Merit: 674
January 06, 2020, 03:23:05 AM
#42
Elrond is traded in binance, this is the best I think for this coin, but 10-phase staking with token locking system is very bad. because the familiar staking model for now is snapshot wallet, and then also the ERD price of only 23 satoshi still tends to fall sharply. from these two things I suggest not to follow it.
member
Activity: 574
Merit: 18
Making Smart Money Work
January 06, 2020, 02:28:45 AM
#41
People are still failing to see clearly what dangers await them when investing in coins and tokens, here are few facts, just because a coin has Staking feature doesn't mean they are good, it's same thing for POW coins that has no real use case..
sr. member
Activity: 1876
Merit: 259
January 05, 2020, 10:08:15 PM
#40
It is true that many new projects carry out programs such as locking tokens for a predetermined time, so that the value can increase but not immediately increase only by locking if not accompanied by the many requests and enthusiasts of these tokens for what has been said to run properly.
hero member
Activity: 2282
Merit: 505
January 05, 2020, 06:16:34 PM
#39
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.
Even if all of the tokens will be locked in the future ( based on your assumption ) and i think that will not give a lot of differences. Remember that needs a lot of time to achieve wave 10 and the current stakers are still receiving the tokens and do an instant dump to the market.
You can't take of those stakers will hodl all of their tokens. They will send it to the market ASAP.
As far as i know if that will always happen whatever some people said if that will be locked but remember the price of ERD has dumped a lot even if we are still on the early wave.
not all of the ERD will be locked and some coins may always to be traded on the exchange site as you can't assume if 100% people are interested to stake their tokens. I just expect the price will be going very low.
newbie
Activity: 1
Merit: 0
legendary
Activity: 1610
Merit: 1003
January 05, 2020, 04:01:33 PM
#37
that is good to raise the value, but its useless if no one buy that token. try to look for other coin, actually you can find project with this method, but hard to know who is the best. mostly, people join on project for payment, not for holding for profit
sr. member
Activity: 1050
Merit: 277
January 05, 2020, 02:48:20 PM
#36
How is a project that just has a whole lot of people the vast majority locking it up? So it's just distributed based on how many people bought at what time. Early investors might come out on top of the price holds but most often it just plummets and goes down because some of the coins are very Ponzi like and you just pass the bag off to the next holder until they did holding and pass it on to the next person.
sr. member
Activity: 1204
Merit: 253
Undeads.com - P2E Runner Game
January 05, 2020, 01:39:57 PM
#35
As it is very risky, the lure, in the beginning, can lead to a scam that always Tauang on TV. Bets are big risks and results.
So it is better to be careful in choosing a project that could be at any time the project will die and become a display.
sr. member
Activity: 1270
Merit: 254
Oikos.cash | Decentralized Finance on Tron
January 05, 2020, 12:43:33 PM
#34
It doesn't make much sense to make a profit by locking money. After DASH, it is not easy to earn in this way. Those who invested in the market very early took advantage of this opportunity. Now it's not possible. Which project makes Stake profit? Could be if you want to invest long term. But there are more accurate plans if you say you'll spend stake income.
I also think that blocking somewhere your money for profit is now a very bad idea. Now you cannot trust any platforms that offer you a reward for freezing your money. Now there are some good projects that offer good payouts for holding their coins in your wallet. one of such projects is MZG. Study it and maybe you will participate
full member
Activity: 518
Merit: 102
January 05, 2020, 12:20:59 PM
#33
It doesn't make much sense to make a profit by locking money. After DASH, it is not easy to earn in this way. Those who invested in the market very early took advantage of this opportunity. Now it's not possible. Which project makes Stake profit? Could be if you want to invest long term. But there are more accurate plans if you say you'll spend stake income.
sr. member
Activity: 560
Merit: 256
January 05, 2020, 11:54:29 AM
#32
Mate you should be more worried about the potential of the project not how much you will earn when staking, many staking projects lose value and turn shitcoins because all they ever have to offer is just the staking feature, no other use case, be sure to check that out first
Hello! I agree with you. We should consider how the potential of the project will develop, the likelihood of success. You bet will not help you, the price may change if the project is canceled. Before you spend money think about the certainty that you will not lose money.
hero member
Activity: 1708
Merit: 541
January 05, 2020, 10:15:55 AM
#31
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.
Nothing interesting at all. Locking the supply doesn't mean the price will go up. The reason behind price pump mostly have less to do with extremely restricted supply, but increasing demand. All I can see is the price keep going down until it gets no volume and delisted from all exchange. Avoid it.
sr. member
Activity: 798
Merit: 250
Vave.com - Crypto Casino
January 05, 2020, 09:58:49 AM
#30
17 billion is a lot of supply, and the price is still going down so if you do staking I think it might not get a profit because the price continues to fall.
but if the price goes up again when you do the staking then you get a profit, this is a bit risky but not wrong to do.


Everything in cryptocurrency investment is risky nothing is a guaranteed return if you're doubtful about the btc price you cannot stand to hold for long term investment and staking. Btc will slowly crawl back to the $10,000 level this year for sure because there are a lot of good news in cryptocurrency today.
Every decision we take always carries a risk and I also think that BTC will be able to increase again this year because according to what we have observed this year there will be good news about cryptocurrency which can then drive up the price of BTC and can benefit those of us who hold BTC. But, this is only my opinion personally, maybe what I say can be wrong and I also just hope that this year can give us all the benefits.
jr. member
Activity: 417
Merit: 1
January 05, 2020, 08:10:48 AM
#29
I do not want to stake coins that I have earned hardly as a bounty hunter. Instead of staking, I prefer trading. In staking, your coins are locked for a certain period of time (it means you cannot trade at all). But when your coins are not staked, you can sell them freely if its price goes higher. I believe a good project increases in price upon hitting exchanges.
full member
Activity: 896
Merit: 100
January 05, 2020, 07:43:17 AM
#28
I'm not sure if samsung always believes we all know that big companies like Samsung are electronics giants ,how does the price look immature I mean the fall from $0.009 to $0.0016 looks immature and very disturbing to the eye ,how do you explain this?
it's hard to believe if there is a decline of that size. of course, it is a big loss from the owner of the asset. but it all happened when market sentiment towards the bad news and the market began to falter. that's what happens then the decline is inevitable. the market community is declining and everyone will think of securing their money.
copper member
Activity: 238
Merit: 1
January 05, 2020, 07:35:26 AM
#27
Staking of cryptocurrency has been getting popular in the industry lately and several projects are including such features in their tokens to give investors a reason to hodl and reduce the impact of dumping on the tokens.
hero member
Activity: 2156
Merit: 531
January 05, 2020, 07:25:10 AM
#26
Mate you should be more worried about the potential of the project not how much you will earn when staking, many staking projects lose value and turn shitcoins because all they ever have to offer is just the staking feature, no other use case, be sure to check that out first
The potential, nothing to worry about that because its very potential lots of partners like samsung corporation are always believed to their project and also vision. So I am not aware in terms in potential because its very potential with things.
I'm not sure if samsung always believes we all know that big companies like Samsung are electronics giants ,how does the price look immature I mean the fall from $0.009 to $0.0016 looks immature and very disturbing to the eye ,how do you explain this?
sr. member
Activity: 2226
Merit: 347
January 05, 2020, 06:28:21 AM
#25
17 billion is a lot of supply, and the price is still going down so if you do staking I think it might not get a profit because the price continues to fall.
but if the price goes up again when you do the staking then you get a profit, this is a bit risky but not wrong to do.


Everything in cryptocurrency investment is risky nothing is a guaranteed return if you're doubtful about the btc price you cannot stand to hold for long term investment and staking. Btc will slowly crawl back to the $10,000 level this year for sure because there are a lot of good news in cryptocurrency today.
member
Activity: 633
Merit: 11
January 05, 2020, 06:20:24 AM
#24
Mate you should be more worried about the potential of the project not how much you will earn when staking, many staking projects lose value and turn shitcoins because all they ever have to offer is just the staking feature, no other use case, be sure to check that out first
The potential, nothing to worry about that because its very potential lots of partners like samsung corporation are always believed to their project and also vision. So I am not aware in terms in potential because its very potential with things.
sr. member
Activity: 1190
Merit: 267
Undeads.com - P2E Runner Game
January 05, 2020, 04:12:39 AM
#23
17 billion is a lot of supply, and the price is still going down so if you do staking I think it might not get a profit because the price continues to fall.
but if the price goes up again when you do the staking then you get a profit, this is a bit risky but not wrong to do.
sr. member
Activity: 826
Merit: 252
January 05, 2020, 02:19:48 AM
#22
Staking is similar with investment the different only how it works. When the price go down at the beginning that's normal people need something to trust and replace the money. When reach in the middle ( 5 - 8 ) you need to aware this is not potential project to make money. You need to follow their progress and if you feel not worth just cut loss and go for your own safety.
copper member
Activity: 350
Merit: 1
January 04, 2020, 08:56:55 PM
#21
I'm barely interested in the staking of my tokens because the returns are always very low as compared to what could be derived from trading the tokens. Staking in some cases makes it impossible for the tokens to be withdrawn to take advantage of price swings which are not rampant.
sr. member
Activity: 1050
Merit: 256
January 04, 2020, 08:50:08 PM
#20
I smell death on this coin.
If the focus is only staking and locking, I think that in the end the last staker won't get anything because the supply that has circulated from the previous wave is so numerous and there are no backups from the real use case. It is like who quickly wins.
hero member
Activity: 1470
Merit: 509
January 04, 2020, 07:25:24 PM
#19
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.
I was unaware of the project, however I checked the scam accusation section and a few review sites and I did not encounter anything about it being bad.
So, of course, reaching the last wave means an increase in demand for elrond, which will mirror itself in price. But will it be that easy to reach the summit?
hero member
Activity: 1414
Merit: 516
January 04, 2020, 06:46:40 PM
#18
It depends by project, some coins can give profit if stake them or lock them if there are enough investors who buy that coin or if that project have some connection with some huge websites and they accept their coin as a payment.
hero member
Activity: 2184
Merit: 531
January 04, 2020, 06:29:53 PM
#17
I like staking because it's a nice and energy efficient way of minting new coins. There are many companies jumping on the bandwagon, offering staking services for multiple coins with a very low fee.
You have to remember that it's hard to generate profit from "nothing". The lower the investment and risk the lower the profit. With mining you had to buy hardware this way going long and risking more. PoS coins can be sold instantly so the risk is lower and the minimum investment is also much lower. Also investing in a bear market in both PoW or PoS is very risky and can get you on the negative very fast.
legendary
Activity: 2450
Merit: 1047
January 04, 2020, 05:56:38 PM
#16
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.

If they are only a Staking token with no products or services or even platform to boast I don't think it's worth investing here not to mention there so high supply, any developer can create a token and make it a staking one and lock it for a period, it will just become a pump and dump coins with nothing to offer to the community.
sr. member
Activity: 882
Merit: 254
January 04, 2020, 04:21:30 PM
#15
Staking isn't that great anymore i crypto, especially if the lock condition are monthly based without the right to withdraw your coins.
I would stay out of these kin of staking coins, i won't min staking good coins but also have the right to withdraw when i see the prices right for me to sell.
sr. member
Activity: 1652
Merit: 262
January 04, 2020, 10:15:05 AM
#14
recently I just thought that staking wasn't very effective for pumping the market. because locking tokens for a long time is not a good thing and for example later tokens do not get high demands and high volumes, it will only make the tokens even lower.
sr. member
Activity: 1148
Merit: 432
January 04, 2020, 08:55:14 AM
#13
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.
This is where we are mentally tested, do we have to really believe in a new token, or do we maintain the one we first held, the elrond problem I will certainly refrain from investing in, because there are still many more promising for the short to medium term in particular.
legendary
Activity: 3094
Merit: 1069
DGbet.fun - Crypto Sportsbook
January 04, 2020, 08:25:10 AM
#12
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.

I too had a look at Elrond and it looks promising. But as you said, they might not be worth the hassle if you could still buy them cheaper at a later time.
I have a few coins that are staked, NEO, Tron and Algorand to name them. I rather focus on the high ranked coins by marketcap as they have lower chances to fail as many hedges use them on their portfolio.
legendary
Activity: 2492
Merit: 1018
January 04, 2020, 08:20:48 AM
#11
Mate you should be more worried about the potential of the project not how much you will earn when staking, many staking projects lose value and turn shitcoins because all they ever have to offer is just the staking feature, no other use case, be sure to check that out first

This is why there is not much demand for most of the altcoins that just appear to be released but without use case of the token. Even tron isn't safe to price fluctuation because it seem like TRX doesn't have a use case to their platform. Nothing so far is exactly meant for what TRX purpose is from the beginning. And this could be the cause of its failure just like the POS coins without a cause.
hero member
Activity: 3108
Merit: 577
Leading Crypto Sports Betting & Casino Platform
January 04, 2020, 08:15:10 AM
#10
I can't give a straight about this because I don't know much about Elrond. But if you want to be on staking, choose those coins that are very popular lately and has a very strong support from the community and also to the exchanges where it's listed. With those popular staking coins, you have assurance that you are safe although I'm saying that I still don't have idea about Elrond.
newbie
Activity: 16
Merit: 0
January 04, 2020, 07:45:43 AM
#9
When the focus is on the monetary outcome then I see a dead project already
legendary
Activity: 3038
Merit: 1166
Leading Crypto Sports Betting & Casino Platform
January 04, 2020, 07:29:30 AM
#8
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.

It doesn't matter if you get more coins via stacking if no one will use or need them in the first place. And inflation of your coin most likely will decrease the price in btc, making the whole stacking pointless.
full member
Activity: 1498
Merit: 146
January 04, 2020, 07:19:02 AM
#7
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.
Staking shit coins are risky though because you will never know when the prices will hit zero,better invest on a coin which is doing good and has more speculation than investing on new and low value coins.
sr. member
Activity: 1033
Merit: 250
Leading Crypto Sports Betting & Casino Platform
January 04, 2020, 07:17:26 AM
#6
the price is determined by the demand, the locking period might affect the price in some way but it is not significant. even if the project locks 90% of the total circulating supply but nobody wants to buy it, the price will eventually drop. as for now, I do not see any demand for the altcoin.
market demand that can determine the price will be good or not, without the appropriate demand then I think the coins will continue to decline in price. so any method used by developers to hold coins must be proportional to the demand in the market.
sr. member
Activity: 784
Merit: 251
January 04, 2020, 07:13:26 AM
#5
It's useless to staking coins or deflation if there is no potential, but will later make shitcoin, unless they can solve the problem quickly. It is also important to note that the development of crypto is currently competing with each other and the one who is able to master is the winner. Coin staking is indeed currently a hot topic of conversation, but what needs to be considered is whether there is potential or not? It's useless if the coins are locked in half of the supply if there is no real demand so it's useless.
sr. member
Activity: 420
Merit: 250
January 04, 2020, 06:56:50 AM
#4
When coin locking I think have big chance have higher price but depend with developer there are really with locking their coin or not, maybe when you want staking with some coin and lock it but developer never lock their assets and only your staking coin on exchange market have lock, I think when joining with staking project better to join with coin have limited supply.
member
Activity: 434
Merit: 19
January 04, 2020, 06:54:04 AM
#3
Mate you should be more worried about the potential of the project not how much you will earn when staking, many staking projects lose value and turn shitcoins because all they ever have to offer is just the staking feature, no other use case, be sure to check that out first
sr. member
Activity: 1274
Merit: 263
January 04, 2020, 06:50:44 AM
#2
the price is determined by the demand, the locking period might affect the price in some way but it is not significant. even if the project locks 90% of the total circulating supply but nobody wants to buy it, the price will eventually drop. as for now, I do not see any demand for the altcoin.
member
Activity: 633
Merit: 11
January 04, 2020, 06:02:00 AM
#1
Hello, Lets talk about staking portion for a new generation of investment that you don't need trade cryptos but you can profit by locking tokens or coins?

I saw an staking today and the project called Elrond, Their staking has have 10 wave or phase of staking and now was on wave 2, the total supply was 17,000,000,000 ERD and only circulating was 6.612B each wave will be end if they reach the maximum 500M capacity. And the price still down fall, What is your opinion if they reached until the wave 10 and its almost all of circulating supply will be locked for a minimum 30 days up to 1 year.
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