Which tokens do you like to stake/hold for profits? - page 5.

SheriffEl

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Activity: 212

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Quote from: Marckolind on March 12, 2020, 03:58:14 PM

I'm cold staking my XSN. (Stakenet actually invented cold staking back in 2017, and implemented it early 2018). Pretty cool.

Also running a few masternodes for passive income, which will become extremely profitable due to all the dApps that will run on these masternodes, first one being Stakenet's Lightning Network supported Multi Currency Wallet and DEX.
Allows instant trading, no sync time, no KYC, no bullshit.

Here's a pic of it:

Nice! Hope it brings you high profits!

Irvinn

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Activity: 966

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By far the main investment in my portfolio is Ethereum and bitcoin. Other cryptocurrencies that I own in my opinion are at risk, but nonetheless I expect very good results from Christasist, cortex, kubitx, sportfix.

julius caesar

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In my case, I am always checking out on the coins that is on the ranking since they are the one who is most trustable by the investors. There is a chance that their value can easily recover because of the people who supports it. Ethereum and Ripple is a good example. Even though the value of it is currently low, you know that there is a possibility that it will rise up very soon.

Yamifoud

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Quote from: SheriffEl on March 11, 2020, 07:37:17 AM

Hey crypto enthusiasts.

I recently discovered staking and I'm pretty interested in it.

However, I noticed TEZOS and COSMOS are the most staked and known staking coins. What is your experience with it? Is this profitable?

I found out that a project which i have been following lately has started its own staking event --> https://newscrypto.io/holder_rewards.pdf Is this the same as staking? It looks profitable but i dont understand the whole procedure behind it.

What are your thought and experience around these staking/holding events?

Thanks in advance.

Nah, I'm not having fun of doing this either cause if we would like to generate more profit better have to engage in trading or either just to hold Bitcoin. Staking won't give you much profit, it has a high risk of losing the same risk that you've been int trading. Of course, it also matters what coin you've been chosen to stake but much preferred to hold known altcoins or stick into Bitcoin alone.

Anyway, there is something we need to try and to find out also what is the result in a certain thing. Actually, there is no harm to that but I have to suggest not to put a big money on this trial.

Febo

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Quote from: SheriffEl on March 12, 2020, 06:11:00 AM

Quote from: Febo on March 11, 2020, 09:48:24 AM

Quote from: SheriffEl on March 11, 2020, 07:37:17 AM

Which tokens do you like to stake/hold for profits?

What you earn from staking is so small compared to how much some coin/token increase/decrease value in one month. I would not bother with thinking of how much you can earn by staking but rather buy coins/tokens that will have use case in future and its value will increase in next 10 years. Also if sole use case of a coin is to stake it sounds a lot like a ponzi.

Understandable, but you do not need to do anything right? Also this NwC project has 25% rewards if you buy enough of those coins, that's not that bad imo.. But as i said i'm still new in this segment.

Price of Bitcoin dropped 40% in single day two days ago. It can also grow the same. Altcoins are even more volatile. You say a coin have 25% reward for a year? I can only make a big LOL!!!

yanto@1977

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Quote from: SheriffEl on March 11, 2020, 07:37:17 AM

What are your thought and experience around these staking/holding events?

Staking is similar with investment but have combination with fees transaction, more bigger you staking you'll get zero fees for your transactions. This method only for people who have big money and active for trade, specially daily but not with week/ month. In Eos platform staking can be use for saving profit from game, so the combination more variate. This time I suggest not use staking mode, try daily trade because halving most arrive and could reduce your fund of value.

beerlover

legendary

Activity: 2996

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Honestly, I have always suggested that anyone who can get their hands on some DASH masternode should do that with no questions asked. I know that price of Dash could go up and down, it is one of the bigger losers since the 2017 peak and that is why not many people really like to get a masternode from Dash since it wouldn't really make them rich even if it was giving out 25% yearly interest because the price dropped a lot.

But, I think at its all time high one masternode was worth over a million dollars if I am not wrong, that means buying one at 65 thousand if you can would make you richer not by just giving you a decent return every single day, but also giving you profits when it will go up. It is dash after all, I am not expecting it to go away anytime soon.

jossiel

hero member

Activity: 2842

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I don't stake Tezos but why because it's one of the most staked is because Coinbase and Ledger are supporting it.

https://www.coinbase.com/earn/tezos

https://www.ledger.com/staking-tezos

Marckolind

jr. member

Activity: 352

Merit: 3

I'm cold staking my XSN. (Stakenet actually invented cold staking back in 2017, and implemented it early 2018). Pretty cool.

Also running a few masternodes for passive income, which will become extremely profitable due to all the dApps that will run on these masternodes, first one being Stakenet's Lightning Network supported Multi Currency Wallet and DEX.
Allows instant trading, no sync time, no KYC, no bullshit.

Here's a pic of it:

bittraffic

hero member

Activity: 3038

Merit: 617

Quote from: SheriffEl on March 12, 2020, 06:13:04 AM

Quote from: itsv on March 11, 2020, 01:07:54 PM

Well ethereum is also moving to proof of stake later this year for which you'll need 32 eth in case of solo stacking or you can stake with some pool. Similarly cardano has launched incentivized testnet their main-net isn't live yet but definitely a project to keep your eye on.

nice! But still, 32 Ethereum is a lot haha.

Its the number of ETH where by the time ETH is going to turn POS, the 32 ETH you have will be able to stake with good profit. Its not even sure if its true though. I tell whats real is to hold HASH token and stake in Bethash because passive income is going everyday for anyone who stakes it. If there is anything to invest in crypto its the casinos because whether the market can go bear or bull, you will always earn being part of the house.

SheriffEl

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Activity: 212

Merit: 3

Quote from: itsv on March 11, 2020, 01:07:54 PM

Well ethereum is also moving to proof of stake later this year for which you'll need 32 eth in case of solo stacking or you can stake with some pool. Similarly cardano has launched incentivized testnet their main-net isn't live yet but definitely a project to keep your eye on.

nice! But still, 32 Ethereum is a lot haha.

SheriffEl

jr. member

Activity: 212

Merit: 3

Quote from: Febo on March 11, 2020, 09:48:24 AM

Quote from: SheriffEl on March 11, 2020, 07:37:17 AM

Which tokens do you like to stake/hold for profits?

What you earn from staking is so small compared to how much some coin/token increase/decrease value in one month. I would not bother with thinking of how much you can earn by staking but rather buy coins/tokens that will have use case in future and its value will increase in next 10 years. Also if sole use case of a coin is to stake it sounds a lot like a ponzi.

Understandable, but you do not need to do anything right? Also this NwC project has 25% rewards if you buy enough of those coins, that's not that bad imo.. But as i said i'm still new in this segment.

SheriffEl

jr. member

Activity: 212

Merit: 3

Quote from: MarzoB on March 11, 2020, 08:27:17 AM

I use their platform and my thoughts of them are positive. They have a good product behind their token, so i think they can succeed in this market. Holding is very similar to staking in sense that you get compensated in currency just for holding certain amount. This event has quite high rewards, so it is a no-brainer, if u ask me.

which one? Kava or Newscrypto?

akram143

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Staking profits is nothing when we compare them with crypto volatility range on prices so if you are looking to multiply your capital then its not the good way.If you just wants to make some while your crypto is sleeping then staking is okay but choose any coin which can be staked on wallet not on exchanges.

itsv

full member

Activity: 532

Merit: 100

Well ethereum is also moving to proof of stake later this year for which you'll need 32 eth in case of solo stacking or you can stake with some pool. Similarly cardano has launched incentivized testnet their main-net isn't live yet but definitely a project to keep your eye on.

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: SheriffEl on March 11, 2020, 07:37:17 AM

Which tokens do you like to stake/hold for profits?

What you earn from staking is so small compared to how much some coin/token increase/decrease value in one month. I would not bother with thinking of how much you can earn by staking but rather buy coins/tokens that will have use case in future and its value will increase in next 10 years. Also if sole use case of a coin is to stake it sounds a lot like a ponzi.

MarzoB

newbie

Activity: 59

Merit: 0

I use their platform and my thoughts of them are positive. They have a good product behind their token, so i think they can succeed in this market. Holding is very similar to staking in sense that you get compensated in currency just for holding certain amount. This event has quite high rewards, so it is a no-brainer, if u ask me.

SheriffEl

jr. member

Activity: 212

Merit: 3

Hey crypto enthusiasts.

I recently discovered staking and I'm pretty interested in it.

However, I noticed TEZOS and COSMOS are the most staked and known staking coins. What is your experience with it? Is this profitable?

I found out that a project which i have been following lately has started its own staking event --> https://newscrypto.io/holder_rewards.pdf Is this the same as staking? It looks profitable but i dont understand the whole procedure behind it.

What are your thought and experience around these staking/holding events?

Thanks in advance.

Topic: Which tokens do you like to stake/hold for profits? - page 5. (Read 575 times)